Q4 RESULTS

ArcelorMittal net income falls 14% to $805 mn

New Delhi: Global steel giant ArcelorMittal, which also has presence in India, on Wednesday posted over 14 per cent fall in net income at $805 million for the first quarter ended March 31, 2025, dragged by lower sales amid global geopolitical challenges. It had posted $938 million "net income attributable to equity holders of parent" for the year-ago quarter, the company said in a statement.

Vedanta net shoots up 154% to `3,483 cr

New Delhi: Mining major Vedanta Ltd on Wednesday reported a 154.4 per cent increase in consolidated net profit to Rs3,483 crore for the quarter ended March 31, 2025, driven by lower cost and higher volume. The company had posted a net profit of Rs1,369 crore in the year-ago period. The income of the company in the January-March quarter increased to Rs41,216 crore over Rs36,093 crore in the year-ago period, Vedanta said in a filing to BSE.

Crisil net profit grows 16%to `160 cr

New Delhi: Crisil on Wednesday reported a 16 per cent growth in consolidated net profit to Rs159.84 crore in the first quarter ended March 2025. The S&P Global firm had a net profit of Rs137.72 crore in the January-March quarter of 2024. Crisil follows a January-December financial year. The domestic rating agency had a consolidated total income of Rs843.77 crore during the quarter, up from Rs758.77 crore in the same quarter last year.

Orient Green Power loss narrows to `15 cr

New Delhi: Orient Green Power Company Limited (OGPL) on Wednesday said its consolidated loss narrowed to Rs15.09 crore in March quarter FY25. The company had incurred a loss of Rs25.25 crore in January-March FY24, it said in an exchange filing. Revenue from operations rose to Rs41.47 crore from Rs35.98 crore in the year-ago quarter. The board has also approved the reappointment of Kodumudi Sambamurthi Sripathi as Chairman, Non-Executive & Independent Director of the company for 5 years with effect from November 3, 2025.

Ujjivan Finance profit slumps 75% to `83 cr

New Delhi: Ujjivan Small Finance Bank (SFB) on Wednesday reported a slump of 75 per cent in net profit to Rs83.39 crore for three months ended March 2025, hurt by higher provisions for bad loans. The bank had posted a net profit of Rs329.63 crore in the year-ago period. Its total income rose to Rs1,843 crore in the January-March quarter of the financial year 2024-25 (FY25) from Rs1,765 crore in the year-ago period, Ujjivan Small Finance Bank said in a regulatory filing. Overall provisions, excluding tax, rose to Rs264.50 crore in the quarter under review from Rs79 crore in the same quarter a year ago.