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Ventive Hospitality Board to Consider Quarterly Results and Fundraising on November 13, 2025

Ventive Hospitality has announced a board meeting scheduled for November 13, 2025, to review and approve the unaudited financial results for the quarter and half-year ending September 30, 2025. The board will also consider a proposal to raise funds through the issuance of Non-Convertible Debentures, pending necessary regulatory approvals. The trading window has been closed since October 1, 2025.

Board Meeting Announcement

Ventive Hospitality has scheduled a meeting of its Board of Directors to be held on Thursday, November 13, 2025. The primary agenda includes reviewing and approving the unaudited financial results for the quarter and half-year which concluded on September 30, 2025.

Fundraising Proposal

In addition to the financial results, the Board will also consider a proposal to raise funds by issuing Non-Convertible Debentures. This is subject to obtaining the necessary regulatory and statutory approvals.

Trading Window Closure

In accordance with Insider Trading Regulations, the trading window for dealing in the company’s equity shares has been closed for all Directors, Designated Persons, and their immediate relatives since October 1, 2025. Trading will reopen 48 hours after the declaration of the financial results.

Source: BSE

Indian Renewable Energy Development Agency Key Personnel Changes Announced

Indian Renewable Energy Development Agency (IREDA) has announced key personnel changes, including the extension of Shri Pallav Kapoor’s tenure as Chief Risk Officer until October 31, 2028. Shri A. Chandrashekar and Shri Sanjay Kumar have been promoted to General Manager and Additional General Manager (IT) respectively. Shri KP Philip has also been promoted to General Manager and appointed as Senior Management Personnel.

CRO Tenure Extended

Shri Pallav Kapoor will continue as the Chief Risk Officer (CRO) of the Company. His tenure has been extended for a further period of three years, now set to expire on October 31, 2028.

Promotions Announced

Several key personnel have received promotions within the organization:

  • Shri A. Chandrashekar: Promoted to General Manager (Projects). Will also continue as Head of Internal Audit.
  • Shri Sanjay Kumar: Promoted to Additional General Manager (IT). He will continue as Chief Information Security Officer (CISO).
  • Shri K P Philip: Promoted to General Manager (Projects) and appointed as a Senior Management Personnel.

Executive Profiles

Shri A. Chandrashekar holds a bachelor’s degree in Mechanical Engineering and a postgraduate degree. He has over 34 years of experience.

Shri Sanjay Kumar holds a bachelor’s degree in Science and a Master’s degree in Computer Application. He has more than 26 years of experience.

Shri K P Philip holds a bachelor’s degree in Technology in Civil Engineering. He has more than 31 years of experience.

Shri Pallav Kapoor holds a bachelor’s degree in Commerce and a post-graduate degree in finance. He has over 18 years of experience in risk management.

Source: BSE

Reliance Power Q2FY26 PAT at ₹87 Crore, Board Approves FCCB Issue

Reliance Power announced a ₹87 crore PAT for Q2FY26, a significant turnaround from the ₹(352) crore loss in Q2FY25. The Board has approved seeking member resolution for raising up to USD 600 million through Foreign Currency Convertible Bonds (FCCBs) to fund future growth. The company’s debt to equity ratio stands at 0.87, among the lowest in the industry. Debt servicing for the quarter was ₹634 crore.

Financial Performance Highlights

Reliance Power reported a consolidated Profit After Tax (PAT) of ₹87 crore for the second quarter of fiscal year 2026 (Q2FY26), compared to a loss of ₹(352) crore in the corresponding quarter of the previous year (Q2FY25). This represents a year-over-year (YoY) increase of 125%. The company’s EBITDA for Q2FY26 was ₹618 crore, up from ₹376 crore in Q2FY25, a 64% increase. Total income for Q2FY26 reached ₹2,067 crore, compared to ₹1,963 crore in Q2FY25.

Debt and Equity

Reliance Power’s debt to equity ratio is reported at 0.87, which the company states is among the lowest in the industry. The company serviced debt of ₹634 crore in Q2FY26, demonstrating a commitment to continued debt reduction. The net worth of the company as of Q2FY26 is ₹16,516 crore.

FCCB Issuance Approval

The Board of Directors has approved seeking an enabling resolution from its members to raise up to USD 600 million through the issuance of Foreign Currency Convertible Bonds (FCCBs). The proceeds from the FCCB issue are intended to fund future growth initiatives. Additionally, the company has granted 100 Lakh stock options under its Employee Stock Option Plan (ESOP) scheme.

Additional Key Points

The standalone financial results saw revenue from operations at ₹103 lakhs. The profit before tax was ₹473 lakhs, leading to a profit after tax of the same amount.

RSTEPL Going Concern

Rajasthan Sun Technique Energy Private Limited (RSTEPL) continues to face challenges due to the underperformance of implemented technology. While RSTEPL faces defaults, the parent company remains unaffected.

Source: BSE

Reliance Power Q2FY26 PAT at ₹87 Crore, Board Approves Resolution for $600 Million FCCB Issue

Reliance Power reported a ₹87 crore PAT for Q2FY26, a 125% YoY increase. EBITDA reached ₹618 crore, up 64% YoY. Total income stood at ₹2,067 crore. The company’s debt to equity ratio is 0.87, among the lowest in the industry. Debt servicing for the quarter was ₹634 crore. The board approved seeking a resolution from members for raising up to $600 million through FCCBs to fund growth.

Financial Performance Highlights

Reliance Power showcased significant improvements in its financial results for Q2FY26:

  • PAT: ₹87 crore (vs Loss of ₹352 crore in Q2FY25)
  • EBITDA: ₹618 crore (vs ₹376 crore in Q2FY25)
  • Total Income: ₹2,067 crore (vs ₹1,963 crore in Q2FY25)

Debt Management

The company has a strong focus on debt reduction:

  • Debt to equity ratio at 0.87, one of the lowest in the sector.
  • Debt servicing of ₹634 crore in Q2 FY26.

FCCB Issuance Approval

The Board of Directors has approved seeking an enabling resolution from its members to raise up to $600 million through the issuance of Foreign Currency Convertible Bonds (FCCBs). This capital infusion is earmarked to support the company’s future growth initiatives.

Operational Updates

As of September 30, 2025, Reliance Power’s operational portfolio stands at 5,305 megawatts, which includes 3,960 megawatts from Sasan Power Limited. For the past seven years, Sasan Power has been consistently recognized as one of the best-performing power plants in India.

Source: BSE

KEC International Strong Q2 FY26 Results Driven by Robust Growth

KEC International announced strong Q2 FY26 results, marked by robust revenue growth and significant profitability improvement. Revenues grew by 19% YoY, with EBITDA up by 34%. The company’s order book reached a record level, exceeding ₹44,000 crore. Management remains optimistic about sustained and profitable growth in the coming quarters, driven by strong execution and a healthy tender pipeline.

Financial Performance Highlights

KEC International reported a strong financial performance for Q2 FY26, demonstrating significant growth across key parameters:

  • Revenue: ₹6,092 Cr, up 19% YoY
  • EBITDA: ₹430 Cr, a 34% YoY increase
  • PBT: Increased by 88% YoY
  • PAT: Also saw an 88% YoY surge

The company’s EBITDA margins expanded to 7.1% in Q2 FY26 from 6.3% in the same quarter last year. Both PBT and PAT exhibited exceptional growth, rising by 88% YoY.

H1 FY26 Performance

The positive momentum continued into the first half of fiscal year 2026. Here are key figures for H1 FY26:

  • Revenue: ₹11,114 Cr, a 15% YoY increase
  • EBITDA: ₹781 Cr, up 27% YoY
  • PBT: Rose by 65% YoY
  • PAT: Also witnessed a 65% YoY increase

Business Segment Highlights

Here’s a brief overview of each business segment’s performance:

  • T&D: Revenue of ₹4,080 Cr in Q2 FY26, a 44% YoY growth. Order intake of approximately ₹12,000 Cr across various regions.
  • Civil: Revenue of ₹968 Cr in Q2 FY26, impacted by monsoon and labor shortages.
  • Transportation: Revenue of ₹425 Cr in Q2 FY26. Secured new orders for the Train Collision Avoidance System (TCAS).
  • Cables & Conductors: Revenue of ₹524 Cr in Q2 FY26, a 19% YoY increase.
  • Renewables: Revenue of ₹190 Cr in Q2 FY26.
  • Oil & Gas Pipelines: Achieved prequalification for pipeline projects in the Middle East.

Order Book & Outlook

KEC International’s combined order book and L1 position reached a record level of over ₹44,000 crore. The company remains focused on execution and is well-positioned for sustained and profitable growth in the coming quarters.

Source: BSE

KEC International Strong Q2 & H1 Results Driven by Robust Growth

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

KEC International Reports Unaudited Financial Results for Q2 2026

KEC International has announced its unaudited consolidated financial results for the quarter and half-year ended September 30, 2025. The company reported a revenue from operations of ₹6,091.56 crore for the quarter. The results reflect the company’s performance across its engineering, procurement, and construction (EPC) and cables businesses, with detailed segment reporting provided.

Financial Performance Overview

KEC International announced its unaudited consolidated financial results for Q2 2026, showing a revenue from operations of ₹6,091.56 crore. The total income for the quarter reached ₹6,096.19 crore. Profit after tax stood at ₹160.75 crore.

Key Financial Figures

Here’s a summary of KEC International’s key consolidated financial figures for Q2 2026:

  • Revenue from operations: ₹6,091.56 crore
  • Total Income: ₹6,096.19 crore
  • Profit before tax: ₹212.98 crore
  • Profit after tax: ₹160.75 crore

Segment Performance

The company’s operations are divided into Engineering, Procurement and Construction (EPC) and Cables. Net segment revenue for EPC was ₹5,711.37 crore. The Cables segment contributed ₹524.17 crore.

Balance Sheet Highlights

Key balance sheet figures as of September 30, 2025, include:

  • Total Equity: ₹5,642.89 crore
  • Total Assets: ₹23,612.77 crore

Important Legal Matter

Note that there is an ongoing investigation by a government agency. While the court has acknowledged the chargesheet, the potential impact on the consolidated financial results is currently not determinable. The company maintains it operates with the highest standards of corporate governance.

Source: BSE

Tata Consumer Products Registered Office Shifting to Kolkata

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

KEC International Ltd Reports Unaudited Financial Results for Q2 2025

KEC International Ltd. announced its unaudited consolidated financial results for the quarter and half-year ended September 30, 2025. The company reported a revenue from operations of ₹6,091.56 crore for the quarter. Profit before tax stood at ₹212.98 crore, and profit for the period was ₹160.75 crore. The results reflect performance across its Engineering, Procurement, and Construction (EPC) and Cables segments.

Financial Performance

KEC International Ltd. has released its unaudited financial results for Q2 2025, providing insights into its performance across various business segments. Key financial highlights from the consolidated results include:

  • Revenue from Operations: Reported at ₹6,091.56 crore for the quarter ended September 30, 2025.
  • Total Income: Recorded as ₹6,096.19 crore.
  • Profit Before Tax: Stood at ₹212.98 crore.
  • Profit for the Period: Amounted to ₹160.75 crore.

Segmental Overview

The company’s performance is segmented into Engineering, Procurement, and Construction (EPC) and Cables. Key figures include:

  • EPC Segment Revenue: ₹5,711.37 crore for Q2 2025.
  • Cable Segment Revenue: ₹524.17 crore for the same period.

Balance Sheet Highlights

Key figures from the consolidated balance sheet as of September 30, 2025, are as follows:

  • Total Equity: Reported at ₹5,642.89 crore.
  • Total Assets: Valued at ₹23,612.77 crore.

Cash Flow Overview

Key figures from the cash flow statement include:

  • Net Cash Flow Used in Operating Activities: Recorded at ₹(1,117.83) crore.
  • Net Cash Flow Used In Investing Activities: Accounted to ₹(77.53) crore.

Source: BSE

Adani Power Independent Directors Complete Terms, Exit Board

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