Savings Effect

FACT Q4 --Net Profit Down 96% At ₹3 Cr Vs ₹71 Cr (YoY) --Exceptional Gain At Nil Vs Gain Of ₹16.4 Cr (YoY) --Revenue Up 41% At ₹1,484 Cr Vs ₹1,053 Cr (YoY) --EBITDA Down 43% At ₹48.6 Cr Vs ₹85 Cr (YoY) --Margin At 3.3% Vs 8% (YoY)

MUTED GUIDANCE FROM ASIAN PAINTS EXTERNAL ENVIRONMENT REMAINS FLUID, WITH THE WEST ASIA CONFLICT CONTRIBUTING TO *NEAR-TERM UNCERTAINTY IN DEMAND*

#AsianPaints reports its Q4 results; ⏩Net Profit Up 69% At ₹1,185.5 Cr Vs ₹701 Cr (YoY) ⏩Revenue Up 10.6% At ₹9,247 Cr Vs ₹8,359 Cr (YoY) ⏩EBITDA Up 24.4% At ₹1,787 Cr Vs ₹1,436.2 Cr (YoY) ⏩Margin At 19.3% Vs 17.2% (YoY)

ASIAN PAINTS: CO'S VOLUME GROWTH AT 12% VS GUIDANCE OF 8-10% FOR THE DECORATIVE BUSINESS.

ASIAN PAINTS: CO APPROVED DIVIDEND OF RUPEES 23 PER SHARE

ASIAN PAINTS: CO'S VOLUME GROWTH AT 10% VS GUIDANCE OF 8-10% FOR THE DECORATIVE BUSINESS.

Tega Ind Q4 --Net Profit Down 58.3% At ₹42.5 Cr Vs ₹102 Cr (YoY) --Revenue Down 1.7% At ₹527 Cr Vs ₹536 Cr (YoY) --EBITDA Down 60% At ₹60 Cr Vs ₹150 Cr (YoY) --Margin At 11.4% Vs 28% (YoY)

Ipca Labs Q4 --Profit Before Exceptional Items & Tax At ₹450 Cr Vs ₹333 Cr (YoY) --Revenue Up 6.3% At ₹2,388.5 Cr Vs ₹2,246.7 Cr (YoY) --EBITDA Up 12.7% At ₹484 Cr Vs ₹429 Cr (YoY) --Margin At 20.2% Vs 19% (YoY)

ARKADE DEVELOPERS: CO PROPOSED FILMISTAN DEVELOPMENT IS EXPECTED TO HAVE AN ESTIMATED GDV OF APPROXIMATELY ₹3,500 CRORE AND IS PROJECTED TO CONTRIBUTE CUMULATIVELY BETWEEN ₹1,000 CRORE AND ₹1,200 CRORE TO THE BOTTOM LINE OVER THE NEXT 3–5 YEARS.

| #BEML reports its Q4 results; 👉Net Profit Down 38% At ₹180 Cr Vs ₹288 Cr (YoY) 👉Revenue Up 9% At ₹1,794 Cr Vs ₹1,653 Cr (YoY) 👉EBITDA Down 36% At ₹271 Cr Vs ₹423 Cr (YoY) 👉Margin At 15.1% Vs 25.6% (YoY)

#AegisLogistics Q4 --Net Profit Up 45.5% At ₹410.4 Cr Vs ₹282 Cr (YoY) --Revenue Up 52.2% At ₹2,594 Cr Vs ₹1,705 Cr (YoY) --EBITDA Up 52.6% At ₹624 Cr Vs ₹409 Cr (YoY) --Margin Flat At 24% YoY

Physicswallah guides for strong FY27 growth: • 30%+ revenue growth • 100%+ EBITDA growth If execution holds, PAT of ₹670Cr+ by FY28 looks achievable.

Relief For #Reliance: SC quashes SEBI order alleging fraudulent, manipulative trades 🔴SC sets aside SAT order of 2020 which upheld SEBI order, fine 🔴SC directs for refund of ₹250 cr, deposited by Reliance

#Cummins Says, From Concall: ▶️Expect moderate growth across segments in FY27 ▶️Data centre contributed 30-35% to domestic power generation sales ▶️Cautious outlook given the increase in commodity prices, labour shortage issues ▶️Fuel cost increase have impacted the suppliers ▶️Data centre biz is growing faster than the non-data centre business

TCS: CO LOSES RBC CANADA ACCOUNT AFTER 20 YEARS, 150 MEMBERS TO BE 'REBADGED'; MANDATE IS LEARNT TO HAVE MOVED TO ACCENTURE. - MC

SOLAR INDUSTRIES INDIA: CO WINS ORDER WORTH RS 1076 CR

CUMMINS INDIA: CO SAYS CAUTIOUS OUTTLOOK DUE TO WEST ASIA WAR - CONCALL UPDATE

STEEL EXCHANGE INDIA: CO APPROVED VENDOR FOR MAJOR INFRASTRUCTURE PROJECTS LINKED TO ADANI, ARCELORMITTAL AND INSTITUTIONAL SEGMENTS - CONCALL UPDATE

STEEL EXCHANGE INDIA: HIGH-COST DEBT REDUCED FROM 18.75% TO 13%; MANAGEMENT TARGETS SUB-10% BORROWING COST AHEAD || CO AIMS TO BECOME DEBT-FREE THROUGH IMR FUNDING - CONCALL UPDATE

STEEL EXCHANGE INDIA: CO PLANS 1 MILLION TONNE GREEN STEEL PLANT; ACQUIRING ADDITIONAL 150 ACRES FOR MANUFACTURING EXPANSION. - CONCALL UPDATE