The Company achieved pre-sales of INR 26.4 billion in Q1 FY26 versus INR 31.2 billion in Q1 FY25. Average sales realization improved significantly to INR 16,296 per sq. ft. from INR 12,457 per sq. ft. in FY25, driven by the launch of the premium residential project ‘Cloverdale SPR’ on Southern Peripheral Road, Gurugram. Collections for the quarter stood at INR 9.3 billion compared to INR 12.1 billion in Q1 FY25. Net debt remained stable at INR 8.9 billion.

In terms of profitability ratios, the Company reported an adjusted gross profit margin of 27% in Q1 FY26 against 28% in Q1 FY25, while adjusted EBITDA margin stood at 12% compared to 13% in the previous year.

In line with its long-term growth strategy, Signature Global acquired 9.96 acres of land in its key micro-market of Sohna during Q1 FY26. The land parcel offers a development potential of approximately 0.53 million sq. ft.

Commenting on the company’s performance, Pradeep Kumar Aggarwal, Chairman and Whole-Time Director, said, “Building on the strong momentum of FY25, we delivered a robust performance in the first quarter of FY26, with our operational revenue doubling year-on-year. This growth reflects our continued focus on customer satisfaction and the timely delivery of quality homes. Our consistent financial and operational progress has further strengthened stakeholder confidence. The successful launch of our premium project Cloverdale SPR in Sector 71, located on Southern Peripheral Road, contributed meaningfully to this quarter’s performance. With several new project launches planned in the coming quarters, we are well-positioned to sustain this growth trajectory and further strengthen our market presence.”

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PUNE: (NSE: KPITTECH BSE: 542651), KPIT Technologies, a global leader in building mobility solutions for a cleaner, smarter, and safer world, announced financial results for Q1 FY26.  

Performance overview: (Q1 FY26 Revenues)

• Revenues of 178MN with $ Y-o-Y growth of 7.8% , Q-o-Q growth of 0.3%
• Q1FY26 Y-o-Y CC growth 4.9%
• Q1 FY26 Profitability
  • EBITDA margin stable at 21.0%
  • EBIT at 17%
• Marks 20^th consecutive growth quarter
• TCV of new engagements won during Q1FY26: $241 million

Strategic Partnership:

JSW Motors & KPIT technologies forge strategic collaboration to accelerate India’s new energy mobility revolution

Commenting on the performance of Q1 FY26, Kishor Patil, Co-founder, CEO, and MD, KPIT, said,

Sachin Tikekar, Co-founder and Joint MD, KPIT, said,

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NEW DELHI: The Board of Directors of SBI Cards and Payment Services Limited approved the Company’s results for the Quarter ended June 30, 2025, at their meeting held on Friday, July 25, 2025.

Performance Highlights Q1 FY26

• Total Revenue increased by 12% YoY at ₹ 5,035 Cr in Q1 FY26 v/s ₹ 4,483 Cr in Q1 FY25
• PAT at ₹ 556 Cr in Q1 FY26 v/s ₹ 594 Cr in Q1 FY25
• ROAA at 3.4% in Q1 FY26 v/s 4.1% in Q1 FY25
• ROAE at 15.8% in Q1 FY26 v/s 19.1% in Q1 FY25
• Capital Adequacy Ratio at 23.2%; Tier 1 at 17.9%

Business Highlights

• Cards-in-force grew by 10% YoY at 2.12 Cr as of Q1 FY26 v/s 1.92 Cr as of Q1 FY25
• New accounts volume at 873K in Q1 FY26 v/s 904K new accounts in Q1 FY25
• Spends grew by 21% YoY at ₹ 93,244 Cr in Q1 FY26 v/s ₹ 77,129 Cr in Q1 FY25
• Receivables grew by 7% YoY at ₹ 56,607 Cr in Q1 FY26 v/s ₹ 52,705 Cr in Q1 FY25
• Market share for Q1 FY26 Card-in-force is at 19.1% (Q1 FY25: 18.5%), Spends is at 16.6% (Q1 FY25: 15.9%), #2 for Cards-in-force and #3 for spends, in industry

Profit & Loss Account for the Quarter ended June 30, 2025

• Total income increased by 12% at ₹ 5,035 Cr in Q1 FY26 v/s ₹ 4,483 Cr in Q1 FY25. This movement was a result of the following key factors:
  • Interest income increased by 11% at ₹ 2,493 Cr in Q1 FY26 v/s ₹ 2,243 Cr in Q1 FY25
  • Fees and commission income was up by 13% at ₹ 2,384 Cr in Q1 FY26 v/s ₹ 2,115 Cr in Q1 FY25
• Finance costs increased by 6% at ₹ 813 Cr in Q1 FY26 v/s ₹ 767 Cr in Q1 FY25 due to higher receivables.
• Total Operating cost increased by 17% at ₹ 2,123 Cr in Q1 FY26 v/s ₹ 1,816 Cr in Q1 FY25
• Earnings before credit costs increased by 11% at ₹ 2,100 Cr in Q1 FY26 v/s ₹ 1,900 Cr in Q1 FY25
• Impairment losses & bad debts expenses increased by 23% at ₹ 1,352 Cr in Q1 FY26 v/s ₹ 1,101 Cr in Q1 FY25
• Profit after tax was down 6% at ₹ 556 Cr in Q1 FY26 v/s ₹ 594 Cr in Q1 FY25

Balance Sheet as of June 30, 2025

• Total Balance Sheet size as of June 30, 2025, has been ₹66,009 Cr as against ₹65,546 Cr as of March 31, 2025
• Total Gross Advances (Credit card receivables) as of June 30, 2025, were ₹56,607 Cr, as against ₹55,840 Cr as of March 31, 2025
• Net worth as of June 30, 2025, has been ₹14,413 Cr as against ₹13,853 Cr as of March 31, 2025

Asset Quality

The Gross non-performing assets were at 3.07% of gross advances as of June 30, 2025, as against 3.06% as of June 30, 2024. Net non-performing assets were at 1.42% as of June 30, 2025, as against 1.11% as of June 30, 2024.

Capital Adequacy

As per the capital adequacy norms issued by the RBI, the Company’s capital to risk ratio, consisting of Tier I and Tier II capita,l should not be less than 15% of its aggregate risk-weighted assets on – balance sheet and of the risk-adjusted value of off-balance sheet items. As of June 30, 2025, the Company’s CRAR was 23.2% compared to 20.6% as of June 30, 2024.

The Tier I capital in respect of an NBFC-ND-SI, at any point in time, can’t be less than 10%. Company’s Tier I capital was 17.9% as of June 30, 2025, compared to 16.8% as of June 30, 2024.

Rating

CRISIL Long Term          –              AAA/Stable

CRISIL Short Term        –              A1+

ICRA Long Term            –              AAA/Stable

ICRA Short Term           –              A1+

Summary Profit and Loss Statement (₹ Cr)

Summary Balance Sheet (₹ Cr)

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The school achieved a 100% pass rate in both Class X and Class XII examinations, marking another proud milestone in its journey of holistic education.

In the Class XII results, 117 students appeared for the examination, with 45 students scoring above 90%. The school has adopted the New Education Policy’s interdisciplinary curriculum model, hence results were not stream-specific. The following were the top scorers:

• Mugdha Phatak – 97.4%
• Y. Sree Lakshmi Maansa – 97.2%
• Anish Gangavaram – 96.6%

In Class X, 115 students appeared, and an impressive 75 students scored above 90%. The following were the top scorers:

• Arnav Pakkala – 100%
• Siya Piyush Dhagar – 99.4%
• Shreya Kukanur – 99%
• Esha Jain – 93% *(Visually impaired student whose inspiring result has been widely lauded by all)

Commenting on the success, Nirmal Waddan, Principal, said, “These exceptional results are not only a reflection of our students’ perseverance, but also the commitment & passion of our educators. They have helped shape confident, curious, and value-driven individuals poised to excel in whatever they do.”

Deeksha Kalyani, Director, congratulated the students & teachers, stating that such consistent academic excellence reaffirms the school’s ethos of nurturing ambition with compassion. These accomplishments have created an atmosphere of celebration within the school community and underscore The Kalyani School’s position as one of Pune’s leading institutions for future-focused, quality education.

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Financial Performance in Cr

Commenting on the results, Rajesh Ganesh, MD & CEO, of Bajel Projects Ltd. said, “Our performance this quarter reflects the resilience and commitment of our team. We achieved a total revenue from operations of Rs. 662.41 crore in Q2 FY’25 as compared to Rs. 199.96 crore in the same period last year, a growth of 231%. Our PAT stood at Rs. 3.66 crore in Q2 FY’25 compared to a loss of Rs. 4.44 crore in the same period last year. Our growth results from our continued focus on executing a strong order book. We have a long way to go, our current focus is on laying a solid foundation for the future. Going forward, we will focus on organizational building, improving efficiency, achieving execution excellence, and proactively managing risk.”

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VALAPAD, THRISSUR: Manappuram Finance Ltd has reported a consolidated net profit of ₹556.5 crore for the first quarter of FY25, reflecting an 11.7% increase compared to ₹498 crore in Q1 FY24. The Non-Banking Financial Company’s (NBFC) consolidated Assets Under Management (AUM) for Q1 reached ₹44,932 crore, marking a 21% increase year-on-year and a 6.8% rise quarter-on-quarter. The standalone net profit for the quarter, excluding subsidiaries, was ₹441 crore. Total consolidated operating income for the quarter was ₹2,488 crore, a 23% increase from the same quarter last year. The company’s consolidated gold loan portfolio saw a 14.8% increase to ₹23,647 crore compared to the first quarter of FY24, with the number of live gold loan customers at 2.6 million as of June 30, 2024.

Sharing the results, Mr. V.P. Nandakumar, MD & CEO, stated, “We were able to achieve significant growth in Gold Loan AUM in this quarter, registering nearly 15% growth year-on-year and 10% sequentially. Our non-gold verticals are also growing, contributing notable gains in AUM and net profit.”

Asirvad Microfinance Ltd concluded the quarter with an AUM of ₹12,310 crore, a 21% growth from ₹10,141 crore in the same period last year, and a net profit of ₹100 crore. Manappuram Home Finance Ltd., the home loans subsidiary, continues its steady growth with an AUM of ₹1,587 crore, up 32% year-on-year and 5.2% quarter-on-quarter. The Vehicles & Equipment Finance division’s AUM reached ₹4,541 crore, showing a significant 63.4 % year-on-year increase.

The company’s non-gold loan businesses now represent 47% of its consolidated AUM. The average borrowing cost for the standalone entity was 9% in Q1 FY24, compared to 8.3% in the year-ago quarter. Gross NPA stood at 1.96%, and Net NPA at 1.7%. As of June 30, 2024, the company’s consolidated net worth was ₹12,021 crore, with a book value per share of ₹142. The standalone capital adequacy ratio was 29.6%. Consolidated total borrowings were ₹38,463 crore, and the total number of live customers reached 6.8 million.

Consolidated

Standalone

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Financial Highlights for Q1/FY2025:

• Revenue: TCI reported a standalone revenue of ₹ Mn 9844, marking a growth of 10.9% compared to ₹ Mn 8875 in the same period last year.
• EBITDA: The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at ₹ Mn 1452, a 16.7% increase from ₹ Mn 1244 in Q1/FY2025.
• Profit After Tax (PAT): PAT rose by 26.3% to ₹ Mn 1052, compared to ₹ Mn 833 in the corresponding quarter of the previous year.

On this occasion, Vineet Agarwal, Managing Director, Transport Corporation of India Ltd. said, “We have delivered a robust performance in the first quarter of FY2025. All our product segments serving various industry verticals have grown, especially coastal shipping, rail multimodal solutions, 3PL/warehousing, and cold chain logistics. Our focus remains on providing value-added and technologically advanced customized offerings to our customers.

TCI continues to innovate and develop sustainable solutions through investments in rail and coastal multimodal assets & networks. We are enabling our customers to reduce their GHG emissions by increasing our fleet of BS-VI vehicles and by adopting alternate fuels like Electric, CNG & LNG.

The recent union budget has laid out a clear roadmap for the growth of the logistics sector as envisioned in the National Logistics Policy. TCI continues to invest in critical infrastructure like warehouses, and yards and leverage big data from e-waybills and FASTag to estimate demand and enhance logistics efficiency for our customers.

To bolster multimodal capabilities, the Company has placed orders for the building of two 7300 MT dead-weight capacity cellular container vessels for a total contract price of USD 38.80 Mn. The ships are expected to be delivered by the end of 2026.“

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PUNE: Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL), a leading Pune-based real estate player, with a growing presence in Mumbai and Bengaluru, announced its audited results for the fourth quarter ended 31 March 2024.

Operational Highlights – FY24

Collections include contributions from DMA projects

Operational Highlights – Q4FY24

Commenting on the performance for Q4 & FY24, Rahul Talele, Group CEO, of Kolte-Patil Developers Limited said, “I am happy to report robust operational performance for FY24, with record-high sales value, volumes, and collections. The residential real estate sector experienced remarkable growth this year due to factors such as rising disposable incomes, greater affordability, robust economic growth, policy reforms, and stable interest rates that encouraged home buying. Capitalizing on this rising demand for home ownership and high-quality living, we launched new projects worth Rs. 3,816 crore. These projects, aligned with the evolving needs of our customers, enabled us to achieve an impressive 63% pre-sales from these newly launched projects.

In FY24, our sales grew by 26% YoY to Rs. 2,822 crores, and volumes increased by 20% YoY to 3.9 million square feet. Strong execution led to rapid progress across projects, resulting in the highest-ever collections of Rs. 2,070 crore. We ended the year with revenues of Rs. 1,372 crore. The balance sheet remains healthy and cash flows robust, enabling the Board to recommend a final dividend of Rs. 4 per equity share.

As we look to the future, we remain confident in the long-term prospects of the real estate sector. In FY25, we are confident of delivering sales of Rs. 3,500 crore. The solid foundation laid in FY24 positions us to achieve even greater milestones in FY25 and beyond, with a focus on innovation, execution excellence, and enhancing customer experience.”

Financial Highlights – Q4 & FY24

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INDIA: Affle (India) Limited, a consumer intelligence-driven global technology company, today announced results for the fourth quarter and twelve months ended March 31, 2024.

Q4 FY2024 Highlights (y-o-y): ‎Revenue from Operations of Rs. 506.2 crores, an increase of 42.3% y-o-y EBITDA at Rs. 99.0 crore, a rise of 38.2% y-o-yPAT at Rs. 87.5 crores, an increase of 40.2% y-o-y Full-Year Highlights (y-o-y): Revenue from Operations of Rs. 1,842.8 crore, an increase of 28.5% y-o-y EBITDA at Rs. 361.1 crores, an increase of 23.2% y-o-yPAT at Rs. 297.3 crore, an increase of 21.5% y-o-y

Consolidated Performance Highlights

Affle reported a robust performance for Q4 FY2024 with a consolidated revenue from operations of Rs. 506.2 crore, an increase of 42.3% y-o-y from revenue of Rs. 355.8 crore in Q4 last year. EBITDA stood at Rs. 99.0 crore, up by 38.2% y-o-y. EBITDA margin was at 19.5% in Q4 FY2024. PAT stood at Rs. 87.5 crore, up by 40.2% y-o-y.

For FY2024, consolidated revenue from operations stood at Rs. 1,842.8 crore, an increase of 28.5% y-o-y. EBITDA was at Rs. 361.1 crore, an increase of 23.2% y-o-y, and EBITDA margin stood at 19.6%. PAT increased by 21.5% y-o-y to Rs. 297.3 crore.

The CPCU business noted strong momentum to deliver 8.8 crore converted users in Q4 FY2024, an increase of 41.4% y-o-y and taking the total converted users delivered in FY2024 to 31.3 crore.

The CPCU revenue stood at Rs. 503.8 crore in Q4 FY2024, an increase of 57.4% y-o-y. The top industry verticals for the company continued to show favorable momentum, helping it register robust growth anchored on the CPCU business model.

Commenting on the results, Anuj Khanna Sohum, the MD and CEO of Affle said: “Q4 FY2024 marked a landmark period for Affle, as we achieved record growth on both year-over-year and sequentially. We achieved our highest quarterly revenue run-rate, highest EBITDA, PAT, and consumer conversions to date. This reflects our ongoing commitment to enhancing our product capabilities by delivering integrated platform solutions and premium propositions and expanding our technological prowess, particularly in Gen AI, to significantly strengthen our market position. As we conclude FY2024 on a strong note, our achievements are not just a testament to our resilience, but also a clear indicator of our long-term potential. With over 5X growth in topline and profitability in the last five years powered by our unique ROI-linked CPCU business model, and our continued investments in tech, markets, and team expansion, we are poised to continue our trajectory of robust growth with enhanced profitability. We remain dedicated to delivering sustainable value creation for all stakeholders. We are excited about harnessing next-gen technologies to shape the future of digital advertising in a hyper-connected world, as we enter FY2025 with great optimism.”We continue to witness a robust market opportunity as advertisers steadily accelerate their digital spending, resulting in broad-based growth in our CPCU business, coming across our top industry verticals globally. This quarter underscored the success of our realigned strategies & teams, consistent efforts to enhance platform & product capabilities, relentless focus on R&D, and deeper ecosystem-level partnerships. Our commitment remains steadfast in paving the way towards advanced digital technologies through responsible integration of Gen AI across conversion-driven marketing. In line with this, we filed 15 new patents in India during the quarter. We continue to expand the breadth of our tech IP assets and are investing in Gen AI-powered innovations to go beyond the mere adoption of AI for cost efficiencies, but rather fortify our competitive moat and drive long-term revenue growth. We remain focused on delivering greater strategic value for all our stakeholders and are excited about the future possibilities to drive sustainable business impact with next-gen technologies.”

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Year ended 31st March 2024 results highlights

• Total operating revenue is up 15.9% YoY to ₹51,172 million.
• Operating EBITDA up 15% YoY to ₹9,413 million.
• In the last 3 years, revenue from operations has grown at 29% CAGR while Operating EBITDA grew at a 35% CAGR.
• Profit before tax (PBT) was up 17.1% YoY to ₹9,321 million.
• We closed a total of 12 large deals in FY24, which included one $50 Mn plus deal and five deals in the $15 to $25 million range.
• Our customer pyramid has continued to improve, with 2 customers added in the $10-50
• million category, 2 in the $5-10 million category, and 3 in the $1-5 million category.
• The board recommended a final dividend of ₹8.40 per equity share, and a special dividend of ₹ 1.65 per equity share, subject to shareholder approval at the AGM.

Quarter ending 31st March 2024 results highlights

• Total operating revenue up 0.9% QoQ to ₹13,010 million.
• In USD terms, total operating revenues were up 1.2% QoQ to $156.6 million. Services segment revenues came in at $120.2 million.
• Operating EBITDA at ₹2,400 million; EBITDA margin at 18.4% vs. 18.3% QoQ (adj.) and 17.3% YoY
• Net income at ₹1,572 million; Net margin at 12.1%.
• 90 bps sequential improvement in [LTM] attrition to 14.5%.

Warren Harris, Chief Executive Officer and Managing Director said: “I am delighted with the way our business performed in FY24 with revenue growth of 15.9% and a 15% growth in operating EBITDA. In the last 3 years, our revenue from operations has grown at 29% CAGR while Operating EBITDA grew at a 35% CAGR. We closed a total of 12 large deals in FY24 which included one $50 Mn plus deal,  and five deals in the $15 to $25 Mn range. Our large deal pipeline remains healthy and continues to grow. We are currently engaged in several large deal discussions with existing and new customers and anticipate an uptick in deal conversions in the current quarter. We continue to lead our industry in Gen AI and Software Defined Devices (SDx) services – as evidenced by the endorsement that we have received from BMW. I am incredibly grateful to the almost 13,000 people of Tata Technologies, who remain committed to helping our customers engineer a better world.”

Savitha Balachandran, Chief Financial Officer, said: “We will continue to follow a balanced approach of exercising operational discipline while strategically investing in capacity and capabilities to seize the opportunity presented by the industry’s structural transformation. Ending the year with a robust  EBITDA  margin of  18.4%  and strong liquidity underscores our focus on efficiency and prudent management of resources. Overall, I am pleased with our execution in FY24 and, also with having delivered over 18% margins consistently over the last three consecutive years, in line with our stated aspiration. We are excited about our prospects in FY25 and remain committed to creating long-term shareholder value.”

Tata Technologies is integrating systems engineering for software-defined vehicles (SDVs), leveraging its turnkey vehicle development capabilities to engineer the future of mobility with agility. The company is also utilizing generative AI-powered styling solutions for design studios to fuel innovative design ideas for OEMs. Furthermore, Tata Technologies is empowering manufacturers with Gen AI-powered virtual sales assistants to support sales and after-sales journeys. Utilizing Gen AI for decoding failure modes can help reduce analysis time by 70%, facilitating proactive decision-making and rapid design enhancements. These advancements represent the company’s commitment to innovation and excellence in engineering the vehicles of tomorrow.

Key highlights and recognitions:

• Tata Technologies and BMW Group have signed a strategic Joint Venture Agreement to collaborate for the development of Automotive Software and Business IT solutions.
• Tata Technologies has renewed its engineering center contract and won strategic deals in AMR Controls and Embedded Software with a leading global designer and manufacturer of access equipment based in North America.
• A leading North American bus manufacturer has onboarded Tata Technologies as its Strategic Engineering partner for Engineering support services engagement.
• A premium UK-based global automotive original equipment manufacturer (OEM) has partnered with Tata Technologies to implement Manufacturing Execution Solutions for a modern luxury electric car.
• Tata Technologies has inked a 5-year Memorandum of Understanding (MoU) with the Telangana government to establish Advanced Technical Skill Training Centers in 65 Industrial Training Institutes in the state.

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