PRE-MARKET INDIAN STOCK NEWS: Earnings from Adani Power, Indegene, Bajaj Finance
India
Adani Green Energy (ADANIGR IS) - Co. plans to add up to 15,000 GWh of battery energy storage capacity annually, requiring investments worth thousands of crores. (Economic Times)
Adani Power (ADANI IS) - Co. Q4 (INR) net rose 52% Y/Y to 40.17bln, total income rose 10% Y/Y to 159.89bln. (Economic Times)
AWL Agri Business (AWL IS) - Co. said it is facing around a 20% rise in crude-linked input costs due to Middle East conflict impacting fuel, chemicals and packaging. (Economic Times)
Bajaj Finance (BAF IS) - Co. Q4 (INR) net rose 22% Y/Y to 55.53bln, net interest income rose 20% Y/Y to 117.81bln. (Economic Times)
Brigade Enterprises (BRGD IS) - Co. entered a 50:50 joint venture with Bain Capital to develop a 2mln sq ft mixed-use project in Bengaluru with total investment of about INR 22bln. (Moneycontrol)
Fino Payments Bank (FINOPB IS) - Co. Q4 (INR) net fell 70.4% Y/Y to 0.07bln, net interest income rose 31.5% Y/Y to 0.35bln. (Moneycontrol)
Indegene (INDGN IS) - Co. Q4 (INR) net fell 32.2% Y/Y to 0.80bln, rev. rose 32.8% Y/Y to 10.03bln. (Moneycontrol)
Indian Hume Pipe Co. (INHP IS) - Co. received a letter of acceptance for an INR 4.59bln water supply project in Telangana. (Moneycontrol)
Jana Small Finance Bank (JSFB IS) - Co. Q4 (INR) net rose 13.2% Y/Y to 1.40bln, net interest income rose 26.5% Y/Y to 7.36bln. (Moneycontrol)
MOIL (MOIL IS) - Co. Q4 (INR) net fell 19.9% Y/Y to 0.93bln, rev. rose 2.6% Y/Y to 4.45bln. (Moneycontrol)
Motilal Oswal Financial Services (MOFS IS) - Co. Q4 (INR) net loss widened to 2.21bln from 0.65bln Y/Y, rev. rose 125% Y/Y to 26.76bln. (Economic Times)
Puravankara (PURVA IS) - Co. subsidiary received a letter of intent for an INR 1.44bln residential project contract in Bengaluru. (Moneycontrol)
RPG Life Sciences (RPGL IS) - Co. Q4 (INR) net fell 74.5% Y/Y to 0.30bln, rev. rose 23.6% Y/Y to 1.77bln. (Moneycontrol)
Schaeffler India (SCHFL IS) - Co. Q1 (INR) net rose 25.6% Y/Y to 3.16bln, rev. rose 18.9% Y/Y to 25.86bln. (Moneycontrol)
Syngene International (SYNG IS) - Co. Q4 (INR) net fell 19.3% Y/Y to 1.48bln, rev. rose 1.8% Y/Y to 10.37bln. (Moneycontrol)
Vedanta (VEDL IS) - Co. warned ongoing geopolitical tensions could increase aluminium cost of production by USD 50–100 per tonne in H1 FY27 and guided FY aluminium CoP at USD 1,650–1,700 per tonne. (Economic Times)