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8 min read | Updated on May 14, 2025, 08:21 IST
SUMMARY
Stocks to Watch: Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has recorded a profit after tax (PAT) of ₹527 crore in 2024-25, registering a growth of 48% over ₹357 crore of net profit in the previous fiscal year, an official said on Tuesday.
The GIFT NIFTY futures around 07:33 AM suggest that the NIFTY50 index will open 48.50 points lower. | Image: Shutterstock
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The company reported a net profit of ₹194 crore in the year-ago period.
Revenue from operations rose to ₹974 crore in the fourth quarter as against ₹930 crore in the year-ago period, GlaxoSmithKline Pharmaceuticals said in a regulatory filing.
For the year ended March 31, 2025, the drug firm posted a consolidated net profit of ₹927 crore as compared with ₹590 crore in FY24.
Its net profit stood at ₹29.25 crore in the year-ago period.
The total income, however, fell to ₹1,059.62 crore in the fourth quarter of the last fiscal year from ₹1,083.94 crore a year ago, according to a regulatory filing.
Its net profit jumped because of a fall in total expenses to ₹957.87 crore from ₹1032.54 crore.
During the 2024-25 fiscal year, the net profit increased to ₹251.17 crore from ₹182.89 crore in the preceding fiscal.
The proposed IPO is a combination of a fresh issue of equity shares worth ₹1,000 crore and an Offer for Sale (OFS) of 18.9 crore shares by the selling shareholders, according to the draft papers filed in December.
The company reported a net profit of ₹21 crore during the same quarter of FY24.
Revenue from operations rose to ₹60 crore in the March quarter against ₹49 crore in the year-ago period, Alembic said in a regulatory filing.
For FY25, the company posted a net profit of ₹145 crore as compared to ₹93 crore in FY24.
Revenue increased to ₹222 crore last fiscal over ₹157 crore in the 2023-24 fiscal.
GAIL last month floated a tender seeking up to a 26% stake in a US LNG project, bundled with a 15-year liquefied natural gas (LNG) supply contract.
"We have received good responses from US companies," GAIL Director (Business Development) Rajeev Kumar Singhal said at a company press conference.
The offer, he said, was under evaluation. "There are five respondents."
The company posted a 39% growth in total income in FY 2025, as compared to the previous financial year.
The total income of the Kolkata-based warship builder for 2024-25 stood at ₹5,411 crore as against ₹3,892 crore in 2023-24, the G₹E official said in a statement.
The earnings per share (EPS) for 2024-25 stood at ₹ 46.04, against ₹31.19 in 2023-24, he said.
GRSE declared a total dividend at the rate of 138.5% of paid-up share capital against 93.6% in the previous year, he said.
The company's revenue from operations grew 27% to ₹47,876.2 crore during the quarter under review from ₹37,599.1 crore in the March 2024 quarter, it said in a regulatory filing.
The bank said the Reserve Bank of India in March had granted approval for a change in sponsor of the asset reconstruction company and equity raise from M/s Authum Investment and Infrastructure Limited.
The company had registered a profit after tax (attributable to owners of the parent company) of ₹11.16 crore in the same period a year ago.
Revenue from operations grew to ₹ 86.28 crore during the period from ₹74.34 crore in the March 2024 quarter.
The company follows an October to September fiscal year.
Its net profit stood at ₹649 crore for the quarter ended on March 31, 2024, a company statement said.
The decline in profit from operations was due to under-absorption of fixed costs and higher material costs in the Digital Industries business, according to the statement.
LIC has bought about a 2.026 % stake in public sector BoI between September 2, 2021, and May 9, 2025, BoI said in a stock exchange disclosure on Tuesday.
LIC's stake in the bank has increased from 6.35% to 8.38% over the four-year period.
The company had posted profit after tax (PAT) of ₹222.6 crore in the same period a year ago.
The revenue from operations of the Bharti Airtel group firm grew by 22.5 % to ₹2,289 crore during the reported quarter from ₹1,868 crore in the March 2024 quarter.
"Mobile revenues grew by 22% YoY, led by tariff repair and our relentless focus to premiumise the portfolio and win quality customers. We continue to deliver industry-leading ARPU growth along with strong growth in data consumption," Bharti Hexacom said in a statement.
New York-headquartered General Atlantic, through its arm – General Atlantic Singapore Fund Pte – sold 1.72 crore shares, or a 10% stake, in Mumbai-based KFin Technologies in two separate tranches, as per the bulk deal data on the NSE.
The shares were offloaded in the price range of ₹1,040.31 - ₹1,041.56 apiece on the National Stock Exchange (NSE), taking the combined transaction value to ₹1,790.41 crore.
Total income, however, declined to ₹12,396 crore during the March quarter of FY25 as against ₹14,897 crore in the corresponding quarter of FY24.
For the full 2024-25 fiscal year, Max Financial reported a 2.81% growth in net profit to ₹403.38 crore against a net profit of ₹392.58 crore in FY24.
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