Warburg Pincus-backed Fusion Finance anticipates profitability in the second half of the current fiscal year, marking a turnaround after six consecutive quarters of net losses. The company plans to call for the second tranche of ₹400 crore from investors and aims to increase monthly loan disbursals to ₹550-600 crore from January onwards.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO