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HomeNewsBusinessMarketsQ1 results impact: Vedant Fashions shares rise 5.5%; Redington, Triveni Engg fall up to 6%

Q1 results impact: Vedant Fashions shares rise 5.5%; Redington, Triveni Engg fall up to 6%

Vedant Fashions, the parent of Manyavar, reported 9% rise in net profit at Rs 70 crore for the quarter ended June 30, 2025

July 30, 2025 / 14:04 IST
Q1 results impact: Vedant Fashions shares rise 5.5%; Redington, Triveni Engg fall up to 6%
     
     
    26 Aug, 2025 12:21
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    Shares of Vedant Fashions reacted positively to June quarter results on July 30 2while those of Redington Ltd and Triveni Engineering reacted in the negative to the June quarter results.

    Vedant Fashions

    The parent of Manyavar reported 9% rise in net profit at Rs 70 crore for the quarter ended June 30, 2025.

    The company's revenue rose 17% to Rs 281 crore in Q1FY26 as against Rs 240 crore in Q1FY25.

    At 1:51 pm on July 30, Vedant Fashions shares were trading 5% higher at Rs 796 apiece.

    Redington Ltd

    Redington Ltd reported 12% jump in net profit at Rs 275 crore in June quarter as against Rs 246 crore a year ago.

    Its revenue rose 22% to Rs 25,952 crore in Q1FY26 as compared to Rs 21,282 crore a year ago.

    At 1:55 pm on July 30, Redington shares were trading 5% higher at Rs 272 apiece.

    Triveni Engineering

    Shares of Triveni Engineering & Industries fell nearly 8% to an over three-month low of Rs 338.35 on July 30 after the company posted a steep decline in its consolidated net profit for the June quarter. At 2 pm on July 30, the stock was down 7% and over 16 lakh shares of the company changed hands, against 1.07 lakh shares traded till the same time Tuesday. This is the highest volume of shares that changed hands in July.

    The sugar manufacturer reported a drop of 86% on year in its consolidated net profit for the June quarter at Rs 4.4 crore. However, revenue from operations jumped 27% on year to Rs 1,954 crore. The company's other income rose to Rs 23 crore from Rs 11 crore a year ago.

    Moneycontrol News
    first published: Jul 30, 2025 02:04 pm

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