Jindal Steel clocks PAT of Rs 1,044.75 crore in Q4 FY26

by Hansraj Agrawal | May 2, 2026 | Share Market

Jindal Steel has reported a consolidated net profit of Rs 1,044.75 crore in Q4 FY26 as against a net loss of Rs 339.40 crore in Q4 FY25.

Net sales increased by 23% year-on-year (YoY) to Rs 16,217.93 crore during the period under review.

Production and sales for the quarter were 2.65 MT (up 25.6% YoY) and 2.62 MT (up 23% YoY), respectively.

Total operating expenditure rose by 16.1% to Rs 14,106.05 crore in Q4 FY26 over Q4 FY25.

Adjusted EBITDA for the March 2026 quarter was Rs 2,647 Cr, up 66% QoQ.

The company posted a pre-tax profit of Rs 1074.15 crore in Q4 FY26, which is significantly higher as compared with the PBT of Rs 71.81 crore recorded in Q4 FY25.

For FY26, the bank has posted net profit and total income of Rs 3367.38 crore (up 19.7% YoY) and Rs 53,224.92 crore (up 7% YoY), respectively.

Consolidated NET DEBT was Rs 16,019 crore as at 31 March 2026 as compared with Rs 15,443 crore as at 31 December 2025.

Net Debt/EBITDA decreased to 1.66x as at 31 March 2026 compared with 1.72x as at 31 December 2025. The total capex for the quarter was Rs 2,573 crore.

During the year, the company stated that it has commissioned the 4.6 MTPA Blast furnace – Bhagavati Subhadrika, 3.0 MTPA BOF2 and 3.0 MTPA BOF3, increasing its crude steel capacity to 15.6 MTPA. The ramp up of these facilities is progressing steadily.

The company also operationalized both modules of SBPP (2 X 525 MW), a 1.2 MTPA CRM complex and a coal pipe conveyor belt. Jindal Steel has been declared the preferred bidder for the Thakurani A1 iron ore block, further strengthening its iron ore security.

Jindal Steel and Power is the flagship company of Jindal Group, an industrial powerhouse which has a strong presence in the steel, power, mining, and infrastructure sectors globally.

The scrip shed 0.40% to end at Rs 1223.85 on the BSE on Friday.

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Vardhman Acrylics standalone net profit rises 695.41% in the March 2026 quarter

by Hansraj Agrawal | May 2, 2026 | Share Market

Last Updated : May 02 2026 | 12:50 PM IST

Sales rise 15.80% to Rs 83.50 crore

Net profit of Vardhman Acrylics rose 695.41% to Rs 15.59 crore in the quarter ended March 2026 as against Rs 1.96 crore during the previous quarter ended March 2025. Sales rose 15.80% to Rs 83.50 crore in the quarter ended March 2026 as against Rs 72.11 crore during the previous quarter ended March 2025.

For the full year,net profit rose 130.35% to Rs 27.25 crore in the year ended March 2026 as against Rs 11.83 crore during the previous year ended March 2025. Sales rose 13.14% to Rs 318.57 crore in the year ended March 2026 as against Rs 281.57 crore during the previous year ended March 2025.

ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales83.5072.11 16 318.57281.57 13 OPM %12.05-0.01 –5.241.31 – PBDT14.393.20 350 31.7519.06 67 PBT13.682.40 470 28.8616.06 80 NP15.591.96 695 27.2511.83 130

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First Published: May 02 2026 | 12:50 PM IST

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ZEN Technologies posts nearly 69% YoY fall in Q4 PAT

by Hansraj Agrawal | May 2, 2026 | Share Market

Last Updated : May 02 2026 | 12:04 PM IST

ZEN Technologies has reported 68.8% drop in consolidated net profit to Rs 31.53 crore on a 45.2% fall in net sales to Rs 178.08 crore in Q4 FY26 as compared with Q4 FY25.

Total operating expenditure for the period under review was Rs 128.51 crore, down 31.3% YoY.

Profit before tax in Q4 FY26 stood at Rs 64.41 crore, down by 58.2% from Rs 153.99 crore in Q4 FY25.

For FY26, the bank has posted net profit and total income of Rs 193.45 crore (down 31% YoY) and Rs 687.69 crore (down 29.4% YoY), respectively.

Zen Technologies provides defence training and anti-drone solutions. It builds training systems for imparting defense training and measuring combat readiness of security forces. With a dedicated R&D (recognized by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 180+ patents and shipped more than 1,000 training systems around the world.

The scrip shed 0.72% to end at Rs 1671.25 on the BSE on Friday.

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First Published: May 02 2026 | 12:04 PM IST

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TVS Motor Company sells 4.73 lakh units in April'26

by Hansraj Agrawal | May 2, 2026 | Share Market

TVS Motor Company (TVSM) recorded monthly sales of 473,970 units in April 2026 with a growth of 7% as against 443,716 units in April 2025.

Total two-wheelers registered a growth of 6% with sales increasing from 430,150 units in April 2025 to 455,333 units in April 2026. Domestic two-wheeler registered growth of 8% with sales increasing from 323,647 units in April 2025 to 348,545 units in April 2026.

Motorcycle registered 200,039 units in April 2026 as against 220,347 units in April 2025. Scooter registered a growth of 24% with sales increasing from 169,741 units in April 2025 to 211,158 units in April 2026.

EV registered a growth of 36% with sales increasing from 27,684 units in April 2025 to 37,771 units in April 2026.

The Company’s total International Business sales registered a growth of 3% increasing from 116,700 units in April 2025 to 120,008 units in April 2026. Two-wheeler sales registered 106,788 units in April 2026 as against 106,503 units in April 2025.

Three-wheeler registered a growth of 37% with sales increasing from 13,566 units in April 2025 to 18,637units in April 2026. About TVS Motor Company.

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NSDL Q4 PAT climbs 5% YoY to Rs 80 cr

by Hansraj Agrawal | May 2, 2026 | Share Market

Last Updated : May 02 2026 | 4:50 PM IST

National Securities Depository (NSDL) reported 5.2% jump in standalone net profit to Rs 79.68 crore on 2.4% rise in net sales to Rs 170.61 crore in Q4 FY26 over Q4 FY25.

Profit before tax (PBT) increased 1.1% YoY to Rs 102.89 crore in the quarter ended 31st March 2026.

On full year basis, the companys standalone net profit jumped 12.1% to Rs 321.6 crore on 14.2% increase in revenue from operations to Rs 731.4 crore in FY26 over FY25.

As of March 31, 2026, Deposit Balances have crossed Rs 521 crore, with over 43.5 lakh account holders. NDML added 33.5 lakh insurance policies over the past year, taking the total to 154 lakh as of March 31, 2026.

Meanwhile, the companys board has recommended a dividend of Rs 4 per equity share of face value of Rs 2 each for FY26.

In addition, the companys board has granted in-principle approval, (subject to SEBI and other requisite regulatory approvals), for its subsidiary, NSDL Database Management (NDML), to form of a new subsidiary and transfer its insurance repository business to such new subsidiary.

National Securities Depository (NSDL) has established a state-of-the-art infrastructure that handles most of the securities held and settled in dematerialized form in the Indian capital market.

The scrip rose 0.19% to end at Rs 880.85 on the BSE.

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First Published: May 02 2026 | 11:16 AM IST

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M&M total sales jumps 14% YoY to 94,627 units in April

by Hansraj Agrawal | May 2, 2026 | Share Market

Mahindra & Mahindra announced that its overall auto sales for the month of April 2026 stood at Rs 94,627 vehicles, a growth of 14%, including exports.

In the Utility Vehicles segment, the company sold 56,331 vehicles in the domestic market, a growth of 8% and overall, 57,833 vehicles, including exports. The domestic sales for commercial vehicles stood at 23,427.

Nalinikanth Gollagunta, CEO, Automotive Division, M&M said, The year 2027 has begun on a positive note in April by achieving SUV sales of 56,331 units, a growth of 8% and total vehicle sales of 94,627 units, a 14% growth over the same month last year.

Under Farm Equipment Business, the company tractor sales (domestic + exports) during April 2026 were at 48,411 units, up 20.86%, as against 40,054 units for the same period last year. Exports for the month stood at 2,007 units.

Domestic sales in April 2026 were at 46,404 units, as against 38,516 units in April 2025, reflecting a 20% year-on-year growth.

Commenting on the performance, Veejay Nakra, President Farm Equipment Business, Mahindra & Mahindra, said We have sold 46,404 tractors in the domestic market during April 2026 registering a growth of 20% over last year. This strong performance was delivered despite the absence of Chaitra Navratri in April this year, unlike last year when April included seven Navratri days. In the export markets, we have sold 2,007 tractors, a growth of 30% over last year.

Further, the companys Trucks and Buses business (CV > 3.5T) for the month of April 2026 stood at 3011 vehicles, 11% YoY growth. This segment includes operations under Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML).

Mahindra & Mahindra (M&M) Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The companys consolidated net profit jumped 47% to Rs 4674.64 crore on 24.4% increase in net sales to Rs 51579.95 crore in Q3 FY26 over Q3 FY25.

The scrip declined 1.71% to end at Rs 3096.90 on Thursday, 30 April 2026.

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