Latest news with #Miniratna
Mint
14 hours ago
- Business
- Mint
Miniratna PSU BEML changes board meeting date to consider final dividend for FY25
Miniratna public sector undertaking (PSU) BEML on Tuesday, June 3, announced that its board of directors will now meet this week, as against next week, earlier to consider the final dividend for the financial year 2024-25 (FY25). BEML in an exchange filing said, 'We wish to inform you that the Board meeting of M/s BEML Limited scheduled to be held on Tuesday, the 10th June, 2025, has been rescheduled to be held on Friday, the 06th June, 2025." Meanwhile, on May 30 last week, BEML had informed exchanges that a meeting is slated for Tuesday of its board members to consider a final dividend for FY25 on equity shares. If announced, it would be the third dividend for FY25. Earlier, the PSU stock had declared a dividend of ₹ 15, with the record date set as May 15. Prior to that, it had also announced a dividend of ₹ 5, whose record date was fixed as February 14. According to Trendlyne data, in the past 12 months, BEML has declared an equity dividend amounting to ₹ 35.50 per share. At the current share price, Miniratna PSU BEML has a low dividend yield of 0.82%. BEML, which produces machinery for earthmoving, railways, transport, and mining, serving industries like defence, construction, and transportation, reported a 12% year-on-year (YoY) rise in its consolidated net profit for the quarter ended March 2025 (Q4 FY25), with profit rising to ₹ 287.55 crore, up from ₹ 256.80 crore in the same quarter last year. The company's consolidated revenue from operations also saw a 9% YoY increase, reaching ₹ 1,652.53 crore, compared to ₹ 1,513.65 crore in Q4 FY24. On a sequential basis, revenue surged 89% from ₹ 857.77 crore in the December 2024 quarter. Notably, revenue spiked a staggering 1,059% from ₹ 24.41 crore in the year-ago quarter. BEML's order book stood at ₹ 14,610 crore as of March 31, 2025, slightly down from ₹ 15,139 crore at the start of the quarter. The company noted that it has an executable order book of ₹ 4,233 crore for the current financial year. Against the backdrop of strong earnings and a rally in defence counters amid the India-Pakistan conflict, BEML share price has seen a sharp 35% rally in the last one month. Even today, PSU stock BEML ended 2.2% higher at ₹ 4333.45 on the BSE, defying the weakness in the Indian stock market. Disclaimer: This story is for educational purposes only. 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.
Business Upturn
7 days ago
- Business
- Business Upturn
Hindustan Copper shares jump 3% as Q4 net profit rises 53% YoY to Rs 1.9 crore
By Aman Shukla Published on May 28, 2025, 09:25 IST Hindustan Copper Ltd (HCL) shares rose nearly 3% in morning trade following the release of its Q4 FY25 earnings, reflecting robust financial performance. As of 9:23 AM, the shares were trading 3.22% higher at Rs 252.97. The state-owned Miniratna company posted a 53.2% year-on-year (YoY) surge in net profit at ₹1.9 crore for the quarter ended March 31, 2025, compared to ₹1.2 crore in the same quarter last year. The company's revenue from operations saw a healthy growth of 29%, reaching ₹7.3 crore in Q4FY25, up from ₹5.6 crore in Q4FY24. This strong top-line performance reflects improved demand and operational efficiency. HCL's earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 19% YoY to ₹266.7 crore, up from ₹224 crore. However, the EBITDA margin slipped to 36.5% from 39.6%, a contraction of around 300 basis points, indicating a rise in input costs or other operational expenses. On an annual basis, Hindustan Copper reported a net profit of ₹4.6 crore for FY25, marking a significant 58% jump from ₹2.9 crore in FY24. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. 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
News18
10-05-2025
- Health
- News18
Over 1,000 Doctors Trained As India Set To Deploy Portable Hospitals Near Borders Amid Tensions With Pakistan
Last Updated: The world's first disaster hospital, fitted in 72 cubes that can be airlifted, is being packed and delivered to several locations across India Amid the escalating tensions between India and Pakistan, the central government has begun deploying made-in-India portable disaster hospitals across all border areas, News18 has learnt. The world's first disaster hospital, fitted in 72 cubes that can be airlifted, is being packed and delivered to several locations across India. Also, India has begun training doctors to use this cube-style hospital, known as the Aarogya Maitri Cube. Project BHISHM Built under the project BHISHM—Bharat Health Initiative for Sahyog Hita and Maitri—these cubes contain an operation theatre, mini-ICU, ventilator, blood test equipment, X-ray machine, cooking station, food, water, shelter, power generator, and many more facilities. 'In the last 20 days, we have dispatched around 30 to 40 Cubes from our warehouse to institutes of national importance across the border areas," former Air Vice Marshal Dr Tanmoy Roy, who headed the BHISHM task force in 2023, told News18. Roy, who is credited as the visionary behind the BHISHM cubes, which are designed for rapid deployment in disaster and conflict zones, said that the cubes are being deployed as per the plan designed and communicated by the union ministry of health and family welfare. The kits are being procured by HLL Lifecare, which is a Miniratna enterprise under the ministry of health and family welfare. Apart from Jammu & Kashmir, AIIMS Bilaspur (Himachal Pradesh), AIIMS Rishikesh (Uttarakhand), AIIMS Jodhpur (Rajasthan), and AIIMS Bathinda (Punjab) have also received the BHISM cubes, along with Jawaharlal Institute of Postgraduate Medical Education and Research (Pondicherry) and North Eastern Indira Gandhi Regional Institute of Health and Medical Sciences (NEIGRIHMS), Shillong, Meghalaya. In the next week, Delhi's Ram Manohar Lohia Hospital is also expected to receive the delivery. These cubes can be quickly moved to the location of the crisis, as and when required, along with doctors and paramedics. Over 1,000 doctors trained to handle war-related injuries In the last ten days, more than 1,000 doctors and paramedic staff have been trained on Aarogya Maitri Cube hospitals. The portable hospital has been designed to handle war-like health emergencies, which include bullet injuries, explosions, fractures, and bleeding. The hospital contains an anaesthesia kit, which contains advanced surgical equipment, with an operation theatre (OT) for casualties needing surgical intervention. The OT contains one foldable table for a surgical team of five people. It has a ventilator, anaesthesia, and several other important medical devices. 'The training is going on across India. In the last 10 days, we have trained more than 1,000 doctors and other healthcare staff," said Roy, who came back on Saturday morning from Jammu after training doctors in the tense region. 'We are training them on how they can use the portable hospital as normally as they use their usual premises. Also, doctors are trained for trauma, but not war. We are trying to make them familiar with war-like situations and triage." The BHISHM cube has everything that a doctor would need to handle a mass casualty. 'From handling bleeding, bullet injuries, explosive blasts, fractures, spine injuries, and lung or abdomen injuries to conducting surgeries—the cube has everything," said Roy. First Published: May 10, 2025, 22:48 IST
Mint
02-05-2025
- Business
- Mint
MOIL shares jump 11% after Q4 results 2025. Do you own?
MOIL share price jumped 11% after the state-run largest manganese ore producer announced its Q4 results. MOIL shares rallied as much as 11.77% to ₹ 354.95 apiece on the BSE. The 'Miniratna' public sector undertaking (PSU) under the Ministry of Steel, MOIL reported a consolidated net profit of ₹ 115.7 crore in the fourth quarter of FY25, registering a growth of 27% from ₹ 91.1 crore in the corresponding quarter last year. The company's revenue from operations in Q4FY25 increased 4.2% to ₹ 433.4 crore from ₹ 415.9 crore, year-on-year (YoY). At the operational level, EBITDA during the March quarter rose 8.7% YoY to ₹ 139.4 crore, while EBITDA margin expanded to 32.2% from 30.9% in the year-ago period. MOIL's board of directors also recommended a final dividend of ₹ 1.61 per equity share of face value ₹ 10 for FY25. MOIL share price has witnessed notable gains in the short to medium term, rising over 6% in the past month and rallying 14% over the last three months. On a year-to-date (YTD) basis, the stock is up 2%, although it remains down 20% over the past one year. However, from a long-term perspective, MOIL share price has delivered strong returns. The PSU stock has generated multibagger gains of 120% over the past two years and an impressive 170% over the last five years. After a sharp 51% decline in under 20 weeks, MOIL share price has been trading sideways for the past 28 weeks in a broad range of ₹ 360 – 280 with dried-up volumes, noted Anshul Jain, Head of Research at Lakshmishree Investments. 'Today's rally in MOIL shares is drawing significant interest, with volumes exceeding 400% of the 50-day average. The stock is approaching the neckline of the pattern at ₹ 360. A breach and sustain above this level will confirm a breakout, initially targeting the 50% retracement of the fall at ₹ 428,' Jain said. At 11:05 AM, MOIL shares were trading 9.49% higher at ₹ 347.70 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: 2 May 2025, 11:06 AM IST
