Category: Business

• The motto is representative of the group’s sustained belief in community-first development
• Having delivered more than 27,00,000 sq. ft of commercial and residential spaces, Ekatva Group is now pursuing the ambitious target of adding 22 lakh sq. ft of premium residential and next-generation commercial projects
• This announcement marks a turning point in the brand’s journey, reflecting a shift to more progressive goals, while still staying true to the organisation’s founding principles

Mumbai (Maharashtra) [India], August 20:  Ekatva Group, a name synonymous with forward-looking, inclusive, and sustainable development in Thane, unveils its guiding motto: The Power of Oneness. More than a phrase, it reflects a founding philosophy—that true progress is possible only when people, ideas, and purpose move as one.

From our earliest projects to today’s most ambitious developments, oneness has been the foundation of how we build—bringing together communities, stakeholders, and partners in shared value creation.

“Ekatva was born from a simple yet powerful idea – real estate should do more than provide square footage; it should enrich lives.”

We began as a small, passionate team committed to design, quality, and community. Today, that vision endures in every project we craft—developments that stand as symbols of trust, innovation, and togetherness.

Through our Oneness Principle, we bring together:

• Detail and Dedication: Every element—from land acquisition to handover—is executed with care, reflecting our deep commitment to quality and relationships.
• People and Purpose: We understand the dreams of our customers, creating homes and spaces that are personal, functional, and inspiring.
• Today and Tomorrow: We think long-term, delivering value not just for investors, but for residents, employees, and future generations.

At Ekatva, The Power of Oneness isn’t just a motto—it’s the way we build a better world.

Whether with Opal Square or Ekatva Signet, we have always held ourselves to these elevated standards and focused on building communities,” shared Hiren Chheda, Founder & Managing Director Ekatva Group & Chairman Commercial Development MCHI Thane. He adds that the emphasis on oneness stems from their emphasis on shared vision, shared success, and spaces where people feel connected not only to where they live or work, but also to one another.

Today, in addition to being Thane’s leading commercial real estate developer, especially in terms of the number of projects successfully completed, Ekatva Group has also essayed a key role in shaping the commercial landscape of Wagle Estate. They are now committed to expanding their portfolio with projects that prioritise thoughtful design and sustainability. On the residential front, the group’s focus has been on creating well-designed, high-quality living spaces. Their recent projects reflect their commitment to timely execution, aesthetic design, and overall liveability — values that continue to define their approach to homebuilding.

While Ekatva Signet offers residences that combine elegant design with social terraces and community zones, encouraging neighbours to connect, Opal Square blends premium workspaces and urban convenience, complete with a working universe that fosters interaction and a sense of community. The Olive sets a new benchmark by integrating collaborative workspaces, lifestyle amenities and unique design elements that promote both exclusivity and sustainability. Orbit Business Hub sets a new benchmark by integrating boutique workspaces with functionality and conveniences that shall help small and medium enterprises to network and thrive in an elegant setting.

To date, Ekatva Group has developed over 27,00,000 sq. ft across residential and commercial projects. As the makers of Wagle Industrial Estate, they have played a defining role in shaping Thane’s business district and transforming the city’s skyline. From landmark commercial hubs to premium residences, Ekatva Group projects have reimagined how Thane lives, works, and grows.

Looking ahead, Ekatva Group is highly optimistic about Thane’s real estate potential, particularly in the commercial segment. They have spotted and tapped tremendous opportunities for growth and are currently planning to launch approximately three projects over the next 12 months, with built-up areas ranging from 1.5 to 4 lakh sq. ft. Additionally, they are in the advanced stages of finalising mid to large-scale redevelopment projects within Thane. The organisation is actively exploring partnerships with landowners to bring more impactful developments to life across the city.

The group describes the idea of Oneness as being both a milestone and a starting point. Over the next five years, they aim to add over 20 lakh sq. ft of new development across premium residential and next-generation commercial projects. Every new venture will carry forward their commitment to design excellence, sustainable practices and spaces that inspire a sense of belonging.

About:

Ekatva is a real estate brand that believes in one simple truth- to create genuine landmarks that stand the test of time and create a cohesive community that grows with synergy.

Our community first approach ensures that all those involved; from our labourers and our employees, to our customers and their families; feel like they are part of a larger unit that seeks to deliver the best experiences.

Please log in for more details – https://www.ekatvagroup.com/

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New Delhi [India], August 20: Globe Civil Projects Limited, (NSE – GLOBECIVIL | BSE – 544424), Globe Civil Projects Limited has received a significant order from the Haryana Cricket Association, Bhiwani, for the construction of an International Cricket Stadium at Lohat, District Jhajjar, Haryana. The value of the contract stands at ₹222.20 Cr, with a stipulated completion period of 24 months.

The scope of work includes the execution of the stadium project on BOQ basis, reflecting the company’s role in developing major infrastructure facilities in the region.

The latest contract highlights the continued confidence placed by institutions in the company’s execution capabilities. The addition of this project further strengthens the company’s order book and supports its presence in large-scale assignments across the country.

On the receipt of the order, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited said, “Securing this ₹222 Cr order from the Haryana Cricket Association for the construction of an International Cricket Stadium at Lohat, Jhajjar, is an important milestone for the company. The project marks our entry into the sports infrastructure segment and reflects the confidence of our stakeholders in our ability to deliver large-scale assignments with precision and reliability. We view this development as an opportunity to contribute to the state’s sporting ecosystem by creating a facility of long-term relevance and value.

Our teams are fully prepared to execute the project within the stipulated 24-month timeline. Leveraging our multidisciplinary expertise across civil works, structural engineering, and project management, we will ensure seamless execution from start to finish. We remain committed to maintaining the highest benchmarks of quality, safety, and operational efficiency throughout the project cycle. This assignment further underscores the company’s philosophy of building enduring infrastructure that supports progress, community development, and national aspirations.”

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Mumbai (Maharashtra) [India], August 20: Shivashrit Foods Limited (Shivashrit, The Company) is manufacturer, supplier and exporter of potato flakes, proposes to open its Initial Public Offering on Friday, August 22, 2025 aiming to raise ₹ 70.03 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

The issue size is 49,32,000 equity shares at a face value of ₹ 10 each with a price band of ₹ 135 – ₹ 142 Per Share.

Equity Share Allocation

• QIB Anchor Portion – Up To 14,03,000 Equity Shares
• Qualified Institutional Buyer – Up To 9,36,000 Equity Shares
• Non-Institutional Investors – Not less than 7,05,000 Equity Shares
• Individual Investors – Not less than 16,40,000 Equity Shares
• Market Maker – Up To 2,48,000 Equity Shares

The net proceeds from the IPO will be used to partly finance the capital expenditure for the construction of the building, installation of plant and machinery (Potato Flakes Line Machine), utilities (boiler, ETP plant, power generator, solar panel), and other miscellaneous assets (“Expansion Project”), partly finance the working capital requirements for the Expansion Project, and for general corporate purposes. The anchor portion will open on August 21, 2025 and issue will close on August 26, 2025.

The Book Running Lead Manager to the Issue is Mark Corporate Advisors Private Limited, The Registrar to the Issue is Maashitla Securities Private Limited.

Mr. Nishant Singhal, Managing Director of Shivashrit Foods Limited expressed, “We are delighted to mark this milestone in our growth journey. Over the years, we have built our reputation as a manufacturer of premium-grade potato flakes, catering to the needs of food and snack manufacturers in both domestic and international markets, with a focus on consistent quality, innovation, and operational excellence.

The capital raised will enable us to significantly expand our manufacturing capabilities, integrate advanced technologies, and boost production capacity to cater to growing demand. This expansion will strengthen our competitiveness, open doors to new markets, and provide the foundation to diversify our product portfolio.”

Book Running Lead Manager Mark Corporate Advisors Private Limited said, “We are glad to partner with Shivashrit Foods Limited in its IPO journey. Over the years, the company has established itself as a manufacturer of premium-grade potato flakes, serving food and snack manufacturers in India and overseas. With its commitment to quality, innovation, and timely delivery, the company has built strong relationships and a solid presence in both domestic and export markets.

India’s processed food industry is growing rapidly, fuelled by urbanisation, rising demand for convenience foods, and export opportunities. The potato-based products segment is also expanding, driven by the snacks industry’s growth and the preference for ready-to-eat and ready-to-cook products. This IPO will enable the company to expand capacity, adopt advanced technology, and strengthen supply capabilities—positioning it for new markets, diversified products, and long-term growth.”

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Mumbai (Maharashtra) [India], August 19: Mangal Electrical Industries Limited (The Company, MEL) engaged in the processing of transformer components such as Cold-Rolled Grain Oriented (CRGO) steel, Amorphous materials, and Integrated Circuit Breakers (ICB), alongside manufacturing transformers and providing comprehensive EPC services, proposes to open its Initial Public Offering on Wednesday, August 20, 2025, aiming to raise ₹ 400 Crore (At Upper Price Band), with shares to be listed on the BSE & NSE platform.

The issue size is 71,30,124 equity shares at a face value of ₹ 10 each with a price band of ₹ 533 – ₹561 Per Share.

Anchor Investor Participation

The Company successfully closed its Anchor Book on August 19, 2025, raising ₹120 Crore. The anchor portion witnessed participation from several institutional investors, including Abakkus AIF, Sundaram AIF, Miras Investments (LC Pharos Multi Strategy Fund), LMR Partners (Societe Generale – ODI), and Finavenue Growth Fund, among others.

Equity Share Allocation

• Qualified Institutional Buyer – Not More Than 50% Of the Issue
• Non-Institutional Investors – Not Less Than 15% Of the Issue
• Retail Individual Investors – Not Less Than 35% Of the Issue

The net proceeds from the IPO will be utilized for Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company, Capital expenditure including civil works of the Company for expanding the facility at Unit IV situated at Reengus Sikar District, Rajasthan, Funding working capital requirements and for general corporate purposes. The anchor portion will open on August 19, 2025 and issue will close on August 22, 2025.

The Book Running Lead Manager to the Issue is Systematix Corporate Services Limited, The Registrar to the Issue is Bigshare Services Private Limited.

Mr. Rahul Mangal, Chairman and Managing Director of Mangal Electrical Industries Limited expressed “Our journey has been built on a strong foundation of precision manufacturing and a diversified portfolio in transformer components, transformer manufacturing, and EPC solutions. The proposed public issue will enable us to strengthen our balance sheet by reducing debt, support the expansion of our Unit IV facility at Reengus, and enhance working capital availability. These steps are aligned with our focus on operational efficiency, timely execution, and sustainable growth. We remain committed to delivering reliable products and solutions to the power infrastructure sector while steadily expanding our capabilities.”

Mr. Nikhil Khandelwal, Chairman and Managing Director of Systematix Corporate Services Limited said, “We are glad to partner with Mangal Electrical Industries Limited in its IPO journey. Over the years, the Company has demonstrated capabilities in transformer components, transformer manufacturing, and EPC solutions, supported by advanced manufacturing facilities and global approvals.

The IPO will enable the Company to enhance capacity, improve operational efficiencies, and scale its presence further in the rapidly growing power infrastructure sector.”

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Mumbai (Maharashtra) [India], August 19: Why do countless young Indians face the same anxious questions day after day? “How can I give a confident job interview when I freeze up?” “What is the best way to handle a boss who seems biased against me?” “How do I rise in my career when every step feels like a struggle?” Despite attending trainings, reading books, or watching videos, most people do not see lasting change. The missing ingredient is truly personalised, constant guidance that fits the individual’s unique personality.

Before using Apna Vikas

• Guidance came mainly from motivational videos
• Help was limited to parents, relatives, or teachers
• One-to-one consultations were expensive
• Interaction mostly happened in groups (like training sessions)
• Career and soft-skill advice was generic and one-size-fits-all
• Available only in English, creating a language barrier

After using Apna Vikas

• Personalized AI guide instead of generic videos
• 24/7 support via WhatsApp
• Affordable AI mentoring compared to costly consultations
• One-to-one interaction with AI
• Career and soft-skill guidance tailored to personality
• Available in both Hindi and English

Across the world, millions of youth and working professionals face this challenge. Most skill-building options are generic, mass-produced, and not designed for personal transformation. Life coaches, leadership guides, and counsellors offer the one-to-one personalised support known to create real change—but these are expensive and limited to a select few. Individual sessions often cost ₹3,000 to ₹35,000 per session, making them expensive.

As per ADP Research and Gallup reports in 2025, only 19% of Indian employees feel truly engaged, with stress, anger, and high attrition increasing dramatically. Employers increasingly seek candidates with strong soft skills like communication, teamwork, and adaptability—skills mostly missing today.

Apna Vikas is transforming this scenario by offering affordable, AI-driven personal coaching tailored to each user’s personality. Drawing on 32 years of research, Apna Vikas applies proven techniques such as the Enneagram to create detailed personality profiles, enabling its AI chatbot to deliver personalised, one to one guidance.

Available in both English and Hindi, Apna Vikas can be accessed on WhatsApp or any smartphone browser, making personalised coaching accessible even to users outside major cities. This breakthrough makes professional growth possible for rural youth, students, white-collar workers, and even blue-collar employees.

The affordability is boosted by exclusive discounts for HDFC Bank credit and debit card holders, and expanded further by a recent partnership with Microsoft. Organisations can now deploy Apna Vikas’s platform securely and anonymously for their employees, boosting workforce skill development and engagement.

Founder Venkatesh Madurai Subramanian, an internationally certified leadership coach with extensive global experience, created Apna Vikas inspired by his work with rural and urban Indians during the pandemic. His passion to democratise personalised coaching drives the platform’s rapid growth and its plans to add more Indian languages and pioneering new features.

For millions of Indians seeking real, personalised guidance and growth, Apna Vikas offers an AI-powered mentor who truly “knows you” and helps unlock your best self—anytime, anywhere.

Apna Vikas is actively building partnerships with various organisations and institutions to bring its personalised solutions to their members.

To learn more, please see https://www.apnavikas.com/?reference=VikasForAll

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Chennai (Tamil Nadu) [India], August 19: Enmas EPC Power Projects Ltd (“Enmas EPC” or “the Company”), a specialist in boiler engineering and a leading EPC solutions provider to the power and process industries, has successfully closed its maiden funding round of ₹ 57 crores. The round was anchored by India Ahead Venture Fund, a Category I AIF managed by Abakkus Asset Manager LLP, one of India’s most respected institutional investment managers and Mr. Amit Agarwal (prominent equity investor).

The raise also saw participation from a formidable roster of investors, including Biyani Growth Ventures LLP (promoted by the Founders of Asian Market Securities), family members of JyotiVardhan Sonthalia, Vitamin M Securities (promoted by Madhu Sarada), SVK Realty & Investment (Family office of S Vinodkumar Diamonds Group), Anil Raika’s Family Office, Gaurav Jain & Prateek Jain (Heads of Hem Securities), Ankush Kedia (former Principal of Avendus-owned Ocean Dial AMC) and multiple marquee HNIs.

The growth capital will be channelled towards expanding execution bandwidth across biomass, biogas and waste-to-energy verticals, while aggressively capitalising on high-value international opportunities backed by the surging demand for high-efficiency, large-scale energy infrastructure.

With over 15 years of proven delivery, Enmas EPC has built a diversified revenue base and strong client relationships by executing 700+ MW of power projects and 2,000+ MW in Boilers and Balance of Plant contracts across more than 14 countries. The Company has also expanded into renewable energy, particularly in Bio-CNG/Renewable Natural Gas (RNG) and has executed landmark projects in the USA, Korea, and Thailand. The Company’s global project execution expertise is backed by a leadership team with pedigrees from ABL Babcock, Tata Consulting Engineers, Alstom, and Areva.

Commenting on the fundraise, Mr. Alur Chakrapani, Managing Director of Enmas EPC, said “This capital infusion comes at the perfect time, as global demand for high-efficiency energy infrastructure has never been greater and Enmas EPC is ready to lead from the front. Backed by this strategic investment from our esteemed investors, we will accelerate our global expansion, deliver cutting-edge renewable and thermal projects with unmatched speed and precision, and set new benchmarks for engineering excellence in the energy transition.”

Enmas EPC’s focus remains steadfast on delivering technically advanced, cost-competitive, and sustainable infrastructure solutions, enabling industries to meet rising energy demands with cleaner, more efficient systems. With this strategic capital infusion, the Company is now poised to accelerate its global expansion, redefine execution benchmarks in renewable and thermal power, and cement its position as the partner of choice for large-scale, high-efficiency energy projects worldwide.

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New Delhi [India], August 19: Globe Civil Projects Limited, (NSE – GLOBECIVIL | BSE – 544424), Company engaged in diverse infrastructure and non-infrastructure EPC projects across India, has announced its unaudited results for Q1 FY26.

Key Q1 FY26 Financial Highlights

Key Standalone Financial Highlights 

• Total Income of ₹65.50 Cr

• EBITDA of ₹11.88 Cr

• EBITDA Margin of 18.14%

• PAT of ₹ 5.06 Cr

• PAT Margin of 7.72%

• EPS of ₹1.16

Key Consolidated Financial Highlights 

• Total Income of ₹67.70 Cr

• EBITDA of ₹11.88 Cr

• EBITDA Margin of 17.55%

• PAT of ₹ 5.05 Cr

• PAT Margin of 7.46%

• EPS of ₹1.16

Commenting on the financial performance, Mr. Ved Prakash Khurana, Chairman and Whole-time Director of Globe Civil Projects Limited said, “We are pleased to commence FY26 on a strong note, backed by robust order inflows, disciplined project selection, and timely execution. Operational efficiency was maintained through our integrated EPC capabilities across civil, MEP, HVAC, firefighting, architectural, and structural solutions, while our focus on funded central government projects ensured steady cash flows and reduced working capital risks.

In the last 45 days, the Company has secured new orders worth ~ ₹450 Cr, of which projects worth ~ ₹225 Cr have already commenced. These large wins strengthen our pipeline, support margin expansion, and reflect our ability to directly secure sizable projects instead of through JVs. With an order book of ~ ₹1,000 Cr, and seasonality driving stronger execution in the second half, we remain confident of sustaining growth.

Further, we have strategically streamlined operations by focusing solely on the contractual EPC segment and discontinuing the trading business, with construction now contributing nearly 99% of profits. This positions the Company for sustainable growth and long-term value creation.”

Key Operational Updates

IIT Kanpur Project (Kotak School of Sustainability)	The Company was declared L1 bidder for the ₹61.78 Cr project including Finishing works; water supply sanitary installations, electrical, fire-fighting system, automatic fire alarm & PA system, solar PV system, telephone data system, mechanicalventilation (HVAC) and development works, to be completed within 16 months.
Central University of Punjab Project	The company received a contract worth ₹172.99 Cr from NBCC for construction of academic buildings, hostels, VC residence, and campus development at Bathinda, Punjab, to be completed within 21 months.
International Cricket Stadium, Haryana	The Company received a ₹222.20 Cr Letter of Award from the Haryana Cricket Association for construction of an International Cricket Stadium at Lohat, Jhajjar, to be completed within 24 months.

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Chennai (Tamil Nadu) [India], August 19: Sathlokhar Synergys E&C Global Limited (NSE: SSEGL), Sathlokhar Synergys E&C Global Limited, one of Chennai’s leading EPC players specialising in integrated infrastructure solutions, has announced the receipt of four new project orders with a combined value of ₹366.07 Cr (including GST). These wins reinforce the company’s reputation as a trusted partner for largescale industrial, FMCG and footwear clients, while strengthening its order book and visibility for the coming quarters.

Order 1 Landmark project for Reliance Consumer Products Limited

• Client: Reliance Consumer Products Limited, subsidiary of Reliance Industries Limited and producer of CAMPA Cola beverages

• Contract Value: ₹338.36 Cr (including GST)

• Scope of Work: Execution of Civil and PEB works

• Execution Timeline: February 2026

Order 2 Project with Komatsu India Private Limited (Japan Based)

• Client: Komatsu India Private Limited, the Indian arm of the global construction and mining equipment leader

• Contract Value: ₹10.37 Cr (including GST)

• Scope of Work: Civil works for construction of a canteen building

• Execution Timeline: January 2026

Order 3 New contract from Freetrend Industrial India Private Limited (Taiwan Based)

• Client: Freetrend Industrial India Pvt Ltd, part of Dean Shoes Group (Taiwan), manufacturers of adidas footwear

• Contract Value: ₹4.95 Cr (including GST)

• Scope of Work: Execution of Electrical works

• Execution Timeline: March 2026

Order 4 New contract with Karaikal Iyangars Foods Limited

• Client: Karaikal Iyangars Foods Limited, a regional player in food processing

• Contract Value: ₹12.39 Cr (including GST)

• Scope of Work: Execution of Civil, MEP and PEB works

• Execution Timeline: March 2026

With the addition of these four contracts, Sathlokhar Synergys E&C Global Limited’s order book has risen to ₹1201.59 Cr(excluding GST), scheduled for execution over the next 8 to 10 months. The company also continues to build a robust pipeline of opportunities, with ₹11,393 Cr worth of active bids and a targeted win rate of 12 to 15%.

These order wins highlight the company’s ability to serve marquee names across diverse sectors including beverages, construction equipment, footwear, and food processing. They also strengthen Sathlokhar Synergys’ positioning as a fast growing EPC partner with strong execution capabilities and long term growth visibility.

On the receipt of the orders, Mr. G. Thiyagu, Managing Director of Sathlokhar Synergys E&C Global Limited said, “We are delighted to have secured these prestigious projects across diverse industries, further reinforcing the trust that leading organisations place in our integrated EPC capabilities. These assignments come with challenging timelines and critical responsibilities, and our team is fully committed to delivering them with precision, efficiency and the highest standards of quality and safety.

With these wins, our order book has strengthened to over ₹1201.59 Cr (excluding GST), providing healthy visibility for the coming months. This growth reaffirms our position as a trusted partner in India’s evolving infrastructure landscape and opens new opportunities for us to deepen our presence across multiple sectors while contributing to the country’s broader industrial and economic development.”

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New Delhi [India], August 18: In an exclusive interview with Kaustabh Dhonde, Founder and CEO of AutoNxt Automation, and Pankaj Goyal, Co-founder and COO, share how their company is pioneering the electric tractor revolution in India. 

From cutting farmers’ diesel dependence to integrating AI, IoT, and telematics for smarter operations, AutoNxt is at the forefront of sustainable mechanisation. The duo discusses their vision to transform agriculture with clean technology, the challenges of building India’s first indigenous electric tractor ecosystem, and their plans to expand globally with solutions that make farming more profitable, efficient, and environmentally friendly.

1. AutoNXT has emerged as a pioneer in the electric tractor space. What was the core vision behind building an electric tractor, and how does it address challenges faced by Indian farmers today?

The core vision behind AutoNxt was to advance farm mechanisation through clean and intelligent technology. From the outset, I was driven by the need to provide farmers with a solution that not only reduces their dependence on diesel but also helps increase income, lower operating costs, and improve the health of drivers as well as the environment.

Today, farmers face rising fuel costs, high maintenance expenses, and deteriorating soil and air quality due to emissions. Our electric tractors eliminate diesel costs, require minimal servicing, and produce zero emissions. This not only improves profitability but also ensures long-term ecological sustainability.

2. Your electric tractors integrate advanced technologies like AI, telematics, and IoT. How do these features enhance productivity and operational efficiency in agriculture?

At AutoNxt, our belief is simple: a smarter machine empowers a smarter farmer. By integrating AI, telematics, and IoT, our tractors go beyond mechanical utility and become insight-driven machines.

Farmers can access real-time data on usage, performance, and diagnostics, enabling better planning and minimizing downtime. Features like remote monitoring, predictive maintenance alerts, and energy analytics allow them to achieve more with fewer resources. We’re also piloting autonomous driving features, which will assist in labor-scarce situations and enable precision farming—boosting both productivity and consistency.

3. With India’s EV landscape rapidly evolving, how is AutoNXT navigating government policies, subsidy schemes, and rural electrification to scale adoption?

We’ve been actively involved in policy discussions since before our first tractor launched. Our goal has always been to help the government understand the unique realities of EV adoption in agriculture—from the need for rural charging infrastructure to the specific financial challenges faced by farmers and micro-entrepreneurs.

We’ve worked closely with state and central authorities to shape EV subsidy policies and advocated for the inclusion of electric tractors under schemes like PM e-Drive. At the same time, we’re developing innovative charging solutions—such as shared charging stations at CBG units and solar microgrids—to ensure rural electrification keeps pace with tractor deployment.

4. What are some of the biggest technological and infrastructural challenges you faced in developing electric tractors, and how did your team overcome them?

In the early days, India’s EV ecosystem was still in its infancy. Battery prices were high, supply chains were underdeveloped, and rural charging infrastructure was practically non-existent. To add to that, limited investor understanding of agricultural machinery made fundraising extremely difficult.

We tackled these challenges by focusing on one problem at a time. We built a local R&D team, developed indigenous motor and battery systems tailored for rugged farm conditions, and sourced key components in-house.

Another major challenge was talent for autonomous technology—most of the best minds moved abroad. Over time, we’ve built a strong, purpose-driven team in India, driven by frugal innovation and a shared vision for sustainable farming.

5. Looking ahead, how does AutoNXT plan to expand its product portfolio or reach—both domestically and globally—to revolutionize sustainable farming at scale?

We’ve already launched our 45HP electric tractor, which has gained strong traction across industries and farming clusters. Next, we are introducing a 60HP four-wheel-drive variant and a 25HP model to cater to smaller farms and orchards.

On the technology front, we’re piloting autonomous driving features by the end of this year, targeting both Indian and international markets. We’re also exploring partnerships in Africa and South America, where the demand for sustainable mechanisation is growing rapidly.

Our long-term vision is to build a complete ecosystem of electric farm equipment, supported by robust after-sales service, smart analytics, and efficient energy usage. The aim is to make farming not just sustainable but truly intelligent.

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Chennai (Tamil Nadu) [India], August 18: Orient Green Power Company Limited (NSE – GREENPOWER | BSE – 533263 | INE999K01014), One of India’s leading independent renewable power producers, operating wind farms, has announced its Unaudited Financial Results for Q1 FY26.

Key Financial Highlights

• Total Income: ₹93.17 Cr, YoY growth of 38.56%
• EBITDA: ₹65.92 Cr, YoY growth of 46.39%
• EBITDA Margin: 70.75%, YoY expansion of 378 bps
• Net Profit Before Discontinued Operation (PAT): ₹28.85 Cr, YoY growth of 446.40%
• Net profit Margin: 30.96%, YoY expansion of 2,311 bps

Business Highlights:

• PAT improved by over 400%.
• Y-o-Y growth in turnover and EBITDA by 40%and 46% respectively.
• Entered into an EPC contract for implementation of 7MW solar power project in Tamil Nadu.

Commenting on the performance, Mr. T Shivaraman, Managing Director & CEO, said: “The current quarter has been exceptionally strong in terms of generation. An early onset of the wind season, coupled with consistent wind availability and the resumption of certain windmills following component upgradation, has resulted in an ~40% increase in operating revenues. EBITDA recorded a y-o-y growth of around 46%. Finance costs declined by over 15% due to prompt repayments and improved credit ratings. The proposed 25 MW AC solar project will be developed across multiple locations and executed through multiple EPC contractors to expedite completion.

We expect favourable wind conditions to continue in the second quarter. Together with the commissioning of our upcoming solar project, these factors are expected to deliver stronger returns and improved cash flows.”

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