BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Centrum Broking Report
FDC Ltd's Q2 FY21 results are ahead of Centrum Broking's estimates.
Revenues grew 7.3% YoY/ 20.5% QoQ to Rs 3.7 billion, largely driven by export sales while domestic sales continue to decline 7% YoY increased 18% QoQ.
Export formulation business supported the quarter with strong growth of 122% YoY to Rs 782 million (21%of sales).
This growth was driven by a stellar contribution from the U.S. market which contributed 15% of sales during Q2.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
