Latest news with #Swaraj
Business Standard
5 days ago
- Automotive
- Business Standard
Swaraj Engines spurts after Q1 PAT jumps 16% YoY to Rs 50 cr
Swaraj Engines jumped 3.96% to Rs 4,319.95 after the company's net profit surged 15.69% to Rs 49.97 crore in Q1 FY26 as against Rs 43.19 crore posted in Q1 FY25. Revenue from operations climbed 15.81% year on year to Rs 484.1 crore recorded in the quarter ended 30 June 2025. Profit before tax stood at Rs 67.17 crore in Q1 FY26, up 15.75% as against Rs 58.03 crore reported in Q1 FY25. The companys engine sales rose 17.2% year-on-year to 49,040 units in Q1 FY26, as against 41,849 units sold in the same period last year. Additionally, the company's operating profit for Q4 FY25 stood at Rs 67.10 crore, reflecting a growth of 15.21% compared to Rs 58.24 crore in the corresponding quarter of the previous year. Swaraj Engines is primarily engaged in the business of supplying engines to the Swaraj division of Mahindra & Mahindra (M&M).
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Business Standard
6 days ago
- Automotive
- Business Standard
This smallcap diesel engine maker's share rallies over 6% today; here's why
Swaraj Engines share price moved northward after the company posted a healthy set of June quarter of financial year 2026 (Q1FY26) results. SI Reporter New Delhi Swaraj Engines share price: Diesel engine maker Swaraj Engines share price was buzzing in trade on Tuesday, July 15, 2025, with the stock surging up to 6.38 per cent to an intraday high of ₹4,432.15 per share. At 1:20 PM, Swaraj Engines share price was trading 6.09 per cent higher at ₹4,419.90 per share. By comparison, BSE Sensex was trading 0.43 per cent higher at 82,605.67 levels. What triggered the up move in Swaraj Engines share price today? Swaraj Engines share price moved northward after the company posted a healthy set of June quarter of financial year 2026 (Q1FY26) results. The diesel engine maker's profit zoomed 15.7 per cent year-on-year (Y-o-Y) to ₹50 crore in Q1FY26, from ₹43 crore in the same quarter last year (Q1FY25). The revenue from operations jumped 15.8 per cent Y-o-Y to ₹484.1 crore in the June quarter of FY26, from ₹418 crore in the June quarter of FY25. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) soared 15.2 per cent annually to ₹67.1 crore in Q1FY26, from ₹58.2 crore in the same quarter previous fiscal year (Q1FY25). Meanwhile, Ebitda margin remained flat at 13.9 per cent Y-o-Y. About Swaraj Engines Swaraj Engines, established in 1985 and headquartered in Mohali, Punjab, is a specialised manufacturer of diesel engines primarily used in agricultural tractors. The company caters mainly to the Swaraj division of Mahindra & Mahindra Ltd., supplying engines ranging from 22 HP to over 65 HP. With a focus on quality and efficiency, the company plays a key role in supporting India's farm equipment sector through its reliable engine solutions. Originally promoted by Punjab Tractors and Kirloskar Oil Engines Ltd., Swaraj Engines benefited from Kirloskar's technical expertise in its early years. Following Mahindra & Mahindra's acquisition of a majority stake in Punjab Tractors, the Swaraj brand was fully integrated into Mahindra's Farm Division. Today, Swaraj Engines continues to operate with strong technical capabilities, modern manufacturing infrastructure, and the capacity to meet the engine requirements across the entire Swaraj tractor range. The market capitalisation of Swaraj Engines is ₹5,320.95 crore, according to BSE. The company falls under the BSE SmallCap category.
India Gazette
04-07-2025
- Politics
- India Gazette
Bajirao Peshwa's statue installed at NDA will inspire our future soldiers: Amit Shah
Pune (Maharashtra) [India], July 4 (ANI): Union Home Minister Amit Shah unveiled the statue of Shrimant Bajirao Peshwa I in Pune, Maharashtra, on Friday. In his address, the Union Home Minister said that Prime Minister Narendra Modi has given the mantra of 'Vikas Bhi Virasat Bhi,' under which it is crucial to make our 'thousands of years' old culture, its history and the inspiring figures, accessible to our youth and warriors, according to a release. He said that the land of Pune is the birthplace of the ethos of 'Swaraj'. Shah stated that in the 17th century, the voice of 'Swaraj' emerged from Pune, and when the time came for the people to fight for 'Swaraj', against the British, it was Lokmanya Bal Gangadhar Tilak Maharaj who was the first to demand it. He added that Veer Savarkar, from the land of Maharashtra, set an example demonstrating how much one person can do for their country in a lifetime. Amit Shah said that while many statues of Peshwa Bajirao have been installed across the country, the most fitting place for a memorial for him is the National Defense Academy (NDA) in Pune. He noted that the future leaders of India's three armed forces are trained in the academy. Shah added that if our future soldiers draw inspiration from Bajirao Peshwa and learn from his life, no one would dare to challenge India's borders for ages to come. Union Home Minister said that some of the principles of the art of warfare are timeless and eternal. He stated that strategy, speed, dedication, patriotism, and the spirit of sacrifice are what lead armies to victory in war. Shri Shah noted that Bajirao Peshwa fought 41 battles in a span of 20 years and emerged victorious in all of them. He added that the NDA Academy is the most fitting place for the statue of a brave warrior like Bajirao Peshwa, who never allowed defeat to come near him throughout his life. Amit Shah said that with his skills, strategy, and the help of brave companions, Bajirao Peshwa turned many lost battles into victories. He stated that Bajirao Peshwa destroyed the symbols of slavery wherever they existed and lit the lamp of freedom in their place. Shah noted that throughout his 20-year tenure, no one ever saw Bajirao Peshwa dismount from his horse. He added that Bajirao Peshwa undertook the construction of Shaniwarwada, implemented water management systems, and fought against many social evils. The Home Minister said that some people refer to Bajirao Peshwa as a divinely gifted commander, an invincible warrior, and the greatest disciple of Shivaji, Bajirao Peshwa. He emphasised that Bajirao fought all his battles not for himself but for the nation and 'Swaraj'. Shri Shah concluded that Bajirao Peshwa fought every battle for his motherland, religion, and Swaraj, creating an immortal history that no one will be able to replicate for centuries to come. He said that in his short lifespan, Chhatrapati Shivaji Maharaj, not only established Hindavi Swaraj but also instilled the values of Swaraj in the hearts of the youth. He stated that after Shivaji Maharaj, many individuals carried forward his tradition, ensuring that the flame of Swaraj never gets extinguished. Shri Shah added that if the Peshwas had not continued the fight for independence started by Shivaji Maharaj for 100 years, then the original essence of India would not have been the same as it is today. Shah said that whenever despair begins to creep into life, the thoughts of young Shivaji Maharaj and Shrimant Bajirao Peshwa come to mind, driving despair far away. He stated that the responsibility of building the India envisioned by Shivaji Maharaj lies with 140 crore Indians. He added that whenever the need arises to preserve Swaraj, our armed forces and leadership will undoubtedly fulfill this duty, with Operation Sindoor being an example of this. Shri Shah said that alongside 'Swaraj', creating a great India was also Chhatrapati's vision--a nation that, by the centenary of independence, stands foremost in every field. He emphasized that there is no better figure in our history than Shrimant Bajirao Peshwa to inspire the effort, dedication, and sacrifice needed to achieve this life goal. On this occasion, Maharashtra Chief Minister Devendra Fadnavis, Deputy Chief Ministers Shri Eknath Shinde and Shri Ajit Pawar, and Union Minister of State for Cooperation Murlidhar Mohol, along with many other dignitaries, were present. (ANI)
Time of India
04-07-2025
- Politics
- Time of India
Op Sindoor shows our force's commitment to Swaraj: Shah
Pune: Union home minister on Friday said was an example of how the Indian armed forces and leadership were committed to defending the of India, established by and expanded by Peshwa Bajirao-I. Tired of too many ads? go ad free now Shah was at the National Defence Academy (NDA), where he unveiled the equestrian statue of Peshwa Bajirao-I. Chief minister Devendra Fadnavis and both the deputy chief ministers, Eknath Shinde and Ajit Pawar, along with other dignitaries, were present at the event. Shah participated in an interactive session with the NDA cadets after the statue unveiling ceremony. Remembering Peshwa Bajirao-I on the occasion, Shah said, "Bajirao fought 41 wars in his life and remained undefeated. The young cadets of the NDA will derive a lot of inspiration by studying his warfare skills. The bravery and sacrifice shown by Bajirao will continue to inspire soldiers in the forces though warfare has changed over the centuries." The Union home minister said he himself got a lot of inspiration from iconic personalities like Chhatrapati Shivaji Maharaj and Peshwa Bajirao-I. He said, "Whenever I am surrounded by negative thoughts, I remember the valour of young Shivaji Maharaj and Peshwa Bajirao. Shivaji Maharaj established Swaraj, and continuing with his legacy, Peshwa Bajirao expanded Swaraj in the length and breadth of undivided India despite the hostile conditions around them." He said, "The responsibility to defend the hard-earned Swaraj lies with the 140 crore Indians. Icons like Shivaji Maharaj and Peshwa Bajirao fought hard to establish Swaraj, and when it is required to defend it, our forces and leadership will demonstrate valour. Tired of too many ads? go ad free now Operation Sindoor was one of the finest examples." Chief minister Devendra Fadnavis said, "Britishers, and even some Indians, tried to omit some historical events after the Mughal era. As a result, some generations could not get to know about some of the greatest warriors of the country. Our Prime Minister took efforts and made sure that the history of these great warriors reached the present generation."
NDTV
02-07-2025
- NDTV
Video: Men On Tractors Perform Stunts In Gurugram's CyberHub
A group of men were caught on camera performing stunts on tractors in Gurugram's upscale Cyber Hub area. The videos show the men recklessly driving tractors at high speed, smashing through plastic spring bollards installed for traffic regulation, and performing stunts to Haryanvi and Punjabi music. They drove the tractors through the busy corporate district with no regard for traffic norms. Apart from endangering their own lives, they put pedestrians and fellow commuters at serious risk. The reckless stunt parade extended into Gurugram's posh DLF locality, where vehicle owners were seen swerving to avoid collisions. The video shows them using two modified vehicles - a red Swaraj tractor with the name "Shera" painted on it, and a green tractor marked "Snipe". Multiple individuals were seen riding the vehicles while performing gestures and stunts in motion, seemingly for social media reels. Men on tractors perform dangerous stunts in Gurugram's cyberhub. — Medha Bhattacharjee (@Medhabh2907) July 2, 2025 In a more serious violation, they also took their stunt tractors onto the Delhi-Gurugram Expressway, where such vehicles are explicitly prohibited. Witnesses said frightened drivers of other vehicles were forced to swerve out of the way, risking accidents. This reckless behaviour comes after a hard-hitting observation by the Punjab and Haryana High Court, which recently ruled that such public road stunts could amount to culpable homicide. In a December 2024 case, Justice Anoop Chitkara stated that individuals who perform stunts on public roads using modified vehicles, fully aware of the potential for fatal outcomes, cannot be excused as merely rash or negligent drivers. "When someone does stunts on a public road, endangering public safety... the act would fall in the definition of culpable homicide," Justice Chitkara said, as per Live Law. Yashish Yadav, President of the Dwarka Expressway RWA Association, called the act a dangerous trend fuelled by the race for social media likes and followers, as per Dainik Bhaskar. He urged the administration to take strong legal action to prevent such incidents in the future.
