K2 Infragen FY26 Revenue Rises 26%

01 Jun 2026 CW Team

K2 Infragen reported revenue from operations of Rs 1.85 billion in FY 2025-26, up 25.96 per cent from Rs 1.47 billion in FY 2024-25. Total income rose 27.19 per cent to Rs 1.89 billion, supported by improved execution and operational efficiency.

The company’s EBITDA increased 33.29 per cent to Rs 270.71 million, while Profit After Tax, excluding exceptional gain, stood at Rs 133.30 million, up 14.46 per cent. It also reported improved debtor days, stronger operating cash flow and higher cash and cash equivalents.

Since December 2025, K2 Infragen has secured new orders worth Rs 4.12 billion across energy, transmission and distribution, railways and renewable infrastructure. It has also bid for tenders worth around Rs 5.8 billion in the roads and railways sectors.

The company recently secured two orders from Rajasthan Rajya Vidyut Prasaran Nigam worth Rs 569.1 million, strengthening its position in power transmission. K2 Infragen operates across roads, railways, power transmission and distribution, civil construction, water infrastructure and renewable energy.

Technology

12 Jun 2026

LTTS Partners with Databricks to Advance Industrial AI

L&T Technology Services (LTTS) has entered a strategic partnership with Databricks to co-develop Industrial AI solutions for asset-intensive industries, including energy, petrochemicals, and manufacturing. The collaboration leverages LTTS’ engineering expertise across 600+ major plants with Databricks’ AI and analytics platform to convert operational data into actionable Engineering Intelligence.The partnership will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimisation, Overall Equipment Effectiveness, Production and Quality Intelligence, and Sust..

Opptra Partners with Unicommerce to Scale AI-Driven E-Commerce

Opptra, the AI-native e-commerce distributor founded by Flipkart co-founder Binny Bansal, has partnered with Unicommerce to enhance operations across India, the GCC, and Southeast Asia. The collaboration integrates Opptra’s brand expansion expertise with Unicommerce’s AI-led Uniware platform, enabling centralised management of orders, inventory, and fulfilment across warehouses, stores, and sales channels.Opptra retains full commercial ownership of online brand operations, from marketplace strategy and pricing to fulfilment and customer service. Leveraging Unicommerce’s 350+ integrations..

AHS Properties Acquires Shangri-La Hotel for AED 1.1 Billion

AHS Properties has acquired the Shangri-La Hotel on Sheikh Zayed Road for AED 1.1 billion from Mismak Asset Management, marking one of the largest single-asset real estate deals in recent history. The 43-floor, 200-metre tower, completed in 2003, was among the first five-star hotels on the corridor.This acquisition complements AHS Tower and AHS City, forming a vertical corridor strategy that represents a substantial portion of the developer’s AED 50 billion year-end 2026 pipeline. Founder and CEO Abbas Sajwani described the purchase as a long-term investment in structurally constrained asset..