Govt Revises Fuel Taxes; Firms Report FY26 Results

Indian government imposed Rs 3/litre SAED on petrol exports and reduced diesel duty to Rs 16.5/litre, effective May 16, 2026.
Rolcon Engineering reported Q4 FY26 standalone net profit after tax of Rs 83.77 lakhs, down from Rs 192.80 lakhs YoY.
Surbhi Industries announced Q4 FY26 net profit after tax of Rs 87.73 lakhs with total income of Rs 775.89 lakhs.
Creative Castings posted Q4 FY26 net profit after tax of Rs 101.98 lakhs and total income of Rs 1,181.99 lakhs.