Here’s a quick summary of major Indian company Q4 FY25 earnings as of May 29, 2025:
Table of Contents
Bajaj Auto: Profit Dips Despite Domestic Issues
Bajaj Auto clocked a 10% year-on-year decline in consolidated net profit to ₹1,802 crore in Q4 FY25 from ₹2,011 crore in the corresponding period last year. The fall is on account of subdued domestic motorcycle sales. The company, however, announced a dividend of ₹210 per share for the financial year ended March 31, 2025.
ICRA: Steady Growth in Profit

Credit rating agency ICRA reported a 19% surge in net profit, which came at ₹56 crore for the March quarter. The company also declared a dividend of ₹60 per share.
Ola Electric: Losses Widen as Revenue Declines
The net loss of Ola Electric deepened to ₹870 crore in Q4 FY25, more than doubling from ₹416 crore a year ago. Revenue fell 62% to ₹611 crore, marking severe operational setbacks and shrinking sales.
Suzlon Energy: Profit Surges on Satisfactory Gains

Suzlon Energy has posted a phenomenal 365% year-on-year growth in consolidated net profit at ₹1,182 crore for Q4 FY25. The growth is largely because of a deferred tax gain of ₹600 crore. Revenue of the company also rose by 73% in the quarter.
Mazagon Dock: Profit Cut in Half Despite Revenue Growth
Mazagon Dock Shipbuilders’ consolidated net profit fell by 51% year-on-year to ₹325 crore in Q4 FY25. Despite the profit decline, the company announced a dividend of ₹2.71 per share.
NBCC: Profit Rises with Dividend Declaration

NBCC (India) Ltd. reported a 29% increase in net profit for the fourth quarter. The company also declared a dividend, reflecting its robust performance in project management and real estate development.
Lemon Tree Hotels: Robust Earnings Growth
Lemon Tree Hotels reported a net profit of ₹66.98 crore in Q4 FY25, up 89.2% year-on-year. Total income increased to ₹332.98 crore, with a recovery in business travel and better occupancy.
SJVN: Falls into the Red Despite Revenue Growth
SJVN Ltd. had a net loss of ₹127.6 crore for the fourth quarter of FY25, unlike a profit of ₹61 crore in the same quarter during the last year. This came despite a rise in revenue by 4.5% to ₹504 crore.
These results present a mixed picture across industries, with Suzlon Energy and Lemon Tree Hotels being some of the ones that registered considerable gains, while others such as Ola Electric and SJVN reported issues.