Q3 Results Updates: Rossari Biotech Profit Slips 8%; ICICI Prudential Profit Rises To Rs 325 Crore

Rossari Biotech Q3 Highlights (Consolidated, YoY)

• Revenue up 10.6% to Rs 513 crore versus Rs 464 crore.

• Ebitda up 1.9% to Rs 64.7 crore versus Rs 63.5 crore.

• Ebit margin at 12.6% versus 13.7%.

• Net profit down 7.6% at Rs 31.7 crore versus Rs 34.3 crore.

Tanla Platforms Q3 Highlights (Consolidated, QoQ)

• Revenue down 0.03% to Rs 1,000 crore versus Rs 1,001 crore.

• Ebit down 8.6% to Rs 139 crore versus Rs 152 crore.

• Ebit margin at 13.9% versus 15.2%.

• Net profit down 9% at Rs 119 crore versus Rs 130 crore.

PNB Housing Finance Co Q3 Highlights (YoY)

• Net income up 9.9% at Rs 1,925 crore versus Rs 1,751 crore.

• Net profit up 36% at Rs 471 crore versus Rs 346 crore.

ICICI Prudential Life Insurance Co Q3 Highlights

• Net premium income up 23.49% at Rs 12,261 crore versus Rs 9,929 crore (YoY).

• Net profit up 43.2% at Rs 325 crore versus Rs 227 crore (YoY).

• Solvency Ratio at 211.8% versus 188.6% (QoQ).

• 13th month persistency at 85.8% versus 86.4% (QoQ).

Coforge, HPCL, United Spirits Among Stocks To Outperform Despite Q3 Results Misses, Says Jefferies

On-ground manufacturing in USA will help growth opportunity for us, said Bodanapu, adding that the pipeline of $1 billion, in terms of opportunity, stays. There is no need for capex in terms of capacity addition as of now, he further mentioned.

Source: Earnings Con Call

Dalmia Bharat Q3 Highlights (Consolidated, YoY)

• Revenue down 11.7% to Rs 3,181 crore versus Rs 3,604 crore.

• Ebitda down 34.4% to Rs 511 crore versus Rs 779 crore.

• Ebitda margin at 16.1% versus 21.6%.

• Net profit down 77% at Rs 61 crore versus Rs 263 crore.

Krishna Bodanapu, the non-executive chairman of the company spoke about the acquisition of Altek in previous quarters. Political developments will present an opportunity for localised production, which will benefit our acquisition of Altek, he stated. The large contracts signed by the company last year are showing traction, said Bodanapu.

Source: Earnings Con Call

KEI Industries Q3 Highlights (Consolidated, YoY)

• Revenue up 19.8% to Rs 2,467 crore versus Rs 2,059 crore.

• Ebitda up 12.3% to Rs 241 crore versus Rs 214 crore.

• Ebitda margin at 9.6% versus 10.4%.

• Net profit up 9.4% at Rs 165 crore versus Rs 151 crore.

Tata Technologies Q3 Highlights (Consolidated, QoQ)

• Revenue up 1.6% to Rs 1,317.38 crore versus Rs 1,296.45 crore.

• Ebit down 1% to Rs 203.57 crore versus Rs 205.64 crore.

• Ebit margin at 15.5% versus 15.9%.

• Net profit up 7.1% at Rs 168.64 crore versus Rs 157.41 crore.

UltraTech Cement Q3 Results: Date, Time, Earnings Schedule And More

Shares of the conglomerate ended 1.31% higher at Rs 1,774.95 apiece on the National Stock Exchange ahead of their Q3 results on Tuesday, as compared to a 1.37% decline in the benchmark NSE Nifty 50.

IndiaMART InterMESH Q3 Highlights (Consolidated, YoY)

• Revenue up 16% at Rs 354 crore versus Rs 305 crore.

• Ebitda up 61.4% at Rs 138 crore versus Rs 85.7 crore.

• Ebitda margin at 39% versus 28.1%.

• Net profit up 47.7% at Rs 121 crore versus Rs 81.9 crore.

MD & CEO Ashwini Kumar

• Microfinance portfolio just 0.6% of total loan book

• Not seeing any default in self help group portfolio

• CASA ratio to remain in 37-38% guidance

Aditya Birla Real Estate Q3 Highlights (Consolidated, YoY)

• Revenue falls 10.6% to Rs 957 crore versus Rs 1,070 crore.

• Ebitda down 93.5% to Rs 12.8 crore versus Rs 197 crore.

• Ebitda margin at 1.3% versus 18.4%.

• Net Loss of Rs 42.4 crore versus Profit of Rs 79.9 crore.

South Indian Bank Q3 Highlights (Consolidated, YoY)

• Net Profit rises 12% to Rs 342 crore versus Rs 305 crore.

• NII rises 6% to Rs 869 crore versus Rs 819 crore.

• Gross NPA at 4.30% versus 4.40% (QoQ).

• Net NPA at 1.25% versus 1.31% (QoQ).