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Indian markets closed lower for a second straight session, with Sensex and Nifty falling over 1%. Selling pressure in IT, auto and financial stocks weighed on indices. Union Bank, Havells declined, while OFSS, Fractal Analytics and Jio Financial Services emerged as key gainers.
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Tata Capital Q4 Results Tata Capital announced a significant 43% year-on-year increase in its consolidated net profit for the March quarter of 2026, reaching Rs 1,502 crore. This growth was supported by a 9% rise in revenue from operations, which stood at Rs 8,160 crore. The company’s board also recommended a final dividend of Re 0.57 per equity share.
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Sterling and Wilson Renewable Energy reported a 143% jump in Q4 net profit to Rs 135 crore, but revenue declined 23% year-on-year to Rs 1,946 crore, indicating improved profitability despite lower sales.
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Aditya Birla Sun Life AMC reported an 18% year-on-year decline in Q4 profit, even as revenue saw modest growth. The company announced a Rs 25.50 dividend per share. Despite weak earnings and higher expenses, the stock gained nearly 6%, supported by investor sentiment and stable AUM performance.
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