News that may have an impact on prices of some stocks today, 23rd July, 2025

Dalmia Bharat’s June quarter profit up by 172%

Dalmia Bharat reported a 172% YoY surge in its Q1FY26 consolidated net profit at Rs 395 crore as compared to Rs 145 crore posted in the year-ago period. Revenue showed no increase at Rs.3,636 crore and margin improved to 24% compared to 18% last year. The profit has exceeded estimates, helped by an improvement in net sales realisations, which offset the impact of lower sales volumes. EBITDA/Tonne increased by 40% YoY to Rs 1,261/Tonne. Company commissioned 26 MW of Renewable Capacity under the Group Captive agreements, increasing total operational RE capacity to 294 MW.

One97 Communications posts first ever profit of Rs 122.5 crore in June quarter

Paytm’s parent company posted its first-ever net profit of Rs 122.5 crore in Q1 FY26, marking a sharp turnaround from a Rs 839 crore loss in the same quarter last year. The profit was supported by a rise in other income, which climbed to Rs 241 crore from Rs 138 crore. Revenue for the quarter grew 27.7% YoY to Rs 1,917.5 crore.

Credit Access Grameen’s net profit down by 85%

Credit Access Grameen reported an 85% YoY decline in net profit at Rs 60 crore for Q1FY26. NII dipped 2.3% to Rs 906 crore. GNPA/NNPA predominantly measured at 60+ days past due (dpd), were at 4.70% and 1.78%, respectively, with PAR 90+ at 3.29%. AUM remained steady sequentially at Rs 26,055 crore. NIM stood at 12.8% vs 12.7% in Q4FY25. RoA came in at 0.9% in Q1FY26 as against 5.4% in Q1FY25.

Kirloskar Pneumatics’ net profit down by 1.1%

Standalone revenue stood at Rs 272 crore declining by 1.1% YoY. EBITDA was down by 8.6% YoY to Rs 35.8 crore and EBITDA margin stood at 13.2% in Q1FY26 vs. 14.2% in Q1FY25. Net profit stood at Rs 28.1 crore in Q1FY26 vs. Rs 26.9 crore in Q1FY25 (+4.4% YoY). Order book stood around Rs. 1,725 crore as on 1 st July 25, (Rs. 1,624 crore as on 1st April 2025). Compression business continues to be around 89% of the Company’s revenue.

Goodluck India’s net profit up by 16.5%

Consolidated revenue stood at Rs 983 crore growing by 7.7% YoY. EBITDA was up by 23.4% YoY to Rs 95.7 crore and EBITDA margin stood at 9.73% in Q1FY26 vs. 8.5% in Q1FY25. Net profit stood at Rs. 40.1 crore in Q1FY26 vs. Rs 34.4 crore in Q1FY25 (+16.5% YoY).

Supreme Court upholds decision to cancel penalty on Vodafone Idea

The Supreme Court supported the Gujarat High Court’s decision. It cancelled a Rs 7.64 crore penalty on Vodafone Idea Telecom. The penalty was imposed by Gujarat’s stamp department. The High Court found the penalty disproportionate. The case originated from a merger scheme. Vodafone Idea transferred its fiber infrastructure to Vodafone Idea Telecom. The stamp duty assessment led to the penalty.

Zensar’s revenue up by 7.5%

Company reported inline revenue with estimates, and net profit was above expectations in Q1FY26. Considering the macro uncertainties, the company is cautiously optimistic about its performance for the rest of the year. consolidated revenue grew by 1.9% QoQ and 7.5% YoY to Rs 1385 crore. In Q1FY26, the company reported revenue of $162 mn, YoY growth of 4.9% in reported currency and 3.8% in constant currency, QoQ growth of 3.3% in reported currency and 1.9% in constant currency. EBIT was down by 0.6% QoQ, and rose 9.3% YoY to Rs 188 crore in Q1FY26. EBIT margin inched down 40bps QoQ to 13.5% in Q1FY26 vs. 13.3% in Q1FY25. Net profit was at Rs 182 crore in Q1FY26. It was Rs 176 crore in Q4FY25 and Rs 158 crore in Q1FY25.

Kajaria Ceramics’ net profit up by 21%

Kajaria Ceramics Ltd reported a 21% year-on-year rise in first quarter net profit of the financial year 2025-26, aided by improved margins and cost optimisation, even as revenue remained largely flat amid soft market demand. The company’s net profit rose to Rs 109 crore in Q1FY26, compared to Rs 90 crore a year earlier. Revenue was largely flat Rs 1,103 crore, compared Rs 1,096 crore in the same period last year.

Exide Industries invests another Rs 100 crore in subsidiary

The company has further invested Rs 100 crore in its wholly owned subsidiary EESL on rights basis. With this investment, the total investment made by the Company in EESL stands to Rs. 3,702.23 crore.

Mahanagar Gas’ net profit up by 10.1%

MGL’s numbers were above expectations in Q1FY26, led by better realisation. However, profitability was impacted due to the higher costs of natural gas on account of lower APM gas allocation. Net revenue grew by 25% YoY to Rs 2,083 crore. EBITDA rose 14.5% YoY, stood at Rs 501 crore in Q1FY26. EBITDA margin stood at 24% in Q1FY26 vs. 26.3% in Q1FY25, margin impacted due to higher costs of natural gas. Net Profit rose 10.1% YoY to Rs 318 crore in Q1FY26. PAT margin stood at 15.3% in Q1FY26 vs. 17.3% in Q1FY25. Revenue/EBITDA and PAT grew +6%/+26.8% and +28.7% QoQ, respectively.

Godavari Biorefineries gets Chinese patent for anti-cancer molecule

Godavari Biorefineries Limited secures a Chinese patent for its novel anti-cancer molecule Hydroxy-1,4-NAPHTHALENEDIONE, through its biotech division Sathgen Therapeutics. This breakthrough demonstrates significant efficacy against various cancer types and reinforces the company’s commitment to innovative therapies in life sciences.

Ideaforge posts net loss of Rs 12.8 crore in June quarter

Revenue declined 85% YoY at Rs 12.8 crore. EBITDA loss stood at Rs 19 crore vs. operating profit of Rs 2.5 crore in Q1FY25. Net loss stood at Rs 23.5 crore in Q1FY26. Order book stood at Rs 144.8 crore as of Jun-2025.

KEI Industries’ net profit in June quarter up by 30.4%

KEI Industries in Q1 FY26, posted a 30.4% YoY rise in net profit to Rs 195.7 crore. Other Income stood at Rs 39.6 crore vs. Rs 13.3 crore in Q1FY25. Revenue for the quarter surged 25.4% to Rs 2,590 crore.

Hyundai Motor receives GST demand notice of Rs 517.34 crore

Hyundai Motor India Ltd (HMIL) has received a tax demand and penalty order totalling Rs 517.34 crore from the Commissioner (Appeals), Central GST Department, Tamil Nadu. The order pertains to alleged short payment of GST compensation cess on SUV models sold between September 2017 and March 2020.

M&M Financial’s NII up by 12.8%

M&M Financial reported 12.8% YoY increase in NII to Rs 2012 crore. Net profit for the period increased by 3.2% from the same quarter last year to Rs 530 crore, but declined 6% from the March quarter. Elevated provisions led to profitability for the company being impacted. AUM increased by 14.5% year-on-year to Rs 1.21 lakh crore. GNPA 3.85% v/s 3.69% in Q4FY25, NNPA 1.91% v/s 1.84% in Q4FY25.

Existing investor may sell 1% stake in Macrotech through block deal

An existing investor in Macrotech Developers Ltd is likely to offload around 1% equity in the company through a block deal. The total size of the proposed transaction is estimated at US$ 165 million. The floor price for the deal has been set at Rs 1,384.6 per share, representing a 4% discount to Lodha Developers’ closing price (July 22).

Delhivery sets 1 lakh square feet hub in Lucknow

Delhivery launches a state of the art Lucknow hub spanning 1 lakh sq ft. which enhances storage capacity by 40% and incorporates automated sortation systems. This facility is set to create thousands of jobs and empower local businesses by improving order fulfilment capabilities nationwide.

Bluejet Healthcare’s net profit up by 141%

Company reported strong numbers in the quarter led by significant jump in Pharma Intermediates business. Revenue for the quarter increased 117.7% YoY at Rs 354.8 crore as against expectation of Rs 318 crore. EBITDA margin expanded 670bps YoY at 34.1% as against estimate of 36.5%. Operating margin contracted 700bps on QoQ. Net profit was up 141% YoY at Rs 91.2 crore. Other Income declined 5% YoY at Rs 8.3 crore. Pharma Intermediates revenue surged 252% YoY at Rs 212 crore. Contrast Media business reported 51% YoY growth at Rs 97 crore. Management is confident of maintaining strong growth trajectory in FY26. EPS for the quarter stood at Rs 5.26 and it was at Rs 17.6 for FY25. At CMP, the stock trades at 33.5x FY27E EPS.

United Breweries’ net profit up by 6.4%

The company reported a 6.4% YoY rise in Q1 FY26 net profit to Rs 184 crore. Revenue from operations grew 15.8% to Rs 2,863 crore, beating the expectations of Rs 2,750 crore.

Dixon Technologies’ net profit up by 69%

Dixon Tech reported a strong Q1 FY26, with revenue rising 95% YoY to Rs 12,835 crore. This marks the first sub-100% topline growth in five quarters, driven by volume-led gains in mobile and increased contributions from telecom and IT hardware. EBITDA grew 97% YoY to Rs 482.4 crore, matching expectations, while net profit surged 69% to Rs 225 crore.

IRFC’s June quarter profit up by 11%

IRFC posted an 11% YoY rise in Q1 FY26 net profit to Rs 1,746 crore, driven by higher income and improved interest margins. Total income for the April–June quarter increased to Rs 6,918 crore from Rs 6,766 crore last year.

Nisus Finance to invest Rs 115 crore in Kumar Vibe Properties

Nisus Finance Services Co Limited announced an investment of Rs 115 crore through its Real Estate Special Opportunities Fund-I (RESO-I) in Kumar Vibe Properties Pvt Ltd (KVPPL). KVPPL is a 50:50 joint venture between Kumar Properties and Infrastructure led by Mr. Hitesh Jain and Vibe Realty led by Mr. Gopal Sarda. The collective topline for the three projects is over Rs 1100 crore, with a focus on established and emerging urban zones. The Mumbai projects together have a development potential of ~1.6 lakh square feet of carpet area, and a revenue potential of ~Rs 400 crore. The NIBM (Pune) project is spread across 8 acres, and offers ~ 7.5 lakh square feet of carpet area, featuring over 750 residential units and an expected sales value exceeding ~Rs 700 crore.

Denta Water’s outstanding order book at Rs 745.5 crore

As of July 22, 2025, the company has a total of 21 ongoing projects, which is inclusive of 7 newly secured projects with a cumulative value of Rs 183 crore. With the addition of these new projects, outstanding order book now stands at Rs 745.5 crore.

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Source: HDFC Securities Prime Research