&w=3840&q=100)
Blue Jet Healthcare shares drop 10% post Q1 results; details here
At 2:30 PM, shares of Blue Jet Healthcare were trading at ₹906.15, down by 10 per cent on the BSE. In comparison, Sensex was trading at 82,193.27, down by 7 points. The market capitalisation of the pharma company stood at ₹15,718.57 crore. So far this calendar year, the shares of the company have witnessed a strong surge of 78 per cent.
The selloff on the counter came after the company released its earnings for the first quarter of the financial year 2025-2026 (Q1FY26).
Blue Jet Healthcare Q1FY26 earnings
The company's revenue from operations figure stood at ₹354.8 crore for the quarter ending June 30, 2025, up from ₹162.9 crore in the corresponding quarter of the previous fiscal year. Profit after tax (PAT) also witnessed a healthy rise of 141.3 per cent to ₹91.2 crore in Q1FY26, up from ₹37.8 crore reported in the first quarter of the previous financial year. However, the company's sequential results failed to uplift the investor sentiment.
The pharma company's PAT was down by 17.2 per cent on a quarter-on-quarter (Q-o-Q) basis. PAT margins also declined from 32.3 per cent in Q4FY25 to 25.7 per cent during the quarter under review, marking a decline of 664 basis points (bps).
"Reduction in Q-o-Q is primarily attributable to a drop in gross margin to 48.4 per cent in Q1 FY26 from 54.7 per cent in Q4 FY25, driven by a shift in product mix and reduced inventory levels, resulting in lower overhead absorption during Q1FY26," the company said in a release.
That apart, the company's earnings before interest, taxes, depreciation and amortisation (Ebitda) figure was down by 13.6 per cent to ₹121 crore in Q1FY26, from ₹140 crore recorded in the previous quarter. Ebitda margins also took a hit and dropped by 701 bps to 34.1 per cent for the quarter ending June 30, 2025, from 41.1 per cent recorded in the fourth quarter of the previous financial year.
"Looking ahead, we remain confident in our growth strategy, driven by capacity expansions, enhanced R&D capabilities, and a robust pipeline of high-value products. We are committed to delivering long-term value to our stakeholders through consistent performance, innovation, and strategic investments," said Shiven Arora, managing director of Blue Jet Healthcare Ltd.
About Blue Jet Healthcare
The pharma company was initially incorporated as 'Jet Chemicals Private Ltd.' in Mumbai on December 7, 1968. The name of the company was changed to 'Blue Jet Healthcare Private' on December 30, 2020. It has operations organised into three product categories: contrast media intermediates, high-intensity sweeteners and pharma intermediates and active pharmaceutical ingredients (APIs). Blue Jet Healthcare is involved in the manufacturing of pharma intermediate APIs used in pharmaceutical and healthcare products.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
22 minutes ago
- India.com
Mukesh Ambani loses Rs 1146870000000, Ratan Tata's company TCS suffers losses of Rs 200800000000 due to…
The combined market capitalisation of six out of the top 10 most valued companies fell by ₹2.22 lakh crore last week, with Reliance Industries witnessing the steepest decline, in line with the broader bearish trend in equities. During the same period, the BSE benchmark index slipped 294.64 points, or 0.36%. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), Infosys, Bajaj Finance, Hindustan Unilever and Life Insurance Corporation of India (LIC) suffered a combined erosion of Rs 2,22,193.17 crore from their market valuation. HDFC Bank, Bharti Airtel, ICICI Bank and State Bank of India made gains in their valuation. Reliance Industries Share Price Decline The valuation of Reliance Industries tumbled Rs 1,14,687.7 crore to Rs 18,83,855.52 crore, the most among the top-10 firms. Infosys faced an erosion of Rs 29,474.56 crore to Rs 6,29,621.56 crore from its market capitalisation (mcap). The valuation of LIC tanked Rs 23,086.24 crore to Rs 5,60,742.67 crore and that of TCS dropped by Rs 20,080.39 crore to Rs 11,34,035.26 crore. MCAP Of HDFC Bank ICICI Bank The mcap of Bajaj Finance declined by Rs 17,524.3 crore to Rs 5,67,768.53 crore and that of Hindustan Unilever fell by Rs 17,339.98 crore to Rs 5,67,449.79 crore. However, the market valuation of HDFC Bank jumped Rs 37,161.53 crore to Rs 15,38,078.95 crore. ICICI Bank added Rs 35,814.41 crore taking its valuation to Rs 10,53,823.14 crore. The mcap of Bharti Airtel climbed Rs 20,841.2 crore to Rs 11,04,839.93 crore and that of State Bank of India went up by Rs 9,685.34 crore to Rs 7,44,449.31 crore. Reliance Industries remained the most valued domestic firm followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC. (With Inputs From PTI)
Time of India
an hour ago
- Time of India
TCS axes 12,000 jobs; Ola loses steam in EV race
TCS axes 12,000 jobs; Ola loses steam in EV race Also in the letter: TCS to lay off 12,000 employees after tepid Q1 Quote, unquote: Parting gift: Affected employees will receive payment for their notice periods and an additional severance package. TCS will continue insurance coverage and offer outplacement assistance to help transition. The company also plans to provide counselling and support as laid-off staff explore new opportunities. Hiring slack: Also Read: Ola's Krutrim to lay off linguistics team Tell me more: Zoom out: Ather Energy narrows gap with Ola Electric as EV sales decline amid rare earth magnet crunch Volume slide: The volume gap between the two has shrunk dramatically. Only 526 units separated them in July, down from over 5,000 in June. It isn't just an Ola problem. The overall EV two-wheeler market contracted by 21.6% month-on-month in July. Legacy players TVS Motor and Bajaj Auto also suffered, reporting sharp sequential drops of 31% and 27.4%, respectively. Rare earth concerns: China's curbs on rare earth magnet exports have begun to bite, forcing several EV makers, including Ather, Bajaj, and TVS, to prepare production cuts, as we reported earlier this month. These magnets are critical to motors that power most electric scooters. Also Read: Ola's challenges: Sales data discrepancies, vehicle quality complaints and missing trade certificates at several of its retail outlets have added to the pressure. The company's stock has been underwhelming since its debut, closing Friday at Rs 41.2 on the BSE, nearly half its IPO price of Rs 76. Also Read: Sponsor ETtech Top 5 & Morning Dispatch! Why it matters: The opportunity: Reach a highly engaged audience of decision-makers. Boost your brand's visibility among the tech-savvy community. Custom sponsorship options to align with your brand's goals. What's next: Lenskart gets shareholder nod to raise Rs 2,150 crore via IPO Driving the news: Road to listing: Lenksart is expected to file its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in the coming days. The total issue size is likely to be around $1 billion, according to people aware of the matter. All aboard: PaySense cofounder Sayali Karanjkar and IndMoney founder Ashish Kashyap have joined the board as independent directors. Peyush Bansal takes charge as chairman, managing director and CEO of Lenskart. Neha Bansal and cofounder Amit Chaudhary have been appointed executive directors Al so Read: Quick fashion delivery startups lean on AI, try-and-buy to cut costly returns Returns in focus: Knot said partner brands that see almost 20% return rates online are now clicking under 1% in offline trials, thanks to digital interventions. Slikk, which is testing an 'instant returns' option, claimed return rates are 40–50% lower than on traditional platforms. Other venture-backed startups such as Zilo and Zulu Club are also experimenting with similar tools. Myntra, meanwhile, said its MNow quick delivery offering is seeing fewer returns, citing shorter delivery windows as the reason. Investor interest: For labels, it is a way to prevent sales loss from stuck inventory. For shoppers, it means less money is held up in refund cycles. Old idea, new bets: Viability question: Also Read: Keeping Count Other Top News By Our Reporters GCC hiring hotspot: Amagi Media files for IPO: Global Picks We Are Reading Happy Monday! India's largest software exporter is trimming 2% of its workforce as demand woes persist. This and more in today's ETtech Morning Dispatch.■ Lenskart IPO plans■ Quick fashion plays 'no return' game■ Mid-tier GCC hiring picks upK Krithivasan, CEO, TCSTata Consultancy Services, India's largest software exporter, is laying off over 12,000 employees —about 2% of its 613,069-strong workforce—as macro headwinds and disruptions weigh on business demand.'TCS is on a journey to become a future-ready organisation… As part of this journey, we will also be releasing associates from the organisation whose deployment may not be feasible,' the company said in a top six IT firms added just 3,847 employees in the June quarter, down 72% from 13,935 in the March TCS and Infosys reported a net headcount increase during the AI unit, Krutrim, is laying off most of its linguistics team , just months after hiring them. The move follows a pivot in company strategy and delays in 100 full-time linguists, hired to train Kruti, Ola's new AI assistant, are being let go, according to people familiar with the to internal documents reviewed by ET, the layoffs stem from a shift in organisational priorities triggered by external Aggarwal, CEO, Ola Electric & Tarun Mehta, CEO, AtherOla Electric's pivot from aggressive growth to profitability is starting to show cracks. Its market share in the electric two-wheeler segment slipped to 17.2% as of July 27 , with rival Ather Energy now breathing down its neck at 16.5%.Much of the slowdown stems from a growing supply meanwhile, is grappling with more than just supply Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship Bansal, CEO, LenskartLenskart shareholders have approved the eyewear retailer's plans to raise Rs 2,150 crore ($250 million) through an initial public offering (IPO), according to regulatory filings with the Registrar of the annual general meeting on Saturday, the omnichannel brand secured the go-ahead to tap the public markets, a major step in its expansion in the 60-minute fashion delivery race are leaning on 'try and buy' options and artificial intelligence (AI)-powered virtual try-ons to tackle one of ecommerce's thorniest problems : high return believe these features could slash return rates by 15–20 percentage points, unlocking serious savings for both platforms and first tried this in 2016, but the idea fizzled out due to supply chain constraints and patchy delivery networks, industry executives told us. Now, logistics have improved, but challenges increases costs, as delivery executives must wait while customers decide. Some items still get returned, straining already tight by mid-size GCCs, defined as those with 500–2,000 employees, increased by 10–12% in the six months ending June, compared with a 4–6% growth among large GCCs, according to data from staffing services provider Quess to the draft IPO papers filed with the market regulator, Amagi plans to raise Rs 1,200 crore through a fresh issue of shares. Additionally, investors such as Norwest Venture Partners, Accel, and Premji Invest plan to sell up to 34.2 million shares through an offer for sale (OFS).■ Bryan Johnson is going to die ( Wired ■ Breaking down Trump's big gift to the AI industry ( The Verge ■ Saudi Aramco wants a Google spinoff to turn its waste into wealth ( Rest of World
Mint
an hour ago
- Mint
Nifty 50, Sensex today: What to expect from Indian stock market in trade on July 28
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to see a muted opening on Monday, tracking mixed global market cues. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,832 level, a discount of nearly 18 points from the Nifty futures' previous close. On Friday, the Indian stock market ended with sharp losses, with the benchmark Nifty 50 closing below 24,900 level. The Sensex crashed 721.08 points, or 0.88%, to close at 81,463.09, while the Nifty 50 settled 225.10 points, or 0.90%, lower at 24,837.00. Here's what to expect from Nifty 50 and Bank Nifty today: Nifty 50 broke the key support level of 24,880 and formed a big bearish candle on the daily chart, signalling weakness. On the weekly scale, the Nifty 50 slipped 0.53%, highlighting a broader weakening trend. 'Nifty 50 closed below its 50-Day simple moving average (SMA) for the first time in several weeks. Meanwhile, the gap between the 9-day and 20-day EMAs has begun to widen, indicating a strengthening bearish outlook in the short term. The index also breached the 61.8% Fibonacci retracement level drawn from the previous swing low to high, which was placed near 24,920, signaling a potential breakdown of the recent recovery attempt,' said Om Mehra, Technical Research Analyst, SAMCO Securities. Additionally, the Relative Strength Index (RSI) on the daily chart stands at 40, while the MACD continues to widen its gap between the fast and slow lines. 'The earlier 'buy-on-dip' approach may now give way to a 'sell-on-rise' strategy unless the index manages to reclaim and sustain above the crucial 25,200 level, which would be necessary to revive the upward trajectory,' Mehra said. Dr. Praveen Dwarakanath, Vice President of noted that the Nifty 50 index has closed near the lower Bollinger Band, a support from which can push the index upside. 'The momentum indicators in today's fall have come into the oversold region, which can also push the markets upside from current levels. The index is also at a strong weekly Buy level between 24,600 - 24,800, a bounce from this level can present a strong selling opportunity near the 25,200 levels,' said Dwarakanath. According to VLA Ambala, Co-Founder of Stock Market Today, Nifty 50 crossed its 50-day EMA, which was a key technical support for short-term traders. 'Following this breach, I advise traders to adopt a sell-on-rise strategy. Investors focused on industrial sector ETFs might consider the 24,500 level as an initial entry point. Considering these factors, we can expect the Nifty 50 to gain support between 24,720 and 24,500 and meet resistance near 24,980 and 25,050,' Ambala said. Bank Nifty index declined 537.15 points, or 0.94%, to close at 56,528.90 on Friday. For the week, Bank Nifty registered a modest gain of 0.44%. 'From a technical standpoint, the weekly price action has resulted in the formation of a Gravestone Doji candlestick pattern, which typically signals indecision in the market and a potential reversal when it appears after an up-move. This pattern, coupled with the repeated failure to breach resistance, suggests caution in the near term, with the need for a strong breakout to resume upward momentum,' said Sudeep Shah, Head - Technical and Derivatives Research, SBI Securities. Going ahead, according to Shah, the zone of 57,300 - 57,400 is likely to continue to act as a crucial hurdle for the Bank Nifty index, while on the downside, the zone of 56,200 - 56,100 will act as important support as it is the confluence of the 50-day EMA and prior swing low. 'Any sustainable move below the level of 56,100 will lead to further selling pressure in the Bank Nifty index upto the level of 55,500 in the short term,' Shah said. Puneet Singhania, Director at Master Trust Group highlighted that the Bank Nifty index closed below its 21-day EMA, indicating short-term weakness. 'However, the broader trend remains positive, with the 55-day EMA holding firm near the 56,000 level and the index still trading above its ascending trendline. This suggests the current dip presents a buying opportunity. Strong support is seen at 56,000; a breach below this may lead to a decline toward 55,300. On the upside, 57,100 is the immediate resistance,' Singhania said. A breakout above this level could trigger fresh buying momentum, potentially pushing the Bank Nifty index toward 57,600 and new all-time highs, he added. Hrishikesh Yedve, AVP Technical and Derivative Research, Asit C. Mehta Investment Interrmediates said that the Bank Nifty index breached its 50-DEMA support and formed a bearish candle on the daily chart, reflecting sustained selling at higher levels. 'Last week's low of Bank Nifty is placed near 56,200, which will now act as the next crucial support. Until the index decisively crosses 57,320, traders are advised to book profits on bounces and wait for a clear breakout for fresh upside momentum,' Yedve said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
