Adani Total Gas Declares Dividend Amid Profit Slide; Stock Down 33% YoY

Adani Total Gas has announced a final dividend of ₹0.25 per equity share (125% of the face value of ₹1), for the financial year 2024–25. This takes the total dividend for the year to ₹0.50 per share. With this, the dividend yield has gone up slightly to 0.08% from 0.04%.

Interestingly, the company has maintained a consistent dividend payout of ₹0.25 per share over different quarters and financial years, regardless of changes in profit or stock price.

According to the company’s stock exchange filing, “The Board has recommended a dividend of ₹0.25 per fully paid-up equity share of face value ₹1 for FY2024–25, subject to shareholder approval in the upcoming AGM.”

Q4 FY25 Results: Net Profit Drops 8%

Adani Total Gas reported an 8% drop in net profit to ₹155 crore for the quarter ending March 2025, down from ₹167.96 crore in the same quarter last year. The decline was despite higher city gas distribution volumes.

On a positive note, revenue from operations grew 15.5% year-on-year to ₹1,453.37 crore, up from ₹1,258.37 crore in Q4 FY24. The company’s EBITDA increased slightly by 0.6% to ₹266.4 crore. However, the EBITDA margin narrowed to 19.9% from 20.5% in the previous quarter, reflecting cost pressures.

Read More, Tata Technologies Share Price Falls Over 5% After Block Deal, Down 50% From Listing Price. 

Q3 FY25 Review: Profit Fell Sharply

In Q3 FY25, Adani Total Gas reported a 20% decline in net profit to ₹142 crore. Revenue rose 13% year-on-year to ₹1,401 crore. Operating EBITDA also dropped 9% to ₹277 crore compared to ₹300 crore in the same period last year.

Stock Performance: Weak Long-Term Returns

Adani Total Gas shares have been under pressure recently:

  • Down 1.75% in the last 5 trading sessions

  • Gained 3.7% in the past month

  • Fell nearly 14% in the past six months

  • Dropped over 33% in the last 1 year

About Adani Total Gas Limited

Adani Total Gas Limited (AGL) is involved in the City Gas Distribution (CGD) sector, delivering natural gas to residential, commercial, industrial, and transport customers. AGL is jointly promoted by the Adani Group and TotalEnergies, with each holding a 37.4% stake. 

As of 1:25 pm IST on April 29, Adani Total Gas share price was trading at ₹610.80, with a market capitalisation of ₹67,180 crore and a P/E ratio of 100.64. The stock has a dividend yield of 0.041%, a 52-week high of ₹1,190.00, and a 52-week low of ₹532.60.

Conclusion

While Adani Total Gas continues to reward shareholders with consistent dividends, declining profits and weak stock performance highlight operational and market challenges. Investors may watch upcoming quarters for signs of recovery.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

PNB Housing Finance Share Price Jump 10% After 27% Rise in Q4 FY25 Profit and Better Asset Quality

PNB Housing Finance share price surged up to 10% on Tuesday, following the announcement of strong Q4 FY25 results. At 9:35 am, the stock was trading at ₹1,084.45 on the NSE, opening with a 7.48% gain and continuing its upward trend from the previous session. Over the last month, the stock has risen by over 20.3%.

The company also declared a final dividend of ₹5 per share for the financial year 2024–25.

Strong Growth in Profit and Income

In Q4 FY25, PNB Housing Finance reported a 28% year-on-year increase in net profit, reaching ₹567.1 crore. Net interest income rose by 19.2% compared to the same quarter last year. A key factor behind the profit growth was a provision write-back of ₹64.85 crore, whereas the same quarter last year had a provision expense of ₹6.63 crore. In the previous quarter, the company had a write-back of ₹36.13 crore.

Other income also increased by 10% YoY, further boosting the company’s earnings.

Read More, Sensex Weekly Expiry: RBL Bank Under F&O Ban on April 29.

Improved Asset Quality

The company’s asset quality showed improvement. Gross Non-Performing Assets (NPA) dropped to 1.08% from 1.19% in the previous quarter. Net NPA also declined to 0.69% from 0.8%.

Assets Under Management Cross ₹80,000 Crore

PNB Housing’s Assets Under Management (AUM) crossed ₹80,000 crore, showing a 13% rise from the previous year and a 4.5% increase compared to the previous quarter. Retail loan assets rose by 18.2% YoY to ₹74,802 crore as of March 31, 2025, driven by strong growth in affordable housing and emerging markets. The affordable loan segment alone crossed ₹5,000 crore during the year.

Managing Director and CEO Girish Kousgi said, “With strong focus on collections and consistent performance, gross NPA reduced from 1.50% last year to 1.08% in March 2025. Supported by strong financial performance, our Return on Assets (ROA) rose by 35 basis points to 2.55% for FY25.”

About PNB Housing Finance Limited

PNB Housing Finance Limited is an Indian housing finance company registered with the National Housing Bank. Established under the Companies Act, 1956, the company began operations on November 11, 1988. It is promoted by Punjab National Bank.

As of April 29, 2025, PNB Housing Finance share price is trading at ₹1,030.00, with a market capitalisation of ₹26,760 crore and a P/E ratio of 14.71. The stock has a 52-week high of ₹1,202.20 and a 52-week low of ₹616.60.

Conclusion

PNB Housing Finance’s robust financial performance, improved asset quality, and strong AUM growth signal steady momentum, reinforcing investor confidence in its long-term outlook.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

Paytm Share Price in Focus After ₹5,712 Crore GST Notice to Subsidiary

Shares of One 97 Communications Ltd (Paytm) are in focus after its subsidiary, considered a joint venture (JV) for group consolidation, received a GST show cause notice of ₹5,712 crore. The Directorate General of GST Intelligence (DGGI) claims that GST should be calculated at 28% on the total entry amount, instead of 18% paid earlier on the platform fees by gaming companies.

Industry-Wide Issue and Legal Status

Paytm said that the GST department has sent similar notices to several gaming companies. The matter is already under review by the Supreme Court, which has provided interim relief by putting a stay on further proceedings for now.

Impact on Paytm’s Financials

Paytm clarified that this notice will not affect its main operations. The revenues of First Games are not included in Paytm’s consolidated financials. Also, the share of First Games’ profit or loss is less than 1% of Paytm’s total profit/loss for the financial year ending March 31, 2024. The company’s total exposure to First Games is around ₹225 crore, mainly through a shareholder loan.

Read More, Sensex Weekly Expiry: RBL Bank Under F&O Ban on April 29.

About One97 Communications Ltd

One97 Communications Ltd is a multinational technology company based in Noida, Uttar Pradesh, India. Founded in 2000 by Vijay Shekhar Sharma, the company provides digital payment and financial services to both consumers and merchants across India through its various subsidiaries and business operations.

Stock Performance 

As of April 29, 2025, Paytm share price is trading at ₹866.00, down 1.79% for the day. Over the past month, the stock has gained 8.10%, rising ₹64.90. In the last 6 months, it has climbed 16.27%, up ₹121.10, and over the past year, it has surged 129.13%, gaining ₹487.80.

First Games Plans to Challenge GST Demand

First Games plans to file a writ petition against the GST notice, challenging the retrospective application of the GST rules that changed from October 1, 2023. They will also seek interim relief, similar to other gaming companies, and contest the proposed ₹5,712 crore liability for the period from January 2018 to March 2023.

Conclusion

While the GST notice is significant, Paytm has clarified that its exposure is limited and the issue is industry-wide. Investors await further legal developments.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.    

Tata Technologies Share Price Falls Over 5% After Block Deal, Down 50% From Listing Price

Tata Technologies share price dropped by over 5% on Tuesday, April 29, to ₹662 per share after nearly 16 million shares, or 3.95% of the company’s equity, were traded in a large block deal. The names of the buyers and sellers are not yet known. A day earlier, reports suggested that TPG Rise Climate, linked to US-based TPG Inc., planned to sell around 15.86 million shares (3.89% stake) in Tata Technologies at a discounted price of ₹670–₹699 per share.

TPG’s Stake and Discounted Sale

As of March 2025, TPG held a 6.01% stake (about 2.43 crore shares) in the company. The reported deal would reduce its holding significantly, with the sale likely offering up to a 5% discount compared to Monday’s closing price.

Read More, Sensex Weekly Expiry: RBL Bank Under F&O Ban on April 29.

Core Business and Stock Performance Since Listing

Tata Technologies provides engineering and digital transformation services to global manufacturing companies, helping them design and develop better products. The company had a strong debut on the stock market on November 30, 2023, listing at ₹1,200 per share, far above its IPO price of ₹500. However, the stock has lost nearly 50% of its value since then and has closed lower in 13 of the last 18 months. Even so, it still trades 32% above its IPO price.

Q4 FY25 Profit Jumps 20%, Revenue Slightly Down

For the January–March quarter of FY25, Tata Technologies reported a 20% rise in net profit to ₹188.87 crore, up from ₹157.24 crore a year ago. However, revenue dipped by 1.18% YoY to ₹1,285.65 crore. Operating EBITDA was ₹233 crore, and margins remained flat at 18%.

Dividends and Deal Wins Announced

The company announced a final dividend of ₹8.35 per share along with a special one-time dividend of ₹3.35 per share. It also shared that it secured 17 large deals in FY25, including one major contract worth over $500 million, two deals over $50 million, and another over $20 million.

Conclusion

Tata Technologies continues to strengthen its business through steady profit growth and large deal wins. However, heavy selling pressure from major investors like TPG and weak stock performance since listing highlight the challenges the company faces in maintaining investor confidence in the near term.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

UltraTech Cement Q4 FY25 Results: Profit Rises Nearly 10% to ₹2,482 Crore; ₹77.50 Dividend Declared

UltraTech Cement Ltd reported a 9.92% increase in net profit for the January–March quarter (Q4 FY25), with profits rising to ₹2,482 crore from ₹2,258 crore in the same period last year.

Higher Revenue and Operational Performance

The company’s consolidated net sales for Q4 FY25 stood at ₹22,788 crore, up from ₹20,069 crore in Q4 FY24. Its profit before interest, depreciation, and tax (EBITDA) rose to ₹4,721 crore from ₹4,250 crore in the same quarter last year.

Read More, Sensex Weekly Expiry: RBL Bank Under F&O Ban on April 29.

Annual Performance and Global Sales Volume

For the full financial year, UltraTech achieved sales volumes of 135.83 million metric tonnes (ml mt), one of the highest in the world outside China. Total net sales for FY25 were ₹74,936 crore, compared to ₹69,810 crore in FY24. However, EBITDA for the year slightly dropped to ₹13,302 crore from ₹13,586 crore, and annual net profit declined to ₹6,039 crore from ₹7,005 crore due to increased interest and depreciation costs.

Energy Costs Fall, Capacity Utilisation Remains High

UltraTech said its energy costs dropped by 14% year-on-year thanks to lower fuel prices, which averaged ₹881 per tonne in Q4 FY25 compared to ₹1,025 per tonne last year. The company achieved 89% capacity utilisation in the quarter and 78% for the entire year.

Dividend Announcement

The Board of Directors recommended a dividend of ₹77.50 per share, which totals ₹2,283.75 crore. This represents a 775% payout on the face value of ₹10 per share. The dividend will be taxed in the hands of shareholders, and the company will deduct tax at source as per applicable laws.

Capacity Expansion and Infrastructure Growth

UltraTech continued to expand its production capacity in FY25, adding 42.60 million tonnes per annum (mtpa) through both organic and inorganic growth. The company also commissioned 17.40 mtpa capacity across different locations in India during the year. Additionally, it opened its first bulk cement terminal in Lucknow, Uttar Pradesh, with the ability to handle 1.8 mtpa.

About UltraTech Cement Limited

UltraTech Cement Limited, headquartered in Mumbai, is an Indian multinational and the country’s largest producer of grey cement, white cement, and ready-mix concrete. Globally, it ranks as the fifth-largest cement manufacturer, with an installed production capacity of 152.70 million tonnes per annum and an annual sales volume of 119 million tonnes.

As of 11:09 AM IST on April 29, 2025, UltraTech Cement share price stood at ₹11,910.00, down ₹204.00 or 1.68% for the day. The stock opened at ₹12,201.00, reached a high of ₹12,222.00, and a low of ₹11,885.00 during the trading session. The company’s market capitalisation was ₹3.51 lakh crore, with a price-to-earnings (P/E) ratio of 55.01 and a dividend yield of 0.59%. The stock hit its 52-week high of ₹12,339.00 and its 52-week low of ₹9,408.05.

Conclusion

UltraTech Cement continues to showcase strong operational performance with growing sales, disciplined cost control, and major capacity additions. The company’s focus on expansion and efficiency positions it well for future growth, while rewarding shareholders with a generous dividend.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

Adani Green Energy Q4 FY25 Results: Profit Grows 24% YoY to ₹383 Crore, Revenue Up 22%

Adani Green Energy announced its financial results for the January–March quarter of FY25 on Monday, April 28, 2025. The company’s net profit increased by 24% to ₹383 crore compared to ₹310 crore in the same quarter last year.

Revenue from Core Operations Increases

The company’s revenue from its main business activities rose 21.6% to ₹3,073 crore in Q4 FY25, compared to ₹2,527 crore in the corresponding period of the previous year.

Strong Growth in Power Supply Revenue

Revenue from the power supply segment grew 37% during the quarter, reaching ₹2,655 crore, up from ₹1,941 crore in the same period last year.

Rise in Expenses

Adani Green Energy’s total expenses increased by 12% in the fourth quarter, climbing to ₹2,702 crore from ₹2,414 crore recorded in Q4 FY24.

Read More, Sensex Weekly Expiry: RBL Bank Under F&O Ban on April 29.

Leadership Update

The company also announced the reappointment of Vneet S. Jaain as the Managing Director, according to its exchange filing.

Share Price Performance

Adani Green Energy share price was ₹934.00 as of 10:34 AM IST on April 29, 2025, down by ₹7.00 or 0.74% from the previous close. The stock opened at ₹960.00 and touched a high of ₹961.90 and a low of ₹933.50 during the trading session. 

The company’s market capitalisation stood at ₹1.48 lakh crore. Its price-to-earnings (P/E) ratio was 118.27, and the stock does not offer any dividend yield. 

Stock Returns

  • 5-Year Performance: Adani Green Energy shares have delivered over 343.81% returns to investors over the past five years.

  • 1-Year Performance: In contrast, the stock has fallen by 48.31% over the last one year.

  • 52-Week High: The stock hit a 52-week high of ₹2,173.65 on June 3, 2024.

  • 52-Week Low: It touched a 52-week low of ₹758 on March 3, 2025.

Conclusion

Adani Green Energy continued its growth momentum in Q4 FY25, supported by strong operational performance and higher power supply revenues. While the stock faced pressure over the past year, its robust 5-year returns highlight the company’s long-term potential. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.    

UCO Bank Q4 FY25 Results: Profit Jumps 24% to ₹665.7 Crore, NPAs Improve

UCO Bank reported a 24% rise in consolidated net profit to ₹665.72 crore for the quarter ended March 2025, compared to ₹537.86 crore in the same quarter last year.

Higher Income

The bank’s consolidated total income during the quarter was around ₹8,136 crore, up from ₹6,984 crore a year ago.

Full-Year Performance

For the full FY ended March 31, 2025, UCO Bank’s consolidated net profit grew to ₹2,468 crore, compared to ₹1,671 crore in FY24.

Read More, Sensex Weekly Expiry: RBL Bank Under F&O Ban on April 29.

Improved Asset Quality

UCO Bank’s asset quality showed improvement:

  • Gross NPA ratio fell to 2.69% from 3.46% a year ago.

  • Net NPA ratio dropped to 0.50% from 0.89%.

  • The provision coverage ratio stood strong at 96.69%.

Business Growth

The bank’s total business grew 14.12% year-on-year to ₹5,13,527 crore as of March 2025, supported by:

  • 17.72% growth in gross advances to ₹2,19,985 crore.

  • 11.56% rise in total deposits to ₹2,93,542 crore.

Strong Growth in Retail, Agriculture, and MSME Lending

The RAM (Retail, Agriculture, MSME) portfolio expanded 25.74% year-on-year to ₹1,22,613 crore, driven by:

  • 35.09% surge in retail advances.

  • 20.02% rise in agriculture advances.

  • 18.55% growth in MSME lending.

Branch Network and Government Holding

As of March 31, UCO Bank operated:

  • 3,302 domestic branches

  • 2 overseas branches (in Hong Kong and Singapore)

  • 1 representative office in Iran.

The government’s shareholding reduced to 90.95% from 95.39% after a capital infusion.

About UCO Bank

UCO Bank, earlier known as United Commercial Bank, is a government-owned Indian public sector bank headquartered in Kolkata. It is considered a medium-sized public sector bank in India. UCO Bank was ranked 1948 in the Forbes Global 2000 list in 2018 and secured the 80th position in the Fortune India 500 list in 2020.

As of 09:57 AM, UCO Bank share price is trading at ₹32.19, up 4.58% today. The stock opened at ₹32.15 and touched a high of ₹33.14 and a low of ₹31.80 during the day. The bank has a market capitalisation of ₹40,460 crore, a P/E ratio of 16.52, and offers a dividend yield of 0.87%. Over the past 52 weeks, the stock has hit a high of ₹62.35 and a low of ₹26.81.

Conclusion

With strong profit growth, better asset quality, and expanding business across retail, agriculture, and MSME segments, UCO Bank continues to strengthen its financial position. The bank’s improving fundamentals and wide network expansion indicate positive momentum for future growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.    

Castrol India Q4 FY25 Results: Net Profit Rises 8% YoY, Revenue Grows 7%

Castrol India Limited announced its financial results for the January-March 2025 quarter on Monday, April 28. The company reported an 8% increase in its net profit, which rose to ₹233.46 crore compared to ₹216.24 crore in the same quarter last year.

The company’s revenue from its main business operations also increased by 7.3%, reaching ₹1,422 crore in the fourth quarter of FY25, up from ₹1,325.24 crore during the same period a year ago.

Increase in Expenses

Castrol India’s total expenses for the January-March quarter went up by 7.9% year-on-year (YoY) to ₹1,141.52 crore. In the same quarter of the last financial year, total expenses were ₹1,057.33 crore.

One of the main reasons for this rise in expenses was the increase in the cost of raw materials. The company’s raw material costs jumped by 23.7%, reaching ₹705.92 crore during the quarter, compared to ₹570.65 crore in the corresponding quarter of the previous fiscal year.

Read More, Sensex Weekly Expiry: RBL Bank Under F&O Ban on April 29. 

About Castrol India Limited

Castrol India Limited makes lubricants used in vehicles and industries. It is the second-largest lubricant maker in India and holds about 20% of the total market share. The company is a part of Castrol Limited, which is based in the UK.

Castrol India Share Price Performance

As of April 29, 2025, at 9:27 am IST, Castrol India share price stood at ₹206.85, down 1.27% or ₹2.66 for the day. The stock opened and hit a high of ₹208.91 and touched a low of ₹206.34 during the session. Castrol India has a market capitalisation of ₹20,480 crore, a price-to-earnings (P/E) ratio of 22.07, and offers a dividend yield of 4.11%. The stock’s 52-week high is ₹284.40, and the 52-week low is ₹162.60. 

Over the past month, the share price rose by 0.07%, while it declined by 1.19% in the past six months and fell by 2.40% over the past year. However, over the last 5 years, Castrol India’s stock has delivered a strong return of 59.61%, gaining ₹77.31.

Conclusion

Despite rising raw material costs impacting expenses, Castrol India delivered strong Q4 results with healthy growth in both profit and revenue. The company remains an important player in India’s lubricant market and continues to show resilience in a competitive environment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.       

ITR Filing 2025: Form 16 Will Come in a New Format – Here’s What You Need to Know

The new financial year has already started from April 1, 2025, and taxpayers across India are preparing to file their ITR (Income Tax Returns) for the previous year. The Income Tax Department is expected to announce the filing forms for the financial year 2024-25 (Assessment Year 2025-26) soon. As the deadline gets closer, it is important for taxpayers to have all the necessary documents ready to make the ITR filing process easy and error-free.

One of the most important documents for salaried people is Form 16, which is issued by employers. It contains key information about an employee’s salary and the tax deducted at source (TDS) during the financial year. Understanding Form 16 is important for both employees and employers because it helps in filing ITR correctly and following tax rules.

What is Form 16?

Form 16 is proof that the employer has deducted TDS from an employee’s salary and deposited it with the Income Tax Department. It summarises the total income earned and the taxes paid by the employee.

If you changed jobs during the financial year, you must collect Form 16 from every employer you worked with. Form 16 is divided into two parts – Part A and Part B.

Read More, Income Tax Return 2025: Filing Dates, ITR Form Types, and How to File Online.

What is Included in Part A?

Part A gives important details about the taxes deducted by the employer and submitted to the government every quarter. It includes:

  • Employee’s name, address, and PAN (Permanent Account Number)

  • Employer’s TAN (Tax Deduction and Collection Account Number) and PAN
     It helps employees cross-check the TDS entries with their payslips.

What is Included in Part B?

Part B is an annexure to Part A and contains a full breakdown of the employee’s salary and deductions allowed under different sections of the Income Tax Act.
 It shows:

  • Exemptions under Section 10 (like House Rent Allowance and other allowances)

  • Deductions under Sections 80C and 80D (such as life insurance premiums, health insurance premiums, and contributions to the Public Provident Fund – PPF)

Why Form 16 is Important

Form 16 is very important for multiple reasons:

  • It is needed for filing your ITR properly.

  • It is used as proof of income when applying for loans. Many banks and financial institutions check Form 16 to assess loan eligibility.

  • If you have paid extra TDS, Form 16 helps you claim a tax refund.

Thus, Form 16 is an essential document for managing taxes and ensuring a smooth return filing process.

Changes in Form 16

The Income Tax Department will soon announce the new guidelines for filing returns. Taxpayers should stay updated to avoid last-minute problems.

Salaried employees should note that some changes have been made to the Form 16 format, especially regarding tax deductions and perquisites. These changes aim to present all information about salary, taxes, deductions, and exemptions in a much clearer way.

What Has Changed in Form 16?

In the new format of Form 16:

  • Taxpayers will now get more detailed information compared to the old format.

  • Earlier, Form 16 included only basic details.

  • Now, it will clearly show:

    • Which allowances are tax-exempt

    • How much tax has been deducted

    • Which salary components are taxable

This update will reduce confusion while filing ITR and will make the entire process much simpler and more transparent.

Final Note

As the new tax season begins, it is important to understand the changes in Form 16 and ensure that you have all your important documents ready. This preparation will help you file your returns accurately, claim eligible deductions, and avoid last-minute errors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.       

 

IRFC Q4 FY25 Results: Net Profit Falls by 2%, Revenue Grows 4% YoY; Approves ₹60,000 Crore Fundraising for FY26

Indian Railway Finance Corporation (IRFC) announced its financial results for the fourth quarter of FY25 today. The company reported a net profit of ₹1,681.87 crore, which is a decrease of 2.1% compared to ₹1,717.32 crore in the same quarter last year.

However, the revenue from operations during the March 2025 quarter showed a positive growth of 3.8% year-on-year (YoY), rising to ₹6,722.83 crore from ₹6,474.58 crore recorded in Q4FY24.

Fundraising Plan for FY26

Along with the quarterly results, IRFC’s board of directors approved a major fundraising plan for the upcoming financial year. The company plans to raise up to ₹60,000 crore during FY26. The funds will be sourced from both domestic and international markets.

The company said that the funds would be raised through a variety of financial instruments such as:

  • Tax-Free Bonds

  • Taxable Bonds (through private placement or public issue)

  • Capital Gain Bonds

  • Government Guaranteed Bonds

  • Government Serviced Bonds

  • Zero Coupon Bonds

  • Perpetual Bonds

  • Subordinated Bonds

  • Market Linked Bonds

  • Environment, Social, and Governance (ESG) Bonds

  • Separately Transferable Redeemable Principal Parts (STRPP)

  • Other types of bonds or debentures

IRFC added that fundraising could also include loans from banks and financial institutions, institutional financing, securitisation of future lease receivables, and external commercial borrowings (ECBs).

The timing and method of the fundraising will depend on market conditions and the company’s funding requirements, which may include meeting Indian Railways’ funding needs, supporting new business opportunities, refinancing existing debts, and general corporate purposes. The funds could be raised in one or more tranches during the year.

Read More, KPIT Technologies Q4 Results: Profit jumps 47%; declared dividend of ₹6; details here. 

IRFC Share Price Movement

IRFC’s stock has been under pressure recently:

  • Over the last 3 months, the stock has dropped by 8%.

  • Year-to-date (YTD) in 2025, the stock has declined by 16%.

  • In the last six months, the stock has fallen by 12%.

  • Over the past one year, the stock has recorded a 20% decline.

Despite the short-term weakness, IRFC shares have delivered strong gains over the longer term:

  • Over the last two years, the stock price has jumped by 300%.

  • Over a three-year period, it has skyrocketed by 465%.

On April 28, 2025, IRFC share price closed at ₹128.10, down by ₹0.70 or 0.54% for the day. The stock had opened at ₹128.00 and touched an intraday high of ₹129.60 and a low of ₹125.63. Earlier in the day, around 10:20 AM, the stock was trading at ₹128.68.

Conclusion

Despite a slight dip in quarterly profits, IRFC continues to show stable revenue growth and is gearing up for an ambitious fundraising plan to support future expansion and Indian Railways’ funding needs. While the stock has seen short-term weakness, its strong long-term returns highlight investor confidence in the company’s fundamentals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.