1 / 12Hindalco Industries Ltd | The Aditya Birla Group metals flagship reported a sharp rise in standalone fourth-quarter earnings, with net profit surging 88% year-on-year to ₹2,934 crore from ₹1,561 crore in the corresponding period last year.
2 / 12Torrent Pharma | Revenue growth of 41.8% was below street expectations of 46% growth. Profit impacted due to higher depreciation and finance costs. Numbers also include consolidation of JB Chemicals. EBITDA of ₹1,356 crore, marginally higher than estimates of ₹1,304 crore.
3 / 12Divi’s Laboratories | Numbers largely in-line with expectations. Revenue growth of 10% year-on-year led by segments like custom synthesis. Margins at 33% within the 32% to 34% range. Net profit up 13%, higher than growth projections of 8%. EBITDA of ₹934 crore, also in-line to marginally below expectations of ₹977 crore.
4 / 12Eicher Motors | Revenue, profit, EBITDA were above street expectations, while margins were in-line. The board has also recommended a final dividend of ₹82 per share. On a year-on-year basis, margins were up 90 basis points.
5 / 12Colgate-Palmolive | Profit and margins in-line with expectations while revenue and EBITDA were marginally higher. Ad spends for the quarter increased by 10%. Strategic premium business is delivering 3x of overall company growth. Prepared for calibrated pricing action as needed to mitigate West Asia crisis impact. Board approves second interim dividend of ₹24 per share.
6 / 12RBL Bank | Private sector lender RBL Bank Ltd on Friday (May 22) said the Dubai-based Emirates NBD Bank (P.J.S.C) has announced an open offer to acquire up to 41.59 crore equity shares of the bank, representing 26% of the expanded voting share capital, at ₹282.38 per share, including ₹280 offer price and ₹2.38 applicable interest.
7 / 12Lupin Ltd | Global pharmaceutical major Lupin Limited on Friday announced that China’s National Medical Products Administration has approved its Abbreviated New Drug Application for Oseltamivir Phosphate for oral suspension, developed in partnership with Yabao Pharmaceuticals.
8 / 12NTPC Green Energy Ltd | The company reported a decline in fourth-quarter net profit, while revenue and EBITDA posted strong year-on-year growth. Net profit fell 15.6% to ₹197.1 crore from ₹233.3 crore in the corresponding quarter last year.
9 / 12Several stocks are likely to remain in focus following BSE’s latest index reshuffle announcement. Ambuja Cements Limited, Tube Investments of India Limited and Colgate-Palmolive (India) Limited will be removed from the BSE 100 index, while Ashok Leyland Limited, One 97 Communications Limited and CG Power and Industrial Solutions Limited are set to be added to the index effective June 22. In a separate change, TVS Motor Company will replace Adani Enterprises Limited in the Sensex 50 index from the same date.
10 / 12Kolte-Patil Developers Ltd | The real estate company reported a net loss of ₹15.8 crore in the fourth quarter compared with a profit of ₹65.3 crore in the year-ago period, as revenue and operating performance weakened sharply.
11 / 12The Ramco Cements Ltd | The firm reported a sharp rise in fourth-quarter earnings, with net profit increasing to ₹146.4 crore from ₹31 crore in the year-ago period.
12 / 12Indigo Paints Ltd | Paints manufacturer reported a 1.4% year-on-year rise in net profit to ₹57.7 crore for the fourth quarter, compared with ₹56.9 crore in the corresponding period last year.
