Press Release – Page 37 – THE ECONOMIC INDIA

12 Aug

AGL Unveils New Design-Driven Tile Collections at ELEVATE 2025

New Delhi [India], August 12: Asian Granito India Limited (AGL), one of the top luxury surfaces brands in India, hosted Elevate 2025 at its flagship AGL Display Centre, Dalpur, Himatnagar, Gujarat, from August 4th to 12th, 2025, to unveil its latest and expansive tile collections. Inspired by global aesthetics and user-centric design, the new collections are a part of AGL’s evolving vision to offer best-in-class options for new-age consumers. Launch of new tile collections across all categories, focusing on fresh textures, finishes, and contemporary formats. Each collection draws inspiration from various existing aesthetics. The design stories are curated under themes that mirror the…

11 Aug

Remedium Lifecare Posts Rs 4.64 Cr Q1 FY26 PAT, Over 2x FY25 Q1 Profit, Fuelling Growth & Expansion Plans

Press Releasepr, Press Release

Mumbai (Maharashtra) [India], August 11: Remedium Lifecare Ltd., a rapidly growing player in the pharmaceutical supply chain and speciality chemicals sector, has announced its financial results for the quarter ended June 30, 2025, showcasing a remarkable turnaround in performance. The company reported a Profit After Tax (PAT) of ₹464.88 lakhs, a significant improvement from the loss of ₹204.60 lakhs recorded in the previous quarter ended March 31, 2025. Notably, the Q1 PAT has already surpassed the company’s total PAT for the entire FY25, which stood at ₹212.94 lakhs, highlighting strong operational momentum and a sharp rebound in profitability. Key Highlight:-…

11 Aug

AFCOM’s Q1 FY26 mirrors H2 FY25 performance setting tone for a strong year ahead

Press Releasepr, Press Release

Chennai (Tamil Nadu) [India], August 11: AFCOM Holdings Limited (AFCOM), (BSE – 544224), an integrated air cargo solutions company with operations across domestic and international routes. The Company has announced its Unaudited Financial Results for Q1 FY26. Key Financial Highlights • Total Income of ₹ 11,889.0 Cr, YoY growth of 198.1% • EBITDA of ₹ 3,664.7 Cr, YoY growth of 2,401.8% • Net Profit of ₹ 2,707.0 Cr, YoY growth of 4,255.5% • EPS of ₹ 10.9, YoY growth of 3,102.9% Commenting on this partnership, Capt. Deepak Parasuraman & Chairman & Managing Director of AFCOM Holdings Limited, said, “We are pleased to commence quarterly financial disclosures from Q1 FY26, a decision guided by our investor community’s request for more frequent updates and in line with our…

11 Aug

Veefin Promoters Fully Convert Share Warrants, Infusing Rs. 8.43 Cr to Fuel Global Growth

Press Releasepr, Press Release

Mumbai (Maharashtra) [India], August 11: Veefin Solutions Limited(BSE: VEEFIN | 543931), a leading technology enabler building the world’s largest working capital ecosystem, today announced the successful receipt of the final subscription amount for share warrants issued to its promoters. This marks the completion of the ₹8.43 crore capital infusion through the conversion of 4,20,000 convertible warrants into equity shares. The warrants, originally allotted in March 2024, were subscribed by promoters Mr. Raja Debnath and Mr. Gautam Udani. In line with SEBI regulations, 25% of the issue price was paid at the time of allotment, with the remaining 75% now fully…

09 Aug

Atul Jain as MD and Shantanu Chakravartty as CEO Launches “Globiq” Travel Retail Brand in India and South Asia

Press Releasepr, Press Release

New Delhi [India], August 9: Travel News India Private Limited today announced the official launch of its new travel retail brand Globiq, marking a major expansion into the fast-growing retail landscape of India and South Asia. Globiq will offer travelers and commuters a unique, high-quality shopping experience, spanning categories such as Books, Toys, Confectionery, Tobacco Products, and Chocolates through its CTN (Confectionery, Tobacco, and News/Books) format stores. Under the newly appointed leadership team—Mr. Atul Jain as Managing Director and Mr. Shantanu Chakravartty as Chief Executive Officer—Globiq envisions rapid growth and innovation in the travel retail sector. The company has ambitious…

09 Aug

Zypp Electric and Gurugram Traffic Police Launch ‘Green Hai Toh Zypp Hai’ Campaign to Promote EV Adoption and Road Safety

Press Releasepr, Press Release

Gurugram (Haryana) [India], August 8: In a major step towards advancing electric vehicle adoption and promoting safer roads, Zypp Electric, India’s leading EV logistics platform, has partnered with the Traffic Police, Gurugram, under the “Green Hai Toh Zypp Hai” campaign. The initiative, which unites the core themes of sustainability and road safety, was officially launched today at Zypp HQ, Sector 66, Gurugram, during a special EV awareness rally. The event was honoured by the presence of Dr. Rajesh Mohan, DCP Traffic Gurugram, who joined as the Chief Guest. The campaign’s powerful motto, “Green Hai Toh Zypp Hai”, underlines the urgent…

09 Aug

Cupid Limited Starts FY26 with Solid Growth, Q1 Revenue Rises 47% & Net Profit Grows 82%

Press Releasepr, Press Release

Mumbai (Maharashtra) [India], August 9: Cupid Limited (Cupid, The Company), India’s premier manufacturer and brand of personal products have announced its Unaudited Financial Results for Q1 FY26. Key Q1 FY26 Consolidated Financial Highlights • Total Income of ₹ 64.75 Cr, YoY growth of 47.06% • EBITDA of ₹ 16.47 Cr, YoY growth of 147.39% • EBITDA Margin of 27.55%, YoY growth of 1053 Bps • Net Profit of ₹ 15.01 Cr, YoY growth of 81.80% • Net Profit Margin of 25.09%, YoY growth of 400 Bps • EPS of ₹ 0.55, YoY growth of 83.33% Post a strong Q1 FY26 performance the Cupid Limited Management: • Reaffirms the revenue guidance of ₹ 335 Cr for FY26. • ⁠Sees sustained growth and traction in its B2C FMCG segment with ₹ 100 Cr + target…

09 Aug

Captain Polyplast Reports 51% YoY Surge in Standalone Net Profit for Q1 FY26

Press Releasepr, Press Release

Rajkot (Gujarat) [India], August 9: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar EPC segment. The Company reported its unaudited financials for Q1 FY26. Q1 FY26 Standalone Key Financial Highlights • Total Income of ₹ 70.22 Cr, YoY growth of 7% • EBITDA of ₹ 7.78 Cr, YoY growth of 14% • EBITDA Margin (%) of 11.08%, YoY growth of 69 Bps • Net Profit of ₹ 4.15 Cr, YoY growth of 51% • Net Profit Margin (%) of 5.91%, YoY growth of 174 Bps • EPS of ₹ 0.70, YoY growth of 35% Q1 FY26 Consolidated Key Financial Highlights • Total Income of ₹ 70.22 Cr, YoY growth of 7% • EBITDA…

08 Aug

Ms. Deepa Singh appointed as Vice President & Head – HR & Admin at Exide Industries Ltd.

Press Releasepr, Press Release

Kolkata (West Bengal) [India], August 8: Exide Industries Ltd. is pleased to announce the appointment of Ms. Deepa Singh to the position of Vice President & Head – HR & Admin, effective 1st August 2025. Ms. Singh has been an integral part of the company’s HR leadership team for the past two years, consistently bringing strategic insights and a deep understanding of people and processes. In her new role as VP & Head – HR & Admin, she will lead the overall HR strategy and administration functions, focusing on talent development, culture building, employee engagement, and organizational effectiveness. Commenting on…

08 Aug

imm India debuts in New Delhi with exclusive launch event

Press Releasepr, Press Release

New Delhi [India], August 8: imm India, a premier B2B platform designed to drive the next phase of growth in the Indian interiors and furniture industry, was officially launched today by Koelnmesse Pvt. Ltd. at an exclusive event held at the India Habitat Centre, New Delhi. The event brought together key stakeholders in a city that naturally connects policy, commerce, and design, setting the tone for a platform that aims to foster innovation, collaboration, and industry-wide progress. The launch took place in the esteemed presence of Dr. Ajay Sahai, Director General & CEO of the Federation of Indian Export Organizations…