Bengaluru, August 12, 2025 – YES BANK, India’s sixth-largest private sector bank, has reinforced its digital leadership in Q1 FY26, commanding 55.3% market share as a payee PSP in UPI and 33.3% share as a payer PSP. The Bank also tops the Aadhaar-enabled Payment System (AePS) with nearly 30% of transactions and a partner network of over 7.9 lakh outlets nationwide, alongside a 24% share in NEFT transactions.

With a digital-first approach, YES BANK integrates 1,500+ APIs for real-time operations and delivers 92% of individual savings accounts, 93% of current accounts, and 98% of credit cards digitally via its flagship IRIS and IRIS BIZ super apps.

Actively contributing to India’s Digital Public Infrastructure, YES BANK plays a key role in CBDC, OCEN, ONDC, and embedded finance, alongside customer initiatives like ‘Deliver the Bank’.

Mr. Ajay Rajan, Country Head – Transaction Banking Government, MNC & New Economy Business, IBU & Knowledge Units, YES BANK, said, “Financial inclusion for all and building resilience in Indian banking has been part of our larger vision. The scale our digital platforms have achieved are proof of this shift.  We are proud to participate and lead the digital transformation of Indian banking by combining innovation with digital infrastructure and tech tools, which enables financial access across the country.”

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The company’s total revenue jumped by 538% to Rs 8.3 crore in Q1 FY2026 as compared to Rs 1.3 crore in the same period last year.

The net profit of the company rose to Rs 1.1 crore in Q1 FY26 from a loss of Rs 25 lakhs in Q1 FY25.

The company had recorded Rs 1.8 crore in net profit for the full financial year FY 2025.

The company’s revenue more than doubled between FY23-25 to Rs 26.4 crore for the full financial year FY 2025.

Ankur Jalan, CFO, Grovy India Limited said, “The company foresees a strong demand for its luxury projects in the coming quarters. Grovy has also partnered with a real estate Alternative Investment Fund (AIF) the Golden Growth Fund (GGF) to focus on the South Delhi market. The company has a strong pipeline of projects.”

“South Delhi is an end-user market that has tremendous demand owing to limited supply. Having already carved a niche in South Delhi with products that cater to the uber-luxurious and niche homebuyers, we are confident that with the strong pipeline of projects, we will present unparalleled opportunities for homebuyers.”

Grovy India Ltd is a Real Estate Development and Consultancy Company established the year 1985. Grovy has completed more than 100 projects.

The company works under the outright model where it buys the property and constructs the building to sell. It also operates under collaboration model where it purchases a portion of the land in exchange for constructing the property. It also works under the turnkey model where the property owner appoints the company to design and build as per the client’s needs.

The total assets of the company have increased by an impressive 59.76% to Rs 49 crore in FY25 indicating significant growth and expansion.

The company is undertaking the development of over 1 lakh sq. ft premium luxury boutique apartments in the South Delhi.

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·         Booking value of INR 7,082 crores in Q1FY26, 8^th consecutive quarter of more than INR 5,000 crores

·         Added 5 projects with an estimated booking value potential of ~INR 11,400 crore 

Bengaluru, August 01, 2025: Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the first quarter ended June 30, 2025.

CORPORATE HIGHLIGHTS:

·         Sales Highlights

o   Booking value in Q1FY26 was INR 7,082 crores from the sale of 4,231 homes with a total area of 6.17 million sq. ft., a decline of 18% YoY but a 2-year growth CAGR of 77%

o   This is the 8th consecutive quarter in which GPL has exceeded INR 5,000 crore of booking value

o   Booking value in Q1 FY26 was driven by strong demand in several new project launches including Godrej MSR City in Bengaluru, which achieved a booking value of INR 2,426 crore, Godrej Majesty in Greater Noida, which achieved a booking value of INR 925 crore, and Godrej Tiara in Bengaluru, which achieved a booking value of INR 470 crore.

o   Bengaluru contributed more than INR 3,000 crores, followed by MMR & NCR, both of which contributed more than INR 1,600 crores.

o   6 new project and phase launches during the quarter across 4 cities with a total sales potential of INR 8,500 crores

·         Strong start to the year for business development

o   GPL has added 5 new projects in Q1FY26 with a total estimated saleable area of approximately 9.24 million sq. ft. and total estimated booking value potential of ~INR 11,400 crore.

o   GPL has achieved 57% of its FY26 annual guidance for business development in the first quarter. 

·         Other Highlights

o   Collections in Q1FY26 stood at INR 3,670 Crore, a YoY growth of 22%

o   GPL has received approval and validation from the Science Based Targets initiative (SBTi) on the near-term goals. GPL has also received approval on its commitment to long term Net Zero goals by SBTi

o   GPL received 10 awards in Q1FY26.

o   Gaurav Pandey, MD & CEO, has been recognized as CEO of the year by Construction Times BAM Awards

Commenting on the performance of Q1 FY2026, Mr. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said:

“Godrej Properties delivered another solid quarter for bookings, cashflows, and earnings. The residential real estate sector in India has been strong over the past four years and we believe the sector will continue to provide opportunity over the next few years. Our business development additions since FY23 with a future booking value of over Rs 90,000 crore, provide us significant opportunity to scale our bookings and in turn our earnings. With a robust launch pipeline, strong balance sheet, and resilient demand, we are on-track to achieve our guidance across all operating parameters.”  

Financial Overview (Consolidated)

Q1 FY26 performance overview compared with Q1 FY25

·         Total Income declined by 3% to INR 1,593 crore as compared to INR 1,638 crore

·         EBITDA grew by 18% to INR 915 crore as compared to INR 774 crore

·         Net Profit grew by 15% to INR 600 crore as compared to INR 520 crore

·         EPS^# amounted to INR 19.92 as compared to INR 18.70

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·         Renewables business PAT grows to ₹ 531 crore (up 95 % YoY);

·         Commissioned 94 MW RE capacity in Q1 FY26; Total operational renewable capacity at 5.6 GW.

·         Maintains No. 1 position in the Rooftop Solar segment: total installations above 2 lakh and cumulative capacity above 3.4 GWp

·         The Solar Rooftop segment has seen a stellar growth with revenues more than doubling to ₹ 823 crore in Q1FY26 (YoY)

·         Record rooftop solar installation of 45,500+ in Q1 FY26; Achieves ₹ 90 crore PAT (up 260% YoY) during Q1 FY26. Commissions 270 MWp of solar projects in Q1FY26 up 143% (YoY) compared to 111 MW in the last year

·         Manufacturing emerges as a major growth contributor – TP Solar reports ₹ 100 crore PAT in Q1 FY26; Achieves Revenue of ₹ 1,613 crore; Manufactured 949 MW of solar module and 904 MW of solar cell in Q1 FY26

·         T&D business PAT (without one-off in previous year) grows to ₹ 440 crore, up 26 % YoY in Q1 FY26

·         Odisha Discoms PAT grows to ₹ 105 crore (up 156 % YoY) in Q1 FY26; The Company has also applied for expansion of distribution license in key growth areas of Maharashtra

·         Commences cross-border power sale through Power Exchange for 18 MW Suchhu Hydro Electric Project in Bhutan 

Bengaluru, August 1^st, 2025: Tata Power, India’s largest vertically integrated power company, today reported Profit After Tax (PAT) of ₹ 1,262 crore (up 6 % YoY) in the first quarter ended June 30, 2025. The Company’s revenue rose to ₹ 17,464 crore (up 4 % YoY); while EBITDA grew to ₹ 3,930 crore (up 17 % YoY) in Q1 FY26.

Consolidated financial performance (in ₹ crore)

Dr. Praveer Sinha, CEO and Managing Director, Tata Power, said, “We have commenced FY26 on a high note, with strong performance across all our business verticals. Our renewable energy portfolio continues to exceed expectations, as we drive innovation, scale, and efficiency across the clean energy value chain. 

Our Generation and T&D businesses are delivering impressive gains. Our Discoms are providing reliable electricity to ~13 million customers. Through its all-round performance, our Odisha Discoms have emerged as the national model of Discom reforms. In-line with our target to reach 40 million customers by 2030, we have applied for license to expand our distribution footprints in key growth areas of Maharashtra. 

We are proud to contribute towards India’s energy transition with a generation portfolio exceeding 26 GW (including projects under development), over 65% of which comes from clean, green sources.”

Business Highlights – Q1 FY26

Renewables:

·         Commissioned 652 MW of projects in Q1 including 94 MW of its own portfolio and 560 MW of 3^rd party EPC

–       Total utility-scale operational capacity stands at 5.6 GW (4.6 GW solar and 1 GW wind); Plans to add 1.6 GW during next 3 quarters of FY26.

–       The Company achieved a record rooftop solar installation of 270 MWp in Q1 FY26; Total installations above 2 lakh and cumulative capacity above 3.4 GWp

–       The Company sold 107 MW of modules and 54 MW of cells to 3^rd parties in Q1 FY26; Order value of ₹1,303 crore

–       Collaborated with Tata Motors to set up a 131 MW wind-solar hybrid project for its manufacturing units across Maharashtra and Gujarat; Project to generate ~300 MUs annually and offset over 2 lakh tons of CO₂ emissions

–       Secured Letter of Award (LOA) for 88 MW Round-the-Clock (RTC) renewable project from SJVN under FDRE-3; Project to deliver ~580 MUs of clean energy annually and offsett ~4.9 lakh tons of CO₂ emissions.

–       Signed 200 MW Firm and Dispatchable Renewable Energy (FDRE) PPA with NTPC; Project to supply 1,300 MUs annually and offsett ~1 million tons of CO₂ emissions.

–       Signed Group Captive Power Delivery Agreement (PDA) with Fiat India Automobiles for a 12.62 MWp renewable energy project in Akola, Maharashtra; Project to generate ~20.63 million units annually

–       Signed PDA for 6 MW with Tata Realty and Infrastructure Ltd. (TRIL) for its ongoing operations and upcoming infrastructure developments

–       ‘Ghar Ghar Solar’ campaign for rooftop solar was launched in Bhubaneswar and Jaipur. Campaign now active in six states across India

–       Innovations in rooftop solar space – First in India, introduced two new lifestyle solutions for customers: MySine – a compact, intelligent solar + battery backup system for uninterrupted power and Solaroof Design Spaces – a curated range of aesthetic rooftop installations for residential and commercial premises.

Transmission & Distribution

–       Tata Power Mumbai Transmission received Maharashtra Electricity Regulatory Commission (MERC) approval for ₹1,800 crore DPR schemes; commissioned 22kV GIS at Vikhroli and 125 MVAR reactor at Trombay

–       On transmission, we are currently focusing on six projects, which aggregate to more than 2,400 Ckm, helping us reach over 7000 operational Ckm by 2027.

–       The Company has applied for expansion of electricity distribution license in Maharashtra; Targets key growth areas including parts of Thane, Navi Mumbai, Panvel, Pune, Nashik and Chhatrapati Sambhaji Nagar

–       Achieves milestone of installing ~30 lakh smart meters across India in Q1FY26

–       Tata Power-DDL, in collaboration with Nissin Electric Co. Ltd, commissions India’s first-ever Micro Substation with Power Voltage Transformer (PVT) at RG22 Grid, Delhi

–       Tata Power Trading Company Ltd (TPTCL) commences Cooling as a service (CaaS) business with pipeline of 2 lakh+ tons of refrigeration and 25 new projects acquired worth ₹ 5.6 crore for HVAC optimization.

Others

–       Work commenced at the 1,000 MW pumped hydro storage plant in Bhivpuri, Maharashtra

–       Tata Power Community Development Trust (TPCDT) partners with Anupam Kher Studio to support autism awareness film ‘Tanvi The Great’. Film resonates with Tata Power’s efforts through its Pay Autention initiative, which focuses on creating awareness, building inclusive ecosystems, and enabling opportunities for neurodiverse individuals across India.

–       Tata Power continued India’s largest energy literacy movement through the EcoCrew programme which aims to sensitise 3 lakh students about the benefits of clean energy, across 1,000 schools in 24 cities of Uttar Pradesh and Uttarakhand

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