HMDA Plans to Raise Rs 200 Bn for Urban Infra Projects

Globe Civil Wins Rs 2.22 Billion Haryana Stadium Deal

Globe Civil Projects Limited has received an order worth Rs 2.22 billion from the Haryana Cricket Association, Bhiwani, for the construction of an International Cricket Stadium at Lohat in Jhajjar district, Haryana.The project, to be executed on a bill of quantities (BOQ) basis, has a stipulated completion period of 24 months. It marks Globe Civil’s entry into the sports infrastructure sector, underscoring institutional confidence in the company’s execution capabilities.Chairman and Whole-time Director Ved Prakash Khurana said the contract was a milestone for the company and an opportunity..

Platinum Industries Q1 Revenue Rises 12 Per Cent

Platinum Industries Limited, a leading manufacturer of PVC and CPVC additives and the third-largest player in India’s PVC stabiliser market, has reported a 12.4 per cent year-on-year increase in revenue for the first quarter of FY26, supported by improved capacity utilisation and favourable market conditions.Revenue from operations rose to Rs 1.15 billion in Q1 FY26 from Rs 1.03 billion in the same quarter last year. On a sequential basis, revenue grew 19.6 per cent from Rs 965 million in Q4 FY25. EBITDA stood at Rs 152 million, down 26 per cent year-on-year from Rs 205 million, but more tha..

Agarwal Industrial Q1 Profit Falls 67 Per Cent

Agarwal Industrial Corporation Limited (AICL), a leading manufacturer and trader of bitumen and allied products, has reported a sharp decline in earnings for the first quarter of FY26, with profit after tax falling 67 per cent year-on-year.For the quarter ended 30 June 2025, consolidated revenue stood at Rs 5.95 billion compared with Rs 7.09 billion in Q1 FY25, marking a 16 per cent decline. EBITDA dropped 39 per cent to Rs 380 million, while profit after tax fell to Rs 130 million from Rs 390 million a year earlier. Margins contracted, with EBITDA at 6.4 per cent against 8.7 per cent and net ..