Gravita India shares surged over 6 percent on May 5 after the company reported strong growth in net profit for the fourth quarter of the financial year 2024-2025. Jindal Saw and Utkarsh Small Finance Bank shares, however, tumbled after Q4 FY25 earnings failed to impress markets.
Gravita India Q4 Results
Gravita India had released its results in the post-market hours of May 2. The company reported a consolidated net profit of Rs 95 crore for Q4 FY25. This marked a rise of nearly 38 percent from the Rs 69 crore net profit reported in Q4 FY24. Its revenue from operations, meanwhile, rose over 20 percent year-on-year to Rs 1,037 crore.
Along with the Q4 results, Gravita India also announced an interim dividend of Rs 6.35 per equity share for the ongoing financial year 2026. Gravita India set May 8 as the record date to determine the eligibility of the shareholders set to receive the payment. The dividend will then be paid to the eligible shareholders on or before May 31.
Gravita India shares were trading over 6 percent higher at Rs 1,926 apiece.
Jindal Saw Q4 Results:
Jindal Saw on May 2 reported a consolidated net profit of Rs 291 crore for Q4 FY25. This marks a fall of nearly 42 percent from the Rs 502 crore net profit reported in Q4 FY24. The company's revenue from operations meanwhile dropped nearly 7 percent YoY to Rs 5,047 crore during the quarter under review.
Along with the Q4 results, Jindal Saw also announced a dividend of Rs 2 per equity share for FY25. The Q4 results and dividend were announced just before markets closed on May 2. The stock dropped 2 percent that day.
The shares of the company have now extended losses, significantly falling by nearly 6 percent to trade at Rs 231.59 apiece.
Utkarsh Small Finance Bank Q4 Results:
Utkarsh Small Finance Bank on May 3 had reported a 98 percent YoY fall in net profit to Rs 2.97 crore in Q4 FY25. The company's net profit however improved sequentially from the Rs 168 crore net loss reported in Q3 FY25.
The lender's net interest income dropped 24 percent YoY to Rs 411 crore and asset quality worsened with increased NPA ratios.
Utkarsh Small Finance Bank shares dropped nearly 2 percent to trade at Rs 24 apiece.
Also read: Our LIVE blog on Q4 results
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