Markets

Nandani Creation Reports Q1 Results: Consolidated and Standalone Net Profit for June 30, 2026 Nandani Creation Limited reported its un-audited financial results for the first quarter of Fiscal Year 2026-27 (Q1 FY 2026-27) in both consolidated and standalone formats. The company, which is engaged in the manufacturing and retailing of contemporary Indian women's wear, recorded a Net Profit/(Loss) of 67.57 Rs. in Lacs on a consolidated basis for the quarter ended June 30, 2026.The Board of Directors approved these financial results during a meeting held on Monday, August 10, 2026. The company maintains one subsidiary, Desi Fusion India Private Limited, leading to both standalone and consolidated reporting structures.Consolidated...

Manoj Vaibhav Gems N Jewellers Approves Reappointment of Auditors and Key Directors Manoj Vaibhav Gems N Jewellers Limited announced significant outcomes from its recent Board meeting, confirming the re-appointment of M/s Sagar & Associates as Statutory Auditors. The board also approved the extension of key executive roles, including Chairperson & Managing Director, Whole-time Director, and Executive Director, all for a five year term.The appointment of M/s Sagar & Associates, Chartered Accountants, Hyderabad, was confirmed for a period of five consecutive years, spanning from FY 2026-27 to FY 2030-31. M/s Sagar & Associates, a firm with over two decades of experience based in Hyderabad, specializes in statutory audits and tax laws...

Godrej Properties Completes Amalgamation of Embellish Houses Private Limited Godrej Properties Limited (GPL) has completed the Scheme of Amalgamation involving itself and Embellish Houses Private Limited (EHPL). The merger, which involved consolidating two real estate entities, became effective on August 10, 2026.The amalgamation involves the transfer of EHPL, a wholly owned subsidiary, into GPL. The primary rationale behind the Scheme is the consolidation of the real estate business. This integration is expected to result in operational efficiency and the streamlining of the group structure by reducing the number of legal entities and minimizing regulatory compliance complexities. Benefits derived from the merger include pooling...

Laser Power & Infra Limited Announces Q1 FY27 Financial Results; Consolidated and Standalone Performance Revealed Laser Power & Infra Limited has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company's management reviewed these figures, which were subject to a limited review by Statutory Auditors V. Singhi & Associates.The Board of Directors approved the financial outcomes, alongside the Limited Review Report issued by the auditors. These results provide insights into the group’s operations across various segments.Standalone Financial Results Overview (Q1 FY27) The unaudited standalone segment-wise revenue and result figures for Laser Power & Infra Limited reflected...

TVS Supply Chain Solutions Reports Q1 FY26 Results; Consolidate Revenue Hits 3,335.22 Crores TVS Supply Chain Solutions Limited (TVSSCS) announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Company reported a Total Income of 3,348.83 crores, resulting in a Profit for the period/year of 22.48 crores across its consolidated operations.The results were reviewed by S.R. Batliboi & Associates LLP. During the quarter, TVS SCS Global Freight Solutions Limited generated a portion of revenue through its business segments. The company's total gross revenue stood at 3,341.66 crores for the quarter ended June 30, 2026.In terms of segment contributions, Integrated Supply Chain Solutions...

Pitti Engineering Limited Announces Unaudited Financial Results for Q1 FY2026; Net Profit Reported at 2,950.19 Lakhs (Consolidated) Pitti Engineering Limited, formerly known as Pitti Laminations Limited, has announced its unaudited financial results and outcomes of its Board meeting for the quarter ended June 30, 2026. The company's standalone and consolidated results were approved by the Board of Directors on August 10, 2026, and have been reviewed by the Statutory Auditors.The reported figures reflect both a strong performance in revenue across the group and significant investments in operational costs during the quarter.Standalone Financial Performance (Quarter ended June 30, 2026) Pitti Engineering Limited recorded total income...

Bank of Baroda Reviews MCLR; Highlights Changes Across Lending Rate Tenors Bank of Baroda has reviewed its Marginal Cost of Funds Based Lending Rate (MCLR), which will be effective from August 12, 2026. The review pertains to the lending rate across various tenors, including overnight, one month, three months, six months, and one year.The institution provided details regarding both the existing MCLR rates and the revised rates following the review. Most of the rates remained consistent with their previous listings, with a notable adjustment made for the three-month tenure.Key details of the MCLR as of August 12, 2026, are presented below:MCLR TenorsExisting Rate (in %)Revised MCLR (in %) w.e.f. August 12, 2026...

Vodafone Idea Reports Strong Revenue Growth and EBITDA Improvement in Q1 FY27 Vodafone Idea Limited announced its unaudited consolidated and standalone financial results for the first quarter of fiscal year 2027, which ended on June 30, 2026. The company reported a significant increase in revenue and improved EBITDA margins, amidst operational advancements including expanded 5G coverage and increased subscriber base metrics.The quarterly report highlighted that service revenue stood at Rs 11,689 crore for the consolidated entity, marking a year-on-year (YoY) growth of 6.0%. EBITDA reached Rs 5,034 crore for the quarter, showing a corresponding YoY growth of 9.1%.Financial Performance Summary (Consolidated)The company's performance...

KEC Delivers Resilient Q1 Performance: Revenues Maintained as Company Strengthens Order Book and Reduces Net Debt KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, announced its financial results for the first quarter (Q1 FY27) ended June 30, 2026. The company reported revenues of Rs. 5,024 crore and a Profit After Tax (PAT) of Rs. 73 crore.Despite operating challenges in the sector, KEC maintained its revenue while significantly strengthening its order book and reducing net debt.Operational Highlights and Financial Metrics The company recorded a notable reduction in Net Debt, which declined by more than Rs. 150 crore to reach Rs. 6,568 crore as of June 30, 2026, compared to March 31, 2026...

Board Authorizes Key Managerial Personnel to Assess Materiality and Make Disclosures Laser Power & Infra Limited has authorized specific members of its management team to determine the materiality of company events and ensure timely disclosures are made, as determined by the Board of Directors.The authorization outlines the designated Key Managerial Personnel (KMPs) responsible for assessing the significance of corporate information and making appropriate public announcements. The decision ensures that critical events affecting the company are assessed for their material impact.As per the authorization, the following executives have been tasked with determining materiality and managing relevant disclosures:NameDesignationMr...

ICICI Prudential Asset Management acquires PMS business of ICICI Securities Limited ICICI Prudential Asset Management Company Limited has approved the acquisition of the Portfolio Management Services (PMS) business from ICICI Securities Limited through a slump sale, aiming to expand its current portfolio management offerings. The transaction involves the transfer of assets and liabilities pertaining to this business unit, which is managed by ICICI Securities.The PMS business being acquired caters primarily to High-net-worth individuals (HNIs), providing customized and professionally managed investment solutions. These services span diversified strategies across discretionary, non-discretionary, and advisory mandates, covering direct...

Tarsons Products Limited Announces Q1 Results and Finalizes Details for 43rd AGM Tarsons Products Limited has announced its unaudited financial results for the quarter ending June 30, 2026. The company also provided key details regarding its upcoming 43rd Annual General Meeting (AGM).The Board of Directors met on August 10, 2026, to review and approve the outcomes.Financial Performance Highlights The results were presented both in consolidated and standalone formats. Key financial metrics for the quarter ending June 30, 2026, are summarized below:MetricConsolidated ResultsStandalone ResultsRevenue from Operations110242861.47Total Income (1+2)10622192001Total Expenses22190918.79Total Comprehensive Income for the...

United Drilling Tools Limited Sets Record Date for First Interim Dividend United Drilling Tools Limited has fixed the record date for the entitlement of its first interim dividend for the financial year 2026-27.The record date has been set as Friday, August 21, 2026. This measure pertains to the distribution of the 1st Interim Dividend for FY 2026-27.Shareholders whose names appear in the register of Members and beneficial owners, based on details received from National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), as recorded on the specified record date, will be entitled to the dividend.While the payment mechanism has been established, United Drilling Tools Limited stated that the...

Ballarpur Industries Approves Quarterly Results, Appoints Cost Auditor for FY 2026-27 Ballarpur Industries Limited has approved its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also appointed M/s Bahadur Murao & Co., Cost Accountants as the Cost Auditors for the fiscal year 2026-27.The Board of Directors reviewed and approved both sets of financials following the meeting held on August 10, 2026.Key Financial Highlights Reviewing the un-audited standalone financial results for the quarter ended June 30, 2026, the company reported a Net Profit/(loss) after tax of (3,062.58) lakhs against Total Income of 8,480.65 lakhs. The entity reported an Earnings per equity share before...

Vardhman Polytex Announces Quarterly Results and Confirms Security Cover for Non-Convertible Debentures Vardhman Polytex Limited announced the standalone unaudited financial results for the quarter ended June 30, 2026, following a Board meeting held on August 10, 2026. The company also provided details regarding the utilization of proceeds from its Non-Convertible Debentures (NCDs) and affirmed the security cover status pertaining to these instruments.The board approved the financial results alongside a Limited Review Report for the quarter. Key operational and financial metrics reported include:MetricValueDebt Equity Ratio Total0.79Net Worth % in Lacs11,396.42Earnings Per Share (EPS)31,119.00Basic Diluted EPS6.443...

Powerica Limited Denies Alleged Dividend Declaration Amid Market Speculation<p>Powerica Limited has addressed unverified market rumours concerning the alleged declaration of a dividend by the company, clarifying that the speculation is baseless and factually incorrect.</p><p>The company issued the statement following its Board meeting, which was held on August 07, 2026. Powerica confirmed that at this stage, neither considered nor recommended nor declared any dividend amount.</p><p>The company reiterated its commitment to providing official information regarding any material corporate actions as they occur in the future, ensuring stakeholders are informed when relevant decisions are finalized.</p>POWERICA Stock Price Movement...

GVP Infotech Acquires 51% Stake in ESAAS Technologies to Bolster Payment SystemsGVP Infotech Limited has approved the acquisition of a 51% equity stake in ESAAS Technologies Private Limited. This strategic move is set to enable GVP Infotech to provide payment systems solutions to clients of ESAAS, given that the latter operates within the same line of business as the acquired entity.The acquisition targets the FinTech sector, specifically focusing on Banking and Payments Infrastructure. The transaction has been structured as a cash consideration deal. An aggregate consideration amounting to ₹20,00,000 was determined for the proposed acquisition. Following this purchase, ESAAS Technologies Private Limited will become a subsidiary of...

Glottis Limited Announces Q1 2026 Financial Results; Revenue Reaches 2,345,096 Lakhs Glottis Limited has announced its unaudited financial results for the quarter ended June 30, 2026, covering both standalone and consolidated figures. The results were reviewed and approved by the Board of Directors during a meeting held on August 10, 2026. The company also provided details regarding the utilization status of funds raised through its Initial Public Offering (IPO).The financial reports reflect strong performance across operational income and profitability for the quarter.Financial Performance Highlights For the standalone entity, Glottis Limited reported total income of 2,366,322 Lakhs, primarily driven by revenue from operations...

DC Infotech Partners with Vertiv to Strengthen AI and Data Centre Infrastructure Portfolio DC Infotech and Communication Limited (DC Infotech), a provider of IT, networking, and digital infrastructure solutions, has announced a strategic partnership with Vertiv, a global specialist in critical digital infrastructure and continuity solutions. This collaboration is designed to strengthen DC Infotech's enterprise infrastructure portfolio and address the rapidly growing demand for AI-ready, scalable, and energy-efficient digital infrastructure within India.The partnership will enable DC Infotech to significantly expand its offerings across critical data centre infrastructure. These areas include power systems, cooling technologies...

Triveni Turbine Posts 19.2% Revenue Growth in Q1 FY27; Margins Suffer Due to Unfavorable Mix Triveni Turbine Limited (TTL) announced its consolidated results for the first quarter of Fiscal Year 2027, ended June 30, 2026. While the company achieved a significant increase in revenue, profitability saw a decline, with margins being impacted by an unfavorable business mix and price escalation across strategic orders.The global steam turbine OEM delivered consolidated revenue from operations amounting to ₹ 4,427 million. This represented a strong year-on-year growth of 19.2%, compared to ₹ 3,713 million in Q1 FY26. However, the EBITDA stood at ₹ 797 million, marking a reduction of 16.8% YoY from the previous quarter's figure...