LIC Housing Finance reported a net profit of INR 1,349.37 crore for the quarter ended September, marking a 1.63 per cent increase over the corresponding period of the prior year. The lender's total income rose by 3.48 per cent to INR 7,179.77 crore, driven by a 6 per cent expansion in its loan portfolio. Individual home-loan disbursements grew by 3 per cent, while key credit-quality metrics improved. The company signalled optimism for business growth for the current fiscal, citing lower interest rates and improved sentiment.Read more

Realty firm Brigade Enterprises Ltd reported a consolidated net profit of INR 162.5 crore for the quarter, up 37 % from INR 118.98 crore in the same period last year. Total income rose to INR 1,429.86 crore from INR 1,138.13 crore. The company noted it is entering the second half of the fiscal year with strong tailwinds, backed by a robust launch pipeline, healthy leasing and hospitality growth. Founded in 1986, the group has a presence in residential, office, mall, hospitality and education segments across Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram and GIFT City.Read more

Adani Power recorded a 12% decline in its consolidated net profit to INR 2,906 crore for the September quarter, primarily due to higher expenses. While profit fell from INR 3,297.52 crore in the same period last year, total income rose to INR 14,307.79 crore, supported by higher power sales despite lower merchant tariffs and coal prices. The company's consolidated capacity increased to 18,150 MW after acquiring Vidarbha Industries Power Ltd. Adani Power also signed new long-term agreements and advanced several major power projects across multiple states.Read more

The parent company of OYO, PRISM, has approved an increase in its authorised share capital from INR 2,431.13 crore to INR 2,433.13 crore by adding 20 lakh compulsorily convertible preference shares (CCPS) of INR 10 each. It is also issuing sweat-equity shares (about 47.5 lakh each) to independent directors Troy Matthew Alstead and William Steve Albrecht at INR 37.12 per share, with a three-year lock-in. Existing shareholders will receive bonus CCPS at one bonus for every 6,000 equity shares held. These moves form part of a comprehensive structuring effort as PRISM advances toward filing its draft prospectus and targeting a USD 7-8 billion IPO.Read more

Larsen & Toubro (L&T) reported a 15.6% rise in consolidated net profit to INR 3,926.09 crore for the September quarter, compared with INR 3,395.29 crore a year earlier, driven by strong revenue and order growth. Revenue from operations climbed 10% to INR 67,983.53 crore, while order inflows surged 39% year-on-year to INR 2,10,237 crore, with 59% from international projects. CFO R. Shankar Raman said the firm expects to divest its Hyderabad Metro stake soon and exceed its order guidance for FY26. CMD S. N. Subrahmanyan highlighted steady execution across portfolios and robust prospects in India and the Middle East, underscoring L&T's sustained growth and global resilience.Read more

Raymond Lifestyle reported a two-fold rise in consolidated net profit to INR 75.19 crore for the September quarter, up from INR 42.18 crore a year earlier, driven by strong domestic demand in its textile and apparel segments. Revenue rose 7.26% to INR 1,832.4 crore, while EBITDA stood at INR 259 crore with a 13.9% margin, despite higher advertising spends. The textile segment grew 10% to INR 937 crore, and branded apparel revenue rose 11% to INR 491 crore. Global operations faced headwinds from U.S. tariffs on Indian exports, but local growth offset the impact. With 1,663 stores nationwide and continued retail expansion, Raymond Lifestyle remains well-positioned to sustain its market leadership in fashion and lifestyle retail.Read more

Vertis Infrastructure Trust, backed by KKR and the Ontario Teachers' Pension Plan, has appointed Axis Capital, Ambit Capital, and Avendus Capital as lead managers for its planned Indian initial public offering (IPO) worth up to USD 568 million. The infrastructure investment trust (InvIT) is expected to seek regulatory approval within the next few weeks and aims to list by the second quarter of 2026. The decision comes amid a strong year for Indian public markets, where companies have already raised around USD 16 billion through IPOs, according to Dealogic.Read more

Real estate major DLF reported a dip in its consolidated net profit for the quarter ended September, with earnings falling by 15 per cent to INR 1,180.09 crore. The decline was primarily attributed to reduced revenue from operations, which dropped to INR 1,643.04 crore compared with INR 1,975.02 crore during the same period last year. However, the company witnessed a slight rise in its total income, which increased to INR 2,261.80 crore from INR 2,180.83 crore a year earlier, reflecting a mixed performance for the quarter.Read more

The Syama Prasad Mookerjee Port (SMP) in Kolkata has secured more than INR 48,000 crore in strategic investment commitments through multiple partnerships signed during India Maritime Week 2025 in Mumbai. The agreements cover a range of projects, including new container terminals, riverfront development, dredging operations, and industrial infrastructure expansion. Major companies such as Haldia Petrochemicals, Adani Ports, JSW Infrastructure, Dredging Corporation of India, and UltraTech Cement have committed significant investments aimed at enhancing port capacity, connectivity, and economic growth in eastern India.Read more

DCM Shriram Ltd recorded a strong financial performance in the second quarter of FY26, with its consolidated net profit increasing more than two and a half times to INR 158.72 crore compared to INR 62.92 crore in the same period last year. The company, which operates across chemicals, vinyl, agriculture, and building materials, also reported a rise in total income to INR 3,531.26 crore from INR 3,183.98 crore a year earlier. The growth was largely driven by higher revenue in the chemicals and vinyl divisions, which rose to INR 1,108.40 crore from INR 777.36 crore.Read more