Defence and aerospace firm Data Patterns’ shares fell more than 11% on Friday after Q4 revenue from operations declined 13% year-on-year to Rs 345 crore. Yet the earnings picture was stronger: net profit rose 21% to Rs 138 crore, with higher EBITDA and profit before tax. The company also highlighted an all-time high order book near Rs 2,062 crore, supported by a record pipeline across radars, electronic warfare and advanced defence electronics.
Thermax shares jumped about 8% to a new 52-week high after its strong Q4FY26 performance. Profit rose 19% year-on-year to Rs 244 crore, supported by resilient revenue growth and a sharp increase in order inflows. Investors also cheered dividend recommendations, including a special payout tied to the company’s 60th anniversary, while the order book signals better future visibility.
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Larsen and Toubro has recalibrated its Lakshya Plan 2031, allocating ₹43,000 crore for the next five years. The company says the move reflects a broader order book while acknowledging growing uncertainties, particularly tied to Middle Eastern markets. The target change signals a strategic pivot rather than a slowdown in capex ambition, as L&T adjusts for shifting demand conditions.
Larsen & Toubro is navigating near-term pressure while positioning for long-term growth through technology-led ventures. The firm expects improvement in the second half of the year and outlined a five-year plan with heavy investment in semiconductors and data centres. For execution and expansion, it is also leaning on international opportunities, notably the Middle East, to strengthen its order book.
Sona Comstar says it is looking for acquisitions to put its cash reserves to work, while an expanding order book—now increasingly EV-led—supports its growth outlook. The company is open to deals of ₹2,000 crore or beyond, focusing on technology and adjacent new product areas, preferring domestic targets but leaving international options on the table.
Ramkrishna Forgings will begin operations at its Chennai facility in June, launching a foray into forged wheel production. The company aims to build what could become Asia’s second-largest wheel manufacturing unit, backed by an order book of ₹9,635 crore. With FY27 in focus, the move signals a major expansion and growth push for the manufacturer.
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