Business – Page 36 – THE ECONOMIC INDIA

14 Aug

Globe Civil Projects Limited Announces Q1 FY27 Results

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Globe Civil Projects Ltd Reports Q1 FY27 Total Income of ₹929Million and PAT of ₹71Million New Delhi [India], August 14: Globe Civil Projects Limited, an EPC-focused infrastructure company, announced its Unaudited standalone and consolidated financial results for Q1FY27. The Company delivered a steady performance during Q1 FY27, supported by disciplined execution across ongoing EPC projects, efficient resource utilization, and continued focus on project delivery. The Company remained focused on strengthening its execution capabilities and maintaining operational efficiency while progressing across its diverse project portfolio. Key Financial Highlights Total Income: ₹929.23 million in Q1 FY27 vs ₹676.98 million in Q1 FY26; YoY…

14 Aug

French Essence Expands Its Premium Fragrance Portfolio with the Launch of ‘Oud Rush’

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Introducing Oud Rush – The New Premium Eau De Parfum by French Essence. New Delhi [India], August 14: Fragrance brand French Essence has announced the launch of Oud Rush, a premium Eau De Parfum created for consumers who prefer rich, distinctive and long-lasting fragrances. Built around agarwood, commonly known as oud, the new fragrance combines warm spices, aromatic notes and a deep woody base to create a scent that is bold yet sophisticated. With Oud Rush, French Essence is expanding its portfolio with a fragrance that places greater emphasis on character, longevity and an elevated overall experience. The launch comes at a time when fragrance…

14 Aug

Khazanchi Jewellers Delivers Stellar Q1 FY27 Performance; Revenue Grows 45% YoY to ₹586 Cr, EBITDA Surges 89% & PAT Jumps 84%

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Chennai (Tamil Nadu) [India], August 14: Khazanchi Jewellers Limited (BSE: 543953), A BSE SME-listed jewellery company progressing towards migration to the Main Boards of BSE and NSE, has announced its Unaudited Financial Results for Q1 FY27. The Company operates across wholesale and retail segments, offering gold, diamond and precious stone jewellery, along with bullion products. Key Financial Highlights Total Income stood at ₹586.36 Cr in Q1 FY27, up 45.20% YoY from ₹403.84 Cr in Q1 FY26 EBITDA stood at ₹39.98 Cr in Q1 FY27, up 89.02% YoY from ₹21.15 Cr in Q1 FY26 EBITDA Margin improved to 6.82% in Q1 FY27 from 5.24% in…

14 Aug

Rathi Steel And Power Reports Strong Q1 FY27 Performance; Revenue Grows 25% YoY To 194 Cr; PAT Rises 85% YoY

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New Delhi [India], August 14: Rathi Steel And Power Limited (BSE – 504903), one of the leading players in stainless steel long products and TMT bars, has announced its Unaudited Financial Results for Q1 FY27. Key Financial Highlights Total Income of ₹ 193.67 Cr, YoY growth of 24.63%EBITDA of ₹ 7.77 Cr, YoY growth of 24.83%EBITDA Margin of 4.01%PAT of ₹ 3.48 Cr, YoY growth of 84.56%PAT(%) of 1.80%, YoY growth of 58 BpsEPS of ₹ 0.40, YoY growth of 81.82% EBIDTA includes other income, excludes extraordinary and exceptional items PAT includes other income, excludes extraordinary and exceptional items Key…

14 Aug

Praveg’s Q1 FY27 Consolidated Total Income up 15.92% to 46.21 Cr

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Ahmedabad (Gujarat) [India], August 14: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q1 FY27. Key Financial Highlights Q1 FY 27 Consolidated Total Income of ₹ 46.21 Cr EBITDA of ₹ 3.90 Cr Net Loss of ₹ 13.23 Cr EPS of (5.06) Standalone Total Income of ₹ 29.81 Cr EBITDA of ₹ (2.62) Cr Net Loss of ₹ 13.30 Cr EPS of (5.09) Total Impact of applicability of IND AS 116 “ROU on Lease Asset” is ₹ 3.60 Cr comprise of Depreciation on ROU Asset amounting ₹ 1.89 Cr and Interest on Lease Liability…

14 Aug

From the Restaurant Floor to the Training Room: How Adevo’s Founders Are Building India’s Most Credible Hospitality Training Brand

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New Delhi [India], August 14: India’s hospitality sector is one of the country’s most extraordinary contradictions. The market is projected to reach $798.95 billion by 2033, growing at over 14% annually. Domestic tourist visits crossed 2.9 billion in 2024. Hotels are opening at a pace that would have seemed ambitious a decade ago. And yet, the industry faces a 55-60% shortfall in skilled manpower a gap so structural that the World Travel & Tourism Council places India as the country with the second-largest projected hospitality labour shortfall in the world by 2035. Hotels keep building. Restaurants keep opening. The workforce keeps arriving…

14 Aug

Duroply Enters 70th Year with Strong Revenue Momentum, Reinforces Long-Term Growth Focus

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Company records 6.5% YoY revenue growth in Q1 FY27 despite challenging external environment Kolkata (West Bengal) [India], August 14: Duroply Industries Limited, one of India’s most experienced plywood manufacturers, has begun its 70th year with continued business momentum, recording revenue of ₹99.61 crore in the first quarter of FY27, registering a 6.5% year-on-year growth over ₹93.54 crore in Q1 FY26. The performance comes against a challenging operating environment marked by heightened cost and supply-chain pressures, including the impact of the ongoing conflict in West Asia. Despite these headwinds, Duroply maintained business stability and continued to focus on strengthening its long-term growth…

14 Aug

HOMEFOIL Launches Multi-Platform Campaign Featuring Kareena Kapoor Khan Highlighting Premium Food Wrapping Solutions

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New Delhi [India], August 14: HOMEFOIL, the kitchen essentials brand from LSKB Aluminium Foils Pvt. Ltd., has launched its latest campaign featuring brand ambassador Kareena Kapoor Khan. Produced by Dharma 2.0 and directed by acclaimed filmmaker Punit Malhotra, the campaign comprises two television commercials that reimagine everyday food wrapping through premium, food-safe and innovative packaging solutions. The campaign comprises a series of two TVCs and aims to transform the way India perceives food wrapping. It is more than just a product campaign and is an effort to elevate an everyday commodity into a premium, trusted, and food-safe category. Through relatable, humour-led storytelling,…

14 Aug

Roongta Cinemas Celebrates Independence Day With ‘Befikri Ki Azaadi’, Launches Senior Care Experience for Safer & Inclusive Cinema

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Roongta Senior Care Experience aims to make cinema more comfortable, caring and accessible for senior citizens Surat (Gujarat) [India], August 14: This Independence Day, Roongta Cinemas celebrates a different kind of freedom—the freedom to step out, enjoy life, and experience the magic of cinema with confidence, comfort, and dignity. Under the spirit of “Befikri Ki Azaadi”, Roongta Cinemas proudly announces the launch of the “Roongta Senior Care Experience”, a thoughtfully designed initiative created to make movie-going safer, warmer, more comfortable, and more inclusive for senior citizens. A Cinema Experience Designed with Care The Roongta Senior Care Experience introduces a comprehensive range of services and infrastructure…

14 Aug

Naurist Looks to Simplify the Everyday Workflow of Nutrition Professionals

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New Delhi [India], August 14: India’s growing focus on health, nutrition and preventive wellness is creating new opportunities for nutrition professionals. More people are seeking personalised guidance around food, lifestyle and long-term health, while digital channels are making it easier for professionals to reach and work with clients beyond traditional consultations. The growth is reflected in the digital nutrition market as well. According to Grand View Research, India’s digital dietitians market generated an estimated $70.3 million in revenue in 2024 and is projected to reach $173.4 million by 2030, representing a compound annual growth rate of 16.2 percent between 2025…