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Stocks to watch: Bharti Airtel, Adani Ports, Tata Motors, Paytm among shares in focus today

Stocks to watch: Bharti Airtel, Adani Ports, Tata Motors, Paytm among shares in focus today

Mint12 hours ago
Shares of Bharti Airtel, Adani Ports, Lupin, Britannia, Torrent Power will remain in focus as the companies will declare their Q1 earnings today.
Antfin (Netherlands) Holding BV, an affiliate of Ant Group, is expected to offload its entire 5.84% stake in One 97 Communications through a block deal on Tuesday.
Inox India reported a 16% year-on-year rise in net profit to ₹ 61.1 crore for the quarter ending June 30, compared to ₹ 53 crore in the same quarter last year.
Real estate giant DLF posted an 18% year-on-year increase in its consolidated net profit for the June quarter, reaching ₹ 763 crore.
Siemens Energy India posted a net profit of ₹ 263 crore for the June quarter, marking an 80% increase compared to ₹ 146 crore in the same period last year.
The company reported a consolidated net profit of ₹ 824.2 crore, marking a 10.2% decline compared to ₹ 918.2 crore in the same period last year.
The electronics component manufacturer announced that its fully owned subsidiary, Kaynes Circuits India Private Limited, has signed a non-binding Memorandum of Understanding (MoU) with the Tamil Nadu government.
The state-owned heavy equipment manufacturer announced that it has secured an order worth around ₹ 282 crore from the Ministry of Defence for the supply of 8x8 high mobility vehicles (HMVs).
The company has named its current Chief Financial Officer, PB Balaji, as the next CEO of Jaguar Land Rover (JLR), with the appointment taking effect in November 2025.
The bank has appointed Rajiv Anand as its new Managing Director and CEO, after receiving approval from the Reserve Bank of India (RBI).
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Britannia Q1 Results: Cons PAT rises 3% YoY to  Rs 521 crore, revenue grows 9%
Britannia Q1 Results: Cons PAT rises 3% YoY to  Rs 521 crore, revenue grows 9%

Time of India

time32 minutes ago

  • Time of India

Britannia Q1 Results: Cons PAT rises 3% YoY to Rs 521 crore, revenue grows 9%

Britannia Industries on Tuesday reported a 3 % year-on-year rise in consolidated Q1 FY26 net profit to Rs 521 crore, up from Rs 506 crore a year earlier. Total revenue from operations grew 9 % to Rs 4,622 crore versus Rs 4,250 crore in Q1 FY25. The PAT was 7% lower on a sequential basis versus Rs 560 crore reported in Q4FY25 despite a 4% uptick in the company's topline in the quarter under review compared to Rs 4,432 crore reported in the January-March quarter. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Expense breakdown Total expenses: Rs 3,973 crore ( Rs 3,739 crore in Q4 FY25; Rs 3,600 crore in Q1 FY25). Cost of materials consumed: Rs 2,551 crore, up 15 % YoY and 4.5 % QoQ. Employee benefits were the next-largest expense. Finance cost fell to Rs 26 crore ( Rs 31 crore in Q4 FY25; Rs 29 crore in Q1 FY25). Profit before tax stood at Rs 701 crore ( Rs 752 crore in Q4 FY25; Rs 681 crore in Q1 FY25). Management commentary Commenting on the performance, Executive Vice-Chairman, Managing Director & Chief Executive Officer Varun Berry said that the Q1 performance underscored the effectiveness of company's focused execution strategy, which entailed maximising value from existing outlets, enabling more agile servicing to key stores, and driving operational efficiencies across the distribution network, leading to a growth of 10% in sales. The company reported a robust double-digit growth across four focus states and in adjacent bakery categories such as rusk, wafers, and croissant. Marginal uptick in consumption across both urban and rural markets — underpinned by moderating inflation, helped us go back to double-digit growth after the last few periods, Berry said. Live Events "As the year progresses, our focus will remain on sustaining a healthy growth trajectory while protecting margins amidst a heightened competitive landscape across product categories. We aim to further reinforce our market leadership through continued investments in brand building and innovations. Also Read: Bharti Airtel Q1 Results: Cons PAT jumps 43% YoY to Rs 5,948 crore, misses Street estimates; ARPU rises to Rs 250

Rajiv Anand to help realise full potential of IndusInd Bank, says promoter Ashok Hinduja
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Rajiv Anand to help realise full potential of IndusInd Bank, says promoter Ashok Hinduja

Synopsis IndusInd Bank promoter Ashok Hinduja has extended full support to newly appointed CEO Rajiv Anand, who will assume charge on August 25. Anand's appointment follows leadership exits and financial setbacks, including a ₹2,329 crore loss in Q4. Hinduja praised the RBI for its swift approval. The bank expects Anand to unveil a long-term strategy as it moves past past issues. Agencies IndusInd Bank promoter Ashok Hinduja on Tuesday said the lender's newly appointed chief executive and managing director, Rajiv Anand, will help realise the full potential of the bank. The promoter grouping will offer "full support" to Anand, Hinduja said. "As the promoter of IndusInd Bank, we offer full support and wish him all success," he said in a statement that comes after the announcement of Anand as the candidate to lead the troubled lender. Several senior executives in IndusInd Bank, including the CEO Sumant Kathpalia, resigned over the last few months, necessitating the new appointment. The bank, which is under an interim management, has owned up to fraud, under-reporting of non-performing assets and other drawbacks, which led it to post a Rs 2,329 crore loss for the March quarter. After it swung back to black in the June quarter, the interim management has assured that there are no problems from the past which are yet to be recognized, and added that the new CEO will come out with a detailed strategy on the medium to long term strategies once he or she joins. "I compliment the regulator for the expeditious approval of the appointment of Rajiv Anand as the MD and CEO at Indusind Bank," Hinduja said. The IndusInd board, basis approval of the Reserve Bank of India (RBI), at its meeting held on August 4 approved the appointment of Rajiv Anand as 'Additional Director' in the category of Managing Director and CEO and Key Managerial Personnel of the bank for three years, IndusInd Bank said in a late evening regulatory filing on Monday. Anand's appointment is for three years, and will be taking over the reins at the troubled lender on August 25. It can be noted that a few years ago, the bank's promoter had received the RBI nod to raise its stake in the bank to 26 per cent from the present level of around 15 per cent. The bank scrip closed 1.90 per cent up at Rs 819.20 a shares on the BSE on Tuesday, as against a 0.38 per cent correction on the benchmark. PTI

Airtel Q1 results: Net profit jumps 43% to Rs 5,948 crore as revenue, ARPU see strong growth
Airtel Q1 results: Net profit jumps 43% to Rs 5,948 crore as revenue, ARPU see strong growth

Time of India

time2 hours ago

  • Time of India

Airtel Q1 results: Net profit jumps 43% to Rs 5,948 crore as revenue, ARPU see strong growth

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