Latest news with #IFBIndustries
Business Upturn
3 days ago
- Automotive
- Business Upturn
Top market movers in morning trade: IFB Industries, Jai Corp, Aditya Vision lead gains
By Aman Shukla Published on August 18, 2025, 11:15 IST Indian stock markets were buzzing with action this morning as several mid and small-cap stocks surged sharply, attracting strong investor interest. As of 11:05 AM, the top market movers included IFB Industries, Jai Corp, Aditya Vision, Zaggle Prepaid Ocean, Endurance Tech, and Niva Bupa Health Insurance, all of which posted double-digit gains in early trade. IFB Industries led the rally, soaring 18.57% to trade at ₹1,521.00, backed by robust volumes of over 12.87 lakh shares. Jai Corp followed closely, climbing 16.67% to ₹124.01, with the counter witnessing heavy activity as nearly 2.97 crore shares exchanged hands. Consumer electronics retailer Aditya Vision also saw strong traction, advancing 12.37% to ₹477.50, supported by volumes of 13.41 lakh shares. Fintech player Zaggle Prepaid Ocean jumped 10.08% to ₹404.20, with volumes of 27.83 lakh shares, extending its upward momentum. Auto component manufacturer Endurance Tech gained 10.43%, hitting ₹2,873.50, on the back of buying interest in the auto sector, with 4.94 lakh shares traded. Among the most active counters, Niva Bupa Health Insurance surged 9.39% to ₹89.62, emerging as the most traded stock of the pack with a massive 6.67 crore shares changing hands. Ahmedabad Plane Crash Aditya VisionIFB IndustriesJai Corp Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
30-07-2025
- Business
- Business Standard
IFB Industries consolidated net profit declines 30.31% in the June 2025 quarter
Sales rise 5.45% to Rs 1338.31 crore Net profit of IFB Industries declined 30.31% to Rs 26.16 crore in the quarter ended June 2025 as against Rs 37.54 crore during the previous quarter ended June 2024. Sales rose 5.45% to Rs 1338.31 crore in the quarter ended June 2025 as against Rs 1269.16 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 1338.311269.16 5 OPM % 4.616.22 - PBDT 65.7881.25 -19 PBT 35.0451.38 -32 NP 26.1637.54 -30
Economic Times
20-06-2025
- Business
- Economic Times
IFB Industries gains 27% in three months amid strong earnings and strategic investments
Agencies Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel ET Intelligence Group: IFB Industries has gained 27% in three months, outpacing the ET Consumer Durable index, which rose 2%. The household appliances maker reported strong earnings for the March 2025 quarter. The company plans to invest ₹200-₹220 crore across appliances, AC and automotive chain businesses. Cost-cutting initiatives are underway to support margin improvement. Despite solid traction, analysts remain cautious on margin delivery, with rising competition posing a of top-load washers segment grew 22.3% on year to ₹116.7 crore in March quarter driven by new series launch. It was faster than industry growth of 15-16% gaining a market share of 1.5-2%.On the other hand, revenue of the front-load washers segment dropped by 1.3% to ₹223.4 crore amid slower demand for up to 10kg segment. The company plans to invest ₹100-₹130 crore to increase production of 12-13 kg washing the AC segment, the company sold 400,000 units, which was below the guidance of 490,000 issued at the beginning of the year. The company has refrained from giving AC sales volume guidance for FY26 but it expects robust sales volume of refrigerators segment rose two-fold to 290,000 units in FY25. It has given an ambitious sale target of 730,000 units for FY26. This works out to 60,000 units of sales a month, higher than the average monthly sales of under 25,000 units in FY25. While the company expects to cross 50,000 units of monthly sales in the coming quarters, it will be a tall task to meet the full-year revenue and net profit grew by 22.3% and 57.3% to ₹1,333.7 crore and ₹18.9 crore year-on-year in the March quarter respectively. The operating margin before depreciation and amortisation (PBDIT margin) improved by 20 basis points to 5.3%. The company has initiated a cost-reduction project to save ₹200 crore in expenses over 18 months. Of this, ₹60-₹80 crore is expected to reflect in the FY26 Securities has downgraded stock to 'add' from 'buy' with a 5% decline in target price to ₹1,702 stating it will be cautious as company has not been able to deliver on margin expectation in past. "Increased competition from Voltas Beko, Whirlpool and Bosch a risk to revenue growth ," the brokerage said.
Time of India
20-06-2025
- Business
- Time of India
IFB Industries gains 27% in three months amid strong earnings and strategic investments
ET Intelligence Group: IFB Industries has gained 27% in three months, outpacing the ET Consumer Durable index, which rose 2%. The household appliances maker reported strong earnings for the March 2025 quarter. The company plans to invest ₹200-₹220 crore across appliances, AC and automotive chain businesses. Cost-cutting initiatives are underway to support margin improvement. Despite solid traction, analysts remain cautious on margin delivery, with rising competition posing a risk. Revenue of top-load washers segment grew 22.3% on year to ₹116.7 crore in March quarter driven by new series launch. It was faster than industry growth of 15-16% gaining a market share of 1.5-2%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo On the other hand, revenue of the front-load washers segment dropped by 1.3% to ₹223.4 crore amid slower demand for up to 10kg segment. The company plans to invest ₹100-₹130 crore to increase production of 12-13 kg washing machines. Agencies In the AC segment, the company sold 400,000 units, which was below the guidance of 490,000 issued at the beginning of the year. The company has refrained from giving AC sales volume guidance for FY26 but it expects robust growth. The sales volume of refrigerators segment rose two-fold to 290,000 units in FY25. It has given an ambitious sale target of 730,000 units for FY26. This works out to 60,000 units of sales a month, higher than the average monthly sales of under 25,000 units in FY25. While the company expects to cross 50,000 units of monthly sales in the coming quarters, it will be a tall task to meet the full-year guidance. Live Events IFB's revenue and net profit grew by 22.3% and 57.3% to ₹1,333.7 crore and ₹18.9 crore year-on-year in the March quarter respectively. The operating margin before depreciation and amortisation (PBDIT margin) improved by 20 basis points to 5.3%. The company has initiated a cost-reduction project to save ₹200 crore in expenses over 18 months. Of this, ₹60-₹80 crore is expected to reflect in the FY26 financials. Yes Securities has downgraded stock to 'add' from 'buy' with a 5% decline in target price to ₹1,702 stating it will be cautious as company has not been able to deliver on margin expectation in past. "Increased competition from Voltas Beko, Whirlpool and Bosch a risk to revenue growth ," the brokerage said.
Business Standard
29-05-2025
- Business
- Business Standard
IFB Industries consolidated net profit rises 57.25% in the March 2025 quarter
Sales rise 22.34% to Rs 1333.70 crore Net profit of IFB Industries rose 57.25% to Rs 18.87 crore in the quarter ended March 2025 as against Rs 12.00 crore during the previous quarter ended March 2024. Sales rose 22.34% to Rs 1333.70 crore in the quarter ended March 2025 as against Rs 1090.20 crore during the previous quarter ended March 2024. For the full year,net profit rose 136.12% to Rs 118.91 crore in the year ended March 2025 as against Rs 50.36 crore during the previous year ended March 2024. Sales rose 14.73% to Rs 5091.71 crore in the year ended March 2025 as against Rs 4437.84 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1333.701090.20 22 5091.714437.84 15 OPM % 4.213.86 - 5.584.35 - PBDT 60.3846.77 29 295.32197.38 50 PBT 26.6714.77 81 163.4572.99 124 NP 18.8712.00 57 118.9150.36 136
