Schaeffler India Q1 Results | Net profit surges 26% on higher revenue, margin gains

Shares of Schaeffler India Ltd ended at ₹4,350.00, up by ₹67.90, or 1.59%, on the BSE.

Shares of Schaeffler India Ltd ended at ₹4,350.00, up by ₹67.90, or 1.59%, on the BSE.

Indian Bank’s Q4 profit rose 6%, while asset quality improved. The lender set aside ₹308 crore for West Asia risks, declared dividend, and approved plans to raise up to ₹5,000 crore.

Federal Bank’s fresh slippages for the quarter stood at ₹474 crore, compared to ₹435 crore during the December quarter.

In an interaction with CNBC-TV18 after the results, the management of Bansal Wire said that they are facing some issues on capacity utilization levels due to the ongoing geopolitical issues.

Net profit surged to ₹59 crore in Q4FY26 from ₹5 crore a year ago, supported in part by a one-off gain of ₹31 crore.

Emcure Pharma, Tenneco Clean Air, Emmvee Photovoltaic, GE Sipping, Welspun Corp, Bharat Forge and MCX are the stocks that hit fresh record highs in trade on Wednesday, April 29. The stocks have gained in the 2.9% to 13.7% range.

Raman Jauhar, Managing Director and Head of Equities at Axis Capital flags limited near-term upside for equities, citing macro uncertainty and potential earnings downgrades, with Nifty likely to trade in a defined range.

In absolute terms, Indian Overseas Bank’s Gross NPA stood at ₹4,409 crore from ₹4,529 crore in December, while net NPA improved to ₹637 crore from ₹707 crore earlier.
George Joseph, Chief Investment Officer & CEO–Equity at ASK Investment Managers, says India’s long-term fundamentals remain strong despite global uncertainty, with GDP potentially doubling in 7–10 years. He favours cyclicals like banks, autos, capital goods, real estate, and defence, supported…

Bajaj Finance had reported its business update for the March quarter earlier this month with growth in its Assets Under Management (AUM) managing to meet expectations and cross the milestone of ₹5 lakh crore.