Category: 18th Asia–Africa Business and Social Forum

  • KRN Heat Exchanger Marks Steady Q3 Revenue growth led by consistent order execution; PAT surges 65 Percent

    KRN Heat Exchanger Marks Steady Q3 Revenue growth led by consistent order execution; PAT surges 65 Percent

    Jaipur (Rajasthan) [India], February 09: KRN Heat Exchanger and Refrigeration Limited (BSE: 544263 | INE0Q3J01015 | NSE: KRN), one of the prominent manufacturers and exporters of aluminium/copper fins, copper tube heat exchangers, water coils, and condenser and evaporator coils has announced its Unaudited Financial Results for Q3 & 9M FY26.

    Key Financial Highlights 

    Q3 FY26 Consolidated Key Financial Highlights

    • Total Income of ₹155.09 Cr, YoY growth of 33.29%

    • EBITDA of ₹31.08 Cr, YoY growth of 96.54%

    • EBITDA Margin of 20.28%, YoY growth of 610 Bps

    • Net Profit of ₹22.66 Cr, YoY growth of 65.09%

    • Net Profit Margin of 14.61%, YoY growth of 281 Bps

    • EPS of ₹3.65, YoY growth of 72.17%

    9M FY26 Consolidated Key Financial Highlights

    • Total Income of ₹428.41 Cr, YoY growth of 40.06%

    • EBITDA of ₹78.93 Cr, YoY growth of 52.91%

    • EBITDA Margin of 18.77%, YoY growth of 147 Bps

    • Net Profit of ₹53.11 Cr, YoY growth of 39.72%

    • Net Profit Margin of 12.40%, YoY decline by 3 Bps

    • EPS of ₹8.54, YoY growth of 16.03%

    Q3 FY26 Standalone Key Financial Highlights

    • Total Income of ₹140.67 Cr, YoY growth of 31.35%

    • EBITDA of ₹17.41 Cr, YoY growth of 7.84%

    • EBITDA Margin of 12.77%, YoY decline by 276 Bps

    • Net Profit of ₹15.09 Cr, YoY growth of 18.93%

    • Net Profit Margin of 10.73%, YoY down by 112 Bps

    • EPS of ₹2.43, YoY growth of 25.91%

    9M FY26 Standalone Key Financial Highlights

    • Total Income of ₹485.02 Cr, YoY growth of 58.35%

    • EBITDA of ₹66.79 Cr, YoY growth of 31.58%

    • EBITDA Margin of 14.09%, YoY down by 281 Bps

    • Net Profit of ₹54.44 Cr, YoY growth of 49.45%

    • Net Profit Margin of 11.22%, YoY decline by 67 Bps

    • EPS of ₹8.76, YoY growth of 24.26%

    Export Revenue Highlights 9M FY26 – Consolidated

    • United Arab Emirates: 38.10%

    • USA: 37.28%

    • Canada: 8.57%

    • Italy: 7.60%

    • Other: 8.45%

    Commenting on the Performance, Mr. Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration Limited said, “During the quarter and across the nine-month period, we have seen steady progress in our core business, driven by consistent execution and improving order visibility. Demand from both domestic and export customers has remained healthy, and our teams have responded well by maintaining delivery timelines and quality standards.

    Over the past nine months, our focus has been on building depth—stronger customer relationships, higher value products, and tighter control over operations. This has helped us grow in a balanced manner while improving the overall quality of earnings.

    Looking ahead, we are confident about sustaining this momentum. With a stable order pipeline, expanding export engagements, and continued emphasis on operational efficiency, we believe the business is well positioned to grow steadily and strengthen its revenue base in the coming periods.”

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  • MAPISA369 Launches Premium Construction Chemicals at Nepal BuildCon 2026

    MAPISA369 Launches Premium Construction Chemicals at Nepal BuildCon 2026

    Kathmandu [Nepal], February 07: India’s leading construction chemical brand MAPISA369, by Shivazza Sundaram Group, officially launched its premium range of construction chemicals at Nepal BuildCon Expo 2026, in association with DK Group (Shree Shubham International).

    The company showcased its advanced product portfolio, including Epoxy Grout, Tile & Stone Adhesives, PU Adhesives, Tile Cleaner, Waterproofing Solutions, and several other innovative solutions designed for both residential and commercial applications.

    Speaking at the launch, the Managing Director of MAPISA369 highlighted the brand’s uncompromising approach to safety and quality.

    “Tile adhesive is not a beauty product; it is a bonding product. There should be no compromise on quality, as poor adhesives can lead to tile failure and serious safety risks. MAPISA369’s vision is clear — to provide superior-quality products, technical guidance, applicator training, and the latest tools to ensure safe and reliable construction.”

    MAPISA369 Launches Premium Construction Chemicals at Nepal BuildCon 2026-PNN

    Ashok H Choudhary CEO & Managing Director, MAPISA369

    Emphasizing the brand’s quality leadership, Choudhary added:

    “We are proud to be one of India’s first brands to offer a 10-year guarantee on our products, reinforcing our commitment to long-term performance and reliability.”

    Sharing his views on the partnership, Shivam Agarwal, Director of DK Group (Shree Shubham International), said:

    “Our vision is to revolutionize Nepal’s construction chemical industry and shift the market mindset toward quality. Shree Shubham International Group carries more than 30 years of trust and legacy, working with top brands, and we are proud to continue this journey by joining hands with MAPISA369.”

    With this strategic launch in Nepal, MAPISA369 aims to strengthen its footprint in the region while contributing to safer, quality-driven construction practices.

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  • Sathlokhar Synergys E and C Global Delivers Blockbuster Q3 FY26 Performance with 400 Percent Revenue Growth and 340 Percent Profit Rise

    Sathlokhar Synergys E and C Global Delivers Blockbuster Q3 FY26 Performance with 400 Percent Revenue Growth and 340 Percent Profit Rise

    Chennai (Tamil Nadu) [India], February 07: Sathlokhar Synergys E&C Global Limited (NSE: SSEGL), One of the leading EPC players, providing end to end turnkey execution across design, civil works, PEB structures, MEP systems, solar installations, and interior fit outs, has announced its Unaudited Financial Results for Q3 & 9M FY26.

    Key Financial Highlights

    Q3 FY26 Key Financial Highlights Q3 FY26

    • Total Income of ₹ 189.72 Cr, YoY growth of 400.83%

    • EBITDA of ₹ 27.93 Cr, YoY growth of 363.52%

    • EBITDA Margin of 14.72%,

    • PAT of ₹ 19.72 Cr, YoY growth of 340.09%

    • PAT(%) of 10.39%

    • EPS of ₹ 7.59, YoY growth of 308.06%

    9M FY26 Key Financial Highlights 9M FY26

    • Total Income of ₹ 439.93 Cr, YoY growth of 143.88%

    • EBITDA of ₹ 65.67 Cr, YoY growth of 143.31%

    • EBITDA Margin of 14.93%

    • PAT of ₹ 45.81 Cr, YoY growth of 140.50%

    • PAT(%) of 10.41%

    • EPS of ₹ 17.63, YoY growth of 123.45%

    Order Book Snapshot

    • Current order book: ₹ 1397.71 Cr

    • Pipeline Bids: ₹ 15,975 Cr

    Operational Highlights Q3 FY26

    Order from Helmier Private Limited

    Secured Civil work order from Helmier Private Limited in Kanchipuram, Chennai valued at ₹24.06 Cr

    Project from Reliance Consumer Products Limited.

    Order for PEB & Civil work from at BrahmanapalliVillage, Andhra Pradesh worth ₹35.61 Cr

    Order ₹41.88 Cr for Civil works at Kurnool District, Andhra Pradesh

    Order ₹26.56 Cr for Civil work at Brahmanapalli Village, Kurnool District, Andhra Pradesh

    Orders from Grand Atlantia PanapakkamSEZ Developers Private Limited

    Awarded contracts ₹52.47 Cr for Civil works at

    SIPCOT Park, Panapakkam, Tamil Nadu

    from Grand Atlantia Panapakkam SEZ Developers PrivateLimited.

    International Order Presence in Shri Lanka

    Secured International Order from Ceylon Beverage International (Private.) Limited & Ceylon Beverage (Private) Limited ₹35.59 Cr for MEP works.

    Orders from Leading Industrial and Automotive Clients

    Received projects from Toyota Kirloskar Motor Private Limited. ₹6.95

    Krishca Strapping Solutions Limited ₹1.89 Cr

    Commenting on the financial performance, Mr. G. Thiyagu, Managing Director of Sathlokhar Synergys E&C Global Limited said, ““Our strong financial performance during the period reflects the company’s improving scale and execution capabilities. The Company reported revenue of ₹189.72 Cr in Q3 FY26 and ₹439.93 Cr in 9M FY26, demonstrating significant growth compared to the corresponding previous periods. This performance highlights our strengthening market position and growing client confidence across key EPC segments.

    With a robust confirmed order book of approximately ₹1,397.71 Cr, the company has strong revenue visibility and execution momentum over the coming quarters. The expanding bid pipeline of nearly ₹15,975 Cr reflects increasing participation across multiple EPC segments and strengthening relationships with marquee domestic and international clients.

    The infrastructure and industrial capex environment remains favourable, supported by private sector investments and government-led infrastructure development, along with sustained demand for integrated EPC solutions.

    Going forward, our focus remains on selective bidding, maintaining execution discipline, and expanding our geographical and sectoral presence. With strong project visibility, improving scale, and a supportive industry outlook, we remain confident of sustaining our growth momentum while enhancing stakeholder value.”

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  • Next Crypto To Explode: Tether USDT Hits Record Market Cap

    Next Crypto To Explode: Tether USDT Hits Record Market Cap

    New Delhi [India], February 07: Tether’s dollar-pegged stablecoin, USDT, has surged to a record-breaking $187.3 billion market capitalization, even as major assets struggle to regain momentum. While capital flows into stablecoins often signal caution, they also hint that sidelined liquidity is waiting for the next crypto to explode as market conditions stabilize.

    Meanwhile, attention is shifting toward coins ready to rally outside the traditional large-cap spotlight. Among emerging narratives, DeepSnitch AI is beginning to stand out as one of the most closely watched breakout crypto projects, with early traction pushing it toward a $1.5M valuation and fueling speculation that it could become the next big cryptocurrency to surprise the market.

    Tether’s USDT market cap surges to new all-time high as stablecoin rivals lose momentum

    Tether’s flagship stablecoin, USDt, continued to strengthen its position in the digital asset market during the final quarter of 2025, reaching an unprecedented valuation despite broader market weakness.

    While much of the crypto sector struggled in the aftermath of October’s widespread liquidation event last year, capital steadily flowed into USDT, pushing its total market capitalization to $187.3 billion by the end of Q4.

    According to Tether’s latest quarterly disclosure, USDT added approximately $12.4 billion in market value over the three month period, showing growing demand for dollar-backed liquidity during periods of heightened volatility.

    Next crypto to explode: DeepSnitch AI targets $1.5m milestone as traders anticipate 300x rally

    DeepSnitch AI is rapidly approaching the $1.5 million mark as late-stage buyers position themselves for what many believe could be a 300x post launch move. With the presale now in stage 5 and momentum building into the final stretch, traders are already calling it the next crypto to explode.

    Unlike most early-stage AI tokens, DeepSnitch AI already gives holders something tangible to work with. It’s a live, AI-powered trading intelligence platform built to enlighten traders and equip them with enough knowledge to withstand volatile markets. Four AI agents are already operational, including SnitchFeed, SnitchScan, SnitchGPT, and AuditSnitch, all operating in a single dashboard.

    One of the agents, SnitchFeed, tracks real-time blockchain movement, social acceleration, and momentum shifts to deliver early alerts before they become mainstream. Instead of reacting late, traders get signals while opportunities are still forming. This feature is one of the main reasons it keeps coming up in conversations about the next crypto to explode.

    Aside from its features, DeepSnitch AI has already recorded impressive numbers in its presale stage. The token is currently priced at $0.03830, up more than 150% from its $0.01510 starting price. Furthermore, the recently announced launch delay serves as a tactical decision to benefit holders. Instead of rushing to market, the team is giving holders extended access to live tools, creating a gap in knowledge and experience that outsiders won’t be able to replicate later.

    For traders and investors scanning for the next crypto to explode, DeepSnitch AI stands out for obvious reasons. With its presale momentum only growing, this is the best time to join the project.

    https://youtu.be/PbMZo6oKFZU

    SOL drops further below $100 as the altcoin market faces bearish pressure

    Solana has extended its losses over the past week, falling from $122 on January 30 to $80 by February 6, a sharp 30% decline that pushed the token decisively below the $100 level. The move comes as bearish pressure grips the altcoin market, with traders reducing exposure to high volatility assets amid ongoing uncertainty.

    That said, not all signals are pointing lower. Crypto analyst AliCharts recently noted that the TD Sequential indicator has flashed a buy signal on Solana, suggesting selling pressure may be weakening.

    BNB traders set new target at $700 following 25% weekly decline

    BNB has come under significant pressure over the past week, sliding from $889 on January 30 to $630 by February 6, a drop of around 25%. Data shows BNB has dipped below critical psychological levels and is testing resistance near the $700 area, as traders search for the next crypto to explode.

    Despite this pullback, BNB’s fundamentals, such as ongoing ecosystem activity on BNB Chain, have not evaporated, and some analysts still anticipate a rebound toward the mid $900s if sentiment improves.

    Conclusion

    As capital continues to rotate defensively into stablecoins amid market volatility, traders are now focused on huge growth opportunities with real utility. The search for the next crypto to explode is now moving toward early-stage platforms like DeepSnitch AI, which presents live tools, rising demand, and impressive bonuses for holders.

    Usually, a $5,000 purchase at the current $0.03830 price yields 130,500 DSNT. Using a 50% bonus code like DSNTVIP50, that allocation increases to around 195,750 tokens.

    With the presale in Stage 5 and full market launch still ahead, DeepSnitch AI continues to stand out as a strong candidate for the next crypto to explode.

    Visit the official website for priority access and check out X and Telegram for their latest community updates.

    FAQs

    What token is being considered as the next crypto to explode?

    Several tokens are being discussed, but DeepSnitch AI stands out because it already offers live trading intelligence tools while still being in its presale phase. This combination of early access and real utility is why many traders see DeepSnitch AI as a stronger contender.

    Can BNB reach $1000?

    BNB could revisit the $1,000 level if the market conditions improve and bullish momentum returns. This uncertainty is why some investors are shifting attention to DeepSnitch AI, whose lower entry price and utility-driven model offer significantly higher growth potential.

    Why is DeepSnitch AI being considered as the next crypto to explode above others?

    DeepSnitch AI is being singled out because it delivers live AI agents, like SnitchFeed and AuditSnitch, before launch, giving holders a practical edge while the market waits.

    Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

  • Pressstonic Engineering Secures Rs115 Cr Mumbai Metro Contract from Titagarh Rail Systems

    Pressstonic Engineering Secures Rs115 Cr Mumbai Metro Contract from Titagarh Rail Systems

    Mumbai (Maharashtra) [India], February 07: Pressstonic Engineering Limited has secured a major contract worth 115.09 crore from Titagarh Rail Systems Limited for the Mumbai Metro project, marking a significant milestone in the company’s growing presence in India’s urban rail infrastructure segment.

    The order has been awarded for the design, manufacture, supply, installation, testing, and commissioning of saloon interior parts for 240 metro cars, to be deployed on Mumbai Metro Lines 5 and 6, according to a regulatory disclosure filed with the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    The tentative execution timeline for the project is scheduled from May 2026 to November 2028, providing long-term revenue visibility and strengthening Pressstonic’s order book over the next three financial years.

    Strengthening Order Book and Market Position

    The contract is expected to materially enhance Pressstonic Engineering’s order backlog and reinforce its positioning as a key supplier of specialized components for large-scale rail and metro projects. The company stated that the order aligns with its ongoing operations and capabilities in delivering high-quality engineered solutions to leading original equipment manufacturers (OEMs) in the global rail segment.

    Industry analysts note that sustained investments in metro rail networks across Indian cities are creating strong demand for domestic engineering and manufacturing players with proven execution capabilities.

    Expanding Footprint in Urban Rail Infrastructure

    Titagarh Rail Systems, a leading player in rolling stock manufacturing, has been actively involved in multiple metro and rail projects across India. The latest contract underscores Pressstonic Engineering’s growing role within the metro supply chain, particularly in interior systems critical to passenger safety, comfort, and durability.

    The company confirmed that the order has been awarded in the normal course of business and does not involve any related-party transactions.

    With India accelerating investments in mass rapid transit systems, the contract positions Pressstonic Engineering to benefit from long-term infrastructure-led growth while enhancing its credibility with marquee rail OEMs.

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  • EU Chambers Tourism Conclave in Mumbai: Vijayta Raheja Says India Leads Globally

    EU Chambers Tourism Conclave in Mumbai: Vijayta Raheja Says India Leads Globally

    Mumbai (Maharashtra) [India], February 07: A panel discussion was convened by The Council of EU Chambers of Commerce in India at the Conclave to decode the impact of the EU-India Free Trade Agreement (FTA) on the Tourism & Hospitality Industry.

    The session was led and moderated by Vijayta Raheja (COO, K Raheja Group) and featured distinguished panellists:

    • Rajeev Kale, President & Country Head – Thomas Cook Ltd., a leading travel company that reported over ₹8,000 crore in revenue in FY25.
    • Anahita Avari, Head – South Asia, VFS Global.
    • Delna Jasoomoney, Vice President – Industry Sales, Indian Hotels Company Ltd. (IHCL), which operates iconic hotel chains including Taj, Selections, and ama stays.
    • Aparna Chaturvedi Basumallick, Country Head – Europamunda Vacations (EMV), part of the JTB Group, one of the world’s largest travel groups founded in Japan over 100 years ago.

    EU

    Delivering the opening note, Vijayta Raheja asserted that Tourism and Hospitality has evolved beyond a mere service sector to become a powerful corridor that enables global trade and fuels economies. She described the expanse of the interdependent ecosystem — from single hotel operators to global hospitality groups; from neighbourhood travel agents to digital platforms that orchestrate millions of journeys with a click. Vijayta highlighted the sector’s inclusivity, acknowledging that from pilots, porters and cruise captains to engineers who design and build railways, highways and airports; from the visa enablers and immigration desks that facilitate mobility up to the tour guides who bring culture and heritage to life – everyone is a part of the ecosystem of Tourism & Hospitality. “We are all an important part of this industry,” she affirmed, underscoring that every role is vital to the sector’s strength and its contribution to national prosperity.

    Adding to the discourse, Rajeev Kale noted that European countries remain perennial favourites for Indian travellers; he also mentioned the pioneering measures his company has introduced in response to volatile geopolitical conditions, including the rollout of insurance on bookings to give travellers greater ease and confidence.

    Anahita Avari reflected on VFS Global’s transformational impact on visa facilitation—moving the process away from time‑consuming consulate visits to a systematic, one‑roof model that applies industry best practices and significantly improves the traveller experience.

    Aparna Basumallick highlighted the role of artificial intelligence in resolving customer grievances more systematically and efficiently, ensuring faster redressal and improved satisfaction. Meanwhile, Delna from IHCL noted that with the new EU-India Free Trade Agreement, hotels are preparing for both inbound and outbound travel exchange, customizing their delivery to match the evolving requirements of the travel base.

    Midway through the discussion, Vijayta Raheja capturing the conclave’s tenor and India’s changing global perception stated: “Today, India is an equal. We are leading the way and leading the change. No longer can anyone call us a Third World Nation.” adding a note of Thanks to Hon. Prime Minister Mr. Modi for his progressive leadership. She also highlighted what the Union Budget for Fiscal Year 26-27 had for the industry and lauded the govt. for the reduction in TCS, steps taken to establish a National Institute of Tourism and the brilliance of the penetrative railway corridor planning that will connect the larger cities to the smaller cities and increase employment across the country; and open new avenues for the Tourism & Hospitality Industry.

    The conclave concluded with optimism for 2035 and Rajeev added that post pandemic people are looking forward to experiential travel and that is a trend to stay; Anahita said she was hopeful of great business across verticals.

    A Token of Appreciation was given by Mr Nikhil K Raheja (MD – KRG) to Mr. Rajeev Sharma – President EU Chambers, Mr Robin Bannerjee – Sr. VP – EU Chambers, Mr. Siladitya Sarangi – VP – EU Chambers, Dr Renu Shome – Director General EU Chambers, Ms Sheetal – ATOUT France & Mr Mandar Sharma and was attended by distinguished Guests including Mr Sudip Mullick from ELP, Ms. Sandrine Clarac – Group Director – Fairfest and Mr Sanjeev & Mr Swanand from KRG.

    The EU Chambers Tourism & Hospitality Conclave 2026 was held at the Jio World Convention Centre, Mumbai supported by the ongoing OTM (certified as the “Leading Travel Trade Show in India and Asia” in a study by NielsenIQ, commissioned by Fairfest Media). OTM hosts over 50,000 global trade visitors and 2,200+ exhibitors from 60+ countries, making it one of the most influential platforms for the travel industry.

    For more information, please visit LinkedIn: CLICK HERE

    YouTube Video Link: https://www.youtube.com/@VijaytaNikhilRaheja

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  • Adventure Andaman Strengthens Personalized Andaman Tour Services, Offers Major Ferry Savings, and Expands Flexible Travel for Families and Groups

    Adventure Andaman Strengthens Personalized Andaman Tour Services, Offers Major Ferry Savings, and Expands Flexible Travel for Families and Groups

    4.9-star rated local travel specialist delivers customized tours, real-time itinerary flexibility, and exclusive ferry ticket offers

    Port Blair (Andaman & Nicobar Islands) [India], February 07: Adventure Andaman, a locally operated travel agency based in the Andaman Islands, has reinforced its commitment to personalized, fully managed tour experiences by introducing exclusive savings on ferry ticket bookings and expanding services for families, couples, and group travelers.

    Adventure Andaman Strengthens Personalized Andaman Tour Services, Offers Major Ferry Savings, and Expands Flexible Travel for Families & Groups-PNN

    Unlike large online travel agencies and automated booking portals, the company emphasizes direct human coordination over fixed, pre-packaged itineraries. Each holiday is planned personally with its sales team, allowing travelers to customize hotels, ferries, transport, sightseeing, and entry tickets according to their preferences.

     

    Adventure Andaman Strengthens Personalized Andaman Tour Services, Offers Major Ferry Savings, and Expands Flexible Travel for Families & Groups-PNN

    This approach helps visitors avoid common travel challenges such as ferry seat shortages, scattered bookings, and last-minute coordination hassles — issues that are often difficult to resolve through purely digital platforms.

    A key differentiator for Adventure Andaman is its on-ground flexibility during the tour itself. While many large agencies follow rigid schedules, the company actively adjusts plans in real time based on guest comfort, weather conditions, or changing preferences. If travelers wish to modify sightseeing, swap activities, or update their itinerary mid-trip, the local operations team coordinates changes immediately — ensuring a smooth and stress-free experience.

    “Travel plans don’t always go exactly as scheduled, especially on islands,” said Murli, Founder of Adventure Andaman. “We stay available throughout the journey and adjust arrangements whenever guests need changes. That flexibility and personal care are what make holidays truly comfortable.”

    While holiday planning remains relationship-driven, Adventure Andaman has invested in technology where it delivers real value — particularly in ferry ticket bookings available at Andaman Ferry ticket booking. Through direct integrations and special promotions, customers can save ₹1,800 or more per ticket, with offers that significantly reduce overall travel costs.

    Group travel is now a renewed focus, with tailored options for corporate outings, student trips, extended families, and large friend groups, alongside a strong base of couples and family travelers.

     

    Adventure Andaman Strengthens Personalized Andaman Tour Services, Offers Major Ferry Savings, and Expands Flexible Travel for Families & Groups-PNN

    Customers exploring holiday options can view customizable tour offerings at Andaman tour Packages and general company information at https://adventureandaman.com.

    The agency has earned a 4.9-star customer rating across hundreds of reviews, with guests frequently praising punctual transfers, responsive coordination, and dedicated ground staff across Port Blair, Havelock, and Neil Island.

    Recent feedback highlights the company’s service-first approach:

    • “The tour was totally well managed… pick-up and drop were on time. I would recommend Adventure Andaman to all those visiting Andaman.” — Geeta Ajmani
    • “Everything was seamless from start to finish… absolutely fantastic experience.” — Jyotirmayee Behera
    • “Very enjoyable and smooth travel experience… perfectly planned and executed.” — Priyanka.

    With tourism in the islands steadily rising, Adventure Andaman aims to remain a trusted local partner that blends human expertise, real-time support, and selective technology to deliver dependable, hassle-free travel.

     

    Adventure Andaman Strengthens Personalized Andaman Tour Services, Offers Major Ferry Savings, and Expands Flexible Travel for Families & Groups-PNN

    About Adventure Andaman

    Adventure Andaman is a Port Blair–based travel agency specializing in customized Andaman tour packages that include hotels, ferries, transport, sightseeing, and activities. The company also offers discounted ferry ticket bookings through exclusive deals and is known for its 4.9-star customer rating and responsive on-ground team. Serving families, couples, and group travelers, Adventure Andaman provides flexible, end-to-end travel planning across the Andaman Islands.

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  • Kennametal India Sustains Growth Momentum with Strong Q2 FY26 Performance

    Kennametal India Sustains Growth Momentum with Strong Q2 FY26 Performance

    Bengaluru (Karnataka) [India], February 07: For the quarter ended December 31, 2025, Kennametal India Limited (KIL) posted revenues of₹3340 Mn, marking a growth of16.4%over₹2870Mnin the same period last year. Profit Before Tax stood at₹353 Mn(includes a one-time cost of ₹34 Mn due to implementation of new labour codes),up 9%from₹324 Mnin Q2 FY25.

    The quarter benefited from favorable macroeconomic conditions, with India’s continued economic strength providing tailwinds across key industrial sectors. Kennametal India’s diversified portfolio and customer-centric approach also enabled the company to capture share while maintaining operational discipline.

    “Our Q2 performance demonstrates our ability to capitalize on India’s economic growth while effectively managing the dynamic tungsten pricing environment,” said Vijaykrishnan Venkatesan, Managing Director, Kennametal India Limited. “Supported by volume growth and strategic pricing actions, our performance remained strong—especially within the Hard Metal segment.”

    As part of a long-term growth strategy, Kennametal India remains committed to advancing manufacturing excellence, expanding its market presence, and delivering value to shareholders.

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  • Hourly Stays Gain Ground as Platforms Like Brevistay Address Safety and Trust Concerns

    Hourly Stays Gain Ground as Platforms Like Brevistay Address Safety and Trust Concerns

    New Delhi [India], February 06:  As urban travel patterns evolve, short stays and hotels on an hourly basis are increasingly being adopted by travellers seeking flexibility, privacy and convenience. Platforms such as Brevistay, which offer rooms on an hourly basis, are seeing growing interest from users across metro cities, driven by both personal and professional requirements.

    However, with this growing adoption, users often have questions around safety, privacy, check-in policies and booking reliability. Addressing these concerns has become central to building trust in the hourly stay segment.

    Ensuring safety and privacy
    Brevistay follows a structured onboarding process for hotels listed on its platform. Properties undergo internal verification and quality checks before being made available for booking. Guests can select hotels based on location, room quality and listed amenities, ensuring informed decision-making. Privacy during the stay is respected as per hotel policies and local regulations.

    Handling check-in and operational challenges
    One of the most common concerns among users relates to check-in denial or additional payment demands despite a confirmed booking. In such cases, guests are advised to immediately contact customer support. Brevistay works to ensure the booking is honoured at the same property or arranges an alternative hotel of similar or better category within a nearby radius, covering any price difference.

    For last-minute operational issues, the platform follows a similar approach, offering resolution at the same hotel or relocating the guest to a nearby upgraded property at no extra cost, depending on guest preference.

    Age, identification and payment options
    Guests booking through Brevistay must be at least 18 years of age. Valid government-issued photo identification is mandatory at check-in, excluding PAN cards, with ID acceptance subject to local administrative norms.

    Payment flexibility is another factor driving adoption of short stays. Depending on the hotel’s policy, guests may either prepay online or opt for the “Pay at Hotel” option.Brevistay-PNN

    Refunds, cancellations and policies
    Cancellation and refund terms vary by hotel. While some properties allow free cancellation up to 24 hours before check-in, guests are advised to review individual hotel policies before confirming a booking.

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    No long-term rentals
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    Changing urban travel behaviour
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  • Standard Engineering Technology Limited Delivers Strong Q3 and 9M FY26 Performance

    Standard Engineering Technology Limited Delivers Strong Q3 and 9M FY26 Performance

    Hyderabad (Telangana) [India], February 05: Standard Engineering Technology Limited, formerly Standard Glass Lining Technology Limited, today announced its Q3 and Nine-Month FY26 results, marking a defining phase in the Company’s strategic evolution, financial growth, and long-term value creation journey.

    Financial Highlights:

    Key Highlights for 9M FY26 Financial Results

    • Total Income stood at Rs. 562 crore, registering a 23.6% YoY growth
    • EBITDA came in at Rs. 102 crore, up 11.9% YoY, with an EBITDA margin of 18.2%
    • Profit Before Tax (PBT) is Rs. 83 crore, reflecting a 15.9% YoY increase
    • Profit After Tax (PAT) is at Rs. 62 crore, up 18.8% YoY, with a PAT margin of 11.0%

    Key Highlights for Q3 FY26 Financial Results

    • Total Income stood at Rs.196 crore, registering a 37.1% YoY growth
    • EBITDA came in at Rs. 34 crore, upby17.0% YoY, with an EBITDA margin of 17.1%
    • Profit Before Tax (PBT) is Rs. 27 crore, up by22.7% YoY
    • Profit After Tax (PAT) is at Rs. 20 crore,up by28.3% YoY, with a PAT margin of 10.4%

    Mr. Nageswara Rao Kandula, Managing Director, said: “Q3 and 9M FY26 mark a defining phase for our Company. We have successfully transformed into an integrated engineering platform while continuing to scale our core glass-lining business at a strong pace.

    With leadership in glass-lined technologies, breakthrough innovations such as conductivity glass-lined reactors, strong traction in shell-and-tube heat exchangers, and expanding turnkey engineering capabilities, Standard Engineering Technology Limited is well positioned for sustainable, long-term value creation.

    Our focus remains on execution excellence, technological leadership, and consistent value creation for our shareholders.”

    Q3 FY26 represents a milestone quarter for the Company. During the quarter, we formally completed the change of our corporate name to Standard Engineering Technology Limited.

    This change is strategic, deliberate, and forward-looking.

    Let me clearly state for our investors:

    • Glass lining remains central to our business and growth
    • It continues to be one of our strongest and fastest-growing verticals
    • The name change reflects an expansion of capability and ambition, not a dilution of focus

    Over the last few years, the Company has evolved from a product-centric organization into a high-precision, integrated engineering platform—capable of delivering complex, multi-disciplinary projects with single-point responsibility from concept to commissioning.
    Our new name simply aligns our identity with this reality.

    During Q3, we completed critical strategic initiatives that place the Company on a structurally stronger footing for the next decade:

    • Acquisition of Scigenics (India) Private Limited, strengthening our position in bioprocess and fermentation systems
    • Acquisition of a majority stake in C2C Engineering Private Limited, now Standard C2C Engineering Private Limited, bringing process, mechanical, civil, HVAC, electrical, instrumentation, and automation engineering fully in-house

    With these integrations, SETL today operates as a true concept-to-commissioning engineering solutions provider, significantly expanding:

    • Our addressable market
    • Project scale capability
    • Long-term revenue visibility

    Glass lining continues to deliver strong growth and innovation leadership.

    • Our shell-and-tube glass-lined heat exchangers, developed with Japanese technology partner GL Hakko, have seen exceptional market acceptance
      • Over 200 units currently in order book
      • 100 units already delivered successfully
    • These products are increasingly replacing graphite and alloy alternatives due to superior safety, lifecycle performance, and reliability

    One of the most important value-creation drivers ahead is conductivity glass-lined reactors.

    • Multiple reactors have already been manufactured, supplied, and executed successfully
    • Customer validation has been extremely positive, particularly from regulated pharmaceutical applications

    Based on this success:

    • April 2027 onwards, we will officially launch conductivity glass-lined reactors in India and global markets
    • Our international partner IPP has expressed strong interest in selling a majority of these reactors globally

    We believe this technology has the potential to set new global benchmarks in plant safety, creating a long-term, high-margin growth engine for the Company.

    The Union Budget 2026, with nearly a 10% increase in allocation to the Department of Health and Family Welfare, reinforces long-term investment momentum across:

    • Pharmaceuticals
    • Biotechnology
    • Advanced manufacturing

    For SETL, with integrated engineering and turnkey execution capabilities, this creates sustained demand visibility across greenfield and brownfield projects.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.