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EBITDA dropped by 55.8% to ₹33.4 crore, as against ₹75.6 crore in the same quarter last year. Operating margin contracted to 3.1%, compared to 6.6% in the year-ago quarter.

The company posted a net profit of ₹47 crore for Q1 FY26, up 3.8% from ₹45.3 crore in the same quarter last year. Revenue grew 5% year-on-year to ₹273 crore, compared to ₹260 crore in Q1 FY25.

Carborundum’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter declined by 37% on a year-on-year basis to ₹121.5 crore, while margins narrowed by six percentage points to 10% from 16% last year.

In a significant shift, Coal India Ltd (CIL) has permitted sale of surplus power on exchanges by plants using its linkage coal under long- and medium-term fuel supply agreements.

In his message to shareholders in the FY25 annual report, Reliance Industries Chairman and Managing Director Mukesh Ambani said the company is reshaping itself into a new-age deep-tech enterprise. He highlighted over 1,000 in-house scientists working on cutting-edge research in…

Prism Johnson Q1 Results: EBITDA margin improved to 9%, compared to 7.5% in the corresponding quarter last year.

Lincoln Pharma is targeting revenue of ₹1,000 crore within the next three years, driven by business expansion into high-value product lines and entry into new markets.

Shares of the company were down 2.4% at ₹30,142.85 on the BSE as of 1:44 p.m. IST. The stock has gained around 7.5% over the last six months.

A day earlier, brokerage firm Jefferies initiated coverage on Aegis Vopak Terminals with a ‘Hold’ rating and a price target of ₹270.

India is no longer just following trends — it is setting them. From UPI’s global success to the India AI Mission, from green energy to space tech, India is shaping the future. This is India’s moment. And Reliance is proud…