2h ago
Uno Minda Q1 revenue rises 23.8% as EBITDA margin narrows to 10.3%; shares gain
Uno Minda reported June-quarter results with consolidated net profit up 1.9% year on year to ₹315.5 crore and revenue up 23.8% to ₹5,556.9 crore. EBITDA rose 5.3%, but the EBITDA margin narrowed to 10.3% from 12% a year earlier. The company also completed the purchase of the remaining 19% stake in Minda Onkyo India held by Japan’s Onkyo Sound Corporation after the quarter ended. The earnings release acted as a single-stock results catalyst within traditional assets, directly affecting Uno Minda’s valuation and market sentiment.
2h ago
5h ago
NALCO shares climb after Kotak and ICICI upgrades, as ratings split between buy and add
National Aluminium Company Ltd. (NALCO) posted a strong Q1 FY2026, with revenue at ₹3,806.9 crore, up 39% year on year. Net profit rose 91% to ₹1,049 crore, while EBITDA increased 82% to ₹1,488 crore, helped by higher aluminium prices as well as improved output and sales volumes. The company is progressing pre-commissioning work for a 1 million tonne-per-annum alumina refinery, with commercial operations expected to start in Q3 FY2027. It also plans to ramp up captive coal production to 4.8 million tonnes per annum to ease cost pressures.
5h ago
17h ago
UPL flags more agrochemical price hikes in FY27 as input costs stay high
UPL said it expects the agrochemical industry to keep raising prices through the rest of FY27 as input costs remain elevated and geopolitical uncertainty persists. Management said early price actions helped protect margins, while it stayed cautious on volumes given weather risks and a volatile global backdrop. In the quarter, all major businesses reported positive pricing, with India crop protection up 8-9%, seeds up 13-14% and specialty chemicals up 34-35%. Overall pricing added about 3% to revenue growth, helping lift revenue by more than 10% year on year and raising contribution margin to 45.2%.
17h ago
19h ago
KEI Industries Q1 FY27 net profit rises 40.1% to ₹274 crore as margin improves
KEI Industries reported Q1 FY27 results with consolidated net profit of ₹274 crore, up 40.1% year on year. Revenue from operations rose 23% to ₹3,185 crore, while EBITDA increased 53.4% to ₹396 crore. Profit after tax margin improved to 8.61%, supported by broad-based demand across wires and cables and a better product mix. The results directly point to stronger profitability in the company’s core business and are a fundamental positive for KEIIND shares.
19h ago
19h ago
Paytm faces ₹2,021 crore block deal as Saif Partners and Elevation Capital cut 2.3% stake on July 4
Paytm (ONUS) is set for a block deal on July 4 as early investors Saif Partners and Elevation Capital plan to sell about 2.3% of the company. The offering covers up to 1.49 crore shares, with the total value capped at ₹2,021 crore ($210 million) and priced at a 4.99% discount to the previous close. The sale is a secondary transaction and does not involve any capital raising by Paytm, according to a CNBCTV18-reviewed term sheet.
19h ago
20h ago
Torrent Power Q1 revenue rises to ₹8,124 crore, net profit falls 12.7% to ₹639 crore
Torrent Power reported fiscal 2024 Q1 revenue of ₹8,124 crore, up 2.8%, while EBITDA rose 3.7% to ₹1,538 crore and operating margin held at 19%. Net profit fell 12.7% year on year to ₹639 crore as finance costs increased. The distribution and renewable energy segments posted strong performance, delivering 10% and 6% EBITDA growth, respectively. The results highlight pressure on earnings quality for the company’s core equity.
20h ago
20h ago
Great Eastern Shipping Q1 net profit more than doubles to ₹1,309 crore; declares ₹14.40 interim dividend
The Great Eastern Shipping Company reported a Q1 FY2024 net profit of ₹1,309 crore, more than doubling from a year earlier. Operating revenue rose 66.9% year on year to ₹2,005.4 crore, while the EBITDA margin widened to 66.7% from 53.5%. The company declared an interim dividend of ₹14.40 per share. Ahead of the results, the stock rose 3.97% to ₹1,404 on the NSE.
20h ago