BPCL Q3 Net Profit Rises 37% YoY to ₹4,649 Cr; ₹5 Dividend

BPCL Q3 Results 2025: Net Profit Rises 37% YoY to ₹4,649 Crore, ₹5 Dividend Declared

Q3 Net Profit

Bharat Petroleum Corporation Ltd (BPCL), the state-run oil refiner, announced its Q3 results today, reporting a 36.85% year-on-year increase in standalone profit after tax (PAT). The company's net profit rose to ₹4,649 crore, up from ₹3,397 crore in the same quarter last year.

Revenue from Operations

However, revenue from operations for the quarter ending December 2024 declined by 1.86% YoY, totaling ₹1,27,520.50 crore compared to ₹1,29,946.95 crore in the same period last year.

Interim Dividend

The company also announced an interim dividend of ₹5 per share for FY25, with January 29 set as the record date for the dividend payout.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Tata Group Stock in Focus After 424% YoY Net Profit Increase

Tata Group Stock in Focus After Reporting 424% YoY Net Profit Increase

Stock in Focus

Shares of Tata Communications Limited, a leading global communications technology player and a part of the Tata Group, are in focus on Wednesday after the company reported its financial results for Q3 FY25, which included a 424% year-on-year increase in net profit. With a market capitalization of ₹47,238.8 crores, the shares of Tata Communications Limited surged nearly 0.3% to hit an intraday high of ₹1,702, compared to its previous closing price of ₹1,697.3.

Q3 FY25 Financial Results

Tata Communications Limited announced its financial results for Q3 FY25, with revenue from operations at ₹5,798.07 crores, a marginal increase of approximately 1.2% quarter-on-quarter (QoQ) from ₹5,727.85 crores in Q2 FY25, and an increase of about 3.8% year-on-year (YoY) from ₹5,587.8 crores in Q3 FY24. The company’s net profit for Q3 FY25 grew to ₹236.08 crores, representing a marginal rise of around 3.8% QoQ from ₹227.3 crores in Q2 FY25, as well as a substantial year-on-year increase of nearly 424% from ₹45.05 crores in Q3 FY24.

Stock Performance

The stock has delivered negative returns of nearly 6.3% in one year, and around 6.3% positive returns in the last six months. However, shares of Tata Communications have fallen by about 2.2% in the last month.

About Tata Communications Limited

Incorporated in 1986, Tata Communications Limited offers international and national voice and data transmission services, selling and leasing bandwidth on undersea cable systems, internet connectivity services, and other value-added services including telepresence, managed hosting, mobile global roaming and signaling services, transponder leasing, television uplinking, and other related services.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Trishakti Industries Stock in Focus After ₹60 Million NCC Contract

Trishakti Industries Stock in Focus After ₹60 Million Contract from NCC

Stock Performance and Market Cap

Shares of Trishakti Industries Limited, a premier infrastructure solutions provider specializing in hiring heavy earth-moving equipment, are in focus on Wednesday after securing a contract from NCC Limited worth ₹6 crore to support their Adani Power Project. The stock opened in the red at ₹166.6, down by 2%, compared to its previous closing price of ₹170, with a market capitalization of ₹272 crores.

New Contract from NCC Limited

Trishakti Industries Limited announced in its latest regulatory filings with the BSE that it has received a contract from NCC Limited worth ₹6 crore, with the order scheduled to be executed within 12 months. Under this contract, Trishakti Industries will supply advanced earth-moving heavy equipment worth ₹6 crore to support NCC’s Adani Power Project.

Previous Orders

• January 1, 2025: The company secured a contract from Larsen & Toubro Limited (L&T) to supply machines worth ₹2.5 crore to support their Kolkata Metro Project.
• January 1, 2025: Trishakti Industries Limited received its largest-ever order from KEC International Limited. Under this contract, the company will deploy heavy machines valued at ₹9 crore to support their Tata Steel’s Plant.

Financial Performance

Trishakti Industries reported a decline in revenue from operations, experiencing a fall of nearly 92.2% YoY, decreasing from ₹36.43 crores in Q2 FY24 to ₹2.85 crores in Q2 FY25. However, the company’s net profit increased from ₹0.08 crores to ₹0.87 crores over the same period, representing a rise of around 987.5% YoY.

Management Guidance and Capex Update

The company is undergoing a ₹400 crore capex investment over the period from FY25 to FY27. As of the first half of FY25, the company’s capex amounted to ₹11.5 crores. The capex plan for FY25 is ₹38.5 crores, which will increase to ₹100 crores in FY26, and further to ₹250 crores in FY27. The company's fleet size is expected to grow from 15 units in H1 FY25 to 30 units by FY25, 75 units by FY26, and 150 units by FY27. By Q3 FY25, the total procurement of machinery had reached ₹16 crores, with the company remaining on track to meet its FY25 capex target of ₹50 crores. Driven by ongoing capex and the company's strategy to leverage the infrastructure boom, Trishakti Industries is projected to achieve a revenue of ₹90-100 crores by FY28, with operating margins exceeding 60-65%.

Stock Performance

The stock has delivered multi-bagger returns of nearly 307% in one year, as well as around 217.3% returns in the last six months. However, the shares of Trishakti Industries have given negative returns of about 6.7% in the last month.

About Trishakti Industries Limited

Established in 1985, Trishakti Industries Limited is engaged in the business of infrastructure/heavy equipment lease rental.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Jio Financial & BlackRock Invest ₹117 Cr in Mutual Fund Venture

Jio Financial Services and BlackRock Invest ₹117 Crore in Mutual Fund Venture

Joint Investment in Mutual Fund Business

Jio Financial Services Ltd (JFSL) and BlackRock have jointly invested ₹117 crore in their mutual fund venture. Both companies have acquired 5.85 crore equity shares, each valued at ₹10, in Jio BlackRock Asset Management Private Limited. This joint venture is equally owned by JFSL and BlackRock, according to a regulatory filing.

Investment Details

The joint venture, Jio BlackRock Asset Management Private Ltd, has applied to SEBI for necessary approvals. Initially, both JFSL and BlackRock had invested ₹82.5 crore each in the entity. This move signifies a key step in their collaborative efforts to expand their financial services.

New Subsidiary for Broking Activities

In addition to the asset management venture, Jio BlackRock Investment Advisers Private Ltd, another joint venture company, has established a new subsidiary called ‘Jio BlackRock Broking Private Limited,’ which was incorporated on January 20, 2025. This subsidiary aims to engage in broking activities, pending regulatory approvals.

Financial Performance of JFSL

JFSL reported a stable consolidated profit of ₹295 crore for the third quarter, slightly higher than the ₹294 crore recorded in the same period last year. Total income rose to ₹449 crore from ₹414 crore in the previous year's third quarter. Total expenses for JFSL increased to ₹131 crore during this period, compared to ₹99 crore a year earlier.

Strategic Collaboration

The collaboration between JFSL and BlackRock highlights their commitment to strengthening their position in the financial sector. With strategic investments and new ventures, they aim to enhance their service offerings and market reach.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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HDFC Bank Q3 Net Profit Up 2.2% YoY to ₹16,736 Cr, Beats Estimates

HDFC Bank Q3 Results: Net Profit Up 2.2% YoY at ₹16,736 Crore, Beats Estimates

Q3 Net Profit

India's largest private sector lender, HDFC Bank, reported its financial results for the third quarter of FY25, posting a 2.2% year-on-year rise in standalone net profit, reaching ₹16,736 crore. The earnings surpassed Street expectations, with analysts projecting a net profit of ₹16,650 crore, according to a poll.

Net Interest Income (NII)

The bank's net interest income (NII), a key metric of the bank's earnings, grew by 8% YoY to ₹30,690 crore during the quarter, which was in line with expectations. The Net Interest Margin (NIM) for the quarter was flat at 3.4%.

Asset Quality

This steady growth in HDFC Bank's core earnings, both NII and net profit, came despite a rise in Non-Performing Assets (NPAs) and NPA ratios. The share market responded positively despite these concerns, with HDFC Bank's share price rebounding from intraday lows to jump firmly into the green, which helped to lift benchmark indices. Soon after the Q3 results were announced, HDFC Bank stock was trading up 1.3% at ₹1,664 on NSE.

Increase in Gross and Net NPAs

HDFC Bank faced some pressure on asset quality during the quarter. Gross non-performing assets (GNPA) increased to ₹36,019 crore as of December 31, 2024, up 16% from ₹31,012 crore a year ago. Consequently, the GNPA ratio expanded by 18 basis points to 1.42% from 1.26% in the same period last year. Similarly, net non-performing assets (NNPA) jumped 51% to ₹11,588 crore, with the NNPA ratio increasing by 15 basis points to 0.46% from 0.31% YoY.

Provisions and Deposits

Provisions for the quarter declined to ₹3,154 crore from ₹4,217 crore in the same period last year, reflecting a YoY reduction of 25%. Total deposits stood at ₹25.6 lakh crore as of December 31, 2024, registering a 15.8% YoY growth, while total advances rose 3% to ₹25.2 lakh crore during the same period.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Hindustan Unilever Acquires 90% Stake in Minimalist for ₹2,955 Cr

Hindustan Unilever Acquires 90% Stake in Minimalist for ₹2,955 Crore

Acquisition of Minimalist

FMCG major Hindustan Unilever Limited (HUL) has announced the acquisition of a 90.5% stake in skincare startup Minimalist for ₹2,955 crore. The company made the announcement while releasing its quarterly results on January 22.

Details of the Deal

HUL will acquire the 90.5% stake in Minimalist through secondary buyouts and a primary capital infusion at a pre-money enterprise value of ₹2,955 crore. The deal is subject to adjustments as per the transaction document. The company will buy the 90.5% stake from existing investors, including Peak XV Partners and others. The remaining 9.5% stake will be acquired from the founders in two years as per the terms set out in the transaction documents.

Minimalist's Growth

Minimalist, founded by brothers Rahul Yadav and Mohit Yadav, has seen its valuation increase from approximately ₹630 crore (about $75 million) to ₹3,000 crore ($350 million) in about three years, driven by increasing revenues and a stable profit profile. This is one of the largest deals in the direct-to-consumer (D2C) space in recent years, particularly in the skincare industry. In FY24, Minimalist generated a revenue of ₹350 crore, a 89% increase from ₹184 crore in FY23. During the same period, its profit more than doubled from ₹5 crore to ₹11 crore. Minimalist has been profitable for at least four years, according to reports.

Financial Discipline

Based on its FY24 numbers, Minimalist has commanded a revenue multiple of about 10X, which is significantly higher than the 4-6X that similar direct-to-consumer (D2C) startups typically get during similar deals. This premium is largely attributed to its financial discipline. About three years ago, Minimalist raised ₹110 crore ($15 million) from Unilever Ventures, the venture investing arm of Unilever, and others to scale its business.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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HUDCO Q3 Net Profit Jumps 42% YoY to ₹735 Cr, Declares Dividend

HUDCO Q3 Net Profit Jumps 42% YoY to ₹735 Crore, Declares ₹2.05 Dividend

Strong Q3 Performance

Housing & Urban Development Corporation Ltd (HUDCO) reported a net profit of ₹735 crore in the October-December quarter (Q3) of FY25, a 42% increase compared to the ₹519.23 crore net profit in the same quarter of the previous financial year. The Navratna company also recorded a strong revenue rise of nearly 37%, reaching ₹2,760 crore in Q3, up from ₹2,013 crore in the year-ago period.

Interim Dividend

HUDCO also announced an interim dividend of ₹2.05 per equity share for the current financial year 2025. The company has set January 30 as the record date for determining the eligibility of shareholders set to receive the dividend.

Increased Borrowing Plan

Notably, HUDCO has raised its borrowing plan for the current financial year from ₹40,000 crore to ₹55,000 crore, citing a "quantum jump in business" as the reason behind the decision.

Expenses and EPS

HUDCO's expenses saw a 39% year-over-year rise to ₹1,838 crore in Q3. Its earnings per share (EPS) stood at ₹3.67. As of December 2024, the President of India held the majority of the stake in the company at 75%.

Planned Exit from IBHL

HUDCO also announced its plan to exit from its associate company Ind Bank Housing Limited (IBHL). The company cited reasons for this decision in its exchange filing.

Stock Performance

HUDCO shares closed 0.62% lower at ₹228 on January 22. The shares have fallen approximately 30% in the past six months.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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