Mumbai: India’s leading wind energy solutions provider, Inox Wind Limited, has seen a challenging quarter, with its Q4 Profit After Tax (PAT) falling 45% from ₹192 crore in Q4FY25 to ₹106 crore this time. This is despite its revenues remaining relatively flat at ₹1,306 crore from Rs. 1,316 crore recorded during the same quarter last year, the company revealed in a regulatory filing. The company has faced challenges with its legacy EPC vertical as well as geopolitical component friction, which has seen the wind giant shift away from site development to insulate future revenues. The Reasons: Geopolitical Friction & Working…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
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Mumbai: India’s largest paint and coatings manufacturer, Asian Paints Limited, has delivered an exceptional performance, with net profit rising to ₹1,172 crore, up 69% from ₹692.13 crore in the corresponding quarter of FY25. For the company, strong volume growth in the domestic decorative space had stabalised raw material input pools, helping Asian Paints beat analysts’ expectations of a muted quarter. This has also meant sales have increased 10% to ₹9,228.5 crore this quarter, compared to ₹8,329.6 crore from the corresponding quarter last year, according to media reports and regulatory filings. Along with this, Asian Paints has declared a final dividend…
Mumbai: Heavy electrical infrastructure component manufacturer RIR Power Electronics Limited has seen its Profit After Tax (PAT) rise 18.81% to ₹8.28 crore in FY26 from ₹ 6.72 crore reported last year. The company has witnessed strong domestic growth in its rolling stock, heavy defence traction, and green energy inverter industries. The company has been working to address its order backlog worth ₹17 crores, as the company looks to fulfill its near-term deliveries. Besides this, RIR Power is looking to commission India’s first end-to-end Silicon Carbide (SiC) fabrication plant by July 2026, with the cleanroom construction to get completed soon, with…
For 2026, Acche Din will remain a jumla that makes no sense, with literally no chance of the hope of change. Instead, Acche Din has remained a mirage so far, especially for the hardworking farmers and labourers toiling in the 40 degree heat with no way to escape the current heatwave. And things are going to get worse. According to the Indian Meteorological Department (IMD), this year will see below normal rainfall which will remain 6% below normal. For India, this could already exacerbate the inflationary pressure we’re seeing currently, after fuel prices were raised due to the US-Iran war. …
Mumbai: Power equipment manufacturer APAR Industries has delivered a strong set of numbers for the quarter ended March 31, 2026 with its net profit rising to ₹254.52 crores, a 4% rise from the same period last year. The company has seen demand rise both domestically and internationally as a rising demand for energy and transportation has helped the company. Along with the results, the company’s board has also announced a final dividend of ₹51 per equity share for the financial year 2025-26. The Three Engines of Growth APAR’s performance has come at a time when clean energy and a global…
Mumbai: Retail Non-Banking Financial Company (NBFC) IndoStar Capital Finance Limited has announced a ₹424 crore loss in Q4 FY26 as the company has had to take a credit and accounting hit on its stressed assets. Excluding this, the company has seen a healthy 5% growth in Assets Under Management (AUM) for the quarter at ₹8,056 crores, strengthened by its core vehicle finance business and its emerging property mortgage business. Promising Numbers Underneath the Losses Despite the cash-only, one time loss, Indostar has seen its retail lending business grow well, with its Net Interest Income (NII) surging 8.9% to ₹215 crore,…
Bengaluru: Luxury furniture designer Stanley Lifestyles Limited reported a 55.5% drop in net profit for the financial year 2026 to ₹130 crore as the company has faced major challenges with slowing B2B demand and heightened supply chain disruptions. Revenues were also down from ₹4,262 crore in FY25 to ₹4,193 crore this time, a 1.6% year on year decline. Despite that, the company has expanded its store network to 71 across its brands, as it aimed to boost its long term omni channel marketing strategy and scale up into newer geographies. Squeezed by B2B Demand Slump & Logistics Issues Stanley has…
It’s been 18 years since the first Indian Premier League (IPL) tournament was played in India with 8 franchised teams across the country. Since then, the league has lost much of its sheen, even as the event seems to continue to grow grander by the day. With the IPL almost over, we have seen 10 teams competing for the title, up from 8, with the IPL now becoming a yearly summer extravaganza that isn’t as popular as the Cricket World Cup or T20 World Cup, which come once every four years. But the IPL doesn’t feel that special anymore, especially…
Hyderabad: Engineering and infrastructure solutions player Pennar Industries Limited (PIL) has delivered a strong set of financials for the final quarter of the year 2025-26. During this period, the company’s profits rose 14.89% year-on-year to ₹41.04 crore, as against ₹35.72 crore during the same period last year. The company managed to do this despite revenues increasing just 2.2% during the period at ₹933.70 crores as the company showcased its sharp operational leverage and structural cost control measures across its processing plants. The Operational Leverage The primary catalyst behind this has been a structural shift in its product mix, as it…
Hyderabad: India’s leading homegrown defence startup Zen Technologies Limited has announced the launch of its Integrated Smart Border Suite (ISBS) as it looks to meet India’s unique defense requirements at the borders. This introduces an interconnected anti-infiltration and counter-hybrid warfare asset that allows India to safeguard its land frontiers. This announcement comes after Union Home Minister Amit Shah declared that India will now roll out a nationwide ‘smart border’ project aimed at securing about 6,000 km of borders with Pakistan and Bangladesh using advanced technologies like drones, radar and smart surveillance systems. This suite provides a turnkey command layer capable…
