
Stocks in Focus: Tilaknagar Inds, Ashoka Buildcon, Bata India, Man Inds, Som Distilleries
PG Electroplast, PNB Housing Finance and RBL Bank shares are banned from F&O trading on 12 August 2025.
Upcoming Results:
Hindalco Industries, Cochin Shipyard, Allcargo Logistics, Apollo Hospital Enterprise, Aavas Housing Finance, Ashiana Housing, Balrampur Chini Mills, Bombay Burmah Trading Corporation, Bharat Dynamics, Carysil, Cochin Shipyard, Elgi Equipments, EMS, Fineotex Chemical, Finolex Cables, Granules India, Gujarat State Petronet LNG, Honasa Consumer, MRF, P N Gadgil Jewellers, Rail Vikas NIgam (RVNL) will announce their quarterly earnings later today.
Stocks to Watch:
Tilaknagar Industries consolidated net profit surged 120.8% to Rs 88.51 crore in Q1 FY26, compared with Rs 40.09 crore in Q1 FY25. Net sales (excluding net excise duty) jumped 30.6% YoY to Rs 409.14 crore in Q1 FY26.
Ashoka Buildcon reported 44.6% jump in consolidated net profit to Rs 217.39 crore during the quarter compared with Rs 150.33 crore in Q1 FY25. However, revenue from operations declined 23.5% YoY to Rs 1,887.07 crore in Q1 June 2025.
Bata Indias consolidated net profit tumbled 70.1% to Rs 52 crore on 0.3% fall in net sales to Rs 941.85 crore in Q1 FY26 over Q1 FY25.
Man Industries (India)s consolidated net profit jumped 45% to Rs 27.62 crore despite a marginal 0.9% drop in net sales to Rs 742.13 crore in Q1 FY26 over Q1 FY25.
Astral reported 32.6% decline in consolidated net profit to Rs 81.10 crore in Q1 FY26 compared with Rs 120.40 crore in Q1 FY25. Net sales fell 1.6% YoY to Rs 1,361.20 crore in Q1 FY26.
Som Distilleries & Breweries consolidated net profit rose 3.7% to Rs 42.06 crore on 3% increase in net sales (excluding net excise duty) to Rs 528.38 crore in Q1 FY26 over Q1 FY25.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
27 minutes ago
- Time of India
After decade-long ordeal, Bengaluru flat buyers without sale deed win interest payout
Bengaluru: In a major relief to homebuyers, Karnataka Real Estate Appellate Tribunal (KREAT) has ordered a city-based builder to pay interest on the Rs 34.4 lakh refunded to a family that waited nine years for possession of a flat that never came with a registered sale deed. Though Karnataka Real Estate Regulatory Authority (Rera) ordered a refund in 2023, it denied interest. Overruling this, the tribunal on July 25, 2025, upheld the complainants' right to interest under Rera. The story began in Sept 2013, when Begur-Hulimavu Road residents K Kiran Sarat and Subhagya S Kumar booked a flat in Suadela's 'Queens Gate' project. Over the next four years, the mother-son duo paid Rs 34.4 lakh in instalments toward the total sale consideration of Rs 80.1 lakh. The builder promised to deliver possession within four years of booking. However, no registered sale agreement was executed, nor was the apartment handed over. Despite repeated follow-ups, the builder failed to register the agreement or deliver possession. In March 2022, BBMP issued a partial occupancy certificate for the project — almost nine years after the first payment. By then, the family had decided to exit the project because of the prolonged delay. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru | Gold Rates Today in Bengaluru | Silver Rates Today in Bengaluru The duo filed a complaint on July 20, 2022, before K-Rera, seeking a refund along with interest. Rera, in its order dated Dec 2, 2023, directed the promoter to refund Rs 34.4 lakh but rejected the complainants' demand for interest. Rera reasoned that there was no registered agreement in place and the buyers chose to withdraw from the project voluntarily. The family appealed that decision before KREAT. The buyers alleged that the builder had violated Section 13 of the Rera Act, which prohibits accepting more than 10% of the flat cost without executing a registered agreement. They highlighted a 2016 email from the builder stating that the basement slab was constructed only after 3.5 years, clearly indicating delays. They also submitted that the standard construction agreement used with other buyers specified a 30-month delivery period with a six-month grace time, and said that possession was clearly understood to be due within three years of the first payment. The buyers further stated that the builder contacted them only in Aug 2018 — five years after booking — to execute an agreement. By then, frustrated by the inordinate delay, they wanted to withdraw from the project. The final cancellation was done in Feb 2019. In 2024, the builder refunded the entire amount via two demand drafts of Rs 17.2 lakh each. The builder's counsel, on the other hand, argued that the buyers had defaulted on pending instalments and not responded to repeated notices, including a final pre-cancellation notice issued in Oct 2018. They maintained that once the buyers accepted the refund, their right to claim interest was forfeit. The promoter also stated that the project was registered with Rera until Aug 2022, implying there was no delay on its part. The tribunal, after hearing both sides, observed that the developer had violated mandatory legal provisions and failed to execute a sale agreement despite collecting a substantial portion of the flat cost. It also found "untenable" the argument that the absence of a registered agreement barred the buyers from claiming interest. The tribunal noted that the builder took nearly a decade to obtain even partial occupancy, with registration under Rera coming only in Oct 2017 — four years after the buyers' first payment. It added that the builder reached out about executing the agreement only after five years of booking. Such delays, the tribunal held, amounted to gross deficiency of service. The tribunal has now ordered the builder to pay interest at 9% per annum on the principal amount up to April 30, 2017. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !


Time of India
27 minutes ago
- Time of India
‘Extortion': Court slaps 10-lakh fine on RWA secretary
New Delhi: Pointing out that the facts are "shocking and alarming", Delhi High Court has slapped a cost of Rs 10 lakh on a purported general secretary of an RWA for allegedly extorting money from property owners against whom he filed petitions alleging illegal construction. In a rare move, the court also referred the case of the lawyer representing the RWA office holder, to the Bar Council of Delhi to assess violations of rules and regulations. "These facts are alarming and shocking, which disclose the deplorable conduct of the petitioner in filing cases for extorting money from people by misusing and abusing the process of this court. On the one hand, the court has to deal with cases of unauthorised constructions strictly with an iron hand; at the same time, the court has to ensure that the process of the court is not misused by anyone in order to extort money from the persons undertaking such construction. A proceeding before a court is a solemn process for furthering the cause of justice, and not for aiding unlawful objectives of certain individuals," Justice Mini Pushkarna noted in a recent order. You Can Also Check: Delhi AQI | Weather in Delhi | Bank Holidays in Delhi | Public Holidays in Delhi | Gold Rates Today in Delhi | Silver Rates Today in Delhi The court was hearing a contempt petition against Anil Lodhi, who claimed to head the Azad Market RWA, and had filed multiple cases against alleged unauthorised construction on Roshanara Road and Rani Jhansi Road, Jhandewalan, as well as alleged misuse of electricity and water. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo However, during the proceedings, it emerged that Lodhi was allegedly approaching property owners to extort money, using threats of legal action. He was represented by advocate Babu Lal Gupta, and both also run an unregistered NGO, Green Gold Earth of World. "These petitions are being filed by purported NGOs for clearly oblique motives," the court observed. "This is a case of suppression of material facts, with the NGO not even being registered."The court held that both Lodhi and Gupta were involved in a scheme under the guise of the RWA and the NGO, and that their actions amounted to impersonation and abuse of judicial process. In light of Gupta's involvement, the court directed the Bar Council of Delhi to examine his conduct and determine if it violated professional standards. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !


Time of India
42 minutes ago
- Time of India
HC to college: Pay 50K costs to MU for admitting comm student to BSc in '22
Mumbai: Bombay High Court has rapped Ramnarain Ruia College, Matunga, for admitting in June 2022 a student from the commerce stream to the three-year BSc (statistics) course despite being ineligible for it. Tired of too many ads? go ad free now It directed the college to pay Rs 50,000 costs to . "Though the petitioner was not eligible, the petitioner was admitted for FYBSc course and he completed as many as five semesters for which the results were declared. It was only when the petitioner was in the sixth semester that the eligibility of the petitioner was verified... by the respondent-college," said Justices Makarand Karnik and Nitin Borkar on Wednesday. The student passed Class 12 exams in the commerce stream and applied for FYBSc. The required documents and provisional eligibility form prescribed Class 12 in science. MU's advocate Rui Rodrigues cited the ordinance which laid down eligibility criteria of a candidate to an FYBSc course. After verifying the student's eligibility in the sixth semester, Ruia College wrote to MU on Dec 13, 2024. MU informed it the student was not eligible for pursuing the degree course. The student moved the HC after MU refused to issue the sixth semester marksheet and graduation certificate. The HC did not find "any error" in MU's approach as the petitioner "was not eligible". "Factually, however, the petitioner has been allowed to complete five semesters," the judges said. They took note the student had performed well in five semesters. They were "persuaded" to allow him to continue with the course only so that "the petitioner's educational career should not suffer, as there is nothing on record to indicate that there is any misrepresentation on his part. Tired of too many ads? go ad free now The fault, if any, lies with the respondent-college". The judges noted the student "has now completed the sixth semester as well". His advocate Sanskruti Yagnik said he has secured admission for MSc. His marksheet was released following HC's interim order. He has been given an offer letter for MSc Applied Statistics and Analytics at NMIMS deemed to be university. Therefore, the judges decided to allow the student's petition as the "petitioner has completed the entire six semesters". They referred to their June 26 order, in a case where a law student was held ineligible, which directed colleges should submit eligibility forms and other documents to MU "not later than two months from the date of admission" to enable the university thereafter to process the eligibility. Colleges were directed to scrupulously follow instructions in MU's circulars for enrolment and eligibility so that students should not suffer due to delay by university or colleges in deciding eligibility. The judges directed Ruia College "hereafter shall scrupulously follow the norms regarding verification of eligibility/non-eligibility". They also directed MU to issue a migration certificate to the student within 3 weeks.