Latest Announcements

Power Grid Corporation of India Limited has been declared as a successful bidder under Tariff Based Competitive Bidding (TBCB) for a project to establish an Intra-State Transmission System in Maharashtra. The project involves the establishment of a new 765/400 kV GIS Pune West Sub-station and the construction of 765kV and 400kV transmission lines. This is the tenth transmission system project secured by Power Grid under TBCB in FY 2026-27, with cumulative Annual Transmission Charges of ₹7,863.63 Crore.

GEE Ltd has announced that its bank facilities have been upgraded and reaffirmed by Infomerics Ratings Limited, with the long-term rating upgraded to IVR BBB/Stable from IVR BBB- / Stable and the short-term rating upgraded to IVR A3 + from IVR A3.

UCO Bank's Q2 FY27 earnings call transcript reveals a 18.81% year-on-year growth in total business, with gross advances growing 24.70% and total deposits growing 14.36%. The bank's profitability has improved, with operating profit growing 16.04% and net profit growing 26.77% year-on-year. The bank's asset quality has also improved, with gross NPA ratio reducing 60 basis points to 1.96% and net NPA ratio improving 25 basis points to 0.18%.

UCO Bank has announced its Q2 FY27 earnings, with total business reaching Rs.6,37,280 crore, a growth of 18.81% year-on-year. The bank's gross advances grew by 24.70% year-on-year, reaching Rs. 2,87,690 crore, and total deposits grew by 14.36% year-on-year, reaching Rs.3,49,590 crore. The bank's profitability has improved, with operating profit growing by 16.04% and net profit growing by 26.77% year-on-year. The bank's asset quality has also improved, with gross NPA ratio reducing by 60 basis points to 1.96% and net NPA ratio improving by 25 basis points year-on-year.

Varroc Engineering Ltd has announced a joint venture with Forsee Power SA, France to expand its electric mobility portfolio and develop advanced battery-pack solutions. The joint venture will operate in India and will focus on battery packs for three-wheelers, with a roadmap to address two-wheelers, light commercial vehicles, buses, trucks, off-highway and industrial vehicles.

Varroc Engineering Limited has formed a joint venture with Forsee Power SA, France to expand their electric mobility portfolio and develop advanced battery-pack solutions in India.

Punjab National Bank (PNB) has announced its unaudited reviewed financial results for the quarter ended 30th September 2026, showing a 12.8% increase in net profit to ₹ 5,532 Crore compared to ₹4,904 Crore in the same period last year. The bank's net interest margin improved to 2.58% from 2.50% in the previous quarter. The bank's global business grew by 11.9% year-over-year to ₹31,18,434 Crore, while its deposits registered a growth of 9.9% to ₹ 17,77,240 Crore. The bank's gross non-performing assets (GNPA) declined by ₹ 6,153 Crore to ₹ 34,190 Crore, and its net non-performing assets (NNPA) declined by ₹ 713 Crore to ₹ 3,313 Crore.

Punjab National Bank has announced its unaudited financial results for the quarter and half-year ended September 30, 2026, showing a 12.8% increase in net profit to ₹ 5,532 Crore. The bank's key highlights include a 12.8% increase in net profit, a 2.58% global net interest margin, and a 17.95% capital adequacy ratio.

Varroc Engineering Ltd has approved the acquisition of a 45% stake in Forsee Power India Private Limited, a company engaged in the business of manufacturing, assembly, testing, and validation of battery pack systems for electric mobility applications.

Punjab National Bank has released its unaudited financial results for the quarter/half-year ended September 30, 2026, showing a net profit of ₹ 5,532 Cr, a 12.8% YoY increase, and a return on assets (ROA) of 1.05%. The bank's global business, deposits, and advances have also shown positive growth.

Punjab National Bank has released its unaudited financial results for the quarter/half-year ended September 30, 2026, showing a net profit of ₹ 5,532 crore, a 12.8% YoY increase. The bank's return on assets (ROA) was 1.05%, and its book value per share - tangible was ₹ 111.94. The bank's asset quality improved with a gross NPA of 4.09% and net NPA of 0.46%. The bank's global business, deposits, and advances showed growth of 11.9%, 9.9%, and 14.7% YoY respectively.

Urban Company Ltd announced its financial results for Q2 FY27, with revenue up 41% YoY to ₹537 Cr. and core Adjusted EBITDA more than tripling. The company also approved a fresh capital raise of up to ₹2,500 Cr. to invest in InstaHelp and pursue inorganic opportunities.

Bajaj Housing Finance Limited has announced its Q2 FY27 results, surpassing the ₹ 1.5 Lakh crore AUM milestone, driven by strong and diversified growth. The company reported a 25% YoY growth in disbursement and a 25% YoY growth in AUM, with a PAT of ₹ 980 Cr and an annualized ROA of 2.2% and ROE of 12.7%. The company also reported a stable asset quality with GNPA of 29 bps and NNPA of 12 bps.

Bajaj Housing Finance Ltd has announced its Q2 FY27 results, surpassing the ₹ 1.5 Lakh crore AUM milestone, with a 25% YoY growth in disbursement and 25% YoY growth in AUM. The company reported a PAT of ₹ 980 Cr, with an annualized ROA of 2.2% and ROE of 12.7%. Asset quality remained stable with GNPA of 29 bps and NNPA of 12 bps.

Urban Company Ltd reported a strong Q2 FY27 with 39% YoY growth in NTV to ₹1,432 Cr., 41% YoY growth in revenue to ₹537 Cr., and 103% YoY growth in orders delivered to 15.1 million. The company received board approval to raise fresh capital up to ₹2,500 Cr. and is on track to achieve its targets, with Adjusted EBITDA breakeven expected by Q3 FY28 and ₹1,000 Cr. by FY31.

Embassy Office Parks REIT has achieved a global industry-leading score of 100% for its Development portfolio in the GRESB 2026 assessment, ranking #1 in the Asia office peer group for the third consecutive year. It has also retained the highest 5-Star GRESB rating for both Development and Standing Investments portfolios.

Adroit Infotech Ltd has entered into a non-binding agreement to acquire a majority equity stake in Verso Altima Group d.o.o., a prominent business integrator and digital solutions provider headquartered in Zagreb, Croatia. The transaction is projected to reach an estimated $23-25 Million USD (approximately Rs. 225-250 Crores) in consolidated revenue.

Urban Company Limited has announced its Q2 FY27 financial results, with revenue up 41% YoY to ₹537 Cr, and core Adjusted EBITDA more than tripling to ₹30 Cr. The company has also approved a fresh capital raise of up to ₹2,500 Cr.

Adroit Infotech Limited has entered into a non-binding agreement to acquire a majority equity stake in Verso Altima Group d.o.o., a business integrator and digital solutions provider headquartered in Zagreb, Croatia. The acquisition is expected to increase the company's revenue to $23-25 Million USD (approximately Rs. 225-250 Crores).

Urban Company Limited has announced its Q2 FY27 results, with consolidated business growth of 39% YoY, revenue growth of 41% YoY, and adjusted EBITDA of ₹144 Cr. The company has also received board approval to raise fresh capital up to ₹2,500 Cr. and is on track to achieve its targets, with adjusted EBITDA breakeven expected by Q3 FY28 and ₹1,000 Cr. by FY31.