LT Foods Q4 net profit falls 16% on margin compression, revenue jumps 30%; declares dividend

Shares of LT Foods Ltd ended at ₹410.60, down by ₹2.85, or 0.69%, on the BSE.

Shares of LT Foods Ltd ended at ₹410.60, down by ₹2.85, or 0.69%, on the BSE.

L&T and Exail will provide the Indian Navy unmanned MCM suit, incorporation autonomous and remotely operated systems designed to detect, classify, identify and neutralize naval mines in a safe, stand-off manner.

Meghmani Organics reported a weak Q4 performance as profit, revenue and operating earnings declined year-on-year, with margins contracting significantly.

India weighs new steps to curb dollar outflows as BoP deficit and rupee slide persist, options include tighter LRS limits, lower tax on foreign bond investors, and a new NRI deposit scheme

During the quarter, IRFC also executed a ₹12,842 crore refinancing deal for Hindustan Urvarak & Rasayan Ltd., marking its foray into the large-ticket refinancing in the fertilizer sector.

Senores Pharmaceuticals shares fell over 5% despite strong year-on-year earnings growth, as investors reacted to sequential weakness in EBITDA and margins amid a softer operational performance in the March quarter.

Quality Power’s margins witnessed a sharp contraction in the fourth quarter due to a one-time labour cost and consolidation of lower margin subsidiaries. Its EBITDA margin contracted to 10.5% from 14.84% in the year-ago period.

Arvind Sanger, Managing Partner of Geosphere Capital Management says rising crude prices, inflation risks and prolonged geopolitical tensions could weigh on Indian markets, while the US AI investment cycle continues to remain resilient despite concerns around valuations and returns.
V Srivatsa, Executive VP-Equity at UTI AMC, remains positive on large private banks despite near-term pressure on NIMs, citing attractive valuations and stable credit costs. He also sees value emerging in IT stocks, where growth remains at 3-5% despite AI…

Among the worst hit were Persistent Systems, Coforge, Mphasis and LTIMindtree, which declined between 3% and 5%. Heavyweights including Wipro, Tata Consultancy Services and Infosys were down 2% to 3%.