All listed companies such as Power Grid Corp, PB Fintech, Aurobindo Pharma, Berger Paints, Biocon, Cummins India, eClerx Services, Allcargo Logistics, GE Vernova T&D India, Inventurus Knowledge Solutions, JK Lakshmi Cement, Shree Renuka Sugars, SIS, and Whirlpool of India will release their quarterly earnings today.
Power Grid Corporation reported a profit rise of 37.3% to ₹8,167.4 crore, revenue grew 18.4% to ₹58,539.1 crore, and EBITDA jumped 19.3% to ₹33,599 crore. The company’s average revenue per user increased to ₹264 from ₹250.
Oil and Natural Gas Corporation (ONGC) posted a standalone profit of ₹17,034 crore, up 112.3% from ₹8,024 crore, and revenue rose 45.2% to ₹46,460 crore. Net realisation of crude oil price‑nominated surged 50.4% to $99.45 a barrel from $66.13.
Nykaa’s first‑quarter profit grew over three‑fold to ₹79.8 crore, while revenue jumped 29.1% to ₹2,782 crore. The company also acquired a 51% stake in Aminu Wellness for ₹32 crore, boosting its premium skincare portfolio.
Kalyan Jewellers’ profit spiked 32% to ₹348.7 crore, and revenue surged 45.7% to ₹10,588.9 crore. Another segment of the company saw a profit fall of 9.6% to ₹166.3 crore and revenue increase 7.1% to ₹3,067 crore.
Multi Commodity Exchange of India reported a profit jump of 103.5% to ₹413.4 crore, with revenue up 88.1% to ₹702 crore. Another segment saw profit soar over nine‑fold to ₹61.4 crore and revenue spike 25.6% to ₹1,031.9 crore.
Metropolis Healthcare’s profit rose 25.7% to ₹56.9 crore, and revenue increased 16.6% to ₹450.2 crore. In a separate segment, profit jumped over three‑fold to ₹345 crore, while revenue rose 36.4% to ₹2,577.6 crore.
The Government of India decided to exercise the oversubscription option for 50.59 crore equity shares, representing a 4% stake in Life Insurance Corporation of India (LIC), through an offer‑for‑sale on August 5. This is in addition to a base issue of 31.62 crore shares for a 2.5% stake.
Institutional investors sold significant stakes in several companies. Elevation Capital sold 10.20 lakh shares in One 97 Communications for ₹139.55 crore, while SAIF III Mauritius Company offloaded 97.43 lakh shares worth ₹1,332.7 crore. SAIF Partners India IV sold 41.36 lakh shares for ₹565.77 crore, totaling 1.49 crore shares worth ₹2,038.02 crore.
Other block deals included Poonawalla Fincorp, where the PFL Employee Welfare Trust sold 47.08 lakh shares for ₹222.96 crore at ₹473.5 per share. Sudeep Pharma saw a 1.04% stake sold for ₹100 crore, and Zota Health Care received a 0.63% stake for ₹27.18 crore at ₹1,241 per share.
Rajgor Castor Derivatives attracted multiple buyers: Unicorn Fund sold 8.97 lakh shares for ₹2.95 crore, and three individuals purchased 9.33 lakh shares at prices around ₹32–33 per share, totaling ₹2.96 crore. Aimtron Electronics and Apollo Pipes also saw stake sales by institutional investors, with Aimtron’s shares bought at ₹1,480 per share and Apollo Pipes’ shares acquired at ₹522 per share.
Overall, the market today highlighted robust earnings growth across diverse sectors and active participation from institutional investors in stake sales, underscoring a dynamic trading environment.