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7 min read | Updated on May 19, 2025, 08:07 IST
SUMMARY
Stocks to Watch: Data Patterns reported a profit after tax of ₹114.08 crore for the January-March 2025 quarter, underscoring the company's execution capabilities and commitment to operational excellence, a top official said on Saturday.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 18 points lower. | Image: Shutterstock
They also termed the move a timely step towards preventing the dumping of foreign-made garments and strengthening India's self-reliance in apparel production.
The city-headquartered defence and aerospace electronics system provider had earned a profit after tax of ₹71.10 crore registered during the corresponding quarter of the last financial year.
For the financial year ending March 31, 2025, the profit of the company surged to ₹221.81 crore, from ₹181.69 crore registered in the year ago period.
The company also looks to grab opportunities in the domestic market where players like AMNS India, JSW Group and Adani Group are looking to expand their port operations which would need maintenance, he said, addressing Dredging Conclave 2025 in the national capital.
Dredgers are special vessels used for deepening and broadening sea coasts, river sides, and canals by removing sand.
In its latest investor presentation, Bengaluru-based Brigade Enterprises said that the company achieved "pre-sales of ₹7,847 crore in FY25, a growth of 31% over FY24".
Its sales bookings or pre-sales stood at ₹6,013 crore in the 2023-24 financial year.
As per the presentation, out of the total pre-sales in 2024-25, Brigade Enterprises sold residential properties worth ₹7,567 crore and commercial properties valued at ₹280 crore.
The US Food and Drug Administration completed a Good Manufacturing Practice (GMP) inspection at the company's API (active pharmaceutical ingredients) Middleburgh facility in New York, Dr Reddy's said in a regulatory filing.
The inspection was conducted during May 12-16, 2025, it added.
"We have been issued a Form 483 with two observations, which we will address within the stipulated timeline," the Hyderabad-based drug firm said.
In his resignation letter, available on stock exchanges, Aga said Gensol Engineering is currently facing significant challenges, with multiple regulatory bodies conducting investigations and the top management resigning from their respective roles.
Furthermore, the disorganisation of critical data across various departments is hindering the company's ability to effectively respond to the ongoing inquiries due to lack of a cohesive support system, Aga said.
Revenue from operations grew by 12.24% year on year (YoY) to ₹2,585 crore in the quarter ended 31 March 2025.
Profit before tax for the quarter was at ₹864 crore, up 21.17% from ₹713 crore reported in the same period a year ago.
The company had posted a PAT of ₹146.75 crore for the January-March period a year ago, according to a regulatory filing from Emami.
Revenue from operations was at ₹963.05 crore in the quarter as against ₹891.24 crore in the year-ago period. Total expenses were at ₹743.61 crore, up 9.3% year-on-year.
Total income, which includes other income, was up 9.12% to ₹984.21 crore.
The Coimbatore-based company had registered a profit of ₹41.50 crore during the corresponding quarter of the last financial year.
For the financial year ending March 31, 2025, the consolidated profit after tax surged to ₹167.02 crore from ₹140.61 crore registered in the year-ago period.
During the quarter under review, Pricol Precision Products Pvt Ltd, a subsidiary of Pricol Ltd, acquired the Injection moulded plastic component solutions division of Sundaram Auto Components Ltd on January 31, 2025.
The company, which has a production facility at Bharuch in Gujarat with a capacity of 1000 tonnes per day (TPD), said the decision has been taken in anticipation of favourable market conditions post the government's anti-dumping measures.
The Board of Directors has approved the revised expansion plan of 600 TPD on Friday, the company said in a statement.
The company, part of the city-based diversified conglomerate, Murugappa Group, had registered a net profit of ₹274.46 crore during the corresponding quarter of last year.
For the year ending March 31, 2025, the profit after tax stood at ₹1,054.29 crore, as compared to ₹1,732.99 crore registered in the year-ago period.
The consolidated total income for the quarter under review grew to ₹5,308.21 crore, from ₹4,573.48 crore registered during the corresponding quarter of the last fiscal.
The latest transaction came as the promoter entity has to comply with market regulator Sebi's minimum public shareholding (MPS) norms.
According to the bulk deal data available on the National Stock Exchange (NSE), Sajjan Jindal Family Trust (through its trustees Sajjan Jindal and Sangita Jindal) sold 4.2 crore shares, amounting to a 2% stake in Mumbai-based JSW Infrastructure.
The shares were offloaded at an average price of ₹288.21 apiece, taking the transaction value to ₹1,210.48 crore.
The company has signed an agreement to acquire the remaining 25% stake and IAC Group will continue to support IAC India through a technology support agreement, Lumax Auto Technologies Ltd (LATL) said in a statement on Sunday.
"Equity value for 25% interest in IAC India is approximately ₹221 crore," the filing said.
Lumax had earlier acquired a 75% stake in IAC India in March 2023.
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