Q4 Results 2025 Live Updates: Tata Motors, Bharti Airtel, Cipla, GAIL, Hero Motocorp, others releasing their Q4 numbers today – Industry News

Gopal Vittal, Vice- Chairman and MD, said, “We ended FY25 on a strong note with consolidated revenue of Rs 47,876 crore, growing 6.1%. India revenue increased by 6%. Africa continued its underlying performance even as there was steadiness on currency. India Mobile business grew by 1.3% sequentially, despite having 2 less days in the quarter. Growth was driven by premiumization. We added 6.6 million smartphone users and maintained an industry-leading ARPU of Rs 245.”

“Our balance sheet is solid, supported by strong cash generation, disciplined capital spending, and ongoing debt reduction. We prepaid Rs 5,985 crore of high-cost spectrum dues in the last quarter with prepayment of over Rs 42K crores in the last two years,” he added

India

– India revenue at Rs 36,735 crore, up 28.8% YoY

– EBITDA at Rs 22,024 crore, up by 44.0%YoY. EBITDA margin at 60.0%

– EBITDAaL at Rs 20,299 crore, up 52.9% YoY; EBITDAaL margin at 55.3%

– EBIT at Rs 11,561 crore, up 75.1% YoY; EBIT margin at 31.5%

– Customer base stands at ~424 million

– Capex for the quarter at Rs 12,553 crore

Africa

– Revenue (in constant currency) up 23.2% YoY

– EBITDA margin (in constant currency) at 47.5%, up 120 bps YoY. EBIT margin at 29.9%, down 94 bps YoY.

– Customer base stands at 166 million

– Capex for the quarter at Rs 1,848 crore

Bharti Airtel on Tuesday released its fiscal fourth quarter earnings with profit at Rs 11,021.80 crore, skyrocketing by 432.04 per cent in comparison to Rs 2,071.60 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 47,876.20 crore, up 27.33 per cent as against Rs 37,599.10 crore recorded during the fourth quarter of previous financial year.

In the post-earnings presser, PB Balaji, Group Chief Financial Officer, Tata Motors, said, “Welcome India-UK FTA. Await fine print on US-UK trade agreement for final clarification and changes. Need clarity on whether it is applicable retrospectively.”

He further added that the company awaits when it comes to force. “Won’t change JLR’s current CKD cars. Welcome move for future JLR cars in India.”

PB Balaji, Group Chief Financial Officer, Tata Motors, said, “Despite external headwinds, Tata Motors sustained its strong performance in FY25, delivering its highest ever revenues and PBT(bei). On a consolidated basis the automotive business is now debt-free, reducing interest costs. This is both pleasing and significant as it reflects healthy business fundamentals delivered by a resilient team. Drawing strength from it, in this environment of heightened uncertainty, we will remain agile, proactively drive our growth agenda, reduce our cash breakeven further whilst continuing to invest in our future. With the shareholders also approving the demerger, we are on track to realise the full potential of each of the businesses.”

Tata Motors on Tuesday released its fiscal fourth quarter earnings report with profit at Rs 8,470 crore, surpassing estimates. This was 51.34 per cent lower in comparison to Rs 17,407 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 119,503 crore, marginally higher than Rs 119,033 crore reported during the fourth quarter of previous financial year. The company EBITDA stood at Rs 16,992 crore.

According to a CNBC TV18 poll, Tata Motors was expected to report profit at Rs 7841 crore and revenue for the period was estimated at Rs 1.23 lakh crore.

Jubilant Ingrevia Ltd on Tuesday released its fiscal fourth quarter earnings report with profit at Rs 74.05 crore, posting a jump of 153.16 per cent in comparison to Rs 29.25 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 1051.26 crore, down 2.16 per cent as against Rs 1074.44 crore recorded during the fourth quarter of previous financial year. The company EBITDA stood at Rs 146.40 crore, up 59.60 per cent on-year.

The company board recommended a final dividend @ 3,250 per cent i.e. Rs 65 per share (face value of Rs 2 per equity share), subject to approval of the members of the company at the ensuing 42nd Annual General Meeting (AGM). The payment of dividend / dispatch of dividend warrants will be completed within 30 days of declaration at the ensuing 42nd AGM, it said.

Hero MotoCorp Ltd on Tuesday released its fiscal fourth quarter earnings report with profit at Rs 1161.33 crore, posting a growth 24.21 per cent in comparison to Rs 935.01 crore record during the corresponding quarter of FY24. It posted revenue from operations at Rs 9,969.81 crore, up 3.67 per cent as against Rs 9,616.68 crore reported during the fourth quarter of previous financial year.

Gail (India) Ltd on Tuesday released its fiscal fourth quarter earnings report with profit at Rs 2,491.76 crore, marginally higher than Rs 2,468.71 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 36,551.15 crore, up 11.32 per cent as against Rs 32,833.24 crore reported during the fourth quarter of previous financial year.

• FY’25 Revenue at Rs 357.60 crore, up 18% YoY

• EBITDA at Rs 11.50 crore

• Profit After Tax (PAT) at Rs 46.10 crore, up 20% YoY

• EPS of Rs 3.41 vs. Rs 2.85 LY

The company board has recommended a final dividend of Rs 13 per equity share for the financial year ended 31st March, 2025 and a special dividend of Rs 3 per equity share on the occasion of completing 90 years of the company, taking the total dividend to Rs 16 per equity share (face value Rs 2 each). “The dividend, upon approval by the shareholders, will be paid to shareholders within 30 days from the date of the Annual General Meeting. The record date for the purpose of payment of final dividend, if declared, shall be 27th June, 2025,” the company said in a regulatory filing.

Elara Securities said, “Voltas saw a subdued Q4FY25, losing market share in the room air conditioners (RAC) segment, likely due to push for higher margin. Q1FY26 also may see lower growth due to delayed Summer, high base in Q1FY25, and rains in some regions. The company is also facing recovery issues in the domestic and international projects segments, and it is selective in order booking. However, we reiterate Accumulate with a lower TP of INR 1,330 on 35x March FY27E P/E, due to price hikes in RAC, likely to offset weak demand scenario for FY26. Rise in RAC exports, faster turnaround in Voltas Beko, and recovery of provision in Electro Mechanical Projects (EMP) are triggers to a re-rating.”

ABB India witnessed a muted topline growth in Q1CY25, due to slowdown in order inflows on account of a high base in Q1CY24, sluggishness in large project orders and deferred capex in various sectors (given geopolitical tensions). Elara Securities said, “We lower our earnings by 6% for CY25E and by 5% for CY26E, due to a slowdown in capex momentum likely leading to lower inflows and topline growth. We downgrade ABB to Reduce from Accumulate with a lower TP of INR 5,580 from INR 5,860, on 60x (unchanged) March CY27E P/E, due to lower sales growth and margins likely having peaked (and now moving towards gradual normalization). We expect an earnings CAGR of 7% in CY24-27E with an average ROE and ROCE of 23% each in CY25E-27E.”

Nomura said, “While Britannia will start cycling a higher volume base from Q1FY26, we expect it to sustain current levels on volume growth in H1FY26 and see acceleration in H2FY26 on the back of our expectation of an improvement in macro and demand environment. This, along with a sharp price increase of 5.5% y-y taken in Q4FY26, improves its visibility to drive 9% y-y sales growth in FY26. Britannia saw limited benefits in volumes from Kumbh mela in Q4 (hence no one-offs). We expect benefits from PLI (production-linked incentive scheme) and mega factories in FY26 to be similar to FY25 (no increase).”