Profitability doubles in Q4; Outlook positive Symphony Ltd and its subsidiaries manufacture an...
Our View Petronet LNG's Q3FY24 revealed a mixed performance with a 10.4% YoY drop in adjus...
Our View BPCL's Q3FY24 results underscore a commendable financial rebound, with a substant...
Result Synopsis JCHAC continues with its disappointing performance with revenue declining 42%....
Result Synopsis Vodafone Idea (IDEA) reported inline performance for the quarter. Both, sequen...
Outperforms expectations in a seasonally strong quarter *IndiGo reported a PAT of INR30b (vs. ...
The next leg of growth to be led by JLR; PV/CV to see stable growth * TATA Motors (T...
NIMs contract 7bp QoQ - SBIN’s 3QFY24 ...
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...