Results & Earnings

Equitas Small Finance Bank [EQUITASBNK] announced a remarkable five-fold increase in Q4 net profit to ₹213 crore, driven by significant business expansion and enhanced asset quality.

Aster DM Healthcare reported an impressive 18% year-on-year revenue increase in Q4, reaching ₹1,182 crore, alongside a significant 31% jump in operating EBITDA, as it progresses with its strategic merger plan.

Adani Enterprises [ADANIENT] reported a net loss of ₹221 crore for Q4 FY24, contrasting with a profit a year ago, even as revenue saw a robust 20% year-on-year increase. The company also announced a dividend of ₹1.3 per share for FY25-26.

Edelweiss Financial Services [EDELWEISS] saw its Q4 net profit drop 17% year-on-year to ₹87.60 crore, leading to a significant 10% fall in its share price. Despite the overall profit decline, the company announced a dividend while noting steady growth in its asset management and insurance segments.

Bajaj Finserv [BAJAJFINSV] reported a consolidated PAT of ₹2,539 crore in Q4 FY24, a 5% increase YoY, alongside a 6% rise in revenue from operations to ₹38,494 crore, showcasing consistent growth.

Adani Ports and Special Economic Zone [ADANIPORTS], India's largest port developer and operator, reported a robust financial performance for the fourth quarter, with net profit rising 10% year-on-year. The company also saw a significant 26% surge in its operational revenue.

Despite reporting robust Q4 results with net profit up 21.4% and revenue growing 7.6%, Hindustan Unilever [HINDUNILVR] shares experienced a surprising drop of over 4%.

Force Motors [FORCEMOT] shares saw a decline following its Q4 FY22-26 earnings report, which revealed a 36% year-on-year drop in net profit to ₹278.5 crore, despite an 8.2% rise in revenue, attributed to higher operational costs. However, the company posted a robust 51% full-year profit surge.

Investors are keenly awaiting the Q4 FY24 results from Adani Enterprises [ADANIENT], one of India's leading conglomerates, set to be released today. The market will be scrutinizing its performance across diverse business segments.

FMCG major Hindustan Unilever (HUL) has reported a strong performance for its Q4, with consolidated Profit After Tax (PAT) surging 21% year-on-year and revenue increasing by 8%. The company also proposed a significant final dividend.

Bajaj Finance reported an impressive 22% year-on-year rise in Q4 net profit, driving its shares higher and prompting leading brokerages like Jefferies and Morgan Stanley to reiterate their positive outlook.

Waaree Energies [WAREENERGY] has reported stellar Q4 and full-year results, with net profit soaring 75%. The company's strategic investments and strong FY27 EBITDA guidance are drawing investor attention.

Vedanta Limited [VEDL] reported a robust performance in Q4, achieving record profits. The company is now setting an ambitious path to significantly reduce debt by FY27 while advancing its strategic demerger plans.

Bajaj Finance [BAJFINANCE] reported a strong financial performance for Q4FY24, with its consolidated net profit rising 22% year-on-year and Assets Under Management (AUM) surpassing the significant ₹5 lakh crore milestone.

Indian Bank [INDIANB] reported a 5% rise in Q4 net profit to ₹2,956 crore, driven by strong operating profit and significant improvement in asset quality.

Indian Overseas Bank [IOB] announced a significant 43% jump in its net profit for the fourth quarter, reaching ₹1505 crore, primarily attributed to reduced provisions and tax expenses. The public sector lender also reported improved asset quality.

Motilal Oswal Financial Services [MOTILALOFS] reported a mixed Q4, with a consolidated net loss of ₹221 crore despite a 125% surge in revenue and a 25% increase in operating profit after tax, driven by strong asset and wealth management growth.

Bajaj Finance [BAJFINANCE] announced a robust close to FY24, reporting a 22% year-on-year surge in net profit to ₹5,553 crore for Q4, alongside a recommended final dividend of ₹6 per share.

Adani Power [ADANIPOWER] has reported a stellar performance for the fourth quarter of FY24, with net profit surging by 52% year-on-year, driven by robust operational income.

Indian Bank [INDIANB] delivered a strong Q4FY24 performance, reporting a 5% year-on-year increase in standalone net profit to ₹3,103 crore and proposing a dividend of ₹18.25 per share.