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

10 Nov 2025

Puravankara Limited reported steady growth for the July-eptember 2025 quarter, with sales rising 4% year-on-year to INR 1,322 crore on 1.5 million sq. ft. sold and average realisation up 7% to INR 8,814 per sq. ft. Customer collections grew 8% to INR 1,047 crore, while total revenue jumped 28% to INR 663 crore. The company posted a quarterly net loss of INR 42 crore. Managing Director Ashish Puravankara said growth was driven by sustained sales and new project additions worth INR 9,100 crore GDV. Upcoming launches total 12.67 million sq. ft., including major projects in Bengaluru and Mumbai. Strong surplus levels and reduced debt costs reflect the firm's solid financial position and expansion focus.Read more

10 Nov 2025

Godrej Properties recorded a 21 per cent increase in consolidated net profit, reaching INR 402.99 crore in Q2 of this fiscal, compared to INR 333.79 crore in the previous year. The growth was driven by a rise in total income to INR 1,950.05 crore from INR 1,346.54 crore. As a major real estate developer in India, the company benefited from stronger sales and strategic project launches in urban markets. Analysts see the performance as a sign of the company's resilience and efficient management, reflecting its continued growth in both residential and commercial sectors.Read more

10 Nov 2025

Ajmera Realty & Infra India Ltd reported a 14% drop in consolidated net profit to INR 30.37 crore for the quarter ending September, down from INR 35.35 crore a year earlier. However, total income rose to INR 221.01 crore from INR 204.08 crore, reflecting steady revenue growth. The company's board also approved a stock split, dividing each INR 10 equity share into five shares of INR 2 each to improve liquidity and expand investor participation. Despite the dip in profit, Ajmera Realty remains a key player in India's real estate sector, continuing to strengthen its market presence through strategic financial and operational measures.Read more