
SBI | The Executive Committee of the Central Board of State Bank of India has approved a long-term fundraising plan of up to $3 billion for the financial year 2025–26, the country’s largest lender said in a stock exchange filing on Tuesday. The issuance may be executed through public offers and/or private placements, subject to market conditions and regulatory approvals, the bank added.
KPR Mill | Promoters of apparel manufacturer — KP Ramasamy, KPD Sigamani, and P Nataraj — are likely to divest up to 3.2% stake in the company through block deals, sources privy to the developments told CNBC-TV18. The total offer size is pegged at ₹1,195.6 crore, with a floor price of ₹1,107 per share, the sources told CNBC-TV18. This represents a 10% discount to the company’s current market price.
Dixon Tech | The company’s net profit for the quarter stood at ₹465 crore, compared to ₹97 crore in the same quarter a year ago. A CNBC-TV18 poll had pegged the figure at ₹229 crore. The company reported a one-time exceptional gain of ₹250.4 crore. Revenue zoomed 121% year-on-year to ₹10,292.5 crore, which was higher than CNBC-TV18’s poll of ₹10,109 crore. The same was ₹4,658 crore in the year-ago quarter.
Torrent Pharmaceuticals | The company reported a net profit of ₹498 crore, up 10.9% year-on-year from ₹449 crore in Q4FY24. Revenue rose 7.8% to ₹2,959 crore, compared to ₹2,745 crore in the same period last year, led by growth across key geographies and therapeutic segments. EBITDA for the quarter stood at ₹964 crore, up 9.2% from ₹883 crore, with operating margins stable at 32.6% versus 32.2% a year ago, reflecting continued cost discipline and operational efficiency.
United Spirits | The company’s net profit rose 74.7% year-on-year to ₹421 crore, up from ₹241 crore in the same period last year. Revenue increased 8.9% to ₹3,031 crore, while EBITDA grew 37.7% to ₹460 crore. Operating margins improved to 15.2% from 12% a year ago, signalling better operating leverage and product mix.
Whirlpool of India | The company reported a strong fourth quarter. It posted a net profit of ₹119.2 crore in the quarter ended March 31, 2025, marking a 53% surge over ₹77.6 crore in Q4FY24. The consumer durables maker’s revenue from operations increased 15.6% year-on-year (YoY) to ₹2,004.7 crore from ₹1,734 crore. At the operating level, EBITDA soared 27.45% YoY to ₹183.1 crore from ₹143.7 crore. The EBITDA margin expanded to 9.1% from 8.3%.
Gland Pharma | The company reported mostly weaker-than-expected Q4 numbers. The drug firm posted a 3.1% year-on-year (YoY) dip in net profit at ₹186.5 crore against 192.4 crore in Q4FY24. The CNBC-TV18 poll had predicted a profit of ₹219.8 crore. Revenue from operations fell 7.3% YoY to ₹1,424.9 crore from ₹1,537.5 crore, below the CNBC-TV18 poll forecast of ₹1,484.3 crore.
IRCON International | State-run company said it has secured a ₹253.6 crore contract from South Western Railway for the implementation of KAVACH, an indigenous train collision avoidance system, across 778 route kilometers in the Bengaluru and Mysuru divisions. The scope of the work includes survey, design, supply, installation, testing, and commissioning of KAVACH equipment along with associated works.
Aster DM Healthcare | The company reported a consolidated net profit of ₹79 crore for the fourth quarter ended March 2025, swinging from a loss of ₹24 crore in the same period last year. Revenue from operations rose 2.7% year-on-year to ₹1,000 crore, compared with ₹973.6 crore a year earlier. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 20.3% to ₹191.7 crore, up from ₹159.4 crore in the year-ago quarter.
Arvind SmartSpaces | Realty firm reported a 22.6% year-on-year (YoY) increase in net profit at ₹19 crore for the fourth quarter that ended March 31, 2025, from ₹15.5 crore in Q4FY24. Revenue from operations jumped 38.8% YoY to ₹163 crore against ₹117.4 crore. At the operating level, EBITDA was up 6.7% to ₹33.5 crore over ₹31.4 crore a year ago. The EBITDA margin narrowed significantly to 20.6%, down from 26.8%.
Godawari Power | The company reported a 1.4% year-on-year (YoY) increase in net profit at ₹221.3 crore for the fourth quarter that ended March 31, 2025. The company had clocked a net profit of ₹218.3 crore in the year-ago quarter. Revenue from operations dipped 4% YoY to ₹1,468 crore against ₹1,529.8 crore. At the operating level, EBITDA fell 3.2% to ₹318.3 crore from ₹328.9 crore last year.
JK Tyre | The company reported a 42.7% year-on-year fall in its consolidated net profit for the fourth quarter ended March 2025, as operating margins narrowed despite modest growth in revenue. Net profit declined to ₹97 crore from ₹169.3 crore a year earlier. Revenue from operations rose 1.6% year-on-year to ₹3,758.6 crore, compared to ₹3,698.5 crore in the same period last year.
J Kumar Infraprojects | The company’s net profit rose 14.3% year-on-year to ₹114 crore. Revenue for the quarter stood at ₹1,632.7 crore, reflecting a 14.6% increase from ₹1,425 crore in the same period last year. The company’s operating performance remained healthy, with EBITDA growing 15.6% YoY to ₹235 crore. Margins remained broadly stable at 14.4%, indicating consistent cost discipline and execution efficiency.
United Breweries | India’s largest beer producer and part of the HEINEKEN group has entered a leasing agreement with Ilios Breweries Pvt. Ltd. to ramp up manufacturing capacity in Andhra Pradesh. The move is aimed at strengthening its supply chain and meeting rising demand for Kingfisher beer and other offerings in the region. The arrangement, which became effective on May 20, follows excise approval received a day earlier.