📊Q4FY25 Earnings Review April 23: LTIMindtree, Tata Consumer Products, Bajaj Housing Finance, 360 ONE WAM, Dalmia Bharat, Syngene International, Maharashtra Scooters

Priyanshu Gupta
Priyanshu Gupta
••7 min read
📊Q4FY25 Earnings Review April 23: LTIMindtree, Tata Consumer Products, Bajaj Housing Finance, 360 ONE WAM, Dalmia Bharat, Syngene International, Maharashtra Scooters

As we head into FY26, several major companies have announced their Q4 results for the fiscal year 2024–25. The results span various sectors, from IT services and FMCG to housing finance and asset management, showcasing the ongoing dynamics of India’s corporate landscape. Here’s a breakdown of the key players and their Q4 performance:

LTIMindtree

Rating: ⭐⭐⭐ (3/5) — Steady Growth Amid Challenges

  • Net Profit: ₹1,128.5 crore (▲2.6% YoY)
  • Revenue: ₹8,900 crore (▲10% YoY)
  • Dividend: ₹45 per share (Final dividend)

✅ What’s Working:

  • Consistent revenue growth despite the macroeconomic challenges
  • Robust performance in key verticals, including tech-intensive sectors
  • Strategic leadership transition to Venu Lambu

❌ What’s Not:

  • Marginal growth in net profit
  • High attrition rate of 14.4%

🔮 Outlook:
LTIMindtree’s strong presence in tech-driven sectors and ability to secure large deals positions it well for future growth. However, its performance will depend on stabilizing employee retention and navigating the volatile global economy.

Tata Consumer Products

Rating: ⭐⭐⭐ (3/5) — Mixed Results with Growth Concerns

  • Net Profit: ₹345 crore (▲59% YoY)
  • Revenue: ₹4,602.3 crore (▲17.2% YoY)
  • EBITDA: ₹620.8 crore (▼1.4% YoY)

✅ What’s Working:

  • Strong profit growth despite revenue pressures
  • Double-digit revenue growth guidance for the long term

❌ What’s Not:

  • Declining EBITDA margin (down 256 bps YoY)
  • Slightly underwhelming India Tea volume growth at 2% YoY

🔮 Outlook:
Tata Consumer Products’ long-term growth prospects remain strong due to premium portfolio traction and improved international performance. However, the company must address margin erosion and slow growth in its domestic tea business.

Bajaj Housing Finance

Rating: ⭐⭐⭐⭐ (4/5) — Strong Profit Growth Despite Market Weakness

  • Net Profit: ₹586.68 crore (▲53% YoY)
  • Net Interest Income (NII): ₹2,373.73 crore (▲24.4% YoY)
  • Expenses: ₹1,788.27 crore (▲18.5% YoY)

✅ What’s Working:

  • Exceptional net profit growth despite the challenging market environment
  • Strong NII performance driven by robust lending operations

❌ What’s Not:

  • Increased expenses slightly impacting bottom-line growth

🔮 Outlook:
Bajaj Housing Finance’s focus on its core lending business and prudent risk management strategies positions it as a solid performer in the housing finance sector, with steady growth potential in the coming quarters.

360 ONE WAM Ltd.

Rating: ⭐⭐⭐⭐ (4/5) — Steady Growth and Strategic Expansion

  • Net Profit: ₹250 crore (▲3.6% YoY)
  • Revenue: ₹658 crore (▲5.7% YoY)
  • Dividend: ₹6 per share

✅ What’s Working:

  • Strong AUM growth, especially in recurring income assets
  • Strategic collaboration with UBS AG to expand wealth management services

❌ What’s Not:

  • Slower growth in non-recurring revenue segments

🔮 Outlook:
360 ONE WAM is well-positioned for long-term growth through its strategic alliances and focus on expanding its wealth management services. The company is likely to benefit from its recurring revenue base and continued strong client retention.

Dalmia Bharat

Rating: ⭐⭐⭐⭐ (4/5) — Strong Profit Growth, But Declining Revenue

  • Net Profit: ₹439 crore (▲37.18% YoY)
  • Revenue: ₹4,091 crore (▼5% YoY)
  • EBITDA: ₹793 crore (▲21% YoY)

✅ What’s Working:

  • Significant profit growth driven by cost efficiencies
  • Focus on renewable energy and cost leadership initiatives

❌ What’s Not:

  • Revenue decline due to lower sales volumes and softer cement prices

🔮 Outlook:
Dalmia Bharat’s focus on cost control and energy-efficient operations makes it a strong player in the cement sector, despite the challenging market conditions. The company remains a solid bet for long-term investors.

Syngene International

Rating: ⭐⭐⭐ (3/5) — Steady Growth with Acquisition Strength

  • Net Profit: ₹183.3 crore (▲2.8% YoY)
  • Revenue: ₹1,018 crore (▲11% YoY)
  • EBITDA: ₹343.6 crore (▲8.4% YoY)

✅ What’s Working:

  • Strategic acquisition of a biologics manufacturing facility in the US
  • Robust growth in the biologics CDMO segment

❌ What’s Not:

  • Missed revenue and EBITDA expectations
  • Slower-than-expected revenue growth in research services

🔮 Outlook:
Syngene International’s acquisition and focus on biologics position it well for the future, but it must address execution challenges in its core research services business to maintain competitive edge.

Maharashtra Scooters

Rating: ⭐⭐⭐⭐⭐ (5/5) — Strong Profit Surge with Dividend Delight

  • Net Profit: ₹51.63 crore (▲516% YoY)
  • Revenue: ₹6.65 crore (▲28.4% YoY)
  • Dividend: ₹60 per share (300% on ₹10 face value)

✅ What’s Working:

  • Strong profit growth from a low base
  • Attractive dividend payout boosting shareholder returns

❌ What’s Not:

  • Limited revenue scale

🔮 Outlook:
Maharashtra Scooters continues to deliver solid performance on both profit growth and shareholder rewards. While its limited revenue base is a concern, it remains a hidden gem for long-term investors.


Tips Music

Rating: ⭐⭐⭐ (3/5) — Steady Growth with Strong Profit Margins

  • Net Sales: ₹78.49 crore (▲24.08% YoY)
  • Net Profit: ₹30.61 crore (▲18.82% YoY)
  • EBITDA: ₹41.93 crore (▲18.08% YoY)
  • EPS: ₹2.39 (▲18.92% YoY)

✅ What’s Working:

  • Strong sales and profit growth
  • Healthy EBITDA margin expansion

❌ What’s Not:

  • Stock performance has been underwhelming with a 14.66% decline in the last 6 months

🔮 Outlook:
Tips Music continues to show positive growth in key financial metrics, but its recent stock performance highlights challenges in market sentiment. The company remains poised for growth, but investors will need to watch for sustained performance in the coming quarters.

Final Thoughts

Q4FY25 results show a mix of growth and challenges. 360 ONE WAM, Bajaj Housing Finance, and Dalmia Bharat delivered strong performance with growth in key areas like assets under management and net interest income. Syngene International showed steady growth but missed revenue and EBITDA expectations. LTIMindtree and Tata Consumer Products posted growth but faced margin pressures, while Tips Music saw strong profits but weak stock performance.

Maharashtra Scooters stood out with significant profit increases and shareholder-friendly actions. Looking into FY26, 360 ONE WAM and Bajaj Housing Finance remain strong, while Tips Music and Tata Consumer need to address margin and stock concerns to sustain growth.