Shruti Joshi – Page 4 – THE ECONOMIC INDIA

20 Feb

Post Turnaround Medikabazaar Aims to Raise USD 50 Million to Fuel the Ambition of Billion-Dollar Company

Shruti JoshiBusiness, Press ReleaseMedikabazaar

New Delhi [India], February 20: In a sector where rapid scale has often come at the expense of sustainability, Medikabazaar’s recent turnaround marks a notable shift towards profitability and disciplined growth. Following a period of operational reset and under the leadership of its Group CEO Dinesh Lodha, the company has articulated a credible ambition: to build a billion-dollar enterprise over the next five years, backed by improving fundamentals and renewed investor confidence. The timing aligns with a broader upswing in India’s healthcare sector. The industry is entering a strong capital expenditure cycle, with more than $10 billion in investments projected…

19 Feb

Chandan Healthcare Records Robust 9M FY26 Performance with Rs.203 Cr Total Income; EBITDA Jumps 39 Percent

Shruti JoshiBusiness, Press Release

Lucknow (Uttar Pradesh) [India], February 19: Chandan Healthcare Limited, one of the leading players in North India’s Diagnostics sector, has announced its Unaudited Financial Results for Q3 FY26 & 9M FY26. Consolidated Key Financial Highlights: Key Financial Highlights Q3 FY26 Total Income of ₹ 65.77 Cr, YoY growth of 19.99% EBITDA of ₹ 12.61 Cr, YoY growth of 39.08% EBITDA Margin of 19.17%, YoY growth of 263 BPS Net Profit of ₹ 4.54 Cr, YoY growth of 7.97% Net Profit Margin of of 6.90% Key Financial Highlights 9M FY26 Total Income of ₹ 203.27 Cr, YoY growth of 21% EBITDA of ₹ 42.59 Cr, YoY growth of 38.58% EBITDA Margin of 20.95%,…

19 Feb

Active Clothing Reports Strong Q3 FY26 Performance Revenue Up 17 Percent QoQ to INR 97.36 Cr, PAT Grows 25 Percent QoQ to INR 3.50 Cr

Shruti JoshiBusiness, Press Releaseactive clothing

Mohali (Punjab) [India], February 19: Active Clothing Co limited, (BSE – 541144), India’s one of the leading ‘design-to-shelf’ platform, specializing in flat-knitted sweaters, jackets, and circular-knitted apparel for global fashion brands, has announced its Unaudited Q3 & 9M FY26 Financial results. Key Financial Highlights Key Financial Highlights Q3 FY26 *Total Income of ₹ 97.36 Cr, QoQ growth of 17.03% *EBITDA of ₹ 9.04 Cr, QoQ growth of 22.40% * EBITDA Margin of 9.29%, QoQ growth of 41 BPS * Net Profit of ₹ 3.50 Cr, QoQ growth of 25.18% * Net Profit Margin of of 3.59%, QoQ growth of 23 BPS * EPS of ₹ 2.25,…

19 Feb

Raveum Raises USD 1.3 Million in Seed Funding at USD 22.8 Million Valuation to Scale Cross-Border Investment Platform

Shruti JoshiBusinessRaveum, seed funding, U.S. Real Estate

Mumbai (Maharashtra) [India], February 19: Raveum, a platform enabling cross-border investment in premium U.S. real estate, today announced the successful closure of its seed funding round, raising $1.3 million at a post-money valuation of $22.8 million. The round reflects investor confidence in Raveum’s compliance-led, technology-enabled approach to structured global real estate investing and supports the company’s next phase of expansion. Founded to formalize and simplify U.S. property participation for international investors, Raveum provides access to curated, income-generating U.S. real estate opportunities through multiple ownership structures, including GP participation, LP investments, and direct ownership pathways. The platform is designed to serve…

19 Feb

TMPerfumehouse Expands into Personal Care with Launch of Shower Gels, Beard Balms, Attars, Solid Perfumes, and Soaps

Shruti JoshiBusinessTMPerfumehouse

New Delhi [India], February 19: TM Perfume House, a growing Indian fragrance brand under Fourpirates Ventures LLP, has announced its expansion into the personal care segment. Known for its premium perfumes and fragrance innovations, the company is now introducing a new range of shower gels, beard balms, attars, solid perfumes, and aromatic soaps. The expansion marks a strategic move by TM Perfume House to become a complete fragrance and grooming solutions brand, offering customers long-lasting scent experiences across daily personal care routines. The newly launched product line focuses on high-quality fragrance blends, skin-friendly formulations, and modern grooming needs. The shower…

18 Feb

Celebrating Innovation: Global Business Achievers Awards 2026

Shruti JoshiBusinessGlobal Business Achievers Awards 2026

New Delhi [India], February 18: Corporate Connect Magazine is delighted to announce the winners of the prestigious Global Business Achievers Awards, 2026. The recognition highlights the trailblazers who are redefining the industry norms, driving innovation and inspiring the next generation of entrepreneurs. Their remarkable journeys are a testament to the power of dedication, innovation and hard work to succeed. We are into collaboration with Business Connect, & Business Outline. The Corporate Connect team proudly shines a spotlight on the visionaries, pushing boundaries and setting new industry benchmark. Through this recognition, they aspire to fuel their pursuit of excellence and nurture a growing business atmosphere.…

17 Feb

Markolines Pavement Technologies Ltd. Reports Stellar Earnings for Q3FY26, PAT Jumps 72 Percent QoQ

Shruti JoshiBusinessMarkolines, Markolines Pavement

Mumbai (Maharashtra) [India], February 17: Markolines Pavement Technologies Ltd. (BSE: 543364, NSE: MARKOLINES), a growing infrastructure services company specializing in Highway Operations & Maintenance (O&M), in its board meeting held on February 14, 2026 has approved the audited Financial Results of the Company for the quarter and nine months ended on 31 December 2025. Financial Statement Highlights Particulars (Rs. Crores)* Q3FY26 Q2FY26 QoQ% 9MFY26 9MFY25 YoY% Revenue from Operations 92.95 77.67 20% 243.34 185.92 31% EBITDA 11.62 8.87 31% 28.81 22.42 29% PBT 8.42 5.69 48% 19.30 12.57 54% PAT 7.00 4.08 72% 14.87 10.43 43% * Consolidated financials. Financial Figures &…

13 Feb

Sumeet Industries Delivers Strong Q3 FY26 Performance with 115pc EBITDA Growth and 316 Bps EBITDA Margin Expansion

Shruti JoshiBusinessSumeet Industries

Surat (Gujarat) [India], February 13: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has announced its Unaudited Financial Results for Q3 &9M FY26. Key Consolidated Financial Highlights of Q3 FY26 Total Income of ₹ 267.74 Cr EBITDA of ₹ 16.66 Cr EBITDA Margin of 6.22% PAT of ₹ 9.04 Cr PAT Margin of 3.38% EPS of ₹ 0.18 Key Consolidated Financial Highlights of 9M FY26 Total Income of ₹ 786.83 Cr EBITDA of ₹ 46.09 Cr EBITDA Margin of 5.86% PAT of ₹ 26.88 Cr PAT Margin of 3.42% EPS of ₹ 0.51 Commenting on…

13 Feb

Voler Car Limited Announces Q3 and 9M FY26 Results

Shruti JoshiBusinessVoler Car

Mumbai (Maharashtra) [India], February 13: Voler Car Limited (NSE: VOLERCAR), one of the leading Employee Transportation Services (ETS) providers to prominent corporates and multinational organizations across India, announced its Unaudited financial results for Q3 & 9M FY26. The Company continued to demonstrate strong execution during the period, supported by rising client additions and expanding geographic presence. In December 2025, Voler Car recorded a 75% year-on-year increase in clients billed and nearly 70% growth in locations billed, reflecting deeper market penetration and scalable operations. Monthly revenue stood at ₹4.44 crore, registering 40.5% YoY growth and 8.8% sequential improvement, while operations expanded significantly from 6 cities to 14 cities. Key Financial Highlights – 9M FY26 • Total Income: ₹4,075.06 Lakhs • Profit Before Tax (PBT):…

13 Feb

RDB Infrastructure and Power Ltd. Enters in to LOI with Primarc Projects for INR 73 Cr Contract for Proposed Project

Shruti JoshiBusinessRDB Infrastructure and Power

Mumbai (Maharashtra) [India], February 13: RDB Infrastructure and Power Ltd. (BSE: 533285), a leading player engaged in construction and infrastructure, has announced that it has entered into Non-binding Letter of Intent with M/s Primarc Projects Private Limited for Contract of Sub & Super Structure work for Proposed Project Named “Primarc Aadvika” located at 47 & 48/2 Rajnarayan Roy Chowdhury Ghat Road, Shibpur, Howrah, West Bengal- 711102, India, having total area of 5(five) Lakh sq. ft. The contract amount is INR 73 Crore. The Indian real estate and infrastructure sector continues to demonstrate resilient growth, supported by rapid urbanization, infrastructure-led development, improving…