India Movers: Birla Precision, Smartlink, MSTC, Neuland Labs, Isgec, Elgi Equipments, Ducon, Bayer Crop Science

Arun Goswami
21 Mar, 2025
Mumbai

Birla Precision Technologies Limited rose 4.5% to ₹41.50 despite the engineering company reporting a 99% plunge in quarterly profit from a year ago. 

Consolidated revenue declined to ₹57.6 crore from ₹67.4 crore, net income dropped to ₹0.9 crore from ₹62.2 crore, and diluted earnings per share fell to 14 paisa from ₹1.06 a year ago.

Smartlink Holdings Limited increased 1.5% to ₹132.90 after the non-banking financial company's net income swung to a profit in the December quarter.

Consolidated revenue advanced to ₹56.4 crore from ₹40.4 crore, net income swung to a profit of ₹2.5 crore from a loss of ₹1.2 crore, and diluted earnings per share rose to an income of ₹2.55 from a loss of ₹1.22 a year ago.

MSTC Limited advanced 1.9% to ₹517.10 after the e-commerce services provider reported a six-fold increase in earnings in the December quarter.

Consolidated revenue advanced to ₹96.2 crore from ₹94.9 crore, net income jumped to ₹250.9 crore from ₹37 crore, and diluted earnings per share rose to ₹35.63 from ₹5.89 a year ago.

The company's board declared a second interim dividend for the financial year 2025 of ₹37 per share, payable within 30 days from the date of its declaration.

Neuland Laboratories Ltd. edged higher 1.7% to ₹11,871.40, and the contract development company reported a 25% increase in net income in the December quarter.

Consolidated revenue advanced to ₹402 crore from ₹394.9 crore, net income increased to ₹101.6 crore from ₹81.4 crore, and diluted earnings per share rose to ₹79.18 from ₹63.44 a year ago.

ISGEC Heavy Engineering Ltd. jumped 3.5% to ₹1,018.45 despite the diversified heavy engineering company reporting a 65% decline in profit in the December quarter.

Consolidated revenue decreased to ₹1,501 crore from ₹1,667 crore, net income declined to ₹23 crore from ₹66.6 crore, and diluted earnings per share fell to ₹2.73 from ₹8.42 a year ago.

Elgi Equipments Limited gained 0.7% to ₹493.90 after the air compressor manufacturer reported a slight increase in revenue and a marginal decline in net in the December quarter.

Consolidated revenue advanced to ₹861 crore from ₹833 crore, net income decreased to ₹80.5 crore from ₹83.8 crore, and diluted earnings per share fell to ₹2.55 from ₹2.65 a year ago.

Ducon Infratechnologies Ltd. inched higher 3% to ₹5.48 after the plant engineering and management company reported a slight increase in revenue and net income in the December quarter.

Consolidated revenue advanced to ₹112.6 crore from ₹112.3 crore, net income rose to ₹3.4 crore from ₹3.1 crore, and diluted earnings per share fell to 10 paisa from 12 paisa a year ago.

Bayer Crop Science Limited decreased 0.5% to ₹4,952.50, and the agriculture solutions provider reported a slight increase in revenue and a 63% decline in profit in the December quarter.

Consolidated revenue advanced to ₹1,089.6 crore from ₹969.5 crore, net income decreased to ₹34.2 crore from ₹93.1 crore, and diluted earnings per share dropped to ₹7.61 from ₹20.72 a year ago.