News that may have an impact on prices of some stocks today, 31st July, 2025

HEG’s net profit up by 354% in June quarter

Operational numbers were strong for the quarter. Total revenue grew 8% YoY at Rs 617cr. Operating profit increased 171% YoY at Rs 105.3cr. Operating margin increased to 17.1% from 6.8% in Q1FY25. Net profit was up 354% YoY at Rs 104.8cr. Other Income surged 228% YoY at Rs 67cr. EPS for the quarter stood at Rs 5.43 and it was at Rs 6 for FY25.

Navin Fluorine’s net profit up by 129% in June quarter

Operational performance was better than expectations for the quarter. Total revenue grew 38.5% YoY at Rs 725.4cr as against estimate of Rs 733cr. EBITDA margin was up 930bps YoY and 300 bps QoQ at 28.5% as against expectation of 26.3%. Net profit increased 129% YoY at Rs 117.2cr. Finance cost increased 93% YoY at Rs 30.4cr. CDMO business reported 23% growth at Rs 99cr. Specialty Chemicals revenue increased 35% YoY at Rs 219cr. HPP segment revenue grew 45% YoY at Rs 407cr. EPS for the quarter stood at Rs 23.6 and it was at Rs 58.2 for FY25. At CMP, the stock trades at 38.5x FY27E EPS.

Kaynes Tech’s net profit up by 47% in June quarter

Overall numbers were strong for the quarter. Total revenue grew 34% YoY at Rs 674cr. Operating profit increased 69% YoY at Rs 113cr. Operating margin stood at 16.8% from 13.3% in Q1FY25. Net profit was up 47% YoY at Rs 74.6cr. EPS for the quarter stood at Rs 11.14.

Sonata Software’s net profit up by 3.5% in June quarter

Sonata Software revenue was inline and net profit was below expectations in Q1FY26. The company remain optimistic about the long-term vision and growth prospects. Consolidated revenue stood at Rs 2,965 crore and grew by 13.3% QoQ and grew by 17.3% YoY in Rupee terms. EBIT was down by 10.7% QoQ and 6.5% YoY to Rs 134 crore and EBIT margin stood at 4.5% in Q1FY26 vs. 5.7% in Q4FY25 and 5.7% in Q1FY25. Net profit was up by 1.7% QoQ and 3.5% YoY at Rs 109 crore in Q1FY26.

Indraprastha Gas net profit down by 11.3% in June quarter

IGL revenue was inline with estimates and net profit was below expectations in Q1FY26. However, profitability was impacted due to the higher costs of natural gas resulting from the lower APM gas allocation. Consolidated net revenue was up by 11.3% YoY to Rs 3,914 crore in Q1FY26 and EBITDA was down by 11.5% YoY to Rs 512 crore in Q1FY26, and EBITDA margin slipped to 13.1% in Q1FY26 vs. 16.4% in Q1FY25. Net Profit was also down by 11.3% YoY to Rs 356 crore in Q1FY26 amid lower APM gas allocation.

Infosys won’t change its hiring plans

Infosys won’t change its hiring plans for the current financial year and will continue to make strategic investments into its workforce to make them future-ready for artificial intelligence-led changes. Infosys has recruited around 17,000 new employees in the first quarter and it is on track to add 20,000 freshers this year.

Reliance Retail introduces Ayurvedic beauty brand

Reliance Retail’s Tira introduces Puraveda, an Ayurvedic beauty brand blending ancient wisdom with modern science. The brand’s initial collection features over 50 products across skincare, haircare, and body care, incorporating ingredient-led ranges like Dhara, Niyama, Sama, and Urja. Puraveda aims to offer cruelty-free, highperformance products, accessible through Tira stores and online, delivering holistic beauty experiences.

HCLTech gets new client in Pearson

Pearson the world’s lifelong learning company, and HCL Tech, announced a multi-year strategic partnership to accelerate the transformation of learning, skills and workforce readiness in an AIdriven world. The partnership combines Pearson’s global expertise and scale in learning and assessment with HCLTech’s strengths in digital transformation, product engineering, and AI.

CESC Ltd’s net profit down by 2.35%

Company reported growth in Operational revenue by 7% YoY and 34.2% QoQ in Q1FY26. EBITDA margin came in at 16.6% vs 20.9% in the preceding Quarter, while PAT grew by 4.9% QoQ and declined by -2.35% YoY. Margins were reportedly lower due to higher ‘cost of energy purchased’ by the company.

PSP Projects’ net profit declines to Rs 0.18 crore

Standalone revenue stood at Rs 512.76 crore declining by 16.2% YoY. EBITDA declined by 67.4% YoY to Rs 23.9 crore and EBITDA margin stood at 4.6% in Q1FY26 vs. 12% in Q1FY25. Net profit stood at Rs 0.18 crore in Q1FY26 vs. Rs 34.3 crore in Q1FY25 (-99% YoY).

ITD Cementation’s profit up by 36.9%

Consolidated revenue stood at Rs 2542.4 crore growing by 6.7% YoY from Rs. 2381.5 crore for Q1FY25. EBITDA was up by 5.1% YoY to Rs 232.8 crore and EBITDA margin stood at 9.1% in Q1FY26 vs. 9.3% in Q1FY25. Net profit stood at Rs 137.21 crore in Q1FY26 vs. Rs 100.2 crore in Q1FY25 (+36.9% YoY).

Maharashtra Seamless’ profit up by 78.2%

Net profit surged 78.2% to Rs 230.3 crore in the quarter ended June 2025. Other Income was at Rs 159.8 crore vs. Rs 64.8 crore, a year ago. Total Sales declined 0.5% to Rs 1145.3 crore in the quarter.

ION Exchange’s profit up by 8.3%, year-on-year

Revenue stands at Rs 583.19 crore, a growth of 2.7% YoY. Net Profit stands at Rs 48.70 crore, reflecting a (QoQ) decrease of 23.13% while YoY growth of 8.3%. Other Income was at Rs 17.74 crore vs. Rs 11.1 crore.

MOIL’s profit in June quarter down by 66%

MOIL reported a 66% fall in its Q1 consolidated net profit at Rs 52 crore vs. Rs. 152 crore in the year ago period. Revenue from operations stood at Rs 348 crore, down 29% from Rs 493 crore reported in the corresponding quarter of FY25. Operating margin slipped to 23% from 43% in Q1FY25.

Birla Corporation’s profit in June quarter up by 264%

Birla Corporation reported a 264% growth in its Q1 consolidated net profit at Rs 120 crore vs. Rs 33 crore in the year ago period. Revenue from operations stood at Rs 2454 crore, up 12% from Rs 2190 crore reported in the corresponding quarter of FY25. Margin increased to 14% from 12% in Q1FY25.

JB Chemicals & Pharmaceuticals’ net profit up by 14.5%

Overall numbers were in-line with expectations in the quarter. Revenue for the quarter grew 9% YoY at Rs 1094cr as against estimate of Rs 1119cr. EBITDA margin contracted 40bps YoY at 27.5% as against expectation of 27.8%. Adj. to ESOP and one-off expenses, margin stood at 30.2%. Gross margin improved 210bps YoY at 68.3%. Net profit was up 14.5% YoY at Rs 202.4cr. Other Income surged 147% YoY at Rs 15cr. Domestic formulation revenue increased 14% YoY at Rs 678cr. International business grew 2% YoY at Rs 416cr. CDMO business reported a growth of 8% YoY at Rs 115cr. EPS for the quarter stood at Rs 12.75 and it was at Rs 41.6 for FY25. At CMP, the stock trades at 28x FY27E EPS.

Tata Steel’s consolidated profit in June quarter up by 118%

Tata Steel reported a 118% growth in its Q1 consolidated net profit at Rs 2007 crore vs. Rs 919 crore in the year ago period. PBT for the quarter stood at Rs 3067 crore vs. Rs 2377 crore, a year ago. Revenue from operations stood at Rs 53,178 crore, down 3% from Rs 54771 crore reported in the corresponding quarter of FY25. Margin increased to 14% from 12% across periods. This result is due to favourable sales mix and higher realisations in downstream business.

Interglobe Aviation’s net profit up by 20.2%

Interglobe Aviation reported 20.2% YoY decline in net profit to Rs 2,176 crore, missing poll estimates amid cost pressures. Other Income stood at Rs 1046 crore vs. Rs 678 crore in Q1FY25. Revenue rose 4.7% YoY to Rs 20,496 crore, also below expectations. Operating margin dipped to 25.5%, while EBITDA saw a slight 1.3% uptick.

Welspun Living’s net profit down by 52%

Welspun Living reported a 52% YoY decline in net profit at Rs 89.3 crore for the first quarter that ended June 30, 2025. Revenue from operations fell 11% to Rs 2,261 crore as against Rs 2,536 crore in Q1FY25. EBITDA tanked 34% to Rs 226 crore in the first quarter of this fiscal.

Aster DM Healthcare’s profit up by 15.5%

Revenue for the quarter grew 7.6% YoY at Rs 1078cr. EBITDA margin improved 290bps YoY at 19.2%. Net profit increased 15.5% YoY at Rs 93.6cr. Other Income declined 32% YoY at Rs 33.2cr. ARPOB increased 14% YoY to Rs 50,200 in Q1FY26, driven by improved ALOS, Oncology growth, and favourable specialty mix. Company has beds capacity at 5197 as of June, 2025. At CMP, the stock trades at 26.5x FY27E EV/EBITDA.

Hikal facility gets GMP certification from Japanese regulator

Company said that Pharmaceutical and Medical Device Agency of Japan (PMDA) had inspected Hikal Bangalore (Unit-1) site from May 19th to 22nd, 2025. It has now received certification that the Company’s plant Jigani, Anekal Taluka, Bangalore, Karnataka – 560105 complies with the Good Manufacturing Practices (GMP) guidelines of Japan.

BPL Pharma subsidiary gets Establishment Inspection Report from USFDA

Bharat Parenterals Limited announced that its subsidiary, Innoxel Lifesciences Pvt. Ltd., has received the Establishment Inspection Report (EIR) from the US FDA for its finished dosage manufacturing facility in Vadodara, Gujarat. This follows the successful completion of the US FDA inspection conducted from April 28 to May 2, 2025. The facility is capable of manufacturing, packaging, testing, storage and distribution of two types of complex dosage forms – Liquid Injectables and Oral Liquids.

Mayur Uniquoters profit up by 9%

Operational numbers were weak for the quarter. Total revenue grew 1.4% YoY at Rs 216cr. Operating profit was down 11% YoY at Rs 43cr. Net profit increased 9% YoY at Rs 40.7cr. Other Income surged 79.7% YoY at Rs 19.55cr. EPS for the quarter stood at Rs 9.37. At CMP, the stock trades at 15.5x FY26E EPS.

BASF India’s profit down by 37.7%

Operational numbers were weak for the quarter. Total revenue declined 2.3% YoY at Rs 3874.5cr. Operating profit was down 32% YoY at Rs 214cr. Net profit declined 37.7% YoY at Rs 137.4cr. Other Income declined 13% YoY at Rs 19.2cr. Agricultural Solutions business reported healthy growth while Materials segment dragged overall profitability.

Mahindra & Mahindra’s profit in June quarter up by 32%

Mahindra & Mahindra Ltd. posted a 32% YoY increase in standalone PAT to Rs 3450 crore. Revenue from operations went up by 26% YoY to Rs 34143 crore driven by strong growth in passenger car volumes. Quarterly volumes went up by 17% to 247k units. EBITDA increased by 17% YoY to Rs 4795 crore. However, EBITDA margin contracted 113 bps to 14% on account of commodity headwinds.

PNB’s profit down by 49% due to deferred tax credit reversal

PNB reported a 49% drop in net profit to Rs 1675 crore on account of reversal of deferred tax credit as it has adopted lower tax rate from FY26. Adjusting for the one-off PAT was higher by 54% to Rs 4999 crore. NII remained flattish at Rs 10578 crore. NIM stood at 2.84%. Asset quality continued to improve with GNPA/NNPA contracting 17/2 bps sequentially to 3.78/0.38%.

Hyundai Motors India profit down by 8% in June quarter

Revenue of the company slipped 6% YoY in Q1FY26 to Rs 16028 crore as macro challenges continued to impact domestic demand sentiment. EBITDA fell 7% and EBITDA margin contracted by 21bps to 13.3%. Net profit was down 8% to Rs 1336 crore.

Tata Motors to acquire truck business of Italy’s Iveco group for Euro 3.8 billion

Tata Motors has announced its plan to acquire Italy’s Iveco Group for €3.8 billion in an all-cash transaction, creating a formidable global player with vast reach, complementary capabilities, and a unified strategic vision.

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Source: HDFC Securities Prime Research