FINWIRES · TerminalLIVE
FINWIRES

P N Gadgil Jewellers Consolidated Profit Rises in Fiscal Q4; Shares Fall 10%

By

P N Gadgil Jewellers (NSE:PNGJL, BOM:544256) said its consolidated profit increased to 902.6 million Indian rupees in the fiscal fourth quarter from 619.9 million rupees a year ago.

Earnings per share for the quarter ended March 31 climbed to 6.65 rupees from 4.57 rupees a year earlier, according to an Indian bourse filing on Thursday.

Revenue from operations of the oilseed processing company jumped year on year to 35.4 billion rupees from 15.9 billion rupees.

Shares of the company fell 10% in Friday's trade.

Related Articles

Asia

Malaysian Shares End Week in Red as Q1 GDP Cools to 5.4%

Malaysian equities fell for a third consecutive session on Friday, as fresh macroeconomic data confirming a sequential stall in first-quarter economic growth prompted institutional investors to take a back seat.The FTSE Bursa Malaysia KLCI shed 5.36 points to end 0.3% lower at 1,740.22. The day range was between 1,735.51 and 1,748.85.In economic news, Malaysia's economy expanded by 5.4% in the first quarter, slowing from 6.2% expansion in the previous quarter, according to data from the Department of Statistics Malaysia. On a seasonally adjusted basis, the economy slipped marginally by 0.01%, against the 1.4% quarter-on-quarter growth in the fourth quarter of 2025.Malaysia recorded a current account surplus of 15.2 billion ringgit in the first quarter, supported by a stronger goods account and continued improvement in services, according to data from the Department of Statistics said.In corporate news, shares of IOI (KLSE:IOICORP) slid about 2% on close after it reported fresh fruit bunch production of 215,533 tonnes in April, alongside 11,117 tonnes from outside purchases. Crude palm oil output stood at 49,445 tonnes, while palm kernel production totalled 8,547 tonnes.Yinson Holdings (KLSE:YINSON) announced plans to seek shareholder approval for the renewal of its share buyback authority. Its shares were up nearly 1% at the close.

$^KLSE$KLSE:IOICORP$KLSE:YINSON
Asia

CapitaLand Investment Liquidates Dormant Subsidiaries

CapitaLand Investment (SGX:9CI) said its dormant subsidiaries, Credo Three AU and Credo Four AU, have been placed under voluntary liquidation, according to a Friday filing with the Singapore Exchange.The subsidiaries had ceased their respective business activities, the filing added.

$SGX:9CI
Asia

Devyani International Narrows Consolidated Loss in Fiscal Q4

Devyani International's (NSE:DEVYANI, BOM:543330) consolidated attributable loss narrowed to 100.4 million rupees in the fiscal fourth quarter ended March 31, from 147.4 million rupees a year ago.Loss per share contracted to 0.08 rupees from a loss per share of 0.12 rupees a year earlier, the quick-service restaurant operator said in a filing to the Indian stock exchanges.Revenue from operations in fiscal Q4 also increased to 14.4 billion rupees from 12.1 billion rupees a year ago.

$BOM:543330$NSE:DEVYANI