Q4 Mixed Bag: Tata Motors PV PAT Drops 31.7%, Voltas Down 52%, Apollo Tyres Surges 241%
Indian markets rebounded with Sensex up 789 pts as Q4FY26 prints showed sharp divergence. Tata Motors PV PAT fell 31.7% to Rs 5,783 cr despite 7.2% revenue growth; Voltas slumped 52% to Rs 113 cr; LT Foods slipped 15.5%. Apollo Tyres bucked trend with 241% PAT jump to Rs 631 cr. GQG exited Rs 1,435 cr Adani Ent stake to SBI MF.
Indian markets rebounded; Adani Enterprises sees GQG exit Rs 1,435 cr stake to SBI MF amid US fraud-charge resolution reports. Q4 prints: Tata Motors PV PAT -31.7%, Voltas -52%, LT Foods -15.5%, Apollo Tyres +241%. ITC Hotels, Godfrey Phillips, Bajaj Electricals reporting; OMCs hike fuel Rs 3/litre.