KSH International Ltd, a leading magnet winding wire manufacturer, has filed its Draft Red Herring Prospectus (DRHP) with SEBI to launch a ₹745-crore initial public offering (IPO). The IPO comprises a fresh issue of ₹420 crore and an offer-for-sale (OFS) of ₹325 crore by promoters. IPO Fund Utilization and Expansion Plans The company plans to…
Nikita Papers Ltd, a leading Kraft paper manufacturer, is set to launch its initial public offering (IPO) on May 27, 2025, with a price band of ₹95-104 per share. The IPO will remain open for subscription until May 29, and the shares will be listed on the NSE SME platform, Emerge. IPO Details and Fund…
Finolex Industries Ltd has reported a 5% year-on-year (YoY) decline in revenue, totaling ₹1,171.8 crore for the March quarter of FY25. The company’s EBITDA fell 18% YoY, settling at ₹171.3 crore, while its EBITDA margin contracted to 14.62%, down from 16.9% in the previous fiscal. Financial Performance and Market Trends Despite the revenue decline, Finolex…
HBL Engineering Ltd has reported a 40.7% year-on-year (YoY) decline in EBITDA, falling to ₹78 crore in the January-March quarter of FY25. The company’s EBITDA margin contracted to 16.94%, down from 21.74% in the same period last year. Revenue and Profit Decline in Q4 FY25 HBL Engineering’s total revenue dropped 24% YoY, reaching ₹459.8 crore,…
Aditya Birla Fashion and Retail Ltd (ABFRL) has reported a net loss of ₹23.55 crore for the fourth quarter (Q4) of FY25, marking a significant improvement from the ₹266.36 crore loss recorded in the same period last year. Despite the loss, the company’s revenue from operations grew 9.2% YoY, reaching ₹1,719.48 crore. Financial Performance and…
Leading cement manufacturer JK Cement Ltd has posted a 64.4% year-on-year (YoY) increase in net profit, reaching ₹361.3 crore for the March quarter of FY25. The company also reported a 15.3% rise in revenue, totaling ₹3,581.2 crore. Strong Financial Performance in Q4 FY25 JK Cement’s total income for the quarter stood at ₹3,627.06 crore, reflecting…
Defence engineering firm Nibe Limited has secured a ₹150.6 crore international defence contract from a leading Israel-based original equipment manufacturer (OEM). The Pune-headquartered company confirmed the purchase order for the manufacturing and supply of Universal Rocket Launchers, designed with a range of up to 300 kilometres. Strategic Expansion in Defence Manufacturing Nibe Limited has been…
State-owned power giant NTPC Ltd has announced its Q4 FY25 financial results, reporting a 4% year-on-year (YoY) increase in consolidated net profit to ₹5,778 crore. The company also recorded a 3% YoY growth in revenue, reaching ₹43,903.7 crore. Steady Growth in Revenue and Profitability NTPC’s operational performance remained strong, with total income rising to ₹51,085…
Protean eGov Technologies Ltd. is set to expand its core business at a compound annual growth rate (CAGR) of 10–12%, according to CEO Suresh Sethi. The company, known for its PAN services, pension services, and identity solutions, is now venturing into digital identity and API services, aiming for accelerated growth following recent launches. Strategic Expansion…
Attero, India’s leading e-waste recycling and metal extraction startup, is poised to close FY25 with ₹1,000 crore in revenue, marking a 54% year-on-year growth. The company attributes its success to expanding capacity, rising demand for sustainable recycling solutions, and the rapid adoption of its tech platforms, MetalMandi and Selsmart. Key Growth Drivers Attero’s MetalMandi platform,…
