Latest news with #AuditedStandaloneFinancialResults
Mint
18-07-2025
- Business
- Mint
Tata Chemicals declares board meeting date to announce Q1 results 2025. Details here
Tata Chemicals, a Tata Group company, is scheduled to release its financial results for the first quarter of the current fiscal (Q1FY26) on Friday, July 25, 2025. The announcement was made via a regulatory filing submitted to the stock exchanges. The board meeting will review and approve both the Unaudited Consolidated and Audited Standalone Financial Results for the quarter ended June 30, 2025. This update comes at a time when investors are closely watching the company's performance trajectory, following a steep fall in net profit and margins in the recently concluded March quarter. For the quarter ended March 31, 2025, Tata Chemicals reported a significant downturn in profitability. The company posted a consolidated net loss of ₹ 56 crore, a sharp reversal from the ₹ 850 crore net profit it had recorded in the same quarter last year (Q4FY24). This marked a more than 15-fold year-on-year decline. Revenue from operations, however, managed to grow marginally by 1 percent year-on-year to ₹ 3,509 crore, up from ₹ 3,475 crore in Q4FY24. This modest increase in revenue came amid persistent pricing pressure across geographies, which continued to weigh on overall profitability. At the operational level, EBITDA (earnings before interest, tax, depreciation, and amortisation) fell 26 percent to ₹ 327 crore, down from ₹ 443 crore in the year-ago period. Correspondingly, the EBITDA margin shrank to 9.3 percent from 13.8 percent in Q4FY24, highlighting margin compression due to adverse market conditions. Meanwhile, gross consolidated debt rose sharply during the quarter by ₹ 1,509 crore, reaching ₹ 7,072 crore. This included lease liabilities of ₹ 768 crore. The company attributed the increase in debt to higher working capital requirements across its operations in India, the United States, and the United Kingdom. For the full fiscal year ended March 2025, Tata Chemicals posted consolidated revenue of ₹ 14,887 crore, a decline from ₹ 15,421 crore in FY24. The drop in revenue was primarily due to weak pricing, which was only partially offset by increased volumes. Full-year EBITDA declined significantly to ₹ 1,953 crore from ₹ 2,847 crore, reflecting ongoing cost pressures and narrower margins. Profit after tax (before exceptional items and non-controlling interest) from continuing operations came in at ₹ 479 crore. Shares of Tata Chemicals were trading at ₹ 932.20 ahead of the earnings announcement. The stock remains about 25 percent below its 52-week high of ₹ 1,244.70, which it had touched in October 2024. Its 52-week low stands at ₹ 756.45, recorded in March 2025. Over the last one year, the stock has shed nearly 12 percent of investor wealth. On a month-on-month basis, it slipped 0.7 percent in July (as of mid-month), after rising 5.5 percent in June and 6 percent in May. April saw a marginal decline of 3 percent, but the stock had gained 11.2 percent in March. However, the early part of 2025 was challenging for the stock, as it plunged 21 percent in February and 6.3 percent in January. Despite the recovery in the second quarter of calendar 2025, the stock continues to trail its yearly peak, reflecting the market's cautious stance amid volatile performance and weak earnings visibility. Disclaimer: The views and recommendations expressed above are those of individual analysts or broking companies. Investors are advised to consult certified financial advisors before making any investment decisions.
Business Standard
27-05-2025
- Business
- Business Standard
Board Meeting Outcome for Outcome Of Board Meeting - Audited Standalone Financial Results For The Quarter & Financial Year Ended 31St March 2025 And Other Disclosures
The Board of Directors of the Company at their meeting held on 27th May 2025 inter alia have considered and approved the Audited Standalone Financial Results of the Company for the quarter and financial year ended 31st March 2025 together with the statement of assets and liabilities and other related disclosures. This communication shall also be considered as the Integrated Filing (Financial) for the above-mentioned period in accordance with the SEBI Circular dated 31st December Board has also approved to designate Shri K. Raj Shekhar General Manager (Finance) as Whole Time Chief Financial Officer and Key Managerial Person (KMP) of the Company till assumption of charge of Whole Time Director (Finance) by new incumbent.
Business Standard
22-05-2025
- Business
- Business Standard
Steelman Telecom Ltd
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 30.05.2025 Steelman Telecom Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2025 inter alia to consider and approve 1. Approve and take on record the Audited Standalone Financial Results of the Company for the Financial Year ended as on 31st March20252. Approve and take on record the Audited Consolidated Financial Results of the Company for the Financial Year ended as on 31st March2025.3. Approve the re-appointment of Internal Auditor of the Company for The Financial Year 2025-2026.4. Approve the re-appointment of Secretarial Auditor of the company for the Financial Year 2025-2026.
Mint
23-04-2025
- Business
- Mint
Penny stock below ₹5 edges higher ahead of Q4 results 2024
Penny stock: Kretto Syscon shares were in focus on Wednesday's session ahead of its Q4 results. Kretto Syscon is set to release its audited financial results for the fourth quarter of 2024-25 and the entire fiscal year on April 24. Recently, Kretto Syscon shares have increased by 40%, climbing from ₹ 1.45 per share to ₹ 2.13. 'meeting of the Board of Directors of the Company is scheduled to be held on 24th April,2025 to consider and approve Audited Standalone Financial Results for the year ended on March 31, 2025,' said the firm in its filing. On Tuesday, the stock reached a 52-week high of ₹ 2.15, trading at around 22 times the earnings per share of ₹ 0.09, indicating heightened investor confidence, according to reports. The company had a market capitalisation of over ₹ 116 crores. Kretto Syscon achieved a strong profit of ₹ 5.83 crore in the second quarter of the financial year 2024-25, followed by ₹ 1.83 crore in the third quarter, showcasing resilience amid market difficulties. Analysts anticipate that the performance in the fourth quarter will remain stable and believe that the stock will continue to draw investor interest within the small-cap segment. As Kretto Syscon maintains its emphasis on innovation, transparency, and long-term value generation, it is well-positioned for future growth in its primary sectors. As per trendlyne data, Kretto Syscon share price rose 240% and outperformed its sector by 237.93% in the past year. Kretto Syscon share price opened at an intraday low of ₹ 2, the stock touched an intraday high of 2.04 per share. Kretto Syscon Limited is a prominent firm in India focused on real estate development and technology solutions. The firm strives to provide superior projects that address the changing demands of its clients in different sectors.
