Latest Announcements

Belrise Industries Ltd has announced its unaudited financial results for Q1 FY27, with PAT reaching INR1,217 million and total revenue from operations at INR25,465 million, up 13% year-on-year.

Jhaveri Credits & Capital Ltd has received a Letter of Intent from Gujrat Energy Development Agency for the supply, installation, and commissioning of solar rooftop systems for government buildings in Gujarat.

Vaibhav Global Ltd's ESG rating upgraded by ICRA to '75 (Strong)' from '74 (Strong)' due to its focus on sustainability, responsible business practices, and enhanced ESG disclosures.

Jinkushal Industries Ltd's Q1 FY27 earnings call highlights revenue growth, expansion into international markets, and proactive measures to mitigate operational challenges.

UFlex Ltd reported a 38% YoY growth in consolidated revenue to Rs. 53,972 million in Q1 FY27, with EBITDA rising 92% YoY to Rs. 9,198 million and EBITDA margin expanding 480 basis points YoY to 17%. The company's overseas operations contributed 80% of the incremental revenue, with Packaging Films, including chips, contributing Rs. 12,093 million of the incremental revenue.

MM Forgings Ltd reported Q1 FY27 earnings, with total net sales of INR427 crores, EBITDA of INR82 crores, and PBT of INR127 crores. The company saw growth in the U.S. market and a notable jump in machining mix, which accounted for 67% of overall sales.

Sreeleathers Ltd reported a 19.7% increase in revenue and a 138.2% increase in profit after tax for Q1 FY 2026-27, driven by a 25.5% increase in gross margin and a 124.3% increase in operating EBITDA. The company's online channel grew by 103.3% cumulatively over the four-year period, and the franchised network expanded by 36.0% over the same period. The board declared a dividend of ₹2 per share, comprising a ₹1 interim dividend and a ₹1 final dividend.

Jupiter Wagons Limited has announced its Q1 FY27 earnings, with consolidated revenue from operations increasing 46% year-on-year to INR671 crore. EBITDA grew 9% to INR65 crore, and profit after tax stood at INR26 crore. The company has secured fresh orders worth INR264 crore and has entered into a strategic partnership with Lucchini RS of Italy and SIMEST.

Dishman Carbogen Amcis Ltd announced its Q1 FY27 earnings results, with CEO Stephan Fritschi discussing operational updates, sales activities, and business unit performance. The company hired a new Global Chief Commercial Officer, Angela Ameriks, and strengthened its sales force. The SPRINT initiative was successful, and the packaged drug substance product showed high interest from customers. The company also increased interaction between Dishman Carbogen Amcis and Carbogen Amcis, with multiple processes being transferred from Carbogen to Dishman in India.

Manaksia Steels Ltd has deposited the enhanced land premium of Rs. 3,32,50,000/- in favor of Haldia Development Authority, settling and concluding the pending litigation regarding the land situated at Haldia, West Bengal.

Hirect Ltd has announced that Crisil Ratings Limited has reaffirmed its earlier rating for the company's Total Bank Loan Facilities, with a Long Term Rating of Crisil BBB+/Stable and a Short Term Rating of Crisil A2.

Tilaknagar Industries Ltd showcased its Mansion House Brandy and Monarch Legacy Edition Brandy in Times Square, New York, as part of its Independence Day celebrations, reaching over 1.2 million people.

Mamata Machinery Ltd has been granted a patent in India for the technology used in its Quadra 600 machine, strengthening its intellectual property and patent portfolio.

India Nippon Electricals Ltd has released unaudited financial results for Q1FY27, with revenue of INR 22,739 Mn and EBITDA margins of 17.64%. The company has a strong market leadership position in electronic ignition system products and has recently entered the electric vehicle market.

APL Apollo Tubes Ltd has released its Annual Report for FY 2025-26, showcasing a 20% increase in EBITDA and 28% growth in net profit. The company has initiated its most ambitious expansion programme, adding 3 Mn Ton of new capacity, entirely self-funded without any equity or incremental debt. The expansion is designed to compound without cannibalizing existing capacity, with a 10-year CAGR growth of 15% in sales volume, 20% in EBITDA, and 28% in net profit.

IDFC First Bank Ltd has been assigned an Investment Grade Rating by S&P Global Ratings for its Senior Notes, with a long-term issue rating of 'BBB-' and an issuer credit rating of BBB-/Stable/A-3.

Vibhor Steel Tubes Ltd. held an earnings call to discuss its Q1 FY 2027 performance, with Managing Director Vibhor Kaushik highlighting the company's growth and diversification efforts, including the introduction of new products such as highway guardrails and pole and transmission line towers. The company reported strong order bookings across various regions, with a total of 9,200 tonnes of orders for ERW pipes, 2,000 tonnes for ERW steel pipes and galvanizing, and 1,000 tonnes for crash barriers.

Safecure Services Ltd has received orders from leading financial services companies, part of the Bajaj Group and the Poonawalla Group, reflecting growing trust and confidence in the company's offerings and execution track record.

Globus Spirits Ltd has released its Annual Report for the F.Y. 2025-26, highlighting its strong manufacturing platform, expanding consumer business, and premiumisation journey. The Company has achieved significant growth in revenue, EBITDA, and PAT, with a strong presence in Uttar Pradesh and India's largest liquor markets.

Diamond Power Infrastructure Ltd reported Q1 FY27 earnings, with revenue up 129% YoY to INR690 crores, EBITDA up 172% to INR85 crores, and profit up 191% to INR58.5 crores. The company's profit is growing faster than its revenue, indicating operating leverage.