Markets

Cemindia Projects Reports Record Order Book and Stable Quarterly Performance in Q1 FY27 Mumbai: Cemindia Projects Limited today announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a record order book of ₹ 31,307 crores as of that date, while consolidated revenue grew by 5.6% year-on-year (YoY) to ₹ 2,721 crores.The results indicate consistent operational and financial performance across the quarter. Consolidated Profit After Tax (PAT) stood at ₹ 141 crores for Q1 FY27, marking a 2.6% YoY growth, while consolidated EBITDA was ₹ 285 crores, which saw a significant 9.4% increase compared to the previous year.Financial and Balance Sheet Metrics The company's consolidated financial...

Pine Labs Posts Strong Q1 FY27 Results; Revenue Jumps 20% as Profit After Tax Multiplies Fourfold Pine Labs Limited reported significant financial growth for the quarter ended June 30, 2026, announcing a 20% year-over-year (YoY) increase in revenue and a fourfold surge in Profit After Tax (PAT). The company highlighted its strategic build-out of next-generation commerce architecture, leveraging India’s digital payment rail ecosystem.The financial results demonstrated robust business health across all segments. Revenue from Operations reached ₹ 737 Cr. This was complemented by exceptional profit performance, with PAT rising to ₹ 20 Cr, up dramatically from ₹ 5 Cr in the previous year's corresponding quarter. Profit Before Tax (PBT)...

City Union Bank Reports Q1 FY27 Results; Net Profit Stands at 34,237 Lakh City Union Bank Limited announced its integrated Standalone Un-Audited Financial Results for the quarter ended June 30, 2026. The results reflect a net profit of 34,237.32 lakh, with the bank maintaining a Capital Adequacy Ratio (Basel III) of 27.73% as of the period.The Bank reported total income of 222,457.44 lakh for Q1 FY27. The profitability metrics showed that interest expenditure was 116,485.10 lakh, and operating expenses totaled 48,315.02 lakh. After accounting for provisions and tax expenses, the Net Profit/Loss from Ordinary Activities after tax stood at 34,237.32 lakh.Key Financial Highlights (Rs in Lakh) A summary of the key figures for Q1 FY27...

Cholamandalam Reports Strong Quarter 1 FY27 Results; Highlights 46% YoY Profit Surge and Capital Strength Cholamandalam Investment and Finance Company Limited (CIFCL) announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant increase in profitability across various segments, alongside successful debt raising operations. The Board of Directors approved the results, which demonstrated strong operational momentum driven by expanding disbursements and sustained asset quality.The Company also confirmed that proceeds from the issuance of Non-Convertible Debentures (NCDs) aggregating to Rs 55,000 crores have been fully utilized as per stated purposes.Financial Performance Review CIFCL...

Grob Tea Completes Acquisition of Bazaloni Group Limited, Establishes Wholly Owned Subsidiary The Grob Tea Company Limited has successfully completed the acquisition of 100% equity share capital of Bazaloni Group Limited. Effective July 28, 2026, Bazaloni Group Limited has become a Wholly Owned Subsidiary (WOS) of The Grob Tea Company, according to the transaction details provided.The acquisition was finalized in line with the terms set out in the Share Purchase Agreement executed on July 1, 2026. This move is intended to strengthen and expand the company's business operations, enhancing growth, revenue, and profitability within the highly competitive Tea Industry.Transaction DetailsThe Grob Tea Company acquired all 1,596,500...

Dwarikesh Sugar Industries Announces First Quarter Results with Board Approval Dwarikesh Sugar Industries Limited has released its Unaudited Financial Results for the first quarter ended June 30, 2026. The company announced the results following the meeting of its Board of Directors held on July 28, 2026, which included the adoption of the financial statement along with a Limited Review Report issued by Statutory Auditor Mittal Gupta & Co., Chartered Accountants.The company's consolidated performance metrics for the quarter showed specific operational figures across its business segments. The results were reviewed and confirmed by the Board of Directors.Financial Performance Highlights (Q1, Ended June 30, 2026) The Statement of...

Ginni Filaments Limited Approves Major Personnel Changes, Greenlights South Africa Subsidiary as Q3 Results Are Released Ginni Filaments Limited released its Unaudited Financial Results for the quarter ending June 30, 2026. The results were presented alongside several corporate decisions approved by the Board of Directors at a meeting held on July 28, 2026. Key among these decisions was the approval to pursue the incorporation of a wholly owned subsidiary in the Republic of South Africa (RSA).The company also addressed leadership continuity and re-appointment during the board meeting. The Board approved the continuation of Shri Shishir Jaipuria as Managing Director beyond the age of 70 years, subject to shareholder approval at the...

Indian Textile and Apparel Exports Surge: Global Demand Drives Growth to ₹3,25,339 Crore India’s textile and apparel sector has demonstrated remarkable resilience and robust growth in the domestic and international markets. Exports of textiles, garments, and handicrafts have steadily climbed, driven by consistent policy support and strategic market diversification. The comprehensive data reflects a growing global appetite for Indian products, solidifying the nation's position in the international trade landscape.Textile Exports Chronicle Growth and Resilience The sector recorded significant overall growth in the period under review. Total exports of textiles and apparel, including handicrafts, increased from ₹2,97,004 crore in 2023-24...

Indian Technical Textiles Sector Surges on Mission Support, Achieving ₹3,420 Crore Trade Surplus The domestic technical textile industry has demonstrated robust financial health, recording a net trade surplus of ₹ 3,420.20 crore in Fiscal Year 2025-26. This performance highlights the success and strategic importance of the National Technical Textiles Mission (NTTM), which was initiated in 2020 to significantly boost the country's technical textile sector.The strong trade balance is underpinned by substantial export figures, as Indian exports of technical textiles reached ₹ 29,217.60 crore. This success stands against imports totaling ₹ 25,797.40 crore during the same period, positioning the sector favorably in global markets...

Sigma Solve Ltd Announces Board Meeting to Discuss Financial Results and AGM Preparations Sigma Solve Ltd has scheduled a meeting of its Board of Directors to review the company's financial performance and address several key matters related to its upcoming Annual General Meeting (AGM).The Board meeting is set for Friday, July 31, 2026, at 12:30 P.M. (IST) and will be held at the Registered Office of the Company.The agenda for the Board includes discussing the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with a limited review report from the Statutory Auditor. Other items slated for consideration include the draft Director Report and the notice calling the 16th Annual General...

Shankara Building Products Ltd Board Meeting Scheduled to Approve Q1 Financial Results Shankara Building Products Ltd has scheduled a meeting of its Board of Directors to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026.The Board meeting is slated to be held on Wednesday, August 05, 2026. The primary agenda item includes reviewing and approving the financial performance data for the specified period.In line with anticipated corporate activities related to these results, the company has closed the trading window for its securities. This restriction applies to Directors, Promoters, Designated Employees, and Connected Persons. The trading window remains closed from...

Sambhaav Media Limited to Hold 36th Annual General Meeting on August 13, 2026Sambhaav Media Limited has announced that its 36th Annual General Meeting (AGM) is scheduled for Thursday, August 13, 2026. The company utilized Video Conferencing (VC) and Other Audio-Visual Means (OAVM) to facilitate the meeting, which is set to begin at 11:30 a.m. IST.In preparation for the AGM, the complete details of the Annual Report for Financial Year 2025-26 and the associated meeting notice are available online. Shareholders can access these documents through designated web links provided by the company.The Notice of the 36th AGM and the Annual Report for Financial Year 2025-26 can be accessed via the following specific web links:DocumentWeb...

Ambuja Cements Reports Sustainable Q1 FY'27 Performance, Highlights Operational Excellence and Capacity Expansion Plans Ambuja Cements Limited, part of the Adani Portfolio and ranked as the world's ninth largest cement company, reported robust performance for the first quarter ended June 30, 2026. The results demonstrated a focus on value-led growth and operational excellence across the consolidated operations.The company achieved a sequential cost reduction of Rs 206 PMT through focused cost optimization initiatives, improved energy efficiency, and lower clinker factor, despite temporary headwinds arising from geopolitical tensions in West Asia. These efforts resulted in the EBITDA margin expanding sequentially by 331 basis points...

Ministry Banks ₹15 Crore in Technical Textiles Innovation as GREAT Scheme Fuels Startup Surge The Government of India is significantly bolstering the domestic start-up ecosystem through the "Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles" (GREAT) scheme. This targeted initiative, operating under the National Technical Textiles Mission (NTTM), aims to drive rapid commercialization by providing crucial support to innovators, scientists, and technology entrepreneurs.Launched since 2023, the GREAT scheme seeks to translate cutting-edge ideas into market-ready products within the technical textiles sector. It fosters a culture of innovation across various stakeholders, solidifying India’s...

Radico Khaitan Limited Designates Key Executives as Senior Management Personnel Radico Khaitan Limited announced that its Board of Directors approved the designation of two key professionals, Mr. Sudhir Upadhyay and Mr. Kunal Madan, as Senior Management Personnel of the company. The appointment was formalized on July 28, 2026.The designation follows a recommendation from the Nomination, Remuneration and Compensation Committee. Both individuals, who are integral to their respective functional areas, were appointed concurrently as part of this management decision.Mr. Sudhir Upadhyay is currently serving as the Chief Sales Officer of the Company. He brings over 25 years of industry experience and has been with Radico Khaitan for more...

Deep Industries Reports Strong Q1 FY27 Results with Significant Rise in Total Income and Profitability Deep Industries Limited, an integrated Onshore and offshore Oil & Gas Service Provider, announced its consolidated financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), highlighting substantial year-over-year growth across key metrics. The company reported a rise in total income and significant operational execution, affirming its strong position within the energy sector.The company's performance during Q1 FY27 demonstrated robust momentum. Total Income saw an increase of 42.11% Year-on-Year (YoY). Furthermore, EBITDA stood at 131.83 Cr, marking a 38.73% YoY rise. Profit After Tax (PAT) reached 89.14 Cr, which is a...

Ambuja Cements Reports Q1 Results, Highlights Strategic Review and Ongoing Legal Matters Ambuja Cements Limited announced the unaudited financial results for the quarter ended June 30, 2026, across both its Standalone and Consolidated operations. The company provided detailed insight into its performance while managing several major corporate actions, including acquisitions, amalgamations, and long-standing litigation.The Board of Directors reviewed and approved the financial results at a meeting held on July 28, 2026.Financial Performance Highlights (Q1 FY27) Standalone Results: For the quarter ended June 30, 2026, Ambuja Cements reported Total Income of 6,563 crore and Total Expenses of 5,937 crore. The company recorded a Profit...

Textile Exports Surge in FY26: Government Initiatives Fuel 1.8% Growth as India Expands Global Reach The Indian textile and apparel sector registered steady growth in the fiscal year 2025-26, driven by significant government support and diversification efforts. Exports of textiles and apparel, encompassing handicrafts, reached ₹3,25,339 crore in 2025-26. This marked a solid increase of 1.8 per cent over the previous fiscal year's exports, which stood at ₹3,19,573.2 crore.The robust performance saw export growth recorded across more than 100 countries, highlighting the industry's deepening global presence. The government has rolled out multiple comprehensive schemes to bolster the sector's competitiveness and ensure export readiness on...

Maharashtra Textiles Sector Surges: ₹167 Crores Invested Under Boosted PLI Scheme The Ministry of Textiles is actively overseeing the implementation of the Production Linked Incentive (PLI) Scheme across India. This scheme is designed to significantly boost the textile sector by promoting investment, improving manufacturing capacities, and encouraging value addition in specialized product segments such as MMF Apparel and Technical Textiles. The initiative aims to enhance the overall competitiveness of the domestic textile industry.PLI Scheme Revamp Fuels MSME Participation To make the PLI Scheme more appealing to prospective investors, key modifications were introduced in October 2025. These changes included expanding the range of...

Government Launches Major Incentives as Schemes Aim to Overhaul India's Textile Landscape The Indian government has rolled out a series of robust schemes and financial incentives designed to significantly uplift the nation's textile industry. These comprehensive initiatives span various sectors, including handlooms, handicrafts, and large-scale technical textiles. The move aims to address structural gaps within the sector and enhance its overall global competitiveness.Key initiatives include the Production Linked Incentive (PLI) Scheme for Man-Made Fibre (MMF) fabrics, the National Technical Textiles Mission (NTTM), and SAMARTH-Scheme focused on capacity building. These programs are tailored to boost large-scale manufacturing while...