Q3 Results LIVE: Bank Of Maharashtra Shares Rise Ahead Of Results; ICICI Lombard, Tata Elxsi In Focus
NDTV Profit brings you all the latest December quarter results on Tuesday.
Q3 Results LIVE: Avenue Supermarts Rides Margin Tailwind
Goldman Sachs flagged the margin spike as largely one-off, attributing it to trade discounts from FMCG companies clearing pre-GST channel inventory. As a result, it does not see the gross margin expansion as sustainable.
Q3 Results LIVE: ICICI Prudential Shares Pare Day's Lows
ICICI Prudential's share price pared Tuesday's trading session's lows, and is currently trading 0.11% higher.
Q3 Results LIVE: ICICI Lombard Expects Pickup In Growth
Operational efficiency may also show improvement, with the combined ratio declining sequentially by 89 basis points to 104.3%. This trend suggests better cost management and risk control, although the ratio remains slightly elevated.
Growth is expected to pick up due to improvement in health segment post GST exemption on retail health policies and uptick in motor sales.
Q3 Results LIVE: Bank Of Maharashtra Shares Rise
Shares of Bank of Maharashtra advanced over 2% in intraday trade on Tuesday, ahead of their Q3 results.
Q3 Results LIVE: Tata Elxsi Earnings Estimates
Tata Elxsi is projected to report a 3.5% sequential rise in revenue from operations at Rs 950 crore, as per consensus estimate compiled by Bloomberg.
Net profit may rise to Rs 174 crore from Rs 155 crore in the previous quarter.
Operational income, denoted under earnings before interest and tax, is expected to rise 10% to Rs 187 crore from Rs 170 crore. EBIT margin will expand to 19.7% from 18.5%.
