Business - The Purbottar

08 Nov

Godrej Agrovetposts strong H1 FY26 growth, led by animal feed and vegetable oils

Business BureauBusiness

Godrej Agrovet Limited (GAVL) reported robust volume-led growth across most business segments in its financial results for the second quarter and half-year ended September 30, 2025. According to Managing Director Sunil Kataria, the company saw strong margin improvements despite softness in the standalone Crop Protection segment. T he Animal Feed business delivered record quarterly volumes, with cattle feed up 18% year-on-year, while Vegetable Oils posted stellar revenue and margin growth, aided by higher crude palm oil and palm kernel oil realizations and the highest-ever Oil Extraction Ratio (OER). The Dairy business continued its upward trajectory, with value-added products contributing 36%…

08 Nov

GHV Infra posts 128% revenue surge, 138% profit jump in Q2 FY2025–26

Business BureauBusiness

GHV Infra Projects Limited (BSE: 505504) has reported stellar financial results for the quarter ended September 30, 2025, marking a sharp rise in both revenue and profitability. The infrastructure major recorded a 128% surge in revenue from operations, reaching ₹18,376.60 lakh in Q2 FY26, compared to ₹8,046.00 lakh in Q1 FY26. Profit Before Tax rose 151% to ₹1,584.73 lakh, while Profit After Tax (PAT) soared 138% to ₹1,122.20 lakh. The company also issued bonus shares in a 3:2 ratio, undertook a subdivision of equity shares, and made preferential allotments to both promoter and non-promoter groups. GHV Infra expanded globally by…

08 Nov

ABD reports strong Q2FY26 performance; premium push and new PET unit drive growth

Business BureauBusiness

Allied Blenders and Distillers Limited (ABD), India’s largest domestic spirits maker by volume, reported strong financial results for Q2FY26, driven by accelerated premiumization and improved operational efficiency. The company posted a profit after tax of ₹63 crore, up 32.3% year-on-year, while income from operations rose 14.4% to ₹995 crore. EBITDA stood at ₹130 crore, marking a 23.6% increase year-on-year, with margins improving to 13.1%. This marks ABD’s fifth consecutive profitable quarter post-listing. Prestige & Above brands continued to gain traction, with volume reaching 9 million cases, up 8.4% YoY, and the segment now contributing over 47% of total volumes. The…

07 Nov

Gold prices today!

Purbalee DuttaBusiness

Gold prices gained during early trade on November 7, supported by a weaker US dollar and firm global trends, making the precious metal more appealing to investors. Around 9:45 am, MCX Gold December futures rose 0.2% to ₹1,20,850 per 10 grams, while MCX Silver December contracts jumped 0.75% to ₹1,48,175 per kg. According to India Bullion data, 24-carat gold was priced at ₹1,21,260 per 10 grams and 22-carat at ₹1,11,155 per 10 grams, while silver stood at ₹1,48,670 per kg. Over the past two decades, gold prices have surged nearly 1,200%, climbing from ₹7,638 in 2005 to over ₹1,25,000 in…

07 Nov

Norton Motorcycles Launches Bold New Productand Brand Resurgence at EICMA 2025

Business BureauBusiness

Norton Motorcycles, under the ownership of TVS Motor Company, launched its strategic brand resurgence at EICMA 2025, unveiling four all-new models — Manx, Manx R, Atlas, and Atlas GT. The relaunch is backed by a £200+ million investment in Norton’s Solihull manufacturing facility, with a 25% increase in workforce ahead of the Manx R flagship debut in early 2026. Norton’s new logo and refreshed design identity signal a fusion of its storied British heritage with a modern, global vision. Richard Arnold, Executive Director, Norton Motorcycles, highlighted the company’s ambition: “Our resurgence marks the strategic transformation of one of the world’s…

07 Nov

Flipkart fuels Bharat’s new trade corridors, driving inclusive growth and empowering entrepreneurs

Business BureauBusiness

Flipkart, India’s homegrown e-commerce marketplace, has witnessed a powerful transformation in the country’s digital commerce landscape as new regional trade hubs from Surat and Bhiwandi to Jaipur and Karnal emerge and thrive on the platform. With a 1.4X surge in new selection inflow from these high-growth clusters witnessed during the festive season, Flipkart is enabling entrepreneurs from Tier-2 and Tier-3 cities to scale sustainable, technology-led businesses and take Bharat’s commerce story to new frontiers. Among Tier-2 cities, Bhubaneswar, Bhiwandi, and Durgapur have seen maximum growth during the festive season, underscoring the deepening digital engagement across regional India. This surge reflects…

07 Nov

Bajaj Finance announces 27% festive loan growth; 52% first-time borrowers strengthen inclusion push

Business BureauBusiness

Bajaj Finance Ltd., India’s largest private-sector non-bank lender and a subsidiary of Bajaj Finserv, today announced a strong festive season performance with a 27% year-on-year rise in consumer loan volumes and 29% growth in value for the period September 22 to October 26, 2025. During the festive cycle, the company disbursed approximately 63 lakh loans and acquired 23 lakh new customers, of which 52% were first-time borrowers—marking a significant milestone in its financial inclusion efforts. The surge in demand reflects the positive impact of the Government of India’s next-generation GST reforms and personal income tax enhancements, which have broadened consumer…

07 Nov

Zomato’s ‘District’ partners with Kotak Solitaire Card to launch exclusive luxury dining experiences

Business BureauBusiness

District by Zomato, the going-out platform, has unveiled a new luxury dining initiative in partnership with Kotak Mahindra Bank, offering premium, curated culinary experiences exclusively for Kotak Solitaire Credit Card customers. The programme kicked off with a Himalayan-inspired reinterpretation of Malaysian cuisine in Kasauli, led by acclaimed chefs Prateek Sadhu and Darren Teoh, followed by celebrated pop-ups like “NAAR x Dewakan” and “The Bhog Table by Chef Auroni & Bengaluru Oota Company,” which received an enthusiastic response. Kotak Solitaire customers will get first access to intimate chef’s tables, immersive mixology experiences, and rare gastronomic events, along with privileges such as…

07 Nov

Nobel Prize Dialogue India 2025 and Tata Trusts partner to bring together laureates and experts to inspire synergies between science, society, and youth

Business BureauBusiness

The Nobel Prize Dialogue India 2025, held on Monday at the Indian Institute of Science (IISc) Bengaluru in partnership with Tata Trusts, brought Nobel laureates, scientists, thinkers and students under one roof to deliberate on “The Future We Want.” The event focused on knowledge, inclusion, sustainability and youth empowerment, reinforcing India’s growing role as a global innovation hub. Tata Trusts CEO Siddharth Sharma stressed the importance of nurturing talent and innovation, stating, “India’s greatest wealth lies in its people… To achieve justice — social, economic and political — we must empower the youth and create ecosystems fuelling innovation.” Nobel laureate…

06 Nov

Pluro Fertility raises Rs 125 crore Series A led by Bessemer at Rs 1,000 crore valuation

Business BureauBusiness

Pluro Fertility and IVF, a tech-driven healthcare partnership platform, has raised ₹125 crore in its Series A funding round led by Bessemer Venture Partners at a valuation of ₹1,000 crore. The round also saw participation from prominent angel investors including Vikram Chatwal, Dharmil Sheth, Hardik Dedhia, Salil Musale, Shalibhadra Shah, Niket Shah, and Karan Kapur. Founded in 2025 by Dr. Jaydeep Tank, Dr. Parikshit Tank, and Dr. Bhaskar Shah, Pluro partners with independent IVF specialists across India, combining clinical autonomy with centralized operational support. The platform manages non-clinical functions such as technology, compliance, marketing, and practice management, allowing doctors to…