Strong Earnings Growth Across Businesses With Robust Asset Quality; Raised Rs 4,000 Crore

* Growth Capital Via Pref. Allotment, onboarding IFC

* Consolidated Profit after Tax grew 40% y-o-y to 1,175 crore

* Consolidated Revenue1 grew 29% y-o-y to 14,731 crore

* Total lending portfolio grew by 32% y-o-y and 6% q-o-q to 2,19,289 crore

* HFC AUM grew by 50% year-on-year and crossed 50,000 crore

* Mutual fund quarterly average AUM grew 6% y-o-y to 4,27,675 crore

* Life insurance individual first year premium grew 20% y-o-y to 952 crore

* Health insurance gross written premium increased 50% y-o-y to 2,196 crore

* Raised equity growth capital of 4,000 crore via preferential allotment from Promoters and International Finance Corporation

Aditya Birla Capital Limited (“The Company”) announced its financial results for the quarter ended June 30, 2026.

The consolidated revenue1 grew by 29% year-on-year to ₹ 14,731 crore in Q1 FY27. The consolidated profit after tax grew by 40% year-on-year to ₹ 1,175 crore in Q1 FY27. The overall lending portfolio (NBFC and HFC) grew by 32% year-on-year and 6% sequentially to
₹ 2,19,289 crore as on June 30, 2026. The total AUM (AMC, life insurance and health insurance) grew by 36% year-on-year to ₹ 7,52,745 crore as on June 30, 2026. The life insurance individual first year premium grew by 20% year-on-year to ₹ 952 crore in Q1 FY27 and health insurance gross written premium grew by 50% year-on-year to ₹ 2,196 crore in Q1 FY27.

Key Business Highlights:

NBFC Business

Disbursements grew by 34% year-on-year to ₹ 21,201 crore

AUM grew by 28% year-on-year and 5% sequentially to ₹ 1,67,456 crore

Profit before tax grew by 32% year-on-year and 10% sequentially to ₹ 1,222 crore

Return on assets increased by 14 bps year-on-year and 8 bps sequentially to 2.39%

· Gross stage 3 ratio improved by 97 bps year-on-year and 3 bps sequentially to 1.30%

Housing Finance

Disbursements grew by 39% year-on-year to ₹ 7,515 crore

AUM grew by 50% year-on-year and 9% sequentially to ₹ 51,833 crore

Profit before tax grew by 95% year-on-year and 18% sequentially to ₹ 300 crore

Return on assets increased by 53 bps year-on-year and 5 bps sequentially to 2.12%

· Gross stage 3 ratio improved by 22 bps year-on-year and 3 bps sequentially to 0.41%

AMC Business

Mutual fund quarterly average assets under management grew by 6% year-on year to 4,27,675 crore

Equity QAAUM grew by 10% year-on-year to ₹ 1,98,722 crore

Individual monthly average assets under management grew by 3% year-on-year to 2,10,606 crore

Profit after tax grew by 12% year-on-year to ₹ 309 crore

Life Insurance Business

Individual First Year Premium (FYP) grew by 20% year-on-year to ₹ 952 crore

Group new business premium increased by 74% year-on-year to ₹ 1,281 crore

Renewal premium grew by 19% year-on-year to ₹ 2,345 crore

Net value of new business (VNB) margin increased by 756 bps year-on-year to 15.1%

Absolute net VNB grew by 153% year-on-year to ₹ 167 crore

Health Insurance Business

Gross written premium grew by 50% year-on-year to 2,196 crore

Standalone health insurer market share increased by 200 bps year-on-year to 16.2%

Combined ratio improved to 106% (Q1 FY26: 107%)

During Q1 FY27, the Company raised equity growth capital of Rs. 4,000 crore - Rs. 2,880 crore from Grasim Industries Limited (Promoter), Rs. 200 crore from Suryaja Investment Pte Limited, Singapore (Promoter Group entity) and Rs. 920 crore from International Finance Corporation (IFC) - via preferential allotment of shares. A large majority of the proceeds from the raise i.e. 87.5% will be utilised for meeting the growth objectives of the NBFC business and 12.5% for other general corporate purposes, including investments in subsidiaries/JV/associates.

The Company continues to strengthen its digital platforms to enable seamless customer onboarding and service delivery. The Company’s D2C platform, ABCD offers a comprehensive portfolio of more than 26 products and services such as payments, loans, insurance, and investments. The platform has witnessed a strong response with about 1.2 crore customer acquisitions as of June 30, 2026.

The comprehensive B2B platform for the MSME ecosystem, Udyog Plus, offers seamless, paperless digital journey for business loans, supply chain financing and a host of other value-added services. It has scaled up significantly with over 24 lakh registrations and reached an AUM of ₹ 6,229 crore as of June 30, 2026.

The Company also continues to expand its physical footprint with a pan-India presence of 1,759 branches across all businesses as of June 30, 2026. The branch expansion is targeted at driving penetration into tier 3 and tier 4 towns and new customer segments.

About Aditya Birla Capital Limited

Aditya Birla Capital Limited (“ABCL”) is a listed systemically important non-deposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses. Through its subsidiaries/JVs, ABCL provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by about 66,500 employees, the businesses of ABCL have a nationwide reach with 1,759 branches and more than 200,000 agents/channel partners along with several bank partners.

Aditya Birla Capital Limited is a part of the US$ 72 billion global conglomerate Aditya Birla Group, which is in the league of Fortune 500 and has a consolidated market cap of over US $118 billion, as of 1 June 2026. Anchored by an extraordinary force of over 227,500 employees, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, the Group’s businesses have grown into global powerhouses in a wide range of sectors - from metals to cement, fashion to financial services and textiles to trading. Today, over 42% of the Group revenues flow from overseas operations that span 41 countries across six continents with over 600 state-of-the-art manufacturing units. For more information, visit www.adityabirlacapital.com  

Sony India Transforms Cinema Experience For Indian Customers By Launching Its 115 (292 cm) True RGB Television

Photo Caption: Mr. Sunil Nayyar, Managing Director, Sony India and Mr. Nezu Daisuke, Global Head of Home Product Business Division, Home Entertainment Business Unit, Sony Corporation, unveiled the flagship BRAVIA 9II 115 (292 cm), Sony's largest-ever BRAVIA television, further expanding the True RGB BRAVIA portfolio and reinforcing Sony's vision of bringing an authentic cinematic experience into consumers' homes.

* Sony completes its True RGB television lineup, bringing the industry's most immersive large-screen cinematic experience powered by Sony's proprietary RGB Backlight Master Drive Pro

Sony India today announced its flagship BRAVIA 9II lineup with the introduction of the new 115 (292 cm), the largest BRAVIA television ever by Sony. The new flagship combines the immersive scale of an unprecedented large screen with Sony's advanced True RGB technologies to deliver an unparalleled cinematic viewing experience. Sony's True RGB BRAVIA portfolio now spans from 55 (140 cm) to 115 (292 cm), offering consumers the same authentic true to life cinematic picture quality across a complete range of premium screen sizes.

With the introduction of the flagship BRAVIA 9II 115 (292 cm), Sony further advances its "Cinema is Coming Home" vision with acclaimed filmmaker and Sony BRAVIA brand ambassador S.S. Rajamouli, who has represented the brand since 2024 and continues to champion Sony's True RGB technology for Indian audiences. Reaffirming this shared vision, the complete BRAVIA portfolio brings together breathtaking scale, lifelike colour reproduction, studio-grade picture quality and immersive sound to recreate cinema as filmmakers intended.

Sunil Nayyar, Managing Director, Sony India, said, " At Sony, our vision has always been to bring the magic of cinema into every home. With the launch of the new 115 (292 cm) BRAVIA, reflects Sony's continued commitment to bringing 'Cinema is Coming Home.' With a complete True RGB portfolio spanning 55 (140 cm) to 115 (292 cm), Sony continues to redefine premium home entertainment by delivering authentic cinematic experiences across every screen size while setting new benchmarks in premium large-screen entertainment"

Nezu Daisuke, Global Head, Home Product Business Division, Sony Corporation, said, “At Sony, we believe the future of premium television lies in faithfully reproducing the creator’s intent and delivering an experience that brings audiences closer to the original vision. With the introduction of the 115 (292 cm), we are pushing the boundaries of home entertainment by bringing an unprecedented, cinema-like experience into the home. Powered by our innovative True RGB technology and BRAVIA XR Processor, it delivers exceptional color accuracy, stunning contrast, and remarkable realism, allowing viewers to experience content exactly as the creators intended.”

Sony's True RGB Technology

Powered by Sony's proprietary RGB Backlight Master Drive Pro, the BRAVIA True RGB TVs independently controls the RGB LEDs to achieve the largest colour volume in Sony's home TV history, delivering a wide colour gamut, exceptional contrast, lifelike depth, and smooth gradation. X-Wide Angle Pro ensures vibrant, accurate colours and consistent picture quality from virtually every viewing angle.

The TVs are further enhanced by Luminance Booster Pro, which boosts brightness while maintaining colour accuracy for brighter highlights and greater realism. Smooth Colour Gradation minimises colour banding to deliver natural tonal transitions and finer details. Immersive Black Screen Pro (available on BRAVIA 9II models excluding the 115 (292 cm) variant, a glare-free, low-reflection screen treatment that enhances black levels and reveals greater detail in darker scenes excluding 115 (292 cm).

Complementing the cinematic experience, with the 115 (292 cm) BRAVIA 9II, consumers now will experience Acoustic Multi-Audio+ with a 12-speaker system comprising two subwoofers, eight full-range speakers, and two tweeters, delivering powerful, immersive sound with enhanced dialogue clarity.

Powered by Google TV, The True RGB televisions bring together movies, TV shows, apps and games into a personalized entertainment experience. Gemini for Google TV will be introduced via a future over-the-air update, enabling more natural AI-powered interactions.

Sony's Complete True RGB BRAVIA Portfolio

With the launch of the new 115 (292 cm) BRAVIA 9II, Sony now offers a complete True RGB television portfolio across premium screen sizes:

BRAVIA 7II: 55 (140 cm), 65 (165 cm), 75 (190 cm) and 85 (215 cm)

BRAVIA 9II: 75 (190 cm), 85 (215 cm) and the new 115 (292 cm)

As larger screens become central to how consumers experience movies, gaming and live sports, Sony continues to elevate home entertainment by delivering premium technologies that faithfully recreate the cinematic experience.

Price and Availability

Sony's True RGB television portfolio now spans screen sizes from 55 (140 cm) to 115 (292 cm) offering consumers a wider choice of premium televisions across different home entertainment needs.

The True RGB Televisions, BRAVIA 9II and BRAVIA 7II will be available across Sony retail stores (Sony Centre and Sony Exclusive), ShopatSC.com, leading electronic outlets and major e-commerce platforms across India.

 

Model	Screen Size	MRP (INR)	Best Buy (INR)	Availability
BRAVIA 9II	75 (190 cm)	8,39,900/-	5,39,990/-	Available now
	85 (215 cm)	9,89,900/-	6,69,990/-
	115 (292 cm)	45,99,900/-	28,99,990/-	Available soon
BRAVIA 7II	55 (140 cm)	3,59,900/-	2,21,990/-	Available now
	65 (165 cm)	4,39,900/-	2,74,990/-
	75 (190 cm)	6,19,900/-	4,19,990/-
	85 (215 cm)	7,19,900/-	5,29,990/-

 

About Sony India Pvt. Ltd.

Sony India Private Limited (Sony India), a private limited company with its ultimate holding company as Sony Group Corporation, Japan, has established itself as a premium brand in various product categories including television, digital imaging, personal audio, home entertainment, gaming, car audio, and professional solutions. The company places a strong emphasis on customer satisfaction and maintains high standards in sales and services. Sony also prioritizes environmental sustainability, aiming to achieve a zero environmental footprint throughout the lifecycle of its products and business activities to contribute to a healthier and enriched life for all of humanity and future generations.

Aurionpro Appoints Industry Veteran David Maitland As Chief Strategy Officer For Its Transit business

Aurionpro Solutions Limited (BSE: 532668 | NSE: AURIONPRO), a global leader in transit and banking technology solutions, today announced the appointment of David Maitland as Chief Strategy Officer for its Transit business.

In his new role, David will lead the strategic agenda for Aurionpro Transit, with a focus on accelerating global growth, strengthening customer engagement, identifying new market opportunities, and driving innovation across the company's transit, mobility, and airport solutions portfolio.

David brings more than two decades of leadership experience across global transit operations, payments, and technology sectors, having worked extensively in Europe, Asia, the US, and Canada. He joins Aurionpro from Cubic Transportation Systems, where he served as Chief Growth Officer and led strategic growth initiatives across international markets. Prior to Cubic, David was the CEO of Vix Technology where he rebuilt the company’s profitability and reshaped its growth strategy.

Prior to moving into the transport and payments industry, David spent 10 years as the Main Board Director of Corporate Services and Chief Information Officer at AWE plc, and an early career at Ford Motor Company. David holds degrees in Psychology and Business Management and is a Fellow of the British Computer Society.

Speaking on his appointment, David Maitland, Chief Strategy Officer, Transit Business, Aurionpro Solutions, said:

"Aurionpro has established itself as a trusted technology partner delivering innovative solutions for the global transit industry. I am excited to join the company at such an important stage of its growth journey and look forward to working with the talented team to further strengthen our strategic direction, deepen customer partnerships, and accelerate innovation across our Transit business."

Commenting on the appointment, Sanjay Bali, President - Tech Innovation Group, said:

“David is a highly accomplished global leader with an impressive track record of driving business transformation and growth across the transit and mobility ecosystem. His deep industry expertise and strategic vision will play a pivotal role as we continue to strengthen our Transit business, expand our global presence across Europe and the Americas, and deliver innovative solutions that create greater value for our customers. We are delighted to welcome David to the Aurionpro leadership team."

About Aurionpro Solutions: Aurionpro Solutions Ltd. (BSE: 532668 | NSE: AURIONPRO) is a global enterprise technology leader pioneering intuitive-tech through deep-tech IPs and scalable products. With a strong presence across Banking, Payments, Mobility, Insurance, Transit, Data Centers, and Government sectors, Aurionpro is setting new benchmarks for AI innovation and impact. Its B2E (Business-to-Ecosystem) approach empowers entire ecosystems, driving growth, transformation, and scale across interconnected value chains. Backed by 3,000+ experts and a global-first mindset, Aurionpro is built to lead the next. For more information, visit us at www.aurionpro.com

India Records Its Highest Average Cost Of A Data Breach At INR 255 Million (INR 25.5 Crore) In 2026: IBM Report

* Phishing, including voice and SMS phishing, was the most common initial attack vector in India

* 68% of Indian organizations surveyed still have limited or no use of AI and security automation

IBM has released its 2026 Cost of a Data Breach Report, which found that the average total organizational cost of a data breach in India reached an all-time high of INR 255 million (INR 25.5 crore) in 2026, a 15.9% increase over last year's INR 220 million (INR 22 crore). The average breach in India also grew in scale, with 39,500 records compromised on average, up from 38,200 in 2025.

The report found that 26% of malicious breaches in India were AI-generated, highlighting how artificial intelligence is reshaping the cyber threat landscape by enabling attacks to become faster, more sophisticated and increasingly scalable. The findings show that while AI is transforming the nature of cyberattacks, it is also helping organizations strengthen cyber resilience. Organizations that extensively deployed AI and security automation experienced significantly lower breach costs and faster breach response, while nearly 73% of organizations also indicated plans to further strengthen investments in security tools and governance following a breach.

"India's accelerating AI adoption is creating immense opportunities for innovation, but it is also enabling cyber threats to evolve rapidly. The findings underscore that organizations using AI and strong governance, were significantly better positioned to fend off cyberattacks," said Gaurav Agarwal, Vice President, Technology, IBM India & South Asia. “Today, most organizations apply AI in limited ways, often focused on detection. To keep pace, AI with agentic capabilities must be embedded across the full security lifecycle—from detection and analysis to prioritization and remediation. That should be the strategic imperative for businesses to build resilience and a competitive advantage,” he added.

Other key findings from the report for India are as follows:

The AI Gap: Adoption Lags, Costs and Delays Rise

Automation Adoption Stalls: Only 32% of organizations reported extensive use of AI and security automation, while 36% reported limited and 32% reported no use at all.

The Cost of Standing Still: Organizations with no AI and automation in security operations paid an average of INR 316 million (INR 31.6 crore) per breach, compared to INR 213 million (INR 21.3 crore) for organizations with extensive use, and INR 231 million (INR 23.1 crore) for those with limited deployment.

Slower Response Without Automation: Breaches at organizations with no AI and security automation took an average of 236 days to identify and 75 days to contain, longer than those with extensive automation (175 days to identify and 81 days to contain).

Shadow AI Remains a Significant Risk: Shadow AI added an average of INR 17.9 million (INR 1.79 crore) to the cost of a breach where present, making it one of the top three cost-increasing factors in India, alongside non-compliance with regulations and cloud migration.

The Financial Cost of a Breach

Financial Services Face the Highest Costs: The financial services sector recorded the highest average breach cost in India at INR 409 million (INR 40.9 crore), followed by technology at INR 357 million (INR 35.7 crore) and communications at INR 345 million (INR 34.5 crore).

Phishing Remains the Top Attack Vector: Phishing, including voice and SMS phishing, was the most common initial attack vector in India (19%), followed by drive-by compromise (16%) and supply chain compromise (15%).

Offensive Security Pays Off: Offensive security testing, such as red teaming and penetration testing, was the largest cost-reducing factor in India, saving organizations an average of INR 24.7 million (INR 2.47 crore), followed by proactive threat hunting and AI governance technology.

Organizations Strengthen Cyber Resilience

Investment Priorities: The top five areas where organizations are planning additional security investments are – incident response plans and testing (67%), threat detection and response technologies such as SIEM, SOAR and EDR (51%), identity and access management (49%), AI security and governance tools (39%), and employee awareness and training (36%).

Download the Cost of a Data Breach 2026 Global Report to learn more.

About the Cost of a Data Breach Report 2026

The 2026 report, conducted by Ponemon Institute and sponsored and analyzed by IBM, is based on breaches experienced by 602 organizations globally between March 2025 and February 2026. The follow-on study was conducted in May 2026, where 456 organizations of the 602 from the CODB research responded. Of these organizations, 78% or 356 of organizations were aware of recent reports about highly advanced frontier models such as Mythos.

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.  

Yamaha Brings Back Popular MotoGP Editions On Customer Demand, Expands FZ Colour Palette

Reinforcing its rich racing legacy and commitment to performance enthusiasts, India Yamaha Motor Pvt. Ltd. today announced the return of the Monster Energy Yamaha MotoGP Edition on the R15 V4 and MT-15 Version 2.0, responding to strong customer demand for Yamaha’s iconic racing-inspired models.

The latest Monster Energy Yamaha MotoGP Edition of the R15 V4 and MT-15 Version 2.0 proudly showcases Yamaha’s signature MotoGP-inspired livery across the tank shrouds, fuel tank and side panels, reinforcing the brand’s racing DNA. Featuring distinctive race-bred graphics and premium styling elements, these special editions combine striking aesthetics with exhilarating performance.

Further strengthening its lineup, Yamaha has also introduced new colour options across its popular FZ range, led by the FZ-S Fi Hybrid and FZ-S Fi. The 2026 FZ-S Fi Hybrid is now available in an all-new Ice Storm colour scheme, while the existing Matte Black variant receives fresh, sporty graphics for a more dynamic and contemporary appearance. Meanwhile, the FZ-S Fi gets a new Metallic Black colour option, enhancing the motorcycle’s bold street presence with a more muscular, premium and aggressive look.

These updates further underscore the brand’s focus on offering a dynamic ownership experience while bringing Yamaha’s racing heritage and innovation closer to customers across India.  

 

Product	Starting Price in INR (Ex. Showroom, Delhi)
Yamaha R15 V4 MotoGP	1,76,050
Yamaha MT-15 MotoGP	1,77,230
Yamaha FZ-S Fi Hybrid	1,39,200
Yamaha FZ-S Fi STD	1,29,880

Introducing Nike Hybrid, A New Nike Training Performance Footwear System Built From The Ground Up

What is Nike Hybrid?
Nike Hybrid is a new Nike Training footwear system built for the unique demands of hybrid training and racing. Featuring the Nike Hybrid Fly and Nike Hybrid RN, it helps athletes move seamlessly between running, lifting and dynamic movement without sacrificing speed, stability or traction.

Why did Nike create it?
As hybrid training and racing continue to grow, athletes have been forced to choose between running shoes built for speed and training shoes built for stability. Nike Hybrid Fly and Nike Hybrid RN were created to solve that challenge.

What Nike innovations are included?
Nike Hybrid features two purpose-built solutions: Nike Hybrid Fly, a hybrid racing shoe designed for the unique demands of competition, and Nike Hybrid RN, a runnable trainer crafted for everyday hybrid training.

When are they available?
The Nike Hybrid RN will release in China on September 24 before becoming available globally on October 8 at nike.com and select retail locations. The Nike Hybrid Fly will launch globally in April 2027.

Nike is introducing Nike Hybrid: a new Nike Training performance footwear system built from the ground up to meet the unique needs of hybrid athletes.

Hybrid racing is growing fast, redefining the way athletes train, compete and think about performance. It’s fast, efficient and relentless. Athletes regularly shift between running, lifting and dynamic movement throughout training and competition, requiring performance across a wide range of movements and environments.

The demands of hybrid training and racing are constant, but traditional footwear has required compromise. Athletes have been forced to choose between the speed and responsiveness of a running shoe and the stability and grip of a traditional training shoe, often sacrificing one benefit to get the other.

The Nike Hybrid system was created to solve that challenge, delivering performance without compromise. Built from the ground up, the innovations distinctly serve hybrid athletes, from everyday training to the starting line.

Designed to support the full-body demands of hybrid racing, Nike Hybrid delivers two new distinct footwear solutions tailored to the way hybrid athletes train and compete. The Nike Hybrid Fly is built for race day. The Nike Hybrid RN is designed for everyday training. Together, they form Nike Hybrid, an evolving system of innovation built for the different ways athletes train and compete.

The innovations are rooted in athlete insight and powered by Nike’s proprietary performance platforms, such as Nike Air, ZoomX and ReactX foam, and carbon fiber Flyplate technology, which combine to offer unparalleled performance between hybrid movements such as sled pushes and pulls, lunges, rows, ski ergs and runs. Nike worked with elite hybrid athletes like Dylan Scott as well as everyday athletes to inform, refine and pressure-test the system against the demands of hybrid training and racing.

The Nike Hybrid Fly: Designed for the Future of Hybrid Racing

Built for the unique demands of hybrid racing, the Nike Hybrid Fly is engineered for competition. The shoe combines ZoomX foam, a full-length carbon Flyplate and dual forefoot Air Zoom units to help maintain speed on the run, where many athletes gain their greatest competitive advantage.

The cushioning system is paired with a wider, more stable base designed to increase traction and help athletes minimize the micro-adjustments often required when transitioning into station work. Additional features include race lockdown laces, four-zone traction with sticky rubber and sidewall wraps to help maximize grip and security across varied surfaces, and a lightweight engineered mesh upper reinforced with zoned haptic lines for structure and durability.

“I have always wanted a shoe that ran like the snappy carbon-plated shoes but found a way to put a stable footing and grip out on the race floor as well,” says Scott, Nike world champion hybrid athlete. “I kept finding that I could get two out of three of those aspects but never all three to come together until the Hybrid Fly. It was the shoe I trusted to get the job done, and it did.”

The Nike Hybrid RN: Built for Everyday Hybrid Training

Designed for everyday hybrid training, the Nike Hybrid RN combines ReactX foam and a forefoot Air Zoom unit to create a smooth, responsive ride while maintaining the stability athletes need for lifts. A wide outsole and X-shaped upper overlays help secure the foot during transitions, while a dual-rubber outsole delivers optimal traction across multiple surfaces. Engineered mesh construction helps keep athletes comfortable and supported throughout training.

“Hybrid asks a lot more of a shoe than road running does,” says Lauren Weeks, Nike world champion hybrid athlete. “You’re constantly switching between running and strength movements, so it makes sense to wear something solely designed for both. Having a shoe that can handle those demands lets you focus on your race or training instead of thinking about your footwear.”

Along with the Hybrid Fly, the Hybrid RN reflects Nike’s commitment to solving athlete problems through performance innovation and design, delivering purpose-built solutions for the unique demands of hybrid training and racing.

The Nike Hybrid RN will release in China on September 24 before becoming available globally on October 8 at nike.com and select retail locations. The Nike Hybrid Fly will launch globally in April 2027.  

Godrej Properties Achieves Highest First Quarter Booking Value With Net Profit Of INR 350 Crore For Q1 FY27

* Godrej Properties’ bookings grew 22% YoY to INR 8,651 crores.

* This is the highest first quarter booking value achieved by Godrej Properties.

* Collections grew by 18% YoY to INR 4,348 crores.

* Added INR 9,500 crore of future sales potential through portfolio additions in Q1 FY27.

* Net profit of INR 350 crore for Q1 FY27.

Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the first quarter ended June 30, 2026.

CORPORATE HIGHLIGHTS:

Sales highlights

Booking value in Q1 FY27 grew to INR 8,651 crores, a YoY growth of 22%. This was achieved through the sale of 3,738 units with a total area of 6.2 million sq. ft.

This is the 6th consecutive quarter in which GPL’s booking value has exceeded INR 7,000 crore.

This is the highest first quarter booking value achieved by Godrej Properties.

Booking value in the quarter was driven by strong demand in several new project launches including Godrej Vanantara (INR 3,237 crores) in Bengaluru, Godrej Samaris (INR 1,248 crores) in Gurugram and Godrej Brooklyn Avenue (INR 317 crores) in Hyderabad.

Bookings contribution were led by Bengaluru (44%), followed by MMR (21%), NCR (18%), Pune (11%) & Hyderabad (5%).

Collections and cashflow highlights

Q1 FY27 collections stood at INR 4,348 crore representing a YoY growth of 18%.

Q1 FY27 OCF stood at INR 399 crore

Construction and related outflow increased by 54% YoY in Q1 FY27.

Business development highlights

GPL has added 3 new projects with an estimated saleable area of approximately

8.0 million sq. ft. and expected booking value of INR 9,500 crore in Q1 FY27

GPL has achieved 48% of its annual guidance for business development for FY27 in the first quarter.

Other highlights

GPL has delivered 0.9 million sq. ft. of projects in Q1 FY27

Godrej Properties was included in TIME World’s Most Sustainable Companies 2026 the only real estate company in India to feature on the list.

Godrej Properties received Golden Peacock National Quality Award 2026

Commenting on the performance of Q1 FY27, Mr. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said:

“Godrej Properties delivered another solid quarter for bookings, collections, business development and earnings. We expect the sales momentum to continue for rest of the year led by strong end user demand across key markets. We remain on track to deliver on bookings of over INR 39,000 crore and collections of INR 24,000 crores for the year, which will allow us to generate approximately Rs. 9,000 crores of operating cash flow, which in turn will allow us to continue to invest in sustainable growth. We will continue to seek to gain market share through outstanding design, timely delivery, and high-quality developments.”

Financial Overview (Consolidated)

Q1 FY27 performance overview compared with Q1 FY26

Total Income declined by 16% to INR 1,337 crore as compared to INR 1,593 crore

EBITDA declined by 40% to INR 545 crore as compared to INR 915 crore

Net Profit declined by 42% to INR 350 crore as compared to INR 600 crore

EPS# amounted to INR 11.62 as compared to INR 19.92

About Godrej Properties Limited:

At Godrej Properties, part of the Godrej Industries Group, we are driven by a singular purpose: crafting joy. Over 100,000 families have found a home with us, making us India’s largest residential developer by both value and volume of homes sold. As part of the Godrej Industries Group, we combine a 129-year legacy of trust and excellence with a forward-looking vision to shape the future of urban India.

Our approach is anchored in thoughtful design, sustainability, thriving communities, and uncompromising quality. As of December 2025, we were ranked the number one real estate company worldwide on both the Dow Jones Best-in-Class Sustainability Indices and the Global Real Estate Sustainability Benchmark.