Category: Business

  • Paramatrix Technologies Reports ~37 percent YoY Jump in EBITDA for H1 FY26

    Paramatrix Technologies Reports ~37 percent YoY Jump in EBITDA for H1 FY26

    Mumbai (Maharashtra) [India], November 14: Paramatrix Technologies Limited (Paramatrix) (NSE: PARAMATRIX), a trusted provider of enterprise software products and digital IT services, has announced its Unaudited financials for H1 FY26.

    H1 FY26 Key Consolidated Financial Highlights

    * Total Income of ₹ 16.67 Cr, YoY growth of 13.19%

    * EBITDA of ₹ 4.35 Cr, YoY growth of 36.67%

    * EBITDA Margin (%) of 26.10%, YoY growth of 448 Bps

    * Net Profit of ₹ 2.90 Cr, YoY growth of 23.60%

    * Net Profit Margin (%) of 17.39%, YoY growth of 147 Bps

    * EPS of ₹ 2.59, YoYgrowthof1.17%

    Commenting on the performance, Mr. Mukesh Thumar, Founder, MD & CEO of Paramatrix Technologies Limited, said: “Our performance in the first half reflects the steady momentum we are building across our products and digital solutions. Demand for automation, AI enabled platforms and secure enterprise technology continues to rise, and our investments in strengthening these capabilities are translating into healthier growth and broader client traction. We are also seeing the benefits of our disciplined execution and improved internal processes, which have supported better operating performance during the period.

    Looking ahead, we remain guided by our long-term strategy of becoming a platform led digital partner with deep sector expertise. Our focus areas remain clear as we expand our presence in high impact sectors, scale our product capabilities and enhance customer centric delivery across markets. With digital adoption accelerating in India and globally, we believe the demand for intelligent, practical and secure technology solutions will only grow. Paramatrix is well positioned to capture these opportunities with agility, intent and a strong culture of ownership.”

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  • Merusri Developers Launches ‘Merusri Sunscape’ — A Boutique Villa Community Redefining Luxury Living in North Bengaluru

    Merusri Developers Launches ‘Merusri Sunscape’ — A Boutique Villa Community Redefining Luxury Living in North Bengaluru

    Bengaluru (Karnataka) [India], November 13: Merusri Developers has announced the launch of its latest luxury residential project, Merusri Sunscape, on IVC Road, North Bengaluru, close to Devanahalli and 15 minutes from Bangalore International Airport. Designed for those seeking a calm yet connected lifestyle, Merusri Sunscape offers a limited collection of premium 3 & 4 Bed boutique villas that redefine modern luxury living.

    Spread across 5.39 acres, the project features 76 exclusive villas designed with an architectural philosophy rooted in honesty, simplicity, performance, spaciousness, daylight, and ventilation. Each villa at Merusri Sunscape is three-sided open, allowing abundant light, natural airflow, and unobstructed views, creating homes that breathe and flow seamlessly with their surroundings.

    The community’s 12,000 sq ft. Clubhouse anchors a lifestyle where wellness and leisure blend effortlessly. From a swimming pool, fitness centre and coworking pods to yoga decks, sports courts and landscaped gardens, this gated community is designed to nurture wellbeing, balance and meaningful connection.

    Merusri Sunscape is where luxury finds its calm — a boutique villa community that strikes a rare balance between urban energy and natural serenity. Here, mornings rise to sunlight and whispering greens, work calls drift easily beside reflective pools, and evenings stretch into yoga, sport, or quiet reflection under open skies.
    Just minutes from Bangalore International Airport, yet worlds away from the city’s rush, Merusri Sunscape offers everything modern life promises — without the chaos, and with far more soul.

    The project enjoys excellent connectivity to key growth corridors — including Manyata Tech Park, Aerospace SEZ, KIADB Industrial Area, and the upcoming Devanahalli Business Park and Mall of Asia, positioning it as a compelling choice for both end-users and investors seeking premium villa living in North Bengaluru.
    Surrounded by renowned educational institutions and leading healthcare facilities, Merusri Sunscape blends urban convenience with natural tranquility, offering a lifestyle that’s both connected and composed.

    The growth potential of the region is further enhanced by infrastructure developments such as Namma Metro Phase 2B (Blue Line), the Satellite Town Ring Road (STRR), and the Bengaluru Suburban Rail (Kanaka Line) — all of which strengthen connectivity for residents of upcoming villas close to Devanahalli and gated community villas on IVC Road.

    Reflecting the strong demand for boutique luxury living, 20% of the project’s inventory has already been sold within the first month of pre-launch. Prices start from ₹2.64 crore onwards. Investing in villas near Bangalore International Airport is an attractive opportunity in 2025 – 2026.

    With Merusri Sunscape, Merusri Developers reinforces its commitment to creating design-led, sustainable, and exclusive residential enclaves that redefine the idea of contemporary living, a sanctuary where architecture, nature, and luxury breathe as one.

    For more details, call +91 9900007178.

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  • Abhee Ventures Expands Its Vision  with the Opening of Its New Corporate Office

    Abhee Ventures Expands Its Vision with the Opening of Its New Corporate Office

    Abhee Ventures New Office in Sector 4, HSR Layout, Bengaluru.

    New Delhi [India], November 14: A bigger space, a bolder vision. Every milestone tells a story. For Abhee Ventures, one of Bengaluru’s emerging real estate brands, the move to its new corporate office at Sector 4, HSR Layout, marks the beginning of a new chapter in its growth journey. The new space brings together Abhee’s growing teams under one roof, mirroring the company’s larger journey of evolution within Bengaluru’s fast-changing real estate landscape.

    Abhee Ventures has always been driven by the belief that good homes shape better lives. Over the years, that belief has translated into thoughtfully planned projects across the city, each designed to blend comfort, leisure, connectivity, and long-term value. “This move represents the next phase of our growth,” says R. Nagaraj Reddy, Managing Director, Abhee Ventures.     “We are building an organisation capable of leading change, not just keeping pace with it.”

    Among Abhee’s flagship RERA approved developments, Abhee Aaria near Gunjur Lake spans 12 acres with 85% open space, a 2-acre central forest, and a 60,000 sq.ft. clubhouse. Abhee Celestial City, located just off Sarjapur Road, rises 27 floors high, offering 2 & 3 BHK homes with sweeping views and refined amenities.

    Abhee Serenity Springs, near the Bommasandra Metro Station, features 2 & 3 BHK Vastu-compliant homes across 4.5 acres. Abhee’s plotted developments, Abhee Tranquila (off Sarjapur Road) and Abhee Natura (Whitefield Extension), give buyers the flexibility to invest in land for excellent capital appreciation.

    Looking Ahead

    With over 10 million square feet of new development on the horizon, Abhee Ventures is ready for its next leap. And as new launches take shape across North & East Bengaluru, the new corporate office stands as a reflection of that momentum, a symbol of a brand moving forward with clarity, growing steadily, and carrying a vision to transform the real estate landscape of the country.

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  • CASHurDRIVE Delivers Best-Ever Half-Year Performance Revenue up 22.4 percent YoY with Net Profit crossing INR 10 crores EBITDA grew by 31.3 percent YoY

    CASHurDRIVE Delivers Best-Ever Half-Year Performance Revenue up 22.4 percent YoY with Net Profit crossing INR 10 crores EBITDA grew by 31.3 percent YoY

    Mumbai (Maharashtra) [India], November 14: Cash Ur Drive Marketing Limited (NSE: CUDML | INE0WL201014), a leading integrated outdoor and transit advertising company headquartered in Chandigarh, specializing in innovative branding solutions across airports, metros, railways and road networks, has announced its unaudited consolidated Financial Results for the half year ended 30th September 2025.

    Consolidated Financial Highlights – H1 FY26

    • Revenue From Operations of ₹ 77.86 Cr, YoY growth of 22.4%
    • EBITDA (Incl. Other Income) of ₹ 13.55 Cr, YoY growth of 31.3%
    • EBITDA Margin (%) of 17.4%
    • Net Profit of ₹ 10.88 Cr, YoY growth of 29.5%
    • Net Profit Margin (%) of 14.0%
    • EPS of ₹7.86
    • Revenue from operations increased 22.4% YoY to INR 77.86 Crores in H1 FY26 compared to INR 63.63
    • Crores in H1 FY25 on account of new order wins across verticals
    • EBITDA grew by 31.3% to INR 13.55 Crores in H1 FY26 compared to INR 10.33 Crores in H1 FY25
    • EBITDA Margin improved marginally to 17.4% in H1 FY26 as against 16.2% in H1 FY25
    • PAT grew by 29.5% to INR 10.88 Crores in H1 FY26 compared to INR 8.30 Crores in H1 FY25
    • PAT margin stood at 14.0% for H1 FY26 as compared to 13.0% in H1 FY25

    Commenting on the result, Mr. Raghu Khanna, Chairman and Managing Director said, “CASHurDRIVE Marketing Limited proudly presents its first financial results as a listed company, marking a significant milestone in its growth journey. The management extends heartfelt gratitude to all investors, clients, and partners for their trust and support during and after the successful IPO.

    During the first half of FY26, the company delivered a strong performance driven by healthy execution, marquee client additions, and continued expansion across cab, bus, metro, and digital outdoor formats. Partnerships with Uber, Greencell Mobility, Olectra Greentech, Everest Fleet, and ETO Motors further strengthened its leadership in transit media, while the foray into EV-based advertising through Charjkaro reinforced its sustainability focus.

    Revenue from operations for H1 FY26 stood at ₹77.9 crore, up 22.4% year-on-year. EBITDA grew 31.3% to ₹13.5 crore with a margin of 17.4%, while PAT rose 31% to ₹10.9 crore, translating into a PAT margin of 14%. The company maintained a strong, debt-light balance sheet with shareholders’ funds of ₹119.4 crore and cash reserves of ₹26.7 crore.

    CASHurDRIVE also received multiple industry recognitions, including BW Retail World Award 2024 and BW Merit Awards 2025, reflecting its creative leadership in outdoor media. Going forward, the company aims to deepen its presence in green transit and digital OOH, invest in in-house production capabilities, and strengthen tech-led campaign management.

    With a solid post-IPO foundation and clear growth visibility, CASHurDRIVE remains confident of delivering sustainable and long-term value to its stakeholders.”

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  • Abhee Ventures Marks a Transformative Milestone with Its New Corporate Office

    Abhee Ventures Marks a Transformative Milestone with Its New Corporate Office

    Abhee Ventures New Office in Sector 4, HSR Layout, Bengaluru.

    New Delhi [India], November 14: A bigger space, a bolder vision. Every milestone tells a story. For Abhee Ventures, one of Bengaluru’s emerging real estate brands, the move to its new corporate office at Sector 4, HSR Layout, marks the beginning of a new chapter in its growth journey. The new space brings together Abhee’s growing teams under one roof, mirroring the company’s larger journey of evolution within Bengaluru’s fast-changing real estate landscape.

    Abhee Ventures has always been driven by the belief that good homes shape better lives. Over the years, that belief has translated into thoughtfully planned projects across the city, each designed to blend comfort, leisure, connectivity, and long-term value. “This move represents the next phase of our growth,” says R. Nagaraj Reddy, Managing Director, Abhee Ventures.     “We are building an organisation capable of leading change, not just keeping pace with it.”

    Among Abhee’s flagship RERA-approved developments, Abhee Aaria near Gunjur Lake spans 12 acres with 85% open space, a 2-acre central forest, and a 60,000 sq ft. clubhouse. Abhee Celestial City, located just off Sarjapur Road, rises 27 floors high, offering 2 & 3 BHK homes with sweeping views and refined amenities.

    Abhee Serenity Springs, near the Bommasandra Metro Station, features 2 & 3 BHK Vastu-compliant homes across 4.5 acres. Abhee’s plotted developments, Abhee Tranquila (off Sarjapur Road) and Abhee Natura (Whitefield Extension), give buyers the flexibility to invest in land for excellent capital appreciation.

    Looking Ahead

    With over 10 million square feet of new development on the horizon, Abhee Ventures is ready for its next leap as new launches emerge across North & East Bengaluru. The new corporate office serves as a reflection of that momentum, a symbol of a brand moving forward with clarity, growing steadily, and carrying a vision to transform the country’s real estate landscape.

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  • Creative agency Influencer Act received 2025 Afaqs brand storyz award for outstanding brand story telling.

    Creative agency Influencer Act received 2025 Afaqs brand storyz award for outstanding brand story telling.

    New Delhi [India], November 14: Influencer Act, the pioneering creativity agency under the umbrella of Geoads Media got honoured with the prestigious Afaqs Brand Storyz Award on the November 13, 2025, at the Aloft, Aerocity, Gurugram. The agency was nominated under two categories- category 1: Use to data and insights and category 2:BFSI , in which it got bronze and gold respectively.

    This recognition is an outcome of their outstanding work with India’s leading brands, that are building their social media presence.

    The Brand Storyz Awards organised by Afaq Events celebrate outstanding work in Content Marketing and Brand Story telling as well as highlighting campaigns that combine strategy creativity. Established in 2023, these awards have become the “Steves” of India’s marketing ecosystem, celebrating truly engaging campaigns that have inspired and captivated audiences.

    Influencer Act and brands- a partnership in story telling excellence.

    Influencer Act has been in the market for several years building a reputation for influencer led brand campaigns that built brand’s image and sales in the market. Among their diverse portfolio the collaboration with notable brands has demonstrated how a creative agency can transform brand engagement into real ROI.

    Over the past few years, Influencer Act has closely collaborated with many brands to create and execute campaigns that resonate with India’s digitally aware audience. From conceptualizing influencer campaigns to making content strategies that could educate as well as engage the audience. The Influencer Act has helped clients/brands in making their position strong as trusted brands.

    Key initiatives included dealing with micro as well as macro influencers, and focusing on regional influencers such as tamil, telugu, assamese etc. This relationship building has helped to simplify the product for users, creating engaging stories around insurance awareness and developing interactive digital campaigns that could health achieve both measurable conversions as well as brand recall. By combining strategic insights with creativity, Influencer Act has made sure that their campaigns were not just compelling but also aligned with the brand’s product.

    Award recognition and broader impact

    It is this remarkable work of the agency that has earned Influencer Act brand storyz awards under “Use to data and insights” and “BSFI” category.

    The agency’s campaigns show its capacity to provide an excellent mix of creativity and strategic planning, showcasing how influencer let story telling can give measurable brand outcomes.

    Influencer Act continues to work with multiple other brands delivering campaigns that combine strategic creativity and innovation. Apart from this, Influencer Act has been a leading influencer marketing agency in BFSI industry.

    The agency’s market presence and consistent ability to engage audiences makes it stand out in India’s competitive marketing landscape and make it true to its motto “digital beyond limits”.

    Voices from Influencer Act and Geoads Media

    “Being awarded with the brand storyz awards is a proud moment for all of us,” said founder and CEO of Influencer Act.

    He further said “Our work with top-most clients reflects our approach of meaningful storytelling, audience engagement and delivering miserable business.’’

    About Afaqs events

    Afaqs events is a leading platform for India’s marketing media sectors advertising connecting brands agencies and to create and engage as well as showcase outstanding work. The brand storyz awards is one of its flagship initiatives which celebrate excellence in brand story telling.

    About Influencer Act and Geoads Media

    Influencer Act operating under Geoads Media specializes in influencer marketing, integrated content campaigns as well as other creative services. They focus on making authentic videos and collaborating with multiple leading brands

    The agency brings together strategic insight and creativity, to craft impactful brand narratives.

    Visit on: https://influenceract.com/

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  • Ashapuri Gold Ornament Limited Reports 540 Bps EBITDA Margin Expansion, 428 Bps PAT Margin Growth & 20% YoY Sales Volume Growth in Q2 FY26

    Ashapuri Gold Ornament Limited Reports 540 Bps EBITDA Margin Expansion, 428 Bps PAT Margin Growth & 20% YoY Sales Volume Growth in Q2 FY26

    Mumbai (Maharashtra) [India], November 13: Ashapuri Gold Ornament Limited (BSE – 542579), one of India’s leading B2B jewellery manufacturers, reported its Unaudited financial results for Q2 & H1FY26.

    Key Financial Highlights:

    Q2 FY26

    • Total Income of ₹ 102.41 Cr, YoY growth of 17.81%
    • EBITDA of ₹ 11.47 Cr, YoY growth of 128.66%
    • EBITDA Margin of 11.20%, YoY growth of 543 Bps
    • PAT of ₹ 8.47 Cr, YoY growth of 144.62%
    • PAT(%) of 8.27%, YoY growth of 429 Bps
    • EPS of ₹ 0.25, YoY growth of 150.00%

    Q2 FY26 (QoQ)

    • Total Income of ₹ 102.41 Cr, QoQ growth of 93.39%
    • EBITDA of ₹ 11.47 Cr, QoQ growth of 128.41%
    • EBITDA Margin of 11.20%, QoQ growth of 172 Bps
    • PAT of ₹ 8.47 Cr, QoQ growth of 167.12%
    • PAT(%) of 8.27%, QoQ growth of 228 Bps
    • EPS of ₹ 0.25, QoQ growth of 150.00%

    H1 FY26

    • Total Income of ₹ 155.37 Cr, YoY growth of 18.04%
    • EBITDA of ₹ 16.49 Cr, YoY growth of 88.20%
    • EBITDA Margin of 10.61%, YoY growth of 396 Bps
    • PAT of ₹ 11.65 Cr, YoY growth of 92.11%
    • PAT(%) of 7.50%, YoY growth of 289 Bps

    Sales Quantity

    Sales quantity increased to 145.07 KGS in Q2 FY26 from 120.58 KGS in Q2 FY25, registering a growth of 20.31%. For H1 FY26, sales quantity stood at 217.10 KGS versus 181.67 KGS in H1 FY25, reflecting a 19.50% increase.

    Manufacturing Quantity

    Manufacturing quantity rose to 145.17 KGS in Q2 FY26 from 100.02 KGS in Q2 FY25, marking a strong growth of 45.14%. For the half-year period, H1 FY26 manufacturing quantity was 246.94 KGS, compared to 224.02 KGS in H1 FY25, recording a 10.23% increase.

    *EPS of ₹ 0.35, YoY growth of 94.44%

    Speaking on the financial performance, Mr Jitendra Kumar Soni, Joint Managing Director of Ashapuri Gold Ornament Limited, said, “We are delighted to share another strong quarter of performance in Q2 FY26, with PAT growing by 145% year-on-year and EBITDA more than doubling. Our EBITDA margin expanded by 540 basis points to 11.20%, and PAT margin improved by 428 basis points to 8.27%. This remarkable improvement reflects our disciplined execution, operational efficiency, and the inherent strength of our B2B jewellery business model.

    We are equally pleased with the strong momentum in volumes this quarter. Sales quantity increased by over 20% YoY to 145.07 kg, driven by sustained demand for our differentiated product portfolio and increasing acceptance of our design-led offerings among leading retail chains. This continued expansion in volumes demonstrates the robust market appetite for our jewellery collections and validates our strategy of building scale while ensuring product excellence.

    During the quarter, we secured new orders worth ₹5.41 Cr from reputed national jewellery retail chains under our premium Aneya collection, reinforcing brand trust and customer confidence. The ₹102 Cr of fresh domestic orders booked at the Gem & Jewellery Show 2025 further validates the growing market acceptance of our design capabilities and product quality. As we move forward, our focus remains on profitable growth, expanding our design portfolio, and strengthening our relationships with leading retail partners across India.”

    Key Q2 FY26 Operational Highlights

     

    Bagged fresh domestic orders worth ₹102 crore at IIJS Premier 2025.

    • Orders secured from top national and regional jewellery chains.
    • Execution timeline of 90 days, reflecting strong operational agility.
    • Strengthens order book visibility and near-term revenue momentum.
    Secured purchase orders worth ₹5.41 crore from renowned national jewellery retail chains.
    • Orders pertain to the Aneya Brand (Polki and Diamond) collection, a premium product line.
    • Execution timeline of 45 days, showcasing design efficiency and timely delivery capability.
    • Strengthens order book visibility and expands the Aneya brand’s market footprint.

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