Business – Page 194 – THE ECONOMIC INDIA

20 Nov

Globtier Infotech Limited Reports Steady H1 FY26 Result, Revenue Reaches INR 4,239 Lakh and PAT Stands at INR 313 Lakh

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New Delhi [India], November 20: Globtier Infotech Limited (BSE: GLOBTIER | INE12P601017), a leading provider of customized IT and software solutions specializing in application development and managed IT & SAP support services, has announced its unaudited financial results for H1 FY26. Particulars (₹ In Lakh) Standalone Consolidated H1 FY26 H1 FY25 H1 FY26 H1 FY25 Revenue From Operations 4,214.19 4,128.12 4,239.35 4,128.12 EBITDA 764.91 586.51 742.19 586.51 EBITDA Margin 18.15% 14.21% 17.51% 14.21% PAT 340.37 299.35 313.28 299.35 PAT Margin 8.08% 7.25% 7.39% 7.25% EPS (₹) 2.86 2.65 2.63 2.65 During the first half of FY26, Globtier Infotech Limited continued…

20 Nov

Tressa Doors Launches Its Latest Range of Premium Engineered Doors to Match the Modern Interiors

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Tressa Doors unveils its latest range of premium doors. New Delhi [India], November 18: Tressa Doors, owned by Badgujar and Lamba LLP, has recently launched its latest range of premium, engineered wooden, and designer doors to match modern-day spaces. These doors offer long-term reliability and durability with an emphasis on modern-day aesthetics, making them an ideal choice for homes, interior designers, and architects. These doors stand apart because of the high-quality and premium materials used in its making that ensure that they withstand daily use, wear and tear, and scratches while retaining their strength for years. The durability of these…

20 Nov

Micro Mitti unveils enhanced Airport Kiosk, strengthening brand presence among high-value travellers under its campaign – IndoreSeBharat Tak

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Indore (Madhya Pradesh) [India], November 19: Micro Mitti, Bharat’s first proptech real estate co-investment company, has redefined investor engagement through its pioneering initiative at Devi Ahilyabai Holkar Airport, Indore. This strategic activation is designed to propel brand reach by engaging high-net-worth individuals, corporate travellers, and potential investors via premium media and innovative touchpoints. Positioning itself as a hub where homegrown opportunities fuel wealth creation, Micro Mitti’s arrival terminal installations spotlight Indore under the theme “The Wealth Engine of MP”, connecting passengers to the city’s entrepreneurial spirit, growth, and excellence. The technical deployment includes precisely at conveyor belt zones, and at…

20 Nov

Captain Polyplast Receives INR 8 Cr Solar Pump Order from MSEDCL

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Rajkot (Gujarat) [India], November 20: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar EPC, has received an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 300 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the PM Kusum B Scheme. The order valued at ₹8.17 Cr (including GST) marks a significant step for the company under the “Magel Tyala Saur Krushi Pump” Yojana, involving the supply and installation of 300 off-grid solar water pumping systems within 60 days. This order…

20 Nov

ABS Commences Charter Deployment of vessel “M.V. Ocean Diamond” for L&T

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Mumbai (Maharashtra) [India], November 20: ABS Marine Services Limited (NSE: ABSMARINE), is one of the leading maritime companies offering comprehensive services in Ship Management, Vessel Ownership, Marine and Port Services, has commenced a charter hire contract for its vessel M.V. Ocean Diamond with M/s. Larsen & Toubro Limited. New Vessel Deployment Contract Contract Awarding Entity: M/s. Larsen & Toubro Limited, India Nature & Scope of the Contract: Charter Hire of an Offshore Supply Vessel Contract Value: Around ₹26.07 Cr, (inclusive of GST) Vessel Category: DP-2 Platform Supply Vessel (PSV) – M.V. Ocean Diamond Contract Commencement & Tenure: Effective 17 November…

20 Nov

Forbes India Recognises Innocule as a Key Shaper of India’s Industrial Future in DGEMS 2025

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Bhubaneswar (Odisha) [India], 20 November 2025: Innocule Materials & Additives Pvt. Ltd., a company known for turning scientific insight into practical industrial solutions, has been named to the Forbes India DGEMS 2025 Select 200, a recognition celebrating emerging Indian enterprises with strong global potential, clear vision, and measurable impact. The Forbes India | D Globalist Entrepreneur Mobility Summit (DGEMS) is a distinctive platform that brings together founders and companies poised to scale across borders. The Select 200 list highlights organisations demonstrating sharp problem-solving ability, forward-thinking leadership, and the capacity to influence the future of their sectors. This recognition places Innocule among a group…

20 Nov

Delta Autocorp Limited Posts Strong Performance in H1 FY26, Recording 37 Percent Revenue Growth; EBITDA Margin at 11 Percent and PAT Margin at 8.21 Percent

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Kolkata (West Bengal) [India], November 20: Delta Autocorp Limited (NSE: DELTIC), an emerging player in the India’s electric mobility segment, announced that it has submitted its Standalone and Consolidated Unaudited Financial Results for the half year ended September 30, 2025. The results, along with the Limited Review Report, were approved by the Board of Directors. Key Financial Highlights Particulars H1 FY2025-26 H1 FY2024-25 YoY Growth Total Income ₹ 43.45 Crore ₹ 30.88 Crore ↑ 40.70 % Profit Before Tax (PBT) ₹ 4.61 Crore ₹ 3.77 Crore ↑ 22.27 % Profit After Tax (PAT) ₹ 3.46 Crore ₹ 2.86 Crore ↑…

19 Nov

AMIC Forging Delivers a Stellar H1 FY26. EBITDA surges 53.61% YoY, Marking a Powerful Leap in Profitability

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New Delhi [India], November 19: AMIC Forging Limited, one of India’s leading manufacturers of open forgings, has delivered a strong H1 FY2026 performance driven by focused execution in specialised forging. Revenue grew 4.57% YoY to ₹6658.04 Lakhs, but the standout metric was profitability. EBITDA surged 53.61% YoY to ₹1822.85 Lakhs, expanding margins to an impressive 27.38%. With its capex program now nearing completion despite minor weather delays, the company is gearing up for its next phase of accelerated growth. AMIC’s Director, Mr Anshul Chamaria, highlighted, “We have made significant investments in machinery, people, and technical know-how. We have worked diligently…

19 Nov

NIT Kurukshetra Launches Its First Monthly E-Magazine ‘HORIZON’ Under the Visionary Leadership of the Director

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New Delhi [India], November 19: The National Institute of Technology (NIT) Kurukshetra proudly announced the launch of its first institutional e-magazine, HORIZON, marking a historic step toward strengthening alumni engagement, documenting campus activities, and celebrating the institute’s academic and cultural vibrancy. The inaugural edition has been released under the leadership of Prof. B. V. Ramana Reddy, Director, NIT Kurukshetra, whose vision for enhanced alumni-student-faculty collaboration forms the foundation of this initiative. He emphasized the importance of unified growth and lauded the efforts of the entire team in bringing this publication to life. The initiative also received valuable support from Prof.…

19 Nov

NAR India Announces Game-Changing Tie-Up with NEO

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Mr Christian Calusa, Founder & CEO of NEO, and Mr Tarun Bhatia, Vice Chairman of NAR India, seal the MoU with a handshake at NAR NXT Houston. New Delhi [India], November 19: The National Association of Realtors (NAR-India) has formalised a new partnership with New Estate Only (NEO) during NAR NXT Houston. This agreement opens direct access for NAR India members to one of the largest and fastest-growing segments in the U.S. real estate market—new-construction homes, which account for more than 33% of U.S. residential sales. Highlights: Complimentary NEO access for all NAR India members Direct visibility into U.S. new-construction inventory Training, webinars,…