The board of debt-ridden firm Vodafone Idea will meet on May 30 to consider fundraising options along with approval of its financial results, the company said on Tuesday. The loss-making firm has expressed apprehension about its survival beyond the current fiscal due to liquidity crunch in the company despite financial support from the government. In a BSE filing, Vodafone Idea said that its board will meet on May 30 "to consider and evaluate any and all proposals for raising of funds in one or more tranches, either by way of a rights issue or further public offer or private placement (including preferential allotment or qualified institutions placement)." The board will also evaluate fundraising through any other permissible mode including debt bonds. The board will decide on holding extraordinary general meeting to get shareholders' nod for the fundraise on the same day. Vodafone Idea board will also meet and consider approving its financial performance for the March 2025 quarte
Ashok Leyland's strong Q4 led by 5% volume growth and margin gains; focus on exports, non-CV business and cost control to support performance in FY26
Insurer earned Rs 73,000 crore profit from equity markets in FY25
Auto components firm Bosch on Tuesday said its consolidated profit after tax declined 2 per cent to Rs 554 crore in the fourth quarter ended March 31, 2025, amid challenging business environment. The company reported a profit after tax (PAT) of Rs 564 crore for the January-March period of 2023-24 fiscal year. Revenue from operations rose to Rs 4,911 crore from Rs 4,233 crore a year ago, Bosch said in a regulatory filing. For FY25, the company reported 19 per cent fall in consolidated PAT at Rs 2,013 crore as against Rs 2,490 crore in FY24. Revenue rose to Rs 18,087 crore from Rs 16,727 crore. "Amid a challenging business environment, we concluded FY24-25 with strong revenue growth and increased sales across businesses," Bosch MD Guruprasad Mudlapur stated. India is poised to become a leading automotive powerhouse with high levels of engineering and manufacturing excellence, he stated. "In the coming years, we expect substantial growth in India as a strategic market, with an ...
JK Lakshmi Cement on Tuesday reported 19.2 per cent increase in consolidated net profit at Rs 193.17 crore for March quarter FY25, helped by volume growth and cost efficiencies. The company had posted a profit of Rs 162.06 crore for the January-March period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKLC), a flagship company of JK Organization. Revenue from operations was up 6.5 per cent year-on-year at Rs 1,897.62 crore in the March quarter. The profitability of the company improved sequentially on account of higher volume, better product & market mix and reduction in fuel cost, Chairperson & Managing Director Vinita Singhania said. Total expenses in the quarter were at Rs 1,667.44 crore, up 7.10 per cent year-on-year. Sales volume was down 10.3 per cent to 35.98 lakh tonne in the quarter. Total income, which includes other income, was also up 5.88 per cent to Rs 1,913.55 crore. However, in FY25, JKCL's net profit declined 38.1 per cent to Rs ...
State-owned Hindustan Copper Ltd on Tuesday reported a 51.8 per cent increase in consolidated profit at Rs 189.48 crore for the quarter ended March 31, 2025. The company had posted consolidated profit of Rs 124.75 crore in the year-ago period. The consolidated income of the company during the fourth quarter rose to Rs 777.28 crore, over Rs 585.22 crore in the year-ago period, Hindustan Copper said in a regulatory filing. The total expenses of the company during the quarter under review rose to Rs 518.75 crore, over Rs 401.49 crore in the year-ago period. Hindustan Copper is a Mini-Ratna Central Public Sector Enterprise (CPSE) under the administrative control of the mines ministry. It is the only company in the country engaged in copper ore mining and holds all the operating mining leases for copper ore in the country. The company operates copper mines at Malanjkhand (Madhya Pradesh), Khetri (Rajasthan) and Ghatsila (Jharkhand). It has facilities of a primary smelter and refinery a
Blackbox Q4 profit jumps 47.8% to ₹60.47 crore on new contracts, higher margins and operational focus, though annual revenue slips due to strategy shift
However, LIC's total income for the quarter fell to ₹241,625 crore, compared to ₹250,923 crore during the corresponding period last year, the insurer revealed in a regulatory filing
Muthoot FinCorp, a group company of Muthoot Pappachan Group (Muthoot Blue), on Monday reported a 20 per cent decline in net profit to Rs 192 crore for the fourth quarter ended March 2025. The NBFC firm primarily in gold loans had earned a standalone net profit of Rs 240 crore in the January-March quarter of FY24. The revenue of the company during the quarter improved to Rs 1,479 crore from Rs 1,197 crore in the same quarter of the preceding fiscal, Muthoot FinCorp said in a statement. Assets Under Management (AUM) stood at Rs 32,055 crore, up 46 per cent from Rs 21,923 crore in the same quarter of the previous year, it added. For the entire financial year ended March 2025, the company reported a 40 per cent rise in standalone net profit to Rs 787 crore against Rs 563 crore in FY24. At the same time, revenue also increased to Rs 5,551 crore from Rs 4,016 crore in the preceding financial year. The board has also approved a proposal to raise up to Rs 8,000 crore through non-converti
At 02:35 PM; Centum Electronics was trading 11 per cent higher at ₹2,510.80, as compared to 1.1 per cent decline in the BSE Sensex.
Shriram Properties shares were buzzing in trade on the back of a strong March quarter of financial year 2025 (Q4FY25) performance.
In the past three days, the stock rallied 27 per cent after the company reported strong earnings for the quarter ended March 2025
Olectra Greentech slumped 12 per cent to ₹1,180 per share
Shares of Dynamic Cables hit a 3-month high at ₹897.20 on the BSE in Tuesday's intraday trade after the company said it will consider a proposal to issue bonus shares on May 30.
Engineering, procurement and construction firm KEC International has reported a 76 per cent growth in consolidated net profit at Rs 268 crore in March quarter, aided by higher revenues. It had recorded a net profit of Rs 152 crore during the January-March period of preceding 2023-24 financial year, the company said. KEC International increased its revenues to Rs 6,872 crore in the latest fourth quarter from Rs 6,165 crore in the same period a year ago, posting a rise of 11.46 per cent. The company's EBITDA (earnings before interest, tax, depreciation and amortisation) also increased to Rs 539 crore in the quarter under review from Rs 388 crore in Q4 FY24. For the entire fiscal, the net profit or PAT (profit after tax) at Rs 571 crore was up by 64.55 per cent against Rs 347 crore in FY24, the company said in a filing on Monday. Revenue increased to Rs 21,847 crore from Rs 19,914 crore in the corresponding financial year. The company's board also recommended a dividend of Rs 5.5 pe
Sumitomo Chemical India shares were under pressure due to weak March quarter of financial year 2025 (Q4FY25) results.
ITI share price touched 10 per cent upper band ahead of releasing Q4 results and considering allotment of equity shares to the President of India
Q4 FY25 company results today: NMDC Steel, Hindustan Copper, and Procter & Gamble Hygiene & Health Care will be among more than 300 companies to post earnings reports for the January-March quarter
Logistics company Blue Dart Express Ltd on Monday reported a 29 per cent decline in its consolidated net profit to Rs 55.15 crore for the March quarter of FY25. The company had reported a net profit of Rs 77.78 crore in the year-ago period, according to a regulatory filing from Blue Dart Express. However, its revenue from operations rose 7.13 per cent to Rs 1,417.32 crore in the March Quarter. It was Rs 1,322.87 crore in the corresponding quarter a year ago. Its total expenses in the March quarter increased 9.72 per cent to Rs 1,348.55 crore. For the entire 2024-25, Blue Dart Express' profit fell 16.14 per cent to Rs 252.42 crore from Rs 301.01 crore a year ago. Blue Dart Express' total consolidated income rose 8.3 per cent to Rs 5,762.16 crore. Its Managing Director Balfour Manuel said: "Our focus in FY25 was on delivering consistency, maintaining service quality, and enhancing our offering strength with significant investments towards our aviation capabilities and infrastructur
Aurobindo Pharma on Monday reported a marginal dip in its consolidated profit after tax to Rs 903 crore for the fourth quarter ended March 2025. The Hyderabad-based drug maker posted a profit after tax (PAT) of Rs 907 crore in the January-March quarter of FY24. Its total revenue from operations stood at Rs 8,382 crore for the fourth quarter compared to Rs 7,580 crore in the year-ago period, Aurobindo Pharma said in a regulatory filing. For the full year ended March 31, 2025, the company said its PAT rose 10 per cent to Rs 3,484 crore against Rs 3,169 crore in FY24. The total revenue from operations rose to Rs 31,724 crore last fiscal from Rs 29,002 crore in 2023-24. "We are pleased to deliver another quarter and year of all-time high sales and EBITDA, reflecting the strength of our core businesses, consistent volume-led growth, and the depth of our differentiated product portfolio," Aurobindo Pharma Vice-Chairman and MD K Nithyananda Reddy said. The drug firm's European operation