Result Synopsis Dr Reddys’ continues to benefit from Revlimid, potentially better tracti...
India outshines amid tough macros; Indonesia loss narrows * RBA’s India business posted ...
Weakness in underlying industries dents overall performance Weak FY25 outlook as growth in un...
Our view L&T’s Q3FY24 print came below our expectations on EBITDA and PAT front even...
Broadly in-line show MMFS’ NII and PPOP in Q3 FY24 were largely in-line with our estimat...
Net equity inflows start to improve somewhat Our view – Sequential yield improvement ma...
Exports impact topline; Margin surprises positively Gillette India Ltd. (GILL’s) Dec&rsq...
Strong retail momentum; legacy book continues to run down Retail AUM grew 54% YoY with retail...
Demand softness persists * Vedant Fashions’ PAT/EBITDA growth remained soft at 5%/8% YoY...
For Q3FY24, Dalmia Bharat (Dalmia) reported in-line EBITDA of Rs7.7bn, which grew 20% YoY/32% QoQ...
DCB reported a 14% miss on PAT at Rs1.3bn (Emkay: Rs1.5bn) due to lower margins, other income, an...
Weaker-than-expected margins lead to miss * Indraprastha Gas’ (IGL) EBITDA came in below...
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...
Higher domestic channel inventory leads to below than estimated performance; downgrade to ADD ...
NAM maintains healthy share in net equity flows Our view – NAM has outperformed the indu...
Strong reported GRMs, core GRMs highest amongst Indian refiners; marketing disappoints Our Vi...
IOCL reported a sizable earnings beat in Q3FY24, driven by the inventory gains surprise (refining...
Despite stable NIMs due to increased interest income on securitization and higher fees including ...
ACC’s Q3FY24 EBITDA was a robust beat on our/consensus estimates by 27- 30% mainly owing to...
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 por...
In line volumes, use or pay one off income drives the reported profitability Our View Petr...
Johnson Controls-Hitachi Air Conditioning RESULT REPORT Q3 FY24 | Sector: Consumer Durables Janua...
Inline operating performance as it continues to lose subscribers Result Synopsis Vodafone ...
SBI Cards (SBIC), yet again, reported a miss on earnings (of 10%), with PAT at Rs5.5bn/4.1% RoA d...
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,...
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 ...
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...
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...