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)
This headline covers the earnings results from several Indian companies, revealing a mixed bag: Adani Power and Bajaj Finance posted strong year-over-year gains, indicating robust operational performance, while other firms like Fino Payments Bank and Indegene faced significant declines in net income. The contrasting results may influence investor sentiment, especially regarding the economic outlook in India, affecting sector performance and cross-market implications, particularly in financial services and commodities.