Industry Trends

Angel One Q3 | Declares ₹23 dividend, approves 1:10 stock split; revenue rises

Angel One reported a net profit of ₹268.6 crore for Q3FY26, down 4.5% year-on-year, while revenue rose 5.8% YoY to ₹1,334.8 crore. EBITDA increased 6.7% YoY to ₹529.1 crore, with margins at 39.6%. Broking, wealth management, and credit businesses supported growth, and the board approved a ₹23 interim dividend and stock split from ₹10 to ₹1 per share.

Industry Trends

Godrej Properties posts 19% rise in CY25 booking value

Godrej Properties Ltd posts 19% rise in booking value to ₹34,171 crore in 2025, reporting cash collections of ₹18,979 crore during the year, up 28% from the previous year; remains India’s largest listed residential real estate developer for second consecutive year.

Startup Funding

Budget 2026: Revamping auto PLI can unlock EV growth, says Deloitte India

Deloitte India has said targeted changes to the automobile PLI scheme in the upcoming Budget could ease cost pressures on EV makers, widen participation and accelerate green mobility, citing challenges around localisation norms, investment thresholds and GST structure.