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EFC reports 29% Year-on-Year Revenue Growth in Q1 FY27; PAT Jumps 52% Driven by Enterprise Demand EFC (I) Limited, a Real Estate as a Service Company, reported robust financial performance for the quarter ending June 30, 2026. The company posted a 29% year-on-year growth in revenue and saw a significant leap in Profit After Tax (PAT), reaching 708.51 Million (Mn).The strong momentum was attributed to disciplined execution, sustained enterprise demand, and the effective implementation of its integrated operating model across leasing, Design & Build (D&B), and furniture solutions. The company operated across 25 cities and served over 780 clients during the quarter.Umesh Kumar Sahay, Chairman & MD of EFC (I) Limited, noted that our...

Quess Corp Reports Q2026 Results: Consolidated and Standalone Profits Rise Amid Litigation and Labour Code Accounting Adjustments Bengaluru — Quess Corp Limited announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company reported strong performance across both levels of reporting, while management addressed pending tax disputes and accounted for the implementation of New Labour Codes in its operations.The Board of Directors approved the results following the board meeting held on July 29, 2026. Both sets of results have been reviewed by statutory auditors, which provided a qualified conclusion based on the interim nature of the financial information.Financial Highlights (Q...

Power Grid Acquires Bhadla Ramgarh Power Transmission Ltd in Competitive Bidding Power Grid Corporation of India Limited has acquired Bhadla Ramgarh Power Transmission Limited following its selection as the successful bidder in a Tariff Based Competitive Bidding process on July 29, 2026. The acquisition concerns the Project SPV intended to establish an Inter-State Transmission system for Augmentation at Bhadla-III, Ramgarh PS, and Kanpur (UP), utilizing a build, own, operate, and transfer (BOOT) model facilitated by the Bid Process Coordinator, RECPDCL.The project involves carrying out augmentation and bay extension works across Bhadla-III S/S in Rajasthan, Ramgarh S/S in Rajasthan, and Kanpur S/S in Uttar Pradesh.Bhadla Ramgarh...

Niraj Cement Structurals IDC Deems Open Offer Fair As Acquirer Offers Rs 29 Per Share The Committee of Independent Directors (IDC) of Niraj Cement Structurals Limited has recommended that the open offer for their shares is fair and reasonable. The recommendation relates to the acquisition by Gulshankumar Vijaykumar Chopra, wherein the company's equity was offered at a price of Rs 29.00 per share.The IDC released its opinion on July 28, 2026, stating that while the offer is deemed fair and reasonable, shareholders are advised to independently evaluate the Offer and make an informed decision regarding the matter. The open offer involves the acquisition of up to 15,520,529 equity shares of Niraj Cement Structurals Limited (Target...

ADF Foods Limited Reports Q1 FY2026 Unaudited Results: Total Income Reaches 16,838.46 Lakhs ADF Foods Limited has released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following the approval of the results by its Board of Directors. The company reported strong performance across its business segments during the quarter.The consolidated figures show Total Income standing at 16,838.46 Lakhs. Cost of material consumed for the period was recorded at 4,232.79 Lakhs, while purchases of stock-in-trade amounted to 1,528.38 Lakhs.Key Financial Outcomes (Consolidated) The company reported a Profit Before Tax (PBT) of 2,348.71 Lakhs for the quarter ended June 30, 2026. After accounting for...

REC Subsidiary Sales: Power Grid and Terralight Secure Two Key Transmission BusinessesRECPDCL, a wholly owned subsidiary of REC Limited, has completed the transfer of shares for two project specific subsidiaries following a tariff based competitive bidding process. The transaction saw the sale of entire shareholdings—comprising 50,000 equity shares of each entity—along with all associated assets and liabilities on July 29, 2026.The sales involved Bhadla Ramgarh Power Transmission Limited and Shongtong Power Transmission Limited. The successful buyers for these businesses were identified during the competitive process.Power Grid Corporation of India Limited acquired Bhadla Ramgarh Power Transmission Limited (BRPTL). For this...

Acme Solar Reports Strong Q1 FY27 Results: Total Revenue Reaches INR 954 Cr, EBITDA Jumps 56% YoY Acme Solar Holdings Limited announced its strong performance for the first quarter of FY27, reporting a significant increase in revenue, profitability, and key operational milestones. The company recorded total revenue of INR 954 Cr, an improvement of 63% year-on-year (YoY). EBITDA rose by 56% YoY to INR 831 Cr, while Profit After Tax (PAT) increased by 80% compared to the previous year's quarter.The Q1 FY27 results highlighted several record and operational achievements for Acme Solar, including achieving its highest ever revenue and EBITDA for the quarter. The company also reached a quarterly Capacity Utilization Factor (CUF) of 30.9%...

Zensar Technologies Board Approves Merger of US Subsidiaries into Zensar Technologies Inc., USA Zensar Technologies Limited's Board of Directors has granted in-principle approval for a significant merger involving two US-based step-down subsidiaries and its wholly owned subsidiary, Zensar Technologies Inc., USA.The decision was taken by the company’s Board of Directors at a meeting held on July 29, 2026. The merger involves Bridgeview Life Sciences LLC and M3BI LLC, which will be merged into Zensar Technologies Inc., USA, either directly or indirectly through the creation of a new entity.Following the completion of the merger, the Merging Entities are set to cease existing as step-down subsidiaries of Zensar Technologies Limited...

Care Ratings Assigns 'CARE A; Stable' for Long-Term Bank Facilities of JSW Subsidiary O2 Renewable Energy Care Ratings Limited has assigned a credit rating of 'CARE A; Stable' for the long-term bank facilities of O2 Renewable Energy XXIV Private Limited, a step-down subsidiary of JSW Energy Limited. The rating was issued by Care Ratings on July 29, 2026.The assignment of the credit rating relates specifically to the long-term bank facilities extended to O2 Renewable Energy XXIV Private Limited.The development provides an update on the financial standing of the subsidiary within the company's operational structure, as reported by Care Ratings.JSWENERGY Stock Price Movement Today, shares of JSW Energy Limited edged higher to close...

ADF Foods Limited Approves Incorporation of Wholly Owned Subsidiary in Ireland for European Growth ADF Foods Limited has approved the incorporation of a wholly owned step down subsidiary in Ireland, designed to support and facilitate the Company’s planned growth initiatives within Europe. The Board of Directors reviewed and sanctioned the decision during a meeting held on Wednesday, July 29, 2026.The strategic move aims to bolster ADF Foods Limited's presence in the European market while facilitating ease of doing business in the region. This new entity will operate within the Processed Food Industry.ADF Foods Limited is establishing this subsidiary through a structured relationship where ADF Foods UK Limited, which is a wholly...

India Ratings Assigns 'IND A/Stable' Rating for JSW Renew Energy Twelve Limited Bank Loan Facilities India Ratings and Research (Ind-Ra) has assigned a credit rating to the bank loan facilities of JSW Renew Energy Twelve Limited, a step-down subsidiary of JSW Energy Limited. The rating assignment was made on July 29, 2026.The agency awarded the 'IND A/Stable' rating for the bank loan facilities supporting JSW Renew Energy Twelve Limited. This credit assessment provides details regarding the financial standing associated with these loans for the company.JSWENERGY Stock Price Movement Shares of JSW Energy Limited gained in trading today, closing at ₹545.70 after edging up by 0.28%. The company's stock saw a total traded volume...

Piramal Pharma Reports Quarterly Results: Standalone Profitability Contrasts Against Consolidated Performance Piramal Pharma Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results during a meeting held on July 29, 2026.The company operates in a single segment. The Q1 results demonstrate distinct performance metrics when viewed at both the standalone and consolidated levels.Key Financial Highlights (Q ended June 30, 2026)MetricStandalone (Rs. in Crores)Consolidated (Rs. in Crores)Revenue from operations1,124.952,269.92Total Income1,239.582,359.33Profit before tax149.48(7.46)Net Profit after tax113.48(69.39)EPS (Basic)0.85(0.52)...

Alkem Laboratories Reports on Sustainability Initiatives in FY 2025-26; Highlights Water Neutrality Target and GHG Reduction Efforts Alkem Laboratories Limited has detailed its operations and sustainability efforts for the financial year ended March 31, 2026. The company's report highlights significant steps toward environmental stewardship, workforce welfare, and responsible governance across its global operations.Operational Overview and Governance The company remains dedicated to developing and manufacturing pharmaceutical products, which accounts for 82.4% of the entity’s turnover, while wholesale trading constitutes the remaining 17.6%. Alkem operates 12 plants and 9 offices nationally. The enterprise is overseen by a CSR and...

NCLT Directs Meetings for ACC and Ambuja Cements Amalgamation The National Company Law Tribunal (NCLT) has directed the convening of meetings for the equity shareholders of ACC Limited and Ambuja Cements Limited regarding their proposed Scheme of Amalgamation. The meetings are scheduled to be held via Video Conferencing (VC) or Other Audio Visual Means (OAVM) on September 29, 2026.The Tribunal issued directions after reviewing the company application concerning the integration of ACC Ltd. (Amalgamating Company) with Ambuja Cements Limited (Amalgamated Company). The purpose of these meetings is to consider and approve the proposed Scheme, with or without modifications.Key Dates and Meeting DetailsEntityMeeting DateTimeMethod...

Quess Corp Reports Strong Q1 FY27 Results; PAT Jumps 61% as Revenue Reaches ₹4,182 Crore Bengaluru, India, July 29, 2026: Quess Corp, a global leader in staffing and workforce solutions, announced robust financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company reported significant growth across key metrics, highlighting its market resilience and strategic pivot toward skill-based initiatives.The quarterly highlights show that Quess achieved revenue of ₹4,182 crore, marking a 15% year-over-year (YoY) increase. EBITDA rose by 21% YoY to ₹85 crore. Notably, Profit After Tax (PAT) soared by 61% compared to the previous year, reaching ₹82 crore, while Earnings Per Share (EPS) grew by 61% to ₹5.5 per share.In...

Piramal Pharma Reports Q1 FY27 Results: Revenue Jumps 17%, EBITDA Margin Expands 72% Mumbai, India | July 29, 2026: Piramal Pharma Limited (NSE: PPLPHARMA | BSE: 543635), a global pharmaceutical and wellness company, announced its unaudited consolidated financial results for the First Quarter (Q1) of Fiscal Year 2027, which ended on June 30, 2026. The company reported healthy revenue growth across all three businesses, accompanied by a significant expansion in EBITDA margin.Consolidated Financial Highlights The Q1 FY27 performance showed strong top-line growth for the company. Revenue from Operations reached ₹2,270 Crores, marking a 17% increase compared to the same quarter last year (₹1,934 Crores). The Earnings Before Interest and...

Zensar Technologies Reports Q1FY27 Results; Revenue Reaches $159.5 Million, Driven by Banking and Financial Services Sector Zensar Technologies Limited, an Experience, Engineering and Engagement solutions company, announced its consolidated financial results for the first quarter of fiscal year 2026-2027 (Q1FY27), ending June 30, 2026. The company reported revenue of $159.5 million, marking a sequential constant currency growth of 1.1%.The results demonstrated mixed performance across various business segments and geographies, with the Banking and Financial Services sector acting as the primary growth driver.Key Financial Highlights for Q1FY27 In addition to the revenue figure, Zensar reported that Profit after tax stood at 12.2% of...

OnEMI Technology Solutions Announces Quarterly Results and Appoints Secretarial Auditor OnEMI Technology Solutions Limited (formerly OnEMI Technology Solutions Private Limited) announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company also approved the appointment of a new Secretarial Auditor at its Board meeting held on July 29, 2026.The unaudited results were reviewed by the Audit Committee, and statutory auditors provided an unmodified opinion on the limited review report for the consolidated financial results.Financial Performance Highlights The company reported the following key metrics during the quarter ended June 30, 2026:Consolidated Financial Results (Rs. in...

UPL Subsidiary Completes Divestment of Joint Venture Stake in Bioplanta Nutrição Vegetal UPL Brasil Indústria e Comércio de Insumos Agropecuários S.A., a subsidiary of UPL Limited, has secured approval for the divestment of its entire stake in Bioplanta Nutrição Vegetal Indústria e Comércio S.A. The sale was finalized with Brazilian citizens MARINO JOSÉ FRANZ and MIGUEL VAZ RIBEIRO.The divestiture targets Bioplanta, a joint venture company of UPL Limited that specializes in the manufacture, sale, importation, exportation, and tolling of fertilizers, agrochemicals (standard or biological), adjuvants, and agriculture inputs. The transaction forms part of UPL Brasil's strategy to sharpen its portfolio and focus on profitable growth.The...

UPL Receives 'No Adverse Observations' from BSE and NSE for Composite Scheme of Arrangement UPL Limited has received critical observations regarding its composite Scheme of Arrangement from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), marking a significant step in the company’s corporate restructuring process. The Exchanges granted either 'no adverse observations' or 'No Objection' concerning the proposed scheme, which involves several associated entities.The Scheme of Arrangement concerns four companies: UPL Sustainable Agri Solutions Limited (UPL SAS), UPL Limited (UPL 1), UPL Global Sustainable Agri Solutions Limited (UPL 2), and UPL Crop Protection Holdings Limited (UPL Cayman 1). The...