Markets

Innovative Tyres & Tubes Limited Receives Qualified Opinion from Auditors Over Financial Results Innovative Tyres & Tubes Limited has received a Qualified Opinion from its independent auditors regarding its financial results for the year ended March 31, 2026. The audit highlights several significant areas of non-compliance and material discrepancies that necessitate attention from the company's management.The auditors confirmed that, with the exception of the issues detailed in the Basis for Qualified Opinion section, the Statement gives a true and fair view of the net loss and other financial information for the year. However, the qualified opinion was issued due to outstanding issues related to receivables, delayed payments to small...

Lexus Granito Announces Board Approvals and Financial Results for Year Ended March 31, 2026 Lexus Granito (India) Limited announced the outcome of its Board Meeting held on May 30, 2026. During the meeting, the company approved the audited financial results for the quarter and the year ended March 31, 2026. The Board also appointed M/s. Savjani & Associates, a Chartered Accountancy firm in Ahmedabad, as the Internal Auditor for the Financial Year 2026-27.The company also reported the statement of deviations and variations regarding the proceeds of the Preferential Issue of Convertible Warrants for the quarter and year ended March 31, 2026.Financial Highlights for the Year Ended March 31, 2026 The company reported robust revenue...

Kothari Industrial Corporation Ltd Board Approves Diversification into Found and Non-ferrous Metals Kothari Industrial Corporation Ltd has approved a significant expansion of its business activities into the found and non-ferrous metals sector. This strategic move marks a major diversification for the corporation.The company's Board of Directors sanctioned the expansion into the found and non-ferrous metals business. The scope of the new operations will encompass trading, manufacturing, bottling, export, distribution, and various other allied activities.The Board determined that this diversification aims to leverage various benefits.Key details regarding the new venture include:DetailDescriptionNew Line of BusinessFound and...

Amba Auto Sales and Services Reports Standalone Financial Results for March 31, 2026 Amba Auto Sales and Services Limited, formerly known as Amba Auto Sales and Services Private Limited, released its standalone financial results for the half year and year ended March 31, 2026. The company reported total assets of 10,500.33 Rs. Lakhs and achieved a profit for the period of 1.403.22 Rs. Lakhs.Financial Position Highlights The Balance Sheet data for Amba Auto Sales and Services Limited shows a significant growth in the company's overall financial standing compared to the previous year.Balance Sheet Summary (Amounts in Rs. Lakhs)ParticularsAs at March 31, 2026As at March 31, 2025Total Equity & Liabilities10,500.339,111.74Total...

Arunaya Organics Announces Financial Results for Half and Year Ended March 31, 2026; Board Approves Committee Changes Arunaya Organics Limited announced its audited financial results for the half and year ended March 31, 2026, following a meeting of its Board of Directors held on May 30, 2026. The Board approved the results and also addressed key governance matters, including the reconstitution of its Stakeholder Relationship Committee and the appointment of a Secretarial Auditor.During the audit of the financial results, the appointed auditors, Abhishek Kumar & Associates, issued a report noting that certain payments for import transactions and receivables from export transactions have remained unpaid for a period exceeding six...

Tenneco Clean Air India Limited Reports Financial Metrics for FY 2026 Tenneco Clean Air India Limited, formerly Tenneco Clean Air India Private Limited, has released key performance indicators (KPIs) detailing its financial and operational standing for the financial year ended March 31, 2026.The company’s financial metrics show growth across several key areas. Revenue from operations stood at ₹ 54,039.76 million, representing a Revenue Growth of 10.50%. Furthermore, the Value added Revenue (VAR) reached ₹ 49,180.36 million, recording a VAR Growth of 12.28%.EBITDA for the period was reported at ₹ 9,254.67 million, reflecting a robust EBITDA Growth of 13.52%. Profit after tax (PAT) was ₹ 6,043.59 million, marking a PAT Growth of...

R M Drip and Sprinklers Systems Announces FY 2026 Results; Recommends 3% Dividend R M Drip and Sprinklers Systems Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The results were approved at the Board of Directors meeting held on May 30, 2026.During the board meeting, the company also recommended a dividend of 3% for the Financial Year 2025-26, pending approval from shareholders at the ensuing Annual General Meeting (AGM). Furthermore, the Board re-appointed M/s SHARPS & CO., Chartered Accountants, as the Internal Auditor for the financial year 2025-26.The company also received an unmodified opinion from the Statutory Auditors, M/s Bilimoria Mehta &...

Cambridge Technology Enterprises Addresses NSE Fine Over Delayed Shareholding Pattern Submission Cambridge Technology Enterprises Limited confirmed that its Board of Directors has taken note of a fine levied by the National Stock Exchange of India Limited (NSE). The financial penalty resulted from the company's delayed submission of its Shareholding Pattern for the quarter ending December 31, 2025.The Board meeting, held on May 30, 2026, addressed a notice received from the National Stock Exchange of India Limited (NSE) bearing reference number NSE/LIST-SOP/FINES/0155, dated February 13, 2026. The notice indicated non-compliance related to the timely filing of the specified shareholding data.Fine Details and Non-Compliance The...

UFlex Records Growth in Q4 FY26, Achieves Rs. 3,171 Million Net Profit for FY26 Uflex Limited reported consolidated net revenue of Rs. 40,973 million for the fourth quarter of fiscal 2026 and Rs. 155,130 million for the full fiscal year 2026. The company noted strong sales performance, attributing the results to robust operational execution and expanded margins, despite a challenging global operating environment.EBITDA reached Rs. 6,265 million in Q4 FY26 and totaled Rs. 19,836 million for the entire fiscal year, significantly up from previous periods. Normalized net profit also showed a substantial increase, hitting Rs. 2,026 million in Q4 FY26 and Rs. 3,362 million for FY26.Financial Performance Summary The company’s results for...

Kore Digital Limited Announces Audited Financial Results for FY 2025-2026 Kore Digital Limited confirmed the board-approved financial results for the half year and year ended March 31, 2026, on May 30, 2026. The company’s Board of Directors reviewed and approved the audited standalone and consolidated financial statements, along with the corresponding Auditor’s Report.The company also confirmed that all proceeds raised from its Initial Public Offer have been fully utilized, meaning it is not required to submit a Statement of Deviation or Variation.Audit and Compliance Status The Statutory Auditors, M/s. J N GUPTA & Co., issued an Audit Report on the Audited Financial Results of the company for the year ended March 31, 2026...

Indo Count Industries Greenlights Expansion and Modernization Plans for Kolhapur Facilities Indo Count Industries Limited announced that its Board of Directors, in a meeting held on May 30, 2026, approved major capital expenditure plans aimed at expanding capacity and enhancing operational efficiency at its Kolhapur facilities. The strategy includes a brownfield expansion project and a significant modernization initiative for an existing spinning mill.The primary focus of the expansion is the spinning facility located in Alte, Kolhapur, Maharashtra. The board has approved increasing the facility's current installed capacity from 70,000 spindles to 94,000 spindles.This expansion project carries an estimated capital expenditure of...

CMM Infraprojects Ltd. Announces FY and Half-Year Financial Results for March 2026; Audit Issues Qualified Opinion CMM Infraprojects Limited has reported its audited financial results for the half-year and the full financial year ended March 31, 2026. The company's Board of Directors approved and recorded the financial results alongside the report of the Statutory Auditors.The company has been undergoing the Corporate Insolvency Resolution Process (CIRP). The results for the year ended March 31, 2026, reflect various write-offs of assets and liabilities completed as part of the CIRP. The net gain resulting from these write-offs, which represents the excess of extinguished liabilities over written off assets, aggregated to Rs. 2,125.82...

Bharat Gears Limited Board Approves Dividend and Key Appointments Bharat Gears Limited announced several corporate actions following its Board of Directors meeting held on May 30, 2026. The Board recommended a final dividend for the financial year 2025-26 and approved significant appointments for the coming fiscal year, including a new Executive Director and changes in auditing firms.Dividend Recommendation and Leadership Updates The Board of Directors recommended a final dividend of Rs. 1.00 per equity share for the Financial Year 2025-26. This payment is subject to the approval of the company's shareholders and is scheduled to be disbursed on or before September 30, 2026.In terms of key personnel changes, the Board decided not to...

Coastal Corporation Approves Final Dividend and Greenlights INR 350 Crore Ethanol Plant Project Coastal Corporation Limited announced key outcomes from its Board of Directors meeting held on May 30, 2026. The Board approved the audited Standalone and Consolidated Financial Results for the fourth quarter and the financial year ended March 31, 2026. Furthermore, the company approved a significant proposal to set up a 300 KLPD Ethanol Manufacturing Plant in its subsidiary, Coastal Biotech Private Limited, with an estimated project cost of INR 350 Crores.In a measure for its shareholders, the Board recommended a Final Dividend of Rs. 0.28/- (14%) per equity share of Rs. 2/- each for the financial year 2025-2026.Key Governance and...

PTC Industries Approves Annual and Quarterly Financial Results for 2026 PTC Industries Limited announced the approval of its Audited Financial Results (both standalone and consolidated) for the quarter and the year ended March 31, 2026. The Board of Directors held its meeting on May 30, 2026, where the results were reviewed and approved.The Company also released the Standalone and Consolidated Financial Statements for the respective periods, which are presented below for review.Consolidated Financial Results The Consolidated Financial Results for the year ended March 31, 2026, indicate a strong performance across the Group’s major financial indicators.The consolidated statements detail the following key figures (figures in lakhs...

M.V.K. Agro Food Product Limited Announces Plan to Raise Funds Via Rights Issue of Equity Shares M.V.K. Agro Food Product Limited has announced a decision by its Board of Directors to raise funds through a rights issue of its equity shares. The board meeting, held on May 30, 2026, approved the plan to issue equity shares of the company to eligible shareholders.The company intends to raise an aggregate amount not exceeding Rs. 50,00,00,000/- (Rupees Fifty Crore) by issuing equity shares, each having a face value of Rs. 10 (Rupees Ten). The fund-raising mechanism is structured as a rights issue, targeted at the eligible equity shareholders of M.V.K. Agro Food Product Limited as of the record date, which will be notified later.The...

Easy Trip Planners Releases Audited Financial Results for the Year Ended March 31, 2026 Easy Trip Planners Limited announced the release of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Company confirmed that its statutory auditors issued the audit reports on the financial results for the year ended March 31, 2026, with an unmodified opinion.The financial results provide a detailed look at the Group's performance across its various segments, including Air Passage, Hotel Packages, and Other Services.Financial Performance Overview The audited financial results for the year ended March 31, 2026, show the following income figures for the company and its consolidated group...

Suraj Estate Developers Reports Strong FY26 Performance, Boosted by Launch Momentum Suraj Estate Developers Limited, a prominent real estate developer focused on the South Central Mumbai (SCM) market, announced its audited financial results for the quarter and year ended March 31, 2026. The company highlighted a year of strong execution, driven by healthy sales momentum and successful project launches across commercial and residential segments.The company’s operational highlights demonstrated significant growth across key metrics compared to the previous fiscal year (FY25).ParticularsFY26FY25Y-o-YSales Value (Rs cr)61550123%Sales Area (sq ft)1,31,16792,13642%Collections (Rs cr)4213869%Financially, the company reported...

Spacenet Enterprises India Declares Interim Dividend of Rs. 0.01 Per Share for FY 2025-26 Spacenet Enterprises India Limited announced the declaration of an Interim Dividend for the Financial Year (FY) 2025-26. The company's Board of Directors, during a meeting held on May 29, 2026, declared an interim dividend of 1%, amounting to Rs. 0.01 per Equity Share, each having a face value of Rs. 1/-.The Board also set Friday, June 05, 2026, as the Record Date to determine the eligibility of equity shareholders for receiving the interim dividend for FY 2025-26.The payment of the dividend will be facilitated through the electronic mode of payment facility. The company also noted that shareholders are advised to ensure their Know Your...

Prudential Sugar Corporation Approves Audited Financial Results for Q4 and FY2026 Prudential Sugar Corporation Limited (PSCL) announced the approval of its audited financial results for the fourth quarter and the year ended March 31, 2026. The Board of Directors meeting was held on May 30, 2026, where the Board considered and approved the audited standalone and consolidated financial statements, along with the corresponding auditor’s report.Financial Performance Highlights The Company released comprehensive financial data covering its standalone and consolidated results.Consolidated Statement of Results The consolidated financial statements for the year ended March 31, 2026, show key operational figures.ParticularsQ4 Ended March...