Category: Business

  • Taurian MPS Limited Reports Stable H1 FY26 Results With INR 32.29 Cr Revenue and INR 3.67 Cr Net Profit

    Taurian MPS Limited Reports Stable H1 FY26 Results With INR 32.29 Cr Revenue and INR 3.67 Cr Net Profit

    Mumbai (Maharashtra) [India], November 15: Taurian MPS Limited (Taurian, The Company) (NSE Code: TAURIAN), one of India’s growing engineering and manufacturing players in crushing, screening, washing, and material-processing solutions, has announced its Unaudited Financial Results for H1 FY26.

    Key Financial Highlights

    Key Consolidated Financial Highlights H1FY26

    • Total Income of ₹ 32.29 Cr
    • EBITDA of ₹ 6.77 Cr
    • EBITDA Margin of 20.96%
    • Net Profit of ₹ 3.67 Cr
    • Net Profit Margin of 11.36%
    • EPS of ₹ 5.65

    Commenting on the performance, Yashvardhan Bajla, Managing Director of Taurian MPS Limited, said, “H1 FY26 has been a period of stable progress for us, supported by steady activity across the mining, aggregates, and infrastructure sectors. While the overall momentum in the industry has been mixed due to fluctuating commodity trends and slower decision cycles in some regions, demand for crushing, screening, and washing solutions continues to strengthen.

    Our revenue performance for the half-year reflects this steady operational environment. More importantly, we have continued to execute efficiently across projects, expand our product offerings, and enhance our aftermarket and service capabilities, which remain a critical pillar of our long-term strategy.

    As we move into the second half, we remain cautiously optimistic, supported by a healthy enquiry pipeline, strengthening domestic presence, and improving traction in select export markets. We remain committed to disciplined execution, technology-led differentiation, and delivering reliable solutions that help our customers achieve higher productivity and lower operating costs.”

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  • Praveg Limited Receives Letter of Award for Development of Resort at Dhordo, Kutch, Gujarat

    Praveg Limited Receives Letter of Award for Development of Resort at Dhordo, Kutch, Gujarat

    Ahmedabad (Gujarat) [India], November 19: Praveg Limited, India’s leading eco-responsible luxury resorts company, announced that it has received the Letter of Award (LoA) on November 18, 2025, for the development, operation and management of a new resort project at Dhordo, Kutch, Gujarat.

    The project entails the development of 46 rooms/keys (luxury tents) and 42 dormitories (total capacity of 252 beds), equivalent to 126 standard rooms, thereby further strengthening the Company’s hospitality footprint in Dhordo. This award is in addition to the existing 30 Bhungas currently operated by Praveg Limited at the location under a 5-year agreement.

    The project has been granted a concession period of 35 (thirty-five) years, providing significant long-term visibility for business growth and value creation. The Company anticipates robust performance from the upcoming resort, with Expected Average Room Rate (ARR) ranging between INR 12,000 and INR 15,000 per night for Rooms and INR 2,500 to INR 3,500 per bed for Dormitories, supported by an expected occupancy rate of 55% to 60%, driven by rising tourist demand and strong seasonal inflows during the Rann Utsav.

    This development is expected to deliver substantial strategic and economic advantages, including strengthening Praveg’s presence at a globally recognized tourism destination, significantly augmenting accommodation capacity for domestic and international travelers, and generating long-term financial value through an asset-light concession model. The project is also likely to stimulate socio-economic growth by creating employment opportunities and supporting regional tourism infrastructure, while upholding Praveg’s commitment to environmentally conscious development and low-impact hospitality solutions.

    Speaking on the occasion, Dr. CA Vishnu Patel, Chairman of Praveg Limited, said, “We are delighted to receive the Letter of Award for development and operations at Dhordo, a destination of global tourism significance. This award reinforces our expansion strategy and strengthens our presence in Kutch. We are confident that the project will create an exceptional hospitality experience, support regional tourism and generate long-term value for all stakeholders.”

    The addition of this resort marks a significant milestone in Praveg’s continued growth in the eco-responsible hospitality sector and is expected to further enhance the Company’s portfolio of premium luxury properties across India. This development reflects Praveg’s mission to deliver unique, sustainable and culturally rooted travel experiences while contributing to the preservation and economic advancement of high-potential tourism destinations.

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  • Delta Autocorp Limited Reports 37 Percent Revenue Growth in H1 FY26 EBITDA margin 11 Percent / PAT margin 8.21 Percent

    Delta Autocorp Limited Reports 37 Percent Revenue Growth in H1 FY26 EBITDA margin 11 Percent / PAT margin 8.21 Percent

    Kolkata (West Bengal) [India], November 19: Delta Autocorp Limited (NSE: DELTIC), an emerging player in the India’s electric mobility segment, announced that it has submitted its Standalone and Consolidated Unaudited Financial Results for the half year ended September 30, 2025. The results, along with the Limited Review Report, were approved by the Board of Directors.

    Key Financial Highlights

    Particulars H1 FY2025-26 H1 FY2024-25 YoY Growth
    Total Income ₹ 43.45 Crore ₹ 30.88 Crore ↑ 40.70 %
    Profit Before Tax (PBT) ₹ 4.61 Crore ₹ 3.77 Crore ↑ 22.27 %
    Profit After Tax (PAT) ₹ 3.46 Crore ₹ 2.86 Crore ↑ 20.89 %

    Operational and Strategic Highlights

    • Regulatory Approvals: Received approvals from leading testing agencies — NATRAX, Indore and ICAT, Manesar — for the new electric scooters Infinia and Trento Plus, strengthening product readiness, improving distributor integration, and enabling better access to retail financing channels.
    • Government Orders Execution: Successfully executed the ongoing B2G order of 2,000 e-garbage carts and completed the repeat order of 402 units from the Assam Government, demonstrating exceptional delivery capabilities and operational reliability.
    • R&D and Technology Advancements: Introduced upgraded lithium-based variants across both 2W and 3W categories, enhancing vehicle performance, durability, and safety.
    • Expansion of COCO Network: Commissioned the third Company-Owned Company-Operated (CoCo) outlet in Dhanbad, following successful launches in Mihijam and Delhi, with strong and consistent retail traction across all locations.
    • Digital Infrastructure Upgrade: Initiated the deployment of a globally trusted CRM and sales automation platform to improve scalability, streamline dealer processes, and enhance the overall customer lifecycle experience.
    • Strengthening Human Capital: Progressed development of the new L5 passenger and cargo auto-rickshaw lineup under the leadership of a newly appointed industry veteran with over 35 years of domain expertise, reinforcing Deltic’s commitment to engineering excellence.

    Mr. Ankit Agarwal, Founder, Chairman & Managing Director’s Comment:

     “The Company delivered a steady performance in H1 FY26 with revenue of ₹4213 lakhs and a PAT of ₹345.87 lakhs. Our margin profile remained stable, supported by disciplined cost management and operational rigor.

     We successfully executed the Assam government tender which involved large-scale, meticulously coordinated operations. Leveraging a hub-and-spoke distribution model, the Company routed material through more than 150+ primary trucks to central hubs, followed by secondary distribution via an additional 500 smaller vehicles to every block-level destination. This model significantly improved delivery speed, cost efficiency, and coverage in remote regions of India.

    In parallel, we have begun implementing one of the world’s most reliable sales automation platforms to bring greater transparency and predictability to dealer operations. These efforts are aimed at improving execution consistency and supporting scale as volumes increase. Our market approach is now guided by deeper data-driven insights across geography, use-case, and price sensitivity, enabling more targeted, performance-oriented sales and marketing strategies. This strengthens and scales the territorial-win strategy that has already proven effective in sales.

    Further, to enhance execution depth, the Company continued to expand its organizational capabilities by recruiting experienced, and accountable professionals across key territories. 

    As we scale, our focus remains on disciplined cash management, tighter receivable cycles, and building a stronger, more resilient operating backbone.

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  • Suntech Infra Solutions Limited Announces H1 FY26 Results

    Suntech Infra Solutions Limited Announces H1 FY26 Results

    New Delhi [India], November 19: Suntech Infra Solutions Limited (NSE: SUNTECH), one of the leading B2B civil construction and infrastructure services providers, announced its Unaudited Financial Results for the Half Year ended September 30, 2025 (H1 FY26), as approved by the Board of Directors.

    Key Financial Highlights – H1 FY2025-26

    • Total Income: ₹6,895.95 lakh Up by 16.84% YoY

    • Profit Before Tax (PBT): ₹432.92 lakh

    • Net Profit: ₹302.45 lakh up by 25.52% YoY

    • Earnings Per Share (EPS): ₹1.56

    Recent Highlights:

    • Received new civil works orders worth ₹4.39 crore, including diaphragm wall, mobilization & excavation jobs from two customers.

    • Order execution timelines range between 3 to 6 months, strengthening near-term revenue visibility.

    • Board approved proposal to incorporate a subsidiary in Dubai, marking Suntech’s planned international expansion.

    • The disclosure has been made at the proposal stage, with further updates to be shared after legal incorporation.

    • Issued purchase orders worth approx. ₹25 crore for construction equipment procurement.

    • These equipment additions are aimed at capacity expansion, with deliveries expected within 10–120 days.

    • Received an order worth ₹24.05 crore from Thyssenkrupp Industrial Solutions (India) Pvt. Ltd. (TKIL) for Civil Works – Plant & Non-Plant Buildings.

    Management’s comment:

    “This has been a steady half-year for us. The Company continued to strengthen its execution capabilities across multiple civil construction and infra projects. With a healthy mix of foundation works, industrial structures, and equipment rental services, we delivered consistent performance during H1 FY26. The infrastructure sector continues to offer strong opportunities, and with our expanding order book, experienced management team, and well-established project execution track record, we remain confident of maintaining disciplined growth in the coming time.”

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  • Tressa Doors Launches Its Latest Range of Premium Engineered Doors to Match the Modern Interiors

    Tressa Doors Launches Its Latest Range of Premium Engineered Doors to Match the Modern Interiors

    Tressa Doors unveils its latest range of premium doors.

    New Delhi [India], November 18: Tressa Doors, owned by Badgujar and Lamba LLP, has recently launched its latest range of premium, engineered wooden, and designer doors to match modern-day spaces. These doors offer long-term reliability and durability with an emphasis on modern-day aesthetics, making them an ideal choice for homes, interior designers, and architects.

    These doors stand apart because of the high-quality and premium materials used in its making that ensure that they withstand daily use, wear and tear, and scratches while retaining their strength for years. The durability of these doors is easily proven because it is backed by a 12-year warranty, which gives anyone buying the doors complete peace of mind.

    Customers can order custom made wooden doors Pan-India on a free delivery basis regardless of the ordered quantum or volume. Customers can leverage the option of availing preferred color, size or design of the wooden doors.

    Other features include weather resistance, making it ideal to even install in bathrooms, weather-resistance makes it an ideal choice for outdoor spaces or lounges, and warp-free construction makes it a great choice for places where people are more frequent. From bedrooms to living and main entrances, these wooden doors can cover every space of the house.

    These doors also come with advanced termite-proof technology, emphasizing their long-lasting nature and providing protection against common wooden door issues. This feature alone is making buyers go for it because wood is the most common breeding ground for such insects that slowly spread to the different parts of the house. Tressa Doors has not compromised on the visual appeal by focusing on other features, and every potential buyer gets a custom-made option for their home to match the aesthetics of the space.

    As the company is functioning and operating in India, the doors are even made keeping the constant weather changes and conditions in consideration. These doors can easily withstand extreme weather conditions, ranging from high humidity and harsh winter days, making it ideal to be installed at the entrance of the home.

    Businesses across India can apply for Tressa Doors dealership to be eligible for exclusive wholesale rates along with priority dispatch as well as marketing support. Additionally, it comes with an access to complete designer door range.

    Tressa Doors operate through an integrated manufacturing plant spanning over 2 Acres area equipped with advanced imported machinery, enabling the handling of every stage of production comprehensively in-house. It enables delivery of superior quality as well as faster production & complete customization.

    When asked about the launch of these premium engineered doors, one of the representatives from the company said, “We introduced the concept of ‘Customize Your Door Your Way’ to give people a chance to premium doors that not only offer durability but also complement one’s interior designs and blend perfectly with the exteriors.

    Not just the homeowners are reaching out to us, but even designers and architectures are coming to us with their unique ideas of doors. At this point, we are elated to cater to everyone’s diverse needs and wish to continue our service.” With a stronger foundation as weas apt technical expertise in plywood manufacturing, Tressa delivers doors & plywood that offers optimal strength & stability, ensuring long-term durability.

    Badgujar and Lamba LLP has already been a known name in the Indian interior space, and with the launch of Tressa Doors, they are expanding their services and helping customers get access to better doors. They are focused on providing quality, merged with aesthetics in order to ensure optimal customer satisfaction.

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  • Shri Keshav Cements and Infra Reports 1122 Bps YoY Expansion in EBITDA Margin, Reflects Strong Operating Leverage

    Shri Keshav Cements and Infra Reports 1122 Bps YoY Expansion in EBITDA Margin, Reflects Strong Operating Leverage

    Mumbai (Maharashtra) [India], November 17: Shri Keshav Cement & Infra Limited (BSE – 530977), engaged in the manufacturing of Cement and Solar Power Generation and Distribution in the state of Karnataka has announced its Unaudited Financial Results for Q2 & H1 FY26.

    Key Financial Highlights:

    Q2 FY26 Financial Highlights

    • Total Income of ₹22 Cr, YoY growth of 42.81%
    • EBITDA of ₹38 Cr, YoY growth of 175.11%
    • EBITDA Margin (%) of 23.65%, YoY growth of 1122 Bps
    • PAT of ₹69 Cr, Loss to Profit
    • PAT Margin (%) of 1.89%, Loss to Profit
    • Diluted EPS of ₹39, Loss to Profit

    H1 FY26 Financial Highlights

    • Total Income of ₹62 Cr, YoY growth of 37.14%
    • EBITDA of ₹78 Cr, YoY growth of 69.03%
    • EBITDA Margin of 24.68%, YoY growth of 444 Bps
    • PAT of ₹78 Cr, Loss to Profit
    • PAT Margin of 4.87%, Loss to Profit
    • Diluted EPS of ₹16, Loss to Profit

    Commenting on the financial performance, Mr. Venkatesh Katwa, Chairman of Shri Keshav Cement & Infra Limited said “Q2 FY26 delivered strong momentum with Total Income rising to ₹36.22 Cr, up 42.81% YoY, driven primarily by the cement segment which continued to anchor overall performance. Improved dispatches, better realisations, and stabilised kiln operations supported profitability, enabling EBITDA to expand sharply to ₹8.38 Cr with a healthy margin of 23.65%. PAT improved meaningfully to ₹0.69 Cr, marking a clear turnaround from the loss reported in the same quarter last year.”

    Operational efficiency remained a key highlight, with disciplined cost management and improved utilisation supporting margin expansion. For H1 FY26, Total Income stood at ₹77.62 Cr, up 37.14% YoY, while EBITDA increased to ₹18.78 Cr, reflecting a 69.03% YoY growth. PAT for the half year improved to ₹3.78 Cr, compared to a loss in the previous year, underscoring the financial recovery underway.

    With the new kiln fully stabilised and contributing consistently, the Company is well positioned to scale production and deepen its market presence. Our focus remains on driving volume growth, strengthening distribution, and leveraging renewable energy to maintain cost competitiveness as we move into the second half of FY26.”

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  • Hafele Valeriya Dishwasher: The New Standard in Kitchen Hygiene

    Hafele Valeriya Dishwasher: The New Standard in Kitchen Hygiene

    Hafele Valeriya Dishwasher

    New Delhi [India], November 18: In a world where hygiene and convenience have become essential, Hafele’s Valeriya Semi-Integrated Built-In Dishwasher now comes equipped with an advanced feature engineered to deliver effective germ protection with every wash.

    At the core of Valeriya’s performance lies its Hygiene 72°C Wash Programme, designed to give you perfectly sterilised utensils that are safe to use. By washing at a sustained high temperature of 72°C, this programme effectively eliminates harmful bacteria and ensures the highest standards of cleanliness. It’s particularly ideal for children’s utensils, bottles, and cookware that demand extra care and sanitisation, offering families peace of mind with every cycle.

    With Valeriya, Hafele continues to uphold its vision of crafting intelligent, design-led appliances that enhance both functionality and well-being, transforming daily chores into moments of care, safety, and comfort.

    Hafele

    Log onto hafeleindia.com/en/info to find the nearest.

    Hafele showroom or design centre.

    Established as a wholly owned subsidiary of Hafele Global Network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergised product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces, positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nationwide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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