Page 51 - Latest Updates on Q4 Results

Marico sees sequential uptick in volume in Q4 with improved market share

Marico has witnessed a sequential uptick in volume with an improvement in market shares across its key franchises during January-March quarter of FY25, but the company expects a contraction in gross margins due to high copra and vegetable oil prices, the home-grown FMCG firm said in a quarterly update on Thursday. During the quarter, the FMCG sector experienced stable demand trends amidst the improving trajectory in rural and mixed trends across mass and premium urban segments. "In the given context, the India business posted a sequential uptick in underlying volume growth with improving market shares across key franchises," said Marico, which owns brands such as Saffola, Parachute and Livon. Its Parachute Coconut Oil witnessed transient sluggishness in volumes due to lower consumption amidst the steep rise in consumer pricing and impact of grammage reduction in certain packs. "We expect volumes to pick up as the stress on the consumer wallet eases, driven by the seasonal moderatio

Solex Energy FY25 revenue rises 80% to Rs 665 cr in FY25, aims expansion

Solex Energy on Thursday reported a revenue of Rs 665 crore for FY25, marking an increase of over 80 per cent over the preceding fiscal. The company had garnered a revenue of Rs 368 crore in the 2023-24 financial year, it said in a statement. Approximately 22 per cent of the company's revenue comes from the EPC business, while the remaining portion is generated from the module business, the company said. It has reported a revenue of 665 crore, which is 80 per cent higher year-on-year (y-o-y), the company said. The company's Chairman & Managing Director (CMD) Chetan Shah said, "As we approach our 30th year in the industry, we remain dedicated to accelerating India's clean energy transition and expanding our global footprint." The company is bullish on the growing renewable energy market in India and has already announced a multi-crore investment plan under its vision 2030 strategy, he said. Gujarat-based Solex Energy has plans to increase its module manufacturing capacity from 1.5

Hindustan Zinc Q4 growth: Firm reports 4% rise in mined metal production

Vedanta group firm Hindustan Zinc Ltd has reported 4 per cent rise in mined metal production at 3,10,000 tonne in the fourth quarter of FY25, over the year-ago period. The company's mined metal output was 2,99,000 tonne in the fourth quarter of FY24. The company said that it recorded "mined metal production of 310 kt ....driven by higher mined metal grades, mills recovery and increase in production at Agucha and Zawar mines." The company's refined zinc production was at 2,14,000 tonne and lead production was at 56,000 tonne. However, the saleable silver production declined to 177 metric tonne during the quarter. The company's wind power generation for 4QFY25 was up 3 per cent to 63 million tonne (MU). Hindustan Zinc Ltd is the world's largest integrated zinc producer and the third-largest silver producer.

RIL to post flat Q4 margins; Earnings growth to rise in FY26: Goldman Sachs

Goldman Sachs maintained a 'buy' rating on the stock with a target price of ₹1,640 per share, an upside of 28 per cent

Stocks to Watch on Apr 2, 2025: CSB Bank, Zomato, Swiggy, auto stocks, MTNL

Stocks to Watch on Apr 2, 2025: Zomato, Swiggy, auto stocks, and others will remain in focus today

OYO expects 60% jump in Q4 revenue at Rs 2,100 crore: Ritesh Agarwal

Global travel tech platform OYO expects to register over 60 per cent year-on-year growth in revenue for the fourth quarter ending March at Rs 2,100 crore, Founder Ritesh Agarwal told the senior leadership on Monday. The OYO Founder and CEO informed the company's top leadership that the sharp jump in Q4 revenue highlights the company's ability to drive sustainable, profitable growth. "We are on track to register over 60 per cent year-on-year revenue growth in Q4 FY25, reaching over Rs 2,100 crore. This marks a significant milestone and highlights our ability to drive sustainable, profitable growth. A key contributor to this performance has been the successful integration of G6 Hospitality, adding Rs 275 crore to our revenue," Agarwal said in the email sent to OYO's senior leadership, seen by PTI. Even without G6, its revenue stands strong at Rs 1,886 crore, demonstrating robust organic growth of 42 per cent, Agarwal said. G6 Hospitality, acquired by OYO from Blackstone in 2024, is a

IT firm Happiest Minds confident to grow in double digits next fiscal

Indian IT companies - both large and medium - are bracing themselves for another uncertain year as the industry is yet to assess the impacts of tariffs on the US economy

Banks set to make treasury gains in Q4 FY25 as bond yields soften

The yield on the 10-year benchmark government bond fell 8 basis points in the previous week - the steepest weekly decline in four months, since November 30, 2024 - to settle at 6.62 per cent

New order inflows in Q4 tepid so far for engineering, capital goods

According to Antique Stock Broking, for February, projects awarded remained flat year-on-year (Y-o-Y) at Rs 56,000 crore

IndusInd Bank CEO confident of Q4 net profit despite derivatives hit

Kathpalia assures strong capital adequacy as promoters reaffirm trust in bank

Walmart Q4 growth: Retail giant leverages Flipkart's Big Billion Days shift

On overall performance, the US-based retail giant said that the company performed well in India

Pace of order inflow, peak margin worries for ABB after strong Q4

Stock vulnerable to valuation downgrades as engineering company's management says growth will revive

ABB India rises 5% as Q4 revenue hits 5-year high, profit zooms 56% YoY

The rise in ABB India share came after the company announced a strong set of results in the fourth quarter of calendar year 2024 (Q4CY24)

PTC Industries freezes at 10% lower circuit post Q3 results

With today's 10% decline at Rs 11,789.05 on the BSE, the stock price of PTCIL corrected 34% from its 52-week high level of Rs 17,978 touched on January 9, 2025.

CME Group's profit rises in Q4 as hedging demand lifts trading volume

Market volatility remained high in the quarter due to tensions in the Middle East, uncertainty around US President Donald Trump's policies and the Federal Reserve's interest-rate cuts

McDonald's sees biggest drop in US sales in Q4 in nearly five years

It fell 1.4 per cent in the US, McDonald's biggest market, its steepest drop since the COVID-19 pandemic almost five years ago when restaurants limited operations to drive-thru and delivery

Varun Beverages Q4 results: Net profit rises over 40% to Rs 185 crore

Revenue from operations rose 39.8 per cent to nearly Rs 3,818 crore, while expenses jumped 41.3 per cent due to an increase in the costs of raw materials

Nasdaq-listed IT major Cognizant targets 6.5-8% growth in Q1 FY25

The Nasdaq-listed firm reported a revenue growth of 6.7 per cent for the fourth quarter

Thomson Reuters Q4 revenue up 5%, raises 2025 organic growth targets

The Toronto-based content and technology company reported quarterly revenue rising 5 per cent to $1.909 billion, slightly ahead of analyst expectations of $1.907 billion

ArcelorMittal Dec qtr results: Loss trims to $390 mn, production at 14 MT

Global steel giant ArcelorMittal has reduced its loss to USD 390 million during the fourth quarter ended December 31, 2024. In the same quarter of 2023, it had posted USD 2,966 million loss (attributable to equity holders of the parent), the Luxembourg-based company said in a statement. The company follows the January-December financial year. During the full year, the company's net income rose to USD 1,339 million, higher from USD 919 million in January-December 2023. Its crude steel production during the fourth quarter increased marginally to 14 MT, from 13.7 MT in the same period a year ago. In 2024, the production also fell to 57.9 MT, over 58.1 MT in 2023. During the October-December quarter, the total steel shipments stood at 13.5 MT, as against 13.3 MT in 2023. In 2024, shipments fell marginally to 54.3 MT, from 55.6 MT in 2023. Sales in 4Q 2024 were at USD 14,714 million, over USD 14,552 million in 4Q 2023. Sales for the entire year got reduced to USD 62,441 million, fr