Schloss Bangalore Q1 results: Leela Palace operator reports Rs 9 crore PAT vs Rs 75 crore YoY loss
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Q1 results today: Infosys, Bikaji Foods, Bajaj Housing Finance, Coforge, Dr Reddy's, Tata Consumer Products on July 23
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Economic Times
24 minutes ago
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IRFC shares in focus after Q1 profit rises 11% YoY to record Rs 1,746 crore
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Indian Railway Finance Corporation IRFC ) will be in focus on Wednesday after the company reported its highest-ever quarterly net profit and total income in Q1FY26. The state-run lender posted a profit after tax (PAT) of Rs 1,746 crore, up 11% from Rs 1,577 crore in the same quarter last from operations rose 2% year-on-year to Rs 6,915 crore, compared with Rs 6,766 crore in Q1FY25. On a sequential basis, PAT rose 3.8% from Rs 1,682 crore in Q4FY25, while revenue grew 2.8% over Rs 6,723 crore reported in the previous Read: Paytm stock rallies 122% in one year but still 53% below issue price. Can it reclaim its IPO glory? Total income for the June quarter stood at Rs 6,918 crore, including other income of Rs 2.86 crore—also the highest quarterly income recorded in IRFC's interest margin improved to 1.53% on an annualised basis, marking the best level in the past three years. IRFC's net worth rose to Rs 54,424 crore, also a record high, while its book value per share reached Rs Read: 7 Nifty500 stocks with highest dividend yields. Do you own any? The company reported a further improvement in its debt-to-equity ratio to 7.44, reflecting a stronger balance sheet. It also maintained one of the lowest overhead costs in the industry and continued its streak of zero non-performing assets (NPAs).IRFC Chairman and Managing Director Manoj Kumar Dubey said the results reflect the robustness of the firm's financial strategy and its central role in financing Indian Railways' infrastructure Read: Apollo Tyres, Brigade Enterprises among 10 small-cap stocks trading below industry PE; may rally up to 43% 'As the sector undergoes unprecedented transformation, we are committed to driving financial innovation and maintaining operational excellence,' Dubey said. 'Our zero NPA record, low cost of capital, and stable cash flows continue to set us apart in the NBFC space.'(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Mint
an hour ago
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 23 July 2025
Breakout stocks buy or sell: The Indian stock market ended in red on Tuesday, July 22, weighed down by weak global cues, ending strong gains a day before. The benchmark indices closed flat with a slight negative bias. The Sensex dipped 14 points to end at 82,186.81, while the Nifty 50 fell 30 points, or 0.12%, to settle at 25,060.90. Broader markets fared worse, with the BSE Midcap index declining by 0.62% and the Smallcap index slipping 0.17%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market is indicating a trend reversal as the Nifty 50 index has bounced back strongly after inching close to 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,250. On breaking above this resistance on a closing basis, we can expect the 50-stock index to touch 25,500 and 25,700 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Emcure Pharmaceuticals, Thomas Cook (India), Schneider Electric Infrastructure, Pennar Industries, and Shanthi Gears. 1] Emcure Pharmaceuticals: Buy at ₹ 1425.7, target ₹ 1520, stop loss ₹ 1380; 2] Thomas Cook (India): Buy at ₹ 185.9, target ₹ 199, stop loss ₹ 179; 3] Schneider Electric Infrastructure: Buy at ₹ 932.6, target ₹ 996, stop loss ₹ 900; 4] Pennar Industries: Buy at ₹ 251.7, target ₹ 270, stop loss ₹ 243; 5] Shanthi Gears: Buy at ₹ 560.55, target ₹ 600, stop loss ₹ 540. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
