Latest news with #ReligareEnterprises
&w=3840&q=100)
Business Standard
21-05-2025
- Business
- Business Standard
Religare Enterprises climbs 7% in trade; here's what is behind surge
Religare Enterprises share price jumped 6.6 per cent in trade on Wednesday, logging an intraday high at ₹234 per share on BSE. The northward movement in the stock came after the company posted Q4 results. At 12:45 PM, Religare Enterprises shares were up 4.28 per cent at ₹228.85 per share on the BSE. In comparison, the BSE Sensex was up 0.41 per cent at 81,523. The market capitalisation of the company stood at ₹7,567.01 crore. The 52-week high of the stock was at ₹319.9 per share and the 52-week low of the stock was at ₹201 per share. Catch Stock Market Latest Updates Today LIVE Religare Enterprises Q4 results 2025 The company announced its fourth quarter (Q4FY25) results on May 20, 2025, after market hours. The company's consolidated net profit after tax (PAT) stood at ₹151.3 crore as compared to ₹181 crore a year ago, down 17 per cent year-on-year (Y-o-Y). However, sequentially, the company swung from loss of ₹36.28 crore in Q3. Its revenue from operations increased 9.3 per cent Y-o-Y to ₹2,028.4 crore for Q4 against ₹1,855.68 crore a year ago. In Q3, the revenue stood at ₹1,664.4 crore. ALSO READ | Why did Ircon International share price rise 3% on Wednesday, May 21? Burman family takeover In February 2025, the Burman family acquired control of Delhi based financial services firm, Religare Enterprises and were designated as its promoters after almost 18 month of a takeover battle. "We are grateful to our regulators, shareholders and other stakeholders for their trust and confidence," the Burman family said in a statement. The Burman Group will work with REL's leadership and board to reinforce its strategic direction and enhance long-term value creation. The takeover battle for Religare began in September 2023 when the Burmans of Dabur group, having reached a 25 percent stake in the company, made an open offer to acquire an additional 26 percent. However, the senior management, led by chairperson Rashmi Saluja, opposed the offer, contending that the price of ₹235 per share undervalued the company. In a communication to the regulators, the then-board also raised questions about whether the Burmans meet the "fit and proper" criteria of the regulators. The Burman family said they are successfully operating insurance firms and an NBFC and hence meet all the criteria.
Business Standard
21-05-2025
- Business
- Business Standard
Religare Enterprises reports standalone net loss of Rs 17.74 crore in the March 2025 quarter
Sales decline 99.07% to Rs 0.03 crore Net Loss of Religare Enterprises reported to Rs 17.74 crore in the quarter ended March 2025 as against net loss of Rs 14.99 crore during the previous quarter ended March 2024. Sales declined 99.07% to Rs 0.03 crore in the quarter ended March 2025 as against Rs 3.23 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 37.54 crore in the year ended March 2025 as against net loss of Rs 65.35 crore during the previous year ended March 2024. Sales declined 46.86% to Rs 6.26 crore in the year ended March 2025 as against Rs 11.78 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 0.033.23 -99 6.2611.78 -47 OPM % -28333.33-327.55 - -892.01-459.00 - PBDT -3.96-13.48 71 -35.67-66.02 46 PBT -5.15-14.99 66 -41.11-71.87 43 NP -17.74-14.99 -18 -37.54-65.35 43
Business Standard
21-05-2025
- Business
- Business Standard
Religare Enterprises consolidated net profit declines 20.85% in the March 2025 quarter
Sales decline 5.43% to Rs 236.35 crore Net profit of Religare Enterprises declined 20.85% to Rs 99.06 crore in the quarter ended March 2025 as against Rs 125.15 crore during the previous quarter ended March 2024. Sales declined 5.43% to Rs 236.35 crore in the quarter ended March 2025 as against Rs 249.91 crore during the previous quarter ended March 2024. For the full year,net profit declined 46.25% to Rs 125.19 crore in the year ended March 2025 as against Rs 232.91 crore during the previous year ended March 2024. Sales rose 10.59% to Rs 974.49 crore in the year ended March 2025 as against Rs 881.19 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 236.35249.91 -5 974.49881.19 11 OPM % 98.349.18 - 30.7636.10 - PBDT 239.4623.28 929 305.30289.04 6 PBT 222.116.06 3565 243.30217.34 12 NP 99.06125.15 -21 125.19232.91 -46
Business Upturn
21-05-2025
- Business
- Business Upturn
Religare Enterprises shares jump over 2% on Q4 results
By Aman Shukla Published on May 21, 2025, 10:06 IST Religare Enterprises shares surged over 2% in early trading following the company's Q4 results for the fiscal year ending March 31, 2025. As of 10″04 AM, the shares were trading 1.89% higher at Rs 223.40. Despite reporting a 16.4% year-on-year (YoY) decline in net profit, Religare posted ₹151.3 crore for the quarter, down from ₹181 crore in the same period last year. The dip in profit did not dampen investor sentiment, supported by a healthy increase in revenue from operations. The company's revenue rose 9.3% to ₹2,028 crore compared to ₹1,855.7 crore in Q4 of the previous fiscal. This growth reflects Religare's ability to expand its business despite challenging market conditions. Religare Enterprises shares opened at ₹220.90, reaching a high of ₹224.90 and a low of ₹217.10 during the trading session. The stock has seen a 52-week high of ₹320.00 and a low of ₹201.60. 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
Mint
20-05-2025
- Business
- Mint
Q4 results today: NHPC, United Spirits, Religare, Zydus Lifesciences among 142 companies to declare earnings on May 20
Q4 results today: On Tuesday, May 20, 2025, at least 142 companies, including Religare Enterprises, NHPC and Zydus Lifesciences, are scheduled to announce financial results for the quarter ended on March 31, 2025, according to the BSE calendar. Companies such as 63 Moons Technologies, Apex Capital and Finance, Arvind SmartSpaces, Aster DM Healthcare, Automotive Axles, Azad India Mobility, Bajaj Global, Bampsl Securities, Bansal Wire Industries, Betala Global Securities, Bhagyanagar India, Black Rose Industries, BLB, Bombay Potteries & Tiles, Chemcrux Enterprises, Classic Electricals, Comfort Intech, Continental Petroleums, Coromandel Engineering Company, Cosmo First, Danube Industries, Dev Labtech Venture, Dhunseri Investments, Dixon Technologies (India), Dredging Corporation of India, Dhunseri Ventures, Dynavision, Easy Fincorp, Eco Hotels And Resorts, EIH, Electrotherm (India), Emami Paper Mills, Electronics Mart India, Epuja Spiritech, Facor Alloys, Fineotex Chemical, Filtra Consultants and Engineers, Fortis Healthcare, Gabriel India, Ganga Pharmaceuticals, Gland Pharma, Gokul Agro Resources, Godawari Power and Ispat, Gujarat State Fertilizers & Chemicals, GTT Data Solutions, Gujarat Hy-Spin, Gujarat Inject Kerala, Gujarat Themis Biosyn, Gulshan Polyols, Hawa Engineers, Hemo Organic, Hindalco Industries, Hindustan Appliances, Hindusthan National Glass & Industries, HT Media, Indong Tea Company, Indo Tech Transformers, Infra Industries, ISF, Jackson Investments, Jamshri Realty, Jasch Industries Ltd, Jayabharat Credit, Johnson Controls-Hitachi Air Conditioning India, Jenburkt Pharmaceuticals, Jasch Gauging Technologies, J. Kumar Infraprojects, JK Tyre & Industries, Kamadgiri Fashion, Kaycee Industries, Khadim India, Kirloskar Industries, Kkalpana Plastick, Krebs Biochemicals & Industries Ltd, Kuantum Papers, Likhami Consulting and Likhitha Infrastructure declaring financial earnings today. Some other companies expected to announce results on Tuesday are Laxmi Organic Industries, Manaksia Aluminium Company, Man Infraconstruction, Max Healthcare Institute, Mid India Industries, Mahaveer Infoway, Mirc Electronics, Netlink Solutions India, NHPC, Indo National, Oceanic Foods, OnMobile Global, Patel Integrated Logistics, Peoples Investments, Pearl Global Industries, Piccadily Agro Industries, Pacheli Industrial Finance, Poddar Pigments, Popular Estate Management, Prabhat Technologies (India), Music Broadcast, Raj Television Network, Rajasthan Cylinders & Containers, Religare Enterprises, Rishi Laser, RJ Shah & Company, RMC Switchgears, Roopshri Resorts, Rajnish Retail, Saianand Commercial, Sanghvi Movers, Sashwat Technocrats, Seasons Textiles, Sequent Scientific, Shikhar Leasing & Trading, Shoora Designs, Shreeshay Engineers, Standard Industries, Simplex Mills Company, Simplex Papers, Sinclairs Hotels, Siyaram Recycling Industries, Shree Krishna Infrastructure, Solar Industries India, SP Capital Financing, Starlineps Enterprises, Surana Telecom and Power, Suyog Telematics, Talbros Engineering Ltd, Themis Medicare, Torrent Pharmaceuticals, Transchem, Trescon, United Spirits, Valiant Laboratories, Vega Jewellers, VJTF Eduservices, Warren Tea, Welspun Investments and Commercials, Whirlpool of India, Yash Highvoltage, Yash Trading & Finance, Zim Laboratories, Welcast Steels and Zydus Lifesciences.
