Top gainer: SBI Life 1,463 ▲ 44 (+3.12%)
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Shares of Indian Railway Catering and Tourism Corporation (IRCTC) dropped more than 3%
Shares of Indian Railway Catering and Tourism Corporation (IRCTC) dropped more than 3% to hit a 52-week low of ₹722.05 per piece on the NSE. More than 6 lakh shares changed hands on the bourse. IRCTC reported a 13.7% increase in consolidated net profit to ₹341 crore for the December quarter compared to ₹300 crore in the year-ago period. Its revenue from operations rose by 10% to ₹1,224.7 crore in the third quarter from ₹1,115.5 crore in the same period of last year.
IRCON International shares tanked more than 9% to hit a fresh 52-week low
IRCON International shares tanked more than 9% to hit a fresh 52-week low of ₹159.61 per share on the NSE. Nearly 94 lakh shares changed hands on the bourse. The company reported a 65% plunge in consolidated net profit to ₹86 crore for the October-December quarter of FY25 compared to ₹244 crore in the year-ago quarter. The engineering and construction firm reported a 10% drop in consolidated revenue from operations to ₹2,612.86 crore for the third quarter of FY2024-25, compared to ₹2,929.54 crore in the same period of the last fiscal year.
Shares of telecommunications company Vodafone Idea, or Vi, declined, a day
Shares of telecommunications company Vodafone Idea, or Vi, declined, a day after the company released its latest Q3 report card. The stock fell 2.7% to ₹8.58 per unit on the National Stock Exchange (NSE) at 9:22 am. Vi reported narrowing consolidated losses to ₹6,609.3 crore in the third quarter of the current fiscal year, compared to ₹6,985.9 crore a year ago. Revenue from operations advanced 4% to ₹11,117.3 crore in the quarter under review as against ₹10,673.1 crore in the same period last year. Average revenue per user (ARPU), a key metric for all telcos, increased sequentially by 4.7% to ₹173 in Q3 FY25, compared to ₹166 in the September quarter.