Elitecon International Net up Eight Times to ₹104 Crore in Q3 on Robust Demand
Elitecon International reported an eight‑fold jump in Q3 net profit to ₹104 crore, up from ₹13 crore a year earlier. Revenue surged to ₹1,741 crore, propelled by higher export volumes and strategic acquisitions. EBITDA climbed over ten times to ₹139 crore, while the firm secured a $97 million export contract and raised its borrowing ceiling to ₹500 crore. Shares rose 5 percent following the results, reflecting market confidence in the company’s growth trajectory.
Progcap Extends ₹10,000 Crore Credit to Women Entrepreneurs
Progcap’s new ProgShakti program has disbursed over ₹10,000 crore in unsecured working‑capital loans to women‑led MSMEs across India. Credit limits for women borrowers have risen 105 percent, and repeat financing now exceeds 90 percent, indicating strong trust in the platform. Women entrepreneurs constitute...
ZOFF Foods Raises $2 Million in Pre-Series B Round Led by JM Financial Private Equity
Raipur‑based spice brand ZOFF Foods secured $2 million in a Pre‑Series B round, led by JM Financial Private Equity’s India Growth Fund III and joined by boAt co‑founder Aman Gupta. This is the company’s second funding round, underscoring investor confidence in its growth...
Karkhana Acquires Micron EMS to Deepen Electronics Manufacturing Capabilities
Karkhana, a Bengaluru‑based manufacturing startup, has acquired Micron EMS Tech Pvt Ltd, adding a 40,000‑plus square‑foot facility equipped with high‑speed SMT and through‑hole lines. The deal expands Karkhana’s in‑house PCBA capabilities and gives it more than ten box‑build lines, enabling...
Kwality Wall’s Shares Slide After Company Reports Q3 Loss of ₹178 Crore
Kwality Wall’s (India) Ltd posted its first quarterly results since its February 2026 listing, revealing a net loss of ₹178.38 crore for Q3 FY26 on revenue of ₹223.43 crore. Exceptional charges of ₹93.70 crore, driven by brand impairment and asset write‑downs, pushed EBITDA...
Interio by Godrej Estimates Projects Business Revenue to Top ₹1,100 Crore in FY26
Interio by Godrej projects its workspace‑solutions business to exceed ₹1,100 crore in FY26, buoyed by strong demand for turnkey interiors across banking, corporate and infrastructure sectors. The firm recently delivered a 75,000 sq ft fit‑out for State Bank of India’s head office in...
Diamond Power Infrastructure Net Zooms 8 Times to ₹50 Crore on Better Demand
Diamond Power Infrastructure (DICABS) posted a net profit of ₹50 crore in the December quarter, an eight‑fold increase from the same period last year. Revenue surged 54 percent to ₹474 crore, driven by higher capacity utilization and premium EHV cable sales. The firm...
McLeod Russel Reports Narrowing of Q3 Net Loss at ₹36.41 Crore, Revenue Rises 20%
McLeod Russel narrowed its Q3 consolidated net loss to ₹36.41 crore, down from ₹87.33 crore a year earlier, while revenue from operations climbed 20% to ₹445.45 crore. The company acknowledged continued financial stress, citing outstanding inter‑corporate deposits and ongoing legal actions. Lenders have...