Zomato posted another quarter of impressive execution, with growth across segments. Food delivery...
Star Cement’s consolidated EBITDA increased 37% YoY/51% QoQ to Rs1.5bn in Q3FY24 which was ...
Earnings in line despite NIM compression; BT-outs moderate Bounce rates rose QoQ but remain w...
Tepid quarter due to hi-tech weakness Adjusted margin now at more sustainable level * ZENT...
Adjusted PAT in-line; AIF-related provisions dent earnings NIMs to remain stable * RBL Ban...
Suprajit Engineering (SEL) reported consolidated EBITDAM margin of 12.1% (+40bps YoY, +220bps QoQ...
IPCA consolidated Unichem w.e.f. Aug’23, which reflected in Dec-Q’s 33% revenue growt...
Lemon Tree Hotels’ (LTH) Q3 revenue beats estimates, though margin missed estimates, led by...
JK Tyre (JKI) reported a steady Q3; consol. margins sustained QoQ at 14.9% (vs. decline of ~100bp...
Escorts’ Q3 margin performance was in line (up 61bps QoQ to 13.5%), largely on the back of ...
Decline in earnings, led by lower realization and loss in some subsidiaries * Atul (ATLP) repo...
Profitability in line; yields on ARR assets flat sequentially * 360ONE’s total revenue ...
Earnings in line; higher credit costs offset by lower opex NIM stable QoQ, but asset quality d...
Deepak Nitrite’s 3QFY24 earnings print was weaker than our and consensus expectations. This...
PSP Projects’ (PSP) 3QFY24 PAT at INR 325mn (down 8% YoY) missed JMFe of INR 420mn (consens...
APTY’s Q3 margins remained steady QoQ at 18.3%, led by European operations in a seasonally-...
PAG’s in-line Q3 result was a combination of a 2-3% revenue beat and a 30bps margin miss. T...
Soft earnings; recovery likely in FY25 * Metro Brands (METRO) reported weak revenue growth of...
Retaining FY24 guidance implies a strong 4Q exit Reiterate Neutral due to full valuations ...
Steady performance amid high uncertainty Adj. EBITDA beat estimates; business metrics trackin...
Yatra reported mixed results in 3Q, as better-than expected expansion in GBR and revenue was offs...
Gateway Distriparks’ (GDL) 3QFY24 revenue grew 15% YoY/-1% QoQ to INR 3.93bn, 2% below JMFe...
G R Infraprojects’ (GRIL) 3QFY24 adjusted PAT at INR 1.49bn missed JMFe of INR 1.63bn (cons...
Amara Raja’s Q3 performance was a beat with revenue/EBITDA growth of 9%/3% YoY; margins exp...
Mphasis reported weak operating performance in Q3 due to the miss on revenue. Gross revenue grew ...
SBI reported near in-line PPoP, but higher staff cost, including one-off retirement provision (Rs...
Growth outlook already baked into the price Growth momentum continues; led by strong business...
Higher provisions dent earnings; cost ratios stay elevated Liability franchise growing steadil...
Unchanged volume trend; margins at all-time high * Colgate (CLGT) delivered a healthy price-le...
Kirloskar Oil Engines’ (KOEL) 3QFY24 quarterly number was broadly in line with JMFe. Revenu...
GSPL’s 3QFY24 standalone EBITDA was in line with JMFe at INR 3.8bn (slightly lower than con...
Trident reported consol. EBITDA of INR2.6bn, lower than JMfe of 2.8bn primarily on account of hig...
TTMT’s Q3 results were healthy with JLR/CV/ICE-PV margins rising 127bps/~70bps/~20bps QoQ t...
Indigo posted stellar >2x growth YoY in net earnings at Rs30bn in Q3FY24, a sizeable beat to o...
Indian Hotels Company (IHCL) delivered a beat on consolidated revenue and margin, aided by standa...
In-line earnings; loan growth surges Asset quality improves further * Union Bank of India...
Profitability in line with estimate; outlook positive Variable cost is expected to decline fu...
AIF provisions, treasury loss contribute to slight earnings miss Margins stable QoQ * Kotak...
Our view – Sequential yield improvement may be transient Net equity inflows start to imp...
Result Synopsis Symphony on consolidated basis reported lower than expected revenue on back o...
DIL’s Q3 print was weak, albeit in line with peers’ and our expectations, after adjus...
eClerx reported mixed operating performance in Q3 with in-line revenue, while margin missed expec...
MMFS reported a good performance in Q3FY24, with RoA of 2.1%, driven by a gradual improvement in ...
P&A outperformance sustains * United Spirits (UNSP) registered a 7.5% YoY revenue growth ...
Lower provisions aid earnings; asset quality improves RoA to expand further * Canara Bank ...
Strong Q3 delivery; margin pickup in FY25 to drive rerating Improved margin levers offset by ...
Our view – NAM has outperformed the industry on net largecap flows Equity net flows con...