Business – Page 98 – THE ECONOMIC INDIA

15 Nov

DEVIT Posts Robust Consolidated Total Income of INR 92.64 Cr in H1 FY26

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Mumbai (Maharashtra) [India], November 15: Dev Information Technology Limited, (NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has announced its Unaudited Financial Results for the Q2 FY26 & H1 FY26. Key Financial Highlights Q2 FY26 Consolidated Key Financial Highlights: – Total Income of ₹49.18 Cr, YoY growth of 1.94% – EBITDA of ₹3.82 Cr, YoY decline of 66.03% – EBITDA Margin (%) of 7.76%, YoY decline of 1,552 bps – Net Profit* of ₹71.88 Cr, YoY growth of 786.15% – Net Profit Margin (%) of 146.15%, YoY growth of 12,934…

15 Nov

NIS Management Limited Reports Robust H1 FY26 Performance; Consolidated EBITDA Up 11 percent and Net Profit Up 13 percent

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Kolkata (West Bengal) [India], November 15: NIS Management Limited, (BSE – 544495), One of leading integrated services platforms, specialising in security, facility management, electronic security, and skill development, NIS Management Limited has announced its Unaudited H1 FY26 Financial Results. Key Financial Highlights Key Consolidated Financial Highlights H1FY26 • Total Income of ₹ 214.89 Cr, YoY growth of 6.80% • EBITDA of ₹ 16.73 Cr, YoY growth of 11.31% • EBITDA Margin of 7.79%, YoY growth of 32 Bps • PAT of ₹ 10.22 Cr, YoY growth of 12.57% • PAT Margin of 4.76%, YoY growth of 24 Bps • EPS of ₹ 6.42, YoY growth of 6.12% Key Standalone Financial Highlights H1 FY26 • Total Income of ₹ 204.69…

15 Nov

La Bella a Condor Product Shines as Platinum Sponsor at Amity Law University’s Moot Court Competition & Valedictory Ceremony 2025

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Gurgaon (Haryana) [India], November 14: La Bella, A Condor Product, a leading women’s footwear brand renowned for its comfort, craftsmanship, and contemporary design, proudly participated as the Platinum Sponsor at Amity Law University’s Moot Court Competition & Valedictory Ceremony 2025. The three-day event brought together outstanding law students from across the region, offering them a powerful platform to showcase their advocacy skills, legal expertise, and courtroom presence. Throughout the competition, La Bella’s experiential brand stall emerged as one of the key attractions, drawing significant footfall from students and visitors. The brand hosted engaging activities and fun interactions that added vibrancy…

15 Nov

Brace Port Logistics Posts Robust 11% EBITDA Margin for H1FY26, Up 68 BPS YoY

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New Delhi [India], November 14: Brace Port Logistics Limited (NSE: INE0R4Z01018), one of the leading service-based logistics and supply chain solutions providers, announced its Unaudited financial results for H1 FY26. H1 FY26 Standalone Key Financial Highlights Total Income of ₹ 33.60 Cr EBITDA of ₹ 3.68 Cr EBITDA Margin (%) of 10.95% Net Profit of ₹ 2.50 Cr Net Profit Margin (%) of 7.44% EPS of ₹ 2.21 H1 FY26 Other Key Financial Highlights: Gross margin improved from 12.93% to 17.56%, reflecting an expansion of 463 basis points. PBT margin strengthened from 9.95% to 10.25% in H1 FY26. Commenting on the performance, Mr Sachin Arora, Managing Director of Brace…

15 Nov

AVG Logistics Delivers INR 268 Cr Revenue in H1 FY26

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New Delhi [India], November 14: AVG Logistics Limited (BSE – 543910, NSE – AVG), a leading multimodal logistics solutions provider, has announced its unaudited financial results for Q2 FY26 & H1 FY26 Consolidated Key Financial Highlights Q2 FY26 Consolidated Financial Highlights Revenue From Operations of ₹143.03 Cr EBITDA of ₹26.26 Cr EBITDA Margin (%) of 18.36% PBT of ₹6.57 Cr PBT Margin (%) of 4.59% H1 FY26 Consolidated Financial Highlights Revenue From Operations of ₹268.05 Cr EBITDA of ₹50.54 Cr EBITDA Margin (%) of 18.85% PBT of ₹13.57 Cr PBT Margin (%) of 5.06% Commenting on financial performance, Mr Sanjay Gupta, Managing Director &…

15 Nov

Airfloa Rail Technology Posts Strong 24 Percent Growth in Net Profit in H1 FY26

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Mumbai (Maharashtra) [India], November 15: Airfloa Rail Technology Limited (BSE – AIRFLOA | 544516 | INE0XBS01012), a leading manufacturer of railway rolling stock components and turnkey interior solutions, has announced its unaudited financials for H1 FY26. H1 FY26 Key Standalone Financial Highlights * Total Income of ₹ 90.98 Cr, YoY growth of 6.77% * EBITDA of ₹ 22.46 Cr, YoY growth of 0.76% * Net Profit of ₹ 12.09 Cr, YoY growth of 24.25% * EPS of ₹ 6.72, YoY growth of 7.01% Commenting on the performance, Mr. Manikandan Dakshnamoorthy, Joint Managing Director, said: “Our performance this half-year gives us confidence that we are moving in the right direction. The growth in profit…

15 Nov

HVAX Technologies Reports 35 Percent Jump in Total Income for H1 FY26

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Mumbai (Maharashtra) [India], November 15: HVAX Technologies Limited (NSE- HVAX | INE0TO501019), a specialized turnkey solutions provider in cleanroom and controlled environment infrastructure, has announced its Un-audited financial results for H1 FY26. H1 FY26 Key Financial Highlights * Total Income of ₹ 62.79 Cr, YoY growth of 35.10% * EBITDA of ₹ 8.53 Cr, YoY growth of 19.24% * EBITDA Margin (%) of 13.58%, YoY decline of 181 Bps * Net Profit of ₹ 4.92 Cr, YoY growth of 28.67% * Net Profit Margin (%) of 7.84%, YoY decline of 39 Bps Commenting on the performance, Mr. Nirbhaynarayan Singh, Chairman & Whole-Time DirectorHVAX Technologies Limited said: “We are pleased with the strong momentum…

15 Nov

Indian Battery Manufacturers Association Appoints Avik Roy as President and Harshavardhana Gourineni as Vice President

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Kolkata (West Bengal) [India], November 15: The Indian Battery Manufacturers Association (IBMA) has announced the appointment of Mr. Avik Kumar Roy, CEO and Managing Director of Exide Industries Ltd., as its new President during the Association’s 4th Annual General Meeting (AGM) held in Kolkata on 12th November 2025. Mr. Avik Roy succeeds Ms. Preeti Bajaj, Managing Director & CEO of Luminous Power Technologies, who served as the outgoing President of IBMA. The Association also elected Mr. Harshavardhana Gourineni, Executive Director, Amara Raja Energy & Mobility, as the new Vice President. The 4th AGM brought together prominent leaders and stakeholders from across…

14 Nov

FDC Ltd. Welcomes FSSAI Action on Misleading “ORS” Claims; Reaffirms Electral’s Scientific Legacy

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New Delhi [India], November 14: FDC Ltd. welcomes FSSAI’s directive allowing only products that strictly follow the WHO Oral Rehydration Solution (ORS) formula to use the term “ORS” in their names or labels—a vital move to protect consumers and uphold scientific integrity. In recent times, several food based beverages containing high-sugar have misused “ORS” claims without meeting WHO standards. Electral, India’s No. 1 ORS (IQVIA MAT Sep’25), has been the benchmark of trust and science since 1972 ELECTRAL is the nation’s first WHO recommended ORS, with a precise osmolarity of 245 mOsmol/L. FDC urges consumers to check for WHO recommended…

14 Nov

Bourns Opens India Design Center Giving Developers Local Access to Advanced Technologies that Enhance Application Differentiation

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Bourns leadership at the India Design Center launch in Bangalore (L–R) Craig Shipley; James Harrington; Gordon Bourns; Al Yost; John Kelly New Delhi [India], November 14: Bourns, Inc., a leading manufacturer and supplier of electronic components for power, protection, and sensing solutions, today announced the opening of its first design center in India in Bangalore. Launched as a hub dedicated to customer collaboration and innovation, this valuable customer resource provides local access to a comprehensive range of tools and technical support, including reference designs that use Bourns’ industry-leading components. Offering proven processes that empower rapid prototyping and faster design validation, the Bourns India…