Outcomes on February 7: Bharti Airtel to be in focus forward of its quarterly earnings scheduled to be declared on February 7. Hero MotoCorp, Ambuja Cements, Adani Ports and Particular Financial Zone, Adani Inexperienced Vitality, NDTV, Aditya Birla Trend and Retail, Astral, Barbeque-Nation Hospitality, Bharat Dynamics, Pc Age Administration Providers, Deepak Nitrite, Gujarat Fluorochemicals, GSK Pharma, Kalyan Jewellers India, Motherson Sumi Wiring India, Navin Fluorine Worldwide, NHPC, Phoenix Mills, Ramco Cements, Rashtriya Chemical compounds & Fertilizers, Sobha, Thermax, and Wonderla Holidays are amongst others to share their quarterly earnings on February 7.
Tata Metal: The Tata Group firm has posted consolidated lack of Rs 2,502 crore for quarter ended December FY23, towards revenue of Rs 9,598 crore in year-ago interval, impacted by sharp drop in realisations and spreads in Europe. Income for the quarter fell 6.1% YoY to Rs 57,083.6 crore with fall in India in addition to Europe companies. On the working entrance, EBITDA plunged 74.5% YoY to Rs 4,048 crore and margin dropped 1,906 bps to 7.09% for the quarter. Total numbers, barring topline, missed analysts’ estimates.
LIC Housing Finance: The housing finance firm has recorded revenue at Rs 480 crore for quarter ended December FY23, down by 37.4% p.c in comparison with year-ago interval, impacted by impairment on monetary devices. Internet curiosity revenue grew by 10.4% year-on-year to Rs 1,605.9 crore for the quarter.
Muthoot Finance: The gold mortgage financing firm has registered a 12.4% year-on-year decline in standalone revenue at Rs 902 crore for three-month interval ended December FY23 regardless of fall in impairment on monetary devices, as web curiosity revenue fell almost 10% to Rs 1,704 crore in comparison with year-ago interval.
JK Paper: The paper producer has recorded a 119% year-on-year enhance in consolidated revenue at Rs 329.3 crore for three-month interval ended December FY23, as income grew by 60.5% YoY to Rs 1,643 crore for the quarter. On the working entrance, EBITDA surged 125% YoY to Rs 565.5 crore and margin expanded by 985 bps to 34.4% in Q3FY23.
UltraTech Cement: The cement main has introduced commissioning of 1.5 mpta brownfield cement grinding unit at Jharsuguda in Odisha, taking the overall cement capability in Odisha to 4.1mtpa. With this commissioning, firm’s complete cement manufacturing capability in India now stands at 122.85 mtpa.
Dhampur Sugar Mills: The corporate has accomplished growth of its distillery capability by 130 KLPD (kilo litre per day) on ‘C’ heavy molasses at Dhampur unit in Uttar Pradesh. With this growth, the distillery capability of the corporate now stands at 350 KLPD.
Grasim Industries: The board members of the corporate has given their approval for appointment of Ananyashree Birla & Aryaman Vikram Birla as extra administrators (non-executive administrators). Yazdi Piroj Dandiwala can be appointed as a further director (unbiased director).
BLS Worldwide Providers: The corporate has reported sturdy earnings for quarter ended December FY23 with revenue rising 62% year-on-year to 45.85 crore on sturdy working efficiency. Income for the quarter grew by 93% YoY to Rs 438 crore led by sharp restoration in visa & consular enterprise, and enhance in income from ZMPL. On the working entrance, EBITDA at Rs 66.3 crore elevated by 160% YoY in Q3FY23 with margin rising 390 bps to fifteen.1% on enchancment in operational efficiencies.
Nuvoco Vistas Company: The cement firm has narrowed its loss to Rs 75.3 crore for December FY23 quarter, from lack of Rs 85.5 crore in identical interval final 12 months. Greater enter value, energy & gas bills, and freight & forwarding value impacted bottomline. Income for the quarter at Rs 2,605 crore grew by 20.3% over a year-ago interval with enhance in gross sales quantity by 6% and higher costs. On the working degree, EBITDA elevated by 18.2% YoY to Rs 268.3 crore however margin fell by 18 bps to 10.3% for the quarter.
Vakrangee: The Reserve Financial institution of India has supplied the renewal of authorization for the corporate and prolonged the validity of authorization issued to setup, personal and function the white label atms (WLA) in India until March 31, 2024. It has 6,283 white label ATMs by January 2023) and 77% of those retailers are in Tier 4 and 6 places.
Kirloskar Ferrous Industries: The corporate has introduced the commissioning of its second coke oven plant in Koppal, Karnataka. The plant has manufacturing capability of two lakh metric tonnes every year. After graduation of operations of mentioned plant, complete manufacturing capability of coke elevated to 4 lakh Metric Tonnes every year. Coke can be used primarily for captive consumption.
SJVN: The state-owned hydroelectric energy era firm has recorded revenue at Rs 287.42 crore for 3 months interval ended December FY23, up 22% YoY regardless of weak working efficiency and better finance value, primarily supported by different revenue. Income for the quarter at Rs 552 crore grew by half a p.c, however EBITDA fell 0.7% to Rs 380.56 crore and margin declined by 88 bps to 68.94% for the quarter YoY.
Tejas Networks: The networking gear maker has managed to slender its consolidated loss to Rs 10.9 crore for quarter ended December FY23, towards lack of Rs 24.3 crore led by wholesome topline and revenue at working degree. Income for the quarter at Rs 274.55 crore grew by 156% YoY. Firm reported EBITDA revenue of Rs 8 crore for the quarter towards EBITDA lack of Rs 28.3 crore in year-ago interval.
Motion Development Tools: The development gear producer has recorded a 70% year-on-year progress in consolidated revenue at Rs 46.5 crore for December FY23 quarter, pushed by wholesome topline and working efficiency. Income at Rs 556.33 crore for the quarter grew by 27.4% YoY. On the working degree, EBITDA jumped 57% YoY to Rs 61.86 crore and margin improved by 208 bps to 11.1% for the quarter.
Indo Depend Industries: The house textile mattress linen producer has recorded a 47% year-on-year decline in consolidated revenue at Rs 37.71 crore for quarter ended December FY23, impacted by weak topline and working efficiency. Income for the quarter at Rs 657.3 crore fell by 13% in comparison with year-ago interval. On the working degree, EBITDA dropped 36.67% YoY to Rs 73.35 crore and margin fell 410 bps to 11.2% for the quarter.
Monte Carlo Fashions: The retail clothes chain has reported consolidated revenue at Rs 86.3 crore for 3 months interval ended December FY23, rising 11.4% over a year-ago interval, partly hit by larger enter value. Income for the quarter at Rs 519.54 crore elevated by 12.5% YoY. On the working entrance, EBITDA grew by 14.5% YoY to Rs 130.12 crore and margin rose by 43 bps to 25.04% for the quarter.
Balaji Amines: The specialty chemical substances firm has registered a 30% year-on-year decline in consolidated revenue at Rs 62.6 crore for quarter ended December FY23, impacted by larger enter value. Income for the quarter at Rs 586 crore elevated by 3.7% over a year-ago interval. On the working entrance, EBITDA fell almost 18% YoY to Rs 128 crore and margin weakened by 567 bps to 21.8% for the quarter YoY.
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