Category: Business

  • UniHealth Posts Stellar 195% YoY Surge in Consolidated Net Profit

    UniHealth Posts Stellar 195% YoY Surge in Consolidated Net Profit

    Mumbai (Maharashtra) [India], November 15: UniHealth Consultancy Limited. (NSE – UNIHEALTH), a global healthcare provider with extensive operations across Africa and now rapidly expanding in India— including hospitals, medical centres, consultancy, pharma distribution, and medical travel — has released its Unaudited Financial Results for H1 FY26.

    H1 FY26 Consolidated Financial Highlights

    • Total Income of ₹ 69.56 Cr; YoY growth of 55.14%
    • EBITDA of ₹ 34.62 Cr; YoY growth of 105.06%
    • EBITDA Margin (%) of 49.76%, YoY growth of 1,212 BPS
    • Net Profit* of ₹ 15.11 Cr, YoY growth of 194.80%.
    • EPS of ₹ 9.80, YoY growth of 195.09%

    H1 FY26 Standalone Financial Highlights

    • Total Income of ₹ 5.53 Cr; YoY growth of 80.43%
    • EBITDA of ₹ 3.86 Cr; YoY growth of 127.26%
    • EBITDA Margin (%) of 69.74%; YoY growth of 1,437 BPS
    • Net Profit of ₹ 2.72 Cr; YoY growth of 137.12%
    • EPS of ₹ 1.77, YoY growth of 139.19%

    *Note: Consolidated Net Profit attributable to the equity shareholders of the Company.

    Commenting on the performance, Dr Akshay Parmar, Founder & Managing Director of UniHealth Hospitals, said, “H1 FY26 was a period of meaningful progress for UniHealth as we continued to strengthen our footprint across India and Africa while advancing key projects under execution. One of the major steps this half-year was the completion of the 1st UMC Hospital facility in Navi Mumbai, a 52-bedded multi-speciality tertiary care hospital equipped with modular theatres, catheterisation lab and state-of-the-art Intensive Care Units (ICUs). Further strengthening our presence in India is our upcoming 200-bed tertiary care hospital in Nashik, scheduled to be commissioned early next calendar year. This facility will have advanced ICUs, a cardiac & neuro catheterisation lab, four modular OTs with robotic surgery readiness, a rehabilitation centre, comprehensive lab and radiology diagnostics, and round-the-clock emergency services.

    Looking ahead, with 120 operational beds and multiple projects progressing well, we remain on track to achieve 350-400 operational beds by FY26 and scale towards the targeted 1,000 beds over the next two years. Our focus remains on improving operational efficiency, enhancing patient care, and expanding through an asset-light and partnership-driven model that ensures flexibility and sustainable growth. We continue to aim for a balanced revenue mix from India and Africa, supported by strong occupancy, operational excellence, and timely commissioning of new projects. With clear growth milestones and an expanding presence across both regions, UniHealth is well-positioned to deliver sustainable value and strengthen its position as a trusted provider of cross-border healthcare.

    Dr Anurag Shah, Founder & Director, added, “Operationally, we continued to expand capacities at our existing unit in Uganda, scale IVF and fertility services, and open new clinics. As of September 30, 2025, the Ugandan unit of the Group has repaid its outstanding loans and is now a debt-free entity, enabling it to expand aggressively financially in the coming years.

    During this period, we also completed the restructuring of Biohealth Limited in Tanzania, transitioning it from an indirect subsidiary to a direct associate. This restructuring enhances governance, improves operational oversight, and aligns our international holding structure to support our Africa expansion strategy more effectively.”

    H1 FY26 Key Business Highlights

    UMC Hospital, Navi Mumbai
    • New Facility: 52-bedded multi-speciality tertiary care hospital in Navi Mumbai, Maharashtra.
    • Advanced Services: ICUs, Cardiac Catheterisation Lab, Two Modular OTs, Rehabilitation Centre, Advanced Diagnostics, and 24/7 Accident & Emergency Services.
    • Patient Room Categories: General, Private, and Suites.
    • Speciality Services: Wide range of specialities and super-specialities.
    • Focus: Deliver world-class, accessible, and affordable healthcare with patient-friendly infrastructure and cutting-edge technology.
    UniHealth – UMC Hospital, Nashik
    • New Facility: 200-bedded multi-speciality tertiary care hospital in Nashik, Maharashtra, set to be commissioned next calendar year.
    • Advanced Services: ICUs (including NICU), Cardiac & Neuro Catheterisation Lab, Four Modular OTs including Robotic OT, Rehabilitation Centre, Advanced Diagnostics, and 24/7 Accident & Emergency Services.
    • Patient Room Categories: General, Semi-Private, Private, and Suites.
    • Speciality Services: Wide range of specialities and super-specialities.
    • Focus: Deliver world-class, accessible, and affordable healthcare with patient-friendly infrastructure and cutting-edge technology.
    Restructuring Of Biohealth Limited
    • Acquisition: UniHealth Holdings Limited, Mauritius (wholly owned subsidiary of UniHealth Hospitals Limited) acquired 53.33% equity (2,000 shares) in Biohealth Limited, Tanzania.
    • Impact: Biohealth Limited transitioned from a direct subsidiary to an indirect subsidiary and is now also a direct associate of UniHealth Hospitals Limited.
    • Objective: Streamline international holdings and enhance operational control and governance across cross-border entities.

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  • Active Clothing’s Topline Grows 15% in H1 FY26, PAT Up 34%; Advances India’s First ‘Knit to Shape’ Smart Knitting Factory

    Active Clothing’s Topline Grows 15% in H1 FY26, PAT Up 34%; Advances India’s First ‘Knit to Shape’ Smart Knitting Factory

    Ludhiana (Punjab) [India], November 15: Active Clothing Co., Ltd. (BSE – 541144), India’s one of the leading ‘design-to-shelf’ platforms, specialising in flat-knitted sweaters, jackets, and circular-knitted apparel for global fashion brands, has announced its Unaudited Q2 & H1 FY26Financial results.

    Key Financial Highlights

    Key Financial Highlights H1 FY26

    • Total Income of ₹ 147.66 Cr, YoY growth of 15.22%
    • EBITDA of ₹ 14.35 Cr, YoY growth of 3.41%
    • PAT of ₹ 4.93 Cr, YoY growth of 34.10%
    • PAT Margin of 3.34%, YoY growth of 47 Bps
    • EPS of ₹ 3.14, YoY growth of 32.49%

    Key Financial Highlights Q2 FY26

    • Total Income of ₹ 83.19 Cr, YoY growth of 1.93%
    • PAT of ₹ 2.79 Cr, YoY growth of 13.48%
    • PAT Margin of 3.36%, YoY growth of 34 Bps
    • EPS of ₹ 1.76, YoY growth of 10.69%

    Commenting on the Financial performance, Mr Rajesh Mehra, Managing Director of Active Clothing Co. Limited, said, “We delivered a steady performance in Q2 despite a softer demand environment, with year-on-year growth supported by our integrated design-to-shelf model and the continued trust of our global brand partners. While margins were impacted this quarter, our focus on operational discipline, product quality and timely execution helped us maintain stability across key categories.

    The agreement to establish India’s first ‘Knit to Shape’ Smart Knitting Factory is a significant strategic step, strengthening our future capabilities in precision manufacturing, automation, and sustainable production. This investment reflects our approach of building capacity ahead of demand and aligning with evolving industry requirements.

    As we move forward, we remain focused on enhancing efficiency, deepening customer relationships and driving technology-led improvements across our operations. Our long-term fundamentals remain strong, and we are committed to delivering sustained value to all stakeholders.”

    Key Operational Highlights

    Partnership with Ning Bo Cixing to launch India’s first “Knit to Shape” Smart Knitting Factory
    • Collaboration with the global leader in sweater machine manufacturing
    • Purchase 600 sets of computerised flat knitting machines.
    • Introduction of 3D seamless knitting for enhanced design and durability
    • Automated production lines ensure high precision and efficiency
    • Zero-waste process promoting sustainable manufacturing

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  • Maiden Forgings Reports Total Income of INR 111 Crore in H1 FY26

    Maiden Forgings Reports Total Income of INR 111 Crore in H1 FY26

    Mumbai (Maharashtra) [India], November 15:  Maiden Forgings Limited (MFL) (BSE – 543874), one of the leading manufacturers of a wide range of Bright Steel bars and wires for the past 35 years, has announced its Unaudited Financial Results for the H1 FY26.

    H1 FY26 Key Financial Highlights

    • Total Income of ₹ 111.36 Cr
    • EBITDA of ₹ 6.74 Cr
    • EBITDA Margin (%) of 6.05%
    • PAT of ₹ 2.10 Cr
    • PAT Margin (%) of 1.88%
    • EPS of ₹ 1.48

    Commenting on the performance, Mr Nishant Garg, Managing Director of Maiden Forgings Limited, said,

    “We are pleased to share that MFL delivered a revenue of ₹ 111 Cr in H1 FY26, driven by sustained demand for our bright steel bars and wires, alongside a growing contribution from our value-added product portfolio. This performance underscores the success of our continuous efforts to optimise our product mix and expand our footprint across both domestic and international markets.

    Our growing engagement in the B2G and defence segments, coupled with the trust of our long-standing customers, has further strengthened our position as a reliable and quality-driven manufacturer. We remain confident of sustaining this positive momentum in the second half of the year, supported by our strong fundamentals, efficient execution, and commitment to creating long-term value for all stakeholders.”

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  • BOP.in Celebrates 20 Years of Building Trust, Growth, and Dreams

    BOP.in Celebrates 20 Years of Building Trust, Growth, and Dreams

    Gaurav Mavi, CO-founder, BOP.in celebrates 20 years of Journey on foundation day with Team BOP.in

    New Delhi [India], November 15: This year marks a defining moment for BOP.in i.e., two decades of shaping aspirations, nurturing relationships, and redefining how India experiences real estate. What began in 2006 as a small, passionate venture in Delhi-NCR has grown into India’s most trusted real estate experts, standing today as a symbol of integrity and reliability in an ever-evolving industry.

    For Co-founder Gaurav Mavi, the journey has always been personal. “When we started BOP.in, our goal wasn’t confined to selling homes. It was to build trust: one family, one investor, one project at a time.”

    “Twenty years later, that philosophy still drives every decision we make and BOP.in stands as the first real estate consultancy to contribute to such a wide range of sectors, spanning health, education, and more,” added Mr. Mavi.

    From a Modest Start to a National Presence

    Over the past two decades, BOP.in has grown from a handful of consultants to have its offices in different geographical locations, building a robust organisation and having over 3500 channel partners and a network of more than two lakh satisfied clients. From helping first-time buyers sail through Noida’s fast-growing sectors to guiding large-scale investments across Delhi, Gurgaon, Greater Noida, Mumbai, Pune, Bengaluru, Indore, Lucknow, Haridwar, Dehradun and other geographical locations, BOP.in has consistently served as a bridge between ambition and achievement.

    The company’s partnerships tell a story of credibility and scale. Collaborations with Gaurs Group, Godrej Properties, M3M, ATS, Group 108, Bhutani, Ekana and many more, have positioned BOP.in as the go-to consultant for some of India’s most successful residential and commercial developments. Beyond sales, it has played a key advisory role in shaping strategies, driving growth, and ensuring that every project delivers value to both developers and buyers.

    Innovation Through BOP Gold

    Innovation has also been central to BOP.in’s evolution. The launch of BOP Gold, a premium vertical designed exclusively for High Net-Worth Individuals (HNIs), marked a new chapter. Offering exclusive access to Grade A developers across India and Dubai, along with personalised investment portfolio management and a 24/7 concierge helpdesk, BOP Gold has redefined luxury property investment for discerning clients seeking a more tailored experience.

    Collaborations that Power Growth

    BOP.in’s contribution, however, extends beyond private real estate. Through its collaboration with the key development authorities such as the Haridwar Roorkee Development Authority (HRDA) in Uttrakhand to drive infrastructure progress and stimulate upcoming development projects, and

    the company has supported sustainable urban growth and regional development showcasing its broader vision of contributing to India’s infrastructural progress.

    A Future Defined by Expansion and Purpose

    As it celebrates 20th Anniversary, BOP.in stands at the threshold of a new phase. The company is preparing to expand its footprint into new territories of Uttarakhand, Telangana, Madhya Pradesh, Maharashtra, Karnataka alongside International locations like Gulf and Asian region through international Collaborations, bringing its legacy of trust and professionalism to emerging real estate hubs.

    Two decades on, BOP.in remains anchored in its founding values: transparency, dedication, and empathy. For its team, partners, and clients, this milestone isn’t confined to longevity. It’s about the promise of a future where buying or investing in property feels simpler, smarter, and more human. Because at the helm of every milestone, BOP.in has always believed: real estate is more about the lives built within the buildings that exist.

    For more information visit the website https://bop.in/

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  • Celebrating the Commencement of 32 Years of Service: Prime Cooperative Bank Ltd. Marks Foundation Day

    Celebrating the Commencement of 32 Years of Service: Prime Cooperative Bank Ltd. Marks Foundation Day

    Surat (Gujarat) [India], November 15: The Prime Cooperative Bank Ltd. (PCBL), a trusted pillar of South Gujarat’s financial landscape, celebrated its Foundation Day on November 14, 2025, marking the commencement of its 32nd year of distinguished service. From its inception, the bank has successfully blended the ethos of the cooperative movement with cutting-edge banking technology and has built more than three decades of trust, stability, and an unwavering commitment to the bank’s core philosophy: “Your Bank for You.”

    The journey of Prime Cooperative Bank began on November 14, 1994, under the stewardship of the banking veteran the Late Shri Gokul Bakshi, The vision was clear: to create a member-centric financial institution that drives inclusive growth across Gujarat. Right from its inaugural year, the bank set itself apart, consistently maintaining a good audit grade rating—a testament to its robust governance and ethical operations.

    The success story of PCBL is inextricably linked to its aggressive embrace of digital transformation, solidifying its identity as a “High-Tech Bank.” While retaining the personal touch of cooperative banking, the institution has pioneered the adoption of paperless services, Net Banking, Mobile Banking, and UPI integration. This focus on modernization has yielded exceptional financial results, positioning PCBL among the state’s top cooperative banks. As of the financial year 2024–25, the bank achieved a historic milestone, reporting a total business mix of more than ₹4,000 crore and maintaining a Net Non-Performing Asset (NPA) ratio of 0%, signaling pristine asset quality and effective risk management.

    With a network of 41 branches & 4 Offsite ATM’s spread across 11 districts and serving a loyal customer base exceeding 4,00,000, PCBL has continually demonstrated its ability to scale while remaining rooted in local community needs.In the preceding years, the bank garnered significant national recognition, including the prestigious SCOBA Pride Award for outstanding financial stability & has till now bagged more than 100 awards in its kitty. Furthermore, it secured top honors at the National Cooperative Banking Summit for excellence in Audit, LOS/LMS, and HR Transformation. These accolades validate PCBL’s legacy of innovation, which also includes the successful completion of seven (7) strategic mergers of sick and weak banks, absorbing their losses, thus relieving deposits of over 75000 small and medium sized depositors. over the years.

    As Prime Cooperative Bank Ltd. enters its 32nd year, it reaffirms its dedication to inclusive banking and strategic growth. A customer meet was organized on the foundation day where MD Adil Gandhi announced various banking service products like Loan Against Mutual Funds, Wealth management Services, Saving Bank account for Women & the Salaried. He also announced that Prime Bank is the first Cooperative bank in Gujarat & second pan India to get its own UPI Handler. The august gathering was welcomed by Chairman Shri Mahesh Desai who expressed his gratitude towards the customers and staff members for their whole hearted support during this 31 years of successful journey. The celebration on November 14, 2025, serves not just as a look back at the past, but as a renewed pledge to scale greater heights, foster economic empowerment, and continue being the trusted financial partner for the people of Gujarat.

  • Why Dr. Ranjit Jagtap and Ram Mangal Heart Foundation is a trusted name in Heart Care in Pune?

    Why Dr. Ranjit Jagtap and Ram Mangal Heart Foundation is a trusted name in Heart Care in Pune?

    Dr Ranjit Jagtap, a cardiac expert for over three decades, has performed thousands of life-saving surgeries. His precision, mentorship, and deep compassion make advanced heart care truly accessible.

    Pune (Maharashtra) [India], November 14: At a time when cardiovascular diseases are rapidly increasing in India, trust has become the most important factor for every heart patient seeking treatment. For thousands of families across Pune, Maharashtra, and beyond, one name has consistently stood out: Dr Ranjit Jagtap, a veteran cardiac surgeon whose vision extends beyond the operating theatre. Alongside him, the Ram Mangal Heart Foundation has been working tirelessly to ensure that quality heart care is not a privilege for the few but a right for everyone.

    Dr Ranjit Jagtap’s Legacy of Excellence in Cardiac Care

    For over three decades, Dr Ranjit Jagtap has been performing life-saving surgeries and mentoring young doctors in the field of cardiac sciences. Known for his precision and expertise, he has conducted thousands of procedures that have saved countless lives. But what sets him apart in the eyes of every heart patient is not just his technical mastery, but his compassion and commitment to accessibility.

    Based in Pune, Dr Jagtap noticed early in his career that many patients, particularly from rural and low-income backgrounds, could not afford advanced cardiac care. This reality inspired him to establish the Ram Mangal Heart Foundation, a charitable initiative aimed at bridging the gap between cutting-edge heart care and those who need it most.

    The Role of Ram Mangal Heart Foundation

    Founded with a humanitarian vision, the Ram Mangal Heart Foundation has become a trusted institution for both preventive and surgical heart care. The foundation organises regular health camps in Pune and rural Maharashtra, where early detection of cardiac issues can save lives. Many heart patients who would otherwise go undiagnosed are given timely medical attention through these efforts.

    The foundation also supports affordable surgeries and treatments for underprivileged patients. Partnering with local communities, NGOs, and medical experts ensures that no one is left behind due to financial challenges. Over the years, these initiatives have provided relief and renewed life to thousands of families.

    Why Heart Patients Place Their Trust Here

    The trust that patients place in Dr Ranjit Jagtap and the Ram Mangal Heart Foundation comes from more than successful surgeries. It stems from a culture of transparency, ethical practice, and genuine empathy.

    Heart patients often describe Dr Jagtap as a doctor who listens first, reassures second, and operates only when necessary. Families speak of the foundation’s team not as medical professionals alone but as partners in their healing journey. This emotional connection strengthens the bond of trust that is vital when dealing with something as sensitive as cardiac health.

    A Focus on Rural and Preventive Healthcare

    India’s rural population continues to face the biggest challenge in accessing timely heart care. A significant number of heart patients in villages are unable to travel to cities like Pune for treatment until it is too late. Recognising this, the Ram Mangal Heart Foundation has extended its services through mobile cardiac units and outreach programs.

    These initiatives bring screenings, consultations, and primary treatments directly to rural areas. For many patients, this early intervention prevents life-threatening complications. Beyond surgeries, the foundation emphasises preventive awareness, encouraging lifestyle changes, regular check-ups, and education about heart disease risk factors.

    Combining Compassion with Innovation

    In addition to community initiatives, Dr. Ranjit Jagtap has always believed in staying updated with the latest medical innovations. Under his guidance, the Ram Mangal Heart Foundation uses modern diagnostic tools, advanced surgical techniques, and patient-centric approaches that align with global standards. This blend of innovation and compassion ensures that every heart patient receives not only treatment but also long-term care and guidance.

    Stories That Inspire

    Behind every number lies a story of resilience. In Pune, countless families share testimonials about how their loved ones received a second chance at life due to timely intervention at the foundation. From young children born with congenital heart defects to elderly patients who feared surgery, each story highlights why people across Maharashtra hold deep trust in Dr Ranjit Jagtap and his team.

    For many heart patients, the foundation represents more than a medical facility; it is a beacon of hope.

    Looking Ahead

    As the number of heart patients in India continues to rise, the work of organisations like the Ram Mangal Heart Foundation becomes even more critical. Under the leadership of Dr Ranjit Jagtap, the foundation is expanding its reach, strengthening telemedicine services, and building partnerships to ensure sustainable and accessible cardiac care.

    The future vision is clear to make advanced heart care available to every patient, regardless of financial or geographical barriers.

    Conclusion

    The trust placed in Dr. Ranjit Jagtap and the Ram Mangal Heart Foundation is the result of years of dedication, consistent results, and a deep sense of social responsibility. For every heart patient, trust is not built in a day it comes from knowing that their doctor and the institution behind him genuinely care about their life and future.

    As Pune continues to emerge as a healthcare hub, the story of Dr Jagtap and his foundation serves as an inspiring example of how expertise combined with empathy can transform not only individual lives but entire communities.

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  • Rathi Steel And Power Limited Q2 FY26 Revenues Grows 28.39% & EBIDTA Grows 14.77% (YOY)

    Rathi Steel And Power Limited Q2 FY26 Revenues Grows 28.39% & EBIDTA Grows 14.77% (YOY)

    New Delhi [India], November 15: Rathi Steel And Power Limited (BSE –504903), one of the leading players in stainless steel long products and TMT bars, has announced its Unaudited Financial Results for Q2 FY26.

    Key Financial Highlights Q2

    • Total Income of ₹156.43 Cr, YoY growth of 28.39%
    • EBITDA* of ₹6.37 Cr, YoY growth of 14.77%
    • Net Profit** of ₹1.63 Cr, compared to ₹6.94 Cr in Q2 FY25
    • EBIDTA includes other income
    • Net profit for Q2FY25 includes an Exceptional item of Rs. 4.71 Crores

    Commenting on the financial performance, Mr Mahesh Pareek, Managing Director of Rathi Steel and Power Limited, said, “We reported consolidated revenue of ₹156.43 Cr and net profit of ₹1.63 Cr in Q2 FY26, reflecting stable operational performance amid steady demand from infrastructure/ construction and our B to B customers from the stainless steel Space. The quarter demonstrated continued strength in stainless steel products, supported by efficiency gains from integrated manufacturing and disciplined cost control. Alongside, there has been a steady ramping up of the recommenced TMT bars facility.

    The Indian steel industry maintained positive momentum during the quarter, with strong government infrastructure spending and steady housing demand driving domestic consumption. However, global uncertainties and rising imports have been affecting the steel sector. Rising use of stainless steel in construction, railways, and renewable projects continues to create structural opportunities for value-added products, and is also slowly negating the impact of an excessive domestic supply created mainly on account of a couple of companies acquired under IBC, operating in a similar space.

    We remain focused on increasing the growth momentum of TMT bars by creating value through manufacturing steel using the recycling / circular economy route, which we believe will have greater demand preference going forward. Alongside, we remain focused on improving capacity utilisation and enhancing margins through process optimisation/product mix improvement in the stainless steel space. With a robust balance sheet and a clear strategic roadmap, Rathi Steel and Power is well-positioned for sustainable growth in the coming quarters.”

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