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Raymond Limited Reports Resilient FY26 Performance Driven by Aerospace and Precision Components Raymond Limited announced its financial results for the fiscal year 2026, highlighting steady growth and operational resilience across its core engineering verticals. The results reflect the strategic shift following the successful demerger of the company’s Lifestyle Business and Real Estate verticals into independent entities.For the year ended March 31, 2026, the company reported a Total Income of ₹ 2,312 Cr, marking a 10% year-on-year growth compared to ₹ 2,105 Cr in the previous fiscal year. Annual EBITDA stood stable at ₹ 335 Cr, achieving an EBITDA margin of 14.5% in FY26, compared to 15.9% in FY25.The company continues to maintain...

KP Group Achieves Milestone Installing 'Make in India' 4.2 MW Wind Turbine in South Gujarat KP Group has set a significant milestone in India's renewable energy sector, becoming the first company to install the 4.2 MW wind turbine generator (4.2M160). Manufactured by Senvion India, this installation marks a major advancement in adopting next-generation wind technology under the 'Make in India' initiative.The 4.2M160 turbine, which is part of Senvion's new generation 4XM platform, was installed by KP Group in South Gujarat. The unit is specifically engineered to perform effectively within Indian wind conditions and site requirements.Technology and Performance The 4.2M160 unit features a substantial rated capacity of 4.2 MW, a...

AGI Greenpac Launches ₹1,000 Crore Aluminum Can Manufacturing Hub in Uttar Pradesh AGI Greenpac, a leading integrated packaging products company, has officially commenced the construction of a state-of-the-art aluminum beverage can manufacturing facility in Hathras, Uttar Pradesh. This massive greenfield project, backed by an investment of ₹1,000 crore, aims to establish a world-class manufacturing hub for beverage packaging in India.The 34-acre facility is being equipped with advanced, high-speed can production technology, designed for efficiency, precision, and scalability to meet global benchmarks. The plant is scheduled to commence operations in the first half of 2027.Capacity and Scalability The new facility will launch with...

Voltamp Transformers Reports Record Revenue in FY26, Announces Divisional Update Voltamp Transformers Limited announced its financial results for the quarter and the year ended March 31, 2026, reporting significant revenue growth for the fiscal year 2025-26.The company's financial performance highlights, including Revenue from Operations, Operating Profit, and EPS, are detailed as follows:ParticularsQ4 FY: 26 (₹ Cr)Q4 FY: 25 (₹ Cr)% Increase / (Decrease)FY :26 (₹ Cr)FY :25 (₹ Cr)% Increase / (Decrease)Revenue from Operations617.22624.81(1%)2153.691934.2311%Operating Profit79.77114.01(30%)344.21356.11(3%)EBITDA Margin13.17%18.63%(29%)16.50%18.93%(13%)EPS (INR Per Share)47.3595.70(50%)301.85321.65(6.54%)FY2025-26...

Marico Limited Appoints Girish Paranjpe as Independent Director Marico Limited's Board of Directors has approved the appointment of Mr. Girish Paranjpe as an Independent Director. The appointment was formalized following the recommendation of the Nomination and Remuneration Committee.Mr. Girish Paranjpe, who holds DIN: 02172725, will serve as an Independent Director for a period of five consecutive years, effective from June 1, 2026, to May 31, 2031. The company is seeking the approval of its shareholders for this appointment via a postal ballot.Profile and Experience Mr. Girish Paranjpe brings over 35 years of extensive experience to the corporate and business world. He is a Commerce graduate and a member of both the Institute of...

ABD's Integrated Rangapur Facility Recognized with Best Factory Award by Telangana Government Allied Blenders and Distillers Limited (ABD), the largest domestic spirits company by volume in India, secured the Best Factory/Management Award for its integrated manufacturing facility in Rangapur, Wanaparthy district, Telangana. The recognition was conferred by the Labour, Employment, Training & Factories Department (LET&F), Government of Telangana, during the Labour Day celebrations held on May 1, 2026.The award highlights the excellence in both manufacturing processes and management practices at the facility. The integrated infrastructure, a key production hub for ABD, encompasses an ENA distillery, an IMFL bottling unit, and a PET...

Marico Records 26% Revenue Growth in FY26; Targets ₹20,000 Crore by FY30 Marico Limited reported robust financial results for the fiscal year 2026, with Revenue from Operations reaching ₹ 13,611 crore, marking a record 26% year-on-year growth, the highest in 14 years. The company's performance was driven by the India business's underlying volume growth and strong constant currency growth in the international segment.For the quarter ending March 31, 2026 (Q4FY26), Revenue from Operations stood at ₹ 3,333 crore, reflecting a 22% year-on-year increase.Financial Performance Highlights The company demonstrated strong growth across key metrics:MetricQ4FY26Q4FY25Change (%)FY26FY25Change (%)Revenue from Operations3,333 (₹ Cr)2,730 (₹...

Marico Limited Announces Financial Results for Q/FY Ended March 31, 2026; Recommends Final Dividend Marico Limited announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ending March 31, 2026, following a Board meeting held on May 5, 2026. The Board also recommended a final equity dividend for the fiscal year 2025-26.The company set the record date for determining shareholders entitled to receive the final dividend as Thursday, July 30, 2026. Should the dividend receive shareholder approval, it is scheduled for payment on or before Saturday, September 5, 2026. Furthermore, the Board approved convening the 38th Annual General Meeting (AGM) for Thursday, August 6, 2026...

Manappuram Finance Board Approves Appointments of New Directors, Sets Date for EGM Manappuram Finance Limited announced that its Board of Directors met on May 05, 2026. During the meeting, the Board approved the re-constitution of various committees and formally approved the appointment of several additional directors, leading to the decision to convene an Extraordinary General Meeting (EGM).The appointments of directors were approved following the identification of new Board members:Director CategoryNameDINAdditional Non-Executive Non-Independent Director (Investor Nominee)Mr. Rishi Mandawat07639602Additional Non-Executive Non-Independent Director (Investor Nominee)Mr. Ashish Arvind Kotecha02384614Additional...

Sutlej Textiles Approves Technical Textiles Entry and Names New Director Sutlej Textiles and Industries Limited announced on May 5, 2026, the approval of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors also approved the appointment of Shri Alok Ohrie as an Additional Independent Director and detailed a strategic entry into the Technical Textiles sector.Leadership and Governance Update The Board of Directors held a meeting on May 5, 2026, where the audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026, were reviewed, along with the corresponding Auditor's Report.The Board also approved the appointment of Shri Alok...

Voltamp Transformers Announces Financial Results for FY 2025-26, Recommends Dividend, and Plans ₹25 Crore Land Acquisition Voltamp Transformers Limited announced the outcomes of its Board Meeting held on May 5, 2026, confirming the company's financial results for the quarter and year ended March 31, 2026. The Board approved the audited financial results and recommended a dividend while also detailing a significant capital investment for future expansion.During the meeting, the Board of Directors considered and approved the audited financial statement for the full fiscal year 2025-26.Financial Recommendations and Corporate Action Key corporate actions approved by the Board include:Dividend Recommendation: The Board recommended a...

NBCC (India) Limited Secures Rs. 176.28 Cr in Work Orders from Key Clients NBCC (India) Limited has been awarded several works through contracts in the ordinary course of its business, amounting to an approximate total value of Rs. 176.28 Cr. The newly awarded projects span various sectors, including education, sports infrastructure, and corporate campus development, drawing contracts from government bodies and major financial institutions.The total value of the contracts was spread across multiple clients and diverse projects, reflecting the company's sustained presence in major infrastructure development.A significant portion of the contract value came from the Government of Odisha through the Sports and Youth Services Department...

Punjab National Bank Reports Net Profit of ₹16,904 Crore for FY'26 Punjab National Bank (PNB) announced its audited financial results for the quarter and year ended March 31, 2026, reporting significant growth in profitability and improvements in asset quality. The bank registered a Net Profit of ₹16,904 Crore for the full fiscal year (FY) 2026.Financial Performance Highlights For FY'26, PNB recorded a Net Profit of ₹16,904 Crore, marking a Year-over-Year (Y-o-Y) growth of 1.6%. The net profit for the fourth quarter (Q4) of FY'26 was ₹5,225 Crore, an increase of 14.4% Y-o-Y, compared to ₹4,567 Crore in Q4 FY'25.The bank’s Operating Profit for FY'26 stood at ₹29,290 Crore, reflecting a 9.2% Y-o-Y growth over FY'25. Operating Profit...

Punjab National Bank Approves FY2025-26 Results, Recommends 150% Dividend Punjab National Bank (PNB) has announced the approval of its standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, and recommended a dividend of Rs. 3.00 per equity share. The bank also approved convening its 25th Annual General Meeting (AGM) on Saturday, June 20, 2026.The Board of Directors conducted the meeting on May 5, 2026, and cleared the financial outcomes for the fiscal year 2025-26, subject to shareholder approval at the ensuing AGM.Financial Performance and Key Metrics For the year ended March 31, 2026, PNB reported significant financial figures.MetricStandalone (31.03.2026)Consolidated (31.03.2026)...

Exxaro Tiles Limited Announces FY 2026 Audited Financial Results and Board Approvals Exxaro Tiles Limited announced that its Board of Directors held a meeting on May 5, 2026. During this meeting, the board approved the audited standalone and consolidated financial results for the fourth quarter and the year ended March 31, 2026. The statutory auditors issued an unmodified audit opinion on these results.The company also approved the re-appointment of Mr. Mitesh Koshti as the Internal Auditor for the financial year 2026-27, based on the recommendation of the Audit Committee.Financial Highlights for FY 2026 The audited financial results reflect key movements in the company's financial position and performance compared to the previous...

Vikran Engineering Commissions Second Solar Plant, Scaling Renewable Push Under PM-KUSUM Thane, May 5, 2026: Vikran Engineering Limited (VEL), a multi-sector EPC (Engineering, Procurement, and Construction) company, announced the commissioning of its second 5 MW solar power plant. The facility is located in Ambijalgaon, Ahilyanagar district, Maharashtra, and operates under the PM KUSUM Scheme. This new operational plant marks a significant milestone in the company’s expanding renewable energy portfolio, building on a 600 MW solar contract secured in December 2025.The solar facility is designed to provide reliable daytime electricity specifically for agricultural irrigation. This development aims to address persistent challenges faced...

Avantel Chairman Donates 60 Lakh Equity Shares to Lakshmee Foundation for Healthcare Initiatives Dr. Abburi Vidyasagar, the Founder and Chairman and Managing Director of Avantel Limited, has donated equity shares of Avantel Limited to Lakshmee Foundation. This philanthropic move aims to significantly bolster the Foundation's efforts in various healthcare-related initiatives.The donation transaction occurred on May 4, 2026. Dr. Abburi Vidyasagar contributed a total of 60,00,000 (Sixty Lakh) equity shares of Avantel Limited to Lakshmee Foundation, a charitable trust focused on social welfare and healthcare.This contribution is intended to support and expand philanthropic activities designed to improve access to quality healthcare for...

Solex Energy Signs MoU with Government of Gujarat for ₹4,000 Crore Mega Solar Cell and BESS Project Surat, Gujarat, May 5, 2026: Solex Energy Limited, a rapidly expanding integrated solar energy solution provider, has entered into a landmark Memorandum of Understanding (MoU) with the Government of Gujarat. The agreement outlines plans to establish a large-scale, advanced renewable energy manufacturing ecosystem in the state, backed by a proposed investment of approximately ₹4,000 crore.The MoU was formally signed by Shri Vipul Shah, Director of Solex Energy Limited, and Shri Swaroop P, IAS, Industrial Commissioner, Government of Gujarat. The signing ceremony saw the presence of key dignitaries, including Shri Bhupendra Patel, Hon'ble...

Mahindra & Mahindra Approves Financial Year Results and Recommends Final Dividend of Rs. 33 Mahindra & Mahindra Limited announced the outcomes of its Board Meeting held on May 5, 2026. The Board approved the audited standalone and consolidated financial results for the fourth quarter and the full financial year ended March 31, 2026, and recommended a final dividend.The Board recommended a final dividend of Rs. 33 (660%) per Ordinary (Equity) Share for the financial year ended March 31, 2026. This compares to the Rs. 25.3 (506%) per Ordinary (Equity) Share declared for the previous financial year ended March 31, 2025.Financial Highlights for FY 2026 The consolidated financial results show substantial growth across major operational...

Unicommerce Partners with Waaree Energies to Digitalize E-commerce Operations Unicommerce eSolutions Limited, a leading e-commerce enablement SaaS platform, has partnered with Waaree Energies Limited, a major global clean energy transition company. The collaboration aims to automate and unify Waaree’s e-commerce operations, helping the solar energy giant align its physical manufacturing scale with a robust digital sales engine.The partnership will deploy Unicommerce’s multi-channel order management technology, bringing Waaree’s expanding range of clean energy products, including solar modules, inverters, and solar kits, closer to consumers nationwide via its warehouse network.Operational Capabilities for Waaree Through the...