Realty firm Prestige Estates Projects Ltd has posted an 82 per cent decline in its consolidated net profit to Rs 25 crore in the quarter ended March. Its net profit stood at Rs 140 crore in the year-ago period. Total income fell to Rs 1,589.3 crore in the fourth quarter of the last financial year from Rs 2,232.5 crore in the corresponding period of the preceding year, according to a regulatory filing on late Thursday. During the 2024-25 fiscal, Prestige Estates' net profit fell sharply to Rs 467.5 crore from Rs 1,374.1 crore in the preceding year. Total income too declined to Rs 7,735.5 crore in the last fiscal from Rs 9,425.3 crore in the 2023-24 fiscal. Prestige Estates has also partnered with Valor Group to develop an office complex worth Rs 4,500 crore in Mumbai. Prestige Estates informed that it has entered into a framework agreement with Valor Estate Ltd and its wholly owned subsidiaries for jointly developing a project on lands admeasuring in the aggregate 21,978.22 square
Stock Market Highlights on Friday, May 30, 2025: Among the broader basket, Nifty Midcap100, and Nifty Smallcap100 ended with a loss of 0.06 per cent and 0.03 per cent, respectively
BSE share price today hit a new high of ₹2,670 as it rallied 8.3 per cent on the National Stock Exchange in the intraday trade
Gujarat Pipavav Port shares were in demand as the company posted strong Q4 results
Ola Electric shares slipped 9.7 per cent in trade after its fourth quarter loss widened and revenue declined 62 per cent
SJVN share price lost 5.1 per cent in trade on Friday, May 30, 2025, after the company posted a loss in Q4 compared to profit a year ago
Lumax Auto Technologies shares hit a new high of ₹795 today, surging 15 per cent on the BSE in Friday's intraday trade
Sobha share price jumps 7 per cent as Q4 net profit jumps multifold to ₹40.85 crore as compared to ₹7.02 crore a year ago
Mazagon Dock Shipbuilders posted a 51 per cent decline in profit after tax (PAT) in Q4; stock slipped 8 per cent
Bajaj Auto's total revenue from operations increased 5.8 per cent Y-o-Y to ₹12,148 crore in Q4FY25, from ₹11,484.7 crore a year ago.
In Q4FY25, volume growth picked up. NMDC implemented price hikes in FY25. In future, volume pick-up and stable realizations will be key
The decline in the net profit was attributed to subdued performance in the domestic motorcycle market
IFFCO reports Rs 2,823 crore FY25 net profit with strong nano fertiliser sales but flags slow adoption; turnover grows 4.5 per cent to Rs 41,244 crore
Taking a broad view, the Q-o-Q acceleration could mean the business cycle is shifting into higher gear
Revenue from operations for the January-March period increased to ₹29,317 crore, up from ₹27,666 crore in the corresponding quarter a year earlier
The company's revenue from operations rose by 62 per cent to ₹1,240.61 crore in the Q4FY25, it had reported ₹762.86 revenue in the corresponding quarter of FY24
Fertilizer major IFFCO on Thursday reported a 16 per cent increase in net profit to Rs 2,823 crore and a 4.5 per cent growth in turnover to Rs 41,244 crore during the last fiscal on higher sales of conventional soil nutrients as well as nano liquid urea and nano liquid DAP. It had posted a net profit of Rs 2,443 crore and turnover of Rs 39,474 crore in the 2023-24 fiscal. Cooperative IFFCO Managing Director U S Awasthi highlighted that sales of nano fertilisers rose 46 per cent last fiscal to 364.41 lakh bottles (of 500 ml each) but rued that "growth in sale volumes is not as per the expectation". Asserting that the nano fertilisers are effective if application is done in prescribed manner, he said the cooperative is focusing on creating awareness about the benefits of the new products. It is investing a lot on purchasing drones for spraying nano liquid. He said the cooperative has got a good response for nano-fertilisers in overseas markets, including Brazil and the United ...
However, the two-wheeler manufacturer's revenue from operations increased by 8.5 per cent YoY to ₹12,204.49 crore in the Q4FY25, it had posted ₹11,249.80 crore revenue in the same quarter last year
Nuvama Wealth Management on Thursday reported a 41 per cent growth in net profit to Rs 255 crore for the fourth quarter ended March 2025. The wealth management firm earned a profit after tax of Rs 181 crore in the March quarter of 2023-24. Its total income rose to Rs 1,125 crore during the March quarter from Rs 929 crore in the corresponding quarter of FY24. For the full 2024-25 fiscal, Nuvama Wealth reported a 58 per cent growth in net profit to Rs 985 crore. In FY24, it had a profit of Rs 625 crore. Nuvama Group MD & CEO Ashish Kehair said in the Wealth Management business, the company saw strong momentum in net flows. "We continued to invest substantially for growth, we added sales capacity and expanded our geographical reach, including offshore. We further strengthened our digital infrastructure, including integration of AI tools to serve our clients better," Kehair said. The company's board has announced an interim dividend of Rs 69 per equity share of the face value of Rs 1
The revenue from operations declined 59.5 per cent to ₹611 crore in Q4FY25, the company had reported the same as ₹1,598 crore in the corresponding quarter last year