Today’s trading will feature earnings releases from a broad range of companies including Oil & Natural Gas Corp, Bharti Airtel, Nykaa, Alembic, Emami, Godrej Properties, and many others. Investors will also track results from SBI Funds Management, Krishna Institute of Medical Sciences, Great Eastern Shipping, and more.
SBI Funds Management reported Q1 consolidated profit of Rs 880.3 crore, a 3.7% rise from Rs 848.8 crore last year. Revenue grew 15.2% to Rs 1,152.7 crore, and the loss narrowed to Rs 26.5 crore from a Rs 49.4 crore loss.
Krishna Institute of Medical Sciences saw profit fall 47.2% to Rs 41.5 crore, while revenue jumped 35.3% to Rs 1,179.5 crore. The parent company’s profit declined 12.7% to Rs 638.9 crore and revenue rose 2.8% to Rs 8,124.2 crore.
Great Eastern Shipping posted a 159.4% profit surge to Rs 1,308.8 crore. Revenue rose 66.9% to Rs 2,005.4 crore, but the company’s subsidiary profit fell 52.9% to Rs 1,280.3 crore from Rs 2,716.7 crore.
The Indian Renewable Energy Development Agency reported a 37.1% profit rise to Rs 338.5 crore and a 24.1% increase in net interest income to Rs 857.5 crore.
Texmaco Rail and Engineering posted a 66.8% profit jump to Rs 50 crore. Revenue fell 16.9% to Rs 756.7 crore, while other income rose to Rs 18.5 crore and tax write‑back was Rs 7.57 crore.
Kansai Nerolac Paints saw a 4.8% profit increase to Rs 231.6 crore and a 9.8% revenue rise to Rs 2,373.6 crore.
GlaxoSmithKline’s Q1 results varied across segments: profit rose 15.7% to Rs 237.2 crore, revenue increased 16.6% to Rs 938.4 crore, and profit jumped 40% to Rs 274.1 crore. Other segments showed mixed performance, with some profits falling and revenues rising or falling.
Restaurant Brands Asia narrowed its loss to Rs 28.3 crore, with revenue up 17.9% to Rs 822.6 crore.
Investor activity is also in focus. SAIF Partners plans to sell a 2.3% stake in Paytm, valuing the deal at about Rs 2,002 crore with a floor price of Rs 1,339.65 per share. Peak XV Partners and Elevation Capital intend to sell 2.3% of Meesho at a floor price of Rs 182.08 per share, amounting to roughly Rs 1,900 crore.
The government announced a sale of up to 6.5% of LIC through an OFS on August 4‑5. The base offer covers 2.5% of equity shares and a 4% green‑shoe option, with a floor price of Rs 382 per share.
LIC also launched a QIP issue on August 3, setting the floor price at Rs 518.58 per share to raise fresh capital.
A new sewerage project in Delhi is underway. LIC has received a Letter of Intent for a Rs 198.50 crore plant at Mohammadpur Majri and Kanjhawala, to be completed within 24 months.
In corporate news, Mike Frank, UPL’s CEO, has resigned to relocate to the United States. His tenure of four and a half years will end on August 31, 2026.
These developments provide a comprehensive backdrop for today’s market movements, with earnings, stake sales, and government initiatives all likely to influence investor sentiment.