OYO Posts Blockbuster Q1FY26: EBITDA Jumps 231%, Projects ₹2,492 Cr Profits for FY26
OYO has kicked off FY26 on a high note. The hospitality-tech giant reported an EBITDA of ₹550 Cr in Q1FY26, a 231% surge compared to ₹166 Cr in the same quarter last year. This marks one of OYO’s strongest quarterly performances, driven by aggressive storefront expansion and higher booking values.
NCDEX to Raise ₹770 Crore, Betting on Equity Derivatives and India’s First Weather Hedging Tools
The National Commodity & Derivatives Exchange (NCDEX), India’s leading agricultural commodity derivatives platform, is gearing up for its next phase of transformation. In its latest Board Meeting, NCDEX approved a ₹770 crore preferential fundraise and a major capital expansion, while doubling down on ambitious plans that stretch far beyond its traditional agri-stronghold.
PPFAS Delivers Stellar Q1FY26 Performance: Net Profit Jumps 47% to ₹97.5 Crore
PPFAS reports exceptional Q1FY26 results with 47% YoY PAT growth to ₹97.5 crore, driven by strong revenue momentum and operational efficiency in India's financial services sector.
Solar91 Signs 50MW/100MWh Battery Energy Storage Purchase Agreement with NVVN
Solar91 Cleantech Limited, one of India’s fast-growing renewable energy companies, has taken a significant leap forward by signing a 50MW/100MWh Battery Energy Storage Purchase Agreement (BESPA) with NVVN (NTPC Vidyut Vyapar Nigam Ltd.). This milestone agreement was announced on the auspicious occasion of Ganesh Chaturthi, symbolizing not just a festive celebration but also a decisive step in India’s renewable energy transition.
MSE’s ₹1000 Crore Infusion: A New Chapter in India’s Exchange Story
Metropolitan Stock Exchange of India (MSE) announced the successful completion of its second round of fundraising, securing ₹1000 crores. The round was completed at ₹2 per share, reflecting investor faith in the Exchange’s long-term strategy and growth potential.
OYO IPO 2025: Filing in November at $7–8 Billion Valuation
India’s primary market is gearing up for one of the most awaited listings of the year as OYO Hotels & Homes, founded by Ritesh Agarwal, plans to file its Draft Red Herring Prospectus (DRHP) in November 2025. The startup is eyeing a valuation of $7–8 billion, with reports also highlighting shares priced at ₹70 apiece and valuations in the range of 25–30x EBITDA.
GH2 Solar Raises ₹59 Crore Backed by Dr. Faruk Patel, Aarth AIF, GrowMo360, and Leading Investors
India’s energy landscape is undergoing a seismic shift. With the National Green Hydrogen Mission, multi-billion-rupee state incentives, and growing global demand from Europe and Asia, green hydrogen is emerging as the only scalable pathway to decarbonize hard-to-abate sectors such as steel, fertilizers, refining, and shipping. The momentum is unmistakable: hydrogen is rapidly becoming the next big industrial revolution in India’s clean energy story.
Zepto’s IPO Path: Beyond Groceries, Towards Investor Confidence
India’s quick commerce revolution is no longer just about speed. ZEPTO, one of the fastest-growing startups in the sector, has reported ₹11,110 crore in FY25 revenues, marking its biggest increase to date. Losses have narrowed, thanks to better order economics and higher average order values. This suggests that profitability, which has been a concern in this industry, may be within reach.
Metal Meets Composite: India’s Aerospace Industry Steps Up
PTC Industries and Kineco Aerospace & Defence have signed a strategic Memorandum of Understanding to design and manufacture next-generation aerospace components and structures. The agreement brings together high-integrity metals with advanced composite materials, with the aim of serving both Indian and global aerospace programs.