Q4 Result 2025: The fiscal fourth quarter earnings season is in its full swing and the majority of large cap companies have already released their Q4 results. Till date, IT services giants like Tata Consultancy Services (TCS), Infosys, Wipro, HCL Tech, Tech Mahindra, and other companies including Reliance Industries, Paytm, Coal India, Vedanta, Swiggy, Zomato, SBI, HDFC Bank, Dr Reddy’s, Maruti Suzuki India, M&M, Titan Company, L&T, Asian Paints, HUL, Nestle India, Marico, BPCL, HPCL, IOCL, among others, have released their Q4 results.
Today, companies including Tata Steel, Ather Energy, Bajaj Electricals, PVR INOX, Raymond, Raymond Lifestyle, Siyaram Silk Mills, Happiest Minds Technologies, PG Electroplast, Sagar Cements, Thomas Cook (India), Chalet Hotels, Tips Films, Speciality Restaurants, RBZ Jewellers, Jyothy Labs, JM Financial, Morepen Laboratories, Kewal Kiran Clothing, Man Industries (India), CARE Ratings, among a few others are lined up to release their Q4 numbers.
So far, the Q4FY25 earnings fared better than expected, but per an analysis report by Motilal Oswal, forward earnings revisions continue to show weakness, with downgrades outstripping upgrades. “While near-term challenges such as global macros, trade wars, and a weak Q4FY25 will keep the market volatile and jittery, we believe that the medium- to long-term growth narrative for India remains intact. Our model portfolio stance remains unchanged, with a distinct bias towards largecaps and domestic plays, given the current volatile backdrop. We are OW on BFSI, Consumer Discretionary, Industrials, Healthcare, IT and Telecom, while we are UW on Oil & Gas, Cement, Automobiles, Real Estate, and Metals,” MOFSL stated.
Tata Steel Q4 FY25 Results: Tata Steel net debt lower
Tata Steel Net debt stood at Rs 82,579 crores at the end of Q4FY25 from Gross debt of Rs 98,919 crore at the end Q3FY25
Tata Steel Q4 FY25 Results: Tata Steel tariff, geopolitics, tech key challenges ahead
Tata Steel lists that "Complex global environment leading to diverging regional markets. Tariff, geopolitics, tech and climate change key challenges ahead."
Tata Steel Q4 FY25 Results: Koushik Chatterjee on Tata Steel Netherlands
Speaking on Tata Steel Netherlands, Koushik Chatterjee, Executive Director and Chief Financial Officer, Tata Steel said, "annual EBITDA has improved to €90 million as production returned to near rated capacity and operating cash flows after interest were around €450 million through significant cash and cost focused actions. The discussion with the Government of Netherlands on the integrated decarbonisation and environmental measures project continues to be intense and we are also engaged with the provincial and environmental authorities on the above.”
Koushik Chatterjee, Executive Director and Chief Financial Officer, Tata Steel on YoY improvement in EBITDA, " Consolidated EBITDA margin was 100 bps higher on QoQ basis. We are focused on cost takeouts to enhance competitiveness and have already achieved Rs 6,600 crores during the year Vs FY24 levels, of which £230 million or Rs 2,600 crores was in UK, Rs 2,800 crores was in India and Rs 1,150 crores was in Netherlands and the cost transformation program will continue in the future."
Tata Steel Q4 FY25 Results: TV Narendran, Chief Executive Officer & Managing Director says
TV Narendran, Chief Executive Officer & Managing Director said, “FY2025 has been an important transition year for Tata Steel with significant developments across operating geographies. We commissioned India’s largest blast furnace at Kalinganagar, safely decommissioned two blast furnaces in UK and achieved production levels near rated capacity in Netherlands. India deliveries were best ever at around 21 million tonnes and were up 5% YoY aided by a smooth ramp up of the new blast furnace at Kalinganagar and capacity utilisation close to 100% at the remaining operations."
He added that, "Deliveries in the UK were 2.5 million tonnes as we smoothly transitioned to supplying our customers on the basis of imported substrate processed at our downstream mills while fixed costs have reduced by around 230 million pound, the benefit was not visible due to surging imports. In Netherlands, our deliveries were 6.25 million tonnes and for the quarter were 1.75 million tons, highest in the last six years."
Tata Steel consolidated Q4 net profit at Rs 1,201 crore Vs Rs 555 crore in Q4FY24. Net profit up over 100% YoY.
Tata Steel Q4 net profit at Rs 1,201 crore Vs Rs 295 crore in Q3FY25.
Zaggle Q4 Results 2025 Live Updates: Profit rises by 62.53%
Zaggle Prepaid Ocean Services on Monday released its fiscal fourth quarter results with a profit of Rs 31.14 crore, reporting a growth 62.53 per cent in comparison to Rs 19.16 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 412.11 crore, up 50.75 per cent as against Rs 273.37 crore recorded during the fourth quarter of previous financial year. The company EBITDA was up 32 per cent YoY at Rs 35.4 crore.
Affle India Q4 Results 2025 Live Updates: Elara Securities on company performance
Affle India posted in-line results in Q4. FY25 was pivotal as Developed Markets (DM) saw a robust pickup while India & Emerging Markets (IEM) geared to grow on connected TV (CTV) and MSME-led ad opportunities. Elara Securities said, “We raise our EBITDA margin to 21.8% for FY26E & ~22.4-22.7% during FY27-28E and raise EBITDA estimates by 0.6-2.0% during FY26-27E. Expect a 22.4% revenue CAGR during FY25-28E on better growth prospects across DM and IEM coupled with margin expansion. AFFLE trades at 1x FY28E PEG. Due to a large addressable market, a diversified segment and growth pickup, we expect DM to post a 23.2% revenue CAGR during FY25-28E, higher than 22.4% overall revenue. Increasing shift to ROI-driven branding and marketing business is another key lever. Q4 margin of 22.2% reflects control over costs. Contained employee and other expenses are key margin levers.”
Bajaj Electricals Q4 Results 2025 Live Updates: Fundraise
The Board has approved a proposal to obtain an enabling approval of shareholders to borrow funds from time to time (if required) by way of issuance of unsecured non-convertible debentures and/or commercial papers, upto an amount not exceeding Rs 500 crore to the eligible investors on a private placement basis, in one or more tranches.
Bajaj Electricals Q4 Results 2025 Live Updates: Dividend announcement
The Board of Directors of the company has recommended a dividend at the rate of Rs 3.00 per share (150 per cent) of face value of Rs 2 each on equity shares for the financial year ended March 31, 2025. “The said dividend, if approved by the shareholders at the forthcoming 86th Annual General Meeting (86th AGM), will be credited/dispatched on or before August 11, 2025,” the company said in a regulatory filing.
Bajaj Electricals Q4 Results 2025 Live Updates: Performance highlights during Q4
Core FMEG Performance: 6.5 per cent growth on YoY basis driven by Consumer Products).
• Consumer Products (CP) Segment: 8.4 per cent growth on a YoY basis on account of MR and Appliances.
• Lighting Solutions (LS) Segment: 0.2 per cent growth on a YoY basis due to B2C Lighting offset by drop in B2B Lighting.
Channel Highlights
• GT registered a growth of 6 per cent YoY basis on account of continuous trade revival.
• Growth across key alternate channels – Exports (49 per cent), MFR (25 per cent), and GoI (13 per cent)
Bajaj Electricals Q4 Results 2025 Live Updates: Profit jumps by 101.47%
Bajaj Electricals on Monday released its fiscal fourth quarter results with a profit of Rs 59.05 crore, posting a jump of 101.47 per cent in comparison to Rs 29.31 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 1265.47 crore, up 6.51 per cent as against Rs 1188.08 crore recorded during the fourth quarter of previous financial year.
SRF Q4 Results 2025 Live Updates: Innovation and Intellectual Property
As of March 31, 2025, the company has applied for 481 patents, with twelve patents applied during the quarter. To date, the company has been granted one hundred and fifty-one patents globally.
SRF Q4 Results 2025 Live Updates: FY25 performance
In FY25, SRF’s revenue increased 12 per cent from Rs 13,139 crore to Rs 14,693 crore over CPLY. The company’s EBIT increased 6 per cent from Rs 2,201 crore to Rs 2,336 crore over CPLY, despite a challenging H1 FY25. The company's PBT was Rs 1,704 crore, nearly unchanged from the previous year's Rs 1,692 crore. The company registered a PAT of Rs 1,251 crore in FY25.
SRF Q4 Results 2025 Live Updates: Profit rises by 24.60%
SRF Ltd on Monday released its fiscal fourth quarter results with a profit of Rs 526.06 crore, posting a growth of 24.60 per cent in comparison to Rs 422.21 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 4313.34 crore, up 20.83 per cent as against Rs 3569.74 crore recorded during the fourth quarter of previous fiscal year. The company EBITDA stood at Rs 957 crore, up 38 per cent on-year.
Jyothy Labs Q4 Results 2025 Live Updates: MR Jyothy on FY25 performance and growth outlook
MR Jyothy, Chairperson and Managing Director, Jyothy Labs Limited, said, “We concluded FY 2025 on a positive note with a 6.4% growth in volumes as well as delivering growth in both revenues and profits over the previous year. While competitive intensity remains elevated across the FMCG sector—particularly in daily essentials such as detergents, soaps, and dishwashing products—our ability to adapt to an evolving channel landscape, our wide product portfolio, and our agile and responsive operations position us well to navigate this environment. We remain confident in the long-term growth prospects of our business, despite the near-term challenges posed by macroeconomic factors. We continue to invest in and strengthen our brand portfolio across segments, with a clear focus on the future. Our debt-free position and robust cash reserves provide the financial flexibility to invest in long-term brand-building and strategic initiatives.”
Jyothy Labs Q4 Results 2025 Live Updates: Dividend announcement
The company board recommended a dividend of Rs 3.50 per equity share of Re 1 each for the financial year 2024-25. “The date of AGM and record date, for ascertaining the shareholders who will be eligible to receive payment of final dividend will be intimated separately,” the company said in a regulatory filing.
Jyothy Labs Q4 Results 2025 Live Updates: Profit drops by 2.41% to Rs 76.27 crore
Jyothy Labs Ltd on Monday released its fiscal fourth quarter results with a profit of Rs 76.27 crore, posting a drop of 2.41 per cent in comparison to Rs 78.15 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 666.96 crore, up 1.06 per cent as against Rs 659.99 crore reported during the fourth quarter of previous financial year. The company EBITDA was up 3.1 per cent on-year at Rs 112 crore.
Man Industries Q4 Results 2025 Live Updates: Nikhil Mansukhani on company performance and growth outlook
Nikhil Mansukhani, Managing Director, MAN Industries (India) Limited, said, “We are proud to report our highest-ever quarterly and full-year financial performance, a testament to the strength of our strategy, operational discipline, and unwavering focus on value creation. The substantial growth in profitability and margins underscores the resilience and scalability of our business model. Our targeted expansion into the ERW segment, successful execution of high-value projects, robust order book, and the strategic monetization of a non-core asset have laid a strong foundation for continued momentum in FY26. With capacity expansions progressing in Saudi Arabia and Jammu, we are confident in our ability to scale operations and deepen our footprint across domestic and global markets.”
Man Industries Q4 Results 2025 Live Updates: Growth outlook for FY26
The company is targeting around 20 per cent YoY revenue growth for FY26, backed by timely execution of ongoing and upcoming projects, capacity expansion, and continued order inflows. “With a strategic emphasis on operational excellence, product innovation, and international market expansion, MAN Industries is well-positioned to deliver sustained value to all stakeholders,” it said in a regulatory filing.
Man Industries Q4 Results 2025 Live Updates: Key updates for FY25
• Total Income: Rs 3,557 crore, up ~11% YoY
• EBITDA: Rs 353.2 crore, up ~20% YoY
• EBITDA margin: 9.9% (up 70bps YoY)
• PAT: Rs 153.2 crore, up ~46% YoY
Man Industries Q4 Results 2025 Live Updates: Profit skyrockets 182.43% to Rs 68.15 crore
Man Industries (India) Ltd on Monday released its fiscal fourth quarter results with a profit of Rs 68.15 crore, posting a jump of 182.43 per cent as against Rs 24.13 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 1218.49 crore, up 50.30 per cent as against Rs 810.68 crore reported during the fourth quarter of previous financial year. The company EBITDA stood at Rs 121.3 crore.
Ather Energy Q4 Results 2025 Live Updates: Loss narrowed to Rs 234.40 crore
Ather Energy Ltd on Monday released its fiscal fourth quarter results with a loss of Rs 234.40 crore, narrowed from a loss of Rs 283.30 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 676.10 crore, up 29.17 per cent as against Rs 523.40 crore reported during the fourth quarter of previous financial year. The EBITDA loss stood at Rs 172.50 crore.
PG Electroplast Q4 Results 2025 Live Updates: Final dividend announcement
The company board recommended the payment of a final dividend @25 per cent i.e. Rs 0.25 per equity share of the company.
PG Electroplast Q4 Results 2025 Live Updates: Profit jumps by 108.81%
PG Electroplast Ltd on Monday released its fiscal fourth quarter results with a profit of Rs 145.23 crore, posting a jump of 108.81 per cent in comparison to Rs 69.55 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 1909.86 crore, up 77.40 per cent as against Rs 1076.57 crore reported during the fourth quarter of previous financial year. The company EBITDA stood at Rs 212 crore, up 81.7 per cent.
Biocon Q4 Results 2025 Live Updates: Growth outlook for FY26
JM Financial said, “Going into FY26, Biocon has 3-4 biosimilars’ launches lined up, providing clarity on growth over near to medium term. The incremental revenue from these launches will lead to EBITDA margin expansion over the next 3 years. We estimate Biocon Revenue/EBITDA/PAT to grow at 13%/21%/35% CAGR over FY25-28E. Improved cashflows from these opportunities, planned restructuring and fund raise in the business is also likely to improved debt burden on the company (not factored in), helping deliver higher than estimated earnings growth over next 3 years. Thus, we remain positive on the stock and maintain a BUY rating.”
Dr Reddy's Q4 Results 2025 Live Updates: Outlook remains robust, says Centrum Broking
Centrum Broking said, “Management guided for double-digit revenue growth in FY26E aided by strong performance across all segments. Also, it expects EBITDA margins to be 25%+. We are positive on DRRD that despite gRevlimid going off-patent in Jan’26, there are multiple growth levers over the near-to-medium-term such as a) new product launches in the US, b) Semaglutide launch in early-2026 which we expect is a USD1-1.5bn market in Canada, c) net cash surplus of ~Rs25bn, DRRD is actively looking for inorganic opportunities in addition to organic investments in innovation and biosimilars. Accordingly, we have revised our FY26E/FY27E EPS estimate by 6%/2%. We expect revenue CAGR of 4% while EBITDA/PAT to witness CAGR decline of 6%/9% with margins contracting 510bps to 22.2% over FY25-27E.”
PVR Inox Q4 Results 2025 Live Updates: Ajay Bijli on FY25 performance
Ajay Bijli, Managing Director, PVR INOX Ltd, said, "FY25 was a year of transformation — defined by our renewed focus on innovation and agility. We evolved from being reactive to becoming resilient and emerging as a more agile, future ready organization, laying the groundwork for long-term sustainability and relevance in a rapidly changing entertainment landscape.”
PVR Inox Ltd on Monday released its fiscal fourth quarter results with a loss of Rs 125.00 crore, narrowed from a loss of Rs 129.50 crore reported during the corresponding quarter of FY24. It posted revenue from operations at Rs 1249.80, marginally lower than Rs 1256.40 crore reported during the fourth quarter of previous financial year. The company EBITDA was up 1.5 per cent at Rs 283.3 crore.
Other key details:
Patrons visiting: 30.5 million
Average ticket price (ATP) of Rs 258
F&B spend per head (SPH) of Rs 125