Havells India: Q4 tops Street expectations

Revenues and EBITDA both showed improvement on the back of a rebound in the ECD business

Moneycontrol 

Indus Towers may gain on strong Q4 results; CLSA puts 'buy' tag, Emkay retains 'Add'

Indus Tower expects the ongoing network expansion and 5G roll-outs, supplemented by the encouraging developments around a major customer's fund raise to provide a fillip to company's growth.

Moneycontrol 

Netweb Technologies Q4 profit jumps nearly 3-fold to Rs 29.6 crore

Netweb Technologies' income from AI Systems has grown by about 2.6 times on a year-over-year basis and is now over 11 percent of operating income.

Moneycontrol 

Ambuja Cements Q4 Results: Profit doubles to to Rs 1,526 crore on volume growth, cost optimization

Ambuja Cements’ consolidated net profit for the March quarter nearly doubled on year to Rs 1,526 crore aided by a robust volume growth and cost reduction.

Economic Times 

Orient Cement Q4 Results: Profit Rises To Rs 68 Crore, Revenue Up 1.36%

Orient Cement's total expenses were up marginally to Rs 785.52 crore in the March quarter.

Bloomberg Quint 

Adani Power Q4 Results: Revenue Rises 30.47%, Margin Expands

The city power distribution company's revenue rose to Rs 13,363.69 crore in Q4, as against Rs 10,242.06 crore over the same period last year.

Bloomberg Quint 

YES Bank share price can fall to Rs 20 as valuation remains expensive: ICICI Securities

YES Bank has strengthened its balance sheet though profitability remains burdened by an unproductive bulky rural infrastructure development fund. Its loan growth was healthy at 5% QoQ but deposits growth was strong at 10%

Economic Times 

VECV sales fall 18% to 5,377 units April

VE Commercial Vehicles (VECV) -- a joint venture of the Volvo Group and Eicher Motors -- sold 6,567 units in April 2023, Eicher Motors said in a regulatory filing.

Moneycontrol 

Adani Wilmar Q4 results: Net profit up 59% to Rs 156 crore, revenue down 3%

Revenue from operations, however, fell 3 percent to Rs 12,703.64 crore from Rs 13,121.89 crore in the same quarter last fiscal over a significant decline in the export business of oil meals.

Moneycontrol