Press Release – Page 65 – THE ECONOMIC INDIA

19 May

Signoria’s FY25 Revenue Grew by Substantial 39 Percent

Mumbai (Maharashtra) [India], May 19: Signoria Creation Limited, (NSE – SIGNORIA), a leading name in women’s apparel industry, has announced its Audited Financial Results for H2 FY25 and FY25. Key Financial Highlights – H2 FY25 Total Income: ₹1,718.70 Lakhs, YoY growth of 31.81% EBITDA: ₹331.38 Lakhs, YoY growth of 15.46% Net Profit: ₹173.09 Lakhs, YoY decline of 1.83% Key Financial Highlights – FY25 Total Income: ₹2,722.02 Lakhs, YoY growth of 39.10% EBITDA: ₹529.33 Lakhs, YoY growth of 31.02% Net Profit: ₹301.84 Lakhs, YoY growth of 25.32% Commenting on the financial performance, Mr. Vasudev Agarwal, CMD of Signoria Creation Limited said, “We are pleased to report a strong performance for H2…

17 May

Vijaya Diagnostic Centre Opens Advanced Centre in Barasat, Kolkata, Featuring Barasat’s First 3T MRI!

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Kolkata (West Bengal) [India], May 17: Vijaya Diagnostic Centre, one of India’s leading integrated diagnostic service providers, today announced the grand opening of its state-of-the-art diagnostic centre in Barasat, Kolkata. This expansion underscores Vijaya Diagnostic Centre’s commitment to making world-class, affordable diagnostic services accessible to communities across India. Inaugurated by Dr. Kakoli Ghosh Dastidar, Honourable Member of Lok Sabha, the new Barasat centre highlights the company’s dedication to providing advanced diagnostic services at affordable prices, delivering the same quality, trust, and technology Vijaya is known for. A key highlight is Barasat’s first-ever 3 Tesla MRI, significantly enhancing regional diagnostic capabilities.…

17 May

Manaksia Coated Metals & Industries Reports Rs 790 Cr Total Income and Rs. 15 Cr Net Profit in FY25

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Mumbai (Maharashtra) [India], May 15: Manaksia Coated Metals & Industries Limited (NSE: MANAKCOAT, BSE: 539046), is one of the leadingcoated metal products manufacturer and exporter. Specializing in Pre-painted Galvanised Steel and Plain Galvanised Steel in both coil and sheet forms, has reported its Audited financials for Q4 FY25 & FY25. Q4 FY25 Consolidated Financial Highlights • Total Revenue of ₹ 209.85 Cr • EBITDA of ₹ 17.13 Cr • EBITDA Margin (%) of 8.16% • Net Profit of ₹ 5.03 Cr • Net Profit Margin (%) of 2.39% • Diluted EPS of ₹ 0.68 FY25 Consolidated Financial Highlights • Total Revenue…

16 May

Signoria Commences Commercial Production at New Jaipur Facility

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Jaipur (Rajasthan) [India], May 16: Signoria Creation, (NSE – SIGNORIA), a leading name in women’s apparel industry is pleased to announce the commencement of commercial production at its new rented premises located at Plot No. 37, Krishna Nagar, Village Kalyanpura, Tehsil Sanganer, District Jaipur (303503), Rajasthan as of May 13, 2025. This expansion represents a significant step forward in Signoria’s long-term strategy to scale operations and reinforce its presence in the market. The new facility features advanced production infrastructure aimed at boosting capacity, enhancing efficiency, and elevating product quality. The increased output is expected to streamline operations, shorten lead times,…

16 May

OYO Launches Summer Vacations Limited Period Free Stay Program In 1100+Hotels

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New Delhi [India], May 16: Global hospitality technology company OYO has announced the launch of a summer vacation limited-period free stay program across 1100+ company serviced hotels in popular holiday destinations across India. A total of 1000 free stays will be available each day on a first-come, first-served basis, allowing thousands of travelers to enjoy a comfortable and memorable stay at no cost. Guests can redeem their complimentary stay by entering the coupon code FREESUMMER while booking through the OYO app or website. The offer is valid from May 17 to 24, 2025, giving travelers the chance to experience OYO’s premium hospitality…

16 May

Iris Clothings Reports Strong Q4FY25 Performance

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Mumbai (Maharashtra) [India], May 16: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing, branding, and selling garments for kids wear, announced their financial results for the quarter and year ended March 31, 2025. Q4 FY25 Key Financial Highlights Total Income of ₹ 403.3 Mn, YoY change of -4.3% EBITDA of ₹ 82.3 Mn, YoY growth of 15.8% EBITDA Margin (%) of 20.4%, YoY growth of 355 BPS PAT of ₹ 44.8 Mn, YoY growth of 28.6% PAT Margin (%) of 11.1%, YoY growth of 284 BPS FY25 Key Financial Highlights Total Income of ₹ 1465.8 Mn, YoY growth of 20.1% EBITDA of ₹ 283.1 Mn, YoY growth of…

16 May

Focus Lighting Receives Rs 10.5 Crore LED Lighting Order from LT for Infrastructure Project

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Mumbai (Maharashtra) [India], May 16: Focus Lighting & Fixtures Limited.(NSE – FOCUS), engaged in manufacturing & innovative lighting solutions of LED lights and fixtures, has secured a significant commercial order from Larsen & Toubro Limited – Construction Division. The order, valued at ₹10.5 Cr, is for the manufacture, supply, and delivery of advanced LED lighting and fixtures, to be executed over a period of eight months. This development marks a major milestone for Focus Lighting as it strengthens its portfolio of marquee clients and underscores the company’s growing reputation as a dependable partner in the infrastructure and construction ecosystem. The company will supply…

16 May

Borana Weaves Limited IPO Opens on Tuesday, May 20, 2025

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Mumbai (Maharashtra) [India], May 16: Borana Weaves Limited, (“Borana”, The Company) specializing in the production of unbleached synthetic grey fabric, proposes to open its Initial Public Offering on Tuesday, May 20, 2025 whereas, the anchor bidding will open on Monday, May 19, 2025 and the bid/ issue will close on Thursday, May 22, 2025. The Company aims to raise ₹ 144.89 Crore and list its Equity Shares on the main board platforms of BSE Limited and National Stock Exchange of India Limited. The issue size is up to 67,08,000 Equity Shares with a price band of ₹ 205 – ₹ 216 per Equity Share and face value of ₹ 10 each. Equity Share Allocation Qualified…

15 May

Cheap Flight Booking Platform “FareArena” Launched By Zordo Technologies

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New Delhi [India], May 15: Zordo Technologies, a startup name to be reckoned with in the field of travel tech, has recently launched FareArena, an engaging and user-oriented flight and accommodation booking website focused on providing discounted flight tickets to domestic and global travelers. The goal of FareArena is to make the experience of planning for a trip an easy one by providing users with affordable airline ticket offers and cheapest airfare choices with minimal mouse clicks. With the travel market experiencing a boom in post-pandemic travel, there has never been a greater demand for an online booking of flights…

15 May

Standard Glass Lining Launches India’s First Glass Lined Shell and Tube Heat Exchangers

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Hyderabad (Telangana) [India], May 14: Standard Glass Lining Technology Limited (SGLTL), one of India’s leading engineering firms and a recently listed entity on NSE and BSE, proudly announces a landmark strategic alliance with Japan’s iconic AGI Group and its affiliate GL HAKKO, global leaders in advanced glass-lined technology, to manufacture World’s First Glass-Lined Shell and Tube Heat Exchangers in India. This milestone collaboration grants SGLTL an exclusive 20-year license to assemble and market GL HAKKO’s world-class glass-lined shell and tube heat exchangers in India—a pioneering breakthrough that positions SGLTL on the global innovation map in this segment. A Historic Opportunity for Indian Manufacturing: Speaking at the signing ceremony, Mr. Nageswara RaoKandula, Managing…