Navigating transition challenges Q4 marked by one-offs; right moves in the making HDFC Ban...
Robust overall performance: Bajaj Auto’s Q3FY24 operational revenue came in at Rs 12,114 Cr...
India outshines amid tough macros; Indonesia loss narrows * RBA’s India business posted ...
Cyient reported steady operating performance in Q3. DET revenue grew 0.4% QoQ (CC: 1.1%) to USD17...
PNB continued to report a strong beat on PAT at Rs22bn (Emkay est.: Rs19.2bn) mainly due to conta...
SBI Life reported a broadly in-line 9MFY24 performance , with APE coming ~2% above our estimates,...
Suprajit Engineering has delivered a muted performance on the revenue front, however did commenda...
Our view – Elevated slippage ratio in relatively benign cycle symptomatic of inherent cycli...
Weak core performance on narrowing of Russian crude discounts Our View Chennai Petroleum&rs...
ICICI’s RoA seems to settle at a premium level Our view – Sequential margin compr...
TechM reported an improved revenue performance in Q3, with 1.1% QoQ in cc, aided by 140bps in a o...
Birlasoft’s operating performance outperformed our estimates in Q3. Revenue grew 1.9% QoQ (...
BJAUT’s Q3 margin performance was healthy (up 27bps QoQ to 20.1%, on better mix, operating ...
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...