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ArcelorMittal Nippon Steel India (AM/NS India) has secured a 30-year contract to operate and mechanise the OQ-III captive berth at Paradip Port, handling 10 million tonnes of dry bulk cargo.

AM/NS India wins ₹451 Cr berth upgrade deal at ₹762.20/MT rate, boosting logistics for Paradip pellet plant after Essar Ports acquisition in 2022.

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IRB Infrastructure Developers Ltd reported a 14% rise in Q4 FY25 net profit to ₹214.7 crore, up from ₹188.8 crore in the same quarter last year, driven by increased operational revenue.

Revenue rose to ₹2,149 Cr; net profit surged to ₹6,480 Cr. Toll revenue up 23%. IRB leads India’s toll roads with ₹80,000 Cr assets across 12 states.

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