Top Stocks to Watch: RIL, HDFC Bank, Vedanta, IRCTC, Yes Bank and More – Key Financial Updates and Market Moves

Reliance Industries: Q1 consolidated profit fell to ₹17,448 crore from ₹18,182 crore. Revenue grew 11.5% to ₹2,57,823 crore. EBITDA rose 2% to ₹42,748 crore. Jio Platforms’ profit increased by 11.7% to ₹5,698 crore, and revenue rose by 12.8% to ₹34,548 crore. Reliance Retail Ventures’ profit grew 4.6% to ₹2,549 crore, and revenue increased by 8.1% to ₹75,615 crore. Oil-to-chemicals revenue surged 18.1% to ₹1,57,133 crore, and oil & gas revenue jumped 33.4% to ₹6,179 crore.

HDFC Bank: Standalone profit dropped 2% to ₹16,174.8 crore in Q1FY25, with revenue up 2.6% to ₹29,837.1 crore. Provisions fell sharply to ₹2,602 crore. Gross NPA ratio increased to 1.33%, and net NPA ratio rose to 0.39%.

Wipro: IT services revenue declined 0.8% to ₹21,896.3 crore in Q1FY25. EBIT fell 0.4% to ₹3,605.7 crore. Dollar revenue decreased 1.2% to USD 2,625.9 million. Expected Q2 revenue range is $2,600-2,652 million.

Kotak Mahindra Bank: Q1 standalone profit surged 81% to ₹6,249.8 crore. Revenue rose 9.8% to ₹6,842.4 crore. Provisions increased to ₹578.5 crore. Gross NPA ratio remained flat at 1.39%, and net NPA ratio rose to 0.35%.

Vedanta: Successfully closed its QIP issue, raising ₹8,500 crore. Investors included Morgan Stanley, Societe Generale, SBI MF, and others.

Union Bank of India: Q1 profit increased 13.7% YoY to ₹3,679 crore. Net interest income grew 6.5% to ₹9,412 crore. Gross NPA ratio fell to 4.54%, and net NPA ratio declined to 0.90%.

IRCTC: Upgraded from ‘Schedule B’ to ‘Schedule A’ category in CPSEs.

JSW Steel: Q1 profit plunged 64.3% YoY to ₹867 crore. Revenue rose 1.7% to ₹42,943 crore. EBITDA declined 21.8% to ₹5,510 crore.

RBL Bank: Q1 profit jumped 29% YoY to ₹372 crore. Net interest income increased 20% to ₹1,700 crore. Gross NPA ratio rose to 2.69%, and net NPA ratio remained flat at 0.74%.

JK Cement: Q1 profit surged 66.9% YoY to ₹184.8 crore. Revenue rose 1.6% to ₹2,807.6 crore.

Yes Bank: Q1 profit grew 46.7% YoY to ₹502 crore. Net interest income increased 12.2% to ₹2,244 crore. Gross NPA ratio remained flat at 1.7%, and net NPA ratio dropped to 0.5%.

JSW Energy: Q1 profit surged 84% YoY to ₹534.2 crore. Revenue declined 1.7% to ₹2,879.5 crore.

ICICI Lombard General Insurance: Q1 profit spiked 48.7% YoY to ₹580.4 crore. Gross premium written grew 19.8% to ₹7,931 crore.

Patanjali Foods: Q1 profit zoomed 199.6% YoY to ₹262.9 crore. Revenue fell 7.6% to ₹7,173 crore.

CreditAccess Grameen: Q1 profit increased 14.8% YoY to ₹397.7 crore. Revenue rose 28.7% to ₹926.8 crore.

Route Mobile: Q1 profit declined 11.5% YoY to ₹81.2 crore. Revenue rose 14% to ₹1,103.4 crore.

RPG Life Sciences: Q1 profit grew 21.1% YoY to ₹26.8 crore. Revenue increased 11.9% to ₹165.4 crore.

Oberoi Realty: Q1 profit surged 81.7% YoY to ₹584.5 crore. Revenue jumped 54.4% to ₹1,405.2 crore.

Nippon Life AMC: Q1 profit zoomed 41% YoY to ₹332.3 crore. Revenue increased 42.6% to ₹505 crore.

Indian Hotels: Q1 profit rose 10.2% YoY to ₹260.2 crore. Revenue increased 5.7% to ₹1,550.2 crore.

Supreme Petrochem: Q1 profit zoomed 76.1% YoY to ₹121.9 crore. Revenue jumped 28.4% to ₹1,573.5 crore.

Tejas Networks: Q1 profit sank 47.2% QoQ to ₹77.5 crore. Revenue grew 17.8% to ₹1,562.8 crore.

EMS: Received a contract for developing a water supply and sewerage system in Dehradun worth ₹535.19 crore.