MAY 25·economictimes.indiatimes.com▲
Pine Labs Q4 revenues up 24% to Rs 515 crore, net profit at Rs 67 crore
Pine Labs reported Q4 FY26 operating revenues of Rs 515 crore, up 24% year-on-year, and net profit of Rs 67 crore, up 81% from Rs 37 crore. Total expenses were Rs 490 crore. For FY26, operating revenues were Rs 1,926 crore and net profit Rs 149 crore. The company said it raised Rs 2,080 crore in fresh IPO capital, mainly for debt repayment.
MAY 14·Business Wire→
Constellation and Pine Creek RNG Announce Equity Purchase Agreement in RNG Facilities
Constellation (Nasdaq: CEG) and Pine Creek RNG have announced a long-term agreement, involving Constellation's purchase of a minority equity interest in five of Pine Creek RNG's operating facilities. This acquisition strengthens Constellation's position in renewable natural gas (RNG) solutions and is expected to expand their RNG production capabilities by approximately 3.0 million MMBtus annually, in addition to the current 1.5 million MMBtus. The partnership aims to enhance sustainable natural gas options for customers and support decarbonization efforts by utilizing RNG derived from organic waste.