From Larsen & Toubro reporting a mixed set of Q4 results to Poonawalla Fincorp reporting a sharp 309% year-on-year rise in its Q4 net profit at ₹255 crore, here are some stocks to watch ahead of Wednesday’s trading session.
1 / 6Larsen & Toubro | The company reported a mixed set of Q4 results on May 5, with steady revenue growth but earnings falling short of Street expectations amid margin pressures and a high base.
2 / 6SRF Ltd | Chemical-based multi-business entity reported a 10.6% year-on-year rise in net profit for the fourth quarter at ₹582 crore, compared with ₹526 crore in the year-ago period. Revenue for the quarter rose 7% to ₹4,615 crore from ₹4,313 crore a year earlier.
3 / 6UCO Bank | The bank has secured a major reprieve in a tax dispute, with a substantial reduction in its Goods and Services Tax (GST) liability following an appellate ruling.
4 / 6Poonawalla Fincorp Ltd | The firm reported a sharp 309% year-on-year rise in its Q4 net profit at ₹255 crore, compared to ₹62 crore in the corresponding period last year.
5 / 6Jammu & Kashmir Bank Ltd | The bank reported a 36.5% year-on-year rise in net profit for the fourth quarter at ₹798 crore, compared with ₹585 crore in the year-ago period. Net interest income (NII) increased 0.5% to ₹1,487.5 crore from ₹1,480 crore in the corresponding quarter last year.
6 / 6Spandana Sphoorty Financial | The company reported a sharp turnaround in the March quarter, swinging to a net profit of ₹5.27 crore compared to a loss of ₹434.3 crore a year ago.
