Category: Business

Chennai (Tamil Nadu) [India], February 09: SEPC Limited (NSE: SEPC | BSE: 532945), one of India’s leading Engineering, Procurement and Construction (EPC) companies with a diversified presence across Water & Municipal Services, Roads, Industrial Infrastructure, and Mining, has announced its Unaudited Financial Results for Q3 & 9M FY26.

 Key Financial Highlights

9M FY26 Consolidated Financial Highlights

• Total Revenue of ₹ 796.89 Cr, YoY growth of 53.28%
• EBITDA of ₹ 83.60 Cr, YoY growth of 10.96%
• Net Profit of ₹ 39.81 Cr, YoY growth of 168.66%
• Net Profit Margin (%) of 5.00%, YoY growth of 215 Bps
• EPS (Diluted) of ₹ 0.22, YoY growth of 120.00%

Q3 FY26 Consolidated Financial Highlights

• Total Revenue of ₹342.07 Cr, up 114.12% YoY and 36.27% QoQ
• EBITDA of ₹29.66 Cr, down 1.53% YoY and up 22.64% QoQ
• Net Profit of ₹14.96 Cr, up 236.62% YoY and 80.28% QoQ
• Net Profit Margin at 4.37%, up 159 bps YoY and 107 bps QoQ
• Diluted EPS of ₹0.08, up 166.67% YoY and 100% QoQ

Commenting on the performance Mr. Venkataramani Jaiganesh, Managing Director of SEPC

Limited, said: “We are encouraged by the consistent progress SEPC continues to deliver across its diversified project portfolio. The period reflects focused execution on ongoing projects, tighter operational controls, and improving coordination across business verticals.

Our growing footprint in core infrastructure segments such as water, transportation, mining, and industrial projects reinforces our confidence in the underlying strength of the business. Recent project wins and scope expansions highlight our technical capabilities, execution track record, and the trust placed in us by clients in India and international markets.

Looking ahead, our focus remains on disciplined growth, timely project delivery, and prudent risk management. With improved project visibility and a strong pipeline, SEPC is well positioned to sustain momentum and drive long-term, stable business growth.”

Recent Key Business Highlights

MOIL Vertical Shaft Project

• Wins ₹230 Crore Turnkey Order from MOIL Limited for 3rd Vertical Shaft at Chikla Mine.
• Scope covers Engineering, Civil Works, Equipment Installation, and Commissioning.

Railway EPC Order Win

• Secured a ₹269.69 crore railway EPC sub-contract under the Ajmer-Chanderiya Doubling Project.

Coal Mining Project

• Associated with the JARPL–AT Consortium for the Rampur Batura Opencast Coal Mine Project with an aggregate order value of ~₹3,300 crore.

Successful Settlement and Project Expansion

• Successfully settled all arbitration claims with Hindustan Copper Limited.
  
• Received ₹30.45 crore as full and final settlement.
• Additionally awarded a ₹72.55 crore supplementary work order for the ongoing project.

Airport Infrastructure Project

• SEPC–Furlong JV received an LoA worth ₹86 crore for the Bihta Airport civil enclave project, Patna
• Awarded by JSC IA Vozrozhdenie India Private Limited.
• Scope includes integrated terminal building, utility structures, elevated road, electro-mechanical works, airport and security systems

International Order – UAE

• Secured an order worth AED 35 million (~₹85 crore) through UAE arm SEPC FZE under the ADOC framework.
• Scope includes ESD, Nitrogen Generation, and PAGA systems at Mubarraz Island, UAE

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Mumbai (Maharashtra) [India], February 09: Cupid Limited (Cupid, The Company), Mr. Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid Limited, has increased his equity stake in the company through a market purchase of 6,46,513 shares on 5 February 2026. The acquisition represents 0.24 percent of the company’s total equity.

Following this transaction, Mr. Halwasiya’s personal shareholding in Cupid Limited has increased to 32.82 percent. Consequently, the aggregate shareholding of the promoter and promoter group now stands at 45.80 percent.

This strategic increase in shareholding reflects the promoter’s continued confidence in the company’s long-term strategy, business fundamentals, and growth potential. The purchase of additional shares from the open market demonstrates a strong commitment to the company’s future and reinforces belief in its ability to deliver sustained value over the long term.

About The Company

Established in 1993, CUPID Limited, India’s premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG Products. The company operates with a strong commitment to public health and well-being, maintaining ethical business practices aligned with international standards.

In alignment with its strategic growth plans, the company has recently expanded its product offerings to include Fast-Moving Consumer Goods (FMCG) such as fragrance products (Eau De Perfumes, Deodorants, Pocket Perfumes), personal care items (Toilet Sanitizers, Hair & Body Oils, Hair Removal Sprays, Face Wash), and other wellness solutions.

In March 2024, the company completed a strategic land acquisition in Palava, Maharashtra, enabling it to amplify its production capacity. As a result, the annual production capacity will be augmented by approximately 770 million male condoms and 75 million female condoms.

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New Delhi [India], February 09: Twirtles, a new-age healthy snacking brand, announced the launch of Superpuffs, positioning it as India’s first range of protein chips fortified with essential vitamins and minerals. The product was unveiled at an official launch event attended by industry stakeholders, retail partners and members of the food innovation ecosystem, marking the brand’s entry into the fast-evolving functional snacking space.

A key moment at the event was the formal launch of Superpuffs by Padma Shri Dr. Arvind Lal, Executive Chairman of Dr Lal PathLabs. The gathering included participants from the startup ecosystem, as well as the health and nutrition sector and select industry representatives. It reflected Twirtles’ aim to present Superpuffs as a science-backed option within the mainstream snacking category.

• New range combines high protein with essential micronutrients to tackle nutritional gaps in everyday snacking habits.
• Clean-label formulation developed by a young Indian brand focused on modern, health-conscious consumers.
• Product officially unveiled at a launch event attended by industry and retail stakeholders.

The launch comes at a time when urban Indian consumers are rethinking everyday food choices, particularly snacks that often deliver on taste but fall short on nutrition. Superpuffs was developed to address this gap, combining high protein content with targeted micronutrient fortification across flavours.

According to the company, each Superpuffs variant includes a selected mix of vitamins and minerals aimed at addressing common dietary gaps, while maintaining the taste and texture of regular chips. The brand also highlights its clean-label positioning, with an emphasis on straightforward ingredients and transparent product information.

Superpuffs is the outcome of an extended in-house research and development effort by Twirtles, a young Indian brand that has built its portfolio around everyday snack formats such as chips and makhana. The company said the product went through multiple formulation cycles to balance protein levels, micronutrient stability and taste, a combination that has historically been difficult to achieve in the puffed snacks category.

“Snacking habits in India have changed faster than the products on shelves,” said Arjun Veer Singh, Co-founder, Twirtles. “We saw a clear gap between what people enjoy eating and what their bodies actually need. Superpuffs was created to bridge that gap. It delivers high protein, essential vitamins and minerals, and a flavour profile that does not feel like a compromise. For us, this is not an extension of an existing line, but the start of a new category.”

His co-founder Pawanjot Singh said the focus was to build a product for long-term relevance rather than a short-term trend. “We are building Twirtles for modern Indian consumers who read labels, care about ingredients, and still want their snacks to taste familiar and satisfying. Superpuffs reflects how we think about product innovation, with nutrition, clean formulation and scale in mind from day one,” he said.

With Superpuffs, Twirtles is seeking to position itself in a segment that is increasingly crowded with low-calorie or baked alternatives but still thin on products that combine protein fortification and micronutrients in a mainstream snack format. Industry analysts note that protein chips remain a niche in India, often priced at a premium and limited in flavour variety, leaving room for brands that can balance accessibility with functional benefits.

Twirtles plans to roll out Superpuffs across key urban markets in the coming months through modern trade and online channels, alongside its existing product portfolio. It will continue to invest in product development as it looks to expand into adjacent categories within healthy snacking.

About Twirtles

Twirtles is a new-age healthy snacking brand under Deccan Food Ventures LLP, focused on creating clean, innovative snacks that balance taste and nutrition. The brand was founded to rethink snacking by offering products that are tasty, nutritious, and suited to on-the-go lifestyles. It emphasizes thoughtful product development, clean ingredients, and formats that fit seamlessly into daily life.

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Bengaluru (Karnataka) [India], February 09:KRAFTON, Inc. today announced the company’s largest Shareholder Return Program.

• KRW300 billion to be returned in dividend payouts; at least KRW 700 billion in shares to be repurchased and canceled
• Initial KRW200 billion share buyback to commence on February 10.

On February 9, KRAFTON’s Board of Directors authorized a Shareholder Return Program for 2026-2028, under which a minimum of KRW 1 trillion will be returned to shareholders over the next three years. This is more than a 44% increase compared to the previous three-year program, which totaled KRW 693 billion across 2023-2025.

The new program aims to provide a higher predictability of shareholder return scale, while strengthening long-term shareholder value. It will be carried out in two streams: 1) Dividend payouts, and 2) Share repurchases and cancelations.

Dividend Payouts

KRAFTON is implementing dividend payouts for the first time in its history.

• A total of KRW300 billion will be returned over three years via KRW 100 billion annual payouts.

Share Repurchases and Cancelations

• KRAFTON will repurchase at least KRW700 billion worth of shares, all of which will be canceled.

The company’s Shareholder Return Program funds, excluding those allocated for dividend payouts, will be fully placed toward buying back stock. With this approach, KRAFTON plans to enhance capital efficiency and strategically respond to market needs. The company will review opportunities to expand the scale of returns according to financial performance and market conditions.

CEO CH Kim announced, “This Shareholder Return Program reflects KRAFTON’s firm commitment to boosting shareholder value. While continuing to develop unique games and pursuing strategic investments in global markets, we will leverage our capital and stable operating cash flow to create sustainable long-term value through shareholder returns.”

KRAFTON will commence the first phase of share repurchases on a scale of KRW 200 billion beginning February 10.

About KRAFTON, Inc.

Headquartered in Korea, KRAFTON, Inc. is dedicated to discovering and publishing captivating games that offer fun and unique experiences. Established in 2007, KRAFTON is built on a global network of 19 creative studios that include PUBG STUDIOS, Striking Distance Studios, Unknown Worlds, Neon Giant, KRAFTON Montréal Studio, Bluehole Studio, RisingWings, 5minlab, Dreamotion, ReLU Games, Flyway Games, Tango Gameworks, inZOI Studio, JOFSOFT, Eleventh Hour Games, OmniCraft Labs, Olivetree Games, Loonshot Games, and 9B STUDIO. Each independent studio strives to continuously take on new challenges and leverage innovative technologies. Their goal is to win over more fans by broadening KRAFTON’s platforms and services.

KRAFTON is responsible for premier game IPs, including PUBG: BATTLEGROUNDS, PUBG MOBILE, PUBG: BLINDSPOT, inZOI, Subnautica, MIMESIS, Hi-Fi Rush, Dinkum, TERA, My Little Puppy, and more. With a passionate and driven team across the globe, KRAFTON is a tech-forward company with world-class development capabilities, continuously exploring new possibilities that enhance the gameplay experience — including AI and other emerging technologies. For more information, visit www.krafton.com.

About KRAFTON India

In India, KRAFTON is responsible for premier mobile games, including BATTLEGROUNDS MOBILE INDIA (BGMI), which has surpassed 250 million downloads, Bullet Echo India, Road To Valor: Empires, and CookieRun India, among others. Committed to enhancing the start-up ecosystem in India, KRAFTON has invested over $200 million in several Indian startups across interactive entertainment, gaming, Esports, and technology, since 2021. KRAFTON actively supports India’s game development ecosystem through its KRAFTON India Gaming Incubator.

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New Delhi [India], February 09: As consumer awareness around food sourcing and sustainability continues to grow, a new nutrition brand, Who Moved My Protein?, has entered the market with a focus on transparency, ethics, and responsible protein production. The brand positions itself not just as a supplement company, but as part of a broader movement questioning how modern protein is sourced and produced.

The launch comes at a time when the global protein supplements market is facing increased scrutiny over industrial dairy practices, animal welfare concerns, and the environmental impact of large-scale production. While protein powders have become a staple for athletes and health-conscious consumers, critics argue that the industry has largely prioritised volume and speed over sustainability and transparency.

Who Moved My Protein? aims to address this gap by shifting attention to the earliest stages of the supply chain. Its core proposition centres on ethical dairy sourcing, responsible use of technology, and clear communication around how protein is made. The brand draws a sharp distinction between grass-fed dairy systems and intensive factory-fed models, highlighting how farming practices influence not only animal welfare but also long-term environmental stability.

Rather than relying solely on performance claims, the brand uses storytelling to communicate its message. Through a modern fable-inspired narrative, Who Moved My Protein? seeks to make complex topics such as dairy processing, sustainability, and ethics more accessible to everyday consumers. The approach is designed to encourage people to ask questions about where their protein comes from and the cost at which it is produced.

According to the company, its unique selling proposition lies in combining ethical sourcing principles with consumer education. By framing protein as part of the wider food system rather than a standalone supplement, the brand aims to bridge the gap between fitness nutrition and responsible food consumption.

Commenting on the launch, the founder of Who Moved My Protein? said, “Protein has become a daily essential for millions of people, but very few are told the full story behind it. We started Who Moved My Protein? to bring transparency back into the conversation and to show that strength, health, and ethics don’t have to be at odds with each other.”

The brand also emphasises that it does not position itself against technology or progress, but advocates for balance. Its philosophy supports the use of modern processing methods where they protect quality and safety, while rejecting practices that push animals and ecosystems beyond sustainable limits.

As conversations around ethical food systems gain momentum globally, Who Moved My Protein? enters the market with a clear message: protein choices are no longer just about nutrition labels, but about values, responsibility, and long-term impact. With its launch, the brand hopes to contribute to a more informed dialogue around what sustainable nutrition should look like in the years ahead.

Explore their products at: www.whomovedmyprotein.com

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New Delhi [India], January 27: In a city where heritage meets evolving aspiration, Satnam Kaur has quietly emerged as one of Lucknow’s most influential entrepreneurs, redefining how luxury, hospitality and experiential design are imagined in North India.

With over sixteen years of leadership in hospitality and an MBA from BBD Lucknow, Satnam represents a new generation of Indian women entrepreneurs: visionary, disciplined, aesthetically driven and deeply rooted in excellence. Her work reflects not only commercial success but cultural impact, shaping how modern celebrations, spaces and lifestyle experiences are curated.

A Foundation Built on Discipline, Education and Vision
Raised in a values-driven family and supported by a strong educational foundation, Satnam’s journey into entrepreneurship was guided by clarity of purpose rather than convention. Entering the demanding hospitality and events ecosystem, an industry requiring precision, endurance and creative intelligence, she established herself through consistency, strategic thinking and uncompromising quality standards.

Her leadership reflects a rare balance of operational excellence and refined taste, qualities that continue to elevate her ventures into trusted luxury brands within the region.

Sunny Palace: A Landmark in Contemporary Celebrations
As the Founder and CEO of Sunny Palace, one of Lucknow’s most sought-after luxury venues, Satnam has created a destination that blends scale, elegance and personalized experience.

Located strategically near Shaheed Path and Gomti Nagar, the property has become synonymous with premium weddings, curated social events and high-profile celebrations.

Sunny Palace is not merely a venue. It is an ecosystem of hospitality, design sensibility and operational mastery, reflecting Satnam’s commitment to building experiences rather than just infrastructure.

Expanding Creative Horizons: Design, Fashion and Jewellery
Driven by her instinct for aesthetics and innovation, Satnam expanded into SK Events & Designs, delivering bespoke event styling and immersive celebration concepts. Each project reflects her signature philosophy: storytelling through space, detail and emotion.

Her foray into fashion and jewellery further amplifies her identity as a tastemaker, blending timeless elegance with contemporary sensibilities. These ventures demonstrate her ability to translate creative vision into commercially sustainable brands while maintaining a strong personal aesthetic language.

Leadership Anchored in Precision and Purpose
Satnam’s leadership style combines discipline, empathy and sharp execution. Her ability to multitask, lead teams and innovate consistently has positioned her as a respected entrepreneur in the regional luxury ecosystem. She attributes much of her growth to resilience, strategic decision-making and the unwavering support of her family, enabling her to build confidently across industries.

Shaping a Legacy of Modern Indian Entrepreneurship
As her ventures continue to scale and diversify, Satnam Kaur is shaping a legacy rooted in creativity, integrity and influence. Her work stands as a reflection of how contemporary Indian women are redefining leadership, not through noise, but through sustained excellence, vision and cultural relevance.

Satnam Kaur is not simply building businesses. She is shaping experiences, identities and possibilities.

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New Delhi [India], February 05:  Grover Jewells Limited, a Delhi-based gold jewellery manufacturer and wholesaler, is set to open its Initial Public Offering (IPO) on the NSE Emerge platform from February 4 to February 6, 2026, with a price band of ₹83–₹88 per share. The company plans to raise ₹33.83 crore through the issue, as it looks to strengthen its working capital cycle and support corporate expansion.

According to the company’s investor presentation, Grover Jewells operates a fully integrated manufacturing setup in Delhi and caters largely to the wholesale (B2B) segment, while also taking steps to increase its retail (B2C) presence. The issue is expected to be closely watched by SME-market investors, particularly given the strong momentum in India’s organised jewellery sector and the growing shift toward branded, quality-assured products.

Pune (Maharashtra) [India], February 04: SoftTech Engineers Limited, a trusted name in technology-driven solutions for infrastructure and construction management has been awarded a prestigious contract worth INR 17.16 Crore by the Airports Authority of India (AAI).

Under this engagement, SoftTech Engineers Limited will deploy a BIM-based Project Monitoring System (BPMS) to enable digital, real-time monitoring of infrastructure projects across planning, execution, and reporting stages. The solution is designed to enhance visibility, transparency, and control over complex infrastructure projects, empowering stakeholders to make faster and more informed decisions throughout the project lifecycle.

The BPMS will be powered by CivitINFRA, SoftTech Engineers’ proprietary digital platform, enriched with Artificial Intelligence (AI) and Machine Learning (ML) capabilities. The integrated system brings together critical project functions—including cost estimation, budgeting, contract management, progress tracking, communication, documentation, and reporting—within a single, unified environment. This holistic approach simplifies project oversight while improving coordination and accountability among all stakeholders.

Accessible through both web and mobile interfaces, the platform will provide real-time insights and actionable analytics, ensuring that project teams and decision-makers remain connected and informed anytime, anywhere.

“We are honored to partner with the Airports Authority of India on this landmark project. By integrating AI-powered technology into project monitoring, we are setting new benchmarks for transparency, efficiency, and informed decision-making in infrastructure development. This initiative reflects our ongoing commitment to driving digital transformation and innovation across India’s infrastructure sector.” said Mr. Vijay Gupta, MD and CEO, SoftTech Engineers.

The award underscores the Airports Authority of India’s confidence in SoftTech Engineers’ technical expertise and its proven ability to deliver reliable, future-ready digital solutions for large-scale infrastructure programs. It also reflects a shared commitment to leveraging advanced technologies to strengthen efficiency, governance, and transparency in public infrastructure development.

This project further reinforces SoftTech Engineers’ position as a key partner in India’s infrastructure digitization journey and sets the stage for wider adoption of intelligent, technology-led project management solutions across the sector.

About SoftTech Engineers Limited

SoftTech Engineers Limited is a technology-focused company delivering AI-enabled, software-driven solutions for the infrastructure, construction, and enterprise sectors. With a strong emphasis on innovation and digital transformation, the company helps organizations improve operational efficiency, governance, and project outcomes across the built environment.

Website: https://softtechglobal.com

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Tausif Amiruddin Jinabade – Founder

Chennai (Tamil Nadu) [India], February 04: Supreme Power Equipment Limited (SPEL), (NSE Code: SUPREMEPWR), one of India’s leading manufacturers of power and distribution transformers, has commenced the calendar year 2026 on a strong footing with robust order inflows aggregating ₹58.94 Cr during January 2026.

The fresh orders underline sustained demand for the Company’s power transformer solutions and reinforce its growing presence across power transmission and distribution projects in India.

Strong Order Momentum in January 2026

During the month, Supreme Power Equipment Limited secured multiple domestic orders from EPC companies based in Karnataka, further strengthening its order book and improving revenue visibility over the execution period.

₹25.70 Cr Power Transformer Order

SPEL received a significant order valued at approximately ₹25.70 Cr from a Karnataka-based EPC company.

• Scope: Supply of 10 nos. of 20 MVA, 110/33–11 kV power transformers
• Execution Timeline: Approximately 12 months

₹17.89 Cr Domestic Order

The Company also secured a domestic order worth approximately ₹17.89 Cr from another EPC company in Karnataka.

• Scope: Supply of 4 nos. of 20 MVA power transformers (66/11 kV and 110/11 kV)
• Execution Timeline: Approximately 9 months

₹15.35 Cr Transformer Supply Order

Further strengthening its January order inflow, SPEL received an additional domestic order valued at approximately ₹15.35 Cr from an EPC company based in Karnataka.

• Scope: Supply of 2 nos. of 20 MVA, 66/11 kV and 4 nos. of 20 MVA, 110/11 kV power transformers
• Execution Timeline: Approximately 9 months

The consistent flow of orders during January 2026 reflects sustained demand from EPC players, supported by ongoing investments in India’s power transmission and distribution networks. These developments reinforce Supreme Power Equipment Limited’s expanding role in the power infrastructure ecosystem and provide healthy revenue visibility for the coming quarters.

With a strong start to the year, the Company remains focused on timely execution, operational efficiency, and delivering high-quality transformer solutions to support India’s growing power infrastructure needs.

On the receipt of the order, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, “The strong order inflow of ₹58.94 Cr in January 2026 reflects continued confidence from EPC partners in our execution capabilities and product quality. These orders enhance our revenue visibility and reinforce our position in the power transformer segment. We remain focused on timely execution, operational efficiency, and supporting India’s expanding power transmission and distribution infrastructure.”

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