Markets

Karnataka Bank Reports Strong Q1 Performance with Net Profit of 419.12 Crore Karnataka Bank Limited announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The results show robust operational performance across all segments, complemented by prudent asset quality management and a strong balance sheet.The Bank recorded a Total Income of 2,738.13 Crore in its consolidated results for the period. Consolidating the income statement details reveals significant revenue generation from various sources over both the current quarter and the entire financial year ending March 31, 2026.Financial Highlights (Quarter Ended June 30, 2026) The following table outlines the key financial performance...

iValue Infosolutions Reports Quarterly Results and Announces Key Management Changes Ivalue Infosolutions Limited, a company formerly known as iValue Infosolutions Private Limited, announced the unaudited financial results for the quarter ended June 30, 2026. The board meeting conducted on July 29, 2026, also approved operational updates including the reappointment of an internal auditor and details regarding a senior executive's resignation.The company reported performance across its operations in both standalone and consolidated formats for the quarter.Financial Performance (Quarter Ended June 30, 2026) Ivalue Infosolutions Limited's Standalone financial results showed Total Income of 15,820 lakhs and a Profit for the period of...

India's Electronics Surge: PLI Schemes Drive Massive Manufacturing Boom, Boosting Exports Eleven-Fold to Over ₹4 Lakh Crore Domestic Production Skyrockets as Electronics Sector Achieves 7X Growth in 12 Years The Government of India's vision for 'Make in India' and 'Atmanirbhar Bharat' has significantly transformed the domestic electronics manufacturing landscape. Through a multi-pronged strategy, the government developed not just finished products, but also the entire ecosystem, progressing from assembly to components and advanced machinery. This concerted effort has positioned India as a critical global hub for electronic manufacturing.Exponential Growth in Electronics Manufacturing Defined by Key Metrics The growth trajectory of...

MOIL Ltd Releases Unaudited Financial Results for Quarter Ended June 30, 2026 MOIL Limited has released its unaudited financial results for the quarter ending June 30, 2026. The company's Board of Directors approved these results, along with the Limited Review Report of the Auditors.The results reflect various operational metrics across the company's segments and provide a snapshot of profitability for the specified period compared to previous quarters.Financial Performance Highlights (Quarter Ended June 30, 2026) Key financial indicators from the statement of unaudited financial results for the quarter are as follows:ParticularQ ended June 30, 2026 (in lakhs)FY ended March 31, 2026 (in lakhs)Revenue from...

Sumeet Industries Approves Preferential Share Issue and Allocates Funds for CP Plant Integration Sumeet Industries Limited has taken several significant corporate steps, including the approval of a preferential issue of equity shares following the conversion of Optionally Convertible / Redeemable Preference Shares (OCRPs). Furthermore, the Board approved substantial funding to facilitate the operationalization and integration of a recently acquired CP Plant.The company's Board meeting sanctioned the issuance of up to 84,31,195 Equity Shares. These shares are offered to Non-Promoters through the conversion of OCRPs. The proposed shares carry a face value of Rs. 2/- each and were set at a conversion price of Rs. 33.21 per share...

Dabur Q1 Net Profit Surges 15% at Rs 591 Crore; FMCG Business Grows 9.5%New Delhi, July 29, 2026: Dabur India Limited, a leading science-based Ayurveda major in the Indian market, reported strong financial results for the quarter ending June 30, 2026, achieving resilient and broad-based growth despite a challenging operating environment. The company announced that its Net Profit surged by 15% to Rs 591 Crore for Q1 of 2026-27. Consolidated Revenue saw a jump of 10.6%, reaching Rs 3,761 Crore, while the India FMCG business grew by 9.5%, underpinned by an underlying Volume growth of 5%.Commenting on the results, Global Chief Executive Officer Mr. Mohit Malhotra stated that this marked the third consecutive quarter of double-digit...

Vedanta Iron and Steel Limited Reports Q1 FY26 Results Amid Strategic Divestments and Business Transfers Vedanta Iron and Steel Limited released its unaudited consolidated and standalone financial results for the first quarter ending June 30, 2026. The results reflect various strategic moves, including a major demerger of the Iron Ore Undertaking from Vedanta Limited, and significant business transfer agreements.The company's Q1 performance metrics are summarized below:Financial Metric (Q1 ended June 30, 2026)Consolidated Figure (Z in Crore)Total Revenue from Operations3,662Total Income3,751Total Expenses3,586Profit before Tax165Net Profit after Tax (from continuing operations)121For the year ended March 31...

Steelcast Limited Approves 8500 Ton Capacity Expansion and Declares First Interim Dividend for FY 2026-27 Steelcast Limited announced key outcomes from its Board of Directors meeting held on July 29, 2026. The board approved the establishment of a Greenfield Foundry and declared a first interim dividend for the financial year 2026-27, following the consideration of the Unaudited (Standalone) Financial Results for the quarter ended June 30, 2026.The company has decided to expand its manufacturing capacity by setting up a new Greenfield Foundry. This addition is aimed at catering to increasing customer demand and will bring the total installed capacity well beyond the existing level.Strategic Capacity Expansion Details Steelcast...

Dabur India Reports Qended June 30, 2026 Results; Consolidated Net Profit Reaches 586.16 Crores Dabur India Limited announced its unaudited financial and segment-wise results for the quarter ended June 30, 2026, following a meeting of its Board of Directors held on July 29, 2026. The Company released both consolidated and standalone financial statements, which include a review report issued by the Statutory Auditors.The results showed significant performance across various segments for the Group, as detailed in the unaudited consolidated financial statement.Consolidated Financial Highlights For the quarter ended June 30, 2026, the Group generated Total Income of 3,936.95 crores, achieving a Net profit for the period of 586.16...

Independence Day Sets National Bank Holiday; Full State-Wise Calendar for August 2026 Reveals Key Closures Planning banking commitments in August 2026 requires careful attention to a varied schedule of state and national holidays. The month is marked by several significant observances, ranging from regional festivals to India's Independence Day. Knowing the precise closure dates is crucial for avoiding unnecessary trips to bank branches and ensuring time-bound transactions are completed smoothly.National Holiday Observance: August 15th The entire country will observe a nationwide closure on Saturday, August 15, 2026, marking India's Independence Day. This holiday is listed alongside the observance of Independence Day/Parsi New Year...

Syrma SGS Reports Strong Q1 FY27 Results: Revenue Jumps 67% as Export Business Strengthens Chennai, India - July 29, 2026 - Syrma SGS Technology Limited, a prominent player in India's electronics manufacturing and design ecosystem, announced robust financial results for the quarter ending June 30, 2026. The company reported significant growth across key metrics, achieving Total Revenue of ₹16,037 million, EBITDA of ₹1,766 million, and Profit After Tax (PAT) of ₹1,057 million.The consolidated financial highlights for the quarter show substantial year-on-year increases:Total Revenue grew by 67.1% YoY to reach ₹16,037 million. EBITDA rose by 72.0% YoY. PAT saw a massive increase of 111.8% YoY.Export revenue constituted 24% of the...

Ethos Limited Opens New Watch Boutique in Amritsar, Reaching 103 Boutiques Across India Ethos Limited has inaugurated a new Ethos Watch Boutique in Amritsar, significantly expanding its physical retail footprint in the luxury market. The new store is located at GF 06, Nexus Amritsar Mall, situated on Grand Trunk Rd in Maqbool Pura, Amritsar, Punjab.The launch of this boutique marks a strategic move by the company to strengthen its luxury brand portfolio and consolidate its presence within one of India's key luxury retail markets. This expansion aligns with Ethos Limited's vision of delivering unparalleled luxury experiences and making globally exclusive brands more accessible to discerning customers across India.With the addition of...

Dabur India Limited Restructures Senior Management, Names New CEO for India Business Dabur India Limited has made changes in its senior management category following an internal management restructuring. The adjustments include the appointment of a new executive to lead the India business while three other officials are noted as having ceased being Senior Management Personnel (SMP) due to the organizational shift.Mr. Herjit S. Bhalla has been appointed as the Chief Executive Officer - India Business, effective from April 23, 2026. In this role, Mr. Bhalla will report to the Global Chief Executive Officer.The internal restructuring also affected three key personnel: Mr. Rehan Hasan, Executive VP - Sales; Mr. Sriram Padmanabhan...

IDC Recommends Open Offer Price of Rs. 29 for Niraj Cement Structurals Shares The Independent Directors Committee (IDC) has issued a recommendation regarding an open offer concerning Niraj Cement Structurals Limited. The committee found the open offer price of Rs. 29.00 per fully paid-up Equity Share to be fair and reasonable.According to the IDC, the justification for the offer price rests on several points: The offer price of Rs. 29.00 per fully paid-up Equity Share was deemed reasonable compared to the volume-weighted average market price of shares sixty trading days immediately preceding the date of the public announcement. The pricing is also in accordance with relevant regulations prescribed.Regarding the composition and...

Cupid Limited Increases Stake in GII Healthcare Investment through $5 Mn Follow-on Investment Mumbai, July 29, 2026 -Cupid Limited has announced an additional follow-on investment in GII Healthcare Investment Limited, a healthcare-focused investment platform managed by GII. This investment, amounting to USD 5 million and funded entirely through internal accruals, signals Cupid's sustained confidence in the long-term strategic value of GII's healthcare investment strategy.The additional commitment follows an earlier investment by Cupid and reinforces the company’s belief in the future of the GCC healthcare sector. Cupid views the region as a market offering compelling long-term growth opportunities, driven by increasing healthcare...

Madhya Bharat Agro Products Limited Schedules Extra Ordinary General Meeting Via Video Conferencing Madhya Bharat Agro Products Limited has announced that its management will convene an Extra Ordinary General Meeting (EGM) for its shareholders. The meeting is scheduled to take place on Friday, August 28, 2026, at 11:00 A.M. IST.The EGM will be held through Video Conferencing or Other AudioVisual Means (VC/OAVM). The designated Deemed Venue for the meeting is the company’s Registered Office located at Wing A/1, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara 311802.The Board has established specific timelines related to the circulation of notice and shareholder voting rights. The cut-off date for the circulation of the Notice...

Cochin Shipyard Limited Extends Charge of Chairman & Managing Director to Finance Director Jose V J Cochin Shipyard Limited, a Category-1 Miniratna Company under the Ministry of Ports, Shipping and Waterways, has received approval for the extension of the additional charge of its Chairman and Managing Director (CMD) to Shri Jose V J, Director (Finance).The decision was communicated by the Ministry of Ports, Shipping and Waterways, Government of India, following approval from the Appointments Committee of the Cabinet, Department of Personnel and Training on July 29, 2026.This extension pertains to the role entrusted to Shri Jose V J subsequent to the retirement on superannuation of the then CMD, Shri Madhu Sankunny Nair. The...

Jubilant Pharmova Announces 48th Annual General Meeting, Recommends Dividend Payment Jubilant Pharmova Limited has set the date for its 48th Annual General Meeting (AGM) and provided updates regarding the dividend recommendation for shareholders. The AGM is scheduled to take place via Video Conferencing or Other Audio Visual Means (VC/OAVM).The company's Board of Directors, during a meeting held on May 22, 2026, recommended a dividend payment of Rs. [amount] per Equity Share for the financial year ended March 31, 2026, subject to approval by the members at the AGM. The recommendation is noted as (i.e. 500%).The eligibility for the dividend is determined by the record date, which has been set for July 24, 2026. If approved, the...

Transindia Real Estate Limited Announces Scheme of Amalgamation with Madanahatti LogisticsTransindia Real Estate Limited has confirmed a significant corporate restructuring as it proceeds with the Scheme of Amalgamation involving Madanahatti Logistics and Industrial Parks Private Limited. The move involves merging the subsidiary company, Madanahatti Logistics and Industrial Parks Private Limited (the Transferor Company), into Transindia Real Estate Limited (the Transferee Company).The action follows an order passed by the Hon'ble National Company Law Tribunal, Mumbai Bench, on July 15, 2026. This Order was issued in relation to the proposed Scheme, referenced under Company Scheme Application No. C.A. (CAA)/232/MB-III/2025. The...

Capri Global Capital Limited Partners with OpenAI to Integrate Enterprise AI into Lending Operations Capri Global Capital Limited, known by its brand name 'Capri Loans,' a leading retail-focused Non-Banking Financial Company (NBFC), announced that it is collaborating with OpenAI to adopt enterprise-grade generative AI across various key business functions. This significant initiative is designed to support Capri Loans' technology-led growth strategy.Over the coming months, the company plans to explore and deploy secure AI-powered workflows and tools aimed at enhancing customer service, streamlining knowledge management, and improving operational processes throughout its extensive network. These enhancements will benefit over 7.6 lakh...