Persistent Reshuffles Leadership to Boost Tech Growth
Persistent Systems, a global leader in digital engineering and enterprise modernisation, has announced key leadership changes aimed at strengthening its growth strategy and operational execution. Dhanashree Bhat, the current Chief Operating Officer, will step down from her role effective 11 August 2025 to pursue external opportunities.In her place, Jaideep Dhok will be elevated to Chief Operating Officer – Technology, effective 12 August 2025. This move underscores the company's succession planning, focus on AI-driven transformation, and its commitment to seamless execution.Jaideep, who prev..
Kalpataru's Q1 PAT Rises 154 percent, Revenue Hits Rs 61.7 Billion
Kalpataru Projects International Limited (KPIL), a global infrastructure EPC company, announced strong quarterly results for Q1 FY26.On a standalone basis, revenue rose 35 per cent year-on-year to Rs 50.4 billion, supported by robust execution and a strong order backlog. EBITDA grew by 37 per cent to Rs 4.28 billion, with margins steady at 8.5 per cent. Profit before tax (PBT) increased by 67 per cent to Rs 2.74 billion, while profit after tax (PAT) climbed 72 per cent to Rs 2.01 billion. PAT margin stood at 4.0 per cent. The company also reported a 33 per cent year-on-year reduction in net de..
FDC Q1 Revenue at Rs 6.48 Billion, Margins Dip Slightly
FDC Limited has reported a steady performance for the quarter ended 30 June 2025 (Q1 FY26), with operating revenue of Rs 6.48 billion, reflecting a year-on-year (YoY) growth of 1.6 per cent.The India formulation business recorded revenue of Rs 5.79 billion, showing a 5.6 per cent YoY rise and contributing 90 per cent to total consolidated sales. The API segment also delivered modest growth of 3.3 per cent YoY, with sales of Rs 260 million. However, export formulations dropped 33.8 per cent YoY to Rs 420 million, while emerging market revenue declined 39 per cent YoY to Rs 260 million due to su..
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