Tag: press-release

Mumbai (Maharashtra) [India], May 17: Dhruv Consultancy Services Ltd. (BSE – 541302: NSE – DHRUV), one of the leading infrastructure consultancy companies in India, reported an audited financial result for the Q4 & FY25.

Key Financial Highlights:

Consolidated Key Financial Highlights Q4 FY25

• Total Income of ₹ 28.03 Cr, YoY growth of 12.09%
• EBITDA of ₹ 4.91 Cr, YoY growth of 75.99%
• Net Profit of ₹ 1.99 Cr, YoY growth of 359.82%
• Diluted EPS: ₹1.13, YoY growth of 289.66%

Consolidated Key Financial Highlights FY25

• Total Revenue: ₹103.52 Cr, YoY growth of 25.61%
• EBITDA: ₹15.78 Cr, YoY growth of 6.96%
• Net Profit: ₹6.90 Cr, YoY growth of 17.26%
• Diluted EPS: ₹4.14, YoY growth of 6.70%

Speaking on the financial performance, Mrs. Tanvi Dandawate Auti, Managing Director of Dhruv Consultancy Services Limited, Said, “We are pleased to announce that we did exceptionally well in FY25, driven by consistent project wins and strategic expansion into high-value sectors. This year marked our breakthrough into the railway sector with our General Consultancy contract from West Central Railway, alongside major wins in highways and urban infrastructure across multiple states.

With a total contract value of ₹573+ Cr, our execution momentum remains strong. We are confident that this solid foundation, backed by a diversified project portfolio, will continue to propel sustainable growth and long-term value creation for our stakeholders.”

Key Q4 FY25 Highlights

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Mumbai (Maharashtra) [India], May 17: Intense Technologies Limited (NSE: INTENTECH | BSE: 532326), a globally operating platform-led services company delivering mission-critical solutions in customer communications, data management, and process automation, today announced its audited Q4 FY25 results, highlighting its continued impact across the BFSI, Telecom, and Government sectors.

Key Consolidated Financial Highlights

FY25

Total Income of ₹ 15,370.31 Lakhs, YoY growth of 31.92%EBITDA of ₹ 2,553.38 Lakhs, YoY growth of 12.43%EBITDA Margin (%) of 16.61%,

PAT of ₹ 1,632.31 Lakhs, YoY growth of 4.39%PAT Margin (%) of 10.62%

EPS of ₹ 7.00

Q4 FY25

Total Income of ₹ 3595.36 LakhsEBITDA of ₹ 437.47 LakhsEBITDA Margin (%) of 12.17%PAT of ₹ 272.07 LakhsPAT Margin (%) of 7.57%

EPS of ₹ 1.21

Growth Engagements

• We’ve expanded our global footprint with new sales offices in Mumbai and the U.S., reinforcing our commitment to capturing high-growth opportunities in local and international markets. Our go-to-market strategies are now more locally tailored, with offerings designed to meet both regional and global enterprise needs.
• Our green shoots are strategically positioned to evolve into long-term, recurring revenue streams across core industries such as BFSI, telecom, and public sector. These early wins are already contributing healthily to the pipeline, validating both our market approach and value proposition.
• Our reinforced leadership, built with domain veterans and transformation experts bring the strategic depth, industry foresight, and operational sharpness needed to deepen client relationships and scale sustained outcomes.
• Through AI-driven continuous optimization, we are helping clients reduce operational friction and unlock new levels of efficiency, fuelling both top-line and bottom-line growth.
• We are actively farming existing accounts, deepening partnerships and expanding our footprint by delivering ongoing value through tailored solutions and continuous innovation.

We are strongly positioned with AI and Gen AI-led capabilities to empower enterprises break down operational silos, accelerate decision-making, and drive innovation at scale. By embedding intelligence across workflows, we continue to enable customers launch bold, future-ready digital initiatives that are agile, scalable, and built to deliver sustained competitive advantage.2

Commenting on the results, Mr. C.K. Shastri, Chairman & Managing Director of Intense Technologies Limited said: “We’re proud to have delivered an impressive growth in consolidated revenues by 32% YoY basis along with 12%-year-over-year EBIDTA growth—an achievement that reflects our unwavering commitment to innovation, strategic investment, and creating lasting value for our clients and partners. Our focused investments in sales and marketing are clearly yielding results, reflected in a high-performing sales organization and stronger market penetration across key verticals, enabling us to unlock new revenue streams and deepen client relationships.

Our focus areas in Agentic AI and Gen AI capabilities are coming to empower clients to adapt in real-time, accelerate innovation, and drive long-term value. This shift not only accelerates innovation but also helps enterprises reduce operational complexity, shorten time-to-value, and unlock new opportunities for growth.

By aligning our operational strengths with evolving market demands, we are uniquely positioned to provide clients with predictable, cost-efficient, and outcomes-driven solutions that fuel growth and resilience.”

Commenting on the results, Ms. Anisha Shastri, Director of Intense Technologies Limited said: “Over the past year, we have secured 20 new logos in BFSI and Government sector, reflecting the growing trust in our solutions and the operational strength we bring to our clients. Our efforts to expand global partnerships, enter new markets, and build stronger sales and leadership team are showing clear results. With new sales offices in Mumbai and the U.S., combined with a more focused go-to-market strategy, we are well-positioned to serve fast-growing international markets and deepen engagement across key verticals. These initiatives have already begun to yield promising opportunities in our pipeline. We’ve enhanced our leadership team by bringing in seasoned industry experts with strong pedigrees, extensive networks, and deep experience. This bolsters our ability to innovate and scale as we move into the next phase of growth. Additionally, our treasury initiatives are taking good effects, reinforcing financial discipline.

Our Agentic AI-driven Centralized Communications Hub is a one-stop shop for all communication needs. It automates and hyper-personalizes interactions across channels, boosting revenue, improving margins, and ensuring governance and compliance. Our Gen AI-powered Low-code Platform simplifies app development, cuts reliance on resources, speeds change management, and accelerates time-to-market.

We have secured a patent in large-scale data handling that significantly advances efficiency and intelligence in data processing. We‘re also honored to be recognized by leading global analyst firms including IDC, Omdia, Quadrant, and Aspire for our solution strengths in Centralized Communications, CPaaS, and Low-code Platforms. These accolades are not just honors; they are a reflection of the strong IP backbone, execution rigor, and market relevance we bring to the table.

As we look ahead, we remain committed to scaling responsibly—investing in intelligent platforms, deepening client relationships, and driving outcomes that position us not just as a technology provider, but as a long-term strategic partner in enterprise and public sector transformation.”

Q4 FY25 Key Business Highlights

Key Business Highlights FY25

• Secured 20 new logos across BFSI and Government verticals, broadening our market reach

• Positioned as a ‘Leader’ in the Aspire Leaderboard for Interaction Experience Management (IXM)

• Named ‘Luminary’ by Celent for excellence in solution capabilities and market leadership in CCM.

• Recognized as a ‘Challenger’ in Omdia Universe’s 2024 Customer Communication Management report.

• UniServe NXT rated No. 1 on Gartner Peer Insights with a 4.9/5 score.

• Named ‘Technology Leader’ in Quadrant SPARK Matrix for CCM in 2023; also recognized in the 2024 edition.

• Featured in Fortune Business Insights 2024 CCM Report as a leading vendor for the second year in a row.

• Winner of SME Empowering India Awards 2024 for ‘Excellence in IT Solutions’ by the Ministry of Textiles, Govt. of India.

• Recognized by The Economic Times as the ‘Most Visionary Company to Watch in 2024’.

• Listed by Outlook among ‘Top Innovative Companies to Watch in 2024’.

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Mumbai (Maharashtra) [India], May 16: Borana Weaves Limited, (“Borana”, The Company) specializing in the production of unbleached synthetic grey fabric, proposes to open its Initial Public Offering on Tuesday, May 20, 2025 whereas, the anchor bidding will open on Monday, May 19, 2025 and the bid/ issue will close on Thursday, May 22, 2025. The Company aims to raise ₹ 144.89 Crore and list its Equity Shares on the main board platforms of BSE Limited and National Stock Exchange of India Limited.

The issue size is up to 67,08,000 Equity Shares with a price band of ₹ 205 – ₹ 216 per Equity Share and face value of ₹ 10 each.

Equity Share Allocation

• Qualified Institutional Buyer – Not less than 75% of the Issue
• Non-Institutional Investors – Not more than 15% of the Issue
• Retail Individual Investors – Not more than 10% of the Issue

The net proceeds from the IPO will be utilized to finance the cost of establishing a new manufacturing unit to expand its production capabilities to produce grey fabric at Surat, Gujarat, India (“Proposed Unit 4”), funding incremental working capital requirements, and for general corporate purposes.

The Company has appointed Beeline Capital Advisors Private Limited as the Book Running Lead Managers to the Issue and KFIN Technologies Limited as the Registrar to the Issue.

Mr. Mangilal Ambalal Borana, Chairman and Managing Director of Borana Weaves Limited expressed, “The launch of our Initial Public Offering marks a significant milestone for Borana Weaves Limited. Over the past few years, we have grown our manufacturing capabilities in the synthetic textile segment. The proceeds from the IPO will support the expansion of our production infrastructure and help us address our working capital needs. This step aligns with our long-term strategy of scaling operations while maintaining focus on product quality and operational efficiency. We look forward to continuing our growth journey with greater capacity and enhanced operational resilience.”

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Ahmedabad (Gujarat) [India], May 16:  Ahmedabad based, Rajesh Power Services Ltd (BSE Code: 544291) engaged in the business of providing consultancy to state transmission and distribution companies and private utilities and industries has reported net profit of Rs. 93.36 crore for the Financial year 2024-25 ended March 2025 as compared to the net profit of Rs. 26.02 crore in the corresponding period of FY 2023-24, Y-o-Y growth of 258%. Total income of the company in FY2024-25 also grew over 277% Y-o-Y to Rs.  1114.66 crore as compared to total income of Rs. 295.06 crore in the FY 2023-24. EPS of the company for the FY2024-25 was reported at Rs. 57.74 per share.

For the six months period (October 2024 to March 2025) ended 31^st March 2025, company reported net profit of Rs. 65.2 crore, growth of 131% as compared to the net profit of Rs. 28.16 crore reported in the first six month (April 2024 to Sep 2024) of the financial year. Total income during H2 of FY 2024-25 was reported at Rs. 792.89 crore, 146% growth over total income of Rs. 321.77 crore reported in the H1 of FY 2024-25.

On 23^rd April 2025, company has secured fresh orders worth Rs 1116 crore from government and institutional clients, reinforcing its strong presence in the engineering, procurement and construction sector. The orders include turnkey contracts for the supply, installation, testing and commissioning of 11/22kV high-tension underground and overhead networks, and 220/66kV gas-insulated and air-insulated substations across Gujarat. The company will also execute projects for 132kV/66kV underground cable installation. These projects are scheduled for completion within 12 to 18 months, providing robust revenue visibility.

Key Highlights:

• Total Income for FY25 was reported at Rs. 1114.66 crore
• Company recently secured new orders inflows worth Rs. 1,116 Crores from a combination of government and institutional customers.

Company has raised Rs. 160.50 crore by the way of its IPO in the month of November 2024. The IPO comprises of fresh issue of Rs. 93.47 crore and offer for sale of Rs. 67 crore. Company’s shares are listed on BSE SME exchange on 02 December, 2024.

Established in 1971, Rajesh Power Services Ltd PSL is one of the leading specialized Engineering, Procurement & Construction (EPC) companies engaged in the Power Transmission & Distribution Sector. RPSL is providing its services across various verticals including Turnkey execution of GIS Substations, AIS Substations, Extra High Voltage Power Cables and Transmission Lines, and Construction of Distribution Systems. A concentrated, customer—focused approach and the mission to deliver top-class quality have enabled RPSL to maintain its position in its core business area for over five decades.

The company caters to government and institutional customers across India. As of March 2024, Rajesh Power Services Limited had a strong order book valued at Rs. 2,358.17 crore, This order book represents projects to be executed over the next three financial years, demonstrating the company’s robust pipeline of work. The company focuses on executing turnkey projects, operation & maintenance, and consultancy services, particularly within the power utility sector.

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New Delhi [India], May 16: Zordo Technologies has officially launched FareArena, a fresh online platform aiming to cater to the growing needs of low-cost flight tickets and budget-friendly travels. In an era where passengers are looking more and more towards saving money without sacrificing convenience, FareArena serves them just right — discounted booking of flights, easy navigation, and efficient assistance for domestic and international flights alike.

FareArena is a complete travel booking website that not only provides cheap airfare but also access to cheap airline deals, hotel reservations, and special travel discounts. Whether you’re taking an impromptu trip or a well-planned holiday, FareArena assists you in discovering the cheapest flight deals according to your budget.

Complete Details about FareArena

1. How does FareArena provide cheap flight tickets?

FareArena consolidates fares from more than one airline and compares prices in real-time to provide you with the lowest airfare comparison. This guarantees that customers receive access to the lowest airfare without having to look around on numerous websites.

2. Can I reserve international flights at a discount?

Yes. FareArena also provides discounted flight booking for international routes. New York, Dubai, London, Bangkok – whatever be the destination, FareArena has all the top global routes covered with budget flights.

3. Is last-minute booking supported?

Yes. With instant fare updates and confirmation, FareArena is a last-minute flight deal haven where spontaneous flyers can book flights on the go without paying a premium.

4. How is FareArena different from other sites?

Unlike most travel sites that have hidden fees or advertise higher prices, FareArena prioritizes transparency by providing budget airline offers and promo codes to customers. The simple interface and safe payment methods add to the overall experience.

5. Is there hotel booking too?

Yes. FareArena is not limited to flights; it also offers competitive hotel rates, making it a full-fledged travel planning package.

With FareArena, Zordo Technologies is revolutionizing the world of online airline booking in India and the world. Whether you’re traveling alone or booking for a group, you’ll enjoy unmatched deals with a focus on ease and economy.

For travelers looking for inexpensive flight tickets, low airfare, and an easy-to-use website, FareArena is fast becoming the go-to option.

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Ahmedabad (Gujarat) [India], May 15:  In a heartfelt gesture celebrating the spirit of motherhood, Zaveri & Co., one of Gujarat’s most iconic jewellery brands, hosted a special Mother’s Day gathering on May 10th, uniting employees, their mothers, and children from across all branches in a celebration full of love, joy, and meaningful moments enhancing the joy of motherhood.

The event was marked by warmth and laughter as women employees from every branch came together for an engaging afternoon of games, bonding activities, and a delightful cupcake decoration competition. What made the celebration even more meaningful was the thoughtful decision to distribute the beautifully decorated cupcakes to local old-age homes, bringing smiles and a sense of belonging to elderly mothers who often go unnoticed.

“At Zaveri & Co., we believe in celebrating relationships that matter, both within our teams and beyond. This Mother’s Day, we wanted to go a step further and spread love not only to our employees and their families but also to the forgotten mothers in old age homes,” said a managing director, Raj Mandalia from Zaveri & Co.

This unique celebration was more than just a company event; it was a tribute to maternal love in all its forms. By connecting different generations and acknowledging the often-overlooked elderly, Zaveri & Co. added a layer of compassion and social responsibility to their festivities.

The initiative highlighted the brand’s commitment to nurturing a culture of care and inclusion, not only within the organization but also in the community at large.

About Zaveri & Co.
 Zaveri & Co. is one of Gujarat’s leading luxury jewellery houses, known for its timeless craftsmanship, exquisite designs, and commitment to celebrating tradition with a modern touch. With decades of heritage and a customer-first approach, the brand continues to redefine elegance and emotion through every piece it creates.

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Mumbai (Maharashtra) [India], May 15: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE Limited through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.

The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice discounting, Emerald is empowering SMEs to optimize their receivables cycle and maintain business continuity without liquidity stress.

This partnership aligns with Emerald’s broader goal of delivering efficient, technology-enabled financial solutions to underserved segments. Emerald sees strong potential in the bill discounting segment and plans to expand this offering as part of long-term growth strategy. With increasing demand for flexible credit options among SMEs, Emerald aims to drive inclusive financial access and strengthen its presence in the SME lending ecosystem.

Comment on this Mr. Sanjay Aggarwal, Managing Director of Emerald Finance Limited said, “We are thrilled to announce our strategic partnership with Baya PTE Limited, marking a significant step in our commitment to empowering SMEs in India. This collaboration will enhance our bill discounting services, enabling SMEs to access working capital quickly and efficiently, ultimately improving their cash flow and supporting their growth. We recognize the critical role SMEs play in driving the economy, and we are proud to support them in maintaining business continuity, particularly those supplying to large corporates like JSW Steel, Delhivery, and PVR INOX.

As we continue to innovate and expand our financial solutions, we see immense potential in the bill discounting segment. This partnership is a key part of our long-term growth strategy to provide inclusive financial access, and we are excited about the opportunity to strengthen our position in the SME lending ecosystem. By leveraging technology to deliver efficient solutions, we are confident that we will help SMEs navigate liquidity challenges and unlock new growth opportunities.”

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New Delhi [India], May 15: Zordo Technologies, a startup name to be reckoned with in the field of travel tech, has recently launched FareArena, an engaging and user-oriented flight and accommodation booking website focused on providing discounted flight tickets to domestic and global travelers. The goal of FareArena is to make the experience of planning for a trip an easy one by providing users with affordable airline ticket offers and cheapest airfare choices with minimal mouse clicks.

With the travel market experiencing a boom in post-pandemic travel, there has never been a greater demand for an online booking of flights solution that is affordable, fast, and secure. FareArena is unique in that it offers an unproblematic cheap flight booking platform that allows travelers to cut costs on trips without sacrificing quality or convenience.

FareArena specializes in offering low-cost air travel options via strategic alliances with major airlines and travel companies. Whether you need to book a last-minute weekend break or an extended business travel, FareArena guarantees best deals on flights optimized to meet the needs of each budget. FareArena is particularly convenient for individuals looking for discounted last-minute offers on flights since it enables customers to compare costs in real-time and book the most cost-saving fares.

One of the prime advantages of FareArena is its powerful cheap flight comparison website. Users can simply filter and sort flights according to price, duration, airlines, etc., and other important factors. This feature allows travelers to make informed choices while they keep their travel expenses under check.

FareArena is not merely a web site for booking flights,” asserts a representative from Zordo Technologies. “It’s a total travel companion that prioritizes customers by providing low-cost airfare options, easy-to-use interface, and special promotional discounts not found anywhere else.

In addition to flight bookings, FareArena also deals in hotel booking, thereby ensuring it is the go-to site for all one’s travel purposes. The amalgamated experience guarantees that visitors can book an entire trip under one umbrella—saving both their time and expenses.

Among the saturated landscape of travel sites, FareArena separates itself on principles of simplicity, affordability, and trust. On its debut day, Zordo Technologies solidifies its intention of revolutionizing traveling for frugal users worldwide.

To enjoy hassle-free and affordable travelling, log on to FareArena today and discover the world with the most competitive flights online.

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New Delhi [India], May 14: In an age of fast fashion and fleeting trends, a quiet revolution unfolded in the historic lanes of Pune—draped not in denim, but in sarees. On Mother’s Day, RURIethnic Sarees, a handloom saree brand based in Aundh, hosted its first-ever Heritage Walk: a curated experience that brought together Pune’s history and the lived beauty of the saree.

The walk began at Mandai Police Chowki at 7:45 AM and led the saree lovers on a three-hour trail filled with stories, architecture, and meaningful connection. But this wasn’t a tourist stroll. It was a community-led celebration of womanhood, tradition, and the saree as something more than festive wear, a garment lived in every day.

“The saree has always moved with us from kitchens to boardrooms, from rituals to revolutions,” said Shilpi Deshpande, founder of RURIethnic.

“This walk was our tribute to that journey. Seeing women walk through old Pune draped in their own stories, it felt like the beginning of something meaningful.”

Everyone came draped in sarees they loved. Many chose soft cottons to embrace the summer morning. Some came with friends; others came solo. But what united them was their shared love for sarees and heritage. Laughter, quiet moments, and stories were exchanged as easily as steps.

The emphasis was on ease, inclusivity, and real connections, a reflection of what RURIethnic has always stood for.

RURIethnic has become a space for saree lovers who see their drapes as more than attire. Known for its thoughtfully curated collections and storytelling-first approach, the brand is steadily building a community around the saree, what they lovingly call the RURISitara circle.

The walk falling on Mother’s Day added a gentle layer of meaning, a tribute to the many roles women carry, often wrapped in six yards of memory and resilience.

This walk was more than a brand activity. It was the start of a larger vision: a series of culture- rooted experiences that bring women together through Indian textiles, shared traditions, and stories waiting to be told. This event is just the beginning. RURIethnic plans to host more such experiences across the city, blending heritage, sarees, and storytelling. The goal is to make sarees more visible, more accessible, and more loved, one lived-in experience at a time.

Visit RURIethnic today and explore Pune’s most beloved saree destination, where tradition meets contemporary elegance, and every saree becomes a treasured part of your story. RURIethnic Sarees: 106B Seasons Business Square, 1st floor, A wing, Seasons Road, Sanewadi, Aundh, Pune – 411045, +91 9172777874

Website: www.ruriethnic.com

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