Yes Bank’s CEO, Prashant Kumar, has confirmed that Japan’s Sumitomo Mitsui Banking Corp (SMBC) will maintain at least a 20% stake in the lender, reinforcing its commitment to long-term investment. The deal, which marks the largest cross-border merger and acquisition in India’s financial sector, is expected to boost Yes Bank’s credit profile and lending capabilities….
South Indian Bank has reported a strong financial performance for the fourth quarter (Q4) of FY25, with net profit rising 58% year-on-year (YoY) to ₹683 crore. The bank’s shares surged to a nine-month high of ₹27.25 apiece, reflecting positive investor sentiment. Financial Highlights Market Performance & Growth Outlook South Indian Bank’s asset quality improved significantly,…
BLS E-Services Ltd has reported a strong financial performance for the fourth quarter (Q4) of FY25, with net profit rising 59% year-on-year (YoY) to ₹17.3 crore. The company also recorded a 224.83% revenue growth, reaching ₹239.21 crore, driven by higher transaction volumes and the consolidation of Aadifidelis Solutions Pvt Ltd. Financial Highlights Growth Outlook &…
Hitachi Energy India Ltd has reported a strong financial performance for the fourth quarter (Q4) of FY25, with net profit rising 62% year-on-year (YoY) to ₹183.9 crore. The company also recorded a 13% revenue growth, reaching ₹1,921.85 crore, driven by higher order execution and strong demand across key segments. Financial Highlights Growth Outlook & Expansion…
Transport Corporation of India Ltd (TCI), a leading multimodal logistics operator, has reported a 12% year-on-year (YoY) increase in net profit, reaching ₹114 crore for the fourth quarter (Q4) of FY25. The company also recorded a 9% revenue growth, totaling ₹1,179 crore, driven by strong operational efficiency and expanding logistics demand. Financial Highlights Growth Outlook…
Lupin Ltd has reported a stellar financial performance for the fourth quarter (Q4) of FY25, with net profit surging 115% year-on-year (YoY) to ₹772 crore. The pharmaceutical giant has exceeded analysts’ expectations, driven by strong sales growth in North America and India. Financial Highlights Market Performance & Growth Drivers Lupin’s North American sales surged to…
Cochin Shipyard Limited has reported a 10% year-on-year (YoY) increase in net profit, reaching ₹287 crore for the fourth quarter (Q4) of FY25. The company also recorded a 36% revenue growth, driven by strong operational performance and increased order execution. Financial Highlights Dividend Declaration & Payment Timeline The board of directors has approved a final…
Page Industries Ltd, the exclusive licensee of Jockey and Speedo brands in India, has announced its fourth interim dividend of ₹200 per equity share for FY25. The company has set the record date for dividend eligibility as May 21, 2025, with the payment scheduled on or before June 13, 2025. Financial Highlights Market Performance &…
Welspun Enterprises Ltd has reported a strong financial performance for the fourth quarter (Q4) of FY25, with net profit surging 30% year-on-year (YoY) to ₹100.3 crore. The company also recorded a 24% revenue growth, reaching ₹1,021.5 crore, driven by robust operational efficiency and steady margin expansion. Financial Highlights Growth Outlook & Expansion Plans Welspun Enterprises…
India’s defence sector has witnessed a massive surge in market capitalisation, adding ₹1.2 lakh crore over the last 12 trading sessions. Leading defence companies, including Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL), Mazagon Dock Shipbuilders Ltd, and Garden Reach Shipbuilders Ltd, have driven this rally, reflecting strong investor confidence and sectoral growth. Top Performers…
