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.
The company released its results on Friday, highlighting steady growth in its core operations. Profit rose from Rs 345 crore in the corresponding quarter a year earlier, driven by higher sales across key segments.
Birla Corporation reported a 15% year-on-year increase in net profit for the March-ended quarter. Revenue rose modestly while the company announced a dividend payout.
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Bank of Baroda reported an 11.2 percent increase in consolidated profit for the fourth quarter. Profit after tax reached Rs 5,616 crore, helped by higher net interest income and improved asset quality.
Net profit growth for Nifty 50 companies in the fourth quarter of fiscal 2026 is expected to slow on a year-on-year basis due to price effects from the Iran-US war, brokerages said. Estimates range from 0.6% to 6%.
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HDFC Bank announced steady performance in its fourth quarter, with deposits increasing 15% year-over-year and advances rising 12%. Average deposits reached Rs 28.51 lakh crore, while period-end deposits stood at Rs 31.06 lakh crore. The update comes amid recent headlines over the abrupt departure of director Atanu Chakraborty.