Markets

Zuari Industries Reports Financial Results for FY26; Consolidated PAT Reaches ₹105.8 crore Zuari Industries Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported steady operational progress and significant growth across its key business verticals, including Sugar, Power & Ethanol (SPE), and Real Estate.On a standalone basis, Zuari Industries recorded a total income of ₹994.9 crore for FY26. The consolidated financials showed total income reaching ₹1,155.1 crore. Furthermore, the company achieved a consolidated Profit After Tax (PAT) of ₹105.8 crore for the year, significantly contrasting with a loss of ₹94.4 crore in the previous fiscal year.The company noted...

Active Infrastructures Limited Board Approves Financial Results and Recommends Dividend Active Infrastructures Limited held its first Board of Directors meeting for the Financial Year 2026-2027 on Monday, May 25, 2026. During the meeting, the Board approved the audited financial results for the company's annual and half-year periods ending March 31, 2026, alongside addressing key corporate governance matters, including the appointment of new auditors and the consideration of significant capital expenditure resolutions.Financial Results for FY 2026 and Half-Year 2026 The Board of Directors noted, considered, and approved the audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, as well as...

Subsidiary Company to Rename, Expand Scope to Manufacturing Explosives Balu Forge Industries Limited has announced significant strategic changes approved by the Board and Shareholders of its subsidiary. The core updates involve a name change for the subsidiary and a major alteration to its Memorandum of Association, broadening its business scope.The subsidiary, previously operating as 'Naya Energy Works Private Limited', will officially change its name to 'Quantum Energetics Private Limited'.In conjunction with the name change, the subsidiary's Object Clause of the Memorandum of Association is being altered. This expansion aims to align the company’s business objectives with its planned future activities and strategic expansion. The...

Tapi Fruit Processing Limited Launches Sour Cubes, Expanding FMCG Portfolio Tapi Fruit Processing Limited has announced the launch of a new product, Sour Cubes, expanding its portfolio within the Fast Moving Consumer Goods (FMCG) sector. The company introduced the product on May 25, 2026.Sour Cubes falls under the Jam and Jelly category, solidifying the company's presence in both the domestic and processed food markets.The details of the new product launch are summarized below:DetailInformationProduct NameSour CubesLaunch Date25-05-2026CategoryFMCG (Jam and Jelly)Target MarketDomestic MarketInternational Launch StatusNot Applicable (N.A.)Tapi Fruit Processing Limited continues its operations, reinforcing its...

Tunwal E-Motors Reports Audited Financial Results for FY 2026, Receives CRISIL Rating Upgrade Tunwal E-Motors Limited (formerly known as Tunwal E-Motors Private Limited) announced its audited Standalone and Consolidated Financial Results for the half and full financial year ended March 31, 2026. The Board of Directors approved the results, accompanied by an unmodified audit opinion from M/s. Mittal Agarwal & Company.In other material updates, the company announced a credit rating upgrade from CRISIL Ratings Limited and confirmed the appointment of new internal and tax auditors.Financial Highlights and Results The company released detailed audited financial statements for the period ending March 31, 2026.Profit/Loss Statement...

Magson Retail Approves Financial Results for Half-Year and Full Year Ended March 31, 2026 Magson Retail And Distribution Limited announced the approval of its Audited Standalone and Consolidated Financial Results for the Halfyear and the Financial Year ended March 31, 2026. The Board of Directors held its meeting on May 25, 2026, and approved the results along with the Audit Report issued by Statutory Auditors M/s. Ambalal Patel & Co LLP, Chartered Accountants.Following the review and recommendation by the Audit Committee, the company confirmed that the statutory auditors issued an Un-modified opinion on the financial results for the period.Financial Performance Highlights The company released key financial metrics for the half-year...

Pine Labs Records First Full Year of Profitability; Revenue Grows 19% YoY to ₹22,711 Cr Pine Labs Limited announced its financial results for the quarter and full year ended March 31, 2026, marking a significant milestone with the company achieving its first full year of profitability. The company reported a Profit After Tax (PAT) of ₹2,113 Cr for the fiscal year 2026, a major turnaround compared to a loss of ₹2,145 Cr in the previous year. The quarterly performance was also robust, with Q4 FY26 delivering a PAT of ₹259 Cr, the highest quarterly profit in the company's history.The company's revenues saw strong growth, increasing 19% Year-on-Year (YoY) to ₹22,711 Cr. Furthermore, Operating Cash Flows for the full year reached ₹2,395...

VISA Chrome Announces FY 2026 Financial Results and Board Appointments VISA Chrome Limited, formerly known as VISA Steel Limited, announced the approval of its audited standalone and consolidated financial results for the financial year ended March 31, 2026. At the Board of Directors meeting held on May 25, 2026, the company also announced the reappointment of its cost and internal auditors for the fiscal year 2026-27.The company confirmed that statutory auditors, M/s Singhi & Co. Chartered Accountants, issued an unmodified opinion on the standalone and consolidated financial results for the period.Audit and Governance Updates The Board of Directors, based on recommendations from the Audit Committee, ratified the reappointment of...

INOX India Limited: Promoter Group Member Disposes of 21,000 Equity Shares on Market INOX India Limited reported that a member of its promoter group, Ms. Lata Madhusudan Rungta, has disposed of equity shares in the company. The transaction involved the sale of 21,000 equity shares, valued at 3,01,17,460.The disposal was reported on May 21, 2026, following a market trade.According to the details provided, Ms. Lata Madhusudan Rungta, identified as a promoter group member, held 5,60,840 equity shares representing a 0.62% stake in INOX India Limited prior to the transaction.The transaction occurred through an on market sale on the NSE. The details of the shares held before and after the disposal are presented below:MetricBefore...

Kundan Edifice Completes Onboarding with V-Guard Industries for Lighting and Electronics Supply Kundan Edifice Limited has finalized its onboarding formalities with V-Guard Industries Limited. The process included the execution of both a Non-Disclosure Agreement (NDA) and a Supplier Agreement.The company has been integrated into V-Guard Industries Limited's supply chain for lighting and electronics products. The product categories covered include Rope Lights (HV Flex), Strip Lights (LV Flex), and Rectifiers.Kundan Edifice Limited has also secured initial order schedules for supplies planned during June 2026.This onboarding and the subsequent commencement of supplies mark a significant expansion for the company within the lighting...

Bharat Electronics Limited Secures Additional Orders Valued at Rs. 608 Crore Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, has secured additional orders worth Rs. 608 Crore. This substantial inflow of business was reported subsequent to the last disclosure made on May 5, 2026.The newly received orders encompass a diverse range of critical defence and technology systems. Major equipment and services include communication equipment, avionics, information fusion centre solutions, coastal surveillance radar system, seekers, jammers, tank sub systems, laser based fuzes, simulators, medical electronics, batteries, spares, and various services.BEL operates as a key Government...

Sacheerome Limited Reports Robust FY26 Performance, Noting Strong Growth in Revenue and Profitability New Delhi, India - Sacheerome Limited, a leading fragrance and flavour manufacturer serving the Fast Moving Consumer Goods (FMCG), personal care, home care, and food and beverage industries, announced its Audited Financial Results for the half year (H2FY26) and the full financial year (FY26) ended March 31, 2026. The company reported strong growth across its revenue streams and profitability, attributing the performance to operational efficiency improvements, an enhanced product mix, and sustained customer demand.Key Financial Highlights The company's financial results show significant year-over-year increases across major metrics...

Indef Manufacturing Limited Approves FY26 Results, Recommends Final Dividend of Rs. 2 per Share Indef Manufacturing Limited announced the outcomes of its Board of Directors meeting held on May 25, 2026. The Board unanimously approved the audited Standalone and Consolidated Financial Results for the quarter and the full financial year ended March 31, 2026.The company also recommended a Final Dividend of Rs. 2/- (200%) per Equity Share for the fiscal year ended March 31, 2026. This dividend recommendation is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).Financial Performance Overview The Board took note of the audit report issued by the Statutory Auditors, confirming the audited standalone and...

Awfis Space Solutions Announces FY 2026 Results; Approves Major Loan Facilities and Business Transfer New Delhi, May 25, 2026 — Awfis Space Solutions Limited today announced the final audited financial results for the fiscal year ended March 31, 2026. The company's Board of Directors approved the financial statements and the availing of key financing facilities, including a Term Loan and an Overdraft facility, from IDFC Bank Limited.The company also confirmed the strategic sale of its Design and Build 'Undertaking' to Awfis Transform Private Limited (ATPL), a wholly-owned subsidiary.Financial Performance Highlights (FY 2026) The audited standalone and consolidated financial results for the year ended March 31, 2026, reflect a total...

Man Industries Announces Audited Financial Results for the Year Ended March 31, 2026 Man Industries (India) Limited today reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company’s performance showed an increase in total income and net profit year-over-year, with robust figures recorded across its various operational segments.The results reflect the company's continued presence in the steel pipes manufacturing sector, alongside its real estate activities. The company also provided a comprehensive breakdown of its balance sheet, cash flow statements, and segment performance data for the period.Financial Performance Highlights For the year ended March 31, 2026, the...

Innovision Limited Wins Toll and Facility Maintenance Contract for NH-45-A Section Innovision Limited has secured a Letter of Award (LoA) for a significant toll collection and facility maintenance contract along a stretch of National Highway-45-A (NH-332) in Tamil Nadu and UT. The contract was awarded by the National Highways Authority of India (NHAI).The award was granted following a competitive bidding process, with details recorded under tender ID NHAI/13013/547/CO/26-7/CB/Gangarampalayam_FP/E261452/B1R/442. Innovision Limited received the order on May 25, 2026, having been granted the award on May 22, 2026.Contract Details and Scope of Work The contract involves the engagement of Innovision Ltd as the user fee collection agency...

Tata Communications Issues Commercial Paper Aggregating ₹ 300 Crore Tata Communications Limited has completed the issuance and allotment of Commercial Paper (CP) aggregating to ₹ 300 crore. This financial transaction provides the details of the security, its size, and key maturity terms.The Commercial Paper was issued on May 22, 2026, and is scheduled for redemption on August 21, 2026. The security was listed on the National Stock Exchange of India Limited on May 25, 2026.Key details regarding the Commercial Paper issue are as follows:Description of the securityCommercial PaperSize of the issue₹300 croreDate of IssueMay 22, 2026Date of RedemptionAugust 21, 2026Face Value per security₹5,00,000/-Discount Rate7.27%...

Wipro Limited Announces Buyback Proposal of Equity Shares Wipro Limited has announced a proposal to buy back up to 60,00,00,000 fully paid-up equity shares of its company. The buyback, payable through a tender offer process, is valued at an aggregate amount of up to ₹1,50,00,00,00,000 (Rupees Fifteen Thousand Crore only).The Board of Directors and shareholders approved the buyback, proposing to purchase equity shares with a face value of ₹2/- (Rupees Two only) each at a fixed price of ₹250/- (Rupees Two Hundred and Fifty only) per Equity Share, paid in cash.The buyback is structured as a proportionate tender offer, meaning the final number of shares purchased by the company from each eligible shareholder will be based on their...

Balu Forge Industries Appoints Interim CFO Following Key Managerial Change Balu Forge Industries Limited has announced a change in its key managerial personnel, reporting the resignation of its Chief Financial Officer (CFO). The company has subsequently appointed Mr. Sandeep Singh Chadha as the Interim CFO to ensure continuity in financial leadership.Amit Ashok Todkari has resigned from his position as CFO and Key Managerial Personnel of Balu Forge Industries Limited. His resignation, effective from the close of business hours on May 25, 2026, was attributed to personal reasons.In a transition move, the Board of Directors approved the appointment of Mr. Sandeep Singh Chadha as the Interim Chief Financial Officer. Mr. Chadha’s tenure...

KSH International Limited Reports Audited Financial Results for the Year Ended March 31, 2026 KSH International Limited announced its audited standalone financial results for the quarter and financial year ended March 31, 2026, following the Board of Directors' meeting held on May 25, 2026. The company’s financial performance details and asset position for the year were disclosed in the results.Financial Performance Highlights The financial results show strong revenue growth across the reported periods. The company's total income reached 31,283.82 million for the financial year ended March 31, 2026.Key figures related to income and profit are presented below:Metric (Amounts in million)March 31, 2026Quarter Ended December 31...