Q1 Results Live: Bharat Electronics Profit Up 23%, Beats Estimates
Welcome to NDTV Profit's live coverage of first-quarter earnings. About 92 companies are set to post results and the big names include Bharat Electronics, Adani Green Energy, Mazagon Dock and more.
KEY HIGHLIGHTS
Q1 Results Live: BEL Shares Close Lower Despite Rise In Profit
Shares of BEL closed 1.51% lower at Rs 389.25 apiece on the NSE, compared to a 0.63% fall in the benchmark Nifty. The stock has risen 21.13% in the last 12 months and 32.78% on a year-to-date basis.
Out of the 29 analysts tracking the company, 24 have a 'buy' rating on the stock, one gave 'hold' and four recommend 'sell', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 6.9%.
Q1 Results Live: Thangamayil Jewellery Profit Falls 19%
Thangamayil Jewellery Q1 Highlights (Consolidated, YoY)
Revenue up 12.7% to Rs 1,555.32 crore versus Rs 1,380.50 crore.
Net Profit down 19% to Rs 45.71 crore versus Rs 56.56 crore.
Ebitda down 71% to Rs 69.41 crore versus Rs 241.02 crore.
Margin at 4.5% versus 17.5%.
Q1 Results Live: Astec Life Loss Narrows To Rs 33 Crore
Astec Life Q1 Highlights (Consolidated, YoY)
Net loss at Rs 33 crore versus loss of Rs 39.7 crore.
Revenue rises 31.3% at Rs 91.1 crore versus Rs 69.4 crore.
Ebitda loss at Rs 11 crore versus Ebitda loss of Rs 46.3 crore.
Q1 Results Live: Ajanta Pharma Profit Rises
Ajanta Pharma Q1 Highlights (Consolidated, YoY)
Revenue up 13.8% to Rs 1,302.60 crore versus Rs 1,144.90 crore.
Ebitda up 6.3% to Rs 351.20 crore versus Rs 330.33 crore.
Margin at 27.0% versus 28.9%.
Net Profit up 3.9% to Rs 255.30 crore versus Rs 245.70 crore.
Q1 Results Live: BEL Profit Up 23%, Beats Estimates
Bharat Electronics Q1 Highlights (Consolidated, YoY)
Revenue up 4.6% to Rs 4,439.74 crore versus Rs 4,243.57 crore (Bloomberg Estimate: Rs 4,794 crore).
Ebitda up 31% to Rs 1,238.27 crore versus Rs 948.20 crore (Bloomberg Estimate: Rs 1,119 crore).
Margin at 27.9% versus 22.3% (Bloomberg Estimate: 23.3%).
Net Profit up 23% to Rs 969.91 crore versus Rs 791 crore (Bloomberg Estimate: Rs 906 crore).
