🇮🇳 India Daybook: Adani Ent Posts Record EBITDA, Alembic Pharma Gets USFDA Nod — July 30, 2026

📍 EARNINGS

• Adani Enterprises: The flagship firm reported its highest-ever quarterly EBITDA of ₹5,642 crore (up 49% YoY) for Q1 FY27. Total income surged 50% to ₹33,546 crore, though it reported a net loss of ₹1,160 crore due to a one-time exceptional charge of ₹2,644 crore related to an OFAC settlement.
• Piramal Pharma: Revenue grew 17% YoY to ₹2,270 crore in Q1 FY27, supported by strong performance in the CDMO and hospital generics segments. EBITDA jumped 72% to ₹285 crore, with margins expanding by 400 basis points to 12.5%.
• Radico Khaitan: Reported record quarterly net revenue of ₹1,683.7 crore (up 11.8% YoY). EBITDA rose 50.9% to ₹348.1 crore, driven by a 35.8% volume growth in its "Prestige & Above" premium portfolio.
• Tata Consumer Products: Consolidated net profit rose 29% YoY to ₹427.19 crore for the June quarter, while revenue from operations increased 12% to ₹5,348.88 crore.
• Devyani International: The KFC and Pizza Hut operator saw consolidated net profit surge nearly four-fold to ₹14.65 crore, with revenue rising 16.5% to ₹1,580.5 crore.
• Nestlé India: Reported a 48% surge in standalone net profit to ₹975.1 crore for Q1 FY27, with sales growing 25.4% to ₹6,363 crore.

📍 ORDER WIN

• NBCC (India): Signed a $75 million agreement with the Seychelles government for the Ile Aurore Housing Project, involving the construction of 1,008 affordable housing units.
• Ramco Systems: Selected by UK-based aerospace engineering firm CFS Aero to digitize and manage its engine and APU MRO (Maintenance, Repair, and Overhaul) operations.
• Hind Rectifiers: Secured its first-ever order from the United States for traction motor assemblies, marking its entry into the U.S. market with delivery scheduled for FY27.
• NINtec Systems: Successfully delivered an enterprise-scale AI transformation platform for a major European automotive marketplace.

📍 ACQUISITION

• Brigade Enterprises: Acquired a two-acre land parcel on Kanakapura Road, Bengaluru, for a premium residential project with an estimated Gross Development Value (GDV) of ₹400 crore.
• Novartis India: Novartis AG completed the sale of its 70.68% stake to a ChrysCapital-led consortium, leading to a complete overhaul of the company's board and the appointment of Dr. Vikas Gupta as MD & CEO.
• Kesar India: Announced the acquisition of a strategic stake in Kesar Lands Pvt. Ltd. to expand its real estate portfolio.

📍 USFDA APPROVAL

• Alembic Pharmaceuticals: Received final USFDA approval for its generic Prucalopride Tablets (1 mg and 2 mg), used to treat chronic idiopathic constipation. The reference drug, Motegrity, has an estimated U.S. market size of $100 million.

📍 CORPORATE UPDATES

• Capri Global Capital: Announced a collaboration with OpenAI to deploy enterprise-grade generative AI across its lending operations and business functions.
• SBI Cards: Launched the "Google Pay Flex SBI Card," a new rewards-centric credit card specifically for the domestic market.
• Tata Chemicals: Kenyan authorities directed its subsidiary, Tata Chemicals Magadi Ltd., to suspend mining operations and soda ash exports due to local regulatory issues.
• NTPC Green Energy: A 50 MW solar project in Rajasthan is set to commence commercial operations on July 31, 2026, taking the group's total installed capacity to 10,836 MW.
• Waaree Energies: Commissioned 118.8 MW of solar capacity at its Neemuch Solar Park facility in Madhya Pradesh.

📍 DIVIDEND

• Ex-Dividend Today: Several major stocks will trade ex-dividend on July 30, including UltraTech Cement, Marico, BASF India, JK Tyre & Industries, Dr. Lal PathLabs, and Granules India.

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