IRB InvIT Fund Declares ₹1.50 Per Unit Q2FY26 Distribution, Doubles Asset Base To ₹16,000 Crore With Three New Highway Acquisitions
Mumbai: IRB Infrastructure Pvt. Ltd., the Investment Manager to IRB InvIT Fund, India’s first listed Infrastructure Investment Trust, announced its Q2 FY2026 financial results and declared a distribution of ₹1.50 per unit for its unitholders. The Trust also completed the acquisition of three revenue-generating highway assets, expanding its asset base to over ₹16,000 crore and extending […]
ReNew Commits ₹82,000 Crore To Andhra Pradesh’s Green Energy Push, Signs MoUs For Solar, Hydro, Ammonia, And Storage Projects
New Delhi: ReNew Energy Global Plc, a leading decarbonisation solutions company, announced a landmark investment of approximately ₹82,000 crore (US$9.3 billion) in Andhra Pradesh’s green energy portfolio, reinforcing its long-term commitment to India’s energy transition. The announcement includes four new Memorandums of Understanding (MoUs) worth ₹60,000 crore (US$6.7 billion), signed with the Andhra Pradesh Economic […]
India’s Green Hydrogen Boom Faces Demand Uncertainty Despite 158 Projects And Strong Investor Interest
New Delhi: India’s green hydrogen industry is witnessing unprecedented investor interest, with 158 projects announced as of August 2025. However, a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) warns that long-term demand certainty remains a critical barrier to project materialisation, with 94% of planned capacity yet to move beyond […]
Rajesh Power Services Doubles Revenue In H1 FY26, PAT Surges 99% Amid Strong T&D Sector Momentum
Ahmedabad: Rajesh Power Services Limited (BSE: 544291), a leading turnkey EPC player in India’s power transmission and distribution (T&D) sector, reported stellar financial results for the half year ended September 30, 2025, with consolidated revenue from operations rising 104% year-on-year to ₹637.82 crore. The company also posted a 126% jump in EBITDA and a 99% increase […]
Hero Future Energies Signs ₹15,000 Crore MoU With Andhra Pradesh To Add 4 GW Of Green Power
New Delhi: Hero Future Energies (HFE), the renewable energy arm of the Hero Group, signed a landmark Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to develop 4 GW of renewable energy generation capacity across Ananthapuramu, Kurnool, and Kadapa districts. The proposed investment of ₹15,000 crore reinforces Andhra Pradesh’s emergence as a leading […]
Muthoot Finance Delivers Historic H1 With ₹1.47 Lakh Crore Loan AUM, PAT Surges 74% YoY
New Delhi: Muthoot Finance Ltd., India’s largest gold loan NBFC, reported its highest-ever consolidated loan assets under management (AUM) and profit after tax (PAT) for the first half of any financial year, underscoring robust growth across its core and subsidiary businesses. As of September 30, 2025, consolidated loan AUM stood at ₹1,47,673 crore, marking a 42% […]
SAMCO Launches India’s First Momentum-Based Small Cap Fund, Targets High-Growth Emerging Businesses
New Delhi: SAMCO Asset Management Private Limited has announced the launch of the SAMCO Small Cap Fund, India’s first momentum-based small-cap mutual fund designed to capture early-stage growth opportunities in high-performing emerging businesses. The New Fund Offer (NFO) will open for subscription on November 14, 2025, and close on November 28, 2025. The open-ended equity scheme […]
Patel Engineering Posts Steady Q2 Growth Amid Monsoon Challenges, H1 Net Profit Up 18.2% YoY
Mumbai: Patel Engineering Limited, a leading infrastructure and construction services company, reported resilient financial performance for Q2 and H1 FY2026, supported by disciplined execution and strong order inflows despite operational headwinds from prolonged monsoons. For Q2 FY2026, consolidated revenue from operations stood at ₹1,208 crore, up 2.91% year-on-year. Operating EBITDA reached ₹159 crore, reflecting a […]
Eureka Forbes Delivers Milestone Q2 With ₹100 Cr EBITDA, Marks 8 Straight Quarters Of Double-Digit Product Growth
Mumbai: Eureka Forbes Limited, one of India’s largest health and hygiene companies, reported a landmark performance for Q2 FY2026, achieving its highest-ever adjusted EBITDA of ₹101.6 crore and sustaining eight consecutive quarters of double-digit growth in its products business. For the quarter ended September 30, 2025, standalone revenue from operations rose 14.9% year-on-year to ₹773.4 crore, […]
Quality Power Posts Record-Breaking Q2 With 112% Revenue Surge, Strategic Global Partnerships Fuel Growth
New Delhi: Quality Power Electrical Equipments Limited, a leading player in India’s critical energy and power technology sector, reported its highest-ever quarterly revenue and EBITDA for Q2 FY2026, driven by robust international demand and strategic technology collaborations. The company’s consolidated revenue for Q2 FY2026 stood at ₹2,189 million, marking a 112.4% year-on-year increase. EBITDA surged […]