Markets

Prince Pipes Reports Q1 FY27 Results: Revenue Grows 5% YoY as EBITDA Jumps 93% Despite Operating Headwinds Prince Pipes and Fittings Limited, one of India’s largest integrated piping solutions providers, announced its unaudited financial results for the quarter ended June 30, 2026. While the company reported a 5% year-over-year growth in revenue, it saw substantial improvements in profitability, with EBITDA growing by 93%.The company operates through nine strategically located manufacturing units across the country and focuses on delivering integrated piping solutions using CPVC, UPVC, HDPE, and PPR polymers.Financial Performance Snapshot For Q1 FY27, Prince Pipes reported a Finished Goods Volume of 40,729 MT. The financial...

Bank of India Announces Changes in Senior Management Assignments Bank of India has detailed changes regarding the assignment of two members of its senior management team. The appointments reflect shifts in responsibilities across various functional areas within the bank.The changes involve Shri B. Kumar and Shri Vikash Krishna, who have new proposed assignments following their previous roles.Details of the designation changes are as follows:NamePresent AssignmentProposed AssignmentShri B. KumarChief Finance OfficerCGM - Chief Finance Officer, Finance, Resource Mobilisation, Customer Excellence Branch Banking (CEBB), Publicity, Wealth Management, Marketing, TPP, Govt. BusinessShri Vikash KrishnaCGM (Chief General Manager) -...

Uno Minda Limited Approves Scheme of Amalgamation with Minda Onkyo India Pvt. Ltd.Uno Minda Limited has approved a scheme of amalgamation involving its subsidiary, Minda Onkyo India Pvt. Ltd., marking a significant move towards consolidating operations and enhancing scale within the automotive components sector. The Board of Directors reviewed and sanctioned the Scheme, which involves merging Minda Onkyo India Pvt. Ltd. (MOIPL), the transferor company, into Uno Minda Limited (UML), the transferee company.The decision follows a comprehensive review by the Audit Committee and Independent Directors of the Company. The amalgamation is intended to be in the best interest of all stakeholders, including shareholders and creditors. Key...

Mangalam Global Enterprise Limited Reports Strong Q1 FY27 Growth Driven by Agro-processing and Wellness Expansion Mangalam Global Enterprise Limited (MGEL), an integrated agro-processing company, announced its financial results for the quarter ended June 30, 2026, showcasing robust performance across its core businesses. The company's operations are supported by a diversified product portfolio and expansion into the consumer wellness sector with its new brand, Neat Everyday.The consolidated financial highlights reflect significant growth in Q1 FY27 compared to the previous fiscal year.Key Financial Highlights (Consolidated):MetricQ1 FY27 ResultChange YoY (%)Q1 FY26 ResultRevenue from Operations₹952.07 crore10.89%₹ 858.54 crore...

RHI Magnesita and Khemka Refractories launch MINPRO to drive refractory recycling in India Gurugram, Haryana, August 4, 2026: RHI Magnesita, a global leader in refractory products and solutions, has announced the successful completion of its joint venture with Khemka Refractories Pvt. Ltd. The new entity, operating under the brand MINPRO, marks the official launch of a dedicated business focused on advancing circular mineral solutions through the recycling of refractories within India's industrial markets.MINPRO combines RHI Magnesita's global leadership in refractory recycling with Khemka Refractories' regional expertise and established customer and supplier networks. The venture is set to establish itself as a state-of-the-art...

Worth Peripherals Limited Reports Q1 Results, Details Loan-to-Equity Conversion in Subsidiary Acquisition Worth Peripherals Limited has announced significant corporate milestones, including the commencement of commercial production by its wholly-owned subsidiary, Worth Wellness Private Limited (WWPL). The company also finalized a transaction where it acquired equity shares in WWPL through the conversion of an outstanding unsecured loan.The Board of Directors reviewed and approved the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, along with the Limited Review Report. Separately, the company announced the execution of a corporate loan agreement with WWPL.Operational Milestones Worth...

Aqylon Nexus Appoints New CFO and Director as Board Meeting Decisions Are Announced Aqylon Nexus Limited, formerly known as Sri Adhikari Brothers Television Network Limited, announced several key appointments and changes regarding its audit and secretarial functions following a Board meeting held on August 4, 2026. The Board ratified the appointment of two senior executives, appointed a new Internal Auditor, accepted the resignation of the existing Secretarial Auditor, and approved the engagement of a replacement practicing secretary for the next financial year.The company moved to appoint Mr. Vishnu Deepakbhai Rupareliya as an Additional Executive (Non-Independent Director) effective August 4, 2026. This appointment is subject to the...

DEE Development Engineers Reports Strong Q1 FY27 Performance; Revenue Rises 31.6% on Execution Momentum DEE Development Engineers Limited, a provider of customized process piping solutions, announced its results for the quarter ending June 30, 2026. The company reported strong performance across key parameters in Q1 FY27, driven by healthy execution in core segments and operational improvements.Q1 FY27 revenue stood at ₹ 294 Crore, reflecting a 31.6% year-on-year (YoY) growth. Operating EBITDA reached ₹ 50 Crore, marking a rise of 38.7% YoY. Profit After Tax (PAT) grew to ₹ 16 Crore, demonstrating a 22.4% YoY increase.The company’s closing order book as of June 30, 2026, stands at ₹ 2,428 crore, representing a growth of 92.5% on a...

#Pidilite Delivers Strong Q1 FY27 Results with 30.3% Rise in Consolidated Profit After TaxMumbai, August 04, 2026: Pidilite Industries Limited, a leading manufacturer of adhesives and sealants, today announced its financial results for the quarter ended June 30, 2026, highlighting significant growth across both standalone and consolidated figures. The company reported a strong performance driven by robust domestic demand and effective cost management despite inflationary pressures.The results showed a healthy upward trend in profitability, with the company recording a considerable increase in its Profit After Tax (PAT).Consolidated Financial Highlights Pidilite Industries Limited saw Net Sales reach ₹4,541 crore in Q1 FY27...

Bharat Bijlee Announces Key Leadership Changes; Rajaraman Retires as Company Posts Quarterly Results Bharat Bijlee Limited has announced significant updates regarding its leadership structure and released its unaudited financial results for the quarter ending June 30, 2026. The company confirmed the retirement of a senior manager and detailed the appointment and re-designation of two key personnel into its senior management team.The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, which were reviewed by Statutory Auditors.Leadership Transition and Key Appointments Bharat Bijlee Limited confirmed that Mr. R. Rajaraman is retiring from his role as Vice President of Magnet Technology...

Ajmera Realty & Infra India Limited Approves Quarterly Results; Key Directors Re-appointed and New Appointments Made Ajmera Realty & Infra India Limited announced outcomes from its Board meeting held on August 04, 2026. The board approved the Unaudited Standalone and Consolidated Financial Results for the Quarter ended June 30, 2026. Furthermore, the company confirmed re-appointments of two key directors and made new appointments for senior management personnel.The Board meeting considered several matters related to the company's operational status and leadership structure. Management personnel were appointed or reappointed in critical roles as part of strategic planning.Director and Senior Management Appointments The Board approved...

KSH International Commences Production at New Upcast Facility for Captive Consumption KSH International Limited has commenced production of copper rods at its new in-house Upcast Facility, marking a significant move toward strengthening its supply chain through backward integration. The facility is located at Village Biradwadi, Chakan, Tal. Khed, Dist. Pune.Effective August 04, 2026, the company began manufacturing copper rods for captive consumption and warehousing at Unit No. 5 of the new Upcast Facility. This initiative aligns with prior disclosures regarding the establishment of in-house upcast copper rod manufacturing capabilities.The expansion aims to enhance cost efficiency and bolster the supply chain while also contributing...

Alembic Pharmaceuticals reports Q1 FY27 results with 26% rise in revenue and strong segment performance Alembic Pharmaceuticals Limited has reported its consolidated financial outcomes for the first quarter of the fiscal year 2027, ending June 30, 2026. The company posted a 26% year-on-year increase in revenue from operations, while Profit After Tax stood at Rs. 173 Cr, marking a 12% growth. EBITDA pre R&D reached Rs. 523 Cr, corresponding to a 24% margin.Commenting on the results, Mr. Pranav Amin, Managing Director of Alembic Pharmaceuticals Limited, stated that the company began FY27 strongly, driven by broad-based growth across its businesses. He attributed the performance to healthy volume growth, successful new product launches...

Delhivery Subsidiary Receives Reserve Bank of India Certificate of Registration Delhivery Limited has confirmed that its wholly owned subsidiary, Delhivery Financial Services Private Limited (DFSPL), secured the necessary regulatory certification from the Reserve Bank of India (RBI). The issuance of the Certificate of Registration enables DFSPL to operate under specific financial guidelines.The RBI issued the Certificate of Registration to DFSPL on August 03, 2026. This registration designation identifies the subsidiary within the defined financial categories.Key details regarding the regulatory status of Delhivery Financial Services Private Limited are as follows:DetailSpecificationEntityDelhivery Financial Services Private...

Alkyl Amines Chemicals Limited Approves Q3 Results and Announces Key Director Re-designations Alkyl Amines Chemicals Limited announced key changes in its leadership structure and shared the unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the performance figures alongside several significant re-designations of senior executives.The company’s board meeting on August 4, 2026, reviewed and approved the unaudited financial results, which were accompanied by an Auditor's Limited Review Report. Management also detailed changes to the roles of several directors following the recommendation of internal committees.Quarterly Financial Performance For the quarter ended June 30, 2026, Alkyl Amines...

Suntech Infra Solutions Secures INR 20.50 Crore Piling Work Order from Domestic Client Suntech Infra Solutions Limited has secured a work order valued at INR 20.50 Crores for executing piling work from a domestic client. The contract, which was received on August 3, 2026, confirms the company's activity in civil and structural infrastructure projects.The project involves the execution of Piling Work and is valued at INR 20.50 Cr. The order comes from a domestic entity and has been allocated a completion period of three months. Key terms stipulate that all statutory compliances, safety norms, and quality standards must be adhered to by Suntech during the execution phase.The transaction details highlight that there is no interest or...

Novus Loyalty Secures 3-Year Master Services Agreement with Hero Housing Finance Limited Novus Loyalty Limited has signed a comprehensive Master Services Agreement with Hero Housing Finance Limited, marking a significant partnership focused on developing and implementing a complete loyalty ecosystem for the housing finance company. The agreement was finalized on August 4, 2026.Under the terms of the contract, Novus will serve as the Loyalty Technology and Program Design Partner for Hero Housing Finance Limited (HHFL). This role encompasses designing, configuring, implementing, integrating, and enabling a robust connector loyalty and rewards ecosystem. The scope includes the development of strategies and program design, loyalty...

Pidilite Industries Reports Solid Performance in Q2 FY26, Driven by Consumer and Business Segments Pidilite Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company recorded a strong performance across both standalone and consolidated operations.The Consolidated Statement of Financial Results showed robust revenue generation, while the Standalone results highlighted effective profitability within the core business areas.Consolidated Q2 FY26 Highlights For the quarter ended June 30, 2026, Pidilite Industries recorded a Total Income of 4643.55 Rs in Crores. The consolidated operating profit stood at 1191.99 Rs in Crores before tax. Attributable to the shareholders of the Company...

Geekay Wires Limited Reports Q1 FY26 Results: Revenue Reaches 10,089.57 Lakhs Geekay Wires Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company's performance across key metrics shows a total income of 10,089.57 Lakhs, with a profit for the quarter standing at 576.79 Lakhs.The Board of Directors reviewed and approved the results, which include the limited review report for the first quarter of the financial year 2026.Standalone Financial Highlights Geekay Wires Limited recorded total income from operations of 9,493.13 Lakhs in the first quarter ended June 30, 2026 (unaudited). The company's total income also included Other Income of 595.84 Lakhs, bringing the consolidated Total Income...

Emami Reports 15% Growth in Revenue as Domestic Business Delivers Strong Performance Emami Limited announced its unaudited financial results for the first quarter of FY27, noting a resilient 15% growth in consolidated revenue from operations despite challenging operating conditions characterized by geopolitical unrest and elevated input costs. The company reported an EBITDA of ₹226 crore and Profit Before Tax (PBT) of ₹194.7 crore.The results reflected the strength of Emami’s diversified portfolio and strategic execution, although the International Business faced headwinds due to disruptions stemming from the West Asia conflict.On a consolidated basis, Revenue from Operations grew by 15% to ₹1,039.2 crore in Q1FY27, compared to...