The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said. India and Pakistan on Saturday reached an understanding to stop all firings and military actions on land, air and sea, with immediate effect after four days of intense cross-border drone and missile strikes. "This de-escalation removes a key overhang on investor sentiment and is likely to be seen as a major positive development by financial markets. Historically, markets have shown resilience and a tendency to recover following such geopolitical de-escalations," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said. All eyes would be on FIIs who turned negative on Friday trading session after being continuous net buyers in the last
Triveni Turbine on Saturday reported a 60.44 per cent rise in standalone profit to Rs 93.7 crore in the March quarter, on account of higher income. It had posted Rs 58.4 crore profit after tax in the year-ago period, the company said in an exchange filing. The company's total income rose to Rs 508.1 crore from Rs 400.2 crore a year ago. For the entire FY25, net profit rose to Rs 374.4 crore from Rs 209 crore in FY24. The board of directors also recommended a final dividend Rs 2 per fully paid-up equity share of the face value of Re 1 each for 2024-25, subject to approval of the shareholders at the ensuing annual general meeting (AGM) to be held on September 8, 2025. Triveni Turbine Ltd Chairman and Managing Director Dhruv M Sawhney said, "In FY25, Triveni Turbines sustained its strong track record of outstanding financial performance and surpassed previous highs of annual revenues, profitability and order booking. "Revenue from Operations grew 21 per cent over the previous year t
Technology firm Affle 3i has reported a 17.8 per cent increase in consolidated net profit to Rs 103 crore in the March quarter. It had reported a profit (attributable to equity holders of the parent) of Rs 87.4 crore in the year-ago period, according to a regulatory filing. Revenue from operation during the quarter came in 18.9 per cent higher at Rs 602.2 crore, against Rs 506.2 crore a year ago. Sequentially, profit and revenue rose 2.79 per cent and 0.09 per cent, respectively. For the full FY25, profit rose 28.4 per cent to reach Rs 381.8 crore, while revenue increased 22.9 per cent to Rs 2,266.3 crore. Affle MD and CEO Anuj Khanna Sohum said the performance was driven by "consistent outperformance" of the company's CPCU (cost per converted user) business model and further amplified by favourable industry dynamics. "Having pioneered innovation and delivered meaningful impact over the past two decades, we now turn our focus to intelligence as a key growth driver. This integrate
Solar pumps maker Shakti Pumps (India) on Saturday posted around 23 per cent growth in profit to Rs 110.23 crore in the March quarter, driven by higher income. It had reported Rs 89.67 crore profit in the January-March period of the 2023-24 fiscal year, the company said in an exchange filing. The company's total income rose to Rs 669.76 crore from Rs 610.13 crore in the fourth quarter a year ago. The company's Chairman Dinesh Patidar said, "We reported our highest-ever revenue of Rs 25,162 million (Rs 2,516.2 crore) in FY25, which surged by 83.6 per cent YoY, while PAT grew exceptionally by 188.2 per cent to Rs 4,084 million (Rs 408.4 crore). "This impressive topline growth was driven by strong performances in both our domestic and export businesses, with profitability and margins further bolstered by our unwavering focus on operational efficiencies." "Our strong position in regions such as the US, Africa, Asia, and the Middle East ensures that this business remains stable and ...
Bank of India reports 82.5 per cent rise in Q4 net profit, boosted by treasury and fee income as asset quality improves and margins face pressure from rate cuts
Dr Reddy's posts highest-ever quarterly revenue and profit in Q4 FY25 with strong growth in generics, PSAI and NRT acquisition; FY25 PAT up 2 per cent at ₹5,654 crore
Quick commerce drives 45 per cent revenue growth at Swiggy in Q4FY25 but expansion costs and elevated incentives push adjusted EBITDA loss to ₹732 crore
After a weak start to FY25, Birla Corp posts strong Q4 profit growth on higher capacity utilisation and announces major expansion to scale cement output to 27.6 mt
Electrification and automation major ABB India on Friday posted a 3 per cent rise in net profit to Rs 474 crore during the March quarter compared to the year-ago period, primarily on the back of higher revenues. The company follows January-December financial year. "The company reported profit after tax of Rs 474 crore at the end of Q1 CY2025 (January-March 2025) as compared to Rs 460 crore in Q1 CY2024," a company statement said. According to the statement, the company achieved a revenue of Rs 3,160 crore for the first quarter (January-March 2025) which is higher than Rs 3,080 crore in the same period a year ago. The company's cash position continues to remain robust at Rs 5,756 crore at the end of Q1 2025. "In our 75th year of manufacturing in India, I am proud of the solid start to 2025. We continue to enjoy trust of our customers and partners, who are served impactfully by the ABB India team. In an increasingly uncertain global market, ABB India stands steady posting consistent
Cholamandalam Financial Holdings Ltd has reported a consolidated profit after tax of Rs 1,362.18 crore for the January-March 2025 quarter, the company said on Friday. The city-headquartered company had registered a profit after tax of RS 1,143.75 crore registered during the corresponding quarter of last financial year. For the financial year ending March 31, 2025 the consolidated PAT grew to RS 4,739.88 crore from Rs 3,850.56 crore registered during the corresponding quarter of last financial year. The consolidated total income during the quarter under review grew to Rs 9,009.36 crore from Rs 7,157.31 crore recorded during the corresponding quarter of last financial year. For the financial year ending March 31, 2025 the consolidated total income surged to Rs 33,459.92 crore from Rs 26,086.76 crore registered a year ago. Cholamandalam Investment and Finance Company Ltd, in which Cholamandalam Financial Holdings Ltd, holds about 44.34 per cent stake, has recorded a 30 per cent incre
Consolidated net profit of Birla Corporation Limited, the flagship company of M P Birla group, increased 32.7 per cent at Rs 256.60 crore during the fourth quarter of 2024-25 as compared to Rs 193.34 crore in the corresponding previous period. The company informed the courses after a board meeting held on Friday that consolidated total income increased 6.8 per cent at Rs 2,863.14 crore as against Rs 2,680.13 crore in the previous similar period. Primarily a cement manufacturing company, the board of Birla Corporation approved the proposal for issue of non-convertible debentures (NCDs) aggregating up to Rs 200 crore on private placement basis in one or two tranches. The board also approved capital expenditure towards increasing capacity by way of setting a greenfield cement grinding unit with a capacity of 2.80 million tonnes per annum at Gaya in Bihar in a phased manner. The debt-equity ratio of the company at the end of March 2025 quarter decreased to 0.56 as compared to 0.67 in t
Swiggy Q4 FY25 result: Swiggy's consolidated loss for the entire year widened to ₹3,116.8 crore compared to ₹2,350.2 crore in FY24
Dr Reddy's Q4 FY25 result: The board of directors have recommended a final dividend of ₹8 per share
Auto components maker Motherson Sumi Wiring India Ltd on Friday reported a 13.85 per cent decline in net profit at Rs 164.93 crore in the March quarter impacted by higher expenses and raw material cost. The company posted a net profit of Rs 191.44 crore in the same quarter previous fiscal, Motherson Sumi Wiring India Ltd (MSWIL) said in a regulatory filing. Total revenue from operations in the fourth quarter stood at Rs 2,509.52 crore as against Rs 2,232.67 crore in the year-ago period, it added. MSWIL further said total expenses during the quarter were higher at Rs 2,291.44 crore as compared to Rs 1,986.54 crore in the corresponding period a year ago. Cost of materials consumed was higher at Rs 1,592.7 crore as compared to Rs 1,419.1 crore in the year-ago period. For 2024-25, profit was at Rs 605.86 crore, down from Rs 638.3 crore in 2023-24, the company said. In FY25, total revenue from operations stood at Rs 9,320.28 crore as against Rs 8,328.25 crore in FY24, it added.
State-owned Union Bank of India's March quarter net profit jumped 50 per cent to Rs 4,985 crore, and a top official Friday said RBI's rate cuts will keep its net interest margins under pressure going forward. The bank had earned a net profit of Rs 3,311 crore in the same quarter previous fiscal. Total income rose to Rs 33,254 crore in the quarter as compared to Rs 31,058 crore in the same period a year ago. Speaking to reporters here, Managing Director and chief executive A Manimekhalai declined to comment on the controversy surrounding allegations of impropriety in the bulk purchase of a book by former chief economic advisor Krishnamurthy Subramanian by the bank. She also did not answer a specific question on whether the senior management's role is being investigated in the matter. In results released late last evening, the bank reported that the core net-interest income was almost flat at Rs 9,514 crore in the March quarter, while the 18 per cent growth in non-interest income a
Kalyan Jewellers share price: In the past one year, Kalyan Jewellers shares have gained 28.6 per cent as against Sensex's rise of 11 per cent.
MCX share price: Even though the numbers were good year-on-year (Y-o-Y), sequentially a sharp fall was recorded
Analysts at ICICI Securities believe that given the backlog growth (book to bill >2 years) and strong operational execution, the company will achieve strong revenue growth over the medium term.
Titan's resilient performance was in the backdrop of inflated gold price environment with margin improvement in domestic jewellery and Caratlane business in Q4FY25.
Q4 FY25 company results today: Birla Corporation and MapmyIndia will be among 69 companies to post earnings reports for the January-March quarter on May 9