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Block deal: JSW Energy sells Rs 3,150 crore JSW Steel stake to GQG, SBI Mutual Fund
JSW Energy has divested a portion of its JSW Steel stake for Rs 3,150 crore to fund its aggressive power generation expansion. The company aims to reach 30 GW capacity by 2030, bolstered by both renewable and thermal power projects. This strategic move enhances capital allocation and supports long-term growth initiatives.
Astral Q4 profit rises 20%, but misses estimates across metrics; dividend declared
Astral reported double-digit growth in profit and revenue for the March quarter, although earnings, revenue and margins came in below CNBC-TV18 estimates amid softer operational performance.
Cochin Shipyard shares fall over 7% after Q4 net profit, revenue decline YoY
Cochin Shipyard's shares dipped following mixed March quarter results. While revenue and net profit saw a year-on-year decline, the company showcased impressive operational efficiency, leading to a significant jump in operating margins. The board has recommended a final dividend of Rs 1.5 per share for FY26, subject to shareholder approval.
Bharat Electronics Q4 Results: Check BEL Board Meeting Date, Dividend News And More
A meeting of the Board of Directors is scheduled on May 19 to consider and approve the audited financial results for the fourth quarter of FY26.
Atul Auto Q4 net profit more than doubles to ₹15 crore; declares ₹3 dividend
Shares of Atul Auto Ltd ended at ₹515.40, up by ₹25.45, or 5.19%, on the BSE.
Cochin Shipyard Q4 Results: Margin improves sharply even as revenue falls
Cochin Shipyard reported a mixed March quarter performance, with revenue and profit declining year-on-year, while operating profitability improved sharply. The company also announced a final dividend of ₹1.5 per share.
Power Grid Q4 | Profit beats Street rising 10%, other metrics fall short; declares dividend
Board recommends ₹1.25/share final dividend; approves plan to raise up to ₹5,000 crore via bank facilities. Shares of Power Grid Corporation ended higher on Friday at ₹305.50 on the NSE, up ₹3.75 or 1.24%.
Power Grid Q4 Results: Profit Rises 10% Even As Revenue Slips; Dividend Declared
Alongside the earnings, the board has approved a proposal to raise up to Rs 5,000 crore through a rupee term-loan to bolster its capital position.
Cochin Shipyard Q4 Results: Profit Falls 32%, Margin Contracts Sharply; Dividend Declared
Revenue from operations of the PSU shipmaker fell 15.6% to Rs 1,484 crore.
Ratnamani Metals Q4 profit halves as revenue and margins weaken
Weak sales and lower operating margins hit Ratnamani Metals’ quarterly earnings, even as the company announced a ₹10 dividend for FY26.
VST Tillers Tractors Q4 profit drops 80% amid sharp investment valuation loss, declares dividend
Revenue rises 9%, margin improves; board recommends ₹25/share final dividend
Carborundum Universal gains 9% to hit 52-week high on Q4, dividend news
The company's board has recommended a final dividend of ₹2.50 per equity share (250 per cent) on a face value of Re 1 each for the year ended March 31, 2026