Business – Page 90 – THE ECONOMIC INDIA

13 Nov

Sumeet Industries Reports 230% Surge in H1 FY26 Net Profit; EPS Rises 243% YoY

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Surat (Gujarat) [India], November 13: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn(POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has announced its Unaudited Financial Results for H1 FY26. Key Consolidated Financial Highlights of H1 FY26 Total Income of ₹ 520.83 Cr, YoY growth of 2.35% EBITDA of ₹ 31.17 Cr EBITDA Margin of 5.98%, YoY growth of 597 Bps Profit After Tax of ₹ 17.84 Cr, YoY growth of 230.34% Profit After Tax Margin of 3.42%, YoY growth of 236 Bps EPS* of ₹ 1.68, YoY growth of 242.86% *EPS taken on base Value ₹ 10…

13 Nov

HEC Infra Projects Limited Delivers Impressive Q2 FY26 Results: Revenue Jumps 97 Percent, Net Profit Surges 82 Percent

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Ahmedabad (Gujarat) [India], November 13: 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 Q2 & H1 FY26. Key Financial Highlights Financial Highlights Q2 FY26 Total Income of ₹ 40.82 Cr, YoY growth of 96.84% EBITDA of ₹ 3.86 Cr, YoY growth of 105.69% EBITDA Margin of 9.45%, YoY growth of 45 Bps Net Profit of ₹ 2.23 Cr, YoY growth of 82.10% EPS of ₹ 2.06, YoY growth of 70.25% Financial Highlights H1 FY26 Total Income of ₹ 68.74 Cr, YoY growth of 76.28% EBITDA…

13 Nov

Globe Enterprises Reports Strong Consolidated Q2 FY2025–26 Results; PAT Surges 220 percent to INR 446 lacs

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Ahmedabad (Gujarat) [India], November 13: Globe Enterprises (India) Limited, a leading manufacturer of fabrics, denim, and home textiles, announced its financial results for the quarter and half year ended September 2025, showcasing strong operational performance and sustained business momentum. Financial Highlights Quarter Ended September 2025 (Q2 FY2025–26) Revenue: ₹15,856.26 lacs, an increase of 6.81% compared to ₹14,844.87 lacs in the previous quarter (June 2025). Profit After Tax (PAT): ₹446.38 lacs, showing a robust growth of 219.94% over ₹139.52 lacs in the previous quarter, supported by improved margins and higher operational efficiency. Management Commentary Bhavik Parikh, Managing Director of Globe Enterprises…

13 Nov

Ecoreco Reports 11% YoY Growth in Standalone Total Income to INR 15 Cr in Q2 FY26

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Mumbai (Maharashtra) [India], November 13: Eco Recycling Limited (BSE: ECORECO), India’s pioneering and leading professional e-waste management company, has published its unaudited financial results for Q2 & H1 FY26. During the period under review, the company reported a standalone net profit of Rs 6.18 crore on a total income of Rs 14.48 crore in Q2 FY26. An increase in recycling capacity helped boost operating revenue. Q2 FY26 Consolidated Key Financial Highlights: Total Income of ₹ 14.48 Cr EBITDA of ₹ 7.25 Cr EBITDA Margin (%) of 50.07% Net Profit of ₹ 5.60 Cr Net Profit Margin (%) of 38.67% EPS…

13 Nov

Royale Marmo Galleria by Royale Impex

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Royale Impex sets new benchmarks in marble craftsmanship, design, and sustainability New Delhi [India], November 13: Royale Marmo Galleria by Royale Impex marks a new era of luxury in the world of marble and natural stone. Located in the heart of Mumbai, this expansive destination spans over 12,000 sq ft with an inventory of 3.5 lakh square feet, making it one of the largest and most sophisticated marble galleries in India. It is a space where craftsmanship, scale, and design excellence come together to redefine what premium stone means in architecture and interior design. The gallery offers an unparalleled collection…

13 Nov

Punjab Attracts Investor Interest at Hyderabad Roadshow Ahead of Summit 2026

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Hyderabad (Telangana) [India], November 12: Punjab’s Industries & Commerce Minister, Sh. Sanjeev Arora, led a delegation comprising of Senior Officials of the Department of Investment Promotion, urged Hyderabad’s industrial fraternity to partner in Punjab’s fast-growing investment story during a high-level roadshow organized by Invest Punjab at Banjara Hills. The outreach is part of the build-up to the Progressive Punjab Investors’ Summit 2026, scheduled in March 13th to 15th at ISB Mohali. The Minister highlighted Punjab’s transformation into a preferred business destination, driven by unified business policies, proactive governance, and time-bound clearances through the FastTrack Punjab Portal, one of India’s most…

13 Nov

Colab Platforms Delivers Robust Financial Performance with INR 4,139.17 Lakh Revenue in Q2 FY26, up 7,625% Year on Year

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Reflecting operational discipline and continued scalability within its business framework. New Delhi [India], November 13: Colab Platforms, a Diversified Technology Company, has announced its exceptional financial results for the quarter and half-year ended September 30, 2025, reporting revenue of ₹4,139.17 lakh, a 7625% year-on-year growth. The company delivered another quarter of strong growth and profitability, underscoring its execution capabilities, effective cost discipline, and growing market traction across its Technology offerings. During the second quarter of FY26, Colab platforms recorded consolidated revenue of ₹4,139.17 lakh, representing a 7,625% year-over-year growth from ₹53.58 lakh in Q2 FY25. Net profit stood at ₹154.63…

13 Nov

Shapoorji Pallonji Real Estate partners with BOSCH Car Service to launch in-residence Xpress Car Care at The Dualis, Gurugram

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MoU signed between SPRE and BOSCH Car Service for Xpress Car Care at The Dualis. New Delhi [India], November 13: Shapoorji Pallonji Real Estate (SPRE), one of India’s most trusted real estate developers, has announced a strategic partnership with BOSCH Car Service, facilitated by their authorised service centre, Multibrand Expert Solutions, through a Memorandum of Understanding (MoU) to establish and operate an Xpress Car Service Centre within The Dualis, SPRE’s luxury residential project in Sector 46, Gurugram. Under this collaboration, BOSCH Car Service, through its authorised partner, will set up a fully equipped multi-brand car care facility on the premises of The Dualis.…

13 Nov

Basilic Fly Studio Reports Robust H1’ 26 Performance; New wins, Overseas Business Power Revenue & PAT Growth

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Chennai (Tamil Nadu) [India], November 12: Basilic Fly Studio Limited (BFS), a pioneering force in the world of visual effects (VFX), renowned for creating immersive and high-impact visual experiences, today has announced its unaudited financial results for Q2 & H1 FY’26. BFS concluded H1 FY ‘26 with outstanding financial and operational milestones, achieving a 2.5x revenue growth YoY to ₹190.5 Cr (vs ₹77.4 Cr in H1 FY ’25), alongside a 107.0% increase in EBITDA and 117.1% surge in PAT. New wins drive India business growth, & Overseas business growth is driven by full 6 months consolidation in the current year…

13 Nov

Maiden Forgings Limited Successfully Registered with Centre for Military Airworthiness & Certification (CEMILAC), Bengaluru

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Mumbai (Maharashtra) [India], November 12: Maiden Forgings Limited (MFL), one of the leading manufacturers of bright steel bars and wires, is pleased to announce that it has been officially registered with the Centre for Military Airworthiness & Certification (CEMILAC), DRDO Bengaluru, under the Ministry of Defence, Government of India. This certification marks another important milestone in MFL’s journey as it reinforces the company’s credentials in the defence manufacturing ecosystem. With this registration, MFL is now eligible to supply products for use in defence applications, thereby strengthening its participation in India’s growing indigenous defence supply chain. Commenting on this Achievement, Mr Nishant…