Finance Ministry approves Rs.229.72 bn for residential projects

Minda Corporation Delivers Record Q1 FY26 Revenue of Rs 13.86 Billion

Minda Corporation, the flagship company of Spark Minda, has reported its highest-ever quarterly performance for the quarter ended June 30, 2025, with consolidated revenue of Rs 13.86 billion, up 16.2 per cent year-on-year. The growth was driven by a robust product portfolio, a wider customer base, and increased product premiumisation.EBITDA stood at Rs 1.56 billion with an operating margin of 11.3 per cent, marking a 23 bps Y-o-Y improvement. Profit Before Tax was Rs 710 million (5.1 per cent margin), while Profit After Tax reached Rs 650 million (4.7 –per cent margin).The company also advan..

PTC and Kineco Ink MoU for Indigenous Aerospace

PTC Industries, a manufacturer of high-quality, high-precision metal components and exotic materials such as titanium and superalloys, has partnered with Kineco Aerospace & Defence, a specialist in advanced composite solutions. The collaboration aims to create an integrated ecosystem for the development of next-generation aerospace structures for civil and defence applications.The MoU was signed by Sachin Agarwal, Chairman and Managing Director of PTC Industries, and Shekhar Sardessai, Founder, Chairman and Managing Director of Kineco Group, in the presence of senior leadership from both c..

Elgi Equipments Q1 FY26 PAT Rises 17.5% to Rs 850.6 Million

Elgi Equipments, a global manufacturer of air compressors, reported total income of Rs 8.86 billion for Q1 FY26, up 8.8 per cent from Rs 8.14 billion in Q1 FY25 and 0.7 per cent higher than Rs 8.80 billion in Q4 FY25. The growth reflects continued market momentum and a solid order book across its oil-free and oil-lubricated compressor segments.Profit before tax stood at Rs 1.14 billion, registering a 14.8 per cent increase year-on-year and a 4 per cent rise quarter-on-quarter. Profit after tax rose to Rs 850.60 million, up 17.5 per cent Y-o-Y and 12.3 per cent Q-o-Q. Earnings per share climbed..