Key Highlights:

Profitability & Revenue Growth: On a standalone basis, POWERGRID reported a PAT of ?3,653 crore with total income of ?11,257 crore, representing YoY growth of 7% and 4%, respectively. Consolidated PAT stood at ?3,631 crore, underscoring the company’s resilient performance.

Capital Investment & Asset Expansion: During Q1FY26, POWERGRID incurred a capital expenditure of ?6,981 crore and capitalized assets worth ?1,683 crore (excluding FERV). The company’s Gross Fixed Assets reached ?2,92,446 crore as of June 30, 2025, indicating ongoing investment in infrastructure.

Transmission Infrastructure & Capacity: The total transmission assets include 1,80,533 km of transmission lines, 284 substations strategically located across India, and a transformation capacity of 5,66,831 MVA, supporting reliable power transmission nationwide.

Operational Excellence: Leveraging advanced maintenance, automation, and digitization techniques, POWERGRID maintained an impressive average transmission system availability of 99.84% during Q1FY26, ensuring seamless electricity flow and supporting economic growth.

Dividend & Future Outlook: While specific dividend declarations were not mentioned, POWERGRID’s strong financial health and consistent performance position it favorably for future dividends and sustained infrastructure expansion.

The post POWERGRID Reports Robust Q1FY26 Profit of Rs.3,631 Cr.; Continues Strong Growth and Investment Momentum appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Q1 FY26 Financial Overview

Standalone Q1FY26

• Total Revenue witnessed a growth of 01% in Q1 FY26 of Rs 12,513.59 lacs from Rs 9,775.48 lacs in Q1 FY25.
• EBITDA increased by 63.65% standing at Rs 1,423.17 lacs in Q1 FY26 from Rs 869.66 lacs in Q1 FY25.
• Gross Profit rose by 36.96%, standing at Rs 2,657.36 lacs in Q1 FY26, up from Rs 1,940.26 lacs in Q1 FY25.
• PBT registered a growth of 59.25%, amounting to Rs 1,003.98 lacs in Q1 FY26, as against Rs 630.44 lacs in Q1 FY25.
• PAT experienced a substantial rise of 59.18%, standing at Rs 755.06 lacs in Q1 FY26, compared to Rs 474.34 lacs in Q1 FY25.

Consolidated Q1FY26

• Total Revenue witnessed a growth of 99% in Q1 FY26 of Rs 13,716.54 lacs from Rs 11,243.92 lacs in Q1 FY25
• EBITDA increased by 26.87% standing at Rs 1,083.18 lacs in Q1 FY26 from Rs 853.74 lacs in Q1 FY25
• Gross Profit rose by 27.57%, standing at Rs 2,600.34 lacs in Q1 FY26 from Rs 2,038.34 lacs in Q1 FY25.
• PBT registered a growth of 6.92%, amounting to Rs 657.01 lacs in Q1 FY26, compared to Rs 614.48 lacs in Q1 FY25.
• PAT experienced a rise of 1.36%, standing at Rs 455.05 lacs in Q1 FY26, compared to Rs 448.94 lacs in Q1 FY25.

Commenting on the results, Raman Bhatia, Managing Director, Servotech Renewable Power System said, “We’re pleased with our strong performance in this quarter, which is a clear reflection of the consistent hard work, dedication, and focus that Servotech has put in. We have had great opportunities to step into new territories and expand our reach across India and beyond in both Solar and EV sector. However, we view this growth as a stepping stone, there’s still immense potential to unlock and we remain committed to pushing boundaries, delivering superior products, and building on this momentum in the quarters ahead. With innovation and customer satisfaction at the core of our vision, we’re confident of achieving even greater milestones on our journey toward global leadership in the green tech space.”

The post Servotech Renewable Power System Ltd. Announces Strong Q1 FY26 Results, Reports Standalone Revenue Up 28%, PAT Jumps 59%, and EBITDA Soars 63% appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bank’s Global Advances grew by 12.02% with Domestic Advances grew by 11.24% YoY. Retail Advances grew by 20% YoY, MSME Advances grew by 17% YoY followed by Agriculture Advances which grew by 12% YoY.  Deposits grew by 9.07% YoY with Domestic Deposits grew by 9.62% YoY. CASA Deposit grew by 2.50% YoY and CASA ratio stands at 39.88% as on 30^th June, 2025.

On Asset quality front, Net NPA ratio stand at 0.75% improved by 24 bps YoY an PCR improved by 83 bps YoY and stands at 92.94%. Slippage Ratio for FY26 improved by 2 bps YoY and stands at 0.33%. Credit Cost for FY26 improved by 17 bps YoY to 0.68%. Capital Adequacy Ratio (CAR) as at the end of Q1FY26 stands at 17.39%.

As of date, 1 Crore plus customers on-boarded so far through Mobile Banking App “BOI Mobile Omni Neo Bank”. On the digital front, the share of Digital transactions in total transactions increased from ~94.2% in Q1FY25 to ~95.4% in Q1FY26.

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·         Retail GWP grew 18% YoY, with fresh retail premiums growth 25% (N basis)

·         Claims NPS rose to 57 in Q1FY26, up from 46 in Q1FY25, reflecting improved claims experience

Bengaluru, 30 July 2025: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s largest health insurance company, today announced the financial results for Q1FY26, delivering steady growth and improved profitability while reinforcing its leadership position in the retail health insurance sector.

For the quarter ended June 30, 2025, Star Health Insurance recorded a Gross Written Premium (GWP) of INR 3,936 crores, representing 13% year-on-year growth (on 1/N basis). The Company’s Profit After Tax (PAT) stood at INR 438 crore as per IFRS, marking a 44% increase over the same period last year. The overall combined ratio on an IFRS basis was 99.6% for Q1FY26. This performance comes on the back of strong fresh retail premium growth and prudent underwriting practices. Claims NPS improved to 57, up from 45.8 last year.

Mr. Anand Roy, MD and CEO of Star Health and Allied Insurance stated, “We have started FY26 on a steady note, with encouraging growth across our core segments and visible gains from the structural changes we initiated over the past two years. During the quarter we stayed prudent in our risk selection, made critical pricing and underwriting changes and improved our claims service experience. The agency channel continues to be the backbone of our business, supported by digital, banca and SME Group business. Our digital business has scaled well and is shaping up as a profitable growth engine. Our investments in technology, automation and fraud analytics continue to drive better outcomes for us. As we look ahead, our focus remains on sustainable growth and long-term value creation for all stakeholders.”

Retail Health continues to anchor the Company’s performance, contributing INR 3,667 crore (N basis) to GWP in Q1FY26. Retail GWP grew 18% YoY, with fresh retail premiums rising 25%. The customer app of Star Health saw 11 million downloads with many innovations like real time claims tracking, document submission etc introduced during the quarter.  New product launches like Super Star and Star Flexi are gaining traction and collected more than INR 1000 crore premium in the last 12 months.

Star Health continues to execute on its focus areas on quality growth, customer centricity and play a leading role in championing India’s health insurance penetration.

The post Star Health Insurance Reports Strong Performance Q1FY26 PAT Grows 44% to INR 438 Cr (IFRS), Premium Grows 13% appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.