Author: Sutun Nayak

Chennai (Tamil Nadu) [India], November 13: Orient Green Power Company Limited (NSE – GREENPOWER | BSE – 533263 | INE999K01014),One of India’s foremost independent renewable power producers, focused on wind farm operations, has reported its Unaudited Financial Results for Q2 and H1 FY26.

Key Financial Highlights

Q2 FY26 Consolidated Financial Highlights

• Total Income of ₹ 135.45 Cr, YoY growth of 9.76%

• EBITDA of ₹ 104.31 Cr, YoY growth of 1.94%

• Net Profit of ₹ 80.94 Cr, YoY growth of 21.79%

• Net Profit Margin (%) of 60%, YoY growth of 590 BPS

H1 FY26 Consolidated Financial Highlights

• Total Income of ₹ 228.62 Cr, YoY growth of 19.92%

• EBITDA of ₹ 170.23 Cr, YoY growth of 15.53%

• Net Profit of ₹ 109.56 Cr, YoY growth of 37.79%

• Net Profit (%) of 48%, YoY growth of 622 BPS

Business Highlights:

● Achieved highest ever half-yearly consolidated PAT exceeding hundred crores.

● Increase in y-o-y half-yearly turnover, EBITDA and PBT by ~ 20%, ~ 16% and ~60% respectively.

● Refund of Rs. 16 Crores excess interest charged in earlier years/periods received during the quarter.

Commenting on the performance, Mr. T Shivaraman, Managing Director & CEO, said: “The generation during the quarter has been consistent and continued the momentum gained during the previous quarter and enabled us to post a ~20% y-o-y increase in operating revenues during the half year. EBITDA for the half year recorded a y-o-y growth of around 16%. Finance costs reduced by over 20% due to reduction in interest rate contributed by prompt repayment of principal and improved ratings. Exceptional incomes from refund of excess interest by lenders of about ₹16 crore during the quarter further boosted profitability for the half year. Our 7MW solar power plant is expected to be commissioned by December 2025. The balance planned capacity addition is expected to be completed by June 2026. With the component upgradation completed so far coupled with proposed solar power plant underway we expect to deliver improved returns.”

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Pune (Maharashtra) [India], November 13: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a comprehensive industrial automation solutions provider catering to both automotive and non-automotive sectors, has announced strong financial performance for the fiscal first-half ended September 30, 2025. The Pune-based company reported 23% increase in net profit to Rs 7.53 crore, while total income grew 21.6% to Rs 73.55 crore.

H1 Key Financial Highlights

• Total Income of ₹ 73.55 Cr, YoY growth of 21.60%

• EBITDA of ₹ 12.96 Cr, YoY growth of 24.29%

• EBITDA Margin (%) of 17.62%, YoY growth of 38 Bps

• Net Profit of ₹ 7.53 Cr, YoY growth of 22.97%

• Net Profit Margin (%) of 10.23%, YoY growth of 11 Bps

• EPS of ₹ 4.27, YoY growth of 5.54%

Recent Key Business Highlights

Continued Order Momentum	• Secures fresh corporate orders worth ₹30.13 crore, taking total order book beyond ₹140 crore.
Acquisition	• Entities Acquired: Pentaco Automation Pvt. Ltd. and MII Robotics Pvt. Ltd. • Stake Acquired: 60% in each company. • Completion Date: September 19, 2025.

Commenting on the performance Mr. Manoj Patil, Promoter and Managing Director, Patil Automation Limited said, “The first half of the year has been very encouraging for Patil Automation. The company delivered healthy growth in revenue and profits, supported by strong execution and steady demand across key customer segments. Improved efficiencies and a sharper focus on delivery timelines helped strengthen operating performance, reflecting the growing trust our customers have placed in Patil’s automation solutions.

Patil Automation continues to scale its business at a steady pace, backed by a strong order book and increasing adoption of automation in manufacturing. The company is confident that the opportunities ahead are significant and is well-positioned to build on this momentum through innovation, new customer wins, and a commitment to quality and performance.”

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New Delhi [India], November 13: Maximus International Limited, a leading manufacturer and exporter of specialty lubricants and petroleum products, announced its financial results (limitedly reviewed) for the quarter and half year ended 30th September 2025, posting robust growth across revenue, profitability, and key financial metrics.

Key Consolidated Financial Highlights (INR in Lakhs):

• Quarter-on-Quarter (QoQ) Performance – September 2025 vs June 2025

Revenue for the quarter increased 16% to ₹4,584 lakhs from ₹3,952 lakhs in the preceding quarter, driven by higher volumes and improved realizations. EBITDA grew 24% to ₹482 lakhs, supported by operational efficiencies and disciplined cost control.

Profit Before Tax (PBT) stood at ₹328 lakhs, registering a 32% sequential increase, while Profit After Tax (PAT) rose 20% to ₹279 lakhs. The Interest Service Coverage Ratio improved to 4.74 times, indicating stronger debt servicing capability. The Debt-Equity Ratio remained steady at the level of 0.68, reflecting a healthy capital structure.

• Year-on-Year (YoY) Comparison – September 2025 vs September 2024

On a year-on-year basis, revenue expanded 28%, with EBITDA up 25%, driven by sustained cost optimization and scale benefits. PBT and PAT recorded robust growth of 27% and 30%, respectively, underscoring sustained profitability and efficient resource utilization.

• Half-Yearly (H1 FY2025-26 vs H1 FY2024-25)

For the half year ended 30th September 2025, total revenue increased 14% to ₹8,536 lakhs from ₹7,506 lakhs in the corresponding period of the previous year. EBITDA improved 19% to ₹869 lakhs, while PAT advanced 20% to ₹512 lakhs, reflecting solid operational performance and financial discipline. The Debt-Equity Ratio remained steady at the level of 0.68, reflecting a healthy capital structure.

Maximus International Limited (BSE: 540401) is engaged in the manufacturing, trading, and export of specialty lubricants, base oils, and petroleum-based products. The Company caters to industrial and automotive sectors globally and is committed to innovation, quality, and sustainable growth.

Mumbai (Maharashtra) [India], November 13: Cupid Limited (Cupid, The Company), today announced that it has delivered the strongest quarter in its history during Q2 FY26 (quarter ended 30 September 2025).

Momentum remains strong, with the Company tracking a better run-rate in Q3 & Q4 both of which are shaping up to be a record quarters. Predominantly H2 has always been better than H1 backed by strong order visibility and improving execution.

Cupid remains on course to achieve its FY26 topline guidance of ₹335 Cr with upward bias, given the positive developments across segments company also expects to deliver a net profit of over ₹100 Cr for the year.

Key Consolidated Financial Highlights

Q2 FY26

• Total Income of ₹ 90.23 Cr, YoY growth of 91%

• Operating Income of ₹ 84.45 Cr, YoY growth of 103%

• EBITDA of ₹ 28.41 Cr, YoY growth of 176%

• EBITDA Margin of 34%, YoY growth of 891 Bps

• PBT of ₹ 32.19 C, YoY growth of 127%

• Net Profit of ₹ 24.12 Cr, YoY growth of 140%

• Net Profit Margin of 29%, YoY growth of 442 Bps

Q2 FY26 QoQ

• Total Income of ₹ 90.23 Cr, QoQ growth of 39%

• Operating Income of ₹ 84.45 Cr, QoQ growth of 41%

• EBITDA of ₹ 28.41 Cr, QoQ growth of 72%

• EBITDA Margin of 34%, QoQ growth of 610 Bps

• PBT of ₹ 32.19 C, QoQ growth of 65%

• Net Profit of ₹ 24.12 Cr, QoQ growth of 61%

• Net Profit Margin of 29%, QoQ growth of 348 Bps

H1 FY26

• Total Income of ₹ 154.98 Cr, YoY growth of 70%

• Operating Income of ₹ 144.25 Cr, YoY growth of 79%

• EBITDA of ₹ 44.89 Cr, YoY growth of 165%

• EBITDA Margin of 31%, YoY growth of 1012 Bps

• PBT of ₹ 51.74 Cr, YoY growth of 109%

• Net Profit of ₹ 39.14 Cr, YoY growth of 114%

• Net Profit Margin of 27%, YoY growth of 446 Bps

Note: Percentage figures have been rounded off to the nearest whole number

Record Quarter Q2 FY26 Highlights

• Record quarterly performance in revenue and profitability, driven by broad-based strength across India FMCG and B2B exports.

• Execution discipline supported by capacity de-bottlenecking and procurement strategies that reduced constraints and improved on-time delivery.

• Healthy order visibility supported by stronger customer relationships and sizable allocations, providing multi-year momentum.

Segment Updates

India FMCG Traction & Penetration Rising

• Portfolio gaining acceptance across key categories: condoms, deodorants, fragrances, pregnancy detection kits, hair-removal sprays, almond hair oil, and petroleum jelly.

• New launches of facewash and talcum powder are on the anvil.

• Wider retail reach and improved shelf execution across modern trade, general trade, and e-commerce driving repeat sales and market penetration.

• Continued investments in brand-building and activation strengthening category awareness and unit economics.

B2B Exports — “Firing On All Cylinders”

• Strengthened customer relationships translating into large allocations and order inflows across priority markets.

• Certification advantages and consistent quality driving higher win rates in tenders and long-term supply programs.

IVD (In-Vitro Diagnostics) — Certifications To Unlock FY27+ Growth

• CE certification benefits expected to open new markets across Europe, Africa, and Asia, supporting scale-up Q on Q.

• WHO PQ for malaria kits targeted in FY27, a potential catalyst for this vertical (subject to approvals).

Female Condom (Ring FC) — Next-Gen Pipeline

New Ring Female Condom undergoing UNFPA/WHO prequalification, positioning Cupid to compete more effectively in global procurement programs.

Capacity & Execution

• The ongoing capacity expansion, 2.5x the current capacity, will enable the Company, post commissioning of the new plant in FY27, to produce 2.5 condoms for every 1 condom produced today. Additionally, smarter procurement initiatives are reducing bottlenecks and improving line productivity, supporting stronger execution in H2 FY26 and beyond.

• Supply-chain resilience and disciplined working-capital management supporting growth without compromising quality or service standards.

Cupid Limited New Palava Plant Facade Design Renders.

Outlook & Guidance

• H2 FY26: The second half of FY26 is expected to be stronger than H1, driven by strong order visibility and improving execution.

• FY26: The Company reiterates its topline guidance of ₹335 Cr, with a potential upside to be reviewed post-Q3. It also expects to deliver Net Profit of over ₹100 Cr for the year.

• FY27 onwards: Positioned to emerge as a young, fast-maturing FMCG player with growing retail presence across domestic and global markets. Key certification milestones, capacity expansion initiatives, and enhanced distribution reach are expected to drive scale across Wellness, Personal Care, and IVD categories in both B2B and B2C segments.
Commenting on the performance, Mr. Aditya Kumar Halwasiya, Chairman and Managing Director said, “Q2 FY26 is a milestone for Cupid the strongest quarter in our history and, more importantly, a proof-point that our strategy is working across India FMCG, B2B exports, and Diagnostics. What excites me is the quality of growth: brand acceptance in India, deeper relationships and large allocations in exports and certification tailwinds that expand our addressable markets. With capacity expansion and smarter procurement, we are removing execution bottlenecks and building a durable growth engine. We remain on track for our ₹335 Cr topline in FY26 and will reassess guidance during H2 in light of the constructive developments across our portfolio.”

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(L-R) Dale VAZ, CEO SAHI, Reedhi Mukherjee, HEAD OF BRAND SAHI

New Delhi [India], November 13: Sahi, India’s new-age broker and high-performance trading platform, launched a powerful new brand film inspiring traders to upgrade from outdated technology and embrace a faster, smarter, and more powerful trading experience.

Drawing inspiration from India’s post-festive ritual of renewal, the campaign reflects a trader’s journey, breaking free from slow, decades-old charts and stepping into the future with the Sahi App, India’s new-age, high-performance platform. The cinematic story captures traders deleting lagging charts, organizing cluttered setups, and shifting to precision-driven trading powered by intelligent in-house Sahi charts and real-time market insights & analytics.

Sahi’s proprietary chart-first interface bridges the gap between analysis and execution. The platform combines intuitive design with powerful technology, offering AI-assisted trade insights, real-time Greeks, and advanced technical indicators that make execution seamless. With a one-click, single-screen trading experience, the platform has redefined what it means to trade smart.

With pro-grade tools, seamless & smooth execution, and AI-driven infrastructure, Sahi has emerged as a fast-growing platform among active traders. In just ten months, it has recorded over 800,000 app downloads, with active traders growing 50% month-over-month. Notably, 20% of users have executed over 500+ trades within five months, while more than 50% have placed 100+ trades, reflecting high engagement and trading intensity.

Despite its professional-grade tools and AI-driven infrastructure, Sahi offers up to 50% lower brokerage than most competitors, thanks to a lean operational model and advanced automation across internal teams.

“Too many traders today still rely on outdated tools that slow them down when it matters most,” said Dale Vaz, CEO of Sahi. “This campaign is our call to action to equip traders with the speed, intelligence, and power they need to compete in today’s markets. At Sahi, our mission is to build technology that amplifies their edge to level the playing field.”

Reedhi Mukherjee, Head of Brand, Sahi, added, “We wanted the film to tap into a universal truth that the tools you use define your performance. This campaign is a reminder to traders that it’s time to let go of what holds them back and embrace technology built for high performance. At its heart, Sahi isn’t just about charts, as it’s about giving traders the power to trade on their own terms.”

With this campaign, Sahi reinforces its position as India’s High-Performance Platform for active investors and traders, one that combines cutting-edge technology with human-centered design.

Surat (Gujarat) [India], November 13: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn(POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has announced its Unaudited Financial Results for H1 FY26.

Key Consolidated Financial Highlights of H1 FY26

• Total Income of ₹ 520.83 Cr, YoY growth of 2.35%
• EBITDA of ₹ 31.17 Cr
• EBITDA Margin of 5.98%, YoY growth of 597 Bps
• Profit After Tax of ₹ 17.84 Cr, YoY growth of 230.34%
• Profit After Tax Margin of 3.42%, YoY growth of 236 Bps
• EPS* of ₹ 1.68, YoY growth of 242.86%

*EPS taken on base Value ₹ 10

Commenting on the performance, Mr. Pratik R. Jaju, Managing Director of Sumeet Industries Limited said, “The second quarter has been a period of steady operational performance for us. We witnessed consistent demand in our polyester yarn segment, supported by a more balanced product mix and improved process efficiency. Our continued focus on operational discipline and optimization initiatives has helped us sustain margins in a competitive market environment.

The Board has initiated the process for expanding our FDY capacity by around 30,000 tonnes per annum with an investment of ₹ 75 Cr. Once completed, this strategic expansion is expected to strengthen our presence in the value-added synthetic yarn space and enhance both scale and profitability.

On the sustainability front, a 14 MW (DC) solar renewable power plant under the captive model has been installed and commissioned. We expect this initiative to deliver tangible benefits in terms of energy cost savings. We are also evaluating additional renewable power options, including wind and hybrid sources, to further reduce our energy costs and carbon footprint.”

Key Highlights

Capacity Expansion: The Board has approved a 30,000 TPA expansion for value-added synthetic yarns at a project cost of ₹75 crore, expected to add ₹300 Cr in annual revenue and boost profitability. Solar Power Commissioning: The Company has commissioned a 14.00 MW (DC) captive solar power plant under a PPA arrangement, leading to significant savings in power costs.

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Ahmedabad (Gujarat) [India], November 13: HEC Infra Projects Limited (HEC, The Company), (NSE Code: HECPROJECT), one of the leading players in the infrastructure sector, specializing in extra high voltage transmission and distribution projects have announced its Unaudited Financial Results for Q2 & H1 FY26.

Key Financial Highlights

Financial Highlights Q2 FY26

• Total Income of ₹ 40.82 Cr, YoY growth of 96.84%
• EBITDA of ₹ 3.86 Cr, YoY growth of 105.69%
• EBITDA Margin of 9.45%, YoY growth of 45 Bps
• Net Profit of ₹ 2.23 Cr, YoY growth of 82.10%
• EPS of ₹ 2.06, YoY growth of 70.25%

Financial Highlights H1 FY26

• Total Income of ₹ 68.74 Cr, YoY growth of 76.28%
• EBITDA of ₹ 6.47 Cr, YoY growth of 94.94%
• EBITDA Margin of 9.41%, YoY growth of 90 Bps
• Net Profit of ₹ 3.56 Cr, YoY growth of 72.88%
• EPS of ₹ 3.29, YoY growth of 62.07%

Commenting on the performance, Mr. Gaurang Shah, Managing Director of HEC Infra Projects Limited said, “We are pleased to share another quarter of healthy growth, reflecting our continued operational strength and execution capabilities. During Q2 FY26, total income nearly doubled year-on-year to ₹40.82 Cr, driven by improved project execution and steady order inflows. EBITDA grew by 106%, while net profit rose by 82%, underscoring enhanced operational efficiency and cost discipline.

During the quarter, we secured five new projects with a cumulative order value of ₹62.53 Cr, further reinforcing our presence in the infrastructure and energy domains. We remain committed to timely project delivery, quality excellence, and prudent financial management. Our growing order pipeline and strong client relationships position us well to sustain momentum and deliver consistent long-term value to our stakeholders.”

Key Operational Highlights

EPC Order – M/s BGP Infra Private Limited	Secured a ₹ 28.75 Cr EPC contract for setting up a 66 kV substation at the Borosil end along with 66 kV underground cable works. Completion timeline: 12 months.
Multiple Orders – Ahmedabad Municipal Corporation (AMC)	Awarded combined contracts worth ₹ 26.63 Cr across Central, North West and South Zones. Scope includes augmentation, upgradation and new construction of water distribution stations with integrated civil, electrical, mechanical and instrumentation works. Project timelines range from 8 to 36 months.
Battery Energy Storage Project – M/s Advait Energy Transitions Limited	Bagged a ₹ 7.15 Cr EPC order for implementing a Battery Energy Storage System (BESS). Execution period: 12 months.

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