Today’s business is likely to remain in meditation.
Ashok Leyland: For the first time since 2011, Ashok Leyland announced a 1: 1 bonus share issue. Along with this, the company announced dividends 4.25 per share, resulting in total payment 1,248 crores. In the March quarter, the company reported an increase in net profit by 38.4 percent year after year, which increased 1,246 crore, receive significant assistance by one -time tax credit 173 crores. Revenue increased by 5.7 percent for quarter 11,907 crores.
NTPC: NTPC, the country’s largest power producers, reported an increase in the quarter-spectacle 22.6 percent in profit, which increased 5,778 crore for March quarter. Standing in revenue during the quarter 43,903.7 crore reflects a sequential increase of 6 percent.
JSW Steel: JSW Steel recorded an increase of 15.7 percent year after year in consolidated net profit 1,503 crore for Q4Fy25. The performance was supported by low coking coal prices and better operating margin, which contributed to improving profitability.
Paras defense and space technologies: Paras Defense and Space Technologies signed a strategic joint venture agreement with Heaven Drone in Israel. This partnership is ready to enable the manufacture of logistics and cargo drones in India. These drones intend to both defense and citizens applications, marking a significant diversification in the company’s operational scope.
Glenmark pharmaceuticals: Glenmark Pharmaceuticals reported a stable performance for the march quarters. Revenue increased by 6.3 percent year after year 3,256 crore, while Ebitda rose 11.2 percent. Generic zetia stood on the adjusted net profit of the company, except for the cost of litigation, except for a single item. 347 crores. It also explained 17.2 percent Ebitda margin for the quarter.
Finolex industries: Finolex Industries reported a decline of 5 percent year after year in revenue, which came in 1,171.8 crore. Pure profit remained stable 165 crores. However, the company faced margin pressure, in which Ebitda fell 18 percent 171.3 crore. The Ebitda margin compressed from 16.9 percent to 14.6 percent in the same quarter of the previous year.
Ashok Buildcon: Ashok Buildcon reported an increase of 73.2 percent in the net profit for the March quarter, which increased 432.2 crore compared to 249.6 crores in the same period last year. Standing in revenue for the quarter 2,694.4 crore, which was 11.7 percent less 3,052 crore reported in the respective quarter of last year.
Gay Vennova T&D India: GE Vennova T&D India reported an increase in its net profit for the March quarter, which increased 186.49 crore, powered by high revenue. Total income increased for quarter 1,173.65 crore 919.31 crores a year ago. For full financial year 2024-25, the net profit of the company increased 608.33 crore 181.05 crore in the previous year, while the total income increased 4,354.89 crores 3,190.46 crores.
Jayprash Associates: Lenders of Jayaprash Associates approved a planned cash expenditure 936.27 crores for the ongoing quarter. This amount includes 856.73 crore for regular operational expenses 79.54 crores allocated for one time cost, supporting the company’s efforts to maintain operations.
Havells India: Havells India announced 340 crore investment to expand cable manufacturing capacity in its Alwar facility. After the expansion, the total annual cable production capacity at the plant is expected to reach 41.45 lakh kilometers. The purpose of this capital expenditure is to meet the increasing demand and increase operating efficiency.
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