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
The fashion and lifestyle retailer's stock fell as much as 3.64 per cent during the day to ₹5,195 per share
Analysts believe that a selective and sector-specific approach will likely yield better results over the next few months
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
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.
Adjusted numbers for the quarter, given the recognition of production-linked incentives in Q4, were broadly in line with Street estimates
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 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
Market share across segments is expected to improve with an improving fund performance (~85 per cent of funds are beating benchmarks).
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
Prominent blue-chip firms like NTPC, Coal India, Wipro, and Reliance Industries also exceeded the 2 per cent mandate
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
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
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.
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 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
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 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 Network's stock fell as much as 14.37 per cent during the day to ₹735.5 per share
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