Page 17 - Corporate Earnings

Markets too optimistic in its earnings estimates, suggests Kotak report

The markets, KIE said, may be too bullish on revenues of export-oriented sectors such as automobiles, IT services, potentially pharmaceuticals and specialty chemicals.

L&T Finance shares plunge 8% post Q4 earnings; results breakdown here

L&T Finance stock fell as much as 8.55 per cent during the day to ₹158.2 per share, the worst intraday session since April 7 this year

Tejas Networks shares tumble 14% after Q4; Here's all you need to know

Tejas Network's stock fell as much as 14.37 per cent during the day to ₹735.5 per share

Tech Mahindra Q4FY25 results: Net profit up 76.5% at Rs 1,167 crore

Revenue for the fourth quarter increased 4 per cent year-on-year (Y-o-Y) to ₹13,384 crore. On a sequential basis, revenue was up 0.7 per cent

SBI Life Q4 results: Net profit increases marginally to Rs 814 crore

SBI Life's net premium income fell about 5% to Rs 23,861 crore as single premiums dropped nearly 73% while first-year premiums rose about 7%

Laurus Labs Q4 results: Net profit rises three-fold to Rs 234 crore

Drug firm Laurus Labs on Thursday said its consolidated profit increased three-fold to Rs 234 crore for the March quarter, driven by strong sales. The Hyderabad-based company reported a net profit of Rs 76 crore for the same quarter of FY24. Revenue increased to Rs 1,720 crore for the fourth quarter as compared with Rs 1,440 crore in the year-ago period, Laurus Labs said in a regulatory filing. For FY25, the company said its profit rose to Rs 358 crore as against Rs 161 crore in the 2023-24 fiscal year, it added. Revenue increased to Rs 5,554 crore in last fiscal year as compared with Rs 5,041 crore in the 2023-24 financial year. "We delivered very good Q4 results and continued our transformative progress, reflecting robust demand for our CDMO offerings and meeting complex customer needs," Laurus Labs Founder & CEO Satyanarayana Chava said. The company is deepening its cooperation with major clients, and augmenting it with promising BD and capacity creation, he added. "Our ...

Nestle India Q4FY25 results: Profit drops 6.5% to ₹873 crore, sales up 3.7%

Nestle India Ltd on Thursday reported 6.5 per cent decline in consolidated net profit at Rs 873.46 crore for March quarter FY25 as the FMCG industry faced food inflation and moderation in urban consumption. The company posted a profit of Rs 934.17 crore for the January-March period a year ago, according to a regulatory filing from Nestle India. Revenue from the sale of products was up at Rs 5,447.64 crore in the quarter as against Rs 5,254.43 crore a year ago. "Total sales and domestic sales for the quarter increased 3.7 per cent and 4.2 per cent, respectively. Domestic sales growth was broad-based. Domestic sales crossed Rs 5,235 crore, the highest ever, surpassing that of JanuaryMarch 2024 quarter," said Nestle India, which owns popular brands as Maggi, Nescafe and Kit Kat. However, exports were down 8.65 per cent to Rs 212.66 crore in Q4 FY25 due to commodity headwinds in coffee. In March quarter, total expenses of Nestle India were at Rs 4,307.76 crore. Revenue from operation

Nestle falls 5% from day's high as Q4 profit slips; earnings decoded here

The consumer giant reported a net profit fall of 5 per cent to ₹885.4 crore in the January-March quarter

Dalmia Bharat Q4 results: Profit rises 37% to Rs 439 cr, revenue down 5%

Cement maker Dalmia Bharat Ltd on Wednesday reported a 37.18 per cent increase in its consolidated net profit to Rs 439 crore for the last quarter of 2024-25, helped by cost efficiency measures. The company had posted a net profit of Rs 320 crore in the January-March quarter a year ago, according to a regulatory filing. Its revenue from operations was down 5 per cent to Rs 4,091 crore during the quarter under review from Rs 4,307 crore in the year-ago quarter on account of decline in sales volume and softening prices. In the March quarter, Dalmia Bharat's sales volume increased 2.8 per cent to 8.6 million tonnes (MT). Commenting on the results, Chief Financial Officer Dharmender Tuteja said: "Our cement volumes declined by 3 per cent YoY in Q4, primarily due to the discontinuation of JP tolling volumes." "Revenue from operations declined by 5 per cent YoY to Rs 4,091 Cr, reflecting the continued softness in cement prices. However, our EBITDA grew by 21% YoY to Rs 793 crore during

Tata Consumer Products Q4 results: Net profit increases 52% to Rs 407 crore

Tata Consumer Products Ltd on Wednesday reported a 52 per cent rise in consolidated net profit to Rs 407.07 crore for the March quarter on account of higher income. It had posted Rs 267.71 crore net profit after tax in January-March period of preceding 2023-24 fiscal, the company said in an exchange filing. The company's total income rose to Rs 4,664.73 crore from Rs 3,965.39 crore in the year-ago quarter. Total expenses were at Rs 4,180.35 crore as against Rs 3,455.93 crore in the same period last fiscal. For the entire FY25, the net profit was at Rs 1,380.31 crore, up from Rs 1,300.99 crore in FY24. The board has also recommended a dividend of Rs 8.25 per equity share of Re 1 each for FY 2024-25. The dividend, if approved by the shareholders at the ensuing 62nd Annual General Meeting, will be paid/dispatched on or after June 21, 2025.

SBI General Insurance profit jumps more than two-folds to Rs 509 cr in FY25

SBI General Insurance on Wednesday reported a more than two-fold jump in net profit to Rs 509 crore for the 2024-25 financial year. The non-life subsidiary of State Bank of India had recorded a net profit of Rs 240 crore in the previous financial year. The company also demonstrated strong growth in overall business clocking a gross written premium (GWP) of Rs 14,140 crore as against Rs 12,731 crore reported in the previous financial year, registering a growth of 11 per cent over the previous year, SBI General Insurance said in a statement. In terms of financial position, the company's solvency ratio stood at 2.03, well above the regulatory requirement of 1.50, highlighting its strong financial stability, it said.

HCLTech Q4 results: Net profit rises 8% to ₹4,307 crore, revenue up 6.1%

Revenue from operations came in at ₹302.46 billion, slightly below the projected ₹302.75 billion

Anant Raj Q4 results: Profit up 51% at ₹118.64 cr, revenue grows to ₹551 cr

Realty firm Anant Raj Ltd has reported a 51 per cent increase in consolidated net profit to Rs 118.64 crore for the fourth quarter of the last financial year. Its net profit stood at Rs 78.33 crore in the year-ago period. Total income rose to Rs 550.90 crore in the January-March period of 2024-25 fiscal year, from Rs 453.12 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. During the last fiscal, the net profit increased to Rs 425.54 crore, from Rs 260.91 crore in the 2023-24 fiscal. The total income grew to Rs 2,100.28 crore in 2024-25, from Rs 1,520.74 crore in the preceding year. Delhi-based Anant Raj Ltd has developed many real estate projects, primarily in North India. It develops housing, commercial and data centre projects.

Mahindra Logistics Q4 results: Loss narrows to Rs 6.75 cr; expenses up 7.4%

Revenue from its mainstay contract logistics business, meanwhile, rose 9% year-on-year

First time in 10 quarters: Nifty 50 earnings likely contracted in Q4

The contraction is likely to have been caused by a margin compression for banks and manufacturers and a further slowdown in revenue growth

Bharti Airtel shares rally 3%, near record high on strong earnings hopes

Driven by tariff repair in the India wireless segment, Airtel's free cash flow generation improved significantly over the past few years.

TCS Q4 results: Net profit slips 1.7% to ₹12,224 crore, misses estimates

Revenue for the company grew 5.2 per cent to Rs 64,479 crore for Q4FY25. Sequentially, the firm's revenue was up marginally by 0.79 per cent

Decathlon revenue crosses ₹4,000-cr mark in FY24, posts profit of ₹197 cr

Leading sporting goods retailer Decathlon generated over Rs 4,000 crore revenue in India and became profitable in FY24 posting gains of Rs 197.19 crore, according to an RoC filing by the company. Decathlon Sports India Pvt Ltd has reported its revenue from operations at Rs 4,008.26 crore, up 2.24 per cent for the financial year that ended on March 31, 2024. It had reported a loss of Rs 18.61 crore in FY23 and its revenue from operations was at Rs 3,920.31 crore on a standalone basis, according to financial data accessed through the business intelligence platform Tofler. The company's total income was at Rs 4,066.40 crore in FY24 -- the highest for Decathlon Sports in India in the last five years -- reaching nearly half a billion USD from sales. Its operating revenue in FY22 was at Rs 2,897.77 crore, Rs 2,049.28 crore in FY21, and Rs 2,208.39 crore in FY20. Decathlon Sports India is a subsidiary of leading French sporting goods retailer Decathlon SE. It mainly engaged in the tradin

Firms pull back on investor meets amid weaker earnings, bearish sentiment

While sectors like services and telecommunications have continued to increase engagement, the overall number of meetings across companies has fallen by over 7.4 per cent from its peak

India-specific de-rating done; markets eyeing earnings revival: Nuvama

Given the persistent selling by global funds, Nifty recorded five consecutive months of selling - the first time in three decades