Quarterly Results

ideaForge books record INR 440 million in orders in FY26, eyes profitability recovery

ideaForge Technology Limited recorded cumulative order inflows of approximately INR 440 million during FY26 year-to-date, marking the highest annual order booking in the company’s history, supported by emergency defence procurement and broad-based demand across programmes. The company ended the December 2025 quarter with an open order book of around INR 350 million, which increased to […]

Garden Reach Shipbuilders & Engineers signs MoU with K2 Cranes & Components for crane manufacturing

Garden Reach Shipbuilders & Engineers Limited has signed a memorandum of understanding with K2 Cranes & Components Private Limited for the design, development and manufacture of marine, defence and shipyard cranes and associated equipment. The MoU covers collaboration on cranes and related equipment intended for use in marine, defence and shipyard applications. The arrangement is […]

Menon Bearings advances multi-division capacity expansion as nine-month revenue and profit rise in FY26

Menon Bearings Limited reported higher consolidated revenue and profit for the nine months ended FY26 while progressing capacity expansion across its bi-metal, braking systems and aluminium die-casting operations, as part of its plan to support new orders and scale recently developed products. Consolidated revenue from operations for the nine months ended FY26 increased to INR […]

TIL Limited revenue rises 12 percent in Q2FY26; order book exceeds INR 2 billion

TIL Limited, a manufacturer of material handling and infrastructure equipment, reported standalone revenue of INR 814.5 million for the quarter ended 30 September 2025 (Q2FY26), up 12 percent from INR 725.1 million in the corresponding quarter of FY25. EBITDA rose to INR 32.7 million, translating to an EBITDA margin of 4.0 percent, while the company […]

Jyoti CNC ramping up capacity to 10,000 Machines-per-year to execute INR 45 billion order pipeline

Jyoti CNC Automation Limited, a manufacturer of computer numerical control (CNC) machines, is executing a multi-location capacity expansion across India and Europe to meet rising demand from the aerospace, defence, electric vehicle (EV), and electronics industries. Operations remained steady across all key verticals, with overall capacity utilisation at about 88 percent. The company reported consolidated […]

Azad Engineering ramps up Hyderabad manufacturing capacity, targets 30 percent annual growth

Azad Engineering Limited has expanded its manufacturing base in Hyderabad with the inauguration of three new lean facilities dedicated to Siemens Energy, Mitsubishi Heavy Industries (MHI) and GE Steam Power. The plants, part of a wider capacity enhancement programme, are designed to produce complex rotating and stationary airfoils and other precision components for advanced turbine […]

Minda Corporation commits INR 20 billion capex over five years to broaden product portfolio and expand EV component capacity

Minda Corporation Limited, a supplier of automotive components and systems, has announced plans to invest INR 20 billion over the next five years to expand manufacturing, strengthen localisation, and accelerate its electric vehicle (EV) product portfolio. The announcement was made during the company’s earnings call for the second quarter of the financial year ending March […]

MTAR Technologies approves merger of subsidiaries; reports INR 1.36 billion revenue in the second quarter of financial year 2025–26

MTAR Technologies Limited, a manufacturer of precision-engineered systems for clean energy, aerospace and defence applications, reported consolidated revenue of INR 1.36 billion for the second quarter of the financial year 2025–26, ended 30 September 2025. Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) stood at INR 170 million, while profit after tax was INR […]

Sundram Fasteners expands manufacturing investments; expects export recovery and double-digit growth

Sundram Fasteners Limited, a manufacturer of automotive and industrial fasteners and components, has reported steady progress in its ongoing manufacturing expansion and capacity utilisation programmes, alongside additional capital investments in wind energy and electric vehicle (EV) components. In the company’s Q2 FY2025–26 earnings call held on 30 October 2025, management said that new capacity additions […]