News Overview

The partnership is expected to improve propulsion efficiency and performance for both defence warships and commercial vessels.

Revenue from operations surged 33.2% to ₹743.8 crore. This is up from ₹558 crore in Q1 FY25, driven by strong demand for its telecom and ICT services.

The scope excludes pre-engineered building (PEB) and architectural finishing works between Millennium City Centre and Cyber City, spanning 26.65 km.

Total expenses for the quarter stood at ₹312.8 crore, a drop from ₹343.6 crore a year earlier.

Union Minister for New and Renewable Energy, Pralhad Joshi, announced the milestone on Thursday. Thereby, calling it a major leap forward in India’s clean energy journey.

Pre-tax loss for the quarter stood at ₹16.98 crore. This is compared to a loss of ₹5.49 crore in Q1 FY25.

As part of the project, the engineering major will build a new zinc purification and cellhouse facility at Hindustan Zinc’s Debari complex near Udaipur.

The public issue comprises a fresh issuance of 43.20 lakh equity shares. It consists of  an Offer for Sale (OFS) of 10.5 lakh shares by existing shareholders.

Domestic CV sales came in at 26,432 units, while overseas CV volumes rose sharply to 2,524 units. This is reflecting a 57% growth in international demand.

Revenue from continuing operations came in at ₹14,167 crore, down from ₹15,052 crore a year earlier.