Tata Power cancels energy InvIT deal with Malaysia’s Petronas

PG Electro Plast Posts Over 100% Profit Growth in FY25

PG Electroplast Limited (PGEL), a leading player in Electronic Manufacturing Services and plastic moulding, reported robust growth in its audited results for FY25. Consolidated revenues rose to Rs 48.70 billion, growing seventy-seven per cent year-on-year. Net profit surged one hundred and twelve per cent to Rs 2.91 billion, while EBITDA rose nearly eighty-nine per cent to Rs 5.19 billion.In Q4FY25, revenue touched Rs 19.10 billion, with net profit doubling to Rs 1.46 billion. The Board approved a final dividend of Rs 0.25 per share.PGEL’s product business recorded Rs 35.26 billion in r..

SRF Reports Strong Profit Surge with Broad-Based Business Gains

SRF Limited, a diversified chemical and industrial solutions company, reported a consolidated revenue of Rs 43.13 billion in the fourth quarter of FY25, rising from Rs 35.7 billion—a year-on-year growth of twenty-one per cent. Profit before tax grew by sixty per cent to Rs 7.07 billion, while earnings before interest and tax rose by forty-seven per cent to Rs 9.06 billion. Net profit stood at Rs 5.26 billion.The Chemicals Business led the performance with Rs 23.55 billion in revenue, up thirty per cent. Its operating profit reached Rs 7.48 billion. Fluorochemicals saw record domestic refrige..

Fusion Finance’s Rs 8 Bn Rights Issue Subscribed 1.5 Times

Fusion Finance Limited, a leading Non-Banking Financial Company-Microfinance Institution (NBFC-MFI), has successfully concluded its partly paid-up rights issue, raising Rs eight billion. Launched on fifteen April twenty twenty-five, the issue was subscribed 1.5 times, demonstrating strong support from institutional investors.The issue included over sixty-one million partly paid-up equity shares priced at Rs 131 per share, with a premium of Rs 121. The funds will enhance capital adequacy and reinforce Fusion’s position as one of India’s most well-capitalised microfinance institutions.The co..