Recruitment gains in non-tech, real estate, matrimony cushion impact of weak tech hiring
Despite this, the CDMO segment remained Akums' key growth driver, contributing Rs 804 crore, or 79 per cent of its total revenue
India sales grew 14% Y-o-Y to ₹2,766 crore in the September quarter, while international sales rose 29.5% to ₹1,189 crore, contributing 31.7% to overall revenue
Its net sales in the quarter marginally rose 0.9 per cent to Rs 6,170.4 crore in the July-September quarter
Eureka Forbes Ltd, a health and hygiene product maker, on Thursday reported an increase of 31.77 per cent in its consolidated net profit to Rs 62.92 crore in the September quarter of FY26. The company had a net profit of Rs 47.74 crore in the July-September quarter a year ago, according to a regulatory filing by the firm, now controlled by private equity firm Advent International. Revenue from operations was up 14.7 per cent to Rs 772.07 crore during the September quarter of FY26. It stood at Rs 673.13 crore in the corresponding quarter a year ago. This is the "eighth successive quarter of double digit growth", said Eureka Forbes in its earnings presentation. Eureka Forbes' total expenses increased 12.55 per cent to Rs 693.0 crore in the September quarter on a year-on-year basis. Commenting on the results MD and CEO Pratik Pota said: "In an uncertain and evolving external environment, Q2 FY26 was an exciting milestone quarter for us. We delivered a strong revenue growth of 14.9 pe
Digital payments firm Infibeam Avenues reported a 51% rise in Q2FY26 net profit to ₹66.5 crore, driven by strong transaction volumes, new merchants, and AI-led efficiency gains
Patel Engineering on Thursday reported an 11.73 per cent fall in consolidated net profit to Rs 64.7 crore for the September quarter, and a fundraising plan of Rs 500 crore. It had clocked a net profit of Rs 73.3 crore in the July-September period of FY25, the company said in an exchange filing. The company, however, increased its income to Rs 1,271.6 crore in the second quarter, from Rs 1,230.9 crore in the year-ago period. For April-September FY26, the company saw its net profit grow by around 20 per cent to Rs 144.7 crore, from Rs 121.1 crore in the six-month period of the previous fiscal. The board has also approved a rights issue of equity shares to raise Rs 500 crore. During the second quarter, Patel Engineering received a Rs 240 crore order from state-owned NHPC for civil and hydro-mechanical works at the Teesta-V project in Sikkim, bringing the total new orders received in H1 FY26 to Rs 2,500 crore. As of September 30, the company said its order book touched Rs 15,146 ...
Speciality chemicals manufacturer Aether Industries on Thursday reported 55.07 per cent growth in consolidated profit after tax at Rs 53.95 crores during the September quarter. The company's PAT stood at Rs 34.79 crores in the year-ago period, Aether Industries said in a regulatory filing. Revenue from operations of the company grew 38.44 per cent to Rs Rs 275.1 crore during the quarter under review compared to Rs 198.79 crore in the same period of the previous year. "The growth in the first half of 2025-26 has laid the foundation for a solid second half for FY26. We continue to invest in process innovation, customer partnerships, and capacity ramp-up, supported by a disciplined financial approach," Aether Industries Co-Founder and Director Rohan Desai said.
Healthcare products manufacturer Cupid Ltd on Thursday reported over two-fold increase in its net profit to Rs 24 crore for the second quarter ended September 30. The company had reported a net profit of Rs 10 crore in the July-September quarter of last year. Total income increased to Rs 90 crore for the second quarter as against Rs 47 crore in the year-ago period, the company said in a statement. "With capacity expansion and smarter procurement, we are removing execution bottlenecks and building a durable growth engine. We remain on track for our Rs 335 cr topline in FY26 and will reassess guidance during H2 in light of the constructive developments across our portfolio," Cupid Chairman and MD Aditya Kumar Halwasiya noted. The second half of FY26 is expected to be stronger than the first half, driven by strong order visibility and improving execution, it stated. The company also expects to deliver net profit of over Rs 100 crore for the year, it added. Shares of the company were
Stock market close highlights on November 13: On the BSE, Asian Paints, ICICI Bank and Power Grid were the top gainers while Eternal, TMCV and M&M were among the major laggards.
Shares of Apex Frozen Foods hit a 52-week high of ₹294.80, surging 10 per cent on the BSE in Thursday's intra-day trade.
Axiscades on Thursday reported a nearly two-fold rise in consolidated net profit to Rs 23 crore in the September quarter, backed by revenue growth. It had clocked a net profit of Rs 12 crore in the July-September period of FY25, the company said in a statement. Revenue from operations rose 13 per cent to Rs 299 crore from Rs 265 crore in the second quarter a year ago. For April-September of the first half of FY26, the company reported a revenue of Rs 543 crore. The company's Founder Chairman & MD, Sampath Ravinarayanan, said, "We are targeting over 40 per cent year-on-year growth in our core business areas for FY26 and FY27, with acceleration to over 70 per cent projected for FY28 through FY30." Defence revenue increased by 37 per cent, aerospace revenue grew by 16 per cent, whereas ESAI (Electronics, Semiconductors and Artificial Intelligence) revenue declined marginally compared to Q2 FY25. Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions .
In the past three trading days, the stock price of Vodafone Idea has rallied 12 per cent after the company announced its financial results for the second quarter of 2025-26 (Q2FY26).
Prestige Estates Projects Ltd has reported a 95 per cent increase in consolidated net profit to Rs 457.4 crore for the latest September quarter on higher income and lower expenses. Its net profit stood at Rs 234.6 crore in the year-ago period. Total income rose to Rs 2,697.8 crore during the second quarter of this fiscal year, from Rs 2,423.8 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday. Irfan Razack, Chairman and Managing Director, Prestige Group, said the company has achieved steady financial and operational performance. "The first half of FY26 has been particularly encouraging, with robust sales momentum and strong cash flows underscoring the enduring trust that homebuyers and investors place in the Prestige brand. Our focus remains on timely delivery, prudent capital allocation, and expanding our footprint across key growth markets," he said. With a healthy launch pipeline ahead, Razack said the company is well-position
Analysts like Bikaji Foods' dual-engine growth strategy, i.e. continue to dominate the core states, while expanding and capturing new markets in key states
In the past one week, Vedanta stock has outperformed the market by surging 6 per cent, as compared to a 2.2 per cent rise in the BSE Sensex and 4.8 per cent gain in the BSE Metal index.
Cochin Shipyard shares fell 8 per cent intraday as Q2 profit and operating margin fell. The company also declared an interim dividend of ₹4 per equity share
The stock hit a four-month high of ₹3,044, as it rallied 9 per cent on the BSE in Thursday's intra-day trade after the company reported strong earnings for Q2FY26.
Nazara Tech shares gained 5 per cent despite a ₹29.35 loss in Q2FY26 compared with a net profit of ₹23.83 crore a year earlier
On the bourses, HAL share price was trading 0.27 per cent lower at ₹4,734 per share at 10 AM. By comparison, the BSE Sensex was trading flat at 84,463.92 levels.