Business Insights
Bengaluru-based real estate developer Sobha Ltd has posted a stellar performance for the first quarter of FY25, registering a significant growth in its consolidated net profit and revenue. The company reported a net profit of ₹13.61 crore for the April–June quarter, more than double the ₹6.14 crore it earned in the same quarter last year….
In a significant stride towards indigenous defence and maritime capability, Bharat Earth Movers Limited (BEML) and Hindustan Shipyard Limited (HSL) have officially joined hands to co-develop and manufacture advanced marine systems. This strategic alliance aims to strengthen India’s self-reliance in maritime defence technologies and aligns with the broader goals of Atmanirbhar Bharat in the defence…
In a significant move aimed at boosting domestic defense production and expanding manufacturing capacity, Bharat Electronics Limited (BEL) has awarded a ₹177 crore contract to RITES Limited for developing a major manufacturing facility in Andhra Pradesh. This contract is a key milestone in India’s self-reliance (Aatmanirbhar Bharat) mission in the defense electronics sector and further…
In a significant testament to India’s growing strength in global healthcare, the country’s pharmaceutical exports have soared by a staggering 92% over the last six years. Union Minister of Chemicals and Fertilizers highlighted the milestone recently, calling it a defining moment for India’s pharma industry, which has emerged as a dependable global partner in supplying…
Coforge Ltd, the mid-cap IT services major, reported its first quarter (Q1 FY26) results with net profit rising 22% year-on-year to ₹226 crore, slightly below street estimates of ₹234 crore. The company declared an interim dividend, demonstrating confidence in its future growth amid evolving global technology demand cycles. Q1 FY26 Financial Highlights The Noida-headquartered IT…
In a landmark deal reshaping India’s alcobev sector, Tilaknagar Industries Ltd (TI) has announced the acquisition of the popular whisky brand Imperial Blue from Pernod Ricard India for Rs 4,150 crore on a slump-sale basis. The acquisition, once completed, will catapult Tilaknagar Industries into India’s top three whisky makers, significantly expanding its market share, portfolio…
In a significant strategic move, Jubilant Bhartia Group has acquired a 40% stake in Hindustan Coca-Cola Holdings (HCCH), marking its entry into India’s fast-growing beverage bottling and distribution sector. This acquisition is expected to strengthen HCCH’s business structure in India, enhance operational synergies, and support Coca-Cola’s long-term growth ambitions in one of its largest markets…
Dalmia Bharat Ltd, one of India’s leading cement manufacturers, reported a strong set of Q1FY26 results with net profit nearly tripling year-on-year, driven by higher cement sales volumes, better operational efficiencies, and lower input costs. The company reported a consolidated net profit of ₹393 crore for the quarter ended June 30, 2025, compared to ₹135…
KEI Industries, one of India’s leading cable manufacturers, is betting aggressively on its new Gujarat plant to drive export growth and solidify its position as a global player in the cables and wires industry. The company has announced that its upcoming plant in Gujarat will cater significantly to international markets, including North America, Europe, and…
Colgate Palmolive India has reported a net profit decline of 11.8% year-on-year to ₹321 crore for the first quarter ended June 30, 2025, compared to ₹364 crore in the same quarter last year. The leading oral care company attributed the decline in profit to higher raw material costs and promotional spending even as revenue showed…
