Overview
- Tata Motors, which reported Wednesday, posted a 70% year-on-year standalone net profit rise to Rs 2,406 crore on higher volumes and better margins, and the board recommended a Rs 4 per-share dividend.
- Tube Investments reported net profit up 46.7% to Rs 232.1 crore with revenue up 20.7% to Rs 6,214.8 crore, and it stepped up bets on new mobility and semiconductor ventures.
- Tata Power on Tuesday logged an 8% rise in consolidated net profit to Rs 1,415.5 crore as fuel costs fell, and the board proposed a final dividend of Rs 2.50 per share.
- Oil India reported a 12% rise in standalone net profit to Rs 1,789.5 crore on stronger crude revenue, while booking a Rs 865.1 crore provision for disputed service tax and GST on royalty and declaring a Rs 1 final dividend.
- Across the pack, Privi Speciality Chemicals, Kalpataru, Abbott India, and Mold‑Tek posted year-on-year growth and announced payouts, with select one-offs such as labour code related charges and an auditor resignation at Modi Naturals tempering otherwise steady operating gains.