KEC International announced strong financial results for the second quarter (Q2) and first half (H1) of fiscal year 2026. Revenue grew by 19% in Q2 and 15% in H1, while Profit After Tax (PAT) increased by 88% and 65%, respectively. The company also reported healthy order intake growth of approximately 20% year-to-date and a record order book exceeding ₹44,000 crore.

Financial Performance Highlights

KEC International Ltd. announced its financial results for Q2 FY26 and H1 FY26, showcasing significant growth and profitability. Key highlights include:

• Revenue growth of 19% in Q2 and 15% in H1.
• PAT growth of 88% in Q2 and 65% in H1.
• Healthy growth in Order Intake of approximately 20% year-to-date.
• Highest ever Order Book & L1 as of date of over ₹44,000 crore.

Consolidated Q2 FY26 Performance

The consolidated financial performance for Q2 FY26 compared to Q2 FY25 is as follows:

• Revenue: ₹6,092 crore (vs. ₹5,113 crore).
• EBITDA: ₹430 crore (vs. ₹320 crore).
• EBITDA Margin: 7.1% (vs. 6.3%).
• PBT: ₹213 crore (vs. ₹113 crore).
• PAT: ₹161 crore (vs. ₹85 crore).

Consolidated H1 FY26 Performance

The consolidated financial performance for H1 FY26 compared to H1 FY25 is as follows:

• Revenue: ₹11,114 crore (vs. ₹9,625 crore).
• EBITDA: ₹781 crore (vs. ₹615 crore).
• EBITDA Margin: 7.0% (vs. 6.4%).
• PBT: ₹371 crore (vs. ₹226 crore).
• PAT: ₹285 crore (vs. ₹173 crore).

Standalone Q2 FY26 Performance

The standalone financial performance for Q2 FY26 compared to Q2 FY25 is as follows:

• Revenue: ₹4,949 crore (vs. ₹4,484 crore).
• EBITDA: ₹308 crore (vs. ₹230 crore).
• EBITDA Margin: 6.2% (vs. 5.1%).
• PBT: ₹135 crore (vs. ₹74 crore).
• PAT: ₹106 crore (vs. ₹58 crore).

Standalone H1 FY26 Performance

The standalone financial performance for H1 FY26 compared to H1 FY25 is as follows:

• Revenue: ₹8,978 crore (vs. ₹8,372 crore).
• EBITDA: ₹504 crore (vs. ₹428 crore).
• EBITDA Margin: 5.6% (vs. 5.1%).
• PBT: ₹185 crore (vs. ₹117 crore).
• PAT: ₹143 crore (vs. ₹90 crore).

Order Intake and Book

• YTD Order intake of ₹16,050 crore, representing healthy year-over-year growth.
• YTD Order Book of ₹39,325 crore, with additional L1 orders of approximately ₹5,000 crore.

Net Debt

Net Debt including Acceptances stands at ₹6,480 crore as of September 30, 2025, compared to ₹5,265 crore as of September 30, 2024.

Source: BSE

Tata Consumer Products Limited is shifting its registered office within Kolkata’s local limits, effective January 1, 2026. The new address is Tata Centre, 1st Floor, 43, Jawaharlal Nehru Road, Kolkata – 700071. All communications should be directed to the new address or the Registrar and Transfer Agent, MUFG Intime India Private Limited. This move aims to consolidate operations within Kolkata.

Registered Office Relocation

Tata Consumer Products Limited announces the shifting of its Registered Office within the local limits of Kolkata, effective January 1, 2026.

New Address Details

The new registered office address is:

Tata Centre, 1st Floor,
43, Jawaharlal Nehru Road,
Kolkata – 700071

Contact Information

For all communication and documents, please use the new address. Alternatively, communications can be directed to the Registrar and Transfer Agent:

MUFG Intime India Private Limited
C-101, Embassy 247, LBS. Marg, Vikhroli (West),
Mumbai – 400083
Tel: +91 8108118484
Email: [email protected]
Website: https://in.mpms.mufg.com

Source: BSE

Adani Power announces the completion of terms for Independent Directors Sushil Kumar Roongta and Chandra Iyengar, effective close of business hours on November 10, 2025. The company acknowledges their contributions during their tenure. Both directors will cease to be associated with the Company, as they complete their respective terms.

Independent Directors’ Departure

Adani Power confirms that Sushil Kumar Roongta and Chandra Iyengar have completed their terms as Independent Directors of the company. Their departure will take effect from the close of business hours on November 10, 2025.

Acknowledgement of Contributions

The Board of Directors and Management express their appreciation for the contributions made by Sushil Kumar Roongta and Chandra Iyengar during their tenure with Adani Power.

Details of Cessation

As Sushil Kumar Roongta and Chandra Iyengar complete their tenures, they will no longer be associated with Adani Power as Independent Directors. The company has formally acknowledged their completion of service, effective November 10, 2025.

Source: BSE

Authum Investment & Infrastructure Ltd. has announced the board’s approval of unaudited financial results for Q2 2025 and a new Employee Stock Option Scheme 2025. The Board has given the go-ahead for granting 5,00,000 options to eligible employees and subsidiaries, pending shareholder approval. A postal ballot will be used to seek shareholder endorsement for the proposed scheme, which includes certain restrictions and adherence to regulatory compliance.

Financial Performance Highlights

The Board of Directors has approved the unaudited financial results, both standalone and consolidated, for the quarter and half-year ending September 30, 2025. These results have been reviewed, with the limited review report enclosed as an annexure. A detailed analysis reveals key figures from the consolidated results:

• Total Income: ₹608.85 Crores for the quarter ended September 30, 2025
• Profit Before Tax: ₹539.22 Crores
• Total Comprehensive Income for the period: (₹423.93) Crores

Employee Stock Option Scheme 2025

The Board has approved the Authum Investment & Infrastructure Limited Employee Stock Option Scheme 2025 (Scheme 2025), authorizing the grant of 5,00,000 options to eligible employees and subsidiaries. This initiative is subject to shareholder approval, aligning with SEBI regulations for share-based employee benefits.

Details of Postal Ballot

The board has also sanctioned a postal ballot to seek shareholder approval for the ‘Authum Investment & Infrastructure Limited Employee Stock Option Scheme 2025’. This ballot will be distributed electronically to members by November 12, 2025, with e-voting commencing on November 13, 2025, and concluding on December 12, 2025.

Source: BSE

Adani Power has announced that Independent Directors, Mr. Sushil Kumar Roongta and Mrs. Chandra lyengar, will conclude their tenures effective from the close of business hours on November 10, 2025. This follows the completion of their respective terms. The company acknowledged their contributions to the organization.

Independent Directors’ Departure

Mr. Sushil Kumar Roongta (DIN: 00309302) and Mrs. Chandra lyengar (DIN: 02821294) will step down from their roles as Independent Directors at Adani Power. Their departure is slated for November 10, 2025, marking the conclusion of their respective terms with the company.

Acknowledgment of Contributions

Adani Power has expressed its gratitude to both Mr. Roongta and Mrs. lyengar for their contributions during their time serving as Independent Directors. The Board of Directors and Management conveyed their appreciation for the insights and guidance provided over the years.

Source: BSE

JM Financial reported a strong Q2 FY26 with an operating PAT of INR270 crores and declared an interim dividend of INR1.5 per share. Fees and commission income reached a record high of INR341 crores, showing a 20% year-on-year growth. The IPO pipeline is robust at almost INR120,000 crores. The company also crossed 1,000 salespeople in Wealth Management and an AUM of INR3,000 crores in Affordable Housing.

Strong Financial Performance

JM Financial announced robust results for Q2 FY26, highlighted by an operating PAT of INR270 crores. The company declared an interim dividend of INR1.5 per share, reinforcing its commitment to increasing shareholder distribution. Fees and commission income reached a record INR341 crores, demonstrating a 20% year-on-year increase for the second consecutive quarter.

Segment Highlights

Corporate Advisory and Capital Markets

JM Financial ranked #1 in IPOs for the quarter by value, closing 15 capital market transactions totaling INR28,000 crores in Q2 FY26. Documents have been filed for 56 IPOs with an aggregate issue size of approximately INR120,000 crores, with a growing transaction pipeline.

Wealth and Asset Management

The company’s recurring AUM grew by 26% year-on-year to INR32,000 crores. Wealth Management’s sales and relationship manager strength increased by 43% YoY. The SIP book increased by 59% year-on-year to INR115 crores per month, while the average AUM from non-liquid assets grew by 36% year-on-year to INR12,100 crores.

Private Markets

JM Financial ARC recovered approximately INR1,273 crores over the last year, reducing borrowings by 27% year-on-year to approximately INR1,589 crores.

Affordable Home Loans

The Affordable Home Loans business saw its AUM increase by 28% year-on-year to INR3,031 crores, supported by a branch network of 134 locations.

Profitability Metrics

For Q2 FY26, profit before tax increased by 1.2x year-on-year to INR344 crores, and profit after tax after minority interest increased by 16% year-on-year to INR270 crores. Adjusting for a one-time tax credit in the previous year, the adjusted Y-o-Y increase in PAT for Q2 FY26 would be 40%. For the half year, profit before tax increased by 1.4x year-on-year to INR937 crores, and profit after tax after minority interest increased by 80% year-on-year to INR724 crores. The annualized ROE, based on half-year numbers, stood at 14.4%.

Source: BSE