Overview
- Divi’s Laboratories reported a 25.6% year-on-year profit jump to Rs 667 crore, with revenue rising 12.26% to Rs 2,536 crore, and announced a Rs 30 per share dividend.
- Zen Technologies posted a 189% surge in net profit to Rs 101.04 crore, driven by a 130% increase in revenue to Rs 324.97 crore for Q4FY25.
- Vodafone Idea approached the Supreme Court seeking a waiver of Rs 45,457 crore in adjusted gross revenue dues, highlighting ongoing financial strain in the telecom sector.
- Bharat Electronics secured Rs 572 crore in new defence contracts, while KEC International announced Rs 1,133 crore in transmission and distribution project orders.
- Dr Reddy’s Laboratories received two USFDA observations following a GMP inspection at its API facility in Middleburgh, New York, conducted from May 12 to May 16.