Overview
- Adani Green’s net profit jumped 60% to Rs 713 crore, supported by a 42% rise in energy sales after adding significant renewable capacity.
- Larsen & Toubro posted a 30% profit increase to Rs 3,617 crore and secured record Q1 orders of Rs 94,453 crore, boosting its order book to Rs 6.12 lakh crore.
- Tata Steel’s net profit surged 116% to Rs 2,078 crore while revenue held near Rs 53,178 crore, and the firm approved a stake investment in a solar power subsidiary.
- Power Grid’s profit dipped 2.5% to Rs 3,630 crore even as revenue grew 1.7%, and its board greenlit up to Rs 30,000 crore in bond issuances for capital spending.
- Hyundai Motor India’s profit fell 7.7% to Rs 1,335.7 crore, contrasting with Hitachi Energy’s 1,163% profit surge to Rs 131.6 crore and Birla Corp’s nearly four-fold profit rise to Rs 119.6 crore.