The Ambani Group’s stocks have seen a notable decline in share prices following the release of their Q2 FY25 financial results. The companies reported increasing losses, leading to heightened concerns among investors.
Here are three Ambani Group stocks that experienced a drop in their share prices after the Q2 FY25 results were announced:
Network18 Media & Investments Limited
With a market capitalisation of Rs. 8,256.2 crores, the shares of one of the largest media conglomerates in India moved down by nearly 3.5 percent on BSE to hit an intraday low at Rs. 78.57 in the trading session of Monday, compared to its previous closing price of Rs. 81.44.
The consolidated revenue from operations stood at Rs. 1,825 crores in Q2 FY25, indicating a decline of around 42 percent QoQ from Rs. 3,141 crores in Q1 FY25, and by nearly 2.2 percent YoY from Rs. 1,866 crores in Q2 FY24.
In Q2 FY25, Network18 experienced a year-on-year increase in net loss, widening by 27.8 percent to Rs. 152 crores, compared to a loss of Rs. 119 crores in Q2 FY24. However, there was a 22 percent reduction in net loss quarter-on-quarter, down from Rs. 195 crores in Q1 FY25.
This consolidated net loss of Rs. 152 crores is attributed to the company’s investments in sports and digital assets.
The stock has delivered negative returns of nearly 11 percent year-to-date, as well as around 8.4 percent in the last six months.
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Network18 Media & Investments Limited is one of India’s most diversified media and entertainment (M&E) conglomerates, with interests across television, digital content, filmed entertainment, e-commerce, print and allied businesses.
TV18 Broadcast Limited, a subsidiary of Network18, manages its primary business of broadcasting. It runs the largest news network in India, spanning business news general news, and regional news.
Alok Industries Limited
With a market capitalisation of Rs. 12,174.7 crores, the stock moved down by nearly 3.7 percent on BSE to hit an intraday low at Rs. 24.32 in the trading session of Monday, compared to its previous closing price of Rs. 25.25.
In Q2 FY25, consolidated revenue from operations reached Rs. 885.6 crores, reflecting a decline of around 12 percent QoQ from Rs. 1,006.3 crores in Q1 FY25 and a nearly 35.5 percent drop year-on-year from Rs. 1,372.4 crores in Q2 FY24.
In Q2 FY25, Alok Industries experienced a year-on-year increase in net loss, widening by 50 percent to Rs. 262 crores, compared to a loss of Rs. 174.8 crores in Q2 FY24, while on a quarter-on-quarter basis, the net loss increased by 26.6 percent from Rs. 207 crores in Q1 FY25.
The stock has delivered positive returns of nearly 24.4 percent in the last one year, as well as around 15 percent year-to-date.
Alok Industries Limited is primarily engaged in the business of textile manufacturing including mending and packing activities.
GTPL Hathway Limited
With a market capitalisation of Rs. 1,793.2 crores, the shares of India’s largest Digital Cable TV Service Provider and a leading Broadband Service provider moved down by 1.6 percent on BSE to hit an intraday low at Rs. 158.95 on Monday, compared to its previous closing price of Rs. 161.55.
The consolidated revenue from operations stood at Rs. 855.6 crores in Q2 FY25, indicating a growth of 30.5 percent QoQ from Rs. 843.4 crores in Q1 FY25, and by around 24.8 percent YoY from Rs. 779.2 crores in Q2 FY24.
However, GTPL Hathway experienced a decline in the net profit to Rs. 13.7 crores in Q2 FY25, from Rs. 15 crores in Q1 FY25 by about 8.7 percent QoQ, and a significant drop of nearly 62 percent from Rs. 36 crores in Q2 FY24.
EBITDA for Q2 FY25 stood at Rs. 113.8 crores, representing a decrease of around 15.8 percent YoY from Rs. 135 cores in Q2 FY24, with an EBITDA Margin of 13.2 percent, down from 17.1 percent, during the same period.
The stock has delivered negative returns of nearly 7.8 percent in the last one year, as well as around 15 percent year-to-date.
GTPL Hathway Limited is engaged in the distribution of television channels through a digital cable distribution network.
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Written by Shivani Singh
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