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DLF Achieves Debt-Free Status; Coforge Reports 4.4% Revenue Growth Amid Earnings Updates

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DLF has become gross debt-free for the first time since its IPO. Coforge reported a constant currency revenue growth of 4.4%, surpassing the 3.5% estimate, with a quantified labor code impact of ₹118 crore.

Bandhan Bank's net interest margin improved by 6 basis points quarter-on-quarter, and management suggested potential further softening in the cost of funds. United Spirits' Adar Poonawalla indicated a strong bid for RCB is expected soon.

Home First Finance's assets under management rose by 25%, and net interest income increased by 49% year-on-year. BlueStone's revenue grew by 27.5% year-on-year with same-store sales growth of 12.0%. NTPC Green signed a memorandum of understanding with the Uttar Pradesh government for renewable energy and green hydrogen projects.

IRB Infrastructure commenced tolling on the TOT-17 project, paying an upfront concession fee of ₹9,270 crore to NHAI. Sterlite Technologies collaborated with Colt Technology Services for fibre trials in London.

Adani Energy's EBITDA rose by 10% year-on-year, and revenue increased by 15.4%. Zensar Technologies' operating margin improved to 17.5%, despite a 1.3% decline in constant currency revenue. Ixigo's EBITDA rose by 23.8%, with a net profit increase of 56.13% year-on-year. Ashoka Buildcon secured a ₹308 crore order from the Public Works Department in Daman.

DLF Achieves Debt-Free Status; Coforge Reports 4.4% Revenue Growth Amid Earnings Updates
Jan 23, 2026, 11:23 PM

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