Delhivery reported a near-flat consolidated net profit of ₹72.4 crore for Q4 FY26, compared with ₹72.5 crore in the year-ago quarter. Revenue climbed 30% to ₹2,850 crore from ₹2,191.6 crore, while total income reached ₹2,909.4 crore including other income of ₹59.4 crore. On a sequential basis, profit rose sharply 83.3%. However, total expenses also grew 26.9% to ₹2,853.1 crore, keeping profitability muted.
Mobavenue AI Tech delivered a strong Q4 FY26, with PAT jumping 60% to ₹8.4 Cr and operating revenue rising 42% YoY to ₹62.6 Cr. The gains came even as total expenses climbed 40% YoY to ₹51.5 Cr, led by supply and data costs that surged about 50% to ₹36.4 Cr. For FY26, PAT more than tripled to ₹29.3 Cr and revenue surged 152% YoY to ₹218.5 Cr, supported by direct advertiser demand.
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ITC Hotels delivered another strong quarter, with Q4 revenue from operations up 18% to Rs 1,254 crore and net profit up 23% to Rs 317 crore. For FY26, consolidated revenue rose 16% to Rs 4,139 crore and profit climbed 29% to Rs 821 crore. The company reported its highest-ever signings—33 hotels and 3,300 keys—plus a 67-hotel managed pipeline. ITC Hotels is also buying a Zuri luxury resort in Kumarakom to expand its Kerala leisure portfolio, targeting 250 hotels by 2031.
Muthoot Finance shares fell over 8% on Friday even after the gold loan lender reported a 105% year-on-year jump in Q4 standalone net profit to Rs 3,086 crore. Revenue from operations rose 68.5% to nearly Rs 8,180 crore, while full-year profit climbed 95% to Rs 10,134 crore and gold loan AUM surged 50% to Rs 1.54 lakh crore. Jefferies and Morgan Stanley retained positive ratings, but adjusted targets, citing margin strength, churn signals, and gold price expectations.
Nazara Technologies shares surged up to 18% to Rs 314 on Friday after a block deal reportedly covering nearly 4.9% of the company’s equity. The CNBC-TV18 report points to Nikhil Kamath of Zerodha and Axana Estates as likely buyers, with founder Nitish Mittersain believed to be the seller. Despite Q4FY26 revenue falling 23% YoY to Rs 398 crore, net profit jumped more than 13-fold to Rs 56 crore. Management also highlighted AI investments.
Chinese chip stocks are soaring on Beijing’s push for technological self-reliance, but investors are increasingly worried the rally is outrunning fundamentals. Bloomberg data shows mainland bellwethers trading at extreme forward earnings multiples, including SMIC above 120x and Hua Hong above 150x, compared with Intel around 95x. Concerns intensified after Hua Hong’s earnings and guidance missed estimates and SMIC posted weaker net income. Meanwhile, heavy turnover and rising margin debt suggest crowded, speculative positioning.
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Hindustan Aeronautics Ltd shares fell as much as 4.3% on Friday even as the company posted a 6% year-on-year rise in consolidated net profit to Rs 4,196 crore for Q4FY26. Revenue from operations grew 2% to Rs 13,942 crore, while sequential profit more than doubled. For FY26, net profit rose nearly 9% to Rs 9,116 crore. Nomura kept a Buy rating on strong order backlog, but Goldman stayed Neutral, citing weaker execution, lower EBITDA margins, and rising working capital strain.
Defence and aerospace firm Data Patterns’ shares fell more than 11% on Friday after Q4 revenue from operations declined 13% year-on-year to Rs 345 crore. Yet the earnings picture was stronger: net profit rose 21% to Rs 138 crore, with higher EBITDA and profit before tax. The company also highlighted an all-time high order book near Rs 2,062 crore, supported by a record pipeline across radars, electronic warfare and advanced defence electronics.
Markets extended their rebound for a second straight session on supportive global cues and selective buying in heavyweight stocks, with banking shares driving the relief. IT stocks, however, stayed under pressure. Multiple firms drew attention ahead of earnings: Power Grid, Tata Steel, SAIL, Hindustan Copper, Cochin Shipyard, Premier Energies, Godfrey Phillips and ITC Hotels. Adani Enterprises saw a massive block trade, Tata Motors PV reported a steep profit drop, while JSW Steel and Jio Financial posted sharp financial and deal-linked moves.
Kaynes Technology shares plunged about 20% to ₹3,339.25 after weaker-than-expected March-quarter earnings and a revenue guidance miss prompted multiple analyst downgrades. Brokerages flagged execution delays, stretched working capital and continued cash burn as key reasons investor sentiment is cooling. JP Morgan kept expectations for a strong 40%/45% revenue and earnings CAGR through FY26-28E, but downgraded the stock to Neutral and cut its price target sharply. The sell-off follows a massive 950% post-listing surge, then a 57% drop.
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U.S. markets climbed to fresh highs as Cisco delivered earnings and guidance that beat expectations, sending its shares up 14.6%—potentially its best day in 15 years. The broader rally also lifted two non-AI names: StubHub jumped 19.3% and Viking Holdings rose 10%, both posting stronger profit than analysts forecast. Results fueled optimism that consumers still spend, even as sentiment remains shaky. Treasury yields barely moved, while global trading tilted higher in Europe and Asia amid oil jitters tied to Hormuz shipping.
Cisco shares soared 17% to a record high after the networking giant delivered strong results tied to booming AI demand and raised its annual revenue forecast. The rally could be its biggest one-day gain in over two decades, reminiscent of the May 2002 surge that followed strong earnings after the dotcom crash. Cisco also announced nearly 4,000 job cuts and a $1 billion AI-focused restructuring, shifting spending into silicon, optics, security, and AI enablement.
Indian equities snapped lower on Friday as US-Iran tensions escalated, the rupee slid, and financial stocks saw heavy selling. The Nifty ended down 150.50 points at 24,176.15 and the Sensex lost 516.33 points to 77,328.19. Among the biggest movers, SBI dropped about 7% after margin pressure and weaker operating performance. Meanwhile, Titan hit fresh 52-week highs on a 35% YoY profit jump, while Urban Company slumped on a 57x surge in Q4 losses.
Domestic equities extended gains for a second straight day on Thursday, led by banks, metals and pharma, while IT lagged behind. The session also featured sharp stock moves tied to earnings and company announcements, pushing a handful of large names into the spotlight as big winners and losers.
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Air India’s annual report shows losses of 3.56 billion Singapore dollars, equivalent to about $2.8 billion at current exchange rates. The figures come alongside Singapore Air’s results, highlighting how differently major carriers are performing as airlines navigate cost pressure, demand shifts, and financial strain.
Tata Motors’ Passenger Vehicles division reported net profit down 32% year-on-year to Rs 5,783 crore, even as revenue from operations rose 7% to Rs 1.05 lakh crore. The company recommended a final dividend of Rs 3 per share. Challenges around JLR also weighed on overall performance, pressuring revenue and profit despite growth in topline.
MTAR Technologies shares jumped 18% in two days to a record high after the company bagged a Rs 2,279 crore international order. It also upgraded FY27 revenue growth guidance to over 80%, citing expansion momentum across clean energy, nuclear and aerospace. The move follows strong Q4 results and an equally solid full-year performance.
Cisco is drawing fresh investor optimism after reporting stronger-than-expected earnings and signaling rapid growth in AI infrastructure demand. The company is restructuring operations and stepping up investments across artificial intelligence, cybersecurity, and cloud infrastructure, aligning itself with a multi-year AI networking investment cycle analysts say could extend momentum.
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Cisco reported a 12% year-over-year revenue jump to $15.8 billion in Q3 2026, marking its best quarter in years. But the headline was quickly eclipsed by a plan to cut around 4,000 jobs. CEO Chuck Robbins said the restructuring is meant to free capital for an AI-focused buildout, including silicon, optics, security, and enterprise AI tools.
Honda Motor reported its first annual loss in nearly 70 years, sliding to 414.3 billion yen. The company blamed U.S. tariffs and steep restructuring costs tied to its electric vehicle push, with EV-related losses topping $9 billion. Honda said more expenses may follow but expects to swing back to profitability within the current fiscal year.
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