MANUFACTURING Muted FY26 For Zen Technologies, Strong Order Book Signals Rebound

Hyderabad-based Zen Technologies reported a sharp decline in earnings for the March quarter of FY26, reflecting a transitional year marked by delayed order conversions and a strategic shift in its business mix. The company posted a consolidated profit after tax (PAT) of ₹31.53 crore in Q4 FY26, down nearly 69% from ₹101.04 crore in the […]

CW Bureau · May 3, 2026

MANUFACTURING Dalmia Bharat To Scale Up Expansion Play, Targets 75 MT Capacity By FY28

Dalmia Bharat is actively working on new projects to reach its 75 million tonnes capacity milestone by FY28, reinforcing its ambition to emerge as a pan-India cement player. From a modest start in 1939 with just 250 tonnes per day capacity in Tamil Nadu, the company has scaled to nearly 50 million tonnes and now […]

CW Bureau · May 2, 2026

MANUFACTURING UltraTech’s Acquired Firms Turn The Corner, Brand Migration Completed

Aditya Birla promoted UltraTech Cement has completed 100% brand migration across its acquired businesses, India Cements and Kesoram Industries, by the end of March FY26, marking a key milestone in its post-acquisition integration strategy. UltraTech management told analysts that the transition reflects rapid progress from earlier phases, when in Q2 FY26, 31% of India Cements’ […]

CW Bureau · May 1, 2026

MANUFACTURING Invest India Anchors $6.1 Bn Across 60 Projects In 14 States During FY26

Invest India, the national investment promotion and facilitation arm under the Department for Promotion of Industry and Internal Trade, has facilitated setting up of 60 projects worth over $6.1 billion in FY26. These investments span 14 states and are expected to generate more than 31,000 jobs, underlining sustained global confidence in India as an investment […]

CW Bureau · Apr 30, 2026

MANUFACTURING Schaeffler India Q1 Revenue Jumps 18.8% To ₹2,507 Cr; Margins Steady

Schaeffler India Ltd, the motion technology company, reported revenue from operations of ₹2,507 crore for the March quarter of CY2026, marking an 18.8% year-on-year growth. On a sequential basis, revenue declined 5.1% compared to the preceding quarter. Net profit for the quarter stood at ₹319 crore, translating into a net profit margin of 12.8%. Profitability […]

CW Bureau · Apr 30, 2026

MANUFACTURING Shyam Metalics Unveils ₹2,700 Cr Expansion, Eyes Specialty Steel

Shyam Metalics and Energy Ltd has announced a ₹2,700 crore strategic expansion programme aimed at deepening its play in higher-margin, value-added steel segments. The investment, entirely funded through internal accruals, signals a disciplined yet ambitious growth strategy focused on premiumisation, downstream integration, and long-term earnings quality. The proposal will be placed before the Board for […]

CW Bureau · Apr 29, 2026

MANUFACTURING Dalmia Bharat Registers Mixed Q4 With Record Operating Performance

Dalmia Bharat Ltd reported a mixed set of numbers for the March quarter of FY26, with profitability under pressure even as revenue and operating performance showed resilience. Profit slips, revenue edges upThe company posted a consolidated profit after tax (PAT) of ₹394 crore in Q4 FY26, down 10.3% from ₹439 crore in the year-ago period. […]

CW Bureau · Apr 28, 2026

MANUFACTURING VRDE (DRDO) & Bharat Forge Unveil Vikram VT 21 Armoured Platform

Vehicle Research and Development Establishment (VRDE), a unit of Defence Research and Development Organisation (DRDO), in association with Bharat Forge Ltd and Tata Advanced Systems Ltd, has co-created the Vikram VT 21, an advanced armoured platform expected to be battle-ready in under three years. The Vikram VT 21 programme comprises two variants — Advanced Armoured […]

CW Bureau · Apr 27, 2026

MANUFACTURING Sigma Secures ₹3,800-Cr Order From Rolls-Royce For Aerospace Systems

Sigma Advanced Systems, an integrated aerospace and defence company, has signed a seven-year long-term agreement with Rolls-Royce, marking a decisive step forward in its global aerospace journey. Strategic tie-up strengthens global positioning The agreement deepens Sigma’s relationship with one of the world’s most respected aerospace OEMs, placing the company closer to the core of critical […]

CW Bureau · Apr 27, 2026

MANUFACTURING Bharat Dynamics Delivers Indigenous Heavy Weight Torpedo To NSTL

Bharat Dynamics Ltd, a premier Defence Public Sector Undertaking, has achieved a significant milestone in indigenous defence manufacturing with the delivery of a production-grade Wire Guided Heavy Weight Torpedo (WGHWT) to Naval Science and Technological Laboratory (NSTL) at its Visakhapatnam unit. The event was attended by Defence Research and Development Organisation (NS&M), Director General R […]

CW Bureau · Apr 25, 2026

MANUFACTURING TNPL Registers ₹240 Cr Net Profit In Q4FY26 Due To Tax Reversal Boost

State-owned Tamilnadu Newsprint and Papers Ltd (TNPL) reported a sharp rise in profit after tax (PAT) at ₹240.30 crore for the March quarter of FY26, compared to ₹22.12 crore in the same quarter last year, owing to one-time gain from reversal of deferred tax liability. Total revenue for the quarter stood at ₹1,291.77 crore, down […]

CW Bureau · Apr 24, 2026

MANUFACTURING JSW, JFE Unveil New Identity For 50:50 Joint Venture JSW JFE Steel

JSW Steel Ltd and JFE Steel Corporation have unveiled the new corporate identity of their 50:50 joint venture, JSW JFE Steel Ltd, encompassing integrated steel operations at Sambalpur, Odisha. The unveiling ceremony, held in the presence of Odisha Government, Chief Minister Mohan Charan Majhi, Union Education Minister Dharmendra Pradhan, JSW Group Chairman Sajjan Jindal, JSW […]

CW Bureau · Apr 24, 2026