In today’s trade, shares of Canara Bank, MCX, Urban Company, Ola Electric, Vodafone Idea among others will be in focus due to various news developments and fourth quarter results.
Canara Bank, JSW Energy, Indian Hotels, Abott India, UPL
Shares of Canara Bank, JSW Energy, Indian Hotels, Abott India and UPL will be in focus as the companies will announce their fourth quarter results.MCX
The Multi Commodity Exchange of India (MCX) reported a consolidated net profit at Rs 530 crore in the March-ended quarter versus Rs 135 crore in the year ago period, implying a 291% surge. The profit after tax (PAT) is attributable to the owners of the company.
Tata Consumer Products
Tata Consumer Products on Friday reported that its consolidated net profit of Rs 419 crore in the fourth quarter. This was higher by 21% from Rs 345 crore posted in the previous year quarter. Revenue from operations increased 18% YoY to Rs 5,434 crore.
Swiggy
Online food delivery platform Swiggy narrowed its losses to Rs 800 crore in the fourth quarter, compared with Rs 1081 crore in the same quarter of last year and Rs 1,065 crore in the preceding December quarter. Revenue from operations increased 45% YoY to Rs 6,383 crore.Urban Company
Urban Company widened its March quarter consolidated net losses to Rs 161 crore versus Rs 2.8 crore in the year ago period. The losses jumped 57X in the quarter under review despite a 43% jump in its Q4FY26 revenue from operations which stood at Rs 426 crore compared to Rs 298 crore in the corresponding period of the last financial year.
Godrej Properties
Godrej Properties is expecting to maintain its growth trajectory on strong consumer demand for homes and has set a target to achieve a 14 per cent increase in pre-sales this fiscal to Rs 39,000 crore, its executive chairperson Pirojsha Godrej said.
Titan Company
Leading branded jeweller maker Titan Company is unconcerned about short-term gold supply issues due to West Asia conflict as its gold exchange programme and contingency sourcing plans are helping mitigate risks.
Ola Electric
Ola Electric on Friday said its mass market electric scooter, the S1 X+ (5.2kWh) has been approved under the Central Motor Vehicle Rules (CMVR), 1989 by the International Centre for Automotive Technology (ICAT), Manesar, a government-certified testing agency.
VI
Vodafone Group Plc is working on a proposal to shore up the capital of its listed Indian affiliate, as the venture seeks to turn over a new leaf after the Indian government cut a bill for outstanding spectrum fees, ET reported.
