Market News
7 min read | Updated on July 29, 2025, 07:59 IST
SUMMARY
Stocks to Watch: GAIL (India) Ltd, the nation's top natural gas sales and distribution firm, on Monday reported a 30% drop in its June quarter net profit on widening losses on petrochemical business and a drop in gas marketing margins.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 46 points lower. | Image: Shutterstock
The Fairfax-backed company had earned a net profit of ₹101 crore in the same period a year ago.
The gross written premium for the quarter rose to ₹2,982 crore against ₹2,660 crore in the year-ago period, Go Digit said in a regulatory filing.
The assets under management of the company rose to ₹20,861 crore during the quarter under review, compared to ₹17,773 crore a year earlier.
It had posted a net profit of ₹696 crore during the April-June quarter of the previous fiscal year, Mazagon Dock Shipbuilders said in a regulatory filing.
The company's revenue from operations increased by 11.4% year-on-year to ₹2,625.59 crore during the quarter under review compared to ₹2,357.02 crore in the corresponding period of the previous fiscal.
Its total expenses surged to ₹2,348.05 crore in the June quarter from ₹1,739.23 crore logged a year ago, with a notable increase in raw material costs, procurement of spares, subcontracting charges, and provisioning, it added.
The company had posted a net profit of ₹140.79 crore in the April-June quarter a year ago, according to a regulatory filing from JK Paper, maker of branded copier paper, coated paper, and packaging boards.
Its revenue from operations slipped 2.3% to ₹1,674.16 crore in the June quarter of FY26. The same stood at ₹1,713.65 crore in the corresponding quarter of FY25.
Total expenses of JK Paper were ₹1,583.28 crore, up 2.2% during the quarter.
According to the bulk deal data on the BSE, Chennai-based Unifi Capital Pvt Ltd offloaded 72.41 lakh equity shares, or a 1.6% stake, in Marksans Pharma.
The shares were disposed of at an average price of ₹231.50 apiece, taking the transaction value to ₹167.63 crore.
Net profit was ₹1,886.34 crore in April-June—the first quarter of the 2025-26 fiscal year—compared with ₹2,723.98 crore earned in the same period last year, according to a company stock exchange filing.
While losses on petrochemical business widened to ₹249 crore from ₹42 crore in Q1 of last fiscal year, earnings from natural gas marketing nearly halved to ₹1,071.6 crore.
The company had posted a consolidated net profit of ₹148.87 crore in the corresponding period last fiscal year, Motherson Sumi Wiring India Ltd (MSWIL) said in a regulatory filing.
Total revenue from operations in the first quarter was at ₹2,494.03 crore as against ₹2,184.84 crore in the year-ago period, it added.
During the quarter, total expenses were higher at ₹2,305.26 crore as compared to ₹1,991.46 crore in the same period of the previous fiscal year, the company said.
The bank, which is reeling under a slew of issues stemming from alleged irregularities of the top management in recognising bad loans and trading reverses, had reported a net profit of ₹2,171 crore in the year-ago period.
It had reported a loss of ₹2,329 crore in the preceding March quarter, and the interim management, which has taken over operations of the business after the resignation of leadership, including then chief executive Sumant Kathpalia, had said that all the possible impacts are recognised.
Net profit was ₹162 crore in April-June—the first quarter of the 2025-26 fiscal year—compared with ₹177 crore a year back, according to a company statement.
The cost of natural gas, which the firm converts into CNG for sale to automobiles and pipes to household kitchens for cooking, rose 31% to ₹1,049 crore in the quarter.
This is because a lower allocation of cheaper domestic gas, called APM for the CNG segment, had to be replaced with high-priced gas from other sources.
The solar module maker's revenue from operations in the April-June period advanced 30% to ₹4,426 crore from ₹3,409 crore in the year-ago period.
The company reported strong operational performance as its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 80% to ₹997 crore, and its operating profit margin expanded by 630 basis points to 22.53%.
The company's revenue from operations advanced 18% to ₹680 crore in the April-June period from ₹578 crore in the year-ago period.
NTPC Green reported stable performance in the June quarter as its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), climbed 18% to ₹604 crore compared with ₹513 crore in the year-ago period.
Its revenue from operations increased 11% year-on-year (YoY) to ₹3,178 crore for Q1 FY26 as compared to ₹2,859 crore in the corresponding quarter of the previous fiscal year.
The operating profit, or earnings before interest, taxes, depreciation, and amortisation (EBITDA), came in at ₹1,032 crore for the quarter under review as against ₹904 crore in Q1 FY25, clocking a jump of 14%. This includes acquisition-related one-off expenses of ₹15 crore.
The company, in a statement, said it had posted standalone PAT of ₹104.7 crore in the year-ago period.
Revenue during the quarter under review stood at ₹1,033.8 crore, up from ₹984 crore, registering a growth of 5.1% year-on-year, it said.
The company also said it delivered earnings before interest, taxes, depreciation, and amortisation (EBITDA) of ₹162.9 crore during the April-June period, as against ₹144.7 crore in the first quarter of FY25.
Related News
About The Author
Next Story