Stocks to watch: After the market closure on Wednesday, many companies released their quarterly results or other business updates. Its impact can be seen in Thursday’s trading session. Some companies have given better results than expected, while some have seen a decline in margins and profits. Let’s know about the major stocks that will be on the radar of investors on Thursday (29 May 2025).
The Indian Railway Catering and Tourism Corporation (IRCTC) has made a net profit of ₹ 358 crore in the March quarter, which is 26 percent more than ₹ 284 crore in the same quarter last year. The company’s total income was ₹ 1,269 crore during the quarter, which was ₹ 1,152 crore in the same period last year.
Former IndusInd Bank Managing Director and CEO Sumant Kathpalia, former Deputy CEO Arun Khurana and three other persons have been accused of insider trading. SEBI has banned these five from doing any kind of trading in the market with immediate effect. All bank accounts of all have also been freed.
Birlasoft Limited’s net profit in the March quarter rose 4.3% to ₹ 122 crore on an annual basis, which was ₹ 117 crore in the same period last year. However, the company’s income declined by 3.4% to ₹ 1,317 crore, which was ₹ 1,362.55 crore a year ago. Ebitda declined by 21.7% and it fell from ₹ 221.5 crore to ₹ 173.5 crore.
Power Solutions Technology Provider Cummins India Ltd’s net profit fell 7.2% to ₹ 521.37 crore on an annual basis in the March quarter. It was ₹ 561.52 crore in the same quarter of the last financial year. The CNBC-TV18 pole estimated a profit of ₹ 483.6 crore for this quarter, that is, the results have been better than the estimate.
The company’s Q4 profit has come down from ₹ 116 crore to ₹ 54 crore. At the same time, the income has come down from ₹ 671 crore to ₹ 654 crore. Ebitda also declined from ₹ 84 crore to ₹ 74 crore. However, ₹ 7.5 per share dividend has been announced for FY25.
The company’s net profit increased by 40% in the fourth quarter. Income has also increased by about 8%. Ebitda has increased by more than 36% on an annual basis and margin has also improved.
Steel Authority of India (SAIL)
SAIL’s Q4 profits have increased by 11% on an annual basis, while income has increased by about 5%. Ebitda remained flat but the margin saw a slight decline. The company has announced a dividend of ₹ 1.60 per share. SAIL results have come better than CNBC-TV18 estimates.
Mishra dhatu nigam (midhani)
The company’s consolidated profit in the fourth quarter of FY24 has increased from ₹ 46.3 crore to ₹ 56.2 crore. Income from ₹ 405 crore to ₹ 410 crore and Ebitda ₹ 80.5 crore to ₹ 93.5 crore. The Ebitda margin has increased from 19.9% to 22.8%.
The company’s net profit has decreased by 3%, while income has increased by 2.7% annually. Ebitda has a slight increase and margins are stable.
Natco Pharma’s Q4 profit has increased by 5% on an annual basis. The company’s income has recorded an annual increase of more than 14% and EbitDA more than 10%. However, there is a slight softness in the margin.
The company’s consolidated profit has increased from ₹ 251.7 crore to ₹ 255.3 crore in the December quarter. Income has increased from ₹ 1,034.4 crore to ₹ 1,119.8 crore. However, Ebitda has come down from ₹ 581.8 crore to ₹ 574.7 crore and Ebitda margin has come down from 56.25% to 51.32%.
The debt recovery tribunal has stopped the promoters of Gensol Engineering from selling any property of the company. This order has been issued on a petition filed by the Government NBFC Indian Renewable Energy Development Agency (IREDA).
ALSO READ: Gensol Engineering promoters big shock, DRT banned the company’s assets
Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.
