01 Nov 2025

Raymond Lifestyle reported a two-fold rise in consolidated net profit to INR 75.19 crore for the September quarter, up from INR 42.18 crore a year earlier, driven by strong domestic demand in its textile and apparel segments. Revenue rose 7.26% to INR 1,832.4 crore, while EBITDA stood at INR 259 crore with a 13.9% margin, despite higher advertising spends. The textile segment grew 10% to INR 937 crore, and branded apparel revenue rose 11% to INR 491 crore. Global operations faced headwinds from U.S. tariffs on Indian exports, but local growth offset the impact. With 1,663 stores nationwide and continued retail expansion, Raymond Lifestyle remains well-positioned to sustain its market leadership in fashion and lifestyle retail.Read more

01 Nov 2025

Vertis Infrastructure Trust, backed by KKR and the Ontario Teachers' Pension Plan, has appointed Axis Capital, Ambit Capital, and Avendus Capital as lead managers for its planned Indian initial public offering (IPO) worth up to USD 568 million. The infrastructure investment trust (InvIT) is expected to seek regulatory approval within the next few weeks and aims to list by the second quarter of 2026. The decision comes amid a strong year for Indian public markets, where companies have already raised around USD 16 billion through IPOs, according to Dealogic.Read more

31 Oct 2025

Real estate major DLF reported a dip in its consolidated net profit for the quarter ended September, with earnings falling by 15 per cent to INR 1,180.09 crore. The decline was primarily attributed to reduced revenue from operations, which dropped to INR 1,643.04 crore compared with INR 1,975.02 crore during the same period last year. However, the company witnessed a slight rise in its total income, which increased to INR 2,261.80 crore from INR 2,180.83 crore a year earlier, reflecting a mixed performance for the quarter.Read more

31 Oct 2025

The Syama Prasad Mookerjee Port (SMP) in Kolkata has secured more than INR 48,000 crore in strategic investment commitments through multiple partnerships signed during India Maritime Week 2025 in Mumbai. The agreements cover a range of projects, including new container terminals, riverfront development, dredging operations, and industrial infrastructure expansion. Major companies such as Haldia Petrochemicals, Adani Ports, JSW Infrastructure, Dredging Corporation of India, and UltraTech Cement have committed significant investments aimed at enhancing port capacity, connectivity, and economic growth in eastern India.Read more

31 Oct 2025

DCM Shriram Ltd recorded a strong financial performance in the second quarter of FY26, with its consolidated net profit increasing more than two and a half times to INR 158.72 crore compared to INR 62.92 crore in the same period last year. The company, which operates across chemicals, vinyl, agriculture, and building materials, also reported a rise in total income to INR 3,531.26 crore from INR 3,183.98 crore a year earlier. The growth was largely driven by higher revenue in the chemicals and vinyl divisions, which rose to INR 1,108.40 crore from INR 777.36 crore.Read more

31 Oct 2025

Raymond Realty reported a sharp surge in its net profit to INR 60.18 crore for the September quarter, compared with INR 4.92 crore a year earlier. Total income rose to INR 705.79 crore, up from INR 226.73 crore in the same period last year. The company, officially listed on July 1, 2025, following its demerger from Raymond Ltd, noted that results are not directly comparable due to the restructuring effective April 1, 2025. The strong quarterly performance highlights Raymond Realty's growth momentum and successful transition as an independent entity, underscoring its expanding footprint and resilience in India's residential real estate market.Read more

31 Oct 2025

Suraj Estate Developers, a Mumbai-based realty firm, reported a 4% rise in profit after tax to INR 33.1 crore for the September quarter, up from INR 31.8 crore last year, driven by new project launches across prime city locations. Total income grew 32.6% year-on-year to INR 145.4 crore, while pre-sales surged 89% quarter-on-quarter and 42% year-on-year to INR 153 crore, led by the launches of Suraj Aureva (Prabhadevi) and Suraj Parkview 1 (Dadar West). Director Rahul Thomas said the firm is on track to meet its FY26 launch target of INR 2,000 crore GDV, including a commercial project worth INR 1,200 crore, reinforcing its strong growth momentum in Mumbai's real estate market.Read more

30 Oct 2025

Sundaram Home Finance, a subsidiary of Sundaram Finance Ltd, reported a strong performance in the July-September 2025 quarter with a 69% rise in net profit to INR 74.68 crore. The company's total disbursements increased by 9% to INR 1,681 crore, while its Assets Under Management reached INR 18,753 crore, up 21% year-on-year. Its Emerging Business segment, which focuses on small-ticket loans, recorded a threefold increase in disbursements and expanded its network to over 50 branches. The company remains confident of maintaining its growth in the second half of the financial year.Read more

30 Oct 2025

The Navi Mumbai Municipal Corporation (NMMC) has collected over INR 500 crore in property tax during the first seven months of the current financial year from nearly 1.63 lakh property holders across its eight divisions. Of this, INR 313.70 crore came through digital modes and INR 186.41 crore through offline payments. The civic body, led by commissioner Dr Kailash Shinde, credited citizen participation, awareness drives, and digital initiatives for the growth and is aiming to cross INR 1,000 crore in total collection this fiscal.Read more

30 Oct 2025

Godrej Housing Finance, a subsidiary of Godrej Capital, has ventured into eastern India with the opening of a new branch in Kolkata. The move marks the company's strategic expansion in the eastern and northeastern markets, aimed at strengthening its national presence. The new branch will act as a regional hub, offering home loans, including exclusive schemes for women with special interest rates and complimentary health insurance coverage.Read more