3, May 2026
PR – Industrialist And Dollar Industries Limited Founder & Chairman Emeritus Shri Dindayal Gupta Passes Away
Kolkata, 3rd May, 2026: Renowned Industrialist and Founder & Chairman Emeritus of hosiery major, Dollar Industries Limited Shri Dindayal Gupta left for his heavenly abode today in Kolkata from age related ailments. His demise marks the end of an era for the company and the Indian hosiery and apparel industries at large.
A visionary leader and a guiding force behind the company’s remarkable journey, Shri Dindayal Gupta steered Dollar Industries Limited for over five decades with unwavering commitment, foresight and integrity. Under his leadership, the company evolved from modest beginnings into one of India’s leading manufacturers in the hosiery and apparel segment. Under his leadership, Dollar Industries grew to a Rs 1700+ crore conglomerate.
Born on 13th September, 1937 into a humble and large family in Manheru village, Bhiwani district, Haryana with limited means, Shri Gupta’s life was a testament to perseverance, resilience and the power of dreaming big. Migrating to Kolkata (then known as Calcutta) in 1962, he started manufacturing and selling hosiery products tailormade to the buyers’ budget and requirements from its inception. This was done through parallel development of manufacturing & finishing facilities, building a network of selling outlets & partner retailers and direct development of markets neglected by other companies.
As a young man, he had the determination to build something meaningful and thus layed the foundation of Dollar Industries Limited in 1972. His entrepreneurial spirit and relentless drive transformed the company into a household name, admired for its quality, innovation and strong market presence. Soon, Dollar became one of the first companies to supply and serve backward areas like Madhya Pradesh (now MP & Chhattisgarh), the Seven Sisters of North East India and the hill districts like Darjeeling in eastern Himalayas.
Apart from his illustrious business career, Shri Dindayal Gupta was actively associated with the Arya Pratinidhi Sabha, reflecting his deep-rooted commitment to social and community service. He was a key leader in multiple branches of Bengal Pratinidhi Sabha. He was also a former Vice-President of Sarvadeshik Arya Pratinidhi Sabha and an active member of Paropakarini Sabha of Ajmer, the key repository of the personal effects of Swami Dayanand Saraswati. He initiated and set up the Burns unit and related infrastructure at the Marwari Relief Society, Kolkata.
Shri Gupta was the Founding Father of Haryana Vidya Mandir, a school in Bidhannagar, North 24-Parganas, West Bengal, under the CBSE board. He was also involved in Gurukuls as co-founder and sponsor. He was the man behind the revival of his humble village school in Manheru.His steadfast and extensive contributions in this field of education prove his conviction that the opportunity to access education at all levels is the only true way to enable social development and the growth and prosperity of the nation.
He was also a key contributor to the growth and efficacy of social service organizations in the field of elderly support likeMaharshi Dayanand Yogashram Tripura & Sukhanand Foundation. His contributions extended beyond industry, leaving a meaningful impact on the society he served.
During his illustrious journey he has been bestowed with many awards and recognitions including the Lifetime Achievement Award from West Bengal Hosiery Association and the Sanmarg Business Award.
Shri Dindayal Gupta is survived by his wife and four sons and grandchildren, who are spearheading the Dollar Industries business empire.
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- By Neel Achary
3, May 2026
Celebrating National Fitness Day with Major Milestones for Fitness Pioneer Elaine LaLanne
2, May 2026
Incheon National University Researchers Find Solution for Reliable Excavator Tracking in Real-World Construction Environments
May 02: A recent study published in Automation in Construction by researchers from Incheon National University exploits a novel approach to improving excavator tracking performance under real-world conditions. By integrating deep learning-based instance segmentation with an automated, reliability-based multi-camera strategy, this study addresses one of the most persistent challenges in construction monitoring—frequent occlusions caused by dynamic site activities. In addition, the researchers propose a frame-level reliability estimation process that automatically identifies unreliable tracking results.
Despite significant advances in vision-based equipment tracking, frequent occlusions caused by multiple interacting machines continue to degrade tracking accuracy on construction sites. While previous studies have explored multi-camera approaches, they often assume that at least one camera maintains a clear view at all times. In practice, however, such conditions are rarely guaranteed. Even with multiple CCTV systems installed, simultaneous occlusions across cameras frequently occur, making it difficult to identify which camera provides the most reliable view at any given moment.
To fill this knowledge gap, a research team led by Professor Choongwan Koo from the Division of Architecture & Urban Design at Incheon National University, Republic of Korea, has recently proposed an automated, reliability-based multi-camera strategy for excavator tracking. This study was made available online on 9 October 2025, and have been published in Volume 181 of Automation in Construction on 1 January 2026.
According to Prof. Koo, “The primary practical contribution of this study is the development of a quantitative and automated framework for selecting the most reliable camera under simultaneous occlusion conditions in real-world construction environments.”
The proposed approach introduces a quantitative reliability framework based on occlusion regions (e.g., arm and body) and occlusion ratios. Unlike conventional methods that primarily focus on improving detection or tracking algorithms, this strategy enables direct assessment of tracking reliability at the frame level. Notably, this study identifies critical occlusion thresholds—0.7 for the excavator arm and 0.5 for the body—beyond which tracking performance significantly deteriorates. These thresholds offer clear and actionable criteria for practitioners to assess the quality of vision-based monitoring data.
Beyond methodological contributions, the proposed strategy also offers significant practical and economic benefits. By improving the continuity and accuracy of tracking results, the approach enhances the reliability of equipment operation logs, which are essential for carbon emission estimation and regulatory reporting. This, in turn, can help reduce administrative burdens and financial risks, such as penalties or revalidation costs. Furthermore, by leveraging existing camera infrastructure and evaluating reliability in real time, the proposed approach minimizes the need for additional camera installations, thereby reducing capital expenditure and avoiding complications related to power supply, networking, and site constraints. The automated camera selection process also reduces reliance on manual intervention, leading to lower labor and operational costs.
“Overall, our work provides a practical and scalable solution to improve the reliability and field applicability of vision-based construction monitoring systems, with potential extensions to productivity analysis, activity recognition, and carbon emission monitoring,” concludes Prof. Koo.
2, May 2026
Mount Sinai Launches the Marilyn Monroe Mental Health for the Arts Program
New York, NY May 02: The Mount Sinai Health System today announced the launch of the Marilyn Monroe Mental Health for the Arts Program. The program is dedicated to the special mental health needs of the performing arts community, and honors the actress’s legacy and her 100th birthday in 2026.
The new program is embedded within the Samuel J. Friedman Health Center for the Performing Arts, a health center located in the heart of Manhattan’s Theater District. The Friedman Health Center was created through a partnership between the Entertainment Community Fund and Mount Sinai and received a 2024 Tony Honor for Excellence in the Theatre for its service to the entertainment community.
The program honors a star who understood the pressures of the performing arts and of living both in and out of the spotlight. During her lifetime, she championed greater understanding and support for mental health, and she set aside a portion of her estate to advance that cause. Over time, that bequest diminished—but its purpose remains deeply relevant today.
Under the direction of Shilpa R. Taufique, PhD, Chief of the Division of Psychology for the Mount Sinai Health System, the initiative provides dedicated mental health services for artists at the Friedman Health Center while connecting them to Mount Sinai’s broader network of care.
The new program was made possible through an initial $100,000 gift from Lori Hall, a cultural steward and mental health advocate working to advance Marilyn Monroe’s humanitarian legacy.
“I am honored to help close the circle on Marilyn’s final bequest. Marilyn Monroe remains one of the most widely recognized and misunderstood figures in modern history,” said Ms. Hall, Legacy Patron of the new program. “She was a humanitarian, a patriot, a woman of intention and soft power. Through this partnership with Mount Sinai and the Entertainment Community Fund and with the support of her estate, we are able to provide meaningful mental health support to a community in need. I can think of no better way to celebrate her 100th birthday than by fulfilling this wish.”
Ms. Hall’s seed funding supports the services of Nicholas Kopple-Perry, DO, a Mount Sinai psychiatrist who understands the specific mental health challenges that performing artists face. He is available to see patients onsite at the Friedman Health Center, and mental health practitioners are on call for acute mental health emergencies that may arise. A wide range of specialists from Mount Sinai’s Psychiatry and Psychology faculty will provide training that further equips the Entertainment Community Fund’s social work staff to address mental health needs and connect patients with additional resources.
Careers in the entertainment industry are incredibly rewarding, but they can also present a number of risks to members’ physical and mental health. Whether a singer, dancer, musician, actor, or back of the house, the demands of these roles are long and grueling. The career of a performer can pose specific psychological demands, which can create chronic challenges with stress, anxiety, and depression. The relentless cycle from audition to rehearsal to performances and the in-between can present overwhelming strain on an individual’s mental well-being.
“I am deeply grateful for the opportunity to extend thoughtful, responsive mental health care to members of the entertainment community,” said Dr. Taufique. “The creative process for performing artists is profoundly personal—it asks individuals to draw on their emotional depth, vulnerability, and lived experience in ways that are both generative and, at times, depleting. When that level of openness is paired with the unpredictability and intensity of the industry, it can place unique demands on one’s mental health. It is a privilege to help build a program that not only recognizes these nuances, but also offers care that honors the artistry itself while supporting the well-being of those who bring it to life.”
May is Mental Health Awareness Month. In addition to the initial gift to launch the program, Ms. Hall is hosting a pop-up exhibit in Grand Central Terminal from Tuesday, May 19, through Friday, May 22, that will feature the actress’s personal address book from 1962, pairing contacts with archival photography and storytelling to highlight her deep ties to New York City. This experience is free and open to the public. The pop-up exhibit coincides with the dates Monroe was in New York City performing at Madison Square Garden for President John F. Kennedy in 1962. For more information, please click here; https://grandcentralterminal.com/event/marilyns-new-york/.
Individuals who are interested in the opportunity to renew Monroe’s original intention, while ensuring that the artists who inspire us are themselves supported, cared for, and never left to struggle alone, can support the Marilyn Monroe Mental Health for the Arts Program through this secure donation link: https://mountsinai.donorsupport.co/page/FUNJJBBYPDW.
Marilyn Monroe™; Rights of Publicity and Persona Rights are used with permission of the Estate of Marilyn Monroe LLC. marilynmonroe.com.
2, May 2026
University of Nebraska–Lincoln and Runza Restaurants Launch Limited-Edition Runza-Flavored Ice Cream
Nebraska, May 2: In a bold and unconventional culinary collaboration, University of Nebraska–Lincoln’s Food Processing Center has partnered with Runza Restaurants to introduce a limited-edition Runza-flavored ice cream, reimagining the iconic sandwich in a surprising frozen format.
The unique creation blends the signature spice profile of the classic Runza sandwich into a sweet cream ice cream base, offering a fusion of sweet and savory flavors. Developed under the leadership of April Johnson, product development project manager at the university’s Food Processing Center, the innovation aims to challenge traditional perceptions of dessert.
“It’s definitely a shock factor at first,” said April Johnson. “You take a bite and think, ‘What is this?’ and then it clicks — it tastes like a Runza sandwich.”
The product was developed following a challenge from Runza Restaurants to translate the essence of its signature sandwich — known for its blend of spices and comforting flavor into ice cream. While inspired by the original, the frozen treat contains no meat, instead incorporating elements like cabbage powder, spice blends, and soft dough inclusions to replicate the sandwich experience.
After multiple iterations and collaborative tastings, the final version was approved by Runza representatives, striking a balance between novelty and familiarity.
“We refined the recipe through continuous feedback until we reached a point where it truly captured the flavor identity,” Johnson added.
The limited-release ice cream debuted on May 1 across select locations in Lincoln and Waverly, following a teaser campaign on social media. The company anticipates strong curiosity-driven demand, though availability may be short-lived.
“We aren’t sure if this will last for four hours or four days,” said Becky L. Perrett, Director of Marketing at Runza Restaurants. “But we’ll be ready and flexible.”
The launch reflects a broader trend of experimental and conversation-starting food innovations, where unique flavor profiles drive consumer engagement.
With its blend of nostalgia, novelty, and bold experimentation, the Runza-flavored ice cream stands out as a creative milestone in food innovation — and a distinctly Nebraskan experience.
2, May 2026
Serial entrepreneurs and Digital First Industry Leaders launch Wibe Algo to design revenue systems for the AI era
New Delhi / Mumbai, May 02: As rising customer acquisition costs and AI-led shifts in discovery continue to challenge traditional marketing models, a group of industry veterans has come together to launch Wibe Algo, a company focused on designing unified growth systems for businesses.
Founded by Rajasree Chatterjee, a seasoned brand and growth strategist with over two decades of experience working with leading agencies, where she has led and managed global brands such as ITC, Hershey’s, Dream11, Philips, Tata, and ICICI, among others, and Saptak Banerjee, brings over 12 years of experience in growth strategy and technology-led business building, with expertise across market expansion, product development, and revenue management. He has held roles across organisations such as Dun & Bradstreet, AFS, and SCL, and has worked with brands including HCL Infosystems, Ethio Telecom, Ooredoo Group, and NCR Corporation.
Despite increasing investments in marketing, many businesses continue to struggle to link activity with revenue, as growth remains fragmented across channels, tools, and teams. Wibe Algo’s approach is centred on what it calls growth architecture, a systems-led model that replaces fragmented execution with unified design, integrating strategy, technology, intelligence, and execution into a single framework.
This approach is underpinned by an AI-first intelligence layer designed to decode how modern discovery works across fragmented platforms, enabling businesses to move from guesswork to informed, system-led growth and convert visibility into measurable outcomes.
“We are seeing a clear shift in how growth needs to be approached,” said Rajasree Chatterjee, CEO & Co-Founder, Wibe Algo. “The focus is moving from running campaigns to building systems that are structured, measurable, and directly aligned to revenue. That requires a fundamentally different way of thinking about marketing, technology, and execution.”
Co-founder & Chief Operating Officer, Saptak Banerjee added, “The challenge today is not access to tools or platforms, but the lack of integration. Businesses are optimising parts of the journey, but not the system as a whole. Our focus is on designing growth systems that are scalable, adaptive, and capable of delivering predictable outcomes.”
The company’s leadership team brings together cross-functional expertise across strategy, creative, media, and performance:
Manoj Motiani, Chief Creative Officer & Partner at Wibe Algo, and former Creative Director at Ogilvy, with over 27 years of experience across brands such as Cadbury, Castrol, and ICICI Bank. “Creativity today has to do more than communicate, it has to contribute to business outcomes. The role of ideas is evolving, and that shift needs to be reflected in how brands build and scale,” he said.
Rajeev Sharma, Chief Strategy & Growth Officer at Wibe Algo, with over three decades of experience across JWT, Ogilvy, and TBWA, including serving as India P&L Head for JWT Digital. “We are entering a phase where growth will be defined by how effectively businesses can connect data, decision-making, and storytelling. That requires a more integrated and disciplined approach to strategy,” he said.
Sanchit Deshmukh, Director Performance Marketing & Media at Wibe Algo, added, “Efficiency is becoming central to growth, whether it is customer acquisition cost, retention, or user quality. These outcomes can only be achieved when systems are connected end-to-end.”
Wibe Algo has already demonstrated early execution across sectors including health and wellness, fintech, and emerging technology categories, working with clients in areas such as cybersecurity and biohacking. The team has supported multi-market campaigns across India, the US, GCC, and Singapore, delivering measurable improvements in acquisition efficiency, conversion outcomes, and customer acquisition costs, achieving up to 10X growth in select campaign metrics through integrated, system-led interventions.
As businesses navigate increasing complexity in consumer behaviour and media fragmentation, Wibe Algo is positioning itself as a partner focused on clarity, integration, and revenue accountability.
“The next phase of growth will not come from doing more,” Chatterjee added. “It will come from building better systems.”
2, May 2026
Green Cards, Safer Generations: A Grassroots Fight Against Sickle Cell in Maharashtra
Maharashtra, India May 02: As Maharashtra celebrates its foundation day, a small village near Shirpur is offering a powerful narrative of progress—where tradition is evolving with science, and communities are taking charge of their future through informed choices.
In a quiet yet transformative shift, age-old matrimonial traditions here are being redefined, not by horoscopes or kundlis, but by health cards.
In this unique community-led practice, red and green cards indicating sickle cell status have become a decisive factor in marriage compatibility. The system is simple yet powerful: individuals carrying two green cards are not matched, while red and green card pairings are considered acceptable. This approach is designed to significantly reduce the risk of children being born with sickle cell disease, a serious genetic blood disorder prevalent among tribal populations in Maharashtra.
What makes this model particularly compelling is its grassroots origin. Driven by sustained awareness campaigns and screening initiatives, the practice has organically evolved into a social norm, where informed health choices are influencing deeply personal and cultural decisions like marriage.
Recent screening efforts in the region have highlighted the urgency of such interventions. Across multiple camps conducted in nearby areas, over 400 individuals were screened, with more than 200 identified as carriers and 180 diagnosed with the disease. These numbers underscore the scale of the challenge and the importance of preventive approaches rooted in community participation.
Beyond detection, these initiatives have also focused on counselling, access to medication, and continuous support for affected individuals. The integration of health awareness into social practices marks a significant shift, transforming communities from passive recipients of healthcare to active participants in disease prevention.
Emphasising the need for collective action to tackle sickle cell disease, Dweta Patel, Director, Astitva Social Welfare Foundation, a key force behind the initiative, said, “This initiative is not the effort of one individual but a collective movement shaped by the community, healthcare workers, and volunteers working tirelessly on the ground. What we are witnessing today is the power of awareness translating into action, where people are making informed decisions not just for themselves but for future generations. The red and green card system is a reflection of trust, education, and shared responsibility. Our aim has always been to support those in need, ensure early detection, and build a healthier society. When communities come together like this, real and lasting change becomes possible.”
This evolving matrimonial system stands at the intersection of public health, culture, and social reform. It demonstrates how awareness, when combined with collective action, can lead to meaningful behavioural change without disrupting the social fabric.
As this model continues to grow, it carries a larger vision of communities empowered with knowledge, making choices that can prevent suffering before it begins. By embedding awareness into everyday decisions, this initiative points toward a future where diseases like sickle cell no longer define lives, and where generations are born healthier, freer, and with greater hope.
2, May 2026
GIIS Ahmedabad Honoured with Prestigious IMC Ramkrishna Bajaj National Quality Award
Ahmedabad, May 02: Global Indian International School (GIIS) Ahmedabad has been conferred with the esteemed IMC Ramkrishna Bajaj National Quality Award Trophy 2025 in the education category, recognising the institution’s commitment to excellence, innovation, and holistic student development. The award was presented at a distinguished ceremony graced by cricket legend and Padma Bhushan awardee Mr. Sunil Gavaskar as the Chief Guest.
The award was received by Global Schools Group Co-Founder & Executive Chairman Mr. Atul Temurnikar, along with Mr. Rathin Khandadia, Director – GCEE, Mr. Caesar D’silva, Principal, and Ms. Ruchika Dhingra, Vice Principal, and was presented by Mr. Sunil Gavaskar in the presence of Nobel Peace Laureate Kailash Satyarthi, marking a significant milestone for the institution at a national level
The recognition reflects GIIS Ahmedabad’s approach to education, combining academic focus with values-based learning and innovation. Central to this is the 9GEMS™ framework, which supports intellectual growth alongside character development, leadership, creativity, and a global outlook. The school also emphasises experiential learning, digital integration in classrooms, and a student-centric pedagogy, with initiatives around community engagement, ethics, and international exposure shaping well-rounded learners.
Speaking on the achievement, Mr. Caesar D’silva, Principal, GIIS Ahmedabad, said, “This recognition is a testament to our unwavering pursuit of excellence across every dimension of education. At GIIS Ahmedabad, quality is not a milestone but a continuous discipline embedded in our culture, systems, and mindset. This honour reflects the collective commitment of our educators, students, and parent community in building an institution that not only meets global benchmarks but consistently raises them. We remain focused on nurturing well-rounded individuals equipped with the skills, values, and resilience required to thrive in an evolving world.”
The IMC Ramkrishna Bajaj National Quality Award is widely regarded as a benchmark for organisational excellence in India, recognising institutions that demonstrate strong performance across quality management and operational effectiveness.
GIIS’s latest recognition reinforces its position as a leading institution in the Indian education landscape, with a strong focus on academic outcomes, innovation, and holistic development. The school continues to set high standards in delivering world-class, future-focused education.
1, May 2026
Servotech Renewable Announces its Q4 FY26 Results
Servotech Renewable Announces its Q4 FY26 Results, Revenue rises by 66.6% YoY, EBITDA up by 70.1% YoY; FY26 EBITDA Margin Expands 161 bps
New Delhi, May 01: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading solar solutions, BESS, and EV charger manufacturer, announced its financial results for the fourth quarter and year ended 31st March 2026. FY26 marked a transformational year for the Company, as it closed with its strongest-ever quarter as a listed entity. The performance was driven by robust momentum in the second half, supported by improved product mix, enhanced manufacturing capabilities, and disciplined execution. Strategic capacity expansion, coupled with a focused shift towards high-margin renewable and EV segments, enabled margin expansion and operational strength. Servotech now enters FY27 well-positioned to sustain growth and enhance long-term value creation.
Key Performance Highlights
Q4 FY26 Financial Review – Standalone (YoY)
● Total Revenue grew by 66.6% in Q4 FY26 of Rs. 21,120 lakh from Rs 12,674 lakh in Q4 FY25.
● EBITDA witnessed a growth of 70.16%, standing at Rs. 2,320 lakh in Q4 FY26 from Rs. 1,363 lakh in Q4 FY25.
● PAT experienced a substantial rise of 49.5%, standing at Rs. 1,173 lakh in Q4 FY26, compared to Rs. 784 lakh in Q4 FY25.
● PBT experienced a substantial rise of 41.74%, standing at Rs. 1,489 lakh in Q4 FY26, compared to Rs. 1,051 lakh in Q4 FY25.
● Gross Profit grew by 58.24%, standing at Rs. 4,222 lakh in Q4 FY26 from Rs. 2,668 lakh in Q4 FY25.
Q4 FY26 Financial Review – Consolidated (YoY)
● Total Revenue reported growth of 48.52% in Q4 FY26, standing at Rs. 21,900 lakh from Rs. 14,746 lakh in Q4 FY25.
● EBITDA grew by 80.86%, standing at Rs. 2,420 lakh in Q4 FY26 from Rs. 1,338 lakh in Q4 FY25.
● PAT experienced a rise of 35.92%, standing at Rs. 1,048 lakh in Q4 FY26, compared to Rs. 771 lakh in Q4 FY25.
● PBT grew by 24.16%, standing at Rs. 1,304 lakh in Q4 FY26, compared to Rs. 1,050 lakh in Q4 FY25.
● Gross Profit witnessed a growth of 72.18%, standing at Rs. 4,787 lakh in Q4 FY26 from Rs. 2,780 lakh in Q4 FY25.
FY26 Financial Review – Standalone (YoY)
● Total Revenue grew by 8.92% in FY26 of Rs. 64,166 lakh from Rs 58,911 lakh in FY25.
● EBITDA grew by 26.54%, standing at Rs. 7,419 lakh in FY26 from Rs. 5,863 lakh in FY25, with EBITDA margin expanding to 11.56% from 9.95% – an expansion of 161 basis points.
● PAT experienced a rise of 8.34%, standing at Rs. 3,625 lakh in FY26, compared to Rs. 3,346 lakh in FY25.
● PBT experienced a growth of 4.6%, standing at Rs. 4,737 lakh in FY26, compared to Rs. 4,528 lakh in FY25.
● Gross Profit grew by 27.39%, standing at Rs. 14,851 lakh in FY26 from Rs. 11,657 lakh in FY25.
FY26 Financial Review – Consolidated (YoY)
· Total Revenue stood at Rs. 67,536 Lac’s in FY26 versus Rs. 67,680 Lac’s in FY25, broadly flat, primarily reflecting the deliberate scale-down of low-margin trading activity in our medical equipment subsidiary, Rebreathe Medical Devices, as we focus capital on higher-margin core renewable and EV businesses.
· EBITDA grew by 22.46%, standing at Rs. 7,095 Lac’s in FY26 from Rs. 5,794 Lac’s in FY25.
· PAT (attributable to shareholders) grew 2.5% to Rs. 3,355 lakh in FY26 from Rs. 3,274 lakh in FY25, broadly stable.
· Gross Profit grew by 39.72%, standing at Rs. 16,245 Lac’s in FY26 from Rs. 11,626 Lac’s in FY25.
Commenting on the performance, Raman Bhatia, Managing Director, Servotech Renewable Power System Limited, said, “This has been a defining financial year for Servotech, marked by a strong finish and a clear shift towards sustainable, efficiency-led growth. Our performance in the second half of the year reflects the impact of strategic decisions we undertook earlier, particularly around strengthening our manufacturing capabilities, improving product mix, and maintaining strict cost discipline. The commissioning of new capacities across solar inverters, EV chargers, and battery solutions has positioned us well to meet the growing demand in the renewable energy and clean mobility sectors.
The real momentum has been driven by our H2 performance, where standalone revenue stood at ₹411 Crore, growing 34% YoY with H2 EBITDA margin reaching 12%, the highest in our listed history. This reinforces the effectiveness of our strategic focus and operational execution. Entering FY27, we carry forward our strongest-ever run-rate, backed by newly commissioned capacities that position us well to sustain and scale this growth trajectory.
While we remained focused on scaling our core business, we also took conscious steps to prioritise higher-margin segments, which have contributed to improved operational performance. As we move into FY27, we do so with a stronger foundation, better visibility on growth opportunities, and a continued commitment to innovation, execution excellence, and long-term value creation for our stakeholders.”
1, May 2026
April Gross GST Collection Hits INR 2,42,702 Crore, Up 8.7 pc; Highest-Ever Monthly Mop-Up!
New Delhi, May 1 (BNP): India’s gross Goods and Services Tax (GST) collection for April 2026 surged to a record ₹2,42,702 crore, registering an 8.7 per cent increase compared to the same month last year, signalling strong economic momentum and improved tax compliance.
The April collection marks the highest-ever monthly GST mop-up since the nationwide indirect tax regime was rolled out in July 2017, highlighting sustained growth in domestic consumption, trade activity, and business transactions.
Officials said the robust tax numbers reflect the resilience of the Indian economy despite ongoing global uncertainties and geopolitical tensions impacting international markets.
GST collections are widely seen as a key indicator of economic health, as higher revenues generally point to stronger consumer demand, increased commercial activity, and better compliance among taxpayers.
The strong April figures also come at the beginning of the new financial year, raising optimism over government revenue trends and fiscal stability in the months ahead.
Economists noted that consistent growth in GST collections could provide additional fiscal space for infrastructure development, welfare programmes, and public investment, while supporting the government’s broader economic expansion agenda.
The record-breaking collection is expected to further strengthen confidence in India’s growth outlook and revenue position for FY 2026-27.
