News that may have an impact on prices of some stocks today, 28th July, 2025

Orient Cement’s consolidated net profit up by 454%

Orient Cement reported a 454% growth in its Q1 consolidated net profit at Rs 205 crore vs. Rs 37 crore in the year ago period. PBT for the quarter stood at Rs 144 crore vs. Rs 58 crore in Q1FY25. Revenue from operations stood at Rs 866 crore, up 24% from Rs 696 crore reported in the corresponding quarter of FY25. Operating margin increased to 21% from 14% across periods.

Tata Chemicals’ posts Rs 252 crore profit in June quarter

Revenue from operations at Rs 3,719 crore, down 2% as compared to Q1FY25, in light of cessation of Lostock operations. EBITDA stood at Rs 649 crore as compared to Rs 574 crore in Q1FY25. Profit After Tax stood at Rs 252 crore as compared to Rs 135 crore for Q1FY25. PBT for the quarter increased 34% YoY at Rs 360 crore. Net debt as on June 30, 2025, stood at Rs 4,972 crore.

Balkrishna Industries’ net profit down by 40%

Overall profitability was impacted by M2M loss of Rs. 154 crore vs. M2M gain, due to sharp increase in forex rates. Further higher depreciation also impacted profitability. Net profit declined 40% YoY at Rs 287 crore. Sales volume declined 3% YoY at 80,664 MT. Revenue from operations grew 2.5% YoY at Rs 2760 crore. EBITDA declined 8% YoY at Rs 655 crore.

Oil India partners with Assam Government for fertilizer plant

Oil India Ltd. has partnered with the Government of Assam to establish a fertilizer plant, creating Assam Valley Fertilizer and Chemical Co. Ltd. (AVFCCL). National Fertilizers Limited (NFL), Hindustan Urvarak & Rasayan Limited (HURL), and Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) also hold stakes in AVFCCL. Oil India possesses an 18% shareholding in the venture.

Oil ministry planning to bring dedicated pipeline under PNGRB’s purview

The oil ministry plans to amend the PNGRB Act, bringing oil companies’ dedicated pipelines under the regulatory board’s purview. This move aims to enhance monitoring, ensure safety compliance, and potentially convert these pipelines into common carriers. The goal is to foster fair competition and protect consumer interests by enabling third-party access and regulating transportation tariffs.

TCS to cut down its workforce by 2% in FY26

Tata Consultancy Services (TCS) will reduce its workforce by 2% or roughly over 12,000 employees in its 2026 financial year. The company is retraining and redeploying staff in a bid to become more agile and future ready amid rapid disruptions in technology, particularly around Artificial Intelligence (AI).

Aadhar Housing Finance’s profit up by 18.35%

NII of the company increased 21.6% YoY to Rs 428 crore. PAT rose 18.5% YoY to Rs 237 crore. The company’s AUM grew 22% to Rs 26,524 crore, reflecting healthy demand in the affordable housing segment. Asset quality deteriorated with GNPA/NNPA increasing 31/23 bps to 1.39%/0.94%.

Shriram Finance’s Profit up by 6.3%

Shriram Finance reported PAT of Rs 2159 crore, a growth of 6.3% YoY. NII grew 10.3% to Rs 5773 crore. On the asset quality front, the company reported marginal improvement. GNPA declined to 4.53% from 4.55% in the previous quarter, while net NPA improved to 2.57% from 2.64% quarter-on-quarter. Total AUM increased by 16.6% to Rs 2.72 lakh crore.

Kotak Mahindra Bank’s net profit down by 7%

Kotak Mahindra Bank reported a standalone net profit of Rs 3,282 crore during Q1 FY26, registering a 7% YoY decline, primarily attributable to a substantial increase in provisioning and contingencies, which rose 109 percent year-on-year to Rs 1,208 crore. NII rose by 6% to Rs 7259 crore. The bank’s asset quality showed a marginal deterioration, with GNPA rising to 1.48%. Net NPA stood stable at 0.34%. Net advances increased by 14% to Rs 4,44,823 crore.

SAIL’s consolidated net profit up by 808%

SAIL reported a 808% growth in its Q1 consolidated net profit at Rs 745 crore versus Rs 82 crore in the year ago period. SAIL’s revenue from operations stood at Rs 25,922 crore, up 8% from Rs 23,998 crore reported in the corresponding quarter of FY25. Its margin increased to 11% from 9% across periods. SAIL’s strong showing was attributed to improved operational efficiency, better cash flow and strong growth in sales volume in the domestic market, supported by government safeguard duties.

Bank of Baroda’s net profit up by 1.8%

The bank reported a 1.8% YoY rise in its standalone net profit for Q1FY26, at Rs 4,541 crore. NII fell 1.4% to Rs 11,435 crore. Global NIM for the quarter in review was 2.91%, and the domestic NIM was 3.06%. GNPA/NNPA increased marginally to 2.28%/0.60%.

CDSL’s net profit down by 23.6% in June quarter

CDSL reported a decline in its first quarter net profit by 23.6% to Rs 102.4 crore due to weak revenue and higher taxes. Other Income was at Rs 36.4 crore vs. Rs 30 crore. EBITDA declined 15.1% to Rs 131 crore despite 0.6% increase in topline to Rs 259 crore.

Va Tech Wabag gets new order of RS 380 crore

Company has secured a Rs 380 crore order from the Bangalore Water Supply and Sewerage Board (BWSSB) for the development of state-ofthe-art, energy-efficient water reuse facilities in Bengaluru. The project is funded by the World Bank and falls under the design, build, operate (DBO) model.

Premier Energies net profit up by 55.5%

Total revenue for the quarter grew 9.9% YoY at Rs 1821cr. Operating margin improved 850bps YoY at 30.1%. Net profit was up 55.5% YoY at Rs 307.8cr. Other Income surged 328% YoY at Rs 48.8cr. Company had pending order book of Rs 8603 crore as of Jun, 2025.

Zen Technologies’ net profit down by 38%

Revenue for the quarter declined 38% YoY at Rs 158.2 crore. EBITDA decreased 42% YoY at Rs 64.8 crore. Net profit was down 38% YoY at Rs 47.8 crore. Other Income stood at Rs 21.8 crore vs. Rs 3.1 crore. The value of the orders on hand for the group as of June, 2025, stood at Rs 754.5 crores.

Sobha posts Rs 13.6 crore net profit in June quarter

Sobha reported a sharp rise in Q1FY26 net profit at Rs 13.6 crore. Other Income stood at Rs 49.5 crore vs. Rs 29.5 crore, a year ago. Revenue grew 33% YoY to Rs 851.9 crore, driven by strong operational performance.

Lodha to launch Rs 17,000 crore worth residential projects by March next year

Lodha Developers remains bullish on growth potential in housing market as it plans to launch Rs 17,000 crore worth residential projects by March next to meet consumers demand.

SBI Cards’ net profit down by 6.4%

SBI Cards reported a net profit of Rs 556 crore for Q1FY26, down 6.4% YoY, while net interest income rose 13.8% to Rs 1,680 crore.

Asia Energy Services gets new order of Rs 865 crore

Asian Energy Services Limited has been awarded Integrated Service Contract from Vedanta Limited. The total contract value stands at ~Rs 865 crore, including GST and the order will be executed over a span of 57 months.

Menon Bearings’ net profit up by 36.4%

Total revenue grew 16.5% YoY at Rs 67.2cr. Operating profit increased 20.6% YoY at Rs 12.9cr. Net profit increased 36.4% YoY at Rs 8.4cr. Other Income was 128% YoY at Rs 1.6cr.

GMDC’s net profit down by 11%

Total revenue declined 10.4% YoY at Rs 732.6cr. Operating margin contracted 280bps YoY at 23.1%. Net profit was down 11% YoY at Rs 163.8cr. Other Income was up 30% YoY at Rs 77.7cr.

Acme Solar posts Rs 130.8 crore profit in June quarter

Overall numbers were strong in the quarter. Total revenue grew 65% YoY at Rs 511cr. Operating profit increased 69% YoY at Rs 458cr. Net profit stood at Rs 130.8cr vs. Rs 1.4cr in Q1FY25. Other Income was up 140% YoY at Rs 73cr.

Manorama Industries’ profit up by 273%

Total revenue for the quarter increased 117% YoY at Rs 289.5cr. Operating margin expanded 720bps YoY at 27.3%. Net profit surged 273% YoY at Rs 50.6cr. Other Income was up 25% YoY at Rs 5cr. EPS for the quarter stood at Rs 8.46 and it was at Rs 18.7 for FY25. At CMP, the stock trades at 54.5x FY26E EPS.

RPG Life Sciences’ net profit down by 2% in June quarter

Total revenue grew 2% YoY at Rs 169cr. Operating margin slipped 260bps YoY at 21%. Net profit declined 2% at Rs 26.3cr. Other Income was up 121% YoY at Rs 5.23cr. API sales declined 22% YoY at Rs 19.6cr. Domestic formulation revenue grew 9.5% YoY at Rs 115.5cr. International formulation sales dipped 3% YoY at Rs 32.5cr. Company has footprints across Regulated and Emerging Markets ‐ Canada, UK, Germany, France, Australia, South East Asia, Africa. EPS for the quarter stood at Rs 15.9 and adjusted EPS was at Rs 55 for FY25. At CMP, the stock trades at 33.5x FY27E EPS.

RITES gets LoI for Rs 177 crore project

RITES received a (LoA) letter of intent from Bharat Electronics worth Rs 177 crore.

Cipla’s net profit up by 10.2%

Overall numbers were in-line with expectations for the quarter. Total revenue increased 3.9% YoY at Rs 6957.5cr as against estimate of Rs 6995cr. EBITDA margin remained flat YoY at 25.6% as against expectation of 25%. Net profit increased 10.2% YoY at Rs 1298cr. Other Income was up 61.4% YoY at Rs 258.6cr. R&D expenses were at Rs 432cr or 6.2% of sales in the quarter. Domestic formulation sales grew 6% at Rs 3070cr for the quarter. US business declined 7% YoY at Rs 1933cr. Emerging Markets & Europe sales increased 11% YoY at Rs 861cr. South Africa and Global Access (SAGA) sales increased 14% YoY at Rs 871cr. Company had net cash & equivalents of Rs 10,380cr as of June2025. EPS for the quarter stood at Rs 16.06 and it was at Rs 65.2 for FY25. At CMP, the stock trades at 23x FY27E EPS.

Laurus Lab’s net profit in June quarter at Rs 163 crore

Overall numbers were better than expectations in the quarter. Total revenue grew 31.4% YoY at Rs 1569.6cr as against estimate of Rs 1513cr. Operating margin expanded 1000bps YoY at 24.3% as compared to expectation of 21.8%. Net profit stood at Rs 163cr vs. Rs 12.5cr in Q1FY25. R&D expenses for the quarter stood at Rs 68cr or 4.3% of sales. Other Income was up 318% YoY at Rs 10.4cr. API sales declined 4% YoY at Rs 637cr. Formulation business reported 50% YoY increase at Rs 411cr. CDMO synthesis revenue surged 103% YoY at Rs 522cr. EPS for the quarter stood at Rs 3.02 and it was at at Rs 6.64 for FY25. At CMP, the stock trades at 51.5x FY27E EPS.

Rainbow Children’s net profit up by 35.4%

Total revenue grew 6.9% YoY at Rs 353cr as against estimate of Rs 361cr. Operating margin improved 100bps YoY at 29.4% as compared to expectation of 28.8%. Net profit increased 35.4% YoY at Rs 53.5cr. Other Income was up 68% YoY at Rs 20cr. EPS for the quarter stood at Rs 5.27. At CMP, the stock trades at 44x FY27E EPS and 25.5x EV/EBITDA.

L&T Technology Services gets $60 million US contract

L&T Technology Services Ltd announced a major milestone in its Tech segment with the signing of a ~$60 million multi-year agreement with a prominent U.S. based provider of wireless telecommunications services. This strategic engagement will see LTTS delivering advanced network software development and application engineering solutions.

Captain Polyplast empaneled as vendor for PM-KUSUM scheme

Captain Polyplast has received a Letter of Acceptance (LoA) from Dakshin Gujarat Vij Company Limited for its empanelment as a vendor under Component-B of the PM-KUSUM scheme in Gujarat. The empanelment authorizes the company to supply off-grid standalone solar photovoltaic water pumping systems, reinforcing its position in the renewable energy-driven agricultural solutions segment. Component-B of the PM-KUSUM scheme focuses on deploying standalone solar pumps to reduce the dependence of farmers on grid power and diesel.

Schaeffler India’s net profit up by 17%

Revenue grew 11.7% to Rs 2,353 crore. EBITDA was up 14.3% to Rs 430 crore. Operating margin stood at 18.3% versus 17.9%. Net Profit increased 17% to Rs 287 crore.

Brigade Enterprises launches new residential project

Company launched Brigade Avalon in Whitefield Main Road, Bangalore, a residential project. The project is spread across 4.36 acres with a development area of approximately 6.4 lakh square feet. Brigade Avalon comprises 206 thoughtfully crafted homes. The projected revenue potential is over Rs 1000 crore.

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Source: HDFC Securities Prime Research