Real estate seeks input tax credit for leasing activities

Patel Engineering Q1 FY26 Net Profit Rises 56 per cent Y-o-Y

Patel Engineering Limited, a leading Indian infrastructure and construction services firm, has announced its limited reviewed financial results for the quarter ended 30 June 2025.Key Financial Highlights:Revenue from operations: Rs 12.33 billion, up 11.96 per cent year-on-year from Rs 11.02 billion in Q1 FY25.Operating EBITDA: Rs 1.65 billion, with a margin of 13.40 per cent.Net Profit: Rs 750 million, marking a 55.89 per cent increase from Rs 480 million in Q1 FY25. Net profit margin improved to 6.09 per cent from 4.37 per cent.EPS: Rs 0.92 in Q1 FY26, up from Rs 0.65 in Q1 FY25, reflecting s..

Mahindra Logistics Launches Premium B2C Mobility Brand Alyte

Mahindra Logistics Ltd, one of India’s largest integrated logistics and mobility solutions providers, has launched Alyte, a refreshed, premium, tech-enabled B2C mobility service designed for today’s digitally connected urban travellers. The service currently operates in Delhi NCR, with planned expansion to Noida International Airport, Mumbai, Bengaluru, Hyderabad, and other major metropolitan cities.Previously serving corporate clients under Mahindra Logistics’ Mobility Enterprise Solutions, Alyte now unifies all people mobility services under a single modern brand, strengthening its B2C..

Jyoti Structures Wins Rs 6.39 Billion Transmission Line Order

Jyoti Structures Limited (JSL) has secured a new order valued at Rs 6.39 billion (excluding GST) for the construction of 765 kV and 400 kV transmission lines in India on a turnkey EPC basis.The projects, aimed at strengthening the country’s power transmission infrastructure, are scheduled for completion within 12 to 15 months. JSL’s scope includes end-to-end execution, from design and procurement to installation and commissioning.The company continues to build its presence in the high-voltage transmission sector, leveraging its engineering expertise and execution capabilities to deliver la..