Blog

Shares of Hero MotoCorp on Tuesday were trading 2.02 per cent up at Rs 4,071.05 apiece on BSE.

The company sold 13.81 lakh units of motorcycles and scooters in the fourth quarter, marginally down from 13.92 lakh units it sold in the same quarter of FY24

For FY25, the company said its consolidated PAT rose to Rs 4,376 crore as compared with Rs 3,742 crore, an increase of 17 per cent. Total income increased to Rs 41,967 crore last fiscal as compared with Rs 38,643 crore in FY24.

The company said its bike and scooter sales last fiscal stood at 58.99 lakh, up 5 per cent as compared with 56.21 lakh units in FY24. The company said its board approved a final dividend of Rs 65 per share of face value of Rs 2 each (3,250 per cent) subject to approval of shareholders.

“We achieved highest-ever revenue and profit in the year, reinforcing our position as the market leader for the 24th consecutive year, closing both CY24 and FY25 at the top,” Hero MotoCorp Executive Director and Acting CEO Vikram S Kasbekar said.

The company’s success during the year was underpinned by robust growth across the premium, scooter, and EV segments, fuelled by several new product launches, he said.

Export volumes outpaced industry trends, and we further expanded our premium retail footprint across India while entering new global markets,” Kasbekar said.

The company is observing strong retail traction, especially in the new premium and scooter offerings, he said.

Continued consolidation in the core segment, growth in the 125cc category, and the upcoming EV launch positions the company well for sustained momentum, he added.

“Looking ahead, we remain optimistic about the near to mid term outlook. Key macroeconomic indicators, including revised income tax slabs, repo rate cuts, a strengthening rural economy, and a favourable monsoon forecast, are expected to support industry growth,” Hero MotoCorp CFO Vivek Anand stated.

During the board meeting, Executive Chairman Pawan Munjal praised the strong national leadership for dealing with terror threats.

“The Pahalgam attack and the recent developments along our borders serve as a powerful reminder of the ongoing threats our nation faces…Moments like these highlight the true essence of leadership — it’s not just about running organisations, but about shaping how we respond, how we support, and how we lead with empathy and resolve,” he stated.

Shares of Hero MotoCorp on Tuesday were trading 2.02 per cent up at Rs 4,071.05 apiece on BSE.

Higher prices would slow momentum of the PS5, especially as it competes with Nintendo Switch 2, which launches in June.

Sony Group offered an underwhelming forecast for the year ahead, with the burden of US tariffs wiping out expectations for an increase in operating profit. 

The entertainment-focused group said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Even without the tariffs, Sony’s projection falls shy of the average analyst estimate of ¥1.5 trillion (roughly Rs. 87,126 crore) and is essentially flat compared to the year concluded in March 2025.

The new outlook came alongside the announcement of a share buyback of as much as ¥250 billion (roughly Rs. 14,521 crore) and the timeline for a partial spinoff of Sony’s financial unit. Sony said it plans to list the financial operation on September 29 and will start to treat it as a discontinued business in its accounting from the current quarter.

Shares of Sony extended their gains, rising as much as 4.5 percent after the report. Buybacks are soaring in Japan as companies that have been hoarding cash for years come under increasing pressure to lift capital efficiency and boost shareholder returns. 

Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,836 crore). The company sold 18.5 million PlayStation 5 consoles in the year to March, following 20.8 million in the year earlier.

Sony’s new Chief Executive Officer Hiroki Totoki’s first task is to navigate the entertainment group though a new era of a tariffs-wielding US. The US comprises the bulk of PlayStation 5 sales, which is mostly produced in China. Sony raised the console’s price in Europe, Australia and New Zealand last month, leaving questions about possible price hikes in the US should tariffs become a constant

Higher prices would slow momentum of the five-year-old hardware, especially as it vies with rival Nintendo’s Switch 2, which launches in June. The postponement of Rockstar Games’s much-awaited Grand Theft Auto VI is also weighing on PlayStation sales in the current fiscal year.

The delay in GTA VI is a real blow to the PS5,” said David Cole, chief executive officer of US-based digital entertainment research firm DFC Intelligence. “This was supposed to be the product that got many consumers to get off the PS4 and on to a PS5.”

Sony’s other operations are also under siege. The outlook for image sensors, used in smartphones by everyone from Apple to Xiaomi, is  murky, with tariffs hitting handsets in the US. And President Donald Trump has suggested tariffs may also be placed on movies made outside the US, just as Sony is promoting Japanese animated films such as the Demon Slayer series overseas.

The company said it plans to introduce 26 models, including six electric vehicles, between FY26 and FY30

Hyundai Motor India on Friday reported a 4 per cent dip in its consolidated profit after tax to Rs 1,614 crore for the fourth quarter ended on March 31, 2025, on account of lower sales in the domestic market. The automaker had posted a profit after tax (PAT) of Rs 1,677 crore in the January-March period of 2023-24. Total revenue from operations rose to Rs 17,940 crore for the period under review as compared with Rs 17,671 crore in the year-ago period, Hyundai Motor India Ltd (HMIL) said in a regulatory filing.

The company said it sold 1,53,550 units in the domestic market in the fourth quarter as compared with 1,60,317 units in the same period of FY24

Exports increased to 38,100 units in the fourth quarter as compared with 33,400 units in the year-ago period.

For the entire 2023-24 fiscal, the company reported a consolidated PAT of Rs 5,640 crore, down 7 per cent as against Rs 6,060 crore in FY24. Revenue increased to Rs 69,193 crore for the last fiscal as compared with Rs 69,829 crore in the 2023-24 financial year.

Exports increased to 38,100 units in the fourth quarter as compared with 33,400 units in the year-ago period.

For the entire 2023-24 fiscal, the company reported a consolidated PAT of Rs 5,640 crore, down 7 per cent as against Rs 6,060 crore in FY24. Revenue increased to Rs 69,193 crore for the last fiscal as compared with Rs 69,829 crore in the 2023-24 financial year.

The company’s domestic sales declined to 5,98,666 units last fiscal as against 6,14,721 units in FY24. Exports remained flat at 1,63,386 units in FY25 as compared with 1,63,155 units in 2023-24 fiscal.

The company said its board has recommended a final dividend of Rs 21 per share of face value of Rs 10 each for the 2024-25 fiscal.

Hyundai said it has outlined a capex of Rs 7,000 crore for the current fiscal for strategic investments to drive sustainable mid to long-term growth.

The company said it plans to introduce 26 models, including six electric vehicles, between FY26 and FY30.

Media reports in Pak that Islamabad wants the World Bank to fast-track a 10-year, $20 billion loan deal – for private sector growth and climate resilience – agreed in January

India, fresh from the military success of Operation Sindoor, is set to raise the pitch of efforts to highlight Pakistan’s continued funding of cross-border terror, government sources told NDTV Profit Friday.

Sources said a two-pronged approach will involve a June meeting with the World Bank and a discussion to put Pak back on the ‘grey list’ of the Financial Action Task Force, a global anti-terror funding agency.

This comes amid media reports in Pak that Islamabad wants the World Bank to fast-track a 10-year, $20 billion loan deal – for private sector growth and climate resilience – agreed in January.

Days earlier the International Monetary Fund cleared a billion-dollar bailout. The IMF said Pakistan had “met all required targets” to receive a fresh instalment of the $2.3 billion package.

The Indian government had earlier expressed its disappointment that international agencies have chosen to transfer billions in ‘aid’ to Islamabad at this time, i.e., in the aftermath of the terror attack in Jammu and Kashmir’s Pahalgam, and military escalation by the Pakistan Army.

Sources said Finance Minister Nirmala Sitharaman spoke directly to the IMF Managing Director Kristalina Georgieva and urged her not to approve any financial aid to Pakistan. Ms Georgieva was told India is not against funding for any country, but pointed to the timing of this particular tranche.

Sources also said the Indian government had conveyed to the IMF that data from previous years indicated an uptick in Pakistan’s arms procurement after receiving aid from the agency.

Delhi was particularly irked that the IMF chose to release the funds while Pakistan was in the middle of firing a barrage of drones and missiles at military and civilian centres in western India.

The IMF, sources said, had been presented with data showing misuse of its funds by Pak.

India abstained from voting on the aid proposal last month but it passed anyway, despite many of the other member countries having condemned Pak for the Pahalgam terror attack.

Defence Minister Rajnath Singh warned the IMF, and other international funding bodies, Pak had already announced plans to spend government money – including that received as aid – in rebuilding locations the Indian military had identified as terror outfit HQs and training camps.

Op Sindoor targeted nine such locations – four in Pak and five in Pak-occupied Kashmir.

Mr Singh also warned that Pak plans to give tax revenue – as much as Rs 14 crore, money the cash-strapped country could put towards education or healthcare – to Masood Azhar.

Azhar is recognised by the United Nations as an ‘international terrorist’, and is the leader of the banned Jaish-e-Mohammed that was behind the 2019 Pulwama and 2016 Uri terror attacks.

“The IMF’s aid to Pak is form of indirect funding to terror,” Mr Singh said, “Any financial assistance to Pak is funding terror activities. The IMF should reconsider its decision.”

Pak’s ‘Terror Funder’ Status

In 2018 Pak was put on a ‘grey list’ of the Financial Action Task Force, or FATF, a global watchdog for financing terrorism and money laundering. In 2022 it was removed from that list.

FATF said the Pak government had reasonably strengthened its anti-money laundering setup and worked on combating terror financing, besides addressing technical deficiencies.

Being on the ‘grey list’ meant Pak struggled to get aid from financial institutions like the IMF.

India, one of the 40 FATF members, had strenuously objected to Pak’s removal from the ‘grey list’, saying Islamabad continues to harbour terrorists and funds their organisations.

This issue has also been flagged in other international forums, like the United Nations and the UN Security Council. The latter had tough questions for Pak after the Pahalgam attack.

Meanwhile, the Pak government has also sought an additional $4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.

At the end of trading, Sensex was down 624.82 points or 0.76 per cent at 81,551.63 and Nifty was down 174.95 points or 0.70 per cent at 24,826.20.

The Indian stock market closed in the red on Tuesday due to profit booking, driven by valuation concerns and weakness across the Asian markets.

At the end of trading, Sensex was down 624.82 points or 0.76 per cent at 81,551.63 and Nifty was down 174.95 points or 0.70 per cent at 24,826.20.

The decline was led by FMCG, IT, auto and metal sectors. Nifty Auto index closed down 0.70 per cent, Nifty IT index 0.75 per cent, Nifty Financial Service index 0.64 per cent and Nifty FMCG index 0.88 per cent.

Unlike largecap, buying was seen in smallcap and midcap indexes. The Nifty Midcap 100 index rose 87.25 points, or 0.15 per cent, to close at 57,154.50, and the Nifty Smallcap 100 index rose 17.35 points, or 0.10 per cent, to close at 17,725.15.

The Nifty has been consolidating for the past 10-11 days, setting an indecisive tone among investors. However, the overall trend remains strong as the index continues to sustain above the short-term moving average,” said Rupak De from LKP Securities.

The short-term outlook remains positive, with the potential to reach the 25,000-25,150 range. On the lower end, support is placed at 24,700, he mentioned.

Markets had a volatile session, marked by sharp swings on both sides.

Sectoral performance was mixed. PSU banks and realty stocks stood out with positive momentum, while major weakness was visible in consumer goods, IT, auto, consumption and financial services sectors.

“All in all, today’s session was a classic example of indecision, with bulls and bears both making bold attempts,” said Sundar Kewat from Ashika Institutional Equity.

Conversely, “mid and smallcap segments remained relatively resilient, supported by better than estimated Q4 earnings and moderation in premium valuation,” added Vinod Nair, Head of Research, Geojit Investments Limited.

On rupee’s performance, Dilip Parmar from HDFC Securities said that in the near term, “the spot USD-INR pair is anticipated to rise incrementally due to month-end adjustments and demand from oil importers. The pair faces resistance at 85.90 and has support at 84.80”.

The latest sales data comes on the heels of the company’s sharp 51 per cent drop in consolidated net profit for the fourth quarter (Q4) of FY25

Tata Motors on Sunday reported an 8.6 per cent year-on-year (YoY) drop in vehicle sales for May 2025 across domestic and international markets, continuing a trend of subdued performance in its core domestic business.

The company sold a total of 70,187 units in May 2025, down from 76,766 units in the same month last year (May 2024), according to a Tata Motors statement.

In the domestic market, total sales fell by 10 per cent, with 67,429 units sold in May 2025, compared to 75,173 units in May 2024.

Commercial vehicle sales also registered a decline, with 28,147 units sold last month, down 5 per cent from 29,691 units a year earlier.

Within the commercial vehicle segment, the domestic sale of medium and heavy commercial vehicles (MH&ICV), which includes trucks and buses, stood at 12,406 units in May 2025 — slightly lower than the 12,987 units recorded in May 2024.

However, total MH & ICV sales, including exports, showed marginal improvement, rising to 13,614 units from 13,532 units a year ago.

These figures include the performance of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiaries of Tata Motors Limited.

The latest sales data comes on the heels of the company’s sharp 51 per cent drop in consolidated net profit for the fourth quarter (Q4) of FY25.

Tata Motors reported a net profit of Rs 8,470 crore for the January-March 2025 period, down from Rs 17,407 crore in the same quarter last year, despite stable revenue and improved performance by its luxury arm, Jaguar Land Rover (JLR).

Tata Motors announced a final dividend of Rs 6 per equity share for FY25, pending shareholder approval.

On the positive side, JLR’s strong demand in North America and Europe provided some cushion to the company’s overall performance, with a 1.1 per cent rise in sales volume and 2.4 per cent growth in revenue.

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!