Vintage Coffee Q1 Revenue Grows 58% to 161 Cr as Capacity Expansion Scales
Vintage Coffee delivered a robust Q1 FY27 performance with revenue climbing 58.4% year-on-year to 161 crore, supported by recent capacity additions. Management is now pivoting toward high-margin freeze-dried coffee to drive long-term structural profitability and global market expansion.
Sri Lotus Developers Q1 FY27 Pre-sales Surge 567% as Revenue Hits ₹132 Crore
Sri Lotus Developers and Realty Limited reported robust growth in Q1 FY27, marked by a massive surge in pre-sales to ₹409 crore and a 116% increase in operating revenue. The company maintains its focus on high-margin luxury redevelopment projects in Mumbai and announced a flagship expansion into the GIFT City area.
GPT Infraprojects Q1FY27: EBITDA Surges 28% Driven by High-Margin Signaling Business
GPT Infraprojects Limited reported a resilient operational performance for the first quarter of FY27, marked by a significant 28.4% year-on-year growth in consolidated EBITDA. While consolidated revenue saw a marginal dip of 3.4% to ₹302 crore due to election-related execution delays in West Bengal, the company maintained its aggressive 30% full-year growth guidance backed by a robust order book of ₹4,303 crore.
Basilic Fly Studio Secures ₹105 Crore Hollywood Projects; Bidding Pipeline Hits ₹700 Crore
Basilic Fly Studio Limited has secured new international mandates worth approximately ₹105 Crore for the FY27 fiscal year from prominent global streaming platforms. These wins represent roughly 25% of the company's FY26 reported revenue and are complemented by a record-high bidding pipeline of ₹700 Crore.
ICICI Lombard Unveils 25 Innovative Insurance Solutions to Mark its 25th Anniversary
ICICI Lombard General Insurance has launched 25 new innovative customer-centric solutions across health, motor, home, travel, and commercial segments. The launches coincide with the company's silver jubilee and include five industry-first features powered by advanced AI and digital technology.
Satin Finserv Mobilises ₹650 Crore via Debt and Equity to Fuel MSME Lending Growth
Satin Finserv Limited, a wholly owned subsidiary of Satin Creditcare Network Limited, successfully mobilized over ₹650 crore through a combination of debt and equity capital in YTD FY27. This capital infusion is designed to strengthen the subsidiary's balance sheet and support its expanding MSME lending operations across 14 states.
Karnataka Bank Launches AI-Powered KBL Finsurance Platform to Digitise Bancassurance
Karnataka Bank has introduced KBL Finsurance, a comprehensive digital portal aimed at automating the end-to-end insurance distribution process. Developed in collaboration with fintech firm SprintMoney, the platform integrates AI-driven CRM and real-time monitoring tools to enhance the bank's bancassurance efficiency.
Greaves Cotton Subsidiary GEML Completes ₹530 Crore Rights Issue for EV Expansion
Greaves Electric Mobility Limited (GEML), the e-mobility arm of Greaves Cotton, has successfully completed a ₹530 crore rights issue. The capital infusion, backed by anchor investors Greaves Cotton and Abdul Latif Jameel, is designated for accelerating technology development and next-generation product launches in the electric vehicle segment.
Biocon Ltd Launches Yesafili Biosimilar in US Market to Address USD 5.89 Billion Opportunity
Biocon Limited has initiated the commercial launch of Yesafili, its interchangeable biosimilar to Eylea, in the United States. The launch addresses a multi-billion dollar market opportunity in ophthalmology, providing a new treatment option for millions of Americans suffering from vision-threatening conditions.