Impact Events
Viceroy Hotels H1 FY27 PAT Soars 2.7x, EBITDA Up 81%
Viceroy Hotels Limited reported a robust H1 FY27 performance with Profit After Tax (PAT) soaring 2.7 times to ₹3.68 Cr from ₹1.36 Cr in H1 FY26. EBITDA surged 81% to ₹24.68 Cr, and Total Income grew 61% to ₹93.99 Cr. The company successfully completed a ₹105.83 Cr rights issue, strengthening its balance sheet with net worth rising to ₹375.90 Cr and improving the debt-to-equity ratio to 0.70x. Expansion in banquet facilities at Marriott Hyderabad is expected to contribute to revenue from Q4 FY27.
Adani Energy Solutions Completes Intellismart Acquisition
Adani Energy Solutions Limited (AESL) has successfully completed the acquisition of 100% equity shares of Intellismart Infrastructure Private Limited. This follows the receipt of antitrust approval from the Competition Commission of India. The acquisition was made from National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). Additionally, the optionally convertible debentures held by NIIF in Intellismart have been redeemed. This move signifies a strategic expansion for Adani Energy Solutions in the infrastructure sector.
Oswal Pumps Q2 FY27 Income Up 6.2% QoQ to ₹5,118 Million
Oswal Pumps Limited announced its Q2 FY27 unaudited financial results. Total Income stood at ₹5,118 million, a 6.2% increase quarter-on-quarter, while Revenue from Operations grew by 6.9% QoQ to ₹5,063 million. EBITDA was ₹628 million (12.3% margin), and PAT was ₹396 million (7.7% margin). The decline in EBITDA and PAT margins compared to the previous quarter was attributed to higher raw material costs (aluminium, glass, copper, zinc, steel) and increased operating expenses, including employee costs and debtors provisions. The company has a pump order book of 9,487 units and a pipeline of 10,000 pumps. Oswal Pumps is also diversifying into Rooftop Solar, Utility-Scale Solar, and C&I Solar EPC segments with a combined order book of 143 MW. Additionally, a wholly owned subsidiary plans to establish a 1.2 GW TOPCon solar cell manufacturing facility at an estimated cost of ₹4,558.5 million, funded by debt and reallocated IPO proceeds.
SPML Infra Q2 FY27: Revenue Up 20%, PAT Up 46%, Cash Flow Positive
SPML Infra Limited announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a significant turnaround with operating cash flow turning positive, generating ₹82.4 crore in H1 FY27 compared to an outflow of ₹44.1 crore in H1 FY26. Revenue for Q2 FY27 increased by 20% year-on-year to ₹238.7 crore, with Profit After Tax (PAT) rising by 46% to ₹22.2 crore. For the half-year, revenue grew 45% YoY to ₹524.4 crore, and PAT increased by 64% YoY to ₹44.9 crore. The company also secured a new ₹186.41 crore order from Power Grid Corporation of India Limited. SPML Infra maintained its guidance of a minimum 25% growth for FY27, driven by its Water and Power infrastructure segments and the emerging Battery Energy Storage Systems division.
GIC Housing Finance H1 FY27 Profit After Tax Rises 18% to ₹67 Cr
GIC Housing Finance Ltd has reported its financial highlights for the half-year ended September 30, 2026. Profit After Tax (PAT) increased by 18% to ₹67 Crore from ₹57 Crore in the corresponding period last year. Total Income grew marginally by 1% to ₹545 Crore, while Total Expenses decreased by 8% to ₹456 Crore. The company saw a significant 117% increase in Profit Before Tax, reaching ₹89 Crore. Loan Portfolio Gross increased by 4% to ₹11,261 Crore, and Networth grew by 8% to ₹2150 Crore. Gross NPA portfolio saw a 5% increase to ₹514 Crore, with Gross NPA % rising slightly to 4.57%. Earnings Per Share (EPS) improved by 17% to ₹12.49. The Cost to Income Ratio improved significantly by 31% to 54.32%. The company also maintained strong credit ratings from ICRA and CRISIL across its various debt instruments.
Complete Sports and Management India Ltd Board Meeting Held
The Board of Directors of Complete Sports and Management India Ltd convened on November 12, 2026. The meeting, which lasted from 3:30 p.m. to 11:45 p.m., considered and approved the un-audited standalone and consolidated financial results for the half-year ended September 30, 2026. Additionally, the Board approved the appointment of M/s. Ronak Jhuthawat & Co. as the Secretarial Auditors for the financial year 2026-27, subject to shareholder approval.
Gaudium IVF Rectifies Typo in Financial Results
Gaudium IVF and Women Health Ltd has rectified an inadvertent typographical error in its unaudited consolidated financial results for the quarter and half-year ended September 30, 2026. The error was in the reporting of 'Paid-up Equity Share Capital (Face Value of ₹5/- each)', which was incorrectly stated as ₹3,519.34 Lakhs instead of the correct figure of ₹3,639.34 Lakhs. The company clarified that this correction is limited to the share capital figure and does not affect Earnings Per Share (EPS), profit, or any other reported financial data. The revised financial results and the outcome of the board meeting held on November 12, 2026, have been resubmitted and will be available on the company's website.
Complete Sports and Management India Ltd Board Approves Unaudited Financial Results
Complete Sports and Management India Ltd announced that its Board of Directors, in a meeting held on November 12, 2026, approved the unaudited standalone and consolidated financial results for the half-year ended September 30, 2026. The board also approved the appointment of M/s. Ronak Jhuthawat & Co. as the Secretarial Auditors for the financial year 2026-27, subject to shareholder approval.
Davangere Sugar Declares Unaudited Q2 FY27 Results
Davangere Sugar Company Ltd announced the outcome of its Board Meeting held on November 12, 2026. The Board considered and approved the unaudited financial results for the quarter and half year ended September 30, 2026. The results, both standalone and consolidated, along with the Statement of Assets and Liabilities and Cash Flow Statement, were approved. The Statutory Auditors have provided their Limited Review Reports on these unaudited financial results for the said period. The meeting commenced at 07:30 P.M. (IST) and concluded at 08:30 P.M. (IST). The information is also available on the company's website.
Complete Sports Appoints Secretarial Auditor for FY27
Complete Sports and Management India Ltd announced the appointment of M/s. Ronak Jhuthawat & Co. as their Secretarial Auditors for the financial year 2026-27. This appointment is subject to shareholder approval at the upcoming general meeting. The decision was made during the Board Meeting held on November 12, 2026. The firm, a Peer Reviewed Practicing Company Secretaries firm, has over 12 years of experience in corporate secretarial and compliance management services. The board also considered and approved the un-audited standalone and consolidated financial results for the half-year ended September 30, 2026, along with the limited review reports.
Davangere Sugar Declares Unaudited Q2 FY27 Results
Davangere Sugar Company Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved the standalone and consolidated financial results, along with the Statement of Assets and Liabilities and Cash Flow Statement. The company also received Limited Review Reports from its statutory auditors, M/s. DGMS & Co., on these unaudited results. The subsidiary, Aurevant Global Ltd (UK), contributed net assets of ₹76,783.51 Lakhs and a net profit of ₹0.47 Lakhs for the period.
Fino Payments Bank: RBI Approves Pratap Singh as MD & CEO
Fino Payments Bank Limited has received approval from the Reserve Bank of India (RBI) for the appointment of Mr. Pratap Singh as its Managing Director & Chief Executive Officer (MD & CEO). The approval is for a period of three years, effective from November 27, 2026, or the date he takes charge. The appointment is subject to shareholder approval. Mr. Singh brings over 29 years of banking experience, with a background in retail banking, SME banking, digital transformation, and business model redesign, having previously worked with institutions like ICICI Bank and SBI UK. He is not related to any existing directors or key managerial personnel of the bank.
Fusion CX Subsidiary to Acquire German BPO Firms
Fusion CX's wholly owned UK subsidiary, Fusion BPO Services Ltd., has entered into a Share Purchase Agreement to acquire 100% of three German companies: impacx solutions GmbH, tel-inform solutions GmbH, and impacx services GmbH. The target companies operate in the business process outsourcing (BPO) and customer-contact services sector, with a combined turnover of approximately €11.81 million for FY 2025. This acquisition aims to expand Fusion CX's service and client base in Germany and Europe. The transaction is not a related party transaction and is expected to be completed by November 30, 2026, subject to certain conditions precedent. Upon completion, the target companies will become wholly owned step-down subsidiaries of Fusion CX.
TVS Motor Expands Brazil Operations, Boosts Capacity
TVS Motor Company is significantly expanding its operations in Brazil, reinforcing its long-term commitment to the market. The company plans to increase its annual production capacity from 110,000 units to 130,000 units by 2027. This expansion includes opening its first Flagship Store in São Paulo and, in partnership with Mottu, plans to renovate existing locations and open new exclusive dealerships, focusing initially on the Southeast and Central-West regions. Three new stores are planned for 2027. The partnership with Mottu provides access to over 500 points of sale and 168 service locations across Brazil, ensuring specialized technical teams and local spare-parts availability.
GPL Acquires 31-Acre Land Parcel in Indore for Plotted Development
Godrej Properties Ltd. (GPL) has acquired a ~31-acre land parcel on Indore-Ujjain Road in Indore, planned for a plotted residential development with an estimated saleable area of ~0.7 million square feet. This acquisition marks GPL's third project in Indore and aims to capitalize on the growing demand for spacious, customizable homes in the region. The company already has two successful plotted developments in the city. The Indore-Ujjain Road corridor is experiencing rapid growth due to its connectivity, infrastructure development, and expanding corporate and IT sectors, further boosting the residential market, particularly for plotted housing.