The shares of MRF, one of India's most expensive stocks, surged over 4 percent on May 7 to trade at Rs 1,40,900 apiece after the company reported a net profit to Rs 512 crore for the January-March quarter of FY25. HUDCO and CarTrade Tech shares meanwhile tumbled in the red, after their respective Q4 results failed to impress the markets.
MRF Q4 Results
MRF reported a 29 percent year-on-year jump in consolidated net profit to Rs 512 crore for Q4 FY25. The tyre-maker had earlier reported a net profit of Rs 396 crore for Q4 FY24. The firm’s revenue from operations meanwhile rose 11 percent YoY to Rs 7,075 crore.
Along with the Q4 results, MRF announced a final dividend of Rs 229 per share for the financial year 2025. The record date to determine the eligibility of the shareholders set to receive the payment is yet to be announced.
Notably, the 4 percent jump in the share price translates to a rise of over Rs 6,000 per equity share in a single day. The stock has risen nearly 28 percent (over Rs 30,000 per share) in the past one month.
HUDCO Q4 Results
Housing And Urban Development Corporation (HUDCO) reported a net profit of Rs 728 crore for the quarter which ended on March 31, 2025. This marks a rise of nearly 4 percent from the Rs 700 crore net profit reported in the corresponding quarter of previous financial year. Its revenue from operations, meanwhile, rose 38 percent YoY to Rs 2,845 crore.
Along with the Q4 results, HUDCO announced a final dividend of Rs 1.05 per share for the financial year 2025. The record date to determine the eligibility of the shareholders set to receive the payment is yet to be announced.
HUDCO shares dropped over 3 percent to trade at Rs 211 apiece. This is the lowest level for the stock in nearly one month.
CarTrade Tech Q4 Results
CarTrade Tech reported a net profit of Rs 41.82 crore for Q4 FY25. This marks a jump of nearly 86 percent from the Rs 22.52 crore net profit reported in Q4 FY24. Its revenue from operations meanwhile rose nearly 17 percent to Rs 169.51 crore.
The shares of the company plunged over 1.5 percent to trade at Rs 1,690 apiece.
Also read: Our LIVE blog on Q4 results
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