Page 14 - Corporate Earnings

Solex Energy net profit up 390% at Rs 42.79 cr in FY25 on higher revenues

Solar solutions provider Solex Energy on Tuesday posted 390 per cent jump in its net profit to Rs 42.79 crore for the fiscal year 2024-25, mainly on the back of higher revenues. The company's Earnings Per Share (EPS) rose to Rs 43.82, reflecting a 301 per cent year-on-year growth, a company statement said. According to the statement, Solex Energy also reported a remarkable 390 per cent increase in Profit After Tax (PAT), soaring to Rs 42.79 crore from Rs 8.73 crore in the previous year. The company delivered a robust performance, with consolidated revenues reaching Rs 665.82 crore, a significant 81 per cent year-on-year growth compared to Rs 368.02 crore in FY 2023-24, it stated. The stellar growth was driven by increased demand for solar modules, strategic execution of large-scale EPC projects, and geographical expansion in Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan, it added. Chetan Shah, Chairman & Managing Director, Solex Energy, said, "Our FY 2024-25 performance is

Zaggle Prepaid shares spike 8% after Q4 results; results analysis here

Zaggle Prepaid's stock rose as much as 8.22 per cent during the day to ₹396.7 per share

Japan's SoftBank Group Q4 results: Profit rises to $3.5 bn, beats estimates

The result compared with 231 billion yen profit for the same period the previous year and the 26.9 billion yen average loss from five analyst estimates compiled by LSEG

PG Electroplast Q4 result: PAT doubles to ₹146.38 cr on better operations

PG Electroplast Ltd (PGEL), a contract manufacturer of consumer electronics and home appliances, has reported a two-fold jump in consolidated net profit to Rs 146.38 crore in the March quarter of FY'25 led by strategic expansion in products, capacity and increase in operational efficiencies. It had posted a consolidated net profit of Rs 71.58 crore in the January-March quarter a year ago, according to a regulatory filing by PG Electroplast Ltd (PGEL) on Monday. PGEL's revenue from operations was up 77.4 per cent to Rs 1,909.85 crore in the March quarter. It was at Rs 1,076.57 crore in the corresponding quarter a year before. Total expenses of PGEL were Rs 1,749.79 crore in the March quarter, up 76.84 per cent. Its total revenue was up 78.68 per cent to Rs 1,929.72 crore in the March quarter. For the financial year ended March 31, 2025, PGEL's net profit was up two-fold to Rs 290.92 crore, from Rs 137.01 crore a year before. In FY25, PGEL's total consolidated income rose 77.73 per

Morepen Lab Q4 net profit falls 31% to ₹20.31 cr, income up 10% at ₹470 cr

However, the company's total income has increased by 10.1 per cent to Rs 470.46 crore, from last year's Q4 income of Rs 427.31 crore.

SRF Q4 net profit rises 24% to ₹526 crore on strong chemical sales

SRF reports ₹526 crore net profit in Q4 FY25, a 24 per cent rise driven by strong growth in chemicals, fluorochemicals, and performance films amid global volatility

Ather Energy Q4 results: Loss narrows to Rs 234.4 crore on higher revenue

The company reported a revenue of ₹676.1 crore in the fourth quarter, rises 29 per cent year on year(YoY) from last year's Q4 revenue of ₹523.4 crore

Bajaj Electricals Q4 profit jumps two-fold to Rs 59 cr, revenue rises 6.5%

Bajaj Electricals Ltd on Monday reported a two-fold jump in consolidated net profit to Rs 5,905 crore for the March quarter of FY25. The company had posted a net profit of Rs 29.31 crore in the corresponding quarter of the previous financial year, according to a regulatory filing. Its revenue from operations rose 6.5 per cent to Rs 1,265.47 crore in the March quarter compared to Rs 1,188.08 crore in the year-ago period. Bajaj Electricals' total expenses in the March quarter rose to Rs 1,231.77 crore. Its revenue from Consumer Products (CP) rose 8.38 per cent to Rs 994.01 crore in the March quarter from Rs 917.08 crore in the corresponding quarter of FY24. Its Lighting Solutions marginally rose to Rs 271.46 crore in the March quarter. Bajaj Electricals reported a total income of Rs 1,281.65 crore in the March quarter, marking a 5.87 per cent increase year-on-year. For the financial year ended March 31, 2025, Bajaj Electricals' net profit declined 2 per cent to Rs 133.42 crore, fro

LTIMindtree shares up 6% on securing its largest-ever $450 million deal

The computer software and consulting firm's stock rose as much as 7.7 per cent during the day to ₹4,977 per share

Birla Corp shares see best day in 5 years as stock rallies 20%; here's why

Birla Corp.'s stock rose as much as 20 per cent during the day to an upper circuit of ₹1,268.8 per share, the biggest intraday gain since May 26, 2020

REC Q4 results: Net profit rises 5.6% to Rs 4,304 cr, revenue up 17%

The company's revenue from operatuions has increased by 17 per cent to Rs 15,333.54 crore

Kalyan Jewellers Q4 results: Net profit increases 36% to Rs 187.605 crore

The jeweller had reported a net profit of ₹137.493 crore in the fourth quarter of financial year 2023-24

Asian Paints Q4 net profit drops 45% on muted demand and weak margins

Asian Paints' Q4 profit declined 45 per cent to Rs 692.1 crore as demand stayed muted, margins shrank and revenue dropped despite modest volume growth in paints

Titan Q4 net profit rises 13% to Rs 871 crore, income increases 18.8%

Titan, jewellery to watch conglomerate, reported total income of Rs 15,032 crore in the Q4 of FY25, the company had reported net income of Rs 12,653 crore in the Q4 of FY24

REC to focus on thermal, nuclear projects; targets zero NPAs by FY25

REC will increase focus on thermal and nuclear power projects while maintaining green lending goals, as it eyes zero NPAs by the end of FY25, says CMD Jitendra Shrivastava

IIFL Finance Q4 net profit down 41.6% on lower income, higher costs

IIFL Finance's Q4 FY25 net profit fell 41.62 per cent to Rs 251.36 crore as income from operations declined and impairment expenses rose sharply year-on-year

Mangalore Chemicals shares surge post Q4 results; earnings breakdown here

The company's stock rose as much as 6.23 per cent during the day to ₹239 per share

Satin Creditcare drops 4% after Q4 results; Here's why profit declined 67%

The microfinance lender's stock fell as much as 4.55 per cent during the day to ₹160.2 per share, the biggest intraday loss since April 7 this year

Dabur shares slip 4% as Q4 profit drops amid subdued demand; details here

Dabur's stock fell as much as 4.36 per cent during the day to ₹461.1 per share, the biggest intraday loss since April 7 this year

Voltas Q4 results: Profit more than doubles to Rs 236 cr, income up 13.8%

Home appliances maker Voltas on Wednesday reported over twofold rise in net profit at Rs 236 crore for March quarter FY25 driven by higher revenues. It had posted a net profit of Rs 111 crore in the January-March period of the preceding 2023-24 financial year, the company said in a regulatory filing. Total income increased to Rs 4,847 crore in the fourth quarter from Rs 4,257 crore in the same period a year ago. For the entire FY25, net profit increased multi-fold to Rs 834 crore from Rs 248 crore in FY24. The board of directors recommended a dividend of Rs 7 per share of face value of Re 1 per share for 2024-25. The Unitary Cooling Products business continued to maintain its growth momentum. Overall volume growth in FY25 was 36 per cent, with growth in certain allied categories, like air coolers over 70 per cent. Electro-mechanical projects and services segment revenue increased by 13 per cent to Rs 4,157 crore in FY25, compared to Rs 3,683 crore in FY24. Losses reduced from Rs