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Business Upturn
11 hours ago
- Business
- Business Upturn
Dr Reddy's Laboratories Q1 Results: Revenue jumps 11.4% YoY to Rs 8,545 crore, net profit marginally up
Dr. Reddy's Laboratories kicked off the fiscal year on a solid note, posting its Q1 FY26 results with a healthy revenue increase but a slight dip in margins. The Hyderabad-based pharma giant reported a net profit of ₹1,417.8 crore, up 1.8% from ₹1,392 crore in the same quarter last year. Revenue for the quarter stood at ₹8,545 crore, marking a strong 11.4% year-on-year (YoY) growth compared to ₹7,672.7 crore in Q1 FY25. The company's operating performance also showed improvement, with EBITDA rising 5% YoY to ₹2,278 crore, up from ₹2,160 crore in the previous year. However, the EBITDA margin contracted to 26.7%, compared to 28.2% in Q1 FY25, indicating cost pressures or product mix changes impacting profitability. One key weak spot was in the North American market, where sales declined by 11% YoY to ₹3,410 crore, down from ₹3,846 crore. This drop may reflect pricing pressure and competitive dynamics in the generics space. In the meantime, Dr Reddy's Laboratories shares closed at ₹1,248.00 today, slightly higher than the opening price of ₹1,240.20. The stock touched an intraday high of ₹1,252.10 and a low of ₹1,231.00 during the session. Over the past year, the stock has seen a 52-week high of ₹1,421.49 and a low of ₹1,020.00. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
17 hours ago
- Business
- Business Upturn
Why are Dalmia Bharat shares falling 4% despite 3x jump in Q1 net profit? Explained
Dalmia Bharat shares slipped more than 4% after the company announced its Q1 FY26 results, which, despite showing strong year-on-year growth, missed market estimates. As of 10:48 AM, the shares were trading 2.89% lower at Rs 2,253.20. The cement major posted a 171% jump in net profit to ₹393 crore for the quarter ended June 30, 2025, up from ₹145 crore in the same period last year. However, this was lower than the CNBC-TV18 poll estimate of ₹425 crore. Revenue from operations remained nearly flat, rising just 0.4% to ₹3,636 crore in Q1 FY26, compared to ₹3,621 crore in the same period last year. This was below the CNBC-TV18 poll estimate of ₹3,710 crore. On the operational front, the company delivered its best-ever quarterly EBITDA at ₹883 crore, a 32% jump from ₹669 crore a year earlier. This also beat the Street's estimate of ₹831 crore. EBITDA margin expanded sharply to 24.3% from 18.5% last year, surpassing the expected 22.4%. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
a day ago
- General
- Business Upturn
Air India flight from Hong Kong to Delhi sees APU fire after landing; all passengers safe
By News Desk Published on July 22, 2025, 18:31 IST An Air India flight operating from Hong Kong to Delhi on Monday, July 22, experienced a minor fire in its auxiliary power unit (APU) shortly after landing and parking at the gate, the airline confirmed. Flight AI 315 had completed its journey and passengers had begun disembarking when the incident occurred. According to the airline, the APU — a small engine located at the rear of the aircraft used to power systems on the ground — caught fire but was automatically shut down by the aircraft's safety system, in line with standard design protocols. 'All passengers and crew members disembarked normally and are safe,' an Air India spokesperson said in a statement. While the incident caused some damage to the aircraft, the airline confirmed that there was no harm to anyone on board. The aircraft has been grounded for detailed inspection and further investigation. The incident has been reported to the relevant aviation regulator. The airline added that it is fully cooperating with authorities and following standard safety procedures in the wake of the incident. Ahmedabad Plane Crash News desk at
Business Upturn
2 days ago
- Business
- Business Upturn
Paytm Q1 Result: Stock jumps 3% ahead of earnings announcement
By Aman Shukla Published on July 22, 2025, 09:53 IST Paytm shares surged over 3% in morning trade on Tuesday, driven by growing optimism ahead of the company's Q1 FY26 results scheduled to be released soon. The stock opened at ₹1,022 and climbed to an intraday high of ₹1,054, coming within touching distance of its 52-week high of ₹1,062.95. As of 9:50 AM, the shares were trading 2.63% higher at Rs 1,044.45. Investors appear to be pricing in expectations of improved financial performance, possibly driven by growth in merchant payments, lending services, and operational efficiency. Paytm's stock has delivered a strong comeback from its 52-week low of ₹437.25, gaining significant ground over the past few months. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
2 days ago
- Business
- Business Upturn
DCM Shriram shares slip over 2% despite strong Q1 results
By Aman Shukla Published on July 22, 2025, 09:42 IST DCM Shriram shares slipped over 2% in morning trade on Tuesday, despite the company posting solid growth across key financial metrics for the quarter ended June 30, 2025 (Q1 FY26). As of 9:40 AM, the shares were trading 2.01% lower at Rs 1,360.70. The consolidated net profit rose 13% year-on-year to ₹113.82 crore, up from ₹100.3 crore in Q1 FY25. Revenue from operations saw a 12.4% increase to ₹3,455.18 crore, compared to ₹3,073 crore in the corresponding period of the previous fiscal. On the operational front, earnings before interest, tax, depreciation, and amortization (EBITDA) jumped 22.2% to ₹303.5 crore, while EBITDA margins improved to 8.8%, up from 8% a year ago. Segment-wise, the company generated ₹3,441.9 crore through product sales and ₹13.28 crore from other operating income, pushing total income to ₹3,477.4 crore. However, total expenses also climbed, reaching ₹3,307.24 crore, largely driven by higher raw material costs amounting to ₹1,087.31 crore and power and fuel costs of ₹466.22 crore. Profit before tax stood at ₹170.16 crore, slightly higher than ₹158.33 crore reported in the same period last year. After accounting for a tax expense of ₹56.34 crore, profit after tax attributable to owners came in at ₹113.38 crore, while ₹0.44 crore was attributed to non-controlling interests. DCM Shriram shares opened at ₹1,379.00 and touched a high of ₹1,408.40 during the day. The stock also hit a low of ₹1,357.00. Its 52-week high stands at ₹1,474.90, while the 52-week low is ₹902.60. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
