Revenue beat driven by strong volume growth
Higher RM and freight costs drag margin
* Volumes grew 21% YoY to 83.15k tonne (est. 77.5k tonne).
* Realizations gre..
Escorts Kubota Ltd. (EKL) reported net sales of INR 20.1 bn in 1Q FY23 (~20.1% increase over INR 16.8 bn YoY) and a PAT of INR 1.5 bn (down 20.4% YoY). Escorts Farm Equip..
Q1FY23 Result Highlights
* Revenue grew by 15% QoQ ( up 21.7% YoY) to Rs 522mn in Q1FY23, led by Enterprise solutions that grew by 52% YoY to Rs 3..
Traction at Elysian and Eternia remain strong
OBER released its quarterly update highlighting key business numbers for 1QFY23. Following are the key takeaways:
Muted quarter with deposits and advances being flat QoQ
Wholesale advances grew sequentially, while retail portfolio declined
RBL Bank (RBK) has released ..
Robust loan growth with healthy addition to customer franchise
New loans booked perhaps slightly below expectations because of absence of IPO financing
* BAF acquir..
Business momentum modest; incremental cost of funds rises 40bp QoQ
AUBANK has released its business update for 1QFY23. Here are the key highlights:
* AUBANK re..
Modest business growth; CASA mix moderates to 46%
HDFCB released its quarterly update, highlighting key business numbers for 1QFY23. Following are the takeaways:
Loan growth steady; CASA ratio improves sequentially
CSBBANK released its quarterly business update highlighting 1QFY23 trends. It reported a steady loan growth while ..
Assignments indicate healthy momentum; reports profit from 10% stake sale in HDFC Capital Advisors
Takeaways from HDFC’s pre-quarterly release
* HDFC Ltd. sol..
Exciting player on the horizon
We hosted Dr Rajeev Koundinya, CEO of Hawking Defense Services Pvt Ltd (HDS). HDS is a specialized player in providing unmanned technolo..
Integration at the forefront
Key highlights from the plant visit
Chemplast Sanmar, the largest manufacturer of Specialty Paste PVC resin India, via its wholly owne..
Rupee weakens against US dollar on Thursday
Euro testing support as Ukraine crisis looms over growth
India rupee sees worst week in seven on new variant
Indian rupee weakens against US dollar on Monday
Currency Squeeze: Rupee expected to weaken further
Getting married in the Metaverse
Buy G R Infraprojects Ltd For Target Rs. 1,630 - Motilal Oswal
Market Roundup : Global as well as domestic markets gained strongly post soft US inflation data Says Mr. Siddhartha Khemka, Motilal Oswal
Hold Somany Ceramics Ltd For Target Rs.730- ICICI Direct
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