Q3 Results Highlights: LG Electronics Profit Slumps 61%, Lenskart Reports Strong Quarter

• Net Profit drops 8.1% to Rs 18.4 crore Vs Rs 20 crore
• Revenue up 2% to Rs 388 crore Vs Rs 381 crore
• EBITDA down 6.7% to Rs 38.8 crore Vs Rs 41.6 crore
• EBITDA Margin down 10% Vs 10.9% YoY

Net Profit slumps 61.6% to Rs 89.6 crore Vs Rs 233 crore

Revenue down 6.4% to Rs 4,114 crore Vs Rs 4,396 crore

EBITDA slumps 42.4% to Rs 196 crore Vs Rs 340 crore

EBITDA Margin drops 4.8% Vs 7.7% YoY

IRCON International declares dividend of Rs 1.2/share

• Net Profit rises 16.2% At Rs 101 crore Vs Rs 86.6 crore
• Revenue drops 18.9% to Rs 2,119 crore Vs Rs 2,613 crore
• EBITDA rises 19.6% to Rs 158 crore Vs Rs 132 crore
• EBITDA Margin up 7.4% Vs 5% YoY

Lenskart Q3 Profit Soars Exponentially (Cons, YoY)

• Net Profit soars Rs 131 crore Vs Rs 1.9 crore
• Revenue roses 38.3% to Rs 2,308 crore Vs Rs 1,669 crore
• EBITDA rises to Rs 464 crore Vs Rs 212 crore
• EBITDA margin rises 20.1% Vs 12.7% YoY

SJVN Q3 Highlights (Consolidated, YoY)

• Revenue up 61% at Rs 1,082 crore versus Rs 671 crore.
• EBITDA up 78% at Rs 838 crore versus Rs 470 crore.
• EBITDA Margin At 77.4% Vs 70.1% 
• Net Profit up 50.6% at Rs 224 crore versus Rs 149 crore.

The board approved an interim dividend of Rs 1.15 per share.

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IOL Chemicals Q3 Highlights (Consolidated, YoY)

• Revenue up 10.9% at Rs 580 crore versus Rs 523 crore.
• EBITDA up 22.2% at Rs 57.3 crore versus Rs 46.9 crore.
• EBITDA margin at 9.9% versus 9%.
• Net profit up 0.2% at Rs 20.6 crore versus Rs 20.5 crore.

Surya Roshni Q3 Highlights (Consolidated, YoY)

• Revenue up 3% at Rs 1,927.5 crore versus Rs 1,868 crore.
• EBITDA down 3% at Rs 145 crore versus Rs 150 crore.
• EBITDA margin at 7.5% vs 8%
• Net profit down 11.4% at Rs 79.7 crore versus Rs 89.9 crore.

Sandhar Technologies Q3 Highlights (Consolidated, YoY)

• Revenue up 21.7% at Rs 1,185 crore versus Rs 974 crore.
• EBITDA up 15.1% at Rs 108 crore versus Rs 93.9 crore.
• EBITDA margin at 9.1% versus 9.6%.
• Net profit up 11.7% at Rs 33.4 crore versus Rs 29.9 crore.

Ramco Industries Q3 Highlights (Consolidated, YoY)

• Revenue up 13% at Rs 389 crore versus Rs 344 crore.
• EBITDA up 26.4% at Rs 46.9 crore versus Rs 37.1 crore.
• EBITDA margin at 12.1% versus 10.8%.
• Net profit up 26% at Rs 112 crore versus Rs 88.9 crore.

Avanti Feeds Q3 Highlights (Consolidated, YoY)

• Revenue up 1.3% at Rs 1,384 crore versus Rs 1,366 crore.
• EBITDA up 9.7% at Rs 176 crore versus Rs 160 crore.
• EBITDA margin at 12.7% versus 11.7%.
• Net profit up 10.5% at Rs 149 crore versus Rs 135 crore.

JTEKT India Q3 Highlights

Revenue up 14.9% at Rs 680 crore versus Rs 592 crore (YoY).

EBITDA up 19.9% at Rs 52.3 crore versus Rs 43.6 crore (YoY).

EBITDA margin at 7.7% versus 7.4%.

Net profit up 25.2% at Rs 20.4 crore versus Rs 16.3 crore (YoY).

Mrs Bectors Food Q3 Highlights (Consolidated, YoY)

• Revenue up 8.4% at Rs 533 crore versus Rs 492 crore.
• EBITDA up 11.6% at Rs 68.5 crore versus Rs 61.4 crore.
• EBITDA margin at 12.8% versus 12.5%.
• Net profit up 10.1% at Rs 38.1 crore versus Rs 34.6 crore.

Sachin Shah, the Executive Director and Fund Manager at MK Investment Managers speaking to NDTV Profit shares his view on auto space after M&M's Q3 earnings.

"I think the overall momentum in the auto sector, per se, post the GST cut continues to be there. The consumers continue to keep on, you know, purchasing new and newer vehicles, whether it's two-wheelers, whether it's passenger vehicles. In fact, now we are also seeing some uptick in the commercial vehicle cycle. So I think across the board, domestic auto seems to be in a very, very good shape and the outlook also is very, very promising," he said. 

Man Infraconstruction Q3 Results (Consolidated, YoY)

• Revenue down 37% at Rs 153.3 crore versus Rs 242.3 crore.
• EBITDA down 69% at Rs 32.8 crore versus Rs 106.6 crore.
• Margin at 21.37% vs 43.98%
• Net Profit down 44% at Rs 47 crore versus Rs 83.8 crore.

Juniper Hotels Q3 Highlights (Consolidated, YoY)

• Revenue up 32% at Rs 295.1 crore versus Rs 252.5 crore.
• EBITDA up 37% at Rs 127.5 crore versus Rs 92.8 crore.
• EBITDA margin at 43.2% versus 36.8%.
• Net profit at Rs 65.4 crore versus Rs 32.5 crore.

Divi's Labs Q3 Highlights (Consolidated, YoY)

• Revenue up 12.3% at Rs 2,604 crore versus Rs 2,319 crore.
• EBITDA up 19.8% at Rs 890 crore versus Rs 743 crore.
• EBITDA margin at 34.2% versus 32%.
• Net profit down 1% at Rs 583 crore versus Rs 589 crore.
• Company reported a one-time impact of Rs 74 crore due to new labour codes.

M&M Q3 Highlights

• SUV revenue market share at 24.1%, up 90 bps
• Tractors market share at 44.0%, down 20 bps
• Electric 3 wheelers market share is at 38.6%
• Automotive PBIT at 9.5% vs 9.7% YoY
• Tractor PBIT at 20.2% vs 18.1% YoY

M&M Q3 Highlights

• Revenue at Rs 38,517 crore versus estimate of Rs 38,926 crore.
• EBITDA at Rs 5,293 crore versus estimate of Rs 5,720 crore.
• EBITDA margin at 13.7% versus estimate of 14.7%.
• Net profit at Rs 3,931 crore versus estimate of Rs 3,884 crore.

Hello & welcome! I am Anas, and I will be taking you through all the earnings action today. M&M has already kickstarted the day's action, reporting a net profit beat while revenues were in line.