Latest news with #S.N.Subrahmanyan
News18
8 hours ago
- Business
- News18
Stocks To Watch: Hindustan Zinc, Delhivery, Vedanta, PNB, Ola Electric, And Others
Last Updated: Stocks to watch: Shares of firms like Hindustan Zinc, Delhivery, Vedanta, PNB, Ola Electric, and others will be in focus on Wednesday's trade Stocks to Watch on June 18, 2025: Markets continued their consolidation phase, ending nearly 0.5% lower in the previous session. On Wednesday, shares of Polycab India, Hindustan Zinc, Delhivery, M&M, Vishal Mega Mart, and others will be in focus due to significant corporate announcements and deals. Polycab India has bagged a massive Rs 6,447.54 crore contract from BSNL under the BharatNet initiative. As the implementing agency for Karnataka, Goa, and Puducherry, the company will handle the design, construction, and maintenance of the region's digital infrastructure. Hindustan Zinc Vedanta Group's Hindustan Zinc will invest Rs 12,000 crore over three years to boost its refined metal capacity by 250 KTPA. This is part of its broader goal to nearly double capacity in five years, alongside scaling up mining and milling operations. Delhivery The Competition Commission of India (CCI) has cleared Delhivery's acquisition of a controlling stake in Ecom Express for Rs 1,407 crore—signaling a key consolidation in India's logistics space. Vishal Mega Mart Promoter Samayat Services LLP sold a 19.6% stake in Vishal Mega Mart for Rs 10,220 crore. Leading mutual funds including SBI, Kotak Mahindra, and HDFC were among the buyers. At its 80th AGM, L&T Chairman S. N. Subrahmanyan shared updates on the company's progress in clean energy, including green hydrogen electrolysers and access to US-approved small modular reactor (SMR) tech—positioning L&T at the forefront of India's nuclear energy transition. Mahindra & Mahindra (M&M) M&M received CCI approval to acquire a 58.96% stake in commercial vehicle manufacturer SML Isuzu for Rs 1,554.60 per share. The transaction includes 43.96% from Sumitomo, 15% from Isuzu Motors, followed by an open offer for an additional 26%. UGRO Capital UGRO Capital will acquire 100% of Profectus Capital for Rs 1,400 crore in an all-cash deal, funded via recent capital raises and internal accruals. The transaction is expected to close in 2–3 months. Ola Electric Mobility In a driver-friendly move, Ola Electric has scrapped commission fees across all services—autos, bikes, and cabs—allowing drivers to retain 100% of their earnings. Tata Power Tata Power Renewable Energy has rolled out its 'Ghar Ghar Solar" campaign in Bhubaneswar, offering rooftop solar systems starting at just Rs 2,499 for 1 kW—boosting access to clean energy across Odisha. GMR Airports GMR Airports reported handling over 1 crore passengers in May 2025. While domestic traffic remained steady, international traffic grew 2.9% YoY. Aircraft movements rose 6.3% to nearly 65,000. RailTel RailTel received a Letter of Intent from ZENICS for the Rs 43.99 crore Mizo Fibre Grid Network (MFGN) project, aiming to boost digital connectivity in Northeast India. First Published: News business » markets Stocks To Watch: Hindustan Zinc, Delhivery, Vedanta, PNB, Ola Electric, And Others
Time of India
09-05-2025
- Business
- Time of India
L&T shares in focus after Q4 profit jumps 25% YoY to Rs 5,497 crore; order inflows hit record high
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Larsen & Toubro (L&T) shares will be in focus on Friday after the company reported a 25% year-on-year (YoY) rise in consolidated net profit to Rs 5,497 crore for Q4FY25, compared to Rs 4,396 crore in the same quarter last from operations for the March-ended quarter rose 11% to Rs 74,392 crore, up from Rs 67,079 crore in the corresponding period last board recommended a final dividend of Rs 34 per equity share for the financial year ended March 31, 2025. The record date for the dividend has been set as June 3, the full financial year, profit after tax (PAT) grew 15% to Rs 15,037 crore, compared to Rs 13,059 crore in FY24. Total revenue also rose 16% to Rs 2,55,734 crore from Rs 2,21,113 crore a year before interest, taxes, depreciation, and amortisation (EBITDA) for Q4FY25 increased 13% to Rs 8,203 crore. EBITDA margin improved by 20 basis points to 11%, up from 10.8% in the same period last year.L&T secured orders worth Rs 3,56,631 crore at the group level during the year ended March 31, 2025, registering an 18% YoY increase. Orders came from various geographies and segments such as renewables, transmission & distribution, airports, commercial and residential buildings, and metros, according to the company's orders stood at Rs 2,07,478 crore during the year, accounting for 58% of the total order the March quarter alone, L&T won orders worth Rs 89,613 crore, marking a 24% YoY rise. Of this, international orders made up Rs 62,739 crore, or 70% of the on the results, Chairman and Managing Director S.N. Subrahmanyan said the year concluded on a high note for L&T, marking another period of 'outstanding performance.' He added, 'The company achieved its highest-ever annual order inflows. Similarly, the strong revenue growth underpins our journey towards achieving operational excellence through innovation and digitalisation.'
Mint
08-05-2025
- Business
- Mint
Larsen & Toubro Q4 results 2025: Profit jumps 25% YoY; declares dividend of ₹34 per share
Larsen & Toubro Q4 results 2025: Engineering, construction, and infrastructure company Larsen & Toubro (L&T) on Thursday, May 8, reported a 25 per cent year-on-year (YoY) jump in its Q4FY25 consolidated profit after tax (PAT) to ₹ 5,497 crore. In the same quarter of the previous financial year, the company's profit was ₹ 4,396 crore. Revenue from operations for the quarter under review jumped 11 per cent YoY to ₹ 74,392 crore from ₹ 67,079 crore in Q4FY24. EBITDA rose 13 per cent YoY to ₹ 8,203 crore in Q4FY25 from ₹ 7,234 crore in Q4FY24. EBITDA margin increased to 11 per cent from 10.8 per cent YoY. For the full financial year, the conglomerate's profit jumped 15 per cent YoY to ₹ 15,037 crore, while revenue from operations increased 16 per cent YoY to ₹ 2,55,734 crore. The company said, FY25 PAT includes an exceptional gain (net of tax) of ₹ 475 crore, attributable to the partial reversal of an earlier impairment provision for funded resources in the erstwhile L&T Special Steels and Heavy Forgings Private Limited (LTSSHF) joint venture. EBITDA for FY25 increased 13 per cent YoY to ₹ 26,435 crore, while EBITDA margin for the year stood at 10.3 per cent in FY25 compared to 10.6 per cent in FY24. 'The year concluded on a high note, marking yet another period of outstanding performance. We achieved the highest ever yearly order inflows in the company's history, which buoys our order book to a record level. Similarly, the strong revenue growth underpins our journey towards achieving operational excellence through innovation and digitalisation," said S.N. Subrahmanyan, Chairman and Managing Director of L&T. The order inflow for the quarter ended March 31, 2025 stood at ₹ 89,613 crore, up 24 per cent YoY. International orders at ₹ 62,739 crore during the quarter constituted 70 per cent of the total. Larsen & Toubro won orders of ₹ 3,56,631 crore at the group level during the year ended March 31, 2025, with an 18 per cent YoY growth. With this, the consolidated order book of the group as on March 31, 2025, stood at ₹ 5,79,137 crore, growing by 22 per cent YoY, with the share of international orders at 46 per cent. "During the year, orders were bagged across multiple geographies and various segments like renewable, transmission and distribution, airports, commercial and residential buildings, metros, hydel and tunnel, minerals and metals, thermal BTG, precision engineering and offshore and onshore vertical of hydrocarbon business. International orders at ₹ 207,478 crore during the year comprised 58 per cent of the total order inflow,' said the company. The company flagged risks associated with global uncertainties, volatility in crude oil prices and geopolitical tensions and military escalation. "With the recent US-led tariff announcements, the risk of global cross-border trade and investment flows slowing down is imminent and consequently impacting costs and lower productivity. Volatility in crude oil prices and dislocated supply chains will pose further challenges. The economic growth outlook remains uncertain and ambiguous, with key risks stemming from heightened policy uncertainty amidst geopolitical tensions and military escalation," said the company. Amid the prevailing risks, the company said it will focus on the timely execution of its large order book, preservation of liquidity and optimum use of capital and other resources while remaining cautiously optimistic on the emerging new opportunities. "The company will pursue its stated objective of enhancing returns to its shareholders on a sustained basis," L&T said. L&T announced a final dividend of ₹ 34 for the financial year 2024-25. "I am pleased to announce that the board of directors has recommended a final dividend of ₹ 34 per equity share for the financial year 2024-25," said Subrahmanyan.
