# Industry 2W production stood at 24.0Lakh(L) units in Mar-26, up 22.0% YoY, compared to 23.1L units in Feb-26.

*fintech · news · 2026-04-16 · The Hindu Business Line*

## Key points

- IMFA's 100,000 tpa Greenfield Ferro Chrome project is nearing final construction, with furnace commissioning set for June and September 2026.
- GTPL Hathway posted an FY26 net profit of ₹123.53 million but recorded a Q4 net loss of ₹139.26 million.
- Reliance Industrial Infrastructure Limited increased FY26 PAT to ₹12.39 crore despite lower total income and remains debt-free.
- Sychem (India) reported a cyber-financial fraud caused by WhatsApp impersonation, detected and disclosed to the BSE immediately.
- UFO Moviez secured exclusive rights to introduce China's Hollywood-approved CINITY Premium Large Screen Format in Indian cinemas.

**Companies:** SJS Enterprises, FIEM Industries, UFO Moviez India Limited, Indian Metals & Ferro Alloys Limited, GTPL Hathway Limited, Reliance Industrial Infrastructure Limited, yschem (India) Limited
**Countries:** India, China

[Read the full story on The Hindu Business Line](https://www.thehindubusinessline.com/markets/share-market-nifty-sensex-live-updates-16-april-2026/article70865685.ece)

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