Q4 Results 29th April Highlights: Adani Power, Vedanta, IOB, Federal Bank, Indian Bank, Granules India, Bajaj Finance & Bansal Wire Q4 profit up, Waaree Energies, KFin Tech, Motilal Oswal to announce Q4 results

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NDTV Q4 results live: Net loss widens to Rs 98.6 cr, revenue up 16.5% to Rs 147.9 cr

Private News Broadcaster New Delhi Television Ltd on Wednesday reported a widening of its consolidated net loss to Rs 98.57 crore in the March quarter of FY2025-26.

The company had posted a consolidated net loss of Rs 61.97 crore in the January-March quarter of 2024-25, New Delhi Television Ltd (NDTV) said in a regulatory filing.

Its consolidated total income was up 16.45 per cent to Rs 147.96 crore in the March quarter of FY26 against Rs 127.05 crore in the corresponding quarter a year ago, it added. – PTI

Schaeffler India’s net profit grows 20.45% to Rs 319.7 cr in March qtr

German auto components maker Schaeffler India Limited on Wednesday reported 20.45 per cent growth in net profit to Rs 319.7 crore in the January-March period of 2026.

The company had posted a net profit of Rs 265.4 crore in Q1 CY2025, the company said in a statement.

Its revenue from operations for the quarter under review rose 18.8 per cent to Rs 2,507 crore from Rs 2,110 crore in the March quarter of 2025. – PTI

Sterlite Technologies back in the black in Q4 & FY26

Sterlite Technologies back in the black in Q4 & FY26

Sterlite Technologies reports a net profit of ₹59 crore in Q4 FY26, rebounding from losses with strong revenue growth.

Emmvee Photovoltaic Power Q4 net profit jumps 89% to Rs 392 cr

Emmvee Photovoltaic Power on Wednesday reported an 89 per cent growth in its net profit to Rs 392.4 crore during the quarter ended March 2026, supported by higher revenues.

During January-March, its revenues from operations rose 62 per cent year-on-year to Rs 1,738.8 crore, the company said in a statement.

For the entire FY26, profit after tax for the year stood at Rs 1,081.6 crore, up 193 per cent.

While the revenue from operations rose 116 per cent to Rs 5,050 crore. – PTI

Indiabulls Q4 results live: Profit at Rs 194 cr on higher income

Indiabulls Ltd, which is into real estate and financial services, has reported a net profit of Rs 194.26 crore for the quarter ended in March 2026.

The company had posted a net loss of Rs 164.17 crore in the year-ago period.

Total income more than doubled to Rs 418.39 crore in the fourth quarter of 2025-26 fiscal from Rs 149.15 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday. – PTI

Federal Bank Q4 results live: Net profit jumps 22%; reports rise in remittances since West Asia war

Private sector lender Federal Bank on Wednesday reported a 22 per cent jump in its consolidated net profit in the March quarter of FY26 at Rs 1,341 crore, as against Rs 1,091 crore in the year-ago period.

The bank had a one-time gain of Rs 456 crore on interest from Income Tax refund, but chose to create a floating provision of the same amount to take care of the additional provisions that will be required to transition towards the new provisioning framework. – PTI

Adani Power Q4 Results live: Profit jumps 64% to Rs 4,271 crore on strong revenues

Adani Power Q4 profit jumps 64% to Rs 4,271 crore on strong revenue growth

Adani Power Q4 profit surges 64% to Rs 4,271 crore driven by higher revenues, capacity gains and new PPAs, despite weak merchant power prices.

Bajaj Finance Q4 results live: Profit rises 22% to Rs 5,465 crore

Bajaj Finance posted a 22% rise in ‌fourth-quarter profit on Wednesday, helped by lower bad ⁠loan provisions and steady loan growth.

The non-banking financial company’s consolidated ‌net profit rose to ₹5,465 crore for ‌the quarter ended ‌March ⁠31, largely in line ⁠with analysts’ estimate of ₹5,490 crore, per data compiled by LSEG. – Reuters

Indian Bank Q4 profit rises 5% to Rs 3,103 crore on lower NPAs

Indian Bank Q4 profit rises 5% to Rs 3,103 crore on sharp fall in bad loans

Indian Bank Q4 profit rises 5% to Rs 3,103 crore as NPAs fall sharply. FY26 profit up 11%, with steady income growth and strong asset quality improvement.

April 29, 2026 16:11

Quarterly results

IOB Q4 results live: Q4 profit jumps

IOB’s net profit crosses ₹5,000-crore mark in FY26

Profit surges 56% on lower provisions and stronger credit growth

April 29, 2026 15:59

Quarterly results

Vedanta Q4 results live: Q4 profit soars

Vedanta Q4 profit nearly doubles to Rs 6,698 crore on strong base metal prices

Vedanta Q4 profit jumps to Rs 6,698 crore, nearly doubling year-on-year, driven by strong base metal prices and improved commodity market conditions.

April 29, 2026 15:56

Quarterly results

IIFL Finance Q4 results live: 

IIFL Finance posted standalone net profit for the quarter ended March 2026 at Rs 508.90 crore compared to Rs 38.42 crore in the same quarter last year.

Board approved enabling annual resolution for raising funds by issuance of Non-Convertible Securities on a Private Placement Basis, in one or more tranches, for financial year 2026-27, upto ₹10,000 Crore.

Appointment of Mr. Vinay Agrawal as Business Head – Loan Against Property of the Company

April 29, 2026 15:53

Quarterly results

MAS Financial Services Q4 results live: Q4 profit, dividend, borrowing limits

MAS Financial Services reported standalone net profit for the quarter ended March 2026 at Rs 99.72 crore compared to Rs 80.82 crore in the same quarter last year.

Board recommended final dividend of Rs 0.75 per share.

Approved to increase borrowing power up to Rs 15,000 crore.

Approved the borrowings of funds by way of issuance of Non-Convertible Debentures (NCDs) and Commercial Papers (CPs) upto an aggregate amount of Rs. 3000 Crore and Rs. 1000 Crore respectively, in one or more tranches through private placement basis 

April 29, 2026 15:49

Quarterly results

Indiabulls Q4 results live: Turns profitable 

Indiabulls reported standalone net profit for the quarter ended March 2026 at Rs 63.53 crore compared to Rs 41.38 crore loss in the same quarter last year.

April 29, 2026 15:43

Stock market

Stock market live, Q4 results today live: Sensex, Nifty 50 end with modest gains

Sensex settled with 609.45 pts or 0.79% gains at 77,496.36, and Nifty 50 was up 181.95 pts or 0.76% to 24,177.65.

April 29, 2026 15:38

Quarterly results

Adani Power Q4 results live: Q4 profit jumps

Adani Power reported 64.3% jump in consolidated net profit for the quarter ended March 2026 at Rs 4,271.40 crore from Rs 2,599.23 crore in the same quarter last year.

In FY26, the PAT stood at Rs 12,971.08 crore compared to Rs 12,749.61 crore in the year-ago period.

April 29, 2026 15:29

Quarterly results

Shree Digvijay Cement Q4 results live: Q4 profit dips

Shree Digvijay Cement reported standalone net profit for the quarter ended March 2026 at Rs 7.94 crore compared to Rs 18.36 crore in the same quarter last year.

Board recommended a dividend of Re 1 per share.

Shares traded at Rs 72 on the NSE, down 2%.

April 29, 2026 15:23

Quarterly results

Piccadily Agro Q4 results live: Profit rises

Piccadily Agro Q4 profit rises 13.6% to ₹45.2 crore; FY26 revenue crosses ₹1,110 crore

Its sales rose 31.8%to ₹353.69 crore in the December quarter of FY26, compared to ₹268.23 crore in the corresponding period of the previous fiscal

April 29, 2026 15:19

Quarterly results

Capital Small Finance Q4 results live: Key highlights

April 29, 2026 15:18

Finance

Indian Bank Q4 results live: KEY HIGHLIGHTS

Growth, quality and returns underpins Indian Bank’s performance in FY 26. 

Total business grew by 12.79%, with credit sanctions soaring to 62% with strong momentum across sectors Retail, Agri, MSME and Corporates. With Deposit growth of 12.29%, CASA (Domestic) remained the cornerstone of deposits, recording double-digit growth and sustaining a healthy ratio of 39.67%. 

Net profit accelerates by 11.33% YoY to ₹12156 crore in FY 26. 

April 29, 2026 15:01

Quarterly results

Capital Small Finance Bank Q4 results live: 

Capital Small Finance Bank reported net profit for the quarter ended March 2026 at Rs 40.08 crore compared to Rs 34.24 crore in the same quarter last year.

Board announced fixation of record date as June 18, 2026, for the payment of dividend of Rs 5 per share.

Shares traded 3% positive at Rs 272.25 on the NSE.

Vedanta Q4 results live: Ajay Goel, CFO, Vedanta, says

“The quarter marks a defining point for Vedanta, with the delivery of our strongest-ever financial performance recording all-time highs in Revenue, EBITDA, and PAT for both the quarter and the full year and a clear positioning for the next phase of growth with Demerger effective from 1st of May ‘26. Our Revenue grew 15% YoY to ₹1,74,075 crore, EBITDA 29% YoY to ₹55,976 crore and PAT at ₹25,096 crore, marking a 22% jump YoY. Our balance sheet strengthened further with Net Debt to EBITDA improving to 0.95x, from 1.22x an year ago, and both CRISIL and ICRA reaffirming VEDL’s credit rating as AA / Watch with Developing Implications. Pursuing growth with capex investment of ₹14,918 crore in the year, we continued to reward our shareholders, paying a handsome dividend of ₹34/share and delivering TSR of 48.6%.

-Ajay Goel, CFO, Vedanta 

April 29, 2026 14:57

Quarterly results

Vedanta Q4 results live: Arun Misra, Executive Director, Vedanta, says

“FY26 was a year of strong execution for Vedanta, with record operational performance across the portfolio. We delivered 2.9 million tonnes of alumina, 2.46 million tonnes of aluminium, 1.1 million tonnes of mined metal at Zinc India, 895 kt of pig iron and 101 kt of ferrochrome, reflecting improved operating efficiency alongside the ramp up of new capacities. During the year, we deployed ₹14,918 crore of growth capex, commissioning key projects including Lanjigarh Train II, the new BALCO smelter, downstream expansions at Jharsuguda, the Debari roaster at Zinc India, and 1.3 GW of power capacity. Our continued focus on operational excellence resulted in lowest costs in last five years at Aluminium and Zinc business.” 

– Arun Misra, Executive Director, Vedanta

April 29, 2026 14:56

Quarterly results

Vedanta Q4 results live: Key businesses continue to deliver strong operating performance: 

▪ Aluminum

o Record annual Aluminium production at 2,456 kt, up 1% YoY, realized majorly through operational efficiencies. 

o Record annual Alumina production at the Lanjigarh refinery, 2,916 kt, up 48% YoY, with exit run rate of 4 MTPA. 

o Lowest Aluminium COP in 5 years at $1,752/t, lower by 5% YoY

▪ Zinc India

o Best-ever annual mined metal at 1,114 kt, up 2% YoY 

o Record annual refined zinc metal production at 851 kt, up 3% YoY 

o Lowest COP in 5 years at 959 $/t, lower by 9% YoY 

▪ Zinc International

o Annual Mined metal production at Zinc International jumps 27% YoY to 225 kt 

o Gamsberg’s annual production jumps 39% YoY to 185 kt 

▪ Oil & Gas

o Average gross operated production for the full year stood at 87.2 kboepd 

o Gas discovery at Ambe Block in the West Coast region adding ~13 mmboe of R&R

▪ Power

o TSPL’s plant availability stood at 83% 

o Secured 5 year, 500MW PPA for Meenakshi and Athena 

▪ Iron Ore, Steel and Others

o Record annual IOB pig Iron production at 895 kt, up 10% YoY 

o Record annual production of Ferro Chrome at 101 kt, up 21% YoY 

o Record annual cathode production at 170 KT, up 14% YoY 

April 29, 2026 14:52

Quarterly results

Vedanta Q4 results live: KEY HIGHLIGHTS

▪ Record EBITDA of ₹18,447 crore (+59% YoY) in Q4 & ₹55,976 crore (+29% YoY) in FY26 

▪ EBITDA Margin rises to record ~44%, up 915 bps YoY in Q4 & to ~39%, up 470 bps in FY26 

▪ Best-ever Revenue at ₹51,524 crore (+29% YoY) in Q4 & ₹1,74,075 crore (+15% YoY) in FY26 

▪ Net debt/ EBITDA improved to 0.95x and credit rating reaffirmed at AA by CRISIL & ICRA

▪ FY26 VEDL Total Shareholder Return (TSR) of 48.6%, 2.1x of Nifty Metal Index 

▪ Growth capex of ₹14,918 crore in FY26; Demerger effective from 1st May ‘26 

April 29, 2026 14:47

Quarterly results

Vedanta Q4 results live: Q4 profit rises

Vedanta posted consolidated net profit for the quarter ended March 2026 at Rs 9,352 crore compared to Rs 4,961 crore for the same quarter last year. 

In FY26, the PAT stood at Rs 25,096 crore compared to Rs 20,535 crore in the year-ago period.

Shares surged 4.5% to Rs 772.65 on the NSE

April 29, 2026 14:21

Quarterly results

The Federal Bank Q4 results live: Q4 profit surges

The Federal Bank reported standalone net profit for the quarter ended March 2026 at Rs 1259.10 crore compared to Rs 1030.23 crore in the same quarter last year.

Board also recommended a final dividend of Rs 1.20 per share.

Shares flat on the NSE at Rs 286.55 

April 29, 2026 14:16

Quarterly results

Vakrangee Q4 results live:

Vakrangee reported standalone net profit for the quarter ended March 2026 at Rs 3.33 crore compared to Rs 2.8 crore in the same quarter last year.

Shares flat at Rs 7 on the NSE.

April 29, 2026 14:14

Stock market

Stock market live, Q4 results today live updates: Sensex, Nifty rise, Maruti, ITC lead gainers

Sensex, Nifty surge 1% as earnings lift sentiment, ITC, Maruti, Tech Mahindra lead top movers

Gains were primarily driven by stock-specific action following quarterly earnings announcements, with investors reacting positively to corporate results across sectors.

April 29, 2026 14:12

Quarterly results

Indian Bank Q4 results live: 

Indian Bank reported standalone net profit for the quarter ended March 2026 at Rs 3,103.13 crore, compared to Rs 2,956.07 crore in the same quarter last year.

In FY26, the PAT stood at Rs 12,155.65 crore as against Rs 10,918.29 crore in the year-ago period.

Shares flat at Rs 903.05 on the NSE.

April 29, 2026 13:58

Quarterly results

STL Tech Q4 results live: Turns profitable 

Sterlite Technologies posted standalone net profit for the quarter ended March 2026 at Rs 33 crore compared to Rs 8 crore loss in the same quarter last year.

In FY26, the PAT stood at Rs 2 crore compared to Rs 127 crore loss in the year-ago period.

The Board has not recommended any dividend for the financial year ended March 31, 2026.

Board approved raising of funds, inter alia, by issue of equity shares or any other equity linked instruments or securities including convertible securities or non-convertible securities or combination of such securities through inter alia, a private placement for an aggregate consideration of up to Rs. 2000 crore.

Shares traded flat on the NSE at Rs 287.55 

April 29, 2026 13:52

Finance

City Union Bank Q4 results live: Bank to continue focusing on trust, customer service and more

City Union Bank will continue focus on trust, customer service, and ease of banking, says new MD

Trust, ease of banking, and customer service will continue to remain the key priorities of the bank even as we focus on MSME and other secured lending avenues, Vijay Anandh, the incoming MD and CEO of City Union Bank, said here on Wednesday.

April 29, 2026 13:28

Quarterly results

Indian Overseas Bank Q4 results live: Q4 profit up

Indian Overseas Bank’s standalone net profit for the quarter ended March 2026 increased by 43% y-o-y to Rs 1505.45 crore compared to Rs 1051.07 crore in the same quarter last year.

In FY26, the PAT stood at Rs 5208.03 crore compared to Rs 3334.71 crore in the year-ago period.

Shares rose 2% to Rs 35.54 on the NSE.

April 29, 2026 13:22

Quarterly results

Bansal Wire Industries Q4 results live: Q4 profit up

Bansal Wire Industries’ standalone net profit for the quarter ended March 2026 increased by 12% to Rs 33.62 crore compared to Rs 30 crore in the same quarter last year.

In FY26, the PAT stood at Rs 129.74 crore compared to Rs 125.16 crore in the year-ago period.

Shares surged 3% to Rs 312.50.

April 29, 2026 13:09

Quarterly results

Granules India Q4 results live: Comments from chairman and MD

“We delivered a strong performance in Q4FY26, driven by continued portfolio expansion, disciplined execution, and steady progress across regulatory, compliance, and sustainability initiatives. The quarter reflects improving earnings quality and sustained advancement in Complex Generics and the Peptides CDMO platform”. 

-Dr. Krishna Prasad Chigurupati, Chairman & Managing Director of Granules India

April 29, 2026 13:06

Quarterly results

Granules Q4 results live: KEY HIGHLIGHTS

(Investor presentation)

April 29, 2026 12:40

Quarterly results

Granules India Q4 results live: Q4 profit up

Granules India reported standalone net profit for the quarter ended March 2026 at Rs 98.9 crore compared to Rs 94 crore in the same quarter last year.

In FY26, the PAT increased to Rs 400.6 crore from Rs 319.33 crore in the year-ago period.

Shares were up 2% to Rs 716.50 on the NSE.

April 29, 2026 12:13

Stock down

REC Q4 results live: Shares in red

REC shares were down 3%, trading at Rs 364.10, hitting a low of Rs 358.10 from the previous close of Rs 375.80.

Company posted standalone net profit for the quarter ended March 2026 at Rs 3,362.30 crore compared to Rs 4,236.20 crore in the same quarter last year.

April 29, 2026 12:06

Quarterly results

Surana Solar Q4 results live: Mixed Q4 

Surana Solar reported net profit for the quarter ended March 2026 at Rs 19.80 lakh compared to Rs 21.91 lakh in the quarter ended December 2025 and Rs 71.34 lakh loss in March 2025 quarter.

In FY26, the PAT increased to Rs 123.97 lakh compared to Rs 5.85 lakh in the year-ago period.

Shares traded 4% positive on the NSE at Rs 29.32

April 29, 2026 12:01

Stock up

Star Health Q4 results live: Shares in green

Star Health and Allied Insurance Company shares traded 4% positive at Rs 538.80, hitting a 52-week high of Rs 586.25 from the previous close of Rs 517.30.

Company reported a multi-fold jump in net profit to Rs 111 crore for the fourth quarter ended March 2026.

April 29, 2026 11:58

Stock up

Greenply Industries Q4 results live: Shares rally 

Greenply Industries traded 13% higher at Rs 288.47 on the NSE, hitting a high of Rs 293.57 from the previous close of Rs 254.59, following 86.7 per cent jump in its consolidated net profit to Rs 31 crore for the March quarter of FY26.

April 29, 2026 11:56

Stock up

Bandhan Bank Q4 results live: Shares hit 52-week high

Bandhan Bank shares rallied over 12% to hit a 52-week high following Q4 results.

April 29, 2026 11:52

Stock down

Dhanlaxmi Bank Q4 results live: Shares down

Dhanlaxmi Bank shares traded at Rs 30.76 on the NSE, down 3% at 11.51 am, after soaring close to 52-week high of Rs 33.50 in early trade.

Company posted a net profit of ₹43.49 crore for Q4 FY26against ₹28.98 crore in the same quarter last year. 

CEAT Q4 results live: Shares rally

CEAT shares rallied 12% to Rs 3,949.90 on the NSE in early trade before trading at Rs 3,722.80 at 11.23 am (above the previous close of Rs 3,516.70.)

Company posted over two-fold jump in consolidated net profit at Rs 243.8 crore in the fourth quarter ended March 2026, riding on robust growth.

April 29, 2026 11:20

Stock up

Emmvee Photovoltaic Power Q4 results live: Shares hit 52-week high

Emmvee Photovoltaic Power shares hit 52-week high on the NSE at Rs 299.50. At 11.16 am, the stock traded 7.6% positive at Rs 292.98.

Company posted standalone net profit for the quarter ended March 2026 at Rs 29.40 crore compared to Rs 22.62 lakh in the same quarter last year.

In FY26, the PAT stood at Rs 155.75 crore compared to Rs 161.92 crore in the year-ago period.

Board recommended final dividend of Re 1 per share.

April 29, 2026 10:47

Stock up

GRSE Q4 results live: Shares rally after Q4

GRSE shares jump 16% after strong Q4 earnings, dividend announcement

The company posted a standalone net profit of ₹303.19 crore for the quarter ended March 2026, up 24.1% y-o-y from ₹244.24 crore in the corresponding period last year

READ MORE

April 29, 2026 10:24

Stock down

AWL Agri Business Q4 results live: Shares reverse early gains

AWL Agri Business stock reversed early gains and traded at Rs 200.45 on the NSE, down 2%. The stock opened nearly 3% positive at Rs 211.03 today from the previous close of Rs 204.91.

Company reported standalone net profit Rs 268.01 crore, higher by 70.7% y-o-y from Rs 157 crore in the same quarter last year.

April 29, 2026 10:19

Stock up

Eternal Q4 results live: Shares surge on strong Q4 results. Brokerages are divided on ratings.

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Eternal shares surge 5% after strong Q4 results, brokerages back growth outlook

Global brokerage Morgan Stanley maintained an overweight rating and marginally raised its target price to ₹347 from ₹345, highlighting that the focus remains on profitable growth

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​Read more​

April 29, 2026 10:04

Stock up

Maruti Q4 results live: Shares lead Nifty 50 gainers

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Maruti Suzuki shares rise over 4% after Q4 earnings, brokerages stay positive

Maruti Suzuki shares rise over 4% post-Q4 earnings as brokerages maintain positive outlook despite profitability pressures.

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Here’s ​what brokerages say ​

April 29, 2026 09:21

Stock market

Stock market live updates, Q4 results live: Markets trade in positive territory

Sensex gained 384.34 pts or 0.50% to 77,271.25 at 9.1 7am after opening at 77,245.83 from the previous close of 76,886.91. Nifty 50 rose by 114.25 pts or 0.48% to 24,109.95.

April 29, 2026 09:14

Quarterly results

Q4 results live: Equity preview

EQUITY PREVIEW:

* AWL Agri Business (AWL): 4Q Net Income +54% Y/y to INR2.92b, Beats Estimates

* Bandhan Bank (BANDHAN): 4Q Net Income +68% Y/y to INR5.34b, Beats Estimates

* Castrol (CSTRL): 1Q Net Income +3.7% Y/y to INR2.42b, Beats Estimates

* Ceat (CEAT): 4Q Net Income INR2.44b vs. 994.9m Y/y, Beats Estimates

* Dalmia Bharat (DALBHARA): 4Q Net Income -11% Y/y to INR3.87b, Beats Estimates (1)

* Energy Development (ENGY): Datang to Join JV for Inner Mongolia to Jiangsu Power Project

* Eternal (ETERNAL): 4Q Net Income INR1.74b vs. 390m Y/y, Beats Estimates (2)

* Jio Financial Services (JIOFIN): Approves $370 Million Rights Share Issue Plan

* Maruti Suzuki (MSIL): 4Q Net Income -7% Y/y to INR35.9b, Misses Estimates (2)

April 29, 2026 09:14

Quarterly results

Q4 results live: KEY RESULTS TO WATCH OUT FOR THE DAY

EARNINGS (net income adj. ests. in INR where available):

* Adani Power Ltd. (ADANI IN) 4Q 30.6b (2 analysts)

* Bajaj Finance Ltd. (BAF IN) 4Q 55.6b (12)

* Cemindia Projects Ltd. (CEMPRO IN) 4Q

* Federal Bank Ltd. (FB IN) 4Q 11.8b (19)

* Force Motors Ltd. (FML IN) 4Q

* Granules India Ltd. (GRAN IN) 4Q 1.86b (2)

* HEG Ltd. (HEG IN) 4Q

* IIFL Finance Ltd. (IIFL IN) 4Q

* Indegene Ltd. (INDGN IN) 4Q 1.13b (7)

* Indian Bank (INBK IN) 4Q 32.1b (4)

* Indian Overseas Bank (IOB IN) 4Q

* KFIN Technologies Ltd. (KFINTECH IN) 4Q 913m (9)

* Motilal Oswal Financial Servic (MOFS IN) 4Q

* Mphasis Ltd. (MPHL IN) 4Q 5.02b (27)

* Navin Fluorine International L (NFIL IN) 4Q 1.66b (16)

* New Delhi Television Ltd. (NDTV) 4Q

* Schaeffler India Ltd. (SCHFL IN) 1Q 3.16b (2)

* Sterlite Technologies Ltd. (SOTL IN) 4Q

* Syngene International Ltd. (SYNG IN) 4Q 904m (3)

* Waaree Energies Ltd. (WAAREEEN IN) 4Q 11.2b (8)

April 29, 2026 09:13

Quarterly results

Q4 results live: QUICK TAKE

Motherson Sumi Wiring: Net Profit Rs 167 Cr vs 165 Cr (YoY), Q4 Revenue Rs 3328 Cr vs 2510 Cr (YoY) (Neutral)

Greenply Industries: Net Profit Rs 31.00 Cr vs 16.60 Cr (YoY), Q4 Revenue Rs 780 Cr vs 650 Cr (YoY) Mr. Manoj Tulsian resigns as joint Managing Director & CEO (Neutral)

Bandhan Bank: Net Profit Rs 534 Cr vs 318 Cr (YoY), Q4 Revenue Rs 5428 Cr vs 5433 Cr (YoY), Q4 GNPA 3.27% vs 3.33% (QoQ), Q4 NNPA 0.97% vs 0.99% (QoQ) (Neutral)

Sanofi India: Net Profit Rs 102 Cr vs 119 Cr (YoY), Q4 Revenue Rs 472 Cr vs 536 Cr (YoY) (Neutral)

Piccadily: Net Profit Rs 45 Cr vs 40 Cr (YoY), Q4 Revenue Rs 335 Cr vs 255 Cr (YoY) (Neutral)

April 29, 2026 09:13

Quarterly results

Q4 results live: QUICK TAKE

Star Health: Q4 SL Net Profit Rs 111 Cr vs 50 lakhs (YoY), Q4 Revenue Rs 4327 Cr vs 3798 Cr (YOY). (Positive)

Go Digit General Insurance: Q4 SL Net Profit Rs 170 Cr vs Rs 116 Cr (YoY), Q4 Revenue Rs 2735 Cr vs 2576 Cr (YoY) (Positive)

Sanofi Consumer Healthcare India: Q4 SL Net Profit Rs 67.80 Cr vs 50.00 Cr (YoY), Q4 Revenue Rs 230 Cr vs 170 Cr (YoY) (Positive)

Fedbank Financial Services: Q4 SL Net Profit Rs 100 Cr vs 71.70 Cr (YoY), Q4 Revenue Rs 616 Cr vs 523 Cr (YoY), Q4 GNPA 1.87% vs 2.06% (QoQ), Q4 NNPA 1.28% vs 1.40% (QoQ) (Positive)

Awl Agri Business: Q4 Cons Net Profit Rs 292 Cr vs 190 Cr (YoY), Q4 Revenue Rs 21,465 Cr vs 18,200 Cr (YoY) (Positive)

CEAT: Q4 CONS Net Profit Rs 240 Cr vs 99.50 Cr (YoY), Q4 Revenue Rs 4218 Cr vs 3420 Cr (YoY) (Positive)

Emmvee: Net Profit Rs 392 Cr vs Rs 207 Cr (YoY), Q4 Revenue Rs 1739 Cr vs 1032 Cr (YoY). (Positive)

Skipper: Net Profit Rs 78 Cr vs Rs 48 Cr (YoY), Q4 Revenue Rs 1667 Cr vs 1288 Cr (YoY). (Positive)

Gardern Reach: Net Profit Rs 303 Cr vs Rs 244 Cr (YoY), Q4 Revenue Rs 2119 Cr vs 1642 Cr (YoY). (Positive)

April 29, 2026 09:12

Quarterly results

Maruti Suzuki India Q4 results live:

Maruti Suzuki India Ltd. | CMP Rs. 12920 | M Cap Rs. 406203 Cr | 52 W H/L 17372/11289

(Nirmal Bang Retail Research)

No. of Vehicles Sold 676209 vs QoQ 667769,YoY 604635 

Result is broadly in-line with expectations

PAT came lower on account of lower Other Income 

Gross margin declined qoq by 70 bps

Revenue from Operations came at Rs. 52449.3 Cr (5.1% QoQ, 29% YoY) vs expectation of Rs. 49745.9 Cr, QoQ Rs. 49891.5 Cr, YoY Rs. 40673.8 Cr

EBIDTA came at Rs. 6156.9 Cr (10.5% QoQ, 44.4% YoY) vs expectation of Rs. 5887.7 Cr, QoQ Rs. 5571.7 Cr, YoY Rs. 4264.7 Cr

EBITDA Margin came at 11.7% vs expectation of 11.8%, QoQ 11.2%, YoY 10.5%

Adj. PAT came at Rs. 3590.5 Cr vs expectation of Rs. 4186.5 Cr, QoQ Rs. 3794 Cr, YoY Rs. 3711.1 Cr

Quarter EPS is Rs. 114.2

Stock is trading at P/E of 19.8x FY28E EPS

April 29, 2026 09:12

Quarterly results

Dhanlaxmi Bank Q4 results live:

Dhanlaxmi Bank Ltd. | CMP Rs. 32 | M Cap Rs. 1263 Cr | 52 W H/L 34/19

(Nirmal Bang Retail Research)

Result has improved

Net Interest Income came at Rs. 187 Cr vs YoY Rs. 134 Cr (39.4% YoY ) QoQ Rs. 154 Cr

Non Interest Income came at Rs. 69 Cr vs YoY Rs. 43 Cr (60.8% YoY ) QoQ Rs. 49 Cr

PBP came at Rs. 114 Cr vs YoY Rs. 39 Cr (193.9% YoY ) QoQ Rs. 41 Cr

Provisions came at Rs. 35 Cr vs YoY Rs. 12 Cr (201.8% YoY ) QoQ Rs. 17 Cr

Adj. PAT came at Rs. 43 Cr vs YoY Rs. 29 Cr (50.1% YoY ) QoQ Rs. 24 Cr

Gross NPA came at Rs. 286.4 Cr vs QoQ Rs. 332.4 Cr at 1.89% vs QoQ 2.36%

Net NPA came at Rs. 75.4 Cr vs QoQ Rs. 154.1 Cr at 0.51% vs QoQ 1.11%

Quarter EPS is Rs. 1.1

Stock is trading at 0.9x trailing P/Adj. BV

April 29, 2026 09:12

Quarterly results

Dalmia Bharat Q4 results live:

Dalmia Bharat Ltd. | CMP Rs. 1942 | M Cap Rs. 36425 Cr | 52 W H/L 2496/1717

(Nirmal Bang Retail Research)

Sales Volumes came at 8.8 MnT vs expectations 9 MnT (21% QoQ, 2% YoY) Vs 7.3 MnT QoQ 8.6 MnT YoY

EBITDA/tn came at Rs. 1025 (24% QoQ, 11% YoY) vs Rs. 825 QoQ Rs. 922 YoY

Result is broadly in line with expectations

Revenue from Operations came at Rs. 4245 Cr (21.1% QoQ, 3.8% YoY) vs expectation of Rs. 4377.1 Cr, QoQ Rs. 3506 Cr, YoY Rs. 4091 Cr

EBIDTA came at Rs. 902 Cr (49.8% QoQ, 13.7% YoY) vs expectation of Rs. 840.4 Cr, QoQ Rs. 602 Cr, YoY Rs. 793 Cr

EBITDA Margin came at 21.2% vs expectation of 19.2%, QoQ 17.2%, YoY 19.4%

Adj. PAT came at Rs. 397 Cr vs expectation of Rs. 341.8 Cr, QoQ Rs. 154 Cr, YoY Rs. 435 Cr

Quarter EPS is Rs. 21.2

Stock is trading at EV/EBITDA of 10.6x FY28E EBITDA

April 29, 2026 09:11

Quarterly results

Sapphire Foods India Q4 results live:

Sapphire Foods India Ltd. | CMP Rs. 174 | M Cap Rs. 5592 Cr | 52 W H/L 368/140

(Nirmal Bang Retail Research)

Result is in-line with expectations

Revenue from Operations came at Rs. 792.2 Cr (-2.7% QoQ, 11.4% YoY) vs expectation of Rs. 784.3 Cr, QoQ Rs. 813.8 Cr, YoY Rs. 711.3 Cr

EBIDTA came at Rs. 124.5 Cr (-7.3% QoQ, 17.2% YoY) vs expectation of Rs. 119.3 Cr, QoQ Rs. 134.2 Cr, YoY Rs. 106.2 Cr

EBITDA Margin came at 15.7% vs expectation of 15.2%, QoQ 16.5%, YoY 14.9%

Gross Profit came at Rs. 544.8 Cr , QoQ Rs. 558.9 Cr, YoY Rs. 484.8 Cr

Gross Profit Margins came at 68.8% , QoQ 68.7%, YoY 68.2% Adj. PAT came at Rs. 0.2 Cr vs expectation of Rs. -2.3 Cr, QoQ Rs. 6.4 Cr, YoY Rs. 5.7 Cr

Quarter EPS is Rs. 0.01

Stock is trading at P/E of 67.1x FY28E EPS

April 29, 2026 09:11

Quarterly results

Castrol India Q4 results live:

Castrol India Ltd. | CMP Rs. 183 | M Cap Rs. 18101 Cr | 52 W H/L 232/170

(Nirmal Bang Retail Research)

Result is marginally below expectations

Revenue from Operations came at Rs. 1545.3 Cr (7.3% QoQ, 8.7% YoY) vs expectation of Rs. 1459.4 Cr, QoQ Rs. 1439.9 Cr, YoY Rs. 1422 Cr

EBIDTA came at Rs. 329.3 Cr (-10.5% QoQ, 7.1% YoY) vs expectation of Rs. 328.5 Cr, QoQ Rs. 367.8 Cr, YoY Rs. 307.4 Cr

EBITDA Margin came at 21.3% vs expectation of 22.5%, QoQ 25.5%, YoY 21.6%

Adj. PAT came at Rs. 242.2 Cr vs expectation of Rs. 238.8 Cr, QoQ Rs. 267.2 Cr, YoY Rs. 233.5 Cr

Quarter EPS is Rs. 2.4

Stock is trading at P/E of 18.4x TTM EPS

April 29, 2026 09:11

Quarterly results

Vardhman Special Q4 results live:

Vardhman Special Steels Ltd. | CMP Rs. 298 | M Cap Rs. 2883 Cr | 52 W H/L 324/202

(Nirmal Bang Retail Research)

Result has improved

Revenue from Operations came at Rs. 457.9 Cr (6.4% QoQ, 7% YoY) vs QoQ Rs. 430.5 Cr, YoY Rs. 428 Cr

EBIDTA came at Rs. 46.1 Cr (6.4% QoQ, 46.6% YoY) vs QoQ Rs. 43.3 Cr, YoY Rs. 31.4 Cr

EBITDA Margin came at 10.1% vs QoQ 10.1%, YoY 7.3%

Adj. PAT came at Rs. 34 Cr vs QoQ Rs. 33.6 Cr, YoY Rs. 19.7 Cr

Quarter EPS is Rs. 3.5

Stock is trading at P/E of 23.6x TTM EPS

April 29, 2026 09:10

Quarterly results

Q4 results live: QUICK TAKE

Eternal Ltd. | CMP Rs. 247 | M Cap Rs. 238045 Cr | 52 W H/L 368/213

(Nirmal Bang Retail Research)

Result is above expectations

Revenue from Operations came at Rs. 17292 Cr (6% QoQ, 196.5% YoY) vs expectation of Rs. 18056.3 Cr, QoQ Rs. 16315 Cr, YoY Rs. 5833 Cr

EBIDTA came at Rs. 486 Cr (32.1% QoQ, 575% YoY) vs expectation of Rs. 395 Cr, QoQ Rs. 368 Cr, YoY Rs. 72 Cr

EBITDA Margin came at 2.8% vs expectation of 2.2%, QoQ 2.3%, YoY 1.2%

Adj. PAT came at Rs. 174 Cr vs expectation of Rs. 160.6 Cr, QoQ Rs. 102 Cr, YoY Rs. 39 Cr

Quarter EPS is Rs. 0.2

Stock is trading at P/E of 56.3x FY28E EPS

Bandhan Bank Ltd. | CMP Rs. 178 | M Cap Rs. 28675 Cr | 52 W H/L 192/134

(Nirmal Bang Retail Research)

Result is above expectations

Advances came at Rs. 150104 Cr (+14% YoY, +6.4% QoQ)

Net Interest Income came at Rs. 2795.6 Cr (+1%YoY) vs YoY Rs. 2755.9 Cr, QoQ Rs. 2688.3 Cr

NIM came at 6.2% vs QoQ 5.9%

Non-Interest Income came at Rs. 770.7 Cr vs YoY Rs. 699.6 Cr, QoQ Rs. 691 Cr

PBP came at Rs. 1441 Cr vs expectation of Rs. 1528 Cr, YoY Rs. 1571 Cr, QoQ Rs. 1445 Cr

Provisions came at Rs. 677 Cr vs expectation of Rs. 1008 Cr, YoY Rs. 1260 Cr, QoQ Rs. 1155 Cr

Credit Cost came at 1.8% vs YoY 3.8%, QoQ 3.3%

Adj. PAT came at Rs. 534 Cr vs expectation of Rs. 410 Cr, YoY Rs. 318 Cr, QoQ Rs. 206 Cr

Gross NPA came at Rs. 5019.6 Cr vs QoQ Rs. 4805 Cr at 3.27% vs QoQ 3.33%

Net NPA came at Rs. 1452 Cr vs QoQ Rs. 1402 Cr at 0.97% vs QoQ 0.99%

ROA came at 1.1% vs QoQ 0.4% & YoY 0.7%

Slippages came at Rs. 1030 Cr vs QoQ Rs. 1310 Cr with slippage ratio of 2.74% vs QoQ 3.71%

Quarter EPS is Rs. 3.3

Stock is trading at trailing P/Adj BV of 1.2x