SHFL reported a good overall performance in Q3, with strong growth momentum in non-CV loans leadi...
HPCL’s Q3FY24 SA EBITDA fell 75% QoQ to Rs21.3bn, due to shutdown at the Vizag Refinery (VR...
Sagar Cements’ EBITDA came in 10-15% below our/consensus estimates in Q3FY24. On a favorabl...
Sun TV’s 3QFY24 performance was marginally below estimates. Revenues grew by 3% YoY, 7% bel...
Mahindra & Mahindra (M&M) reported 3QFY24 EBITDA margin of 12.8% (-20bps YoY, +20bps QoQ)...
Muted growth, outlook unchanged Infosys Limited provides IT consulting and software services, ...
Strong deal momentum, outlook intact Tata Consultancy Services (TCS), a subsidiary of Tata So...
Steady increase in premium income: ICICI Prudential Life Insurance reported healthy top-line grow...
Tata Elxsi reported Q4FY24 revenues at INR9,059mn (-0.6% QoQ and +7.2% YoY in CC terms), de-grew ...
Subdued volumes due to channel destocking Earnings in line with our estimate * APL Apollo ...
Performance in line; volume recovery sluggish * Marico (MRCO) reported an in-line revenue grow...
Bengaluru foray off to a promising start Delivers a healthy P&L performance * Macrotec...
AUM growth robust; No NIM expansion because of rise in CoB Asset quality improved in newer bu...
Elevated credit costs from B2C businesses; NIM contracts QoQ Changes in senior management portfol...
Miss on cigarette volume; resilient FMCG delivery * ITC’s revenue growth of 1.6% in 3QFY...
Robust performance fueled by turnaround in petchem segment * GAIL reported EBITDA of INR38.2b ...
Robust volume growth subject to macroeconomic stability * GALSURF is one of the leading player...
Softening growth hurts earnings; focus on new format “Intune” * Shoppers Stop (SHO...
Focus on filling the product gaps in the premium segment We visited Hero MotoCorp (HMCL)&rsquo...
In-line performance * Total volumes were in line with est. at 3.7mmscmd (up 8% YoY) * CNG v...
Muted quarter; miss on all fronts * Hitachi Energy’s 3QFY24 result was below our expecta...
In-line earnings aided by NIM expansion and lower tax rate Consol. RoA expands further to ~2....
Lower VIL provision leads to an improvement in EBITDA (in line) * Revenue grew 1% QoQ to INR72...
P&A outperformance continues; beat on margin * Standalone net sales increased 7.5% YoY to ...
Higher ad spending results in a marginal EBITDA miss * Havells (HAVL)’s 3QFY24 revenue g...
Volume growth healthy; EBITDA in line Consolidated performance Consolidated performance ...
Growth uninterrupted; another strong quarter * Cyient DLM (CYIENTDL) reported another strong q...
In-line 3Q; backward integration projects on track Net debt declines * Granules India (GRA...
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 ...
Healthy growth in cables and Lloyd; ECD and lighting subdued Strong B2B demand; normalcy expe...
Operationally in line; high other income drives PAT beat Both domestic and export demand seei...
Prices have largely stabilised; focus on new product launches Clean Science’s 3QFY24 ear...
Weak quarter, after a while Century Plyboards’ (Century) 3QFY24 print was weaker than ou...
Bid pipeline robust; expect uptick in order intake HG Infra’s (HG) 3QFY24 adjusted PAT a...
Ripe for a rally Core business revenue (ex-Covid, ex-PPP) grew 12% YoY (1% impact on account o...
Our view Voltamp Transformers’ (VAMP) Q3F2Y4 print was way ahead of expectations on EBIT...
Almost stable spreads and strong asset quality; disbursement growth decelerates as expected Ch...
Volume improvement crucial in FY25 for double-digit growth Marico Ltd. (MRCO) 3QFY24 consolida...
Operating performance below estimates ITC Ltd. (ITC) 3QFY24 operating performance was below es...
Weak FY25 outlook as growth in underlying industries to remain flat - &...
- PIEL reported 3QFY24 net loss of ~INR23.8b (vs. ~INR482m pro...
- Indraprastha Gas’ (IGL) EBITDA came in below our ...
- Marico (MRCO) reported an in-line revenue growth with a marg...
Prices soft in key markets; but volume growth should be better * Dalmia Bharat (DALBHARA)&rsqu...
IB revenue and MTF book drive overall profitability * ICICI Securities (ISEC)’s 4QFY24 r...
Growth outlook steady; RoA to sustain at ~2% Estimate 24% earnings CAGR over FY24-26 * EQU...
Strong show led by surge in orders * Net brokerage income grew 65% YoY to INR6.8b in 4QFY24 an...