BSE MidCap Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT

+91 Enter Your Mobile Number

Enable WhatsApp notification T&C

I hereby understand and agree to authorize the ICICI Securities and its affiliates/ group companies...More

These terms and conditions ("WhatsApp Terms and Conditions" as amended from time to time) are applicable to the Customers (defined hereinafter) that avail the Services (defined hereinafter) provided thereon by ICICI Securities Limited ("ICICI Securities") on the WhatsApp platform.

The WhatsApp Terms and Conditions shall be in addition to any other terms and conditions as stipulated by the ICICI Securities from time to time on its website (www.icicidirect.com) whether pertaining to the account or in relation to other products, services or facilities provided by ICICI Securities.

Any services that may be offered to the customer through the WhatsApp platform ("WhatsApp") is at the discretion of the ICICI Securities and/or basis the eligibility criteria of a customer and such services are subject to certain terms and conditions. In case of conflict between any of these WhatsApp Terms and Conditions and the terms and conditions for other services provided on the WhatsApp channel, specific terms and conditions of such services shall prevail.

Further, in case of inconsistency between the WhatsApp Terms and Conditions and any specific terms and conditions pertaining to account or any specific service/product/offer, the specific terms and conditions of that particular service/product/offer shall prevail.

1. DEFINITIONS

"Trading Account" refers to the trading account maintained by the Customer with ICICI Securities.

"Trading Account Related Services" shall mean the Services which pertain to information in relation to the Trading Account maintained with ICICI Securities by customer including but not limited to portfolio valuation, stock quote, order details, trade details etc which are enabled by ICICI Securities, from time to time, at its sole discretion.

"Registered ICICI Securities Number" is the authorized number of ICICI Securities, registered with WhatsApp for the purposes of providing Services herein.

"Customer" shall mean any person holding Trading Account or any prospective customer with ICICI Securities and interacting with ICICI Securities on WhatsApp using the Registered ICICI Securities Number / using the Services provided by ICICI Securities through WhatsApp. "Customer Information" refers to the personal data or information or such other data or information including any sensitive personal data in relation to the Customer such as information in relation to the trading account of the Customer, shared by the Customer or provided to the Customer by ICICI Securities or collected or obtained from the Customer or from WhatsApp or from any such source in the course of the Customer availing the Services hereunder.

"One Way Communication" shall mean the service provided by ICICI Securities to the Customer on WhatsApp where ICICI Securities sends its Customer one-way messages through its Registered ICICI Securities Number in the nature of information, alerts, updates, transaction alerts in relation to the Customer's Trading Account and such other communications as ICICI Securities may enable from time to time, at its discretion.

"Privacy Policy/Privacy Commitment" shall have the meaning as ascribed on the Website; "Service(s)" shall mean the One Way Communication and Two Way Communication services provided by ICICI Securities by itself or through any of its service providers, to a Customer on WhatsApp.

"Two Way Communication" shall mean the service provided by ICICI Securities to the Customers on WhatsApp where the Customer can communicate with ICICI Securities by sending it messages in the form of making requests, seeking information, asking queries etc. on the Registered ICICI Securities Number and where ICICI Securities responds to such messages. However, this service and ICICI Securities responses shall be limited only to such queries, information, requests etc. as may be determined by ICICI Securities from time to time, at its sole discretion.

"WhatsApp" is the application provided by WhatsApp Inc. 1601 Willow Road, Menlo Park, California 94025.

2. INTERPRETATION

All references to singular include plural and vice versa and the word "includes" should be construed as "without limitation".
Words importing any gender include the other gender. 'We/us' refers to ICICI Securities and 'You/yours' refer to the customer using the WhatsApp facility.
Reference to any statute, ordinance or other law includes all regulations and other instruments and all consolidations,amendments, re-enactments or replacements for the time being in force.
All headings, bold typing and italics (if any) have been inserted for convenience of reference only and do not define limit or affect the meaning or interpretation of these Terms and Conditions.
Reference to any law or legislation, regulation, rule shall mean, applicable, constitution, statute, law, rule, regulation, ordinance, judgment, order, decree, authorisation, or any published directive, guideline, notice, requirement or governmental restriction, having the force of law in any jurisdiction and include laws as amended from time to time.

3. PURPOSE

This WhatsApp platform serves as a supplementary medium through which we can communicate with you and provide Services and further enable certain services as ICICI Securities may decide in its sole discretion.

4. ELIGIBILITY FOR USING THE SERVICES

The Customer hereby agrees and undertakes that he/she shall use the Services only if he/she fulfills the eligibility as given below:

The Customer is an individual and is a major;
The Customer is a Guardian of a minor;
The Customer is of sound mind, solvent and competent to contract;
The Customer is a resident of India and is present in the territory of India at the time of utilization of the Services;
The Customer is a non-resident India (NRI) or is residing outside India.
The Customer is Principal Authorised Signatory of the Non Individual Account.

5. APPLICABILITY OF WHATSAPP TERMS AND CONDITIONS

These WhatsApp Terms and Conditions form a contract between the Customer and ICICI Securities. The Customer shall apply to ICICI Securities in the prescribed manner for availing of the Services. By applying and opting in for the Services, the Customer acknowledges that he has read, understood and accepted these WhatsApp Terms and Conditions and other specific terms and conditions as pertaining to the Account and any other products/offers/facilities and services availed by the Customer whether or not through WhatsApp.

No act, delay or omission by ICICI Securities shall affect its rights, powers and remedies under these Terms and Conditions and other terms on ICICI Securities website (www.icicidirect.com), hereinafter referred to as "Website".

The Customer hereby accepts and agrees that all Services and communications (both One Way Communication and Two Way Communication) taking place on WhatsApp, initiated either by ICICI Securities or the Customer, will be governed by and subject to these WhatsApp Terms and Conditions. Further, the Customer hereby agrees that the Customer grants express authority to ICICI Securities for carrying out the Services requested by the Customer on WhatsApp on its Registered ICICI Securities Number. Provided however that ICICI Securities shall not be required to authenticate the Customer, if any request for the Services comes on WhatsApp to ICICI Securities Registered Number, and in case of a Customer, if the number reflected in the requestor's mobile is a Customer's Registered Number, ICICI Securities shall be entitled to presume that it is the Customer itself which is interacting through WhatsApp and in case of any other Customer ICICI Securities shall be entitled to presume that the number reflected in the WhatsApp profile is the Customer's number and it is the Customer itself and not any other person who is interacting with ICICI Securities Registered Number. ICICI Securities's own record or log of transactions maintained through computer systems or otherwise shall be accepted as conclusive and binding for all purposes.

6. SERVICES

The Customer agrees and accepts that ICICI Securities reserves the right to provide only such Services as ICICI Securities may at its discretion permit from time to time. ICICI Securities may also inform/update the availability/non-availability of any particular Service, at its sole discretion. The Customer hereby agrees that ICICI Securities may at any time, without notice to the Customer, modify, discontinue or make additions/deletions to the Services offered to the Customer. The Customer agrees that he shall not hold ICICI Securities responsible for not responding to the queries of/ information sought by the Customer or not providing a response to the satisfaction of the Customer or not processing any request of the Customer, in case such a message sent by the Customer in case ICICI Securities does not receive an instruction to this effect in its systems or the message sent by the Customer is not in the format as required by ICICI Securities or does not fall under the Services being offered by ICICI Securities at the time or ICICI Securities does not receive such a message for technical reasons or otherwise or for any reason whatsoever. ICICI Securities will have no liability in case of any fraud or impersonation incidents through the WhatsApp platform. Further, in case ICICI Securities permits any Service in the nature of a transaction, the Customer agrees that such a Service shall be subject to statutory/ regulatory limits and/or any limits that may be imposed by ICICI Securities, from time to time, at its sole discretion.

7. REGISTRATION AND VERIFICATION

For availing the One Way Communication and Two Way Communication service, the Customer agrees and confirms to have accepted (a) the WhatsApp Terms and Conditions applicable to the Customer for availing the Services mentioned herein; (b) the Privacy Policy of ICICI Securities applicable to the Customer for availing the Services mentioned herein; (c) any other Account/product/service/offer related specific terms and conditions as applicable and (d) all terms and conditions prescribed by WhatsApp for using its platform.

Provided that, ICICI Securities may modify the process for authentication, registration and/or verification of the Customer, for One Way Communication and/or Two-Way Communication, at any time, at its sole discretion.

8. UNSUBSCRIBE

You may choose/request for de-registration/un-subscription of the Services at any point of time by following the process as may be prescribed by ICICI Securities from time to time. Currently ICICI Securities provides the following channels for un-subscription:

Our Website: Visit the WhatsApp un-subscription section on our Website. Enter your mobile number. Enter the OTP received on your registered mobile number and submit.
Missed Call/ SMS to a specific number as updated on the Website.
Send 'STOP' keyword on the WhatsApp platform.

However, the Customer agrees that for this to come into effect, it may take such time as may be required by ICICI Securities. The Customer agrees that he will remain responsible for any requests made/ messages sent to ICICI Securities using the Services prior to the time such cancellation of the Services is effected by ICICI Securities. ICICI Securities will be at liberty to discontinue/ suspend/ terminate the Customer's use of the Services at any time without assigning any reason whatsoever. ICICI Securities may also discontinue or suspend or terminate Services/ facilities without prior notice if these Terms and Conditions are breached.

Once we have received the notification that you have unsubscribed, we will no longer process your information for the purpose(s) you originally agreed to and sent any further notification/message through WhatsApp, unless legally permissible otherwise.

9. IMPORTANT

The Customer shall apply to ICICI Securities for use of the Services (and/or for any changes to the options available under the Services) in such manner and through such modes as may be specified and made available by ICICI Securities from time to time including but not limited to application through forms as prescribed by ICICI Securities, 24-Hour customer care number, SMS if and when made available as permitted modes by ICICI Securities for use of the Services through the WhatsApp platform.
ICICI Securities in its sole discretion shall decide the devices, software platforms, versions, networks, methods, and data services that will be supported by the WhatsApp platform for providing these Services. Any attempts to modify unsupported versions for use in the WhatsApp platform will be treated an unauthorized use and violation ("Unauthorized Use") of these WhatsApp Terms and Conditions. The Services through the WhatsApp platform shall be suspended with immediate effect if there is Unauthorized Use by the Customer.
The Customer agrees that the Customer shall be responsible for upgrading any software, hardware and the operating system at his/her own cost from time to time so as to be compatible to continue to avail the Services offered by ICICI Securities. ICICI Securities shall be at liberty to change, vary or upgrade its software, hardware, operating systems, etc. from time to time and shall be under no obligation to support the software, hardware, operating systems used by the Customer and that the same shall be the Customer's sole responsibility. Some Services may not work on an outdated platform and hence it is Customer's sole responsibility to ensure timely upgradation of the WhatsApp platform.
By subscribing to Services on WhatsApp platform, the Customer agrees to get notifications via WhatsApp including account information, transaction details, and other services/communications. Customer also agrees to receive notifications including offers, new product features, any other important notification sent by ICICI Securities from time to time etc. on the Registered Customer Number via WhatsApp.
The Customer agrees that any Trading Account related Services at the discretion of ICICI Securities shall be provided to the Customers through WhatsApp platform only to a WhatsApp account associated with the Registered Customer Number.
The Customer is aware that it may not be possible for ICICI Securities to give detailed information on the Service/functionalities. ICICI Securities shall not be responsible or liable to you or any third party for the consequences arising out of or in connection with using of this Service or with respect to the limited information provided by ICICI Securities on WhatsApp. In case the Customer requires further information, Customer can reach out to ICICI Securities either in the nearest branch, on ICICI Securitiess Customer Care number or through any other channels provided by ICICI Securities.
The responses sent by ICICI Securities on WhatsApp platform (either for One Way Communication and/or Two Way Communication) are based on a program running at back-end. This program has been developed and regularly enhanced to handle the queries in best possible manner. However, for any answers that the Customer may not find satisfactory or for any inaccuracies arising therefrom, ICICI Securities shall not be held responsible. The Customer may call Customer Care number or email at headservicequality@icicidirect.com or nri@icicidirect.com or visit www.icicidirect.com in case of any clarifications.
The Customer agrees that ICICI Securities and / or its affiliates may hold and process the Customers personal information concerning the account/s on computer or otherwise in connection with the WhatsApp facility. You agree and consent that we may collect, store, use and/or disclose your personal data for the Services as detailed on our Website. The Customer also agrees ICICI Securities may disclose, in strict confidence, to other institutions, its service providers, such information as may be reasonably necessary for reasons inclusive of but not limited to the participation in any telecommunication or electronic clearing network, in compliance with legal directive and for fraud prevention. The Customer using the WhatsApp facility authorizes ICICI Securities to collect and use technical information about the equipment and related software, hardware and peripherals and any data and information stored in the equipment, whether internet-based or wireless, to improve ICICI Securities products and to provide services to the Customer.
All records of ICICI Securities generated by the transactions arising out of use of the Services through the WhatsApp platform, including the time of the transaction recorded shall be conclusive proof of the genuineness and accuracy of the transactions.
Where ICICI Securities considers the instructions to be inconsistent or contradictory with any past instructions or any simultaneous instructions provided by Customer to ICICI Securities through other channels provided by ICICI Securities it may seek clarification from the Customer before acting on any instruction of the Customer or act upon any such instruction as it may deem fit. ICICI Securities shall have the right to suspend the Services if ICICI Securities has reason to believe that the Customer's instructions may lead to direct or indirect loss or may require an indemnity from the customer.
The Customer accepts that all information /instructions will be transmitted to and /or stored at various locations and be accessed by personnel of ICICI Securities (and its affiliates) or its service providers.
On the Customer opting in for the Services through the WhatsApp platform, ICICI Securities has the discretion to stop sending these alerts on SMS or any other channel.
The Customer is responsible for keeping security safeguard of his WhatsApp account linked to the mobile number.
The Customer understands that using WhatsApp application may carry extra risks and may not be secured. Further any message and information exchanged is subject to the risk of being read, interrupted, intercepted, or defrauded by third party or otherwise subject to manipulation by third party or may involve delay in transmission. ICICI Securities shall not be responsible or liable to the customer or any third party for the consequences arising out of or in connection with using of this Service.
The Customer understands that mobile phones are vulnerable to the threats such as but not limited to -
- Access by intruders to the data /information
- Identity theft
- Privacy violations
- Planting of stealth software and viruses
- Disablement or distortion of operations
- Interception of the transmission of encrypted data/message etc.
- The Customer shall immediately notify ICICI Securities in writing if Customer discovers/ suspects unauthorized access.

ICICI Securities shall not be responsible or liable to the Customer or any third party for the consequences arising out of or in connection with using of this Service. The Customer should immediately opt-out of the Services as per the unsubscribe process as detailed in section 8 above.

The Customer is aware that using mobile applications involves many uncertain factors and complex software, hardware, systems, etc. which are susceptible to interruptions and dislocations. ICICI Securities does not make any representation or warranty that the WhatsApp facility/service will be available at all times without any interruption and further that ICICI Securities shall not be responsible for any variation, reduction or imposition of the terms or the customers inability to use the mobile application.
The Customer is aware that authenticated technologies and strict security measures are required for using mobile applications. Customer undertakes to ensure that the password is not revealed to any third party including ICICI Securities officials or any unauthorized person. Customer shall be solely responsible for all the communication exchanged between customer and ICICI Securities while logging into this service.
Under no circumstances shall ICICI Securities, or its officials, employees, be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from the use of, or inability to use, this service or for receipt of any answer provided by ICICI Securities program running at the back-end.
The Customer agrees that the Customer shall not have any claim against ICICI Securities on account of any suspension, interruption, non-availability or malfunctioning of the WhatsApp service due to any link/mobile/system failure at ICICI Securities end for any reason thereof.
The Customer shall not reproduce, copy, or redistribute for commercial purposes any materials or design elements of this WhatsApp service.
The Customer shall ensure appropriate data network connection. Receipt of messages by Customer shall be subject to the data network connection and ICICI Securities shall not be held responsible for any delay or non-receipt of the responses at WhatsApp channel.
The Customer shall not submit or transmit any content through this WhatsApp channel that is:
- Obscene, Vulgar, or Pornographic, immoral, illegal, illicit, unethical etc.
- Encourages the commission of a crime or violation of any law.
- Violates any law in India and/or the jurisdiction in which customer resides.
- Infringes the intellectual or copyrights of ICICI Securities or a third party.
- Constitute confidential information and/or personal or sensitive information/data belonging to the Customer or any third person.
ICICI Securities reserves the right to remove or otherwise delete any content or submissions made by the Customer that violates the rules or which are inappropriate, as per ICICI Securities's sole discretion, without any liability or giving warning to the Customer.
All instructions for availing the services under the WhatsApp facility shall be provided through the Registered Customer Number in the manner indicated by ICICI Securities. The Customer is also responsible for the accuracy and authenticity of the instructions provided to ICICI Securities and the same shall be considered to be sufficient for availing of the services under the WhatsApp facility. The alerts would be sent on the mobile phone number, last registered with ICICI Securities.
The Customer agrees that if he/she notices any error in any information supplied to the Customer by the use of any of the Services, the Customer shall inform ICICI Securities of the same, as soon as possible. ICICI Securities will endeavor to correct the error promptly. The Customer agrees that all outputs of statements that may appear on WhatsApp, upon making a request to that effect, are information extracted from a computerized back up system maintained by ICICI Securities and may not be continuously be updated in real time. ICICI Securities shall provide the information as may be last updated on the systems of ICICI Securities. While ICICI Securities will take all reasonable steps to ensure the accuracy of the statement, ICICI Securities is not liable for any error and shall not hold ICICI Securities responsible for any loss incurred or action taken by the Customer by relying on such information.
The Customer agrees that the responses received by the Customer from ICICI Securities are based on program running at backend. This program has been developed and regularly enhanced to handle the queries in best possible manner. However, for any inappropriate/inaccurate answers or any answers that the Customers may not find satisfactory, ICICI Securities shall not be held responsible.
It is recommended for Customers who have subscribed to this WhatsApp service to delete WhatsApp application when changing their device so as to ensure there is no misuse of the same.
That all the Services provided to the Customer are subject to applicable law and the rules, regulations, notifications, circulars and guidelines introduced or amended from time to time by Securities & Exchange Board of India and/or any regulatory/ statutory/ governmental authority.
ICICI Securities has the right to retract the Customer's right to utilize the Service anytime it deems fit without any notice to the Customer.
The Customer hereby acknowledges that he is availing the Service(s) at his own risk and the Customer shall not hold ICICI Securities responsible or liable for any of the risks including but not limited to the following:
- Password misuse- The Customer acknowledges that if any third person obtains access to the Customer's device or SIM card or the Customer's WhatsApp, such third party may be in a position to access Customer information including Trading Account related information of the Customer, which may be confidential in nature.
- Mistake/Error- the Customer acknowledges that the Customer may be sent responses or shown information which may not be applicable to him/her or may not be sent a satisfactory response, and the Customer agrees that in such a scenario ICICI Securities shall not be liable for any loss to the Customer in this regard. The Customer shall therefore take all care to ensure that there are no mistakes and errors and that the message sent/ request made/ query asked by the Customer to ICICI Securities in this regard is error free, accurate, proper and complete at all points of time. The Customer agrees that ICICI Securities is providing the Services at the Customer's sole risk. The Customer agrees that ICICI Securities shall not be liable for any loss, damages or consequences whatsoever arising due to any erroneous or incomplete information or any delay in executing the instructions for reasons beyond the control of ICICI Securities. The Customer shall be liable and responsible to ICICI Securities and accede to accept ICICI Securities's instructions without questions for any unfair or unjust gain obtained by him in the course of availing of the Services.
- It may also be possible that the site of ICICI Securities may require maintenance or is otherwise down or there is a technical failure and during such time it may not be possible to process the request of the Customers. This could result in delays in the processing of instructions or failure in the processing of instructions and other such failures and inability. The Customer understands that ICICI Securities disclaims all and any liability, whether direct or indirect, whether arising out of loss of profit or otherwise arising out of any failure or inability by ICICI Securities to honour any Customer instruction for whatsoever reason. The Customer unequivocally and unconditionally understands and accepts that ICICI Securities shall not be responsible for any of the aforesaid risks. The Customer also accepts that ICICI Securities shall disclaim all liability in respect of the said risks.
The Customer agrees that the Registered ICICI Securities Number on the WhatsApp platform cannot be used for grievance redressal or reporting fraud as of now, ICICI Securities will have no liability on reporting of such incidents received through WhatsApp. The Customer may call Customer Care number or email at headservicequality@icicisecurities.com or visit www.icicidirect.com in case of any clarifications.
These WhatsApp Terms and Conditions may be withdrawn, superseded or modified at any time whatsoever, by ICICI Securities without any prior notice.

10. THIRD PARTY

WhatsApp is owned by a third-party unaffiliated with ICICI Securities. The Customer shall independently be guided by the privacy policies of WhatsApp and the third parties or group companies of WhatsApp and ICICI Securities has no control over them. ICICI Securities is not responsible for the privacy or security policies at these sites or other third-party sites that may be linked to within ICICI Securities's social media channels. The Customer should always review the privacy and security practices and policies of each third-party site you visit. ICICI Securities does not endorse and is not responsible for any ads, content, products, advice, opinions, recommendations or other material of third-party sites that may be promoted via advertising within any social media channels.

The Customer further understands and agree that WhatsApp or any other service provider through which we are providing the WhatsApp facility can review and monitor, store the contents shared/communicated through the WhatsApp or other service provider(s) and may share the same with third parties.

Hence, we strongly recommend that you:

Never share privacy-sensitive details via WhatsApp messages/ through the WhatsApp facility.
That we will not send messages of our own accord this way and will only respond to the messages sent to us except for any important communication and awareness messages.
Not to contact us through the WhatsApp channel for complaints, grievances or similar important matters.

11. DISCLAIMER OF LIABILITY

ICICI Securities shall not be responsible for any failure on the part of the Customer to utilize the WhatsApp facility due to the Customer not being within the geographical range within which the WhatsApp facility is offered and which forms part of the roaming network of such cellular service provider, providing services to the Customer availing such roaming facility from the respective cellular service provider. If the customer has reason to believe that the mobile phone number is / has been allotted to another person and / or there has been an unauthorized transaction in the account and / or his mobile phone handset is lost, he shall immediately inform ICICI Securities of the same.

The Customer agrees that ICICI Securities shall not be liable if:

the Customer has breached any of the terms and conditions, contained herein or
the Customer has contributed to or the loss is a result of failure on part of the Customer to advise ICICI Securities within a reasonable time about unauthorized access of or erroneous transactions by use of the Services; or
as a result of failure on part of the Customer to advise ICICI Securities of a change in or termination of the Customer's mobile phone numbers/SIM ("Subscriber Identity Module") cards.
there has been an unauthorized transaction/instruction provided through the WhatsApp channel as a result of any person having control or custody of telecommunications instrument (such as the mobile handset) so that such instrument may be used to give telecommunications instruction without authorization or any other issue/default/error/technological problem in the telecommunication instrument (such as the mobile handset) or duplication of mobile number / SIM of the Customer such as but not limited to SIM card cloning, virus in handset etc.

ICICI Securities shall endeavor to provide the WhatsApp facility on a best effort basis and the Customer shall not hold ICICI Securities liable for non-availability of the WhatsApp facility or non-performance by service providers, if any, engaged by ICICI Securities or any loss or damage caused to the Customer as a result of use of the WhatsApp facility for causes which are not attributable to ICICI Securities. ICICI Securities shall not be liable in any manner to the Customer in connection with the use of the WhatsApp facility.

ICICI Securities shall endeavor to carry out the instructions received from the Customer through the WhatsApp channel promptly, provided that ICICI Securities, shall not be responsible for the delay in carrying out such instructions due to any reason whatsoever, including, but not limited to, failure of operational system or any requirement of law or ICICI Securities's internal policies.

The Customer accepts that each WhatsApp communication may contain certain account information relating to the Customer. The Customer authorizes ICICI Securities to send account related information, though not specifically requested, if ICICI Securities deems that the same is relevant.

ICICI Securities shall not be held responsible for the confidentiality, secrecy and security of the personal or account information being sent through the WhatsApp facility. The Customer agrees that the access to the WhatsApp facility shall be only through the Registered Customer Number and any transaction which originates from the same, whether initiated by the Customer or not, shall be deemed to have originated from the Customer.

Under no circumstance, ICICI Securities shall be held liable if the WhatsApp facility is not available for reasons including but not limited to natural calamities, epidemic/pandemic, legal restraints, faults in the telecommunication network or network failure, or any other reason beyond the control of ICICI Securities. ICICI Securities shall not be liable under any circumstances for any damages whatsoever whether such damages are direct, indirect, incidental consequential and irrespective of whether any claim is based on loss of revenue, interruption of business or any loss of any character or nature whatsoever and whether sustained by the Customer or by any other person. Illegal or improper use of the WhatsApp facility shall render the customer liable for payment of financial charges as decided by ICICI Securities or will result in suspension of the WhatsApp facility for the Customer.

ICICI Securities is in no way liable for any error or omission in the services provided by any cellular or any third party service provider (whether appointed by ICICI Securities in that behalf or otherwise) to the Customer, which may affect the WhatsApp facility.

ICICI Securities, does not warrant the confidentiality or security of the messages whether personal or otherwise transmitted through the WhatsApp facility. ICICI Securities makes no warranty or representation of any kind in relation to the system and the network or their function or performance or for any loss or damage whenever and howsoever suffered or incurred by the Customer or by any person resulting from or in connection with the WhatsApp facility.

Without limitation to the other provisions of these WhatsApp Terms and Conditions, ICICI Securities, its employees, agent or contractors, shall not be liable for and in respect of any loss or damage whether direct, indirect or consequential, including but not limited to loss of revenue, profit, business, contracts, anticipated savings or goodwill, loss of use or value of any equipment including software, whether foreseeable or not, suffered by the Customer or any person howsoever arising from or relating to any delay, interruption, suspension, resolution or error of ICICI Securities in receiving and processing the request and in formulating and returning responses or any failure, delay, interruption, suspension, restriction, or error in transmission of any information or message to and from the telecommunication equipment of the Customer and the network of any cellular service provider and ICICI Securities's system or any breakdown, interruption, suspension or failure of the telecommunication equipment of the Customer, ICICI Securities's system or the network of any cellular service provider and/or any third party who provides such services as is necessary to provide the WhatsApp.

Notwithstanding anything in the contrary provided in this terms and conditions, ICICI Securities shall not be involved in or in any way liable to the Customer for any dispute between the Customer and a cellular service provider or any third party service provider or WhatsApp (whether appointed by ICICI Securities for such purpose or otherwise) while availing these Services through the WhatsApp platform.

The Customer shall not interfere with or misuse in any manner whatsoever the WhatsApp facility and in the event of any damage due to improper or fraudulent use by the Customer, the Customer shall be liable for damages to ICICI Securities or for any losses suffered by ICICI Securities.

The Customer is solely responsible for protecting his/her OTP/debit card PIN/ password or mobile phone number and any other password and/or any other mode of verification as prescribed/ issued by ICICI Securities for the use of the WhatsApp facility from time to time without any liability of ICICI Securities in this regard. The Customer hereby agrees and accepts that he/she shall at all times be solely responsible for the protection and safe keep of his/her SIM card, Device and the applications installed thereon, specifically WhatsApp, login IDs, Customer Information, security details and passwords as mentioned hereinabove and hereby fully agrees that ICICI Securities shall in no manner be liable for any direct or indirect or consequential or other loss arising out of any action or omission because of compromise of the same in any manner whatsoever.

The Customer agrees that ICICI Securities assumes no liability whatsoever in case of any event of such compromise of the Customer's WhatsApp and ICICI Securities shall not be held responsible for any such event. Further, the Customer agrees and understands that WhatsApp can also be logged on from more than one device at the same time, including by using web log in and the Customer is aware of the risk in this regard while availing the Services such as compromise of Customer Information, breach of security of the Customer's WhatsApp account from a device other than the Customers and the Customer undertakes to be vigilant and careful and takes full responsibility for the security of his/her WhatsApp account. ICICI Securities shall not be responsible or liable to you or any third party for the consequences arising out of or in connection with using of this Service.

ICICI Securities will not be liable for:

any unauthorized use of the customer's password or mobile phone number or for any fraudulent, duplicate or erroneous instructions given on the WhatsApp channel;
acting in good faith on any instructions received by ICICI Securities from or on behalf of the Customer in relation to the WhatsApp facility;
error, default, delay or inability of ICICI Securities to act on all or any of the instructions given by the Customer due to any reason;
loss of any information/instructions in transmission;
unauthorized access by any other person to any information /instructions given by the Customer or breach of confidentiality;

ICICI Securities makes no representation or gives no warranty with respect to the quality of the service provided by any cellular service provider or by WhatsApp or any other service provider enabling ICICI Securities to deliver services through WhatsApp to the Customers.

ICICI Securities may provide any other services as a part of the WhatsApp facility and ICICI Securities shall not be liable for the oversight on part of the Customer to update himself /herself with the addition of services which have been included in the WhatsApp facility.

12. INDEMNITY

In consideration of ICICI Securities providing the WhatsApp facility, the Customer, at his own expense, agrees to indemnify, defend and hold harmless, ICICI Securities, its directors and employees, representatives, agents, customers and/or the affiliates, as the case may be, against all losses, damages, expenses, actions, claims, demands and proceedings whatsoever, that ICICI Securities may incur, sustain, suffer or be put to at any time as a consequence of acting on or omitting or refusing to act on any instructions given by the Customer or otherwise for use of the WhatsApp facility.

The Customer further specifically agrees to indemnify, defend and hold harmless, ICICI Securities and/or its affiliates from any losses occurring as a result of the:

the Customer permitting any third parties to use the WhatsApp facility.
the Customer permitting any other person to have access to his mobile phone or as a consequence of leaving the mobile phone unattended or loss of mobile phone and ICICI Securities acting/not acting on any instructions received from the same.
the Customer having breached the WhatsApp Terms and Conditions.

13. TERMINATION

ICICI Securities may, at its discretion, withdraw temporarily or terminate the WhatsApp facility, either wholly or in part, at any time without giving prior notice to the Customer. ICICI Securities may, without prior notice, suspend the WhatsApp facility at any time during which any maintenance work or repair is required to be carried out or in case of any emergency or for security reasons, which require the suspension of the WhatsApp facility.

ICICI Securities may suspend or terminate WhatsApp facility without prior notice if the Customer has breached these WhatsApp Terms and Conditions or ICICI Securities learns of the death, bankruptcy.

14. PROPRIETARY RIGHTS

The Customer acknowledges that the software/ other internet related software which are required for providing the Services or any Intellectual Property Rights of ICICI Securities in the process are the legal property of ICICI Securities/ respective service providers. The permission given by ICICI Securities to avail of the Services to the Customer will/ does not create or convey any rights, title or interest to the Customer or to any person, in the above software or Intellectual Property Rights of ICICI Securities. The Customer agrees that he shall not attempt to modify, translate, disassemble, decompile or reverse engineer such software or create any derivative product based on the software.

15. DISCLOSURE

The Customer hereby expressly authorize and give consent to ICICI Securities to share, exchange, disclose, transfer or part with any of Trading Account information or personal data, contained provided to/ available with ICICI Securities, when ICICI Securities considers such disclosure as necessary or expedient, with:

WhatsApp, employees or agents of ICICI Securities, group entities, subsidiaries, branches in any jurisdiction;
Auditors, KYC Registration Agency, any court or tribunal or any statutory, regulatory, judicial, governmental or administrative authority Central KYC registry, SEBI Know your client registration agency having jurisdiction over ICICI Securities or its group entities/subsidiaries/branches;
Service providers or any such person with whom ICICI Securities contracts or proposes to contract in relation to the provision of services in respect of the account or facilities;

For the purpose: -

of compliance with applicable laws or any order (judicial or otherwise), statutory or regulatory requirement to which ICICI Securities, it's subsidiaries or any it's branches are subject to; or
of facilitating transactions through the WhatsApp platform or otherwise; or
for authentication or verification purposes, or
research, risk management, anti-money laundering checks or
to design financial services and to offer an enhanced, personalized online experience on the Website and third party websites or otherwise.
for enabling registration/verification/offering of any products or any investments to be made by the Customer with ICICI Securities's group companies/other companies.

16. GOVERNING LAW

These WhatsApp terms and conditions shall be governed by laws of India. Any dispute or differences arising out of or in connection with the WhatsApp facility shall be subject to the exclusive jurisdiction of the Courts of Mumbai. ICICI Securities accepts no liability whatsoever, direct or indirect for noncompliance with the laws of any country other than that of India. The mere fact that the WhatsApp facility can be accessed by a Customer in a country other than India does not imply that the laws of the said country govern these terms and conditions and / or the operations in the account/s/services/offers provided to the customer and / or the use of the WhatsApp facility.

DISCLAIMER:

ICICI Securities may, at its sole discretion, utilize the services of external service provider/s or agent/s and on such terms as required or necessary, in relation to its products/ services provided.
WhatsApp or any other service provider through which we are providing the WhatsApp facility can/may review and monitor, store the contents (including text, images, videos or other materials) shared/communicated through the WhatsApp platform or other service provider(s) and may share/disclose the same with third parties.
ICICI Securities shall not be involved in or in any way liable to the Customer for any dispute between the Customer and a cellular service provider or any third party service provider or WhatsApp (whether appointed by ICICI Securities for such purpose or otherwise) while availing these Services through the WhatsApp platform and the Customer agrees to directly take up any claim/dispute with respect to the usage of WhatsApp platform directly with WhatsApp.

I accept the terms and conditions and I have read the privacy policy.

Patanjali Foods Ltd. 04 Jun 2026 11:25 AM

Result PDF

Edible Oils company Patanjali Foods Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations: Stood at Rs 11,15,560.31 lakh in Q4FY26, reflecting a YoY growth of 17.28% compared to Rs 9,51,194.55 lakh in Q4FY25, and a QoQ growth of 6.41% from Rs 10,48,371.04 lakh in Q3FY26. For FY26, annual revenue grew to Rs 40,16,957.81 lakh from Rs 33,75,825.47 lakh in FY25.
Total Income: Reached Rs 11,21,217.23 lakh in Q4FY26, registering an increase of 17.23% YoY (from Rs 9,56,447.17 lakh in Q4FY25) and a 6.37% growth QoQ (from Rs 10,54,112.20 lakh in Q3FY26). For FY26, total income stood at Rs 40,34,778.28 lakh against Rs 33,89,068.88 lakh in FY25.
Profit After Tax: Reported at Rs 52,397.55 lakh in Q4FY26, up by 46.15% YoY from Rs 35,851.90 lakh in Q4FY25, but down by 11.70% QoQ from Rs 59,344.34 lakh in Q3FY26. For FY26, the profit after tax increased to Rs 1,81,447.47 lakh compared to Rs 1,30,070.64 lakh in FY25.

Standalone Financial Highlights:

Revenue from Operations: Stood at Rs 11,15,560.31 lakh in Q4FY26, marking a YoY growth of 17.28% from Rs 9,51,194.55 lakh in Q4FY25, and an increase of 6.41% QoQ from Rs 10,48,371.04 lakh in Q3FY26. For FY26, revenue stood at Rs 40,16,957.81 lakh (up 18.99% YoY) from Rs 33,75,825.47 lakh in FY25.
Total Income: Recorded at Rs 11,21,217.23 lakh in Q4FY26, an increase of 17.23% YoY from Rs 9,56,447.17 lakh in Q4FY25, and a 6.37% increase QoQ from Rs 10,54,112.20 lakh in Q3FY26. For FY26, total income stood at Rs 40,34,778.28 lakh, compared to Rs 33,89,068.88 lakh in FY25.
Profit After Tax: Recorded at Rs 52,401.94 lakh in Q4FY26, a significant YoY growth of 46.16% from Rs 35,853.64 lakh in Q4FY25, and a QoQ decline of 11.75% from Rs 59,375.85 lakh in Q3FY26. For FY26, profit after tax stood at Rs 1,81,487.35 lakh, growing from Rs 1,30,134.16 lakh in FY25.

Business Highlights & Segment-wise Performance:

Overall Margins & Profitability: In Q4FY26, Gross Profit stood at Rs 1,398.54 crore with a margin of 12.47%. Quarterly EBITDA (excluding exceptional items) stood at Rs 501.96 crore, translating to a margin of 4.48%. FY26 total EBITDA (excluding exceptional items) stood at Rs 1,931.52 crore with a margin of 4.79%.
FMCG Segment: Generated Q4FY26 revenue of Rs 2,890.46 crore, registering a YoY growth of 13.81%. The quarterly segmental EBITDA stood at Rs 292.16 crore (10.11% margin). For FY26, the segment recorded Rs 11,188.25 crore in revenue (19.95% YoY growth). This segment contributed 25.76% to the total Revenue from Operations and accounted for 57.62% of the EBITDA during Q4FY26.
Edible Oil Segment: Revenue grew by 23.28% YoY and 13.47% QoQ, recording Rs 8,324.11 crore in Q4FY26, with an EBITDA of Rs 214.99 crore (2.58% margin). Branded edible oils accounted for around 75% of total sales. For FY26, the segment grew by 18.39% to generate Rs 29,313.54 crore in revenue.
Biscuits Portfolio: Recorded revenues of Rs 477.89 crore in Q4FY26 (13.97% YoY growth) and achieved its highest-ever annual revenue of Rs 1,907.81 crore in FY26 (15.89% growth). The ‘Doodh’ biscuit brand crossed Rs 1,300 crore in annual sales.
Staple Portfolio: Generated quarterly revenues of Rs 848.83 crore and annual revenues of Rs 3,658.24 crore.
Home and Personal Care Category: Reported Q4FY26 revenues of Rs 840.50 crore (35.42% YoY growth), led by Dental Care (Rs 425.97 crore), Skin Care (Rs 239.75 crore), Home Care (Rs 97.82 crore), and Hair Care/Other Products (Rs 76.96 crore). The annual revenue for this category was Rs 2,660.83 crore.
Ghee Division: Reported quarterly revenues of Rs 338.91 crore and annual revenues of Rs 1,423.86 crore.
Textured Soya Products: Achieved revenue of Rs 106.39 crore in Q4FY26 and Rs 526.78 crore in FY26.
Nutraceuticals: Generated revenues of Rs 17.94 crore in Q4FY26 and Rs 58.02 crore in FY26.
Other Food Categories: Collectively generated revenues of Rs 260.0 crore during Q4FY26.
Wind Turbine Power Generation Segment: Reported quarterly revenues of Rs 4.52 crore.
Oil Palm Plantation: Contributed Rs 185.15 crore in Q4FY26 and Rs 1,792.58 crore in FY26. The cultivated area spread over 12 states stood at 1,10,722 hectares, registering a 23.65% YoY growth.
Exports: Quarterly export revenues stood at Rs 32.03 crore, while annual export revenues reached Rs 187.77 crore across 37 countries.
Dividends: The Board of Directors declared a 2nd interim dividend of Rs 1.75 per equity share (face value of Rs 2 each), bringing the total declared dividend for FY26 to Rs 3.50 per equity share.

Sanjeev Asthana, Chief Executive Officer, Patanjali Foods, said: “In the March quarter, the domestic demand landscape maintained its momentum and remained structurally strong. Consumption trends were supported by accelerated channel off-takes post GST-related normalization. Rural demand maintained its resilience. Urban consumption also saw an uptick, aided by recent tax benefits and the ease of use offered by alternative distribution channels. A short-term uptick in offtake was observed in March. The healthy performance of the edible oil business was a key contributor to Q4FY26 results, reflecting the effectiveness of the Company’s strategic initiatives and execution."

Result PDF

Q4FY26 & FY26 Result Announced for Linde India Ltd.

Industrial Gases company Linde India announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations: Stood at Rs 6,143.33 million in Q4FY26, witnessing an increase of 3.79% YoY compared to Rs 5,918.75 million in Q4FY25, but marking a decline of 12.37% QoQ from Rs 7,010.34 million in Q3FY26. For FY26, revenue increased by 1.82% YoY to Rs 25,306.40 million against Rs 24,853.76 million in FY25.
Total Income: Reported at Rs 6,202.63 million in Q4FY26, growing by 2.55% YoY from Rs 6,048.38 million in Q4FY25, while dropping 12.08% QoQ from Rs 7,054.75 million in Q3FY26. For FY26, total income slightly declined by 0.17% YoY to Rs 25,488.80 million compared to Rs 25,532.15 million in FY25.
Net Profit: Amounted to Rs 774.46 million in Q4FY26, reflecting a YoY decline of 34.60% from Rs 1,184.12 million in Q4FY25, and a QoQ decrease of 59.94% from Rs 1,933.25 million in Q3FY26. However, on an annual basis, FY26 net profit surged by 20.69% YoY to Rs 5,489.65 million from Rs 4,548.45 million in FY25.

Standalone Financial Highlights:

Revenue from Operations: Recorded at Rs 6,143.33 million in Q4FY26, up by 3.79% YoY from Rs 5,918.75 million in Q4FY25, but down by 12.37% QoQ from Rs 7,010.34 million in Q3FY26. For FY26, revenue stood at Rs 25,306.40 million, an increase of 1.82% YoY from Rs 24,853.76 million in FY25.
Total Income: Stood at Rs 6,202.63 million in Q4FY26, showing a 2.55% YoY increase against Rs 6,048.38 million in Q4FY25, and a 17.79% QoQ decline from Rs 7,544.95 million in Q3FY26. For FY26, total income grew by 1.75% YoY to Rs 25,979.00 million from Rs 25,532.15 million in FY25.
Net Profit: Stood at Rs 851.96 million in Q4FY26, registering a YoY drop of 27.74% from Rs 1,179.02 million in Q4FY25 and a QoQ decline of 55.53% from Rs 1,915.90 million in Q3FY26. For FY26, net profit recorded strong growth, rising by 23.01% YoY to Rs 5,508.74 million from Rs 4,478.13 million in FY25.

Business Highlights:

Gases, Related Products & Services Segment: Revenue for this segment in Q4FY26 was Rs 5,237.65 million, indicating a modest YoY increase of 1.52% from Rs 5,159.14 million in Q4FY25, but a QoQ decrease of 3.77% from Rs 5,443.00 million in Q3FY26. For FY26, the segment’s revenue expanded by 4.29% YoY to Rs 21,281.84 million against Rs 20,407.37 million in FY25.
Project Engineering Segment: Revenue generated in Q4FY26 stood at Rs 2,233.18 million, down by 17.60% YoY from Rs 2,710.10 million in Q4FY25 and down by 19.74% QoQ from Rs 2,782.42 million in Q3FY26. For FY26, the segment posted a revenue of Rs 9,806.14 million, representing a YoY decline of 11.27% from Rs 11,052.04 million in FY25.
Dividend Recommendation: The Board of Directors recommended a total dividend of 120% (i.e., Rs 12/- per equity share), which includes a special dividend of 80% (i.e., Rs 8/- per equity share) on 85,284,223 fully paid-up equity shares of Rs 10/- each for the financial year ended 31st March 2026.

Result PDF

Q4FY26 & FY26 Result Announced for Indian Renewable Energy Development Agency Ltd.

Financial Institution Indian Renewable Energy Development Agency announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from Operations: Stood at Rs 2,175.33 crore in Q4FY26, witnessing a YoY growth of 14.19% compared to Rs 1,905.06 crore in Q4FY25, and a QoQ growth of 2.12% compared to Rs 2,130.19 crore in Q3FY26.
Total Income: Reached Rs 2,181.28 crore, representing an increase of 13.87% YoY (from Rs 1,915.64 crore in Q4FY25) and an increase of 1.93% QoQ (from Rs 2,139.92 crore in Q3FY26).
Profit Before Tax (PBT): Reported at Rs 619.14 crore, registering a YoY decline of 1.68% compared to Rs 629.73 crore in Q4FY25, and a QoQ decline of 13.67% from Rs 717.20 crore in Q3FY26.
Profit for the Period (PAT): Stood at Rs 492.63 crore, reflecting a YoY drop of 1.78% (vs Rs 501.55 crore in Q4FY25) and a QoQ decline of 15.81% (vs Rs 585.16 crore in Q3FY26).

FY26 Consolidated Financial Highlights:

Revenue from Operations: Grew by 23.24% YoY to Rs 8,310.41 crore in FY26, up from Rs 6,743.32 crore in FY25.
Total Income: Increased by 23.44% YoY to Rs 8,338.89 crore, compared to Rs 6,755.69 crore in the previous financial year.
Profit Before Tax (PBT): Reached Rs 2,337.58 crore, marking a YoY growth of 11.13% over Rs 2,103.54 crore reported in FY25.
Profit for the Year (PAT): Stood at Rs 1,874.00 crore, delivering a 10.34% YoY growth compared to Rs 1,698.34 crore in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from Operations: Reached Rs 2,174.95 crore, increasing by 14.22% YoY (vs Rs 1,904.15 crore in Q4FY25) and 2.12% QoQ (vs Rs 2,129.87 crore in Q3FY26).
Total Income: Stood at Rs 2,180.90 crore, up by 13.90% YoY (vs Rs 1,914.73 crore in Q4FY25) and 1.93% QoQ (vs Rs 2,139.60 crore in Q3FY26).
Profit Before Tax (PBT): Reported at Rs 619.26 crore, down 1.70% YoY (vs Rs 629.98 crore in Q4FY25) and 13.62% QoQ (vs Rs 716.95 crore in Q3FY26).
Profit for the Period (PAT): Stood at Rs 492.75 crore, displaying a YoY decline of 1.80% (vs Rs 501.79 crore in Q4FY25) and a QoQ decline of 15.76% (vs Rs 584.91 crore in Q3FY26).

FY26 Standalone Financial Highlights:

Revenue from Operations: Grew to Rs 8,309.00 crore, a rise of 23.23% from Rs 6,742.41 crore in FY25.
Total Income: Amounted to Rs 8,337.48 crore, increasing by 23.43% from Rs 6,754.78 crore in FY25.
Profit Before Tax (PBT): Stood at Rs 2,336.92 crore, marking an 11.08% YoY increase over Rs 2,103.80 crore in FY25.
Profit for the Year (PAT): Reported at Rs 1,873.34 crore, registering a 10.29% YoY growth from Rs 1,698.60 crore in FY25.

Business Highlights:

Segment-wise Performance: The Company's primary business is providing finance for Renewable Energy & related projects, with all activities carried out in India. Accordingly, there are no separate reportable segments as per Ind AS 108.
Dividend Announcement: The Board of Directors recommended a final dividend of Rs 0.75 per equity share (on the face value of Rs 10/- each) for FY26. The total dividend for the financial year amounts to Rs 1.35 per equity share, which includes the interim dividend of Rs 0.60 per share.
Equity Fund Raising (QIP): The company allotted 12,14,66,562 equity shares to Qualified Eligible Buyers pursuant to a QIP at a premium of Rs 155.14 per share, aggregating to a total equity fund raise of Rs 2,005.90 crore. Following this QIP, the Government of India's shareholding stands at 71.76% as of March 31, 2026.
Further Fund Raising: The Board of Directors accorded approval to raise additional funds up to Rs 2,994 crore through further QIP tranches, provided the Government of India's shareholding does not dilute more than 3.76% of the post-issue paid-up equity share capital.
Subsidiary Incorporation: The company successfully incorporated a subsidiary, 'IREDA Global Green Energy Finance IFSC Limited', at IFSC GIFT City, Gujarat. The registration certificate to undertake activities as a finance company was received on February 18, 2025.
Asset Quality & Ratios:
- Gross Non-Performing Assets (GNPA) Ratio stood at 3.49%, and Net Non-Performing Assets (NNPA) Ratio stood at 1.29% as of March 31, 2026.
- The company appropriated a difference of Rs 300.46 crore between the impairment allowance under Ind AS 109 and the provisioning required under IRACP norms to its "Impairment Reserve".
Regulatory Benefit: The company adopted the revised RBI risk-weight framework applicable for loans to 'High-Quality Infrastructure Projects', which led to a reduction in risk-weighted assets (RWA) by Rs 7,787.77 crore and an increase in the Capital to Risk (Weighted) Assets Ratio (CRAR) by 1.83%. Including this, the CRAR stood at a strong 20.59% as of March 31, 2026.
Fraud Reporting: During FY26, 2 cases of fraud amounting to Rs 14.80 crore were reported to the RBI. The company also highlighted that a suspected fraud in one borrower group (Gensol) is under investigation, with the loan account downgraded and adequately provisioned for.

Result PDF

Q4FY26 & FY26 Result Announced for NMDC Ltd.

Coal & Mining company NMDC announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from Operations: Stood at Rs 11,343.13 crore in Q4FY26, registering a strong YoY growth of 61.94% compared to Rs 7,004.59 crore in Q4FY25, and a QoQ growth of 49.04% compared to Rs 7,610.79 crore in Q3FY26.
Total Income: Reached Rs 11,775.49 crore, showcasing a YoY increase of 57.07% (from Rs 7,497.17 crore in Q4FY25) and a QoQ increase of 47.50% (from Rs 7,983.38 crore in Q3FY26).
Profit Before Tax (PBT): Reported at Rs 2,872.85 crore, up by 22.88% YoY from Rs 2,337.88 crore in Q4FY25, and higher by 20.97% QoQ from Rs 2,374.84 crore in Q3FY26.
Profit for the Period (PAT): Stood at Rs 2,017.57 crore, reflecting a YoY growth of 36.03% compared to Rs 1,483.18 crore in Q4FY25, and a QoQ growth of 15.49% from Rs 1,747.01 crore in Q3FY26.

FY26 Consolidated Financial Highlights:

Revenue from Operations: Grew by 34.16% YoY to Rs 32,070.89 crore in FY26, compared to Rs 23,905.52 crore in FY25.
Total Income: Increased by 31.61% YoY to Rs 33,559.27 crore, up from Rs 25,498.84 crore in the previous financial year.
Profit Before Tax (PBT): Stood at Rs 10,149.48 crore, marking an 11.00% growth over Rs 9,143.89 crore reported in FY25.
Profit for the Year (PAT): Achieved a healthy growth of 13.40% YoY, rising to Rs 7,414.69 crore in FY26 from Rs 6,538.82 crore in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from Operations: Reached Rs 11,173.14 crore, increasing by 60.69% YoY (vs Rs 6,953.13 crore in Q4FY25) and 49.26% QoQ (vs Rs 7,485.55 crore in Q3FY26).
Total Income: Stood at Rs 11,600.93 crore, up by 55.84% YoY (vs Rs 7,443.91 crore in Q4FY25) and 47.94% QoQ (vs Rs 7,841.81 crore in Q3FY26).
Profit Before Tax (PBT): Reported at Rs 2,875.41 crore, up 22.31% YoY (vs Rs 2,350.86 crore in Q4FY25) and 21.54% QoQ (vs Rs 2,365.90 crore in Q3FY26).
Profit for the Period (PAT): Stood at Rs 2,020.13 crore, displaying a YoY growth of 35.02% (vs Rs 1,496.16 crore in Q4FY25) and a QoQ growth of 16.23% (vs Rs 1,738.07 crore in Q3FY26).

FY26 Standalone Financial Highlights:

Revenue from Operations: Grew to Rs 31,553.70 crore, a rise of 33.32% from Rs 23,668.32 crore in FY25.
Total Income: Amounted to Rs 33,016.71 crore, increasing by 30.71% from Rs 25,258.56 crore in FY25.
Profit Before Tax (PBT): Stood at Rs 10,156.03 crore, marking a 9.23% YoY increase over Rs 9,297.67 crore in FY25.
Profit for the Year (PAT): Reported at Rs 7,421.24 crore, registering a 10.89% YoY growth from Rs 6,692.60 crore in FY25.

Business & Segment Highlights:

Segment-wise Performance:
- Iron Ore: Contributed Rs 7,455.83 crore to revenue in Q4FY26, growing 17.41% YoY and 23.79% QoQ. For FY26, the segment revenue stood at Rs 25,014.72 crore, an increase of 9.20% YoY.
- HR Coil & Sheets: Showcased massive scale-up with Q4FY26 revenue of Rs 2,947.31 crore, jumping 2,765.36% YoY (from Rs 102.86 crore in Q4FY25) and 317.82% QoQ (from Rs 705.40 crore in Q3FY26). FY26 segment revenue hit Rs 3,960.86 crore, a growth of 1,890.58% YoY over Rs 198.98 crore in FY25.
- Pellet, Other Minerals, Products, Services & Others: Q4FY26 revenue was Rs 1,115.55 crore, rising 99.49% YoY and 16.58% QoQ. For FY26, it increased by 275.00% YoY to Rs 3,386.58 crore.
Dividend Announcement: The Board of Directors recommended a final dividend of Rs 1.00 per share (on the face value of Rs 1.00 each) for FY26. Including the interim dividend of Rs 2.50 per share already paid, the total dividend for FY26 amounts to Rs 3.50 per share.
Tokisud North Coal Mine: The groundbreaking for mining operations at the Jharkhand-based coal mine was completed on January 23, 2026. The company commenced overburden removal through a Mine Developer-Cum-Operator in both government and forest lands.
Deposit-4 Mining Lease: The company obtained major statutory approvals (Environmental and Forest Clearances), and the mining lease deed for Deposit-4 was executed and registered on January 21, 2026, marking the commencement of initial mining activities.
RINL Land Lease: The company finalized a 30-year lease agreement with Rashtriya Ispat Nigam Limited (RINL) for approximately 1,167 acres of land, enabling the establishment of various organizational facilities.
Foreign Subsidiary Expansion: Legacy Iron Ore Limited (LIOL), a subsidiary, entered into a joint venture with Hancock Prospecting Pty Ltd to develop its magnetite iron ore assets, positioning it strategically for future growth in Western Australia.

Result PDF

Q4FY26 & FY26 Result Announced for Ipca Laboratories Ltd.

Pharmaceuticals company Ipca Laboratories announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Total Income: Consolidated total income for Q4FY26 was Rs 2,482.22 crore, an increase of 2.88% QoQ from Rs 2,412.69 crore in Q3FY26 and an increase of 9.23% YoY from Rs 2,272.51 crore in Q4FY25. For the full year FY26, consolidated total income was Rs 9,820.78 crore, up 8.73% from Rs 9,032.39 crore in FY25.
Revenue from Operations: Consolidated revenue for Q4FY26 stood at Rs 2,388.48 crore, which was largely flat QoQ (-0.17%) compared to Rs 2,392.50 crore in Q3FY26, and grew 6.31% YoY from Rs 2,246.69 crore in Q4FY25. Annual consolidated revenue for FY26 reached Rs 9,646.33 crore against Rs 8,939.59 crore in FY25.
Net Profit (Attributable to Owners): Consolidated Net Profit for Q4FY26 was Rs 299.07 crore, down 8.34% QoQ from Rs 326.27 crore in Q3FY26 but up 340.98% YoY from Rs 67.82 crore in Q4FY25. For the full year FY26, consolidated Net Profit grew by 54.69% to Rs 1,141.12 crore from Rs 737.68 crore in FY25.
EBITDA: Consolidated EBITDA (before forex gain/loss, other income, and exceptional items) for Q4FY26 was Rs 490.21 crore, up 20% YoY from Rs 409.74 crore in Q4FY25. For FY26, EBITDA grew 18% to Rs 1,998.96 crore from Rs 1,693.13 crore in FY25.
Earnings Per Share (EPS): Consolidated basic EPS for Q4FY26 was Rs 11.79. For the full year FY26, it was Rs 44.98 compared to Rs 29.08 in FY25.

Standalone Financial Highlights:

Total Income: For Q4FY26, standalone total income stood at Rs 1,844.23 crore, representing a decrease of 1.01% QoQ compared to Rs 1,863.00 crore in Q3FY26, and an increase of 11.10% YoY from Rs 1,659.93 crore in Q4FY25. For the full year FY26, total income reached Rs 7,431.39 crore, up 10.11% from Rs 6,749.21 crore in FY25.
Revenue from Operations: In Q4FY26, standalone revenue was Rs 1,814.35 crore, down 1.67% QoQ from Rs 1,845.18 crore in Q3FY26 and up 10.74% YoY from Rs 1,638.44 crore in Q4FY25. Annual revenue for FY26 stood at Rs 7,336.75 crore compared to Rs 6,677.92 crore in FY25.
Net Profit: The standalone Net Profit for Q4FY26 was Rs 262.29 crore, a decline of 13.56% QoQ from Rs 303.45 crore in Q3FY26, but showing a significant recovery compared to a loss of Rs 65.05 crore in Q4FY25. For the full year FY26, Net Profit grew by 74.03% to Rs 1,132.52 crore from Rs 650.76 crore in FY25.
Earnings Per Share (EPS): Basic EPS for Q4FY26 was Rs 10.34. For the full year FY26, basic EPS stood at Rs 44.64 compared to Rs 25.65 in FY25.

Business Highlights

Segment Performance: The group operates in a single reportable segment, namely "Pharmaceuticals".
Geographic Performance (Q4FY26):
- Indian Formulations: Income grew by 12% YoY to Rs 853.33 crore.
- Exports Income: Total export formulations and APIs grew by 9% YoY to Rs 845.53 crore. Branded formulations exports grew by 14% to Rs 190.17 crore, while Generics formulations exports surged 39% to Rs 341.02 crore.
Yearly Revenue Break-up (FY26):
- Domestic Formulations: Rs 3,817.24 crore, up 10% YoY.
- Export Formulations: Rs 2,082.58 crore, up 10% YoY.
- Export APIs: Rs 1,046.85 crore, up 18% YoY.
Dividend: The Board has recommended a dividend of Rs 6/- per share of Re 1/- each (600%) for the financial year ended March 31, 2026.
Exceptional Items: For FY26, the company recorded an exceptional charge of Rs 45.82 crore (Consolidated) and Rs 30.42 crore (Standalone) related to the "Impact of new Labour Codes" due to revised pay structures and enhanced employee benefits.
Subsidiary Developments: During the year, the company acquired a 100% equity interest in Unichem Laboratories Limited, Ireland, and incorporated a wholly-owned subsidiary in Germany.

Result PDF

Q4FY26 & FY26 Result Announced for Aegis Vopak Terminals Ltd.

Marine Port & Services company Aegis Vopak Terminals announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from operations: Stood at Rs 24,345.17 lakh in Q4FY26, reflecting a YoY growth of 22.23% from Rs 19,916.92 lakh in Q4FY25, and a QoQ increase of 1.69% compared to Rs 23,941.06 lakh in Q3FY26.
Total Income: Reached Rs 24,780.19 lakh in Q4FY26, registering a YoY increase of 15.14% from Rs 21,520.92 lakh in Q4FY25, and a QoQ growth of 1.70% from Rs 24,365.75 lakh in Q3FY26.
Profit before tax (PBT): Reported at Rs 8,709.88 lakh for Q4FY26, demonstrating a YoY growth of 15.82% from Rs 7,520.14 lakh in Q4FY25, but a QoQ decline of 18.87% from Rs 10,736.21 lakh in Q3FY26.
Profit for the period (PAT): Recorded at Rs 7,387.37 lakh in Q4FY26, up 15.29% YoY from Rs 6,407.92 lakh in Q4FY25, and down 17.04% QoQ from Rs 8,904.27 lakh in Q3FY26.

FY26 Consolidated Financial Highlights:

Revenue from operations: Increased to Rs 92,307.82 lakh in FY26, marking a YoY growth of 16.96% compared to Rs 78,921.21 lakh in FY25.
Total Income: Stood at Rs 96,054.37 lakh for FY26, representing a YoY growth of 17.02% from Rs 82,084.30 lakh in FY25.
Profit before tax (PBT): Surged to Rs 40,645.46 lakh in FY26, a substantial YoY increase of 53.15% from Rs 26,539.45 lakh in FY25.
Profit for the year (PAT): Grew significantly to Rs 34,192.13 lakh in FY26, up 52.07% YoY from Rs 22,484.13 lakh in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from operations: Reported at Rs 17,740.31 lakh in Q4FY26, showing a strong YoY growth of 36.36% from Rs 13,009.94 lakh in Q4FY25, and a QoQ increase of 7.26% from Rs 16,538.83 lakh in Q3FY26.
Total Income: Reached Rs 29,723.22 lakh in Q4FY26, a massive YoY jump of 104.29% from Rs 14,549.51 lakh in Q4FY25, and a QoQ growth of 75.10% from Rs 16,975.29 lakh in Q3FY26.
Profit before tax (PBT): Stood at Rs 17,189.55 lakh in Q4FY26, reflecting an exceptional YoY surge of 307.47% from Rs 4,218.62 lakh in Q4FY25, and a QoQ increase of 161.46% from Rs 6,574.56 lakh in Q3FY26.
Profit for the period (PAT): Recorded at Rs 13,003.54 lakh in Q4FY26, up 267.42% YoY from Rs 3,539.14 lakh in Q4FY25, and growing 154.49% QoQ from Rs 5,109.59 lakh in Q3FY26.

FY26 Standalone Financial Highlights:

Revenue from operations: Stood at Rs 64,212.48 lakh in FY26, a YoY increase of 23.96% from Rs 51,799.75 lakh in FY25.
Total Income: Grew to Rs 78,065.79 lakh in FY26, up 42.22% YoY from Rs 54,889.65 lakh in FY25.
Profit before tax (PBT): Reached Rs 35,709.79 lakh in FY26, a massive YoY leap of 159.68% compared to Rs 13,751.44 lakh in FY25.
Profit for the year (PAT): Stood at Rs 27,278.53 lakh in FY26, representing an impressive YoY growth of 151.76% from Rs 10,835.20 lakh in FY25.

Business Highlights:

Segment-wise Performance:
- Liquid Terminal Division: Revenue stood at Rs 12,107.34 lakh in Q4FY26 (up 31.04% YoY). For the full year FY26, revenue was Rs 44,047.40 lakh (up 27.77% YoY). The segment result (profit) for FY26 was Rs 20,308.99 lakh.
- Gas Terminal Division: Revenue stood at Rs 12,237.83 lakh in Q4FY26 (up 14.61% YoY). For the full year FY26, revenue was Rs 48,260.42 lakh (up 8.58% YoY). The segment result (profit) for FY26 was Rs 31,758.16 lakh.
Dividend: The Board of Directors recommended a final dividend of 2%, i.e., Rs 0.2/- per equity share (face value of Rs 10 each) for the financial year ended March 31, 2026.
Strategic Acquisitions/Restructuring:
- Aegis Terminal (Pipavav) Limited ("ATPL") became a subsidiary of Aegis Vopak Terminals Limited ("AVTL") with effect from November 13, 2025.
- Hindustan Aegis LPG Limited ("HALPG") also became a subsidiary of AVTL with effect from January 06, 2026.
- On March 27, 2026, AVTL entered into a Share Purchase Agreement to transfer 5,000 Equity shares representing 10% of the paid-up share capital of ATPL to Itochu Corporation.
Auditor Appointment: The Board approved the appointment of M/s. Natwarlal Vyapari & Co. LLP as Internal Auditors for the financial year 2026-27.

Result PDF

Q4FY26 & FY26 Result Announced for Bharat Dynamics Ltd.

Aerospace & Defence company Bharat Dynamics announced Q4FY26 & FY26 results

Q4FY26 Financial Highlights:

Revenue from operations: Stood at Rs 48,862.34 lakh in Q4FY26, representing a significant YoY decline of 72.86% compared to Rs 1,80,054.57 lakh in Q4FY25, and a QoQ decrease of 10.93% from Rs 54,856.26 lakh in Q3FY26.
Total Income: Reached Rs 59,936.89 lakh in Q4FY26, dropping 68.06% YoY from Rs 1,87,654.50 lakh in Q4FY25, and falling 9.71% QoQ compared to Rs 66,380.29 lakh in Q3FY26.
Profit Before Tax: Reported at Rs 15,389.41 lakh in Q4FY26, which is a YoY decrease of 59.30% from Rs 37,817.50 lakh in Q4FY25, but reflects a QoQ growth of 49.15% from Rs 10,317.85 lakh in Q3FY26.
Profit for the period (PAT): Recorded at Rs 11,318.21 lakh in Q4FY26, marking a YoY decline of 58.51% from Rs 27,277.19 lakh in Q4FY25, but registering a strong QoQ increase of 55.21% from Rs 7,292.20 lakh in Q3FY26.
Earnings per share (EPS): Basic and diluted EPS stood at Rs 3.09 in Q4FY26, compared to Rs 7.44 in Q4FY25 and Rs 1.99 in Q3FY26.

FY26 Financial Highlights:

Revenue from operations: Reached Rs 2,41,535.96 lakh in FY26, declining by 27.32% YoY from Rs 3,32,307.29 lakh in FY25.
Total Income: Stood at Rs 2,86,556.13 lakh in FY26, a YoY decrease of 22.46% compared to Rs 3,69,545.33 lakh in FY25.
Profit Before Tax: Reported at Rs 56,782.02 lakh in FY26, dropping 24.17% YoY from Rs 74,876.26 lakh in FY25.
Profit for the period (PAT): Reached Rs 42,033.76 lakh in FY26, a YoY decline of 23.53% from Rs 54,964.52 lakh in FY25.
Earnings per share (EPS): Basic and diluted EPS for the year stood at Rs 11.47 in FY26, down from Rs 14.99 in FY25.

Business Highlights:

Dividend Announcement: The Board of Directors has recommended a final dividend of Rs 0.40 per equity share (face value of Rs 5 each) for the year ended 31 March 2026. This comes in addition to an interim dividend of Rs 4.50 per equity share paid earlier in February 2026.
Impact of Labour Codes: Following the Government of India's notification of provisions under various Labour Codes (like the Code on Wages 2019, Social Security 2020, etc.), the Company assessed the financial impact, resulting in an additional liability of Rs 703.65 lakh.
Inventory & Advances: The company reported non-moving inventories for more than 5 years amounting to Rs 8,327.07 lakh. These were procured based on firm orders/LOI that were subsequently short-closed. However, the company holds customer advances of Rs 36,234.42 lakh against these contracts, eliminating the need to create any provision for redundancy.
Segment-wise Performance: Pursuant to the Ministry of Corporate Affairs (MCA) notification, Government companies engaged in defence production are exempted from the requirement of Segment Reporting. Consequently, no segment-wise data has been presented.

Result PDF

Q4FY26 & FY26 Result Announced for Alkem Laboratories Ltd.

Pharmaceuticals company Alkem Laboratories announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from Operations: Stood at Rs 36,033.2 million in Q4FY26, reflecting a YoY growth of 14.6% from Rs 31,437.5 million in Q4FY25, and a QoQ decline of 3.6% from Rs 37,368.2 million in Q3FY26.
Total Income: Reached Rs 38,033.9 million in Q4FY26, up 15.6% YoY from Rs 32,897.1 million in Q4FY25, and down 2.0% QoQ from Rs 38,799.2 million in Q3FY26.
EBITDA: Recorded at Rs 5,174 million in Q4FY26, growing 32.2% YoY from Rs 3,913 million in Q4FY25, but declining 37.5% QoQ from Rs 8,280 million in Q3FY26. The EBITDA margin expanded to 14.4% from 12.4% in Q4FY25.
Profit Before Tax (before exceptional items): Reported at Rs 5,578.2 million in Q4FY26, showing a strong YoY growth of 40.7% from Rs 3,963.4 million in Q4FY25, and a QoQ drop of 33.1% from Rs 8,339.9 million in Q3FY26.
Profit After Tax (after Non-Controlling Interest): Stood at Rs 2,364.6 million in Q4FY26, registering a YoY de-growth of 22.7% from Rs 3,058.6 million in Q4FY25, and a QoQ decline of 62.8% from Rs 6,360.2 million in Q3FY26.

FY26 Consolidated Financial Highlights:

Revenue from Operations: Reached Rs 147,122.7 million in FY26, achieving a YoY growth of 13.5% from Rs 129,645.2 million in FY25.
Total Income: Stood at Rs 152,956.2 million in FY26, up 13.7% YoY from Rs 134,582.6 million in FY25.
EBITDA: Grew by 19.6% YoY to Rs 30,052 million in FY26 from Rs 25,122 million in FY25. The EBITDA margin stood at 20.4% versus 19.4% in FY25.
Profit Before Tax (before exceptional items): Reached Rs 30,457.2 million in FY26, reflecting a YoY growth of 20.5% from Rs 25,270.3 million in FY25.
Profit After Tax (after Non-Controlling Interest): Recorded at Rs 23,018.0 million in FY26, demonstrating a YoY growth of 6.3% from Rs 21,654.8 million in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from Operations: Reported at Rs 22,584.4 million in Q4FY26, up 10.4% YoY from Rs 20,449.4 million in Q4FY25, and down 9.3% QoQ from Rs 24,912.7 million in Q3FY26.
Total Income: Reached Rs 24,641.3 million in Q4FY26, a YoY growth of 14.3% from Rs 21,565.3 million in Q4FY25, and a QoQ decline of 6.1% from Rs 26,228.0 million in Q3FY26.
Profit Before Tax (from continuing operations before exceptional items): Stood at Rs 4,553.0 million in Q4FY26, showing a YoY growth of 51.9% from Rs 2,998.3 million in Q4FY25, and a QoQ decline of 38.8% from Rs 7,443.2 million in Q3FY26.
Profit for the period (after tax from continuing operations): Recorded at Rs 2,170.6 million in Q4FY26, a YoY decline of 3.9% from Rs 2,258.8 million in Q4FY25, and a QoQ drop of 65.1% from Rs 6,221.4 million in Q3FY26.

FY26 Standalone Financial Highlights:

Revenue from Operations: Grew to Rs 96,639.1 million in FY26, an increase of 9.6% YoY from Rs 88,134.4 million in FY25.
Total Income: Stood at Rs 102,190.8 million in FY26, up 9.6% YoY from Rs 93,205.0 million in FY25.
Profit Before Tax (from continuing operations before exceptional items): Reached Rs 26,657.1 million in FY26, up 15.7% YoY from Rs 23,035.4 million in FY25.
Profit for the period (after tax from continuing operations): Recorded at Rs 21,851.2 million in FY26, a YoY growth of 4.6% from Rs 20,897.2 million in FY25.

Business & Segment Wise Highlights:

Domestic Business:
- India sales stood at Rs 23,245 million for Q4FY26, registering a YoY growth of 8.8%. Domestic sales contributed 65.5% to the total sales in Q4FY26.
- For FY26, India sales were Rs 98,514 million, with a YoY growth of 9.7%, contributing 67.8% to the total sales for the year.
- According to IQVIA (SSA) data, the Company registered a YoY growth of 11.1% versus the Indian Pharmaceutical Market (IPM) growth of 10.1% in Q4FY26 (a 100 bps outperformance). The acute segment reported a growth of 10.0% and the chronic segment reported a growth of 16.1% YoY.
International Business - US:
- US sales were Rs 7,681 million in Q4FY26, demonstrating a strong YoY growth of 26.2%, and contributing 21.7% to total sales.
- For FY26, US sales reached Rs 29,845 million, a YoY growth of 20.3%, contributing 20.5% to total sales.
- The Company filed 5 ANDAs and received 4 ANDA approvals for the US market during Q4FY26. As of March 31, 2026, the Company had filed 192 ANDAs with the USFDA and received approvals for 167 ANDAs.
International Business - Non-US:
- Non-US sales were Rs 4,543 million in Q4FY26, delivering a YoY growth of 24.1%, and contributing 12.8% to total sales.
- For FY26, Non-US sales stood at Rs 16,964 million, with a YoY growth of 26.7%, contributing 11.7% to total sales.
Research & Development (R&D): R&D expenses for Q4FY26 were Rs 2,293 million (6.4% of total revenue from operations) compared to Rs 1,585 million (5.0%) in Q4FY25. For FY26, R&D spend was Rs 6,173 million (4.2% of total revenue) versus Rs 5,620 million in FY25.

Vikas Gupta, CEO of Alkem, said: “We are pleased to report that Alkem has recorded its highest ever EBIDTA in FY26, reaffirming the strength of our growth strategy, execution and operational rigour. Our top-line growth was broad-based with both domestic branded generics and international business delivering strong growth. An improving business mix, operating leverage and continued cost discipline drove meaningful margin expansion in FY26. Our financial performance in Q4 was also marked by strong revenue and EBITDA growth as well as a significant increase of 40.7% in our profit before tax and exceptional item. We enter FY27 on a firm foundation and expect healthy growth across businesses supported by increasing contribution from chronic therapies and a differentiated launch pipeline for international markets.”

Result PDF

Q4FY26 & FY26 Result Announced for Ashok Leyland Ltd.

Commercial Vehicles company Ashok Leyland announced Q4FY26 & FY26 results

Standalone Financial Highlights:

Revenue from Operations: Reached Rs 14,160.49 crore in Q4FY26, marking a YoY increase of 18.93% from Rs 11,906.71 crore in Q4FY25, and a QoQ growth of 22.77% from Rs 11,533.85 crore in Q3FY26. For FY26, revenue stood at Rs 44,007.03 crore, up 13.56% YoY compared to Rs 38,752.74 crore in FY25.
Total Income: Stood at Rs 14,228.78 crore in Q4FY26, representing a YoY growth of 18.45% from Rs 12,012.64 crore in Q4FY25 and a QoQ increase of 22.73% from Rs 11,593.10 crore in Q3FY26. For the full year FY26, total income grew by 13.64% YoY to Rs 44,322.20 crore from Rs 39,002.99 crore in FY25.
EBITDA: Reported at Rs 2,066 crore for Q4FY26, up 15% from Rs 1,791 crore in the same period last year. FY26 EBITDA reached an all-time high of Rs 5,732 crore (13.0% margin) compared to Rs 4,931 crore (12.7% margin) in FY25.
Operating Profit Before Tax (Profit before exceptional items and tax): Recorded at Rs 1,909.13 crore in Q4FY26, registering a YoY increase of 14.26% from Rs 1,670.92 crore in Q4FY25, and a QoQ jump of 39.05% from Rs 1,372.98 crore in Q3FY26. For FY26, Operating PBT surged by 21.62% YoY to Rs 5,162.50 crore from Rs 4,244.56 crore in FY25.
Profit After Tax (PAT): Achieved highest-ever quarterly PAT of Rs 1,404.72 crore in Q4FY26, up 12.75% YoY from Rs 1,245.87 crore in Q4FY25 and up 76.47% QoQ from Rs 796.02 crore in Q3FY26. FY26 PAT stood at Rs 3,565.53 crore (inclusive of a one-time charge of Rs 308.48 crore owing to the new Labor Code), reflecting an 8% YoY growth from Rs 3,303.29 crore in FY25.

Consolidated Financial Highlights:

Revenue from Operations: Reached Rs 17,246.44 crore in Q4FY26, up 17.36% YoY from Rs 14,695.55 crore in Q4FY25, and a QoQ increase of 16.29% from Rs 14,830.24 crore in Q3FY26. FY26 revenue was Rs 56,362.08 crore, showing a 16.13% YoY growth from Rs 48,535.14 crore in FY25.
Total Income: Stood at Rs 17,417.30 crore in Q4FY26, an increase of 17.55% YoY from Rs 14,817.18 crore in Q4FY25 and up 16.03% QoQ from Rs 15,010.65 crore in Q3FY26. Total income for FY26 grew by 16.47% YoY to Rs 56,946.90 crore from Rs 48,893.60 crore in FY25.
Profit Before Tax (PBT): Reported at Rs 1,939.78 crore in Q4FY26, representing a YoY growth of 19.69% from Rs 1,620.58 crore in Q4FY25 and a QoQ rise of 61.70% from Rs 1,199.59 crore in Q3FY26. FY26 PBT increased by 12.15% YoY to Rs 5,154.79 crore from Rs 4,596.33 crore in FY25.
Profit After Tax (PAT): Recorded at Rs 1,381.32 crore in Q4FY26, up 10.87% YoY from Rs 1,245.92 crore in Q4FY25 and up 60.20% QoQ from Rs 862.24 crore in Q3FY26. FY26 PAT was Rs 3,720.98 crore, a YoY growth of 10.00% compared to Rs 3,382.79 crore in FY25.

Business Highlights:

Overall Volumes: Commercial Vehicle (CV) volumes scaled a new all-time high of 220,437 units in FY26 (a 13% YoY growth), surpassing the previous peak of 197,366 units achieved in FY19.
Segment-Wise Performance:
- Commercial Vehicle: Segment revenue for Q4FY26 stood at Rs 15,087.23 crore, up 16.71% YoY and 18.14% QoQ. Segment profit for Q4FY26 was Rs 1,524.36 crore, up 9.75% YoY and 23.50% QoQ. For FY26, revenue was Rs 48,313.71 crore (up 14.13% YoY) with a profit of Rs 4,379.32 crore (up 18.71% YoY).
- Financial Services: Segment revenue for Q4FY26 was Rs 2,159.31 crore, up 22.04% YoY and 4.81% QoQ. Segment profit for Q4FY26 was Rs 342.59 crore, up 10.14% YoY and 58.92% QoQ. For FY26, revenue stood at Rs 8,049.34 crore (up 29.77% YoY) with a profit of Rs 949.58 crore (up 5.60% YoY).
LCV and Export Volumes: LCV volumes set a new benchmark, reaching 74,322 units, well above the earlier high of 66,633 units. Export volumes also reached a historic high of 18,082 units, delivering a robust growth of 18.5% YoY over the previous year’s 15,255 units.
Cash Position: Cash generated during Q4FY26 was Rs 3,280 crore. The Company ended the financial year with a net cash surplus of Rs 5,899 crore, up from Rs 4,242 crore at the end of the previous year.
Subsidiary Performance:
- Switch Mobility: Delivered a standout performance with a 238% YoY surge in e-Bus volumes to 1,530 units and a 56% YoY growth in e-LCV volumes to 1,606 units. Revenue more than doubled to Rs 1,807 crore, generating a PAT of Rs 104 crore in FY26 against a loss of Rs 62 crore in the previous year.
- Hinduja Leyland Finance Limited (HLF - standalone): Posted a stellar 24% growth in FY26 to achieve an AUM of Rs 59,531 crore. PAT increased by 20% to Rs 491 crore.
- Hinduja Housing Finance (HHF - standalone): Grew its AUM by 15% to Rs 15,937 crore, with PAT growing by 4% to Rs 387 crore.
Dividend: The Board of Directors declared a second interim dividend of Rs 2.50 per share (250%). Together with the interim dividend paid during Q3, the overall dividend for the year works out to Rs 3.50 per share (350%).

Dheeraj Hinduja, Chairman, Ashok Leyland, said: “Achieving these record-breaking milestones and delivering a strong financial performance across our businesses is a matter of immense pride for us. Our CV and export volumes were at an all-time high, reflecting the deep trust our customers place in us. The Company delivered significant growth in Power Solutions, Aftermarket and Electric Mobility businesses. Our Defence order pipeline is at its all-time high, signifying ability to deliver superior growth in the coming years. Our entry into Indonesia gives further boost to our ambition in global markets. The record financial performance is backed by relentless innovation, unwavering focus on customer satisfaction, and ability to accelerate our ambition in global markets. We are well-positioned to sustain profitable growth and create long-term value.”

Shenu Agarwal, Managing Director & CEO, Ashok Leyland, said: “FY26 has been a defining year for us, marked by record-breaking achievements across revenue, EBITDA, profitability and cash generation. Our strong margin expansion reflects the success of our premiumization strategy, the resilience of our operations, and the growing strength of our diversified business portfolio. A record cash surplus of nearly Rs. 6,000 crore provides us with significant firepower for enhanced investments in products, technology and future-ready solutions, while continuing to elevate customer experience. With consecutive three years of record performance, we are more confident than ever in our ability to strengthen our technology leadership, gain market share and further enhance price realization through superior value delivery.”

Result PDF

Q4FY26 & FY26 Result Announced for GMR Airports Ltd.

Construction & Engineering company GMR Airports announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from Operations: Stood at Rs 3,938.16 crore in Q4FY26, reflecting a YoY growth of 37.54% compared to Rs 2,863.34 crore in Q4FY25, and a QoQ decline of 1.40% from Rs 3,994.03 crore in Q3FY26.
Total Income: Reached Rs 4,042.90 crore in Q4FY26, up 35.81% YoY from Rs 2,976.76 crore in Q4FY25, but slightly down by 0.98% QoQ from Rs 4,082.77 crore in Q3FY26.
EBITDA: Recorded at Rs 1,549.42 crore in Q4FY26, marking a YoY increase of 38.00% from Rs 1,122.74 crore in Q4FY25, and a QoQ drop of 13.41% compared to Rs 1,789.28 crore in Q3FY26.
Profit Before Tax: Turned positive at Rs 302.31 crore in Q4FY26 against a loss of Rs 195.84 crore in Q4FY25. It registered a QoQ growth of 23.05% from Rs 245.69 crore in Q3FY26.
Profit After Tax: Rebounded to a profit of Rs 400.49 crore in Q4FY26, turning positive from a net loss of Rs 252.66 crore in Q4FY25, and showing a significant QoQ jump of 130.22% from Rs 173.96 crore in Q3FY26.

FY26 Consolidated Financial Highlights:

Revenue from Operations: Grew by 42.18% YoY to Rs 14,807.41 crore in FY26 from Rs 10,414.24 crore in FY25.
Total Income: Reached Rs 15,200.75 crore in FY26, climbing 40.28% YoY compared to Rs 10,835.89 crore in FY25.
EBITDA: Showed robust YoY growth of 46.87%, coming in at Rs 6,150.25 crore in FY26 against Rs 4,187.58 crore in FY25.
Profit Before Tax: Turned positive for the year, standing at Rs 586.09 crore in FY26 compared to a loss of Rs 635.31 crore in FY25.
Profit After Tax: Registered a turnaround to a profit of Rs 472.39 crore in FY26 from a net loss of Rs 816.90 crore in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from Operations: Surged to Rs 1,580.51 crore in Q4FY26, a substantial YoY growth of 211.29% from Rs 507.72 crore in Q4FY25, and a QoQ rise of 27.59% from Rs 1,238.68 crore in Q3FY26.
Total Income: Stood at Rs 1,602.25 crore in Q4FY26, jumping 214.15% YoY compared to Rs 510.03 crore in Q4FY25, and growing 27.69% QoQ from Rs 1,254.78 crore in Q3FY26.
EBITDA: Soared to Rs 696.25 crore in Q4FY26, reflecting a 93.05% YoY increase from Rs 360.65 crore in Q4FY25 and a 93.72% QoQ gain from Rs 359.41 crore in Q3FY26.
Profit Before Tax: Amounted to Rs 379.20 crore in Q4FY26, up significantly by 459.04% YoY from Rs 67.83 crore in Q4FY25, and up 651.49% QoQ from Rs 50.46 crore in Q3FY26.
Profit After Tax: Reached Rs 402.97 crore in Q4FY26, rising 494.09% YoY from Rs 67.83 crore in Q4FY25 and 698.59% QoQ from Rs 50.46 crore in Q3FY26.

FY26 Standalone Financial Highlights:

Revenue from Operations: Increased by 235.78% YoY to Rs 4,242.26 crore in FY26 from Rs 1,263.40 crore in FY25.
Total Income: Reached Rs 4,295.74 crore in FY26, climbing 239.02% YoY compared to Rs 1,267.08 crore in FY25.
EBITDA: Rose by 107.16% YoY to Rs 1,419.62 crore in FY26 from Rs 685.27 crore in FY25.
Profit Before Tax: Turned positive at Rs 96.28 crore in FY26 compared to a loss of Rs 187.95 crore in FY25.
Profit After Tax: Turned positive to reach Rs 142.05 crore in FY26 against a net loss of Rs 190.74 crore in FY25.

Business Highlights:

Segment-wise Performance: The business activities of the Group fall within a single business segment in terms of Ind-AS 108 'Operating Segment'. Therefore, there are no separate segment-wise performance metrics to report.
Commercial and Duty-Free Operations:
- The Company started the operation of its duty-free business at the Delhi Airport on July 28, 2025.
- Following the award of a long-term master concession, the Company started its duty-free business at Rajiv Gandhi International Airport, Hyderabad (RGIA) on September 10, 2025.
Cargo Concessions: After the revocation of security clearance from the previous operator, the Company was awarded the Cargo services concession at Delhi IGI Airport. On March 11, 2026, the Holding Company was awarded the concession to undertake the operation, management, and development of Cargo Terminal 1.
Strategic Acquisitions: On June 25, 2025, subsidiary GHIAL completed the acquisition of a 70% equity stake from ESR Group in GMR Logistics Park Private Limited (GLPPL), making it a wholly-owned subsidiary of GHIAL.
Terminal 1D Restoration: Following partial damage to the departure forecourt canopy at Delhi's Old Terminal 1D in June 2024, restoration and refurbishment works were successfully completed on April 15, 2025. During FY26, DIAL additionally received Rs 35.00 crore as an exceptional item from the insurance company against material damage.

Result PDF

TCS partners with Anthropic to roll out Claude AI to 50k staff and launch enterprise AI solutions

Tata Consultancy Services has entered into a global strategic partnership with Anthropic as a Global Premier Partner in the Claude Partner Network.

Published on 12-Jun-2026 09:10

BHEL Bags ₹90 Cr LNTP from DVC for 800 MW Durgapur Power Project

BHEL has received a Limited Notice to Proceed (LNTP) from Damodar Valley Corporation (DVC) for the 1x800 MW Durgapur Supercritical Thermal Power Project.

Published on 12-Jun-2026 09:09

Ratnaveer Precision Board Approves Rs 330 Cr Rights Issue for Existing Shareholders.

Ratnaveer Precision Engineering Ltd. has approved a Rights Issue aggregating up to ₹330 crore through the issuance of fully paid-up equity shares to existing shareholders.

Published on 12-Jun-2026 09:08

LG Targets Doubling Revenue in India, Brazil & Saudi Arabia by 2030 via AI & Manufacturing

LG Electronics parent company CEO Lyu Jae-cheol stated about target of doubling revenue from India, Brazil and Saudi Arabia by 2030, underscoring the strategic importance of these high-growth markets.

Published on 12-Jun-2026 09:07

Sagility has acquired 100% of CareSeed for up to US$30 million

Sagility has acquired 100% of U.S.-based healthcare analytics company CareSeed for up to US$30 million, comprising an upfront payment of US$17.5 million and earnouts of up to US$12.5 million linked to revenue growth synergies.

Published on 12-Jun-2026 09:06

Astral's subsidiary acquires 60% stake in DSS LLP for ₹39.11 crore

Astral Limited's wholly owned subsidiary, Astral Chemie Limited, has entered into definitive agreements to acquire a 60% partnership interest in Differentiated & Sustainable Solutions LLP (DSS) for ₹ 39.11 crore.

Published on 12-Jun-2026 09:05

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.