Business – Page 190 – THE ECONOMIC INDIA

26 Nov

Karnika Industries Reports Robust Profitability in Q2 & H1 FY26; Margins Expand Sharply

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Mumbai (Maharashtra) [India], November 25: Karnika Industries Limited (NSE: KARNIKA), one of the leading manufacturers and traders of ready-made garments for children, announced its Unaudited Financial Results for the Quarter and Half Year ended September 30, 2025 (Q2 & H1 FY26), as approved by the Board of Directors. Key Financial Highlights – H1 FY2025-26 Particulars H1 FY26 H1 FY25 % Chg YoY Total Income (₹ Lakhs) 10,404.55 9,852.72 ↑ 5.60% EBITDA (₹ Lakhs) 2,046.48 1,643.67 ↑ 24.51% EBITDA Margin (%) 19.67% 16.68% ↑ 299 bps Net Profit (₹ Lakhs) 1,246.44 1,034.63 ↑ 20.47% Net Profit Margin (%) 11.98% 10.50% ↑…

26 Nov

Senco Gold & Diamonds Unveils ‘Senco Di Wedding – Before The Vows’ A Luxury Pre-Wedding Experience Celebrating Love and Timeless Craftsmanship

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Senco Di Wedding – Before The Vows New Delhi [India], November 25: Senco Gold & Diamonds, one of India’s most trusted jewellery houses renowned for its heritage and craftsmanship, has launched “Senco Di Wedding – Before The Vows,” a luxury pre-wedding experience that beautifully captures the essence of modern Indian weddings. Blending emotion, tradition, and contemporary elegance, the initiative highlights the intimate moments shared between couples before they begin the journey toward their big day. After its successful debut, the experience is soon to be extended to other cities as well. For the inaugural edition, ten handpicked couples spent an immersive…

25 Nov

Classic Electrodes Announces Healthy H1 FY26 Results

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Kolkata (West Bengal) [India], November 25: Classic Electrodes (India) Limited (NSE: CLASSICEIL), a prominent Indian manufacturer specializing in welding consumables, including electrodes and MIG wires, announced its Unaudited Financial Results for the half year ended September 30, 2025 H1 FY26 Financial Highlights (₹ in Lakhs) Total Revenue: ₹12,303.04 lakhs (H1 FY25: ₹10,571.13 lakhs) – up 16.4% YoY Profit Before Tax (PBT): ₹846.16 lakhs (H1 FY25: ₹757.61 lakhs) – up 11.7% YoY Profit After Tax (PAT): ₹648.74 lakhs (H1 FY25: ₹612.55 lakhs) – up 5.9% YoY EPS (Basic/Diluted): ₹3.61 Growth was supported by stable demand for electrodes and MIG wires and steady contribution from the…

25 Nov

Exato Technologies Limited Announces Opening of IPO on November 28, 2025

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Noida (Uttar Pradesh) [India], November 25: Exato Technologies Limited (“Exato”), a next-generation digital transformation and customer experience technology company, today announced the launch of its Initial Public Offering (IPO). Exato is backed by Ace Investor Mr. Vijay Kedia and family who holds 4.71% equity in the Company. The IPO will comprise a fresh issue of upto 22,75,000 equity shares and an offer for sale of upto 4,00,000 equity shares, aggregating to upto 26,75,000 equity shares of face value ₹10 each. Book Running Lead Manager: GYR Capital Advisors Private Limited IPO Schedule Anchor Book Opens/Closes: Thursday, November 27, 2025 IPO Opens: Friday, November 28, 2025 IPO Closes: Tuesday, December…

25 Nov

AVP Infracon Limited CMD & CEO Mr. D. Prasanna Honoured at the Global Leadership Awards 2025, University of Oxford

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Chennai (Tamil Nadu) [India], November 25: AVP Infracon Limited (NSE – AVPINFRA), – AVP Infracon Limited, a leading infrastructure development company with over 15 years of execution excellence, is pleased to announce that its Chairman & Managing Director and Chief Executive Officer, Mr. D. Prasanna, has been honoured at the Global Leadership Awards during the Global Leadership Summit 2025 held at the University of Oxford’s H B Allen Centre, Keble College. The award recognises his exemplary achievements and visionary leadership in steering the organisation’s growth and strengthening its industry position. The Global Leadership Awards, known for celebrating outstanding global leaders…

25 Nov

Avitree World earns global recognition as Next-Gen Mobility and Sports Fitness Innovator

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~ Industry acknowledgment reflects Avitree’s international growth trajectory ~ New mobility and fitness products shape the brand’s expanded vision for consumers New Delhi [India], November 25: Indian fitness mobility startup Avitree has been recognised by Forbes India presents DGEMS 2025 – The Select 200 for its strong global business potential. The recognition arrives at a pivotal chapter. At the four year milestone, Avitree is scaling new markets, building new mobility experiences and strengthening its global collaborations, making this acknowledgment both timely and deeply meaningful. Avitree’s consumer-first, purpose-driven vision extends into a wider ecosystem that makes cycling accessible through partnerships with schools, health institutions, ethical vendors…

25 Nov

Terrablu and Rentokil Initial Hygiene India Forge Strategic Alliance to Drive Sustainability Transformation in Hygiene Services

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Pune (Maharashtra) [India], November 25: Terrablu Climate Technologies Pvt. Ltd., a pioneer in climate-tech innovation, today announced a strategic partnership with Rentokil Initial Hygiene India, a global leader in hygiene, to accelerate the transition towards net carbon zero by 2040. This collaboration signifies a major milestone in prioritising sustainability with Terrablu’s cutting-edge, climate-intelligent technology, with Rentokil Initial Hygiene’s industry expertise and delivering tangible and measurable environmental impact across its Hygiene business. “This partnership is a moment of purpose and progress,” commented Pradeep Motwani, CEO of Terrablu. “Rentokil Initial Hygiene’s trust reaffirms our core mission to empower large organisations with robust, data-driven…

25 Nov

Halwasiya Adds Another 45 Lakh Shares To Karnataka Bank Stake, Signalling Serious Long-Term Entry

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Mumbai (Maharashtra) [India], November 24: After recently acquiring 38 lakh shares worth around ₹71 Cr in Karnataka Bank, ace investor and entrepreneur Aditya Kumar Halwasiya has followed up by buying an additional 45 Lakh shares worth ₹90 Cr on 24 November, reinforcing the view that this is a serious, strategic entry into the private sector lender. Market participants point out that Halwasiya has a track record of unlocking substantial value in companies where he takes a meaningful ownership stake along with an active board role. His involvement in past investments has coincided with focused execution, sharper capital allocation and sustained wealth creation.…

24 Nov

Palm Oil Conclave 2025 In Bhopal to Drive National Dialogue on Health, Markets & Sustainability

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Bhopal (Madhya Pradesh) [India], November 24: In a concerted push to reshape public opinion and build a stronger, more responsible palm oil ecosystem in India, the Asian Palm Oil Alliance (APOA), together with Solidaridad and The Solvent Extractors’ Association of India (SEA), will host the Palm Oil Conclave 2025 on December 6 in Bhopal. This year’s theme, “Reshaping Perceptions through Palm Oil Dialogues – Health, Markets, Climate,” sets the stage for a series of discussions that cut across health, trade, and sustainability. The event will bring together a mix of participants — nutritionists, medical experts, palm oil buyers and processors, and…

24 Nov

Brick & Bolt strengthens leadership to drive Transparent, Tech-Enabled Construction for India’s Next Phase of Construction Boom

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Brick & Bolt Announces the Appointment of Abhinandan Narayan as Chief Business Officer New Delhi [India], November 24: Brick & Bolt, India’s leading tech-enabled construction company, recently announced the appointment of Mr Abhinandan Narayan, as Chief Business Officer. A seasoned leader with a track record of scaling high-growth organizations, Narayan will spearhead Brick & Bolt’s next phase of expansion, leveraging technology to enhance transparency and customer experience in home construction. This addition to the leadership team of Brick & Bolt comes at a time when the company aims to enhance its focus on leveraging emerging tech to drive transparency and bring…