Adani Defence to Acquire Majority Stake in Air Works for Rs 400 Cr

IRFC Refinances Rs 25.39 Billion for Angul Sukinda Railway

Indian Railway Finance Corporation (IRFC) has executed a refinancing facility worth Rs 25.39 billion for Angul Sukinda Railway Limited (ASRL), a special purpose vehicle within the railway ecosystem. The loan agreement was signed at IRFC’s New Delhi office by ASRL Managing Director Dilip Kumar Samantray and IRFC Executive Director (Finance) Deepa Kotnis, in the presence of senior officials from both organisations.Founded in 1986 as the dedicated financing arm of the Ministry of Railways, IRFC plays a key role in mobilising resources at competitive rates to strengthen India’s rail infrastruc..

Capacit’e Infraprojects Reports Rs 5.99 Billion Q1 FY26 Revenue

Capacit’e Infraprojects Limited, a leading construction company with operations across major Indian cities including Mumbai, NCR, Bengaluru, Hyderabad, Chennai, Pune, Goa, and Gandhinagar, has announced its consolidated financial results for the quarter ended 30 June 2025.Q1 FY26 Financial Highlights (Consolidated):Total Income: Rs 5.99 billion, up 4 per cent from Rs 5.78 billion in Q1 FY25.EBITDA: Rs 1.12 billion, down 4 per cent year-on-year, with an EBITDA margin of 18.6 per cent.EBIT: Rs 870 million, down 7 per cent from Rs 930 million in Q1 FY25, with an EBIT margin of 14.5 per cent.PAT..

Patel Engineering Q1 FY26 Net Profit Rises 56 per cent Y-o-Y

Patel Engineering Limited, a leading Indian infrastructure and construction services firm, has announced its limited reviewed financial results for the quarter ended 30 June 2025.Key Financial Highlights:Revenue from operations: Rs 12.33 billion, up 11.96 per cent year-on-year from Rs 11.02 billion in Q1 FY25.Operating EBITDA: Rs 1.65 billion, with a margin of 13.40 per cent.Net Profit: Rs 750 million, marking a 55.89 per cent increase from Rs 480 million in Q1 FY25. Net profit margin improved to 6.09 per cent from 4.37 per cent.EPS: Rs 0.92 in Q1 FY26, up from Rs 0.65 in Q1 FY25, reflecting s..