Stock Movers: Suzlon Energy, ICRA, DCM Nouvelle, NBCC, Inox Wind, Ajmera Realty, Vodafone Idea, Adani Energy

Arun Goswami
03 Jun, 2025
Mumbai

Suzlon Energy Ltd. dropped 3.6% to ₹68.63 despite the renewable energy solutions provider reporting more than a two-fold jump in earnings in the March quarter. 

Consolidated revenue in the March quarter increased to ₹3,825.2 crore from ₹2,207.4 crore, and after-tax profit jumped to ₹1,181 crore from ₹254.2 crore, and diluted earnings per share soared to 86 paise from 19 paise a year ago.

For the fiscal year 2025, revenue advanced to ₹10,993.1 crore from ₹6,567.5 crore, after-tax profit increased to ₹2,071.6 crore from ₹660.4 crore, and diluted earnings per share rose to ₹1.51 from 50 paise a year ago.

ICRA Ltd. advanced 0.9% to ₹6,804 after the credit rating agency reported a 19% rise in its earnings in the latest quarter.

Consolidated revenue in the March quarter inched higher to ₹156.8 crore from ₹147.6 crore, and after-tax profit advanced to ₹56 crore from ₹47.1 crore, and diluted earnings per share rose to ₹57.86 from ₹48.64 a year ago.

For the fiscal year 2025, revenue edged higher to ₹575.4 crore from ₹521.1 crore, after-tax profit increased to ₹171.2 crore from ₹152.2 crore, and diluted earnings per share soared to ₹176.5 from ₹156.99 a year ago.

The company's board recommended a final dividend of ₹60 per share.

DCM Nouvelle Limited increased 6% to ₹192.95 after the cotton yarn manufacturer and exporter’s net income swung to a profit from a year ago in the March quarter.

Consolidated revenue in the March quarter advanced to ₹283.7 crore from ₹266.6 crore, and net income swung to a profit of ₹5.3 crore from a loss of ₹2.5 crore, and diluted earnings per share rose to an income of ₹2.84 from a loss of ₹1.35 a year ago.

For the fiscal year 2025, revenue edged down to ₹1,081.7 crore from ₹1,087.6 crore, net income swung to a profit of ₹6 crore from a loss of ₹4 crore, and diluted earnings per share rose to an income of ₹3.22 from a loss of ₹2.20 a year ago.

NBCC (India) Ltd. declined 0.2% to ₹124.50 despite the construction company reporting a 30% increase in net income in the March quarter.

Consolidated revenue in the March quarter edged up to ₹4,700.9 crore from ₹4,047.7 crore, and after-tax profit inched higher to ₹182.7 crore from ₹141.5 crore, and diluted earnings per share rose to 65 paise from 50 paise a year ago.

For the fiscal year 2025, revenue edged higher to ₹12,273 crore from ₹10,640.8 crore, after-tax profit increased to ₹557.4 crore from ₹414.4 crore, and diluted earnings per share soared to ₹2 from ₹1.49 a year ago.

The company's board recommended a dividend of 14 paise per share.

Inox Wind Ltd. jumped 0.6% to ₹184.35 after the wind energy solutions provider reported nearly a five-fold increase in quarterly earnings.

Consolidated revenue increased to ₹1,310.7 crore from ₹569 crore, net income jumped to ₹190.3 crore from ₹38.7 crore, and diluted earnings per share advanced to ₹1.15 from 24 paise a year ago.

For the fiscal year 2025, revenue edged higher to ₹3,701.6 crore from ₹1,808 crore, net income swung to a profit of ₹437.6 crore from a loss of ₹48.2 crore, and diluted earnings per share rose to an income of ₹2.75 from a loss of 28 paisa a year ago.

Ajmera Realty & Infra India Limited plunged 0.8% to ₹847.90 despite the real estate developer and infra company reporting more than a two-fold jump in earnings in the March quarter. 

Consolidated revenue in the March quarter advanced to ₹59.3 crore from ₹33.5 crore, and after-tax profit jumped ₹3.3 crore from ₹1.6 crore, and diluted earnings per share rose to ₹1.58 from 71 paise a year ago.

For the fiscal year 2025, revenue edged higher to ₹174.4 crore from ₹94.5 crore, after-tax profit soared to ₹16 crore from ₹13 crore, and diluted earnings per share increased to ₹5.96 from ₹ 5.66 a year ago.

The company's board recommended a final dividend of ₹1 per share.

Vodafone Idea Limited fell 1.4% to ₹6.94, despite the telecom service provider saying its net loss shrank in the March quarter.

Consolidated revenue in the March quarter inched higher to ₹11,228 crore from ₹10,639 crore, after-tax loss shrank to ₹7,166 crore from ₹7,674 crore, and diluted losses per share declined to ₹1.01 from ₹1.57 a year ago.

For the fiscal year 2025, revenue edged higher to ₹44,591 crore from ₹42,764 crore, net loss decreased to ₹27,383 crore from ₹31,238 crore, and diluted losses per share fell to ₹4.01 from ₹6.41 a year ago.

Adani Energy Solutions Limited decreased 1.3% to ₹864 despite the energy solutions provider reporting an 83% jump in its earnings in the March quarter.

Consolidated revenue in the March quarter inched higher to ₹6,596.4 crore from ₹4,855 crore, and after-tax profit jumped to ₹713.7 crore from ₹381.3 crore, and diluted earnings per share rose to ₹5.50 from ₹3.24 a year ago.

For the fiscal year 2025, revenue edged higher to ₹24,446.6 crore from ₹17,218.3 crore, after-tax profit decreased to ₹921.7 crore from ₹1,195.6 crore, and diluted earnings per share fell to ₹9.05 from ₹10.20 a year ago.