In Short : Waaree Renewable Technologies saw its shares jump 14.2% to ₹1,170 after reporting an 83% increase in Q4FY25 profit, reaching ₹93.76 crore. Total income rose to ₹481.43 crore, driven by strong growth in the EPC segment. Despite a 75% increase in expenses, the company maintained profitability. Waaree also appointed new key management members […]
Danish wind turbine giant Vestas records increased Q4 profit for 2024 – EQ
In Short : Danish wind turbine giant Vestas reported higher Q4 profit for 2024, driven by strong demand, improved supply chains, and cost efficiencies. Rising global investments in wind energy boosted revenue, reinforcing Vestas’ market position. The company remains optimistic about 2025, expecting continued growth amid increasing renewable energy adoption and supportive policies worldwide. In […]
India’s Amara Raja Batteries Q4 profit jumps on strong auto, 5G demand – EQ Mag
BENGALURU : India’s Amara Raja Batteries Ltd reported a 41% jump in fourth-quarter profit on Tuesday, powered by strong demand from auto makers and accelerated 5G rollouts in the telecoms space. Consolidated net profit after tax rose to 1.39 billion rupees ($17.00 million) in the quarter, compared with 988.5 million rupees a year ago, the […]
India’s CESC posts rise in Q4 profit as demand for electricity grows – EQ Mag
BENGALURU : Indian power generation and distribution company CESC Ltd reported a 2.1% rise in quarterly profit on Monday, aided by higher electricity output ahead of summer. Consolidated net profit for the quarter ended March 31 increased to 4.33 billion rupees ($52.95 million), compared with 4.24 billion rupees a year earlier, the RP – Sanjiv […]
Coal India’s Q4 profit falls 17% on higher provisions for wage hike – EQ Mag
NEW DELHI : Coal India Ltd reported a 17.3% fall in fourth-quarter profit on Sunday, as the world’s largest coal miner made higher provisions for wage hikes. Consolidated net profit fell to 55.33 billion Indian rupees ($677.07 million) in the three-months ending March 31, compared with 66.93 billion rupees a year earlier, the state-run company […]
NTPC Share Price Rises After 3-Fold Jump in Q4 Profit; Brokerages Expect up to 29% Upside
The stock trades attractively at FY22E P/BV of 0.8x and dividend yield of 6 percent. We maintain buy, with DCF-based target of Rs 145 per share, Motilal Oswal said. NTPC share price gained over 2 percent in the morning session on June 21, after the company declared its March quarter results on June 19. The […]