Markets

Reliance Communications Reports Financial Results Amid Intense Regulatory Scrutiny and Insolvency Proceedings Reliance Communications Ltd (RCOM) has released its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company's finances continue amid ongoing corporate insolvency resolution proceedings, significant litigation concerning telecom licenses, and intense scrutiny from regulatory agencies regarding bank fraud and money laundering allegations.The results reflect complex operational statuses across the group, with the Management reporting all figures on a going concern basis despite defaults in borrowings and pending license renewals.Financial Performance Summary (Quarter Ended June...

Max Financial Services Limited Reports Quarterly Results for June 30, 2026; Life Insurance Segment Drives Revenue Max Financial Services Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company released these figures following a Board meeting held on August 13, 2026.The Board of Directors reviewed and approved the unaudited consolidated financial results, which were also subject to an Independent Auditor's Review Report by S.R. BATLIBOI & Co. LLP.Consolidated Financial Performance For the quarter ended June 30, 2026, the company reported significant revenue from operations, with income derived primarily from life insurance policyholders.Key consolidated figures...

Prerna Infrabuild Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026 Prerna Infrabuild Limited released its unaudited financial results covering both standalone and consolidated figures for the quarter ended on June 30, 2026. The results provide insights into the operational performance of the company and its subsidiaries during the period.The independent auditor’s review confirmed that the accompanying statement of unaudited financial results was prepared in accordance with applicable accounting standards and recognized practices. The consolidated results include Prerna Infrabuild (Subsidiary Partnership Firm having 90% share) and Prenamount Infrabuild LLP (Subsidiary Partnership Firm having 51% share)...

Rajgor Castor Derivatives Limited Schedules Rights Issue Committee Meeting for August 18 Rajgor Castor Derivatives Limited has scheduled a meeting of its Rights Issue Committee to finalize various aspects related to the ongoing Equity Shares rights issue. This meeting follows the Company’s Board of Directors approval of the Rights Issue and the subsequent In-Principle approval received from National Stock Exchange of India Limited (NSE) on August 7, 2026.The Rights Issue Committee meeting is set for Tuesday, August 18, 2026. The agenda includes several critical business matters pertaining to the rights issue of Equity Shares. Members are required to consider and decide upon the right issue price, record date, price entitlement ratio...

Gretex Industries Limited Appointed Official Distributor for Pioneer DJ & Audio Technica Products in West Bengal Gretex Industries Limited has secured a significant distribution partnership with Pioneer DJ & Audio Technica, specializing in professional audio and DJ equipment. The arrangement positions the Kolkata-based company as the official distributor for Pioneer's product range within the state of West Bengal.The collaboration is set to bolster the regional market presence of Pioneer DJ & Audio Technica. This strategic appointment allows Gretex Industries Limited to strengthen its footprint and diversify operations within the specialized professional audio equipment sector, which is noted as a high-demand segment.GRETEX Stock...

Jullundur Motor Agency Announces Q1 2026 Financial Results After Board Approval Jullundur Motor Agency (Delhi) Limited has disclosed its unaudited financial results for the first quarter ended June 30, 2026. The company's Board of Directors reviewed and approved both the Standalone and Consolidated Unaudited Financial Results during a meeting held on August 13, 2026.The Company provided detailed financial statements covering the period, which were subsequently subjected to a Limited Review by statutory auditors.Quarterly Financial Performance Summary (Consolidated) The results for the quarter ended June 30, 2026 reflect the company's operations in the automobile parts and accessories sector. Key performance indicators across both...

Maithan Alloys Limited Board Approves Enhancements to Related Party Transaction Limits and Committee Restructuring Maithan Alloys Limited announced key resolutions passed by its Board of Directors during a meeting held on August 13, 2026. The board considered and approved enhancements to the limit for Material Related Party Transactions (MRPT) with its subsidiary, Maithan Ferrous Private Limited, along with alterations to the constitution of several company committees.The Board granted approval for two distinct MRPT limits concerning transactions with Maithan Ferrous Private Limited. For the Financial Year 2026-2027, the limit was enhanced from Rs 600.00 Crore up to an aggregate amount of Rs 800.00 Crore. Additionally, a limit of Rs...

Solar Industries India Limited Reports Record Q1 FY27 Results, Reaching Highest-Ever Quarterly Revenue and Profitability Solar Industries India Limited (SIIL) has announced its unaudited financial results for the first quarter of fiscal year 2026-27, ending June 30, 2026. The company reported a record performance across revenue, EBITDA, PBT, and PAT, driven by strong growth in its defence and explosives verticals.The quarterly results showcased significant double-digit growth across the board, confirming the resilience of the company's strategic vision.A snapshot of the unaudited financial figures for Q1 FY27 compared to Q1 FY26 is presented below:Financial Metric Q1 FY27 (₹ in cr) Q1 FY26 (₹ in cr) ChangeNet Revenue 3,668...

Galada Power Releases Un-audited Financial Results for Quarter Ended June 30, 2026 Galada Power and Telecommunication Ltd has released its un-audited financial results, which cover the quarter ending June 30, 2026. The company's results were subjected to a "Limited Review" by auditors, who reported that nothing had come to their attention that suggested a material misstatement in the statements prepared in accordance with Indian Accounting Standards (IndAS).The financial performance details for Galada Power and Telecommunication Ltd are presented below, with figures stated in Lakhs.Financial Metric Value (Lakhs)Cost of Materials consumed 2.00Purchase of stock-in-trade 6.00Changes in inventories of finished goods...

Alan Scott Enterprises Releases Q1 FY27 Results; Highlights Capability Building Across Retail, Tech Verticals Alan Scott Enterprises Limited has released its unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported results across four strategic verticals: Living, Works, Next, and Frontier, emphasizing a transition from capability creation to commercialization and scale across its diverse portfolio of businesses.The management perspective highlighted disciplined capital allocation, focusing on building self-sustaining businesses that can scale with improving economics, rather than growth at any cost.Strategic Focus Across Business Verticals Alan Scott Enterprises is structuring...

M K Proteins Approves Un-Audited Financial Results; Reports Director Resignation M K Proteins Limited announced that its Board of Directors approved the unaudited financial results for the quarter ending June 30, 2026. The company also noted the resignation of an Independent Director during the meeting held on August 13, 2026.The management confirmed the approval of these unaudited financials, which were subsequently reviewed by the Statutory Auditor.Financial Highlights for the Quarter Ended June 30, 2026 M K Proteins reported key performance indicators related to revenue and expenditure in its latest results. The company is engaged in the single business activity of manufacturing vegetable refined oils.Key financial figures for...

Market Clarity: RBI Fixes SGB Redemption Price at ₹15,310 as Investors Target Fifth-Year Exit The Reserve Bank of India (RBI) has released crucial details regarding the premature redemption process for the Sovereign Gold Bond (SGB) Scheme. The announcement specifies the redemption price and timeline for investors targeting a fifth-year exit from SGB 2019-20 Series III, which is due on August 14, 2026.The decision provides necessary clarity to investors holding these specific bonds. Premature redemption of the Gold Bonds can be permitted after the completion of five years from the initial issue date. The next available due date for premature redemption for this tranche is set for August 14, 2026.Redemption Eligibility and Timeline...

Praj Industries Posts Quarterly Results; Consolidated Revenue Hits 7,358 Million Praj Industries Limited has announced its un-audited financial results for the first quarter ended June 30, 2026, detailing performance across both standalone and consolidated entities. The Group reported a total income of 7,358.036 million and a total comprehensive income of 122.798 million for the quarter.The consolidated results indicate strong top-line growth, with revenue from operations reaching 7,158.211 million. Total income stood at 7,358.036 million, while total expenses were recorded at 7,147.553 million. This resulted in a profit for the period of 116.055 million. The Group's basic and diluted earnings per equity share (EPS) stood at 0.63...

V R Infraspace Completes Acquisition of 5% Stake in Daxon Realty Limited V R Infraspace Limited has successfully completed the acquisition of a 5% stake in Daxon Realty Limited, which is identified as the company's subsidiary. The transaction was finalized on August 13, 2026, involving a cash consideration.The completion of this acquisition allows V R Infraspace Limited to achieve enhanced managerial and operational oversight, thereby improving the alignment of business strategies and facilitating better integration of operations, governance, and financial management between the parent company and its subsidiary. The company stated that the acquisition is not expected to have any adverse impact on its financial position or operations...

Anchor Exodus Revealed: FPIs Aggressively Liquidate Up to 60% of IPO Holdings While MFs Maintain Patience Post Lock-in SEBI Study Delivers Critical Insights into Anchor Investor Exit Behaviour in Mainboard IPOs A new comprehensive study released by SEBI scrutinizes the exit behaviour of anchor investors across India's mainboard Initial Public Offerings (IPOs) from April 2022 to October 2025. Analyzing data from 242 validated IPOs, the research provides a granular look at who is selling their pre-allotted shares and how that activity impacts market supply over an extended period.The analysis focused on six key holding dates: T+30, T+60, T+90, T+180, and T+365, allowing for a study of not just the mandated lock-in windows but also the...

Sundaram Multi Pap Limited Approves Q1 Results; Re-appoints Directors and Announces 32nd AGM Sundaram Multi Pap Limited (SML) held its Board of Directors meeting on August 13, 2026, where it approved the company’s unaudited standalone financial results for the quarter ended on June 30, 2026. The Board also sanctioned several key re-appointments and governance matters, including positions for the Managing Director and multiple directors.Key appointments confirmed by the board included:Mr. Amrut P. Shah was re-appointed as the Managing Director of the Company for a term of three consecutive years, commencing from April 01, 2027, to March 31, 2030, subject to shareholder approval at the Annual General Meeting (AGM). Mr. Shantilal P...

Technocraft Industries Announces Q1 Results: Consolidated Revenue Stands at 80,496.53 Lakhs Technocraft Industries (India) Limited reported its unaudited financial results for the quarter ended June 30, 2026, encompassing both consolidated and standalone performance. The company's Board of Directors approved the results, which show significant operational figures across its domestic and international operations.The consolidated financial statements reflect a robust income structure, with total revenue from continuing operations standing at 80,496.53 Lakhs for the quarter ended June 30, 2026. Total income stood at 84,535.94 Lakhs, while Net Profit for the Period after tax from Operations was reported at 13,774.95 Lakhs.The financial...

Aartech Solonics Reports Q1 2026 Results; Standalone Profit Hits 119.78 Lakhs Aartech Solonics Limited has released its un-audited IndAS financial results for the quarter ended June 30, 2026. The company's standalone profit for the period stood at 119.78 lakh, while consolidated earnings reached 155.26 lakh. These results were approved by the Board of Directors on August 13, 2026.The results provide insights into the performance across the quarter and show a focus on product mix changes that are aiding profitability trends. The company confirmed that it operates exclusively in India and has determined that its primary business segment is the manufacturing of Electrical Items, Control & Relay Panel, Bus Transfer System...

Awfis Space Solutions Approves Q1 Results, Appoints Abhishek Poddar as Independent Director Awfis Space Solutions Limited announced key decisions following its Board of Directors meeting held on August 13, 2026. The board approved the unaudited financial results (UFRs) for the quarter ended June 30, 2026, and made decisions regarding internal auditing and a new independent directorship appointment.The company’s standalone UFR showed total income of 3,741.11 million and profit for the period from continuing operations at 193.54 million. The consolidated results registered total income of 4,488.75 million against total expenses of 4,244.57 million, resulting in a profit for the period of 239.64 million.The UFRs were reviewed by Walker...

Maithan Alloys Approves Q2 2026 Unaudited Financial Results; Shows Robust Performance Across Operations Maithan Alloys Limited announced that its Board of Directors reviewed and approved the Standalone and Consolidated Un-Audited Financial Results for the quarter ended on June 30, 2026. These results were subject to a limited review by Statutory Auditors, Singhi & Co., Chartered Accountants.The approval was made during a Board meeting held on August 13, 2026. The Standalone Un-Audited Financial Results and the Consolidated Un-Audited Financial Results have been released along with the Limited Review Reports of the auditors.Standalone Financial Performance for Q ended June 30, 2026 The company's standalone operations demonstrated...