Mumbai, November 13: Fairfax Financial Holdings’ Rs 52,878-crore acquisition of IDBI Bank, clinched with an offer that beat the government’s independent valuation benchmark, is set to pave the way for the Canadian investor to transform the lender into a diversified financial services powerhouse spanning banking, insurance, investment banking and wealth management, sources said. Fairfax, led…
Category: Finance
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Davangere Sugar Q2 FY27 Net Profit Jumps 35% to Rs 3.54 Crore; Revenue Surges 49% to Rs 71.61 Crore
New Delhi [India], November 13: Davangere Sugar Company Limited reported strong revenue growth for the second quarter ended September 30, 2026, with consolidated net profit rising 34.64% year-on-year to ₹3.54 crore, compared with ₹2.63 crore in the corresponding quarter of the previous financial year. The company’s consolidated revenue from operations surged 48.59% to ₹71.61 crore…
Park Medi World Q2 FY27 Revenue Jumps 25% to Rs 511 Crore; Hospital Capacity Expands 32%
New Delhi [India], November 13: Park Medi World Limited, which operates the Park Group of Hospitals, reported a 25% year-on-year increase in consolidated revenue from operations to ₹511 crore for the second quarter ended September 30, 2026, compared with approximately ₹410 crore in the corresponding quarter last year. The company’s consolidated net profit stood at…
Magellanic Cloud Announces Readiness of UAV Facility Premises (Counter-Drone) Under Joint Venture; Phased Operational Rollout Planned
Pioneering Defence Innovation with Rayonix Tech and XTEND to Deliver Next-Generation Autonomous Tactical Drones for Indian Armed Forces and Security Agencies Hyderabad (Telangana) [India], November 12: Magellanic Cloud Limited (NSE: MCLOUD | BSE: 538891) announced that the premises for its advanced Unmanned Aerial Vehicle (UAV) manufacturing and testing facility under its joint venture, MCRAY XTEND…
Intense Technologies Announces H1 FY27 Results; Expands Client Portfolio and Strengthens BFSI Presence
During the quarter, we added three new clients to our portfolio, further strengthening our commitment to helping enterprises streamline customer communications, enhance customer experience, and deliver greater business value through our technology platforms and services. Hyderabad (Telangana) [India], November 12: Intense Technologies Limited (NSE: INTENTECH | BSE: 532326), a globally operating platform-led services company delivering…
Orient Green Power clocks Rs 106 Cr H1 FY27 Net Profit with an industry-leading 76% EBITDA margin
Chennai (Tamil Nadu) [India], November 12: Orient Green Power Company Limited (NSE – GREENPOWER | BSE – 533263 | INE999K01014), one of India’s foremost independent renewable power producers, focused on renewable energy operations, has reported its Financial Results for Q2 and H1 FY27. Key Financial Highlights (Consolidated, ₹ Cr) Q2 FY27 Total Income for Q2…
Aayush Wellness shares rise nearly 7% after robust financial results
Company reports consolidated income of Rs. 70.62 crore and PAT of Rs. 2.50 crore in first half of FY27 Mumbai (Maharashtra) [India], November 4: Shares of Aayush Wellness Limited (BSE:539528) rose nearly 7% in intra-day trade on Wednesday following the announcement of the company’s financial results for the quarter and half year ended September 30,…
Classic Electrodes (India) Limited Reports H1 FY27 Results; Total Income Up 18% YoY
Total Income grows 18% to ₹145.23 crore | EBITDA up 17% to ₹13.94 crore | Net Profit up 12% to ₹7.28 crore Kolkata (West Bengal) [India], November 11: Classic Electrodes (India) Limited (NSE: CLASSICEIL), a manufacturer of welding consumables, has announced its unaudited financial results for the half year ended September 30, 2026. H1 FY27…
Sumax Engineering Limited Reports Strong H1 FY27 Results; Net Profit Up 60% YoY
EBITDA up 39% | EBITDA margin expands 356 bps Hyderabad (Telangana) [India], November 11: Sumax Engineering Limited (NSE: SUMAX), a manufacturer and supplier of automotive consumables and related solutions for automotive OEMs and the auto-refinish and aftermarket segments, has announced its unaudited financial results for the half year ended September 30, 2026. H1 FY27 Financial…
Capital India Finance Reports Strong H1 FY27 Growth; Disbursements Rise 39%, AUM Grows 25% and Interest Income Increases 47%
Mumbai (Maharashtra) [India], November 7: Capital India Finance Limited (CIFL), a listed NBFC focused on MSME lending (BSE: 530879 | NSE: CIFL), reported strong operating growth for the half year ended September 30, 2026. Disbursements increased 39% year-on-year to ₹386.68 crore, while Assets Under Management (AUM) grew 25% to ₹1,284.13 crore. Interest income increased 47%…