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State-owned REC Ltd on Friday posted an over 9 per cent year-on-year increase in net profit to Rs 4,414.93 crore in September quarter, on higher income.
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Markets regulator Sebi on Friday proposed measures to make it easier for investors to dematerialise physical shares and transfer them, especially those lodged before April 1, 2019.
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Sify Infinit Spaces, part of Sify Group, has filed draft papers with Sebi for India’s first data center IPO worth ₹3,700 crore. Proceeds will fund expansions in Chennai and Navi Mumbai, debt repayment, and general corporate purposes.
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JSW Energy reported a 17% year-on-year fall in consolidated net profit to Rs 705 crore for Q2, despite a 60% revenue surge to Rs 5,177 crore. EBITDA increased by 67% YoY to Rs 3,180 crore, driven by renewable capacity additions. The company affirmed its healthy balance sheet and credit ratings, with installed capacity at 13.2 GW.
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Persistent Systems’ stock jumped 8% after reporting robust Q2 results, including sequential revenue growth, 16.3% operating margin, record $609.2 million order bookings, and a healthcare recovery driving FY26 growth.
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