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Q1 Results Today Live: Divis Laboratories, Muthoot Finance, APL Apollo Tubes, Gujarat Ambuja Exports, Clean Science & Technology to announce Q1 results

The Hindu BusinessLine
Q1 Results Today Live: Divis Laboratories, Muthoot Finance, APL Apollo Tubes, Gujarat Ambuja Exports, Clean Science & Technology to announce Q1 results

(PTI) GHCL Ltd, India’s largest single-location soda ash maker, on Saturday reported a 32 per cent rise in first-quarter profit to Rs 191.18 crore, helped by lower expenses, even as total income fell.

The Gujarat-based chemical maker had posted a net profit of Rs 144.78 crore a year earlier, it said in a regulatory filing.

Total income fell 3.06 per cent to Rs 798.01 crore from Rs 823.19 crore a year earlier, while total expenses declined to Rs 594.10 crore from Rs 627.96 crore.

Muthoot Finance posted a 25% rise in Q1 FY27 profit to ₹2,550 crore as gold loan AUM jumped 44%, driven by strong demand and record loan growth.

APL Apollo Tubes Limited board approved participation in the proposed incorporation of a Group Shared Services Company (SSC), with an investment of up to 20 per cent of its equity share capital for an amount not exceeding ₹1 crore. Upon incorporation, the SSC is expected to qualify as an Associate Company of APL Apollo Tubes. The proposed entity will provide common corporate support services to participating group companies through a centralised shared services model. The Finance Committee of the Board was authorised to execute all necessary steps to operationalise the proposal.

The board also took note of a separate decision by Apollo Metalex Limited (AML), a material subsidiary of the company, to rationalise its manufacturing operations. AML plans to consolidate production from its A-25 unit at Sikandrabad, Uttar Pradesh, into other group manufacturing facilities, and will consequently dispose of the land and building at that unit. The company stated the move is aimed at improving capacity utilisation, reducing operating costs, and freeing up capital for core manufacturing and growth. APL Apollo said the consolidation will be phased and is not expected to affect overall production volumes or customer commitments.

On the financial front, consolidated revenue from operations for the June 2026 quarter stood at ₹5,606.71 crore, compared to ₹5,169.77 crore in the same quarter last year. Net profit for the quarter came in at ₹263.11 crore against ₹237.17 crore a year ago.

Sarda Energy & Minerals Ltd reported a standalone net profit of ₹318.57 crore for the first quarter ended June 30, 2026, a decline of roughly 17.5 per cent compared to ₹386.05 crore in the same quarter last year.

Standalone total income fell to ₹1,232.55 crore from ₹1,377.47 crore in Q1 FY26, while revenue from operations came in at ₹1,162.54 crore against ₹1,307.09 crore a year ago. Total expenses declined to ₹808.45 crore from ₹866.93 crore. Basic earnings per share stood at ₹9.04, down from ₹10.96 in the year-ago period.

On a consolidated basis, the company fared better. Net profit attributable to the owner stood at ₹458.25 crore, up from ₹434.36 crore in Q1 FY26, aided partly by ₹110.21 crore in net positive impact from recognition of additional revenue and interest income related to the Sikkim Hydropower project following regulatory approval of its final project cost.

Among segments, the Power division was the standout performer on a standalone basis, with segment profit of ₹312.92 crore, up sharply from ₹173.55 crore in the previous quarter ended March 2026, though lower than ₹377.44 crore in Q1 FY26. Steel and Ferro Alloys segments both saw year-on-year profit declines.

The board also approved seeking shareholder consent to raise funds up to ₹1,000 crore through debt instruments. The record date for dividend payment for FY 2025-26 has been fixed at August 14, 2026.

Original Headline

Q1 Results Today Live: Divis Laboratories, Muthoot Finance, APL Apollo Tubes, Gujarat Ambuja Exports, Clean Science & Technology to announce Q1 results