India Movers: Stove Kraft, Poly Medicure, Paradeep Phosphates, MM Forgings, Oriental Aromatics, Nahar Poly, Nila Infra, General Insurance

Arun Goswami
25 Mar, 2025
Mumbai

Stove Kraft Ltd. fell 1.5% to ₹763 despite the domestic appliance maker reporting a 78% jump in its earnings in the December quarter.

Consolidated revenue advanced to ₹404 crore from ₹360 crore, net income jumped to ₹12.1 crore from ₹6.8 crore, and diluted earnings per share rose to ₹3.67 from ₹2.04 a year ago.

Poly Medicure Ltd. decreased 2% to ₹2,246.10 despite the medical devices company reporting a 31% increase in net income in the December quarter.

Consolidated revenue advanced to ₹446 crore from ₹356 crore, after-tax profit increased to ₹85 crore from ₹65 crore, and diluted earnings per share rose to ₹8.48 from ₹6.77 a year ago.

Paradeep Phosphates Limited declined 0.4% to ₹103.08 despite the complex phosphatic fertilizer maker reporting a 46% rise in its earnings in the latest quarter.

Consolidated revenue advanced to ₹4,140.1 crore from ₹2,603.7 crore, net income jumped to ₹158.7 crore from ₹108.9 crore, and diluted earnings per share rose to ₹1.94 from ₹1.34 a year ago.

MM Forgings Limited dropped 2% to ₹353.8 after the iron and steel forgings maker reported a 21% plunge in quarterly profit from a year ago. 

Consolidated revenue declined to ₹377.6 crore from ₹404.2 crore, after-tax profit decreased to ₹26.5 crore from ₹33.4 crore, and diluted earnings per share fell to ₹5.50 from ₹13.90 a year ago.

Oriental Aromatics Ltd. fell 2.7% to ₹300.85 despite the chemicals maker reporting a four-fold increase in earnings in the December quarter.

Consolidated revenue advanced to ₹222.7 crore from ₹199.7 crore, net income jumped to ₹10.7 crore from ₹2.7 crore, and diluted earnings per share rose to ₹3.18 from 80 paise a year ago.

Nahar Poly Films plunged 2.4% to ₹ 196.40 despite the packaging film maker’s net income swinging to a profit in the December quarter.

Consolidated revenue advanced to ₹177.1 crore from ₹155.6 crore, net income swung to a profit of ₹6.6 crore from a loss of ₹8.9 crore, and diluted earnings per share rose to an income of ₹2.68 from a loss of ₹3.64 a year ago.

Nila Infrastructures Ltd. declined 2% to ₹9.63 despite the infrastructure company reporting profit soared 53% in the fiscal third quarter. 

Consolidated revenue advanced to ₹56 crore from ₹36.6 crore, net income jumped to ₹4.9 crore from ₹3.2 crore, and diluted earnings per share rose to 13 paisa from 8 paisa a year ago.

The General Insurance Corporation of India dropped 3.1% to ₹426.35 despite the reinsurance services provider reporting an increase in revenue and net income in the December quarter.

Consolidated revenue advanced to ₹10,420.1 crore from ₹10,267.5 crore, after-tax profit increased to ₹1,623.4 crore from ₹1,392.2 crore, and diluted earnings per share rose to ₹9.56 from ₹8.20 a year ago.