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5 min read | Updated on May 06, 2025, 08:14 IST
SUMMARY
Stocks to watch: Tata Group-owned Indian Hotels Company on Monday reported a 28.4% rise in its consolidated net profit to ₹562.66 crore for the fourth quarter ended March.
Bajaj Finserv was top loser in the NIFT50 basket of shares, the stock closed 5.61% lower at ₹1,951. | Image: Unsplash
The company had posted a net profit of ₹66.46 crore in the January-March quarter a year ago, according to a regulatory filing from Bombay Dyeing & Manufacturing Co Ltd.
Its total income was down 12.42% to ₹395.47 crore in the March quarter. It was at ₹451.58 crore in the corresponding quarter a year ago.
Total expenses of Bombay Dyeing were at ₹382.78 in the March quarter.
Its net profit stood at ₹117.80 crore in the year-ago period.
Total income rose to ₹3,040.60 crore in the January-March period of the last fiscal year from ₹2,555.23 crore in the corresponding period of the preceding year.
During the 2024-25 fiscal year, the company's net profit increased to ₹604.27 crore from ₹447.10 crore in the preceding year.
On a sequential basis, net profit rose by 10% compared to ₹531.51 crore in the previous December quarter of FY 2024-25, according to an exchange filing by the bank.
Total income of the bank rose by 15% to ₹3,616.16 crore in the fourth quarter of the last fiscal year compared to ₹3,134.74 crore in the same quarter of the previous year. The bank reported a total income of ₹3,448.40 crore in the December quarter.
Total expenses rose to ₹2,816.14 crore in the March quarter from ₹2,470.91 crore in the year-ago period due to high employee expenses.
MTNL issued 5,000 government-guaranteed, unsecured, rated, listed, redeemable, non-convertible, and taxable bonds in the nature of debentures for an aggregate amount of ₹6,109.6 crore in November 2022.
As per the payment mechanism of the Tri-Partite Agreement (TPA) signed among MTNL, the Department of Telecommunications (DoT) and Beacon Trusteeship, MTNL has to fund the semi-annual interest into an escrow account with an adequate amount 10 days before the due date.
The country's largest hospitality firm had a net profit of ₹438.33 crore on a consolidated basis in the year-ago period.
During the January-March 2025 quarter, Indian Hotels Company Limited's (IHCL) revenue from operations registered a 27.3% growth to ₹2,425.14 crore from ₹1,905.34 crore a year ago.
However, its total expenses surged to ₹1,764.26 crore against ₹1,416.77 crore in the year-ago period, a regulatory filing showed.
This designation was granted for the treatment of adult patients with relapsed or refractory multiple myeloma (RRMM) who have received at least three prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 monoclonal antibody.
The Passenger Vehicle business will house the ICE, electric vehicles and JLR entities. The two entities will now be known as Tata Motors Light Commercial Vehicles (TMLCV) and Tata Motors Light Passenger Vehicles (TMLPV).
It had posted a net profit (attributable to owners of Coforge Ltd) of ₹224 crore in the year-ago period, according to a regulatory filing.
Revenue from operations for the quarter under review rose 47% year-on-year to reach ₹3,410 crore, against ₹2,318 crore in Q4 FY24.
Seen sequentially, profit and revenue rose 21% and 4.6%, respectively.
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