&w=3840&q=100)
KEI Industries shares up 5% after Q4 results; earnings analysis here
The company's stock rose as much as 5.04 per cent during the day to ₹3,354 per share
SI Reporter Mumbai
Shares of KEI Industries rose over 5 per cent on Wednesday's intraday session after it reported a 34 per cent jump in its net profit for the fourth quarter of the previous financial year (FY25).
The company's stock rose as much as 5.04 per cent during the day to ₹3,354 per share. The stock pared gains to trade 4.4 per cent higher at ₹3,335 apiece, compared to a 0.08 per cent decline in Nifty 50 as of 12:02 PM.
Shares of the company have recovered by about 37 per cent from its lows of ₹2,424, which it hit in early April. The stock has fallen by 25 per cent this year, compared to a 3 per cent advance in the benchmark Nifty 50.
KEI Industries Q4 analysis
KEI Industries reported a 34.46 per cent rise in net profit to ₹226.55 crore for the quarter ended March 2025, compared to ₹168.49 crore in the corresponding quarter of the previous year. Revenue for the quarter grew 25.11 per cent to ₹2,914.79 crore, up from ₹2,329.86 crore in the March 2024 quarter.
For the full year ended March 2025, net profit increased 19.92 per cent to ₹696.41 crore as against ₹580.74 crore in the previous year. Annual revenue rose 19.89 per cent to ₹9,735.88 crore from ₹8,120.73 crore in the year ended March 2024.
Earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose 18 per cent year-on-year to ₹301.30 crore, although operating margins declined slightly to 10.30 per cent from 11.00 per cent in the corresponding quarter of the previous year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
an hour ago
- The Hindu
Equity MF net inflows dip to one-year low at ₹19,013 crore
Mumbai Net inflows into large cap mutual fund schemes halved to ₹1,250.4 crore in May, according to data from the Association of Mutual Funds in India (AMFI). Mid cap schemes dipped 15.25% to ₹2,808.7 crore, while net inflows into small cap funds fell 20% to ₹3,214 crore in May 2025. The reduced inflows coincided with a three-month low monthly return in Nifty 50. The index was up just 1.7% by the end of May. This was 3.5% in April and 6.4% in March. This cooling down of returns comes at a time of increased volatility owing to tariff announcements and tensions between India and Pakistan, which may have created caution among investors, according to industry experts. 'Equity inflows moderated to ₹19,013 crore this month, reflecting cautious investor sentiment amidst market volatility,' said Venkat Chalasani, CEO, AMFI. SIPs remain flat Systematic Investment Plans' (SIP) contribution stayed more or less flat at ₹26,688 crore in May 2025. The number of contributing SIP accounts too stayed at 8.6 crore in May.
&w=3840&q=100)
Business Standard
2 hours ago
- Business Standard
Grasim: Investors bet on paints, ignore weakness in core business
Investors and analysts are betting on a fast ramp-up in paints division and its e-commerce venture of selling construction goods Krishna Kant Mumbai Listen to This Article The AV Birla group flagship Grasim Industries has been an outperformer on the bourses. The company's stock price is up 56.5 per cent in the last two years, compared to 30.8 per cent rally in the benchmark Nifty 50 during the period. The stock has also outperformed in the recent rally and is up 10.7 per cent since the start of 2025 calendar year, compared to 6.2 per cent rise in the benchmark index in the period. The numbers, however, suggest that the rally has been driven by a valuation rerating of Grasim rather than underlying rise in its earnings.
Hans India
4 hours ago
- Hans India
Sensex, Nifty 50 turn flat after rally: Time to book profits?
After five days of gains, the Sensex and Nifty opened higher on Tuesday but quickly lost momentum, turning volatile amid global cues and sectoral churn. As of 9:32 AM: Sensex: Down 160 pts to 82,284 Nifty 50: Down 5 pts to 25,097 Key Trends Nifty Auto, IT, Metal, and Oil & Gas sectors showed gains Bank and Financial Services dipped Midcaps and Smallcaps continued their uptrend Expert Views VK Vijayakumar (Geojit): Nifty to consolidate in the 24,500–25,500 range. Some profit booking is likely, but liquidity may support dips. Akshay Chinchalkar (Axis Securities): Technicals point to a bullish breakout with upside potential to 25,800, as long as Nifty stays above 24,800. Ajit Mishra (Religare): Stay cautious in mid & small caps; focus on quality stocks with a favorable risk-reward ratio. What's Next? The outcome of ongoing US-China trade talks will likely shape short-term market sentiment. While optimism exists, a quick resolution is unlikely. Should You Book Profits? Some profit booking is advised to hedge against volatility, especially after recent highs and stretched valuations. However, the underlying sentiment remains bullish with strong domestic liquidity.
