In Wednesday's session, several stocks showed strong performance within the Nifty Midcap 150 index. MRPL, Gland Pharma, and Dixon Technologies were among the top gainers. MRPL's shares led the pack with over 6% increase.
Gland Pharma followed, with its stock gaining 3%. Dixon Technologies also saw a notable rise, increasing by nearly 3%. Rounding out the top gainers were Max Healthcare and One 97 Communications.
MRPL Financial Performance
MRPL's financial performance shows varied results across the quarters. The company's consolidated revenue for the quarter-ending June 2025 was Rs 17,356.23 Crore, compared to Rs 23,247.02 Crore in June 2024. Net profit for the same period was a loss of Rs 271.97 Crore, a significant downturn from a profit of Rs 65.57 Crore in the previous year.
MRPL Quarterly Income Statement (Consolidated)
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 17,356 Crore | Rs 24,595 Crore | Rs 21,870 Crore | Rs 24,967 Crore | Rs 23,247 Crore |
| Other Income | Rs 38 Crore | Rs 37 Crore | Rs 33 Crore | Rs 37 Crore | Rs 44 Crore |
| Total Income | Rs 17,394 Crore | Rs 24,633 Crore | Rs 21,904 Crore | Rs 25,005 Crore | Rs 23,291 Crore |
| Total Expenditure | Rs 17,539 Crore | Rs 23,803 Crore | Rs 21,171 Crore | Rs 25,784 Crore | Rs 22,976 Crore |
| EBIT | Rs -145 Crore | Rs 829 Crore | Rs 732 Crore | Rs -778 Crore | Rs 315 Crore |
| Interest | Rs 257 Crore | Rs 245 Crore | Rs 263 Crore | Rs 284 Crore | Rs 214 Crore |
| Tax | Rs -130 Crore | Rs 221 Crore | Rs 165 Crore | Rs -358 Crore | Rs 35 Crore |
| Net Profit | Rs -271 Crore | Rs 363 Crore | Rs 304 Crore | Rs -704 Crore | Rs 65 Crore |
MRPL Annual Income Statement (Consolidated)
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 94,681 Crore | Rs 90,406 Crore | Rs 108,856 Crore | Rs 69,727 Crore | Rs 32,058 Crore |
| Other Income | Rs 153 Crore | Rs 191 Crore | Rs 189 Crore | Rs 98 Crore | Rs 96 Crore |
| Total Income | Rs 94,834 Crore | Rs 90,598 Crore | Rs 109,046 Crore | Rs 69,825 Crore | Rs 32,155 Crore |
| Total Expenditure | Rs 93,735 Crore | Rs 83,976 Crore | Rs 103,543 Crore | Rs 65,914 Crore | Rs 32,519 Crore |
| EBIT | Rs 1,099 Crore | Rs 6,621 Crore | Rs 5,502 Crore | Rs 3,911 Crore | Rs -364 Crore |
| Interest | Rs 1,008 Crore | Rs 1,113 Crore | Rs 1,285 Crore | Rs 1,207 Crore | Rs 554 Crore |
| Tax | Rs 62 Crore | Rs 1,925 Crore | Rs 1,600 Crore | Rs -246 Crore | Rs -153 Crore |
| Net Profit | Rs 28 Crore | Rs 3,582 Crore | Rs 2,616 Crore | Rs 2,950 Crore | Rs -764 Crore |
The annual revenue for the year ending March 2025 increased to Rs 94,681.62 Crore from Rs 90,406.68 Crore in the previous year. However, the net profit saw a steep decline, falling to Rs 28.08 Crore in March 2025 from Rs 3,582.44 Crore in March 2024.
Gland Pharma Financials
Gland Pharma's financial results show a strong yearly performance but mixed quarterly results. The consolidated revenue for the quarter ending March 2025 was Rs 1,424.91 Crore, compared to Rs 1,537.45 Crore in March 2024. The net profit for the same period was Rs 186.54 Crore, slightly down from Rs 192.42 Crore in the previous year.
Gland Pharma Quarterly Income Statement (Standalone)
| Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 1,030 Crore | Rs 1,010 Crore | Rs 1,062 Crore | Rs 1,012 Crore | Rs 1,174 Crore |
| Other Income | Rs 43 Crore | Rs 65 Crore | Rs 57 Crore | Rs 48 Crore | Rs 46 Crore |
| Total Income | Rs 1,074 Crore | Rs 1,075 Crore | Rs 1,120 Crore | Rs 1,060 Crore | Rs 1,221 Crore |
| Total Expenditure | Rs 679 Crore | Rs 663 Crore | Rs 740 Crore | Rs 759 Crore | Rs 784 Crore |
| EBIT | Rs 394 Crore | Rs 412 Crore | Rs 379 Crore | Rs 301 Crore | Rs 437 Crore |
| Interest | Rs 3 Crore | Rs 18 Crore | Rs 0 Crore | Rs 0 Crore | Rs 4 Crore |
| Tax | Rs 101 Crore | Rs 99 Crore | Rs 98 Crore | Rs 77 Crore | Rs 111 Crore |
| Net Profit | Rs 290 Crore | Rs 295 Crore | Rs 281 Crore | Rs 222 Crore | Rs 321 Crore |
Gland Pharma Annual Income Statement (Standalone)
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 4,116 Crore | Rs 4,167 Crore | Rs 3,616 Crore | Rs 4,400 Crore | Rs 3,462 Crore |
| Other Income | Rs 215 Crore | Rs 166 Crore | Rs 240 Crore | Rs 223 Crore | Rs 134 Crore |
| Total Income | Rs 4,331 Crore | Rs 4,334 Crore | Rs 3,856 Crore | Rs 4,624 Crore | Rs 3,597 Crore |
| Total Expenditure | Rs 2,842 Crore | Rs 2,920 Crore | Rs 2,801 Crore | Rs 3,000 Crore | Rs 2,259 Crore |
| EBIT | Rs 1,488 Crore | Rs 1,413 Crore | Rs 1,055 Crore | Rs 1,624 Crore | Rs 1,338 Crore |
| Interest | Rs 22 Crore | Rs 7 Crore | Rs 7 Crore | Rs 5 Crore | Rs 3 Crore |
| Tax | Rs 375 Crore | Rs 362 Crore | Rs 272 Crore | Rs 406 Crore | Rs 337 Crore |
| Net Profit | Rs 1,089 Crore | Rs 1,043 Crore | Rs 775 Crore | Rs 1,212 Crore | Rs 997 Crore |
The annual revenue for the year ending March 2025 was Rs 5,616.50 Crore compared to Rs 5,664.72 Crore in the previous year. The net profit decreased from Rs 772.46 Crore in March 2024 to Rs 698.53 Crore in March 2025.
Dixon Technologies Financials
Dixon Technologies' financial performance highlights strong yearly growth, with positive but fluctuating quarterly results. The consolidated revenue for the quarter ending June 2025 was Rs 12,835.66 Crore, up from Rs 6,579.80 Crore in June 2024. The net profit for the same period was Rs 273.26 Crore, compared to Rs 132.26 Crore in the previous year.
Dixon Technologies Quarterly Income Statement (Consolidated)
| Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | |
|---|---|---|---|---|---|
| Sales | Rs 12,835 Crore | Rs 10,292 Crore | Rs 10,453 Crore | Rs 11,534 Crore | Rs 6,579 Crore |
| Other Income | Rs 1 Crore | Rs 11 Crore | Rs 6 Crore | Rs -5 Crore | Rs 8 Crore |
| Total Income | Rs 12,837 Crore | Rs 10,303 Crore | Rs 10,460 Crore | Rs 11,528 Crore | Rs 6,587 Crore |
| Total Expenditure | Rs 12,445 Crore | Rs 9,685 Crore | Rs 10,137 Crore | Rs 10,964 Crore | Rs 6,386 Crore |
| EBIT | Rs 391 Crore | Rs 618 Crore | Rs 322 Crore | Rs 564 Crore | Rs 201 Crore |
| Interest | Rs 32 Crore | Rs 46 Crore | Rs 40 Crore | Rs 37 Crore | Rs 29 Crore |
| Tax | Rs 85 Crore | Rs 111 Crore | Rs 68 Crore | Rs 117 Crore | Rs 40 Crore |
| Net Profit | Rs 273 Crore | Rs 461 Crore | Rs 212 Crore | Rs 409 Crore | Rs 132 Crore |
Dixon Technologies Annual Income Statement (Consolidated)
| Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|
| Sales | Rs 38,860 Crore | Rs 17,690 Crore | Rs 12,192 Crore | Rs 10,697 Crore | Rs 6,448 Crore |
| Other Income | Rs 20 Crore | Rs 22 Crore | Rs 5 Crore | Rs 3 Crore | Rs 1 Crore |
| Total Income | Rs 38,880 Crore | Rs 17,713 Crore | Rs 12,197 Crore | Rs 10,700 Crore | Rs 6,449 Crore |
| Total Expenditure | Rs 37,173 Crore | Rs 17,155 Crore | Rs 11,793 Crore | Rs 10,401 Crore | Rs 6,205 Crore |
| EBIT | Rs 1,706 Crore | Rs 558 Crore | Rs 403 Crore | Rs 298 Crore | Rs 244 Crore |
| Interest | Rs 154 Crore | Rs 74 Crore | Rs 60 Crore | Rs 44 Crore | Rs 27 Crore |
| Tax | Rs 337 Crore | Rs 118 Crore | Rs 89 Crore | Rs 64 Crore | Rs 57 Crore |
| Net Profit | Rs 1,215 Crore | Rs 364 Crore | Rs 253 Crore | Rs 190 Crore | Rs 159 Crore |
The annual revenue for the year ending March 2025 significantly increased to Rs 38,860.10 Crore from Rs 17,690.90 Crore in the previous year. The net profit also rose sharply to Rs 1,215.20 Crore in March 2025 from Rs 364.68 Crore in March 2024.
MRPL has announced several corporate actions, including amendments to the Memorandum of Association. Gland Pharma will hold an earnings call on August 5, 2025, to discuss financial results. Dixon Technologies has diversified its business, according to a recent exchange filing. One 97 Paytm has approved the grant of stock options under its ESOP scheme.
Moneycontrol's analysis on July 21, 2025, indicated a bearish sentiment for the stock.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.