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Tamilnad Mercantile Bank net profit increased 28% to Rs 374 crore from the previous year, its net interest income was up 24% at Rs 704.4 crore.

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Tamilnad Mercantile shares are up over 12% at the moment. The stock witnessed a sharp surge after reporting its fourth quarter results.

Supreme Industries’ fourth quarter earnings were better than expected on the margin and profitability front, while its topline witnessed a marginally-below Street estimates figure.

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Shares of Tamilnad Mercantile gained sharply post reporting its earnings. The stock is currently up 6%.

Tamilnad Mercantile Bank Q4:

Net Profit up 28% At Rs 374 Cr Vs Rs 292 Cr (YoY)

NII up 24% At Rs 704.4 Cr Vs Rs 568 Cr (YoY)

Net NPA At 0.18% Vs 0.20% (QoQ)

Gross NPA At 0.73% Vs 0.91% (QoQ)

India Cements Shares Gained 14% after the company reported strong fourth quarter result.

Its EBITDA came in at Rs 153 crore, while its EBITDA per tonne increased to a 17-quarter high of Rs 497 crore.

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Varun Beverages shares reported its March quarter earnings today with growth across key parameters from the previous year. The company follows the calendar year hence these was its first quarter results.

Its net profit was up 20% at Rs 872 crore, revenue increased 18.3% to Rs 6,721 crore.

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Supreme Ind Q4

Supreme Ind Q4

HSBC On IndusInd Bank

Buy Call, Target Price Raised To ₹1,100/Share

Q4FY26 Reflects Gradual Course Correction By Management

Slippages And Write-Offs Declined Sharply, Reducing Credit Costs

MFI Slippages Still Slightly High, But Likely To Improve

Disbursements Rising Across Vehicle, MFI, Housing & SME Segments

Low-Yield Corporate Loans Being Rationalised

Senior Management Hiring Largely Completed

Board Strengthened With New Executive And Independent Directors

Rakesh Nayyar, ED, Supreme Petrochem On CNBC-TV18:

Q4 Is Historically A Strong Quarter Due To High Demand

OEM Demand Is Good, But Non-OEM Demand Is Seeing A Dent

Styrene Monomer Prices Rose From $1,000/t Pre-war To $1,660/t, & Is Now Around $1,500/t

Focus Remains On Domestic Markets, With Limited Emphasis On Exports

Will Stick To 8-10% Volume Growth If Things Become Normal

Varun Beverages shares witnessed a sharp fall post its earnings. The stock is currently down 0.2%.

Varun Bev Says:

Consolidated Sales Volumes Grew By 16.3% In Q1CY26

India Volume Growth At 14.4%, International Territories Vol Up 21.4%

Realisation Per Case In India Declined By 1.5%

Varun Bev Q1

Net Profit up 20% At Rs 872.3 Cr Vs Rs 726.4 Cr (YoY)

Revenue up 18.3% At Rs 6,721 Cr Vs Rs 5,680 Cr (YoY)

EBITDA up 21% At Rs 1,528.7 Cr Vs Rs 1,264 Cr (YoY)

Margin At 22.8% Vs 21.6% (YoY)

Revenue Ex-excise up 18% At Rs 6,574 Cr Vs Rs 5,5567 Cr (YoY)

EBITDA Ex-excise up 21% At Rs 1,528.7 Cr Vs Rs 1,264 Cr (YoY)

Margin Ex-excise At 23.2% Vs 22.7% (YoY)

UltraTech Cement Q4 consolidated sales volume is expected to increase around 11% from the previous year, led by continued market share gains.

UCO Bank On CNBC-TV18:

NIMs Guidance Of 2.8-2.9% For FY27

Believe NIMs Will Be Able To Be Around 3% In FY27

Shriram Finance shares are down over 3% today even though the company reported strong earnings in the March quarter.

Its net profit increased 41% to Rs 3,014 crore while NII was up 21% at Rs 6,751 crore.

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Bajaj Housing Finance shares have increased in six of nine trading sessions. The company is set to report its fourth quarter earnings today.

Earlier this month, it had reported its business update for Q4, where it reported a 23% growth in its overall disbursements.

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Praveen Kutty, DCB Bank On CNBC-TV18:

Gross & Net NPA Ratios Are The Lowest In 7 Years

Loan Growth Target Maintained At 18-20%

Continue To Maintain A 13.5% Guidance For RoE

RoE Is At 12.77% Compared To Guidance Of Over 13.5%

FY28 RoE Guidance At 14.5%

Focusing On Current Account Growth Going Forward

Q4 Yield Maintained At Q3 Levels, Cost Of Funds Down 5 bps

NIM Up 12 bps YoY In Q4, Focusing On Improving This Further

V. Vaidyanathan, MD & CEO, IDFC FIRST Bank On CNBC-TV18:

Expect To Return To 20% Growth Next Year

April Has Started Well, With Most Key Risks Now Behind Us

We Have Built A Strong Deposit Franchise Across The Country

On Track To Return To Around 20% Growth This Year

Bond Yields Rose 30-40 bps Last Quarter Amid War, Leading To `150 Cr Treasury Loss

Credit Cost: 2.1% Last Year, Expected Around 1.8% Next Year

Fuel Prices And Geopolitical Factors Remain Key Risks

Loan Mix: Around 60% Consumer/Retail, 20% Corporate (High-quality), Around 20% Unsecured

Unsecured Book Kept Flat Amid Tariff-related Risks

Well-positioned Overall, With A Cautious Stance

Time To Deliver Operating Leverage

Opex Growth Of Around 13-14% Can Be Expected

Coal India EBITDA likely to improve sequentially over better operating leverage.

Umesh Revankar, Executive Vice Chairman, Shriram Finance On CNBC-TV18:

Gradual Price Increases Carry Lower Risk, While Sharp Hikes Can Have An Adverse Impact

We Have Slowed Disbursements In MSME, Maintain Cautious Stance Ahead

Strong Economic Progress And GDP Growth Have Supported Us

As Long As GDP Remains Above 6.5%, Impact Should Be Much Lower

Adverse Monsoon Impact Remains A Key Risk, Needs Close Monitoring Post Oct–Nov

NIMs Are Not Directly Controlled By Us

NIM Improvement Driven By Lower Excess Liquidity & Reduced Incremental Borrowing Costs

Credit Cost To Remain At Current Levels

If The Environment Remains Supportive, We Should Be Able To Sustain It

Would Be Pleased To Return To 16% RoE At The Earliest Opportunity

Hind Zinc To CNBC-TV18:

For Silver, New Normal Range Has Moved To $55-75/oz Vs $35-45/oz Earlier

Target Silver Volume Of Selling 680 Tonnes In FY27 Vs 627 Tonnes In FY26

50% Of EBITDA Will Come In From Silver Business

Normally 10% Of Silver Is Hedged, No Fresh Hedging On Silver

We Are Focussing On Producing Higher Quantum Of Zinc Compared To Lead

Expect Silver To Be In Deficit For Next 1-2 Years

Demand For Silver Is Going Up Across Segments

Renewable Energy Contribution Will Move To 30% Vs 18% Currently

Cost Of Production Will Be Around $1,000/tonnes

Global Situation Has Led To Cost Of Production Moving Up By $25/tonnes

Optg Leverage & Higher Renewable Energy Contribution Will Aid In Keeping Lid On Cost Of Pdn

Zinc Prices Are Expected To Be In The Range Of $3,100-3,300/tonnes

Expect To See 1.10 mt Of Sulphuric Acid Volume In FY27

Higher Sulphuric Acid Prices Will Aid FY27 EBITDA By 2%

Will Announce Phase 2 Of Expansion In Jul-Aug Board Meeting

Will Announce Smelter Expansion Of 650k Tonnes In The Next Phase

Re-looking At Proposal Of Hind Zinc Demerger But For Now Group Is Focussed On Vedanta Demerger

Some Work On Hind Zinc Demerger Could Start In FY27

Shares of UltraTech Cement and Varun Beverages are trading up to 2% higher ahead of their fourth quarter earnings today.

RBL Bank shares are trading with losses today, reacting to their fourth quarter earnings.

The lender’s management said credit card stress may remain elevated int he first half of this fiscal but it expects clear improvement from the second half.

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India Cements shares are up 9% on strong Q4 results.

India Cements Q4:

Net Profit At Rs 59.5 Cr Vs Rs 24.6 Cr (YoY)

One-time Gain Loss At Rs 11 Cr Vs Gain Of Rs 90 Cr YoY

Revenue up 2.6% At Rs 1,228.6 Cr Vs Rs 1,197.6 Cr (YoY)

EBITDA At Rs 153 Cr Vs EBITDA Loss Of Rs 1.6 Cr (YoY)

Margin At 12.45%

IndusInd Bank shares surge 5% after Q4 results beat estimates.

It reported a net profit of ₹533 crore in the fourth quarter compared to a net loss of ₹2,236 crore last year. Profit was higher than CNBC-TV18 poll of ₹420.4 crore. Net Interest Income (NII) up 43.4% from last year to ₹4,372 crore from ₹3,048 crore and in-line with CNBC-TV18 poll of ₹4,359.4 crore. Gross NPA at 3.43% from 3.56% last quarter. Net NPA at 1% from 1.04% last quarter.

Tanla Platforms shares are up 13.2% at the moment.

The company reported double-digit growth in Q4 revenue and profit, with margins remaining stable, as enterprise communications and digital platforms businesses continued to support overall performance.

IDFC First Bank shares are up 3%, reacting to their fourth quarter earnings.

Its Net Interest Income (NII) grew by 15.7% from last year to ₹5,677 crore. Net profit increased by 5% year-on-year to ₹319 crore from ₹304 crore year-on-year. Gross NPA at 1.61% from 1.69% last quarter. Net NPA improved to 0.48% from 0.53% last quarter. Net Interest Margins at 5.93% from 5.95% last year.

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