IJR News — today's news from every side
+4 Derek Foss Issuing warrants on top of the $30 million deal means taxpayers are taking extra risk for a company that still needs to prove it can turn a profit.+4 Chris Dalton I wonder if the money will go mostly to new plants or just upgrades at existing bottling sites.
Ramkrishna Forgings Q1FY27 Revenue 12.17B, Profit 46.88cr Business — Jul 24, 2026 Ramkrishna Forgings posted solid Q1 FY27 with consolidated revenue around ₹1,216.7-₹1,217 crore and net profit of ₹46.88 crore, with EBITDA margin expanding to 17.96% as the company approved ₹170.52 crore in capex to add capacity including a 4,000-tonne press line and passenger-vehicle components. The results reflect growth across domestic and export markets and ongoing diversification into railways, oil and gas, mining, aerospace, and non-ferrous forgings. SRF posts 76% Q1 profit jump, revenue up x/srf-limited — Jul 22, 2026 SRF reported Q1 FY27 consolidated net profit of ₹758.9 crore on revenue ₹5,033 crore, up about 76% and 32% respectively, with EBITDA around ₹1,237 crore and margin of 24.6%, and the board declared an interim dividend of ₹5 per share. The quarterly gains were broad-based, led by the Performance Films & Foil, Chemicals, and Technical Textiles segments, with a ₹250 crore capex plan to build a 25,000 MTPA BOPET thick-film line to diversify and mitigate cyclicality. +3 Gum Creek poised for 2028 gold production Business — Jul 21, 2026 Horizon Gold's Definitive Feasibility Study for the Gum Creek project confirms a financially robust open-pit development targeting first production in the second half of 2028, with about 98,000 ounces per year in the first five years and 880,000 ounces recovered over 10 years, supported by a A$350 million capex and AISC of A$2,995/ounce. The project offers a pre-tax free cash flow of about A$1.854 billion, an NPV5 of about A$1.307 billion, and a 53.1% IRR, with a 23-month payback and a Final Investment Decision planned for Q2 2027 and construction in late 2027, while potential upside includes underground and sulphide resources.
