Indian Stocks React to Earnings: UCO Bank, Central Bank, Go Digit, and More, April 29, 2025

Edited by: Olga Sukhina

The Indian stock market is reacting to corporate earnings and operational updates on April 29, 2025. Several companies are in focus, influencing investor sentiment.

UCO Bank reported a net profit of ₹652.43 crore for the March quarter, up from ₹525.77 crore last year. Net interest income rose to ₹2,698 crore. Central Bank of India posted a net profit of ₹1,034 crore, an increase from ₹810 crore, with revenue climbing to ₹8,620 crore.

Go Digit announced a net profit of ₹116 crore, higher than the previous year's ₹53 crore. Gross written premium for the quarter reached ₹2,576 crore. Avenue Supermarts opened a new DMart store in Rewa, Madhya Pradesh, bringing the total to 418 stores as of April 28, 2025.

Vimta Labs reported a net profit of ₹18 crore, compared to ₹14 crore last year, with revenue increasing to ₹94 crore. Societe Generale purchased 36.39 lakh equity shares of RBL Bank at an average price of ₹203.99 per share.

Oberoi Realty announced a net profit of ₹433 crore for the March quarter, with revenue at ₹1,150 crore. Ultratech Cement estimates a 7-8% growth in the cement sector for FY26, but notes near-term demand may be affected by heatwaves. CESC signed a Power Purchase Agreement for a 300 MW wind-solar hybrid project at ₹3.81 per kWh.

Tiger Logistics secured five ODC project shipments from Italy. Wipro was selected by Vorwerk to manage and upgrade its IT systems. Other companies like Avenue Supermarts, Indian Hotels, Indegene, and AWL Agri also announced updates.

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