Markets

Digitide Solutions Reports Quarterly Financial Results for Q1 2026; Net Profit stands at 29.33 Million
Digitide Solutions Reports Quarterly Financial Results for Q1 2026; Net Profit stands at 29.33 Million Digitide Solutions Limited announced its Unaudited Financial Results for the quarter ended June 30, 2026, covering both Consolidated and Standalone performance. The results were reviewed by Deloitte Haskins & Sells, which issued an unmodified review conclusion on the interim financial statements.The Company's Board of Directors considered and approved these results during a meeting held on July 27, 2026.Consolidated Financial Performance For the quarter ended June 30, 2026, Digitide Solutions reported total income of 7,793.99 million in its consolidated results. Total expenses for the period stood at 7,684.80 million. The Company...
Indus Towers Reports Q1 Results for June 2026, Citing Strong Operating Cash Flow and Expanding Infrastructure Footprint
Indus Towers Reports Q1 Results for June 2026, Citing Strong Operating Cash Flow and Expanding Infrastructure Footprint Indus Towers Limited delivered its results for the first quarter (Q1) ended June 30, 2026, showcasing operational growth alongside a focused investment strategy. The company reported total revenue of Rs 84,311 million, with profits after tax reaching Rs 17,490 million, while maintaining a robust operating free cash flow.The results reflect the continued scaling of Indus Towers' infrastructure portfolio across India’s telecommunications sector. As of June 30, 2026, the company owned and operated 267,611 macro towers with 432,250 macro co-locations spanning all 22 telecommunication Circles in India. The average sharing...
Kitex Garments Limited Shareholders Approve Scheme of Arrangement in Meeting on July 24, 2026
Kitex Garments Limited Shareholders Approve Scheme of Arrangement in Meeting on July 24, 2026 Kitex Garments Limited announced that its shareholders and unsecured creditors granted approval for the proposed Scheme of Arrangement involving Kitex Childrenswear Limited and Kitex Garments Limited. The resolutions were passed during meetings held via video conference (VC) on Friday, July 24, 2026.The meeting was convened pursuant to an order by the National Company Law Tribunal (NCLT). The approvals relate to a Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited, as per applicable provisions of the Companies Act, 2013.Equity Shareholder Voting Results The resolution regarding the Scheme was put to vote by...
Sahaj Solar Limited Board Approves Reports, Reconstitutes Key Committees After Director Resignation
Sahaj Solar Limited Board Approves Reports, Reconstitutes Key Committees After Director Resignation Sahaj Solar Limited held a board meeting on July 27, 2026, where it approved the Annual Report for the financial year ended March 31, 2026, and made significant changes to its internal committees following the resignation of a Non-Executive Director. The Board also scheduled the company's 17th Annual General Meeting (AGM) and appointed an external scrutinizer for the meeting’s e-voting process.The Board noted the resignation tendered by Mr. Sureshchandra Naharsinh Rao from his position as Non-Executive Director, effective July 27, 2026. Mr. Rao cited personal reasons for stepping down.Committee Reconstitution Approved Following the...
Navin Fluorine Secures Captive Renewable Power and Commits Investment in Expansion Projects
Navin Fluorine Secures Captive Renewable Power and Commits Investment in Expansion Projects Navin Fluorine International Limited has entered into significant Amendment Agreements designed to secure captive power generation and enhance its sustainability initiatives. The agreements involve Pro-Zeal Green Power Eleven Private Limited (SPV), facilitating both increased renewable energy supply and a strategic investment by the company.The first agreement is a Power Supply and Offtake Amendment Agreement with Pro-Zeal Green Power Eleven Private Limited (SPV). This amendment extends the existing arrangement, which originally covered 6.60 MW of captive hybrid wind and solar power at the Company's Surat Unit. The expanded scope now includes...
Capri Global Capital Limited Releases Quarterly Financial Results; Reports Strong Consolidated Performance
Capri Global Capital Limited Releases Quarterly Financial Results; Reports Strong Consolidated Performance Capri Global Capital Limited announced its unaudited financial results for the quarter ended June 30, 2026, providing details on both consolidated and standalone performance. The Board of Directors reviewed the results, which were subject to an unmodified opinion from Joint Statutory Auditors regarding the Limited Review Report.The company's operations are centered in fund-based financing activity, with subsidiary entities contributing to its overall financial strength across various segments.Consolidated Financial Highlights (Quarter Ended June 30, 2026) The consolidated figures indicate substantial total income for the...
KOSPI Plunges 8.1% as AI Spending Fears and China's Rising Tech Threat Hammer Chipmakers
KOSPI Plunges 8.1% as AI Spending Fears and China's Rising Tech Threat Hammer Chipmakers The South Korean stock market saw a sharp downturn on Tuesday, with the benchmark Kospi plunging 551 points or 8.1% to close at 6,2505. The steep decline was driven by heightened concerns surrounding the future profitability of massive AI spending and increased competition from China in the technology sector.The volatility led to sidecar trading curbs being imposed on both the Kospi and the junior Kosdaq index, temporarily halting programme trading as investors grappled with declining sentiment across the semiconductor industry.Semiconductor Sell-Off Amplifies Market Pressure The pressure extended well beyond memory chipmakers. SK Hynix...
Oswal Agro Mills Approves Key Management Appointments Including CFO and Independent Director
Oswal Agro Mills Approves Key Management Appointments Including CFO and Independent Director Oswal Agro Mills Limited has approved several key appointments at its Board of Directors meeting held on July 27, 2026. The company appointed Mrs. Srishti Agarwal as Company Secretary and Compliance Officer, Mr. Rahul Khadriya as an Additional Independent Director, and Mr. Vikas R Sharma as Chief Financial Officer (CFO).The company also appointed M/s Anuj Gupta & Associates as the Secretarial Auditor for two terms: one to fill a casual vacancy and another for a term of five consecutive years.Leadership Changes in Key Roles Mrs. Srishti Agarwal was approved as the Company Secretary and Compliance Officer, effective July 27, 2026. This...
Lords Chloro Alkali Limited Achieves High Financial Performance in Q1 FY27
Lords Chloro Alkali Limited Achieves High Financial Performance in Q1 FY27 Lords Chloro Alkali Limited, a leading producer of various chemicals in India, announced its financial results for the quarter ended June 30, 2026. The company reported robust operational and financial growth during the first quarter of Fiscal Year 2027 (FY27), culminating in record quarterly figures across Total Income, EBITDA, and Profit After Tax (PAT).Q1 FY27 Key Financial Highlights The results reflect significant improvements driven by enhanced operating efficiencies and favorable market dynamics for the chemicals sector. The company's key financial performance metrics are detailed below:MetricQ1 FY27 (Rs. Cr)Q1 FY26 (Rs. Cr)YoY %Q4 FY26 (Rs. Cr)QoQ%...
Digitide Returns to Profitability in Q1 FY27; Revenue Rises 5.3% YoY
Digitide Returns to Profitability in Q1 FY27; Revenue Rises 5.3% YoY Bengaluru: Digiide Solutions Limited, an AI-first digital transformation partner for global enterprises, has reported its financial results for the first quarter of Fiscal Year 2027 (Q1 FY27) ended June 30, 2026. The company announced that it returned to profitability in Q1 FY27, with revenue rising 5.3% year on year to ₹775.1 Cr.The results reflect a disciplined focus on profitable growth. Reported Profit After Tax (PAT) stood at ₹2.9 Cr, marking a positive turnaround after two quarters and reflecting improved earnings quality.Key highlights from the quarter include:Tech & Digital (T&D) revenue grew 20.3% year on year to ₹237.4 Cr, contributing 30.6% of total...
Customs Adjudicating Authority Issues Demand Order Against InterGlobe Aviation; Company Plans Legal Contest
Customs Adjudicating Authority Issues Demand Order Against InterGlobe Aviation; Company Plans Legal Contest InterGlobe Aviation Limited has received an order from the Principal Commissioner of Customs, New Delhi, concerning a demand based on the revised classification of goods. The company is contesting this adjudication and intends to take appropriate legal remedies against the order.The communication was received by the airline on July 27, 2026, covering the period from April 2020 to March 2024. According to InterGlobe Aviation Limited, it had correctly classified the goods at the time of import and deposited the applicable Customs duty, a stance backed by external advisors.The order passed by the customs adjudicating authority...
Akme Fintrade Launches Green Finance Platform AKME GreenX to Bolster EV and Renewable Energy Financing
Akme Fintrade Launches Green Finance Platform AKME GreenX to Bolster EV and Renewable Energy Financing Akme Fintrade (India) Limited, an RBI-regulated NonBanking Financial Company (NBFC), has partnered with Finayo to introduce AKME GreenX - Powered by Finayo. This dedicated Green Finance platform is designed to support the financing needs of the Electric Mobility and Renewable Energy sectors across India.The partnership leverages Akme Fintrade's established lending expertise alongside Finayo's AI-powered digital lending platform. The combination aims to deliver faster, technologically advanced financing solutions tailored for sustainable industries.AKME GreenX is set to expand access to Green Finance, actively supporting the growing...
Happiest Minds Reports Q1 FY27 Results: Revenue Up 96.4%, Adjusted PAT Reaches ₹8,052 Lakhs
Happiest Minds Reports Q1 FY27 Results: Revenue Up 96.4%, Adjusted PAT Reaches ₹8,052 Lakhs Happiest Minds Technologies Limited has reported its financial results for the first quarter of fiscal year (FY) 27, alongside details on operational performance and business diversification. The company's Q1 FY27 results reflect consistent growth across core service lines, demonstrating strong market positioning in AI-First delivery models.Financial Performance Highlights For the quarter ended June 30, 2026 (Q1 FY27), Happiest Minds recorded a Total Income of ₹65,220 Lakhs, showing a 4.9% increase compared to Q4 FY26 and a 12.5% rise year-over-year (YoY). Operating Margin stood at 17.5%, with EBITDA reaching ₹14,129 Lakhs, marking a strong...
CCL Products Announces Q1 Results and Fixes Dividend Record Date
CCL Products Announces Q1 Results and Fixes Dividend Record DateCCL Products (India) Limited has approved its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors also resolved to hold the company's Annual General Meeting (AGM) and fixed the record date for the final dividend payout.The company announced that it will pay a final dividend of Rs. 3/- per equity share, noting that the nominal value of the share is Rs. 2/- each. The record date for this dividend payment has been set as September 01, 2026. Furthermore, the AGM is scheduled for September 08, 2026, which will be conducted through a Video Conference or other Audio Visual Means.The Board meeting concluded several key approvals, including...
TVS Motor Company Acquires Shares from Lucas-TVS, Increasing Stake in TVS Credit Services
TVS Motor Company Acquires Shares from Lucas-TVS, Increasing Stake in TVS Credit Services TVS Motor Company Limited has completed a significant acquisition that strengthens its foothold in financial services. The company acquired 1,13,37,297 equity shares of TVS Credit Services Ltd (TVSCS) from Lucas-TVS Limited on July 27, 2026.The purchase, which involved cash consideration, was made for an aggregate cost of Rs. 711 Cr. This transaction represents 4.39% of the paid-up share capital in TVSCS. With this acquisition, TVSM's ownership stake in TVSCS is set to increase from 80.76% to 85.15%, based on a fully diluted basis.The strategic move is intended to consolidate the Company's stake in TVSCS by acquiring shares held by other...
Oswal Greentech Limited Appoints Key Managerial Personnel and Secures Long-Term Auditor
Oswal Greentech Limited Appoints Key Managerial Personnel and Secures Long-Term Auditor Oswal Greentech Limited has made several significant appointments following the outcomes of its Board of Directors meeting held on July 27, 2026. The company approved key changes in its management structure and appointed senior professionals to critical compliance and advisory roles, including a new Company Secretary and an Independent Director.The Board approved the appointment of Mr. Harshendra Mandloi as the Company Secretary and Compliance Officer, effective July 27, 2026. This appointment follows Mrs. Purva Jhanwar ceasing to hold the said office, which occurred with effect from May 6, 2026. Mr. Mandloi holds Membership No. A81271 and is an...
Tamilnad Mercantile Bank Achieves Strong Q1 Start, Reporting 34.97% Surge in Net Profit
Tamilnad Mercantile Bank Achieves Strong Q1 Start, Reporting 34.97% Surge in Net Profit Tamilnad Mercantile Bank Limited (TMB), an established Old Private Sector Bank with a history spanning 104 years, reported robust Unaudited Financial Results for the Quarter Ended June 30, 2026. The results reflect broad-based growth and disciplined execution across various business segments, according to the bank.The Board of Directors approved the results at a meeting held in Thoothukudi on July 27, 2026. Shri. Salee S Nair, Managing Director and CEO of TMB, stated that the first quarter of Fiscal Year (FY)27 marked a positive beginning for the bank.TMB currently maintains a pan-India presence, serving over 5.3 million satisfied customers...
Everest Industries Approves Voluntary Winding-up of Mauritian Subsidiary, Simplifies Group Structure
Everest Industries Approves Voluntary Winding-up of Mauritian Subsidiary, Simplifies Group Structure Everest Industries Limited has approved the voluntary winding-up of its wholly owned subsidiary, Everest Building Products, based in Mauritius. The decision was made by the company's Board of Directors during a meeting held on July 27, 2026.The move is intended to simplify the overall group structure. Everest Building Products operates as a wholly owned subsidiary of Everest Industries in Mauritius.The company stated that the winding-up of this subsidiary will not impact the revenue, business operations, or profitability of Everest Industries Limited.Financial parameters related to Everest Building Products (EBP), as reported in...
Zaggle Prepaid Secures Strategic Three-Year Pact with Daimler India Commercial Vehicles
Zaggle Prepaid Secures Strategic Three-Year Pact with Daimler India Commercial Vehicles Zaggle Prepaid Ocean Services has signed a significant three-year agreement with Daimler India Commercial Vehicles (DICV). This partnership solidifies Zaggle’s presence in the commercial fleet management space. The company is set to introduce its comprehensive financial tools to DICV's vast network of fleet partners.The core of the deal involves providing DICV's associated entities with the exclusive use of the Zaggle ZatiX and Corporate Credit Card Programme. This contract addresses the specialized needs of large commercial vehicle fleets in India. The commencement date for this focused engagement is set for July 28.Locking Down Long-Term...
Cineline India Reports Strong Q1 FY27 Performance; Revenue Jumps 28% Amid Operational Gains
Cineline India Reports Strong Q1 FY27 Performance; Revenue Jumps 28% Amid Operational GainsCineline India Limited, identified as one of the fourth largest film exhibition players in India, has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported robust growth across key metrics, including a significant rise in revenue and profitability.The Q1 FY27 results reflect strong operational momentum, supported by continued audience engagement and effective execution. Total Revenue stood at INR 6,002 lakh in the quarter, marking a 28% increase compared to Q1 FY26. Earnings before Interest, Depreciation, and Amortization (EBITDA) saw an exceptional increase of 106%, reaching INR 605 lakh.The...
Back
Top