BUSINESS
Indian economy is in for a couple of good years of earnings growth: Saurabh Mukherjea, Marcellus Investment
Mukherjea feels that the Indian economy is recovering nicely and the cost of credit in India continues to remain very low. Though the global economic conditions were a little choppy six months ago, but they're becoming fairly benign again.
BUSINESS
Grasim Industries Q1 results: Consolidated profit rises 14% to Rs 2,759 crore
The growth in revenue was fueled by higher volumes in its VSF (viscose staple fiber) business backed by better price realizations in both the VSF and chemicals businesses. The surge in raw material/input costs impacted the overall operating margins.
EARNINGS
Hero MotoCorp Q1 Results Preview: Higher volumes, marginal price increase may fuel 20% sequential growth in profit
The increase in volumes and marginal increase in prices may help the company achieve sequential growth in its top and bottom line.
BUSINESS
Syrma SGS Technology IPO opens today: Should you subscribe?
Brokerages are confident about the prospects of the company given its inherent strengths and the likely growth of the Indian electronic manufacturing services market.
BUSINESS
Grasim Industries Q1 Preview | Higher volumes, realisations in VSF and chemicals business to push PAT
Growth is driven by strong YoY increase in volumes of its VSF business and robust performance of the chemicals operations. Better realizations in both businesses also aided the YoY growth of the company.
BUSINESS
'One can back the new-age businesses that can survive on their own'
One way to assess the new-age companies would be that how much capital has been raised by the business and based on that capital how much top line have they generated.
BUSINESS
Tata Consumer Q1 Result| Consolidated profit rises 38% YoY to Rs 255 crore, revenue up 11%
Tata Consumer Q1 Result: The growth in revenue was driven by packaged beverages business, premium tea portfolio and India foods business
BUSINESS
Eicher Motors Q1 result | Consolidated net profit up 2.5 times YoY at Rs 611 crore; revenue jumps 72%
Eicher Motors Q1 result: The growth was driven by the export segment, an increase in volumes of Royal Enfield and higher average realisations, the company said
BUSINESS
Hindalco Q1 Results | Consolidated profit jumps 48%, revenue 40% on Novelis super show
The results were driven by an excellent performance by Novelis, and a robust performance by Aluminium Downstream and Copper businesses, supported by operational efficiencies and higher volumes.
BUSINESS
Eicher Motors Q1 results preview – Consolidated profit likely to surge 2.5 times on higher exports and low base of last year, revenues likely to grow 68%
Year-on-year growth driven by increase in exports segment, rise in volumes at Royal Enfield and higher average realisation.
BUSINESS
Tata Consumer Products Q1 Preview: Consolidated profit likely to rise 42.5% on low base, growth across businesses
Tata Consumer Products Q1 Preview: Increase in revenue in the India tea business, domestic foods business, growth in subsidiaries and international coffee business are expected to drive growth
BUSINESS
Bharti Airtel Q1 Result | Profit surges 5.5 times YoY to Rs 1,607 crore, revenue up 22%
Bharti Airtel Q1 Result: Average revenue per user, a key measure of performance in the telecom industry, came in at Rs 183 during the April-June period, up from Rs 146 in the year-ago quarter
BUSINESS
Adani Ports Q1 Result | Consolidated profit dips 16% YoY to Rs 1,072 crore; revenue remains flat; misses estimates
Adani Ports Q1 Result: The cargo and logistics business delivered strong performance even as the company’s SEZ business witnessed a decline in its revenues to the tune of Rs 725 crore.
BUSINESS
Adani Ports Q1 Results Preview | Profit may grow 20% on higher volumes, but revenues to remain flat
The growth is aided by increase in volumes of coal, crude and containers across its existing ports and also because of consolidation of port volumes of Gangavaram port.
BUSINESS
Airtel Q1 Results Preview | Profit may surge 6.5-fold, revenue 21% on 3 million new users
Experts expect healthy revenue and EBITDA growth led by subscriber additions and ARPU improvement
BUSINESS
Taking Stock | Sensex, Nifty end the week in green after RBI's 50bps rate hike
The US non-farm payroll data for July due this evening could impact the trend of the US markets and in turn other markets.
BUSINESS
Titan profit surges 13 times in June quarter
All three verticals of jewellery, watches, and eyewear reported robust year on year and sequential growth aided by pent-up demand and strong footfall.
BUSINESS
Titan Q1 Result Preview | Standalone PAT likely to grow ~31% sequentially, revenue by 12%
The year-on-year growth is likely to be driven by robust growth across its three main business segments of jewellery, watches and eyewear, with experts expecting all three lines to more than double revenues from last year.
BUSINESS
Britannia Q1 Result | Consolidated profit slips 14% to Rs 336 crore, misses estimates
The profitability was impacted as certain commodities, relevant to bakery business, such as Wheat & Industrial fuel witnessed steep sequential inflation during the quarter ranging between 15 and 20%
BUSINESS
Dabur India Q1 Result | Consolidated profit rises 50% QoQ as revenue grows 12%
Growth in revenue was aided by robust 180 percent YoY growth in its retails business and a strong double digit growth in its food and other businesses.
BUSINESS
Big bull Rakesh Jhunjhunwala trims stake in 10 stocks, adds one name to portfolio: Find out details
The recent rally in metals, real estate and media stocks had led to some overvaluation, feel experts. Sectors like metals might remain under pressure for the near term due to global constraints.
BUSINESS
Vodafone Idea Q1 Result | Consolidated loss dips marginally on year to Rs 7,297 crore
The bottomline continued to be impacted by the rise in finance costs and higher expenses related to roaming and access charges, as well as increase in marketing, content, customer acquisition and service costs.
BUSINESS
Britannia Q1 Preview | Consolidated profit may jump 5% YoY, revenue 12%
Britannia Q1 Preview | The growth in revenue is expected to come from a flat to mid-single digit increase in the volumes coupled with double-digit price hikes undertaken by the confectioner in the June quarter
BUSINESS
Sundram Fasteners Q1 Result | Consolidated profit rises 14.6% YoY to Rs 138 crore; revenue jumps 27% to Rs 1,410 crore
The savings in its employee costs and other expenses helped improve the profitability
