Varroc Engineering reported a sharply lower Q3 loss on improved revenue and EBITDA, though the stock fell as margins stayed flat and a labour code provision weighed on performance.
Experts said India’s trade gap with the US may be higher if services payments and spending by Indian students and firms are included. Energy imports such as LNG, LPG, and ethane are being seen as areas where India can increase…
Hindustan Copper’s financial performance during the quarter was aided by a rally in Copper prices in the global markets. Prices have now dipped below the mark of $13,000 mark, with stockpiles and China demand in focus.
Max Healthcare reported slower Q3 revenue growth with softer occupancy and margins, though higher ARPOB and steady profit growth reflected resilience amid operational and regulatory headwinds.
Out of the 50 stocks on the Nifty index, 30 ended the session in the red. Hindalco, Eternal, Bharti Airtel, BEL and SBI Life emerged as the top losers among Nifty constituents.
Net profit falls 17.2% to ₹82.8 crore; revenue, EBITDA and margins also see moderation
Karan Taurani, EVP at Elara Capital, said companies with higher delivery share are expected to perform better, while merger-led cost synergies may support margins for some players.
Nava posted strong top-line growth in Q3FY26, but higher manufacturing costs and taxes weighed on margins and profitability, keeping investor sentiment cautious post results.
Courtesy of the strong operating performance during the December quarter, shares of Indian Oil Corporation gained on Thursday. The stock is up 40% in the last 12 months.
Alembic Pharmaceuticals posted double-digit revenue growth in Q3, with margins steady, though a one-time labour code provision weighed on net profit despite strong global execution.