Stocks to watch, May 7: Paytm, Britannia, Blue Star, Bajaj Auto, Shree Cement, Meesho, PB Fintech

Its revenue from operations came in at ₹2,264 crore, up 18.4% against ₹1,912 crore logged in the year-ago period.

The company had posted a consolidated net profit of ₹1,801.85 crore in the same quarter of the previous fiscal, Bajaj Auto said in a regulatory filing.

Its consolidated total revenue from operations in the quarter under review stood at ₹17,832.46 crore, up from ₹12,646.32 crore in the year-ago period.

The company pointed out record volumes, improved mix and favourable currency for the revenue growth.

Total expenses were higher at ₹15,390.53 crore compared to ₹10,219.14 crore a year ago, the company said.

The automaker's board of directors recommended a dividend of ₹150 per equity share, at a rate of 1,500%, with a face value of ₹10 each for FY26.

The Bajaj Auto board also approved a buyback of up to 4,694,000 fully paid-up equity shares of the company with a face value of ₹10 each, representing up to 1.68% of the total number of equity shares in the paid-up equity share capital of the company, at a price of ₹12,000 per unit.

The buyback, payable in cash, amounts to up to ₹5,633 crore.

It had reported a net loss of ₹44.96 crore in the January-March period a year ago, according to a regulatory filing from Raymond Lifestyle, a Raymond Group firm.

"EBITDA for the quarter was ₹152 crore, representing a 53% Y-o-Y growth, with EBITDA margins at 8.4%, despite a conscious increase in marketing expenditure, the initial gestation costs of our rapidly expanding retail footprint and investment in the digital transformation initiative," said Raymond Lifestyle in its earnings statement.

Its net profit stood at ₹249.35 crore in the year-ago period.

Total income also fell to ₹1,523.11 crore during the fourth quarter of the 2025-26 fiscal year from ₹1,532.29 crore in the corresponding period of the preceding year, according to a regulatory filing.

During 2025-26, the net profit increased to ₹724.76 crore from ₹680.47 crore in the preceding year.

Total income increased to ₹5,909.01 crore in the last fiscal year from ₹5,313.54 crore in the 2024-25 fiscal year.

The board of directors recommended a final dividend of ₹2 per equity share (20%) of ₹10 each for 2025-26.

The lender had delivered a net profit of ₹342.41 crore in Q4 FY25.

On a standalone basis, the net profit of the bank increased by 19.1% year-on-year to ₹407.50 crore.

"Profitability was driven by a combination of portfolio diversification towards retail and MSME, which improved spreads and lifted net interest income by about 4 per cent sequentially," PR Seshadri, managing director and chief executive officer of South Indian Bank, told PTI in an interaction.

Besides, tight cost control, strong asset quality with low slippages, and robust recoveries led to 19 per cent growth in profit, he said.

The company plans to export the Essential Series -- launched in October last year -- to 22 countries across Asia, the Middle East and Africa in 2026, signalling India's growing role as a manufacturing and export hub for the firm.

LGEI is also focusing on cost optimisation measures to counter inflationary pressures on input materials arising from geopolitical tensions that have disrupted global supply chains.

To mitigate the impact of such external factors, the company is enhancing operational efficiencies and increasing localisation levels, currently around 58 per cent, said its director and co-chief sales and marketing officer Sanjay Chitkara.

"We always try to handle such situations with cost optimisation, better operational efficiencies and localisation," Chitkara told PTI.

The announcement was made by the company at the federal programme SelectUSA Investment Summit in Maryland.

"Sterlite Technologies Ltd (STL) announced it would invest up to $100 million in the United States to offer connectivity solutions, including terminated optical fibre cables. This investment is expected to strengthen its manufacturing capacity for AI data centres and telecom customers in the US," a statement said.

The SelectUSA Investment Summit is a 4-day event that promotes the US as a premier investment destination, connecting multinational companies with US economic development organisations to facilitate business investment and job creation.

The investment is expected to be made by way of subscribing to MPPL shares, including through a rights issue.

Meesho would invest up to ₹100 crore "by way of subscribing to the rights issue/further issue of capital, in one or more tranches, for such number of additional shares and at such price as may be offered by MPPL", the filing said.

Meesho holds a 99.99% stake in its lending arm MPPL.

The proposed transaction is expected to be completed on or before July 30, 2026.

The company had posted a net profit of ₹194 crore in the January-March quarter a year ago, Blue Star said in a regulatory filing.

In Q3, the company had made a provision of ₹56.35 crore to implement the changes from the new labour codes on an estimated basis.

However, "in the current quarter, the liability was reassessed and finalised at ₹38.83 crore, and accordingly, a provision of ₹17.52 crore has been reversed in Q4FY26."

The company had posted a net profit of ₹555.98 crore in the year-ago period, according to a regulatory filing from the Bangur family-promoted Shree Cement Ltd (SCL).

Its revenue from operations was up 7.68% to ₹5,642.95 crore from ₹5,240.15 crore a year ago.

SCL's total expenses were at ₹5,085.08 crore, up 9.41%, in the March quarter.

Its sales volume grew 11% during the quarter to 10.56 million tonnes.

Total volume (including clinker sales) also jumped 9.4% on a year-on-year basis from 9.84 million tonnes to 10.77 million tonnes and 23.2% on a quarter-on-quarter basis, it said.

The company had a profit after tax of ₹170 crore in the January-March quarter of 2024-25.

In a regulatory filing, PB Fintech said its total revenue during the fourth quarter of FY26 rose 37% year-on-year to ₹2,061 crore.

For the full 2025-26, the company's PAT grew 115% to ₹670 crore.

Operating revenue in FY26 grew 37% to ₹6,794 crore.

PB Fintech's total insurance premium for the full year was ₹29,934 crore, up 42% year-on-year, led by growth in core online new protection business.

In a regulatory filing on Wednesday, the company said it has raised this amount through a 10-year non-convertible debenture (NCD) issuance. The issue was fully subscribed by one of India's leading life insurance companies. The coupon rate is 7.63% (per annum, payable quarterly).

"Proceeds from this issuance will be deployed inter alia towards refinancing existing borrowings," it added.

Ramesh Nair, CEO & MD, Mindspace REIT, said, "We manage a REIT where income is stable, long-term, and predictable, and our borrowing strategy reflects the same discipline."

Preeti Chheda, CFO, Mindspace REIT, said this 10-year fixed-coupon NCD is consistent with its strategy to shift a larger share of borrowings to fixed-interest instruments and lock in longer tenures to ensure greater cash flow stability.

The Pune-headquartered company had posted a net profit of ₹244.7 crore in the year-ago period.

Finance costs more than doubled year-on-year, rising to ₹22.04 crore in Q4 FY26 from ₹9.18 crore in Q4 FY25. CFO Priya Hardikar explained that this increase was due to a term loan taken in October 2025 to fund acquisitions.

It had posted a net profit of ₹411.9 crore in the year-ago period, GCPL -- the FMCG arm of Godrej Industries Group -- said in a regulatory filing.

Total revenue from operations was up 11% to ₹3,900.44 crore during the quarter from ₹3,514.23 crore.

The revenue growth was "on the back of underlying volume growth of 6%", GCPL said in its earnings statement, quoting its Managing Director Sudhir Sitapati.

The company had posted a consolidated net profit of ₹93.07 crore a year ago, according to a BSE filing from Radico Khaitan, which owns brands such as Rampur Indian Single Malt Whisky, Jaisalmer Indian Craft Gin, Magic Moments Vodka, and the 8 PM series.

Its revenue from operations was up 15.5% to ₹5,180.23 crore in the March quarter of FY26. It was ₹4,485.42 crore in the corresponding quarter of the previous fiscal year.

During the quarter, Radico Khaitan's gross margin was 48%, representing a year-on-year expansion of 453 bps and a sequential expansion of 150 bps.

Net interest income (NII) during the quarter rose 15% year-on-year to ₹369 crore from ₹321 crore in the corresponding period last year, the non-banking financial company-microfinance institution (NBFC-MFI) said in a stock exchange filing.

Total income during the January-March quarter of 2026 increased 14.9% to ₹638.9 crore from ₹556.2 crore a year ago.