Action Construction Equipment (ACE) reported a consolidated Profit After Tax (PAT) of ₹116.41 crore for the quarter ended December 31, 2025, marking a 4.2% increase from ₹111.68 crore in the same period last year. While revenue from operations saw a slight year-on-year decline of 2.3% to ₹854.63 crore, the company showed a robust sequential (QoQ) recovery with revenue growing 14.8% and PAT jumping 29.3% compared to the September 2025 quarter. For the nine-month period, PAT stands at ₹304.19 crore, up 4.6% YoY, even as total revenue for the period dipped by 4.9%.

Nila Spaces Limited has received a new credit rating from CARE Ratings Limited for its long-term bank facilities. The agency has assigned a 'CARE BBB' rating with a 'Stable' outlook for facilities amounting to ₹125.00 crore. Concurrently, the previous issuer rating assigned to the company in November 2024 has been withdrawn. This new rating provides a formal assessment of the company's creditworthiness regarding its bank debt obligations.

Kajaria Ceramics reported flattish consolidated revenue of ₹1,168 crore for Q3 FY26, impacted by soft market demand and the closure of its plywood division. Despite stagnant volumes, EBITDA grew 35% YoY to ₹201 crore, with margins expanding significantly by 442 bps to 17.20% due to better operational efficiencies. Net profit rose 13% YoY to ₹87.72 crore, though it was slightly tempered by lower sales realizations and discounts offered to clear inventory. The company is also consolidating its holdings by acquiring the remaining stakes in its adhesive and surfaces subsidiaries.

Nila Spaces reported a strong Q3 FY26 with consolidated revenues of ₹5,220 lakh and a PAT of ₹818 lakh, reflecting a 15.7% margin. For the nine-month period, the company achieved a significant EBITDA margin expansion of over 900 basis points to 29.6%, driven by operational efficiency. Management is pivoting towards wellness-led developments and technology-driven real estate, including tokenized ownership via Alt DRX. The balance sheet remains healthy with a low debt-equity ratio of 0.42 and an improved ROCE of 21.4%.

Nila Spaces Limited reported a robust performance for the quarter ended December 31, 2025, with standalone net profit jumping 81% year-on-year to ₹6.82 crore. Revenue from operations grew by 23.4% to ₹40.77 crore, while consolidated net profit more than doubled to ₹8.18 crore. Alongside the strong earnings, the Board approved a strategic investment in Alt Realtech Private Limited through Compulsorily Convertible Preference Shares (CCPS). The company maintains a healthy profit margin with standalone PBT rising 89% YoY.

Nila Spaces Limited reported a robust performance for the quarter ended December 31, 2025, with standalone net profit rising 80.9% YoY to ₹6.82 crore. Revenue from operations grew by 23.4% to ₹40.77 crore compared to ₹33.02 crore in the same quarter last year. On a consolidated basis, the company's net profit more than doubled to ₹8.18 crore. Furthermore, the board has approved a new investment in Alt Realtech Private Limited through Compulsorily Convertible Preference Shares (CCPS).

Nila Spaces Limited reported a strong financial performance for the quarter ended December 31, 2025, with consolidated revenue reaching ₹5,220.03 lakhs, a 58% increase year-on-year. Net profit (PAT) for the quarter surged by 120% to ₹817.57 lakhs compared to ₹371.89 lakhs in the same period last year. For the nine-month period, the company's consolidated profit reached ₹1,935.98 lakhs, nearly doubling from the previous year. Additionally, the board approved a strategic investment in Alt Realtech Private Limited through Compulsorily Convertible Preference Shares (CCPS).

UltraTech Cement reported a robust Q3 FY26, highlighting a strong infrastructure-led demand pipeline across India. The company has successfully achieved 58% brand conversion for India Cements and 69% for Kesoram, with India Cements reporting an EBITDA of INR 400 per ton. Management is targeting a net debt to EBITDA ratio of 0.8x-0.9x by the end of the fiscal year, down from the current 1.08x. Capacity utilization is expected to exceed 90% in Q4 FY26, driven by massive government spending on metros and highways.

UltraTech Cement reported a robust Q3 FY26 performance, beating analyst expectations on both volumes and margins. The company is aggressively expanding its footprint, with 8-9 million tons of capacity expected to be commissioned in Q4 FY26 and another 12 million tons in FY27. Integration of acquired assets like Kesoram and India Cements is ahead of schedule, with brand conversion reaching 69% and 58% respectively. Management remains bullish on demand, targeting over 90% capacity utilization in the upcoming quarter while maintaining a healthy net debt/EBITDA ratio of 1.08x.

UltraTech Cement delivered a robust performance in Q3 FY26, with consolidated revenue rising 22.5% YoY to ₹21,506 crores. Consolidated sales volumes grew 15% YoY to 38.87 Mnt, supported by strong demand across housing and infrastructure segments. Operating EBITDA per ton for the UltraTech brand improved by ₹140 YoY to ₹1,051, driven by significant cost reductions in logistics and power. Despite a marginal 0.4% YoY decline in realizations, normalized PAT increased by 32% to ₹1,792 crores.

The India Cements Limited reported a significant operational turnaround in Q3 FY26, with consolidated EBITDA reaching ₹103 Crores compared to a loss of ₹178 Crores in the same quarter last year. Domestic sales volumes grew by 25% YoY to 2.59 MnT, driven by an 11% improvement in capacity utilization to 69%. The company announced a major ₹2,000 Crore capex plan over the next two years to expand capacity to 17.55 Mtpa and enhance efficiency. While realizations dipped 2.4% QoQ, substantial reductions in logistics costs (down 44% YoY) and fuel costs (down 18% YoY) supported the bottom line.

India Cements reported a significant operational turnaround in Q3 FY26, with revenue from operations rising 23.5% YoY to ₹1,114.13 Cr. The company drastically narrowed its net loss to ₹5.72 Cr from a massive loss of ₹409.38 Cr in the same quarter last year. Operating margins turned positive at 7.14%, a sharp recovery from the negative 20.88% recorded in Q3 FY25. The results reflect the first full quarter under UltraTech Cement's ownership, showing improved cost efficiencies and lower finance costs.

Pace Digitek's material subsidiary, Lineage Power Private Limited, has secured a significant Advance Purchase Order worth ₹94.35 crore from BSNL. The contract involves the supply and maintenance of 25,000 Li-Ion battery modules and 2,500 racks to modernize BSNL's power infrastructure. The project is slated for execution within a tight timeline of five months, providing strong revenue visibility for the current fiscal year. Additionally, the inclusion of a 5-year warranty and a subsequent 5-year AMC ensures long-term service revenue and customer engagement.

Pace Digitek's material subsidiary, Lineage Power Private Limited, has secured a significant Advance Purchase Order worth ₹94.35 crore from BSNL. The contract involves the supply of 25,000 Li-ion battery modules and 2,500 IP55 racks, along with a 5-year Annual Maintenance Contract. The execution timeline is tight, set at just 5 months from the receipt of the purchase order. This order strengthens the company's position in the telecom infrastructure and energy storage segment.

Pace Digitek Limited has appointed Mr. Ketan Chitnis as the Chief Operating Officer (COO) for its material subsidiary, Lineage Power Private Limited, effective January 16, 2026. Mr. Chitnis brings over 20 years of leadership experience in the Energy Storage Solutions (ESS) and Battery Energy Storage Systems (BESS) sectors. He previously served as the Business Head for Energy Storage Solutions at Larsen & Toubro (L&T) Energy, where he managed large-scale greenfield manufacturing and technology partnerships. His role will encompass leading production, engineering, supply chain management, and business development to drive execution excellence.

Action Construction Equipment Limited (ACE) has received a reaffirmation of its credit ratings from ICRA Limited. The long-term rating is maintained at [ICRA]AA with a Stable outlook, indicating a high degree of safety regarding financial obligations. Additionally, short-term ratings and commercial paper ratings have been reaffirmed at the highest level of [ICRA]A1+. This reaffirmation underscores the company's robust financial profile and creditworthiness in the construction equipment sector.