Travel Food Services & Belrise Industries Rally on Strong Q1 Numbers; Scoda Tubes Slips Despite Profit Jump

Market Overview — August 12, 2025

Shares of recently listed companies showed mixed movement on Tuesday after the release of their Q1 FY26 earnings. Travel Food Services and Belrise Industries saw notable gains on strong profit growth, while Scoda Tubes ended lower despite reporting robust year-on-year results.

Travel Food Services

Travel Food Services’ stock climbed over 4% intraday after the company posted a net profit of ₹91.77 crore for Q1 FY26, marking a 66% jump compared to ₹55.42 crore in the same period last year.
Revenue, however, slipped 8.5% YoY to ₹375 crore.
The company had made its market debut in July 2025, listing at just over 2% above its IPO price of ₹1,125. After today’s move, the stock closed at ₹1,129, only marginally higher than its listing value.

Belrise Industries

Belrise Industries reported a net profit of ₹111.68 crore for the first quarter of FY26, up 56% from ₹71.56 crore a year earlier.
Revenue rose 27% YoY to ₹2,262.2 crore.
The stock, which listed in May 2025 at an 11% premium to its IPO price of ₹100, touched an intraday high of ₹137 — about 37% above its listing price. It pared some gains to end at ₹134, up 0.5% for the day.

Scoda Tubes

Scoda Tubes posted a 48% YoY rise in Q1 FY26 net profit to ₹7.08 crore, compared to ₹4.79 crore last year.
Revenue increased by 6% to ₹97 crore.
Despite the healthy numbers, the stock fell nearly 2% to ₹183. Scoda Tubes had listed in June 2025 at ₹140 per share with no premium and still trades about 31% above its IPO price.

Takeaway

The trading pattern indicates that even with strong earnings growth, newly listed companies don’t always see an immediate price rally. While Travel Food Services and Belrise Industries enjoyed a positive reaction from investors, Scoda Tubes faced selling pressure, highlighting selective market sentiment.