Q4 Results 25th Apr Live: AXIS Bank, IDFC First Bank, India Cements, RBL Bank, SBFC Finance, UCO Bank to announce Q4 results

Banking

RBI order on cancellation of Paytm’s Payment Bank License

There will be no impact on the company’s revenue, as the exposure to payments banks was zero. Following the RBI embargo on payments banks, the entire equity exposure to Paytm Payments Bank has already been written off.

The current payment ecosystem remains intact, and we do not see any financial implications. The Payments Bank was already inactive, and all merchant and customer accounts had been migrated by Paytm.

Regarding the wallet business, the company can apply for a fresh PPI license and may restart operations upon receiving approval.

Haitong IE Sales

Economics

Jefferies on GMR Airports

India | airport

GMR Airports Infrastructure Ltd. BUY

GMRAIRPO IN | INR96.42 | PT: INR125 | % to PT: +30%\u0009

GMR Promoter Group Increases Stake

GMR Promoter is acquiring a 7.3% stake in GAL from ADP via a stake purchase & FCCB buyback totaling ~€924mn, lifting its ownership while ADP’s economic interest would dip to ~39.8%. The deal is valued at Rs85-87/share, 10-12% discount at CMP, suggesting strategic promoter-to-promoter transaction, yet establishing a credible valuation floor. We believe GMR promoters consolidating its stake in the Co signals strong internal conviction on GAL’s growth trajectory.

Quarterly results

IndusInd Bank logs ₹533 cr profit in Q4FY26 against a huge loss in Q4FY25

IndusInd Bank logs ₹533 cr profit in Q4FY26 against a huge loss in Q4FY25

IndusInd Bank reports ₹533 crore profit in Q4FY26, rebounding from a loss last year, driven by strong interest income growth.

Quarterly results

Hindustan Zinc reports 68% Q4 profit surge driven by rising metal prices

Hindustan Zinc reports 68% Q4 profit surge driven by rising metal prices

Hindustan Zinc reports a 68% profit surge in Q4, driven by rising metal prices and strong revenue growth.

Quarterly results

Mahindra Finance Q4 profit jumps 55%, FY26 earnings up 19%

Mahindra Finance Q4 profit jumps 55%, FY26 earnings up 19%

Mahindra Finance reports 55% profit jump in Q4 FY26, with strong disbursements and asset growth driving overall earnings up 19%.

stock down

Hindustan Zinc posts record quarterly profit of ₹5,033 crore, stock slips 0.61%

Hindustan Zinc Q4 Results: Profit record at ₹5,033 cr, stock slips 0.61%

Annual revenue and profit hit record highs on higher volumes and metal prices.

Quarterly results

CPCL Q4 net profit triples on refining margin boost

CPCL Q4 net profit triples on refining margin boost

CPCL’s Q4 net profit surged threefold, driven by increased refining margins amid rising oil prices from geopolitical tensions.

Economics

JP Morgan, HSBC cut India ratings on oil, inflation concerns despite strong long term outlook

JP Morgan, HSBC cut India ratings on oil, inflation concerns

JP Morgan and HSBC downgrade India’s equity ratings amid oil and inflation concerns, while maintaining a strong long-term growth outlook.

Quarterly results

Adani Green reports higher quarterly profit on strong power sales

Adani Green reports higher quarterly profit on strong power sales

Adani Green reports a 34% profit increase, fueled by strong power sales amid India’s renewable energy expansion efforts.

stock down

Cyient shares slide 4% after Q4 miss; buyback at premium offers limited cushion

Cyient shares slide 4% after Q4 miss; buyback at premium offers limited cushion

Cyient shares drop 4% after Q4 profit miss, despite buyback support; Market sentiment remains cautious amid sell pressure.

stock down

Infosys shares fall 7% after Q4, muted guidance weighs

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Infosys shares slide to 52-week low after Q4, muted guidance weighs

Infosys shares hit a 52-week low following cautious Q4 guidance, signaling a subdued demand environment and lower growth expectations.

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