Q1 Results Live: Bharat Electronics Profit Up 23%, Torrent Pharmaceuticals Profit Rises 20%
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: Torrent Pharmaceuticals Profit Rises 20%
Torrent Pharmaceuticals Q1 Highlights (Consolidated, YoY)
Revenue up 11.2% to Rs 3,178.00 crore versus Rs 2,859.00 crore.
Net Profit up 20% to Rs 548.00 crore versus Rs 457.00 crore.
Ebitda up 14% to Rs 1,032.00 crore versus Rs 904.00 crore.
Margin at 32.5% versus 31.6%.
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.
