HomeNewsBusinessMarketsQ4 result impact: Schaeffler, Ceat shares rise up to 8% on standout earnings, Praj shares down on weak show

Q4 result impact: Schaeffler, Ceat shares rise up to 8% on standout earnings, Praj shares down on weak show

Q4FY25 results reactions: Schaeffler India and Ceat's share surged while Praj Industries shares fell sharply on earnings impact.

April 30, 2025 / 11:00 IST
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Markets
Markets

The shares of Schaeffler India gained nearly 8 percent on April 30 after the company’s January-March quarter results impressed markets. Ceat shares too gained nearly 6 percent after its earnings, however, Praj Industries shares tumbled nearly 7 percent following weak earnings.

The companies had released their January-March quarter results in the post market hours of April 29.

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Schaeffler India

Schaeffler India reported a 14.5 percent year-on-year rise in net profit to Rs 251.6 crore for the first quarter of calendar year 2025 (The company follows January-December year for calculating results, not the traditional April to March financial year). Its net profit had stood at Rs 219.7 crore in the corresponding quarter of the previous year.