India Movers: Swaraj Engines, Wipro, Waaree, GTPL Hathway, Jayaswal Neco, Rajratan Global, Tata Teleservices, Thyrocare

Arun Goswami
17 Apr, 2025
Mumbai

Swaraj Engines Ltd. increased 0.2% to ₹4200 despite the diesel engine maker reporting a 30% increase in net income in the March quarter.

Consolidated revenue in the March quarter increased to ₹458.8 crore from ₹354.1 crore, and profit after tax advanced to ₹45.4 crore from ₹35.1 crore, and diluted earnings per share rose to ₹37.38 from ₹28.96 a year ago.

For the fiscal year 2025, revenue advanced to ₹1,698.3 crore from ₹1,433.6 crore, profit after tax jumped to ₹166 crore from ₹137.9 crore, and diluted earnings per share soared to ₹136.61 from ₹113.48 a year ago.

The company's board recommended an equity dividend of ₹110 per share for the financial year 2025.

Wipro Ltd. dropped 5.5% to ₹234.15 despite the tech services company reporting an 18% rise in its earnings in the latest quarter.

Consolidated revenue in the March quarter increased to ₹1,849.1 crore from ₹1,762.6 crore, and profit after tax advanced to ₹289.2 crore from ₹244.7 crore, and diluted earnings per share rose to ₹2.75 from ₹2.33 a year ago.

For the fiscal year 2025, revenue advanced to ₹7,115.3 crore from ₹6,983.8 crore, profit after tax increased to ₹1,079.2 crore from ₹911.8 crore, and diluted earnings per share soared to ₹10.29 from ₹8.59 a year ago.

Waaree Renewable Technologies Ltd. jumped 11% to ₹1,136.70 after the solar panel manufacturer and EPC solutions provider reported an 83% jump in its earnings in the March quarter.

Consolidated revenue in the March quarter increased to ₹483.4 crore from ₹275.3 crore, and profit after tax advanced to ₹93.7 crore from ₹51.3 crore, and diluted earnings per share rose to ₹8.98 from ₹4.91 a year ago.

For the fiscal year 2025, revenue advanced to ₹1,612.6 crore from ₹880.6 crore, profit after tax jumped to ₹228.9 crore from ₹145.2 crore, and diluted earnings per share soared to ₹21.95 from ₹13.89 a year ago.

GTPL Hathway Ltd. fell 1.8% to ₹111.20 after the wireline broadband service provider reported a 33% plunge in quarterly profit from a year ago.

Consolidated revenue in the March quarter increased to ₹898.9 crore from ₹814.8 crore, and profit after tax declined to ₹10.8 crore from ₹16 crore, and diluted earnings per share fell to 95 paise from ₹1.17 a year ago.

For the fiscal year 2025, revenue advanced to ₹3,507.2 crore from ₹3,246 crore, profit after tax decreased to ₹49.2 crore from ₹111.8 crore, and diluted earnings per share dropped to ₹4.26 from ₹9.51 a year ago.

Jayaswal Neco Industries Ltd. rose 0.4% to ₹33.33 after the iron and steel castings producer reported a slight increase in revenue and a 13% decline in profit in the December quarter.

Consolidated revenue advanced to ₹1,660.1 crore from ₹1,566 crore, net income declined to ₹76.9 crore from ₹88.8 crore, and diluted earnings per share fell to 79 paise from 91 paise a year ago.

Rajratan Global Wire Ltd. gained 3.9% to ₹310.80 despite the bead wire maker reporting a 53% drop in profit in the December quarter.

Consolidated revenue declined to ₹218.8 crore from ₹232.6 crore, after-tax profit decreased to ₹9.3 crore from ₹19.7 crore, and diluted earnings per share fell to ₹1.83 from ₹3.88 a year ago.

Tata Teleservices (Maharashtra) Ltd. edged higher 0.6% to ₹59.89 after the connectivity and communication solutions provider reported a marginal increase in revenue and a net loss expanded in the December quarter.

Consolidated revenue advanced to ₹333.7 crore from ₹298.8 crore, net loss expanded to ₹315.1 crore from ₹307.7 crore, and diluted losses per share advanced to ₹1.61 from 83 paise a year ago.

Thyrocare Technologies Ltd. inched higher 1.5% to ₹718.55 after the diagnostic and preventive care laboratories services provider reported a 29% increase in net income in the December quarter.

Consolidated revenue advanced to ₹169.9 crore from ₹137.5 crore, after-tax profit increased to ₹19 crore from ₹14.7 crore, and diluted earnings per share rose to ₹3.56 from ₹2.77 a year ago.