L&T and NTPC post Q1 results
Author: PPD Team Date: July 30, 2025
Author: PPD Team Date: July 30, 2025
Larsen & Toubro (L&T) reported a consolidated net profit of Rs 3,617 crore for the quarter ended June 2025, marking a 29.9 per cent increase from Rs 2,786 crore a year earlier. Revenue rose 15.5 per cent year-on-year to Rs 63,678 crore.
Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 6,316 crore, up 12.5 per cent from Rs 5,615 crore. However, operating margin declined slightly to 9.9 per cent from 10.2 per cent in the same quarter last year.
Meanwhile, NTPC posted a net profit of Rs 4,774 crore, up 5.85 per cent from Rs 4,511 crore a year ago. Revenue dropped 4.2 per cent to Rs 42,572 crore from Rs 44,427 crore.
The company’s EBITDA fell 17.4 per cent year-on-year to Rs 10,283 crore. Operating margin also narrowed to 24.1 per cent from 28 per cent in the year-ago quarter.
Author: PPD Team Date: November 21, 2024 The Solar Energy Corporation of India (SECI) has signed a memorandum of understanding (MoU) with H2Global Stiftung, a non-profit advancing global hydrogen markets, to promote green hydrogen development. The partnership focuses on leveraging H2Global’s innovative mechanism, implemented by its subsidiary Hintco, to align with international hydrogen market dynamics. Hintco’s tenders provide transparency on pricing, ensure production and delivery of clean fuels, and support legal certainty for final investment…
Author: PPD Team Date: March 5, 2025 BGR Tech Limited has signed a Memorandum of Understanding (MoU) with South Korea’s Elchemtech Company Limited to introduce proton exchange membrane water electrolysers (PEMWE) in India. BGR Tech will integrate these electrolysers into its balance-of-plant (BoP) systems for green hydrogen projects nationwide. Both companies also evaluate the feasibility of manufacturing or assembling PEMWE stacks in India using Elchemtech’s technology, aligning with the “Make in India” initiative. Elchemtech’s PEMWE…
Author: PPD Team Date: November 4, 2024 S4 Energy, a subsidiary of Castleton Commodities International (CCI) specializing in grid-scale battery energy storage, has acquired Netherlands-based LC Energy’s battery storage platform, LCEGS. This acquisition enhances the energy grid’s resilience by merging LCEGS’ development expertise with S4 Energy’s operational experience. Battery energy storage is crucial for Europe’s decarbonisation goals and grid stability. With increasing reliance on renewable energy and demand from sectors like data centres, battery storage…
Author: PPD Team Date: October 28, 2024 Adani Green Energy Limited (AGEL) reported a net profit of Rs 5.15 billion for the quarter ending September 2024, marking a 39% increase from Rs 3.71 billion in the same quarter last year. The company’s total income rose by 30.39% to Rs 33.76 billion during this period, up from Rs 25.89 billion recorded in the corresponding quarter of the previous year.
Author: PPD Team Date: February 26, 2026 Indian solar stocks declined sharply on February 25, 2026 after the US Commerce Department imposed a preliminary countervailing duty (CVD) of 125.87% on solar cell and module imports from India. Following the announcement, manufacturers including Emmvee Photovoltaic Power Limited, Waaree Energies Limited, and Premier Energies Limited issued statements indicating limited immediate impact on their business operations. The duty, which took effect immediately and requires US importers to provide…
Author: PPD Team Date: December 11, 2024 JSW Renew Energy Thirty Two Limited, a subsidiary of JSW Energy Limited (JSWEL), has signed a definitive agreement with DCM Shriram Limited to establish a 68 MW wind-solar hybrid power project in Kota, Rajasthan. The project will supply renewable energy to DCM Shriram, replacing the power currently procured from its 40 MW thermal power project. Additionally, the Board of Directors of DCM Shriram has approved an equity investment…