GLOBAL OFFSHORE SERVICES LTD Q1 RESULTS
Hero MotoCorp Q4 Results: Standalone PAT rises 6% YoY to Rs 1,081 crore; dividend declared at Rs 65/share
Hero MotoCorp Q4 Results: Hero MotoCorp reported a 6% YoY increase in Q4 net profit, reaching Rs 1,081 crore, with revenue up 4% to Rs 9,519 crore. The company achieved record revenue and profit for FY25, driven by growth in premium, scooter, and EV segments. A final dividend of Rs 65 per share was recommended, reflecting the company's strong performance and future outlook.
Cipla Q4 Results: Net profit rises 30% YoY to Rs 1,222 crore, revenue up 8.5%
Cipla Q4 Results: The company’s revenue from operations grew by 8.45% year-on-year to Rs 6,597.72 crore, compared to Rs 6,082.37 crore in the corresponding quarter of the previous fiscal
UPL shares drop 5% despite over 20x surge in Q4 profit
UPL Ltd shares declined by 5% following the release of its Q4FY25 results. The company reported a significant increase in net profit, reaching Rs 900 crore. Revenue also grew by 11% to Rs 15,570 crore. UPL's EBITDA stood at Rs 3,240 crore, marking a 68% year-on-year increase. The board announced a dividend of Rs 6 per share.
ETMarkets Smart Talk: Logistics, retail, green energy set to soar under India-UK FTA, says Charles Russell Speechlys’ Kim Lalli
As the long-awaited India-UK Free Trade Agreement edges closer to finalisation, optimism is running high across key industries. Kim Lalli, Partner at international law firm Charles Russell Speechlys and head of its India Desk, calls the FTA a “game-changer” that is poised to unlock vast opportunities for cross-border collaboration.
Paytm shares fall 5% after Ant Financial likely offloads 4.1% stake via block deals
Ant Financial, a subsidiary of Alibaba, is reportedly planning to sell Paytm shares worth ₹2,200 crore through block deals, offering them at ₹809.7 each, a 6.4% discount. This sale could reduce Ant Financial's stake in Paytm from 9.85% to around 4%. Goldman Sachs and Citigroup are managing the deal.
Flipkart‘s quick breather; Now hiring: AI leaders
Happy Tuesday! Flipkart is going slow on the expansion of its quick commerce service to control costs. This and more in today’s ETtech Morning Dispatch.
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Is a US recession imminent and what would be the impact on India? How should we manage a robust portfolio in this scenario?
US tariff policies have stirred economic uncertainty, potentially triggering a short-term recession due to delayed capital expenditure and cautious investment. While the IMF forecasts reduced global growth, India faces impacts on exports, manufacturing, and commodity prices. Amidst this volatility, bonds emerge as a promising asset class for investors seeking stable returns, offering an opportunity to navigate the uncertain market landscape.
PVR Inox Q4 Results: Cons loss narrows to Rs 125 crore, revenue falls 0.5% YoY
PVR Inox Q4 Results: Revenue from operations for the March quarter stood at Rs 1,250 crore, showing a slight decline of 0.5% compared to Rs 1,256 crore in the same quarter of the previous financial year.
Dr Reddy's Labs shares in focus after Q4 profit jumps 22% to Rs 1,594 crore
Dr Reddy's Labs shares: The pharma major reported revenue from operations of Rs 8,506 crore for the March quarter, marking a 20% increase compared to Rs 7,083 crore in the same quarter of the previous financial year.
India-Pakistan ceasefire, FII action among 8 factors that could impact D-Street this week
Indian benchmark indices ended with weekly declines of 1.4% amid growing tension between India and Pakistan. But a Saturday peace breakthrough between the two countries could calm the markets when they resume trade on Monday.
Biocon plans $150-million capex in two years
Biocon plans a $150 million capital expenditure, allocating $100 million to biologics, primarily enhancing Malaysian capacities, and $50 million to generics. Fueled by strong generics growth and biosimilar progress, Q4 net profit surged 153%. The company launched key medications in the US and UK, focusing on peptide portfolios and biosimilars for future growth, with analysts maintaining a positive outlook.
Reliance Power Q4 Results: Company posts Rs 126 crore net profit on lower expenses
Reliance Power announced a consolidated net profit of Rupees 126 crore for the January to March quarter. This is due to lower expenses. The company reported a loss in the same quarter last year. Total income saw a slight dip. However, total expenses decreased significantly. The company's annual net profit stood at Rupees 2,947.83 crore.
Swiggy Q4: Losses double to Rs 1,081 crore despite 45% revenue growth
Swiggy Q4 Results: Swiggy's losses widened primarily due to aggressive spending on its quick commerce delivery business, Instamart, as competition from rivals Blinkit and Zepto intensified.
Dr Reddy's Labs Q4 Results: Cons PAT jumps 22% to Rs 1,594 crore; Rs 8 per share dividend announced
Dr Reddy's Labs Q4 Results: Dr Reddy's Laboratories on Friday reported a consolidated net profit growth of 22% to Rs 1,594 crore in Q4FY25 versus Rs 1,307 crore reported in the year ago period.
PSU banks attract strong FII, DII interest as promoters reduce exposure: Motilal Oswal
Public Sector Undertaking banks are now favourites. Foreign Institutional Investors and Domestic Institutional Investors are showing increased interest. FII stakes in PSU companies rose to 18.1% by March 2025. DII stakes also hit a high of 18.8%. FIIs reduced exposure in private companies. DII holdings in private companies increased. BFSI is a key sector for FIIs.
OTC 2025: India showcases offshore energy investment opportunities
India showcased its offshore energy sector at OTC 2025, emphasizing rich geoscientific data and favorable regulations to attract international investment. Pallavi Jain Govil highlighted energy reforms, while Sridhar Krishnamoorthy of IIT Madras received the OTC Emerging Leader award. The event promoted US-India collaboration and India's commitment to energy security, signaling a new phase of offshore growth.
Every second FII dollar now chasing financial stocks: Should you join the stampede?
Foreign investors are bullish on Indian financials, injecting ₹23,000 crore in April's second half, favoring banks amid improved margins and stable asset quality. While IT, auto, and metals face outflows, capital goods, telecom, and oil & gas attract interest. Experts advise selective optimism, noting potential margin pressures despite a positive outlook for large private banks.
Is China's economic growth sustainable amid uncertain trade relations and domestic challenges?
China's Q1 2025 GDP grew by 5.4% despite trade war challenges, driven by exports and manufacturing. Stimulus measures aim to counter trade tensions, but concerns remain about weak domestic demand and a strained property market. The focus shifts to boosting internal consumption, attracting foreign investment, and expanding ties with the 'global south'.
Shopify beats earnings forecast but warns of slower growth amid Trump tariffs and trade policy shifts
Shopify topped first-quarter earnings and revenue expectations but issued cautious guidance, citing uncertainty around Trump-era tariffs and changing trade policy. Despite macroeconomic pressures, the Canadian e-commerce firm remains confident, pointing to its high-income customer base and minimal exposure to Chinese imports. Shares dipped 5 per cent following the announcement
Swiggy Q4 Preview: Revenue growth seen strong, but losses to continue
Swiggy is anticipated to reveal strong revenue growth in Q4 FY25, fueled by its quick commerce and food delivery sectors. Despite this growth, profitability is expected to remain strained due to substantial operating costs, particularly within the Instamart segment. While revenue is projected to increase, losses are also likely to expand, influenced by customer acquisition costs and promotional expenses.
TCS leases over 1 million sq. ft. in Hyderabad in major office deal
Tata Consultancy Services has leased over one million square feet of office space in Hyderabad's Financial District, demonstrating its expansion and commitment to the region. The 15-year lease, valued at Rs 52.44 crore annually with a 12% escalation, highlights Hyderabad's growing importance as a technology and business hub.
Uber reports strong Q1 despite revenue miss, forecasts resilient demand with robust gross bookings outlook
Uber Technologies (UBER) reported a slight miss in Q1 revenue, but its outlook for gross bookings in Q2 exceeded Wall Street expectations, signaling strong demand for its ride-hailing and delivery services. Shares fell, but Uber's focus on autonomous driving and a rebound in business travel fuel optimism for growth
PNB Q4 Results: Net profit surges 52% YoY to Rs 4,567 crore
PNB Q4 Results FY25: Net Interest Income (NII) grew 4% year-on-year to Rs 10,757 crore, indicating steady lending growth, while non-interest income rose 11% to Rs 4,716 crore.
Paytm shares rally over 5% after Q4 loss narrows
Paytm's parent company, One97 Communications, saw shares rise after reporting a narrower consolidated net loss of Rs 540 crore for Q4FY25, despite exceptional items. Revenue declined 16% year-on-year but increased sequentially. The company anticipates potential policy clarity around merchant discount rates on UPI, which could offer incremental monetization opportunities.
ETMarkets Smart Talk | Is gold the new growth asset? 3 reasons why yellow metal rose 28% in 4 months: Ajit Banerjee
We are all aware markets do not like uncertainty of any type, and by nature, it is forward-looking. Hence, it reacts either positively or negatively depending upon the underlying developments.
Is Elon Musk eyeing number one status in AI race? Check Tesla boss' latest big artificial intelligence move
Elon Musk's AI firm xAI has been taking big steps as the competition in the artificial intelligence sector toughens.
Paytm Q4 Results: Cons loss narrows to Rs 540 crore, revenue falls 16%
Paytm Q4 Results: One 97 Communications, which operates fintech platform Paytm, on Tuesday reported a consolidated net loss of Rs 540 crore in Q4FY25 versus Rs 550 crore reported in the year ago period. The loss is attributable to the owners of the parent.
TCS rolls out full variable pay to 70% of workforce
Tata Consultancy Services has further reduced variable pay for senior employees for the third straight quarter. This decision comes amid deferred annual salary increments due to an uncertain business environment and global tariff war. While attrition slightly increased to 13.3%, TCS reported a revenue of $30.18 billion for fiscal year 2025, a 3.8% YoY growth in dollar terms.
Shell, Reliance & ONGC JV completes India's first offshore facilities decommissioning project
A joint venture, including Shell, Reliance Industries Ltd, and ONGC, has successfully completed India's first offshore decommissioning project. The Tapti field, ceasing production in 2016, saw the safe removal of its mid and south facilities in the Arabian Sea. This project, involving multiple stakeholders, sets a benchmark for future offshore energy transitions in India.
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