Business – Page 322 – THE ECONOMIC INDIA

16 May

Petro Carbon and Chemicals Limited Enhances Industry Presence with Strategic Infrastructure Expansion

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Mumbai (Maharashtra) [India], May 15: Petro Carbon and Chemicals Limited (PCCL), a large Indian Calcined Petroleum Coke (CPC) sector player, has taken a bold leap toward energy independence and sustainability with the successful commissioning of a cutting-edge 10 MW Waste Heat Recovery-based Captive Power Plant at its Haldia facility in West Bengal. This milestone is part of a larger strategic transformation, as PCCL gears up to expand its product portfolio with the upcoming addition of two new high-value offerings: advanced carbon materials. This will enable the company to serve a broader range of industries and reinforce its position as a…

15 May

Rikhav Securities Closes FY25 with INR 24 Cr Consolidated Net Profit

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New Delhi [India], May 15: Rikhav Securities Limited, (BSE – RIKHAV | 544340), one of the leading diversified stock market services providers has announced its Audited Financial Results for H2 FY25 & FY25. Key Consolidated Financial Highlights FY25 • Total Income of ₹ 327.77 Cr • EBITDA of ₹ 34.50 Cr • EBITDA Margin of 10.53% • Net Profit of ₹ 23.67 Cr • Net Profit Margin of 7.22%% • EPS of ₹ 7.51 Commenting on the financial performance, Mr. Hitesh Lakhani, Chairman & Managing Director, Rikhav Securities Limited said, “This financial year marks an important milestone as our first full year post-listing. While the second half posed challenges due to a sharp correction in midcap and SME stocks, and reduced derivative volumes following regulatory changes by SEBI, we remained focused on long-term value creation and operational discipline.…

15 May

Arkade Developers Consolidated Q4 FY25 Net Profit Grew By 70%

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Mumbai (Maharashtra) [India], May 15: Arkade Developers Limited, (BSE – 544261, NSE – ARKADE) one of the leading real estate development companies focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra, has announced its Audited Financial Results for Q4 FY25 & FY25. Consolidated Key Financial Highlights: Q4 FY25 * Total Income of ₹ 134.34 Cr, YoY growth of 9.10% * EBITDA of ₹ 44.46 Cr, YoY growth of 64.71% * EBITDA Margin of 33.82%, YoY growth of 1186 Bps * Net Profit of ₹ 33.26 Cr, YoY growth of 69.60% * Net Profit Margin of 24.76%, YoY growth…

15 May

Manaksia Coated Metals & Industries Reports ₹790 Cr Total Income & ₹15 Cr Net Profit in FY25

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Mumbai (Maharashtra) [India], May 15: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leadingcoated metal products manufacturer and exporter. Specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms, has reported its Audited financials for Q4 FY25 & FY25. Q4 FY25 Consolidated Financial Highlights • Total Revenue of ₹ 209.85 Cr • EBITDA of ₹ 17.13 Cr • EBITDA Margin (%) of 8.16% • Net Profit of ₹ 5.03 Cr • Net Profit Margin (%) of 2.39% • Diluted EPS of ₹ 0.68 FY25 Consolidated Financial Highlights • Total Revenue…

15 May

Top ratings for LANXESS: CDP recognizes commitment to climate and water protection

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Mumbai (Maharashtra) [India], May 15: The climate protection initiative CDP has honored LANXESS for its outstanding commitment to the fight against climate change. In its current assessment, CDP has given the specialty chemicals company the top grade of “A” in the “Climate” category. This puts LANXESS in the top 2 percent of the more than 24,700 companies evaluated by CDP. The grade “A” is awarded to companies that report particularly transparently and comprehensively on their activities in climate protection and also implement corresponding projects. To do so, they must demonstrate their strategies and measures, such as setting scientifically sound targets…

15 May

Why Local Vendors and SMEs Trust Uncle Delivery for Daily Deliveries

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Bengaluru (Karnataka) [India], May 15: The success of SMEs and local vendors depends heavily on timely and dependable deliveries. Whether it’s a boutique supplying garments to nearby stores or a restaurant delivering fresh produce from local suppliers, logistics plays a crucial role. For these businesses, delivery isn’t just a backend operation, it’s the front line of customer experience. However, not all logistics partners are created equal. Many struggle with rigid scheduling, high costs, or inconsistent service. That’s where Uncle Delivery has carved a unique space, offering flexible, affordable, and SME-friendly logistics solutions across multiple cities in India. Uncle Delivery is more…

15 May

Emerald Finance and Baya PTE Partner to Boost Bill Discounting for SME Suppliers to Large Firms

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Mumbai (Maharashtra) [India], May 15: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE Limited through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management. The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice discounting, Emerald is…

15 May

“FareArena” by Zordo Promises Affordable Flight Bookings with Easy Access and Great Deals

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New Delhi [India], May 16: Nowadays, with the pressure of a busy digital life, budget flights are the priority for tourists. Each day, thousands of people go to Google with questions such as “how to book inexpensive flights,” “where to find last-minute flight deals,” or “what is the best website to compare flight prices.” Many of these questions have an answer in the form of a dependable, cheap flight booking website that provides transparent pricing, simple comparisons, and hassle-free booking experiences. That’s where FareArena has consistently performed—and soon, it will be even better. FareArena, the one-stop shop for searching and…

14 May

Advait Energy Transitions Limited Reports Robust Growth in Q4 and FY25 Financial Results

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Ahmedabad (Gujarat) [India], May 14: Advait Energy Transitions Limited (formerly known as Advait Infratech Limited) has announced its audited financial results for the quarter and financial year ended March 31, 2025, demonstrating substantial growth in revenue and profitability across both its standalone and consolidated operations. For the full financial year FY25, the company’s consolidated revenue from operations reached ₹399.11 crore, marking a sharp increase from ₹208.84 crore in FY24. The total consolidated income stood at ₹406.46 crore. Net profit for the year rose to ₹32.05 crore, up from ₹21.89 crore in the previous year. Earnings per share also improved significantly to…

14 May

Alstone Presents Alcomb Aluminium Honeycomb Panel In Bengaluru, Gaining Positive Feedback

Shruti JoshiBusiness

Bengaluru (Karnataka) [India], May 10: Alstone, India’s leading manufacturer of premium exterior cladding solutions, successfully hosted an exclusive event in Bengaluru to showcase its revolutionary product Alstone Alcomb – Aluminium Honeycomb Panel. The event drew an enthusiastic response from the top architects, façade consultants and industry professionals, reinforcing Alstone’s commitment to innovation and excellence in façade innovations. https://www.youtube.com/embed/HzQKkgRu7u0?si=ZigYBz2tU6swqpI5 Held at Shangrila hotel,Bengaluru the evening spotlighted the unmatched strength, light weight and design flexibility of Alstone Alcomb positioning it as the future of exterior cladding in India. The event featured a live product demonstration, an interactive session with Alstone’s technical experts, and insightful panel discussions on…