Tough macro environment ensures that growth comes at a cost While there have been murmurs of r...
Prioritizing profitability to mitigate near-term headwinds In 3QFY24, Ashok Leyland (AL) repor...
On expected lines Britannia’s Dec-Q earnings were broadly inline with our estimates with...
Premiumisation at play; tariff hike & capex moderation to boost FCF Bharti’s 3QFY24 ...
Below the note Arbitrage Expiry Analysis Note by JM Financial AMC. Appended are...
Equity MF schemes (ex-arbitrage) inflows surged to INR 320bn in Jan’24 (vs. INR 215bn in De...
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...
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...
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...
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...
Aditya Birla Capital (ABCL), on its Analyst Day, exuded its tech advances over FY24 and presented...
CarTrade reported existing business revenue of INR 955mn, a decline of 1.6%/1.8% QoQ/YoY as Remar...
During 3QFY24, Apollo Tyres reported consol. EBITDAM of 18.3%, 50bps above JMFe. This was led by ...
AIA Engineering (AIAE) reported number broadly inline with estimates. During the quarter revenue ...
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...
Focus on renewable power, ISMT turnaround key monitorable Kirloskar Ferrous reported consol. E...
Macro continues to take a toll Bajaj Electricals’ (BEL) posted another weak set of earni...
Steady quarter; growth uptick awaited LICHF reported a minor beat on PAT (+3% vs JMFe) at INR ...
Ferrous companies in our coverage universe are likely to report sequentially higher spreads on ac...
At the start of this quarter, there was heightened optimism over the industry’s prospects c...
No Brakes on growth; Play on EV light-weighting Opportunity Leading supplier in 2W segment wit...
Strong Quarter Aptus Value Housing Finance (Aptus) reported a strong quarter with PAT of INR 1...
SSSG weakness continues to drag profitability Devyani’s 3QFY24 earnings were below our f...
Growth momentum continues Five-star business finance (Five-Star) continues its strong performa...
Inventory rationalisation unlikely be to be repeated UPL’s 3QFY24 EBITDA missed JMFe and...
Strong volume performance JSW Infrastructure (JSWIL) posted a strong performance in 3QFY24 wit...
ARPU on a structural uptrend as industry needs INR 275-300 ARPU to meet future capex needs: ...
Domestic business drives strong quarter Indian Hotels Company Limited (IHCL) reported a stella...
Robust performance in a seasonally weak qtr; deleveraging on track In 3QFY24, JLR reported EBI...
Steady at the core, soft at the margin SBIN reported a steady quarter with NII of INR 398bn (+...
Zomato reported a very strong quarter in 3Q, as most headline numbers were either in line or ahea...
Key takeaways from 3QFY24 earnings call RR Kabel (RRK) management reiterated volume guidance o...
Stable performance; Pocharam asset drags occupancy Mindspace REIT (Mindspace) reported an in l...
Positive surprise on credit cost; sustainability key to rerating M&M Financial Services (M...
KPIT’s healthy top-line growth in 3QFY24 (+4.3% cc QoQ vs JMFe: 2.7%) defied subdued perfor...
Despite the quarter seeing relatively tepid insurance industry growth, PB Fintech reported a heal...
DRRD’s US business has sustained its strong momentum led by gRevlimid, ramp-up in base busi...
In 3QFY24, NTPC Ltd (NTPC) reported net sales of INR 428bn (-4% YoY,-8% JMFe, -8% consensus), EBI...