Latest news with #AuditedStandalone&ConsolidatedFinancialResults
News18
19-05-2025
- Business
- News18
BEL Shares In Focus Ahead Of Q4 And Final Dividend Announcement Today, Stock Up 13% In 1 Week
Bharat Electronics (BEL) Share Price: Bharat Electronics Limited's (BEL's) shares are in focus on Monday, ahead of announcing its quarterly earnings for Q4FY25 and considering the final dividend for FY2024-25. Stocks experienced a sharp rally in recent weeks, especially after 'Operation Sindoor' amid the border tensions with Pakistan. They gained almost 13 per cent last week to reach near their 52-week high. Bharat Electronics Ltd (BEL), a defence public sector company (PSU), has been in news for its robust gain in stock prices in the recent weeks, especially following the Operation Sindoor. 'We wish to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, the 19th May, 2025 to consider and approve, inter alia, Audited Standalone & Consolidated Financial Results for the quarter and year ended 31st March, 2025 and also to consider recommendation of final Dividend for the financial year 2024-25," BEL said in the filing.
Mint
05-05-2025
- Business
- Mint
Navratna PSU BEL declares date to announce Q4 results 2025, final dividend for FY25
BEL Q4 Results: Navratna public sector undertaking (PSU) Bharat Electronics (BEL) on Monday, May 5, announced that its board of directors will meet later this month on May 19, 2025, to consider the financial results and final dividend. 'We wish to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, the 19th May, 2025, to consider and approve, inter alia, Audited Standalone & Consolidated Financial Results for the quarter and year ended 31st March, 2025 and also to consider recommendation of final Dividend for the financial year 2024-25,' said Bharat Electronics in an exchange filing today. According to analysts at Kotak Institutional Equities (KIE), Bharat Electronics' profit after tax (PAT) could grow 5.9% on a year-on-year (YoY) basis to ₹ 1903 crore in the March 2025 quarter as against ₹ 1,797 crore in the same period last year. On a sequential basis, the figure could jump 45%. Similarly, its net sales could jump 6% YoY and 57.3% QoQ, according to KIE's estimates to ₹ 9,080 crore. "BEL's 4QFY25 revenue is likely to grow 6% YoY and come in at ₹ 91 bn. BEL's order inflow growth has been muted at ₹ 89 bn (+8% YoY in 4QFY25). BEL has just achieved 75% of its FY2025 guided order inflow," KIE said. We model a ~27.5% EBITDA margin (83bps YoY and (-)139bps QoQ) for 4QFY25, said the brokerage. It also expects BEL to report ~27.5% EBITDA margins for FY2025, ahead of its guidance of 25%, largely driven by the strong performance seen in 9MFY25. First Published: 5 May 2025, 03:25 PM IST
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Business Standard
05-05-2025
- Business
- Business Standard
Bank of Baroda Q4 results 2025: Know date, time, key expectations, dividend
Bank of Baroda Q4 results 2025: State-owned lender, Bank of Baroda, could report a marginal increase in earnings in the March 2025 quarter of the previous financial year (Q4FY25). This, analysts predict, could be on the back of an unchanged net interest income (NII) and weak other income. Bank of Baroda Q4 results 2025 date: Bank of Baroda is scheduled to report its Q4FY25 results on Tuesday, May 6, 2025. "A meeting of the Board of Directors of Bank of Baroda will be held on Tuesday, May 6, 2025, to consider and approve the Audited Standalone & Consolidated Financial Results of the Bank for the quarter/year ended March 31, 2025," Bank of Baroda said in a stock exchange filing. Bank of Baroda Dividend Announcement: The Board of Directors on May 6, 2025, will also meet to consider/recommend dividend for FY 2024-25, if any. Bank of Baroda Q4 results: Key things to watch Bank of Baroda Q4 results expectations: Elara Capital Analysts at Elara Capital anticipate a muted growth of 2.1 per cent year-on-year (Y-o-Y) in Bank of Baroda's Q4FY25 net profit at ₹4,991.3 crore. This comes against a net profit of ₹4,886.5 crore reported at the end of Q4FY24. On a sequential basis, analysts said the profit could rise 3.2 per cent quarter-on-quarter (Q-o-Q) from ₹4,837.3 crore seen at the end of Q3FY25. The marginal increase in net profit is weighed by less than 1 per cent Y-o-Y rise in net interest income (NII) of ₹11,836.7 crore as against ₹11,792.8 crore in the March quarter of FY24. Sequentially, NII is seen rising 3.7 per cent from ₹11,416.9 crore. Bank of Baroda's non-interest income is seen falling 12.5 per cent Y-o-Y/3 per cent Q-o-Q to ₹3,666.6 crore, leading to a decline in reported operating profit by around 4 per cent Y-o-Y to ₹7,798.3 crore from ₹8,106.1 crore. That apart, the brokerage believes BoB's loan growth traction may sustain in Q4FY25 (12.6 per cent Y-o-Y/4.2 per cent Q-o-Q), but deposit growth may be slightly lower (9.6 per cent Y-o-Y/4.4 per cent Q-o-Q). Net interest margin (NIM) could come around 3.1 per cent in Q4FY25 vs 2.9 per cent Q-o-Q/3.3 per cent Y-o-Y. Motilal Oswal Financial Services This brokerage projects a meagre rise of 0.2 per cent Y-o-Y in Bank of Baroda Q4 net profit at ₹4,900 crore as it sees NII falling 1.1 per cent Y-o-Y to ₹11,660 crore. Capped by unchanged opex (operating expenditure) at ₹7,830 crore (vs ₹7,880 crore Y-o-Y), the brokerage notes a 3.5-per cent Y-o-Y rise in operating profit at ₹8,390 crore. On the business front, MOFSL projects Bank of Baroda Q4 loans to grow 12.1 per cent to ₹11.94 trillion, and deposits to rise 9.8 per cent Y-o-Y to ₹14.57 trillion. Gross non-performing assets (GNPA) ratio is seen improving slightly to 2.3 per cent from 2.4 per cent Q-o-Q and NNPA ratio is seen at 0.5 per cent from 0.6 per cent Q-o-Q. The brokerage said it expects cost ratios to remain under control in Q4FY25, while margins may see some moderation. Further, it predicts a marginal rise in credit costs. IIFL Capital Unlike other brokerages, analysts at IIFL Capital are skeptical of Bank of Baroda's net profit growth. They project a 3 per cent Y-o-Y and 2 per cent Q-o-Q decline in Q4 net profit at ₹4,700 crore. ALSO READ | HDFC Bank Q4 results: Profit rises 6.6% to Rs 17,616 crore Similarly, it expects NII to dip 1 per cent Y-o-Y, but rise 2 per cent Q-o-Q, to ₹11,700 crore, while core operating profit is seen falling 5 per cent Y-o-Y/1 per cent Q-o-Q to ₹5,600 crore. Nuvama Institutional Equities Analysts at Nuvama said, Bank of Baroda's Q4 NII may grow by 3.5 per cent Q-o-Q. Including Other Income, the increase in total revenue could be 6 per cent Q-o-Q/1 per cent Y-o-Y to ₹16,169 crore. Provisions, it said, would be lower sequentially, driving a net profit PAT growth of 12 per cent Y-o-Y/14 per cent Q-o-Q to ₹5,496.8 crore. Loan and deposit growth is projected to rise at 4.9 per cent each sequentially, while margin is expected to decline by 3bps Q-o-Q.
Mint
30-04-2025
- Business
- Mint
Bank of Baroda sets board meeting date to declare Q4 results 2025, dividend
Bank of Baroda share price edged lower on Wednesday amid muted trading volumes. Bank of Baroda (BoB) shares fell as much as 1.42% to ₹ 249.40 apiece on the BSE. The PSU bank has announced the date for its Q4 results. The state-run lender, Bank of Baroda said that its board of directors will meet on 6 May to consider and approve the financial results for the fourth quarter of FY25. Along with the Bank of Baroda Q4 results, the board will also approve the financial statements for the full financial year 2024-2025. 'We advise that a meeting of the Board of Directors of Bank of Baroda will be held on Tuesday 06th May 2025 at Bank's Corporate Office, BKC, Mumbai inter-alia: To consider & approve the Audited Standalone & Consolidated Financial Results of the Bank together with relevant segment reporting, for the quarter/year ended 31st March 2025,' Bank of Baroda said in a regulatory filing on April 30. The board of directors of Bank of Baroda, in its meeting to be held on 6 May, will also consider and recommend dividend for FY 2024-25, if any. Bank of Baroda had last declared a dividend of ₹ 7.6 per share for its shareholders in June 2024. Due to the announcement of Q4 results, the trading window of Bank of Baroda shares for designated persons is closed and will reopen on May 9. 'In view of the aforesaid, we advise that Trading Window in terms of 'Bank of Baroda Codes of Fair Disclosure and Conduct' read with SEBI (Prohibition of Insider Trading) Regulations, 2015 will reopen for trading w.e.f. 09th May 2025, the closure of which is already been announced by us beginning from 01st April 2025 vide our letter dated 24th March 2025,' Bank of Baroda said. Bank of Baroda is expected to report muted earnings in the fourth quarter of FY25, with a year-on-year (YoY) fall in net profit and net interest income (NII), along with margin compression. The public sector lender is estimated to report a net profit of ₹ 4,628 crore in Q4FY25, registering a drop of 5.3% from ₹ 4,886 crore in the year-ago period. Pre-Provisions Operating Profit (PPOP) in the quarter ended March 2025 is likely to fall 6.1% YoY to ₹ 7,613 crore, according to the estimates by Axis Securities. NII during the March 2025 quarter is expected to fall 1% to ₹ 11,679 crore from ₹ 11,793 crore, YoY, while the bank's net interest margin (NIM) is likely to contract. The bank's provisions are expected to rise to ₹ 1,315 crore, up 21.5% quarter-on-quarter (QoQ), and up 1.0% QoQ. Bank of Baroda's asset quality is likely to improve slightly, and credit costs are seen remaining under control Advances and Deposit growth are likely to be in line with industry growth, while the brokerage firm believes there is scope to improve LDR minimally. Opex growth is expected to remain under control. Bank of Baroda share price has witnessed notable long-term gains despite recent underperformance. The PSU stock has risen 10% over the past month and is up 4% on a year-to-date (YTD) basis. However, Bank of Baroda share price is down 11% over the last one year. Over a two-year period, BoB shares have gained more than 33%, while delivering impressive multibagger returns of 410% over the past five years. At 2:00 PM, Bank of Baroda share price was trading 0.97% lower at ₹ 250.55 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 30 Apr 2025, 02:01 PM IST
Mint
25-04-2025
- Business
- Mint
Canara Bank sets board meeting date to declare Q4 results 2025, dividend. Details here
Canara Bank, a state-owned lender, is set to announce its financial results for the fourth quarter and fiscal year ended March 31, 2025, on Thursday, May 8, 2025. During the meeting, the bank will also consider a dividend payout. "...the Board Meeting of the Bank is scheduled to be held on Thursday, May 8, 2025, at its Head Office in Bengaluru, inter alia to: (i) consider and approve the Audited Standalone & Consolidated Financial Results of the Bank for the Fourth Quarter / Financial Year ended March 31, 2025; and (ii) recommend consideration of dividend for the financial year 2024–25, if any, subject to the approval of shareholders at the Annual General Meeting," the bank stated in its regulatory filing today. Further, the lender informed that the trading window for directors, designated persons, their relatives, and connected persons has been closed from April 1, 2025, and will remain closed until 48 hours after the declaration of the financial results for the fourth quarter and financial year ended March 31, 2025. In other developments, Canara Robeco Asset Management Company has filed draft papers for an initial public offering, with existing shareholders looking to offload stakes at a time when the Indian IPO market is showing signs of a slowdown, Reuters reported. Canara Robeco is a joint venture between state-owned Canara Bank and Netherlands-based ORIX Corporation Europe, a subsidiary of Japan's ORIX Corporation Canara Bank shares continued their upward trajectory for the second consecutive month in April, rising 8.46%, building on a 10% surge in March. Prior to this recovery, the stock had witnessed a steady decline from May 2024 to February 2025, ending each of those months in the red and resulting in a 35% correction in value. Despite the sharp rebound in the last couple of months, the stock is still down by 26% from its June 2024 high of ₹ 128.90 apiece. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions. First Published: 25 Apr 2025, 06:06 PM IST
