Category: Business

Mumbai (Maharashtra) [India], February 12: Krishival Foods Limited, (NSE – KRISHIVAL, BSE – 544416 | INE0GGO01015), a fast-growing Indian FMCG company with a diversified portfolio spanning dry fruits, nuts, and ice cream under the brands Krishival Nuts and Melt N Mellow, has announced its unaudited financial results for Q3 and 9M FY26.

The company delivered another strong quarter, supported by robust festive and wedding-season demand, deeper reach across Tier II and Tier III markets, and steady traction across general trade, modern trade, quick-commerce, and export channels. Sustained growth in the Nuts business and a successful turnaround in the Ice Cream segment, which is now contributing at the PAT level, emerged as key highlights of the quarter.

Key Financial Highlights:

Q3 FY26 Consolidated Financial Highlights

• Total Revenue of ₹ 76.86 Cr, YoY growth of 40%

• EBITDA of ₹ 11.54 Cr, YoY growth of 263%

• EBITDA Margin of 15.01%, YoY growth of 159%

• Net Profit of ₹ 6.41 Cr, YoY growth of 11,709%

• Net Profit Margin of 8.34%, YoY growth of 8240%

9M FY26 Consolidated Financial Highlights

• Total Revenue of ₹ 197.57 Cr, YoY growth of 52%

• EBITDA of ₹ 28.89 Cr, YoY growth of 77%

• EBITDA Margin of 14.62%, YoY growth of 16.40%

• Net Profit of ₹ 16.61 Cr, YoY growth of 99%

• Net Profit Margin of 8.41%, YoY growth of 31.40%

Commenting on the Performance, Mr. Sujit Bangar – Chairman & Whole-Time Director, said,
“Q3 FY26 represents a strategic inflection point for Krishival Foods, with our Ice Cream business, Melt N Mellow, beginning to contribute at the PAT level-well ahead of scale maturity. This reflects the strength of our operating model, improved capacity utilisation and a sharp focus on cost discipline, even amid seasonal headwinds.

Our Nuts business, Krishival Nuts, continues to deliver consistent topline growth and margin expansion, supported by premiumisation, festive and wedding-led demand, procurement discipline and operating leverage.

With the successful completion of our 9,999.48 lakh Rights Issue, we are well-capitalised to invest in processing infrastructure, working capital efficiency and scalable, margin-accretive growth initiatives. We remain focused on building a differentiated, profitable FMCG platform with sustainable returns for shareholders.”

Segment-wise Performance Highlights:

Nuts & Dried Fruits – Krishival Nuts
• Q3 FY26 revenue at ₹54.82 crore, up 14.7% YoY, supported by festive and wedding-season demand

• Q3 FY26 EBITDA grew 107% YoY to ₹9.65 crore, reflecting operating leverage

• Q3 FY26 PAT increased 146% YoY to ₹5.88 crore

• 9M FY26 revenue stood at ₹147.19 crore, up 22% YoY

• 9M FY26 EBITDA grew 40% YoY to ₹24.83 crore; PAT increased 45% YoY to ₹15.44 crore

• Growth driven by premiumisation, deeper reach across Tier II and Tier III markets, and GST rate rationalisation supporting demand

Ice Cream – Melt N Mellow
• Q3 FY26 revenue at ₹21.01 crore, up 122% YoY

• Q3 FY26 EBITDA turned positive at ₹2.85 crore versus a loss of ₹1.78 crore YoY

• Q3 FY26 PAT turned profitable at ₹0.58 crore versus a loss of ₹2.33 crore YoY

• 9M FY26 revenue grew 71% YoY to ₹52.45 crore

• 9M FY26 EBITDA improved to ₹6.08 crore from a loss of ₹0.51 crore YoY; PAT turned positive at ₹1.21 crore

• Q3 FY26 marked a key inflection point, driven by improved operational efficiency, higher capacity utilisation, and expanding brand visibility across Western and Southern India, despite seasonal softness in the winter quarter

Rights Issue Update
• Successfully completed a ₹9,999.48 lakh Rights Issue, strengthening the company’s capital base

• Rights Issue ratio set at 45 equity shares for every 301 fully paid-up equity shares held

• Proceeds to be utilised for part-funding capital expenditure towards a new nuts processing and packaging facility in Kolhapur, Maharashtra

• Allocation towards working capital augmentation, supporting improvement in the working capital cycle

• Balance allocated for general corporate purposes

• The capital raise enhances balance sheet strength and supports capacity-led, margin-accretive growth

Operational & Business Highlights

Geographical Reach
• Krishival Nuts expanded its footprint to 110+ Tier II and Tier III cities and towns, supported by a network of 10,000+ retail touchpoints

• Melt N Mellow is now available across 26,000+ retail touchpoints spanning Maharashtra, Karnataka, Goa, Telangana, and Andhra Pradesh

• As of December 31, 2025, the Company has deployed 9,895 deep freezers across retail touchpoints in Maharashtra, Karnataka, Goa, Telangana, and Andhra Pradesh, strengthening cold-chain infrastructure and enhancing on-ground brand visibility

Exports
• Krishival Nuts established presence in Singapore with distribution across 300+ retail touchpoints

• Export revenue for the quarter stood at ₹1.68 crore, contributing approximately 3% of total sales

Strategic Outlook
• Expand nuts and dried fruits processing capacity from 10 MT per day to 40 MT per day over the next three years, supporting long-term volume growth and margin expansion

• Ice Cream Division operates a state-of-the-art facility with installed capacity of 1 lakh litres per day, with a phased ramp-up to full utilisation planned over the next three years

• Strengthen presence across Maharashtra, Madhya Pradesh, Delhi NCR, Karnataka, Telangana, and Andhra Pradesh, deepening penetration in both existing and new markets

• Scale exports in Singapore and the United States, building on early traction to expand global reach

• Integrated value chain, dual-brand portfolio, and early leadership in Tier II and Tier III markets position the Company for sustainable, profitable growth and a premium-yet-accessible brand proposition

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Mumbai (Maharashtra) [India], February 12: Nandani Creation Limited (NCL), India’s leading women’s wear company operating under its flagship brand “Jaipur Kurti”, announced its results for Q3 and 9M ended on December 31st, 2024, on 09th February, 2026.

Financial Performance:

• Strong Revenue Momentum

Net Sales grew 65% YoY in 9MFY26 and 100% YoY in Q3FY26, marking the third consecutive quarter of robust top-line growth despite a challenging industry environment.

• Stable EBITDA Margins with Strategic Investments

EBITDA margin remained steady in the ~7% range during 9MFY26. The moderation versus the prior year is primarily due to a deliberate strategic shift from own manufacturing to flexible, demand-based sourcing and increased investments in brand-building initiatives.

Key highlights: 

• ₹100 Cr Brand Milestone Achieved:

Flagship brand Jaipur Kurti crossed ₹100 crore in sales for Calendar Year 2025 – a ~46% YoY growth – positioning the company among a select group of Indian women’s ethnic wear brands that have scaled to this level while maintaining profitable operations.

• Brand Premiumization Driving Higher Realizations

A proactive shift towards aspirational brand positioning, supported by an expanding offline retail presence and an increased focus on premium offerings such as Jaipur Kurti Luxe and Amaiva – by Jaipur Kurti, has resulted in a healthy improvement in Average Selling Price (ASP), as such

• ASP in offline (retail) channels increased to ₹2,669 in 9MFY26, from ~ ₹1,707 in 9MFY25.
• ASP in online marketplace channels improved to ~ ₹1,147 in 9MFY26, compared to ₹1,108 in 9MFY25.

Hence, improving revenue quality and setting the stage for better margins ahead.

• Smart Channel Diversification & High-Growth Expansion

Optimized existing mix during 9M:

• 3rd-party online marketplaces (Myntra, Nykaa, Flipkart, Ajio, InstaMart etc.): 35%
• 3rd-party retail presence (Trends, Centro, Shoppers Stop, SIS, LFRS etc.): 29%
• Own channels (EBOs + Website + Wholesale): 36%

New channels scaling rapidly:

• Presence in 100+ Reliance Trends stores, 12+ Centro, 12+ Shoppers Stop, 40+ Avantara & Kalanikethan Stores
• Quick commerce already contributing ~3% of total sales
• Additional LFRS and quick-commerce rollouts planned for coming quarters

• Efficient Omni-Channel Model with Strong Operational Leverage
• 16+ Exclusive Brand Outlets / Franchisees operational
• 80+ SIS counters across key markets
• Omni-channel experience live and expanding
• Strategic partnerships with all major online platforms + leading national LFRS and quick-commerce players

 

Commenting on the results, Mr. Anuj Mundhra, Chairman & Managing Director of Nandani Creation Limited commented:

“The Indian fashion retail industry has faced several challenges over the past few quarters, including subdued consumer demand and persistent inflationary pressures, which impacted discretionary spending across the sector.

Despite these headwinds, Nandani Creation Limited delivered a strong performance during the nine-month period. I am pleased to share that we achieved ₹100+ crore in sales during calendar year 2025, reflecting the strength of our brand, diversified channel presence, and disciplined execution.

Going forward, based on improving customer traction and expanding distribution reach, we believe we are well-positioned to increase our market share and evolve into a leading brand in women’s Indian wear.”

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Ahmedabad (Gujarat) [India], February 12: Indo SMC Limited (BSE: 544681), an ISO-certified manufacturer specializing in SMC, FRP, and electrical components for power distribution and infrastructure applications, has announced its unaudited financial results for the third quarter ended December 31, 2025 (Q3 FY26).

The Company delivered a robust operational and financial performance during the quarter, supported by strong order inflows, improved execution, and disciplined cost management.

Q3 FY26 Highlights

• Total Income₹10,159.11 lakhs, up 35% QoQ

• EBITDA: ₹1,645.38 lakhs, up 23% QoQ

• EBITDA Margin: 16.20%

• Net Profit (PAT): ₹1,209.73 lakhs, up 34% QoQ

• Net Profit Margin: 11.90%

Q3 FY26 Business Highlights

• Secured ₹54+ crore of fresh orders across 11 kV metering cubicles, FRP cable trays, and SMC meter boxes, strengthening revenue visibility.

• Secured ₹40+ crore of fresh orders for supply of HT Air Insulated Bus Ducts rated for 650A, designed for underground high-tension power distribution systems.

• Received MSEDCL vendor approval for 11 kV metering cubicles, enabling participation in large utility tenders.

• Continued repeat orders from reputed customers, reflecting strong customer relationships.

• Improved working capital efficiency, with receivable days reduced to ~40 days in Q3 FY26.

Commenting on the performance, Mr. Neel Nitesh bhai Shah, Managing Director & CFO, Indo SMC Limited, said:

“Q3 FY26 marked an important milestone for Indo SMC as our first earnings call following listing. The quarter reflected strong operational execution and progress across key business priorities, supported by disciplined execution and a continued focus on quality and customer relationships.

During the quarter, we secured fresh orders, strengthening our overall order book and providing strong revenue visibility for the coming quarters. Key developments included receiving utility approvals for metering cubicles, continued repeat orders from existing customers, and a significant improvement in working capital efficiency, reflecting better collections and disciplined financial management.”

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Mumbai (Maharashtra) [India], February 11:  Marushika Technology Limited is an emerging provider of excellence-driven solutions in Information Technology infrastructure, specializing in data centers and cybersecurity solutions, has announced the opening of its Initial Public Offering on February 12, 2026, with a proposed issue size of ₹26.97 Crore, and the shares are proposed to be listed on the NSE Emerge Platform.

Equity Share Allocation

• QIB – Not more than 10,87,200 Equity Shares
• NII – Not less than 3,31,200 Equity Shares
• RII – Not less than 7,70,400 Equity Shares
• Market Maker – 1,16,400 Equity Shares

The net proceeds from the IPO will be utilized towards Repayment and/or pre-payment, in part or full, of certain borrowings availed by the Company, Funding Working Capital Requirements and General Corporate Purposes.

The issue will open for public subscription on Thursday, February 12, 2026 and close on Monday, February 16, 2026.

Nexgen Financial Solution Private Limited is acting as the Book Running Lead Manager to the issue, and Skyline Financial Services Private Limited is the Registrar to the issue.

• Fresh Issue Size – 23,05,200 Equity Shares of ₹ 10 each
• Issue Size – ₹ 26.97 Crore
• Issue Price – ₹ 111 – ₹ 117 Per Share
• Lot Size – 1,200 Equity Shares

Ms. Monicca Agarwaal, Managing Director of Marushika Technology Limited said: 

“The opening of our IPO marks an important milestone in Marushika Technology Limited’s growth journey. Over the last 15+ years, we have built strong capabilities across IT & telecom infrastructure, data centre solutions, cybersecurity, smart technologies, and defence auto-tech, with a primary focus on serving government, PSU, and institutional clients.

Our business has evolved alongside India’s digital and infrastructure transformation, enabling us to execute complex, mission-critical projects with a strong emphasis on quality, reliability, and timely delivery. We have consistently expanded our solution portfolio, strengthened our OEM partnerships, and deepened relationships with key customers across sectors such as defence, railways, urban infrastructure, and public safety.

The proceeds from the issue will help us strengthen our balance sheet, support working capital requirements, and position the Company for the next phase of growth. With increasing digital transformation, cybersecurity needs, and government-led infrastructure initiatives, we believe Marushika is well placed to capitalize on emerging opportunities while continuing to deliver reliable and technology-driven solutions to our clients.”

Mr. Sanjeev Gupta, Co-Founder & Managing Director of Nexgen Financial Solution Private Limited said,

“As we step into the IPO journey with Marushika Technology Limited, we see a company that is well positioned to benefit from India’s accelerating digital transformation, increasing investments in data centres, rising cybersecurity requirements, and government-led smart infrastructure initiatives.

Marushika Technology has built a diversified business model with capabilities spanning IT & telecom infrastructure, smart solutions, and defence auto-tech, supported by strong execution capabilities and long-standing relationships with government and PSU clients.

The Company’s consistent financial performance, healthy return ratios, and robust order pipeline reflect a scalable operating platform. We believe this IPO will support Marushika’s plans to strengthen its balance sheet, meet working capital requirements, and pursue sustainable long-term growth while creating value for all stakeholders.”

About The Company:

Incorporated in 2010, Marushika Technology Limited is a New Delhi-based technology solutions company providing end-to-end IT & telecom infrastructure, data centre solutions, cybersecurity services, smart solutions, and defence auto-tech services. The Company operates through B2B and B2G models, with a strong focus on government departments, PSUs, and large institutional clients.

Marushika’s offerings include:

• Data centre infrastructure and power management solutions
• Cybersecurity and data protection services
• Surveillance, video walls, networking, and IP-based telephony systems
• Smart city solutions including access control, parking, and waste management
• Defence auto-tech services such as refurbishment, maintenance, and reverse engineering of military vehicles

The Company serves reputed clients including BEL, DMRC, Railtel, Indian Railways, Delhi Police, Indian Air Force, and other government agencies, with a presence across 17 states in India.

In FY25, the company recorded a Revenue of ₹ 8,524.87 Lakhs, EBITDA of ₹ 1,047.26 Lakhs, and PAT of ₹ 628.64 Lakhs.

In Sep’25, the company recorded a Revenue of ₹ 4,863.94 Lakhs, EBITDA of ₹ 563.53 Lakhs, and PAT of ₹ 313.83 Lakhs.

Disclaimer: 

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For Further Information Please Contact:

Milind Apte – Director

AKMIL Strategic Advisors Private Limited

milind@akmiladvisors.com

Mo. – 98209 41925

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Vasai (Maharashtra) [India], February 11: Under the Pradhan Mantri Awas Yojana (PMAY) during the calendar year 2026, Suraksha Smart City, Vasai is ready to begin the phased delivery of 5,868 Economically Weaker Section (EWS) homes. One of the largest integrated township developments in the Mumbai Metropolitan Region (MMR) deliveries will be undertaken building-wise across Phase 1 of the project.

A milestone that reinforces Suraksha Group’s commitment to the Government of India’s ‘Housing for All’ mission also tells the story of Vasai’s emergence as a key residential hub under the Mumbai 4.0 growth framework. The large-scale handover of homes under the PMAY is expected to ensure a positive and meaningful contribution to the affordable housing ecosystem in the MMR.

Suraksha Smart City has been built with the use of advanced precast construction technologies, supported by one of the most extensive mechanisation initiatives in the country. The integration of a first-of-its-kind 3D casting module has enabled consistent quality control and accelerated execution, ensuring timely delivery of homes built to robust standards.

Commenting on the development, Jash Panchamia, Promoter, Suraksha Smart City said, “Delivering homes at this scale under PMAY represents more than a construction achievement. It reflects our belief that affordability should never come at the cost of quality or planning. We have been innovative and ensured disciplined execution and aim to create long-term value for residents as we contribute meaningfully to the region’s overall urban growth.”

The 1 BHK PMAY homes are priced at Rs 22.5 lakh and structured to enable beneficiaries to combine personal contribution with a direct government subsidy of Rs 2.5 lakh, making home ownership attainable for first-time buyers. Select buildings have already applied for Occupation Certificates, and homebuyers have begun site inspections, marking a significant emotional milestone for many families.

The fit-out is being executed in a phased and safety-focused manner, with deliveries planned building-wise. Located within walking distance of Vasai Railway Station, Suraksha Smart City combines affordability with access to essential infrastructure and township amenities, offering residents a balanced urban lifestyle.

The commencement of PMAY home deliveries at Suraksha Smart City, Vasai will continue to strengthen Suraksha’s position as a focal point for inclusive housing development, adding renewed momentum to the real estate landscape of the Mumbai Metropolitan Region.

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The 74th Indian Foundry Congress (IFC) & Indian Foundry Exhibition (IFEX) 2026 to be held between 12-14 Feb, 2026 at Bombay Exhibition Centre, NESCO in Mumbai

Mumbai (Maharashtra) [India], February 11:  India’s foundry industry, the world’s second-largest casting producer, is thriving. The Indian foundry market that was valued at USD 23.6 billion in 2024, is now projected to reach USD 42.5 billion by 2029, growing at a 9.4% CAGR, significantly outperforming global averages, revealed the ‘Bharat Foundry 360° Insight 2025 – 2047 Report’  launched on the sidelines of the 74^thIndian Foundry Congress (IFC) and Indian Foundry Exhibition (IFEX), 2026, which will be held from 12^th to 14^th February at NESCO Exhibition Centre in Mumbai. The Institute of Indian Foundrymen (IIF), an apex body of the metal-casting industry hosts the largest foundry event of the year.

According to the Report, the long-term projections by Global Market Insights (GMI) suggest that the Indian Foundry industry could reach USD 169 billion by 2047, positioning India among the top three foundry markets globally.

India currently produces approximately 12 million tonnes of castings annually, accounting for nearly 11% of global casting output, making it the second-largest casting producer worldwide. The industry comprises around 4,500 foundries, of which 85% are small-scale units, 10% medium-scale, and 5% large-scale operations. Despite this fragmented structure, the sector has achieved a turnover of USD 20 billion, with exports valued at USD 3.54 billion, primarily to the USA (27.8%), Germany (7.5%) and the UK (6.4%). Further, the sector remains a major employment generator, providing direct employment to around 500,000 people and supporting 1.5 million indirect jobs across supply chains, logistics, tooling and allied services, reads the Report.

In terms of categories, the Report observes that the ferrous castings dominate the industry, contributing 83.8% of total output, led by grey iron, ductile iron and steel while non-ferrous castings account for 16.2%, with aluminium holding a 63.4% share and expected to grow at an 11.2% CAGR, driven by demand from automotive, Electrical Vehicles (EVs), electronics and renewable energy sectors. Further, the Government initiatives such as ‘Make in India’, PLI schemes and the Industry 4.0 Mission, combined with rapid adoption of robotics, IoT, AI-based design, 3D printing and advanced furnace technologies, are accelerating the industry’s transition toward high-value, globally competitive manufacturing.

The 74^th Indian Foundry Congress (IFC) and Indian Foundry Exhibition (IFEX), 2026 to be held at NESCO Exhibition Centre, Mumbai from February 12 to 14, will witness a comprehensive view of the sector’s future. The key highlight of the 74th IFC will be unveiling of the Bharat Foundry 360° Insight 2025 -2047Report on the first day of the three-day event tomorrow.

The IFC and IFEX 2026 will serve as a strategic platform for Indian and overseas companies to showcase advanced technologies, solutions and services to one of the fastest-growing foundry markets globally. The event is expected to attract strong participation from exhibitors, buyers and technical experts across India and neighbouring countries, opening new avenues for business collaboration and technology transfer.

Commenting on IFEX 2026, President IIF 2025-26 Mr. Sushil Sharma said, “IFEX 2026 is not just an exhibition; it is a convergence of technology, policy and market opportunity. With India’s foundry industry growing at over 9% CAGR and projected to reach USD 169 billion by 2047, this platform enables Indian and global players to engage meaningfully, adopt next-generation technologies and collectively shape India’s journey toward becoming a global foundry leader.”

The Chairman of 74th IFC organizing committee and the Past President of the Institute Mr. Amish Panchal said, “The 74th Indian Foundry Congress is a significant platform for knowledge exchange, innovation and collaboration within the foundry fraternity. It brings together industry leaders, technologists and researchers to discuss emerging trends, sustainability, and global competitiveness, while strengthening the Institute’s commitment to advancing India’s foundry sector.

IFEX 2026 Chairman and the Past President of the Institute, Mr. Subodh Panchal said, “The IFEX 2026 will showcase cutting-edge technologies, advanced machinery and solutions that define the future of the foundry industry. The exhibition aims to connect manufacturers, suppliers and global stakeholders, fostering business opportunities and technological progress, while reinforcing India’s position as a dynamic and competitive foundry hub.”

With strong domestic demand, expanding exports and a clear vision for modernisation, IFEX 2026 and the 74th Indian Foundry Congress are set to reinforce India’s position as a future-ready hub for high-quality, sustainable and technologically advanced castings.

The Chairman of 74th IFC organizing committee and the Past President of the Institute Mr. Amish Panchal said, “The 74th Indian Foundry Congress is a significant platform for knowledge exchange, innovation and collaboration within the foundry fraternity. It brings together industry leaders, technologists and researchers to discuss emerging trends, sustainability, and global competitiveness, while strengthening the Institute’s commitment to advancing India’s foundry sector.

IFEX 2026 Chairman and the Past President of the Institute, Mr. Subodh Panchal said, “The IFEX 2026 will showcase cutting-edge technologies, advanced machinery and solutions that define the future of the foundry industry. The exhibition aims to connect manufacturers, suppliers and global stakeholders, fostering business opportunities and technological progress, while reinforcing India’s position as a dynamic and competitive foundry hub.”

With strong domestic demand, expanding exports and a clear vision for modernisation, IFEX 2026 and the 74th Indian Foundry Congress are set to reinforce India’s position as a future-ready hub for high-quality, sustainable and technologically advanced castings.

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Mumbai (Maharashtra) [India], February 11: Dev Information Technology Limited, (NSE – DEVIT, BSE – 543462 | INE060X01034), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has announced its Unaudited Financial Results for Q3 & 9M FY25.

Key Consolidated Financial Highlights 

9M FY26 Consolidated Financial Highlights

• Total Revenue of ₹137.50 Cr, YoY growth of 4.07%

• EBITDA of ₹2.19 Cr

• PAT* of ₹66.64 Cr, YoY growth of 388.37%

• PAT Margin of 48.47%, YoY growth of 3,814 bps

• EPS of ₹11.69, YoY growth of 381.07%

*Includes Exceptional Unrealised gain of ~₹92 crore on reclassification of EV Accelerator stake post IPO

Commenting on the performance, Mr. Pranav Pandya Founder & Chairman, said, “This quarter reflects a phase of purposeful investment and platform strengthening, with the focus firmly on building capabilities that support long-term growth. Alongside steady revenue momentum, the period saw continued investments across talent, technology, and strategic partnerships to deepen the Company’s presence in high-growth digital areas and strengthen its operating platform.

The quarter also marked meaningful progress on execution and market positioning. The achievement of CMMI Maturity Level 5 reinforces the Company’s commitment to delivery excellence, while the alliance with XDuce creates a strong pathway to scale operations in North America across AI, cloud, data, and cybersecurity. With a growing pipeline and a sharper focus on execution efficiency and scalable delivery, the Company is well positioned to convert these initiatives into sustained and consistent growth in the periods ahead.”

Key Recent Business Highlights

CMMI Level 5 Certification: Appraised at CMMI Maturity Level 5 (Version 3.0) for Development, reflecting the highest level of process maturity and delivery excellence.

Strategic Alliance with XDuce: Partnered with XDuce to accelerate North America growth and expand capabilities across AI, cloud, blockchain, cybersecurity, and data services.

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