Larsen & Toubro (L&T), India’s leading engineering and construction conglomerate, has announced its financial results for the fourth quarter of FY2024-25, reporting a 25% year-on-year (YoY) increase in consolidated net profit to ₹5,497 crore. The company attributes this growth to strong order inflows and operational efficiencies. Financial Highlights Dividend Declaration & Market Performance L&T’s board…
Asian Paints Ltd, India’s largest paint manufacturer, has reported a 45% year-on-year (YoY) decline in net profit for the fourth quarter of FY2024-25, amounting to ₹692.1 crore. The company attributes the drop to weak demand conditions and rising operational costs. Financial Highlights Dividend Declaration & Market Performance Asian Paints’ board has recommended a final dividend…
State-owned power sector financier REC Ltd has announced its financial results for the fourth quarter of FY2024-25, reporting a 5.66% year-on-year (YoY) increase in net profit to ₹4,309.98 crore. The company attributes this growth to higher revenues and strong operational performance. Financial Highlights Dividend Declaration & Market Performance REC’s board has recommended a final dividend…
Pidilite Industries Ltd, India’s leading manufacturer of adhesives, sealants, and construction chemicals, has announced its financial results for the fourth quarter of FY2024-25, reporting a 40.5% year-on-year (YoY) increase in net profit to ₹427.5 crore. Despite the strong profit growth, the company’s earnings fell short of market estimates. Financial Highlights Dividend Declaration & Market Performance…
Biocon Ltd, a leading biopharmaceutical company, has announced its financial results for the fourth quarter of FY2024-25, showcasing a remarkable 153% year-on-year (YoY) increase in net profit to ₹344 crore. The company attributes this surge to strong operational performance across its generics, biologics, and research services divisions. Financial Highlights Strategic Developments & Expansion Plans Biocon…
Birla Corporation Ltd, the flagship company of the M P Birla Group, has reported a robust financial performance for the fourth quarter of FY2024-25, with a 32.8% year-on-year (YoY) increase in net profit to ₹256.6 crore. The company attributes this growth to higher capacity utilization and improved realizations, driven by an uptick in demand and…
Coal India Ltd (CIL) has reported a 12% year-on-year (YoY) increase in its Q4 FY25 consolidated net profit, reaching ₹9,604 crore, driven by higher income and operational efficiencies. Financial Performance Highlights Operational Developments Coal India’s Ib Valley coal washery, operated by Mahanadi Coalfields Ltd (MCL), became the largest non-coking coal washery in India, generating ₹314…
Housing and Urban Development Corporation (HUDCO) has announced a 28% year-on-year (YoY) increase in its net profit, reaching ₹2,709 crore for FY25, driven by strong loan disbursements and improved asset quality. The company also plans to raise $2 billion through overseas borrowings, primarily targeting the Japanese market. Financial Performance Highlights Overseas Fundraising Strategy HUDCO plans…
ICICI Securities (I-Sec) has initiated coverage on United Breweries Ltd (UBL) with an ‘Add’ rating, setting a target price of ₹2,300. The brokerage firm anticipates strong revenue, EBITDA, and PAT growth over the next few years, driven by premium portfolio expansion and improved operational efficiency. Investment Rationale I-Sec expects United Breweries to deliver: The brokerage…
Bharat Forge Ltd., India’s leading auto and defense component manufacturer, reported its Q4 FY25 earnings, highlighting strong revenue growth but potential challenges in its defense business and tariff impact on exports. Financial Performance Challenges in Defence and Export Segments Despite overall growth, Bharat Forge’s defense business may drag domestic revenue, while the passenger vehicle segment…
