Days after Indian-origin billionaire Pankaj Oswal’s daughter Vasundhara Oswal was released on bail from detention in Uganda, ...

Vasundhara Oswal, the 26-year-old daughter of Indian-origin billionaire Pankaj Oswal, has been detained in Uganda for over ...

Sunteck Realty (SRIN) reported pre-sales of INR5.2b in 2QFY25, up 33% YoY (13% lower than our estimate). Traction in uber-luxury projects remained intact, with bookings of INR1.6b, or 31% of ...

HNDL’s consolidated net sales stood at INR582b (+7 YoY/+2% QoQ) in 2QFY25 vs. our est. of INR569b, aided by better realizations and efficiencies in India operations. Consolidated EBITDA stood at ...

Samvardhana Motherson (MOTHERSO) reported muted results, with an EBITDA margin of 8.8%, down 80bp QoQ (vs. est. 9.4%), hit by global PV industry slowdown, slower EV ramp-up, and seasonal factors ...

Emami reported 3% YoY sales growth in 2QFY25 (est. 5%). The domestic business grew 2.6% YoY, led by volume growth of 1.7% (est. 3%). This quarter faced headwinds as persistently high food ...

Bata India (BATA) delivered a modest growth recovery with 2% YoY revenue growth. The 10% miss on EBITDA was primarily driven by lower gross margin (-140bp YoY) on account of a shift in the channel ...

Indigo Paints’ (INDIGOPN) standalone sales growth stood at 7% YoY in 2QFY25 (6% in 1QFY25, 18% in FY24) due to subdued industry demand (1% down in 1HFY25). Apple Chemie (subsidiary) clocked ...

According to Saxena, a proposal for the land and construction of the three 33/11 kV substations has been accepted by VAVY. Land has been designated for the same in sectors 2, 3, and 7. A fourth 33 ...

2QFY25 revenue stood at INR324b (-5% YoY/-2% QoQ), in line with our estimate of INR326. The QoQ decline was due to weak realization. Steel production stood at 5.27mt, whereas deliveries stood at 5 ...