&w=3840&q=100)
Hindustan Zinc Q1 results: Profit declines 5% to ₹2,234 cr, revenue down 4%
New Delhi
Hindustan Zinc Ltd on Friday reported a net profit of ₹2,234 crore for the first quarter (Q1) of FY26, down 4.75 per cent from ₹2,345 crore in the same period last year. Compared to the previous quarter (Q4 FY25), the company's profit declined by 25.61 per cent, dropping from ₹3,003 crore.
The company's revenue for Q1 FY26 stood at ₹7,591 crore, marking a 3.8 per cent decline compared to ₹7,893 crore in Q1 FY25, and a sharper sequential drop of 14 per cent from ₹8,829 crore in Q4 FY25.
Shares of Hindustan Zinc were trading 0.14 per cent down at ₹436.45 apiece at 3.09 pm on the BSE on Friday.
First Published: Jul 18 2025 | 3:22 PM IST
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
3 hours ago
- Time of India
Lucknow-based Takyon Networks lists on BSE
Lucknow: Lucknow-based IT solutions company Takyon Networks Limited on Wednesday got listed on the SME platform of the Bombay Stock Exchange (BSE). Headquartered in Gomtinagar, Takyon Networks Limited's listing on the BSE SME (small and medium enterprises) platform signals the growth story UP-based entrepreneurs are achieving. The initial public offering (IPO) valued Rs 20 crore was oversubscribed by 20.35 times backed by strong investor interest. Chairman and managing director of the company Manish Kumar Sharma, described the listing as a triumph of collective effort. "This listing is not just an achievement. It is a celebration of the trust and commitment shared by our employees, customers, and partners over the years. Our journey from Lucknow to BSE proves that world-class technology companies can emerge from tier-II cities." The most anticipated moment of the event, the gong bell ceremony, added a memorable moment to the proceedings. As the clock struck 10 am, a countdown was announced from the stage, culminating in Sharma striking the ceremonial gong. The resonating chime was more than a sound — it was a declaration of over a decade of perseverance, vision and trust. Following the listing, the company's estimated market capitalisation stands at Rs 78 crore. The company caters to clients across sectors from govt agencies to corporate enterprises. Its offerings include networking infrastructure, data centre solutions, cloud and managed services, IT security, surveillance, maintenance, and onsite technical support.
&w=3840&q=100)
Business Standard
6 hours ago
- Business Standard
NSDL makes a strong debut on bourses, shares jump 17% on Wednesday
Shares of National Securities Depository Limited (NSDL) rose 17 per cent during their trading debut on the BSE on Wednesday. The stock listed at ₹880, a 10 per cent premium to its issue price of ₹800, and ended the session at ₹936. Its ₹4,011 crore IPO was subscribed 41 times. The institutional investor portion was subscribed 104 times, the wealthy investor portion 35 times, the retail investor portion nearly 8 times. The IPO was entirely an offer for sale issue. The selling shareholders included IDBI Bank, National Stock Exchange of India (NSE), and four other institutions. The IPO was necessitated as the Securities and Exchange Board of India (Sebi) norms prohibit any single entity from owning more than 15 per cent stake in any market infrastructure institution. NSDL pioneered the dematerialisation of securities in India. As of March 31, 2025, NSDL is the largest depository in India in terms of the number of issuers, the number of active instruments, the market share in demat value of settlement volume and the value of assets held under custody. However, the firm has lagged behind its rival CDSL in terms of the number of demat accounts opened with it. Sri Lotus Developers stock rallies over 31% in mkt debut Shares of Sri Lotus Developers and Realty, backed by renowned investor Ashish Kacholia, closed the first day of trade with a premium of more than 31 per cent against the issue price of ₹150 on Wednesday. The stock listed at ₹179.10, up by 19.4 per cent from the issue price on the BSE. During the day, the shares of Sri Lotus Developers and Realty surged 31.3 per cent to hit a high of ₹197 apiece. Later, shares settled at ₹196.85, up 31.23 per cent. On the NSE, the stock climbed 18.67 per cent to ₹178 in the initial trade. Later, the shares of the company bounced closed at ₹195.80, up 30.53 per cent, also its upper price band. At the market close, the company's market valuation stood at ₹9,620.53 crore on the BSE. In volume terms, 9.18 crore equity shares were traded on the NSE while 1.69 crore shares changed hands on the BSE, during the day. The ₹792 crore initial public offering (IPO) was subscribed 69.14 times on the final day of bidding on Friday. Sri Lotus Developers on Tuesday raised ₹237 crore from institutional investors. BlueStone Jewellery's public issue to open on Aug 11 BlueStone Jewellery and Lifestyle, which offers contemporary jewellery under its flagship brand 'BlueStone', on Wednesday fixed a price band of ₹492 to ₹517 per share for its initial public offering (IPO) .The company's maiden public issue will be open for subscription from August 11 to August 13, according to a IPO involves a fresh issue of ₹820 crore and offer for sale (OFS) of 1,39,39,063 equity shares worth ₹720.65 crore, at the upper end of the price band. Proceeds from the fresh issue will be used for its working capital requirements. Prestige Hospitality Ventures, 4 others get nod to go public As many as five companies, including Prestige Hospitality Ventures and Anand Rathi Share and Stock Brokers, have received Sebi's go ahead to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on that received regulatory clearance are SSF Plastics India, Gujarat Kidney and Super Speciality, and EPack Prefab Technologies. These companies, which filed their preliminary IPO papers between January and April, obtained Sebi's observations during the week, as per the update.
The Hindu
6 hours ago
- The Hindu
Divi's Q1 net up 27% YoY to ₹545 crore, slips sequentially
Active pharmaceutical ingredient (API) manufacturer Divi's Laboratories reported consolidated net profit for June quarter increased nearly 27% to ₹545 crore compared with ₹430 crore a year earlier. The net profit came on an almost 14% increase in the revenue from operations to ₹2,410 crore (₹2,118 crore). Sequentially, however, both the net profit and revenue from operations declined. The company, which specialises in generic APIs, custom synthesis and nutraceuticals, had for the March quarter posted ₹662 crore net profit and ₹2,585 crore revenue from operations. Divi's shares on Wednesday closed 4.29% lower to ₹6,134.25 each on the BSE.
