Gokaldas Exports achieved strong sequential growth in both revenue and profit for the March quarter. The company posted a 9% rise in revenue despite ongoing global trade disruptions and US tariff pressures.
Improved productivity, tighter cost controls and a recovery in Africa operations helped support the results. The India business also held steady even as apparel exports from the country declined overall.
India's economy expanded 7.8 percent in the March quarter, beating forecasts and lifting full-year growth for fiscal 2026 to 7.7 percent. The result was supported by strong private investment and consumption.
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Steel Authority of India posted a sharp increase in net profit for the fourth quarter of fiscal 2026. Consolidated profit after tax climbed 47% year on year to 1,835 crore rupees. Revenue grew 5% over the same period.
Sun Pharmaceutical Industries posted robust revenue and profit increases for the March quarter. The company noted pressure on EBITDA margins due to higher investments and reduced milestone income. Outlook for the next fiscal year points to steady but moderated expansion.
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Multi Commodity Exchange of India posted a sharp rise in earnings for the quarter ended March. Consolidated net profit reached 530 crore rupees, up 291 percent from the prior year. The exchange also announced a dividend of 8 rupees per share.