03 Nov 2025

DLF Ltd reported a sharp rise in sales bookings to INR 15,757 crore for the April-September 2025 period, more than doubling from INR 7,094 crore a year earlier, driven by strong demand for premium and luxury housing in Gurugram and Mumbai. For FY26, DLF has maintained a sales target of INR 20,000-22,000 crore, reflecting its confidence in continued market strength. The developer's Q2 net profit stood at INR 1,180.09 crore, down 15% year-on-year, while revenue fell to INR 1,643.04 crore. New bookings during the quarter surged to INR 4,332 crore, led by the Westpark project in Mumbai. With a robust land bank and brand equity, DLF remains optimistic about sustained housing demand.Read more

03 Nov 2025

Cochin Shipyard Ltd (CSL) announced plans to raise around INR 6,000 crore over the next five to six years to support its capital-expenditure programme. The company said it will fund this through a mix of government-assisted schemes, multilateral loans from East-Asian agencies, issuance of blue bonds and internal accruals. CSL indicated it plans to use the enhanced Shipbuilding Financial Assistance policy (which offers 20-25 % incentives) and is already exploring a greenfield shipyard conceptualised at USD 2-3 billion. Defence contracts currently make up roughly two-thirds of its order book.Read more

03 Nov 2025

The Syama Prasad Mookerjee Port (SMPK) in Kolkata has announced investment commitments worth more than INR 48,000 crore through multiple agreements signed during India Maritime Week 2025. These partnerships involve major companies such as Haldia Petrochemicals Ltd, Dredging Corporation of India Ltd, Adani Ports, JSW Infrastructure, Srijan Realty and HUDCO. The agreements cover areas like dredging, terminal development, petroleum infrastructure, real-estate projects, and logistics connectivity. This development aligns with SMPK's goal of expanding its port capacity and integrating industrial and real-estate growth across the eastern region.Read more

03 Nov 2025

The National Highways Authority of India (NHAI) reported savings of about INR 2,062 crore in toll-collection expenses during the last financial year. The cost of collection dropped from 17.27% to 9.27%, supported by reforms in contract management and improved monitoring. Total toll receipts rose to INR 28,823 crore, while remittances to NHAI increased to INR 26,149 crore. The authority credited this progress to tighter contract durations, transparent bidding processes, and the introduction of a "Windfall Gain" clause designed to ensure fair revenue sharing with toll agencies.Read more

03 Nov 2025

PNB Housing Finance has reported a consolidated net profit of INR 581.59 crore for the quarter, reflecting a 23.83 per cent year-on-year rise. Total income grew 13.35 per cent to INR 2,130.60 crore. The company's asset-under-management expanded by 12.3 per cent to INR 83,879 crore, with affordable and emerging market segments showing 34 per cent growth and now comprising 38 per cent of the retail loan book. Borrowing costs eased to 7.69 per cent, and spreads improved to 2.26 per cent, supported by disciplined pricing and a strategic loan mix.Read more

02 Nov 2025

LIC Housing Finance reported a net profit of INR 1,349.37 crore for the quarter ended September, marking a 1.63 per cent increase over the corresponding period of the prior year. The lender's total income rose by 3.48 per cent to INR 7,179.77 crore, driven by a 6 per cent expansion in its loan portfolio. Individual home-loan disbursements grew by 3 per cent, while key credit-quality metrics improved. The company signalled optimism for business growth for the current fiscal, citing lower interest rates and improved sentiment.Read more

02 Nov 2025

Realty firm Brigade Enterprises Ltd reported a consolidated net profit of INR 162.5 crore for the quarter, up 37 % from INR 118.98 crore in the same period last year. Total income rose to INR 1,429.86 crore from INR 1,138.13 crore. The company noted it is entering the second half of the fiscal year with strong tailwinds, backed by a robust launch pipeline, healthy leasing and hospitality growth. Founded in 1986, the group has a presence in residential, office, mall, hospitality and education segments across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City.Read more

02 Nov 2025

Adani Power recorded a 12% decline in its consolidated net profit to INR 2,906 crore for the September quarter, primarily due to higher expenses. While profit fell from INR 3,297.52 crore in the same period last year, total income rose to INR 14,307.79 crore, supported by higher power sales despite lower merchant tariffs and coal prices. The company's consolidated capacity increased to 18,150 MW after acquiring Vidarbha Industries Power Ltd. Adani Power also signed new long-term agreements and advanced several major power projects across multiple states.Read more

02 Nov 2025

The parent company of OYO, PRISM, has approved an increase in its authorised share capital from INR 2,431.13 crore to INR 2,433.13 crore by adding 20 lakh compulsorily convertible preference shares (CCPS) of INR 10 each. It is also issuing sweat-equity shares (about 47.5 lakh each) to independent directors Troy Matthew Alstead and William Steve Albrecht at INR 37.12 per share, with a three-year lock-in. Existing shareholders will receive bonus CCPS at one bonus for every 6,000 equity shares held. These moves form part of a comprehensive structuring effort as PRISM advances toward filing its draft prospectus and targeting a USD 7-8 billion IPO.Read more

01 Nov 2025

Larsen & Toubro (L&T) reported a 15.6% rise in consolidated net profit to INR 3,926.09 crore for the September quarter, compared with INR 3,395.29 crore a year earlier, driven by strong revenue and order growth. Revenue from operations climbed 10% to INR 67,983.53 crore, while order inflows surged 39% year-on-year to INR 2,10,237 crore, with 59% from international projects. CFO R. Shankar Raman said the firm expects to divest its Hyderabad Metro stake soon and exceed its order guidance for FY26. CMD S. N. Subrahmanyan highlighted steady execution across portfolios and robust prospects in India and the Middle East, underscoring L&T's sustained growth and global resilience.Read more