11 Nov 2025

ReNew Energy Global Plc has secured USD 331 million in financing from the Asian Development Bank (ADB) for a major renewable energy project in Andhra Pradesh. The initiative, part of a USD 477 million package, will combine wind, solar, and battery storage to deliver dependable peak power and enhance grid stability. The project, which will produce around 1,641 gigawatt-hours of clean energy annually, aligns with India's low-carbon transition goals and builds on the collaboration outlined under the UNFCCC COP28 framework to expand clean energy deployment.Read more

11 Nov 2025

Aadhar Housing Finance recorded a notable increase in profit and revenue during the September quarter, reflecting sustained growth in its mortgage lending operations. The company reported a 17 per cent rise in net profit to INR 266 crore compared to the corresponding period last year. Total income and interest income also registered steady growth, alongside a marginal uptick in total expenses. Despite a slight deterioration in asset quality, the company's financial performance during the past quarter underscored continued operational strength in India's housing finance sector.Read more

11 Nov 2025

Interarch Building Solutions Ltd posted a strong performance in the latest quarter, with profit rising 56% year-on-year to INR 32.27 crore, compared with INR 20.67 crore last year. Total income also surged to INR 497.09 crore from INR 328.23 crore. Managing Director Arvind Nanda said the quarter marked a major milestone as the company commissioned Phase II of its Andhra Pradesh facility, its fourth fully integrated pre-engineered building (PEB) plant, taking total capacity to 2,00,000 MT. Groundbreaking for a new Gujarat facility further expands its reach. The company's solid growth and infrastructure investments underscore its leadership in India's pre-engineered steel construction sector.Read more

11 Nov 2025

State-run Housing and Urban Development Corporation Ltd (Hudco) reported a moderate rise in profit for the September quarter, supported by robust income growth and improved loan performance. The firm witnessed increased interest income and loan disbursements, while maintaining a healthy asset quality with reduced NPAs. Management indicated optimism for continued expansion through the government's infrastructure focus and the upcoming PMAY 2.0 initiative, projecting a healthy CAGR and steady margins for the remainder of the fiscal year.Read more

11 Nov 2025

IRB Infrastructure Developers Ltd recorded a year-on-year increase in toll revenue for October, registering earnings of INR 682 crore compared to INR 624 crore in the same month last year. The company's toll collection included revenues from its sponsored InvITs & IRB InvIT Fund and IRB Infrastructure Trust. Among its 22 BOT and ToT assets, the IRB MP Expressway in Maharashtra and the Golconda Expressway in Hyderabad contributed the highest shares. IRB's Deputy CEO mentioned that the firm experienced solid growth despite extended monsoon conditions, with expectations of continued momentum ahead.Read more

11 Nov 2025

Arisinfra Solutions Ltd reported a consolidated net profit of INR 15.25 crore in the second quarter of the current fiscal year, marking a significant recovery from a net loss of INR 1.97 crore during the same period last year. The company's total income grew to INR 242.44 crore during the July-September quarter, up from INR 177.59 crore previously. The construction materials supplier attributed the improved performance to steady growth in contract manufacturing and services, alongside better working capital efficiency and enhanced profitability.Read more

11 Nov 2025

Smartworks Coworking Spaces Ltd reported a significant reduction in its consolidated net loss during the past quarter, supported by strong revenue growth and operational efficiency. The company's total income rose substantially compared to the same period last year, reflecting the success of its managed campus model. Founder and Managing Director Neetish Sarda said the performance underscored the scalability and profitability of Smartworks' business approach. The firm continues to strengthen its pan-India presence alongside international operations in Singapore.Read more

10 Nov 2025

JSW Cement recorded a profit during the July-September quarter, supported by a rise in cement prices and higher dispatch volumes. Despite the typically subdued construction activity during India�s monsoon season, the company achieved a consolidated net profit of INR 864.3 million, reversing a loss from the previous year. Cement prices increased by an average of 5%, while volumes rose by 7%, driving overall revenue growth. The company�s performance aligns with that of larger peers such as UltraTech and Ambuja, both of which also reported stronger quarterly results.Read more

10 Nov 2025

Anant Raj Ltd reported a 31% increase in consolidated net profit to INR 138.18 crore for the July-September quarter of FY26, up from INR 105.65 crore a year earlier. Total income rose to INR 640.89 crore from INR 523.75 crore, reflecting steady business growth. The company, a key player in residential, commercial, and data centre development, continues to strengthen its position in the real estate market. The robust quarterly results highlight sustained demand, operational efficiency, and strategic diversification, positioning Anant Raj Ltd to capitalise on opportunities in both urban development and digital infrastructure across India.Read more

10 Nov 2025

The Ministry of Railways has approved an allocation of INR 8.48 crore for the Final Location Survey (FLS) of the proposed Melli-Dentam railway line in Sikkim, marking a key milestone in improving connectivity in the Himalayan state. The funds were recently communicated to the Northeast Frontier Railway through an official notification. The project, expected to cover nearly 75 km via Jorethang and Legship, aims to enhance accessibility, promote tourism, and strengthen border infrastructure. Local MP Indra Hang Subba had actively pursued the survey's approval.Read more