Business

Food startup KisaanSay has secured Rs 34 crore in fresh funding led by NABVENTURES, marking a significant milestone in its growth journey within India’s evolving agri-food ecosystem. The company, known for its single-origin, farm-sourced products, aims to leverage this capital to expand operations, enhance supply chain efficiencies, and deepen farmer engagement. With increasing consumer preference for traceable and high-quality food products, KisaanSay is positioning itself at the intersection of sustainability and premium consumption.

PC Jeweller Ltd has reported a robust financial performance for FY2025-26, marking a significant turnaround in its business trajectory. The company recorded a 32 per cent year-on-year rise in revenue during the fourth quarter, while full-year revenue surged by approximately 49 per cent. The growth appears to be supported by elevated gold prices and improved operational consistency. Alongside financial recovery, the company has outlined strategic initiatives including debt reduction, retail expansion, and diversification into mining.

India’s real estate sector continues to demonstrate resilience, with Max Estates Ltd reporting robust sales bookings in the fourth quarter of FY26. The company recorded pre-sales of Rs 3,392 crore during the quarter, driven by sustained demand for premium residential and commercial properties. However, full-year performance remained largely stable, with total bookings at Rs 5,305 crore compared to Rs 5,321 crore in the previous fiscal. The sharp quarterly surge highlights improved buyer sentiment and project traction, even as annual growth plateaued.

Tata Motors Passenger Vehicles Ltd (TMPV) reported a robust 29% increase in total sales for March 2026, reaching 66,971 units compared with 51,872 units in March 2025. Domestic passenger vehicle sales accounted for 66,192 units, marking a 28% year-on-year growth, while international sales more than tripled to 779 units from 256 units. The performance underscores Tata Motors’ strong positioning in India’s competitive passenger vehicle segment and reflects growing consumer demand, expanding distribution channels, and strategic product offerings.

Bandhan Bank has reported steady growth in both loans and deposits for the fourth quarter of FY26, reflecting sustained momentum in its core banking operations. The lender’s advances rose by 12.6 per cent year-on-year, while deposits increased by 10 per cent, indicating balanced expansion despite a competitive financial landscape. Sequential growth also remained robust, underscoring consistent demand and operational stability. The performance highlights the bank’s focus on strengthening its balance sheet, improving asset utilization, and maintaining liquidity.

HDFC Bank has reported a steady performance in the fourth quarter of FY26, marked by robust growth in both loans and deposits. The bank’s advances rose by 12 per cent year-on-year, while deposits expanded at a faster pace of 14.4 per cent, reinforcing its strong liquidity position. Growth in CASA and time deposits highlights improved customer confidence and funding stability. Despite leadership changes, the lender continues to demonstrate operational resilience.

Sobha Ltd has delivered a strong performance in FY26, driven by sustained demand in the residential real estate segment. The company reported an 11 per cent increase in fourth-quarter sales bookings, while full-year pre-sales surged by 30 per cent to a record level. This growth comes despite global economic uncertainties, reflecting the resilience of India’s housing market. Strong domestic consumption, stable buyer sentiment, and favorable financing conditions have supported the sector.

Vedanta Ltd delivered a mixed operational performance in the fourth quarter of FY26, with growth in core metal segments offset by a decline in energy and bulk commodity output. Aluminium and zinc production registered modest increases, reflecting steady demand and operational stability. However, output from iron ore, steel, and oil & gas segments declined, highlighting sector-specific challenges. Notably, oil and gas production fell sharply, underscoring volatility in the energy business.

India’s agricultural mechanization story gained further momentum as Tractors and Farm Equipment Ltd (TAFE) reported a robust 23 percent increase in tractor sales for FY26, reaching a record 2,14,951 units. The growth was underpinned by favorable monsoon conditions, supportive government policies, and rising adoption of farm mechanization across rural markets. The company also recorded its highest-ever domestic sales, with strong performance from its flagship brands. A sharp surge in March sales further reinforced the positive trajectory.

India’s rapidly expanding air conditioner market has entered a new phase of competition as LG Electronics India reported sales exceeding 1 million units in the first quarter of 2026, positioning itself as a category leader. The announcement, however, has been contested by rival Voltas, which maintains its dominance in the residential segment.