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India Semiconductor Mission 2.0 gets EFC nod with ₹1.2 lakh crore outlay
India's semiconductor ambitions are set for a major boost with the Expenditure Finance Committee approving nearly ₹1.20 lakh crore for the second phase of the government's chip programme. This significantly enhanced allocation aims to deepen domestic manufacturing, reduce import reliance, and expand support across the entire semiconductor ecosystem, including design and upstream capabilities.
EFC (I) consolidated net profit rises 58.16% in the March 2026 quarter
Sales rise 38.80% to Rs 292.88 crore
EFC (I) Q4 PAT jumps 44% YoY to Rs 69 cr
EFC (I)'s consolidated net profit jumped 44% to Rs 68.86 crore on a 39% rise in revenue from operations to Rs 292.88 crore in Q4 FY26 over Q4 FY25.
Unique Picks: 6 stocks held by only one MF scheme in April, falling up to 40% in CY26
An analysis of mutual fund portfolios revealed 29 stocks held exclusively by single schemes, with most underperforming in CY26. However, Satin Creditcare Network, Rossell Techsys, and Amanta Healthcare bucked the trend, delivering strong returns. Brooks Laboratories and EFC (I) were among those experiencing significant declines.
EFC (I) achieves 90% occupancy for its premium Grade-A office infra at Wakadewadi, Pune
EFC (I) announced a significant operational milestone that Sprint Business Center, Wakadewadi, Pune, a fully owned asset of the company spread over 49,556 sq., has now been successfully developed as a premium A-Grade commercial workspace and has achieved over 90% occupancy in record time.