Stocks to Watch, May 26: KEC International, Gillette India, JSW Steel, NTPC, Tata Motors, PNB, Dr Reddy's, GE Vernova T&D India

JSW Steel's total revenue from operations declined 3% to ₹44,819 crore as against ₹46,269 crore in the year-ago period.

Operationally, the company recorded stable performance in the fourth quarter of financial year 2024-25, as its earnings before interest, taxes, depreciation, and amortisation (EBITDA), also known as operating profit, rose 4% to ₹6,378 crore as against ₹6,124 crore in the corresponding period last year.

The power major had reported a net profit of ₹6,490.05 crore in the January-March period of 2023-24.

NTPC's total income increased to ₹51,085.05 crore in the latest March quarter from ₹48,816.55 crore logged in Q4 FY24. The company earned a revenue of ₹49,352.99 crore alone from the generation business, up from the ₹47,088.70 crore revenue garnered from the segment in the fourth quarter of FY24.

Besides, the auto major said it is seeking to regain its market share of 50% in the mid-to-long term through expansion and renewal of its product portfolio, according to a top company official.

The total recovery of the bank stood at ₹4,733 crore for the fourth quarter and ₹14,336 crore for FY25, while the overall slippages ratio was 0.73% during the last financial year.

DLF Group has 45 million square feet of commercial assets, which include 41 million square feet of office and 4 million square feet of retail spaces, with an annual rental income of more than ₹5,000 crore.

"India's Grade A++ commercial real estate has emerged as a global value proposition offering world-class quality at a more efficient cost," DLF Vice Chairman and Managing Director (Rental Business) Sriram Khattar told PTI.

The discoveries have been made in blocks awarded under the Open Acreage Licensing Policy (OALP) regime, the state-owned firm said in its fourth-quarter earnings statement.

The discoveries, which have been named Suryamani and Vajramani, were made in OALP-VI block MB-OSHP-2020/2 and OALP-III block MB-OSHP-2018/1, both in the offshore Mumbai basin.

The US Food & Drug Administration (USFDA) completed a GMP inspection at the company's API (active pharmaceutical ingredients) manufacturing facility (CTO-5) in Miryalaguda, Telangana, the Hyderabad-based drug maker said in a late evening filing on Saturday.

The USFDA inspected the plant from May 19 to May 24, 2025, it added.

"We have been issued a Form 483 with 2 observations, which we will address within the stipulated timeline," Dr Reddy's Laboratories said.

Airtel has also urged all telcos to collaborate and collectively address the growing threat of deceptive and malicious scams targeting vulnerable individuals.

In separate letters to the telcos, it cited data that India recorded over 1.7 million cybercrime complaints in the first nine months of 2024, resulting in financial losses exceeding ₹11,000 crore.

The Tamil Nadu-based bank has lined up plans to open 28 new branches before the first half of the current financial year, particularly in southern and western parts of the country, the bank's managing director and CEO, Ramesh Babu, said.

The financial landscape is witnessing a dramatic transformation globally as well as in India, driven by technological innovations, changing consumer preferences and the emergence of alternative business models, he said.

The company had posted a net profit of ₹6.02 crore in the January-March quarter of the previous fiscal year, according to an exchange filing from Jagran Prakashan Ltd (JPL).

Its revenue from operations was down 5.6% to ₹481 crore in the March quarter. It was at ₹509.64 crore in the corresponding quarter a year ago.

JPL's total expenses were up 11.36% to ₹580.51 crore in the March quarter of FY'25.

The company had posted a profit of ₹219.68 crore in the January-March period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL).

Its revenue from operations was up 15.3% at ₹3,581.18 crore in the March quarter. It was at ₹3,105.77 crore in the corresponding period a year ago.

JKCL's total expenses were at ₹3,092.04 crore, up 9.8% year-on-year in the March quarter.

It had posted a net profit of ₹12.9 crore in the January-March period of 2023-24, the company said in a statement.

AMSL's operational revenues increased by 19% to ₹161.7 crore from ₹135.4 crore in Q4 FY24.

Its MD, Baddam Karunakar, said, "FY25 has been a landmark year for the company, marking our strongest performance to date. We achieved a milestone with revenue, reaching ₹562.07 crore, representing a robust 51.24% year-on-year growth. EBITDA stood at ₹132 crore, reflecting a 54% increase YoY, with a healthy EBITDA margin of 23.50"%.

It had reported a net profit of ₹99.72 crore in the January-March period of 2023-24.

Transrail increased its operational revenues by 40% to ₹1,946.02 crore from ₹1,392.41 crore in Q4 FY24.

For the entire FY25, the company's net profit increased over 40% to ₹327 crore from ₹233 crore in FY24.

The operational revenues also increased by 30% to ₹5,307.75 crore from ₹4,076.52 crore in FY24.

According to the bulk deal data available on the NSE, Rajat Agarwal offloaded 25 lakh shares, representing a 3.38% stake in Gravita India.

The shares were sold at an average price of ₹1,991.52 apiece, taking the transaction value to ₹497.88 crore.

Following the latest transaction, Rajat Agarwal's holding in Gravita India slipped to 32.39% from 35.77%.

Meanwhile, Motilal Oswal Asset Management Co picked up 7.33 lakh shares at an average price of ₹1,991 per piece. This took the deal value to ₹145.98 crore.

The investment triggers conversion of earlier investment through SAFE (simple agreement for future equity), resulting in an aggregate stake of up to 22.7% in Pharmazz on a fully diluted basis, the company said in a regulatory filing.

The first tranche of $10 million, along with the balance of $7.5 million out of the SAFE tranche 2 investment, will be invested on or before May 31, 2025. The second tranche of $15 million will be invested on or before November 30, 2025, or such other mutually agreed date, it added.

The company earned a net profit of ₹66.29 crore in the quarter ended March 2024, a regulatory filing showed.

The total income in the quarter rose to ₹1,173.65 crore from ₹919.31 crore a year ago.

In 2024-25, its net profit increased to ₹608.33 crore from ₹181.05 crore in the preceding financial year.

The total income in the fiscal year surged to ₹4,354.89 crore from ₹3,190.46 crore a year ago.

Its net profit stood at ₹130 crore in the year-ago period.

Total income fell to ₹2,177 crore during the fourth quarter of the last fiscal year from ₹2,218 crore in the corresponding period of the preceding year.

During the 2024-25 fiscal year, GNFC's net profit increased to ₹597 crore from ₹497 crore in the preceding year.

The city-headquartered heavy commercial vehicle manufacturer with a strong financial position of ₹4,242 crore net cash would focus on investing in products and technologies in the current financial year.

"The capital expenditure in FY25 we incurred was close to ₹1,000 crore. And we will incur a similar kind of capex for the coming year also (FY26)," company Chief Financial Officer K M Balaji told reporters.

It had reported a net loss of ₹48.95 crore in the January-March period a year ago, according to a regulatory filing from Devyani International Ltd (DIL).

DIL's revenue from operations was up 15.8% to ₹1,212.6 crore in the March quarter. It was at ₹1,047.07 crore in the corresponding period a year earlier.

Total expenses of the quick service restaurant (QSR) operator were up 13.5% to ₹1,247.90 crore in the March quarter.