Natco Pharma Ltd. has received approval from the U.S. Food and Drug Administration for a cancer treatment, marking a significant regulatory milestone for the Indian drugmaker. The clearance allows the company to market the product in the United States, one of the world’s most competitive pharmaceutical markets. Analysts said the approval enhances Natco’s oncology portfolio and could support revenue growth through regulated-market sales.

Zydus Wellness Ltd. reported a net loss of Rs. 39.9 crore for the third quarter, reflecting margin pressures and elevated operating costs amid a challenging consumption environment. The results mark a reversal from profitability in the year-ago period, underscoring the impact of input cost inflation, advertising spend and muted demand in select categories. Despite revenue stability in core brands, profitability was affected by higher expenses linked to brand investments and supply-chain adjustments.

Aditya Birla Fashion and Retail Ltd.’s brands business reported a healthy financial performance in the third quarter, with net profit rising 14.4% year on year alongside an increase in revenue. The results reflect resilient consumer demand across key apparel and lifestyle segments, supported by disciplined cost management and improved operational efficiency. Despite a challenging retail environment marked by uneven discretionary spending, the company managed to protect margins and expand its top line.

Digital payments platform Mobikwik reported a net profit of Rs. 4 crore in the third quarter of FY25, marking a significant shift from earlier losses and underscoring its improving financial discipline. The turnaround was driven by tighter cost controls, better monetization of core services and steady growth in its payments and financial products ecosystem. Analysts view the result as a milestone for the company, reflecting broader maturation across India’s fintech sector.

Dhoot Transmission is preparing to tap capital markets with an initial public offering targeting up to USD 250 million, signaling growing confidence in India’s auto components sector. The proposed IPO is expected to support capacity expansion, technology upgrades and balance-sheet strengthening as the company positions itself for long-term growth. Industry observers say the timing reflects improving sentiment around manufacturing-linked businesses, particularly those aligned with global electric mobility trends.

Transrail Engineering delivered a solid financial performance in the third quarter, posting an 18% increase in net profit to Rs. 110 crore. The growth was driven by steady project execution, improved operational efficiency and favorable cost management across its core infrastructure businesses. Revenue momentum remained healthy, supported by a robust order book and timely completion of key contracts. Analysts said the results highlight the company’s ability to convert backlog into earnings despite a challenging macro environment.

The Adani Group has entered into a strategic partnership with Italy-based aerospace major Leonardo to establish helicopter manufacturing operations in India, marking a significant step in the country’s defense and aviation ambitions. The collaboration aims to localize production, strengthen indigenous capabilities and reduce dependence on imports. Industry experts view the move as aligned with India’s broader push for self-reliance in defense manufacturing and its goal of becoming a regional aerospace hub.

Bajaj Auto Ltd. reported a robust 25% year-on-year increase in vehicle sales for January, highlighting resilient demand across domestic and export markets. The growth was driven by strong momentum in motorcycles and three-wheelers, supported by improved supply conditions and steady consumer sentiment. Exports continued to play a pivotal role, cushioning the company against pockets of softness in the local market. Analysts said the performance underscores Bajaj Auto’s diversified geographic footprint and disciplined cost structure.

Global private equity major Advent International has committed Rs. 2,750 crore to Aditya Birla Housing Finance Ltd., underscoring growing investor confidence in India’s expanding housing finance market. The capital infusion is aimed at strengthening the lender’s balance sheet, accelerating loan growth and enhancing digital and distribution capabilities. The deal reflects a broader trend of global funds increasing exposure to India’s financial services sector, driven by favorable demographics, urbanization and policy support for home ownership.

Indian equity markets surged sharply after India and the United States reached a landmark trade understanding, easing long-standing uncertainties around tariffs, market access and strategic cooperation. The benchmark Sensex climbed decisively, led by gains in banking, information technology and export-oriented stocks, as investors priced in improved trade flows and stronger earnings visibility.