Q1 Results Update: United Breweries Profit Rises 6%; Dalmia Bharat Revenue Flat
Get all the latest updates on Q1 results coming on July 22, corporate news, dividend news, board approvals, guidance and capex plans.
KEY HIGHLIGHTS
Paytm Q1 Results Live: Top Five Takeaways From Management Concall
Striving towards a 15-20% Ebitda margins.
Expect FY26 exit Ebitda margins to be considerably better.
Believe payment business is profitable even without MDR.
Indirect expenses should not grow "anywhere close" to revenue growth.
Consumer credit business has likely bottomed.
Q1 Results Live: United Breweries Profit Rises 6%
United Breweries Q1 Earnings Key Highlights (Standalone, YoY)
Revenue rises 15.7% to Rs 2,862.42 crore versus Rs 2,472.95 crore.
Net Profit up 6% to Rs 183.71 crore versus Rs 173.28 crore.
Ebitda up 9% to Rs 310.52 crore versus Rs 284.74 crore.
Margin at 10.8% versus 11.5%.
Paytm Q1 Results Live: AI, Margins & Expense Discipline
Madhur Deora (President & Group CFO):
AI to be embedded in every customer product and internal process.
Low-hanging cost optimisations already done; further efficiency levers remain.
Indirect expenses to grow well below revenue pace.
Disciplined approach on expense management going forward.
No specific margin guidance, but expects “significant” Ebitda margin improvement by FY26-end.
Source: Con call
Paytm Q1 Results Live: Payments Growth & Strategy
Vijay Shekhar Sharma (Founder & CEO):
GMV growth driven by UPI and new merchant additions.
Actively expanding merchant base; strong focus on deepening relationships.
Sees 4–5x growth potential in digital payments ahead.
No business dependence on possible MDR implementation.
No comment on MDR for large or small merchants.
Madhur Deora (President & Group CFO):
Card payments present a large growth opportunity.
Priority is to expand card machine footprint across markets.
Merchant payments remain the core business and key to Ebitda focus.
Source: Con call
Paytm Q1 Results Live: Costs & Strategic Focus
Madhur Deora (President & Group CFO):
Other costs rose quarter-on-quarter, leading to higher DLG impact.
Collection costs declined year-on-year and quarter-on-quarter, as personal loan partnerships fell.
Contribution margin expected to stay in the 50s range.
Financial services may see some impact as focus shifts away from DLG.
Emphasises pushing new business initiatives over board responsibilities.
Source: Con call
