Larsen & Toubro’s Minerals & Metals division has won its biggest domestic metals order from JSW Steel, valued between Rs 10,000 crore and Rs 15,000 crore. The deal covers engineering, procurement and installation of key process facilities to help JSW expand capacity to over 50 MTPA by 2031, largely across Karnataka and Odisha sites.
Maruti Suzuki’s March-quarter net profit fell as mark-to-market losses, rising input costs, and production constraints weighed on results. The auto major is now expanding capacity and expects margin improvement by FY30, supported by new SUV launches and accelerating EV momentum. Even with short-term pressure, FY26 delivered record volumes and strong sales.
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UltraTech Cement posted a strong March quarter, with profits rising 20%. Yet its shares dipped around 1%, raising investor questions. Still, multiple brokerages—including Goldman Sachs, Citi, Nomura and others—kept Buy ratings, pointing to improving operations, capacity expansion and sustained financial strength that could drive future growth.
Varun Beverages is betting big on scale, expanding manufacturing and distribution while accelerating volume growth across India and international markets. With a stronger presence in Africa, including acquisitions in South Africa, the company is widening its footprint and strengthening routes to customers. Management expects continued gains backed by favorable market conditions and a diversified portfolio.
Classic Legends says it is preparing a large jump in production capacity because its current plant is nearing its limit. After earlier challenges, sales have recovered sharply, leaving the company sold out with more bookings than it can fulfill today. It is now evaluating a greenfield factory and expects output to rise significantly in the coming years.
UltraTech Cement has crossed 200 million tonnes of production capacity in India, reinforcing its dominance in the local market. The milestone also cements its position as the world’s largest cement producer outside China. With expansion underway, the company is targeting 240 million tonnes by FY28, signaling aggressive growth despite a competitive sector.
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Adani Green Energy reported strong March quarter performance, with consolidated PAT rising 34.3% year-on-year to Rs 514 crore. Revenue from operations increased 16% as the company added 5.1 GW of new capacity. Operational capacity also expanded to 19.3 GW, signaling rapid scale-up as profitability accelerates alongside growth.
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