
LTIMindtree | IT services company reported a net profit of ₹1,128.5 crore for the January to March quarter. The figure was marginally lower than the CNBC-TV18 poll expectation of ₹1,138 crore. The same was ₹1,086.7 crore in the previous December quarter. The IT services company’s rupee revenue stood at ₹9,771.7 crore, a growth of 1.1% quarter-on-quarter. This compares to the CNBC-TV18 poll projection of ₹9,865 crore for the quarter under review and ₹9,660.9 crore in the last quarter.
Bajaj Housing Finance | The company’s Net Interest Income at the end of the March quarter grew by 31% from the same quarter last year to ₹823 crore. Bajaj Housing Finance reported gross NPA of 0.29% at the end of the March quarter, in comparison to 0.27% during the December quarter. Net NPA stood at 0.11% from 0.1% in the previous quarter. Provision Coverage Ratio on Stage 3 assets stood at 60%, the company said in an exchange filing.
Biocon | The company said its board has approved raising up to ₹4,500 crore through the issue of securities via methods including qualified institutional placements, rights issues, or other permissible routes, in one or more tranches. The proposed fundraising will be subject to necessary shareholder and regulatory approvals, the company said in a stock exchange filing.
360 ONE WAM | India’s leading wealth and alternative asset manager reported a 3.6% year-on-year rise in net profit for the fourth quarter of FY25, with profit after tax at ₹250 crore, supported by steady growth in recurring revenue assets and a robust client base. Total revenue for the quarter ended March 2025 rose 5.7% YoY to ₹658 crore, reflecting continued momentum across wealth and asset management businesses. The company also declared its first interim dividend of ₹6 per share for FY26.
Can Fin Homes | The company reported a net profit of ₹234 crore for the quarter ended March 31, 2025, marking an 11.9% year-on-year growth from ₹209 crore and a 10% sequential rise over Q3 FY25. The Board also recommended a final dividend of ₹6 per share against a face value of ₹2 per share, in addition to the earlier declared interim dividend of ₹6, taking the total FY25 dividend to ₹12 per share.
Tamilnad Mercantile Bank | Private sector lender reported a 15.3% year-on-year (YoY) rise in its net profit for the quarter ended March 2025, coming in at ₹291.9 crore, compared to ₹253.1 crore in the same period last year. Net interest income (NII), a key measure of a bank’s core earnings, rose marginally by 0.2% YoY to ₹567.9 crore from ₹567 crore. While loan growth remained stable, margins were largely flat amid a high-interest rate environment.
Spandana Sphoorty | Microfinance firm Spandana Sphoorty Financial Limited on Wednesday (April 23) announced the resignation of its managing director and chief executive officer, Shalabh Saxena, effective immediately. Saxena, who has led the microfinance firm for over three years, stepped down to pursue other career opportunities. He will continue to support the company during his notice period to ensure a smooth leadership transition.
Supreme Petrochem | The company reported a profit after tax (PAT) of ₹106.9 crore, down 18.71% year-on-year (YoY) but rising 49.72% on a sequential basis. In Q4FY25, the company posted revenue from operations of ₹1,539 crore, slightly lower than ₹1,563 crore in Q4 FY24, reflecting a marginal year-on-year decline of 1.52%. However, revenue rose by 9.51% compared to ₹1,405 crore in Q3FY25.
Dalmia Bharat | The cement major’s net profit rose 37.2% year-on-year (YoY) to ₹439 crore, beating a CNBC-TV18 poll estimate of ₹295 crore. The numbers were backed by improved operating margins and cost efficiencies. The company also declared a final dividend of ₹5 per share. However, Dalmia Bharat’s Q4 revenue from operations declined 5% YoY to ₹4,091 crore and missed the CNBC-TV18 poll estimate of ₹4,154 crore.
Rallis India | The Tata Group company reported consolidated revenue of ₹2,663 crore and a profit after tax of ₹125 crore for the financial year ended March 31, 2025. For the fourth quarter alone, the company posted revenue of ₹430 crore, supported by volume growth in the domestic market. The company’s board of directors has recommended a dividend of ₹2.50 per equity share.
Syngene International | The company reported a net profit of ₹183.3 crore, up 2.8% year-on-year. The figure was higher than CNBC-TV18’s poll estimate of ₹177 crore. Revenue for the quarter stood at ₹1,018 crore, marking an 11% increase from ₹916.9 crore in the same period last year. However, it missed Street expectations, which pegged revenue at ₹1,066 crore.
GNA Axles | Indian auto components manufacturer reported a 50% year-on-year increase in fourth-quarter net profit on Wednesday, driven by improved operational efficiency and margin expansion. Consolidated net profit rose to ₹25 crore for the quarter ended March 31, up from ₹16.7 crore a year earlier, the company said in a statement. Revenue from operations grew 1.8% to ₹377.5 crore, compared with ₹371 crore in the same period last year.