Business – Page 85 – THE ECONOMIC INDIA

26 Nov

Karnika Industries Reports Robust Profitability in Q2 & H1 FY26; Margins Expand Sharply

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Mumbai (Maharashtra) [India], November 25: Karnika Industries Limited (NSE: KARNIKA), one of the leading manufacturers and traders of ready-made garments for children, announced its Unaudited Financial Results for the Quarter and Half Year ended September 30, 2025 (Q2 & H1 FY26), as approved by the Board of Directors. Key Financial Highlights – H1 FY2025-26 Particulars H1 FY26 H1 FY25 % Chg YoY Total Income (₹ Lakhs) 10,404.55 9,852.72 ↑ 5.60% EBITDA (₹ Lakhs) 2,046.48 1,643.67 ↑ 24.51% EBITDA Margin (%) 19.67% 16.68% ↑ 299 bps Net Profit (₹ Lakhs) 1,246.44 1,034.63 ↑ 20.47% Net Profit Margin (%) 11.98% 10.50% ↑…

26 Nov

Senco Gold & Diamonds Unveils ‘Senco Di Wedding – Before The Vows’ A Luxury Pre-Wedding Experience Celebrating Love and Timeless Craftsmanship

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Senco Di Wedding – Before The Vows New Delhi [India], November 25: Senco Gold & Diamonds, one of India’s most trusted jewellery houses renowned for its heritage and craftsmanship, has launched “Senco Di Wedding – Before The Vows,” a luxury pre-wedding experience that beautifully captures the essence of modern Indian weddings. Blending emotion, tradition, and contemporary elegance, the initiative highlights the intimate moments shared between couples before they begin the journey toward their big day. After its successful debut, the experience is soon to be extended to other cities as well. For the inaugural edition, ten handpicked couples spent an immersive…

25 Nov

Happy Square Outsourcing Services Limited announced Financial Results for the half year ended September 30, 2025

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Jabalpur (Madhya Pradesh) [India], November 25: Happy Square Outsourcing Services Limited (NSE: WHITEFORCE), a leading workforce solutions and outsourcing services company, announced its Standalone Un-Audited Financial Results for the half year ended September 30, 2025, as approved by the Board of Directors. Key Financial Highlights (Consolidated) – H1 FY2026 Particulars H1 FY2026 Revenue from Operations ₹ 43.33 Crore EBITDA ₹ 2.76 Crore EBITDA Margin 15.69% Profit After Tax (PAT) ₹ 1.77 Crore PAT Margin 4.08% EPS ₹ 1.53 Operational & Strategic Highlights Industry-leading 60-hour TAT enabling rapid, PAN-India fulfilment. Strong digital ecosystem with 10,000+ active jobs and 100,000+ monthly visitors. Expanding high-margin RPO services driven by tech-enabled…

25 Nov

Airfloa Rail Technology Forms JV with Big Bang Boom Solutions for Next-Gen Defence Manufacturing

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Chennai (Tamil Nadu) [India], November 25: Airfloa Rail Technology Limited (BSE – AIRFLOA | 544516 | INE0XBS01012), a leading manufacturer of railway rolling stock components and turnkey interior solutions, a leading manufacturer of railway rolling stock components and turnkey interior solutions, today announced a strategic Joint Venture (JV) with Big Bang Boom Solutions Private Limited (BBBS), one of India’s most innovative defence technology companies specializing in Electronic Warfare, AI-based Autonomous Systems, and Material Science. This Joint Venture marks a significant step in Airfloa’s diversification into high-growth, high-value defence manufacturing, creating a powerful combination of Airfloa’s engineering and production strength with BBBS’s cutting-edge defence technology…

25 Nov

Classic Electrodes Announces Healthy H1 FY26 Results

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Kolkata (West Bengal) [India], November 25: Classic Electrodes (India) Limited (NSE: CLASSICEIL), a prominent Indian manufacturer specializing in welding consumables, including electrodes and MIG wires, announced its Unaudited Financial Results for the half year ended September 30, 2025 H1 FY26 Financial Highlights (₹ in Lakhs) Total Revenue: ₹12,303.04 lakhs (H1 FY25: ₹10,571.13 lakhs) – up 16.4% YoY Profit Before Tax (PBT): ₹846.16 lakhs (H1 FY25: ₹757.61 lakhs) – up 11.7% YoY Profit After Tax (PAT): ₹648.74 lakhs (H1 FY25: ₹612.55 lakhs) – up 5.9% YoY EPS (Basic/Diluted): ₹3.61 Growth was supported by stable demand for electrodes and MIG wires and steady contribution from the…

25 Nov

Exato Technologies Limited Announces Opening of IPO on November 28, 2025

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Noida (Uttar Pradesh) [India], November 25: Exato Technologies Limited (“Exato”), a next-generation digital transformation and customer experience technology company, today announced the launch of its Initial Public Offering (IPO). Exato is backed by Ace Investor Mr. Vijay Kedia and family who holds 4.71% equity in the Company. The IPO will comprise a fresh issue of upto 22,75,000 equity shares and an offer for sale of upto 4,00,000 equity shares, aggregating to upto 26,75,000 equity shares of face value ₹10 each. Book Running Lead Manager: GYR Capital Advisors Private Limited IPO Schedule Anchor Book Opens/Closes: Thursday, November 27, 2025 IPO Opens: Friday, November 28, 2025 IPO Closes: Tuesday, December…

25 Nov

AVP Infracon Limited CMD & CEO Mr. D. Prasanna Honoured at the Global Leadership Awards 2025, University of Oxford

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Chennai (Tamil Nadu) [India], November 25: AVP Infracon Limited (NSE – AVPINFRA), – AVP Infracon Limited, a leading infrastructure development company with over 15 years of execution excellence, is pleased to announce that its Chairman & Managing Director and Chief Executive Officer, Mr. D. Prasanna, has been honoured at the Global Leadership Awards during the Global Leadership Summit 2025 held at the University of Oxford’s H B Allen Centre, Keble College. The award recognises his exemplary achievements and visionary leadership in steering the organisation’s growth and strengthening its industry position. The Global Leadership Awards, known for celebrating outstanding global leaders…

25 Nov

Avitree World earns global recognition as Next-Gen Mobility and Sports Fitness Innovator

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~ Industry acknowledgment reflects Avitree’s international growth trajectory ~ New mobility and fitness products shape the brand’s expanded vision for consumers New Delhi [India], November 25: Indian fitness mobility startup Avitree has been recognised by Forbes India presents DGEMS 2025 – The Select 200 for its strong global business potential. The recognition arrives at a pivotal chapter. At the four year milestone, Avitree is scaling new markets, building new mobility experiences and strengthening its global collaborations, making this acknowledgment both timely and deeply meaningful. Avitree’s consumer-first, purpose-driven vision extends into a wider ecosystem that makes cycling accessible through partnerships with schools, health institutions, ethical vendors…

25 Nov

Terrablu and Rentokil Initial Hygiene India Forge Strategic Alliance to Drive Sustainability Transformation in Hygiene Services

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Pune (Maharashtra) [India], November 25: Terrablu Climate Technologies Pvt. Ltd., a pioneer in climate-tech innovation, today announced a strategic partnership with Rentokil Initial Hygiene India, a global leader in hygiene, to accelerate the transition towards net carbon zero by 2040. This collaboration signifies a major milestone in prioritising sustainability with Terrablu’s cutting-edge, climate-intelligent technology, with Rentokil Initial Hygiene’s industry expertise and delivering tangible and measurable environmental impact across its Hygiene business. “This partnership is a moment of purpose and progress,” commented Pradeep Motwani, CEO of Terrablu. “Rentokil Initial Hygiene’s trust reaffirms our core mission to empower large organisations with robust, data-driven…

25 Nov

Halwasiya Adds Another 45 Lakh Shares To Karnataka Bank Stake, Signalling Serious Long-Term Entry

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Mumbai (Maharashtra) [India], November 24: After recently acquiring 38 lakh shares worth around ₹71 Cr in Karnataka Bank, ace investor and entrepreneur Aditya Kumar Halwasiya has followed up by buying an additional 45 Lakh shares worth ₹90 Cr on 24 November, reinforcing the view that this is a serious, strategic entry into the private sector lender. Market participants point out that Halwasiya has a track record of unlocking substantial value in companies where he takes a meaningful ownership stake along with an active board role. His involvement in past investments has coincided with focused execution, sharper capital allocation and sustained wealth creation.…