In the past five trading days, HDFC Bank and ICICI Bank shares have outperformed the market by surging up to 11 per cent
Q4 FY25 company results today, April 21: Aditya Birla Money and Himadri Speciality Chemical will be releasing their earnings report for the January-March quarter
Administering the right dose for asset-light expansion and steady margins
The country's most valuable company is scheduled to announce its Q4FY25 results on April 25, the company said in a filing to exchanges on Friday
India's top-rung IT services companies TCS, Infosys and Wipro disappointed with their March quarter and full year FY25 scorecards on multiple counts and collectively signalled heightened caution up ahead, as macro uncertainties compounded by global trade woes eroded sentiments and weighed on business outlook. The overhang of macro concerns reflected on several fronts, from muted outlook to hesitation to commit upfront on wage hikes, as management commentary from India's billion-dollar IT powerhouses remained largely sobering in the just-ended quarter. Hiring trends fared a tad better. TCS, Infosys, and Wipro cumulatively added 1,438 employees between Q3 and Q4 FY25, marking a shift, and indeed a reversal, from declines of over 900 seen in the previous quarter. With US tariff posturing swiftly resetting global trade dynamics, the tone of business commentary in Q4 was punctuated with references to underlying uncertainties and caution. "The global industry environment remained uncerta
Realty firm Macrotech Developers' net debt fell by 7 per cent in the January-March quarter to nearly Rs 4,000 crore on strong housing sales and fund collections from customers. Macrotech Developers, which sells properties under the Lodha brand, is one of the leading real estate developers in the country. In its latest operational update, Macrotech Developers noted that the company's net debt reduced by Rs 320 crore during the January-March quarter to Rs 3,990 crore. The company's net debt stood at little over Rs 4,300 crore at the end of December 31, 2024. The reduction has been achieved despite significant investment in acquiring land parcels for future development. The company buys land outright and also partners with landowners to develop housing projects. Macrotech Developers' internal cash flow remained strong last fiscal year due to record sales bookings and healthy fund collections from customers. Macrotech Developers' sale bookings grew 21 per cent last financial year to
Net interest margin (NIM) for Q4FY25 stood at 2.5 per cent compared to 2.4 per cent in Q4FY24
On the net interest income (NII) front, analysts remain divided and see the growth between -7.6 per cent and 9 per cent Y-o-Y.
Local search engine Just Dial has reported a 61 per cent year-on-year increase in net profit in FY25 to Rs 584.2 crore. For the January-March quarter of FY25, Just Dial logged a profit of Rs 157.6 crore. Revenue for FY25 was Rs 1,141.9 crore, reflecting a 9.5 per cent growth over FY24. Revenue in Q4 came in at Rs 289.2 crore, a 7 per cent uptick over the corresponding period of the last fiscal year. In Q4 specifically, growth was driven by well-strategised merchant acquisition initiatives that enabled deeper penetration in both urban and semi-urban markets, a company statement said. Quarterly unique visitors on the platform reached 191.3 million in Q4, an 11.8 per cent year-on-year growth, while total business listings stood at 48.8 million at the end of FY25. "FY25 has been a landmark year for Justdial -- not just in terms of financial performance, but also in how we have transformed local business engagement. "With Generative AI integration, enriched listings, and a sharpened
Realty firm Kolte-Patil Developers Ltd's sale bookings declined 15 per cent to Rs 631 crore in the fourth quarter of last fiscal on lower volumes. Its sale bookings stood at Rs 743 crore in the year-ago period. Sale bookings in volume terms fell 23 per cent to 0.8 million square feet during January-March quarter of 2024-25 from 1.03 million sq ft in the corresponding period of the preceding year, according to a regulatory filing on Thursday. During the full 2024-25 fiscal, Kolte-Patil Developers Ltd fell marginally by 1 per cent to Rs 2,791 crore from Rs 2,822 crore in the preceding fiscal. Sales volume declined 8 per cent to 3.60 million square feet from 3.92 million square feet, but average realisation rose 8 per cent to Rs 7,758 from Rs 7,193 per square feet. Pune-based Kolte-Patil Developers Ltd is one of the leading real estate firms in the country. Atul Bohra, Group CEO of Kolte-Patil Developers, said, "During FY25, we recorded milestone collections of Rs 2,432 crore, reinfo
CEO Srinivas Palia blames tariff war and macro woes for revenue slide
India's fourth largest software company continues to underperform compared to peers
Infosys signals weak FY26 after muted Q4 result
Infosys reports 12% fall in Q4 net profit to ₹7,033 crore; announces ₹22 dividend and highlights AI, cloud, and automation focus for FY26
Q4 FY25 company results today, April 18: Orosil Smiths, Mastek, Punctual Trading and nine other companies will release their earnings report for the Jan-March quarter
Nuvama Institutional Equities said therapies like antidiabetic, anti-infective and respiratory had underperformed in the Indian pharma market
Board approves dividend of ₹0.5 per share
Jio Financial Services Ltd on Thursday said its consolidated net profit rose 1.8 per cent to Rs 316.11 crore for the March quarter. The company had earned a consolidated net profit of Rs 310.63 crore in the same quarter of the previous 2023-24 fiscal year. Its profit in the third quarter of 2024-25 fiscal year was Rs 295 crore, Jio Financial Services said in a regulatory filing. Total income increased to Rs 518 crore, from Rs 418 crore in the fourth quarter of the previous fiscal year, a year-on-year growth of 24 per cent. Total expenses also witnessed a year-on-year increase at Rs 168 crore as compared to Rs 103 crore in the same quarter a year ago. For the full 2024-25, the company's net profit also improved marginally to Rs 1,612.59 crore, as against Rs 1,604.55 crore in 2023-24. The board of the company recommended a dividend of Rs 0.50 per equity share of Rs 10 each for the financial year ended March 31, 2025. Jio Financial Services, carved out from Reliance Industries Ltd,
Net profit of the company grew by 15 per cent Y-o-Y in FY25 to ₹1,802 crore
In comparison, the company posted a PAT of Rs 541 crore in the year-ago period, the fund house said in a regulatory filing to the stock exchanges