Category: Business

  • Maiden Forgings Reports Total Income of INR 111 Crore in H1 FY26

    Maiden Forgings Reports Total Income of INR 111 Crore in H1 FY26

    Mumbai (Maharashtra) [India], November 15:  Maiden Forgings Limited (MFL) (BSE – 543874), one of the leading manufacturers of a wide range of Bright Steel bars and wires for the past 35 years, has announced its Unaudited Financial Results for the H1 FY26.

    H1 FY26 Key Financial Highlights

    • Total Income of ₹ 111.36 Cr
    • EBITDA of ₹ 6.74 Cr
    • EBITDA Margin (%) of 6.05%
    • PAT of ₹ 2.10 Cr
    • PAT Margin (%) of 1.88%
    • EPS of ₹ 1.48

    Commenting on the performance, Mr Nishant Garg, Managing Director of Maiden Forgings Limited, said,

    “We are pleased to share that MFL delivered a revenue of ₹ 111 Cr in H1 FY26, driven by sustained demand for our bright steel bars and wires, alongside a growing contribution from our value-added product portfolio. This performance underscores the success of our continuous efforts to optimise our product mix and expand our footprint across both domestic and international markets.

    Our growing engagement in the B2G and defence segments, coupled with the trust of our long-standing customers, has further strengthened our position as a reliable and quality-driven manufacturer. We remain confident of sustaining this positive momentum in the second half of the year, supported by our strong fundamentals, efficient execution, and commitment to creating long-term value for all stakeholders.”

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  • BOP.in Celebrates 20 Years of Building Trust, Growth, and Dreams

    BOP.in Celebrates 20 Years of Building Trust, Growth, and Dreams

    Gaurav Mavi, CO-founder, BOP.in celebrates 20 years of Journey on foundation day with Team BOP.in

    New Delhi [India], November 15: This year marks a defining moment for BOP.in i.e., two decades of shaping aspirations, nurturing relationships, and redefining how India experiences real estate. What began in 2006 as a small, passionate venture in Delhi-NCR has grown into India’s most trusted real estate experts, standing today as a symbol of integrity and reliability in an ever-evolving industry.

    For Co-founder Gaurav Mavi, the journey has always been personal. “When we started BOP.in, our goal wasn’t confined to selling homes. It was to build trust: one family, one investor, one project at a time.”

    “Twenty years later, that philosophy still drives every decision we make and BOP.in stands as the first real estate consultancy to contribute to such a wide range of sectors, spanning health, education, and more,” added Mr. Mavi.

    From a Modest Start to a National Presence

    Over the past two decades, BOP.in has grown from a handful of consultants to have its offices in different geographical locations, building a robust organisation and having over 3500 channel partners and a network of more than two lakh satisfied clients. From helping first-time buyers sail through Noida’s fast-growing sectors to guiding large-scale investments across Delhi, Gurgaon, Greater Noida, Mumbai, Pune, Bengaluru, Indore, Lucknow, Haridwar, Dehradun and other geographical locations, BOP.in has consistently served as a bridge between ambition and achievement.

    The company’s partnerships tell a story of credibility and scale. Collaborations with Gaurs Group, Godrej Properties, M3M, ATS, Group 108, Bhutani, Ekana and many more, have positioned BOP.in as the go-to consultant for some of India’s most successful residential and commercial developments. Beyond sales, it has played a key advisory role in shaping strategies, driving growth, and ensuring that every project delivers value to both developers and buyers.

    Innovation Through BOP Gold

    Innovation has also been central to BOP.in’s evolution. The launch of BOP Gold, a premium vertical designed exclusively for High Net-Worth Individuals (HNIs), marked a new chapter. Offering exclusive access to Grade A developers across India and Dubai, along with personalised investment portfolio management and a 24/7 concierge helpdesk, BOP Gold has redefined luxury property investment for discerning clients seeking a more tailored experience.

    Collaborations that Power Growth

    BOP.in’s contribution, however, extends beyond private real estate. Through its collaboration with the key development authorities such as the Haridwar Roorkee Development Authority (HRDA) in Uttrakhand to drive infrastructure progress and stimulate upcoming development projects, and

    the company has supported sustainable urban growth and regional development showcasing its broader vision of contributing to India’s infrastructural progress.

    A Future Defined by Expansion and Purpose

    As it celebrates 20th Anniversary, BOP.in stands at the threshold of a new phase. The company is preparing to expand its footprint into new territories of Uttarakhand, Telangana, Madhya Pradesh, Maharashtra, Karnataka alongside International locations like Gulf and Asian region through international Collaborations, bringing its legacy of trust and professionalism to emerging real estate hubs.

    Two decades on, BOP.in remains anchored in its founding values: transparency, dedication, and empathy. For its team, partners, and clients, this milestone isn’t confined to longevity. It’s about the promise of a future where buying or investing in property feels simpler, smarter, and more human. Because at the helm of every milestone, BOP.in has always believed: real estate is more about the lives built within the buildings that exist.

    For more information visit the website https://bop.in/

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  • Celebrating the Commencement of 32 Years of Service: Prime Cooperative Bank Ltd. Marks Foundation Day

    Celebrating the Commencement of 32 Years of Service: Prime Cooperative Bank Ltd. Marks Foundation Day

    Surat (Gujarat) [India], November 15: The Prime Cooperative Bank Ltd. (PCBL), a trusted pillar of South Gujarat’s financial landscape, celebrated its Foundation Day on November 14, 2025, marking the commencement of its 32nd year of distinguished service. From its inception, the bank has successfully blended the ethos of the cooperative movement with cutting-edge banking technology and has built more than three decades of trust, stability, and an unwavering commitment to the bank’s core philosophy: “Your Bank for You.”

    The journey of Prime Cooperative Bank began on November 14, 1994, under the stewardship of the banking veteran the Late Shri Gokul Bakshi, The vision was clear: to create a member-centric financial institution that drives inclusive growth across Gujarat. Right from its inaugural year, the bank set itself apart, consistently maintaining a good audit grade rating—a testament to its robust governance and ethical operations.

    The success story of PCBL is inextricably linked to its aggressive embrace of digital transformation, solidifying its identity as a “High-Tech Bank.” While retaining the personal touch of cooperative banking, the institution has pioneered the adoption of paperless services, Net Banking, Mobile Banking, and UPI integration. This focus on modernization has yielded exceptional financial results, positioning PCBL among the state’s top cooperative banks. As of the financial year 2024–25, the bank achieved a historic milestone, reporting a total business mix of more than ₹4,000 crore and maintaining a Net Non-Performing Asset (NPA) ratio of 0%, signaling pristine asset quality and effective risk management.

    With a network of 41 branches & 4 Offsite ATM’s spread across 11 districts and serving a loyal customer base exceeding 4,00,000, PCBL has continually demonstrated its ability to scale while remaining rooted in local community needs.In the preceding years, the bank garnered significant national recognition, including the prestigious SCOBA Pride Award for outstanding financial stability & has till now bagged more than 100 awards in its kitty. Furthermore, it secured top honors at the National Cooperative Banking Summit for excellence in Audit, LOS/LMS, and HR Transformation. These accolades validate PCBL’s legacy of innovation, which also includes the successful completion of seven (7) strategic mergers of sick and weak banks, absorbing their losses, thus relieving deposits of over 75000 small and medium sized depositors. over the years.

    As Prime Cooperative Bank Ltd. enters its 32nd year, it reaffirms its dedication to inclusive banking and strategic growth. A customer meet was organized on the foundation day where MD Adil Gandhi announced various banking service products like Loan Against Mutual Funds, Wealth management Services, Saving Bank account for Women & the Salaried. He also announced that Prime Bank is the first Cooperative bank in Gujarat & second pan India to get its own UPI Handler. The august gathering was welcomed by Chairman Shri Mahesh Desai who expressed his gratitude towards the customers and staff members for their whole hearted support during this 31 years of successful journey. The celebration on November 14, 2025, serves not just as a look back at the past, but as a renewed pledge to scale greater heights, foster economic empowerment, and continue being the trusted financial partner for the people of Gujarat.

  • Why Dr. Ranjit Jagtap and Ram Mangal Heart Foundation is a trusted name in Heart Care in Pune?

    Why Dr. Ranjit Jagtap and Ram Mangal Heart Foundation is a trusted name in Heart Care in Pune?

    Dr Ranjit Jagtap, a cardiac expert for over three decades, has performed thousands of life-saving surgeries. His precision, mentorship, and deep compassion make advanced heart care truly accessible.

    Pune (Maharashtra) [India], November 14: At a time when cardiovascular diseases are rapidly increasing in India, trust has become the most important factor for every heart patient seeking treatment. For thousands of families across Pune, Maharashtra, and beyond, one name has consistently stood out: Dr Ranjit Jagtap, a veteran cardiac surgeon whose vision extends beyond the operating theatre. Alongside him, the Ram Mangal Heart Foundation has been working tirelessly to ensure that quality heart care is not a privilege for the few but a right for everyone.

    Dr Ranjit Jagtap’s Legacy of Excellence in Cardiac Care

    For over three decades, Dr Ranjit Jagtap has been performing life-saving surgeries and mentoring young doctors in the field of cardiac sciences. Known for his precision and expertise, he has conducted thousands of procedures that have saved countless lives. But what sets him apart in the eyes of every heart patient is not just his technical mastery, but his compassion and commitment to accessibility.

    Based in Pune, Dr Jagtap noticed early in his career that many patients, particularly from rural and low-income backgrounds, could not afford advanced cardiac care. This reality inspired him to establish the Ram Mangal Heart Foundation, a charitable initiative aimed at bridging the gap between cutting-edge heart care and those who need it most.

    The Role of Ram Mangal Heart Foundation

    Founded with a humanitarian vision, the Ram Mangal Heart Foundation has become a trusted institution for both preventive and surgical heart care. The foundation organises regular health camps in Pune and rural Maharashtra, where early detection of cardiac issues can save lives. Many heart patients who would otherwise go undiagnosed are given timely medical attention through these efforts.

    The foundation also supports affordable surgeries and treatments for underprivileged patients. Partnering with local communities, NGOs, and medical experts ensures that no one is left behind due to financial challenges. Over the years, these initiatives have provided relief and renewed life to thousands of families.

    Why Heart Patients Place Their Trust Here

    The trust that patients place in Dr Ranjit Jagtap and the Ram Mangal Heart Foundation comes from more than successful surgeries. It stems from a culture of transparency, ethical practice, and genuine empathy.

    Heart patients often describe Dr Jagtap as a doctor who listens first, reassures second, and operates only when necessary. Families speak of the foundation’s team not as medical professionals alone but as partners in their healing journey. This emotional connection strengthens the bond of trust that is vital when dealing with something as sensitive as cardiac health.

    A Focus on Rural and Preventive Healthcare

    India’s rural population continues to face the biggest challenge in accessing timely heart care. A significant number of heart patients in villages are unable to travel to cities like Pune for treatment until it is too late. Recognising this, the Ram Mangal Heart Foundation has extended its services through mobile cardiac units and outreach programs.

    These initiatives bring screenings, consultations, and primary treatments directly to rural areas. For many patients, this early intervention prevents life-threatening complications. Beyond surgeries, the foundation emphasises preventive awareness, encouraging lifestyle changes, regular check-ups, and education about heart disease risk factors.

    Combining Compassion with Innovation

    In addition to community initiatives, Dr. Ranjit Jagtap has always believed in staying updated with the latest medical innovations. Under his guidance, the Ram Mangal Heart Foundation uses modern diagnostic tools, advanced surgical techniques, and patient-centric approaches that align with global standards. This blend of innovation and compassion ensures that every heart patient receives not only treatment but also long-term care and guidance.

    Stories That Inspire

    Behind every number lies a story of resilience. In Pune, countless families share testimonials about how their loved ones received a second chance at life due to timely intervention at the foundation. From young children born with congenital heart defects to elderly patients who feared surgery, each story highlights why people across Maharashtra hold deep trust in Dr Ranjit Jagtap and his team.

    For many heart patients, the foundation represents more than a medical facility; it is a beacon of hope.

    Looking Ahead

    As the number of heart patients in India continues to rise, the work of organisations like the Ram Mangal Heart Foundation becomes even more critical. Under the leadership of Dr Ranjit Jagtap, the foundation is expanding its reach, strengthening telemedicine services, and building partnerships to ensure sustainable and accessible cardiac care.

    The future vision is clear to make advanced heart care available to every patient, regardless of financial or geographical barriers.

    Conclusion

    The trust placed in Dr. Ranjit Jagtap and the Ram Mangal Heart Foundation is the result of years of dedication, consistent results, and a deep sense of social responsibility. For every heart patient, trust is not built in a day it comes from knowing that their doctor and the institution behind him genuinely care about their life and future.

    As Pune continues to emerge as a healthcare hub, the story of Dr Jagtap and his foundation serves as an inspiring example of how expertise combined with empathy can transform not only individual lives but entire communities.

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  • Rathi Steel And Power Limited Q2 FY26 Revenues Grows 28.39% & EBIDTA Grows 14.77% (YOY)

    Rathi Steel And Power Limited Q2 FY26 Revenues Grows 28.39% & EBIDTA Grows 14.77% (YOY)

    New Delhi [India], November 15: Rathi Steel And Power Limited (BSE –504903), one of the leading players in stainless steel long products and TMT bars, has announced its Unaudited Financial Results for Q2 FY26.

    Key Financial Highlights Q2

    • Total Income of ₹156.43 Cr, YoY growth of 28.39%
    • EBITDA* of ₹6.37 Cr, YoY growth of 14.77%
    • Net Profit** of ₹1.63 Cr, compared to ₹6.94 Cr in Q2 FY25
    • EBIDTA includes other income
    • Net profit for Q2FY25 includes an Exceptional item of Rs. 4.71 Crores

    Commenting on the financial performance, Mr Mahesh Pareek, Managing Director of Rathi Steel and Power Limited, said, “We reported consolidated revenue of ₹156.43 Cr and net profit of ₹1.63 Cr in Q2 FY26, reflecting stable operational performance amid steady demand from infrastructure/ construction and our B to B customers from the stainless steel Space. The quarter demonstrated continued strength in stainless steel products, supported by efficiency gains from integrated manufacturing and disciplined cost control. Alongside, there has been a steady ramping up of the recommenced TMT bars facility.

    The Indian steel industry maintained positive momentum during the quarter, with strong government infrastructure spending and steady housing demand driving domestic consumption. However, global uncertainties and rising imports have been affecting the steel sector. Rising use of stainless steel in construction, railways, and renewable projects continues to create structural opportunities for value-added products, and is also slowly negating the impact of an excessive domestic supply created mainly on account of a couple of companies acquired under IBC, operating in a similar space.

    We remain focused on increasing the growth momentum of TMT bars by creating value through manufacturing steel using the recycling / circular economy route, which we believe will have greater demand preference going forward. Alongside, we remain focused on improving capacity utilisation and enhancing margins through process optimisation/product mix improvement in the stainless steel space. With a robust balance sheet and a clear strategic roadmap, Rathi Steel and Power is well-positioned for sustainable growth in the coming quarters.”

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  • Praveg’s H1 FY26 Consolidated Total Income Up 28.94%

    Praveg’s H1 FY26 Consolidated Total Income Up 28.94%

    Ahmedabad (Gujarat) [India], November 15: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Unaudited Financial Results for the Q2 FY26.

    Key Financial Highlights

    Q2 FY26

    Consolidated

    • Total Income of ₹ 37.84 Cr against ₹ 35.58 Cr in Q2 FY25, up 5.98%.
    • EBITDA of ₹ 3.96 Cr against ₹ 10.58 Cr in Q2 FY25, down 62.62%.
    • Net Loss of ₹ 9.22 Cr against Net Profit of ₹ 1.40 Cr in Q2 FY25.
    • EPS of (3.70) against 0.55 in Q2 FY25.

    Standalone

    • Total Income of ₹ 26.67 Cr against ₹ 27.81 Cr in Q2 FY25, Down4.10%.
    • EBITDA of ₹ 0.41 Cr against ₹ 8.66 Cr in Q2 FY25, down 95.21%.
    • Net Loss of ₹ 10.13 Cr against Net Profit of ₹ 1.43 Cr in Q2 FY25.
    • EPS of (3.88) against 0.56 in Q2 FY25.
    • Net loss of ₹ 9.13 Cr after considering applicability of IND AS 116 “ROU on Lease Asset”.
    • Total Depreciation is ₹ 8.16 Cr for Q2 FY26

    H1 FY26

    Consolidated

    • Total Income of ₹ 77.71 Cr against ₹ 60.27 Cr in H1 FY25, up 28.94%.
    • EBITDA of ₹ 10.17 Cr against ₹ 18.21 Cr in H1 FY25, down 62.62%.
    • Net Loss of ₹ 14.97 Cr against Net Profit of ₹ 2.17 Cr in H1 FY25.
    • EPS of (6.05) against 0.85 in H1 FY25.

    Standalone

    • Total Income of ₹ 56.55 Cr against ₹ 52.49 Cr in H1 FY25, up7.73%.
    • EBITDA of ₹ 3.72 Cr against ₹ 16.29 Cr in H1 FY25, down 77.18%.
    • Net Loss of ₹ 16.71 Cr against Net Profit of ₹ 2.19 Cr in H1 FY25.
    • EPS of (6.39) against 0.86 in H1 FY25.
    • Net loss of ₹ 14.76 Cr after considering applicability of IND AS 116 “ROU on Lease Asset”.
    • Total Depreciation is ₹ 15.98 Cr for H1 FY26.

    Key Operation Highlights

    Key Highlights for Q2 FY26

    • Hospitality and Event segment’s Revenue contributed ₹ 26.29 Cr
    • Advertisement Segment Contributed ₹ 11.21 Cr
    • The company has a total of 825+ Rooms across 17 operational resorts and one hotel.
    • Letter of Award (LoA) dated August 2, 2025, from Deputy Conservator of Forest, Porbandar Forest Division, Porbandar, for Event Management Work for the Upcoming Hobble Chief Minister Event “World Lion Day 2025” at Timdi, Ta. Bhanvad, Dist. Devbhumi Dwarka, Gujarat, on 10th August, 2025.
    • Operations at Praveg Adalaj Theme Park – A Landmark Destination for Premium Events have officially commenced on September 25, 2025.

    Commenting on the results, Mr Vishnu Patel, Chairman, Praveg Limited, said:

    “H1 FY26 has demonstrated strong top-line momentum, with consolidated total income growing 28.94% to ₹77.71 crore, driven by the continued expansion of our hospitality portfolio and consistent performance in our events and advertising businesses. While margins were impacted due to higher operating costs at newly launched properties and four seasonal properties that remained closed during Q2 FY26 and initial ramp-up expenses related to recent expansions, these effects are temporary and inherent to the scale-up phase of new destinations. In addition, profitability was affected by the fixed lease commitments payable to the Government under the PPP model for our resorts, which continue even during periods of lower occupancy in non-season months and for seasonal properties that remained closed during Q2 FY26.

    With a portfolio of over 825 rooms across 17 operational resorts, along with one five-star hotel, we are well-positioned for sustained operational leverage. As occupancy levels mature and efficiencies normalise, we anticipate meaningful improvement in profitability metrics.

    The launch of new initiatives, most notably the Praveg Adalaj Theme Park, will further strengthen our growth trajectory. Our strategy remains firmly focused on disciplined expansion, operational excellence, and enhancing our eco-responsible luxury offerings. We remain confident in delivering sustainable long-term growth and creating enduring value for all stakeholders.”

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  • Exhibition ‘From Port to Pride’ Held as Part of New Mangalore Port Authority’s Golden Jubilee Celebrations

    Exhibition ‘From Port to Pride’ Held as Part of New Mangalore Port Authority’s Golden Jubilee Celebrations

    Mangalore (Karnataka) [India], November 15: As part of the Golden Jubilee celebrations of the New Mangalore Port Authority (NMPA), a special exhibition titled “From Port to Pride” was inaugurated by Dr A. V. Ramanna, Chairman, New Mangalore Port Authority, in the presence of Rev. Fr. Praveen Martis, SJ, Vice-Chancellor, St. Aloysius (Deemed to be) University, Mangalore.

    The exhibition told the story of Mangalore through three defining elements: the courage of Rani Abbakka II, the evolution of the New Mangalore Port, and a hundred years of cashew exports that have shaped the region’s identity and economy. Conceptualised as a narrative of Mangalore’s growth and spirit, “From Port to Pride” reflected how history, trade, and community together defined the city’s journey from a coastal harbour to a global maritime hub.

    A major attraction was the sand art installation by Mumbai-based artist Mr Rohit Patil, inspired by the design of the ₹50 commemorative coin released to mark 50 glorious years of NMPA.

    Speaking on the occasion, Dr A. V. Ramanna, Chairman, NMPA, said:

    “This exhibition beautifully captured the essence of Mangalore – its history, resilience, and progress. As we celebrated 50 years of the Port, we also celebrated the people and stories that made it possible from Rani Abbakka’s courage to the enterprise of our cashew workers. The journey from the first vessel in 1975 to today’s world-class port truly reflected Mangalore’s spirit of pride.”

    Rev. Fr. Praveen Martis, SJ, Vice-Chancellor, St. Aloysius (Deemed to be) University, added:

    “Mangalore’s story is one of inspiration where courage, commerce, and community come together. This exhibition was a wonderful initiative that not only honoured our past but also encouraged participation and creativity among people of all ages.”

    Mangalore Port

    The exhibition was hosted at Sahodaya Hall, St. Aloysius (Deemed to be) University Campus, Mangalore, and remained open to visitors on November 14th and 15th, from 9:00 a.m. to 6:00 p.m.

    As part of the celebrations, visitors also participated in an interactive community painting activity on the theme of the Port, which was open to people of all age groups, inviting everyone to express their connection to Mangalore through art.

    For more information, please visit their profile: www.instagram.com/newmngport

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  • JD Cables Limited Announces H1 FY26 Financial Results

    JD Cables Limited Announces H1 FY26 Financial Results

    Kolkata (West Bengal) [India], November 15: JD Cables Limited (BSE: 544524), one of theleading manufacturers of power cables, control cables, and aluminium conductors, 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 Cr)

    Particulars H1 FY26 H1 FY25 YoY Change
    Total Income 121.44 107.51 ↑ 12.95%
    EBITDA 19.24 15.34 ↑ 25.44%
    EBITDA Margin (%) 15.85% 14.27% ↑ 158 bps
    Net Profit 11.92 10.31 ↑ 15.67%
    Net Profit Margin (%) 9.82% 9.59% ↑ 23 bps

    Operational & Strategic Highlights (H1 FY26)

    • Robust Order Book: Maintains strong revenue visibility with an outstanding order book of ₹286.21 Cr as of September 30, 2025.
    • New Vendor Approvals: Secured vendor approvals from key state in Himachal Pradesh and Punjab.
    • Successful IPO Listing: Listed on the BSE SME platform on September 25, 2025, reflecting strong investor confidence.
    • Geographical Expansion: Strengthened presence across over 10 states, with growing traction in the Northeast, Bihar, Jharkhand, and West Bengal.

    Strategic Expansion Update:

    o Acquired new industrial facility at Dankuni, Hooghly from Star Battery Ltd for ₹10.45 Cr

    o Facility size: ~1,18,288 sq.ft. With ready industrial sheds – supporting immediate capacity expansion will significantly boost production capability, delivery timelines & operational flexibility

    o Placed ₹5.72 Cr machinery order for the Conductor Division to be installed at the new unit, enhancing efficiency and output

    Mr Piyush Garodia, Promoter & Director, commented:

    “We delivered a stable and consistent performance in H1 FY26, supported by healthy demand for our cables and conductors and a strong order book of over ₹286 crore. The company continues to deepen its presence across key regions, further strengthened by new vendor approvals from both HPSEB and PSPCL.

    A major highlight this period is our strategic expansion, marked by the acquisition of a new industrial facility at Dankuni, Hooghly, and additional machinery orders for our Conductor Division. This investment significantly enhances our manufacturing capacity, improves delivery timelines, and positions us to meet rising market demand more efficiently.

    With the successful completion of our IPO and listing on the BSE SME platform, we are entering the next phase of growth with strengthened financial flexibility. Backed by expanding capacity, widening SEB approvals, and growing geographic reach, we remain confident in accelerating scale and delivering long-term value.”

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  • Power & Instrumentation (Gujarat) Limited H1 FY26 Total Income Grew 38% & Net Profit Surged by 27%

    Power & Instrumentation (Gujarat) Limited H1 FY26 Total Income Grew 38% & Net Profit Surged by 27%

    Ahmedabad (Gujarat) [India], November 15: Power & Instrumentation (Gujarat) Limited, (NSE – PIGL, BSE – 543912), one of the leading players in the electrical contracting and equipment industry, has announced its Unaudited Financial Results for Q2 & H1 FY26.

    Key Consolidated Financial Highlights:

    H1 FY26

    • Total Income of ₹ 112.46 Cr, YoY growth of 37.57%
    • EBITDA of ₹ 11.52 Cr, YoY growth of 18.86%
    • Net Profit of ₹ 7.33 Cr, YoY growth of 27.29%
    • EPS of ₹ 4.16, YoY growth of 4.26%

    Q2 FY26

    • Total Income of ₹ 70.91 Cr, YoY growth of 27.20%
    • EBITDA of ₹ 7.24 Cr, YoY growth of 19.80%
    • Net Profit of ₹ 4.71 Cr, YoY growth of 21.11%
    • EPS of ₹ 2.66

    Commenting on the financial performance, Mr Padmaraj Padmnabhan Pillai, Managing Director, Power & Instrumentation (Gujarat) Limited, said, “We are pleased to report a good performance in Q2 & H1 FY26, reflecting the company’s focus on execution excellence, operational discipline, and sustained growth across key business segments. The quarter delivered healthy improvement in both revenue and profitability, supported by a strong order inflow and efficient project management.

    During the period, the company secured significant orders under government-led rural electrification schemes, further reinforcing its presence in critical national infrastructure initiatives. PIGL also progressed its strategic investment in Peaton Electrical Company Limited, which will enhance backward integration and create synergies in manufacturing and technology collaboration.

    Looking ahead, the company remains confident of leveraging India’s continued emphasis on power distribution modernisation and renewable energy expansion. With a strong order book, deep domain expertise, and a growing presence across power, infrastructure, and renewable segments, PIGL is well-positioned to sustain its growth trajectory and deliver long-term value to all stakeholders.”

    Key Operational Highlights

    Electrification Project from Ajmer Vidyut Vitran Nigam Limited Secured a ₹102.78 Cr (including GST) turnkey contract for the supply, erection, installation, testing, and commissioning of distribution infrastructure under the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DA-JGUA) scheme. The project encompasses nine circles across Rajasthan and is scheduled for completion within fifteen months.
    Solar EPC Project in Gujarat Received a ₹9.50 Cr order from Sadashiv Projects India Private Limited for design, engineering, supply, and testing of a 5 MWp ground-mounted solar project across multiple sites in Gujarat. The work will be completed over a six-month period.
    Order from Nyati Engineering & Construction Private Limited Awarded work for design, supply, installation, testing, and commissioning of ELV raceways and cable tray systems at Udaipur Air Terminal, Rajasthan. The project, valued at ₹2.59 Cr, is to be completed within six months.
    Order from ATS Techno Limited Secured a ₹21.39 Cr order from ATS Techno Limited for designing, supplying, installing, testing, commissioning, and handing over a factory shed at Star Platinum Industrial Park, Ahmedabad, to be executed within 12 months.
    Acquisition of Peaton Electrical Company Limited (PECL) Acquired an additional 35.82 per cent stake in PECL, increasing shareholding to 51.06 per cent and making it a subsidiary. The move strengthens PIGL’s position in panel manufacturing and the electrical equipment sector.

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  • The Next Economy Forum 2025 Concludes with Landmark Success at the House of Lords & Oxford University

    The Next Economy Forum 2025 Concludes with Landmark Success at the House of Lords & Oxford University

    London [United Kingdom], November 15: Brand Vista Consulting, in association with Guidance ForeverInternational Academic and Management Association (IAMA)Skin SealDG Events Management and  Teri Job, successfully hosted the two-day global leadership gathering — The Next Economy Forum 2025 — on 03rd November at the House of Lords, UK Parliament, and 04th November at Oxford University.

    Designed as a forward-thinking platform to reimagine future economic and social frameworks, the forum was centered around the theme:

    “Building a Sustainable, Inclusive, and Tech-Driven Global Economy.”

    A Premier Platform for Global Dialogue

    The event brought together distinguished global business and policy leadersMembers of Parliament and diplomatsCEOs and investorstechnology innovatorssustainability champions, and academic thought leaders. Through strategic dialogues and collaborative sessions, the Forum focused on three core objectives:

    • Connecting Global Leadership
    • Shaping Policy & Business Strategy
    • Catalyzing Sustainable Transformation

    Inauguration at the House of Lords, UK Parliament

    The Forum commenced with opening remarks from Mr. Gaurav Khattar, Chairman of the Advisory Board, Brand Vista Consulting, and Mr. Devang Gohil, Partner, The Next Economy Forum 2025.

    They welcomed the Guests of Honour:

    • Lord Darren Mott, OBE, Member, House of Lords, UK
    • Mr. Navendu Mishra, Hon’ble Member of Parliament, UK

    Both dignitaries applauded the global visionaries present at the Forum and recognized their contributions to innovation, sustainability, and global progress. They also commended Brand Vista Consulting for establishing The Next Economy Forum as a strategic platform for collaboration, ideation, and meaningful policy-oriented dialogue.

    In his address, Mr. Navendu Mishra emphasized the importance of such forums in redefining global business practices and fostering sustainable development. He highlighted the UK Government’s commitment to creating a conducive environment for global leaders and enterprises to innovate, collaborate, and expand.

    Thought Leadership from Global Visionaries

    Leading international figures shared powerful insights shaping the future of the global economy, including:

    • Dr. Satya Vadlamani, CMD, Murli Krishna Pharma & Co-Chair, The Next Economy Forum 2025
    • Mr. Evan Luthra, General Partner, KOL Capital
    • Mr. Kazim Raza Khan, CEO, IL&FS Engineering and Construction Company Limited
    • Dr. Mohammad Salem Omaid, Founder & CEO, Ibnk
    • Mr. Siddharth Hasamnis, CEO, Enthalpy Asia
    • Dr. Naveen Chettupalli, Managing Director, Sravani Hospitals
    • Mr. Avirat Jain, CEO, BizAlchemy

    Their thought-provoking viewpoints covered emerging technologies, digital transformation, sustainable healthcare, next-gen infrastructure, and the reshaping of global value chains.

    Special Highlight: Book Launches & Publications

    The Forum also hosted significant literary and knowledge-sharing milestones:

    • “My Mother, My Strength”, a heartfelt book by Dr. Satya Vadlamani, CMD, Murli Krishna Pharma, celebrating her mother’s life and legacy, was officially unveiled.
    • “PRISM HR PLAYBOOK”, authored by Dr. Mohammed Bawaji, CPHR Services, was launched, offering practical insights into modern HR methodologies.
    • Brand Vista Consulting unveiled its flagship business journal, Influence 360, during the ceremony at the House of Lords — marking a new chapter in global thought leadership and business intelligence.

    Recognizing Excellence: Forum Award Winners

    The Forum also celebrated organizations that demonstrated exceptional leadership, innovation, and impact. Notable winners included:

    His Royal Highness Prince Dr. Rina Telesphore, Mr. Kazim Raza Khan, CEO, IL&FS Engineering and Construction Company Limited, Mr. Evan Luthra, General Partner, KOL Capital, Mr. Sanjay Awasthi, Chairman and Founder, Tembo Steels, Dr. Satya Vadlamani, CMD, Murli Krishna Pharma, Mr. Kunal Mehra, CEO & Regional Director India & MENA, Crimson Education India, Mr. Mohammed Asif, Executive Director, Plan International (India Chapter), Dr. Mohammad Salem Omaid, Founder and CEO, Ibnk, Mr. Siddharth Hasamnis, CEO, Enthalpy Asia, Mr. Ravinder Grover, COO, HarvestPlus Solutions, Mr. Rahul Aggarwal, Director, St. Mark’s Group of Schools, Mr. Vishal Agrawal, Vice Chairman, Superior Group of Industries, Dr. Vidya Sravanthi, Founder & Director, Reqelford International School, Ms. Bertha NdzeremYenwo Yiberla, Founder & CEO, Mike Denny Institute of Excellence, Mr. Vinay Kumar Gopal Singh, Partner, JE & VEE Infrastructure, Mr. Shivanshu Kharia, Executive Director, Modern Group of Industries & Institutes, Ms. Sravani Chettupalli, Founder & CEO, Sravani Hospitals, Mr. Devang Gohil, Founder, Ziya Asian Grill Restaurant, Mr. Avirat Jain, CEO, BizAlchemy, Dr. Bikash Sharma, President and Founder Trustee, International Academic and Management Association (IAMA), Mr. Shyam Gupta, CEO, Guidance Forever, Mr. Ajay Raipal, CEO, Aspesis Marketing & SkinSeal, TeriJob – Emerging Job Portal of Bharat, CP HR Services, Mr. Tejinder Singh Gill and FREYAA – The Fashion Brand, Colliers India, Mr. Swapan Kumar Chatterjee, Director, CGMP Projects, Ar. Shantanoo Vishwanath Rane, Chairman, Roswalt Realty, Mr. Amitava Mazumder, Founder, MASAA Innovation

    Day 2 at Oxford University: Research, Policy & Future-Ready Insights

    The second day at Oxford University featured academic exchanges, leadership sessions, and thematic dialogues focused on innovation-driven policy frameworks, collaborative research, and sustainability-focused economic models. These sessions emphasized the integration of business strategy with academic rigor to build a resilient global economy.

    Dr. Satya Vadlamani, CMD, MKPPL opened the forum by her welcome speech as Co-Chair of The Next Economy Forum 2025 in which she highlighted the key issues which needs our attention and how through collaboration and sustainable practices we can create a better world.

    This was followed by several Fireside Chats, Keynote Speeches and Panel discussion.

    The notable speakers at the forum were:

    1. Mr. Adrian Clamp, Partner, KPMG International
    2. Mr. Kazim Raza Khan, CEO, IL&FS Engineering and Construction Company Limited.
    3. Mr. Sanjay Awasthi, Chairman and Founder, Tembo Steels
    4. Mr. Evan Luthra, General Partner, KOL Capital
    5. Mr. Vinay Kumar Gopal Singh, Partner, JE & VEE Infrastructure
    6. Mr. Vishal Agrawal, Vice Chairman, Superior Group of Industries
    7. Mr. Mohammed Asif, Executive Director, Plan International (India Chapter)
    8. Dr. Mohammad Salem Omaid, Founder and Chief Executive Officer, Ibnk
    9. Mr. Siddharth Hasamnis, CEO, Enthalpy Asia
    10. Ms. Sravani Chettupalli, Founder & CEO, Sravani Hospitals
    11. His Royal Highness Prince Dr. Rina Telesphore
    12. Dr. Vidya Sravanthi, Founder & Director, Reqelford International School

    PANEL DISCUSSION TOPIC – Empowering the Next Generation

    Moderator – Co-Chair of The Next Economy Forum – Dr. Satya Vadlamani, CMD, Murli Krishna Pharma

    And Panelists were:

    1. Mr. Kunal Mehra, CEO & Regional Director India & MENA, Crimson Education India
    2. Mr. Ravinder Grover, COO, HarvestPlus Solutions
    3. Dr. Vidya Sravanthi, Founder & Director, Reqelford International School
    4. Ms. Bertha NdzeremYenwoYiberla, Founder & CEO, Mike Denny Institute of Excellence
    5. Mr. Avirat Jain, CEO, BizAlchemy
    6. Ms. Amanda Slavin, Founder & CEO, The Future Frequency

    Outcomes & Future Roadmap

    Insights and recommendations from the Forum will be consolidated into a comprehensive Global Insight & Policy Report that will be shared with policymakers, global institutions, corporations, and research bodies, supporting informed decision-making and sustainable global transformation.

    About Brand Vista Consulting

    Headquartered in the United Kingdom and operating across Asia, Africa, the Middle East, and EuropeBrand Vista Consulting is a Management, Marketing, and Strategy Consulting firm committed to enabling transformative business growth and socio-economic development through global leadership platforms, research-driven consulting, and strategic collaborations.

    Brand Vista Consulting partners with governmentscorporatespolicy institutions, and innovation leaders to design and implement strategies that drive measurable business outcomes and sustainable progress.

    For more details, please contact khushi@brandvistaconsulting.com

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