Latest Announcements

Indian Metals & Ferro Alloys Ltd reported record revenue and robust financial performance in Q1 FY27, driven by higher volumes and firm prices. The company's Greenfield Expansion Project at Kalinganagar is on track, and it has signed a long-term offtake arrangement for additional 65 MWp hybrid renewable energy.

TruAlt Bioenergy Limited has announced its unaudited financial results for the quarter ended June 30, 2026, with a revenue of close to INR630 crores and a PAT of close to INR4.5 crores. The company has also announced plans to increase its capacity utilization by another 20% to 25% and has secured viability gap funding of INR150 crores from the Government of India.

Belrise Industries Ltd submitted an investor presentation on the acquisition of India Tipper body business of Hyva (india) Pvt. Ltd. The acquisition is on a slump sale basis via a Business Transfer Agreement. The presentation highlights the benefits of the acquisition, including a leading European commercial vehicle OEM being added to Belrise's customer base, and the potential for increased revenue and EBITDA.

Supreme Petrochem Ltd reported Q1 FY27 earnings, with revenue from operations at INR 1693 crores, a 22% YoY growth. EBITDA stood at INR 331 crores, with a strong growth of 188% YoY, and net profit after tax was at INR 236 crores.

RITES Ltd declared 1st Interim dividend for FY 2026-27 at ₹ 1.40 per share (14% of paid-up share capital). The record date is August 10, 2026, and the dividend will be paid on or before September 2, 2026.

Belrise Industries Ltd has acquired the Tipper Body Business of Hyva India Private Ltd for approximately USD 5.65 million, with an EV/EBITDA multiple of 3.60x. The acquisition strengthens Belrise's position as a Tier-0.5 supplier in the commercial vehicle ecosystem and expands its capabilities in the commercial vehicle segment.

Styrenix Performance Materials Ltd declared an interim dividend of Rs 23 per equity share for FY 2026-27, with a record date of August 10, 2026. The company also approved the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, along with a Limited Review Report from the Auditors.

Mankind Pharma Ltd's Q1FY27 earnings conference call transcript is available on the company's website, with overall revenue increasing to INR4,031 crores, up 13% year-on-year, and EBITDA margin improving by 250 bps year-on-year to 26.3%.

Styrenix Performance Materials Ltd has declared an interim dividend of Rs. 23 per equity share for FY 2026-27, with a record date of August 10, 2026. The company has also approved its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026.

Belrise Industries Ltd has approved the acquisition of India Tipper body business of Hyva (India) Pvt. Ltd on slump sale basis for USD 5.65 million (approximately INR 543.88 million).

Systematic Industries Ltd has acquired a Galvanized Iron (GI) Wire manufacturing facility located at Siltara, Chhattisgarh, enhancing its capacity by 48% and expanding its presence in Central India.

Styrenix Performance Materials Ltd has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, with a net profit of INR 137.32 crores and an earnings per share of INR 78.09. The company has also declared an interim dividend of Rs. 23 per equity share.

Keystone Realtors Ltd announced its unaudited financial results for Q1FY27, with a 72% revenue growth, highest-ever Q1 profit after tax (PAT) with 221% YoY PAT growth, and EBITDA margin expanding to 21.3%. The company recorded pre-sales of INR 6.17 bn, collections of INR 5.99 bn, and operating cash flows of INR 0.68 bn. Keystone Realtors added 2 new projects with an estimated GDV of INR 5.47 bn and has a strong launch pipeline with an estimated GDV of INR 80 bn planned across the MMR over the coming quarters.

United Foodbrands Ltd reported strong Q1 FY27 results with 43.4% YoY revenue growth, driven by 63.5% YoY dine-in volume growth and 61.9% YoY delivery revenue growth. The company added 5 new restaurants in Q1 FY27, taking its total network to 266 restaurants, and is on track to reach 300+ restaurants by FY27 and 400-425 by FY30.

Purple Wave Infocom Ltd has executed a Letter of Intent with Hyundai Motor India Limited for a long-term Hardware (Digital Advertising Kiosk/Standee) and Content Management Service (SaaS) engagement. The indicative Total Contract Value is Rs. 14.94 Crore spanning over 5 years.

Styrenix Performance Materials Ltd has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026, with a profit before tax of INR 186.70 crores and a net profit of INR 137.32 crores. The company has also declared an interim dividend of Rs. 23 per equity share.

Gulf Oil Lubricants India Ltd has announced its unaudited financial results for the first quarter ended June 30, 2026, with revenue from operations at ₹1,32,035.99 lakhs, a 32.52% year-on-year increase. The company reported a net profit from ordinary activities after tax and exceptional items of ₹12,752.45 lakhs, a 31.93% year-on-year increase. The earnings per share (EPS) before exceptional items was ₹25.76, while the EPS after exceptional items was ₹25.76.

Avenue Supermarts Ltd's MD & CEO, Anshul Asawa, shared his reflections on the company's business model, operational discipline, and customer-first mindset, highlighting the need for sharper execution and operational rigor as the company scales its proven model into more cities.

Intellect Design Arena Ltd announced that Swaziland Building Society has successfully gone live with Intellect's eMACH.ai Treasury suite, marking a critical phase in the institution's transformation into SBS Bank Eswatini.

Saregama India Ltd reported Q1 FY 2026-27 results with 27% YoY revenue growth, 69% YoY growth in Adjusted EBITDA, and 38% YoY growth in PBT. Music revenue grew 39% YoY, driven by licensing, artiste management, and retail. Live events revenue grew 214% YoY, driven by multi-format strategy. Video revenue declined due to pivot away from own film production.