Awfis Space Solutions Ltd has received final orders from the GST Department, dropping tax demands totaling ₹2.96 crore for FY20, FY24, and FY25. The orders, issued on April 30, 2026, eliminate liabilities of ₹58.67 lakh for FY20, ₹1.00 crore for FY24, and ₹1.37 crore for FY25. The company stated that the decision has no adverse financial implications. However, proceedings related to FY21–23 remain pending.
BMW Industries Ltd reported strong financial performance for the fourth quarter and full year ended March 31, 2026. In Q4 FY26, the company posted operating income of ₹209.5 crore, marking a 33.3% year-on-year increase, while profit after tax rose 88.1% to ₹33.16 crore. EBITDA for the quarter stood at ₹57.66 crore with a margin of 27.5%.
For the full year FY26, operating income stood at ₹665.23 crore, up 5.8% year-on-year, while profit after tax increased 8.1% to ₹81.12 crore. The company reported an EBITDA of ₹165.14 crore for the year.
BMW Industries also highlighted progress on its Greenfield Downstream Steel Complex in Bokaro, with Phase 1 expected to be commissioned in Q1 FY27. The total project cost is ₹803 crore, of which ₹252.7 crore has already been deployed. The company has secured a partnership with Indian Oil Corporation Limited for piped natural gas supply to the facility.
The board has recommended a final dividend of ₹0.43 per share for FY26, subject to shareholder approval.
Bajaj Auto Ltd has made available the audio recording of its Q4 and FY26 earnings conference call held on May 6, 2026, on its official website.
Hexaware Technologies Ltd has approved its audited standalone and consolidated financial results for the first quarter ended March 31, 2026. The company stated that the results will be published in newspapers and made available on its website.
One 97 Communications Ltd has submitted its Monitoring Agency Report for Q4 FY25. The report confirmed that there has been no deviation in the utilization of IPO proceeds. Out of ₹8,119 crore earmarked, ₹6,133 crore has been utilized, while ₹1,986 crore remains invested in bank deposits. Interest income of ₹13.02 crore has been transferred to the general purpose account.
R Systems International Ltd has granted 3,33,086 Restricted Stock Units (RSUs) to selected employees under its Management Incentive Plan 2023. The grant was approved on May 6, 2026.
E-commerce platform Meesho reported a significant reduction in losses for Q4 FY26. The company’s consolidated net loss narrowed by 88% year-on-year to ₹166.3 crore, compared to ₹1,391.4 crore in the same quarter last year. Revenue from operations increased 47.1% to ₹3,531.2 crore.
Total income for the quarter stood at ₹3,647 crore, while total expenses rose 44.4% to ₹3,807.1 crore. On a sequential basis, losses declined by 66% from ₹490.7 crore.
For the full year FY26, Meesho reduced its losses by 65.6% to ₹1,357.7 crore, while operating revenue grew 34.5% to ₹12,626 crore. The company’s net merchandise value (NMV) rose 43% year-on-year to ₹11,371 crore in Q4, with order volumes also increasing 43% to 71.7 crore orders.
