Eicher Motors posted weaker-than-expected Ebitda margin, which contracted 190 basis points (bps) to 24.2 per cent in Q3FY25, from 26.1 per cent a year ago
State-owned SAIL on Tuesday reported over 66 per cent decline in consolidated net profit to Rs 141.89 crore for the December quarter, on account of increased expenses. It posted Rs 422.92 crore profit for the year-ago period, the company said in an exchange filing. The company's total income, however, rose to Rs 24,723.43 crore from Rs 23,492.33 crore in the same quarter a year ago. Expenses surged to Rs 24,560.47 crore from Rs 23,140.81 crore in the year-ago period. In a separate statement, SAIL Chairman Amarendu Prakash said in the face of a challenging steel market characterised by declining prices and an influx of cheap imports, SAIL has managed to achieve higher EBITDA during the quarter under review compared to the corresponding period last year. "We expect that with appropriate interventions, the issue of cheap imports will be addressed and the government's drive on infrastructure development will bode well for the domestic steel industry while driving the demand further,"
Essar Group's IT arm Black Box has reported a 37.2 per cent increase in consolidated net profit to Rs 56.08 crore for the October-December quarter of 2024-25 compared to Rs 40.87 crore in the same period of the previous fiscal. Revenue from operations for dropped by 9.28 per cent to Rs 1,501.7 crore in the third quarter of FY25 against Rs 1,655.4 crore in the December quarter of FY24. The company said subdued order bookings as a result of delayed decision-making with some of its large customers, coupled with its strategy to exit the tail customers led to a decline in revenue. However, the pipeline continues to remain strong, it said, with the order book standing at USD 465 million. Additionally, the company has already received orders worth USD 80 million in the ongoing quarter. "Positive impact already seen in Q4 FY25 and expected to strengthen from Q1FY26...Pipeline conversion and improved win-rate expected to positively impact the revenues beginning Q2FY26 onwards," the statemen
Bad loans grow sequentially and annually
The company's consolidated loss after tax narrowed to Rs 6,609 crore ($762.20 million) in the quarter ended December 31, from Rs 6,986 crore a year earlier
Keystone Realtors Ltd on Tuesday said its consolidated net profit declined by half to Rs 15.07 crore in the quarter ended December 31, 2024. Its net profit stood at Rs 30.22 crore in the year-ago period. Total income also declined to Rs 485.82 crore in the third quarter of this fiscal from Rs 533.33 crore in the corresponding period of the preceding year, according to a regulatory filing. Incorporated in 1995, Keystone Realtors Limited is one of the leading real estate developers in the country. The company has a substantial portfolio of projects spanning the Mumbai Metropolitan Region (MMR), with 36 completed projects, 15 ongoing projects and 26 forthcoming projects that cover all price points from affordable to super premium. So far, the company has delivered over 25 million square feet of construction area, with a pipeline of over 44 million square feet in the works.
Berger Paints India Ltd on Tuesday reported a 1.4 per cent decline in consolidated net profit to Rs 295.97 crore in the December 2024 quarter, impacted by price cuts, muted urban demand and slowdown in a few key markets. The company had posted a consolidated net profit of Rs 300.16 crore in the third quarter last fiscal, Berger Paints India Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 2,975.06 crore against Rs 2,881.83 crore in the corresponding period a year ago, it added. Total expenses in the quarter stood at Rs 2,608.13 crore, up from Rs 2,504.32 crore in the year-ago period, the company said. "The tough market conditions continued into the third quarter with muted urban demand and slowdown in a few key markets. In spite of this, we were able to deliver high single-digit volume growth in the quarter and also saw sequential uptick in both volume and value growth," Berger Paints India Managing Director & CEO ...
IRCTC Q3FY25 results: The company has declared a second interim dividend of Rs 3 per equity share of face value Rs 2.50 each
From Donald Trump's tariff imposition to continued FII selling, here are key reasons for the market crash on February 11, 2025
Markets Today LIVE: Investors are likely to assess tariffs on steel and aluminium imports to the US, while keeping an eye on December quarter earnings and continued FII selling
TVS Supply Chain reported net loss year-on-year (Y-o-Y) at Rs 23.8 crore as compared to a profit of Rs 10 crore
The stock hit a new low of Rs 339.45; fell 45% from its 52-week high of Rs 617 touched on December 23, 2024 and quoted 13% below its issue price of Rs 390 per share.
Devyani International reported consolidated net loss year-on-year (Y-o-Y) at Rs 7.6 crore as compared to a profit of Rs 5.1 crore
HBL Engineering reported a decline of 26 per cent in consolidated net profit year-on-year (Y-o-Y) to Rs 58.38 crore as compared to Rs 78.45 crore
Most global brokerages have also raised their target prices on Nykaa after Q3 results were announced on Monday, after market hours
The company earnings before interest, tax, depreciation, and amortisation (Ebitda) for the third quarter stood at Rs 335.3 crore, up 3.6 per cent as against Rs 323.8 crore in the corresponding quarter
Yatra Online reported multifold rise in its year-on-year (Y-o-Y) net profit to Rs 10.07 crore as compared to Rs 1.06 crore
Q3 FY25 company results, Feb 11: MOIL, Berger Paints, IIFL Securities, and Schneider Electric Infrastructure will be among 334 companies to release their performance report for the Oct-Dec quarter
At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses
Stocks to Watch on February 11, 2025: From Nykaa to Berger Paints, here is a list of stocks that will be in focus today