Markets

RCF and GAIL Ink MoU for Gas-Based Fertilizer Project in Maharashtra Rashtriya Chemicals and Fertilizers Limited (RCF) and GAIL (India) Limited (GAIL) have signed a Memorandum of Understanding (MoU) focused on establishing a gas-based fertilizer project. The agreement, finalized on July 29, 2026, mandates the two companies to work jointly through a Special Purpose Vehicle (SPV).The collaboration is aimed at setting up a major urea production facility within the Vidarbha region of Maharashtra. This proposed facility will leverage GAIL's existing Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline (MNJPL) infrastructure.The project scope includes a planned capacity of 1.27 Million Metric Tonnes Per Annum (MMTPA), marking a significant step...

Adani Enterprises Reports Highest Ever Quarterly EBITDA of Rs 5,642 Cr in Q1 FY27 Ahmedabad, July 29, 2026: Adani Enterprises Limited (AEL), a flagship company of the Adani Group, announced its results for the quarter ended June 30, 2026. The company reported its highest ever quarterly EBITDA at Rs 5,642 crore, reflecting strong performance across its diverse infrastructure and incubating businesses.The consolidated financial highlights showed Total Income reaching Rs 33,546 cr, marking a 50% year-on-year (Y-o-Y) increase. AEL's growth is attributed to the maturity of established businesses and the continuous momentum generated by its evolving incubation platforms.Consolidated Financial Performance Snapshot The financial performance...

MAS Financial Reports Strong Quarterly Results with AUM Crossing 16,000 Crores MAS Financial Services Limited, a specialized entity in MSME financing, announced its unaudited financial results for the quarter ended June 30, 2026. The company demonstrated robust performance, reporting consolidated Assets Under Management (AUM) surpassing 16,000 crores and Profit After Tax (PAT) of 110.15 Crores.The results indicate consistent growth across the organization, underpinned by strong operational performance in its primary segments.Consolidated Performance Highlights On a consolidated basis, MAS Financial Services reported significant increases in both AUM and profitability compared to the corresponding quarter ended June 30, 2025. The...

Adani Enterprises Reports Q1 Financial Results; Appoints Anju Abrol as Independent Director Adani Enterprises Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company also approved the appointment of Ms. Anju Abrol as an Independent Director, subject to shareholder approval.The Board meeting held on July 29, 2026, saw the acceptance of the unaudited financial results for both the consolidated and standalone entities.Financial Performance Highlights (Quarter Ended June 30, 2026) Adani Enterprises reported key financial metrics in its latest quarterly statements.In the Consolidated segment:Total Income stood at 33,546.26 crores, up from 22,436.62 crores in the same quarter of the...

MAS Financial Services Announces Book Closure for Dividend and AGM MAS Financial Services Limited has announced the book closure period for its equity shares, covering the declaration of a dividend and the forthcoming 31st Annual General Meeting (AGM). The company will take the records of its members during this period.The Register of Member and Share Transfer Books of MAS Financial Services Limited will be closed from Thursday, August 27, 2026, until Wednesday, September 2, 2026, for both days inclusive.The purpose of the book closure is twofold: to record members for the payment of a final dividend and for the AGM scheduled for Wednesday, September 2, 2026.MAS Financial Services Limited shared key details regarding the security...

Hindustan Aeronautics Limited receives Ministry of Defence approval for extension of Director (Operations) charge to CMD Hindustan Aeronautics Limited has received official approval from the Ministry of Defence regarding the extension of an additional charge for the post of Director (Operations). The decision concerns Shri Kota Ravi, who holds the position of Chairman & Managing Director at the company.The Ministry of Defence conveyed the approval of the Competent Authority via a letter dated July 27, 2026, confirming the extension requested by Hindustan Aeronautics Limited.Under this approved extension, Shri Kota Ravi will continue to hold the additional charge for Director (Operations) for a further period of three months. This...

IndoStar Capital Finance Reports Q2 Results, Confirms Security Cover for Debentures IndoStar Capital Finance Limited announced several corporate developments on July 29, 2026, including the results of its Board meeting and details regarding debt security and fund utilization. The company confirmed the appointment of new statutory auditors and provided reports on the financial stability related to its non-convertible debentures.The Board of Directors considered and approved various matters during the meeting, including the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also addressed matters pertaining to future fundraising through debt securities.MSKA & Associates LLP issued...

Borana Weaves Limited Announces Resignation of Secretarial AuditorThe Board of Directors of Borana Weaves Limited has noted the resignation of Mr. Jitendrakumar Rewashankar Rawal from the position of secretarial auditor of the company. This decision was recorded at a board meeting held on July 29, 2026.The company confirmed the cessation of Mr. Rewashankar Rawal's services following his submission of resignation. The specific details regarding this change in professional service are summarized as follows:ParticularsDescriptionReason for ChangeResignationDate of Cessation and TermWith effect from 24/07/2026Brief ProfileNot ApplicableRelationship DisclosureNot ApplicableThe company has taken the resignation on...

Vintage Coffee and Beverages Reports Consolidated Results for Quarter Ended June 30, 2026 Vintage Coffee And Beverages Limited, formerly known as Spaceage Products Ltd, announced its Un-audited Standalone and Consolidated financial results for the quarter ended June 30, 2026. The Board of Directors considered and approved these results following a meeting held on July 29, 2026.The consolidated performance reflects the company's operations, which encompasses the Trading, Manufacturing, and Export of Instant Coffee and Instant Chicory Products. VCBL operates with two Material Subsidiaries: Vintage Coffee Private Limited and Delecto Foods Private Limited. The results were prepared in accordance with Ind AS.Financial Performance Summary...

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...