Telecom infrastructure company Indus Towers on Wednesday reported a net profit of Rs 1,779 crore for the March quarter, registering a decline of 4 per cent year-on-year. It said the industry developments during the year have only strengthened the outlook for the company and the sector. The company exuded confidence about maintaining the "momentum" by capitalising on customers' network expansion and available strategic opportunities. The revenue for the just-ended quarter came in at Rs 7,727 crore, up 7.4 per cent year-on-year. The Q4 FY25 had a provision of Rs 226 crore for doubtful receivables, aided by collections against past overdue, the company said in a release. "During the quarter, the company acquired passive infrastructure assets from Bharti Airtel and accounted for the same as a common control transaction in accordance with Ind AS 103 which requires restatement of financial results of Indus Towers from the date on which common control was established i.e. Nov 19, 2024. ..
Bajaj Finance shares: Bajaj Finance stock has "limited catalysts" for any meaningful upside in the stock in the near-term, said analysts
The mining major's net sales jumped by 13.9 per cent to Rs 40,455 crore in the January-March quarter on a year-on-year basis (YoY)
Sequentially, net profit was down 25.4 per cent
Federal Bank's consolidated profit rose by 12.37 per cent to Rs 1,091 crore for the March quarter, helped by a jump in non-interest income. On a standalone basis, the private sector bank's Q4 net moved up to Rs 1,030 crore from Rs 906 crore in the year-ago period. The core net interest income grew 8 per cent to Rs 2,377 crore from Rs 2,195 crore, and was marginally down when compared with the quarter-ago period's Rs 2,431 crore. The non-interest income grew 33 per cent on-year to Rs 1,006 crore, the highest ever under the category achieved by the bank. The net interest margin narrowed to 3.12 per cent during the quarter from 3.21 per cent. Its chief executive and managing director K V S Manian said nearly half of the bank's book is linked to the external benchmark of repo rate, and automatically gets repriced with every cut in the policy rate by RBI. Speaking with reporters, he said the bank will deploy all efforts possible to protect the NIMs, but conceded that there are "downwa
The company's consolidated revenue for the quarter ended March 31, 2025, was Rs 1,537.78 crore, up 4 per cent, as against Rs 1,477.70 crore during the same period in the previous year
State-owned MOIL on Wednesday reported around 27 per cent year-on-year growth in net profit at Rs 115.65 crore for March quarter FY25 driven by a rise in income. It had posted a net profit of Rs 91.14 crore in the January-March period of 2023-24 fiscal year, the company said in an exchange filing. Income increased to Rs 458.20 crore during the quarter from Rs 439.85 crore a year ago. In entire FY25, the net profit rose by 30 per cent to Rs 381.63 crore from Rs 293.34 crore in 2023-24. Speaking to PTI, company's CMD Ajit Kumar Saxena said, "We have ended the fiscal delivering positive financial numbers. We will try to maintain this momentum in the coming quarters." MOIL has also registered rise in production as well as in sales, he said. In FY25, the company's production stood at 18.02 lakh tonne, up 3 per cent year-on-year, while sales were higher by 3.3 per cent at 15.87 lakh tonne. MOIL, under Ministry of Steel, is India's largest manganese ore producer. The Nagpur-based comp
The gaming platform's revenue from operations grew 70.35 per cent from Rs 619.42 crore in FY23 to Rs 1,055.22 crore in FY24
Sequentially, the profit was up by 8 per cent from Rs 955 crore in Q3FY25
ArcelorMittal said that the first phase of AM/NS India's expansion at Hazira to 15 mt was "on track", with completion expected by the end of 2026
The total expenses during the quarter increased by only about 1 per cent YoY, to Rs 790.6 crore
Falling expenses, inventory gains, relatively stable GRMs helped push up net profit
Mindspace recorded gross leasing of 2.8 million square feet (msf) in Q4FY25, compared to 2 msf in Q4FY24. The occupancy across its assets stood at 93 per cent
Godrej Agrovet Ltd on Wednesday reported a 24 per cent increase in its consolidated net profit to Rs 70.78 crore for the quarter ending March. Its net profit stood at Rs 57.13 crore in the year-ago period. Total income rose to Rs 2,146.59 crore in the fourth quarter of last fiscal from Rs 2,144.47 crore in the corresponding period of the preceding year, according to a regulatory filing. During the full 2024-25 fiscal, the company's net profit rose to Rs 429.72 crore from Rs 359.67 crore in the preceding year. Total income declined to Rs 9,426.26 crore last fiscal from Rs 9,601.87 crore in the 2023-24 financial year.
JSW Infra, the second-largest private commercial port operator, also reported a 17.06 per cent rise in revenue from operations in a stock exchange filing
Q4 FY25 company results today: Varun Beverage, Jindal Steel & Power, and Federal Bank will be among 51 companies to post earnings reports for the January-March quarter on April 30
The electricity producer's net profit was recorded at Rs 2,637 crore, down from Rs 2,737.96 crore a year ago
Coromandel's total income for the quarter ended March 2025 was at Rs 5,114 crore versus Rs 3,996 crore for the quarter ended March 2024, up 28 per cent
Adani Power on Wednesday reported a 5 per cent decline in its consolidated net profit to Rs 2,599.23 crore in the January-March quarter of 2024-25 compared to the year-ago period mainly due to lower recognition of one-time items. The Adani group company had reported a net profit of Rs 2,737.24 crore in the quarter ended on March 31, 2024, a company statement said. "The Profit After Tax (PAT or net profit) for Q4 FY25 was similar at Rs. 2,599 Crore to the PAT for Q4 FY24, affected by lower recognition of one-time items," it said. A company official in a separate statement said, "In Q4 FY24, APL's (Adani Power Ltd) PAT (net profit) had non-recurring items like higher refund received from government authorities and gain on sale of unutilized assets. These were at a lower level this quarter. The pre-tax impact of these items is about Rs 350 crore." Consolidated continuing total revenue for Q4 FY25 is higher by 5.3 per cent at Rs 14,522 crore against Rs 13,787 crore in Q4 FY24; primari
Bandhan Bank on Wednesday reported a more than five-fold increase in its net profit for the quarter ended March 31, 2025, at Rs 318 crore, compared to Rs 55 crore in the year-ago period, driven by lower provisions despite a decline in net interest income. The lender's net revenue in Q4 FY25 stood at Rs 3,456 crore, marginally lower than Rs 3,560 crore in the corresponding quarter of the previous year. Net interest income (NII) dropped 4 per cent YoY to Rs 2,756 crore, while the net interest margin (NIM) contracted to 6.7 per cent, down 4 per cent. For the full financial year FY25, the bank's profit after tax rose 23 per cent to Rs 2,745 crore from Rs 2,230 crore in FY24. For FY25, Bandhan Bank's net revenue grew 16 per cent YoY to Rs 14,458 crore, while NII rose 11 per cent to Rs 11,491 crore. Operating profit was up 11 per cent at Rs 7,389 crore.