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PTC and Kineco Ink MoU for Indigenous Aerospace

PTC Industries, a manufacturer of high-quality, high-precision metal components and exotic materials such as titanium and superalloys, has partnered with Kineco Aerospace & Defence, a specialist in advanced composite solutions. The collaboration aims to create an integrated ecosystem for the development of next-generation aerospace structures for civil and defence applications.The MoU was signed by Sachin Agarwal, Chairman and Managing Director of PTC Industries, and Shekhar Sardessai, Founder, Chairman and Managing Director of Kineco Group, in the presence of senior leadership from both c..

Elgi Equipments Q1 FY26 PAT Rises 17.5% to Rs 850.6 Million

Elgi Equipments, a global manufacturer of air compressors, reported total income of Rs 8.86 billion for Q1 FY26, up 8.8 per cent from Rs 8.14 billion in Q1 FY25 and 0.7 per cent higher than Rs 8.80 billion in Q4 FY25. The growth reflects continued market momentum and a solid order book across its oil-free and oil-lubricated compressor segments.Profit before tax stood at Rs 1.14 billion, registering a 14.8 per cent increase year-on-year and a 4 per cent rise quarter-on-quarter. Profit after tax rose to Rs 850.60 million, up 17.5 per cent Y-o-Y and 12.3 per cent Q-o-Q. Earnings per share climbed..

Exicom Q1 FY26 Revenue at Rs 2.05 Billion

Exicom Tele-Systems has reported consolidated revenue of Rs 2.05 billion for Q1 FY26, with an order book exceeding Rs 15 billion. Despite a soft quarter, the company expects stronger performance from Q2, backed by EVSE momentum, Bharat Net project execution, and international growth in its critical power business.Exicom Tele-Systems, a leading Indian manufacturer of EV charging and critical power solutions, posted Q1 FY26 consolidated revenue of Rs 2.05 billion, an EBITDA margin of –18.8 per cent, and adjusted loss after tax of Rs 710.1 million. On a standalone basis, adjusted profit after t..