Essar

Essar Energy Transition posts record domestic fuel sales at Stanlow refinery in 2025

The UK refiner also saw an 8% rise in throughput amid tighter national fuel supply after refinery closures

Q2 results: Essar-owned Black Box reports higher sequential revenue, margins improve

EBITDA margins for the reported quarter also grew by 60 basis points to 9 percent. Profit for the quarter grew by 17 percent to Rs 56 crore

Essar Group-backed tech firm Black Box outlines 15% year-on-year growth over 4 years

For the quarter ending June 30, 2025, Black Box reported a topline of Rs 1,387 crore

Essar Green Mobility eyes $1 billion turnover in three years

The green mobility venture of conglomerate Essar Group offers clean fuel logistics solutions and also operates a fleet of heavy commercial vehicles powered by Liquefied Natural Gas (LNG) and electricity.

Blue Energy raises $50 million, Nikhil Kamath among backers

Blue Energy, which counts the Essar Group and European commercial vehicle player Iveco Group as strategic investors, has a manufacturing capacity of 10,000 trucks a year

Black Box Ltd reports 28% growth in Q1 net profit, EBITDA margins improve

Order inflows for the quarter were Rs 1,506 crore, taking the company's total order backlog to Rs 4,433 crore. The order backlog at the end of FY25 was Rs 4,313 crore

Essar's GreenLine raises $275 million in equity fundraise, Zerodha's Nikhil Kamath invests $20 million

GreenLine added that the funding round will enable the company to expand its infrastructure for green logistics, including the deployment of 10,000 new LNG and electric vehicle (EV) trucks

Essar Renewables signs MoU with Maharashtra govt to develop 2GW clean energy projects

The company said it will invest approximately Rs 8,000 crore, which is likely to generate a direct employment for over 2,000 individuals, the company statement said

Essar's IT firm Black Box to raise Rs 410 crore via preferential issue

The fundraising plan includes Rs 200 crore from existing promoters of the company, Rs 200 crore from marquee investors, including foreign institutional investors and Rs 10 crore from the company's key management personnel, according to a statement.

'Marwari' school of business keeps 3 generations of Ruia family under one roof

They share the family homes in Mumbai, Delhi and London as well as business that now spans energy, metals and mining, infrastructure and logistics and technology and retail.

Essar to invest Rs 30,000 crore in green hydrogen plant in Gujarat

There are 4 million trucks in the country and the number are slated to double in the near future

Essar sees growth potential for its IT firm Black Box amid AI boom: Prashant Ruia

Essar, which continued to hold a 33 per cent stake in Vodafone-Essar, too sold its stake and bid goodbye to the telecom business.

Essar Oil & Gas to triple capex to Rs 1,500 crore in FY25 to boost production

The company plans to ramp up output by FY27, in line with Prime Minister Narendra Modi’s mission of Aatmanirbhar Bharat, said CEO Pankaj Kalra.

Essar selects technology partner for UK industrial carbon capture facility

Topsoe will provide its sustainable flue-gas treatment technology SNOXTM, the company said in a statement.

Essar to invest $6.6 billion in power, port projects in Gujarat

Essar has signed three memorandums of understanding with the Gujarat government for investment in port, power, and energy transition sectors