Archives February 2026

New Delhi, Feb 12: Cosmo First Limited today announced its financial results for the quarter ended December 2025 and year-to-date December 2025, reporting improved EBITDA performance in Q3 FY26 compared to the previous year.

The improvement was driven by a strong 29% increase in sales volumes and better performance from the specialty chemical subsidiary. However, overall EBITDA was partially impacted by margin decline in BOPP and BOPET core films, the full-quarter impact of high USA tariffs, a volume loss of around 6% due to the shutdown of one BOPP line, and a non-repetitive inventory loss of ₹8.4 crores arising from a drop in raw material prices.

Profit After Tax (PAT) remained muted due to higher depreciation and interest costs related to newly commissioned capacities.

The Company expects double-digit revenue growth in the coming quarters, supported by enhanced utilization of recently added capacities. Additionally, the recently announced reduction in USA tariffs is expected to improve profitability from USA operations starting Q1 FY27, once the higher-duty-paid inventory is fully exhausted.

Cosmo Plastech, the Group’s rigid packaging vertical, achieved positive EBITDA in December 2025. The focus going forward will be on improving profitability through higher capacity utilisation and operational efficiency.

Both consumer-facing businesses—Zigly (Petcare) and Cosmo Consumer (Window Films, Paint Protection Films & Ceramic Coatings)—continued to scale up. Zigly posted over 50% year-on-year topline growth in Q3 FY26, reflecting strong momentum in the petcare segment.

Commenting on the Company’s performance, Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd., said,

“The FY26 focus will be on achieving close to full capacity utilization for the Films business and faster scaling of new businesses.”

 Key Developments During the Quarter

1. Films Business (Cosmo Films)

• Announced a strategic joint venture in South Korea with Filmax Corporation to introduce and scale multiple Cosmo First business verticals in the South Korean market.

• Honoured with the IFCA Star Award for excellence in packaging innovation.

• Launched high-performance packaging films for the pet food industry.

2. Rigid Packaging (Cosmo Plastech)

• Expanded into rigid packaging solutions for the pharmaceutical industry with PET sheets.

3. Petcare Business (Zigly Petcare)

• Expanded footprint in Western India.

• Opened its first complete pet care centre in Pune and second centre in Jaipur.

4. CSR & Foundation (Cosmo Foundation)

• Partnered with the Border Security Force (BSF) to expand Delhi’s green cover with a 15,000-tree Miyawaki and fruit-bearing forest initiative.

• Ms. Yamini Kumar Jaipuria was honoured as ET NOW Impactful Women Leaders of India 2025 and Impactful CSR Leader of India 2025 at the ET Edge GSA Transformation Series.

5. Corporate / Group-Level Milestone

• Achieved the globally recognised Information Security Management System certification – ISO/IEC 27001:2022.

New Delhi, Feb 12: IOL Chemicals s Pharmaceuticals Ltd., one of the leading Active Pharmaceutical Ingredient (API) manufacturers, announced its Financial Results for the quarter and nine months ended 31st December 2025.

Key Standalone Financial Highlights

 PBT and PBT Margin are calculated after netting off exceptional items arising from new labour laws.

  Commenting on the performance, Mr Vikas Gupta, Joint Managing Director said,

“Ǫ3 FY2c has been a resilient quarter for IOL, marked by double-digit revenue growth, margin expansion, and a 3S% YoY increase in profit before exceptional items and tax, despite prevailing geopolitical uncertainties. This performance underscores the resilience of our operations and sustained demand across our businesses.

Our Pharmaceuticals segment continues to lead growth, delivering an 18% revenue increase year-on-year. Importantly, pharma’s share of overall revenue has risen from 57% in Ǫ3 FY25 to c1% in Ǫ3 FY2c, highlighting its growing contribution. EBIT from Pharmaceuticals grew 32% YoY, driven by healthy volume growth and strong traction in non-Ibuprofen APIs, which are broadening and diversifying our product portfolio.

In Chemicals, we achieved optimal capacity utilisation, reflecting improved demand and operational discipline. EBIT grew 37% YoY, supported by efficiency gains and sustained customer traction. This validates the strength of our diversified business model and the meaningful contribution of both segments.

Looking ahead, our focus remains on expanding our presence in regulated markets, strengthening our new product pipeline, deepening backward integration, and enhancing R&D capabilities. These measures will help us sustain growth momentum, enhance competitiveness, and deliver long-term value creation for our stakeholders”

Chandigarh, Feb 12: Jupiter International Limited, one of India’s leading solar cell manufacturers has successfully commissioned its third solar cell manufacturing unit marking a major capacity expansion that effectively doubles the company’s solar cell manufacturing capability in Baddi, Himachal Pradesh.

The milestone marks a significant leap in Jupiter’s manufacturing capabilities. With this commissioning, Jupiter adds 1 GW of mono PERC capacity to its existing 959 MW base, taking its total installed capacity to nearly 2 GW. The new unit has been developed by Jupiter Solartech Private Limited (JSTPL) – a wholly owned subsidiary of Jupiter International Ltd.

Strategically located in Village Katha, Baddi, District Solan, the new facility is built with a focus on high-efficiency mono PERC technology, aimed at aligning with global benchmarks in quality and productivity.

Jupiter International’s capacity expansion is expected to double its local workforce, creating a significant pipeline of skilled green jobs across advanced solar manufacturing operations.

As part of its long-term roadmap to drive vertical integration and technology leadership, Jupiter International is also on pathway setting up another 1.25 GW TOPCon (Tunnel Oxide Passivated Contact) solar cell line.

“The commissioning of Unit III at Baddi is a major milestone in our journey to scale the company’s solar manufacturing capabilities. This expansion reaffirms Jupiter’s commitment to our vision of delivering world-class clean energy technologies that are Made in India, for India and the world,” said Mr Alok Garodia, Chairman and Managing Director – Jupiter International Ltd.

Jupiter’s integrated approach of combining manufacturing with R&D capabilities continues to strengthen its position as a tech and sustainability-driven solar manufacturer and a key enabler in India’s clean energy transition. With this latest expansion, the company is further strengthening domestic capacity and supporting national priorities under India’s 500 GW renewable energy roadmap.

Chandigarh, Feb 12: TVS Motor Company, a global leader in two- and three-wheeler mobility, in collaboration with Exelentia, has delivered two TVS iQube electric scooters to the Governorate of Vatican City State, reinforcing a shared commitment to sustainable and responsible mobility.

The official handover ceremony took place on February 5, marking another milestone in the ongoing collaboration between the Vatican and Exelentia, which has been actively engaged in innovation and sustainability-led initiatives.

This initiative, undertaken by Exelentia in partnership with TVS Motor Italia, represents a concrete step forward in the ecological transition journey of the Governorate of Vatican City State. The move aligns with the Vatican’s focus on zero-emission mobility solutions tailored to meet the daily operational requirements of a uniquely sensitive and historic environment—where efficiency, reliability, and environmental stewardship are fundamental values.

Emphasizing the significance of the occasion, Giovanni Notarbartolo di Furnari, General Manager of TVS Motor Italia, said,

“The deployment of TVS iQube electric scooters in a prestigious setting such as the Vatican validates our vision for urban electric mobility—anchored in reliability, intuitive usability, and world-class quality.”

Giovanni Zappia, Founder & Owner of Exelentia, added,

“The partnership with the Governorate of the State of Vatican City strengthens Exelentia’s commitment to delivering mature, reliable mobility solutions suited to particularly sensitive urban and institutional contexts.”

TVS iQube: Advancing Zero-Emission Mobility

The TVS iQube was selected for its silent performance and advanced technological features, making it well-suited for the Vatican’s historic and high-sensitivity setting. Offering a range of up to 100 km in eco mode, the electric scooter combines performance with sustainability.

Equipped with the SmartXonnect system, accessible through a TFT display and a dedicated mobile application, the TVS iQube delivers intelligent connectivity and enhanced user experience.

Key highlights of the TVS iQube include:

• Superior riding comfort

• Ease of use and practicality

• Functional and intelligent technology

• Zero emissions and near-silent operation

Designed for urban mobility and short-distance travel, the TVS iQube integrates sustainability with convenience, reinforcing its position as a next-generation mobility solution.

TVS Motor Company, founded in India, operates in over 90 countries and is widely recognized for delivering reliable vehicles that address the real-world mobility needs of millions globally.

Exelentia, a specialist in last-mile mobility solutions, brings the TVS iQube to institutional and urban environments through a vision centered on reliability, accessibility, and sustainable urban transport.

Bangalore, Feb 12: The ICC Men’s T20 World Cup 2026 in India and Sri Lanka has enjoyed a strong start on JioStar, delivering the biggest ever opening day across JioHotstar and the Star Sports network for any ICC event.

Total consumption across JioStar’s digital and linear platforms grew by 59% compared to the 2024 edition, reaching 14.7 billion minutes on the opening day, together delivering the biggest ever opening day in ICC Men’s T20 World Cup history. As the opening day concluded with India beating USA in their opening fixture of their title defence, JioHotstar recorded a reach of 101.9 million, up by 81% over the 2024 edition.

India’s opening game against the USA drove strong viewership momentum across platforms as linear TV ratings went up 41% and digital reach went up 98% compared to India’s first match of the ICC Men’s T20 World Cup 2024 against Ireland.

Mr. Ishan Chatterjee, CEO – Sports, JioStar, said:

“The record-breaking viewership for the opening day of the ICC Men’s T20 World Cup 2026 in India and Sri Lanka demonstrates India’s appetite for innovative broadcast and high-octane on-field action.

“JioStar’s expansive presentation in nine languages coupled with exciting matches have kept fans engaged right since the first match. Such massive engagement creates a powerful ecosystem that ensures our partners and stakeholders derive the maximum value, reaching a diverse, engaged audience at an unmatched scale.”

Mr. Anurag Dahiya, ICC Chief Commercial Officer, said:

“We are delighted to see the ICC Men’s T20 World Cup 2026 begin with such unprecedented momentum. The surge in viewership across linear and digital platforms is a testament to the strength and scale of our partnership with JioStar in delivering a truly world-class broadcast experience, alongside the valued contribution of our broader broadcast and commercial partners.

“Reaching 14.7 billion minutes of consumption on day one alone reflects the extraordinary passion for the tournament and the quality of cricket on display. We look forward to building on this momentum as the event progresses.”

JioStar’s build up to the tournament has generated strong momentum, led by the widely appreciated

“Champions Backing Champions” film featuring India’s World Cup winning women’s team supporting the Men in Blue, followed by Rohit Sharma’s call to Team India to “Repeat History and Defeat History.”

With 130+ experts delivering coverage in nine languages, JioHotstar is enhancing the viewing experience through innovations like MaxView in English and Hindi on mobile and Indian Sign Language for India games and knockouts, bringing fans closer to the action.

JioStar’s presentation of the ICC Men’s T20 World Cup in India & Sri Lanka is partnered by Thums Up, OpenAI, Emirates, Sting, Birla Opus, Mahindra & Mahindra Auto, Apollo Tyres, Rapido, Amul, Vanesa, Axis Max Life Insurance, Hyundai, MoneyView, Britannia, Google Pixel, General Insurance Council, Haier and Life Insurance Council.

Mumbai, Feb 12: Shringar House of Mangalsutra Limited (SHOML), one of the leading designers, manufacturers and marketers of Mangalsutras, reported its Unaudited Financial Results for the quarter and nine months ended December 31, 2025.

Key Financial Highlights

For Q3 FY26, the Company delivered strong year-on-year growth across key financial parameters, with revenue from operations rising by 68.4%. Gross profit more than doubled, registering a 111.4% increase, while gross margins expanded by 169 basis points. EBITDA grew sharply by 105.8%, with EBITDA margins improving by 111 basis points. Profit After Tax recorded a robust growth of 134.2%, accompanied by a 129 basis point expansion in PAT margins.

For the nine-month period ended FY26, revenue from operations increased by 41.0% year-on-year. Gross profit rose by 71.9%, with gross margins expanding by 174 basis points. EBITDA grew by 64.7%, while EBITDA margins improved by 108 basis points. Profit After Tax registered a strong growth of 77.5%, with PAT margins expanding by 110 basis points, reflecting sustained improvement in profitability and operating efficiency.

Highlights for the Quarter

Revenue from operations for Q3 FY26 stood at Rs. 658.9 Crores, as against Rs. 391.3 Crores in Q3 FY25, reflecting a 68.4% growth on a year-on-year basis. The surge in growth was largely supported by the positive movement in gold prices.

EBITDA for the quarter grew by 105.8%, reaching Rs. 40.2 Crores in Q3 FY26 compared to Rs. 19.5 Crores in Q3 FY25. EBITDA margin for the quarter stood at 6.1%, expanding by 111 basis points on a year-on-year basis.

EBITDA saw a sharp increase due to strong revenue momentum, improved gross margins, and operating leverage benefits driven by lower employee costs.

Profit After Tax for Q3 FY26 stood at Rs. 30.1 Crores, as against Rs. 12.9 Crores in Q3 FY25, registering a 134.2% YoY growth. PAT margin increased by 129 basis points year-on-year to reach 4.6%, reflecting strong profitability.

Commenting on the Results, Mr. Chetan N Thadeshwar, Chairman & Managing Director said:

We are delighted to deliver another quarter of strong performance, marked by robust revenue growth, margin expansion, and significant improvement in profitability. The favourable movement in gold prices, combined with sustained domestic demand, significantly strengthened our operating performance this quarter. Our EBITDA more than doubled, highlighting the strength of our business model and operational efficiency.

As we continue to expand our footprint with our newly opened branch office in Pune and our existing office in Delhi, we remain focused on strengthening client relationships, investing in design innovation, and enhancing our integrated manufacturing capabilities to deliver consistent, high-quality craftsmanship at scale. We have also onboarded five third-party facilitators to accelerate our national expansion strategy. These partnerships will significantly enhance our distribution capabilities, enabling us to enter untapped jewellery markets and deepen engagement with local jewellers across key regions. Together, they form a critical pillar of our emerging pan-India supply chain and position us to scale efficiently in line with growing demand.

Looking ahead, we remain optimistic about the continued positive trend in gold prices and the supportive demand environment underpinning the jewellery sector. Backed by over 15 years of industry experience, a robust base of marquee clients, and a rapidly growing portfolio of high-value products, we are firmly positioned to deliver durable, long-term value for all stakeholders. Our scalable, innovation-driven business model gives us a clear advantage in capturing new opportunities across India. With deeper distribution reach and strengthened operational capabilities, we are accelerating growth momentum

New Delhi, Feb 12: Capacit’e Infraprojects Limited, a fast-growing construction company providing end-to-end services across residential, commercial, and institutional buildings, today announced its consolidated financial results for the quarter and nine months ended December 31, 2025. The Company operates across Mumbai Metropolitan Region (MMR), Gandhinagar, Pune, Goa, Chennai, National Capital Region (NCR), Hyderabad, and Bengaluru.

Q3 FY26 Financial Highlights (Consolidated):

• Total Income: Growth of 13% YoY

• EBITDA: Growth of 20% YoY; EBITDA margin improved

• EBIT: Growth of 19% YoY; EBIT margin improved

• PAT: Slight change YoY; PAT margin stable

9M FY26 Financial Highlights (Consolidated):

• Total Income: Growth of 13% YoY

• EBITDA: Growth of 8% YoY; EBITDA margin within guided range

• EBIT: Growth of 7% YoY; EBIT margin improved

• PAT: PAT margin stable

Balance Sheet & Operational Metrics:

• Gross Debt & Equity: Strong leverage ratios maintained

• Net Assets Turnover (Core Assets): Improved compared to previous year

• Order Book (Standalone): Strong and diversified; public sector and private sector share highlighted

Commenting on the performance, Mr. Rohit Katyal, Executive Chairman, said:

“FY2025 marked a new performance benchmark for the Company, delivering record growth across key operational and financial metrics. This momentum continued into Q3 FY26, with our highest-ever quarterly revenue, reflecting steady, disciplined growth driven by strong execution and resilient demand.

Despite extended monsoon conditions, municipal election-related delays in MMR, and regulatory interruptions in NCR, project execution progressed well across regions. Execution momentum has normalized and strengthened, and we expect to accelerate further in Q4 FY26.

Our multi-year portfolio optimization strategy is delivering measurable outcomes, including higher average order sizes, rationalized projects under execution, increased revenue per project, and improved management efficiency.

Year-to-date bookings have already surpassed full-year guidance. Supported by a strong pipeline of quality bids and full working capital tie-ups, we are confident of further expanding the order book and delivering on our growth plans.

Capacit’e Infraprojects is firmly positioned in an accelerated growth cycle, anchored by a diversified order book, strong financial strength, and proven delivery track record, enabling us to create sustained long-term value and set new performance benchmarks in the periods ahead.”

Five state-of-the-art ACLS ambulances are strategically positioned across the Marathahalli-Mahadevapura IT corridor. Emergency physicians onboard to begin treatment en route, ensuring patients reach the hospital within the golden hour.

Bangalore, Feb 12: Kauvery Hospital Marathahalli today launched Bangalore’s largest and most advanced ambulance fleet, dedicating five fully equipped Advanced Cardiac Life Support (ACLS) ambulances exclusively to serve the Marathahalli and Mahadevapura constituencies.

Shri Aravind Limbavali, Former Minister and Mahadevapura Task Force Chairman, and Smt. Manjula Aravind Limbavali, MLA (Mahadevapura Constituency), formally handed over the fleet to the RWA community stakeholders at a ceremony held at New Horizon College of Engineering, Kaadubeesanahalli, as part of ‘Ayushmaan Bhava’, a scommunity health initiative.

The ambulance service introduces a 180-second (3-minute) emergency call-to-dispatch protocol. Ambulances are strategically positioned across the IT corridor and neighbouring residential areas. This deployment ensures residents access emergency medical care within minutes of a distress call.

Mobile ICUs Bring Treatment to Patients

These ambulances operate as mobile intensive care units with emergency physicians, trained paramedics, and nursing staff onboard. Treatment begins the moment paramedics pick up a patient. This matters for time-sensitive conditions.

“In emergency medicine, we measure outcomes in minutes, sometimes seconds,” said Dr. Surendar Sambath, Head of Emergency Medicine, Kauvery Hospital, Marathahalli. “The golden hour begins the moment a cardiac arrest or stroke occurs. With this fleet stationed strategically across Marathahalli and an emergency physician onboard each ambulance, we compress the critical window between a medical distress call and advanced medical intervention. For conditions like myocardial infarction or stroke, every minute of delay increases mortality risk. We bring ICU-level care to the patient’s doorstep.”

Each ambulance carries Advanced Life Support medical equipment including cardiac monitors, defibrillators, ventilators, and emergency medications. The service covers head injuries, heart attacks, stroke, road accidents and trauma, labor pain, and pediatric emergencies.

Ambulances positioned across the IT corridor and residential neighbourhood’s mean patients in critical condition reach the hospital facility well within the golden hour. Treatment starts during transport.

Addressing Infrastructure needs in High-Density Urban Corridor

The launch addresses to fulfil the needs in emergency medical infrastructure in Marathahalli-Mahadevapura, one of Bangalore’s most densely populated corridors. Home to major IT parks and residential complexes, the constituency has witnessed exponential population growth without proportionate emergency medical services. Traffic-related delays during peak hours have historically impacted emergency response times. The decentralized fleet positioning directly addresses this challenge.

The service offers free emergency pickups for all residents and operates on GPS real-time tracking for optimized dispatch. Residents now have medical help nearby.

Speaking at the launch, Shri Aravind Limbavali said, “Marathahalli and Mahadevapura are home to hundreds of apartment complexes with thousands of families. This ambulance fleet, strategically positioned in our high-density residential areas, ensures that emergency care reaches our residents’ doorsteps within minutes. I appreciate Kauvery Hospital’s commitment to our community’s safety. When you have 400 to 500 apartments in proximity and an ambulance stationed nearby, you save precious lives during the golden hour. This is the kind of healthcare infrastructure our growing constituency needs.”

Speaking at the launch, Amaresh Lakshminarayana, General Secretary of the Mahadevapura Task Force and President of the Green Glen Residents Association thanked Kauvery Hospital for their collaboration. He highlighted Kauvery Hospital’s close partnership with the Mahadevapura Task Force’s initiative to station an ambulance within every 2.5-kilometer radius will save precious lives during golden hour. Mahadevapura is an IT corridor and experiences significant traffic congestion, which makes reaching an ambulance during critical emergencies a major challenge. This initiative will ensure prompt arrival and save precious lives.

Residents access the ambulance service nearby via the dedicated emergency number 080-6801-6901, available 24/7.

Community Health Initiative Alongside Launch

The event also featured a mega blood donation camp organized in association with the Karnataka Voluntary Blood Donors Association and free health checkups for over 500 residents, with distribution of privilege discount health cards to beneficiaries as part of the birthday celebration of Shri Aravind Limbavali.

Feb 11: &TV has always stood for entertainment that reflects the everyday lives of Indian audiences- stories rooted in warmth, humour, and emotional familiarity. This Valentine’s Day, the channel takes that philosophy beyond television with a thoughtful brand-led initiative that celebrates how love is truly expressed in Indian households.

Titled ‘India ka Love Language’, the campaign is built on a powerful cultural insight: in India, love is often understated. Especially among men, affection is rarely verbalised or expressed. Instead, it is conveyed through small, meaningful gestures, silent support, routine care, shared humour, and actions that speak louder than words. Through this initiative, &TV bridges this emotional gap, encouraging people, particularly men- to express love in simple, tangible ways.

To bring this thought alive, &TV rolled out an on-ground activation across Delhi, where a rose became a simple yet powerful symbol of love, seamlessly integrated into everyday moments. Rather than loud declarations or performative romance, the initiative focused on creating a gentle nudge, prompting individuals to pass on the rose to someone who matters to them. Designed to feel organic and intimate, the gesture reinforced the idea that love does not need an occasion or grand expression to be meaningful.

At the heart of this initiative lies Bhabiji Ghar Par Hain! 2.0, a show that perfectly embodies &TV’s brand ethos. Known for its playful humour, the show captures relationships where affection is expressed through banter, everyday interactions, and unspoken understanding. This is why the message, “Aapke pyaar ke liye ek anokha tohfa – Sahi pakde hain!”, fits seamlessly, making the show a natural extension of the campaign’s thought.

Speaking about the initiative, Kaveri Das, Chief Channel Officer, &TV and Business Head – Hindi, ZEE5, shared, “At &TV, we believe the most powerful stories are the ones that mirror real life. Love, in our culture, is often quiet, especially when it comes from men who may not always express it in words. Through this Valentine’s Day initiative, we wanted to celebrate that silent affection and encourage people to acknowledge it. Bhabiji Ghar Par Hain! 2.0 reflects this beautifully, where relationships thrive on humour, warmth, and everyday gestures rather than grand declarations. This campaign is our way of extending that familiar emotion beyond the screen and into people’s lives.”

Celebrate love the Indian way this Valentine’s Day with Bhabiji Ghar Par Hain! 2.0—only on &TV and ZEE5.