Tag: Business

New Delhi [India], February 18: Ahmedabad-based Indo US Bio-Tech Limited (BSE: 541304 NSE: INDOUS) is a leading company engaged in developing high-quality seeds through research and development. The company has released its investment roadmap up to 2030-31. It will invest Rs. 71.51 crore in agricultural innovation and research & development by 2030-31. A brief outline of the company’s roadmap is given below.

Establishment of Seed Processing Plant (2026-27):

In 2026-27, the company will invest more than Rs. 25 crore on 100 acres of land for R&D. For a controlled environment, it will establish a high-tech greenhouse on 1 acre of land with an investment of more than Rs. 5 crore. Similarly, the company will set up a net house on 3 acres of land with an investment of more than Rs. 75 lakh.

The company will also establish a 5000 square feet seed processing plant. More than Rs. 75 lakh will be invested in plant infrastructure. Rs. 1.25 crore will be invested in seed processing machinery.

• Focus on Seed Export (2026-27): During this period, the company will focus on seed exports. It will strategically expand into the US markets and undertake direct marketing expansion in Africa. The company will invest Rs. 5.70 crore to enter the US market, completing export licensing and documentation processes. An estimated annual growth of 12 percent is projected from this expansion. The revenue target for 2027-28 is Rs. 10.00 crore.

Additionally, the company will develop the African market with an investment of Rs. 5.60 crore, focusing on Kenya, Nigeria and Ghana. An annual growth of 15 percent is projected from this region, with a revenue target of Rs. 8.00 crore by 2027-28.

Thus, the company will focus on exports with a total investment of Rs. 11.30 crore. Break-even is expected by 2027-28 with an estimated initial profit margin of 25 percent. By 2035-36, combined revenue is projected to reach Rs. 49.17 crore.

Key implementation timeline:

2025-26: Export licenses and partnerships with African countries.

2026-27: Pilot marketing and initial exports.

2027-28: Full-scale operations begin.

• Establishment of a new Groundnut Seed Plant in Joint Venture (2026-27): The company will establish a new groundnut seed plant through a joint venture with an investment of Rs. 15 crore. A joint venture with 50 percent participation will be formed for processing and packaging. In 2026-27, the total company investment will be Rs. 59.55 crore.
• Tomato R&D Project (2027-28): In the first year, the company will invest Rs. 50 lakh in laboratory setup and genetic screening. In the second year, more than Rs. 75 lakh will be invested in breeding and field trials, along with resistance testing. In the third year, Rs. 1 crore will be invested in molecular studies and trials. Gene testing and advanced trials will be conducted. In the fourth year, Rs. 1.25 crore will be invested in large-scale trials and farmer feedback collection. In the fifth year, Rs. 1.50 crore will be invested in launching seeds in the market and providing farmer training.

This is a five-year project to develop disease-resistant tomato varieties with a total budget of more than Rs. 5 crore. The company expects to develop 2-3 resistant varieties and reduce yield loss by 25-40 percent.

• Bottle Gourd and Chilli R&D Project (2028-29): In the first year of the bottle gourd R&D project, more than Rs. 22 lakh will be invested in lab setup, screening and germination collection. In the second year, more than Rs. 28 lakh will be invested in hybridization, cross-breeding, field trials and disease testing. In the third year, more than Rs. 35 lakh will be invested in advanced trials including multi-location and pre-commercial trials. In the fourth year, sales of bottle gourd seeds will begin, with more than Rs. 40 lakh invested in full-scale production, marketing and farmer training. Total investment in the bottle gourd R&D project is estimated at more than Rs. 1.25 crore.

Under the chilli R&D project, in the first year the company will invest more than Rs. 35 lakh in collection and screening, germplasm collection, laboratory screening and marker identification. In the second year, Rs. 50 lakh will be invested in cross-breeding, marker validation and multi-location trials. In the third year, more than Rs. 60 lakh will be invested in advanced testing, germplasm improvement and pre-commercial seed launch. In the fourth year, full-scale seed production will begin with Rs. 70 lakh invested in marketing. Total investment in the comprehensive four-year chilli R&D project is estimated at Rs. 2.15 crore.

• Increase in Processing Plant Capacity (2029-30): During this period, the company will purchase state-of-the-art machinery for increased production capacity, install advanced sorting machines for maximum efficiency and expand facility space.

Through this implementation approach, the company will achieve comprehensive facility modernization. Each phase builds upon the previous one, ultimately resulting in a fully optimized processing plant. Total investment for 2028-29 is estimated at Rs. 5 crore.

8 Brinjal R&D Project (2029-30): Under the brinjal research and development project, in the first year the company will invest Rs. 50 lakh in germplasm collection, disease screening and laboratory setup for molecular breeding. In the second year, more than Rs. 65 lakh will be invested in molecular marker-assisted breeding and bacterial wilt resistance testing. In the third year, more than Rs. 60 lakh will be invested in advanced multi-location trials and Phomopsis blight resistance validation. In the fourth year, brinjal seeds will be commercialized with more than Rs. 70 lakh invested in full-scale production and farmer training programs.

The project focuses on developing high-yield hybrid varieties resistant to bacterial wilt, Phomopsis blight and fruit and shoot borer. A 50-60 percent improvement in yield is expected for farmers.

Total investment in the four-year development cycle is estimated at more than Rs. 2.65 crore. Revenue of more than Rs. 31.25 crore is targeted by the sixth year of the project.

• Tomato Seed R&D Project (2030-31): Under the two-year structured initiative, the company will work on five key stages including planning, laboratory analysis, product development, testing and commercialization. Total investment in infrastructure, human resources, materials, testing and marketing is estimated at Rs 2.69 crore. The project aims to transform tomato seeds into innovative health and agricultural solutions through nutrient extraction and sustainable methods.

In conclusion, the company will invest Rs. 71.51 crore in various agricultural innovation and research & development projects by 2030-31. This is expected to drive revenue growth, profitability and market expansion. The company management anticipates strong performance supported by improved operational efficiency and strategic growth in both domestic and international markets, with profit margins steadily increasing and potentially reaching up to 70 percent.

Note: Timelines of all projects  may change or be adjusted based on seasonal weather patterns and  agricultural conditions.

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The image shared is a render image. Maharera Number- PR1180002501971 

Mumbai (Maharashtra) [India], February 18: Mehta Realty, a name synonymous with top-tier projects and heralded by a 48-year legacy, has unveiled the latest addition to their portfolio – Mehta Marquina, an integrated lifestyle destination moulded on the principles of balance, calm and everyday ease. Located beside Mumbai’s green lung – the Aarey Forest, the project is designed as a restorative retreat where nature flows seamlessly into everyday life and mindfulness is infused into the structure’s DNA. Mehta Marquina thus is a perfect amalgamation of form and function, where modern geometry intersects natural materials, where layouts welcome sunlight, fresh air, and openness into every home, and where wellness is prized as the ultimate luxury.

• The striking 38-storey project blends seamless connectivity with enhanced quality of life at one of Goregaon’s most coveted addresses
• The 2 and 3 Bed deck residences bring the outdoors in, allowing the tranquillity of one of Mumbai’s greenest expanses to flow effortlessly into the daily routine
• The state-of-the-art wellness-themed amenities occupy an intuitive layout, carefully designed to offer residents the most restorative living experience

The structure comprises 2 & 3 Bed deck residences that not only offer panoramic views but also emanate gentle calm. Residents are thus invited to replace the mayhem of city living with a slower, more balanced way of existence. The project’s layout is intuitive, with every detail consciously planned to create a sense of calm from the moment residents step in. While landscaped podiums encourage relaxed daytime living, elevated retreats offer moments of quietude and respite while soaking in the most resplendent views of the city.

From the eight-level podium parking that offers residents direct access to their designated space to the grand entrance lobby that is furnished with high-speed elevators, daily arrivals and departures at Mehta Marquina feel more effortless. Nest 9 is the project’s social heart, which elevates everyday moments and shared experiences to unforgettable memories. The multipurpose court, mini golf course, Pilates studio and callisthenics corner add a social edge to wellness, while the infrared therapy chamber, cold plunge facility reflect Mehta Realty’s dedication to facilitating the latest regenerative therapies. Altitude 120, located on the building’s rooftop at 120 meters above, makes relaxation feel even more indulgent with hydrotherapy facilities, a jacuzzi, an observatory, an infinity pool and a sunset lounge that encourage residents to unwind in harmony with nature.

An intentional commitment to sustainability has shaped the very foundations of the project – Mehta Marquina is an IGBC Gold Pre-Certified Green Building, supporting energy efficiency, water conservation and a healthier living environment through every step of the planning and execution process. From responsible construction practices and mindful material choices to systems that reduce environmental impact and enhance everyday comfort, Mehta Marquina  reflects Mehta Realty’s long-term commitment to building a better tomorrow.

Mehta Marquina has been positioned as a legacy investment that’s primed for long-term value creation. With East Goregaon showing steady price appreciation, driven by infrastructure upgrades, metro connectivity and limited premium housing supply, the neighbourhood’s central location between the railway station and the Western Express Highway ensures strong accessibility while supporting everyday routines. Mehta Marquina further adds to these advantages by facilitating efficient entry and exit access, while opening the doors to a micro-market that is rapidly gaining momentum. While being rooted in nature, the location is also aligned with ongoing infrastructure growth and has a strong potential future value appreciation.

Ruchit Mehta, Partner at Mehta Realty, said, “Since our inception, Mehta Realty has built a peerless reputation for our meticulous approach to development, bringing together world-class lifestyle experiences and a homeowner-first focus. Mehta Marquina is an extension of that philosophy, and of our focus on creating spaces that are perfectly suited to the evolving needs of modern-day homeowners. In addition to being an iconic landmark that offers breathtaking views of the scenic locality, Mehta Marquina represents our commitment to creating legacy projects that are built for future generations and continue to yield value for our customers throughout their lifecycle.”

 About Mehta Realty:

Mehta Realty has been a pivotal force in shaping Mumbai’s skyline. With a rich heritage in real estate, the group has delivered landmark residential and commercial projects that stand as a testament to thoughtful planning, enduring quality, and community-centric design. Guided by the core values of Trust, Integrity, and Innovation, Mehta Realty is dedicated to building a sustainable future, with a vision to become a carbon-neutral organisation by 2035.

Mehta Realty –  https://mehtamarquina1978.com/

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Mumbai (Maharashtra) [India], February 18: Globe Civil Projects India Limited, an EPC-focused infrastructure company, has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, as approved by its Board of Directors.

The Company continued to demonstrate stable operational execution during the period, supported by progress across ongoing projects and disciplined cost management within its Engineering, Procurement and Construction (EPC) operations.

Key Financial Highlights – (Standalone)

9M FY26

• Total Income: ₹2481.37 Million

• Profit Before Tax (PBT): ₹ 233.45 Million

• Net Profit: ₹175.67 Million

• Net Profit Margin (NPM): ~7.07%

• Earnings Per Share (EPS): ₹3.23

Q3 FY26 

• Total Income: ₹937.57 Million

• Profit Before Tax (PBT): ₹79.96 Million

• Net Profit: ₹65.28 Million

• Net Profit Margin (NPM): ~6.96%

• Earnings Per Share (EPS): ₹1.10

Key Financial Highlights – (Consolidated)

9M FY26

• Total Income: ₹2645.70 Million

• Profit Before Tax (PBT): ₹ 233.19 Million

• Net Profit: ₹175.41 Million

• Net Profit Margin (NPM): 6.63%

• Earnings Per Share (EPS): 3.23

Q3 FY26 Highlights

• Total Income: ₹1020.91 Million

• Profit Before Tax (PBT): ₹79.84 Million

• Net Profit: ₹65.16 Million

• Net Profit Margin (NPM): 6.37%

• Earnings Per Share (EPS): 1.10

Mr. Vipul Khurana, Managing Director, Globe Civil Projects Limited, said:

“The performance during the quarter and the nine-month period reflects the Company’s continued focus on disciplined execution, effective cost management, and steady progress across its EPC projects. Despite a dynamic operating environment, we were able to maintain stable revenues and profitability through prudent project selection and efficient resource utilization.”

“We remain committed to strengthening our execution capabilities, improving working capital efficiency, and selectively pursuing opportunities aligned with our risk framework. With an improving project pipeline and a strong focus on operational discipline, we are cautiously optimistic about sustaining growth momentum in the coming periods.”

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Surat (Gujarat) [India], February 18: Ventura AirConnect, Surat’s own regional airline, has launched flights connecting the city with Ahmedabad, Bhavnagar, Rajkot and Amreli, reducing the travel time between Surat and Saurashtra to just 30 minutes.

The public-spirited vision of Ventura AirConnect’s mentors Govind Dholakia, Savji Dholakia and Lavji Badshah, and their commitment to public service has ensured that this essential regional air service has continued uninterrupted since 2014.

Ventura AirConnect has been operating daily flights between Surat–Ahmedabad, Surat–Bhavnagar, Surat–Rajkot and Surat–Amreli for more than 11 years using Cessna Grand Caravan 9-seater aircraft, which is one of the world’s safest aviation categories. The airline offers these services at highly affordable fares, making air travel accessible to people across all sections of society. Over two lakh passengers have availed of the service so far.

Each aircraft operates with nine passengers and two pilots. Flight durations are approximately 30 minutes to Bhavnagar, 45 minutes to Amreli, and 60 minutes to Ahmedabad and Rajkot, significantly reducing travel time across the state.

It is noteworthy that Ventura AirConnect is the only airline in India to have operated continuous daily services with small aircraft at economical fares from a single base for over 11 years. The airline also holds a leading position in the NSOP (Non-Scheduled Operator Permit) category, a matter of pride for both Surat and Gujarat.

Passengers have consistently shared positive feedback, stating that travelling on Ventura’s aircraft offers a unique experience compared to larger airlines. Many travellers appreciate being able to observe cockpit operations during flight, while the absence of additional charges for window seats has added to customer satisfaction. The airline has also enabled elderly passengers, children and first-time flyers from modest backgrounds to experience air travel at nominal fares.

Ventura AirConnect was launched when commercial airline services were suspended from Surat following the buffalo-hit incident in 2014. The promoters launched the venture without concern for financial losses, solely in the interest of the city. That vision, along with Ventura AirConnect’s efforts, have contributed significantly to the development of Surat International Airport.

Ventura AirConnect said Surat symbolises progress and development, and the aviation sector in the city has shown strong enthusiasm and support since the company’s inception.

Ventura AirConnect has recently introduced a luxurious, high-speed and ultra-safe 8-seater Pilatus PC-12 aircraft, manufactured in Switzerland, to expand its charter flight services. This charter service allows passengers to travel from Surat to destinations of their choice and is especially beneficial for emergency travel and corporate requirements across Gujarat.

Demonstrating its commitment to humanity, Ventura AirConnect recently also launched a dedicated organ transport air service. The airline has received medical approval to transport human organs swiftly between cities. This service is now being successfully implemented across Gujarat and will soon be extended to other states at affordable rates.

The objective behind this initiative is not only civic service but also saving human lives by ensuring timely organ delivery in emergency situations. The aircraft used for this service is registered as VT-DEV, aptly named Dev, symbolising its role as a “divine messenger” in saving lives. Through this initiative, Ventura AirConnect has once again shown the vital role the private sector can play in humanitarian service.

Moreover, Ventura AirConnect has launched Surat’s only advanced aircraft maintenance facility, which is expected to usher in a new era of aircraft maintenance in the city, attracting aircraft from across India. With airports such as Mumbai and Ahmedabad facing congestion, limited space and high maintenance costs, Surat Airport is expected to emerge as a preferred maintenance hub, thereby enhancing its global stature.

Ventura AirConnect continues to offer affordable daily flight services across Gujarat. Bookings and information are available at www.flyAirConnect.com, via 99099 00100, or toll-free number 1800 1080 108.

 

Technogym’s Sand Stone Collection

New Delhi [India], February 18: The Sand Stone collection by Technogym offers a renewed aesthetic inspired by nature, combining careful design and advanced materials to differentiate and elevate the design of the most exclusive wellness spaces. The authenticity and warmth of typical Mediterranean sandstone give rise to a versatile and sophisticated palette, capable of combining performance, sustainability, and timeless elegance in a wide variety of premium wellness contexts. The neutral tones and meticulously designed finishes allow the products to blend perfectly with wood, stone, and other high-quality materials, creating authentic and immersive spaces.

Sand Stone’s versatile and cross-cutting aesthetic offering is the only one that enables the creation of wall-to-wall wellness spaces that include products for cardio, strength and functional training in a complete family feeling. This creates a refined environment where design and performance merge into a seamless experience across different lines and products: Technogym Checkup, Artis cardio, Artis strength, Biostrength, up to Personal Tools and Technogym Reform.

Designed for both homes and high-end wellness spaces in hotels, residential complexes, and fitness clubs, Sand Stone allows you to create highly distinctive environments. Thanks to Sand Stone, architects can differentiate their offerings thanks to a consistent and uniform aesthetic that helps improve brand identity, customer experience, and perceived value. Every space becomes an opportunity to communicate quality, refinement, and a wellness-conscious approach.

Sand Stone’s innovation extends to its materials and finishes, designed to foster a renewed connection with nature through textures, colors and sensations inspired by the natural world.

Speckled Stone: the product casings are made from an innovative plastic material that contains 2-3% natural mica for a texturized effect reminiscent of real stone. 30% of these components come from recycled materials to reduce production impact. Warm Titanium: frames and inlays (the details that define the silhouettes of Artis products) in a metalized titanium finish express both luxury and technology, inspired by contemporary design’s most iconic hi-tech objects. Clay: all the tactile surfaces that come into direct contact with the user, such as handles and seats in vegan leather, are made from an opaque warm material that is pleasing to the touch, designed for natural and comfortable interaction. Beech and ash wood: the presence of natural wood veining reflects the most organic, living dimension of the material (in the Personal Tools handles and Technogym Reform frame).

Together, these elements create a holistic and exclusive design language made up of warm and welcoming tones that invite everyone to train without intimidation, offering users a unique wellness experience and operators the opportunity to create unique and differentiated spaces.

https://www.technogym.com/en-IN/

Founded in 1983, Technogym is a world-leading brand for fitness, wellness, sport, and health. Technogym offers a complete ecosystem made of connected smart fitness equipment, digital services, training content and apps that enable each user to access a fully personalized workout experience, anywhere and anytime: at home, at the gym and on-the-go. With over 2,500 employees Technogym is present in over 100 countries. More than 70 million people train with Technogym equipment in 100,000 wellness centers and 500,000 private homes in the world. For the tenth time, Technogym has been appointed as the Official Supplier of the Milano Cortina 2026 Winter Olympics and Paralympics and it’s the reference brand for the training of worldwide champions.

New Delhi [India], February 18: From studying under streetlights in Secunderabad to becoming the CEO of Orchestro AI, Shekhar Natarajan’s life story has inspiring, to say the least. His trajectory has been a rare blend of corporate mastery and purpose-driven reinvention, starting with his journey in America with $34 in his pocket.

He had grown up in South Central India, in a one-room house in Secunderabad where his family lived without electricity. He studied under street lights because there was no other way to read at night. His mother bound newspapers to earn a few rupees; when he needed money for education, she pawned her wedding ring for 30 rupees.

That sacrifice — a mother’s wedding ring traded for a son’s future — shaped everything that followed.

“Real wealth is not money,” Natarajan says. “Real wealth is wisdom. My mother understood that. She gave up her most precious possession so I could learn. That’s not optimization — that’s love.”

The Corporate Ascent

From those beginnings, Natarajan built one of the most remarkable careers in American business. He earned degrees from Georgia Tech, MIT, Harvard Business School, and IESE. He spent 25 years in Fortune 500 leadership at companies including Coca-Cola, PepsiCo, Walmart, Target, Disney, and American Eagle.

At Walmart, he grew the grocery business from $30 million to $5 billion. He pioneered crowdsourced delivery systems that transformed how products reach consumers. At Disney, he helped create the MagicBand experience that millions of visitors now take for granted. Along the way, he accumulated over 207 patents.

He was, by any measure, a master optimizer — someone who understood how to squeeze efficiency from complex systems, how to make supply chains faster and cheaper, how to scale operations across continents.

And then he looked at what optimization had wrought.

The Reckoning

“I spent decades making systems more efficient,” Natarajan reflects. “Faster. Cheaper. More scalable. And I was good at it. But efficiency without ethics is just sophisticated cruelty.”

He saw delivery workers pushed to dangerous speeds by algorithms he could have designed. He saw loan collection systems that automated harassment with techniques he could have invented. He saw welfare systems that deleted hungry children from databases with the same dispassion they’d delete duplicate records.

The skills he had spent a lifetime developing were being used to harm people. Not by villains — by systems. By algorithms optimizing for metrics that didn’t include human dignity.

“The people building these systems aren’t evil,” he says. “They’re optimizing for the metrics they’re given. The problem is that the metrics don’t include compassion. They don’t include dignity. They don’t include the child asking her mother for rice.”

The Morning Practice

Every morning at 4 AM, Natarajan practices classical Indian painting.

It is both artistic expression and problem-solving methodology. The discipline of the brush, the patience of the stroke, the attention to detail — these are not separate from his work on AI. They are preparation for it.

“Building technology with love, not speed, over thousand-year timeframes” — this is how he describes his philosophy. It sounds impractical until you realize what the alternative has produced.

Move fast and break things. Santoshi Kumari was broken.

Disrupt everything. Bhupendra Vishwakarma’s family was disrupted.

Scale at all costs. The cost was paid by gig workers dying on the roads.

“We’ve tried building technology fast,” Natarajan says. “Now let’s try building it right.”

The Wedding Ring

Natarajan still thinks about his mother’s wedding ring.

“She didn’t optimize,” he says. “She sacrificed. She gave up something precious so something more precious could grow. That’s what love does. That’s what the best technology should do — not extract value, but create space for human flourishing.”

Angelic Intelligence is, in some ways, an attempt to encode that mother’s love into computational systems. To build AI that asks, before every action: Does this help people flourish? Does this create space for dignity? Does this honor the sacrifice of those who came before?

It’s an audacious project. It may be an impossible one.

But someone has to try.

“I came from nothing,” Natarajan says. “I studied under street lights. I know what it means to be invisible to systems. And I know that the child asking for rice in Jharkhand is not a deletion error. She’s a human being. If our technology can’t see that, our technology is broken.”

He pauses.

“My mother pawned her wedding ring so I could have a future. I’m trying to build AI that honors that sacrifice — AI that sees every human being as worthy of that kind of love.”

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Mumbai (Maharashtra) [India], February 18: Emerald Finance Limited (BSE: EMERALD), a dynamic financial service company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has significantly expanded its Earned Wage Access platform by onboarding seven new employer partners during February 2026 (till 16th February) across multiple sectors and geographies.

During the month, the Company partnered with

• Vikas Ecotech Limited (New Delhi),

• Aruna Enterprises (Haryana),

• Dharam Chand Dwarka Das Agarwal (Kanpur, Uttar Pradesh),

• Clara Vyapar Private Limited (Uttar Pradesh),

• Bholaa Jewels (Chandigarh),

• AKMV Consultants Private Limited (Gurugram, Haryana

• Logam India (Kanpur)

to roll out its Early Wage Access solution for their employees.

Through these partnerships, eligible employees can access a portion of their earned salary during the month, helping them meet short-term financial needs without waiting for the regular payday. The solution operates through a structured salary advance model, where the amount availed is recovered seamlessly through payroll deductions, ensuring convenience, transparency, and disciplined credit management.

The expansion highlights Emerald Finance Limited’s strategy to scale its employer-linked, salary-based financial solutions and strengthen its retail-focused product portfolio. By collaborating with employers across manufacturing, trading, jewellery, and consulting sectors, the Company is building a diversified and scalable Earned Wage Access ecosystem.

These partnerships also reflect the growing acceptance of Earned Wage Access as a responsible financial tool that supports employee financial well-being while maintaining strong operational and credit discipline.

Emerald Finance Limited continues to focus on expanding its EWA platform across regions and industries, reinforcing its commitment to delivering practical, technology-driven, and customer-centric financial solutions.

Commenting on the partnerships Mr. Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are pleased with the strong momentum witnessed in February with the addition of multiple employer partnerships across diverse sectors and regions. These collaborations reinforce the growing acceptance of our Earned Wage Access platform as a practical and responsible financial solution for salaried employees.

Our Early Wage Access service is designed to provide employees with timely access to a portion of their earned income, helping them manage short-term financial needs without disrupting the regular salary cycle. By working closely with employers and adopting a salary-linked recovery mechanism, we ensure a seamless experience for employees while maintaining strong credit discipline.

Looking ahead, we see Earned Wage Access as a scalable and sustainable opportunity. We plan to expand this offering across more organizations and industries, leverage technology to improve adoption, and build a steady, fee-based income stream. This initiative aligns well with our long-term strategy of strengthening our retail-focused financial products and creating recurring, asset-light growth opportunities.”

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Howrah (West Bengal) [India], February 18:Karnika Industries Limited, a textile and apparel manufacturing company, has announced its unaudited standalone and consolidated financial results for the quarter and nine month ended December 31, 2025, as approved by its Board of Directors at its meeting held on 14th Feb 2026.

The Company continued to demonstrate strong operational performance during the period, supported by healthy demand across its product portfolio, efficient production planning, and disciplined cost management, resulting in improved profitability and sustained growth momentum.

Key Financial Highlights – (Standalone)

Q3 FY26 

• Total Income: ₹6,092.08 Lakh (YoY growth: ~298%)

• EBITDA: ₹1,025.74 Lakh (YoY growth: ~211%)

• Profit Before Tax (PBT): ₹848.19 Lakh

• Net Profit: ₹629.21 Lakh (YoY growth: ~346%)

• Net Profit Margin (NPM): ~10.41%

• Earnings Per Share (EPS): ₹1.01

9M FY26

• Total Income: ₹16,496.63 Lakh

• EBITDA: 3072.22 Lakh

• Profit Before Tax (PBT): ₹ 2,538.60 Lakh

• Net Profit: ₹1,875.65 Lakh

• Net Profit Margin (NPM): ~11.48%

• Earnings Per Share (EPS): ₹5.45

Key Financial Highlights – (Consolidated)

Q3 FY26 

• Total Income: ₹7419.53 Lakh

• EBITDA: ₹1064.58 Lakh

• Profit Before Tax (PBT): ₹ 884.93 Lakh

• Net Profit: ₹660.50 Lakh

• Net Profit Margin (NPM): ~8.96%

• Earnings Per Share (EPS): ₹1.05

9M FY26

• Total Income: ₹17,827.76 Lakh

• EBITDA: ₹3,111.06 Lakh

• Profit Before Tax (PBT): ₹2,575.35 Lakh

• Net Profit: ₹1,906.95 Lakh

• Net Profit Margin (NPM): ~10.79%

• Earnings Per Share (EPS): ₹5.52

Management’s comment:

“The strong performance during the quarter and the nine-month period reflects our continued focus on operational efficiency, disciplined cost management, and consistent execution across our manufacturing operations. Improved profitability was driven by higher capacity utilization and effective control over input and operating costs.”

“Looking ahead, we remain focused on strengthening our production capabilities, expanding our customer base across domestic and export markets, and enhancing operational efficiencies. With a resilient business model and a prudent approach to growth, we are confident in sustaining momentum and creating long-term value for all stakeholders.”

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Mumbai (Maharashtra) [India], February 17: Khazanchi Jewellers Limited (BSE: 543953), one of the leading Indian jewellery companies specializing in gold, diamonds, precious stones, and bullion items has announced its unaudited Financial Results for Q3 & 9M FY26.

Key Financial Highlights

9M FY26 Financial Highlights

Total Revenue of ₹ 1,542.02 Cr, YoY growth of 34.04%

EBITDA of ₹ 89.12 Cr, YoY growth of 96.91%

EBITDA Margin of 5.78%, YoY expansion of 185 Bps

PAT of ₹ 63.82 Cr, YoY growth of 96.92%

PAT Margin of 4.14%, YoY expansion of 132 Bps

EPS of ₹ 25.76, YoY growth of 96.64%

Q3 FY26 Financial Highlights

Total Revenue of ₹ 589.26 Cr, YoY growth of 49.60%

EBITDA of ₹ 35.34 Cr, YoY growth of 114.51%

EBITDA Margin of 6.00%, YoY expansion of 181 Bps

PAT of ₹ 25.13 Cr, YoY growth of 103.02%

PAT Margin of 4.26%, YoY expansion of 112 Bps

EPS of ₹ 10.12, YoY growth of 102.40%

Commenting on the financial performance Mr. Rajesh Mehta, Chairman & Joint Managing Director, Khazanchi Jewellers Limited said “We delivered a strong and well-rounded performance in Q3 and 9M FY26, driven by sustained business momentum, improved operational efficiencies, and healthy demand across key product categories. Our continued focus on design innovation, brand building, inventory discipline, and customer experience further strengthened our market position and profitability.

Growth remained broad-based across both our B2B and B2C segments. While our wholesale business expanded its partner network and market reach, our retail segment witnessed encouraging traction supported by festive demand and improved realizations. This balanced performance strengthens our diversified model and will further help us accelerate sustainable growth in the coming periods.”

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Jaipur (Rajasthan) [India], February 17: As Artificial Intelligence increasingly shapes everyday life, questions around its environmental and social footprint are moving into the mainstream. At the Youth Eco Summit 2026, these concerns were explored through a convergence of cultural influencers, policymakers, and young voices highlighting the growing need for accountability in the age of rapid technological advancement. Organised by the Bajaj Foundation, brought together with the Ministry of Electronics and Information Technology, the Ministry of Environment, Forest and Climate Change, UNICEF YuWaah, and TECNO, the Youth Eco Summit brought together students from 66 cities across India, positioning youth at the centre of discussions on sustainability, accountability, and technological impact.

The summit saw participation from Environmentalist and Model Milind Soman, Actor Rohit Saraf, and UNDP India Youth Champion and Actor Sanjana Sanghi, who together unpacked the challenges, responsibilities, and opportunities emerging from the rise of Artificial Intelligence. Their presence brought a cultural lens to conversations traditionally dominated by policy and technology, reinforcing the idea that responsible innovation must resonate beyond boardrooms and institutions.

Adding a leadership perspective from the technology industry, Arijeet Talapatra, CEO of TECNO Mobile India, spoke about the responsibility that accompanies access to advanced technology. He noted that purpose-driven applications of AI have the potential to address environmental challenges, reduce waste, and encourage more sustainable lifestyles—emphasising that innovation must be guided by intent, not excess.

Policy and civic engagement perspectives were reinforced by Seep Agrawal, Lead – Civic Engagement at UNICEF YuWaah, who highlighted the importance of collaboration between youth, institutions, and cultural voices. She stressed that meaningful change occurs when young people are treated as collaborators in solution-building, rather than passive participants in dialogue.

The summit experience extended beyond panel discussions through the Green Education and Knowledge Lawn, which featured interactive zones such as Waste Reimagined, the TECNO Knowledge Walk, the TECNO AI Meme Studio, and the E-Waste Pledge Booth. These spaces translated complex sustainability challenges into tangible, experiential learning moments. At the TECNO AI Meme Studio, students explored themes of green coding, energy-conscious algorithms, and the often-overlooked resource demands of digital consumption. Using memes as a medium, participants transformed technical ideas into accessible narratives that resonated with their peers.

Offering a global perspective, Viransh Bhanshali, Chief of Staff at the Oxford Union, spoke about the convergence of technology, policy, and civic action, emphasising that emerging technologies must evolve alongside accountability frameworks to create lasting impact.

Concluding the summit, Pankaj Bajaj, Director of the Bajaj Foundation, underscored that the presence of students was driven by intent rather than obligation. He remarked that the real outcome of the Youth Eco Summit would be determined by whether the ideas discussed translate into action—choices that will ultimately shape the future.