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IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26

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AUM as of June 2026, stood at ₹ 8,244 crore

MUMBAI, India, July 30, 2026 /PRNewswire/ — IndoStar Capital Finance, a retail focused, middle-layered non-banking finance company (NBFC) registered with the Reserve Bank of India, announced its financial results for the quarter ended June 30, 2026, earlier today.

IndoStar is focused on secured, high yielding lending across Used Vehicle Finance (VF) and Micro Loans Against Property (M-LAP), targeting the credit needs of underbanked, underserved and income-generating segments across tier 3, 4 & 5 markets.

Operational and Financial Highlights:

Disbursements stood at INR 1,235 crore during the quarter, registering a strong 44% growth over Q1 FY26.Asset under Management (AUM) increased to INR 8,244 crore, as of 30th June 2026, 6% growth over Q1 FY26.Net Interest Income stood at INR 219 crore, up 39% YoY, supported by improved portfolio yields and continued reduction in borrowing costs.Pre-provision operating profit (PPOP) stood at INR 93 crore, remaining stable as compared to the previous quarter. Profit after Tax (PAT) stood at INR 11 crore.The Company continued to strengthen its funding profile, with its weighted average cost of funds declining to 9.9% in Q1 FY27 from 10.7% in Q1 FY26, an improvement of 80 basis points. While incremental cost of fund stood at 9.1%.As of June 30, 2026, Gross Stage 3 assets stood at 4.84%, while Net Stage 3 assets were 2.48%.

Progress on strategic initiatives:

IndoStar continued to make progress on its key strategic priorities:

Credit Strengthening:Strengthened credit risk framework through enhanced underwriting, refined customer selection filters, proprietary scorecards and early warning systems.Digital Transformation:Continued to advance the digital lending journey through E-Application, E-NACH, E-Agreement and scorecard-based credit decisioning.Driving growth:Continued to scale the retail loan portfolio, supported by 3% QoQ growth in Vehicle Finance and 24% QoQ growth in Micro LAP.Branch Expansion:Expanded the branch network to 468 branches across 24 states and union territories, with the addition of 14 branches during the quarter.Leveraged the existing Vehicle Finance branch network to scale the Micro LAP business, expanding the Micro LAP network from 108 to 125 branches.

Key Performance Highlights (ICF Standalone):

Particulars (₹ in crore)

Q1 FY27

Q4 FY26

Q-o-Q %

Q1 FY26

Y-o-Y %

 Net Interest Income

219.5

214.7

2.2 %

158.0

38.9 %

 Operating expenses

129.4

121.5

6.5 %

139.3

-7.1 %

 Pre-provision operating profit

92.9

93.3

-0.4 %

18.9

391.5 %

 Profit/(loss) after tax

11.5

(424.0)

535.4

 CAR (%) Standalone

34.8 %

36.1 %

32.9 %

 Leverage (D/E)

1.5x

1.5x

1.7x

About IndoStar Capital Finance Limited

IndoStar is a non-banking finance company (NBFC) registered with the Reserve Bank of India classified as a middle layered NBFC. With Brookfield & Everstone as co-promoters, IndoStar is a professionally managed and institutionally owned entity engaged in providing used vehicle financing and secured loans to small business owners.

For more information, visit www.indostarcapital.com.

(BSE: 541336) (NSE: INDOSTAR) (ISIN: INE896L01010) (CIN: L65100MH2009PLC268160)

Safe Harbor

This document is to provide general background information about the Company’s activities as at the date of the release. The information contained herein is for general information purposes only and based on estimates and should not be considered as a recommendation that any investor should subscribe / purchase the company shares. The Company makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information contained herein. This release may include certain forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. These statements can be recognized by the use of words such as ‘expects”, “plans”, ‘will”, “estimates”, “projects”, or other words of similar meaning. Such forward-looking statements do not guarantee future performance and involve risks and uncertainties, and actual results may differ materially from those in such forward-looking statements as a result of various factors and assumptions which the Company believes to be reasonable in light of its operating experience in recent years. The risks and uncertainties relating to these statements include, but not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, our ability to manage our international operations, government policies, regulations, etc. The Company does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Company including to reflect actual results, changes in assumptions or changes in factors affecting these statements. Given these risks, uncertainties and other factors, viewers of this release are cautioned not to place undue reliance on these forward-looking statements. This release may contain certain currency exchange rates and the same have been provided only for the convenience of reader.

 

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Brook Gaming Officially Launches Sniper 2 Flagship Keyboard and Mouse Converter for Cross-Platform Console Gaming

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NEW TAIPEI CITY, Aug. 15, 2026 /PRNewswire/ — Brook Gaming, the leading Taiwanese gaming accessory brand, has officially announced the global launch of the “Sniper 2” flagship keyboard and mouse converter. Designed to bridge the gap between PC peripherals and gaming consoles, the Sniper 2 allows players to enjoy their favorite console games using familiar keyboard and mouse configurations.

Plug-and-Play Across Major Platforms 
The Sniper 2 delivers smooth and precise control across a wide range of platforms. It offers comprehensive support for PS5, PS4, Xbox Series X|S, Xbox One, Nintendo Switch, PC, mobile devices (iOS/Android), and the highly anticipated Nintendo Switch 2 (NS2). Compatible with major wired and 2.4 GHz wireless keyboards and mice from top brands like Razer, Logitech, ZOWIE, and ROG, the device features true plug-and-play functionality. Whether playing action RPGs, racing titles, or shooters, players can experience seamless control in any genre.

Personalized Control Center with Full-Color Display and Dedicated App
The Sniper 2 features a compact design equipped with a Full-Color Status Display to instantly show current system configurations, alongside customizable dynamic RGB ambient lighting.

To provide an optimized experience, the dedicated Brook Sniper 2 App (available for iOS and Android) serves as a personal control center. Users can easily customize DPI, X/Y axis sensitivity, remap controller buttons, configure macros, and adjust stick deadzones to combat drift. Additionally, players can download official Config profiles or share their own settings with the gaming community.

With over two decades of experience in hardware development, Brook Gaming remains committed to its “Your Game, Our Play” philosophy. The Sniper 2 represents a continuous breakthrough in cross-platform compatibility, offering players total freedom in how they play.

For More Information

Sniper 2 Official Page: 
https://www.brookaccessory.com/products/sniper2/index.htmlBrook Gaming Official Website: 
https://www.brookaccessory.com/

About Brook Gaming
With over 20 years of experience in gaming hardware design and manufacturing, Brook Gaming believes that gaming should not be limited by equipment. We are committed to breaking down platform barriers through innovative technology, fulfilling our brand promise: “Your Game, Our Play.” We will continue to stand at the forefront of player needs, redefining the infinite possibilities of cross-platform gaming with forward-looking products.

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Levels® Launches Strawberry and Unflavored Whey Protein Powders at Select Walmart Stores Nationwide

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The minimal-ingredient whey protein powders are now available in 1.48 lb canisters at select Walmart locations nationwide, along with single-serve sachets in Vanilla Bean and Double Chocolate.

JUPITER, Fla., Aug. 15, 2026 /PRNewswire/ — Today, Levels announced the launch of 1.48 lb canisters of Strawberry and Unflavored Whey Protein Powders, along with single-serve offerings in two of its most popular whey protein flavors, Vanilla Bean and Double Chocolate.

Levels® Launches Strawberry and Unflavored Whey Protein Powders at Select Walmart Stores Nationwide

These four products join Vanilla Bean and Double Chocolate 1.48 lb canisters already at Walmart stores across the U.S. The expanded flavor offerings broaden Walmart shoppers’ access to Levels’ whey protein, giving consumers new flavor and size options.

The Unflavored Whey Protein Powder boasts 25g of protein and 5.6g of BCAAs per scoop, with only two ingredients total. The Strawberry Whey Protein Powder contains 24g of protein and 5.4g of BCAAs per scoop, with only eight ingredients.

Both products hold the Clean Label Project® Purity Award. The rigorous testing screens for over 400 potential contaminants, including heavy metals, pesticides, and plasticizers, making it one of the most demanding certifications in the industry and one that’s held by less than 30% of brands in the space.

“Consumers are demanding better protein — products made with real ingredients they can actually trust,” said Blake Niemann, Founder & CEO of Levels. “Launching four flavors and sizes that are new to Walmart makes it easier than ever for people to enjoy high-quality whey protein made with minimal ingredients, transparent sourcing, and nothing artificial.”

“Walmart is a best-in-class retail partner for Levels, and we’re excited to bring new flavors and sizes to Walmart shoppers across the country. This continued expansion increases Levels’ Walmart distribution by nearly 120%, reinforcing the brand’s strong and growing presence at retail.”

In an industry beset by rising concerns about product safety and ingredient sourcing, Levels stands out with its radically simple approach and minimal 6–8 ingredient formulas. Levels sources grass-fed, hormone-free dairy to make its whey protein concentrate, the least-processed form of whey.

In addition to Walmart, Levels can be found at major retailers including Sam’s Club, Costco, Target, Kroger, Meijer, Wegmans, H-E-B, and Amazon. Levels products are also available online at levelsprotein.com and through leading retail websites.

About Levels
Founded by Blake Niemann, Levels was built on a simple belief: protein powder shouldn’t need a chemistry degree to understand. The brand builds its whey powders around high protein content, minimal ingredients, and flavors that are ridiculously good tasting — a formula that has driven distribution to a projected 10,000 retail locations and 30,000 points of distribution in 2026.

About Walmart
Bentonville, Arkansas-based Walmart Inc. (NYSE: WMT) serves customers at more than 10,500 stores and clubs in 19 countries, as well as at Walmart.com, with the purpose of saving people money so they can live better. Since 1962, Walmart has been committed to creating opportunities and bringing value to customers, associates, and communities around the world. Additional company information can be found by visiting the corporate website and press center.

Media Contacts
Deirdre O’Donoghue, Levels: deirdre@levelsprotein.com 

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SOURCE Levels®

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Creality Launches SPARKX i7 Nano: Bringing Compact Multi-Color Printing to $299

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HOUSTON, Aug. 15, 2026 /PRNewswire/ — Creality, a global leader in the 3D printing industry, today announced the availability of the SPARKX i7 Nano, the latest addition to its i7 series. This desktop 3D printer saves space while delivering premium print quality across up to four colors. With a minimalist design that fits easily on a desk, the i7 Nano makes multi-color 3D printing more compact, affordable, and accessible.

Following the January debut of the i7 Color Combo, the i7 Nano is also built for smarter, more effortless 3D printing. It integrates AI-powered capabilities that simplify both creation and printing, including CubeMe for automatically turning 2D portraits into multi-color 3D models. A built-in 720p AI camera monitors prints for common failures such as spaghetti and air printing, while vibration compensation and dynamic pressure adjustment help maintain consistent print quality.

Beyond these shared features, the i7 Nano comes with an integrated spool holder and optimized filament layout, taking up less desktop space and making it easier to fit into compact workspaces. The spool holder mounts directly onto the printer body with a convenient snap-on design, eliminating the need for an external CFS Lite. This compact solution keeps the printer’s footprint small while maintaining a clean appearance without compromising printing performance.

Paired with the new CFS nano Kit, a small unit mounted on top of the printer, the i7 Nano enables vibrant multi-color printing with automatic filament switching for up to four colors. The CFS nano features a dual-motor system, with one motor controlling filament channel switching and the other handling filament feeding and retraction. This ensures smooth and efficient color changes while keeping the overall setup streamlined. The CFS nano also allows quick installation without complex disassembly or modifications and is compatible with existing i7 units.

The i7 Nano features a build volume of 260 × 260 × 255 mm and a maximum printing speed of up to 500 mm/s. It supports a hardened steel nozzle with a maximum temperature of 300°C and multiple nozzle diameters, including 0.2, 0.4, 0.6, and 0.8 mm. It is also equipped with automatic bed leveling, RFID filament reading and automatic filament refill to deliver an easy-to-use and reliable printing experience for beginners.

The SPARKX i7 Nano with CFS nano Kit will be available starting from August 15 for $299 in the U.S. at the Creality US Store.

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SOURCE Creality

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