Category: Business

Mumbai (Maharashtra) [India], May 19: Oorjaa Logistics, a Mumbai-headquartered intra-city logistics platform operated by Yatnavat Technologies Pvt. Ltd., has scaled its urban freight operations to over 3 million products moved daily in mid-mile and more than 50,000 last-mile orders per day. The company now operates across 200 cities, runs through 350 hubs, and manages a network of 16,000 vehicles, serving brands including Zepto, Blinkit, Amazon, Swiggy, Flipkart, Myntra, Meesho, Airtel, Wakefit, and Stanza Living. Alongside its India operations, the company has begun expanding its proprietary technology stack, Datashastra, as a SaaS suite for logistics and inventory management in the Gulf Cooperation Council (GCC) region.

The growth reflects rising demand for specialised intra-city movement — a layer of the supply chain that powers India’s quick commerce economy but has historically been underserved by traditional logistics players built around long-haul freight.

“Cities are the hardest logistics problem in India, and they’ve been treated as an afterthought by an industry built for inter-city movement,” said Sandeep Patil, CEO, Oorjaa Logistics. “Our thesis from day one has been that whoever solves urban freight at scale will define the next decade of Indian commerce. Crossing 3 million products a day in intra-city movement is validation that the model works — and Datashastra is how we take that same operating discipline global.”

At the core of the platform is Optimus, an AI and ML-powered route optimisation engine that processes real-time city data to recommend efficient movement paths. According to internal data, Optimus has delivered up to 20 per cent cost reduction for clients by improving vehicle utilisation and reducing idle time.

The company has built a full operating suite alongside Optimus: Smart Trip for real-time vehicle and trip management, HiSaaB for contract and billing management across clients and vendors, PiE KART for shared cargo movement that has reduced delivery costs for participating clients by up to 60 per cent, and a 24×7 Control Tower that manages SLA adherence — allowing clients to operate at 95 per cent SLA compliance without building in-house transport teams.

Commercially, Oorjaa Logistics operates on a Cost-Per-Unit pricing model rather than asset-based deployment. Clients pay for outcomes, with the company absorbing daily operational variability such as traffic patterns, demand spikes, and vehicle availability. The approach converts logistics into a predictable cost line for quick commerce platforms managing hundreds of dark stores across multiple cities.

“Our customers don’t want to manage fleets — they want guaranteed throughput at a predictable cost,” said Prashant Mohite, COO, Oorjaa Logistics. “The outcome-based model is what unlocks that, and it’s only possible because of the tech stack underneath. Datashastra is the productised version of that stack — and the response from GCC operators has been strong, because the urban density and quick commerce dynamics there mirror what we’ve already solved in India.”

Datashastra, originally built as the internal technology backbone for Oorjaa Logistics, is now offered as a standalone SaaS suite covering logistics orchestration and inventory management. The product is live with operators in the GCC region, marking the company’s first international footprint.

Oorjaa Logistics is backed by Inflection Point Ventures (IPV), Equentis, Finspurt, and Vinners Angel Network. The company was co-founded by Sandeep Patil, Prashant Mohite, Yogesh Parab, and Umesh Singh — a team with combined experience across logistics, supply chain, and enterprise technology.

The platform is now expanding its presence across tier-2 Indian cities, deepening AI investment in dark store replenishment and shared cargo orchestration, and scaling Datashastra’s SaaS footprint across international markets.

About Oorjaa Logistics Oorjaa Logistics (Yatnavat Technologies Pvt. Ltd.) is a technology-powered intra-city logistics platform headquartered in Mumbai, India. It builds an end-to-end operating system for urban freight, serving quick commerce, e-commerce, and enterprise clients across 200+ Indian cities. Its proprietary technology stack, Datashastra, is offered as a SaaS suite for logistics and inventory management in international markets including the GCC region. For more information, visit oorjaa.tech.

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Noida (Uttar Pradesh) [India], May 19: Nukleus Office Solutions Limited, a leading provider of co-working spaces and managed office solutions, announced its financial results for H2 FY26 and FY26 ended March 31, 2026. The Company currently operates across 25 centers with a portfolio under management of approximately 7.39 lakh sq. ft., maintaining healthy occupancy levels of around 85%.

Financial Performance Highlights

Particulars (In ₹ Lakhs)	H2 FY26	H2 FY25	YoY Growth	FY26	FY25	YoY Growth
Total Income	1,888.35	1,451.20	30.12%	3,619.41	2,884.24	25.49%
EBITDA	507.87	375.76	35.16%	917.34	664.18	38.12%
PAT	97.2	114.38		213.53	206.21

Operational Highlights During FY26

• Continued expansion across key commercial micro-markets in Delhi NCR
• Increased enterprise demand for managed office solutions
• Strengthened occupancy levels across operational centres
• Enhanced technology integration through AI-powered customer engagement and operational tools
• Continued focus on scalable and asset-light growth strategy

Expansion of Workspace Portfolio

During FY26, the Company continued to expand its workspace infrastructure across strategic commercial locations.

Key Operational Centres

• Flagship Centre, Noida Sector 142: 95,085 sq. ft. 
• Logix Cyber Park, Noida Sector 62: 28,717 sq. ft.
• NSL, Noida Sector 144: 44,000 sq. ft.
• IFFCO Tower, Gurugram: 24,563 sq. ft.
• Prestige Blue Chip Software Park, Bengaluru: 20,246 sq. ft.

Managed Office Infrastructure

The Company further strengthened its managed office vertical through operations at:

Barakhamba Tower, Connaught Place

Pegasus One, Gurugram

Skymark One, Noida

Thapar House, Janpath

Upcoming Expansion Pipeline

Nukleus continues to maintain a strong expansion pipeline focused on premium commercial micro-markets.

Upcoming Projects Include:

• C3, Noida: 1,15,000 sq. ft.
• Wave One, Noida: 57,455 sq. ft.
• Shivaji Stadium Metro Station, Connaught Place: 23,169 sq. ft.

These developments are expected to strengthen the Company’s operational scale, enterprise reach, and long-term revenue visibility.

Technology & Operational Excellence

During FY26, the Company continued to strengthen its technology-driven operational framework.

Key Technology Initiatives

AI & Customer Engagement	Operations & Monitoring
AI-powered voice assistance for customer engagement and lead management	Asset management automation platform
Client mobile application for booking and service management	Executive Information System (EIS) for operational monitoring
Smart inventory management system for seat optimization	Real-time dashboards and SOP-driven execution framework

These initiatives continue to improve operational efficiency, customer experience, and scalability.

Management Commentary

Commenting on the performance, Mr. Nipun Gupta, Managing Director of Nukleus Office Solutions Limited, said:

“FY26 marked an important phase of growth and consolidation for Nukleus Office Solutions as we continued to scale our workspace portfolio and strengthen our presence across key commercial hubs. During the year, Total Income increased by 25.49% YoY to ₹3,619.41 Lakhs, while EBITDA grew by 38.12% YoY to ₹917.34 Lakhs, reflecting improved operating leverage and execution efficiencies. Profit After Tax for FY26 stood at ₹213.53 Lakhs.

Our performance during H2 FY26 remained encouraging, with Total Income rising by 30.12% YoY to ₹1,888.35 Lakhs and EBITDA increasing by 35.16% YoY to ₹507.87 Lakhs. This growth was primarily supported by healthy occupancy trends, increasing demand for managed office solutions, and expansion across flexible workspace formats.

During the year, Fixed assets grew by 160.71% YoY to ₹3,525.36 Lakhs, driven by continued investments in workspace infrastructure, technology platforms, and managed office expansion initiatives aimed at strengthening long-term operational capabilities.

India’s office real estate market continues to benefit from strong enterprise demand, GCC(Global Capability Centers) expansion, and the growing adoption of hybrid work models. In this environment, we believe our asset-light business model, diversified workspace offerings, and technology-led operational approach position us well to capture emerging opportunities in the sector.

As we move ahead, our focus remains on scaling enterprise-led managed office solutions, improving operational productivity, expanding into strategic micro-markets, and enhancing customer experience through technology integration. Nearly a year after listing on the BSE SME platform, we believe Nukleus is steadily strengthening its operational and financial foundation while remaining well-positioned to capitalize on long-term opportunities in the evolving flexible workspace industry.”

About The Company

Nukleus Office Solutions Limited is a co-working and managed office space provider offering a wide range of fully furnished, flexible workspace solutions across the Delhi-NCR region.

The Company’s offerings include dedicated desks, private cabins, meeting rooms, innovative workspaces, startup zones, and virtual office services, catering to a diverse customer base comprising startups, SMEs, large enterprises, professionals, and entrepreneurs.

Nukleus provides fully serviced and managed office solutions for enterprises, with capacities ranging from 50 to 500 seats, enabling scalability and operational flexibility.

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.

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Mumbai (Maharashtra) [India], May 19: Q-Line Biotech Limited is an Indian in-vitro diagnostics (IVD) and healthcare solutions company engaged in manufacturing and supplying diagnostic reagents, rapid test kits, molecular diagnostics, pathology equipment, and related consumables used by hospitals, laboratories, and healthcare institutions across India. Proposes to open its Initial Public Offering on May 21, 2026, aiming to raise ₹ 214.48 Crores (at upper price band) with shares to be listed on the NSE Emerge platform.

The issue size is 62,53,200 equity shares with a face value of ₹ 10 each with a price band of ₹ 326 – ₹ 343 Per Share. 

Equity Share Allocation

• QIB Anchor Portion – Up to 17,81,200 Equity Shares
• Net QIB – Up to 11,88,000 Equity Shares 
• Non-Institutional Investors – Not Less Than 8,91,600 Equity Shares
• Individual Investors – Not Less Than 20,79,200 Equity Shares
• Market Maker – 3,13,200 Equity Shares 

The net proceeds from the IPO will be utilized to meet working capital, repayment of certain borrowings, and the general corporate purposes. The anchor bidding is on Wednesday, May 20, 2026. The issue will open on Thursday, May 21, 2026, and will close on Monday, May 25, 2026.

The Book Running Lead Manager to the Issue is HEM Securities Limited & Share India Capital Services Private Limited, and the Registrar is Purva Sharegistry (India) Private Limited. 

About Q-Line Biotech Limited:

Q-Line Biotech Limited is engaged in the business of developing, manufacturing, and marketing a diverse range of reagents (including kits and POC devices) & consumables, and manufacturing, importing, distributing/supplying diagnostic equipment for different diagnostic healthcare needs. The company supplies diagnostic equipment and IVD products for different diagnostic healthcare needs since 2013 directly or through its distributor/s majorly to diagnostic service providers, hospitals and medical colleges. The company has established its brands over a period of 12 years through its experience, R & D, manufacturing capabilities, and quality assurance. The core segments of operations of the company in the IVD Industry include Clinical Chemistry, Haematology, Immunodiagnostics, Molecular Diagnostics, and Others (POC Devices & Rapid Tests).

The key manufacturing segments include indigenous manufacturing of reagents and supplying/manufacturing of in-vitro diagnostics (IVD), Pathology equipment’s & devices. Further, during the Covid-19 pandemic, the company diversified its focus and, with the technical collaboration of third-party institutes and through its own R&D team, developed a range of Covid testing kits, viz. RT-PCR Kits, RNA Extraction Kits, VTM Kits, etc.

In FY25, the Company achieved a Revenue of ₹ 31,378.04 Lakhs, EBITDA of ₹ 7,132.12 Lakhs & PAT of ₹2,813.09Lakhs. 

For the nine-month period ended December 2025, the Company achieved a Revenue of ₹ 23,242.03 Lakh, EBITDA of ₹6,422.98 Lakh & PAT of ₹3,869.39 Lakh.

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Rajkot (Gujarat) [India], May 19: Captain Polyplast Limited (CPL, BSE: 536974), one of the leading manufacturers and exporters of micro irrigation solutions, with a diversified presence in the solar EPC market, is pleased to announce the receipt of an order for 500 solar pumps under the PM KUSUM B scheme from MSEDCL, with an aggregate order value of ₹11.8 Cr (inclusive of GST).

The receipt of this order from MSEDCL marks a meaningful addition to Captain Polyplast Limited’s solar EPC order book, further validating the Company’s capabilities in delivering large-scale solar pumping solutions to farmers. Aligned with the Government of India’s PM-KUSUM scheme, this order enhances revenue visibility and supports steady growth in the solar pump segment, contributing to a more diversified business mix.

Commenting on the order win

Mr. Ritesh Khichadia, a Whole Time Director of Captain Polyplast Limited, said:

“We are delighted to receive this order from MSEDCL, which is a testament to the trust that government utilities are placing in our solar EPC capabilities. Solar water pumping is a high-priority segment under national policy initiatives, and we have been steadily building our execution capabilities to capture such opportunities.

We remain committed to delivering quality solutions on time and creating sustainable value for all our stakeholders. With a strong distribution network, favourable policy tailwinds, and an expanding solar EPC order book, we are well-positioned to accelerate our growth trajectory in the years ahead.”

About Captain Polyplast Limited

Captain Polyplast Limited is one of the leading players in the micro-irrigation industry, specializing in the manufacturing and export of equipment for a diverse range of agricultural applications. Established in 1997, the Company leverages over 25 years of expertise and operates manufacturing facilities in Rajkot (Gujarat) and Kurnool (Andhra Pradesh). It has built a strong distribution network spanning 16 states across India and exports to markets in Africa, Latin America, and the Middle East.

In recent years, CPL has diversified into the fast-growing solar EPC segment, focusing on solar water pumping systems and rooftop solar solutions, supported by strong government initiatives such as the PM-KUSUM scheme. The Company has also partnered with Indian Oil Corporation Limited (IOCL) for polymer product marketing in Gujarat, further strengthening its business portfolio.

The Ahmedabad plant, which has now commenced operations, spans ~70,000 sq. ft. and is expected to enhance manufacturing efficiency and profitability by enabling in-house production of critical components, thereby improving capacity utilization.

Looking ahead, CPL aims to increase the share of commercial sales, including non-subsidy micro-irrigation, PVC pipes, and exports, to optimize working capital. It also plans to expand its domestic and international footprint, while growth in the solar EPC vertical is expected to diversify the revenue mix further.

With a strong focus on strategic partnerships, operational excellence, and product quality, CPL is well-positioned to enhance its manufacturing capabilities and strengthen its leadership in the micro-irrigation and renewable energy sectors.

In FY25 (Consolidated), Captain Polyplast Limited reported Total Income of ₹ 289.77 Cr, EBITDA of ₹ 35.11 Cr, and a net profit of ₹ 31.32 Cr.

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New Delhi [India], May 19: Global Capability Centers have entered a new phase. What began as cost optimization hubs has now evolved into strategic engines for innovation, digital transformation, and AI-led growth. According to industry estimates, India hosts over 1,500 GCCs employing more than 1.5 million professionals, contributing significantly to global enterprise operations. The next evolution is already underway. It is the rise of micro GCCs, and TENCYS is playing a defining role in shaping this model.

Led by Anil Mishra, TENCYS brings a sharp, execution-driven perspective to building high-value, lean capability centers that are aligned with business outcomes from day one.

A Deep Understanding of TENCYS’ Talent Fabric

TENCYS’ advantage is no longer limited to scale. It is about the diversity and specialization of its talent pool. TENCYS has built its strategy on diverse vetted partner network.

While cities like Bangalore, Hyderabad, and Pune remain global technology anchors, a new wave of high-quality talent is emerging from cities such as Bhubaneswar, Indore, Ahmedabad, and Kochi. These ecosystems offer strong academic pipelines, lower attrition rates, and increasing exposure to global delivery standards.

TENCYS leadership has first-hand experience in building and operating capability centers across consulting, advanced analytics, AI innovation, and Industrial IoT. This is not a theoretical positioning. The team has built internal platforms, managed global delivery teams, government partnerships and scaled multi-location operations. This experience allows TENCYS to move beyond hiring and infrastructure. It focuses on designing capability architectures.

Not just centralizing teams, TENCYS offers distributed capability nodes. A data engineering team may operate from Pune, AI research from Bangalore, and process operations from Bhubaneswar. This model improves resilience, reduces cost pressure, and ensures access to niche skills without overdependence on a single geography.

Why the TENCYS Micro GCC Model Is Gaining Global Relevance

Enterprises today need faster outcomes with tighter cost control, but traditional GCC enablers often come with high costs and rigid contracts that limit flexibility. This makes it difficult for organizations to adapt, scale, or exit when needed.

TENCYS addresses this with a micro GCC model built on flexibility and cost efficiency. It enables enterprises to start with small, high-impact teams aligned to specific business goals, without heavy upfront investment or long-term lock-ins.

What sets TENCYS apart is its role as a strong handholding partner in the Indian ecosystem. It manages talent, operations, and delivery, allowing global leaders to stay focused on innovation and growth.

The result is a lean, low-risk model that delivers faster value and greater control, making it increasingly relevant for modern enterprises.

Built Operate Transfer as a Strategic Enabler

The success of TENCYS in delivering micro GCCs is strongly anchored in its Built Operate Transfer model.

Build phase
TENCYS consulting begins with a business-first approach. It aligns the GCC design with enterprise goals, identifies the right mix of locations, and builds teams that combine technical expertise with domain understanding. Speed is a critical factor. GCCs are set up rapidly without compromising on quality.

Operate phase
This is where TENCYS creates differentiation. The company brings its own delivery frameworks, quality processes, and AI-driven operational models into the GCC. With deep expertise in analytics, digital engineering, and enterprise platforms, TENCYS ensures that the center starts delivering value early.

TENCYS experience across industries including healthcare, manufacturing, and retail strengthens its ability to deliver context-driven outcomes.

Transfer phase
Once the GCC achieves operational maturity, TENCYS transitions the center to the client. The transition is structured, seamless, and designed for long-term sustainability. Clients receive a fully functional capability center with aligned teams, established processes, and embedded culture.

This model significantly reduces risk for global enterprises. It removes the complexity of setting up and scaling operations in a new geography while ensuring high-quality execution.

Value Creation at the Core

TENCYS approaches GCCs with a clear philosophy. Value creation comes before scale.

Micro GCCs built by TENCYS are designed to deliver:

• Faster time to value through lean and focused teams
• Higher productivity using AI-enabled workflows
• Lower operational costs through distributed talent strategies
• Stronger innovation outcomes driven by specialized capabilities

This approach is particularly relevant in today’s environment where enterprises are balancing cost optimization with innovation mandates.

TENCYS also integrates its broader strengths into GCC delivery. With capabilities in AI, cybersecurity, analytics, and enterprise platforms, the company ensures that micro GCCs are not isolated units. They become integrated engines of transformation.

A Global Perspective with Local Execution Strength

TENCYS operates with a global mindset while leveraging India’s deep talent advantage. Its leadership experience in building products, scaling operations, and delivering enterprise solutions gives it a strong foundation to serve international clients.

The company’s focus on responsible AI, process-driven delivery, and business-first thinking positions it as a strategic partner rather than a traditional vendor.

The Future of GCCs Is Lean and Outcome Driven

The GCC landscape is evolving rapidly. Enterprises are looking for flexibility, speed, and measurable outcomes. Large, monolithic setups are giving way to agile, modular models.

TENCYS is at the forefront of this shift. By combining distributed talent strategies with a disciplined execution model, it is building micro GCCs that deliver serious business value.

As global organizations rethink their operating models, micro GCCs will become a critical lever for transformation. TENCYS is not just participating in this change. It is helping define it.

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Pune (Maharashtra) [India], May 19: S A Tech Software India Limited, a leading IT consulting and digital engineering services company, announced its Audited Financial Results for H2 FY26 & FY26.

The Company delivered a healthy performance during FY26, supported by strong demand for digital engineering, cloud transformation, and data-driven solutions. Growth was driven by increased client spending on technology modernization, expansion in global markets, and continued focus on innovation-led service offerings.

During H2 FY26, the Company also strengthened its position in the GCC enablement space by successfully supporting global enterprises in establishing and scaling their India operations. A notable milestone was the successful enablement of Axiado Corporation’s India GCC, reinforcing SA Tech’s growing capabilities in GCC setup, engineering talent scaling, operational integration, and long-term technology partnerships.

Key Financial Highlights – 

• H2 FY26 Highlights
• Total Income: ₹6,354.54 Lakhs
• EBITDA: ₹608.14 Lakhs
• Profit After Tax (PAT): ₹280.63 Lakhs
• FY26 Highlights
• Total Income: ₹11,362.35 Lakhs
• EBITDA: ₹699.37 Lakhs
• Profit After Tax (PAT): ₹216.74 Lakhs

Management’s comment:

Manij Joshi, Founder and CEO, commented:

“FY26 marked an important growth journey for SA Tech Software India Ltd, where the Company transitioned from a steady H1 to a significantly stronger and more scalable H2 performance.

H2 FY26 reflected the impact of focused execution, stronger client relationships, improved delivery efficiencies, and a sharper operational strategy. The Company reported Total Income of ₹6,354.54 Lakhs, EBITDA of ₹608.14 Lakhs, and PAT of ₹280.63 Lakhs during H2 FY26 — demonstrating a meaningful improvement across all key financial parameters over H1 FY26.

Beyond financial performance, H2 also represented a strategic milestone as we strengthened our order pipeline across digital engineering, cloud transformation, data-driven services, and GCC enablement through new client wins and deeper engagement with existing customers.

The successful enablement of Axiado Corporation’s India GCC during the period further highlights our growing expertise in supporting global enterprises with scalable engineering ecosystems, talent expansion, and operational excellence in India.

Entering FY27, we believe the Company is positioned on a much stronger foundation with healthy demand visibility, an expanding order book, growing GCC opportunities, and improving business momentum. We remain optimistic that the strong H2 trajectory will continue into H1 FY27 and beyond.”

About S A Tech Software India Limited

S A Tech Software India Limited is an IT consulting and digital engineering services company, offering solutions across cloud, data analytics, enterprise applications, and software development. The company serves a diverse global client base, focusing on delivering scalable, innovative, and technology-driven solutions.

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

Hafele Zenith Digital Lock

New Delhi [India], May 18: Hafele, a German brand known for its architectural hardware and kitchen fittings, presents the Zenith Digital Lock designed to deliver enhanced security through intuitive smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends seamlessly into modern interiors while offering a refined, tech-enabled access experience.

At the core of the Zenith Digital Lock are its smart technologies that elevate everyday convenience. The Smart Password feature ensures secure access with added protection against password tracing, while Smart Voice provides guided assistance for smooth and user-friendly operation. Additionally, Smart Freeze acts as a safety mechanism by temporarily disabling access after multiple incorrect attempts, reinforcing security and control.

Complementing these are multiple locking modes that adapt to different usage needs. The Auto Locking Passage Mode ensures the door locks automatically after every use, while the Locking Privacy Mode secures the space from inside without external access. The Double Locking Mode adds an extra layer of security, and the Authentication Mode allows controlled entry through verified credentials. Together, these features make the Zenith Digital Lock a dependable and intelligent solution for modern homes.

Log onto https://www.hafeleindia.com/en/info/service/contact-us/ to find the nearest Hafele showroom or design Centre.

Established as a wholly owned subsidiary of HäfeleGlobal network, HäfeleIndia has been operating in India since 2003. An authority in the field of architectural hardware, furniture and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces positioning itself as a complete solution provider for interior solutions in India and South Asia. HäfeleIndia has a strong nation-wide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop-shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

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 Hafele Astute Corner Storage Solution

New Delhi [India], May 18: Hafele, a German brand known for its architectural hardware, furniture fittings, and kitchen solutions, presents the Astute Corner Storage Solution designed to transform underutilised kitchen corners into efficient and ergonomic storage spaces. Thoughtfully crafted, this solution optimises available space while enhancing everyday functionality, helping homeowners get more value per square metre.

The Astute Corner Storage Solution offers a versatile design that integrates seamlessly into contemporary kitchens. Available in Chrome and Metallic Anthracite finishes, it complements a wide range of interior styles. The metallic anthracite finish pairs especially well with Hafele’s MatrixBox Premium Plus Drawer Systems, ensuring a cohesive and refined look across the kitchen.

Designed for easy access, the unit features a patented motion mechanism that brings the entire storage system outward with a single smooth operation. Equipped with four baskets, it provides ample space for organising pots, pans, and everyday essentials. The ergonomic design allows the baskets to extend out of the cabinet, making every item easily accessible while eliminating the inconvenience of reaching into deep corners.

Established as a wholly owned subsidiary of Hafele Global Network, Hafele India has been operating in India since 2003. An authority in the field of architectural hardware, furniture, and kitchen fittings and accessories, the company also has a strong presence in synergized product categories like Home Appliances, Interior and Furniture Lighting, Sanitary Solutions, and Surfaces, positioning itself as a complete solution provider for interior solutions in India and South Asia. Hafele India has a strong nationwide presence through its offices and design showrooms spread across the country. The showrooms function as a one-stop shop for all home interior and improvement needs – from providing in-depth technical advice to kitchen and wardrobe designing services through a team of experts.

Log onto https://www.hafeleindia.com/en/info/service/contact-us to find the nearest Hafele showroom or design centre.

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New Delhi [India], May 18: Suntech Infra Solutions Limited (NSE: SUNTECH), one of the leading B2B civil construction and infrastructure services providers, announced its Audited Financial Results for H2 FY26 & FY26

H2 FY26 Highlights

• Total Income stood at ₹11,020.21 Lakhs 
• EBITDA stood at ₹2,456.07 Lakhs with EBITDA Margin of 22.29% 
• PAT stood at ₹1,072.80 Lakhs with PAT Margin of 9.73% 

FY26 Highlights

• Total Income stood at ₹17,916.16 Lakhs 
• EBITDA stood at ₹3,822.09 Lakhs with EBITDA Margin of 21.33% 
• PAT stood at ₹1,375.25 Lakhs with PAT Margin of 7.68%

Other Key Highlights:

·FY26 Total Income increased 16% YoY to ₹17,916.16 Lakhs driven by strong demand in infrastructure execution and equipment hiring operations 

·PAT grew 14% YoY to ₹1,375.25 Lakhs reflecting operational resilience despite higher finance and depreciation costs associated with business expansion 

·Hiring Business revenue increased to ₹1,632.61 Lakhs in FY26 while Job Work business contributed ₹15,994.76 Lakhs, demonstrating diversified revenue streams across infrastructure operations 

·The Company maintained healthy execution momentum across civil construction and infrastructure development projects during FY26

Commenting on the performance, Mr. Gaurav Gupta, Director, Suntech Infra Solutions Limited, stated:“Our performance during FY26 reflects the Company’s strong execution capabilities and sustained momentum across both Hiring and Job Work business segments. The infrastructure and construction sector continues to offer significant long-term opportunities, supported by increasing investments in infrastructure development across the country. Our focus remains on improving operational efficiencies, strengthening our equipment base, and enhancing execution capabilities to cater to growing project requirements. We have also continued deploying IPO proceeds towards working capital requirements and acquisition of construction equipment, which will further strengthen our operational capacity and support scalable growth in the coming years.With a healthy order pipeline, diversified business model, and strong industry outlook, we remain confident of sustaining our growth momentum while creating long-term value.”

About Suntech Infra Solutions Limited:

Suntech Infra Solutions Limited is a B2B construction and infrastructure solutions company engaged in civil construction, turnkey foundation works, and construction equipment rental services. The Company has executed projects across sectors such as Power, Oil & Gas, Steel, Cement, Renewable Energy, Refineries, Process Plants, and Infrastructure. Suntech is led by a highly experienced management team and has built strong capabilities in piling, foundation engineering, bridge works, and industrial structures.

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Kolkata (West Bengal) [India], May 18: Dar Credit & Capital Ltd.  an NSE-listed Non-Banking Financial Company (NBFC), today announced its audited financial results for the financial year ended 31 March 2026, delivering a year marked by strong financial performance, accelerated business expansion, enhanced operational capabilities and significant strengthening of its capital structure.

The Company continued to reinforce its position as a fast-growing financial institution focused on financial inclusion, sustainable lending and disciplined execution across underserved and emerging markets in India.

Driven by strong demand across its lending portfolio, strategic geographic expansion and prudent risk management practices, DCCL reported healthy year-on-year growth across key financial and operational parameters during FY2025–26.

Financial & Operational Highlights – FY2025–26

Operational Snapshot (as on 31 March 2026)

• Presence across 6 states — West Bengal, Bihar, Jharkhand, Rajasthan, Madhya Pradesh and Gujarat 
• 35 operational branches across urban, semi-urban and rural markets 
• Continued expansion of customer reach with focus on financial inclusion and responsible lending 
• Sustained emphasis on portfolio quality, operational efficiency and governance excellence 

Key Financial Highlights

• Assets Under Management (AUM): ₹229.55 crore(Growth of 34.95% YoY)
• Total Income: ₹50.05 crore(Growth of 20.92% YoY)
• Profit After Tax (PAT): ₹10.13 crore(Growth of 43.89% YoY)
• Net Worth: ₹103.85 crore(Growth of 41.25% YoY)
• Earnings Per Share (EPS): ₹7.45(Growth of 5.82% YoY)
• EBITDA: ₹34.69 crore(Growth of 18.55% YoY)
• Return on Equity (ROE): 11%

The Company’s consistent growth trajectory reflects the strength of its business model, prudent underwriting framework and ability to scale operations while maintaining financial discipline.

Strategic Milestones Achieved During FY2025–26

Successful Capital Raising & Balance Sheet Strengthening

During the year, DCCL undertook multiple strategic initiatives to strengthen its liability profile and enhance long-term growth capabilities.

Key initiatives included:

• Achieved successful listing of the Company on the NSE Emerge Platform by raising an aggregate amount of ₹2,565.60 lakhs through the issuance of 42,76,000 Equity Shares (face value ₹10 each) at ₹ 60 each.
• Successful fund raise of ₹61 crores through issuance of Non-Convertible Debentures (NCDs) during FY 2025–26.
• Continued engagement with banks, financial institutions and capital market participants to diversify funding sources and optimize borrowing costs.
• Strengthening of the Company’s capital base to support future expansion and scale lending operations efficiently.

These initiatives are expected to significantly enhance DCCL’s ability to accelerate growth while maintaining a prudent and resilient balance sheet structure.

Strengthening Market Leadership

As a listed NBFC, DCCL remains committed to building a scalable, technology-enabled and governance-driven lending franchise.

The Company continues to focus on:

• Expanding access to credit across underserved customer segments 
• Strengthening branch-led distribution capabilities 
• Leveraging technology-driven processes for operational efficiency and customer service excellence 
• Maintaining disciplined credit assessment and portfolio monitoring standards 
• Enhancing stakeholder confidence through transparency, compliance and strong corporate governance practices

Management Commentary

Commenting on the Company’s annual performance, Ramesh Kumar Vijay, Chairman, Dar Credit & Capital Ltd., said:

“FY2025–26 has been a transformational year for Dar Credit & Capital Ltd. The Company has delivered strong financial performance while simultaneously strengthening its operational foundation and expanding its market presence.”

“Our sustained growth in AUM, profitability and net worth reflects the resilience of our business model and the dedication of our team. The successful capital raising initiatives undertaken during the year demonstrate growing confidence from investors, lending institutions and stakeholders in DCCL’s long-term vision and growth potential.”

“As we move into the next phase of expansion, we remain focused on disciplined execution, responsible lending, technological advancement and sustainable value creation for all stakeholders.”

Outlook

India’s financial services and NBFC sector continues to present significant long-term growth opportunities, particularly in underserved and underpenetrated credit markets.

DCCL remains well-positioned to capitalize on these opportunities through:

• Geographic expansion into high-growth markets 
• Strengthening of digital and technology infrastructure 
• Diversification of funding relationships 
• Continued focus on portfolio quality and operational efficiency 
• Commitment towards advancing financial inclusion across India 

The Company remains confident of sustaining its growth momentum while maintaining a balanced approach towards profitability, governance and risk management.

About Dar Credit & Capital Ltd.

Dar Credit & Capital Ltd. is an NSE-listed Non-Banking Financial Company (NBFC) incorporated in 1994 and registered with the Reserve Bank of India.

Headquartered in Kolkata, the Company provides credit solutions focused on emerging and underserved customer segments across India. Through its expanding branch network, disciplined lending practices and strong governance framework, DCCL continues to build a scalable and sustainable financial services franchise.

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