Quarterly Results in Focus – July 23, 2025.

Here's the quick update on key earnings and stock-specific action: Key Quarterly Results (YoY): Paytm (One 97): Back in profit — ₹122.5 Cr vs ₹838.9 Cr loss. Revenue jumps 27.7% to ₹1,917.5 Cr. Other income up 75.6%. Board reshuffle: Bimal Julka resigns; Urvashi Sahai joins as Whole-time Director. Dixon Technologies: Strong growth — Profit soars 68.3% to ₹225 Cr. Massive 95% jump in revenue to ₹12,835.7 Cr. JSW Infrastructure: Solid quarter — Profit up 31.5% to ₹384.7 Cr. Revenue up 21.2% to ₹1,223.9 Cr. Dalmia Bharat: Profit zooms 178.7% to ₹393 Cr. Flat revenue growth; but swung from ₹113 Cr exceptional loss to ₹16 Cr gain. KEI Industries: Profit up 30.3% to ₹195.7 Cr. Revenue rises 25.4% to ₹2,590.3 Cr. Zensar Tech: Decent quarter — Profit up 15.3%, revenue up 7.5%. IRFC: Steady performer — Profit at ₹1,745.7 Cr (↑10.7%). United Breweries: Profit up 6%, revenue up 15.7%. Lagging Performers: 🔻 CreditAccess Grameen: Profit plunges 84.9% to ₹60.2 Cr. Revenue falls 3.2%, NII drops 1.6%. Jana Small Finance Bank: Profit falls 40.2% to ₹101.9 Cr. Net interest income dips, and GNPA rises to 2.91%. Huhtamaki India: Profit down 35.3%, revenue drops 4.3%. Cyient DLM: Profit declines 29.6%, though revenue grew 8%. Big names announcing results today: Infosys, Dr. Reddy’s, Tata Consumer, Coforge, Persistent Systems, SRF, Syngene, Force Motors, Tata Teleservices, and more. Takeaway: Strong show from Paytm, Dixon, JSW Infra, KEI, and Dalmia Bharat. Caution for CreditAccess, Jana Bank, and Huhtamaki. Expect stock-specific moves based on these numbers.