📊 Results Roundup: Q4 FY24-25 — April 15
Earnings season is back — and just like a Bollywood masala movie, it’s got everything: drama, thrill, growth, and the occasional flop. Let’s decode the financials of the companies that dropped their Q4 results today and rate how they fared in the earnings spotlight.
☀️ IREDA (Indian Renewable Energy Development Agency)
Rating: ⭐⭐⭐⭐⭐ (5/5) — Shining bright like solar panels at noon
Key Metrics:
- Net Profit: ₹502 crore (▲49% YoY)
- Revenue from Operations: ₹1,905 crore (▲37% YoY)
- Net Interest Income (NII): ₹758 crore (▲57% YoY)
- Loan Book: ₹76,282 crore (▲28% YoY)
What’s Working: Strong growth in lending and India’s green push are driving IREDA forward.
What’s Not: Expenses are up 41%, which could weigh down margins if left unchecked.
Future Outlook: With India betting big on renewables, IREDA has wind in its sails — but needs to keep an eye on costs.
💼 ICICI Prudential Life Insurance
Rating: ⭐⭐⭐⭐ (4/5) — Smooth sailing, just trim the ULIP fat
Key Metrics:
- Net Profit: ₹385 crore (▲122% YoY)
- Net Premium Income: ₹16,369 crore (▲11% YoY)
- VNB Margin: 22.8% (▼ from 24.6%)
- APE: ₹3,502 crore (▼3.1% YoY)
- ULIP share: 48.3% (▼ from 50.8%)
What’s Working: Group insurance is the star here — stable and scaling.
What’s Not: Weak ULIP sales and a drop in VNB margins hint at investor caution.
Future Outlook: More product diversity and a stock market rebound could bring this back to full strength.
🛡️ ICICI Lombard General Insurance
Rating: ⭐⭐⭐ (3/5) — Strong bones, but a few bruises
Key Metrics:
- Net Profit: ₹510 crore (▼2% YoY)
- Gross Premium Income: ₹6,211 crore (▲2.3% YoY)
- Claims Paid: ₹3,510 crore (▲25.5% YoY)
- Combined Ratio: 102.5%
What’s Working: Health (▲30%) and Motor (▲18%) insurance segments are revving up.
What’s Not: Claims surged, profitability dipped, and combined ratios crossed 100%.
Future Outlook: Focused execution and better claim control can get this back on track.
🍻 GM Breweries
Rating: ⭐⭐⭐ (3/5) — Your classic “no surprises” stock
Key Metrics:
- Revenue: ₹136.5 crore (▼8% YoY)
- Net Profit: ₹21.5 crore (▼11% YoY)
- Margins: Slipped slightly but remain healthy
What’s Working: Stable alcohol brand with strong cost control.
What’s Not: Sales and profits have dipped — possibly due to changing demand or higher excise duties.
Future Outlook: Needs product innovation or volume recovery to stay frothy.
🌾 MRP Agro
Rating: ⭐⭐⭐⭐ (4/5) — Planting profits
Key Metrics:
- Net Profit: ₹6.9 crore (▲34% YoY)
- Revenue: ₹142 crore (▲18% YoY)
What’s Working: Solid top-line and bottom-line growth with improving agri trade dynamics.
What’s Not: Operating margins are thin, and rising input costs could squeeze profits.
Future Outlook: A good monsoon and stable pricing = green pastures ahead.
📉 Hathway Bhawani
Rating: ⭐ (1/5) — Viewer discretion advised
Key Metrics:
- Net Profit: ₹0.04 crore (vs ₹0.23 crore YoY)
- Revenue: ₹5.7 crore (flat)
What’s Working: Honestly… not much.
What’s Not: Profit crashed 80% and stock price tanked over 19%.
Future Outlook: Needs a turnaround plan, a content push, or a strategic investor — fast.
🏗️ Delta Industrial Resources
Rating: ⭐⭐ (2/5) — Present, but not powerful
Key Metrics:
- Revenue and Profit: Flat
- Stock barely moved
What’s Working: Stability? Maybe?
What’s Not: No real growth drivers or exciting narrative.
Future Outlook: Needs to define its strategy or remain a “just there” stock.
🔮 Final Word
From IREDA’s green energy momentum to ICICI’s stable insurance play, the day saw a mix of fireworks and flops. GM and MRP Agro played it safe, while Hathway needs a rescue. For investors, the winners are clear — but the underdogs might have surprise innings ahead.