Kirloskar Pneumatic Reports Rs 940 mn PBT for H1 FY26

03 Nov 2025 CW Team

Kirloskar Pneumatic Company (KPCL) reported revenue from operations of Rs 6.5 billion and a profit before tax (PBT) of Rs 940 million for the first half of FY26. The company recorded Rs 3.78 billion in revenue and Rs 570 million PBT for Q2 FY26, with a net profit after tax of Rs 430 million.

KPCL’s order book stood at Rs 16.67 billion as of 1 October 2025, up from Rs 16.24 billion at the start of the year. The compression business contributed around 91 per cent of total revenue during H1 FY26.

The company attributed lower profits to slower project execution and order finalisation but said it used the period to commercialise new IPs and strengthen manufacturing capabilities. It also launched the Tyche semi-hermetic compressor and achieved 100 installations of its Tezcatlipoca centrifugal compressor.

KPCL’s board has approved a Production Linked Incentive (PLI) Scheme application to enter the commercial air conditioning market, valued at over Rs 5,000 crore, with plans to set up a new facility within 18 months.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..