Q4 Results 2025 Highlights: Tata Steel Q4 Profit jumps 117% to Rs 1,201 crore, announces dividend of Rs 3.60 per share

Centrum Broking said, “We expect Asian Paints to emerge as strong player, moving from share of surface to share of space inside home in line with its core strategy: (1) upgrade volumes using innovations in economy/luxury emulsions, (2) grow project/institutional business, (3) expand waterproofing business, (4) grow rural reach, and (5) gain volume market share, yet balance margins. We expect with revamp in packaging, innovative regional packs, strengthening ‘Advanced Range’ and exclusive range for Architectural and Interior application would help Asian Paints to lift revenue momentum and profitability. Despite challenging demand conditions, Asian Paints expects to deliver mid-single digit volume growth in the domestic decorative segment led by bounce back on urban demand along with NPD (~12% of sales).”

Pidilite continues strong UVG at 9.8 per cent in Q4, and 160bps gross margin expansion given benign input costs. Pidilite continues to focus on strong volume-led profitable growth led by its strategy of developing pioneer categories and entering newer segments. B2B continued its growth momentum driven by Industrial & Project verticals whereas B2C improved sequentially.

Amnish Aggarwal, Director – Institutional Research, PL Capital Group, “Pidilite is open to exploring tie ups and entry in segments like adhesives or specialty chemicals for EV/Semiconductor or electronic manufacturing, however it is a long haul business. Pidilite is well placed to sustain growth sustained innovations, tie-ups to bring technologically advanced products and 2-4x growth in pioneer and growth categories (45 per cent of sales). Near term margin outlook seems fine, although margins leave little scope of expansion from current levels.”

Tata Steel will announce its fiscal fourth quarter results today. Per an analysis report by Nuvama, “Standalone EBITDA/t is expected to increase by Rs 845 QoQ to Rs 12,396 owing to decrease in coking coal cost by USD10/t QoQ and operating leverage benefit from higher volumes (up 6% QoQ to 5.62mt). The blended realisation expected to remain flat QoQ. Tata Steel Europe’s losses are expected to remain nearly similar QoQ owing to lower RM cost and fixed cost at UK, partially offset by decrease in steel prices. The Netherlands operations are expected to report an negligible EBITDA profit while UK losses are likely to remain almost the same QoQ.”

According to a CNBC TV18 poll, Tata Steel is expected to report Q4 profit at Rs 1,080 crore and revenue for the quarter in review is estimated at Rs 56,412 crore.

HDFC Securities said, “Swiggy’s food delivery (FD) print was largely in line. However, contextually, quick commerce (QC) performance outpaced expectations as despite higher-than-expected customer acquisition, QC burn was largely in line at -Rs 8.4bn (HSIE: -Rs 8.6bn; Q3FY24 adj EBITDA was at -Rs 5.8bn). The sequential jump in QC burn was attributed to sustained high customer incentives, acquisition costs, aggressive dark store expansion (added 316 stores in Q4) and consequent under-utilized capacity. Management expects a gradual unwinding of these losses as peak investments in QC seem behind them. Post ~50% stock price correction over the past five months, value is emerging as at CMP, we are paying ~Rs 75bn (<USD1bn) for the Instamart business.”

Today, companies like 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.

Greetings! The fiscal fourth quarter earnings season is in full swing with a number of companies already having released their Q4 numbers and we, at FinancialExpress.com, are continuously bringing you all the updates on their quarter performance and announcements by management on issues of interest. Going forward as well, we will continue to keep you updated on all the developments and announcements by India Inc. Stay tuned.