Coal India Q2 Results: Profit Falls 22%, Misses Estimates
Krsnaa Diagnostics Q2 Highlights (Consolidated, YoY)
Revenue up 19.9% to Rs 186.34 crore versus Rs 155.45 crore.
Net profit up 87% to Rs 19.60 crore versus Rs 10.50 crore.
Ebitda up 55% to Rs 49.40 crore versus Rs 31.78 crore.
Margin at 26.5% versus 20.4%.
Nuvama Wealth Management Q2 Highlights (Consolidated, YoY)
Total income rises 43% at Rs 1,057 crore versus Rs 737 crore.
Net profit up 77.5% at Rs 257 crore versus Rs 145 crore.
Gensol Engineering Q2 Highlights (Consolidated, YoY)
Revenue up 13.8% to Rs 346.49 crore versus Rs 304.58 crore.
Net profit up 29% to Rs 22.93 crore versus Rs 17.71 crore.
Ebitda up 126% to Rs 106.61 crore versus Rs 47.07 crore.
Margin at 30.8% versus 15.5%.
Shakti Pumps Q2 Highlights (Consolidated, YoY)
Revenue up 315.4% to Rs 634.59 crore versus Rs 152.78 crore.
Net profit up 1637% to Rs 101.42 crore versus Rs 5.84 crore.
Ebitda up 878% to Rs 148.73 crore versus Rs 15.20 crore.
Margin at 23.4% versus 9.9%.
Gross debt decreased by Rs 7.2 billion quarter-on-quarter mainly due to Rs 6.1billion reduction in corporate debt.
Net debt decreased by Rs 6.2 billion quarter-on-quarter.
Source: Press Release
GMR Power And Urban Infra Q2 Highlights (Consolidated, YoY)
Revenue up 120.6% to Rs 1,384.09 crore versus Rs 627.49 crore.
Net profit at Rs 249.56 crore versus loss of Rs 123.27 crore.
Ebitda up 211% to Rs 430.34 crore versus Rs 138.52 crore.
Margin at 31.1% versus 22.1%.
CMS Info System has won new order worth Rs 200 crore in the quarter, while for the first half of the fiscal new order wins stood at Rs 400 crore, in the Managed Services & Technology Solutions business.
Source: Press Release
CMS Info Systems Q2 Highlights (Consolidated, YoY)
Revenue up 4.2% to Rs 624.54 crore versus Rs 599.43 crore.
Net profit up 0.1% to Rs 90.92 crore versus Rs 90.79 crore.
Ebitda up 0.5% to Rs 152.97 crore versus Rs 152.27 crore.
Margin at 24.5% versus 25.4%.
Macrotech Developers Q2: Net Profit Up 108% at Rs 423 crore
Kewal Kiran Clothing Q2 Highlights (Consolidated, YoY)
Revenue up 17.4% to Rs 308.23 crore versus Rs 262.48 crore.
Net profit up 36% to Rs 67.65 crore versus Rs 49.66 crore.
Ebitda up 4% to Rs 63.95 crore versus Rs 61.73 crore.
Margin at 20.7% versus 23.5%.
Praj Industries order intake for the quarter was at Rs 921 crore, compared to Rs 888 crore in the first quarter of this financial year and less against Rs 1,063 crore in the same period last year.
IndiGo's Fuel CASK increased by 4.2% to Rs 1.73 and CASK ex fuel increased by 16.8% to Rs 2.96.
Phoenix Mills Q2 Highlights (Consolidated, YoY)
Revenue up 4.9% to Rs 917.97 crore versus Rs 875.02 crore.
Net profit down 4% to Rs 290.64 crore versus Rs 303.83 crore.
Ebitda up 2% to Rs 517.68 crore versus Rs 505.96 crore.
Margin at 56.4% versus 57.8%.
Astec LifeSciences Q2 Highlights (Consolidated, YoY)
Revenue down 11.0% to Rs 98.55 crore versus Rs 110.79 crore.
Net loss at Rs 38.55 crore versus loss of Rs 13.42 crore.
Ebitda loss at Rs 19.74 crore versus loss of Rs 3.42 crore.
IndiGo Q2 Results: Net Loss At Rs 987 Crore
IndiGo's long-term view on Indian markets growth remains unchanged, said the management. The airline also sees some normalisation in growth numbers on quarterly basis.
The growth was in-line with the company's expectation they added.
The management also said that domestic inflation is correlated to IndiGo's expenses, and they hope to see some inflation moderating.
Source: Earnings Concall
UTI Asset Management Q2 Highlights (Consolidated, YoY)
Total income rises 33% at Rs 540 crore versus Rs 406 crore.
Net profit rises 44% at Rs 263crore versus Rs 183 crore.
Praj Industries Q2 Results: Profit Falls 14%, Misses Estimates
Balkrishna Industries Q2 Results: Profit Flat, Revenue Rises 7.4%
DLF Q2 Highlights (Consolidated, YoY)
Revenue rises 47% at Rs 1,975 crore versus Rs 1,348 crore.
Ebitda up 9% at Rs 502 crore versus Rs 462 crore.
Ebitda margin at 25.4% vs 34.3%.
Net profit up 122% at Rs 1,381 crore versus Rs 622 crore.
Reversal of deferred tax liability of Rs 606 crores up to Sept. 30 2024.
Texmaco Rail & Engineering Q2 Highlights (Consolidated, YoY)
Revenue up 67.2% to Rs 1,345.88 crore versus Rs 805.05 crore.
Net profit up 201% to Rs 74.11 crore versus Rs 24.59 crore.
Ebitda up 73% to Rs 132.20 crore versus Rs 76.25 crore.
Margin at 9.8% versus 9.5%.
Syrma SGS Technology Q2 Highlights (Consolidated, YoY)
Revenue up 17% to Rs 832.74 crore versus Rs 712 crore.
Net profit up 30% to Rs 39.65 crore versus Rs 30.51 crore.
Ebitda up 42% to Rs 70.96 crore versus Rs 50 crore.
Margin at 8.5% versus 7%.
Inox Wind Energy Q2 Highlights (Consolidated, YoY)
Revenue up 97.4% to Rs 733.01 crore versus Rs 371.40 crore.
Net Profit at Rs 84.46 crore versus loss of Rs 57.14 crore.
Ebitda up 514% to Rs 166.09 crore versus Rs 27.03 crore.
Margin at 22.7% versus 7.3%.
Bank of Baroda is looking to recover around Rs 12,000 crore this year. The bank will maintain slippages at Rs 9,000-10,000 crore this year.
The bank does not have a large microfinance book, and it is not seeing any major stress level in this portfolio said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
Source: Earnings Concall
Bank of Baroda is looking to moderate growth as it does not want to run too much faster than system.
The bank is moderating asset growth guidance to match lower deposit growth, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
The bank will also be moderating a little on corporate growth owing to pricing and margin management.
Source: Earnings Concall
Bank of Baroda's system liquidity has improved in October, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
The bank will maintain margins at current levels, he added,
The bank has moderated unsecured loans since Sept 2023.
Chand believes GDP growth will be robust at 7.3%.
Source: Earnings Concall
IndiGo's grounded aircrafts reduced to high 60s said management.
The air carrier has taken delivery of six aircraft from Qatar and has become the first Indian airline with over 400 aircrafts.
Source: Earnings Concall
Inox Wind Q2 Highlights (Consolidated, YoY)
Revenue up 97.6% at Rs 732 crore versus Rs 371 crore.
Ebitda rises 258.5% at Rs 173 crore versus Rs 48 crore.
Ebitda margin rises at 23.6% versus 13%.
Net profit at Rs 90 crore versus loss Of Rs 27 crore.
Deferred tax expense Rs 3.6 crore this quarter versus Rs 1.12 crore last year same quarter.
Torrent Pharmaceuticals Q2 Highlights (Consolidated, YoY)
Revenue up 8.6% to Rs 2,889 crore versus Rs 2,660 crore.
Net profit up 17% to Rs 453 crore versus Rs 386 crore.
Ebitda up 14% to Rs 939 crore versus Rs 825 crore.
Margin at 32.5% versus 31.0%.
Bank Of Baroda Q2 Results: Profit Up 23% On Asset-Quality Improvement, Steady Loan Growth
Bank of Baroda is spending a good amount of money on IT operations, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
Source: Earnings Concall
Bank of Baroda has been working a lot toward managing ESG, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
This according to him will be the core commitment for the bank. He also added that the bank is looking to retailise the book.
Source: Earnings Concall
Bank of Baroda is looking at maintaining margin alongside growth, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
He further added that asset quality is looking quite satisfying.
Slippage ratio and credit cost is within guidance, he added.
Source: Earnings Concall
CreditAccess Grameen Q2 Highlights (Standalone, YoY)
Total income rises 17% at Rs 1,454 crore versus Rs 1,248 crore.
Net profit down 47% at Rs 185 crore versus Rs 349 crore.
Aegis Logistics Q2 Highlights (Consolidated, YoY)
Revenue up 41.8% to Rs 1,750.42 crore versus Rs 1,234.86 crore (Bloomberg estimate: Rs 1,856 crore).
Net profit up 1% to Rs 152.02 crore versus Rs 150.01 crore (Bloomberg estimate: Rs 151 crore).
Ebitda up 8% to Rs 223.94 crore versus Rs 208.31 crore (Bloomberg estimate: Rs 266 crore).
Margin at 12.8% versus 16.9% (Bloomberg estimate: 14.40%).
Tatva Chintan Pharma Chem Q2 Highlights (Consolidated, YoY)
Revenue down 13.6% to Rs 83.49 crore versus Rs 96.67 crore.
Net loss at Rs 0.66 crore versus Rs 7.78 crore.
Ebitda down 72% to Rs 5.58 crore versus Rs 20.25 crore.
Margin at 6.7% versus 20.9%.
ICRA Q2 Highlights (Consolidated, YoY)
Total income rises 20.54% at Rs 146 crore versus Rs 121 crore.
Net profit rises 15.6% at Rs 37 crore versus Rs 32 crore.
Bank of Baroda Q2 Highlights
Net profit rises 23.2% at Rs 5,238 crore versus Rs 4,253 crore (YoY).
NII rises 7% at Rs 11,622 crore versus Rs 10,831 crore (YoY).
Gross NPA at 2.5% versus 2.88% (QoQ).
Net NPA at 0.6% versus 0.69% (QoQ).
IndiGo's capacity increased by 8.2% to 38.2 billion in the second quarter and passengers increased by 5.8% to 27.8 million.
Source: Press Release
Revenue up 14% at Rs 16,970 crore versus Rs 14,944 crore. (Bloomberg estimate: Rs 17,254 crore)
Net loss at Rs 987 crore versus profit of Rs 189 crore. (Bloomberg estimate: profit of Rs 134 crore)
Ebitdar flat at Rs 2,396 crore.
Ebitdar margin at 14.1% versus 16%.
Net profit up 20% at Rs 2,153 crore verses Rs 1,792 crore.
Total income up 18% at Rs 10,097 crore versus Rs 8,564 crore.
The board declares interim dividend of Rs 22 per share.
It also cleared plan to split each share into five.
Bandhan Bank Q2 Results: Profit Jumps 30%, Meets Estimates
BPCL Q2 Results: Profit Falls 20%, Misses Estimates
Total income up 35% at Rs 6,322 crore versus Rs 4,695 crore
Net profit up 25% at Rs 968 crore versus Rs 773 crore (Bloomberg estimate: Rs 1,011 crore)
Revenue up 16% at Rs 660 crore versus Rs 567 crore.
Net Profit down 43% at Rs 10.4 crore versus Rs 18.5 crore.
Ebitda margin at 5.4% versus 3.6%
Ebitda up 73% at Rs 36 crore versus Rs 21 crore
Revenue up 23% at Rs 3,657 crore versus Rs 2,978 crore
Ebitda up 29% at Rs 1076 crore versus Rs 835 crore
Ebitda margin at 29.4% vs 28%
Net profit down 10% at Rs 982 crore versus Rs 1,086 crore
NII up 8% at Rs 1,436 crore versus Rs 1,334 crore
Net profit up 45% at Rs 551 crore versus Rs 381 crore
Gross NPA at 3.95% versus 3.91% (QoQ)
Net NPA at 0.85% versus 0.76% (QoQ)
IDBI Bank Q2 Results: Profit Net Rises 39%
JSW Holdings (Consolidated, YoY)
Total revenue up 82% at Rs 162 crore versus Rs 89 crore.
Net profit up 89% at Rs 120 crore versus Rs 63 crore.
PSP Projects Q2 Highlights (Consolidated, YoY)
Margin at 6.4% versus 11.7%
Ebitda down 48% at Rs 37.6 crore versus Rs 72.5 crore.
Revenue down 5.4% at Rs 586 crore versus Rs 620 crore.
Ebitda margin at 7.7% versus 9.4%.
HPCL Q1 Results: Profit Falls Nearly 88%, Gross Refining Margin Down 32%
Kirlaskar Pneumatic Q2 Highlights (Consolidated, YoY)
Revenue up 53% at Rs 431 crore versus Rs 282 crore.
Ebitda up 195% at Rs 94 crore versus Rs 32 crore.
Margin at 21.7% versus 11.2%.
Net profit up 235% At Rs 67.5 crore versus Rs 20.2 crore.
Apollo Pipes Q2 Highlights (Consolidated, YoY)
Revenue down 19% at Rs 250 crore versus Rs 308 crore.
Ebitda down 33% at Rs 19 crore versus Rs 29 crore.
Ebitda margin at 7.7% versus 9.4%.
Net profit down 72% at Rs 4 crore versus Rs 14 crore.
JSW Steel Q2 Results: Profit Falls 85% On Exceptional Item, Ebitda Meets Estimates
Total income up 63% at Rs 430 crore versus Rs 263 crore.
Net profit up 110% at Rs 299 crore versus Rs 142 crore.
Hindustan Petroleum Q2 Results: Profit Rises 77%, But Falls Well Short Of Estimates
Bharat Electronics Q2 Results: Net Profit Rises 38%, Beats Estimates
Revenue up 264% at Rs 266 crore versus Rs 73 crore.
Ebitda up 95% at Rs 66 crore versus Rs 34 crore.
Ebitda margin at 24.8% versus 46.6%.
Net profit up 291% at Rs 43 crore versus Rs 11 crore.
Revenue up 47% at Rs 741 crore versus Rs 505 crore
Ebitda up 46% at Rs 265 crore versus Rs 181 crore
Ebitda margin at 35.7% versus 35.8%
Net profit down 21% at Rs 96 crore versus Rs 122 crore
Approves acquisition of 30% stake in Levim Lifetech at primary equity investment of `54 cr
Net profit up 7.5% at Rs 17 crore versus Rs 16 crore.
Revenue up 7% at Rs 199 crore versus Rs 186 crore.
Ebitda down 15% at Rs 8 crore versus Rs 10 crore.
Ebitda margin at 4.1% versus 5.2%.
Net profit up 2.8% at Rs 20.6 crore versus Rs 20 crore.
Revenue up 10% at Rs 209 crore versus Rs 189 crore.
Ebitda up 12% at Rs 64 crore versus Rs 57 crore.
Ebitda margin at 30.5% versus 29.9%
Net profit up 3.2% at Rs 40.5 crore versus Rs 39.2 crore.
Revenue at Rs 385 crore versus Rs 149 crore.
Ebitda up 17.5% at Rs 29.2 crore versus Rs 24.8 crore.
Margin at 7.6% versus 16.6%.
Net Profit up 65.1% at Rs 103 crore versus Rs 62.1 crore.
Revenue up 4.5% at Rs 1,742 crore versus Rs 1,667 crore.
EBITDA up 22.4% at Rs 279 crore versus Rs 228 Cr crore.
Margin at 16% versus 13.7%.
Revenues may fall 12.7% to Rs 1.05 lakh crore.
Ebitda may jump 100.33% to Rs 4,222.32 crore.
Margins may expand to 4% versus 1.7%.
Net profit may jump 439.02% to Rs 1,917.83 crore.
HPCL, BPCL Q2 Preview: Higher Marketing Margins Likely To Support Earnings
Revenues may fall 3.3% to Rs 1.09 lakh crore.
Ebitda may rise 10% to Rs 6,248.8 crore.
Margins may expand to 5.7% versus 5%.
Net profit may rise 22.3% to Rs 3,687.2 crore.
Bharat Petroleum Corp. of India is expected to post weak results for the September quarter due to weak demand during the period, according to Nuvama. The brokerage expects BPCL to have a gross refining margin of $7 per barrel. This compares to the $13-18 per barrel refining margin seen a year ago.
Oil prices witnessed a strong correction during the quarter, benefiting the oil marketing companies. As per Motilal Oswal, the higher marketing margins expected could drive up the standalone Ebitda by 38%, respectively, on a QoQ basis.
Net Profit at Rs 15.7 crore versus Rs 6.6 crore.
Revenue up 84.3% at Rs 161 crore versus Rs 87.2 crore.
Ebitda up 77.7% at Rs 32.7 crore versus Rs 18.4 crore.
Margin at 20.3% versus 21.%
Coal India Ltd., Bank of Baroda, Bharat Petroleum Corp. and Hindustan Petroleum Corp. will be in focus on Friday as they announce their earnings for the September quarter of the current financial year.
Coal India is likely to report a net profit of Rs 8,444 crore for the quarter ended September. The largest government-owned coal producer in the world is likely to report a top line of Rs 31,207 crore, earnings before interest, taxes, depreciation and amortisation of Rs 10,577 crore, as well as an Ebitda margin of 33.9%, according to Bloomberg estimates.
Bank of Baroda is likely to clock a bottom line of Rs 4,452 crore. BPCL is likely to clock a profit of Rs 4,118 crore and is expected to report an Ebitda margin at 5.5%. Its revenue from operations is expected to be Rs 1.09 lakh crore, while its Ebitda is estimated as Rs 6,048 crore, according to Bloomberg estimates.
HPCL is estimated to report a profit of Rs 2,008 crore and a revenue of Rs 1.02 lakh crore. It is estimated to report an Ebitda of Rs 4,258 crore and an Ebitda margin at 4.2%, as per Bloomberg analysts.
Bharat Electronics Ltd. is expected to post a net profit of Rs 843 crore during its second quarter. Analysts expect its top line to be Rs 5,159 crore, Ebitda to be Rs 1,075 crore and Ebitda margin to be 20.8%.
DLF Ltd. is expected to post a net profit of Rs 658 crore and a top line of Rs 1,367 crore. The real estate company is estimated to report an Ebitda of Rs 626 crore and an Ebitda margin at 45.8%, as per Bloomberg analysts.
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