Aditya Birla Sun Life Asset Management Company (ABSL AMC) has posted a robust financial performance for the quarter ending March 2025, reporting a 9% increase in net profit, which reached Rs 228.1 crore. Revenue for the quarter surged by 17%, driven by strong operational growth. The company’s full-year results were equally impressive, with a 19% increase in net profit to Rs 930.6 crore and a 25% rise in total income. ABSL AMC, one of India’s leading asset management firms, also announced a dividend of Rs 24 per equity share for FY25.

India's industrial production growth showed a slight improvement in March 2025, rising to 3% from 2.7% in February. However, this represents a marked slowdown compared to the 5.5% growth recorded in March 2024. Poor performance across key sectors such as manufacturing, mining, and power production contributed to this deceleration. The data, released by the National Statistics Office (NSO), also revealed a downward revision of February's growth figure, further highlighting the challenges facing India's industrial output.

TVS Motor Company has reported robust growth in its financial results for Q4 FY25, with a notable 69% increase in net profit to Rs 698 crore. The surge in profits was driven by higher sales across both two and three-wheelers, including a significant boost in electric vehicle (EV) sales. Total income for the quarter rose to Rs 11,474 crore, up from Rs 9,899 crore in Q4 FY24. The company’s performance for FY25 also showed strong results, with a 13% increase in overall sales and a 44% jump in EV sales, reinforcing TVS Motor’s position in the competitive automotive market.

Indian Railway Finance Corporation (IRFC), the financial arm of the Ministry of Railways, has reported a 3% decline in its profit for the fourth quarter of FY24, recording a profit of Rs. 1,667 crore, down from Rs. 1,717 crore in the same period last year. Despite this dip, the company saw an increase in total income, rising to Rs. 6,723 crore from Rs. 6,478 crore in the previous year. With strategic plans for resource mobilization and diversification of its lending portfolio, IRFC is positioning itself to meet the growing financial demands of India’s infrastructure sector.

Aayush Wellness, a prominent player in India’s healthcare sector, has announced a strategic investment of Rs. 25 crore to expand its preventive healthcare services through the rollout of smart health kiosks. The company’s first health center has been established in Virar, Mumbai, where it will offer diagnostic tests within minutes. This innovative approach is part of Aayush’s vision to make healthcare more accessible, cost-effective, and preventive. The company plans to scale its operations across India, focusing on rural and semi-urban areas.

India’s passenger vehicle (PV) industry is poised to achieve record-breaking domestic and export volumes, surpassing 50 lakh units this fiscal year. However, according to Crisil Ratings, the market will see a slowdown in growth, with annual increases expected to be between 2-4%. Despite this moderation, the market continues to evolve, with utility vehicles (UVs) outperforming other segments. Meanwhile, the electric vehicle (EV) sector, although growing, faces hurdles such as high costs and limited infrastructure, which are dampening the widespread adoption of these vehicles.

Gold and silver prices have witnessed a significant rise in India as the auspicious festival of Akshaya Tritiya approaches, with both metals seeing notable gains driven by increased buying activity from jewellers and stockists. Gold prices rose by Rs 1,050 to Rs 99,450 per 10 grams in the national capital, while silver prices surged by Rs 3,500 to reach Rs 1,02,000 per kg. Despite the elevated prices, experts predict sustained demand, particularly for lightweight items.

Ather Energy's Initial Public Offering (IPO) is making significant waves in the Indian stock market, with the electric two-wheeler company witnessing a 28% subscription rate on the second day of its issue. With a price band set between Rs 304 and Rs 321 per share, the company aims to raise Rs 2,981 crore. The offer, which closes on April 30, includes a fresh issue of equity shares and an offer-for-sale by existing shareholders. Despite mixed interest levels across investor categories, Ather’s IPO has attracted substantial backing, with anchor investors committing Rs 1,340 crore.

Bhai Harjinder Singh Ji, a celebrated Sikh kirtani and spiritual figure, has been honored with the Padma Shri, one of India’s highest civilian awards, in recognition of his profound contributions to the art of Gurbani Kirtan. In a ceremony held at Rashtrapati Bhavan, President Droupadi Murmu conferred the prestigious award on Bhai Harjinder Singh Ji, acknowledging his decades-long dedication to preserving and promoting the spiritual and musical traditions of the Sikh faith.

In a volatile trading session on Tuesday, India's equity benchmarks, the Sensex and Nifty, saw modest gains despite investor caution fueled by geopolitical tensions. The Sensex edged higher by 0.09%, while the Nifty closed up by just 0.03%. The markets were supported by strong buying in blue-chip stocks such as Reliance Industries, Infosys, and Tata Consultancy Services, along with robust foreign institutional investor (FII) inflows. However, mixed quarterly earnings results and concerns over economic projections led to a somewhat cautious market sentiment.