Markets

Asian Paints Reports Strong Q1 FY27 Results with Double-Digit Growth in Consolidated and Standalone Revenue Mumbai, July 29, 2026: Asian Paints Limited today announced its financial results for the quarter ended June 30, 2026 (Q1 FY'27), reporting robust growth across all key segments. The company showcased a strong start to the fiscal year, driven by positive performance in both its consolidated and standalone operations.The Board of Directors approved the audited standalone and unaudited consolidated financial results for the quarter.Consolidated Financial Performance The Group achieved significant top-line growth, with Consolidated Net Sales increasing by 17.9% to ₹ 10,521.4 crore, up from ₹ 8,924.5 crore in the previous year's...

HMT Limited releases financial results: Consolidated income reflects significant losses amid operating challenges HMT Limited has announced its Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026. The results detail the company's performance across various segments, alongside a qualified opinion from auditors GRSM & ASSOCIATES regarding both the standalone and consolidated statements.The company released its financial data, which includes detailed breakdowns of operational income and expenses, along with key indicators of the group’s financial stability and segment performance for the reporting periods.Financial Performance Highlights Standalone Results: For the quarter ended...

Slone Infosystems Secures Rs 6.61 Crore Order for Supply of Lenovo Laptops Slone Infosystems Limited has secured a contract worth Rs 6.61 crores, inclusive of GST, for the supply of specialized laptops. The order was awarded by Maxtech and pertains to 1,343 units of Lenovo V14 G5 - 83HD004AIG Laptops of various specifications.The purchase order (PO) dated July 29, 2026, details the terms of supply. The contract involves a domestic entity purchasing from Slone Infosystems. This transaction is classified as a sale basis order and was awarded by a domestic organization.Key contractual details are summarized below:ParticularsDescription / DetailsClient EntityMaxtechOrder ValueRs 6.61 crores (inclusive of GST)Quantity1,343...

Info Edge Invests Rs 10 Crores in Coding Ninjas, Subsidiary Remains Wholly Owned Entity Info Edge (India) Limited has committed an investment of about Rs 10 Crores into Sunrise Mentors Private Limited, known as 'CodingNinjas'. The transaction was decided by the Committee of Executive Directors on Wednesday, July 29, 2026.The investment is structured as a cash consideration and aims to meet the working capital requirements of CodingNinjas. Info Edge (India) Limited already holds a 100% stake in CodingNinjas through its wholly owned subsidiary, Startup Investments (Holding) Limited, meaning it falls under the category of a related party.Codingninjas, which operates as an e-learning platform providing online education, was incorporated...

Meghmani Organics Reports Q1 FY27 Results; Revenue Declines While Net Profit Rises 42% Meghmani Organics Limited (MOL), a diversified chemical company, announced its financial results for the first quarter ended June 30, 2026 (Q1 FY27). The company reported revenue from operations of ₹522.9 crore, which marks a 12% year-on-year decline, though it saw net profit grow by 42% year-on-year to ₹57.6 crore due to favorable product mix and better price realization.The standalone financial highlights for MOL demonstrate significant changes across the quarter compared to previous periods.Particulars (₹ Crore)Q1 FY27Q4 FY26QoQ%Q1 FY26YoY%Revenue from Operations522.9456.615%592.6(12%)EBITDA93.726.2257%80.616%EBIDTA Margin...

Procter & Gamble Hygiene and Health Care Limited Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Procter & Gamble Hygiene and Health Care Limited released its unaudited financial results for the quarter ended June 30, 2026. The results were approved at a meeting of the Board of Directors held on July 29, 2026. These results detail performance across key operational areas, including income, expenses, and profits for the period.The Company's operating segments include Health Care Products—comprising Ointment and Creams, Cough Drops and Tablets—and Hygiene Products, which includes Feminine Hygiene products and other skin care hygiene items. In accordance with Ind AS 1 on Operating Segments, these individual...

BlackBuck Limited Releases Q2 2026 Financial Results; Notes Material Subsidiary Status and Personnel Changes BlackBuck Limited, formerly Zinka Logistics Solutions Limited, has released its unaudited financial results for the quarter ended June 30, 2026. The results reflect performance across both standalone and consolidated entities, alongside several key corporate updates following a Board meeting held on July 29, 2026.The company’s management confirmed that BlackBuck Finserve Private Limited (BBFS) has been classified as a Material Subsidiary of the Company. This classification was determined after noting that BBFS's networth surpassed 10% of the consolidated networth of the Company based on the Audited Consolidated Financial...

Procter & Gamble Hygiene and Health Care Reports Q1 Results: Sales Down 5%, Focus Remains on Innovation Procter & Gamble Hygiene and Health Care Ltd. (PGHH) announced its financial results for the first quarter ended June 30, 2026. The company reported sales of ₹ 901 crores, representing a 5% decrease compared to the previous year. Profit After Tax (PAT) was recorded at ₹126 crores, with the result being impacted by commodity cost fluctuations stemming from geopolitical uncertainties.The company continued strategic investments in innovation during the quarter and increased advertising and promotional expenses compared to the past year. This investment effort is aimed at positioning the company for long-term competitiveness and value...

MAS Financial Services Reports 21% Growth in AUM and PAT for Q1 FY27; Details on Management Changes Released MAS Financial Services Limited today announced its unaudited financial results for the quarter ending June 30, 2026, reporting strong growth across both consolidated and standalone entities. The company’s performance highlighted sustained operational excellence as it also detailed several key changes in senior management and governance structure following a Board meeting held on July 29, 2026.On a consolidated basis, MAS Financial Services reported Assets Under Management (AUM) of ₹16,122.75 Crores for the quarter ending June 30, 2026. This represents significant growth from the previous period's AUM of ₹13,298.50 Crores...

Unichem Laboratories Reports Outcome of Tax Appeal Regarding GSTR TRAN 1 Credit Unichem Laboratories Limited has received an order from the Additional Commissioner, Central Goods & Services Tax (Appeals), Dehradun, concerning a previously filed appeal related to the disallowance of GSTR TRAN 1 credit. The appellate authority partially allowed the credit claim while also raising a demand against the company.The order was received on July 28, 2026. The original dispute arose from an order passed by the Assistant Commissioner Central Goods and Service Tax Division in Dehradun regarding the disallowance of TRAN 1 credit under Section 140(3) of the CGST Act, 2017, for a sum of Rs. 73,02,757/-.The Additional Commissioner subsequently...

Jammu & Kashmir Bank Reports Q1 Results for June 2026; Total Assets Stand at 1,98,837.68 Crore Jammu & Kashmir Bank Limited released its financial results for the quarter ended June 30, 2026, detailing performance across both standalone and consolidated operations. The Bank reported key figures concerning capital structure, asset base, and profitability for the period.The Standalone Balance Sheet as of June 30, 2026 shows total liabilities at 1,98,837.68 crore. Capital stood at 110.13 crore. Reserves and Surplus increased to 17,138.76 crore compared to 14,670.67 crore in the previous year (FY 2025-26). Deposits totaled 1,73,420.33 crore, while borrowings stood at 4,381.00 crore.Total Assets for the standalone entity were reported at...

Apcotex Industries Limited Announces Audited Financial Results for Quarter Ended June 30, 2026 Apcotex Industries Limited has reported its audited financial results for the quarter ended June 30, 2026. The company, which operates in Synthetic Emulsion Polymers, conducted a Board meeting on July 29, 2026, to consider and approve these financial outcomes, along with the Audit Report issued by M/s Manubhai & Shah LLP.The results present comprehensive details regarding the company's operational performance and profitability during the quarter. The management and Board of Directors stated that the preparation and presentation of these financial results comply with Indian Accounting Standards (IND AS) prescribed under Section 133 of the...

Craftsman Automation Limited Greenlights New Manufacturing Facility in Tamil Nadu Craftsman Automation Limited has approved the establishment of a new manufacturing unit in Hosur, Tamil Nadu, marking a significant expansion in its operational footprint in South India. The facility is intended to cater to the growing incremental demand from automotive original equipment manufacturers (OEMs) in the region.The decision was made following a Board meeting and aims to strategically enhance operational efficiency and improve logistics for the company's aluminium products division. Craftsman Automation, which already serves leading two-wheeler and passenger vehicle OEMs in Southern India, is expanding its capacity in response to nearing...

Sharda Cropchem Posts Strong Q1 FY27 Results: Revenue Grows 9% YoY, EBITDA Rises 25% Mumbai, July 29, 2026 - Sharda Cropchem Limited, a major player in the crop protection chemicals industry, has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant improvements across key operating metrics, driven by expansion and product mix enhancements.The consolidated highlights show robust growth in revenue and margins. Revenue grew by 9% year-on-year (YoY) to Rs. 1,074 crores. EBITDA saw a strong increase of 25%, reaching Rs. 178 crores, with the EBITDA margin improving by 220 basis points (bps) to 16.6%.The consolidated financial performance for Q1 FY27 compared to Q1 FY26 is...

Asahi Songwon Colors Approves Q1 Results, Appoints IPS Officer as Non-Executive Independent Director Asahi Songwon Colors Limited announced key outcomes from its Board of Directors meeting held on July 29, 2026, including the approval of standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The company also approved the appointment of Mr. Sanjay Srivastava as an Additional Director (Non-Executive Independent Director).The Board meeting reviewed and sanctioned both the standalone and consolidated unaudited financial statements, which have been subjected to a Limited Review by statutory auditors.New Board Appointment Based on the recommendation from the Nomination and Remuneration Committee, the...

PCBL Chemical Announces Interim Dividend Amid Solid Financial Performance PCBL Chemical Limited, formerly known as PCBL Limited, declared an interim dividend following the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board meeting on July 29, 2026, approved a significant interim dividend payout based on the company's performance.The management announced that an interim dividend of 450% was declared at Rs 4.50 per equity share of Re 1/- each for the financial year ending March 31, 2027. The Record Date for the payment of this interim dividend has been fixed as Tuesday, August 4, 2026.Financial Performance Highlights (Consolidated) The unaudited consolidated financial...

Reliance Infrastructure Limited Secures Arbitral Award in MMRDA Debt Dispute Reliance Infrastructure Limited has received an Arbitral Award detailing a dispute with the Mumbai Metropolitan Regional Development Authority (MMRDA) concerning subordinated debt provided to Mumbai Metro One Private Limited (MMOPL). The award was granted on July 27, 2026.The matter involves the subordinated debt extended by Reliance Infrastructure Limited to MMOPL, which is a joint venture between Reliance Infrastructure and MMRDA. This JV operates the Metro Line connecting the Versova - Andheri Ghatkopar Corridor in Mumbai.In this arbitration case, the Arbitral Tribunal rendered a decision with a 3:0 majority. The award grants a sum of Rs. 157.64 crore...

SEBI Adjudicating Officer Imposes Monetary Penalty on M Tek Copper Limited for Delayed Disclosure An adjudication order has been passed by the Securities and Exchange Board of India (SEBI) Adjudicating Officer, imposing a monetary penalty on M Tek Copper Limited. The proceedings related to alleged non-compliance concerning the delayed disclosure of material events and developments under Regulation 30 of SEBI (LODR), 2015.The penalty was imposed by the Adjudicating Officer based on the provisions of Section 15A(b) of the Securities and Exchange Board of India Act, 1992. The company received communication regarding the order on July 28, 2026.M Tek Copper Limited, which operates under its name (formerly Madhav Copper Limited), faced...

Garden Reach Shipbuilders Announces Q1 FY27 Unaudited Financial Results: Revenue Reaches 191,418 Lakh Garden Reach Shipbuilders & Engineers Limited has released its Unaudited Financial Results for the quarter ended June 30, 2026. The results were approved by the Board of Directors at a meeting held on July 29, 2026.The company's performance metrics and financial health indicators have been published in detail for the interim period. Key financial figures for the quarter include data compared against previous periods, as detailed in the Unaudited Financial Results statement.Statement of Unaudited Financial Results (Rs. in Lakh) The following table summarizes the income, expenses, and profitability metrics for Garden Reach...

M&M Sells Truck and Bus Division to SML Mahindra Limited in Strategic Move to Create Unified Commercial Vehicle Business The Board of Directors of SML Mahindra Limited (SML) has approved the acquisition of the Truck and Bus Division (MTBD) from Mahindra & Mahindra Limited (M&M). The transaction, executed as a slump sale, aims to unify M&M Group's commercial vehicle operations under a single focused entity, creating a comprehensive presence across light, intermediate, and heavy trucks, as well as buses.The acquisition marks a significant strategic step for the Mahindra Group towards establishing market leadership in the truck and bus segment. The transfer involves MTBD’s employees, assets, intellectual property, licenses, permits...