According to reports from The Hindu BusinessLine, Elecon Engineering reported standalone net profit of ₹97.01 crore for Q4FY26, compared to ₹125.48 crore in the same quarter last year. However, the company's FY26 profit increased to ₹476.7 crore from ₹340.03 crore in the previous fiscal year. The company announced a final dividend of ₹1.50 per share (150%), subject to shareholder approval. As reported by The Hindu BusinessLine, Chairman & Managing Director Prayasvin B. Patel stated that the growth strategy remains focused on forging strategic alliances with global partners, continued investments in R&D and innovation, and scaling the high-growth MHE division.
According to reports from The Hindu BusinessLine, HDB Financial Services shares closed 5% positive at ₹644.30 on the NSE ahead of Q4 results announcement. The company's board is scheduled to consider and approve financial results for the period ended March 31, 2026, along with dividend and fund raising at its meeting today, April 15. This positive market response indicates investor confidence in the company's upcoming financial performance.
As reported by The Hindu BusinessLine, ICICI Prudential Life Insurance shares traded 4% positive at ₹567.95 after hitting an early high of ₹585.75. The company reported standalone net profit of ₹608.81 crore for Q4FY26, jumping 57.6% from ₹386.29 crore in the same quarter last year. ICICI Prudential AMC shares traded 4% lower at ₹3,216.10 after opening at ₹3,380 from the previous close of ₹3,353.50, despite reporting a 10% rise in net profit to ₹763 crore compared to ₹692 crore in the same period last year. Anand Rathi Share and Stock Brokers shares traded 5% higher at ₹9.46 after soaring to a high of ₹628 from ₹573.25, the previous close. The company posted standalone net profit of ₹42 crore compared to ₹18.65 crore in the same quarter last year.
According to reports from The Hindu BusinessLine, the Sensex settled 1,263.67 points or 1.64% higher at 78,111.24, while the Nifty 50 soared 388.65 points or 1.63% to 24,231.30. All sectoral indices closed in red, with consumer durables, IT and realty indices outperforming. Anand Rathi Share and Stock Brokers shares traded 5% higher at ₹9.46 after soaring to a high of ₹628 from ₹573.25, the previous close. The company posted standalone net profit of ₹42 crore compared to ₹18.65 crore in the same quarter last year.
