GAIL, HCL Sign Pact to Develop Critical Mineral Assets

Tiger Logistics Q1 FY26 Revenue Up 1.3% to Rs 102.5M

Tiger Logistics (India) Limited announced its unaudited financial results for Q1 FY26, reporting revenue of Rs 102.5 million, a modest year-on-year (YoY) growth of 1.3 per cent. Despite a 10.5 per cent quarter-on-quarter (QoQ) decline due to weaker air transport demand, the company demonstrated resilience with improved profitability.Key Financial Highlights:EBITDA rose 14 per cent YoY to Rs 5.9 million, with margins improving to 5.8 per cent.Profit After Tax (PAT) stood at Rs 4.7 million, up 1.8 per cent YoY.Container volumes grew 6.2 per cent YoY to 18,256 TEUs, while air transport volumes fe..

Biocon Q1 Revenue Hits Rs 39.4 Billion, Up 15 Per Cent

Biocon Limited, a global innovation-driven biopharmaceutical company, reported a consolidated operating revenue of Rs 39.4 billion for the quarter ended 30 June 2025 (Q1 FY26), marking a 15 per cent increase year-on-year. On a like-for-like basis, excluding the divestment gain from the previous year, EBITDA rose 19 per cent to Rs 8.3 billion, while Profit Before Tax (before exceptional items) increased 72 per cent to Rs 970 million.Core EBITDA stood at Rs 10 billion with a 25 per cent margin, supported by strong performances across business segments.Segment Highlights:Biosimilars: Revenue reac..

Pitti Engineering Q1 Revenue Rises 17 per cent to Rs 4.57 Billion

Hyderabad, 7 August 2025 – Pitti Engineering Limited, one of India’s largest producers of electrical steel laminations and machined components, reported robust financial results for the first quarter of FY26, ended 30 June 2025. The company registered a 17 per cent year-on-year rise in revenue to Rs 4.57 billion. EBITDA rose by 30 per cent to Rs 750 million, while profit after tax increased by 17 per cent to Rs 230 million.During the quarter, capacity utilisation reached 82 per cent for machined hours, 70 per cent for sheet metals, and 69 per cent for castings. Sales volume for stator fram..