Markets

Everest Industries Reports Strong Quarterly Performance, Consolidating Profit at Rs 10,209.34 Lakhs Everest Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026, showing a healthy increase in profit across both consolidated and standalone operations. The company reported a total comprehensive income of Rs 10,295.72 lakhs for the quarter on a consolidated basis.The Consolidated Statement of Unaudited Financial Results reflected robust revenue generation, with Total Income reaching Rs 43,868.28 lakhs during the quarter ended June 30, 2026. The group managed expenses totaling Rs 40,720.84 lakhs. After accounting for exceptional items and tax, the company recorded a profit of Rs 10,209.34 lakhs...

JK Paper Reports Q1 Results: Consolidated Turnover Reaches Rs. 1,998.67 Cr as Profit After Tax Jumps by 63% JK Paper Limited (JKPL), one of India's major Paper and Packaging Solutions companies, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated turnover of Rs. 1,998.67 Cr, marking a 13% increase. Profit after tax (PAT) saw a significant surge of 63%, reaching Rs. 136.27 Cr, while EBITDA stood at Rs. 320.90 Cr, up 18%.The results were highlighted by management, noting that despite the challenging state of the Paper and Board market, improved product mix and higher volumes contributed to a stronger performance during the quarter compared to the previous corresponding...

Wheels India Q1 Performance Highlights: Net Profit Rises to Rs 37 Crore as Revenue Grows 16.8% Chennai, July 27, 2026: Wheels India Limited has reported a strong first quarter for the fiscal year ending June 30, 2026, with its net profit increasing significantly. The company registered a net profit of Rs 37 Crore in Q1, up from Rs 26 Crore in the corresponding quarter of the previous year.Revenues for the quarter also saw robust growth, rising by 16.8% to reach Rs 1,386 Crore, compared to Rs 1,187 Crore recorded during the same period last year. Exports demonstrated particular strength, increasing by 17.3% to Rs 380 Crore from Rs 324 Crore in the previous financial year's first quarter.The consolidated performance metrics for Q1 are...

Mankind Pharma Completes Sale of 100% Stake in Broadway Hospitality Services Private Limited Mankind Pharma Limited announced that it has completed the execution of a Share Purchase Agreement regarding the sale of its entire stake in Broadway Hospitality Services Private Limited.The transaction was finalized on July 27, 2026. Mankind Pharma confirmed the divestment of its 100% stake in Broadway Hospitality Services Private Limited for a cash consideration totaling ₹ 49 Crore, subject to standard closing adjustments.MANKIND Stock Price Movement Mankind Pharma Limited stocks gained on Monday, climbing 2.03% to settle at ₹2551.6 as trading concluded for the session. The equity saw significant investor interest, with a total traded...

Aastha Spintex Reports Robust Financial Performance with FY2026 Results; Receives Unmodified Audit OpinionAastha Spintex Limited has reported its audited standalone financial results for the financial year ending March 31, 2026, showcasing sustained profitability and operational efficiency. The Company's Board of Directors approved these results, which demonstrate robust growth across key performance indicators. Furthermore, M/s S. N Shah & Associates issued an unmodified opinion on the financial statements for the period.The FY 2025-26 results highlight a strong period for Aastha Spintex Limited. The Company recorded Revenue from Operations of ₹352 Crore and achieved a Net Profit of ₹23.8 Crore, leading to an Earnings Per Share...

Emkay Global Financial Services Approves New Subsidiary for Wealth Management Vertical Emkay Global Financial Services Limited has taken a strategic operational step by approving the incorporation of a wholly owned subsidiary dedicated to housing its Wealth Management vertical. The decision was formalized during a Board meeting held on July 27, 2026.The Board evaluated and deliberated upon the new operational structure aimed at enhancing the company's focus and providing greater strategic flexibility across its wealth management segment. By establishing this subsidiary, Emkay Global aims to streamline operations within this key vertical of its business.The corporate approval of this new organizational structure marks a move by Emkay...

Supreme Petrochem Unveils Q1 Results and Plans Rs 325 Crore Expansion for Polystyrene Capacity Supreme Petrochem Limited (SPL) announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company also confirmed a significant expansion plan involving a new polystyrene production line at its Amdoshi Complex, set to boost overall capacity by 80,000 TPA.The Board of Directors held a meeting on July 27, 2026, where the financial results and strategic operational matters were reviewed and approved.Strategic Expansion Details As part of its growth strategy, Supreme Petrochem is developing a new polystyrene line at its Amdoshi Complex. This initiative requires an investment of Rs 325...

Supreme Holdings Secures Amended Commencement Certificate, Pushing Belmac Infinity Project from G+10 to G+13 Supreme Holdings & Hospitality (India) Limited has received an Amended Commencement Certificate (ACC) from the City and Industrial Development Corporation of Maharashtra (CIDCO), regarding its ongoing residential project "Belmac Infinity." This crucial approval permits the construction of three additional floors in the development, significantly revising the project's configuration.The certificate, dated June 9, 2026, was issued by CIDCO for the Navi Mumbai Airport Influence Notified Area (NAINA). The successful acquisition of this amended approval allows Supreme Holdings to elevate the scale of "Belmac Infinity," located in...

Om Infra Limited Secures Major Contract as Lowest Bidder for Chhattisgarh Water Resource Project Om Infra Limited has emerged as the Lowest Bidder (L1) for a significant water resource project in Chhattisgarh, securing a contract valued at ₹ 568.98 Crores. The company was identified as the L1 bidder based on data released by the Water Resources Department (WRD).The commercial infrastructure contract involves the Mohmela Sirpur Barrage Project and all associated works. These duties include establishing the pipe irrigation network, along with five years of operation and maintenance following the completion of construction work on Mahanadi River in Tahsil-Arang, Dist. Raipur, Chhattisgarh.This project represents a major opportunity for...

NTPC Limited Announces 50th Annual General Meeting and Fixes Record Date for Final Dividend NTPC Limited has announced details regarding its 50th Annual General Meeting (AGM) and fixed a record date for shareholders concerning the payment of a Final Dividend for the Financial Year 2025-26.The 50th AGM of NTPC Limited is scheduled to be held on Thursday, August 27, 2026. The meeting will take place at 10:30 a.m. and will be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).In addition to the AGM details, the company announced that Wednesday, September 2, 2026, has been fixed as the Record Date for determining the entitlement of Members for the payment of Final Dividend.The dividend, recommended by the Board...

Godfrey Phillips Reports Q1 FY27 Consolidated Results; Profitability Impacted by Tax Increases Godfrey Phillips India Limited (GPIL) reported its consolidated results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company recorded a Gross Sales Value of Rs 5,676 Crores and achieved a Net Profit of Rs 198 Crores.The company reported that profitability saw a 44% decline compared to the corresponding period last year, citing the steep tax increase implemented in Q4 of FY26 as a major factor impacting industry profitability. Management stated that despite these challenges, domestic cigarette sales volume declined by only 2% during the quarter, reflecting brand resilience and distribution network strength.Financial Highlights...

Bio Medica Laboratories Unveils Audited Financial Results for Fiscal Year Ended March 31, 2026; Board Approves Shareholder Actions Bio Medica Laboratories Limited (formerly Bio Medica Laboratories Private Limited) has announced its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The company's Board of Directors reviewed and approved these outcomes during a meeting held on July 27, 2026.The company also confirmed that it will conduct a Postal Ballot via e-voting to secure approval from members for several critical corporate proposals. A cutoff date for determining membership eligibility to vote has been set as Friday, July 24, 2026.Key Board Decisions and Corporate Proposals During the...

Coal India Limited invests in renewable energy venture CIL Rajasthan Akshay Urja Limited (CRAUL) Coal India Limited (CIL) has made an investment in the Rights Issue of CIL Rajasthan Akshay Urja Limited (CRAUL), a joint venture focused on the development and operation of various power projects within the renewable energy sector. This move is part of CIL’s expansion into green energy initiatives through this newly incorporated entity.CRAUL is a joint venture established between Coal India Limited and Rajasthan Rajya Vidyut Urja Nigam Limited (RVUNL). The company was incorporated on June 9, 2025, to pursue business activities related to renewable power generation.The primary objects of CIL Rajasthan Akshay Urja Limited are the...

Wheels India Reports Un-audited Financial Results for Quarter Ended June 30, 2026 Wheels India Limited has released its un-audited financial results for the quarter ended June 30, 2026. The company reported consolidated revenue from operations of 1,491.00 (Rs. in Crores).The Q1 FY2026 performance showed a Total Income of 1,492.79 in the consolidated segment. Key financial figures across various reporting periods are detailed below:ParticularsConsolidated (Q ended 30.06.26 Un-audited)Consolidated (Q ended 31.03.26 Audited)Consolidated (Q ended 30.06.25 Un-audited)Consolidated (Year ended 31.03.26 Audited)Revenue from Operations1,491.001,564.021,265.505,464.94Total Income1,492.791,572.771,268.615,487.72Net Profit for the...

Craftsman Automation Limited invests in Sterling MH Wind for Renewable Captive Power Procurement Craftsman Automation Limited has committed to securing renewable wind energy for its manufacturing operations by making an investment in Sterling MH Wind Private Limited. The investment allows the company to procure power under a Group Captive framework, thereby supporting its sustainability initiatives and optimizing power procurement costs.The investment involves Craftsman Automation Limited subscribing to equity shares of Sterling MH. This move solidifies the supply chain with Sterling MH and aligns the company’s operational needs within Maharashtra, including its Pune facilities.Through this strategic engagement, Craftsman Automation...

Nitin Castings Announces Voluntary Delisting Offer via Reverse Book Building Process Nitin Castings Limited (NCL) has initiated a voluntary delisting offer for its equity shares, inviting public shareholders to participate through a reverse book building process. The proposal is being conducted by Acquirer-1, Nirmal B Kedia; Acquirer-2, Nitin S Kedia; and Acquirer-3, Citrus Castings Private Limited (collectively the 'Acquirers').The Delisting Offer aims to acquire specific equity shares from public shareholders, allowing the Acquirers and the Promoter Group to achieve complete ownership of NCL.Key Details of the Delisting Offer NCL is currently listed on BSE with Scrip Code 508875. The offer details include:Offer Price: Rs...

Entero Healthcare Solutions Announces 8th AGM and Makes Annual Report Available Entero Healthcare Solutions Limited has announced that its 8th Annual General Meeting (AGM) for the financial year 2025-26 will be held on Wednesday, August 19, 2026. The meeting is scheduled to take place at 12:30 P.M. (IST) and will be conducted via Video Conferencing (VC) or through Other Audio Visual Means (OAVM).The company has also made the Annual Report for FY 2025-26 available online. Shareholders who wish to access the complete details of the Annual Report can find it on the company's website, www.enterohealthcare.com.This notification was directed to members who had not registered their email addresses with the Company or its Registrar and...

Emkay Global Financial Services Approves New Structure for Wealth Management Vertical Emkay Global Financial Services Limited has approved a significant reorganization concerning its Wealth Management vertical, aiming to enhance operational focus and provide greater strategic flexibility across the company.The Board of Directors deliberated upon the new operational structure for the Wealth Management division during a meeting held on July 27, 2026. As part of this strategic review, the Board considered and approved the incorporation of a wholly owned subsidiary that will house the Wealth Management vertical moving forward.This newly adopted corporate structure is intended to provide enhanced focus and improved strategic flexibility...

Lords Chloro Alkali Limited Approves Q1 Results, Changes RTA, and Greenlights Employee Stock Option Scheme Lords Chloro Alkali Limited held its Board of Directors meeting on July 27, 2026, during which it approved the un-audited financial results for the first quarter ended June 30, 2026. The board also ratified several significant corporate decisions, including increasing borrowing limits, changing the Registrar and Share Transfer Agent (RTA), and approving a new Employee Stock Option Scheme.The company's financial performance for the quarter reflected in the statements includes total income of 10,657.00, derived from revenue from operations at 10,634.64 and other income of 236. Expenses totaled 9,028.49, resulting in a profit before...

Shanthala FMCG Products Limited Appoints GuruJana Consulting LLP as New Forensic Auditor Shanthala FMCG Products Limited has announced a change in its forensic audit firm, following the acceptance of the resignation from the previous auditor. The Board of Directors has appointed M/s GuruJana Consulting LLP, Chartered Accountants (LLPIN: ACP-9378), to take over the responsibility for conducting the company's forensic audit.The appointment comes after the Board accepted the resignation of M/s Chaudhary Chaudhary & Co, Chartered Accountants (Firm Registration No: 002910C). The outgoing firm cited pre-existing professional commitments as the reason for their inability to dedicate the necessary time required to conclude the audit within...