1 / 9Wipro | IT firm reported a 25.9% year-on-year rise in consolidated net profit for the March quarter to ₹3,569.6 crore, but warned of a weak quarter ahead with up to 3.5% expected drop in IT services revenue for Q1FY26, amid global uncertainties. Revenues for the fourth quarter (Q4) of FY25 came in at ₹22,504.2 crore, a marginal increase of 1.33% from ₹22,208.3 crore in Q4 FY24.
2 / 9IRFC | State-run company said it has secured interim relief in its GST dispute, as the Madras High Court set aside a demand order of ₹230.55 crore issued by the Assistant Commissioner (Sales Tax). The matter now stands remanded for fresh consideration. The development follows a writ petition filed by IRFC challenging the original order dated December 4, 2024. In its ruling, the high court directed the company to file a detailed reply with supporting documents within four weeks of receiving a copy of the court’s order.
3 / 9DLF | Realty major said it has entered into a definitive master framework agreement (MFA) with Srijan Realty Pvt Ltd and its subsidiaries to sell its IT/ITeS special economic zone (SEZ) in Kolkata for ₹693 crore. The transaction includes a 25.9-acre freehold land parcel and the DLF Tech Park building, which has a gross leasable area of approximately 10.54 lakh square feet. The deal, signed on April 16, 2025, is structured as a slump sale and will be completed through a business transfer agreement and conveyance deeds.
4 / 9UltraTech Cement | The company announced that it will acquire a 26% equity stake in AMPIN C&I Power Eight Private Limited. The deal, valued at up to ₹25.5 crore, is aimed at enhancing UltraTech’s renewable energy capabilities and meeting its green energy requirements. AMPIN C&I Power Eight, incorporated on January 29, 2025, is a special purpose vehicle (SPV) dedicated to the generation and transmission of renewable energy, specifically solar power.
5 / 9BHEL | The company has entered into a Technology Transfer Agreement with the Bhabha Atomic Research Centre (BARC) to access indigenous diaphragm technology for electrolysers—seen as a critical step in advancing India’s green hydrogen ambitions. The deal focuses on BARC’s Mixed-Matrix Membrane Diaphragm Technology, which will be used in electrolyser systems to separate hydrogen and oxygen during electrolysis.
6 / 9Home First Finance | Mortgage financier said it has raised ₹1,250 crore through a qualified institutional placement (QIP), marking its first equity fundraise since its 2021 IPO. The housing finance company issued 1.3 crore equity shares to qualified institutional buyers. The issue saw strong demand from a mix of prominent foreign and domestic institutional investors. Among the foreign institutional investors were International Finance Corporation, Capital World, Fidelity International, Goldman Sachs Asset Management, White Oak Capital, and Eastspring Investments.
7 / 9Paytm | Fintech firm One97 Communications’ Managing Director and Chief Executive Officer Vijay Shekhar Sharma has voluntarily surrendered 2.1 crore shares worth about Rs 1,800 crore, as per a regulatory filing and the share closing price of the company. The shares were granted to Sharma as part of an ESOP (employee stock ownership plan) at the time of the listing of One97 Communications.
8 / 9GTPL Hathway | Digital cable TV service provider and broadband service provider has reported a 19.7% decline in net profit for Q4 FY25, despite strong revenue growth. The company’s net profit for the quarter stood at ₹10.6 crore, down from ₹13.2 crore in the same period last year, as per its filing. In its quarterly results, GTPL Hathway revealed that its total revenue for Q4 FY25 increased by 10.3%, reaching ₹891 crore, compared to ₹808 crore in Q4 FY24.
9 / 9Angel One | The company reported a sharp fall in its Q4 FY25 earnings, with consolidated net profit plunging 48.7% year-on-year to ₹174.5 crore, down from ₹340 crore in the same quarter last year. The listed brokerage firm’s revenue dropped 22.2% YoY to ₹1,056 crore, while EBITDA declined 35.3% to ₹342.8 crore. The company’s operating margin also contracted to 32.5% from 39% a year ago.
