Jammu & Kashmir Bank delivered a stable financial performance in the third quarter, posting an 11 percent year-on-year increase in net profit to Rs. 589 crore. The improvement was driven by healthier interest income, controlled operating costs and stable asset quality. Despite a challenging interest rate environment, the bank benefited from better balance sheet management and sustained credit demand. The results reflect cautious optimism in the regional banking sector, highlighting J&K Bank’s focus on profitability, risk management and incremental growth.

SRF Ltd. reported a sharp improvement in profitability for the third quarter, with consolidated profit after tax rising 59.6 percent year-on-year to Rs. 432.66 crore. The strong performance was driven by improved margins, operational efficiencies and steady demand across key business segments. Despite a challenging global environment, the company benefited from better cost management and stabilization in raw material prices.

India’s manufacturing sector showed robust momentum in the third quarter as the Ficci Manufacturing Index climbed to an all-time high, reflecting improving business conditions and growing confidence among producers. The surge was driven by strong order books, capacity utilization and sustained domestic demand, even as global uncertainties persist. Industry leaders and economists see the index reading as evidence of a broad-based recovery in manufacturing activity, supported by government-led infrastructure spending, supply chain stabilization and steady investment flows into the sector.

Ola Electric has appointed Deepak Rastogi as its new chief financial officer, marking a significant leadership move as the electric vehicle maker scales operations and sharpens its focus on financial discipline. Rastogi’s appointment comes at a critical juncture, with Ola Electric expanding manufacturing capacity, investing in product development and preparing for long-term capital planning.

Newgen Software Technologies reported a mixed financial performance for the third quarter, with revenue continuing to expand even as net profit declined sharply. The company recorded a 29 percent drop in profit, reflecting higher operating expenses and margin pressures, while topline growth was supported by steady demand for digital transformation and enterprise software solutions. The results highlight the near-term cost challenges facing technology firms investing aggressively in product development and global expansion, even as underlying demand trends remain resilient.

Digital payments major PhonePe has moved a step closer to the public markets after receiving regulatory approval for its proposed initial public offering. The clearance from the Securities and Exchange Board of India (SEBI) allows the company to advance toward filing its updated draft red herring prospectus, marking a critical milestone in its listing journey. The development comes as investor interest in profitable fintech platforms strengthens and India’s digital payments ecosystem continues to expand rapidly.

Cisco Systems is reinforcing its long-term commitment to India by announcing plans to expand investment in one of its most strategic global markets. The move reflects India’s growing importance as a technology, manufacturing and innovation hub amid rapid digitalization and rising enterprise demand. Cisco’s focus spans networking, cybersecurity, cloud infrastructure and skills development, aligning closely with national priorities around connectivity and digital inclusion.

Tata Motors is entering a potentially favorable phase as discussions around GST 2.0 gather momentum, raising expectations of a more streamlined and growth-oriented indirect tax regime. Market participants believe proposed reforms could simplify rate structures, improve compliance and stimulate demand across vehicle categories. For Tata Motors, which has strengthened its domestic market position and expanded its electric vehicle portfolio, tax rationalization could translate into better pricing flexibility and improved volumes.

Arohan Financial Services is preparing to tap the capital markets with a proposed initial public offering valued at approximately Rs. 1,500 crore, signaling a major milestone in the microfinance lender’s growth journey. The planned IPO is expected to combine a fresh issue of shares with an offer for sale, aimed at strengthening the company’s capital base and providing partial exits to existing investors.

Eternal Enterprises reported strong third-quarter results, with net profit rising significantly due to improved revenue growth, operational efficiency, and disciplined cost management. The performance comes amid a major leadership change, with founder Deepinder Goyal stepping down from his role, marking a pivotal moment in the company’s governance.