Stocks in Focus: Vodafone Idea, Coal India, Glenmark Pharma, Inox Wind, IIFL Finance

Stocks in focus: Vodafone Idea widened its net losses to Rs 6,608 crore in Q1, Coal India is investing in production and evacuation infrastructure, Glenmark Pharma reported a net profit of Rs 47 crore, and Inox Wind posted its highest-ever quarterly net profit of Rs 97 crore. IIFL Finance's CEO resigned, and Godrej Properties' net debt rose to Rs 4,637 crore.

In the first quarter of the fiscal year 2025-26, several key Indian companies have reported their financial performance, offering insights into the current market dynamics. Vodafone Idea, a major telecom operator, posted a wider-than-expected net loss, while Coal India is investing heavily in infrastructure. Meanwhile, Glenmark Pharma and Inox Wind reported significant net profits, and there were notable developments in the leadership and financial positions of IIFL Finance and Godrej Properties.

Vodafone Idea

Vodafone Idea Ltd. reported a net loss of Rs 6,608 crore in the first quarter, surpassing analysts' expectations [1]. The company's average revenue per user (ARPU) rose by 15% year-on-year to Rs 177, but it remains below that of peers like Bharti Airtel and Reliance Industries' Jio. The company's user base fell by 5.9% to 197.7 million, and overall revenue increased by about 4.9% to Rs 110.23 billion. Vodafone Idea's CEO, Akshaya Moondra, will be replaced by Abhijith Kishore, the current chief operating officer, effective August 18.

Coal India

Coal India Ltd. continues to invest in its production and evacuation infrastructure despite sluggish demand in the first quarter [2]. The company has allocated Rs 5,622 crore, or 35% of its total proposed capital expenditure for FY 2025-26, to transportation and evacuation infrastructure. This investment aims to increase mechanized coal evacuation capacity from 151 million tonnes per annum to 994 million tonnes per annum by FY 2028-29. Coal India's production and offtake fell by 3% and 4% respectively in the June quarter, but the company remains committed to its long-term roadmap of achieving 1 billion tonnes of production by FY 2028-29.

Glenmark Pharma

Glenmark Pharma reported a net profit of Rs 47 crore in the first quarter, showcasing strong financial performance [3]. The company's net profit increased by 110% year-on-year, despite a 3.26% decrease in revenue to Rs 4,160 crore. The company's EBITDA nearly doubled to Rs 496 crore, with the EBITDA margin expanding from 5.86% to 11.92%. This indicates enhanced operational efficiency and effective cost management strategies.

Inox Wind

Inox Wind posted its highest-ever quarterly net profit of Rs 97 crore in the first quarter, highlighting the company's robust performance in the renewable energy sector [3]. The company's net profit increased significantly, reflecting strong operational efficiency and effective cost management strategies.

IIFL Finance

The CEO of IIFL Finance resigned, marking a change in leadership at the company. The resignation comes amidst the company's focus on profitability and operational efficiency [3].

Godrej Properties

Godrej Properties' net debt rose to Rs 4,637 crore in the first quarter, signaling a shift in the company's financial position [3]. The company continues to focus on profitability and operational efficiency, aiming to improve its financial health.

Conclusion

The first quarter of the fiscal year 2025-26 has brought mixed results for key Indian companies. While some, like Vodafone Idea, have reported wider-than-expected losses, others, such as Glenmark Pharma and Inox Wind, have showcased strong financial performance. The investments and strategic changes implemented by companies like Coal India and Godrej Properties highlight their focus on long-term growth and operational efficiency. Investors and financial professionals will continue to monitor these developments closely.

References:

[1] https://www.reuters.com/world/india/indias-vodafone-idea-posts-smaller-than-expected-loss-names-new-ceo-2025-08-14/
[2] https://www.business-standard.com/companies/news/coal-india-ramps-up-evacuation-infrastructure-amid-weak-q1fy26-demand-125081700585_1.html
[3] https://scanx.trade/stock-market-news/earnings/kse-reports-110-jump-in-q1-net-profit-to-386-crore/17015620