Business – Page 59 – THE ECONOMIC INDIA

26 May

17-Year-Old Student Saachi Pasari Disrupts the Luxury Market with the Global Debut of ‘Hangover’

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Founded by 17-year-old Mumbai student Saachi Pasari, Hangover’s debut luxury womenswear drop sold out within days. Mumbai (Maharashtra) [India], May 26: A new independent luxury fashion label is entering India’s growing premium womenswear market. Founded by 17-year-old Mumbai student Saachi Pasari, Hangover officially launched earlier this year with a limited-edition debut collection that sold out within days of its digital release. The label positions itself within the growing space between occasion wear and contemporary nightlife fashion, offering statement silhouettes designed for younger consumers seeking exclusivity and elevated styling. The debut collection includes dresses featuring intricate hand embroidery, detailed handwork, and…

26 May

Crescent Group Strengthens Lucknow’s Commercial Real Estate Landscape with Crescent Heights and Platinum Mall

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Lucknow (Uttar Pradesh) [India], May 26: The commercial real estate market in Lucknow is witnessing rapid growth, and Crescent Group is emerging as a prominent name redefining premium business and retail infrastructure in the city. With landmark developments like Crescent Heights and Platinum Mall located in the rapidly expanding Sushant Golf City corridor near Lulu Mall, the group is creating a dynamic commercial ecosystem for leading national and international brands. Strategically positioned on Shaheed Path in Lucknow, both projects offer high visibility, strong connectivity, and modern infrastructure, making them ideal destinations for corporate offices, retail outlets, banks, educational institutions, and lifestyle…

26 May

Evox Launches a New Movement for Mobility, Dignity, and Independent Living in India

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New Delhi [India], May 26: In a world where mobility is often taken for granted, Evox is emerging as a brand determined to change the narrative around disability, aging, and independence. More than just an assistive technology company, Evox is building a movement focused on restoring dignity, confidence, and freedom for individuals with mobility challenges. Operating in the rapidly growing assistive mobility and healthcare innovation sector, Evox is redefining what mobility solutions should represent. The company believes that disability is not inability — the real challenge lies in inaccessible environments, lack of awareness, and limited access to reliable mobility support.…

26 May

Patel Retail Limited Caps FY26 with a Spectacular 55% PAT Surge to Rs 39.05 Cr; PAT Margins Expand by 63 BPS

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Mumbai (Maharashtra) [India], May 26: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, announced its audited Financial Results for Q4 FY26 & FY26. Key Financial Highlights FY26 Financial Highlights Total Income of ₹ 1,059.29 Cr, YoY growth of 28.25% EBITDA of ₹ 83.08 Cr, YoY growth of 33.07% EBITDA Margin of 7.84%, YoY expansion of 28 Bps PAT of ₹ 39.05 Cr, YoY growth of 54.48% PAT Margin of 3.69%, YoY expansion of 63 Bps EPS of ₹ 13.03, YoY growth of 26.50% Q4 FY26 Financial Highlights Total Income of ₹ 339.55 Cr, YoY growth of 53.35% EBITDA of ₹ 22.74 Cr, YoY growth of 31.21% EBITDA…

26 May

Andaman Travel Care Recognized for Customized Andaman Tour Packages and Honeymoon Travel Experiences

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Premium Andaman Tour Packages & Honeymoon Experiences in Andaman & Nicobar Islands Port Blair (Andaman & Nicobar Islands) [India], May 26: AndamanTravelCare, a certified member of the Andaman Association of Tour Operators (AATO) and approved by the Andaman Tourism Department, has strengthened its position as a trusted provider of customized Andaman tour packages, honeymoon experiences, private island tours, and complete travel solutions across the Andaman and Nicobar Islands. Based in Port Blair, AndamanTravelCare specializes in personalized travel planning for families, couples, honeymooners, corporate groups, and international tourists. With over 10 years of experience in Andaman tourism, the company combines local…

26 May

Fredun Pharmaceuticals Announces 2:1 Bonus Issue, Signaling Strong Growth Confidence

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Mumbai (Maharashtra) [India], May 26: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730), one of the leading pharmaceutical formulation manufacturing companies in India, diversified across generics, cosmeceuticals, nutraceuticals, mobility, and animal healthcare products, has announced a 2:1 bonus issue of equity shares, underscoring its strong financial performance and continued confidence in future growth. The Board of Directors, at its meeting held on May 25, 2026, wherein the audited financial results for Q4 and FY26 were approved, has recommended the issuance of bonus shares in the ratio of 2:1, i.e. 2 fully paid-up equity shares of ₹10 each for every 1 existing equity share…

26 May

TGI Fridays® Launches Delhi NCR Flagship At Connaught Place

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Suraj Mahant of Feastary Hospitality LLP; Prashant and Pranay Mukherjee, Directors, Bistro Hospitality and Universal Success Enterprises Ltd; Kuunal Maiti, CEO TGI Fridays India New Delhi [India], May 26: TGI Fridays®, the globally renowned American casual dining brand, has unveiled its newest flagship restaurant at the landmark Connaught Place in New Delhi. The restaurant marks another significant milestone in the brand’s India growth story and has been launched by Bistro Hospitality Pvt. Ltd., the master franchisee for TGI Fridays® in India, along with its North India franchise partner Feastary Hospitality LLP. Present across more than 40 countries, TGI Fridays continues…

26 May

Khazanchi Jewellers Delivers Strong EBITDA Growth; Margins Expand by 312 Bps in H2 and 253 Bps in FY26

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Chennai (Tamil Nadu) [India], May 26: Khazanchi Jewellers Limited (BSE: 543953), one of the leading Indian jewellery companies specializing in gold, diamonds, precious stones, and bullion items, has announced its unaudited Financial Results for H2 FY26 & FY26. Key Financial Highlights FY26 Financial Highlights Total Revenue of ₹ 2,051.02 Cr, YoY growth of 15.71% EBITDA of ₹ 126.99 Cr, YoY growth of 95.69% EBITDA Margin of 6.19%, YoY expansion of 253 Bps PAT of ₹ 89.42 Cr, YoY growth of 98.87% PAT Margin of 4.36%, YoY expansion of 182 Bps EPS of ₹ 36.10, YoY growth of 98.57% H2 FY26 Financial Highlights Total Revenue of ₹ 1,098.26 Cr, YoY growth…

26 May

Steel Exchange India Limited Delivers Strong Q4 FY26 Performance with Net Profit Surging ~443% QoQ to ~Rs 12 Cr

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Visakhapatnam (Andhra Pradesh) [India], May 26: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has reported its Audited financials for Q4 FY26 & FY26. Q4 FY26 Standalone Key Financial Highlights* Total Income of ₹287.70 Cr, QoQ growth of 19.45% EBITDA of ₹0.10 Cr, QoQ growth of 118.12% EBITDA Margin of 17.41%, QoQ growth of 788 Bps Net Profit of ₹ 12.37 Cr, QoQ growth of 442.80% Net Profit Margin of 4.30%, QoQ growth of 335 Bps *Q3 FY26 Unaudited Figures FY26 Standalone Key Financial…

26 May

SEPC Limited Posts Stellar FY26 Results with Over 2x Jump in Net Profit and 68% Income Growth

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Chennai (Tamil Nadu) [India], May 26: SEPC Limited (NSE: SEPC | BSE: 532945), a leading EPC player with strong execution capabilities across water & wastewater, infrastructure, and industrial segments, announced its unaudited financial results for Q4 and FY26, marking a year of robust operational progress. Key Financial Highlights Q4 FY26 Consolidated Key Financial Highlights • Total Income of ₹ 288.95 Cr, YoY growth of 129.12% • EBITDA of ₹ 25.32 Cr, YoY growth of 7.30% • Net Profit of ₹ 13.73 Cr, YoY growth of 37.00% • Net Profit Margin of 4.75%, YoY decline of 320 Bps • Diluted EPS of ₹ 0.07, YoY growth of 16.67% FY26 Consolidated Key Financial Highlights • Total Income of ₹ 1,085.84 Cr, YoY growth…