Steel Authority of India redovisade en kraftig ökning av nettovinsten för det fjärde kvartalet under räkenskapsåret 2026. Den konsoliderade vinsten efter skatt steg med 47 procent jämfört med föregående år till 1 835 crore rupier. Omsättningen växte med 5 procent under samma period.
Företaget noterade även starka sekventiella vinstökningar. EBITDA steg också markant under kvartalet trots en svagare produktion och blandade trender inom den globala stålproduktionen.
Tata Steel posted a consolidated net profit of Rs 2,965 crore for the March-ended quarter. This figure represents a 147 percent increase from Rs 1,201 crore a year earlier. Revenue rose 13 percent over the same period.
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Tata Consumer Products posted a consolidated net profit of Rs 419 crore for the fourth quarter, marking a 21% increase from the previous year. Revenue from operations grew 18% year-over-year to Rs 5,434 crore.
ICICI Bank reported a 9% increase in net profit for the March 2026 quarter, reaching Rs 13,702 crore. The rise was fueled by steady loan growth and a sharp decline in provisions. Total advances grew 16%, bolstered by business banking and rural segments.
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Nine BSE smallcap companies delivered standout performances in the March 2026 quarter, with net profits surging over 50% year-on-year and share prices rising 50% to 170% in the past year. Four of these stocks became multibaggers, more than doubling investor returns. Data from ACE Equity highlights the momentum amid mixed results from 168 reporting firms.