Business – Page 55 – THE ECONOMIC INDIA

15 Aug

Sanjivani Parenteral Limited Reports Q1 FY27 Results; EBITDA stood at Rs. 43.21 Mn with PAT at Rs. 24.91 Mn

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Mumbai (Maharashtra) [India], August 14: Sanjivani Paranteral Limited (Sanjivani, The Company) (BSE: 531569), one of the emerging players in the pharmaceutical and healthcare manufacturing sector, continued to strengthen its operational performance during the year through improved efficiencies, focused execution, and a customer-centric approach across its business segments, and has announced its Unaudited Financial Results for Q1 FY27.K Key Consolidated Financial Highlights Highlights Q1 FY27: Total Income of ₹239.90 Mn, YoY growth of 33.81% EBITDA of ₹43.21 Mn, YoY growth of 61.04% EBITDA Margin of 18.01%, YoY growth of 305 Bps Net Profit of ₹24.91 Mn, YoY growth of 43.94% Net Profit Margin of 10.38%, YoY growth…

15 Aug

Stainless Steel Kitchen Sinks: Why the Sink Is Getting More Attention in Modern Kitchens

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New Delhi [India], August 14: The kitchen sink has traditionally been one of those products homeowners selected towards the end of a kitchen renovation, usually after the cabinets, countertop, appliances and other major fixtures had been finalised. That approach is changing as people spend more time thinking about how their kitchens will actually be used. The sink is where vegetables are washed, utensils are cleaned, cookware is rinsed and ingredients are prepared every day, making it one of the busiest areas in a home. This is one reason the stainless steel kitchen sink continues to remain popular, particularly among households…

15 Aug

Kredily 3.0 Launches KAI, Agentic AI for Payroll and HR, and Expands into AI-Powered Managed Payroll Services

Shruti JoshiBusinessAgenticAI, AIInHR, HRTech, Kredily3Point0, PayrollAutomation

Built on a decade of Indian payroll expertise and experience serving 25,000+ businesses and 1 million+ employees, KAI brings agentic execution to payroll and HR Bengaluru (Karnataka) [India], August 14: As Indian businesses face increasing pressure to manage payroll accurately, remain compliant, and do more with leaner HR teams, Kredily today announced Kredily 3.0, a major evolution of its AI-first HRMS and payroll platform, introducing KAI, an agentic AI designed to execute payroll and HR workflows from plain-language instructions, alongside the launch of its AI-powered managed payroll services business. Unlike conventional HR software assistants that primarily answer questions, retrieve information, or generate summaries, KAI can…

14 Aug

ADISOFT Technologies Honoured with Five Prestigious National Awards at MEI Channel Partner Meet in Vietnam

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Pune (Maharashtra) [India], August 14: Adisoft Technologies Limited (NSE: ADISOFT | INE20PL01012), an industrial digital automation company specializing in automated assembly lines, robotic work cells, smart material handling systems, special purpose machines (SPMs), and Industry 4.0 solutions, has achieved a significant milestone by receiving five prestigious awards from Mitsubishi Electric India (MEI) at its Channel Partner Conference held in Vietnam, recognising the company’s outstanding business performance, technological excellence and contribution to the automation industry during FY25. Five Awards. One Incredible Milestone. A truly proud and memorable moment for ADISOFT Technologies at the Mitsubishi Electric India (MEI) Channel Partner Meet in Vietnam! President’s Global…

14 Aug

Globe Civil Projects Limited Announces Q1 FY27 Results

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Globe Civil Projects Ltd Reports Q1 FY27 Total Income of ₹929Million and PAT of ₹71Million New Delhi [India], August 14: Globe Civil Projects Limited, an EPC-focused infrastructure company, announced its Unaudited standalone and consolidated financial results for Q1FY27. The Company delivered a steady performance during Q1 FY27, supported by disciplined execution across ongoing EPC projects, efficient resource utilization, and continued focus on project delivery. The Company remained focused on strengthening its execution capabilities and maintaining operational efficiency while progressing across its diverse project portfolio. Key Financial Highlights Total Income: ₹929.23 million in Q1 FY27 vs ₹676.98 million in Q1 FY26; YoY…

14 Aug

French Essence Expands Its Premium Fragrance Portfolio with the Launch of ‘Oud Rush’

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Introducing Oud Rush – The New Premium Eau De Parfum by French Essence. New Delhi [India], August 14: Fragrance brand French Essence has announced the launch of Oud Rush, a premium Eau De Parfum created for consumers who prefer rich, distinctive and long-lasting fragrances. Built around agarwood, commonly known as oud, the new fragrance combines warm spices, aromatic notes and a deep woody base to create a scent that is bold yet sophisticated. With Oud Rush, French Essence is expanding its portfolio with a fragrance that places greater emphasis on character, longevity and an elevated overall experience. The launch comes at a time when fragrance…

14 Aug

Khazanchi Jewellers Delivers Stellar Q1 FY27 Performance; Revenue Grows 45% YoY to ₹586 Cr, EBITDA Surges 89% & PAT Jumps 84%

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Chennai (Tamil Nadu) [India], August 14: Khazanchi Jewellers Limited (BSE: 543953), A BSE SME-listed jewellery company progressing towards migration to the Main Boards of BSE and NSE, has announced its Unaudited Financial Results for Q1 FY27. The Company operates across wholesale and retail segments, offering gold, diamond and precious stone jewellery, along with bullion products. Key Financial Highlights Total Income stood at ₹586.36 Cr in Q1 FY27, up 45.20% YoY from ₹403.84 Cr in Q1 FY26 EBITDA stood at ₹39.98 Cr in Q1 FY27, up 89.02% YoY from ₹21.15 Cr in Q1 FY26 EBITDA Margin improved to 6.82% in Q1 FY27 from 5.24% in…

14 Aug

Rathi Steel And Power Reports Strong Q1 FY27 Performance; Revenue Grows 25% YoY To 194 Cr; PAT Rises 85% YoY

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New Delhi [India], August 14: Rathi Steel And Power Limited (BSE – 504903), one of the leading players in stainless steel long products and TMT bars, has announced its Unaudited Financial Results for Q1 FY27. Key Financial Highlights Total Income of ₹ 193.67 Cr, YoY growth of 24.63%EBITDA of ₹ 7.77 Cr, YoY growth of 24.83%EBITDA Margin of 4.01%PAT of ₹ 3.48 Cr, YoY growth of 84.56%PAT(%) of 1.80%, YoY growth of 58 BpsEPS of ₹ 0.40, YoY growth of 81.82% EBIDTA includes other income, excludes extraordinary and exceptional items PAT includes other income, excludes extraordinary and exceptional items Key…

14 Aug

Praveg’s Q1 FY27 Consolidated Total Income up 15.92% to 46.21 Cr

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Ahmedabad (Gujarat) [India], August 14: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q1 FY27. Key Financial Highlights Q1 FY 27 Consolidated Total Income of ₹ 46.21 Cr EBITDA of ₹ 3.90 Cr Net Loss of ₹ 13.23 Cr EPS of (5.06) Standalone Total Income of ₹ 29.81 Cr EBITDA of ₹ (2.62) Cr Net Loss of ₹ 13.30 Cr EPS of (5.09) Total Impact of applicability of IND AS 116 “ROU on Lease Asset” is ₹ 3.60 Cr comprise of Depreciation on ROU Asset amounting ₹ 1.89 Cr and Interest on Lease Liability…

14 Aug

From the Restaurant Floor to the Training Room: How Adevo’s Founders Are Building India’s Most Credible Hospitality Training Brand

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New Delhi [India], August 14: India’s hospitality sector is one of the country’s most extraordinary contradictions. The market is projected to reach $798.95 billion by 2033, growing at over 14% annually. Domestic tourist visits crossed 2.9 billion in 2024. Hotels are opening at a pace that would have seemed ambitious a decade ago. And yet, the industry faces a 55-60% shortfall in skilled manpower a gap so structural that the World Travel & Tourism Council places India as the country with the second-largest projected hospitality labour shortfall in the world by 2035. Hotels keep building. Restaurants keep opening. The workforce keeps arriving…