Markets

Aananda Lakshmi Spinning Mills Approves Interim Results, Re-appoints MD Devender Kumar Agarwal Aananda Lakshmi Spinning Mills Ltd announced key outcomes of its Board meeting held on Tuesday, August 11, 2026. The board approved the unaudited financial results for the quarter ending June 30, 2026, and ratified the Directors' Report for the fiscal year ended March 31, 2026. A significant decision from the meeting was the re-appointment of Mr. Devender Kumar Agarwal as Managing Director.The company provided comprehensive financial data spanning two quarters, highlighting its operational performance. The board also addressed the ongoing status of the spinning division, which has been discontinued since September 22, 2020.Financial...

Shadowfax Technologies Allots Equity Shares Under ESOP Plan, Increasing Paid-Up Capital Shadowfax Technologies Ltd has increased its issued capital following the allotment of equity shares to eligible employees and ESOP holders under the Shadowfax Technologies Limited - Employee Stock Option Plan 2016 (SFX ESOP 2016). The Board of Directors approved the allotment of 1,241,478 equity shares, each having a face value of Rs. 10/-.The stock options were exercised by eligible employees and ESOP holders as part of the SFX ESOP 2016 initiative.This exercise has resulted in an increase in the company's issued, subscribed, and paid-up equity share capital. The capital stood previously at Rs. 5,85,31,97,500, comprising 58,53,19,750 equity...

Majestic Auto Reports Quarterly Results: Net Profit Rises Despite Expense Concerns Majestic Auto Ltd. has announced its unaudited financial results for the quarter ended June 30, 2026, alongside the Limited Review Report. The company released both standalone and consolidated performance figures, which reflect various operational updates including a major divestment and dividend approvals.Standalone Financial Performance The Board of Directors approved the Standalone Unaudited Financial Results for Majestic Auto Ltd. for the quarter ended June 30, 2026. Key metrics from the results include:ParticularsQtr Ended (Unaudited)Year Ended (Audited)Total Income3,041.176,128.18Total Expenses495.77402,215Profit before Tax...

Royal Orchid Hotels Announces Q1 Results, Re-appoints Director, Sets AGM Date Royal Orchid Hotels Ltd has released its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also announced the re-appointment of an Independent Director and set key dates for shareholder activities.The Board meeting held on August 11, 2026, approved the un-audited financial results for both standalone and consolidated operations. A Limited Review Report from Statutory Auditors regarding the standalone results was also noted by the Board.Financial Performance Highlights (Quarter ended June 30, 2026) The company reported key figures across its operational segments in the first quarter of the fiscal year...

Pudumjee Paper Reports Turnover of Rs 203 Crores as EBIDTA Declines For Quarter Ended June 30, 2026Pudumjee Paper Products Limited reported its financial performance for the quarter ended June 30, 2026. The company recorded a turnover of Rs 203 Crores in the current period, compared to Rs 196 Crores during the corresponding period last year. However, Earnings Before Interest, Depreciation and Amortization (EBIDTA) stood at Rs 51 Crores, representing 25%, down from 27% or Rs 52 Crores in the previous quarter.The financial snapshot for Pudumjee Paper Products Limited for the quarter ended June 30, 2026, is detailed below:Financial MetricCurrent Quarter (Q1 FY26)Corresponding Period Last YearTurnoverRs 203 CroresRs 196 Crores...

Bondada Engineering Strengthens Order Book with New BESS Projects and Telecom Tower Supply Orders Bondada Engineering Limited has announced that its subsidiary companies have secured significant orders across the renewable energy storage and telecom infrastructure segments, substantially bolstering the group's order book.The company's consolidated order book now stands at approximately ₹10,023 crore following the receipt of these new contracts. The orders provide enhanced revenue visibility and establish a robust execution pipeline across Bondada Engineering’s key business areas.Order Details and Market Impact Bondada Renewable Energy Private Limited, a subsidiary of the group, received orders for setting up Battery Energy Storage...

Ganesh Housing Ltd Releases Business Responsibility and Sustainability Report for FY2025-2026 Ganesh Housing Limited, a prominent real estate developer in Gujarat, has released its Business Responsibility and Sustainability Report covering the financial year 2025-2026. The report details the company’s operational footprint, social commitments, risk mitigation strategies, and environmental performance across various parameters.Operational Snapshot and Business Scope Ganesh Housing Ltd., incorporated on June 13, 1991, operates with a paid-up capital of ₹8338.71 Lakhs. The company's primary business activity is the Real Estate Engaged in Construction of Infrastructure Development, specifically residential, commercial, and infrastructural...

Skipper Limited Announces Q1 Results and Sets AGM Details for 2026-27 Skipper Limited, on August 11, 2026, announced the approval of its unaudited financial results (both standalone and consolidated) for the quarter ended June 30, 2026. The company also set the schedule for its upcoming Annual General Meeting (AGM).The Board of Directors approved the Q1 financial results along with a Limited Review Report prepared by M/s. JKVS & Co., Statutory Auditors. Furthermore, the Board decided to hold the 45th Annual General Meeting on Tuesday, September 15, 2026, via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).The company established Friday, September 04, 2026, as the cut-off/record date for remote e-voting and dividend...

Sanofi India Receives Favorable Tax Order: Income Tax Demand of Rs 72 Lakh Vacated Sanofi India Limited has secured a favorable development regarding tax proceedings after receiving an order from the Assistant Commissioner of Income Tax in Mumbai. The order, dated August 11, 2026, gives effect to the appellate decision made by CIT(A) - 49, Mumbai on July 2, 2026.The order specifically pertains to proceedings initiated under Section 201 of the Income-tax Act, 1961. As a result of this ruling, the demand amounting to Rs 72,71,510 has been vacated, thereby allowing for relief as granted by CIT(A) - 49.The dispute centered on an appeal concerning the non-deduction of Tax Deducted at Source (TDS) related to year-end provisions. Sanofi...

Pudumjee Paper Products Reports Q2 FY26 Unaudited Financial Results with Total Revenue of 21,853 Pudumjee Paper Products Ltd has released its Statement of Unaudited Financial Results for the quarter ended June 30, 2026. The company reported a Total Revenue of 21,853 (Rs. in Lakhs) for this period.The results were recorded by the Board of Directors following the board meeting held on August 11, 2026.Consolidated Financial Highlights For the quarter ended June 30, 2026, Pudumjee Paper Products reported an Income from operations of 20,292 (Rs. in Lakhs). The company's total revenue stood at 21,853, including other income of 1,561.The company recorded Total Expenses amounting to 16,734 for the period. Profit before Interest...

Chatha Foods Receives BSE Listing Approval for Equity Shares Allotted via Warrant ConversionChatha Foods Limited has received listing approval from the Bombay Stock Exchange (BSE) regarding a tranche of equity shares issued through a preferential allotment process. The approval grants permission for these shares to be dealt in on the exchange.The shares were allotted to the Promoters of Chatha Foods and represent 1,03,000 units. These shares are specifically linked to the conversion of warrants previously issued by the company on a preferential basis.Key details regarding the share allotment and listing approval include:MetricDetailNumber of Equity Shares1,03,000Face Value per ShareRs. 10/- eachAllotment...

MRF Reports Q1 Results: Consolidated Net Profit Stands at Rs 495.35 Crores Amid Rising Input Costs MRF Ltd has reported its unaudited financial results for the quarter ended June 30, 2026, showing a resilient operational performance despite facing increased input costs. The company’s consolidated total income and profit figures were detailed across both the current and corresponding previous year quarters.Financial Highlights for Q1 2026The financial results reflect both revenue generation and profitability metrics:MetricQ1 Ended June 30, 2026Q1 Ended June 30, 2025Consolidated Total IncomeRs 8610.56 CroresRs 7804.23 CroresConsolidated Profit Before TaxRs 649.69 CroresRs 671.83 CroresProvision for TaxRs 154.34 Crores...

Arfin India Approves Quarterly Results for Q2 FY26; Schedules AGM Arfin India Ltd announced the results of its Board meeting, confirming the approval of Unaudited Financial Results for the quarter ended June 30, 2026. The company also set the date for its upcoming Annual General Meeting (AGM).The Board of Directors held a meeting on Tuesday, August 11, 2026, at the registered office in Gandhinagar, Gujarat. During the meeting, the Board considered and approved the Unaudited Financial Results for both the Standalone and Consolidated basis. These financial statements were subjected to a Limited Review by the Statutory Auditors of the Company.The AGM is scheduled to be held through Video Conferencing (VC)/Other Audio-Visual Means...

Narendra Properties Ltd Announces Board Approvals, Independent Director Re-appointment, and Releases Q2 Unaudited Results Narendra Properties Limited held a meeting of its Board of Directors on Tuesday, August 11, 2026. The board considered several matters, including approving the unaudited financial results for the quarter ended June 30, 2026, along with key appointments and authorizations, as detailed in the company's announcements.The meeting approved the Unaudited Financial Results for the quarter ending June 30, 2026. These results were reviewed by Statutory Auditors M/s SANJIV SHAH & ASSOCIATES LLP and are included in the records.Corporate Governance and Appointments The Board took several significant steps regarding its...

Magellanic Cloud Ltd Schedules Board Meeting for Q1 Financial Results Review Magellanic Cloud Limited, formerly known as South India Projects Limited, has scheduled a Board of Directors meeting to review and approve the company's financial performance for the quarter ended June 30, 2026.The Board meeting is set to take place on Friday, August 14, 2026. The agenda for the meeting includes considering and approving the Unaudited Standalone and Consolidated Financial Results, along with the Limited Review Report of the Company for the specified quarter.In terms of market trading activities, the company confirmed that the trading window for its securities was closed starting Wednesday, July 1, 2026. This closure will remain in effect...

Govt Allocates ₹15 Cr to High-Tech Textiles Startups, Driving Industrial Innovation in Technical Sector How the GREAT Scheme Drives Technical Textile Innovation The Ministry of Textile has announced a significant initiative to bolster India's startup ecosystem through the National Technical Textiles Mission (NTTM). The "Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles" (GREAT) scheme is designed to support young innovators, scientists, and aspiring start-up ventures. This scheme aims to translate novel ideas into commercially viable technologies within the technical textiles sector nationwide.The total budget allocated to the NTTM for the current financial year 2026-27 stands at Rs 256 crore...

Hemisphere Properties Approves Q2 Financial Results, Concludes Major Land Sale to Hypervault Data Center Hemisphere Properties India Ltd., a Government of India Enterprise, has approved the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The company also confirmed the successful conclusion of a land sale transaction in Pune, Maharashtra, with Hypervault AT Data Center Limited.The Board of Directors held a meeting on Tuesday, August 11, 2026, and approved the Q2 results. These unaudited financial statements were subjected to a limited review by M/s Aggarwal & Rampal, Chartered Accountants, who issued a Limited Review Report with an unmodified opinion regarding the figures.Hemisphere Properties' operations...

Zydus Lifesciences Reports Q1 FY27 Results: Revenue Rises 22% As Net Profit Declines 36% Zydus Lifesciences Limited announced its unaudited consolidated financial results for the first quarter of Fiscal Year 2027, highlighting a 22% rise in revenue from operations. The company maintained strong performance in innovation and international markets, though net profit saw a decline of 36% year-on-year.The consolidated performance figures show that Zydus Lifesciences generated Rs. 80,170 mn in revenue during the quarter. EBITDA for Q1 FY27 was Rs. 19,294 mn, marking an 8% decline year-on-year (YoY), with an associated EBITDA margin of 24.1%. Net Profit for the quarter stood at Rs. 9,398 mn, representing a 35.9% decrease compared to Q1...

China Imports Drive India's Green Revolution: Govt Confirms Critical Minerals Essential for EV and Semiconductor Push The Indian government has affirmed that certain imports from China, including critical minerals and industrial inputs, are fundamental to bolstering the nation’s clean-energy transition. The Commerce Ministry clarified this stance in a written response to a Lok Sabha question, acknowledging the role of these goods despite ongoing concerns regarding low-cost Chinese products in domestic markets.The ministry explicitly stated that India imports essential inputs such as lithium, cobalt, nickel, graphite, and rare earth elements. These materials are non-negotiable components for advancing clean-energy technologies...

Global Surfaces Ltd Corrects Consolidated Financial Figures for Q2 FY26; Highlights Operational Status of Bagru Unit Global Surfaces Limited has issued a corrigendum regarding its Un-Audited Consolidated Financial Results for the quarter ended June 30, 2026. The correction pertains to an inadvertent clerical error in reporting 'Cost of materials consumed' and 'Changes in inventories of finished goods and work-in-progress'.The necessary adjustments were made as a reclassification between these two line items only. The company confirmed that this correction had no impact on Total Expenses, Total Income, Profit Before Tax, Profit After Tax, Total Comprehensive Income, Earnings Per Share, or any other financial parameters for the quarter...