Q4 result impact: Karur Vysya Bank, NLC India shares rise 4% on strong earnings, Redington shares up 2%

: Karur Vysya Bank, NLC India shares jump 4% after strong March quarter earnings; Redington up 2%

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The shares of Karur Vysya Bank and NLC India jumped nearly 4 percent each on May 20 as the street welcomed Q4FY25 earnings fineprint. Redington too saw a strong surge, rising 2 percent following the March quarter results.

The sharp rise in share prices comes despite a muted sentiment in the overall market, with benchmark indices in the red. Read More

Karur Vysya Bank Q4 Results

Karur Vysya Bank reported a net profit of Rs 513 crore for the fourth quarter of the financial year 2024-25. 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 in Q4 FY25, marking a 9 percent rise from the Rs 997.94 crore net interest income reported in Q4 FY24. Net interest margin however declined to 4.05 percent.

The lender's asset quality improved, with net NPA margin dropping 20 bps YoY to 0.20 percent, and gross NPA margin falling 64 bps YoY to 0.76 percent.

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

The shares of the bank were trading at Rs 234.8 apiece, the highest level seen by the stock in over three months.

NLC India Q4 Results

NLC India reported a net profit of Rs 481.96 crore for the fourth quarter of the financial year 2025. This marks a whopping 322 percent jump from the Rs 114 crore net profit reported in the corresponding quarter of the previous financial year.

The sharp rise in the company’s net profit significantly improved its margins. Net profit margin soared to 10.06 percent in Q4 FY25 from 3.48 percent in Q4 FY24. The state-run company’s revenue from operations meanwhile rose over 8 percent on-year to Rs 3,836 crore during the quarter under review.

Redington Q4 Results

Redington, a distributor for Apple and Samsung in India, reported a net profit of Rs 917.74 crore for the fourth quarter of the financial year 2025. This marks a significant surge of over 183 percent from the Rs 324 crore net profit reported in the corresponding quarter of the previous financial year.

The company's revenue from operations meanwhile increased nearly 18 percent on-year to Rs 26,439.68 crore. Along with the Q4 results, Redington announced a final dividend of Rs 6.80 per equity share for the financial year 2025. It set July 4 as the record date to determine the eligibility of the shareholders set to receive the payment.