Business – Page 142 – THE ECONOMIC INDIA

11 Feb

5868 PMAY units lined up for delivery at Suraksha Smart City, Vasai

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Vasai (Maharashtra) [India], February 11: Under the Pradhan Mantri Awas Yojana (PMAY) during the calendar year 2026, Suraksha Smart City, Vasai is ready to begin the phased delivery of 5,868 Economically Weaker Section (EWS) homes. One of the largest integrated township developments in the Mumbai Metropolitan Region (MMR) deliveries will be undertaken building-wise across Phase 1 of the project. A milestone that reinforces Suraksha Group’s commitment to the Government of India’s ‘Housing for All’ mission also tells the story of Vasai’s emergence as a key residential hub under the Mumbai 4.0 growth framework. The large-scale handover of homes under the…

11 Feb

Rajalakshmi Institute of Technology Signs MoU with HSE University, Russia

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Chennai (Tamil Nadu) [India], February 10: Rajalakshmi Institute of Technology (RIT) has signed a Memorandum of Understanding (MoU) with HSE University, Russia, a globally recognized institution, to strengthen international academic collaboration and engagement. Rajalakshmi Institute of Technology, Chennai, signed an MoU with Russia’s HSE University to enhance global academic collaboration, partnerships, and engagement opportunities. The MoU was signed during the visit of the HSE University delegation in the presence of Dr. Haree Shankar Meganathan, Vice Chairman, Rajalakshmi Group; Dr. Anna Tyshetskaya, Vice Chancellor, HSE University; and Dr. Manoj Sharma, Vice President, HSE University. Speaking on the occasion, Dr. Haree Shankar…

10 Feb

Supreme Power Equipment Reports 24% Growth in 9M Income and Net Profit

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Chennai (Tamil Nadu) [India], February 10: Supreme Power Equipment Limited (NSE – SUPREMEPWR), one of the leading players in the power and distribution transformer manufacturing industry, announced its Unaudited Financial Results for Q3 & 9M FY26. Key Consolidated Financial Highlights Q3 FY26 Total Income of ₹36.03 Cr, YoY growth of 14.83% EBITDA of ₹5.28 Cr Net Profit of ₹3.38 Cr, YoY growth of 6.34% EPS of ₹1.35, YoY growth of 6.30% 9M FY26 Total Income of ₹111.38 Cr, YoY growth of 23.78% EBITDA of ₹19.56 Cr, YoY growth of 12.68% Net Profit of ₹ 12.78 Cr, YoY growth of 23.66% EPS of…

10 Feb

Bright Outdoor Media Spreads Its Wings into Curated Events: Building the Next Growth Engine!

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Mumbai (Maharashtra) [India], January 28: From being India’s first listed outdoor media company to emerging as a 360-degree integrated media powerhouse, Bright Outdoor Media Limited continues to demonstrate its ability to evolve with market opportunities and unlock new revenue streams. In the year 2025, Bright took a decisive strategic step by expanding into the curated events and experiential marketing space, marking a natural extension of its long-standing strength in media, branding, and large-scale execution. This move aligns with Bright’s earlier announcement and rollout of 360 Degree Media Advertising solutions, where the company began offering end-to-end brand communication across OOH, TV,…

10 Feb

DELAN Unveils “Suns and Shadows,” Redefining Quiet Luxury in India’s Premium Western Wear Segment

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New Delhi [India], February 10: As India’s fashion market evolves toward refined minimalism and purpose-driven design, premium women’s western wear label DELAN has introduced a new brand narrative titled “Suns and Shadows,” reflecting the growing appetite for understated elegance, versatility, and modern sophistication among urban consumers. The title “Suns and Shadows” feels expansive and cinematic, hinting at contrast, depth, and movement. It evokes a collection shaped by many moments bright, unapologetic highs and quieter, introspective lows. The name captures duality: light versus dark, softness versus strength, stillness versus drama. It works beautifully for pieces that play with multiple colours, varied textures, and bold statements,…

10 Feb

HEC Infra Projects Posts Exceptional Q3 Performance with Revenue Jumping 108% and Net Profit Skyrocketing 104%

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Ahmedabad (Gujarat) [India], February 10: HEC Infra Projects Limited(HEC, The Company), (NSE Code: HECPROJECT), one of the leading players in the infrastructure sector, specializing in extra high voltage transmission and distribution projects have announced its Unaudited Financial Results for Q3 & 9M FY26. Key Financial Highlights Q3 FY26 Highlights Total Income of ₹57.77 Cr, YoY growth of 107.86% EBITDA of ₹5.32 Cr, YoY growth of 84.88% EBITDA Margin of 9.21%, Net Profit of ₹ 2.92 Cr, YoY growth of 103.74% Net Profit Margin (%) of 5.05% EPS of ₹ 2.69, YoY growth of 90.78% 9M FY26 Highlights Total Income of ₹126.51…

09 Feb

Sundaram Alternates Invests Rs 80 Crores in Vijay Raja Homes, Reinforcing Trust Built Over 75 Plus Years

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Chennai (Tamil Nadu) [India], February 09: The Vijay Raja Group has secured strategic funding of ₹80 crore from Sundaram Finance, strengthening the Group’s financial position and reinforcing institutional confidence in its governance and execution capabilities. The funding will be utilised to accelerate the completion of ongoing residential projects, enhance construction momentum, and support the launch of new developments. This strategic investment marks an important milestone in the Group’s continued growth and long-term vision. A Legacy Built Over More Than 75 Years With a legacy spanning over 75 years, Vijay Raja Group has carved out its name in the fields of…

09 Feb

Garment Mantra Lifestyle Ltd. Reports Earnings for 9MFY26, PAT Jumps 499 Percent YoY

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Tiruppur (Tamil Nadu) [India], February 09: Garment Mantra Lifestyle Ltd. (BSE: 538216), a leading player engaged in the manufacturing and selling of Knitted Fabrics as well as Knitted Garments, has announced its results for the quarter and nine months ended 31 December 2025. For the quarter ended 31 December, 2025 (Cons.), the company reported revenue from operations at Rs. 9891.02 Lakhs (Q3FY26), growing 348.39% YoY from Rs. 2205.90 (Q3FY25). EBITDA was reported at Rs. 647.51 Lakhs (Q3FY26), growing 447.54% YoY. PAT rose 2296.15% YoY to Rs. 427.45 Lakhs. For the nine months ended 31 December, 2025 (Cons.), the revenue from operations was reported…

09 Feb

KRAFTON RECORDS ANNUAL REVENUE OF KRW 3.3266 TRILLION IN 2025

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Bengaluru (Karnataka) [India], February 09: KRAFTON, Inc. today announced its full-year and fourth-quarter earnings for 2025 in its investor relations (IR) briefing. Annual revenue of KRW 3.3266 trillion, operating profit at KRW 1.0544 trillion – Record-high annual revenue driven by PUBG IP Franchise double-digit growth – New titles inZOI and MIMESIS surpassed one million sales each; 15 new projects in development – To secure mid- to long-term growth centered on core gaming business and Franchise IPs with long-term PLCs Based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS), KRAFTON reported annual revenue of KRW 3.3266…

09 Feb

Dumas Art Project inaugurated its 11th edition

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The 11th edition of Dumas Art Project takes place from 8th February – 28th February 2026, at VR Surat, with the theme “The Future is Now” Surat (Gujarat) [India], February 09: The Dumas Art Project, supported by the Yuj Foundation, commenced its eleventh edition on 8th February 2026, with the theme ‘The Future is Now’. Renowned classical dancer and choreographer Dr. Mallika Sarabhai, recipient of the Padma Bhushan 2010 inaugurated the festival with a traditional lamp lighting ceremony and unveiling of the special ‘Kala Car’ where artists this year have transformed a Tesla into a moving canvas of contemporary expression. The evening featured a classical dance performance by students…