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Sacheerome FY26 revenue up 44%to Rs 156 crore
Sacheerome Ltd. reported a significant financial year, with revenue climbing 43.93% to Rs 156.28 crore and net profit soaring 77.97% to Rs 28.44 crore for FY26. The company's strong performance was driven by domestic sales, which constituted approximately 94% of its total revenue.
Coal gasification can help cut dependence on imports: G Kishan Reddy
India aims to cut reliance on imported chemicals through coal gasification. The government is offering significant financial support and incentives for new projects. Companies have been urged to invest in coal gasification plants. A draft proposal is expected soon, with the scheme likely to launch by early July.
Reliance warns of a volatile oil market in FY27, bets on gas and green chemicals for growth
In the upcoming financial year FY26-27, Reliance Industries Limited is preparing for a potential slump in global oil demand, driven by high crude prices, economic slowdowns, and geopolitical unrest in the Middle East. However, the company is positioning itself to seize a long-term opportunity in the energy and materials sectors.
Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 cr
Global financial institutions and Indian mutual funds have bought a 5.3 percent stake in Premier Energies. The deal involved promoters selling shares worth over Rs 2,291 crore. This investment comes as Premier Energies secured significant orders for solar cells and modules. The company is expanding its manufacturing capacities for cells and modules.
Grasim Industries shares surge 4% after robust Q4 profit, up 28% YoY
Grasim Industries shares saw a significant jump after the company announced robust fourth-quarter earnings and record annual revenue. Growth was broad-based across its paints, chemicals, fibres, cement, and financial services businesses. Consolidated net profit rose 28% year-on-year for Q4FY26. Full-year profit increased 33% to Rs 10,300 crore. Annual revenue hit an all-time high of Rs 1,75,430 crore.
Kumaraswamy chairs consultation meeting to speed up adoption of e-buses & e-trucks
Union Minister HD Kumaraswamy convened a high-level consultation in New Delhi to accelerate the adoption of electric buses and trucks nationwide. The meeting, involving fleet operators, financial institutions, and industry representatives, aimed to understand operational realities and strengthen government-industry collaboration for a sustainable clean mobility transition.
Dhanuka Agritech spurts after Rs 70-cr share buyback plan; Q4 PAT jumps 29% YoY
Dhanuka Agritech soared 10.85% to Rs 1,205 after its board of directors approved a share buyback, along with recommending a dividend and reporting its earnings for the fourth quarter of the 2025-26 financial year (Q4 FY26).
MSME auto suppliers seek relief from carmakers as rising labour and input costs hurt
Small auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, and raw material costs. Suppliers also seek long-term partnerships over transactional deals. Industry bodies are pushing for faster price revisions and payments. This situation threatens the survival of many small businesses vital to India's auto sector.
UPL Q4 Results: Stock jumps 5% after FY26 guidance beat; Q1 outlook disclosed
For the ongoing quarter, which is the first quarter of financial year 2027, UPL has projected revenue to grow between 10% to 14%, and EBITDA to grow between 14% to 18% from the previous year.
Wall Street Week Ahead: Focus on inflation, retail sales, US-Iran conflict, crude oil
Heavyweights including Cisco, Alibaba, and Applied Materials are set to disclose their quarterly financial performance in the week ahead
The Week Ahead: Tracking Q4 Earnings, SME IPOs To IPL 2026
Market participants are balancing domestic financial results against global economic indicators and regional geopolitical events.
India orders antitrust probe into liquor giant Pernod's dealing with retailers
India's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailers in New Delhi aimed to boost its brands. The Competition Commission of India found merit in claims of financial support to retailers in exchange for stocking Pernod products. This action could distort demand and limit consumer choice.