Markets

Dynacons Reports Q1 FY2027 Results; Lands Landmark RBI Cloud Mandate and Sees Strong Revenue Visibility Dynacons Systems & Solutions Limited, a leading IT infrastructure and digital transformation company, announced its Unaudited Consolidated Financial Results for the first quarter of Fiscal Year 2027 (Q1 FY2027), which ended June 30, 2026. The results, approved by the Board of Directors on August 13, 2026, highlighted sustained delivery momentum and major contract wins across critical financial and government sectors.The company's performance in Q1 FY2027 was anchored by execution on its robust order book and strong demand from BFSI (Banking, Financial Services, and Insurance) institutions and the government. Key milestones included...

Valecha Engineering Announces Key Board Appointments and Releases Financial Results for Quarter Ended June 30, 2026 Valecha Engineering Limited has announced several key outcomes from its recent Board meeting, including the appointment of a new independent director, along with the release of unaudited financial results for the quarter ended June 30, 2026. The company also provided updates on its subsidiary operations and strategic investments.The Board meeting approved the appointment of Ms. Sheuli Sandeep Mujharjee as a Non-Executive and Independent Director, effective August 13, 2026. Operational appointments detailed at the board level included M/s PAMSP & Associate Chartered Accountant as the Internal Auditor for the financial...

Jindal Poly Films Limited Announces FY2026 Results: Standalone Audit Unqualified, Consolidated Statement Receives Qualified Opinion Jindal Poly Films Limited has announced its audited financial results for the Fourth Quarter and Financial Year ended March 31, 2026. The company's Board of Directors approved the results following the conclusion of a meeting held on August 13, 2026.The company reported varied outcomes across its standalone and consolidated financial statements. While the Statutory Auditors issued an Unmodified opinion on the Standalone Audited Financial Results for the year ended March 31, 2026, they provided a Modified (qualified) opinion on the Consolidated Audited Financial Results.Standalone Performance Snapshot...

Manali Petrochemicals Reports Consolidated Income of Rs 288.49 Crore for Quarter Ended June 30, 2026 Manali Petrochemicals Limited (MPL), a leading petrochemical manufacturer and part of AM International, Singapore, announced its Unaudited Financial Results for the quarter ended June 30, 2026, today. The company reported a consolidated income of Rs 288.49 crore for the period.The results reflected steady performance despite market volatility in West Asia, attributed to improved product realizations and effective management of its product portfolio given prevailing market dynamics. MPL noted that standalone profitability benefited from disciplined commercial execution and focused sourcing initiatives.Financial Performance Snapshot...

Lloyds Engineering Works Secures Rs 200 Crore Loan from Tata Capital for Steel Infra Solutions Acquisition Lloyds Engineering Works Limited has finalized a loan agreement with Tata Capital Limited, securing financial assistance amounting to Rs 200 Crore. The funds are earmarked for the proposed acquisition of equity shares in Steel Infra Solutions Company Limited (SISCOL).The transaction was completed on August 13, 2026, and the agreement details detail the financial structure supporting Lloyds Engineering Works' strategic move into acquiring stakes in SISCOL.Lloyds Engineering Works Limited secured a Rs 200 Crore loan from Tata Capital Limited to fund the purchase of equity shares of Steel Infra Solutions Company Limited. The...

Dhanuka Agritech Reports Demise of General Manager Export Dhanuka Agritech Limited has reported the sad demise of Mr. Raghunath Duvvuri, which categorized him as Senior Management Personnel for the company. The passing occurred on August 13, 2026.The unexpected passing of Mr. Raghunath Duvvuri marks an irreparable loss to the company. Directors and employees at Dhanuka Agritech conveyed their sympathy and condolences to his family following the news.Mr. Raghunath Duvvuri held the position of General Manager (Export) at Dhanuka Agritech Limited. His demise on August 13, 2026, is noted as a change in personnel status within the organization.Key details regarding this organizational change are summarized below:DetailInformation...

Kilitch Drugs Reports Quarterly Results for Q2 FY26; Standalone and Consolidated Performance Details Kilitch Drugs (India) Limited released its Unaudited Financial Results for the quarter ending June 30, 2026. The company reported key financial metrics across both standalone and consolidated segments, detailing performance against previous periods.Standalone Financial Highlights For the quarter ended June 30, 2026, Kilitch Drugs recorded a Total Income of 4,445.96 Lakhs. Net Sales from operations stood at 4,091.20 Lakhs, complemented by Other Income of 354.76 Lakhs.Total Expenses for the quarter amounted to 3,751.16 Lakhs, including Cost of Materials Consumed (2,024.54 Lakhs), Employee Benefit Expenses (352.50 Lakhs), and Other...

Madhucon Projects Limited Announces Q3 Financial Results and Approves Key Board Appointments Madhucon Projects Limited has announced its unaudited financial results for the quarter ended June 30, 2026, following a meeting of its Board of Directors. The Board meeting, held on August 13, 2026, approved the Q3 performance alongside several key corporate appointments and set dates for upcoming shareholder meetings.The company also announced the appointment of new members to its board and specialized roles. Mr. Shankara Rao Kadambala was appointed as an Independent Director effective immediately, with a tenure of five years until August 12, 2031, pending shareholder approval at the Annual General Meeting (AGM). Furthermore, Mr. Prithvi...

SBI MF Surges into Urban Company, Securing Additional 2% Stake Amid Global Investor Divestment On August 13, the market witnessed significant institutional activity in the home and beauty services sector. SBI Mutual Fund successfully acquired an additional equity stake in Urban Company (UC) through open market transactions, signaling strong confidence in the company's future trajectory.Urban Company shares saw considerable volatility before eventually closing 1.65 percent higher at Rs 141.34 on the National Stock Exchange (NSE). This rally followed a period of heavy institutional interest and shifts in ownership structure within UC.SBI Mutual Fund Acquires Stake as Global VCs Divest Shares The acquisition involved SBIMF purchasing...

SEBI Study Reveals Massive Anchor Selloff: FPIs Explode as Biggest Sellers in IPO Market A comprehensive study released by the Securities and Exchange Board of India (SEBI) reveals a sharp trend of anchor investor divestment following initial public offerings (IPOs). The findings show that anchors, who commit large blocks of shares before listing, have sold nearly half of their aggregate allotments within one year. Foreign Portfolio Investors (FPIs) stand out as the most aggressive sellers in this trend.The study examined 242 IPOs listed between April 2022 and October 2025, analyzing anchor allotment data across several time points to gauge short-term versus long-term holding behaviour. The results indicate a steady escalation of...

VMS TMT Limited reports Q1 FY27 results, showing revenue growth supported by integrated manufacturing VMS TMT Limited, a Gujarat-based manufacturer of TMT Bars and Billets, has announced its Unaudited Financial Results for the first quarter of FY27, which ended June 30, 2026. The company reported revenue growth, driven by enhancements in operational efficiency and strengthened manufacturing integration across its operations.The results reflect a positive start to FY27. VMS TMT Limited's integrated capabilities, including established distribution networks and in-house billet production, were highlighted as key factors supporting the performance during the quarter.Financial Performance Snapshot (₹ Lakhs) The company reported specific...

Balaji Telefilms reports Q1 FY27 Results: Films Segment Drives Revenue Growth Despite Market Headwinds Balaji Telefilms Limited has announced its unaudited financial results for the first quarter of Fiscal Year 2027, ending June 30, 2026. The company reported a consolidated top line of ₹ 240.3 crores, showing significant growth compared to Q1 FY26, with Profit Before Tax (PBT) standing at ₹ 28 crore.The results reflect the strength of the Films segment, which contributed heavily to the quarter's revenue, despite some market challenges faced by other business units. The company is focusing on building a strong Intellectual Property (IP)-driven content pipeline across various platforms and formats.Q1 FY27 Financial Snapshot...

Zetwerk Files UDRHP for Massive IPO as Technology Firm Eyes Rs 2,600 Crore Fresh Issue Raise Technology-led contract manufacturing platform Zetwerk is aggressively advancing its Initial Public Offering (IPO), having filed an Updated Draft Red Herring Prospectus (UDRHP) on August 13. The filing marks a significant step toward the company's proposed listing, aiming to raise up to Rs 2,600 crore through a fresh issue.The IPO documents were previously submitted to the Securities and Exchange Board of India (SEBI) in April 2026 under confidential filing. SEBI granted clearance on July 9, allowing Zetwerk to confidently proceed with its planned public offering. The company will also have an Offer For Sale (OFS) component comprising up to...

Jindal Poly Announces Quarterly Results for Q2 FY26 and Schedules 14th Annual General Meeting Jindal Poly Investment and Finance Company Limited finalized several key corporate actions during its Board meeting, approving the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also announced the schedule for its 14th Annual General Meeting (AGM).The board meeting included approval of the comprehensive Business plan for the period, alongside critical statutory documentation. The Board's Report, which incorporates the Corporate Governance Report and Management Discussion and Analysis (MD&A) for the Financial Year ended March 31, 2026, was among the approved items.In terms of...

Krsnaa Diagnostics Reports 22% Revenue Growth in Q1 FY2027 as Rajasthan Pathology Network Goes Live Krsnaa Diagnostics Ltd., an integrated diagnostic service provider, announced its unaudited financial and operational results for the quarter ended June 30, 2026. The company reported a 22% year-on-year growth in revenue from operations, reaching ₹2,355 million.The strong performance was driven by continued expansion in established business lines and contributions from newly commissioned projects across the network. Like-for-like projects saw approximately 12% YoY growth during the quarter.Q1 Financial Performance SnapshotMetric (in Rs. Million)Q1 FY2027Q1 FY2026Revenue from Operations2,3551,930EBITDA588524EBITDA Margin...

Kridhan Infra Limited Approves Q2 Financial Results, Reports Accumulated Losses and Eroded Net Worth Kridhan Infra Limited has announced the approval of its Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The results were approved by the Board of Directors at a meeting held on August 13, 2026.The company's standalone financial statements have been subject to an Independent Auditor's Limited Review Report. This review noted that Kridhan Infra Limited has accumulated losses in past years, leading to the full erosion of its net worth. Despite this setback, management has prepared the financial results on a going concern basis, noting that future business prospects and cost reduction measures...

IRM Energy Limited Appoints Ashish Maheshwari as Chief Financial Officer Amid Leadership Transition IRM Energy Limited has announced significant changes in its senior management structure, approving the appointment of Mr. Ashish Maheshwari as the new Chief Financial Officer (CFO), effective August 14, 2026. This transition follows the relinquishment of his post by Mr. Arunkumar Saluru, who was previously serving as CFO and Key Managerial Personnel (KMP).Mr. Arunkumar Saluru ceased his role as Chief Financial Officer and KMP at the close of business hours on August 13, 2026. According to company records, he will continue to be associated with IRM Energy Limited in a senior capacity, taking the position of Vice President Finance &...

Ritco Logistics Announces Q1 Unaudited Results for June 30, 2026; Profit Reported Across Both Consolidated and Standalone Statements Ritco Logistics Limited has released its unaudited financial results for the quarter ending June 30, 2026. The Board of Directors reviewed and unanimously approved these results, which detail the company's performance across both consolidated and standalone segments. The financial statements were audited by M/s Mittal and Associates Chartered Accountants.Consolidated Financial Performance The un-audited consolidated results show the company’s revenue and expenditure against various previous periods. For the quarter ending June 30, 2026, the Company reported a total income of 36,678.80 (Rs. in Lakh)...

GB Global Limited Approves Q2026 Financial Results; Notes on Merger Proceedings GB Global Limited released its unaudited financial results for the quarter ended June 30, 2026, with both standalone and consolidated statements reflecting profitability across core operations. The Board of Directors reviewed these results alongside limited review reports. The company also provided an update on the progress of its proposed amalgamation with its holding company, Dev Land & Housing Private Limited.The results for the quarter ended June 30, 2026, were approved by the company's Board and prepared in accordance with Indian Accounting Standard 34 (Ind AS). Management noted that no current tax expense or provision was recognized due to...

Tiger Logistics Secures ₹8.8 Crore Contract from HPCL for Specialized Air Cargo Transport Tiger Logistics (India) Limited, a provider of international logistics solutions, has secured two significant air import contracts with Hindustan Petroleum Corporation Limited (HPCL). The business, valued at approximately ₹8.8 crore, involves the transportation and end-to-end management of specialized project cargo destined for Visakhapatnam.The contracts mandate Tiger Logistics to handle the complete logistics chain for the specialized cargo arriving from international origins. The total consignment stands at 310 MT of goods, which will be moved using three chartered flights. The cargo originates from France (80 MT) and Saudi Arabia (210 MT)...