State Bank of India Q4 (Standalone YoY)

Profit drops 9.9% to Rs 18,642.6 crore Vs Rs 20,698.4 crore. Net interest income grows 2.7% to Rs 42,774.6 crore Vs Rs 41,655.2 crore. Provisions and contingencies spikes 4-fold to Rs 6,441.7 crore Vs Rs 1,609.8 crore. Gross NPA falls to 1.82% Vs 2.07% (QoQ). Net NPA declines to 0.47% Vs 0.53% (QoQ). Board declares dividend of Rs 15.9 per share for FY25. Board approves fund raising up to Rs 25,000 crore in FY26

Kotak Mahindra Bank Q4 (Standalone YoY)

Profit declines 14.1% to Rs 3,551.7 crore Vs Rs 4,133.3 crore. Net interest income increases 5.4% to Rs 7,283.6 crore Vs Rs 6,909.4 crore. Provisions and contingencies soars 244.8% to Rs 909.4 crore Vs Rs 263.7 crore. Gross NPA slips to 1.42% Vs 1.50% (QoQ). Net NPA drops to 0.31% Vs 0.41% (QoQ)

Avenue Supermarts Q4 (Consolidated YoY)

Profit falls 2.2% to Rs 550.9 crore Vs Rs 563.3 crore. Revenue grows 16.9% to Rs 14,872 crore Vs Rs 12,726.6 crore

Indian Bank Q4 (Standalone YoY)

Profit zooms 31.6% to Rs 2,956.1 crore Vs Rs 2,247 crore. Net interest income rises 6.2% to Rs 6,389.3 crore Vs Rs 6,015.4 crore. Provisions and contingencies plunge 36.3% to Rs 794.6 crore Vs Rs 1,247.8 crore. Gross NPA drops to 3.09% Vs 3.26% (QoQ). Net NPA slips to 0.19% Vs 0.21% (QoQ)

Marico Q4 (Consolidated YoY)

Profit increases 7.8% to Rs 345 crore Vs Rs 320 crore. Revenue grows 19.8% to Rs 2,730 crore Vs Rs 2,278 crore. EBTIDA rises 3.6% to Rs 458 crore Vs Rs 442 crore. Margin drops 260 bps to 16.8% Vs 19.4%. Board recommends final dividend of Rs 7 per share for FY25

AU Small Finance Bank

True North, Indium IV (Mauritius), and Silver Leaf Oak are likely to sell 92.3 lakh shares (1.24% equity) in the bank via block deals, reports CNBC-TV18 quoting sources. The floor price is set at Rs 650 per share.

Azad Engineering

The company has signed a long-term supply agreement with GE Steam Power GMBH, acting through its GE Vernova Power business based in Baden, Switzerland, for the manufacture and supply of highly engineered and complex rotating and stationary airfoils for advanced nuclear, industrial, and thermal power industries. This phase of the contract is valued at $53.5 million (Rs 452.48 crore).

IRCON International

The company has received a work order worth Rs 458.14 crore from North Eastern Electric Power Corporation. The order involves the construction of civil works on an item-rate basis for the Tato-I Hydro Electric Project in Arunachal Pradesh.

Shilpa Medicare

The company's biologics subsidiary, Shilpa Biologics, has received European GMP certification for its Dharwad plant in Karnataka for manufacturing test batches, based on a recent inspection. The inspection was conducted between February 18–20 by the competent authority of Austria.

Concord Biotech

The US Food and Drug Administration has issued Form 483 with four observations for the company's API facility in Dholka. The US health regulator inspected the facility between April 28 and May 2. These observations are procedural in nature and none are related to data integrity.

BSE

The company has executed a Share Purchase Agreement to divest its 100% stake in BSE Institute (BIL) to AV Financial Experts Network for Rs 16.9 crore, subject to the fulfilment of pre-closing obligations.

GOCL Corporation

The company has received approval from its Board to sell its subsidiary, IDL Explosives, to Apollo Defence Industries for Rs 107 crore.

Tata Motors

The Board has approved the issuance of non-convertible debentures (NCDs) worth up to Rs 500 crore.

Indraprastha Gas

The Board has approved the appointment of Rajkumar Dubey as Chairman of the company, effective May 1. Sukhmal Kumar Jain has ceased to be the Chairman.

Tata Steel

Life Insurance Corporation of India has increased its stake in Tata Steel to 7.851% from 5.836% between July 28, 2022, and April 30, 2025.

NTPC

The company's subsidiary, NTPC Renewable Energy, has declared commercial operation of the third and final phase of its 60 MW capacity, part of the 150 MW Gujarat Solar PV project. With this, the total installed and commercial capacity of the NTPC Group has reached 80,155 MW.

JSW Steel

The Revisionary Authority has set aside the demand notices and remanded the matter back to the State Government of Odisha to be disposed of after providing a proper opportunity for a hearing to the company. The Deputy Director of Mines had issued a demand notice, claiming Rs 702 crore for an alleged drop in the grade of production, violation of the mining plan, and use of a higher mesh size for screening in respect of iron ore mining at the Narayanposhi, Jajang, Nuagaon, and Gonua mines.

Adani Ports and Special Economic Zone

The company handled cargo volume of 37.5 MMT, a 4% YoY growth, led by containers (up 21% YoY), and liquids and gas (up 8% YoY). Its logistics rail volume stood at 57,751 TEUs, up 17% YoY, while GPWIS volume reached 1.8 MMT, up 4% YoY.

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