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Chilaw Plantations Profit Comparison (2024-2025)
Year-on-year growth in pre-tax profit in million LKR.
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Chhattisgarh achieves record Rs 16,625 crore mineral revenue, up 14%
Representative Image.File Photo Updated on: 05 Apr 2026, 7:20 am1 min readRAIPUR: The Chhattisgarh government has achieved a significant milestone in the mining sector through technical innovation and robust management.The state generated Rs 16,625 crore in mineral revenue, achieving 98 percent of its annual target for the financial year 2025–26. This accomplishment reflects the strength of the state’s mineral-based economy and the effectiveness of its administrative strategies with transparency, officials said. “Chhattisgarh recorded a 14 percent year-on-year increase in mineral revenue. This figure is more than double the average Compound Annual Growth Rate (CAGR) of 6 percent observed over the previous five years”, said P Dayanand, secretary, Mineral Resources Department.Officials attribute this surge to successful policy implementation and a strong monitoring framework established under the current administration’s "Good Governance" initiative.The record-breaking revenue is credited to various strategic interventions. Effective optimisation of dispatch routes for NMDC and other Public Sector Undertakings (PSUs), implementation of ‘Khanij 2.0’ (an IT-based platform that has significantly improved operational efficiency and oversight), use of technology to curb leakages and streamline mineral transport. In the current financial year, the state government plans to integrate minor minerals into the ‘Khanij 2.0’ platform to create a fully digital and unified mining ecosystem besides deploying drone-based surveillance on a wider scale to further strengthen the monitoring of mineral transportation with expanded use of Vehicle Tracking Systems (VTS). "The goal of the Chhattisgarh government is to ensure sustainable revenue growth while maintaining transparency, efficiency, and accountability in mineral resource management. These efforts will not only strengthen the state's economy but also ensure the availability of resources for vital development projects”, said Vishnu Deo Sai, chief minister.
Max Estates Jumps 7% as FY26 Pre-Sales Surge 5x to Record Rs 5,305 Crore
Synopsis: Driven by near-complete inventory absorption at Estate 128 in Noida and a blockbuster launch response at Estate 360 in Gurugram, Max Estates recorded Rs. 5,305 crore in pre-sales for FY26, a five-fold surge from Rs. 1,034 crore in FY25 sending its shares up 6.93 percent. Shares of a Delhi-NCR luxury real estate developer surged approximately 6.93 percent after the company disclosed its highest-ever annual pre-sales figure for FY26, citing an exceptional fourth quarter in which major project phases were launched and sold out in quick succession. The operational update captured a business that has moved from a single-project developer into a multi-city, multi-format platform within three years. With a market capitalization of Rs. 5,778.62 crore, the shares of Max Estates were trading at Rs. 354.90 per share, up 6.79 percent from its previous closing price of Rs. 332.35 apiece. It is trading at a P/E of 160.88. Pre-Sales and Collections Update Max Estates reported pre-sales of Rs. 5,305 crore for FY26, compared with Rs. 1,034 crore in FY25, a 413 percent year-on-year increase that few analysts would have modelled at the start of the fiscal year. Estate 128 in Noida drove a substantial share of this, recording nearly 100 percent absorption of launched inventory. Estate 360 in Gurugram positioned as an intergenerational luxury residential community, the company’s first of this format in the city drew overwhelming demand and contributed materially to the Q4 total. Cash collections, which are a more reliable indicator of financial health than booking values alone, grew approximately 46.93 percent year-on-year to over Rs. 1,100 crore for FY26. That collections growth lagged pre-sales growth by a wide margin is expected for a developer in ramp-up mode. The key question is whether construction milestones keep pace with the booking curve, since revenue recognition in Indian real estate accounting follows delivery, not sale. Commercial Portfolio and Pipeline While the residential numbers dominated the headline, the company’s office portfolio continued to generate steady income in the background. Max Towers and Max House maintained occupancy above 90 percent, providing a rental income buffer that partially offsets the lumpiness inherent in residential pre-sales. For FY27, Max Estates has disclosed a launch pipeline with an estimated Gross Development Value of Rs. 7,000-8,000 crore, spread across New Delhi, Gurugram, and Noida. The company is also eva...
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