Category: Business

  • Country Club: Building Communities, Strengthening Social Fabric, and Redefining Luxury for Modern India

    Country Club: Building Communities, Strengthening Social Fabric, and Redefining Luxury for Modern India

    Rajeev Reddy, Chairman and Managing Director, Country Club

    Hyderabad (Telangana) [India], June 2: In every era, societies are shaped by the spaces where people come together—where friendships are formed, families celebrate milestones, and communities grow stronger. While clubs have traditionally served this purpose, many were often associated with exclusivity. Country Club reimagined that concept for a new India.

    Over the years, Country Club has evolved into one of India’s largest leisure, hospitality, and holiday communities, built on a simple belief: luxury should not be reserved for a select few. It should be accessible to every family seeking meaningful experiences, memorable holidays, and lasting connections.

    At the heart of Country Club’s success lies its commitment to creating unforgettable holiday experiences. Long before experiential travel became a trend, the brand recognized that vacations are not merely a luxury but an essential part of a fulfilling life. Today, with over 2 MILLION MEMBERS, Country Club has become one of India’s most recognized holiday and leisure networks.

    A VISIONARY Behind the Movement

    Behind this remarkable journey is Rajeev Reddy, Chairman and Managing Director, whose vision has helped transform Country Club into a community-driven lifestyle brand. As Rajeev Reddy says, “Luxury is not about exclusivity, but INCLUSIVITY. It is about creating experiences that enrich lives and building a community where everyone belongs.”

    More Than a Club — A COMMUNITY

    Country Club is far more than a collection of properties. It is a vibrant ecosystem where families connect, friendships flourish, and communities come together.

    From social gatherings and cultural festivals to wellness programs, sports, entertainment, and vacations, Country Club continues to strengthen the social fabric that binds people together. Its philosophy is simple: when people come together, communities become stronger.

    PREMIUM EXPERIENCES for Everyone

    Country Club has been a pioneer in democratizing PREMIUM EXPERIENCES. By making quality hospitality, recreation, wellness, and holiday opportunities accessible to a wider audience, it has redefined what a modern club can be. It has created a lifestyle once considered accessible only to a privileged few.

    Expanding Beyond Borders, Enriching Holidays

    What began as an Indian success story has evolved into a global hospitality and lifestyle movement.

    From the bustling streets of BANGKOK and the beaches of PATTAYA and PHUKET through the THAILAND MASTER CARD program, to the cultural richness of SRILANKA and the scenic beauty of GANGTOK, Country Club offers members a WORLD OF HOLIDAY possibilities.

    Closer to home, members can enjoy wildlife adventures in the SUNDARBANS and BANDIPUR, rejuvenating wellness escapes at KOVALAM’S FLOATING SPA, and experiences ranging from scuba diving and paragliding to safaris, island excursions, and family retreats.

    The true measure of Country Club’s success lies in the memories it creates. Last year alone, the company facilitated over 70,000 FAMILY HOLIDAYS across its network. With its growing INTERNATIONAL FOOTPRINT, particularly in THAILAND, Country Club is poised to cross 100,000 HOLIDAYS ANNUALLY and target 200,000 HOLIDAYS within the next THREE YEARS.

    YouTube Link

    The Future of Club Culture

    With over 2 million members, an expanding global presence, and a commitment to INCLUSIVE luxury, Country Club continues to redefine hospitality for modern India.

    At its heart, Country Club is a story about people—bringing families together, creating lifelong memories, and building communities that thrive on connection rather than exclusivity.

    That is what makes Country Club truly modern, truly inclusive, and truly Indian.

    For franchise enquiries and business collaborations:  

    Website: www.countryclubindia.net

    Contact: 

    Nirav | nirav@countryclubmail.com | 9845035959

    Hiram | hiram@countryclubmail.com | 9849030540

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  • GENXAI Analytics Limited IPO Opens on Friday, June 05, 2026

    GENXAI Analytics Limited IPO Opens on Friday, June 05, 2026

    Mumbai (Maharashtra) [India], June 2: GenXAI Analytics Limited is a technology-driven enterprise performance & analytics solutions provider, proposing to open its Initial Public Offering on Friday, June 05, 2026, aiming to raise ₹ 54.66 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

    The issue size is 47,28,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 110 – ₹ 116 Per Share.

    Equity Share Allocation

    • Qualified Institutional Buyer – Not more than 21,54,000 Equity Shares
    • Non-Institutional Investors – Not less than 6,46,200 Equity Shares
    • Individual Investors – Not less than 15,07,800 Equity Shares
    • Market Maker – Issue of 2,40,000 Equity Shares 
    • Employee Reservation – Issue of 1,80,000 Equity Shares 

    The net proceeds from the IPO will be utilized for capital expenditure for the development of new products, repayment of borrowings, working capital requirements, and the general corporate purposes. The anchor bidding is on Thursday, June 04, 2026. The issue will open on Friday, June 05, 2026, and will close on Tuesday, June 09, 2026.

    The Book Running Lead Manager of the Issue is Choice Capital Advisors Private Limited, and the Registrar is Bigshare Services Private Limited.

    Mr. Rakesh Agarwal, Managing Director of GenXAI Analytics Limited, expressed, “This IPO marks a significant milestone in the growth journey of GenXAI Analytics Limited. Over the years, we have evolved from a consulting-led organization into a technology-driven analytics and AI solutions provider, focused on delivering value-driven digital transformation services to enterprises across industries. 

    This IPO represents not just a fundraising event, but a stepping stone towards scaling our capabilities and strengthening our market presence. The proceeds from the issue will support the development of new products and technology solutions, strengthen our working capital position, enable strategic investments in infrastructure and talent, and support our long-term growth vision.”

    Mr. Ratiraj Tibrewal, Director of Choice Capital Advisors Private Limited, said, “India’s digital transformation and enterprise analytics industry is witnessing strong momentum, driven by rapid adoption of AI, cloud technologies, automation, and data-driven decision-making across businesses. We believe this evolving landscape presents significant long-term opportunities for technology-focused companies like GenXAI Analytics Limited.

    The Company has demonstrated significant growth with its diversified technology solutions spanning ERP, EPM, Data Engineering & Analytics, Application Development, and Generative AI solutions. The company’s focus on innovation, customer-centric execution, and scalable business model positions it well to capitalize on the growing demand for enterprise digital transformation services.

    The proposed IPO is an important milestone in the company’s growth journey and is expected to support expansion initiatives, development of new products and solutions, strengthening of working capital, and enhancement of operational capabilities.”

    About GenXAI Analytics Limited

    GenXAI Analytics Limited is a technology-driven enterprise performance and analytics solutions provider company, engaged in enabling enterprises to streamline business-critical workflows, enhance system performance, & improve operational efficiency. Their solutions span across Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM), Data Engineering & Analytics, Application Development, Generative AI solutions, and Web Development & Design

    In FY25, The Company achieved a Revenue of ₹ 2,853.18 Lakhs, EBITDA of ₹ 1,002.70 Lakhs & PAT of ₹ 660.89 Lakhs. 

    For the nine-month period ended December 2025, The Company achieved a Revenue of ₹ 6,427.21 Lakh, EBITDA of ₹ 1,897.32 Lakh & PAT of ₹ 1,065.89 Lakh.

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  • Aayush Wellness Delivers Strong FY26 Performance with Rs 15,548 Lakhs Revenue from Operations, Registering Robust 112% Y-o-Y Growth

    Aayush Wellness Delivers Strong FY26 Performance with Rs 15,548 Lakhs Revenue from Operations, Registering Robust 112% Y-o-Y Growth

    Strong Quarterly Momentum with Q4 FY26 Revenue from Operations of ₹4,841 Lakhs and EPS of ₹0.82

    Mumbai (Maharashtra) [India], June 1: Aayush Wellness Limited (BSE: 539528), an integrated healthcare company, today announced its Consolidated Financial Results for the quarter and financial year ended March 31, 2026.

    The company delivered a strong operational performance during FY26, with Revenue from Operations rising sharply to ₹15,548.20 Lakhs, registering a robust 112% Year-on-Year growth. Backed by its expanding healthcare ecosystem and focus on preventive healthcare and wellness solutions, the company remains focused on strengthening its market presence, expanding its product portfolio, and creating long-term value through scalable growth opportunities across the rapidly growing healthcare and wellness sector.

    On a consolidated basis, Revenue from Operations increased significantly to ₹15,548.20 Lakhs during FY26 from ₹7,334.60 Lakhs in FY25, registering a strong 112% Year-on-Year growth. Consolidated Total Income for FY26 stood at ₹15,809.20 Lakhs as compared to ₹7,338.60 Lakhs reported in the previous financial year, reflecting a robust 115% Year-on-Year increase.

    The company reported consolidated Net Profit of ₹398.04 Lakhs during FY26 as compared to ₹336.59 Lakhs in FY25, registering a healthy 18.26% Year-on-Year growth, reflecting continued improvement in operational performance and strengthening business fundamentals.

    The March 2026 quarter continued to demonstrate healthy operational traction for the company. Revenue from Operations for Q4 FY26 stood at ₹4,840.70 Lakhs, compared to ₹2,235.30 Lakhs reported in the corresponding quarter of the previous year, registering a strong 117% Year-on-Year growth. Consolidated Total Income for Q4 FY26 increased to ₹4,905.95 Lakhs from ₹2,236 Lakhs in Q4 FY25, reflecting a robust 119% Year-on-Year increase.

    Consolidated Net Profit for Q4 FY26 stood at ₹56.46 Lakhs, compared to ₹109.31 Lakhs reported during the corresponding quarter of the previous year.

    Aayush Wellness

    On a sequential basis, Revenue from Operations increased from ₹4,453.12 Lakhs in Q3 FY26 to ₹4,840.70 Lakhs in Q4 FY26, reflecting continued operational momentum and improving market traction across key product categories. Consolidated Total Income also increased from ₹4,518.37 Lakhs in Q3 FY26 to ₹4,905.95 Lakhs during Q4 FY26, registering a healthy 9% Quarter-on-Quarter growth.

    During FY26, Aayush Wellness Limited continued to strengthen its positioning as an integrated healthcare and wellness company through expansion across preventive healthcare, nutraceuticals, wellness solutions, and condition-specific healthcare products. The company expanded its wellness portfolio through multiple product launches, including immunity, brain health, sleep, and liver care solutions, while also strengthening its presence across digital health and nutraceutical categories. Recently, the company announced the launch of “Liver Detox Tablets” aimed at addressing the growing demand for preventive wellness and lifestyle disease management solutions.

    Going forward, Aayush Wellness Limited intends to continue expanding its presence across preventive healthcare, nutraceuticals, wellness supplements, and digital health ecosystems. The company believes increasing health awareness, rising demand for preventive healthcare products, and the rapid expansion of India’s wellness and nutraceutical industry are expected to create significant long-term growth opportunities. Backed by its expanding product portfolio, innovation-led strategy, and focus on scalable healthcare solutions, the company remains focused on strengthening operational scale and creating sustainable long-term value for stakeholders.

    “FY26 was a year of strong operational growth and strategic expansion for Aayush Wellness Limited. During the year, we continued to strengthen our presence across preventive healthcare and wellness categories through product innovation, expanding distribution, and consumer-focused healthcare solutions. We remain focused on building a scalable healthcare and wellness ecosystem aligned with evolving consumer health trends and long-term growth opportunities.” Said Naveena Kumar, Managing Director of Aayush Wellness Limited.

    About Aayush Wellness Limited:

    (ISO 9000 and 22000 certified company) Aayush Wellness Limited [BSE scrip code: 539528], established in 1984, is a pioneering name in health and wellness solutions, dedicated to offering products that merge wellbeing with innovation. We are India’s preventive healthcare company committed to offering quality products and services to enhance consumer well-being. Aayush Wellness continues to lead the industry in promoting healthier lifestyle choices through its diverse range of wellness products and services. For more information, please visit www.aayushwellness.com or Call 8655611700 for business inquiries.

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  • Transteel Seating Technologies Reports 57.30% Revenue Growth and 76% Rise in PAT in FY26

    Transteel Seating Technologies Reports 57.30% Revenue Growth and 76% Rise in PAT in FY26

    Ahmedabad (Gujarat) [India], June 02: Transteel Seating Technologies Limited (NSE: TRANSTEEL), a workplace furniture and ergonomic seating solutions company, reported strong financial performance for the financial year ended March 31, 2026, driven by healthy demand from enterprise customers, execution of large projects, and improved operational efficiency.

    Transteel delivered a robust performance in FY26, with revenue from operations rising 57.30% year-on-year to ₹139.45 crore, compared to ₹88.65 crore in FY25. Profit Before Tax (PBT) increased by 69.1% to ₹29.73 crore from ₹17.58 crore, while Profit After Tax (PAT) grew 76.0% to ₹22.30 crore from ₹12.67 crore in the previous financial year.

    The company also reported a significant improvement in earnings per share (EPS), which increased to ₹9.34 in FY26 from ₹6.28 in FY25, reflecting strong profitability and value creation for shareholders.

    Transteel’s balance sheet continued to strengthen during the year. Shareholders’ funds rose to ₹133.95 crore as of March 31, 2026, while total assets expanded to ₹288.90 crore from ₹162.19 crore in FY25, highlighting the company’s growing scale, enhanced operational capabilities, and strong financial position.

    The company benefited from sustained demand for modern workplace infrastructure as organisations increasingly invest in employee productivity, workplace collaboration, and ergonomic office environments. Growing awareness around employee wellness and workspace optimisation has further accelerated demand for ergonomic seating and workplace furniture solutions across corporate India.

    Looking ahead, the company aims to leverage its design-led approach, manufacturing capabilities, and customer-centric solutions to deepen its presence in the workplace furniture segment. Transteel will continue to focus on innovation, quality, and execution excellence while capitalising on emerging opportunities arising from India’s evolving commercial real estate and office infrastructure landscape.

    About Transteel Seating Technologies Limited 

    Transteel Seating Technologies Limited is engaged in the design, manufacturing and distribution of workplace furniture and ergonomic seating solutions. The company caters to corporates, institutions, and commercial establishments across India through a diversified portfolio of office seating, workstations, storage systems, and workplace furniture products.

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  • ‘Be Skill Oriented and Society Ready’: Chairman Shri D.K. Mohan Sets Vision at Cambridge College Graduation 2026

    ‘Be Skill Oriented and Society Ready’: Chairman Shri D.K. Mohan Sets Vision at Cambridge College Graduation 2026

    Bengaluru (Karnataka) [India], May 30: Infosys Associate VP Santhosh Ananthapura Urges Innovation; KPMG Director Sowmya Velayudham Calls for Responsible Leadership; Ms. Vedashree M. Bags Bangalore North University First Rank in BCA-2025

    Chairman Shri D.K. Mohan, Cambridge Group of Institutions, delivered a defining message to the Class of 2026, urging graduates to become ‘Skill Oriented and Society Ready’ at Cambridge College, Bangalore’s Graduation Day Ceremony held on 27.05.2026 at Sir M V Auditorium, CIT Campus.

    In his Presidential Address to the 2023–2026 batch of BBA, B.Com and BCA graduates, Shri D.K. Mohan stressed that education must drive national progress. “Your degree is not just a certificate; it is a responsibility to the nation. Pursue excellence, uphold ethical values, and use knowledge and leadership to contribute meaningfully to society,” he declared. Chief Guest Mr. Santhosh Ananthapura, Associate Vice President – Infosys Ltd. and Head – Infosys Springboard India & Government Partnerships, addressed the rapid shifts in the corporate landscape.

    “The future belongs to those who master skill development, innovation, and adaptability. Upskill constantly, because disruption is the new normal,” Mr. Ananthapura told graduates, urging them to leverage platforms like Infosys Springboard for lifelong learning. Guest of Honor Ms Sowmya Velayudham, Director – Education and Skilling, KPMG India, emphasized the role of ethical leadership in professional growth. “Beyond technical skills, the industry values responsible professionals who commit to integrity, inclusion, and lifelong learning. Lead with purpose, and success will follow,” she said, inspiring graduates to build careers grounded in values.

    The ceremony celebrated academic excellence with the felicitation of Ms. Vedashree M. from Cambridge College, who secured the University First Rank in Bachelor of Computer Application at Bangalore North University. Her achievement was hailed as a benchmark for the student community. The event was presided over by Prof. Kalyan Kumar Sahoo, Principal & Director, Cambridge College, who congratulated the graduates of the 2023-2026 class on completing their academic journey during the opening remarks.

    During the valedictory ceremony, Mr. Nithin Mohan, CEO, Cambridge Group of Institutions, reinforced the entrepreneurial mandate. “We don’t just want you to be job seekers. We want you to be job creators who build the next generation of startups from Bangalore,” he said, highlighting Cambridge’s incubation and mentorship support for student entrepreneurs. The ceremony concluded with the conferring of degrees and best academic awards to graduates from Commerce, Management, and Computer Applications, followed by celebrations with management, faculty, parents, and students. Cambridge College remains committed to nurturing graduates who are skilled, ethical, innovative, and society focused.

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  • ‘Be Skill Oriented and Society Ready’: Chairman Shri D.K. Mohan Sets Vision at Cambridge College Graduation 2026

    ‘Be Skill Oriented and Society Ready’: Chairman Shri D.K. Mohan Sets Vision at Cambridge College Graduation 2026

    Bengaluru (Karnataka) [India], May 30: Infosys Associate VP Santhosh Ananthapura Urges Innovation; KPMG Director Sowmya Velayudham Calls for Responsible Leadership; Ms. Vedashree M. Bags Bangalore North University First Rank in BCA-2025

    Chairman Shri D.K. Mohan, Cambridge Group of Institutions, delivered a defining message to the Class of 2026, urging graduates to become ‘Skill Oriented and Society Ready’ at Cambridge College, Bangalore’s Graduation Day Ceremony held on 27.05.2026 at Sir M V Auditorium, CIT Campus.

    In his Presidential Address to the 2023–2026 batch of BBA, B.Com and BCA graduates, Shri D.K. Mohan stressed that education must drive national progress. “Your degree is not just a certificate; it is a responsibility to the nation. Pursue excellence, uphold ethical values, and use knowledge and leadership to contribute meaningfully to society,” he declared. Chief Guest Mr. Santhosh Ananthapura, Associate Vice President – Infosys Ltd. and Head – Infosys Springboard India & Government Partnerships, addressed the rapid shifts in the corporate landscape.

    “The future belongs to those who master skill development, innovation, and adaptability. Upskill constantly, because disruption is the new normal,” Mr. Ananthapura told graduates, urging them to leverage platforms like Infosys Springboard for lifelong learning. Guest of Honor Ms Sowmya Velayudham, Director – Education and Skilling, KPMG India, emphasized the role of ethical leadership in professional growth. “Beyond technical skills, the industry values responsible professionals who commit to integrity, inclusion, and lifelong learning. Lead with purpose, and success will follow,” she said, inspiring graduates to build careers grounded in values.

    The ceremony celebrated academic excellence with the felicitation of Ms. Vedashree M. from Cambridge College, who secured the University First Rank in Bachelor of Computer Application at Bangalore North University. Her achievement was hailed as a benchmark for the student community. The event was presided over by Prof. Kalyan Kumar Sahoo, Principal & Director, Cambridge College, who congratulated the graduates of the 2023-2026 class on completing their academic journey during the opening remarks.

    During the valedictory ceremony, Mr. Nithin Mohan, CEO, Cambridge Group of Institutions, reinforced the entrepreneurial mandate. “We don’t just want you to be job seekers. We want you to be job creators who build the next generation of startups from Bangalore,” he said, highlighting Cambridge’s incubation and mentorship support for student entrepreneurs. The ceremony concluded with the conferring of degrees and best academic awards to graduates from Commerce, Management, and Computer Applications, followed by celebrations with management, faculty, parents, and students. Cambridge College remains committed to nurturing graduates who are skilled, ethical, innovative, and society focused.

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  • Asian Granito India Ltd Net Profit jumps 89.69 Percent Y-o-Y to Rs. 18.74 crore in FY26, driven by strong domestic demand

    Asian Granito India Ltd Net Profit jumps 89.69 Percent Y-o-Y to Rs. 18.74 crore in FY26, driven by strong domestic demand

    Ahmedabad, 1 June, 2026: Asian Granito India Limited (AGL) (NSE: ASIANTILES, BSE: 532888), one of the largest Luxury Surfaces and Bathware Solutions brands in the country has reported a strong operational and financial performance during the financial year ended March 31, 2026.

    • Revenue from Operations increased by 8.60% to Rs. 1,858.06 crore in FY26
    • EBITDA grew by 15.38% to Rs. 120.42 crore in FY26 from Rs. 104.37 crore in FY25
    • EBITDA Margin improved to 6.48% from 6.10%.
    • Net Profit after tax surged 89.69% to Rs. 18.74 crore in FY26

    Financial Highlights (Consolidated)

    Particular FY26 FY25 Y-O-Y
    Revenue From Operations (Rs. crore) 1,858.06 1,710.98 8.60%
    EBITDA (Rs. crore) 120.42 104.37 15.38%
    Net Profit (Rs. crore) 18.74 9.88 89.69%

    For FY26, the company reported a robust performance with consolidated net profit after tax of Rs. 18.74 crore representing 89.69% increase over FY25. Revenue from Operations for FY26 was reported up 8.60% to Rs. 1,858.06 crore. EBITDA for FY26 was reported at Rs. 120.42 crore (EBITDA margin 6.48%), as compared to EBITDA of Rs. 104.37 crore (EBITDA margin 6.10%) in FY25. The strong performance was supported by healthy market demand, improved operational efficiencies, enhanced product mix and continued expansion across domestic markets.

    Commenting on the results and performance, Mr. Kamlesh Patel, Chairman and Managing Director said, “We have emerged stronger through this challenging period and remain confident about our growth trajectory going forward. Healthy domestic demand, improved operational efficiencies, and stronger gross margins contributed to our performance during the year. We are encouraged by the positive demand environment and the normalization of production across all manufacturing facilities. While higher gas prices and elevated export freight costs remain industry challenges, strong domestic demand and our expanding market presence position us well for sustained growth. We remain focused on strengthening our brand, distribution network, and product portfolio while pursuing our long-term vision of becoming a Rs. 6,000 crore revenue company over the next three to six years.”

    Our business has normalized with all our manufacturing units operational.  We continue to witness strong demand and are focusing more on domestic market as export container price has escalated due to geo-political uncertainty. While all our plants are operational now some labour problems are still there and we are hopeful to resolve it soon. However, short-term challenges remain with increase in gas price.

    From L to R Mr. Mukesh Patel, MD and Mr. Kamlesh Patel, CMD, Asian Granito India Ltd

    As AGL continues to expand its scale and market presence, sustainability remains an integral part of its long-term growth strategy. The Company focuses on responsible manufacturing practices across its facilities, which adhere to internationally recognized ISO 9001 and ISO 14001 standards. The company’s long-term value creation initiatives include the use of natural gas, zero-waste processes, rainwater harvesting systems at manufacturing locations, and renewable energy generation through its Solar Energy and windmill project.

    In addition, the company is strengthening its customer-centric ecosystem through the expansion of modern experience centers, digital engagement platforms, and the ‘AGL Tiles’ mobile application. These initiatives are aimed at improving customer experience, enhancing channel partner connectivity, and supporting sustainable growth through technology-driven engagement and operational excellence.

    About Asian Granito India Limited: 

    Established in the year 2000, AGL has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two & Half decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, quality consciousness and the company has created a strong brand identity, well recognized globally and loyal customer following across segments. Today it is 4th largest listed ceramic tile company in India with Strength of more than 700 field force.

    The Company has 14 state-of-the-art manufacturing units spread across Gujarat and 277 plus exclusive franchisee showrooms, 13 company owned display centres across India. Further, the Company has an extensive marketing and distribution network pan India with 18,000 plus touchpoints including distributors, dealers and sub-dealers in India. The company also exports to more than 100 countries.

    The Company looks to strengthen its identity as the leader in the Indian ceramic industry by consistently introducing innovative and value-added products in the market to keep pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on NSE & BSE and reported net consolidated turnover of Rs. 1858 crore in FY 2026.

    (For more information, please visit: www.aglasiangranito.com)

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.

  • RMC Switchgears reports FY26 Consolidated Revenue of Rs 401.59 crore, up 26.40% YoY

    RMC Switchgears reports FY26 Consolidated Revenue of Rs 401.59 crore, up 26.40% YoY

    Q4 FY26 marks a strong turnaround with net profit of ₹9.30 crore, supported by improved execution, project momentum, and operational efficiencies

    Jaipur (Rajasthan) [India], June 1: RMC Switchgears Limited (NSE: RMC, BSE: 540358), a Jaipur-based power infrastructure, engineering, and EPC solutions company, has announced its audited consolidated financial results for the financial year ended March 31, 2026.

    Consolidated Financial Performance (₹ crore)

    Particulars Q4 FY26 Q4 FY25 YoY Change (Q4) FY26 FY25 YoY Change (FY)
    Revenue from Operations 142.94 165.66 −13.7% 401.59 317.73 +26.4%
    Gross Profit 31.61 29.81 +6.0% 95.06 94.31 +0.8%
    Gross Margin % 22.11% 17.99% +412 bps 23.67% 29.68% −601 bps
    EBITDA 17.63 16.66 +5.8% 47.10 52.36 −10.0%
    EBITDA Margin % 12.34% 10.06% +228 bps 11.73% 16.48% −475 bps
    Profit Before Tax 12.98 13.75 −5.6% 30.40 41.97 −27.6%
    PBT Margin % 9.08% 8.30% +78 bps 7.57% 13.21% −564 bps
    Profit After Tax 9.30 9.85 −5.6% 22.45 30.89 −27.3%
    PAT Margin % 6.51% 5.95% +56 bps 5.59% 9.72% −413 bps
    EPS (₹) 8.81 9.53 −7.6% 21.18 29.80 −28.9%

    Key Highlights

    • Strong annual revenue growth: FY26 consolidated revenue from operations stood at ₹401.59 crore, registering a growth of 26.40% YoY.
    • Significant Q4 turnaround: The company moved from a loss of ₹7.07 crore in Q3 FY26 to a profit of

    ₹9.27 crore in Q4 FY26.

    • Healthy Q4 performance: Q4 FY26 consolidated revenue from operations stood at ₹142.94 crore, with EBITDA of ₹17.63 crore and net profit of ₹9.30 crore.
    • Full-year profitability maintained: FY26 consolidated EBITDA stood at ₹47.10 crore, while consolidated net profit stood at ₹22.45 crore.
    • Diversified power infrastructure platform: RMC continues to operate across switchgear engineering, smart metering solutions, electrical safety products and EPC projects.
    • Well-positioned for sector opportunities: The company remains focused on opportunities arising from power distribution modernisation, transmission infrastructure, smart metering and renewable energy development across India.

    During FY26, RMC Switchgears reported consolidated revenue from operations of ₹401.59 crore, compared with ₹317.73 crore in FY25, representing a growth of 26.40% year-on-year. Consolidated EBITDA for the year stood at ₹47.10 crore, while consolidated profit after tax stood at ₹22.45 crore.

    The company’s performance was supported by continued execution across its power infrastructure and EPC businesses, as well as sustained demand across its core operating segments.

    In Q4 FY26, the company reported consolidated revenue from operations of ₹142.94 crore. Consolidated EBITDA stood at ₹17.63 crore, compared with ₹16.66 crore in Q4 FY25, reflecting a growth of 5.84% YoY. Consolidated profit after tax stood at ₹9.30 crore. The quarter also marked a significant recovery from Q3 FY26, when the company had recorded a loss of ₹7.07 crore.

    Commenting on the performance, Mr. Ashok Kumar Agarwal, Managing Director, RMC Switchgears Limited, said:

    “FY26 was a year of strong revenue growth for RMC Switchgears, with consolidated revenue increasing by 26.40% to ₹401.59 crore. This performance reflects the strength of our execution capabilities, the depth of our project portfolio, and the confidence of our customers across the power infrastructure ecosystem.

    The year also posed profitability challenges for the broader electrical and EPC sectors, including rising commodity costs, currency volatility, global supply chain disruptions, and geopolitical uncertainty. Despite this environment, we remained focused on protecting project quality, delivery commitments, and long-term customer relationships.

    Importantly, the company delivered a strong recovery in the second half of the year. We moved from a loss of ₹7.07 crore in Q3 FY26 to a profit of ₹9.30 crore in Q4 FY26. This turnaround was driven by improved project execution, better cost controls, a stronger project mix and operational efficiencies across the business.

    RMC continues to strengthen its position as an integrated power infrastructure company with capabilities across switchgear engineering, EPC projects, smart metering solutions, and electrical safety products. Our manufacturing and project execution capabilities allow us to serve utilities, infrastructure companies, and government-led projects across multiple states in India.

    Looking ahead, we remain optimistic about FY27. India’s continued focus on power distribution modernisation, renewable energy expansion, smart metering implementation, and sustained infrastructure capex provides a supportive environment for our business. With a healthy order pipeline, ongoing cost optimisation initiatives, and a sharper focus on execution efficiency, we are well-positioned to improve our operating performance and create sustainable long-term value for stakeholders.”

    With the Government of India’s continued emphasis on strengthening power infrastructure, expanding renewable energy capacity, and accelerating smart metering implementation, RMC Switchgears remains well-placed to participate in emerging sector opportunities. The company will continue to focus on scaling its operations, enhancing execution capabilities, improving operational efficiencies, and building a strong project pipeline to support sustainable growth.

    About RMC Switchgears Limited

    RMC Switchgears Limited is a Jaipur-headquartered company engaged in the power infrastructure sector with over three decades of experience in engineering, manufacturing, and project execution. Established in 1994 as RFH Metal Castings Pvt. Ltd., the company has grown from a small manufacturing setup into an integrated player serving power utilities, OEMs, and EPC contractors across India.

    RMC manufactures smart energy meter enclosures, distribution boxes, electrical safety products, and other power infrastructure solutions, and also undertakes EPC projects for power distribution and transmission networks. Over the years, the company has achieved several key milestones, including its entry into turnkey EPC projects in 2014, its listing on the BSE SME platform in 2017, the execution of large-scale metering and power distribution projects across multiple states, and its expansion into the Solar EPC segment.

    RMC Switchgears Limited is listed on the BSE under Scrip Code 540358 and on NSE under Symbol RMC.

    For more information, please visit: www.rmcindia.in

    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.

  • My Interior Designers Is Giving Bangalore a Smarter Way to Discover Design Companies and Firms

    My Interior Designers Is Giving Bangalore a Smarter Way to Discover Design Companies and Firms

    Bangalore (Karnataka) [India], June 1: In a city where design decisions increasingly shape how people live, work, welcome, and build, My Interior Designers is creating a stronger answer for those looking beyond random search results and scattered referrals. In Bangalore, where trust, timing, and execution matter just as much as creativity, the platform is helping people discover the right Interior Design Company in Bangalore with greater clarity and confidence.

    The design journey in Bangalore has evolved. People are no longer only looking for ideas; they are looking for dependable teams that can translate ideas into well-managed outcomes. A beautifully imagined home, an office that reflects ambition, a retail space that carries identity, or a commercial environment that supports experience — all of these require more than inspiration. They require structure, coordination, and accountability. This is why more people are actively exploring Interior Design Firms in Bangalore and evaluating organised design businesses rather than relying only on informal recommendations.

    That shift is exactly where My Interior Designers becomes relevant.

    With its brand promise, Connecting You to Trusted Interior Designers, the platform is not simply offering visibility. It is helping Bangalore move towards more purposeful design discovery. For many people, the search now begins with a deeper question: should they choose an individual designer, a boutique studio, or a full-fledged company? In that process, identifying the Best Interior Design Company in Bangalore has become an important part of making a more informed and reassuring decision.

    Bangalore’s design market is broad, layered, and highly active. Some people prefer the structured support of established Interior Design Firms in Bangalore because they want stronger project management and team depth. Some are drawn to creative Interior Design Studios in Bangalore for personalised attention and distinct design character. Others seek the expertise of Interior Design Consultants in Bangalore for strategic inputs and refined direction. Each choice reflects a different need, and that is why the search experience must feel more intelligent than generic.

    My Interior Designers is responding to this reality by creating a platform where discovery feels more aligned with actual expectations. It gives visibility to every serious Interior Design Company in Bangalore that wants to be found in the right context, and it helps people compare Interior Design Firms in Bangalore with better intent. For those trying to identify the Best Interior Design Company in Bangalore, or reviewing the Top Interior Designing Companies in Bangalore, the platform becomes more than a browsing point — it becomes a meaningful point of decision.

    This is especially important in Bangalore, where people value speed but do not want rushed choices. They want creative quality, but they also want process discipline. They want to feel that the team they choose can understand the space not only aesthetically, but operationally. That is why organised businesses in the design ecosystem are gaining stronger relevance. When people explore the Top 10 Interior Design Companies in Bangalore, they are often seeking not just strong portfolios, but a sense of reliability that can carry a project from imagination to completion.

    At a deeper level, what My Interior Designers is enabling is a more human and more confident way of choosing. It is helping a space move closer to the team meant to shape it well. In that sense, the platform is not just listing companies or studios; it is strengthening the moment where a requirement meets the right creative and operational partner.

    As Bangalore continues to build more expressive homes, more ambitious offices, and more memorable commercial spaces, My Interior Designers is steadily positioning itself as a trusted route to the Top Interior Designing Companies in Bangalore, the Best Interior Design Company in Bangalore, and the design businesses that can turn search into certainty.

    My Interior Designers
    Connecting You to Trusted Interior Designers
    Where Your Space Finds Its Designer

    Contact:

    Mob: +91 9964211226
    Website: https://myinteriordesigners.com

    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.

  • Delta Autocorp Limited Announces H2 FY26 & FY26 Results

    Delta Autocorp Limited Announces H2 FY26 & FY26 Results

    Strong Growth Momentum with Robust Execution and Expanding EV Portfolio

    Kolkata (West Bengal) [India], June 01: Delta Autocorp Limited (NSE: DELTIC), an emerging player in India’s electric mobility segment, announced its Audited Financial Results for H2 FY26 & FY26.

    India’s electric mobility ecosystem continues to evolve, supported by increasing adoption of clean transportation solutions, improving infrastructure and growing acceptance of electric vehicles across personal and commercial mobility segments. Against this backdrop, Delta Autocorp continued to strengthen its operational capabilities, product portfolio and market presence during FY26.

    The year was marked by disciplined execution, continued profitability, product expansion and investments in capabilities that support long-term growth. The Company remained focused on operational efficiency, prudent resource allocation, engineering excellence and strengthening its retail and dealer ecosystem across key markets.

    Key Financial Highlights –

    Particular H2 FY26 FY26
    Total Income ₹3,927.22 Lakhs ₹8,265.63 Lakhs
    EBITDA ₹445.33 Lakhs ₹918.20 Lakhs
    EBITDA Margin (%) 11.34% 11.11%
    Net Profit ₹349.74 Lakhs ₹691.03 Lakhs
    Net Profit Margin (NPM)* 8.91% 8.36%
    EPS ₹2.29 ₹4.52

    * Reported PAT for H2FY26 & FY26 includes a one-time accounting provision of ₹1.58 crore.

    Operational Highlights – FY26

    • Successfully launched Airavat L5 electric loader and introduced Deltic Express L5 passenger vehicle, expanding the Company’s commercial mobility portfolio.
    • Completed 4 new 2-Wheeler RTO-approved model homologations during the year, strengthening product readiness and future growth opportunities.
    • Expanded engineering and product development capabilities through strategic human resource (engineers & designers) additions from established EV OEMs, alongside the establishment of an in-house design studio focused on future product development
    • Strengthened retail and market execution capabilities through expansion of field sales teams, establishment of a dedicated retail team and deployment of in-house digital automation, supporting improved dealer engagement, market coverage and execution efficiency.
    • Continued focus on operational efficiency, resource optimization and organizational productivity, while improving performance across company-operated locations including Dhanbad and Mihijam.

    Management’s comment:

    Commenting on the performance, Mr. Ankit Agarwal, Managing Director, Delta Autocorp Limited, stated:

    “FY26 was a year of strengthening the business across multiple dimensions.

    Alongside maintaining profitability, we focused on improving operating efficiency, expanding our product portfolio, strengthening engineering capabilities, and deepening our retail presence across key markets. These efforts included new product launches, multiple new-product homologations, investments in design and R&D teams and facilities, and continued enhancement of our execution capabilities.

    We believe enduring businesses are built through consistent improvements in products, processes, and people. Our responsibility remains to strengthen the organization, support our partners and execute with discipline. The investments and initiatives undertaken during the year reflect this long-term approach.

    As electric mobility adoption continues to evolve across India, our focus remains on building a stronger business, delivering reliable mobility solutions and pursuing sustainable growth through consistent execution.”

    About Delta Autocorp Limited

    Delta Autocorp Limited is an electric vehicle manufacturer focused on delivering clean, reliable, and technology-driven mobility solutions. The Company offers a diversified portfolio of electric two-wheelers and three-wheelers catering to both personal and commercial applications.

    With integrated manufacturing facilities and a focus on innovation, safety, and performance, the Company continues to strengthen its presence in India’s rapidly evolving EV ecosystem.

    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.