India Movers: Astec Lifesciences, Nestle, Hindustan Unilever, Mphasis, L&T Technology, Tech Mahindra, Elecon Engineering, Persistent

Arun Goswami
25 Apr, 2025
Mumbai

Astec Lifesciences Ltd. dropped 3.6% to ₹712.35 after the agrochemicals and pharmaceutical intermediates manufacturer reported a sharp jump in losses in the fiscal fourth quarter.

Consolidated revenue decreased to ₹120.3 crore from ₹155.8 crore, net loss jumped to ₹16.1 crore from ₹1 crore, and diluted losses per share advanced to ₹8.20 from 50 paise a year ago.

For the fiscal year 2025, revenue declined to ₹386.9 crore from ₹463.8 crore, after-tax profit expanded to ₹134.7 crore from ₹46.9 crore, and diluted earnings per share rose to ₹68.71 from ₹23.93 a year ago.

Nestle India Ltd. rose 0.03% to ₹2,434.80 despite the food and beverage company reporting a 7% decrease in quarterly profit from a year ago.

Consolidated revenue in the March quarter increased to ₹5,512.3 crore from ₹5,294.3 crore, and after-tax profit edged down to ₹873.4 crore from ₹934.2 crore, and diluted earnings per share fell to ₹9.06 from ₹9.69 a year ago.

For the fiscal year 2025, revenue declined to ₹20,260.4 crore from ₹24,541.8 crore, after-tax profit dropped to ₹3,207.6 crore from ₹3,932.8 crore, and diluted earnings per share decreased to ₹33.27 from ₹40.79 a year ago.

The company's board recommended a final dividend of ₹30 per share.

Hindustan Unilever Limited edged down 4% to ₹2,325.25 after the consumer goods company reported a slight increase in revenue and a marginal decline in net income in the March quarter.

Consolidated revenue in the March quarter increased to ₹15,979 crore from ₹15,441 crore, and after-tax profit dropped to ₹2,475 crore from ₹2,561 crore, and diluted earnings per share fell to ₹10.48 from ₹12.70 a year ago.

For the fiscal year 2025, revenue in the March quarter inched higher to ₹64,138 crore from ₹62,707 crore, and after-tax profit advanced to ₹10,671 crore from ₹10,282 crore, and diluted earnings per share rose to ₹45.32 from ₹43.74 a year ago.

The company's board recommended a final dividend of ₹24 per share.

Mphasis Ltd. gained 2.1% to ₹2,518.40 after the tech services and consulting company reported an increase in revenue and earnings in the latest quarter.

Consolidated revenue in the March quarter advanced to ₹3,769.9 crore from ₹3,476.2 crore, and after-tax profit inched higher to ₹446.5 crore from ₹393.2 crore, and diluted earnings per share expanded to ₹23.41 from ₹20.65 a year ago.

For the fiscal year 2025, revenue edged higher to ₹14,485 crore from ₹13,496.3 crore, after-tax profit soared to ₹1,702.1 crore from ₹1,554.8 crore, and diluted earnings per share increased to ₹89.36 from ₹81.83 a year ago.

The company's board recommended a dividend of ₹57 per share.

L&T Technology Services Ltd. declined 5.1% to ₹4,251.00 despite the engineering and technology services reporting a 9% increase in net income in the fiscal fourth quarter.

Consolidated revenue in the March quarter increased to ₹3,031.7 crore from ₹2,593.5 crore, and after-tax profit advanced to ₹310.2 crore from ₹341.4 crore, and diluted earnings per share soared to ₹29.32 from ₹32.16 a year ago.

For the fiscal year 2025, revenue increased to ₹10,880 crore from ₹9,854.6 crore, after-tax profit edged down to ₹1,263.5 crore from ₹1,306.3 crore, and diluted earnings per share fell to ₹119.44 from ₹123 a year ago.

The company's board recommended a final dividend of ₹38 per share.

Tech Mahindra Ltd. fell 1.7% to ₹1,421.80 despite the tech-enabled services provider reporting a 72% jump in its earnings in the March quarter.

Consolidated revenue in the March quarter edged up to ₹13,556.7 crore from ₹13,244.8 crore, and after-tax profit inched higher to ₹1,141.9 crore from ₹664.2 crore, and diluted earnings per share expanded to ₹13.15 from ₹7.45 a year ago.

For the fiscal year 2025, revenue edged higher to ₹53,843.7 crore from ₹52,912.4 crore, after-tax profit increased to ₹4,253 crore from ₹2,396.8 crore, and diluted earnings per share soared to ₹47.91 from ₹26.58 a year ago.

The company's board recommended a final dividend of ₹30 per share.

Elecon Engineering Co. Ltd. dropped 3.7% to ₹520 after the industrial gearboxes manufacturer reported a 41% rise in its earnings in the latest quarter.

Consolidated revenue in the March quarter advanced to ₹816.2 crore from ₹577.7 crore, and after-tax profit inched higher to ₹146.5 crore from ₹103.7 crore, and diluted earnings per share expanded to ₹6.53 from ₹4.62 a year ago.

For the fiscal year 2025, revenue edged higher to ₹2,287 crore from ₹1,881.5 crore, after-tax profit soared to ₹415.1 crore from ₹355.6 crore, and diluted earnings per share increased to ₹18.50 from ₹15.85 a year ago.

The company's board recommended a final dividend of ₹1.5 per share.

Persistent Systems Ltd. gained 2.8% to ₹4,834 after the technology services provider reported a 28% rise in net income in the latest quarter.

Consolidated revenue in the March quarter inched higher to ₹3,260.4 crore from ₹2,621.3 crore, and after-tax profit advanced to ₹395.7 crore from ₹315.3 crore, and diluted earnings per share rose to ₹25.39 from ₹20.48 a year ago.

For the fiscal year 2025, revenue edged higher to ₹12,076.8 crore from ₹9,949.6 crore, after-tax profit jumped to ₹1,400 crore from ₹1,093.4 crore, and diluted earnings per share soared to ₹90.24 from ₹10 a year ago.