Key News Ultratech Cement, JSW Steel & Supreme Industries Ltd by SPA Securities
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Key News
Ultratech Cement Q3 result
The company has reported revenue of Rs.12254 crores during the period ended December 31, 2020 as compared to Rs.10439 crores during the period ended December 31, 2019. OPM during the same period rose 600 bps to 25%. The company has posted net profit of Rs.1584 crores for the period ended December 31, 2020 as against net profit of Rs.712 crores for the period ended December 31, 2019.
JSW Steel Q3 result
The company has reported revenue of Rs.21859 crores during the period ended December 31, 2020 as compared to Rs.18055 crores during the period ended December 31, 2019. OPM during the same period rose 1200 bps to 27%. The company has posted net profit of Rs.2681 crores for the period ended December 31, 2020 as against net profit of Rs.211 crores for the period ended December 31, 2019.
Supreme Industries Q3 result
The company has reported revenue of Rs.1844 crores during the period ended December 31, 2020 as compared to Rs.1373 crores during the period ended December 31, 2019. OPM during the same period rose 600 bps to 22%. The company has posted net profit of Rs.312 crores for the period ended December 31, 2020 as against net profit of Rs.123 crores for the period ended December 31, 2019.
Oberoi Realty Q3 result
The company has reported revenue of Rs.828 crores during the period ended December 31, 2020 as compared to Rs.527 crores during the period ended December 31, 2019. OPM during the same period rose 200 bps to 46%. The company has posted net profit of Rs.287 crores for the period ended December 31, 2020 as against net profit of Rs.148 crores for the period ended December 31, 2019.
Ramkrishna Forgings Q3 result
The company has reported revenue of Rs.403 crores during the period ended December 31, 2020 as compared to Rs.284 crores during the period ended December 31, 2019. OPM during the same period rose 200 bps to 19%. The company has posted net profit of Rs.15 crores for the period ended December 31, 2020 as against net profit of Rs.2 crores for the period ended December 31, 2019.
Crompton Greaves Consumer Electrical Q3 result
The company has reported revenue of Rs.1348 crores during the period ended December 31, 2020 as compared to Rs.1071 crores during the period ended December 31, 2019. OPM during the same period rose 200 bps to 15%. The company has posted net profit of Rs.151 crores for the period ended December 31, 2020 as against net profit of Rs.161 crores for the period ended December 31, 2019.
Polycab Q3 result
The company has reported revenue of Rs.2799 crores during the period ended December 31, 2020 as compared to Rs.2507 crores during the period ended December 31, 2019. OPM during the same period remained flat at 13.5%. The company has posted net profit of Rs.262 crores for the period ended December 31, 2020 as against net profit of Rs.219 crores for the period ended December 31, 2019.
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