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Hindustan Zinc's Q4 profit surged 47% to 3,003 crore, driven by higher zinc prices, lower input costs, and increased by-product sales. FY25 saw a 33% profit increase to 10,353 crore, with revenue up 18% to 34,083 crore. The company anticipates mined metal production of 1.12 million tonnes in FY26 and will invest $200-250 million in growth capex.
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Maruti Suzuki's Q4 profit dipped by 4.3%, missing estimates, despite higher revenue. Expenses increased during the quarter. However, the company achieved a record annual profit. Maruti Suzuki sold a record number of vehicles this quarter. Domestic sales saw modest growth, while exports rose. The company anticipates export growth to drive future performance.
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A US court is hearing the case of a two-year-old American citizen. The Trump administration allegedly deported the child to Honduras with her mother. The father claims the deportation was illegal. Prosecutors argue the mother wanted to retain custody. The ACLU has criticised the action as an abuse of power.
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Reliance Industries reported a 6.4% increase in its March-quarter net profit, driven by strong performances in its oil-to-chemicals and consumer-facing businesses. Jio Platforms saw a 25.7% rise in net profit, fueled by tariff hikes and subscriber growth. RIL's board has approved raising 25,000 crore through NCDs and acquiring Kandla GHA Transmission Ltd.
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Despite a market decline, six BSE smallcap stocks hit 52-week highs, with notable gains. Stocks include Choice International, SBFC Finance, and GRM Overseas, each showing strong momentum over the past month.
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News and Media
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