Finance – Page 6 – THE ECONOMIC INDIA

17 Jun

ENBEE Trade and Finance may declare up to 50% interim dividend for FY 2025–26

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• Company has recently entered in strategic alliance with Sunrise FinServe Pvt Ltd to boost loan disbursement efficiently • Partnership to enhance financial inclusion and streamline loan processing across Maharashtra and Gujarat and improve operational efficiency. Mumbai (Maharashtra) [India], June 17: ENBEE Trade and Finance Limited (BSE: 512441), a non-banking financial company is considering the declaration of upto 50% Interim Dividend for the Financial Year 2025- 26. Meeting of the Board of Directors of the company is scheduled on 20th June 2025 for the decision. Face value of the company’s share is Rs. 1 per share. For the financial year…

14 Jun

Vantage Announces Continued Global Commitment to Safe, Transparent Trading Access

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New Delhi [India], June 14: Retail participation in financial markets. This was something limited to a very niche segment. But in recent times, we are witnessing a steady rise of participants in this arena globally. This has made responsible trading platforms evolve their infrastructure and practices. This comes from the growing demand from traders that they get safe and efficient services. Simultaneously, lawmakers demand that regulated access is always in place. Vantage, a multi-regulated global trading platform, has recently announced several measures in lines with these changing dynamics. Through this, they have once again reaffirmed its commitment to offering secure…

28 May

Debt Relief India Expands Its Debt Settlement Services Across PAN India

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New Delhi [India], May 28: Debt Relief India, one of India’s most trusted debt settlement companies, is expanding its services nationwide, reaching debtors in every corner of India to provide dignity and respect in their journey towards financial freedom. In a country where over 68% of borrowers are struggling with debt-related challenges, the growing burden of unpaid loans is causing emotional distress and, in some tragic cases, pushing people to take their own lives when they are unable to repay their debts. With its strategic growth, Debt Relief India strengthens its mission to support debtors burdened with unmanageable debts by offering…

17 May

More Than Money PayRupik is Lending Hope

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Bengaluru (Karnataka) [India], May 16: In a world where access to credit can define opportunities, PayRupik has become more than just a loan app, it’s a symbol of hope for millions. Backed by Sayyam Investments Pvt. Ltd., this digital lending platform is quietly reshaping financial access in India while supporting the communities that need it the most. Started in 2021, with a vision to facilitate financial welfare and to provide the finest credit services to all demographics of India, PayRupik has extended the reach starting from tier 2 and tier 3 cities to all core cities and districts in India,…

15 May

Aayush Wellness Limited’s stock price rises 80% in 3 months, 500% in 1 year, and 5000% in 2 years.

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New Delhi [India], May 14: Stock price of Aayush Wellness Limited [BSE:539528], India’s preventive healthcare company has risen over 80% in last three months and trading at Rs. 105.92 per share on 14 May 2025. The stock is one of the top wealth generator in the Dalal Street over the last 2-3 years’ time. Company’s stock price was locked in upper circuit back to back from over last many trading sessions. Company has rewarded its shareholders with a bonus issue and 1:10 stock split Company is planning expansion into preventive healthcare with Smart Health Kiosks & Medical Support centre; To…

09 May

Mitsu Chem Plast Limited Reports 25% PAT Growth in Q4 FY25

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Mumbai (Maharashtra) [India], May 9: Mitsu Chem Plast Limited (Mitsu) (BSE:540078), one of the leading global manufacturers of Blow moulded & Injection Moulded products and a specialist in hospital furniture components, Infrastructure Products, Packaging Bottles Drums, Jerrycan, Pails and Caps, has announced its Audited Financial Results for Q4 FY25 & FY25. Key Financial Highlights Q4 FY25 * Total Income of ₹ 90.51 Cr, YoY growth of 9.64% * EBITDA of ₹ 8.23 Cr, YoY growth of 9.39% * PAT of ₹ 3.54 Cr, YoY growth of 25.11% * PAT Margin of 3.91%, YoY growth of 47 Bps * EPS of ₹…

06 May

AVP Infracon Posts ₹292.81 Cr Revenue in FY25, Marks 82.02% YoY Growth

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Chennai (Tamil Nadu) [India], May 6: AVP Infracon Limited (NSE: AVPINFRA), one of India’s fast-emerging infrastructure companies, announced its audited financial results for H2 FY25 and full year ended March 31, 2025. The company delivered a stellar financial and operational performance, reinforcing its leadership in the infrastructure execution space. Standalone and Consolidated Key Financial Highlights Standalone Key Financial Highlights H2 FY25 • Total Revenue of ₹ 272.45 Cr, YoY growth of 80.43% • EBITDA of ₹ 59.07 Cr, YoY growth of 76.91% • Net Profit of ₹ 33.10 Cr, YoY growth of 80.97% • Net Profit Margin of 12.15%, • …

05 May

IBL Finance Ltd achieves over Rs. 100 crore AUM, expands with 36 national NBFCs

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Surat (Gujarat) [India], May 5: Surat-based IBL Finance Limited, a leading company known for providing fast and easy loans using technology and data science, has informed the stock exchanges that it has achieved the milestone of over Rs. 100 crore in Assets Under Management (AUM) and is progressing on an expansion path in collaboration with 36 national NBFCs. The fintech-driven NBFC, IBL Finance Ltd (IBLFL), has advanced its aggressive growth strategy by successfully onboarding 36 non-banking financial companies (NBFCs) for onward lending. This milestone is significant for IBLFL, which is on the path to becoming a pan-India retail MSME lender,…

29 Apr

AZAD Engineering Inaugurates Exclusive Lean Manufacturing Facility

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Hyderabad (Telangana) [India], April 29: Azad Engineering, a leader in precision engineering, marked another significant milestone today with the inauguration of its lean manufacturing facility designed to meet capacity commitments to GE Vernova’s Steam Power Services business unit at Azad’s Centre of Excellence & Innovation Centre in Tunikibollaram, Hyderabad. The 7,600 sq. mts. state-of-the-art facility was inaugurated by the following guests from GE Vernova: Mr. Rodolfo Torres, Lean Leader; Mr. Ankur Chandak, Sourcing Leader; Mr. Martin Schaefer, Global Commodity Leader; Mr. Akhona Qabaka, Supplier Quality Leader; Ms. Carly Lorence, Global Planning Lean Leader; and Mr. Rakesh Chopdar, Chairman and CEO of Azad Engineering. This lean manufacturing…

29 Apr

Kenrik Industries Ltd plans to raise up to Rs. 8.75 crore from Public Issue; IPO open till May 6, 2025

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Highlights: Fresh Public issue of Rs. 8.75 crore opens for subscription from April 29 to May 6 Minimum lot size for application is 6000 shares; Minimum IPO application amount Rs. 1,50,000 Funds raised through the issue will be used for working capital requirements and general corporate purposes For FY23-24, the company reported revenues of Rs. 70.97 crore and Net Profit of Rs. 1.08 crore; For the seven months of FY25 ended 31st October 2024, the company reported revenue of Rs. 42.19 crore and Net Profit of Rs. 78 lakh Turnaround Corporate Advisors Private Limited is the lead manager of the…