Rashtriya Chemicals & Fertilizers shares rose sharply on Friday after the company’s Q4FY26 results showed a 158% YoY surge in net profit to Rs 187 crore and a 49.6% rise in revenue. FY26 profit and revenue also grew strongly, while the company announced a Rs 1.34/share dividend, boosting investor sentiment despite muted long-term stock performance.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.