GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Swan Energy will be in focus in Friday's trade as the company will announce its third quarter results later today. There are no estimates as to what the company might report in the October-December 2024 period. However, in the preceding September quarter, net profit more than doubled to Rs 1.2 crore as against Rs 58 lakh in the comparable period. Revenues, on the other hand, declined to Rs 25.54 crore. Swan Energy is an Indian company engaged in the energy, textiles, and real estate sectors. Established in 1990, the company has diversified its operations to include oil and gas exploration, renewable energy, and infrastructure development. Swan Energy is notably involved in the liquefied natural gas (LNG) sector, with a focus on regasification and storage projects, positioning itself as a key player in India's energy transition. The company operates a floating storage and regasification unit (FSRU) at Jafrabad, Gujarat, w...

[hfe_template id='11223'] [ad_1] P N Gadgil shares hit their 10% upper circuit in intraday trade, reaching Rs 621.05 on the BSE, after the firm reported its quarterly results for the first time since its listing on the exchanges. The company posted a 49.4% YoY surge in its profit after tax (PAT) for Q3FY25. The PAT stood at Rs 86.03 crore for the three months ending December 2024, compared to Rs 57.60 crore reported in the same period last year. Additionally, P N Gadgil’s revenue from operations rose 23.5% YoY to Rs 2,435.75 crore for the quarter, up from Rs 1,972.16 crore in the corresponding quarter of the previous financial year. The franchise revenue also grew to Rs 226.4 crore, reflecting an 86.6% year-on-year increase for Q3 FY25. On the EBITDA front, the company witnessed a 37.2% YoY increase. The EBITDA for the quarter reached Rs 129.77 crore, compared to Rs 94.58 crore in the same quarter of FY24. The EBITDA margin surged by 50 bps to 5.3%. 'Strong Same-Stor...

[hfe_template id='11223'] [ad_1] Shares of Zaggle Prepaid Ocean Services, backed by ace investor Ashish Kacholia, tumbled 10% to hit the lower circuit at Rs 381.9 on the BSE on Tuesday, extending their sharp decline following the company's Q3 earnings report on Friday. The stock has now lost nearly 19% in the last two trading sessions. The company reported a 29.6% year-on-year (YoY) rise in consolidated profit after tax (PAT) to Rs 19.7 crore for the third quarter ended December 2024, while Zaggle saw a 2.47% sequential dip in PAT. The company's revenue from operations surged 68.8% YoY to Rs 336.8 crore for the third quarter, also posting an 11.3% quarter-on-quarter (QoQ) growth. Zaggle's total expenses jumped 71.59% YoY to Rs 314.14 crore in the October-December quarter, reflecting a 12% rise from the second quarter. Higher point redemption expenses and incentives contributed to the increase, offsetting the revenue growth. Employee benefit costs, however, fe...

[hfe_template id='11223'] [ad_1] Grasim shares rallied 3% to an intraday high of Rs 2,543.45 in early trade on the BSE even after the firm reported a 41% year-on-year (YoY) drop in its consolidated net profit at Rs 899 crore in the third quarter. Revenue from operations during the same period rose 9% YoY to Rs 34,793 crore. On a standalone basis, the company reported a net loss of Rs 168 crore. The profit growth was dragged down by higher interest and depreciation charges on account of investments in the building materials businesses. Consolidated EBITDA for the quarter wad down 9% YoY to Rs 4,668 crore, mainly due to lower realisations in the cement business and initial investments for building a strong consumer-facing paints business. Also Read: Stocks in news: Nykaa, Vodafone Idea, Apollo Hospitals, Hindalco, Lupin Segment wise, the Cellulosic Fibres reported revenue growth of 6% YoY to Rs 3,934 crore, while EBITDA declined by 18% YoY to Rs 331 crore, mainly due to hi...

[hfe_template id='11223'] [ad_1] Shares of NCC Ltd tumbled as much as 14.6% on Friday to Rs 202.85 on the BSE after the infrastructure company reported a 12.5% year-on-year (YoY) decline in net profit at Rs 193.2 crore for the third quarter ended December 2024. The stock decline followed NCC's earnings announcement post-market hours on Thursday. The Rekha Jhunjhunwala-backed firm posted a net profit of Rs 193.2 crore for the quarter ended December 31, 2024, down from Rs 220.7 crore a year earlier, according to a regulatory filing. Revenue from operations rose marginally by 1.6% to Rs 5,344.5 crore in the December quarter, from Rs 5,260 crore in the same period last year. However, at the operating level, the company saw a sharper decline, with EBITDA dropping 16.6% to Rs 420.9 crore from Rs 504.4 crore a year ago. EBITDA margin contracted to 7.9% in the third quarter, from 9.6% in the corresponding quarter last year, reflecting cost pressures and potential execution c...

[hfe_template id='11223'] [ad_1] Sagility India’s shares hit a 5% upper circuit, rising to Rs 52.6 on Thursday’s trade at BSE, following the company’s strong Q3 results. The healthtech services provider reported a 207.2% year-on-year (YoY) jump in its net profit for Q3FY25, posting Rs 217 crore, compared to Rs 70.6 crore in the same quarter last year. The company's revenue from operations in the December 2024 quarter grew by 15.3%, reaching Rs 1,453 crore, up from Rs 1,260 crore in the corresponding period of the previous fiscal year. EBITDA for Q3FY25 surged 50.7% to Rs 391.8 crore from Rs 260 crore YoY, while the EBITDA margin expanded to 27% from 20.6%. “Q3FY25 was an exceptional quarter both in terms of top-line and bottom-line, driven by growth both in our tenured large clients as well as newer accounts which we won in the last three years. Our acquisition of BroadPath diversifies our client base and adds new capabilities to our already broad and deep service po...

[hfe_template id='11223'] [ad_1] Asian Paints shares slipped 5% to an intraday low of Rs 2,235 on the BSE on Wednesday after the company reported a 23% decline in its consolidated net profit for the quarter ending December 31, 2024, amounting to Rs 1,110 crore, compared to Rs 1,448 crore in the same period last year. The revenue from operations for Q3FY25 stood at Rs 8,549 crore, marking a 6% decline from Rs 9,103 crore reported in the corresponding quarter of the previous financial year. Management Take The paint industry continued to be impacted by subdued demand conditions during the quarter, especially in the urban centres."We registered a 6.6% decline in overall coatings business in India, including industrial. The domestic decorative business delivered a 1.6% volume growth while the standalone revenues declined by 7.5% for the quarter impacted by the weak festive season demand. While we saw sequential improvement in operating margins, the adverse mix coupled w...

[hfe_template id='11223'] [ad_1] The third quarter earnings season is underway and about 104 companies will announce their results on Tuesday. Key results to watch out include from Power Grid, Divi's Labs, General Insurance Corp and Tata Chemicals. Apart from the above, companies like Gland Pharma, Aditya Birla Capital, KPR Mill, KEC International, Premier Energies, Sky Gold, Stove Kraft, Welspun Enterprises and a few others will also declare their quarter results. Power Grid Q3 expectations State-owned Power Grid is likely to report modest numbers in the third quarter ended December 2024, reflective of the modest capitalization on expanded asset base.Kotak Equities estimates profit to rise by a marginal 0.6% year-on-year (YoY), while revenues are expected to decline nearly 1% YoY. On a standalone basis, Motilal Oswal sees revenue growing 7% YoY to Rs 11,400 crore. Meanwhile, EBITDA is expected to improve 5% YoY to Rs 9900 crore. In the preceding second quarter, Powe...

[hfe_template id='11223'] [ad_1] The shares of SRF rallied 8.5% in the last 2 days to hit their new 52-week high of Rs 2,893.20 on the BSE after posting impressive financial results for the third quarter of fiscal year 2025 (Q3 FY25), witnessing a substantial year-on-year (YoY) growth in key profitability metrics. The company’s profit after tax (PAT) increased by 7% YoY, reaching Rs 271 crore in Q3 FY25, up from Rs 253 crore in the corresponding period last year. SRF’s revenue increased by 14% YoY, rising from Rs 3,053 crore in the corresponding period last year to Rs 3,491 crore in Q3 FY25. Meanwhile, the company’s Earnings before interest and tax (EBIT) also saw healthy growth, climbing 16% YoY to reach Rs 529 crore, compared to Rs 457 crore in the same quarter of the previous year. The company also declared a second interim dividend of Rs 3.60 per share for its shareholders. The Chemicals business reported an increase of 7% YoY in its segment revenue to Rs 1,496 crore...

[hfe_template id='11223'] [ad_1] The third quarter earnings season is underway and about 133 companies will announce their results on Thursday. Key results to watch out include from L&T, Bajaj Finserv, Adani Ent, Adani Ports, Tata Consumer, Waaree Energies and Dabur. Apart from the above, companies like Astral, Aditya Vision, Bajaj Holdings, Bank of Baroda, BEL, Biocon, CARE Ratings, Dodla Dairy, Elicid Investments, Indegene, Kalyan Jewellers, PB Fintech, Praj Industries and a few others will also declare their quarter results. L&T Q3 expectations Infrastructure major Larsen and Toubro (L&T) is likely to report solid growth in earnings in the third quarter, led by the core engineering and construction segments. Revenue from operations is likely to jump 20% year-on-year (YoY), according to an average estimate of four brokerages, while profit after tax (PAT) is seen rising 24% YoY. Analysts expect a 24% YoY growth in core EPC revenues as the weakness in domesti...

[hfe_template id='11223'] [ad_1] The third quarter earnings season is underway and about 59 companies will announce their results on Thursday. Key results to watch out for include Ultratech Cement, Adani Green, Dr Reddy's, Mankind Pharma and HPCL. Apart from the above, companies like ZEE, Cyient, Greaves Cotton, IEX, LKP Securities, Mphasis, Nippon Life AMC, Senores Pharma, Sona BLW Precision and a few others will also declare their quarter results. Also Read : Catch all Q3 Results 2025 Live Updates Here Ultratech Cement Q3 expectations Cement major Ultratech is likely to see a decline in its profitability in the quarter ended December 2024, while the topline may rise marginally. Revenue from operations during the third quarter could rise just 1% year-on-year (YoY), according to an average estimate of four brokerages. Profit after tax (PAT) may decline 29% YoY. EBITDA for the quarter is estimated to decline 14% YoY and operating margins may contract 3.1 pp YoY to 16%...

[hfe_template id='11223'] [ad_1] Tata Technologies shares tumbled 3% to their day’s low of Rs 792 on the BSE on Wednesday, January 22, after the company reported a 1% fall in its consolidated net profit for the quarter ended December 31, 2024, to Rs 169 crore versus Rs 170 crore posted in the year-ago period. The Q3FY25 revenue from operations stood at Rs 1,317 crore, which grew by 2% versus Rs 1,289 crore in the corresponding quarter of the previous financial year. On a sequential basis, the profit after tax (PAT) grew 7% as against Rs 157 crore posted in Q2FY25. Meanwhile, the topline increased 1.6% versus 1,296 crore in the July-September quarter. The earnings were announced after market hours and Tata Technologies shares ended at Rs 816.75 on the BSE, gaining by Rs 4.30 or 0.53% over Monday's closing price. Tata Technologies reported the total operating revenue at Rs 1,317.4 crore, up 2.2% YoY and 1.6% QoQ. The services segment revenue stood at Rs 1,013 crore, an...