Page 16 - Corporate Earnings

Adani Power Q4 results: Net profit down 5% to Rs 2,599 cr, revenue up 5%

Adani Power on Wednesday reported a 5 per cent decline in its consolidated net profit to Rs 2,599.23 crore in the January-March quarter of 2024-25 compared to the year-ago period mainly due to lower recognition of one-time items. The Adani group company had reported a net profit of Rs 2,737.24 crore in the quarter ended on March 31, 2024, a company statement said. "The Profit After Tax (PAT or net profit) for Q4 FY25 was similar at Rs. 2,599 Crore to the PAT for Q4 FY24, affected by lower recognition of one-time items," it said. A company official in a separate statement said, "In Q4 FY24, APL's (Adani Power Ltd) PAT (net profit) had non-recurring items like higher refund received from government authorities and gain on sale of unutilized assets. These were at a lower level this quarter. The pre-tax impact of these items is about Rs 350 crore." Consolidated continuing total revenue for Q4 FY25 is higher by 5.3 per cent at Rs 14,522 crore against Rs 13,787 crore in Q4 FY24; primari

Equitas Small Finance Bank Q4 net profit declines 80% to Rs 42 crore

Equitas Small Finance Bank on Wednesday posted a 80 per cent decline in net profit to Rs 42.11 crore during the March quarter, mainly due to increased provisioning. The bank had posted a net profit of Rs 207.62 crore in the year-ago period. Its total income rose to Rs 1,869.41 crore during the January-March period of FY25 from Rs 1,685 crore in the year-ago period, Equitas Small Finance Bank said in a stock exchange filing. On the asset quality front, the bank's gross non-performing assets (NPAs) ratio rose to 2.89 per cent in the quarter under review against 2.61 per cent a year ago. However, net NPAs, or bad loans, improved to 0.98 per cent from 1.17 per cent at the end of the fourth quarter of the last fiscal. The total value of gross NPAs was at Rs 1,068 crore during the quarter under review, higher than Rs 821.3 crore in the January-March quarter of FY24. The bank's provisions, other than taxes, and contingencies rose to Rs 258 crore from Rs 107 crore. The bank's net worth s

Coromandel International Q4 results: Net profit rises 73% to Rs 384 crore

The fertiliser maker's consolidated pre-tax profit rose to Rs 384 crore ($45.38 million) in the quarter ended March 31, from Rs 222 crore a year earlier

Ujjivan SFB Q4 results: PAT slumps 75% to Rs 83 cr, income rises 4.4%

Ujjivan Small Finance Bank (SFB) on Wednesday reported a slump of 75 per cent in net profit to Rs 83.39 crore for three months ended March 2025, hurt by higher provisions for bad loans. The bank had posted a net profit of Rs 329.63 crore in the year-ago period. Its total income rose to Rs 1,843 crore in the January-March quarter of the financial year 2024-25 (FY25) from Rs 1,765 crore in the year-ago period, Ujjivan Small Finance Bank said in a regulatory filing. Overall provisions, excluding tax, rose to Rs 264.50 crore in the quarter under review from Rs 79 crore in the same quarter a year ago. Provision Coverage Ratio of the bank stood at 78 per cent at the end of the March 2025 quarter. The bank's total expenditure, excluding provisions, shot up to Rs 1,483 crore from Rs 1,246 crore. On the asset quality front, the bank's gross non-performing assets ratio improved to 2.18 per cent against 2.23 per cent a year ago. However, net NPAs, or bad loans, rose to 0.49 per cent from 0.2

Exide Industries Q4 results: PAT falls 10% to Rs 255 cr on higher costs

The company's standalone profit after tax fell 10.3% year-on-year to Rs 255 crore ($30.1 million) for the three months ended March 31

Trent shares drop 4% after Q4 earnings; results breakdown, analysis here

The fashion and lifestyle retailer's stock fell as much as 3.64 per cent during the day to ₹5,195 per share

Sell stocks in May and go away? Here's what analysts suggest you do

Analysts believe that a selective and sector-specific approach will likely yield better results over the next few months

Trent Q4FY25 results: Net profit falls 54.8%, revenue rises 27.9%

Its revenue from operations rose 27.9 per cent to ₹4,216.9 crore in Q4 compared to the same period last year and its like-for-like growth was in mid-single digit in the quarter on a standalone basis

Analysts sound caution on India Inc's earnings growth amid market pullback

We remain Neutral India equities, which is relatively insulated from tariff concerns, but faces headwind from negative earnings revisions, wrote analysts at Standard Chartered in a recent note.

Volume growth, valuation concerns to cap gains in TVS Motor stock

Adjusted numbers for the quarter, given the recognition of production-linked incentives in Q4, were broadly in line with Street estimates

Trent Q4 results: Net profit plunges 56% to Rs 311 crore, income up 27%

Despite the dip in profit, Trent's consolidated revenue from operations rose by 27.87 per cent to ₹4,216.94 crore in the March quarter, up from ₹3,297.70 crore in the year-ago period

BPCL Q4 results: Net profit declines 8% to ₹4,391 cr, income falls 3%

BPCL stated in its filing that it incurred a loss of ₹3,217.82 crore from selling domestic LPG below cost in the January-March (Q4) period, and a total loss of ₹10,446.38 crore for the entire FY25

Aditya Birla Sun Life AMC gains 7% on steady Q4 numbers

Market share across segments is expected to improve with an improving fund performance (~85 per cent of funds are beating benchmarks).

Stocks to Watch, April 29: TVS Motor, UltraTech, Tata Tech, IndusInd, CESC

Stocks to Watch on Tuesday: Adani Total, TVS Motor, UltraTech Cement, Tata Tech, IndusInd Bank and Gensol Engineering are among the stocks to watch today, April 29, 2025

Surge in spending, India Inc rides the Corporate Social Responsibility wave

Prominent blue-chip firms like NTPC, Coal India, Wipro, and Reliance Industries also exceeded the 2 per cent mandate

Go Digit Q4 results: Net profit more than doubles to Rs 116 crore

For the full financial year 2024-25, the company's profit after tax surged by 133.5 per cent to Rs 425 crore, compared to Rs 182 crore in FY24

Central Bank of India Q4 results: Net profit rises 28% to ₹1,034 crore

The bank's board has proposed a dividend of 18 paise per equity share, equivalent to 1.87 per cent of the face value of ₹10 for 2024-25

CSB Bank Q4 results: Net profit increases 26% to Rs 190 cr, GNPA rises

Private sector lender CSB Bank on Monday reported a 26 per cent rise in its net profit to Rs 190 crore for the fourth quarter ended in March 2025. The Kerala-based lender had earned a net profit of Rs 151 crore in the year-ago period. During the quarter, the bank's total income increased to Rs 1,362 crore against Rs 991 crore a year ago, CSB Bank said in a regulatory filing. Asset quality of the bank deteriorated marginally with gross non-performing assets rising to 1.57 per cent of gross advances as of March 31, 2025, from 1.47 per cent at the end of March 2024. Net NPAs also rose to 0.52 per cent of the advances from 0.51 per cent at the end of 2024. As a result, provisions and contingencies rose significantly to Rs 60 crore compared to Rs 22 crore in the same quarter a year ago.

IRFC Q4 results: Net profit down 3% at Rs 1,667 cr, expenses at Rs 5,042 cr

Indian Railway Finance Corporation (IRFC) on Monday reported a 3 per cent decline in its profit at Rs 1,667 crore for the March quarter. The company under the Ministry of Railways had earned a profit of Rs 1,717 crore during the fourth quarter of the FY24. The company's total income rose to Rs 6,723 crore in the January-March quarter from Rs 6,478 crore in FY24, the state-owned company said in a regulatory filing. During the period under review, its expenses also increased to Rs 5,042 crore as against Rs 4,761 crore a year ago. The board of directors also approved the raising of resources for the financial year 202526 up to Rs 60,000 crore from both domestic and international markets. It will be raised through a prudent mix of tax-free bonds, taxable bonds on a private placement or public issue basis including capital gain bonds, government-guaranteed bonds, and government-serviced bonds, it said. Besides, the board of IRFC approved the appointment of Randhir Sahay as Director ..

IDBI Bank Q4FY25 results: Net profit increases 26% to ₹2,051 crore

IDBI Bank on Monday reported 26 per cent increase in net profit at Rs 2,051 crore for the March quarter of FY25. The LIC-controlled bank had posted a net profit of Rs 1,628 crore for the year-ago period. Total income rose to Rs 9,035 crore in the period under review from Rs 7,887 crore in the January-March period of previous fiscal. Interest income marginally declined to Rs 6,979 crore during the period under review from Rs 6,990 crore in the corresponding quarter a year ago. In the 2024-25 fiscal, net profit rose 33 per cent to Rs 7,515 crore as compared to Rs 5,634 crore in the previous year. Total income during the financial year rose to Rs 33,826 crore from Rs 30,037 crore in FY24. On the asset quality side, the bank's gross Non-Performing Assets (NPAs) were reduced to 2.98 per cent of gross advances as of March 31, 2025, compared to 4.53 per cent by the end of March 2024. Net NPAs also came down to 0.15 per cent of the advances over 0.34 per cent a year ago. The board of I