The BSE Sensex fell as much as 1.06 per cent or 869.52 points to 80,727.11. Similarly, the NSE Nifty50 dropped 1.09 per cent or 361.85 points to 24,541.60.
State-owned Oil and Natural Gas Corporation (ONGC) reported a 35 per cent drop in its March quarter net profit as it realised lower oil prices on almost static output. Net profit stood at Rs 6,448 crore in January-March - the fourth quarter of FY25 (April 2024 to March 2025 ) - compared to Rs 9,869 crore in the same period last year, according to a company statement. The firm got USD 73.72 per barrel of crude oil that it produced and sold to refiners for processing into petrol and diesel in the fourth quarter, down from USD 80.81 per barrel a year back. Revenue was up 1 per cent at Rs 34,982 crore. ONGC produced 4.7 million tonnes of crude oil in the quarter, marginally lower than 4.714 million tonnes in January-March 2024. Production of natural gas, which is used to generate electricity, make fertiliser and turned into CNG as well as used for cooking in kitchens, was lower at 4.893 Billion Cubic Metres (BCM) in Q4 as opposed to 4.951 BCM. For the full fiscal (FY25), ONGC's net p
The stock price of Fortis Healthcare is quoting at ₹731.35, its highest level since January 8, 2025, and inching towards its record high level of ₹744, touched on December 30, 2024.
ONGC share price declined 2 per cent after company posted mixed Q4FY25 numbers
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Q4 FY25 company results today: Emcure Pharmaceuticals, Honasa Consumers, and Reliance Home Finance will be among 164 companies to post earnings reports for the January-March quarter on May 22
At an annualised level, revenues from non-connectivity services are expected to reach about ₹16,000 crore
Q4 profit rises to Rs 3,068 crore as travel demand surges; IndiGo trims grounded fleet and adds capacity, set to launch long-haul service to Manchester in July
Despite a 39 per cent drop in profit, Oil India posted record FY25 production and 123 per cent rise in capex utilisation; Q4 revenue slipped 5.7 per cent
Geojit Financial Services on Wednesday reported a 38 per cent decline in consolidated net profit at Rs 32.21 crore in the March 2025 quarter compared to a profit of Rs 51.91 crore in the year-ago period. Total consolidated revenue declined by 15 per cent to Rs 177.48 crore in the last quarter of 2024-25 as compared with Rs 208.56 crore in the same period of the preceding fiscal, the company said in a filing to the stock exchanges. On a sequential basis, revenue of the company rose marginally from Rs 172.11 crore in the December quarter. Operating profit, measured as earnings before interest, taxes, depreciation and amortisation (EBITDA) dropped 35 per cent year-on-year to Rs 54.09 crore in the fourth quarter, compared to Rs 83.36 crore in the year-ago quarter. During the financial year 2024-25, the company, however, reported improved performance. The consolidated revenue rose 20 per cent year-on-year to Rs 749.32 crore, while net profit grew 15 per cent to Rs 172.49 crore. The ...
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EIH Ltd, owner and operators of Oberoi and Trident brands of hotels, reported a 6 per cent rise in its March quarter net profit on improved demand in both business and leisure segments. Consolidated net profit of Rs 261.62 crore in January-March - the fourth quarter of April 2024 to March 2025 financial year - was compared with Rs 247.59 crore earnings in the same period a year back, according to a company statement. "The company delivered its best-ever performance, reflecting sustained operational excellence and continued demand across both business and leisure segments," it said. Revenue was up 11 per cent at Rs 866 crore while EBITDA rose 13 per cent to Rs 389 crore. "These record results mark a milestone year and the strongest financial performance in EIH Limited's history. They reflect the company's unwavering focus on operational excellence and underscore the enduring appeal of our brand. With a robust financial position, EIH Limited is well-positioned to drive continued grow
InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted a 62 per cent rise in profit after tax of Rs 3,067.5 crore for the quarter ended March 2025. In the year-ago period, the profit after tax stood at Rs 1,894.8 crore, according to a release. Total income rose to Rs 23,097.5 crore in the fourth quarter of the 2024-25 financial year from Rs 18,505.1 crore in the same period a year ago. At a briefing about the results, IndiGo CEO Pieter Elbers said the airline carried 118 million passengers in 2024-25. The company's board has recommended a dividend of Rs 10 per equity share of the face value of Rs 10. Shares of the company rose marginally to close at Rs 5,448 apiece on the BSE. The airline has a fleet of over 400 planes and operates more than 2,200 daily flights connecting domestic and international destinations.
Frog Cellsat, a manufacturer of telecom equipment, on Wednesday reported a 59.5 per cent drop in its consolidated net profit at Rs 2.98 crore in the quarter ended March 2025. Its income from operations rose 8.9 per cent year-on-year to Rs 48.48 crore in the fourth quarter of FY25, the company said in a BSE filing. The maker of telecom equipment, including RF Repeaters, Active DAS (Distributed Antenna Systems), in-building coverage solutions, and interference mitigation systems, has guided for a 30 per cent revenue and EBITDA growth rate for FY26, according to a release. For the full year, that is FY25, the net profit was up about 52 per cent to Rs 23.55 crore, from Rs 15.51 crore in the previous fiscal. The income from operations stood at Rs 219.38 crore, about 39 per cent more than the preceding fiscal year. The company's Founder & Managing Director Konark Trivedi said: "We are delighted to report a remarkable financial performance in FY25, marked by significant growth across all