Stocks to Watch, May 28: Cummins India, Avanti Feeds, IRCTC, SAIL, LIC, Vodafone Idea, Carraro India, Bosch, Jupiter Wagons

The country's biggest insurer had earned a profit of ₹13,763 crore in the corresponding quarter a year earlier.

The total income of the insurer during the reporting quarter declined to ₹2,41,625 crore from ₹2,50,923 crore logged in the same period of the preceding fiscal year, LIC said in a regulatory filing.

LIC’s income from first-year premiums also moderated to ₹11,069 crore in the January-March quarter against ₹13,810 crore in the same period of the preceding fiscal year.

It had posted a net profit of ₹1,415.62 crore in the fourth quarter of 2023-24.

NMDC's total income rose by around 9% to ₹7,497.17 crore in the last quarter of FY25 from ₹6,908.37 crore in Q4 FY24. Iron ore sales were at ₹6,350.49 crore, while pellets, along with other minerals, contributed ₹662.07 crore.

The company reported a profit after tax (PAT) of ₹564 crore for the January-March period of the 2023-24 fiscal year.

Revenue from operations rose to ₹4,911 crore from ₹4,233 crore a year ago, Bosch said in a regulatory filing.

For FY25, the company reported a 19% fall in consolidated PAT at ₹2,013 crore as against ₹2,490 crore in FY24. Revenue rose to ₹18,087 crore from ₹16,727 crore.

"Amid a challenging business environment, we concluded FY24-25 with strong revenue growth and increased sales across businesses," Bosch MD Guruprasad Mudlapur stated.

The loss-making firm has expressed apprehension about its survival beyond the current fiscal year due to a liquidity crunch in the company despite financial support from the government.

In a BSE filing, Vodafone Idea said that its board will meet on May 30 "to consider and evaluate any and all proposals for raising of funds in one or more tranches, either by way of a rights issue or further public offer or private placement (including preferential allotment or qualified institutions placement)."

The company registered a profit after tax of ₹294.30 crore in the same quarter of the last financial year.

For the year ending March 31, 2025, the net profit went up to ₹1,772.54 crore from ₹1,617.37 crore registered a year ago.

The consolidated total income for the quarter ending March 31, 2025, grew to ₹6,923.56 crore from ₹5,680.02 crore registered a year ago.

For the financial year ending March 31, 2025, the consolidated total income went up to ₹31,967.79 crore from ₹29,716.92 crore registered a year ago.

The board has approved the appointment of Samir Naik, General Manager - Corporate Finance of the company, as the Interim Chief Financial Officer of the company with effect from May 28, 2025, based on the recommendation of the Audit Committee and Nomination and Remuneration Committee, till the time a new CFO is appointed by the board, the company said in an exchange filing.

Jain has cited "unavoidable circumstances" on his end as the reason for his resignation.

The company had posted a PAT of ₹18.2 crore in the fourth quarter of FY24, it said.

Total income rose by 13% to ₹447.9 crore in the quarter from ₹396.3 crore in Q4 FY24.

For FY25, Carraro India said its profit stood at ₹88.1 crore as against ₹62.6 crore in FY24, a growth of 41%. The domestic segment is poised to sustain its growth trajectory, driven by accelerated 4WD adoption, the company said.

According to the bulk deal data available on the BSE, PG Electroplast's promoters Vikas Gupta, Anurag Gupta and Vishal Gupta sold 1.50 crore equity shares, cumulatively a 5.3% stake in the company.

The shares were disposed of in the price range of ₹754.83 to ₹755.73 per share on the BSE, taking the aggregate deal value to ₹1,132.26 crore.

After the latest transaction, the promoters' and promoter group entities' holding in PG Electroplast Ltd (PGEL) declined to 44.07% from 49.37%.

The company had posted a profit of ₹27.82 crore in the January-March period a year ago, EPACK Durable said in a regulatory filing.

Its revenue from operations was up 22.36% year-on-year at ₹643.24 crore in the March quarter. It was at ₹525.69 crore in the corresponding period a year ago.

Total expenses in the quarter were at ₹597.25 crore, up 21.36% year on year.

These approvals have now paved the way for commercial engagements with these global beverage leaders, and now INOX aims to emerge as a preferred supplier based in key markets, the company said in a statement.

While Coal India Ltd (CIL) has bagged a graphite and vanadium block in Chhattisgarh, Oil India Ltd emerged as a preferred bidder for a potash and halite mine in Rajasthan.

Another potash and halite in the desert state was bagged by Hindustan Zinc Ltd (HZL). HZL also bagged the REE (Rare Earth Element) block in Uttar Pradesh in this round of auction.

NLC India bagged two phosphorite and limestone blocks in the state of Chhattisgarh.

The company has already delivered the first batch of these vehicles, following extensive pilot runs across both intra-city and inter-city routes, JEM said.

The vehicles exhibited a consistent range of more than 190 km, reaching up to 220 km on a single charge across varying operating conditions ranging from heavy urban roads to intercity corridors such as Delhi to Chandigarh, the company said.

The company, which follows the July-June financial year, had reported a profit after tax of ₹154.37 crore in the corresponding quarter a year ago.

Revenue from operations of Procter & Gamble Hygiene and Health Care Ltd was down 1.05% to ₹991.63 crore during the quarter under review. It was at ₹1,002.17 crore a year ago.

Total income rose by 43% to ₹534.94 crore in the last quarter of FY25 from ₹374.97 crore recorded in the last quarter of FY24, the company said.

Profit after tax includes an exceptional item of ₹258.79 crore for Q4 FY25 due to the fair valuation of equity on the consolidation of Snowman Logistics Limited, which became a subsidiary on December 24, 2024, GDL said.

For FY2024-25, profit after tax grew 44.72% to ₹373.76 crore as against ₹258.27 crore in FY24, it said.

The company had posted a profit of ₹162.06 crore for the January-March period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKLC), a flagship company of JK Organisation.

Revenue from operations was up 6.5% year-on-year at ₹1,897.62 crore in the March quarter.

“The profitability of the company improved sequentially on account of higher volume, a better product and market mix, and a reduction in fuel costs,” chairperson and managing director Vinita Singhania said.

The company had posted a consolidated profit of ₹124.75 crore in the year-ago period.

The consolidated income of the company during the fourth quarter rose to ₹777.28 crore, over ₹585.22 crore in the year-ago period, Hindustan Copper said in a regulatory filing.

The total expenses of the company during the quarter under review rose to ₹518.75 crore, over ₹401.49 crore in the year-ago period.