Alpex Solar consolidated net profit rises 3889.62% in the June 2025 quarter
Net profit of Alpex Solar rose 3889.62% to Rs 42.29 crore in the quarter ended June 2025 as against Rs 1.06 crore during the previous quarter ended June 2024. Sales rose 395.66% to Rs 380.32 crore in the quarter ended June 2025 as against Rs 76.73 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 380.3276.73 396 OPM % 16.465.15 - PBDT 61.532.77 2121 PBT 57.401.49 3752 NP 42.291.06 3890
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
20 minutes ago
- Economic Times
Knowledge Realty Trust REIT shares list at 4% premium over issue price
Knowledge Realty Trust REIT made a steady debut on the bourses today, with a premium of 4%. The stock listed at Rs 103 on the NSE and Rs 104 on the BSE against the issue price of Rs 100 per unit. ADVERTISEMENT The Rs 4,800 crore IPO of Knowledge Realty Trust REIT, India's largest office real estate investment trust, had received robust investor interest, with the issue subscribed 12.48 times overall. The QIB portion was booked 9.07 times, while non-institutional investors (NIIs) subscribed 16.57 times. The REIT also garnered Rs 1,620 crore from anchor investors ahead of the IPO. Proceeds from the fresh issue will primarily be used to partially or fully repay borrowings of its asset SPVs and investment entities, amounting to Rs 4,640 crore, with the balance earmarked for general Realty Trust REIT manages a portfolio of 30 Grade-A office assets across six cities, including Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram, and GIFT City in Ahmedabad, with a committed occupancy of 91.4% as of March 31, tenant base includes Fortune 500 companies, global capability centres, and leading domestic corporates. ADVERTISEMENT For FY25, the REIT reported total income of Rs 4,146.86 crore, up 16% year-on-year, though profit after tax fell 34% to Rs 222.52 crore. Unlock 500+ Stock Recos on App With its scale, geographic diversification, and backing from global sponsors Blackstone and Sattva, Knowledge Realty Trust REIT is being closely watched as a barometer for institutional appetite in India's commercial office space. ADVERTISEMENT Analysts expect the trust's stable rental income and strong tenant mix to support long-term returns, though near-term performance will depend on secondary market sentiment. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Business Standard
20 minutes ago
- Business Standard
Electronics Mart India jumps on new store launch in Andhra Pradesh
Electronics Mart India surged 6.07% to close at Rs 126.75 after the company announced the commencement of operations of a new multi-brand store under the 'Bajaj Electronics' brand. The store, spread across 5,000 square feet, opened on 16 August 2025 at Palasa in Andhra Pradesh. Electronics Mart India is engaged in the business of sale of consumer electronics and durable products through a chain of retail stores located in the states of Telangana, Andhra Pradesh, Delhi NCR, Kerala and also through the online platform. On a consolidated basis, net profit of Electronics Mart India declined 71.89% to Rs 21.62 crore while net sales declined 9.72% to Rs 1739.39 crore in Q1 June 2025 over Q1 June 2024.
Economic Times
20 minutes ago
- Economic Times
Rs 3,100 crore mutual fund battle: Why MFs are ditching Zomato for Swiggy
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Zomato vs Swiggy What should investors do? Tired of too many ads? Remove Ads While retail investors may have taken a fancy for both the new-age stocks, mutual funds were seen dumping shares of soaring Zomato 's parent Eternal while aggressively accumulating its rival Swiggy , even as the food delivery war intensifies and one stock rockets to fresh highs while the other struggles to move as Eternal shares surged 17% in July and touched a fresh 52-week high of Rs 319.80 on BSE last Friday, mutual funds were busy booking profits worth an estimated Rs 1,700 crore last month by offloading 5.4 crore shares, according to data from Prime Database and Nuvama Meanwhile, they poured Rs 1,400 crore into Swiggy, snapping up 3.43 crore shares of the stock that's down over 26% contrarian bet appears to be a classic case of buying the dip and selling the rip. While Eternal has delivered a stellar 14% return year-to-date and hit fresh peaks, fund managers seem to believe the rally has run its course. Conversely, Swiggy's brutal 26% decline appears to have created a buying opportunity that institutional investors can't Prudential Mutual Fund led the Zomato exodus with Rs 810 crore in sales, closely followed by Mirae Asset's Rs 820 crore disposal. Other major sellers included Kotak and SBI Mutual Fund. However, not all funds joined the selling spree. Axis Mutual Fund bucked the trend with Rs 375 crore in purchases, alongside Motilal Oswal and the Swiggy front, the buying brigade was led by Mirae Asset, HDFC, SBI MF , Bandhan, and timing couldn't be more telling. Eternal's 17% July surge came after a robust 21% rally in June, suggesting fund managers are taking profits after a strong run. Meanwhile, Swiggy managed just a 1% gain in July despite the heavy institutional buying, highlighting the stock's current Sachs remains bullish on Zomato, raising its 12-month target price to Rs 340 from Rs 330 and reiterating a Buy rating with 25% potential upside. The investment bank raised its FY26E-30E revenue estimates by up to 11%, driven by strong demand trends in quick commerce."On the back of 1QFY26 results, our food delivery GOV/revenue estimates are higher by 1-2%. We raise our FY26E-FY30E quick commerce GOV estimates by up to 9% due to strong demand trends," Goldman Sachs has turned even more optimistic, upgrading Eternal to Buy after earlier concerns about competition proved "unfounded." The brokerage highlighted management's significantly positive commentary, especially on quick commerce."Progress in Q/C suggests that our concerns on competition, which led to the d/g in Jan-25, were unfounded; we now u/g to BUY," Jefferies Swiggy, the Street sees a turnaround brewing. Jefferies upgraded the stock to Buy, noting that "Q1 profitability marked the trough" and expecting easing competition ahead."With a pause on dark store expansion in ST and easing in competition (JEF view), Q1 profitability marked the trough. Swiggy however remains prone to high volatility due to a low margin base," the brokerage Stanley has "lowered projections of consolidated adjusted EBITDA losses for F26-28" while HSBC values the entire Swiggy business at $11.4 billion or Rs 430 per share, with the food delivery business alone worth $8 billion.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
