Q4 Results highlights: BEL declares dividend, net profit rises 18%; DLF net profit up 59%

Power Grid Corporation of India on May 19 reported an almost flat net profit of Rs 4,142.87 crore in the March quarter of FY25, compared to Rs 4,166.33 crore in the same period of the previous financial year, the stock filing said in a statement.

The company had posted a net profit of Rs 3,861.63 crore in the December quarter.

The revenue from operations jumped 2.48 percent in the reported quarter to Rs 12,275.35 crore from Rs 11,978.11 crore in the year-ago period.

Moreover, the company announced a final dividend of Rs 1.25 per equity share.

The company also announced the sale of entire stakes and exit from Torrent Power Grid Ltd and from Sikkim Power Transmission Ltd, both of which are joint venture firms with Torrent Power and Sikkim Urja respectively.

The stock of the company closed 1.35 percent higher at Rs 304.25 on NSE.

Redington, a distributor for Apple and Samsung in India, reported an increase in adjusted quarterly profit, driven by higher demand for cloud services and automation.

The Chennai, Tamil Nadu-based company reported a profit before exceptional items and tax of 5.22 billion rupees ($61.14 million) for the fourth-quarter ended March 31, compared to 3.81 billion rupees last year.

It recorded a one-time gain worth 6.26 billion rupees from divestment of its Turkey-based unit Paynet.

Redington primarily generates revenue from the sale of smartphones, computers, and other hardware products.

However, its cloud and automation businesses saw the fastest growth on back of increased adoption of the technology.

About 50% of total IT spending globally is now cloud-related and it is projected to increase to 58% by 2027, according to research firm Gartner.

Redington's revenue from operations rose nearly 18% to 264.40 billion rupees, driven by deeper penetration in the South Asian markets and expansion in African markets.

Revenue from Singapore, India and the rest of South Asia, which account for nearly half of the company's business, increased by 25%.

Delhi NCR-based listed real estate developer DLF Ltd on May 19 reported a 59 percent year-on-year (YoY) jump in its consolidated net profit at Rs 4,357 crore, the company said on May 19 while announcing results for the quarter ended March 31, 2025.

DLF also surpassed its annual guidance of Rs 17,000 crore as the company clocked new sales bookings of Rs 21,223 crore, marking a year-on-year growth of 44 percent. Read more

Gujarat Gas on May 19 reported a 29.86 percent slip in net profit at Rs 287.88 crore in the March quarter of FY25, compared to Rs 410.48 crore in the same period of the previous financial year, the stock exchange filing showed.

The company had reported a net profit of Rs 220.99 crore in the December quarter.

The firm reported a revenue of Rs 4,288.98 crore in the reported quarter over Rs 4,293.86 in the year-ago period.

Moreover, the company announced a dividend of Rs 5.82 per equity share.

Bharat Electronics on May 19 reported a net profit jump of 18 percent to Rs 2,127 crore in the March quarter of FY25, compared to Rs 1796.67 crore in the same period of the previous financial year. The firm's revenue rose 7 percent, while the board declared a final dividend of Rs 0.90 per equity share.

Honda Power reported a net profit of Rs 36.16 crore for the fourth quarter of the financial year 2025. This marks a rise of nearly 129 percent from the Rs 15.80 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose to Rs 268.68 crore.

Along with the Q4 results, the company announced a final dividend of Rs 21.5 per equity share for the financial year 2025.

Petronet LNG reported a net profit of Rs 1,070 crore for the fourth quarter of the financial year 2025. This marks a rise of nearly 45 percent from the Rs 738 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile fell to Rs 12,316 crore.

Along with the Q4 results, the company announced a final dividend of Rs 3 per equity share for the financial year 2025.

DOMS Industries reported a net profit of Rs 48 crore for the fourth quarter of the financial year 2025. This marks a rise of nearly 7 percent from the Rs 45 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose to Rs 509 crore.

Along with the Q4 results, the company announced a final dividend of Rs 3.15 per equity share for the financial year 2025.

Restaurant Brands Asia, which operates Burger King in India, reported a net loss of Rs 60.44 crore for the fourth quarter of the financial year 2025. This marks a fall of nearly 34 percent from the Rs 92.1 crore net loss reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose to Rs 632.55 crore.

Ecos (India) Mobility & Hospitality reported a net profit of Rs 18 crore for the fourth quarter of the financial year 2025. This marks a rise of nearly 0.5 percent from the Rs 17.95 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose to Rs 177 crore.

Along with the Q4 results, the company announced a dividend of Rs 2.4 per equity share for the financial year 2025.

Hindustan Foods reported a net profit of Rs 30.75 crore for the fourth quarter of the financial year 2025. This marks a rise of nearly 34 percent from the Rs 22.96 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose to Rs 933 crore.

Karur Vysya Bank reported a net profit of Rs 513 crore for the fourth quarter of the financial year 2025. This marks a rise of nearly 12.55 percent from the Rs 456 crore net profit reported in the corresponding quarter of the previous financial year. Its net interest income meanwhile stood at Rs 1,089 crore.

Along with the Q4 results, the company announced a dividend of Rs 2.6 per equity share for the financial year 2025.

The shares of Jupiter Wagons sharply tumbled by nearly 5 percent to trade at Rs 403 apiece. This comes after the company reported a 1.8 percent YoY fall in net profit to Rs 103 crore for the fourth quarter of the financial year 2025.

Jupiter Wagons reported a net profit of Rs 103.26 crore for the fourth quarter of the financial year 2025. This marks a fall of nearly 1.8 percent from the Rs 105.18 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile fell to Rs 1,045 crore.

Dodla Dairy shares jumped nearly 2 percent to trade at Rs 1,148 apiece. The company reported a 45% YoY jump in net profit to Rs 68 crore for Q4 FY25.

The shares of the company are trading flat ahead of the March quarter results.

Bharat Electronics will announce dividend for its shareholders on Monday, May 19. The company has said that dividend announcement will take place in the Q4 results 2025.

The shares of Pfizer rose over 1 percent to trade at Rs 4,460.50 apiece. The company is set to release its results for the January-March quarter of the financial year 2025.

Zydus Wellness announced a stock split in the ratio of 1:5. This implies the "sub‐division/split of the existing equity shares of the company, such that 1 equity share having face value of Rs 10 each fully paid‐up, be sub‐divided/split into 5 equity shares having face value of Rs 2 each fully paid‐up", the company said.

The record date for the stock split is yet to be announced.

Zydus Wellness reported a net profit of Rs 171.9 crore for the fourth quarter of the financial year 2025. This marks a jump of nearly 14.4 percent from the Rs 150.3 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose to Rs 913.9 crore.

Along with the Q4 results, the company announced a final dividend of Rs 6 per equity share for FY25.

Dodla Dairy reported a net profit of Rs 67.97 crore for the fourth quarter of the financial year 2025. This marks a jump of nearly 45 percent from the Rs 46.83 crore net profit reported in the corresponding quarter of the previous financial year. Its revenue from operations meanwhile rose to Rs 910 crore.

Along with the Q4 results, the company announced a final dividend of Rs 2 per equity share for FY25. It set July 7 as the record date to determine the eligibility of the shareholders set to receive the payment.

Analysts at Nuvama note that BEL remains one of the biggest defence electronics manufacturers and compared to others in the space, has better visibility of elevated operating margins on higher indigenisation efforts, cost efficiencies, and a better product mix.

Robust order book and project mix sensitivity: Brokerages believe that BEL’s strong order book of Rs 71,700 crore provides strong revenue visibility. However, earnings are closely tied to the timely execution of key defence programmes such as QRSAM, MRSAM, LRSAM (different types of surface-to-air missiles) and electronic warfare systems.

Push for indigenisation and margin expansion potential: Continued efforts to indigenise modules, subsystems, and key components are expected to support long-term margin expansion.

High base: Analysts at both Philip Capital and Nuvama note that Q4FY25 revenue growth is likely to be muted at just 4 percent YoY due to a high base. Despite revenue momentum, EBITDA margins are expected to remain range-bound, reflecting steady but constrained profitability in the near term.

Order pipeline and working capital management: Analysts at both Philip Capital and Nuvama observed that management commentary on the large order pipeline will be a key factor. Additionally, MOSL underlines the importance of increasing export contribution and maintaining a healthy working capital cycle, especially considering BEL's significant government-linked receivables. (Read more)

The shares of MobiKwik rose over 1 percent to trade at Rs 277.50 apiece. The company is set to release its results for the January-March quarter of the financial year 2025.

The shares of Power Grid Corporation of India rose over 1 percent to trade at Rs 303 apiece. The company is set to release its results for the January-March quarter of the financial year 2025.

Here's a preview of Bharat Electronics March quarter earnings estimates:

Brokerages are optimistic about defence major Bharat Electronics on the back of an improving geopolitical climate, a strong order book, and focus on Make in India.

According to the average of five brokerages, the company's revenue for Q4FY25 will increase 4.3 percent year-on-year (YoY) to Rs 8,933 crore. Its net profit for the quarter is expected to increase 0.9 percent YoY to Rs 1,799 crore, and the EBITDA margin is expected to be muted at 25.6 percent. The net profit is skewed lower due to the estimates from Elara Securities and MOSL. Most brokerages see a 4-5 percent increase in net profit.

DLF shares jumped over 2 percent to trade at Rs 732 apiece. The real estate giant is set to release its results for the January-March quarter of the financial year 2025.

Bharat Electronics (BEL) shares were trading in the green with marginal gains at Rs 366 apiece. The company is set to release its results for the January-March quarter of the financial year 2025.