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Reading: Union Bank Shares Dip After Q4 Results; Aditya Birla Sun Life AMC Profit Declines
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Q4 Results 23rd Apr Live: Union Bank shares fall after Q4 results, Aditya Birla Sun Life AMC profit declines, Infosys, Adani Energy, Cyient, Himadri Speciality, Tata Capital to announce Q4 results
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Union Bank Shares Dip After Q4 Results; Aditya Birla Sun Life AMC Profit Declines
Economy

Union Bank Shares Dip After Q4 Results; Aditya Birla Sun Life AMC Profit Declines

Indianewsweek By Indianewsweek April 23, 2026 2 Min Read
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Q4 Results Update – April 23, 2026: Key Financial Highlights

On April 23, 2026, Aditya Birla Sun Life AMC Ltd, Adani Energy Solutions Ltd, and several other firms announced their Q4 results. Notable updates include:

  1. Infosys Ltd reported a consolidated net profit of ₹8,501 crore for the January-March quarter of FY26, marking a 20.8% increase from ₹7,033 crore in the same quarter the previous year, driven largely by significant deal wins.

  2. Adani Energy Solutions Ltd saw a slight year-on-year profit growth of 6%, posting a net profit of ₹684 crore. The company’s revenue rose by 17% to ₹7,443 crore, reflecting enhanced operational performance.

  3. Cyient Ltd approved a share buyback plan worth ₹720 crore, despite reporting a 9.1% decline in its Q4 net profit.

  4. Aditya Birla Sun Life AMC recorded a net profit decrease of 18% to ₹187 crore for Q4, down from ₹228 crore a year ago, primarily due to a drop in other income.

  5. The stock market experienced declines, with the Sensex settling 852.49 points lower at 77,664.00, and Nifty 50 down 205.05 points to 24,173.05.

Additional highlights include:

  • Union Bank of India reported a net profit of ₹5,315.76 crore for Q4, up from ₹4,984.82 crore year-on-year, but shares traded down 6%.
  • Tata Teleservices (Maharashtra) Ltd transformed its financial outlook, showing a net profit of ₹580.93 crore compared to a ₹306.42 crore loss in the same quarter last year.
  • Havells India experienced a profit increase of 40.5% to ₹734.24 crore but saw shares fall by 6.5% amid concerns regarding demand.

This round of financial disclosures underscores the mixed performance across various sectors amidst ongoing market challenges. Further updates and analyses can be expected from Businessline.

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