Tag: Business

  • Shyam Dhani Industries Limited Reports 26.32 Percent Jump in Total Income and 11.79 Percent Rise in EBITDA in H2 FY26

    Shyam Dhani Industries Limited Reports 26.32 Percent Jump in Total Income and 11.79 Percent Rise in EBITDA in H2 FY26

    Jaipur (Rajasthan) [India], May 30: Shyam Dhani Industries Limited (NSE – SHYAMDHANI), one of Rajasthan’s largest and most recognized spice brands, specializing in manufacturing premium-quality IPM (Integrated Pest Management) and ETO-free (Ethylene Oxide-Free) spices, has announced its Audited Financial Results for H2 & FY26.

    The Company offers over 163 varieties of high-quality spices – including Ground Spices, Blended Spices, Whole Spices, and Grocery Products. With a wide customer base across General Trade, Modern Trade, Quick Commerce, Export, Private Label, and HoReCa segments, the Company continues to expand its reach in domestic and international markets.

    Key Consolidated Financial Highlights

    Key Highlights – H2 FY26:

    • Total Income of ₹8,239.34 Lakhs, YoY growth of 26.32%
    • EBITDA of ₹824.48 Lakhs, YoY growth of 11.79%
    • PAT of ₹433.67 Lakhs, YoY growth of 12.57%
    • EPS of ₹2.64, YoY growth of 1.93%

    Key Highlights – FY26:

    • Total Income of ₹14,621.88 Lakhs, YoY growth of 17.21%
    • EBITDA of ₹1,694.91 Lakhs, YoY growth of 16.14%
    • PAT of ₹853.70 Lakhs, YoY growth of 6.16%
    • EPS of ₹5.20, compared to ₹5.41 in FY25 (decline of 3.88%)

    Commenting on the development, Mr. Ramawtar Agarwal, Chairman & Managing Director of Shyam Dhani Industries Limited said, “We are pleased to report a resilient performance during H2 FY26, reflecting the sustained momentum in our business operation and growing acceptance of our products. The Company delivered a healthy 26.32% year-on-year growth in Total Income to ₹8,239.34 Lakhs in H2 FY26, while PAT increased to ₹433.67 Lakhs during the same period, demonstrating the strength of our business discipline and expanding market presence.

    Our company believes purity and safety in Indian spices shouldn’t be a premium; it’s everyone’s right. Hence, we entered into a new era of purity by introducing “IPM and ETO Free Spices,” aiming to minimize the use of chemical pesticides and promote natural methods in conventional farming.

    Furthermore, we have strengthened the visibility of our ‘SHYAM’ brand through strategic marketing initiatives, including the promotional campaign featuring brand ambassador Ms. Preity G. Zinta.

    Moving forward, our strategic initiatives and continued emphasis on business development are expected to drive steady growth and long-term value creation. We remain focused on expanding our market reach, enhancing product quality, and driving sustainable long-term growth. We also continue to enhance our manufacturing and supply chain capabilities to efficiently cater to evolving consumer demand across domestic and international markets.”

    Operational Highlights

    Brand Endorsement Campaign Completion

    In FY27, initiated a strategic brand expansion drive with the launch of Shyam Kitchen Spices featuring Ms. Preity G. Zinta as brand ambassador.

    The campaign is aimed at strengthening brand awareness and enhancing consumer engagement across digital platforms.

    About Shyam Dhani Industries Limited

    Shyam Dhani Industries Limited, established on October 10, 2010, in Jaipur, Rajasthan, is a fast-growing spice manufacturing company committed to delivering high-quality products across India. The Company transitioned from a private limited entity to a public limited company on October 8, 2024, marking a key milestone in its growth journey. Another significant milestone was achieved in December 2025, when the Company was listed on the National Stock Exchange of India (NSE), further strengthening its growth trajectory, enhancing its market presence, and reinforcing its commitment to creating long-term value for stakeholders.

    The company operates a modern manufacturing facility in Manpura Road, Jatawali, Near Delhi Bypass, Tehsil Chomu, Jaipur, Rajasthan, supported by a registered office that also houses its packaging unit and research & development department in the Vishwakarma Industrial Area, Jaipur. It specializes in producing over 163 varieties of spices, sourcing raw materials directly from mandis and suppliers across the country to ensure quality and consistency.

    Its diverse product portfolio includes ground spices, blended spices, whole spices, and essential grocery items. With a strong presence across more than 10 Indian states, its products are widely available through leading retail chains. The company has also expanded its footprint internationally, catering to markets such as UAE, Oman, Nepal, Saudi Arabia, and Mongolia.

    For FY26, the company has reported Total Income of ₹14,621.88 Lakhs, EBITDA of ₹1,694.91 Lakhs & PAT of ₹853.70 Lakhs.

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

  • How Smart Glass Technology Is Transforming Modern Indian Architecture

    How Smart Glass Technology Is Transforming Modern Indian Architecture

    New Delhi [India], May 30: The way modern spaces are being designed is changing rapidly. Across offices, hospitals, luxury homes, hotels, and corporate environments, there is a visible shift toward cleaner interiors, intelligent automation, and flexible privacy solutions. One technology that has increasingly become part of this transition is smart switchable glass. Once considered a niche luxury product, smart privacy glass is now being adopted in practical environments where both aesthetics and functionality matter. From conference rooms requiring instant privacy to healthcare spaces seeking hygienic alternatives to curtains and blinds, intelligent glass systems are finding applications across multiple industries.

    Architects and interior consultants believe the popularity of smart glass is being driven by multiple factors simultaneously. Businesses today are looking for spaces that appear more open and sophisticated while still offering privacy when required. Traditional solutions like blinds and curtains often interrupt design continuity, whereas electronically switchable glass allows spaces to remain visually minimal and technologically adaptive. The trend is particularly visible in corporate meeting rooms, executive office cabins, premium residential interiors, hospitals, luxury hospitality environments, financial institutions, and high-end retail spaces. Industry experts also point toward increasing awareness around energy efficiency and intelligent infrastructure as contributing factors behind the rise of smart glass adoption in India.

    Best Smart Glass & PDLC Solutions Provider in India

    In India, this growing demand has contributed to the emergence of companies specializing in advanced privacy glass technologies, including Smart Glass Solutions India provider EdgeGlass, working across commercial, residential, hospitality, and healthcare projects. Having completed nearly a decade in the smart glass industry, EdgeGlass has successfully executed projects across India while continuously expanding its footprint in international markets.

    The company focuses on PDLC Smart Glass Technology systems that can transition from transparent to opaque within seconds through electrical activation. These systems are increasingly being integrated into modern architecture where flexibility, automation, and premium design are becoming standard expectations rather than optional upgrades. According to professionals working in the architectural and infrastructure sectors, clients are now prioritizing solutions that improve user experience while maintaining a premium visual identity. Smart glass systems are increasingly being viewed as part of that larger shift toward future-ready environments.

    “Modern infrastructure today demands flexibility, intelligent privacy, and clean design integration. Smart glass technology is becoming an important part of future-ready architecture,” said a spokesperson associated with EdgeGlass.

    EdgeGlass states that a large part of the recent demand is coming from organizations seeking flexible privacy systems without compromising openness and natural light. The company has been involved in projects where intelligent glass solutions are being used to create dynamic workspaces and modern interiors that align with evolving architectural expectations.

    The broader smart infrastructure movement across India is also expected to influence the adoption of intelligent glass technologies over the coming years. As more commercial and residential projects integrate automation, touch controls, and smart building systems, adaptive privacy solutions are likely to become more mainstream within contemporary design practices.

    Today, EdgeGlass stands as one of India’s trusted and experienced innovators in the smart glass sector, contributing to the modernization of architectural spaces with intelligent, design-forward, and future-ready solutions. With a proven track record of executing diverse and challenging projects, EdgeGlass operates with a team of highly trained technicians—each bringing nearly 10 years of hands-on expertise in PDLC smart glass installation. Their skill, precision, and commitment to quality have enabled the company to handle complex requirements while consistently maintaining high standards of safety, reliability, and performance.

    Founded in 2016, EdgeGlass has now completed a successful decade of delivering advanced smart glass solutions across India and international markets. Over the years, the company has installed more than 2 lakh sq. ft. of smart glass systems, marking a strong presence from Kashmir to Kanyakumari and earning recognition across multiple industries, including corporate offices, healthcare, hospitality, residential, and specialized industrial environments.

    While the industry is still evolving, one thing is becoming increasingly clear: smart switchable glass is no longer limited to futuristic concepts or ultra-premium environments. It is gradually becoming part of how modern spaces are being imagined and built.

    For more information, visit: https://edgeglass.in

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • Empower India Delivers Strong FY26 Performance with Rs 15,336 Lakhs Revenue from Operations, Registering Robust 24% Y-o-Y Growth

    Empower India Delivers Strong FY26 Performance with Rs 15,336 Lakhs Revenue from Operations, Registering Robust 24% Y-o-Y Growth

    FY26 Total Income Crosses ₹17,014 Lakhs with Net Profit Rising 245%; Company Reports EPS of ₹0.155 per Share

    Mumbai (Maharashtra) [India], May 29: Empower India Limited today announced its Consolidated Financial Results for the financial year ended March 31, 2026, and the fourth quarter ended March (Q4FY26), reporting strong growth across revenue, profitability, and operational performance.

    The company delivered a strong financial performance during FY26, with consolidated Revenue from Operations increasing to ₹15,336.70 Lakhs, registering a robust 24% Year-on-Year growth. Backed by improving operational scale, stronger execution capabilities, and expansion across core business activities, the company continued to strengthen its overall financial position during the year.

    On a consolidated basis, Revenue from Operations increased to ₹15,336.70 Lakhs during FY26 from

    ₹12,353.6 Lakhs in FY25, registering a healthy 24% Year-on-Year growth. Consolidated Total Income for FY26 stood at ₹17,013.80 Lakhs as compared to ₹12,946.70 Lakhs reported during the previous financial year, reflecting a strong 31% Year-on-Year increase.

    The company reported consolidated Net Profit of ₹1,801.17 Lakhs during FY26 as compared to ₹521.83 Lakhs in FY25, registering an exceptional 245% Year-on-Year growth. The significant improvement in profitability reflects strengthening operational performance, improved business execution, and enhanced earnings performance, with FY26 EPS rising to ₹0.155 per share from ₹0.045 per share in FY25.

    For the fourth quarter ended March 31, 2026, consolidated Revenue from Operations stood at ₹4,430.33 Lakhs as compared to ₹1,609.20 Lakhs during Q4 FY25, registering a strong 175% Year- on-Year growth. Q4 FY26 Total Income increased to ₹5,850.46 Lakhs from ₹2,119.80 Lakhs reported during the corresponding quarter of the previous year, reflecting a healthy 176% Year-on- Year increase.

    The company reported Consolidated Net Profit of ₹1,394.35 Lakhs during Q4 FY26 as compared to a net loss of ₹9.16 Lakhs during Q4 FY25, demonstrating a significant turnaround in quarterly profitability.

    On a sequential Quarter-on-Quarter basis, Empower India Limited continued to demonstrate strong operational momentum during Q4 FY26. Consolidated Revenue from Operations for Q4 FY26 stood at ₹4,430.33 Lakhs as compared to ₹4,781.25 Lakhs reported during Q3 FY26. Consolidated Total Income increased to ₹5,850.46 Lakhs during Q4 FY26 from ₹4,851.38 Lakhs in Q3 FY26, reflecting a healthy 21% Q-o-Q growth.

    The company reported Consolidated Net Profit of ₹1,394.35 Lakhs during Q4 FY26 as compared to ₹107.16 Lakhs reported during Q3 FY26, registering a sharp 1201% Quarter-on-Quarter growth. The significant improvement in profitability highlights strengthening operational efficiencies, improved business execution, and enhanced overall financial performance during the quarter.

    Building on its current momentum, Empower India Limited intends to continue focusing on strengthening its operational capabilities, expanding business opportunities across core verticals, and improving long-term scalability. The company believes increasing economic activity, digital transformation, and evolving financial market opportunities are expected to support future growth momentum. Backed by improving financial performance and disciplined execution, the company remains focused on building sustainable long-term stakeholder value.

    About Empower India Limited (EIL)

    Empower India Limited (EIL) is a Mumbai-based technology company spanning operations in diverse business verticals and geographies. EIL has been listed on the Bombay Stock Exchange, having sizeable business in Data Centre Infrastructure Management services, Cloud Computing, Information Technology Products, and IT-enabled services. EIL provides end-to-end solutions to its clients and has been instrumental in helping clients leverage its IT infrastructure at an optimum level, improving efficiency, and saving on IT spends.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • RealtyCheck 6.0 by Realatte Brings Together Real Estate and Global Tech Leaders to Decode Real Estate’s 2026 Growth Code

    RealtyCheck 6.0 by Realatte Brings Together Real Estate and Global Tech Leaders to Decode Real Estate’s 2026 Growth Code

    New Delhi [India], May 29: Gurugram witnessed one of the industry’s most insightful gatherings as Realatte successfully hosted the sixth edition of RealtyCheck, its flagship real estate leadership platform that brings together the worlds of real estate, technology, media, and marketing under one roof.

    Held at The Leela Ambience, Gurugram, RealtyCheck 6.0 brought together leading developers, marketing heads, sales leaders, and technology experts for an evening focused on one central theme – “Real Estate’s 2026 Growth Code.”

    The event featured keynote sessions, fireside conversations, and high-impact panel discussions led by speakers from global technology leaders including Google, Meta, Salesforce, Taboola, and industry leaders from the Indian real estate ecosystem.

    The speaker lineup included Aroma Kasat, Sadaf Khan, Lipika Agarwal, Amit Mathur, Apoorva Negi, Nirav Gosalia, Rahul Goyal, Rohan Shah, Mayank Vora, and Harish Patel, alongside key decision-makers and developers from across NCR. (LinkedIn)

    The conversations throughout the evening revolved around how AI, creativity, trust, customer intelligence, and technology are redefining real estate growth. Topics ranged from predictive lead quality and AI-driven personalization to the future of storytelling, media efficiency, CRM intelligence, and digital trust-building.

    One of the standout moments of the evening was the keynote address by Nikhil Agarwal – Director Signature Global Group, who spoke about the evolution of the modern homebuyer and the changing role of marketing in real estate.

    “Real estate marketing is no longer about visibility alone. Buyers today are researching more, comparing more, and trusting less. The brands that will lead 2026 are the ones that combine technology, creativity, speed, and transparency to build trust before the first site visit,” said Nikhil Agarwal during his keynote session.

    The session by Google highlighted how buyer journeys have become increasingly discovery-led and content-driven. It reiterated that today’s consumer journey is deeply digital-first, meaning developers must look beyond just lead generation to create meaningful digital experiences that actively build buyer confidence and intent.

    Salesforce shared insights around the role of connected customer journeys and technology-enabled sales ecosystems in improving conversion efficiency.

    “The future of real estate growth lies in connected experiences where marketing, sales, CRM, and customer engagement work as one integrated journey,” said Amit Mathur, Account Director – Salesforce.

    Speaking about the vision behind RealtyCheck, Rahul Goyal, Co-founder and Director at Realatte, said:

    “RealtyCheck was created to bridge the gap between technology and real estate decision-making. The idea was never just to host another industry event, but to create a platform where meaningful conversations lead to actionable growth insights for the industry.”

    The event also featured engaging panel discussions around the future of AI in real estate, the evolution of buyer trust, performance-led creativity, and how developers can move from lead generation to revenue-focused growth strategies. The discussion witnessed strong audience engagement, with attendees resonating deeply with the practical insights and market realities shared by the panelists.

    Among the key voices on the panel was Amit Kaicker – Chief Business Officer, Signature Global, who shared valuable perspectives on the importance of combining brand trust with data-driven decision-making in today’s competitive real estate landscape.

    “Real estate marketing can no longer operate in silos. The future belongs to brands that integrate technology, creativity, customer understanding, and sales intelligence into one connected growth strategy,” said Amit Kaicker during the panel discussion.

    Representatives from Taboola shared perspectives on the growing importance of content discovery and audience attention in the evolving digital ecosystem.

    “Today’s consumer doesn’t just respond to advertising, they respond to relevance. The future of real estate marketing lies in delivering the right story to the right audience at the right moment, with platforms like Realize helping marketers turn attention into measurable outcomes,” shared a Taboola spokesperson during the event.

    A fireside chat featuring leadership voices from the developer ecosystem drew significant attention, with conversations centered around the future of urban growth, buyer sentiment, and the increasing importance of brand credibility in a competitive market.

    The audience response to the event remained overwhelmingly positive, with attendees appreciating the practical insights, high-quality conversations, and relevance of the topics discussed.

    “Unlike traditional industry events, RealtyCheck felt extremely relevant to what the market is actually experiencing today. The conversations were honest, practical, and future-focused,” said Sunnet Singh, Chief Marketing Officer, Whiteland Corporations.

    Another attendee, Ankur Maheshwari, Marketing Head at Elevate Homes, shared:

    “The biggest takeaway for me was how strongly the industry is moving toward trust-led and technology-enabled growth. The discussions around AI and buyer behavior were especially insightful.”

    With six successful editions across key markets, RealtyCheck continues to strengthen its position as one of the most relevant knowledge-sharing and networking platforms for India’s real estate ecosystem.

    As the industry rapidly evolves, Realatte aims to continue expanding RealtyCheck into a platform that drives deeper collaboration between developers, marketers, technology leaders, and innovators shaping the future of real estate.

    For more information about RealtyCheck 6.0 and upcoming industry initiatives, visit:

    About Realatte

    Realatte is one of India’s leading real estate-focused marketing and technology agencies, working with top developers across the country to drive brand growth, performance marketing, creative storytelling, and digital transformation within the real estate sector.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • Lakshya Powertech Limited Announces H2 FY26 and FY26 Results

    Lakshya Powertech Limited Announces H2 FY26 and FY26 Results

    Ahmedabad (Gujarat) [India], May 29: Lakshya Powertech Limited, an engineering and infrastructure solutions provider, announced its Audited Financial Results for H2 FY26 & FY26.

    The Company delivered a steady performance during the period, supported by consistent execution across ongoing projects, improving order inflows, and a focus on operational efficiency. Growth was driven by strong demand in power and infrastructure segments, along with disciplined cost management and project delivery capabilities.

    Key Financial Highlights

    H2 FY26

    • Total Income: ₹9,169.08 Lakhs
    • EBITDA: ₹952.51 Lakhs
    • Net Profit: ₹327.67 Lakhs

    FY26

    • Total Income: ₹18,079.68 Lakhs
    • EBITDA: ₹2,090.00 Lakhs
    • Net Profit: ₹1,013.90 Lakhs

    Recent Highlights – FY26

    • Expanded international footprint through incorporation of wholly owned subsidiary “Lakshya Powertech Contracting L.L.C.” in Dubai, UAE, strengthening presence in Middle East energy and infrastructure markets.
    • Received favorable Commercial Court order in dispute against Devi Engineering & Construction Limited, enhancing recovery visibility with ₹2.06 crore principal claim along with interest and legal costs.
    • Secured ₹21.24 crore data center infrastructure order from Micron Electricals (India) Private Limited for installation and commissioning of underground diesel storage tanks.
    • Awarded major ₹641.92 crore integrated O&M services contract from Vedanta Limited, providing strong long-term revenue visibility and operational stability in the oil & gas segment.
    • Received additional orders worth ₹2.52 crore from Powerica Limited and NTT Global Data Centers & Cloud Infrastructure India Private Limited, further strengthening presence in power infrastructure and data center projects.

    Management’s Comment

    Commenting on the performance, Management stated:

    “FY26 marked a strong growth phase for Lakshya Powertech Limited, as the Company strengthened its presence across oil & gas, power infrastructure, and industrial services through improved execution capabilities, strategic order wins, and expanding client relationships. H2 FY26 reflected stronger operational momentum supported by efficient project execution and increasing participation in large-scale infrastructure projects.

    During the year, the Company secured several key orders, including a major ₹641.92 crore integrated O&M services contract from Vedanta Limited, providing strong long-term revenue visibility. Lakshya Powertech also strengthened its presence in the data center infrastructure segment through multiple project wins and expanded its international footprint with the incorporation of Lakshya Powertech Contracting L.L.C. in Dubai, UAE.

    Entering FY27, the Company remains optimistic about sustained growth supported by a healthy order book, improving execution scale, growing opportunities across core sectors, and a strong operational foundation for long-term business expansion.”

    About Lakshya Powertech Limited

    Lakshya Powertech Limited operates in the engineering and infrastructure space, providing services across power, industrial, and infrastructure projects. The Company focuses on delivering efficient and reliable solutions while strengthening its execution capabilities and expanding its presence across markets.

    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.

    For further information, please contact Corporate Communication Advisor

    For further information, please contact:

    Ms. Pooja Gandhi

    EquiBridgex Advisors Private Limited

    Email: info@equibridgex.com

    Website: www.equibridgex.com

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

  • From NHS Lorenzo to Algoqa: How Vadeesh Budramane Is Building India’s Most Consequential AI-Augmented Autonomous Testing Platform

    From NHS Lorenzo to Algoqa: How Vadeesh Budramane Is Building India’s Most Consequential AI-Augmented Autonomous Testing Platform

    Vadeesh Budramane – Founder and CEO of AlgoShack

    Bangalore (Karnataka) [India], May 28: He helped launch one of the most complex healthcare IT systems in British history. Today, he is solving the problem that broke every software team he has ever worked with.

    There is a moment in every engineer’s career that defines everything that comes after it.

    For Vadeesh Budramane, that moment came somewhere inside the NHS Lorenzo project – the United Kingdom’s flagship electronic health record platform and one of the largest, most complex healthcare IT deployments in British history. As the delivery lead for the India team, Budramane sat at the intersection of everything that can go wrong when software quality is treated as a downstream concern rather than a foundational one.

    Delays. Defects discovered too late. Test cycles that could not keep pace with a system of staggering complexity. The cost – in time, in resources, in risk to patient outcomes – was not abstract. It was immediate.

    “That project taught me something that I have never been able to unlearn,” Budramane says. “When software fails in a healthcare environment, the consequences are not just technical. They are human. And the root cause, almost every time, is the same: testing that started too late, ran too slowly, and broke the moment the system changed.”

    He carried that lesson with him through subsequent senior leadership roles at CSC India and other corporates, managing enterprise technology at a scale few Indian engineering leaders have experienced. But in January 2018, he stepped into something that three decades of corporate leadership had never quite prepared him for.

    He started from scratch.

    The Problem That Would Not Go Away

    AlgoShack was founded on a single, stubborn conviction: that software testing was not merely underperforming – it was architecturally broken.

    The tools that most enterprise engineering teams relied on had been designed for a world of quarterly releases, manual scripting, and stable application environments. By 2018, that world no longer existed. Agile sprints compressed delivery to two-week cycles. DevOps pipelines demanded continuous integration. Applications were updated not annually but daily. And yet, the testing model – scripted, manual, resource-intensive – had not fundamentally changed in fifteen years.

    “We were applying 2005 thinking to 2018 problems,” Budramane says. “The gap was not going to close with more engineers. It was going to close with a different architecture entirely.”

    That architecture became algoQA – AlgoShack’s flagship AI Augmented Autonomous Testing platform. Not AI-assisted. Not AI-enhanced. Autonomous. The distinction is one Budramane draws deliberately and repeatedly.

    Where conventional automation tools require engineers to write scripts, maintain locators, and manually update test suites when applications change, algoQA generates test cases from a simple application profile and self-heals when the system it is testing evolves. The result: up to 80 percent reduction in testing costs, up to 80 percent reduction in testing cycle time, and more than 90 percent test coverage – without a single line of manual scripting.

    Building Without a Safety Net

    What makes AlgoShack’s story unusual in the Indian SaaS ecosystem is not the technology. It is the discipline.

    In a funding environment where valuation milestones and venture capital rounds define the startup narrative, AlgoShack has grown entirely on the strength of its delivery outcomes. Fifty-five percent compound annual growth rate. Four consecutive years. Zero external funding. Three hundred plus professionals. A workforce where more than 37 percent are women in engineering roles.

    “I was not interested in building a company that needed a fundraiser to prove its value,” Budramane says. “I was interested in building a company whose clients would prove its value for us.”

    That client-outcome obsession is reflected in AlgoShack’s enterprise Net Promoter Score of 94 – a figure that places it in the company of the world’s most trusted B2B technology platforms – and a SaaS NPS of 81. Both figures are independently tracked and consistently maintained.

    The company is also building its intellectual property foundation with unusual seriousness for an Indian product startup. Two patents were published as on  May 2026, covering core innovations in autonomous test generation and auto-healing architecture. Four additional patents are in progress.

    The Frontier

    Today, AlgoShack is ranked 27th globally among more than 900 test automation companies. The company holds ISO 9001:2015 certification alongside IEC 62304 and ISO 14971 attestations – credentials that make algoQA one of the few autonomous testing platforms in India cleared for deployment in regulated medical device software environments.

    Enterprise clients across MedTech, Banking and FinTech, Retail and Digital Commerce, and Enterprise Software verticals have deployed algoQA at scale. The platform is rated 4.9 out of 5 on G2 and 5 out of 5 on SoftwareSuggest – independently, by the engineers who use it daily.

    Vadeesh Budramane is 35 years into a career defined by the belief that software quality is not a phase in the development lifecycle. It is the lifecycle.

    From the corridors of NHS Lorenzo to the engineering floors of a Bengaluru product company rewriting how the world tests software – the conviction has not changed.

    The platform built to carry it has.

    Vadeesh Budramane is the Founder and CEO of AlgoShack Technologies, a Bengaluru-based AI product company and developer of algoQA – India’s leading AI Augmented Autonomous Testing platform. AlgoShack Technologies is headquartered in Bengaluru, India.

    Website: www.algoshack.com

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • Alan Scott Enterprises Reports 15% Jump in Total Income to Rs 35.51 Cr & Reported EBITDA of Rs 1.88 Cr in FY26

    Alan Scott Enterprises Reports 15% Jump in Total Income to Rs 35.51 Cr & Reported EBITDA of Rs 1.88 Cr in FY26

    Mumbai (Maharashtra) [India], May 29:  Alan Scott Enterprises Limited (ALANSCOTT, BSE: 539115), a diversified innovation-led enterprise focused on building future-ready businesses across wellness, AI, automation, clean-tech, education, and infrastructure solutions, has reported its Audited financials for Q4 & FY26.

    Key Highlights 

    Q4 FY26 Financial Performance 

    • Total Income stood at 8.35 Cr 

    FY26 Financial Performance 

    • Total Income reported at 35.51 Cr 
    • Achieved YoY growth of 14.77% 
    • Reported EBITDA of 1.88 Cr 
    • EBITDA Margins at 5.29% 

    Q4 FY26 Segmental Revenue 

    • Retail: 7.10 Cr 
    • Automation & Robotics: 0.87 Cr 
    • Other Segments: 0.38 Cr 

    FY26 Segmental Revenue 

    • Retail: 31.67 Cr 
    • Automation & Robotics: 1.77 Cr 
    • Other Segments: 2.07 Cr

    Note- Other segments include – Alan Scott Next & Alan Scott Frontier

    Key Operational Highlights

    Alan Scott Living (Retail & Consumer)

    • MINISO franchise delivered strong growth, with quarterly sales rising to 710.04 lakhs vs 562.30 lakhs YoY 
    • Continued focus on improving unit economics and store-level efficiency over aggressive expansion 
    • Satwik Himalayan Products and Fusion Resonance are in the active commercial rollout phase 
    • Ongoing efforts to build distribution partnerships 

    Alan Scott Works (Automation & Robotics)

    • Business is undergoing a transition toward higher-value integrated solutions 
    • FY26 marked as a structured recovery phase 
    • Envirotech products in the customer validation stage 
    • Vajrashakti commenced commercial sales under the ZestWatt brand 

    Alan Scott Next (Digital & Platform Businesses)

    • Learnix entered early commercial rollout with paid institutional pilots 
    • Core platform remains stable and market-ready 
    • UpnUp Life is in the proof-of-concept stage, with external pilots underway 

    Alan Scott Frontier (Emerging & Deep-Tech Initiatives)

    • Omnis AI launched enterprise AI platform Zynd.ai, with external pilots in progress 
    • Bluverge initiated paid agri-drone services in the Baramati region 
    • Metastar (acquired April 2026) is currently being integrated into the business structure

    Commenting on the performance, Mr. Suresh Jain, a Managing Director of Alan Scott Enterprises Limited, said, FY26 has been a year of measured progress for Alan Scott Enterprises as we continued to strengthen our position as a diversified, innovation-led platform focused on future-ready sectors including AI, education, digital trust, wellness, sustainability, and deep-tech infrastructure.

    During the year, we remained disciplined in our approach to capital allocation while selectively investing in scalable and technology-driven opportunities. Our portfolio expansion across AI-powered education, blockchain-enabled identity platforms, drone technologies, enterprise AI governance, and conscious consumer brands reflects our commitment to building long-term growth engines.

    Within our digital ecosystem, UpnUp Life and Learnix are progressing through pilot and early commercialization phases, with a clear focus on real-world applications and scalable adoption. In the wellness segment, Satwik Himalayan Products continues to align with the increasing demand for sustainable and ethically sourced consumer offerings, supported by ongoing efforts to strengthen distribution.

    We are also advancing our presence in emerging technology segments through Omnis AI and Bluverge, where we are developing capabilities in enterprise AI governance, drone-led solutions, and next-generation infrastructure. Additionally, the integration of Metastar Media marks a strategic entry into the Web3 ecosystem, enabling new digital engagement and monetization avenues through platforms such as Artisteverse.

    Overall, our focus remains on disciplined execution and converting these emerging opportunities into sustainable revenue streams, positioning Alan Scott Enterprises for long-term value creation and scalable growth.”

    About Alan Scott Enterprises 

    Alan Scott Enterprises Limited is a diversified, innovation-driven enterprise focused on building scalable businesses across technology, wellness, automation, artificial intelligence, education, environmental solutions, and next-generation infrastructure. The Company operates through a structured multi-vertical model Living, Works, Next, and Frontier, each addressing critical gaps across consumer, industrial, and digital ecosystems.

    The Company’s approach combines entrepreneurial agility at the subsidiary level with centralized governance, capital allocation, and strategic oversight, enabling it to build a balanced portfolio of growth-stage and emerging businesses. Its expanding ecosystem includes AI-led platforms such as UpnUp Life, Learnix, and Omnis AI, along with Web3-focused digital engagement platform Metastar Media, reflecting a strong focus on future-ready technologies.

    In the consumer and wellness segment, the Company has established a presence through Satwik Himalayan Products and retail partnerships, catering to the growing demand for sustainable, ethically sourced, and conscious consumption. In parallel, its industrial and deep-tech initiatives span automation, environmental solutions, and energy-efficient technologies, aimed at driving scalable impact across sectors.

    Through Bluverge and other frontier initiatives, the Company is also advancing capabilities in drone technologies and infrastructure innovation, addressing real-world challenges in agriculture and public systems.

    Driven by a philosophy of purpose-led innovation and disciplined execution, Alan Scott Enterprises continues to build a diversified platform designed to create long-term value across high-growth and emerging sectors.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • Adisoft Technologies Delivers Stellar Debut Performance Post Listing with 47% H2 Revenue Growth and 42% FY26 PAT Growth

    Adisoft Technologies Delivers Stellar Debut Performance Post Listing with 47% H2 Revenue Growth and 42% FY26 PAT Growth

    Pune (Maharashtra) [India], May 29: Adisoft Technologies Limited (NSE: ADISOFT | INE20PL01012), an industrial digital automation company specializing in automated assembly lines, robotic work cells, smart material handling systems, special purpose machines (SPMs), and Industry 4.0 solutions, has announced its Audited Financial Results for H2 & FY26.

    H2 FY26 Consolidated Key Financial Highlights 

    • Total Income of ₹119.70 Cr, YoY growth of 46.58%
    • EBITDA of ₹24.56 Cr, YoY growth of 76.69%
    • EBITDA Margin of 20.52%, YoY growth of 350 Bps
    • Net Profit of ₹17.48 Cr, YoY growth of 79.47%
    • Net Profit Margin of 14.60%, YoY growth of 268 Bps
    • Diluted EPS of ₹14.65, YoY growth of 84.05%

    FY26 Consolidated Key Financial Highlights 

    • Total Income of ₹169.33 Cr, YoY growth of 26.66%
    • EBITDA of ₹32.84 Cr, YoY growth of 42.35%
    • EBITDA Margin of 19.39%, YoY growth of 214 Bps
    • Net Profit of ₹22.80 Cr, YoY growth of 42.86%
    • Net Profit Margin of 13.46%, YoY growth of 153 Bps
    • Diluted EPS of ₹19.09, YoY growth of 41.93%

    Commenting on the Performance, Mr. Ajay Chandrashekhar Prabhu, Chairman & Managing Director of Adisoft Technologies Limited said, “FY26 marks a defining milestone in Adisoft Technologies’ journey as we entered the public markets through our successful NSE Emerge listing while simultaneously delivering a strong operational and financial performance. During the year, the company reported strong growth across key financial parameters, with Total Income increasing by 27%, EBITDA growing by over 42%, and Net Profit rising by nearly 43% on a year-on-year basis. The performance reflects the strength of our engineering capabilities, execution-focused approach, and our ability to consistently deliver high-value industrial automation solutions across sectors.

    The broader industrial automation landscape in India continues to present a significant long-term opportunity. Manufacturing companies across industries are increasingly investing in smart factories, robotics integration, process automation, warehouse automation, and Industry 4.0-driven efficiencies to enhance productivity, quality, and operational reliability. Government-led initiatives supporting domestic manufacturing, localisation, and industrial infrastructure development are further accelerating this transformation. With our integrated capabilities spanning automated assembly lines, robotic work cells, material handling systems, and customised automation solutions, we believe Adisoft is strategically positioned to benefit from these structural industry tailwinds. Our growing presence across automotive, electronics, pharmaceuticals, packaging, and industrial manufacturing sectors provides strong visibility for future growth.

    As we move ahead, our focus remains firmly on scaling the business responsibly while strengthening technology capabilities, execution bandwidth, and customer diversification. The transition into a listed company marks the beginning of a new growth phase for Adisoft, bringing enhanced visibility, stronger governance standards, and access to larger opportunities within the industrial automation ecosystem. We continue to witness healthy customer enquiries and rising adoption of automation-led manufacturing solutions across industries. Supported by our upcoming manufacturing facility in Pune, expanding engineering strengths, and continued focus on innovation-driven execution, we believe the company is well positioned to deliver sustainable long-term growth.”

    About Adisoft Technologies Limited

    Adisoft Technologies Limited, headquartered in Pune, India, is an industrial digital automation company specializing in automated assembly lines, smart material handling systems, robotic work cells, special purpose machines (SPMs), and Industry 4.0 solutions. With over 13 years of experience and a workforce of 180+ employees, the company serves sectors including automotive automation, automotive OEMs, packaging & printing, pharmaceuticals, and municipal utilities. Adisoft focuses on integrating shop-floor equipment with digital and IT-enabled systems to improve operational efficiency while reducing human intervention. 

    The company has developed strong in-house design, assembly, and testing capabilities, enabling it to deliver customized automation and process control solutions. Its product portfolio includes vision-based inspection systems, tracking and traceability systems, smart conveyors, torque wrench and poka-yoke systems, and quality control automation solutions. Adisoft is also expanding into non-automotive sectors such as pharmaceutical packaging, warehouse automation, and water treatment automation, while setting up a new manufacturing facility in Pune to support future growth. 

    The Company got listed on NSE Emerge in April, 2026

    In FY26, the company reported consolidated Total income of ₹169.33 Cr, EBITDA of ₹32.84 Cr, and Net Profit of ₹22.80 Cr. 

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • Cash Ur Drive Delivers Breakout H2 FY26 Performance with 86% EBITDA Growth and 95% PAT Growth, Strengthening Foundation for Next Phase of Expansion

    Cash Ur Drive Delivers Breakout H2 FY26 Performance with 86% EBITDA Growth and 95% PAT Growth, Strengthening Foundation for Next Phase of Expansion

    Noida (Uttar Pradesh) [India], May 29: Cash Ur Drive Marketing Limited (NSE: CUDML | INE0WL201014), one of India’s fast-growing sustainable transit media companies, has reported its Audited Financials for H2 FY26 & FY26. 

    H2 FY26 Standalone Key Financial Highlights

    • Revenue from Operations of ₹108.79 Cr, YoY growth of 43.72%
    • EBITDA of ₹20.02 Cr, YoY growth of 86.06%
    • EBITDA Margin of 18.41%, YoY growth of 420 Bps
    • Net Profit of ₹18.52 Cr, YoY growth of 94.50%
    • Net Profit Margin of 16.33%, YoY growth of 408 Bps
    • Diluted EPS of ₹13.38, YoY growth of 75.36%

    FY26 Standalone Key Financial Highlights

    • Revenue from Operations of ₹186.67 Cr, YoY growth of 33.98%
    • EBITDA of ₹33.56 Cr, YoY growth of 59.20%
    • EBITDA Margin of 17.98%, YoY growth of 285 Bps
    • Net Profit of ₹29.40 Cr, YoY growth of 64.98%
    • Net Profit Margin of 15.28%, YoY growth of 276 Bps
    • Diluted EPS of ₹21.24, YoY growth of 48.74%

    Commenting on the Financial Performance, Mr. Raghu Khanna, Managing Director and Chairman, Cash Ur Drive Marketing Limited, said: “FY26 has been a transformational year for Cash Ur Drive, marked by strong financial performance, strategic expansion, and the successful execution of our long-term growth vision. Our ability to deliver healthy growth in Total Income, EBITDA and Profit reflects the strength of our business model, the increasing relevance of transit and outdoor media, and our disciplined focus on profitable growth. The expansion in margins demonstrates the scalability of our platform and our commitment to driving operating efficiencies while continuing to invest for the future.

    FY26 was also a landmark year in our corporate journey as we successfully got listed on the NSE Emerge platform in August 2025, enhancing our visibility and providing a strong foundation for our next phase of growth. Alongside this milestone, we took significant strategic steps to expand beyond traditional transit media by establishing a presence in the urban mobility and EV infrastructure ecosystem. Our investment in Kolkata Call Taxi Private Limited, strategic stake acquisition in Charj Karo Greentech Mobility Private Limited, and the award of a 10-year EV charging infrastructure concession in Rishikesh collectively create a strong foundation for recurring, asset-linked and long-duration revenue streams.

    As we enter FY27, we remain highly optimistic about the opportunities ahead. Rising urbanization, growing adoption of EVs, increasing demand for innovative advertising solutions, and our expanding portfolio of media rights and infrastructure assets provide significant headroom for growth. With a stronger platform, enhanced market presence following our successful listing, and sustained business momentum, we believe Cash Ur Drive is well positioned to accelerate value creation and build a scalable, future-ready enterprise capable of delivering long-term growth for all stakeholders.”

    Recent Key Business Highlights

    Strengthened presence in the urban mobility ecosystem through the acquisition of a ~19.06% stake in Kolkata Call Taxi Private Limited, expanding beyond transit media into mobility-linked platforms.
    Entered the EV charging segment by acquiring a 50% stake in Charj Karo Greentech Mobility Private Limited, securing access to a growing EV charging network along with associated advertising rights.
    Secured a 10-year DBFOM concession from Nagar Nigam Rishikesh for 10 EV charging stations, creating a long-tenure, asset-linked revenue stream with integrated advertising opportunities.

    About Cash Ur Drive Marketing Limited

    Founded in 2009, Cash Ur Drive Marketing Limited (“CUD” or “the Company”) is one of India’s fastest-growing out-of-home and transit media companies, pioneering sustainable and technology-driven advertising solutions. With a strong presence across major cities, CUD integrates transit, digital, outdoor, and green media assets to deliver impactful visibility for leading brands. The Company’s focus on innovation, exclusive media rights, and expansion into EV charging station advertising has positioned it as a new-age leader in the evolving media landscape. Guided by a vision to make advertising more effective, eco-friendly, and inclusive, CUD continues to redefine how brands connect with audiences on the move. 

    For FY26, the Company reported a Total Income of ₹192.38 crore, EBITDA of ₹39.29 crore, and Net Profit of ₹29.40 crore.
     
     The company got listed on NSE Emerge in August, 2025.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • XT Global Infotech Limited Delivers Stellar Performance with ~39% Jump in PAT YoY

    XT Global Infotech Limited Delivers Stellar Performance with ~39% Jump in PAT YoY

    Hyderabad (Telangana) [India], May 29: XT Global Infotech Limited (NSE – XTGLOBAL | BSE – 531225), a global IT services and digital transformation company specializing in cloud, automation, and finance & accounting outsourcing solutions, has reported its financials for Q4 FY26 & FY26. 

    Q4 FY26 Standalone Key Financial Highlights

    • Total Income of ₹19.87 Cr, QoQ growth of 9.68%
    • EBITDA of ₹3.85 Cr, QoQ growth of 337.66%
    • EBITDA Margin of 19.38%, QoQ growth of 1,452 Bps
    • Net Profit of ₹1.93 Cr, QoQ growth of 3,357%
    • Net Profit Margin of 9.73%, QoQ growth of 942 Bps

    FY26 Standalone Key Financial Highlights

    • Total Income of ₹76.55 Cr, YoY growth of 2.92%
    • EBITDA of ₹13.56 Cr, YoY growth of 19.08%
    • EBITDA Margin of 17.71%, YoY growth of 240 Bps
    • Net Profit of ₹6.81 Cr, YoY growth of 39.24%
    • Net Profit Margin of 8.90%, YoY growth of 232 Bps

    Q4 FY26 Consolidated Key Financial Highlights

    • Total Income of ₹89.61 Cr, QoQ growth of 3.22%
    • EBITDA of ₹4.39 Cr, QoQ growth of 6.94%
    • EBITDA Margin of 4.90%, QoQ growth of 17 Bps
    • Net Profit of ₹3.74 Cr, QoQ growth of 175.70%
    • Net Profit Margin of 4.18%, QoQ growth of 262 Bps

    FY26 Consolidated Key Financial Highlights

    • Total Income of ₹369.25 Cr, YoY growth of 56.49%
    • EBITDA of ₹27.03 Cr, YoY growth of 11.43%
    • EBITDA Margin of 7.32%, YoY decline of 296 Bps
    • Net Profit of ₹14.62 Cr, YoY growth of 47.51%
    • Net Profit Margin of 3.96%, YoY decline of 24 Bps

    *The sharp increase in consolidated revenue and PAT is due to the consolidation of Network Objects as a subsidiary from January 2025 onwards; hence, the figures are not strictly comparable YoY.

    Key Highlights:

    • Successfully completed SEZ exit and mutation formalities for the Madhurawada Unit, enabling the Company to actively evaluate commercial leasing opportunities expected to generate additional rental income and strengthen the bottom line.
    • Successfully implemented and operationalized multiple Zoho platforms, including Zoho CRM, Zoho Campaigns, Zoho Contracts, Zoho People, Zoho Payroll, Zoho Books, Zoho Recruit, Zoho Expense, and Zoho Analytics to enhance sales visibility, process automation, operational transparency, and centralized business management capabilities.
    • Secured strategic contracts from U.S. transportation agencies for “Internal eForms Modernization Program” and “AI Enablement for Engineering Services” with a combined contract value of approximately USD 2.39 million (around INR 22 crore).
    • FAST Practice recorded significant growth in Accounting & Outsourcing operations with expansion in Australian and U.S. markets, onboarding of multiple Australian clients, an increase in billable resources, and a monthly billing run-rate reaching USD 200,000.
    • Planned establishment of new offices in Australia and Europe to further expand IT Services and Finance & Accounting Outsourcing operations while strengthening local market presence and client acquisition capabilities.

    Commenting on the financial performanceMr. Ramarao Mullapudi, CEO, President & Director of XT Global Infotech Limited, said: FY26 was a significant year for XT Global as we continued to strengthen our IT Services, AI capabilities, and Finance & Accounting Outsourcing operations across international markets. During the year, we secured strategic contracts from leading U.S. transportation agencies for digital modernization and AI enablement projects, reflecting our growing capabilities in technology-driven transformation services.

    We also made meaningful progress in operational transformation through the implementation of multiple Zoho platforms across sales, contracts, finance, HR, and analytics functions, helping improve process visibility, automation, and operational efficiency across the organization.

    Our FAST Practice continued to witness strong momentum, particularly in Australian Accounting Operations, with expansion in resources, onboarding of new clients, and increasing monthly billing run-rate. Further, the successful completion of SEZ exit formalities for the Madhurawada Unit has opened new commercial leasing opportunities that are expected to generate additional rental income.

    With planned expansion into Australia and the Europe, we remain focused on strengthening our international presence and enhancing our integrated service capabilities across IT Services and Finance & Accounting Outsourcing operations.”

    XT Global Infotech Limited

    XT Global Infotech Limited, founded in 1986 and headquartered in Hyderabad, India, is a global IT services and solutions company specializing in digital transformation, cloud computing, automation, and finance & accounting outsourcing services. The company serves enterprises across industries, including BFSI, healthcare, manufacturing, retail, and hospitality, delivering scalable and technology-driven solutions.

    XT Global offers a wide range of services, including IT consulting, cloud and ERP solutions, robotic process automation (RPA), and business process outsourcing (BPO). It also provides its proprietary platform, Circulus, focused on accounts payable automation to enhance efficiency and financial accuracy. The company leverages strong partnerships with leading technology providers such as Oracle, Microsoft, AWS, and UiPath to deliver integrated and future-ready solutions.

    With a strong global delivery model and long-term client relationships, XT Global continues to expand its presence in high-growth areas such as cloud modernization, automation, and offshore outsourcing. Its focus on operational excellence, digital capabilities, and client-centric solutions positions it well to capitalize on increasing global demand for IT and business services.

    The company is listed on both NSE & BSE.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.