Surat (Gujarat) [India], May 30: Sumeet Industries Limited (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY), and Polyester Texturized Yarn, has announced its Audited Financial Results for Q4 &FY26.
Key Consolidated Financial Highlights
Q4 FY26
Total Income of ₹266.98 Cr, YoY growth of 9.53%
EBITDA of ₹14.68 Cr, YoY growth of 113.58%
EBITDA Margin of 5.50%, YoY growth of 268 Bps
PAT of ₹7.50 Cr
PAT Margin of 2.81%
EPS of ₹0.15
FY26
Total Income of ₹1,053.81 Cr, YoY growth of 4.78%
EBITDA of ₹60.77 Cr, YoY growth of 313.84%
EBITDA Margin of 5.77%, YoY growth of 431 Bps
PAT of ₹27.33 Cr
PAT Margin of 2.59%
EPS of ₹0.53
Commenting on the performance, Mr. Pratik R. Jaju, Managing Director of Sumeet IndustriesLimited said, “We are pleased to report a stable financial performance for FY26 with Total Income of ₹1,053.81 Cr and PAT of ₹27.33 Cr. Despite a dynamic operating environment for the textile sector during the year, the Company continued to demonstrate resilient performance supported by its integrated operations, improving efficiencies and focused execution strategy under the leadership of the Eagle Group.
During the quarter, we achieved an important strategic milestone with the Company being declared as the H1 Bidder for acquisition of Nakoda’s Phase 3 Polyester Chips manufacturing assets under CIRP at a value of ₹23.47 Cr. The acquisition provides access to 400 TPD polyester chips capacity, further strengthening backward integration and supporting our POY and FDY manufacturing operations.
Looking ahead, we remain focused on expanding our value-added product portfolio, improving operational efficiencies, increasing renewable energy sourcing and driving sustainable growth across the polyester value chain. With planned capacity expansion, strengthening backward integration capabilities and improving product mix, we remain optimistic about the long-term growth opportunities for the business.”
Operational Highlights
Acquisition of Nakoda’s Phase-3 Chips Manufacturing Assets
Declared H1 Bidder for Nakoda’s Phase-3 Chips Plant acquisition under CIRP.Acquisition valued at ₹23.47 Cr, providing 100% control of the acquired assets.400 Tons Per Day (TPD) polyester Chips Capacity (1,46,000 Tons Per Annum (TPA)) supporting POY & FDY Manufacturing operation.
About Sumeet Industries Limited
Incorporated in 1988, Sumeet Industries Limited is a Surat-based integrated polyester manufacturer engaged in the production of PET chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY), and Polyester Texturized Yarn. The company has been taken over by the Eagle Group, Successful Resolution Applicant, in pursuance of the Hon’ble NCLT order dated 16 July 2024. The promoters of Eagle Group are seasoned technocrats with over 40 years of experience in the textile industry, bringing strong operational and strategic expertise to the company.
With over four decades of experience, Sumeet Industries operates a technologically advanced manufacturing facility equipped with international-standard quality testing and R&D infrastructure for developing a wide range of yarns and applications. The Board has approved Phase 1 of the polyester yarn capacity expansion, involving an addition of 15,000 tonnes per annum with an investment of ₹30 Cr, aimed at strengthening the company’s presence in the value-added synthetic yarn segment while supporting scale and profitability.
The company has also invested 27% stake in HI-URJA TECHNO LLP, a Solar Power Generating Plant, which has an installed capacity of 14 MW as a Captive consumer and has been sourcing solar. Apart from this, the company has also been weighing to source Renewal power (Solar, Wind, and Both) under Captive/Group captive from various Generators
Sumeet Industries is also focusing on developing value-added yarns, introducing Bright and dope dyed yarn, and widening its product range to cater to diverse applications within the domestic textile industry.
In FY26, the company recorded revenue of ₹1,053.81 Cr, EBITDA of ₹60.77 Cr, and Profit After Tax (Including Exceptional Item) of ₹27.33 Cr.
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Q4 FY26 Net Profit Rises to ₹1,037 Lakhs; FY26 EPS Surges 133% to ₹0.07 Reflecting Strong Earnings Momentum.
Mumbai (Maharashtra) [India], May 30: Avance Technologies Limited today announced its Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026.
The company delivered a stable operational performance during FY26 while reporting a significant improvement in profitability. Consolidated Revenue from Operations for FY26 stood at ₹15,925.60 Lakhs, while consolidated Net Profit increased sharply to ₹1,323.61 Lakhs, registering a robust 150% Year-on-Year growth. The performance reflects improving financial efficiency, disciplined operational execution, and strengthening overall business fundamentals.
On a consolidated basis, Revenue from Operations for FY26 stood at ₹15,925.60 Lakhs as compared to ₹17,176.50 Lakhs reported during FY25. Consolidated Total Income for FY26 stood at ₹17,309.70 Lakhs as against ₹17,396.30 Lakhs reported during the previous financial year.
The company reported consolidated Net Profit of ₹1,323.61 Lakhs during FY26 as compared to
₹530.24 Lakhs in FY25, reflecting a strong 150% Year-on-Year growth. Earnings Per Share (EPS) for FY26 stood at ₹0.067 per share as compared to ₹0.027 per share in FY25.
For the fourth quarter ended March 31, 2026, consolidated Revenue from Operations stood at
₹3,093.50 Lakhs as compared to ₹4,831.20 Lakhs during Q4 FY25. Consolidated Total Income for Q4 FY26 stood at ₹4,191.90 Lakhs as against ₹5,031.80 Lakhs reported during the corresponding quarter of the previous year.
The company reported consolidated Net Profit of ₹1,037.26 Lakhs during Q4 FY26, compared to a net loss of ₹136.23 Lakhs reported during Q4 FY25, reflecting a significant turnaround in quarterly profitability and strengthening operational performance.
On a sequential Quarter-on-Quarter basis, Revenue from Operations for Q4 FY26 stood at ₹3,093.53 Lakhs as compared to ₹4,950.24 Lakhs reported during Q3 FY26. Consolidated Total Income for Q4 FY26 stood at ₹4,191.91 Lakhs as against ₹5,044.49 Lakhs reported during Q3 FY26.
Consolidated Net Profit increased sharply to ₹1,037.26 Lakhs during Q4 FY26 from ₹201.39 Lakhs reported in Q3 FY26, registering a strong 415% Quarter-on-Quarter growth. The improvement in profitability reflects strengthening financial efficiency, focused cost optimization measures, and disciplined operational execution during the quarter.
“Fiscal Year 2025-26 represents a pivotal milestone for Avance Technologies as we unlock deeper value from our balance sheet. The remarkable expansion in our net profit margins and the multi-fold improvement in our Earnings Per Share reflect our agility in maximizing returns through tactical investment positions and disciplined financial management. said Latesh Poojary, Managing Director of Avance Technologies Limited.
Looking ahead, Avance Technologies Limited remains focused on strengthening operational capabilities, improving execution efficiency, and exploring scalable opportunities across technology-driven business segments. The company believes that continued digital transformation and evolving technology adoption trends are expected to create long-term opportunities for sustainable business growth and stakeholder value creation.
About Avance Technologies Limited (ATL)
Avance Technologies Ltd (www.avance.in) specializes in the distribution of information technology (IT) products. The principal activities of the Company involve the resale of software and hardware. The company offers a wide range of services, including Digital Media Planning and Buying, Social Media Marketing, Mobile Apps Marketing, WhatsApp e-commerce, Video Creation and Marketing, Influencer Marketing, Content and Search Engine Optimization (SEO) Strategy, Marketing Automation, Performance Marketing, Market Research, Artificial Intelligence, Block Chain, Internet of Things (IOT), Cloud Services, Software Testing, Vulnerability Testing, SMS Marketing, and WhatsApp Marketing. In addition, our company provides a comprehensive selection of services, such as pay-per-click (PPC) advertising, content marketing, social media management, conversion rate optimization, and marketing automation. The Company’s short code service enables users to receive text messages from customers and subsequently take actions based on the message’s content.
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Q4 FY26 Revenue from Operations Surges to ₹5,085 Lakhs with Strong Operational Momentum
New Delhi [India], May 30: Colab Platforms Limited (BSE: 542866), a diversified technology company, today announced its stellar Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The company reported a strong operational performance during FY26, with Revenue from Operations rising to ₹15,828.10 Lakhs, reflecting a robust 129% Year-on-Year growth. Consolidated Total Income for FY26 stood at ₹16,324.88 Lakhs, registering a strong 133% Year-on-Year increase, supported by improving operational scale and increasing traction across its diversified digital ecosystem initiatives.
On a consolidated basis, Revenue from Operations increased significantly to ₹15,828.10 Lakhs during FY26 from ₹6,902.94 Lakhs in FY25, reflecting strong business momentum and increasing scalability across the company’s diversified technology ecosystem. Consolidated Total Income for FY26 stood at ₹16,324.88 Lakhs as compared to ₹7,005.69 Lakhs in the previous financial year, supported by improving operational expansion and enhanced execution across multiple strategic verticals.
The company reported consolidated Net Profit of ₹461.68 Lakhs during FY26, compared to ₹286.30 Lakhs in FY25, reflecting improving operational efficiencies, disciplined execution, and strengthening business fundamentals.
The March 2026 quarter continued to demonstrate strong operational traction for the company. Revenue from Operations for Q4 FY26 stood at ₹5,084.89 Lakhs, compared to ₹2,043.38 Lakhs reported in the corresponding quarter of the previous year, registering a strong 149% Year-on-Year growth. Consolidated Total Income for Q4 FY26 increased sharply to ₹5,212.56 Lakhs from ₹2,049.12 Lakhs in Q4 FY25, reflecting a robust 154% Year-on-Year increase.
Consolidated Net Profit for Q4 FY26 stood at ₹78.71 Lakhs, compared to ₹95.29 Lakhs reported during the corresponding quarter of the previous year.
On a sequential basis, Revenue from Operations increased from ₹4,552.61 Lakhs in Q3 FY26 to ₹5,084.89 Lakhs in Q4 FY26, reflecting continued growth momentum across the company’s digital and technology businesses. Consolidated Total Income also increased from ₹4,666.87 Lakhs in Q3 FY26 to ₹5,212.56 Lakhs during Q4 FY26, registering a healthy 12% Quarter-on-Quarter growth.
During FY26, Colab Platforms Limited continued to strengthen its positioning as a diversified technology conglomerate through strategic expansion across Artificial Intelligence, digital infrastructure, blockchain ecosystems, sports technology, and platform-led businesses. The company announced multiple initiatives focused on building scalable technology ecosystems, including the expansion of its AI-focused capabilities through the development of ColabPlatforms.ai, an AI-powered search and intelligence platform focused on verified and data-driven insights while also strengthening its presence across gaming, sports IPs, esports tournaments, and digital engagement ecosystems. In addition, the company continued to explore opportunities across fintech infrastructure, drone technology applications, and semiconductor-related businesses with a focus on building scalable, future-ready technology ecosystems across high-growth sectors. These initiatives reflect the company’s long-term focus on participating in high-growth technology-driven industries with scalable monetization opportunities.
“FY26 was a year of strong operational growth and strategic expansion for Colab Platforms Limited. We continued to strengthen our presence across multiple high-growth technology sectors while focusing on scalable digital ecosystems and operational execution. Going forward, we intend to focus on building integrated and scalable technology-led platforms across AI, fintech, sports technology, gaming, drones, semiconductors, and digital infrastructure ecosystems with the objective of creating sustainable long-term value for stakeholders.” Said, Puneet Singh, Managing Director of Colab Platforms.
Backed by its diversified business model, expanding technology ecosystem, and focus on innovation-driven growth, Colab Platforms remains focused on strengthening operational scale, expanding monetization opportunities, and creating sustainable long-term value for stakeholders.
About Colab Platforms Limited
Colab Platforms Limited (BSE: 542866) is a diversified technology-driven company focused on building scalable businesses across Artificial Intelligence, fintech, sports technology, esports, digital platforms, drones, and semiconductor ecosystems. The company aims to create integrated, future-ready technology platforms that combine innovation, user engagement, and operational scalability across multiple high-growth sectors.
Through its expanding digital ecosystem and innovation-led approach, Colab Platforms continues to strengthen its positioning as a multi-domain technology enabler focused on long-term value creation.
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Hyderabad (Telangana) [India], May 28: BharathCloud engaged in discussions at Bharat Digital Samvad, the inaugural national forum organised by the Bharath Digital Infrastructure Association (BDIA), in New Delhi. The summit brought together policymakers, cloud infrastructure leaders, regulators, enterprises, and technology stakeholders to discuss India’s digital sovereignty, AI infrastructure readiness, and the future of domestic cloud ecosystems.
The event also initiated the official launch of BDIA as an association of not-for-profit industry dedicated to developing and improving India’s digital infrastructure through policy dialogue, collaboration, and with the vision of Data Swaraj. The summit discussions centred on key topics such as developing sovereign cloud infrastructure, an AI-ready compute ecosystem, digital industry policies, and the long-term reliance on foreign-controlled digital infrastructure.
Conversations at the summit indicated a rising focus on Digital Swaraj and self-sovereign AI-ready infrastructure, AI Cloud Adoption to support India’s long-term digital resilience. Throughout the conference, the discussion was concentrated on a much larger industry perspective towards digital sovereignty and infrastructure policy.
Participating in the event, Rahul Takkallapally, Co-Founder, BharathCloud and Founding Member of BDIA, said, “India’s digital growth will become stronger when Indian technology companies collaborate within one ecosystem and grow together. It is encouraging to see nearly 40 organisations come together through BDIA with a shared focus on digital sovereignty, trusted infrastructure, and long-term technology resilience. The collaboration of emerging organisations showcases the potential of BDIA. Bharat Digital Samvad creates an authentic and collaborative space where industry stakeholders can work together to support India’s AI and digital infrastructure ambitions.”
Leadership Voices Piyush Somani, President, BDIA and Promoter, Chairman & Managing Director, ESDS Software Solution Ltd., said, “India has already built one of the world’s most extensive digital infrastructure ecosystems. The focus now is on ensuring that the governance, control, and long-term value created through this infrastructure remain within the country. Data Swaraj is no longer just a larger vision for the future; it is becoming a practical necessity for India’s digital growth. Bharat Digital Samvad reflects an important step where industry and policy stakeholders are coming together to shape that direction collectively.”
Abhishek Bhatt, Secretary General, BDIA, said, “India had early leadership through platforms like Rediff, Sify, Khoj, and Indiatimes, but domestic ecosystems lacked the policy support needed to scale competitively. Today, with Atmanirbhar Bharat and a new generation of founders building at scale, Bharat Digital Samvad and BDIA reflect a stronger push toward India-led digital ecosystems. While 100 per cent digital sovereignty may not be practical, India must strengthen and support the critical digital infrastructure being built locally. Our digital market size itself is one of India’s biggest strategic advantages in the global digital economy.”
The summit focused on establishing concrete frameworks that will support India’s ambitions for self-reliance in technology, with discussions extending beyond the industry level to include both policy development and implementation. In addition, the forum will create a path for future policy recommendations, industry standards, and infrastructure plans that will be used to shape the development and governance of AI and digital infrastructure in India during its next phase of growth.
About BharathCloud BharathCloud is a Hyderabad-based sovereign AI cloud services provider delivering secure, scalable, and AI-driven solutions to businesses and startups globally. BharathCloud offers end-to-end cloud and digital transformation solutions, including IaaS, PaaS, SaaS, AI/ML, HPC, and innovative platforms offering AI-powered smart storage and Bharat Big Bucket(B3), KaaS (Kubernetes-as-a-Service). Its enterprise-grade infrastructure ensures high performance, multi-location backups, disaster recovery, and compliance with global standards such as ISO 27001, TPN, and HIPAA.
CapitalNumbers Reports FY26 Total Income of ₹115.60 Crore, PAT of ₹25.50 Crore and Maintains Debt-Free Balance Sheet
Kolkata (West Bengal) [India], May 30: CapitalNumbers Infotech Limited (BSE: 544343), a leading software solutions company offering end-to-end digital and IT engineering services, announced its audited financial results for the half-year and full-year ended March 31, 2026.
The Company delivered steady growth during FY26, supported by client additions across global markets, expansion of digital engineering capabilities, and continued investments in AI, cloud, and enterprise technology services. The Company maintained healthy profitability while investing in future growth initiatives. Sustained margins reflect disciplined execution and a scalable business model.
Key Financial Highlights:
Particulars
H2 FY26
FY26
Total Income (₹ Lakhs)
5,647.92
11,559.56
EBITDA (₹ Lakhs)
1,534.72
3,579.78
EBITDA Margin (%)
27.17%
30.97%
Net Profit (₹ Lakhs)
1,070.29
2,550.29
Net Profit Margin (%)
18.95%
22.06%
Additional Balance Sheet Highlights
Particulars
FY26
Cash & Bank Balances
₹8,862 Lakhs
Current Investments
₹8,113 Lakhs
Total Cash & Investments
₹17,135 Lakhs
Shareholders’ Funds
₹19,155 Lakhs
Debt
Nil
Operational and Strategic Highlights – FY26
Expanded capabilities across digital engineering, cloud, AI/ML, Generative AI, and data engineering services.
AI/ML and Generative AI solutions contributed more than 10% of FY26 revenue and continued to be one of the fastest-growing service segments.
Strengthened global client base across enterprises, SMEs, and tech companies in multiple geographies
Scaled workforce to 500+ professionals with expertise across 50+ technologies
Enhanced service portfolio with focus on AI/GenAI, cloud engineering, and data-driven solutions
Maintained strong industry positioning supported by ISO 9001, ISO 27001, and SOC 2 certifications
Adopted flexible engagement models, including managed teams, staff augmentation, and project-based delivery
Strengthened partnerships with global technology platforms such as Microsoft, Adobe, and Salesforce
Management Commentary
Commenting on the performance, Mr. Mukul Gupta, Chairman & Managing Director, CapitalNumbers Infotech Limited, stated:
“FY26 was an important year for CapitalNumbers as we continued investing in future growth while maintaining healthy profitability and a strong balance sheet. During the year, we expanded our AI and cloud capabilities, strengthened our international business development efforts, and continued building relationships with enterprise clients across key global markets. Strong client additions, growing demand for AI and cloud-based services, and disciplined financial management have supported our growth and profitability.
We remain focused on strengthening our service capabilities, expanding into new geographies, and leveraging emerging technologies to drive long-term value creation. With a robust pipeline and strong balance sheet, we are well-positioned to sustain our growth momentum. With a continued focus on operational excellence, technology integration, and scalable platform-driven growth. Looking ahead, we remain focused on disciplined execution, expanding our AI-led service portfolio, strengthening enterprise relationships, and creating long-term value for shareholders.”
About CapitalNumbers Infotech Limited
CapitalNumbers Infotech Limited is a digital consulting and IT engineering company offering digital engineering, software development, cloud engineering, AI/ML, Generative AI, data engineering, and enterprise technology services to global enterprises and startups. The Company has a strong international presence and focuses on delivering scalable, secure, and innovative technology solutions.
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.
Raipur (Chhattisgarh) [India], May 30: The Board of Directors of Jinkushal Industries Limited (“Jinkushal” or “the Company”), at its meeting held today, has approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, prepared in accordance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Indian Accounting Standards (Ind AS).
48%Standalone Full-Year Revenue GrowthFY26 vs FY25
~₹50 CrStrategic Overseas Inventory
FY26 witnessed elevated volatility across global markets arising from geopolitical developments, supply-side disruptions, higher freight costs, commodity inflation and currency fluctuations. Towards the end of the period, escalation of the West Asia crisis led to sharp increases in crude and crude-linked commodity prices, logistics disruptions and continued rupee depreciation.
Despite these challenges, the Company maintained execution momentum across international markets and delivered its highest-ever standalone quarterly turnover during Q4 FY26. The construction and mining equipment industry continued to witness healthy demand supported by infrastructure spending, mining activity, industrial capex, and replacement demand across emerging markets, while shipment delays and global supply-chain adjustments continued to impact operating cycles.
Financial Performance Snapshot
Standalone Financial Performance
(₹ lakhs)
Particulars
Q4 FY26
Q3 FY26
Q4 FY25
FY26
FY25
Revenue from Operations
13,305.64
9,077.14
7,037.76
31,337.61
21,185.92
Profit After Tax (PAT)
95.73
417.01
300.29
1,243.60
1,607.97
Consolidated Financial Performance
(₹ lakhs)
Particulars
Q4 FY26
Q3 FY26
Q4 FY25
FY26
FY25
Revenue from Operations
19,199.54
4,392.53
7,804.69
35,756.15
38,055.81
Profit After Tax (PAT)
1,167.36
(987.19)
101.66
1,275.57
1,914.00
Business Performance
The Company reported its highest-ever standalone quarterly turnover of ₹13,305.64 lakhs during Q4 FY26 as against ₹ 7,037.76 lakhs during Q4 FY25, representing year-on-year growth of approximately 89% and quarter-on-Quarter growth of 47%. For FY26, standalone turnover increased to ₹31,337.61 lakhs from ₹21,185.92 lakhs in FY25, reflecting annual growth of approximately 48%.
Growth during the year was supported by stronger execution across export markets, increased customer engagement and improved operational throughput across Latin America, Africa, the Middle East, and other international markets.
The Company continued to focus on geographic diversification with increasing contribution from South Africa and other international markets, helping offset moderation from certain geographies, including Mexico, during parts of the year and reducing concentration risk across the portfolio.
The Group also continued strategic inventory positioning closer to international markets and customers to improve delivery timelines, execution capability, and participation in retail-oriented opportunities.
The construction and mining equipment export business naturally involves relatively longer working capital cycles due to shipment timelines, overseas inventory positioning, refurbishment processes, and customer-specific execution requirements. While working capital cycles increased during the year as operations scaled across geographies, management remains focused on disciplined deployment and gradual optimisation over the longer term.
Profitability and Margin Movement
At the consolidated level, a portion of the inventory positioned across the Group during earlier quarters was successfully realised during Q4 FY26. Consequently, part of the timing difference between expense recognition and profit recognition, as highlighted in previous communications, was reversed during the quarter, contributing positively to consolidated profitability and supporting the strong improvement in consolidated Q4 FY26 performance. At the same time, the Group continues to maintain strategically positioned inventory in excess of ₹50 crore as at March 31, 2026. In accordance with applicable accounting standards, profits attributable to inventory remaining within the Group at the reporting date continue to be eliminated on consolidation and will be recognised upon onward sale to external customers in future periods.
While the quarter benefited from such profit realisation, full-year profitability remained impacted by strategic investments undertaken towards organisational strengthening, international market development, and HexL brand-building initiatives, along with higher logistics and execution costs arising from geopolitical developments and supply-chain disruptions during parts of the year. In addition, lower other income and certain non-cash accounting impacts recognised in accordance with applicable accounting standards also affected reported profitability during the year, the details of which are set out below.
Key factors impacting profitability during the year included:
Approximately 35% increase in employee benefit expenses on account of organisational strengthening and leadership hiring across operations, sales, execution, finance, marketing, and international business development functions;
Increased expenditure towards international marketing, exhibitions, overseas business development, and strengthening of the HexL brand across international markets;
Higher logistics, freight, and execution-related costs resulting from geopolitical developments, supply-chain disruptions, and elevated freight rates, particularly across Middle East trade corridors during the latter part of the year;
One-time listing and IPO-related expenses incurred during the year and charged to the Statement of Profit and Loss, over and above the fund-raising expenses debited to securities premium; and
Lower other income due to foreign exchange fluctuation gain/loss and mark-to-market impact of change in investment valuations at year-end recognised in the statement of profit and loss.
As part of prudent treasury and risk-management practices, the Company undertakes back-to-back hedging of receivables and foreign exchange exposures. However, owing to sharp movement in foreign exchange rates towards the year-end, the notional mark-to-market impact on hedged positions was recognised in the financial statements despite underlying receivables remaining substantially hedged.
Similarly, volatility in capital markets during March 2026 resulted in a temporary non-cash mark-to-market impact on investment valuations recognised in the financial statements at the reporting date. Improvement in market conditions during April 2026 has already resulted in a partial recovery in valuation levels.
Management believes these investments are expected to strengthen execution capability, expand market reach, and support long-term value creation across businesses and geographies. The focus remains on strengthening execution depth, widening market presence, building HexL visibility, and supporting sustainable long-term growth rather than optimising short-term profitability alone.
Organisational Strengthening and Growth Initiatives
During FY26 and the recent quarter, the Company has continued to strengthen its organisation across Jinkushal Industries Limited and its overseas subsidiary as part of preparations for the next phase of growth. The hiring process remains ongoing across operations, procurement, execution, logistics, accounting, finance, marketing, international sales, and business development functions.
As part of this process, the Company and its overseas subsidiary have already confirmed and onboarded experienced professionals across key leadership and business functions, including Global Head Operations, Global Sales Head, Regional Sales Managers for Latin America, MENA, Africa & CIS, Territory Sales Manager for MENA, and others. The Company expects to continue adding experienced professionals across critical functions as the scale of operations expands.
Recently, Mr. Abhinav Jain was elevated to the position of Managing Director and Chief Executive Officer, reflecting the Company’s focus on strengthening leadership responsibilities, operational execution, and long-term value creation as business complexity increases.
The Company also continued investments towards strengthening the HexL brand through market development initiatives, increased marketing activities, dealer expansion and wider geographic penetration. Funds raised in the IPO continue to be deployed towards international market development, inventory positioning, and team expansion, marketing initiatives and strengthening long-term operating capabilities across businesses, including the continued development and market expansion of the HexL brand.
Balance Sheet Strength and Long-Term Positioning
Post listing, the Company’s capital base has strengthened, supporting higher business scale, improved financial flexibility, and wider international execution capability. The improvement in debt-equity levels following the IPO, combined with enhanced banking facilities, has enabled the Company to pursue growth initiatives, including inventory positioning, market expansion, team building and HexL development while maintaining a prudent capital structure.
The availability of enhanced banking facilities and working capital limits has further supported the expansion of export operations and inventory positioning initiatives across international markets. This combination of improved net worth, a stronger debt-equity position and enhanced working capital access enables the Company to manage longer export cycles, respond more effectively to market opportunities, and support HexL development initiatives across geographies.
The Company remains focused on disciplined capital allocation, operational strengthening, geographic diversification, and long-term value creation across businesses and international markets.
Disclaimer: This Press Release has been prepared by Jinkushal Industries Limited (“Company”) to provide general information on the Company (which term includes its subsidiaries) and does not purport to contain all the information. Forward-looking statements contained herein regarding past trends or activities or future business plans, strategy, financial condition, growth prospects, or developments in industry, competitive or regulatory environment should not be taken as a representation that such trends or activities will continue in the future. There is no obligation to update or revise any forward-looking statements. Actual results may differ materially from these forward-looking statements due to a number of factors.
This Press Release does not constitute a prospectus, offering circular, or offering memorandum or an offer to acquire any securities or instruments, and nothing in this Press Release should be construed as advice or solicitation to invest in the Company or any of its instruments or securities or otherwise.
Neither the Company nor any of its affiliates, shareholders, directors, employees, agents or representatives makes any warranty or representation as to the completeness of the information contained herein (including statements of opinion and expectation) or as to the reasonableness of any assumptions contained herein and shall not be liable for any loss or damage (direct or indirect) suffered as a result of reliance upon any statements contained in, or any omission here-from.
From a single Noida classroom to thousands of alumni now living and working in Canada, the language institute celebrates 15 years of preparing Indian candidates for TEF Canada and TCF Canada.
Noida (Uttar Pradesh) [India], May 30: LanguageNext, the Noida-based French and Spanish language institute, recently marked its 15th year of teaching Indian candidates for the French exams required by Canadian immigration. What began 15 years ago as a small classroom in Sector 18, Noida, has grown into one of India’s most established centers for preparing for TEF Canada and TCF Canada courses, with thousands of alumni who have settled, studied, or built careers in Canada.
The milestone arrives at a time when French-language proficiency has become a defining advantage for Indian applicants under Canada’s Express Entry system. Category-based draws introduced by Immigration, Refugees and Citizenship Canada (IRCC) to support francophone communities outside Quebec have made strong French scores one of the fastest routes to permanent residency, often with lower Comprehensive Ranking System (CRS) cut-offs than general rounds.
How French for Canada has changed in 15 years
When LanguageNext opened its doors, French for Canadian immigration was barely on the radar in India. Most candidates pursued English-only routes through the Federal Skilled Worker program, and TCF Canada and TEF Canada preparation classes were hard to find outside a handful of Delhi NCR institutes.
The conversation shifted across the next decade. Canada launched Express Entry in 2015, with a CRS that rewarded bilingual ability. In 2023, IRCC began holding category-based draws specifically for French-speaking candidates, often with CRS thresholds significantly lower than those in general rounds. For Indian applicants who could clear TEF or TCF at B1 or B2, the math changed almost overnight.
The LanguageNext teaching model evolved alongside these policy shifts. Curriculum updates, examiner-aligned rubrics, and dedicated mock test cycles were introduced each time the exams themselves were revised. Trainers tracked IRCC policy year by year and adjusted study plans so that a candidate enrolling today prepares for the version of the exam and the version of the immigration system they will actually face.
The numbers behind 15 years
LanguageNext has trained thousands of candidates across DELF, TEF Canada, and TCF Canada since opening. Alumni include teachers in Montreal, IT professionals in Toronto, healthcare workers in Ottawa, and graduate students at universities in Quebec and New Brunswick. Many alumni have returned years later to refer family members or to enroll their own children in school-level French.
The Noida center has hosted hundreds of full TEF and TCF batches since opening, with cohorts ranging from college students preparing for post-graduation pathways to mid-career professionals building toward Express Entry. A growing share of our existing students work in francophone provinces, where strong French ability has opened doors that English alone could not.
“Fifteen years ago, when I taught my first TEF Canada batch in Noida, most Indian candidates thought of French as a difficult third option. Today, it is often the deciding factor in their immigration story. I have watched students walk in nervous about basic conjugations and leave eighteen months later with B2 results, Express Entry invitations, and plane tickets to Montreal. That is what the last 15 years have been about. Not just teaching a language, but opening a door that stays open for life.”
Vikash Gupta, Founder and Lead Trainer, LanguageNext
What 15 years have built
The anniversary marks more than a date on a calendar. Over the years, LanguageNext has built a French teaching method tested against actual exam outcomes, with feedback loops from alumni who report back after their TEF and TCF results, and again after their landing in Canada. That practical feedback has shaped four core elements of the program:
Speaking practice that mirrors the real oral exam, where most Indian candidates lose the most points.
Writing drills calibrated against examiner notes, with line-by-line feedback within 48 hours.
A timeline-driven study path that maps from A1 to B2 across 10 to 14 months for most learners.
Mock test cycles modeled on the latest exam patterns, including the updated TEF/TCF Canada format.
What comes next for LanguageNext
To mark the milestone, LanguageNext is rolling out a set of initiatives across the coming year. These include expanded live online TEF Canada and TCF Canada batches for candidates outside Delhi NCR and India, a 15th-anniversary scholarship for selected school students preparing for DELF, and a new workshop series on Canadian immigration pathways open to LanguageNext students and existing candidates.
Each initiative will be announced on the LanguageNext website throughout the year. Prospective candidates and current students can subscribe to updates through the institute’s newsletter.
How to enroll
You can find course details, batch schedules, fees, trainer profiles, and the latest TEF Canada and TCF Canada dates at LanguageNext. Candidates can book a free counseling call by phone or WhatsApp via the website. Immigration consultancies, universities, and corporate teams can contact the LanguageNext team to request tailored preparation plans.
About LanguageNext
LanguageNext is a French and Spanish language institute based in Noida with over 15 years of experience in language teaching. Founded by Vikash Gupta, a linguist with more than a decade and a half of experience, the institute coaches children, school- and college-going candidates, and working professionals for DELF (A1-B2), TEF Canada, and TCF Canada. Classes run in person at the Noida center and live online across India and abroad. Website: www.languagenext.com
The crypto market is under pressure again. Bitcoin remains far below its October 2025 high of $126,000, with sharp sell-offs and liquidation events continuing to shake confidence across the market. Crash fears are growing, and retail sentiment has turned defensive. But smart money is not sitting still. It is hedging risk by rotating into early-stage projects with live AI utility, structured pricing, and exchange timelines that are not dependent on Bitcoin’s next move.
That is whyAlphaPepehas landed on 100x watchlists despite the broader downturn. Stage 17 is live at $0.01804, with over $1.37 million raised and more than 9,000 holders. While the open market punishes leveraged positions and unwinds speculative bets, AlphaPepe is offering something different: a presale entry with a live product, real users, and a fixed price that does not crash when Bitcoin does.
Smart Money Hedges Into AI Utility as Open Market Risk Grows
When markets crash, smart money does not disappear. It repositions. The difference between smart money and retail is not timing. It is where capital goes during fear.
Bitcoin’s extended decline from $126,000 has created a market where open positions carry significant downside risk. Leveraged trades are being liquidated. Spot holders are watching portfolios shrink. And the uncertainty around macro conditions, geopolitics, and inflation is making it harder for traders to hold large-cap positions with confidence.
That is why AI utility presales are becoming an attractive hedge. Presale prices are structured by stage, not by market sentiment. They do not drop when Bitcoin drops. And for projects with live products and approaching exchange timelines, the risk profile is fundamentally different from holding a volatile large-cap token.
AlphaPepe sits at the center of that shift. Its AI DEX is live. Its demo has 5,000+ users. Its audit is 10/10. And its Q2 exchange debut is approaching regardless of what Bitcoin does next.
AlphaPepe: The Best Crypto Presale on 100x Watchlists During a Market Crash
AlphaPepeis built around AlphaSwap, a cross-chain AI DEX that is already live and generating real fee revenue. The platform is designed to compete with PancakeSwap and Uniswap at near-zero fees through AI-powered cross-chain routing. With 5,000+ demo users already engaging with the product, AlphaPepe is proving demand while most projects are struggling to hold attention.
The team is well known within the Shibarium ecosystem and continues to publish detailed development updates. That transparency is part of why smart money is treating AlphaPepe differently from hype-driven meme coins that tend to collapse alongside the broader market.
Stage 17 is live at $0.01804. The price increases every three days, and each new stage adds another price hike on top. Unlike open market tokens, the AlphaPepe presale price only moves in one direction: up.
The project carries a comprehensive 10/10BlockSAFU audit, tokens are delivered instantly upon purchase with no vesting, and staking offers 85% APR. More than 9,000 holders have already joined, with over 100 new wallets still arriving daily through the crash.
For investors entering with $1,000 or more, the ALPHA30 code gives 30% extra tokens. During a market crash, that bonus matters more because it lets buyers build a larger position at a time when most of the market is offering nothing but risk.
A 100x move would put AlphaPepe around $1.80. If that happens, the same $1,000 position would be worth about $100,000.
That is why smart money is hedging into AlphaPepe during the crash. The presale price does not fall with the market. The product is live. The users are growing. And the Q2 listing window does not care about Bitcoin’s daily candle.
Conclusion
The market is crashing. Smart money is hedging. And AlphaPepe is absorbing capital that would otherwise sit on the sidelines. The presale has raised over $1.37 million, passed 9,000 holders, and reached 5,000+ AI DEX demo users while Stage 17 remains live at $0.01804.
The 100x watchlist status is growing because the project offers something rare during a crash: a structured entry into a live product with a fixed exchange timeline ahead. The price increases every three days, and each new stage adds another hike on top. Markets crash. AlphaPepe keeps building.
Why is smart money hedging into AlphaPepe during the crash? AlphaPepe’s presale price is structured to remain stable and not drop with the market. The project has a live AI DEX, 5,000+ demo users, and a Q2 exchange debut that is not dependent on Bitcoin’s price.
What stage is AlphaPepe in now? AlphaPepe is in Stage 17 at $0.01804, with over 9,000 holders and more than $1.37 million raised.
What could a $1,000 AlphaPepe entry be worth at 100x? At $0.01804, a $1,000 buy is worth about 55,432 tokens. A 100x move to $1.80 would make that position worth about $100,000.
Disclaimer:This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risks, including the potential for total loss of capital. All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
Courtesy: Promotional artwork courtesy of Sweet Dreams Media – inspired by the iconic cover design style of Time magazine.
Los Angeles [U.S.A.], May 26: Speculation is quietly building around a potential feature film inspired by the life of Sundar Pichai, with growing attention from entertainment circles in both the United States and India. While no official announcement has been made, conversations surrounding the possibility of a biographical drama based on Pichai’s rise from South India to Silicon Valley have continued to gain momentum in recent months.
The rumored project would reportedly explore Pichai’s journey from a modest upbringing in Tamil Nadu, India, to becoming one of the most influential figures in global technology. From his academic path and early years in engineering to his rise through Google’s leadership ranks, the story has increasingly been viewed by industry observers as naturally suited for cinematic adaptation.
Sources familiar with the independent film landscape in Texas say that a Dallas-based studio called Sweet Dreams Media has quietly attracted attention while developing ambitious material under the radar. Though not widely known outside independent filmmaking circles, the studio has reportedly built recognition through regional festival success and smaller-scale productions, leading to speculation that it could be connected in some capacity to the rumored biopic.
At this stage, no director, distributor, or production timeline has been publicly confirmed. However, the continued silence surrounding the project has only intensified curiosity about whether early development conversations may already be taking place behind closed doors.
Reports have also linked emerging South Indian actor Kamalesh Muthu to the speculation surrounding the film. Muthu, who has been gradually gaining visibility across Tamil, Telugu, and Malayalam-language cinema, is rumored to be under consideration for a role connected to the project, although no official casting details have surfaced.
Industry observers note that the idea of a South Indian actor portraying one of the most globally recognized Indian-born executives would represent a notable moment for cross-cultural storytelling in mainstream international cinema. At the same time, sources stress that the focus remains firmly on the scale and significance of Pichai’s story itself, rather than on any individual company or performer reportedly connected to the early discussions.
There has also been unverified speculation regarding potential interest from major technology stakeholders, though no evidence currently confirms any corporate involvement. For now, the project remains firmly in the realm of speculation.
Still, with Hollywood increasingly embracing globally driven narratives and internationally rooted stories, many believe it may only be a matter of time before the life of Sundar Pichai finds its way to the big screen.
Speculation is quietly building around a potential feature film inspired by the life of Sundar Pichai, with growing attention from entertainment circles in both the United States and India. While no official announcement has been made, conversations surrounding the possibility of a biographical drama based on Pichai’s rise from South India to Silicon Valley have continued to gain momentum in recent months.
The rumored project would reportedly explore Pichai’s journey from a modest upbringing in Tamil Nadu, India, to becoming one of the most influential figures in global technology. From his academic path and early years in engineering to his rise through Google’s leadership ranks, the story has increasingly been viewed by industry observers as naturally suited for cinematic adaptation.
Sources familiar with the independent film landscape in Texas say that a Dallas-based studio called Sweet Dreams Media has quietly attracted attention while developing ambitious material under the radar. Though not widely known outside independent filmmaking circles, the studio has reportedly built recognition through regional festival success and smaller-scale productions, leading to speculation that it could be connected in some capacity to the rumored biopic.
At this stage, no director, distributor, or production timeline has been publicly confirmed. However, the continued silence surrounding the project has only intensified curiosity about whether early development conversations may already be taking place behind closed doors.
Reports have also linked emerging South Indian actor Kamalesh Muthu to the speculation surrounding the film. Muthu, who has been gradually gaining visibility across Tamil, Telugu, and Malayalam-language cinema, is rumored to be under consideration for a role connected to the project, although no official casting details have surfaced.
Industry observers note that the idea of a South Indian actor portraying one of the most globally recognized Indian-born executives would represent a notable moment for cross-cultural storytelling in mainstream international cinema. At the same time, sources stress that the focus remains firmly on the scale and significance of Pichai’s story itself, rather than on any individual company or performer reportedly connected to the early discussions.
There has also been unverified speculation regarding potential interest from major technology stakeholders, though no evidence currently confirms any corporate involvement. For now, the project remains firmly in the realm of speculation.
Still, with Hollywood increasingly embracing globally driven narratives and internationally rooted stories, many believe it may only be a matter of time before the life of Sundar Pichai finds its way to the big screen.
Disclaimer: This is a company press release. The publication or its staff are not responsible for the accuracy of any facts mentioned here.
Ahmedabad (Gujarat) [India], May 30: Praveg Limited (BSE – 531637), India’s leading eco-responsible luxury resorts company, reported its Audited Financial Results for the Q4 FY26 & 12 Months FY26.
Key Financial Highlights
Q4 FY26:
Consolidated
Total Income of ₹ 74.02 Cr against ₹ 59.29 Cr in Q4 FY25, up 24.84%.
EBITDA of ₹ 22.37 Cr against ₹ 16.60 Cr in Q4 FY25, up 34.76%.
Net Loss of ₹ 4.93 Cr against Net Profit of ₹ 3.33 Cr in Q4 FY25.
EPS of (1.89) against 1.58 in Q4 FY25.
Standalone
Total Income of ₹ 54.52 Cr against ₹ 43.62 Cr in Q4 FY25, up 24.99%.
EBITDA of ₹ 8.65 Cr against ₹ 11.90 Cr in Q4 FY25, down 27.31%.
Net Loss of ₹ 3.88 Cr against Net Profit of ₹ 3.03 Cr in Q4 FY25.
EPS of (1.49) against 1.16 in Q4 FY25.
Total Impact of applicability of IND AS 116 “ROU on Lease Asset” is ₹ 2.99 Cr, comprising of Depreciation on ROU Asset amounting to ₹ 1.56 Cr and Interest on Lease Liability amounting to ₹ 1.43 Cr, whereas the actual Lease rent paid in the Quarter amounts to ₹ 2.19 Cr, which impacts the PBT by ₹ 0.81 Cr.
Total Depreciation provided on Assets of 17 Resorts and Hotels during Q4 2026 amounts to ₹ 8.11 Cr.
12 Months FY26
Consolidated
Total Income of ₹ 242.44 Cr against ₹ 174.43 Cr in 12 Months FY25, up 38.99%.
EBITDA of ₹ 59.05 Cr against ₹ 56.88 Cr in 12 Months FY25, up 3.82%.
Net Loss of ₹ 9.97 Cr against Net Profit of ₹ 16.05 Cr in 12 Months FY25.
EPS of (3.81) against 6.14 in 12 Months FY25.
Standalone
Total Income of ₹ 184.75 Cr against ₹ 139.60 Cr in 12 Months FY25, up 32.64%.
EBITDA of ₹ 31.81 Cr against ₹ 45.70 Cr in 12 Months FY25, down 30.39%.
Net Loss of ₹ 12.09 Cr against Net Profit of ₹ 12.86 Cr in 12 Months FY25.
EPS of (4.62) against 4.92 in 12 Months FY25.
Total Impact of applicability of IND AS 116 “ROU on Lease Asset” is ₹ 12.08 Cr, comprising of Depreciation on ROU Asset amounting to ₹ 6.26 Cr and Interest on Lease Liability amounting to ₹ 5.82 Cr, whereas the actual Lease rent paid in the 12 Months amounts to ₹ 8.75 Cr. Total additional impact on PBT is ₹ 3.33 Cr.
Total Depreciation provided on Assets of 17 Resorts and Hotels during the 12 Months 2026 amounts to ₹ 32.23 Cr.
Key Operation Highlights
Key Highlights for Q4 FY26
Hospitality and Event segment’s Revenue contributed ₹ 54.36 Cr.
Advertisement Segment Contributed ₹ 19.24 Cr.
The company has a total of 825+ Rooms across 17 operational resorts and one hotel.
Letter of Award (LoA) received from the Government of Meghalaya Directorate of Tourism for the Development, Operation, and Maintenance of Luxury Cottages located at Umiam in Meghalaya under Design, Build, Finance, Operate, and Transfer (DBFOT) Mode on Public-Private Partnership. The project involves the development, operation, and maintenance of a minimum of 40 (forty) luxury cottages on 10 (ten) acres of land, along with all ancillary amenities and facilities. The project has been awarded a concession period of 30 (thirty) years.
Commenting on the results, Mr. Vishnu Patel, Chairman and Managing Director, Praveg Limited said, “Q4 FY26 reflects strong top-line momentum, with standalone total income growing by 24.99% to ₹ 54.52 crore, driven by our expanding hospitality footprint and continued traction in events and advertisement segments.
Our strategy remains firmly focused on disciplined expansion, operational efficiency, and strengthening our eco-responsible luxury portfolio, positioning Praveg for sustainable long-term growth and value creation.”
About Praveg Limited
Praveg is a pioneer in eco-responsible luxury hospitality. The Company’s resorts are located in areas of significance from a cultural and heritage point of view and places of exotic and natural beauty. The company’s luxury resorts allow access to locations where no traditional construction is possible, which allows tourism to flourish while ensuring the preservation of delicate local ecosystems. Due to the premium quality of the company’s resorts and the high-end experience, the resorts enjoy very high occupancy, strong pre-sales at luxury hotel rates, and a high return on capital due to the non-permanent structure of the resort.
Praveg is also a strong player in events due to its roots in event management and expertise in creating large, non-permanent, world-class structures in very short periods of time. The Events division has recently diversified into Weddings and Banquets hotels.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
