Business – Page 11 – THE ECONOMIC INDIA

25 Jul

Emerald Finance Limited Delivers Strong Consolidated Q1 FY27 Results; Total Income Reaches Rs 9.44 Cr with Net Profit Surging 52.72%

BusinessBusiness

Mumbai (Maharashtra) [India], July 25: Emerald Finance Limited (BSE: EMERALD), one of the dynamic companies offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has announced its Unaudited Financial Results for Q1 FY27. Key Financial Highlights Key Financial Highlights – Q1 FY27 (Standalone) Total Income of ₹6.27 Cr, YoY growth of 32.47% EBITDA of ₹5.22 Cr, YoY growth of 35.19% Net Profit of ₹3.45 Cr, YoY growth of 31.18% EPS of ₹1.00, YoY growth of 31.58% Key Financial Highlights – Q1 FY27 (Consolidated) Total Income of ₹9.44 Cr, YoY growth of 39.97% EBITDA of ₹7.42 Cr, YoY growth of…

25 Jul

Liotech Industries Reports 73% YoY Growth in FY26 Total Income; EBITDA Rises 58% & Net Profit Up 54%

BusinessBusiness

Mumbai (Maharashtra) [India], July 25: Liotech Industries Limited (LIOTECH | 544796), one of the leading manufacturers of precision hardware structures and accessories including door kits, hinges, hooks, aldrops, locks and handles, has announced its Audited H2 FY26 & FY26 Financial Results. Key Financial Highlights H2 FY26 Key Financial Highlights Total Income of ₹3,424.67 Lakhs, YoY growth of 51.91% EBITDA of ₹444.56 Lakhs, YoY growth of 0.76% Net Profit of ₹245.19 Lakhs, YoY growth of 17.24% EPS of ₹8.17, YoY growth of 17.22% FY26 Key Financial Highlights Total Income of ₹7,049.64 Lakhs, YoY growth of 73.27% EBITDA of ₹1,039.62 Lakhs, YoY growth of 58.22% Net Profit of ₹632.01 Lakhs,…

25 Jul

Advance Technoforge Limited’s Rs.24.03 Crore IPO Opens on July 27, 2026; Fixed Price Issue at Rs. 95 Per Equity Share

BusinessBusiness

The Issue comprises a fresh issue of 25,29,600 equity shares aggregating up to Rs.24.03 crore Rajkot (Gujarat) [India], July 25: Advance Technoforge Limited (“Company”), a Gujarat-based manufacturer of precision-engineered closed die forged and high-precision machined components catering to diverse end-user industries, announced the opening of its Initial Public Offering (IPO). The Issue will open for subscription on Monday, July 27, 2026, and will close on Wednesday, July 29, 2026. The Company is proposed to be listed on the BSE SME platform with a tentative listing date of Monday, August 3, 2026. The Issue is a Fixed Price IPO with the…

25 Jul

Rahi Publication Launches ‘Her Story – Her Power’; Honours 50 Women with “Women of Vision 2026” Award

BusinessBusiness

New Delhi [India], July 25: Rahi Publication, in association with Bluray Media, launched its much-awaited anthology “Her Story – Her Power” at the C.D. Deshmukh Auditorium, India International Centre, New Delhi. The event celebrated the inspiring journeys of 50 women from diverse fields including education, government, media, entrepreneurship, social work, literature, healthcare, and the arts. All 50 contributors were honoured with the prestigious “Women of Vision 2026” Award for their outstanding contributions to society. The ceremony was graced by distinguished personalities from across the country. Dr. Sandeep Marwah, Chancellor, AAFT University of Media and Arts, attended as the Chief Guest…

25 Jul

CCI Clears Zomato’s Platform Fees, Relief for Food Delivery

BusinessBusiness

New Delhi [India], July 25: The e-commerce food delivery sector in India is in a new phase. It’s not just about customer acquisition or new city expansion anymore. Rather, businesses are more concerned about profitability. Food delivery platforms are turning to multiple revenue streams, including platform fees, delivery fees, restaurant commissions and advertising revenue, to boost their unit economics as order growth slows and investors call for better financial results. In this background, the Competition Commission of India’s (CCI) recent order in favour of Eternal Ltd, the parent company of Zomato, has assumed more than a mere regulatory significance. The…

25 Jul

Portfolio Magazine’s Most Innovative HR Leaders in India 2026 – List of Honourees

BusinessBusiness

Noida (Uttar Pradesh) [India], July 25: In an ever-evolving business landscape, one thing that cannot change is that organisational excellence begins with strong leadership and a people-centric foundation. It is the core responsibility of every organisation’s HR leader to manage the human, cultural, and legal lifecycle of its workforce. They are gradually adopting artificial intelligence at scale, strengthening human oversight, tackling board-level burnout, and redesigning career pathways. Portfolio Magazine has released its 2026 list of the most innovative HR leaders in India, spotlighting professionals reshaping organisations through culture, technology adoption, and people-first strategies. The honorees span industries and career backgrounds,…

25 Jul

Hettich Expands Its Magical Interior Experience with a New Hettich Exclusive (HeX) Store in Nagpur

BusinessBusiness

Nagpur (Maharashtra) [India], July 25: Hettich takes another step forward in strengthening its experiential retail footprint across India, with the launch of its newest Hettich Exclusive (HeX) store in Nagpur. As part of Hettich’s growing network of experience-led stores, the Nagpur outlet gives customers a hands-on opportunity to discover the brand’s German-engineered furniture fittings and thoughtfully designed interior solutions, all under one roof. The HeX Nagpur store offers an end-to-end shopping journey, with curated displays that bring together contemporary furniture, advanced fittings, architectural door hardware, furniture lighting, and built-in kitchen appliances. To make the experience even more seamless, customers can…

24 Jul

Emerald Corporates and Blue Synergy Investments Form Strategic Partnership to Jointly Develop USD 175M Sustainable Mega-Project in the Maldives

BusinessBusiness

L-R Dr Sailesh Hiranandani, Mr Mohamed Fayaz, Ms Vandana Yadav, Mr Abdulla Jabir New Delhi [India], July 24: In a massive move to reshape the Indian Ocean, Blue Synergy Investments and London’s Emerald Corporates have officially united as master partners to co-develop the $175 Million THAA Island Cluster Sustainable Township in the Maldives. The landmark cross-border partnership is anchored by the overarching global influence and high-level strategic direction of Dr. Sailesh Lachu Hiranandani, Chairman of the Emerald Group, whose executive oversight stands as the ultimate driving force behind the alliance. To bring this colossal vision to life, the massive project…

24 Jul

Creality and WOL3D Bring 3D Printing to the Masses

BusinessBusiness

Pune (Maharashtra) [India], July 24: Creality, a global leader in 3D printing, and WOL3D, the leading Indian 3D printing company, have launched Pune’s first experiential 3D printing retail store at Kopa Mall, Koregaon Park. This store allows customers to witness live 3D printing in action and experience how digital concepts are transformed into tangible objects, in real time. This launch marks a significant step towards making 3D printing more accessible, interactive, and engaging for creators, students, businesses, hobbyists, and technology enthusiasts. It also reflects Creality’s continued investment in expanding its global offline retail presence following its listing on the Hong Kong Stock…

24 Jul

Captain Polyplast Limited Elevates Its Market Presence; Gets Listed on NSE with Effect from 23 July, 2026

BusinessBusiness

Rajkot (Gujarat) [India], July 22: Captain Polyplast Limited (CPL, BSE: 536974), one of the leading manufacturers and exporters of micro irrigation solutions, with a diversified presence in the solar EPC market, is pleased to announce that the National Stock Exchange of India Limited (NSE) has issued a circular, notifying the listing of the Company’s equity shares on the NSE with effect from 23 July, 2026. This marks a significant milestone in the Company’s journey, as it now gains access to a wider and deeper pool of investors through one of India’s largest stock exchanges. Key Listing Details: Exchange: NSE Symbol:…