Cemindia Projects reported a fourth-quarter net profit of ₹242 crore, a significant increase from ₹113 crore year-on-year. The company’s revenue also saw a rise, reaching ₹2,973 crore compared to ₹2,532 crore in the same quarter last year.
Navin Fluorine International posted a consolidated fourth-quarter net profit of ₹212 crore, up from ₹95 crore year-on-year, with revenue increasing to ₹940 crore from ₹700 crore.
Schaeffler India achieved a consolidated net profit of ₹316 crore for the fourth quarter, compared to ₹252 crore in the previous year, while its revenue rose to ₹2,586 crore from ₹2,200 crore.
Mas Financial Services reported a consolidated net profit of ₹103 crore for the fourth quarter, an increase from ₹82.5 crore year-on-year, with revenue rising from ₹440 crore to ₹540 crore.
Indiabulls transitioned from a loss of ₹164 crore in the previous year to a net profit of ₹194 crore this quarter, with revenue increasing to ₹408 crore from ₹100 crore.
IIFL Finance recorded a net profit of ₹590 crore compared to ₹210 crore year-on-year. Its revenue surged to ₹3,692 crore from ₹2,590 crore, and the Gross Non-Performing Assets (GNPA) ratio improved to 1.46% from 1.60% quarter-on-quarter.
In other positive developments, Emcure Pharma saw Norges Bank acquire 180,000 shares. Indian Hume Pipe Company Ltd received a work order worth ₹458.69 crore from the Government of Telangana for a water supply improvement scheme.
Veerhealth Care secured a repeat export order valued at $151,200, while Manali Petrochemicals inaugurated a new manufacturing facility in Chennai, a step taken by its subsidiary, Pennwhite India. Panorama Studios acquired airborne rights for films, including “Baaghi 4” and “Housefull 5.”
Brigade Enterprises formed a 50:50 joint venture with Bain Capital to develop a 2 million sq. ft. project in Bengaluru, with total investment anticipated at ₹2,200 crore. Chambal Fertilisers is set to commence production of weak nitric acid and ammonium nitrate solution starting May 15.
Puravankara’s arm received a Letter of Intent valued at ₹144 crore for civil works in Bengaluru. Time Technoplast obtained approval to manufacture 250-litre hydrogen cylinders for public transport. SG Finserve reported that S Gupta Holding purchased 375,000 shares at ₹564.15 each.
ACME Solar’s arm commissioned an additional 35.714 MW of Battery Energy Storage System (BESS) capacity in Rajasthan, while EPACK Prefab commenced commercial production at its Mambattu manufacturing plant in Andhra Pradesh as of April 29.
Ravindra Energy indicated a consolidated net profit of ₹12.60 crore, slightly down from ₹12.90 crore year-on-year, with a decrease in revenue to ₹138 crore from ₹160 crore.
Motilal Oswal Financial Services reported a net loss of ₹220 crore, worsening from a loss of ₹64.8 crore year-on-year, despite revenue increasing to ₹2,670 crore from ₹1,190 crore.
Force Motors recorded a net profit of ₹279 crore, down from ₹435 crore year-on-year, while its revenue increased to ₹2,550 crore from ₹2,360 crore. Accelya Solution experienced a decline in net profit to ₹21.30 crore from ₹30.20 crore, with revenue remaining relatively stable at ₹136 crore.
Syngene reported a net profit of ₹147.9 crore, down from ₹183.0 crore year-on-year, with revenue reaching ₹1,036 crore compared to ₹1,018 crore. MOIL posted a net profit of ₹93 crore, down from ₹115 crore, with revenue slightly increasing to ₹444 crore from ₹433 crore.
RPG Life also saw a drop in net profit to ₹30 crore from ₹117 crore, while revenue improved to ₹177 crore from ₹143 crore. Indegene reported a net profit decline to ₹80 crore from ₹118 crore, with revenues rising to ₹1,003 crore from ₹755 crore.
Jana Small Finance Bank recorded a net profit of ₹140 crore versus ₹120 crore in the previous year, with revenue increasing to ₹1,440 crore from ₹1,199 crore.
Bajaj Finance reported a consolidated net profit of ₹5,464 crore, up from ₹4,480 crore year-on-year, with a revenue increase to ₹19,170 crore from ₹16,360 crore.
In other corporate news, Gujarat Gas‘s board approved a name change to “Gujarat Energy Ltd.” The Gujarat State Petronet set May 12 as the record date for the GSPL-Gujarat Gas scheme.
Lloyds Metals announced plans for a fundraise of up to ₹2,500 crore, scheduled for board consideration on May 5. Larsen & Toubro disclosed the sale of its 100% stake in Hyderabad Metro for ₹1,461.47 crore.
Vedanta executives indicated that, post-demerger, trading of newly listed entities would begin in mid-June. Meanwhile, Navin Fluorine International expressed strong growth expectations heading into FY27, with additional capex for HFC capacity on track for commissioning in Q3FY27.
Federal Bank appointed Mr. Manikandan as the Chief Financial Officer.
String Metaverse’s board approved a selective bonus issue of 2:9 for public shareholders. Jagsonpal Pharmaceuticals Ltd announced an ex-dividend date for a share buyback on Monday, while various other companies, including ABB India Ltd, Hindustan Zinc Ltd, Stovec Industries Ltd, and Tanla Platforms Ltd, set today as their respective ex-dividend dates for dividends or rights issues.
On a negative note, HEG reported a net loss of ₹118.8 crore vs ₹68.8 crore, with revenues at ₹603 crore compared to ₹537 crore year-on-year. NDTV experienced a net loss of ₹98 crore compared to ₹60 crore, while revenues increased to ₹147 crore from ₹127 crore.
Fino Payments Bank posted a net profit of ₹7 crore versus ₹24 crore, and a decline in PPOP to ₹5.4 crore from ₹29.7 crore year-on-year. Systematix faced a net loss of ₹11.8 crore against a profit of ₹3.3 crore, with revenues declining to ₹24 crore from ₹33 crore.
Zuari Agro Chemicals received a ₹296 crore notice from the Goa Water Authority, marking a significant challenge for the company.
