Markets

Sanofi India Secures GST Refund of Rs 1,32,93,535 After Authority Order Sanofi India Limited has received a significant order from the Deputy Commissioner, Central Goods & Service Tax, Division - IV, Margao-Goa. The company was granted a refund totaling Rs 1,32,93,535, following an application related to GST refunds.The decision addresses the initial concern that the refunded amount might be adjusted against an outstanding demand of Rs 75,63,190. According to the details provided by Sanofi India Limited, the proposed adjustment of the outstanding demand has been dropped, allowing the full refund amount to be sanctioned. The order was received by the Company on August 12, 2026.Key financial and operational details regarding this...

Vishnusurya Projects Announces Q1 Unaudited Results; Revenue Hits Over ₹600 Crore Vishnusurya Projects and Infra Limited has released its unaudited financial results for the quarter ended June 30, 2026, revealing strong performance across both standalone and consolidated entities. The company also provided details regarding the utilization of proceeds raised through its preferential allotment.The Board of Directors reviewed and approved the Unaudited Standalone and Consolidated Financial Results as well as the Statement of Deviation or Variation in the use of proceeds from the Preferential Allotment, during a meeting held on August 12, 2026.Standalone Performance Snapshot (Q ended June 30, 2026) For the quarter ending June 30, 2026...

Visagar Polytex Reports Unaudited Financial Results for Q1 FY27; Key Line Items Detailed Visagar Polytex Limited has released its unaudited financial results for the quarter ended June 30, 2026. The company provided a detailed statement of standalone unaudited financial results alongside an Independent Auditor's Limited Review Report concerning the performance metrics across the first quarter of fiscal year 2027.The financial statements cover key areas including revenue from operations, expenses, and earnings per share for the specified period.Financial Performance Snapshot (Amounts in Lakhs) The company's financial position for the quarter ended June 30, 2026, is detailed across several metrics. The following table provides a...

Finkurve Financial Services Limited Reports Utilization of Non-Convertible Debenture Proceeds Finkurve Financial Services Limited provided a statement detailing the use of funds raised through non-convertible debentures (NCDs) for the quarter ending June 30, 2026. The report covers the fund raising activities and notes that there is no deviation or variation regarding the utilization of these proceeds.The company undertook fundraising through NCDs across three tranches in May, June, and June 2026. Each allotment totaled Rs. 199 crore. These debentures were allotted on May 14, 2026, June 16, 2026, and June 29, 2026.The statement addressed the objects for which funds were raised. The original object was focused on the lending business...

Manaksia Coated Metals Announces 16th Annual General Meeting and Makes Annual Report Available Manaksia Coated Metals & Industries Limited has announced that its 16th Annual General Meeting (AGM) will be held on September 03, 2026. The meeting is scheduled for Thursday at 11:30 a.m. IST and will be conducted via Video Conferencing (VC) or other Audio-Visual Means (OAVM).The AGM is set to transact the business outlined in the Notice dated July 14, 2026. Shareholders can access the Notice of the AGM and the Annual Report for the Financial Year 2025-2026 through various platforms.For shareholders who are unable to receive electronic copies of the notice and report via registered email, Manaksia Coated Metals has provided a specific web...

SIL Investments Approves Unaudited Financial Results for Quarter Ended June 30, 2026 SIL Investments Limited approved the Un-Audited Financial Results, both Standalone and Consolidated, for the quarter ending June 30, 2026. The Board of Directors held a meeting on August 13, 2026, to consider and approve these financial statements, along with the corresponding Limited Review Report.The company's core business activity falls within a single primary segment: 'Investments and financing Activities,' meaning there are no other reportable segments under Ind AS 108. The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors.Standalone Financial Results Snapshot The Un-Audited Standalone Financial...

LG Electronics India Delivers Strongest Quarterly Growth Since Listing; Revenue Up 15.5%, PAT Up 27.2% LG Electronics India Limited (LGE India) reported strong financial results for the first quarter of FY27, achieving the company's strongest quarterly growth since listing. The brand saw revenue from operations rise by 15.5%, while profit after tax (PAT) surged by 27.2%. Profitability expanded significantly, driven by a rich premium mix and improved operating leverage across all business segments.The financial summary for Q1 FY27 reflects robust growth company-wide:Particulars Q1 FY27 Q1 FY26 YoY GrowthRevenue from operations (INR Billion) 72.33 62.63 +15.5%EBITDA (INR Billion) 9.04 7.16 +26.2%EBITDA margin (%) 12.5 11.4...

BHEL Signs Strategic Agreement with Hystar AS for PEM Electrolyser Systems in Green Hydrogen Projects Bharat Heavy Electricals Limited (BHEL) has entered into a Strategic Collaboration Agreement (SCA) with M/s Hystar AS, Norway. The agreement focuses on supplying and developing PEM Electrolyser Systems specifically for the growing green hydrogen projects market. This move strengthens BHEL’s capabilities in this advanced segment of the clean energy sector.The collaboration involves a strategic tie-up aimed at powering the nascent green hydrogen industry in India. Details regarding the partnership, including the area and scope of the agreement, have been outlined by BHEL.A key objective of this SCA is to enable the phased...

Unihealth’s UMC Hospitals Treats Complex Pancreatic Necrosis Using Advanced Minimally Invasive SurgeryMumbai: Unihealth Hospitals Limited has highlighted its advanced surgical capabilities in Navi Mumbai after successfully treating a severe case of walled-off pancreatic necrosis. A 33-year-old man from Turbhe received treatment at UMC Hospitals, Nerul, following a complication arising from acute pancreatitis.The patient initially presented with symptoms including upper abdominal pain, vomiting, and fever, leading to a diagnosis of pancreatitis. He also manages Type 1 diabetes and high cholesterol. Despite stabilizing after the initial illness required two weeks of hospitalisation elsewhere, his condition persisted for nearly 12...

Kridhan Infra Limited Receives Show Cause Notice from SEBI Regarding Financial Reporting and Director Disclosures Kridhan Infra Limited has received a Show Cause Notice (SCN) dated August 12, 2026, issued by the Securities and Exchange Board of India (SEBI). The notice relates to alleged non-compliance with various provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The SCN initiates adjudication proceedings under relevant sections of the SEBI Act, 1992, and is intended to inquire into potential contraventions concerning financial statements and corporate disclosures.The alleged violations cover multiple areas relating to statutory reporting and compliance. The details of the alleged...

Max Healthcare Q1 Revenue Reaches ₹2,982 Cr; Network Operating EBITDA Rises 15% YoY Max Healthcare Institute Limited (MHIL) announced its financial and operational results for the first quarter of FY27, ended June 30, 2026. The company reported Gross Revenue of ₹2,982 Cr, marking a 16% year-over-year (YoY) growth, while Network Operating EBITDA stood at ₹704 Cr, reflecting a 15% YoY increase.The results reflect the combination of organic growth and significant strategic acquisitions across the network.Financial Performance Snapshot The financial health of the company showed steady improvement across core metrics in Q1 FY27. Key performance indicators for the network are detailed below:Metric Q1 FY27 (Three months ended June 30...

SKF India Reports Q1 FY 2026-27 Results, Driven by Demand Across Automotive Segments SKF India Limited, a provider of bearing solutions for the automotive industry, announced its financial results for the first quarter ended June 30, 2026 (Q1 FY 2026-27). The company reported significant growth in revenue, underpinned by demand across both domestic and export markets.For the quarter, SKF India recorded Revenue from Operations of INR 5,877.9 Million, marking a 27.1% increase year-on-year (YoY). EBITDA stood at INR 1,003.9 Million. Profit Before Tax (PBT) was reported at INR 837.8 Million, compared to INR 631.5 Million in the same quarter of the previous year.This sales momentum was attributed to broad-based demand within key...

Gorani Industries Ltd Announces Quarterly Results: Reports Loss of 22.67 Lakhs for Q ended June 30, 2026 Gorani Industries Limited has released its standalone unaudited financial results and a limited review report for the quarter ending June 30, 2026. The company's Board of Directors reviewed and approved these results during a meeting held on August 13, 2026.The company’s business operation falls under a single segment: Kitchen Ware.For the quarter ended June 30, 2026, the company reported a total income of 518.51 Lakhs. However, operational expenses led to a profit loss of 22.67 Lakhs for the period.The results show varied performance across different metrics compared to previous periods. Revenue from operations stood at 517.04...

Equippp Announces Board Meeting Outcomes and Q2 Financial Results; Strategic Appointments Confirmed Equippp Social Impact Technologies Limited (EQUIPPP) announced key outcomes of its Board of Directors meeting held on August 12, 2026. The meeting covered operational reviews, strategic appointments, and the approval of financial results for the quarter ended June 30, 2026.The board approved several leadership changes and professional service re-appointments intended to guide the company's future trajectory.Strategic Appointments and Leadership Changes The Board confirmed the re-appointment of key members for subsequent terms. Dr. Narendra Mairpady was re-appointed as an Independent Director for a second consecutive term of five...

New Light Industries Ltd Announces Unaudited Financial Results for Quarter Ending June 30, 2026 New Light Industries Limited (formerly known as New Light Apparels Limited) has announced its unaudited financial results for the quarter ending June 30, 2026. The results were reviewed by NGMKS & Associates and approved by the Board of Directors on August 13, 2026.The company's operational performance during the quarter showed varied results when compared against previous periods, as detailed in the unaudited statement for the Standalone results.Key figures from the Statement of Unaudited Standalone Result are presented below (amounts are in Rs. In Lakh).Particulars As at June 30, 2026 (Un-Audited) As at March 31, 2026 (Audited) As...

Kanani Industries Reports Quarterly Results: Net Profit Turns Negative in Continuing Operations Kanani Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026, detailing performance across both standalone and consolidated segments. The company reported a net profit (loss) from continuing operations of (Rs. 3.85 Lakhs) on a consolidated basis, while the standalone entity recorded a net loss of (Rs. 11.90 Lakhs).The results cover key operational metrics, showing significant expenditure against revenue in certain areas.Consolidated Financial Performance Highlights For the quarter ending June 30, 2026, Kanani Industries reported total income of Rs. 6,428.85 Lakhs from operations and zero other...

Rajeev Kumar Sinha Appointed as Director at Apollo Tyres Limited Apollo Tyres Limited has appointed Mr. Rajeev Kumar Sinha as a Whole-time Director, categorized as an Additional Director, effective from August 13, 2026. This appointment was made following the Board of Directors meeting, based on the recommendation of the Nomination and Remuneration Committee.Mr. Sinha will serve in this role for a period of five years, which is subject to the approval of the Shareholders through Postal Ballot. He has been appointed as the Chief Manufacturing & Sustainability Officer.Profile and Experience The appointment brings Mr. Sinha, who holds over 36 years of experience in leadership roles across various industries. He previously joined Apollo...

Birla Estates Enters Navi Mumbai Market with Vashi Redevelopment Project Valued at ₹2,600 Crores in Revenue Birla Estates Pvt. Ltd., a wholly owned subsidiary of Aditya Birla Real Estate and part of the Aditya Birla Group, has announced its strategic entry into the Navi Mumbai market through the redevelopment of Shiv Sai Co-operative Housing Society in Vashi. The project, undertaken jointly with an affiliate of Priyanka Group, a reputed developer in Navi Mumbai, holds a total revenue potential of approximately ₹2,600 crores.The development focuses on prime real estate within Vashi and covers a land parcel spanning 3.06 acres (approximately 12,382 sq.mts). The project is slated to deliver premium and luxury residences. Its advantageous...

Supreme Power Equipment Approves Q2 Results and Reconstitutes Board Committees Supreme Power Equipment Limited announced key corporate governance changes, including the appointment of a new director and the resignation of a non-executive director. The company also reported its unaudited financial results for the quarter ended June 30, 2026, across both standalone and consolidated formats. Management also confirmed the status of funds raised from the Preferential Issue of Convertible Warrants.Board Decisions and Personnel Changes During a meeting held on August 13, 2026, the company's Board of Directors approved several significant business matters.The board took on record the resignation of Mr. Devaraja Iyer Krishna Iyer, who...

ADS Diagnostics Ltd Approves Unaudited Financial Results for First Quarter of FY27 ADS Diagnostics Limited has released its unaudited standalone financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results at a meeting held on August 13, 2026.The company operates in the business of "Trading of diagnostic medical consumables & electronic consumables, servicing of medical equipments & machines," and maintains a single reportable segment according to Ind AS 108 "Operating Segments."Financial Performance Snapshot (All figures in Rs. Lakhs) The financial statement details provide insights into operating income, expenses, and profitability for the quarter ended June 30, 2026, compared against...