HUDCO shares fell more than 8% after the company posted a 172% year-on-year jump in Q4FY26 consolidated net profit to Rs 1,981 crore. The catch: profit before tax dropped 39% to Rs 621 crore, largely because net profit benefited from a Rs 1,530 crore deferred tax gain. Revenue from operations rose 25% and interest income gained 26%, but total expenses climbed 63%, with finance costs up 30%. Investors now question the durability of earnings growth.
Tata Motors’ commercial vehicle (CV) business shares jumped about 3% on Friday, snapping a five-session losing streak even after Q4 results disappointed investors. Standalone net profit rose 70% year-on-year to Rs 2,406 crore and revenue increased 22% to Rs 24,452 crore, alongside a proposed final dividend of Rs 4. Still, brokerages stayed cautious: Nomura cut to Neutral citing global risks and IVECO issues, while others flagged margin pressure from fuel and commodity costs.
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Shadowfax shares surged as much as 17.2% to an all-time high of ₹192.35 on the BSE after a strong Q4 update, though profit booking later pulled it to about 9% higher at ₹178.8. The company reported Q4 FY26 net profit of ₹55.8 crore versus a net loss of ₹9.9 crore a year earlier, alongside 73.6% jump in operating revenue to ₹1,237 crore. Adjusted EBITDA rose to ₹58 crore as margins expanded, supported by AI-led automation and quick commerce expansion.
JSW Steel reported a sharp jump in Q4 earnings, with profit before tax more than doubling for the quarter ended March 31. The company attributed the surge to recovering steel prices and steady demand, despite higher costs linked to the Iran war. Consolidated profit before exceptional items and tax stood at Rs 44.89 billion, underscoring resilience as the market firms up.
Shadowfax reported a consolidated net profit of ₹55.8 crore in Q4 FY26, reversing a ₹9.9 crore loss in the year-ago quarter. Revenue from operations jumped 73.6% YoY to ₹1,237 crore, with total income at ₹1,242.6 crore. Costs also rose 64.2%, but profit still grew nearly 60% sequentially.
Matrimony’s Q4 FY26 profit rose 18.3% year-on-year to ₹9.7 crore, with revenue from operations up 7.8% to ₹116.8 crore. Sequentially, profit increased 16.9% and revenue edged higher. Total expenses rose just 0.5% to ₹110 crore, even as total income reached ₹121.9 crore, helped by finance and other income. The company also announced a ₹5 dividend.
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Zaggle’s shares tumbled up to 19% on the BSE despite a solid March quarter, with revenue and net profit rising sharply year-on-year. The selloff was driven by a sequential dip in margins and higher cashback costs, even as operating metrics showed improvement. After paring losses, the stock remained down sharply, logging its biggest single-day drop since listing.
MCX shares climbed to a new high as investors cheered results and the tailwind from rising gold and silver prices. The exchange posted a fourfold jump in net profit and a threefold rise in revenue, reinforcing confidence even as the broader market stayed weak. Still, some analysts hold back, keeping a cautious view on what happens next.
NLC India shares climbed 18% to a fresh record after the PSU reported a 189% year-on-year jump in Q4 net profit to Rs 1,394 crore. Revenue grew 32%, and the board recommended a final dividend. The company also clocked record annual coal production, alongside its highest-ever full-year profit, fueling investor optimism.
Cipla shares jumped nearly 11% across two sessions after multiple brokerages upgraded their outlook, even though Q4 profit fell 55% year on year. The rally pushed the stock to an intraday high of Rs 1,432.10 as investors shifted attention from near-term earnings pressure to longer-term growth prospects highlighted by analysts.
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Sakar Healthcare reported a sharp turnaround in its January-March quarter for FY 2025-26, with net profit up 91% to Rs 11.02 crore. Revenue from operations rose 42% to Rs 71.09 crore. For the full year, net profit climbed 74% to Rs 30.48 crore while revenue grew 42% to Rs 251.73 crore.
Bharti Airtel shares rose more than 2% after its Q4 numbers showed a 34% year-on-year fall in consolidated net profit to Rs 7,325 crore. Investors instead leaned into stronger operations as revenue jumped 16% to Rs 55,383 crore, led by steady India performance and resilient Africa operations, with India revenue up 8% including passive infrastructure services.
Tata Motors’ Commercial Vehicles unit saw its shares fall more than 4% after the company posted its Q4 FY26 results. The stock slid to an intraday low of ₹367.50 during Thursday’s trading, reflecting investor disappointment despite the headline strength in the quarter’s performance. The reaction highlights how markets can look beyond top-line metrics.
TVS Motor posted a 19% year-on-year rise in consolidated net profit to Rs 772 crore for Q4 FY26, while revenue grew 30% to Rs 15,053 crore. Morgan Stanley and Goldman Sachs kept positive calls, pointing to strong growth prospects. Citi countered with a Sell rating, citing valuation concerns and possible cost headwinds despite the profit rebound.
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Tata Motors reported a sharp jump in Q4 net profit and revenue, but the stock dropped over 3% as investors stayed cautious about the commercial vehicle sector outlook. Brokerages remain divided: some lean neutral while others see upside from export momentum and a gradual industry recovery, leaving the market to weigh execution against near-term demand risk.
Kaynes Technology shares slid nearly 10% after its Q4 results failed to meet expectations. Investors reacted to a revenue guidance miss, deteriorating balance sheet metrics, and a sharp fall in profit. The stock dropped to about Rs 3,760 on the BSE as brokerages—including JPMorgan and Nuvama—turned cautious following the earnings report.
LIC Housing Finance’s Q4 net profit rose 9.4% to Rs 1,497 crore, boosted by lower provisions. The lender also recommended a 500% dividend—Rs 10 per share—for FY26. In a separate update, Signature Global cut net debt by 77% to Rs 200 crore in FY26, while PAT surged to Rs 1,090 crore.
DLF’s Q4 consolidated profit fell marginally to Rs 1,269 crore even as revenue dropped 42%, driven by lower project recognition. The company said strong collections, healthy bookings and rising rental income helped cushion performance. Robust cash generation and improved annual profitability remained positives, and DLF recommended a dividend of Rs 8 per share for FY26 shareholders.
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Bharti Airtel reported Q4 FY26 consolidated net profit of Rs 7,325 crore, down 34% year-on-year, even as revenue grew 16% to Rs 55,383 crore. The telecom firm recommended a final dividend of Rs 24 per share and pointed to strong performance across India and Africa, while also investing in digital lending and AI initiatives.
Tata Motors Commercial Vehicle division reported a strong Q4 showing, with standalone net profit rising 70% year over year to Rs 2,406 crore. Revenue also increased 22% in the March-ended quarter, signaling improved demand and operating performance. The results highlight how the CV business is accelerating even as broader market conditions remain mixed.
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