News Overview

IIP edged lower in April 2025, as mining and electricity struggled; but March IIP saw a big upgrade

Here are some of the stocks that may see significant price movement today: IndusInd Bank, IRCTC, Bata India, etc.

The paper business posted a net profit of ₹9,576 Lacs in the financial year ended March 2025. In the previous period, net profit stood at ₹9,814 Lacs.

This is the first potash block auction in India that was won and it represents the government's strategic move to tap into domestic potash resources

The company posted a significant 53.44% YoY growth in its total consolidated income for FY25 at ₹2,191.92 crore against ₹1,428.2 crore

The March 2025 quarter revenues were at ₹9,087 crore, up 20% from last year

EBITDA margin decreased to 16.9% from 19.8% in Q4 FY24. On the operational front, EBIT fell 5% YoY to ₹93.4 crore as against ₹98.6 crore in the corresponding quarter of the previous year

The Board of Directors has recommended the final dividend ₹2.50 per equity share (250%) for the FY25

The EBITDA for the quarter stood at ₹51.53 crore, down by 33% on a YoY basis

The company also said that the board of directors also recommended a final dividend of ₹1 per share. This is subject to approval from shareholders.