Protean Reports Rs 2.1 Billion Revenue in Q1FY26
Protean eGov Technologies Ltd, a pioneer in building Digital Public Infrastructure in India, has reported consolidated revenue from operations of Rs 2.11 billion for the quarter ended 30 June 2025 (Q1FY26), compared to Rs 1.97 billion in the same period last year. This growth was primarily driven by continued momentum in CRA, tax, and identity services.EBITDA for the quarter stood at Rs 450 million, up from Rs 340 million in Q1FY25, with the EBITDA margin improving by 284 basis points year-on-year to 18.8 per cent. Profit after tax rose to Rs 240 million, compared to Rs 210 million in the corr..
Odisha Approves Rs 620 Million Aid for RIR SiC Plant
The Electronics & Information Technology Department of the Government of Odisha has approved fiscal support for Phase 1 of RIR Power Electronics Limited’s Silicon Carbide (SiC) semiconductor manufacturing facility in the state. The Odisha Computer Application Centre (OCAC), the department’s nodal agency, has approved and notified the fiscal support agreement, enabling pro-rata disbursement of the capital subsidy to the company.The project, with a total estimated cost of approximately Rs 6.18 billion for both Phase 1 and Phase 2, was previously cleared by the State-Level Single Wind..
Sigachi Begins Rs 1.2 Billion MCC Expansion at Dahej
Sigachi Industries Limited, one of India’s leading manufacturers of pharmaceutical excipients, APIs, and speciality ingredients, has commenced civil works for its latest phase of capacity expansion—an advanced 12,000 metric tonnes per annum (MTPA) Microcrystalline Cellulose (MCC) facility at its Dahej SEZ unit in Gujarat. This strategic initiative aligns with the company’s long-term commitment to operational resilience, a safety-first design approach, and continued global leadership in the excipient industry.Despite ongoing investigations into the recent tragic incident at its Pashamylar..
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