Category: Business

Gandhinagar (Gujarat) [India], November 17: Trom Industries Limited (NSE- TROM | INE0SYV01018), a trusted solar EPC company, delivers clean, reliable, and cost-effective energy solutions across residential, commercial, and industrial projects. It has announced its Unaudited financial results for H1 FY26.

H1 FY26 Key Financial Highlights

• Total Income of ₹ 40.73 Cr, YoY decline of 12.01%
• EBITDA of ₹ 6.98 Cr, YoY growth of 16.25%
• EBITDA Margin of 17.13%, YoY growth of 416 Bps
• Net Profit of ₹ 4.39 Cr, YoY growth of 6.14%
• Net Profit Margin (%) of 10.77%, YoY growth of 184 Bps

Commenting on the performance, Mr. Jignesh Patel, Managing Director of Trom Industries Limited said: “We are pleased with the strong improvement in our profitability and margins this half-year, which reflects better project mix, disciplined execution, and growing confidence from our customers. Even with a temporary moderation in revenue, the underlying business fundamentals remain solid, supported by healthy traction across institutional and government segments.

With multiple new EPC wins and a steadily expanding order pipeline, we enter the second half with better visibility and renewed momentum. The renewable sector continues to benefit from supportive policies and rising adoption, creating a favourable environment for our growth. We remain optimistic about the opportunities ahead and focused on delivering execution excellence as these projects transition into the implementation phase in the coming quarters.” 

Key Recent Business Updates

• Secured new domestic EPC orders across institutional and government segments.
• Won a grid-interactive SPV project from a leading steel manufacturer.
• Received multiple Rooftop solar orders from GEDA, including a 10-year maintenance scope.
• Strengthened visibility with three separate GEDA orders for FY25–26.
• Added a 1,500-kW rooftop solar project from a reputed university, expanding presence in the institutional segment.

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Kashipur (Uttarakhand) [India], November 17: KVS Castings Limited (BSE SME: KVSCASTING | INE163701019), a leading manufacturer of high-quality ferrous castings specialising in Cast Iron and Ductile Iron components, has announced its unaudited financial results for H1 FY26.

 H1 FY26 Key Financial Highlights

Particulars (₹ In Lakhs)	H1 FY26	H1 FY25	YoY Change
Revenue from Operations	2,390.61	2,317.15	3.17%
EBITDA	549.21	389.53	40.99%
EBITDA Margin	22.97%	16.81%	616.29 BPS
PAT	369.42	259.20	42.52%
PAT Margin	15.45%	11.19%	426.68 BPS
EPS (₹)	2.68	1.88	42.55%

H1 FY26 Key Highlights

• Railway Sector: Expanding into railway modernisation with precision-engineered wagon components and structural steel solutions.
• Defence Sector: Advancing defence indigenisation through the manufacture of 81mm artillery shells, strengthening India’s self-reliance.
• Enhancing Production Capacity & Automation: Upgrading Unit-02 facility with advanced machinery to automate operations and boost monthly production capacity from 600 to 1,000 metric tons while ensuring efficiency and quality.
• Technological Integration in Casting Processes: Adopting advanced casting technologies, including CAD/CAM/CAE tools and CNC/VMC machines, to enhance precision and reduce manual intervention.
• Expanding OEM Partnerships: Strengthening existing collaborations and forging new partnerships across automotive, railway, tractor, and defence sectors to accelerate growth.

Commenting on the company’s performance in H1 FY26, Mr. Arpan Jindal, Managing Director of KVS Castings Limited, said, “We are pleased to report a strong half-year performance in FY26, driven by consistent execution, operational discipline, and our customer-centric approach.

During H1 FY26, our consolidated revenue stood at ₹2,390.61 lakhs. Our EBITDA rose 40.99% YoY to ₹549.21 lakhs, with margins expanding to 22.97%, underscoring improved operating leverage and cost efficiencies. PAT increased by 42.52% YoY to ₹369.42 lakhs, translating into a PAT margin of 15.45%, supported by an enhanced project mix and improved manufacturing efficiency.

We are now advancing into our next growth phase with the planned upgrade of Unit-02 to enhance capacity, automation, and precision through advanced casting technologies. Our strategic entry into the railway and defence sectors marks an important step toward diversification and aligns with India’s self-reliance vision.

The net proceeds from our IPO will be deployed toward capital expenditure and general corporate purposes, further strengthening our operational capabilities. We remain focused on driving sustainable growth through innovation, efficiency, and deeper partnerships with OEMs across key industries.”

 About KVS Castings Limited

KVS Castings Limited, the Foundry Division of the KVS Premier Group, is a leading manufacturer of high-quality ferrous castings, specializing in Cast Iron and Ductile Iron components. The Company offers comprehensive, end-to-end casting solutions under one roof from design to finished products, serving a diverse range of industries, including automobiles, railways, heavy machinery, energy, infrastructure, and agricultural equipment.

With a robust product portfolio of over 150 precision-engineered components such as suspension brackets, brake drums, gearbox housings, pump bodies, and oil filters, KVS Castings is recognized for its commitment to quality and innovation. The Company is accredited with IATF 16949:2016 and ISO 9001:2015 certifications and is approved by RDSO (Research Designs and Standards Organisation, Ministry of Railways).

Driven by engineering excellence, advanced manufacturing capabilities, and strong customer partnerships, KVS Castings continues to strengthen its position as a trusted casting solutions provider across domestic and international markets.

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Chennai (Tamil Nadu) [India], November 17:  Thaai Casting Limited (NSE Emerge: TCL | INE0QJL01014), specialising in High Pressure Die Casting (HPDC), Induction Hardening and Gas Nitriding, Precision Machining of Ferrous and Non-Ferrous Materials, Gear Shaping, and Heavy Machining, has announced its unaudited financial results for H1 FY26.

Standalone Key Financial Highlights

Particulars (₹ In Crore)	H1 FY26	H1 FY25	YoYChange
Revenue from Operations	52.01	47.76	8.89%
EBITDA	12.67	12.53	1.16%
EBITDA Margin (%)	24.37%	26.23%	(186.03 BPS)
Net Profit	4.86	5.37	(9.56%)
Net Profit Margin (%)	9.34%	11.24%	(190.38 BPS)
EPS (₹)	2.08	2.32	(10.34%)

Consolidated Key Financial Highlights

Particulars (₹ In Crore)	H1 FY26	H1 FY25	YoYChange
Revenue from Operations	62.25	53.46	16.43%
EBITDA	16.33	14.50	12.59%
EBITDA Margin (%)	26.23%	27.12%	(89.53 BPS)
Net Profit	6.18	5.37	14.93%
Net Profit Margin (%)	9.92%	10.05%	(12.95 BPS)
EPS (₹)	2.65	2.32	14.22%

Precision That Powers Progress

From vehicles on the road to machinery that drives industries, every component crafted at Thaai Casting reflects precision, innovation, and trust. The first half of FY26 continued to showcase this commitment — with new long-term contracts, capacity optimization, and diversification across critical manufacturing sectors.

During the period, the Company secured two major domestic orders:

• ₹126.53 crore for the supply of various automotive and non-automotive components, to be executed over the next 60–80 months, and
• ₹12.43 crore for building and construction hardware components, to be executed over the next 36–48 months.

These orders enhance Thaai Casting’s visibility and underline its reliability as a trusted precision engineering partner to leading OEMs and Tier-1 suppliers.

Strategic and Financial Highlights

• H1 FY26 saw consistent operations with strong utilization of ~75–80% across casting and machining capacities.
• The Company continues to strengthen its core verticals — High Pressure Die Casting (HPDC), Precision Machining (Ferrous & Non-Ferrous), Induction Hardening, and Gas Nitriding.
• Thaai Casting’s focus remains largely domestic, with exports planned to begin next year.
• Capex continues to be strategically deployed to enhance automation, expand machining capacity, and strengthen backward integration.

Foundation for Future Growth

In September 2025, the Board of Directors approved the allotment of securities on a preferential basis as part of the Company’s growth and capacity expansion plan:

• Equity Shares: Allotted 12,11,837 Equity Shares, raising ₹12,23,95,537.
• Convertible Warrants: Issued 15,00,000 Convertible Equity Share Warrants at ₹101 per warrant. The Company received ₹3.78 crore in the first tranche (25% of the total issue price), with the balance payable upon conversion within 18 months.
• Compulsorily Convertible Debentures (CCDs): Allotted 15,30,963 Unsecured 12% CCDs, raising ₹15,46,27,263, each convertible into one equity shares within 18 months from allotment.
• Total proceeds raised: ₹31,48,97,800.
• This capital infusion strengthens TCL’s financial flexibility to support capacity expansion, technology upgrades, and automation-driven efficiency improvements.

Commenting on the performance, Mr. Anandan Sriramulu, Chairman and Managing Director of Thaai Casting Limited said “Every milestone we achieve is not just a business success—it’s a reflection of our purpose: to make Indian engineering globally respected for its precision, reliability, and strength. From our humble beginnings as a die-casting unit to becoming a diversified engineering solutions provider, our journey has been powered by trust, innovation, and perseverance.

For consolidated H1 FY26, our revenue was ₹62.25 crore, showing a 16.43% growth YoY. EBITDA increased 12.59% to ₹16.33 crore, and Net Profit rose 14.93% to ₹6.18 crore, reflecting steady operational performance and consistent profitability.

As we continue to grow across new applications and industries, our focus remains unwavering—creating components that power progress. The Company’s long-term strategy focuses on achieving sustainable growth, adopting Industry 4.0 automation, and progressively moving toward carbon-neutral operations through renewable energy integration.”

About Thaai Casting Limited

Established in 2011, Thaai Casting Limited has evolved from a specialized die-casting unit into a comprehensive engineering solutions partner. The company’s expertise spans High Pressure Die Casting (HPDC), Induction Hardening and Gas Nitriding, Precision Machining of Ferrous and Non-Ferrous Materials, Gear Shaping, and Heavy Machining — enabling it to deliver end-to-end solutions for diverse industrial requirements.

Its portfolio includes engine and transmission parts, EV battery enclosures, steering assemblies, planetary gears, and windmill gearbox components — all mission-critical and performance-driven. Thaai Casting is certified under ISO/IATF 16949:2016 and multiple global standards, ensuring the delivery of high-quality, reliable components for the automotive and renewable energy sectors.

The company operates a state-of-the-art facility in Tamil Nadu, equipped with advanced CNC and VMC machining systems, SCADA-enabled processes, and one of India’s largest gas nitriding furnaces. Trusted by leading OEMs and Tier-1 suppliers such as Hyundai, Kia, Maruti Suzuki, and Tata Motors, Thaai Casting is recognized as a preferred partner in precision manufacturing.

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

New Delhi [India], November 17: Globe Civil Projects Limited (NSE: GLOBECIVIL / BSE: 544424), an integrated EPC company with over two decades of experience in delivering large-scale institutional, public infrastructure and commercial development projects, announced its Unaudited Financial Results for the Quarter and Half Year ended September 30, 2025.

Key Consolidated Financial Highlights – Q2 & H1 FY2025-26  (In ₹ Mn)

Particulars	Q2 FY26	Q1 FY25	QoQ Growth
Total Income (₹ Mn)	947.81	676.98	40.01%
EBITDA (₹ Mn)	139.90	118.81	17.75%
Net Profit (₹ Mn)	59.75	50.50	18.32%

H1 FY26

• Total Income of ₹1,624.79 Mn

• EBITDA stood at ₹258.71 Mn, with an EBITDA margin of 15.92%.

• Net Profit for the period was ₹110.25 Mn, translating into a Net Profit Margin of 6.79%.

• EPS of ₹2.13

Operational & Business Highlights – Q2 & H1 FY26

• Continued strong execution across 13 ongoing projects spanning education, healthcare, sport infrastructure, commercial and station redevelopment.

• Order book remains above ₹1,000 crore, providing multi-year revenue visibility.

• Secured major new EPC orders aggregating ~₹450 crore, including:

o ₹193.13 Cr – Central University of Punjab (NBCC)

o ₹222.20 Cr – Haryana International Cricket Stadium, Jhajjar

o ₹13.11 Cr – Sports Complex at NIT Delhi (TCIL)

o ₹70.92 Cr – Kotak School of Sustainability, IIT Kanpur (L1)

• Retained its CPWD Class-I Super Contractor status, enabling bidding for projects up to ₹650 crore independently.

• Strengthened footprint across 11 states with growing institutional and government clientele.

Mr. Vipul Khurana, Managing Director, Globe Civil Projects Limited, said:

“Our performance this quarter reflects the strength of our EPC model and our ability to execute complex, multi-year government projects across diverse geographies. The sustained traction in institutional, education, and public infrastructure projects continues to reinforce our position as a trusted execution partner for CPWD, NBCC, RLDA, IITs, NITs and state agencies.

With a disciplined bidding approach and a clear emphasis on high-margin, fully funded government contracts, we are prioritizing quality execution, timely delivery and operational efficiency across all sites. The new orders secured during the period deepen our presence in fast-growing institutional infrastructure segments and further strengthen our order book visibility.

Our strategy remains focused on scaling up execution capabilities, enhancing pre-qualification strengths, and leveraging our in-house engineering, MEP and HVAC teams to deliver technically demanding projects. With a healthy order book, strong client relationships and a proven execution track record across 11 states, Globe Civil is well positioned to drive consistent and sustainable growth going forward.”

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Chennai (Tamil Nadu) [India], November 17: Phantom Digital Effects Limited (NSE: PHANTOMFX), has kicked off H1 FY26 on a strong note, posting exceptional growth in both revenue and profitability in its H1 FY26 results. The company is one of the leading creative visual effects (VFX) studio specializing in Film, Web series, and Commercial projects.

Key Financial Highlights (Consolidated)

Particulars (₹ In Lakhs)	H1 FY26	H1 FY25	YoY Change
Total Income	8,829.50	3,665.12	140.91%
EBITDA	2,862.27	1,631.96	75.39%
PAT	2,068.55	827.45	149.99%
PAT Margin	23.43%	22.58%	85.14%
EPS (₹)	13.87	6.09	127.75%

Key Points:

• Revenue growth supported by steady project flow across domestic and international markets.
• Strong margins driven by improved production efficiency and operating leverage.
• Visibility for H2 strengthened by confirmed project deliveries and active pipelines.

Financial Highlights, Strategic Highlights & Corporate Updates

Business Highlights:

• Consolidated order book across all subsidiaries stands at ₹201.32 crore as of 31 October 2025, with projects spanning India, North America, Europe, and Asia.
• With Tippett Studios’ financials consolidated from July 2025 and Milk Visual Effects (including Lola Post) consolidated effective October 2025, the group’s global financial and operational visibility continues to strengthen.
• Sustained growth across domestic and OTT assignments, supported by multiple subsidiaries contributing to the delivery pipeline.
• Strong client engagement with repeat work from major studios and streaming platforms, demonstrating consistent performance and global credibility.

Inorganic Growth / Acquisition Update:

• Acquisition of Milk Visual Effects Limited (UK), including Lola Post Production Limited, strengthens PhantomFX’s presence in Hollywood and European markets and expands its high-end VFX capabilities.
• Tippett Studios and Hangzhou Huangtong Technology Pvt Ltd continue to contribute significantly to global project deliveries.
• PhantomFX has formally consolidated all its creative studios under the newly registered brand umbrella – Phantom Media Group (PMG), creating a unified global platform for operations.

Project Delivery Highlights:

• Delivered a range of significant domestic and international projects, including Kantara 2 (Hombale Films), War 2 (YRF Films), Thandel & Saare Jahan Se Accha (Netflix), Coolie (Sun Pictures), Fengshen 2 – Creation of the Gods II: Demon Force, Marvel’s Ironheart, Alien: Romulus (Disney+), and Star Wars: Skeleton Crew (Disney+), alongside a broader slate of ongoing and recently completed assignments.
• The upcoming pipeline features projects for Walt Disney, Amazon Studios, BBC, Netflix, Prime Video, Lucasfilm, ITV Studios, as well as on domestic front S.S. Rajamouli’s upcoming film and several other high-profile Indian productions, thus supporting sustained growth across both domestic and international markets.

Collections & Receivables:

• Receivables as of September 2025 (consolidated): ₹79.02 crore

Realisations during the period of October–November: ₹13.93 crore, reducing the outstanding balance.

• Strong collections reflect disciplined billing cycles and healthy client relationships.

Outlook:

• Robust order book, global client visibility, and expanding operations support sustained growth.
• Integration of Milk, along with Tippett Studios and Hangzhou Huangtong Technology Pvt Ltd, strengthens international revenues.
• PMG consolidation enhances strategic alignment and long-term value creation

Formation of Phantom Media Group (PMG)

With these combined efforts, PhantomFX has unified Milk, Tippett Studio, Lola Post, PhantomFX, and Spectre Post into the integrated global brand PMG Group, delivering VFX, animation, and post-production services across North America, Europe, and APAC.

Speaking on the operational and strategic progress recorded in H1 FY26, Mr. Bejoy Arputharaj, Founder & Managing Director, stated, “As Phantom Digital Effects Limited continues to strengthen its presence across international markets, I am pleased to share our performance for the first half of FY26. This period marks a clear step-change in our financial and strategic trajectory, supported by disciplined execution and an expanding portfolio of high-impact creative mandates.

H1 FY26 delivered a strong uplift across all key performance indicators. Our consolidated Total Income rose to ₹8,829.50 lakhs, reflecting 140.91% year-on-year growth driven by sustained demand across North America, Europe, and APAC. This momentum translated into improved profitability, with EBITDA increasing 75.39% YoY to ₹2,862.27 lakhs and margins expanding to 32.42% on the back of stronger operating leverage. Profit After Tax grew 150% YoY to ₹2,068.55 lakhs, supported by an enhanced project mix and robust delivery across our facilities. Earnings per share reached ₹13.87 advancing 127.75% YoY and signalling our commitment to building consistent long-term value.

Beyond financial progress, this half year marks an important phase in our strategic evolution. The complete acquisition of Tippett Studio and the successful completion of the Milk VFX acquisition in accordance with the agreed transaction structure, with consideration payable on a deferred basis, significantly elevate our creative depth and give us stronger integration across key global content hubs. These developments form the backbone of our vision to build Phantom Media Group into a unified, innovation-led creative ecosystem with world-class capabilities.

Our geographical reach continues to strengthen with the establishment of Phantom China, opening new avenues in one of the fastest-growing entertainment markets. Additionally, Spectre Post is expanding our relevance among independent and regional creators, enabling us to serve a broader range of production scales and storytelling formats across India, APAC, and emerging markets.

Together, these achievements highlight PhantomFX’s transition into a more diversified, capability-rich, and internationally aligned organisation. As we move ahead, our focus remains on elevating client outcomes, advancing our technological edge, and contributing meaningfully to the evolving landscape of global visual effects.”

About Phantom Digital Effects Limited

PhantomFX is a full-service creative studio specializing in high-end Visual Effects (VFX) for film, television, commercials, and streaming platform. With four state-of-the-art facilities across India – Chennai, Mumbai, Hyderabad, and Bangalore, and a team of over 500+ highly skilled artists, PhantomFX is solidifying its global footprint with operational hubs in the USA, Canada, UK, China, and Dubai.

With TPN gold certification and a strong legacy of delivering end-to-end VFX solution, PhantomFX continues to expand its global presence through strategic growth initiatives. In a significant milestone, we acquired the Oscar-winning Tippet Studio, a renowned American VFX company based in Berkeley, San Francisco. This strategic expansion position us at the forefront of the global VFX industry, delivering world-class content to clients across the entertainment landscape.

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Hyderabad (Telangana) [India], November 17: WCommerce, a Hyderabad-based digital commerce platform, is enabling individuals and small businesses across India to start an online store with zero investment and zero stock. Anyone—from kirana shop owners to content creators to home-based entrepreneurs—can launch a store and earn 20–40% profit on every order without handling inventory or logistics.

WCommerce provides each user with a ready-made online store. Store owners can share their store link or QR code with customers, promote it on social media, or simply rely on repeat buyers. The company manages product sourcing, delivery, returns, and customer support, allowing sellers to focus only on promotion and earning.

WCommerce Co-founder & COO Sridhar Sriramaneni said the platform has already crossed 22,000 active online stores across India. “We have partnered with over 40 trusted brands and added more than 600 curated products across categories such as health, wellness, beauty, personal care, home essentials, and pet care. These brands are known for quality and strong product research,” he noted.

The platform is now attracting three major types of store owners:

• Kirana stores, who use WCommerce’s digital shelf to offer more products without stocking them.

• Content creators, who promote their own store in videos and earn significantly higher margins than traditional affiliate programs.

• Everyday entrepreneurs—students, homemakers, and working professionals—who want to run a side business without financial risk.

As part of its growth strategy, WCommerce has also enabled its catalog to appear on ONDC-enabled buyer apps, offering store owners an additional source of orders. This acts as a bonus channel, while the primary earnings continue to come from the seller’s own network of customers.

“At a time when people are searching for safe, low-risk income opportunities, WCommerce offers an accessible path to entrepreneurship for anyone,” Sridhar added

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Vadodara (Gujarat) [India], November 17: Swastika Castal Limited (BSE SME: 544452), a leading aluminium casting manufacturer serving power, electrical, textile, machine tool, heavy engineering industries, automotive, announced its Unaudited Financial Results for the half year ended September 30, 2025 (H1 FY26). The Company delivered healthy operational performance, supported by improved capacity utilization, strong customer relationships, and a growing industry demand environment.

Key Financial Highlights

Particulars (₹ In Lakhs)	H1 FY26	H1 FY25	YoY Change
Revenue from Operations	1,654.28	1,297.92	27.46%
EBITDA	262.22	180.71	45.11%
EBITDA Margin (%)	15.85%	13.92%	192.80 BPS
PAT	131.93	38.91	239.06%
PAT Margin (%)	7.98%	3.00%	497.72 BPS

Future Outlook

We remain focused on sustaining growth, enhancing capabilities, and building a stronger business foundation, with the following priorities guiding our outlook:

• Power sector demand to drive order book growth
• Capex becoming operational from Dec 2025 to boost capacity
• Improving margins through higher utilization and cost efficiency
• Expansion of high-end customer base across power, electricals and other industrial segments
• Strengthening export presence in the U.S. and Europe
• Continued discipline in cash flow and operational execution

Speaking on Swastika Castal’s solid first-half performance and the Company’s continued focus on engineering excellence, Mr. Varun Sharda, Managing Director, expressed:

“Every casting we produce carries within it our dedication to precision, innovation, and engineering excellence. The first half of FY26 has been an important milestone in our journey, as our operations continued to scale efficiently and our teams strengthened our commitment to delivering world-class aluminium casting solutions.

Revenue from Operations for H1 FY26 stood at ₹1,654.28 lakh, marking a 27.46% YoY growth, driven by improved production efficiency and a steady rise in customer demand across domestic and international markets. Our EBITDA increased by 45.11% YoY to ₹262.22 lakh, while PAT surged 239.06% YoY to ₹131.93 lakh, underscoring robust profitability and financial resilience. These results demonstrate our sharpened focus on quality engineering and sustainable process improvements.

In H1 FY26, we continued to serve several of our top clients while also onboarding new high-end customers in the power segment, further diversifying and enhancing our client portfolio. Demand from the power sector has remained strong, and we expect this momentum to significantly strengthen our order book in the coming quarters. The planned capex for production is expected to be put into active utilization from December 2025 onwards, supporting higher capacity and improved throughput across our operations.

From our beginnings in 1996 to becoming a trusted supplier of high-precision aluminium components across India, the United States, and Europe, our purpose has remained unchanged, to engineer castings that stand the test of time. Our state-of-the-art testing systems, advanced casting capabilities, and strong customer relationships form the backbone of our growth. Every component we manufacture, every shipment we dispatch, and every partnership we strengthen reinforces our belief that true success lies in consistency, reliability, and the pursuit of excellence.”

About Swastika Castal Limited

The Company operates a state-of-the-art manufacturing facility in Vadodara, Gujarat, equipped with advanced testing infrastructure including chemical, physical, and sand testing laboratories, along with helium leak detection capabilities. This robust quality ecosystem ensures that each component meets stringent technical and performance standards.

Swastika Castal serves a wide range of industries such as Power, Electricals, Textiles, Machine Tools, Heavy Engineering, Automotive supported by a portfolio of more than 100 manufactured components. Its strong export presence across the United States and Europe further underscores the Company’s global competitiveness and customer trust.

Driven by a commitment to sustainability and operational efficiency, the Company is transitioning to electric melting furnaces and adopting renewable energy solutions, reinforcing its focus on environmentally responsible manufacturing.

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Mumbai (Maharashtra) [India], November 17: Bright Outdoor Media Limited, one of India’s leading and most trusted Out-of-Home (OOH) advertising companies, today announced its financial results for the first half of FY2025–26 (H1 FY2026), delivering strong growth across revenue, profitability, and operational excellence.

During the period under review, the Company reported:
• Total Revenue: ₹ 63.31 crore (up 9.83% YoY)
• EBITDA: ₹ 14.98 crore (up 13.80% YoY)
• Net Profit: ₹ 10.08 crore (up 10.23% YoY)
• EBITDA Margin: 23.66%
• Net Profit Margin: 15.91%

This consistent upward trajectory has been fuelled by the expansion of digital LED billboard assets, rising demand from the real estate, entertainment, and FMCG sectors, and strategic tie-ups for major national and regional events.

Strengthening the Company’s growth story is its Zero-Debt status, a testament to Bright’s prudent financial management and long-term fiscal discipline. The Company also benefits from its robust real estate inventory and strong reserve of profit accumulation, further enhancing financial stability and enabling scalable expansion.

Speaking on the results, Dr. Yogesh Lakhani, CMD of Bright Outdoor Media Limited, said:
“Our H1 performance reflects the strength of our brand, our people, and our long-term vision. With consistent client trust and our strategic move toward digitization in outdoor advertising, Bright continues to redefine India’s OOH landscape. We are committed to sustainable growth while delivering excellence and value to all stakeholders.”

Bright continued to solidify its leadership position through high-impact event partnerships — becoming the Official Outdoor Media Partner for marquee properties such as ABP Network’s India @2047 Summit, Wow Awards, All Star Footy League, Filmfare, major Navratri Events, Aajivasan ACT Event, and several other prestigious events.

In H1, the Company added 12,000+ sq. ft. of new advertising inventory, taking its total footprint to 315,000 sq. ft. across 490 prime display units. Today, Bright operates over 50 large-format Digital LED Billboards in Mumbai, making it one of the city’s largest networks of big-size digital screens in the outdoor advertising landscape.

Bright’s portfolio was further strengthened through exclusive advertising rights and successful execution across marquee transit projects, including the Navi Mumbai Metro and Western Railways, enhancing its presence in high-engagement, high-impact zones.

Bright 360° Media Solutions: A Complete Brand Experience

“At Bright Outdoor Media Limited, our vision has always been to evolve with the industry and stay ahead of the curve. With the launch of Bright 360° Media Solutions, we’ve moved beyond conventional outdoor advertising to offer truly integrated brand experiences — blending OOH, digital, print, radio, PR, influencer campaigns, and on-ground activations into one powerful strategy.

Our first foray into events with the ‘Gujarati Entertainment & Gujarati–Marwari Excellence Awards 2025’ is just the beginning; we now have a full calendar of marquee events that will further deepen our engagement and open new revenue streams.

As we step into the second half of FY25-26, we remain strongly optimistic, backed by a robust pipeline of advertising projects, strategic partnerships, and the rapid evolution of India’s digital OOH ecosystem” said Mukesh Sharma, CEO of Bright Outdoor Media Limited on the results.

About Bright Outdoor Media Limited

Founded in 1980 and headquartered in Andheri, Mumbai, Bright Outdoor Media Limited is a leading name in India’s Out-Of-Home (OOH) advertising industry, with 45 years of expertise. The company operates an extensive network of more than 400 hoardings nationwide, including ownership of 50 of Mumbai’s 100+ digital LED billboards (Big Size).

Bright Outdoor Media also trades hoardings acquired from government Semi Government & private entities, further strengthening its market presence. The company offers a diverse range of advertising services, including Railway boards, Cinema slides, Full Train and Bus advertisements, Mobile sign trucks, Kiosks, Gantry, and Vinyl, catering to industries such as Entertainment, Construction, Education, and Government.

Bright has delivered impactful campaigns for over 2 lakh Movies, TV & OTT Serials, Events, Albums etc, over 50,000 Awards & Felicitations, and more than 5000 corporate clients.

Bright’s strategic ventures with top advertising companies and contracts across all major transit areas set it apart. It is also the first in the world to install solar panels on hoardings, supplying electricity to Indian Railways, along with a JV Partner, demonstrating its commitment to sustainability. Additionally, its real estate operations contribute to diversified revenue streams.

With innovative solutions, a broad client base, and a focus on sustainability, Bright Outdoor Media continues to lead the OOH advertising space. The company is the first ever outdoor media company in India to be listed on the stock exchange, debuting on the BSE SME platform on March 24, 2023.

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NACDAC Infrastructure Limited (BSE: 544313), a fast-growing civil construction and infrastructure development company, announced its Unaudited Financial Results for the Half Year ended September 30, 2025 (H1 FY26), as approved by the Board of Directors.

Key Financial Highlights – H1 FY2025-26 (₹ in Lakhs)

Particulars	H1 FY26	H1 FY25	% Chg
Total Income	2,384.05	741.91	221.34%
EBITDA	348.56	168.09	107.37%
Net Profit	206.67	81.47	153.68%
EPS (₹)	1.96	1.06	84.91%

Operational & Strategic Highlights (H1 FY26)

• Strong Project Execution:
  Delivered steady progress across multi-storey buildings, electrical (LT/HT), steel structures, and bridge projects.
  Strengthened execution efficiency through enhanced machinery and improved project management.
• Order Book & New Wins:
  Secured new government and private sector projects across railways, warehousing, and institutional infrastructure.
  Continued expansion across 6+ states, supported by a diversified and growing client base.
• Milestones & Capability Building:
  Completed 63 projects worth approx. ₹9,674.88 Lakhs to date.
  Achieved key certifications, reinforcing quality, safety, and environmental standards.

Mr. Hemant Sharma, Chairman & Managing Director, said:

“We delivered a strong performance in H1 FY26, supported by accelerated project execution and robust demand for civil and structural infrastructure solutions. The significant growth across Total Income, EBITDA, and Net Profit reflects our execution capabilities, expanding order book, and strong relationships with government departments and private clients.

In this period, we continued scaling our operational footprint with new project wins across railways, warehousing, residential buildings, and public infrastructure. Our strategic focus on strengthening machinery capacity, enhancing project management systems, and deepening our presence across multiple states has started yielding visible results.

With a healthy pipeline, expanding clientele, and growing credentials in large-scale infrastructure projects, we are well positioned to unlock the next phase of sustainable growth and create long-term value.”

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Kolkata (West Bengal) [India], November 17: Delta Autocorp Limited (NSE: DELTIC), an emerging player in the India’s electric mobility segment, announced that it has submitted its Standalone and Consolidated Unaudited Financial Results for the half year ended September 30, 2025. The results, along with the Limited Review Report, were approved by the Board of Directors.

Key Financial Highlights

Particulars	H1 FY2025-26	H1 FY2024-25	YoY Growth
Total Income	₹ 43.45 Crore	₹ 30.88 Crore	↑ 40.70 %
Profit Before Tax (PBT)	₹ 4.61 Crore	₹ 3.77 Crore	↑ 22.27 %
Profit After Tax (PAT)	₹ 3.46 Crore	₹ 2.86 Crore	↑ 20.89 %

Operational and Strategic Highlights

• Regulatory Approvals: Received approvals from leading testing agencies — NATRAX, Indore and ICAT, Manesar — for the new electric scooters Infinia and Trento Plus, strengthening product readiness, improving distributor integration, and enabling better access to retail financing channels.

• Government Orders Execution: Successfully executed the ongoing B2G order of 2,000 e-garbage carts and completed the repeat order of 402 units from the Assam Government, demonstrating exceptional delivery capabilities and operational reliability.

• R&D and Technology Advancements: Introduced upgraded lithium-based variants across both 2W and 3W categories, enhancing vehicle performance, durability, and safety.

• Expansion of COCO Network: Commissioned the third Company-Owned Company-Operated (CoCo) outlet in Dhanbad, following successful launches in Mihijam and Delhi, with strong and consistent retail traction across all locations.

• Digital Infrastructure Upgrade: Initiated the deployment of a globally trusted CRM and sales automation platform to improve scalability, streamline dealer processes, and enhance the overall customer lifecycle experience.

• Strengthening Human Capital: Progressed development of the new L5 passenger and cargo auto-rickshaw lineup under the leadership of a newly appointed industry veteran with over 35 years of domain expertise, reinforcing Deltic’s commitment to engineering excellence.

Mr. Ankit Agarwal, Founder, Chairman & Managing Director’s Comment: “The Company delivered a steady performance in H1 FY26 with revenue of ₹4213 lakhs and a PAT of ₹345.87 lakhs. Our margin profile remained stable, supported by disciplined cost management and operational rigor.

We successfully executed the Assam government tender which involved large-scale, meticulously coordinated operations. Leveraging a hub-and-spoke distribution model, the Company routed material through more than 150+ primary trucks to central hubs, followed by secondary distribution via an additional 500 smaller vehicles to every block-level destination. This model significantly improved delivery speed, cost efficiency, and coverage in remote regions of India.

In parallel, we have begun implementing one of the world’s most reliable sales automation platforms to bring greater transparency and predictability to dealer operations. These efforts are aimed at improving execution consistency and supporting scale as volumes increase. Our market approach is now guided by deeper data-driven insights across geography, use-case, and price sensitivity, enabling more targeted, performance-oriented sales and marketing strategies. This strengthens and scales the territorial-win strategy that has already proven effective in sales.

Further, to enhance execution depth, the Company continued to expand its organizational capabilities by recruiting experienced, and accountable professionals across key territories.

As we scale, our focus remains on disciplined cash management, tighter receivable cycles, and building a stronger, more resilient operating backbone.

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