Top losers on Nifty Midcap 150 today: IREDA, Hitachi Energy, BSE Ltd, others drag
IREDA (Indian Renewable Energy Development Agency), Hitachi Energy, and BSE Limited were among the top losers on the Nifty Midcap 150 as of 2:30 PM on Friday. IREDA shares declined by 5.32% to Rs 160.62. Hitachi Energy shares dropped by 4.03% to Rs 18,690.00. BSE Limited shares fell by 3.41% to Rs 2,382.10.Apar Ind shares also saw a decline of 3.05%, trading at Rs 8,628.50, while UNO Minda shares decreased by 3.04% to Rs 1,065.20.IREDA Financials
The following table presents the consolidated quarterly financial data for Indian Renew:
HeadingMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025RevenueRs 283.11 CroreRs 370.79 CroreRs 372.42 CroreRs 361.49 Crore
Rs 373.54 CroreNet Profit-Rs 53.66 Crore-Rs 13.99 Crore-Rs 13.21 Crore-Rs 30.06 Crore
-Rs 29.45 CroreEPS-3.68-0.99-0.75-2.05
-1.53
The revenue for IREDA has shown a fluctuating trend over the last five quarters, with a high of Rs 373.54 Crore in March 2025 and a low of Rs 283.11 Crore in March 2024. The company has reported net losses in each of the last five quarters.
The following table presents the consolidated yearly financial data for Indian Renew:
Heading2018201920232024
2025RevenueRs 632.66 CroreRs 761.69 CroreRs 894.03 CroreRs 1,369.28 Crore
Rs 1,479.33 CroreNet ProfitRs 47.74 CroreRs 58.01 CroreRs 70.66 Crore-Rs 51.19 Crore
-Rs 86.71 CroreEPS212.696.495.34-3.59
-5.32BVPS3,790.00100.2172.2368.39
75.30ROE5.536.427.57-5.37
-6.97Debt to Equity0.050.130.450.65
0.25
IREDA has seen its revenue increase from Rs 632.66 Crore in 2018 to Rs 1,479.33 Crore in 2025. However, the company's net profit has declined, with losses reported in 2024 and 2025. The debt-to-equity ratio was 0.25 in 2025.
AnnualMar 2025Mar 2024Mar 2023Mar 2019
Mar 2018SalesRs 1,479 CroreRs 1,369 CroreRs 894 CroreRs 761 Crore
Rs 632 CroreOther IncomeRs 35 CroreRs 21 CroreRs 19 CroreRs 37 Crore
Rs 30 CroreTotal IncomeRs 1,514 CroreRs 1,390 CroreRs 913 CroreRs 799 Crore
Rs 663 CroreTotal ExpenditureRs 1,557 CroreRs 1,414 CroreRs 804 CroreRs 703 Crore
Rs 581 CroreEBIT-Rs 42 Crore-Rs 24 CroreRs 108 CroreRs 95 Crore
Rs 81 CroreInterestRs 31 CroreRs 29 CroreRs 7 CroreRs 6 Crore
Rs 6 CroreTaxRs 12 Crore-Rs 2 CroreRs 30 CroreRs 31 Crore
Rs 26 CroreNet Profit-Rs 86 Crore-Rs 51 CroreRs 70 CroreRs 58 Crore
Rs 47 Crore
Hitachi Energy Financials
The following table presents the standalone yearly financial data for Hitachi Energy:
AnnualMar 2025Mar 2024Mar 2023Mar 2022
Dec 2020SalesRs 6,384 CroreRs 5,237 CroreRs 4,468 CroreRs 4,883 Crore
Rs 3,420 CroreOther IncomeRs 57 CroreRs 9 CroreRs 15 CroreRs 66 Crore
Rs 18 CroreTotal IncomeRs 6,442 CroreRs 5,246 CroreRs 4,483 CroreRs 4,950 Crore
Rs 3,438 CroreTotal ExpenditureRs 5,880 CroreRs 4,978 CroreRs 4,312 CroreRs 4,632 Crore
Rs 3,282 CroreEBITRs 561 CroreRs 268 CroreRs 170 CroreRs 317 Crore
Rs 156 CroreInterestRs 45 CroreRs 46 CroreRs 40 CroreRs 41 Crore
Rs 20 CroreTaxRs 132 CroreRs 57 CroreRs 36 CroreRs 73 Crore
Rs 36 CroreNet ProfitRs 383 CroreRs 163 CroreRs 93 CroreRs 203 Crore
Rs 99 Crore
Hitachi Energy's sales have increased from Rs 3,420 Crore in Dec 2020 to Rs 6,384 Crore in March 2025. Similarly, the net profit has risen from Rs 99 Crore to Rs 383 Crore during the same period.BSE Limited Financials
The following table presents the consolidated quarterly financial data for BSE Limited:
HeadingMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025RevenueRs 544.77 CroreRs 670.64 CroreRs 813.30 CroreRs 831.74 Crore
Rs 916.97 CroreNet ProfitRs 82.49 CroreRs 241.56 CroreRs 321.40 CroreRs 198.73 Crore
Rs 478.04 CroreEPS7.7919.3025.2516.00
36.00
BSE Limited has demonstrated consistent revenue growth over the quarters, increasing from Rs 544.77 Crore in March 2024 to Rs 916.97 Crore in March 2025. Net profit also shows a strong upward trend, reaching Rs 478.04 Crore in the latest quarter.
The following table presents the consolidated yearly financial data for BSE Limited:
Heading2021202220232024
2025RevenueRs 501.37 CroreRs 743.15 CroreRs 924.84 CroreRs 1,592.50 Crore
Rs 3,212.04 CroreNet ProfitRs 98.55 CroreRs 180.75 CroreRs 156.42 CroreRs 699.84 Crore
Rs 1,239.73 CroreEPS30.9418.5116.0656.66
96.55BVPS559.09206.26208.86255.24
326.84ROE5.819.588.1623.57
29.97Debt to Equity0.000.000.000.00
0.00
BSE Limited has shown substantial growth in revenue and net profit over the years. Revenue increased from Rs 501.37 Crore in 2021 to Rs 3,212.04 Crore in 2025, and net profit rose from Rs 98.55 Crore to Rs 1,239.73 Crore during the same period. The company maintains a debt-to-equity ratio of 0.00.Apar Ind Financials
The following table presents the consolidated quarterly financial data for Apar Ind:
HeadingMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025RevenueRs 4,455.11 CroreRs 4,010.52 CroreRs 4,644.51 CroreRs 4,716.42 Crore
Rs 5,209.76 CroreNet ProfitRs 236.21 CroreRs 202.54 CroreRs 193.85 CroreRs 175.01 Crore
Rs 250.03 CroreEPS60.9750.4248.2743.55
62.23
Apar Ind's revenue has varied over the quarters, with the highest being Rs 5,209.76 Crore in March 2025. Net profit also fluctuated, reaching Rs 250.03 Crore in the same quarter.
The following table presents the consolidated yearly financial data for Apar Ind:
Heading2021202220232024
2025RevenueRs 6,388.02 CroreRs 9,319.99 CroreRs 14,352.15 CroreRs 16,152.98 Crore
Rs 18,581.21 CroreNet ProfitRs 160.50 CroreRs 256.61 CroreRs 637.74 CroreRs 825.72 Crore
Rs 821.42 CroreEPS41.9467.09166.64212.10
204.47BVPS368.23448.19584.37965.01
1,121.12ROE11.3814.9628.5121.28
18.23Debt to Equity0.150.150.140.10
0.10
Apar Ind's revenue has consistently increased from Rs 6,388.02 Crore in 2021 to Rs 18,581.21 Crore in 2025. Net profit also shows a strong growth trend, reaching Rs 821.42 Crore in 2025. The debt-to-equity ratio was 0.10 in 2025.UNO Minda Financials
The following table presents the consolidated quarterly financial data for UNO Minda:
HeadingMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025RevenueRs 3,794.02 CroreRs 3,817.51 CroreRs 4,244.79 CroreRs 4,183.99 Crore
Rs 4,528.32 CroreNet ProfitRs 243.52 CroreRs 174.10 CroreRs 217.73 CroreRs 213.89 Crore
Rs 234.57 CroreEPS5.043.474.274.05
4.63
UNO Minda's revenue has generally increased over the quarters, with Rs 4,528.32 Crore in March 2025. Net profit has fluctuated, with a high of Rs 243.52 Crore in March 2024.
The following table presents the consolidated yearly financial data for UNO Minda:
Heading2021202220232024
2025RevenueRs 6,373.74 CroreRs 8,313.00 CroreRs 11,236.49 CroreRs 14,030.89 Crore
Rs 16,774.61 CroreNet ProfitRs 224.27 CroreRs 347.48 CroreRs 600.30 CroreRs 739.28 Crore
Rs 840.29 CroreEPS7.7312.6411.4215.36
16.42BVPS94.01131.8277.3991.71
99.75ROE9.1810.3415.7217.81
16.46Debt to Equity0.380.240.300.32
0.40
UNO Minda has shown consistent growth in revenue and net profit over the years. Revenue increased from Rs 6,373.74 Crore in 2021 to Rs 16,774.61 Crore in 2025, and net profit rose from Rs 224.27 Crore to Rs 840.29 Crore during the same period. The debt-to-equity ratio was 0.40 in 2025.Indian Renew, Hitachi Energy, and BSE Limited were among the top losers on the Nifty Midcap 150 as of 2:30 PM on Friday.