Donaldson Posts Record Q3 Sales and Earnings

04 Jun 2026 CW Team

Donaldson Company reported record third-quarter fiscal 2026 sales of $995.1 million, approximately Rs 83.09 billion, up 5.8 per cent year-on-year. GAAP net earnings rose to $118.1 million, approximately Rs 9.86 billion, from $57.8 million, around Rs 4.83 billion, a year earlier.

Adjusted net earnings stood at $125.5 million, approximately Rs 10.48 billion, while adjusted EPS increased 7.1 per cent to $1.06. Operating margin was 15.6 per cent, while adjusted operating margin reached an all-time high of 16.6 per cent.

Mobile Solutions sales grew 8.1 per cent, supported by higher volumes, favourable currency translation and pricing benefits. Off-Road sales rose 8.8 per cent, driven by improved construction demand, while Aftermarket sales increased 8.1 per cent. Life Sciences sales grew 12.7 per cent, led by Food and Beverage and Disk Drive equipment demand.

Industrial Solutions sales declined 0.6 per cent, impacted by weaker Aerospace and Defence sales. Donaldson also completed the $829 million, approximately Rs 69.22 billion, acquisition of Facet Filtration, strengthening its Industrial Solutions portfolio. The company narrowed its fiscal 2026 outlook and expects record sales, adjusted operating margin and adjusted EPS.

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..