BUSINESS
NTPC Q3 Results Preview: Revenue expected to increase 10-15%, PAT likely to grow 22-25%
Experts suggest that it would be important to watch out for an update on renewables; progress of under-construction projects and commissioning schedule; and guidance for FY22, if any.
BUSINESS
Britannia Q3 Result | Net profit declines 19% to Rs 371 crore on higher costs, tepid demand
“We delivered a high single digit volume growth significantly ahead of the market and a resilient double-digit top-line growth of 13%, driven by superlative performance across Divisions and Channels", said Varun Berry, Managing Director.
BUSINESS
Taking Stock | Market ends a volatile day on a flat note; Sensex down 76 points, Nifty holds 17,100
History suggests that in seven out of the last 10 years, Indian indices have delivered negative returns or remained range-bound in the week preceding the Budget and 2022 was no different.
BUSINESS
Vedanta Q3 Results Preview: Net profit likely to rise 30-45%, revenue 38-50%
The sequential increase in EBITDA is mainly led by higher EBITDA at Zinc India and oil and gas operations, partially offset by lower earnings in the aluminum division, said Kotak Institutional Equities
BUSINESS
Dr Reddy’s Q3 Preview | Revenue expected to increase 10-15%, PAT likely to grow 22-25%
ICICI Securities expects the India business to grow 10 percent YoY and that in the US by 12.8 percent QoQ led by new launches. It also foresees Russia, CIS & ROW (Rest of World) to show steady growth
BUSINESS
Britannia Q3 Results Preview: Higher costs of agri-commodities, packaging, lower consumption may weigh on earnings
Revenues for December quarter likely to increase 7-11 percent and net profit may decline 14-20 percent, say analysts
BUSINESS
Adani Wilmar IPO opens – Should you subscribe?
Brokerages are quite optimistic about the company and have assigned a positive rating to the issue
BUSINESS
Cipla Q3 results | Profit falls 2.6% YoY to Rs 729 crore, revenue grows to Rs 5,479 crore
A lower contribution from COVID-related drugs dented the performance in the domestic market but a healthy growth in overseas markets provided the much-needed cushion.
BUSINESS
Maruti Suzuki Q3 Results | Standalone Profit falls 48%, revenue stays flat at Rs 23,246 crore
The key reasons for margin movement were adverse commodity prices, lower sales volume due to electronic component shortage, and lower non-operating income, says the company
BUSINESS
Why EPFR’s Brandt thinks China is a safe bet while investors will likely be cautious on India this quarter
"India is highly geared towards international energy prices and with the current geo-political developments pushing the oil prices up, the interest rate picture is likely to be less accommodative towards most emerging markets"
BUSINESS
Maruti Suzuki Q3 results preview – A better quarter sequentially, but not completely out of the rut
India’s automobile industry still faces supply-side challenges and higher input costs, which will negate the impact of price increases, experts said
BUSINESS
Cipla Q3 Results Preview | Decline in domestic business likely to impact profitability
A growth of 2-3 percent is seen in revenue but profit is expected to decline 7-12 percent on-year.
BUSINESS
RIL Q3 Result | Profit climbs 42% YoY to Rs 18,549 crore, revenue grows to Rs 1,91,271 crore
Reliance has posted best-ever quarterly performance in 3Q FY22 with strong contribution from all our businesses, said, Mukesh D. Ambani, Chairman and Managing Director.
BUSINESS
Taking Stock | Market recovers but not enough, ends lower for the fourth day
For the week, too, the Sensex and the Nifty correct around 3 percent. The BSE smallcap index hit a new high during the week, outperforming the benchmarks
BUSINESS
JSW Steel Q3 results | Net profit rises 62.5% YoY to Rs 4,357 crore, revenue grows to Rs 38,071 crore
The cost of raw materials as percentage of operating revenues increased by 7 percent YoY and 9 percent QoQ, which impacted the operating margins.
BUSINESS
India poised for solid growth in 2022, bets top fund manager Prashant Jain
Structural growth drivers and supportive external environment bode well for India’s growth story, said Prashant Jain, Executive Director and Chief Investment Officer, HDFC AMC.
BUSINESS
RIL Q3 Results Preview: Double-digit earnings growth likely on strong show in refining, telecom, E&P and retail
Experts expect 12-16 percent growth in net profit on a 50-60 percent growth in consolidated revenues
BUSINESS
Asian Paints Q3 results | Profit rises 70 percent sequentially to Rs 1,016 crore, revenue grows to Rs 8,527 crore
Strong volume growth led by pent-up demand and higher realisation aided revenue growth as margins continue to remain under pressure due to higher raw material costs
BUSINESS
Asian Paints Q3 result preview: PAT may jump 70-100% from previous quarter
Strong revenue growth expected in domestic decorative paints business aided by market share gains, price increase and strong growth momentum in segments of waterproofing and wood finish, say analysts
BUSINESS
L&T Infotech Q3 results | Profit rises 18% to Rs 612 crore, revenue grows to Rs 4,138 crore
The company's dollar revenue came in at $553, up 29.3 percent YoY, while in constant currency, revenue grew 30.1 percent YoY.
BUSINESS
L&T Infotech Q3 preview: Profit may increase 15%, revenue may grow 30%
Apart from large deals, the addition of new logos and the scaling up of existing clients are the company’s growth levers. According to the company management, overall demand is reasonably strong and will compensate for shortfalls in large deal
BUSINESS
Network18 Q3 Results | Net profit jumps 54% QoQ to Rs 307 crore, revenue comes in at Rs 1,657 crore
"As we have seen over the last several years, content consumption is an integral part of consumers’ lives and there is a willingness to spend more time and money, provided they get access to quality content at an affordable price," said Chairman Adil Zainulbhai.
BUSINESS
TV18 Broadcast Q3 Results: Net profit jumps 35% sequentially to Rs 312 crore
We are building a strong and sustainable media franchise which not only delivers quality content to Indian audience but also value to the shareholders, said Chairman Adil Zainulbhai
BUSINESS
UltraTech Cement Q3 results | Profit rises to Rs 1,708 crore, beats estimates, revenue grows to Rs 12,985 crore
The company’s consolidated net sales in the December quarter were at Rs 12,710 crore, up 5 percent from Rs 12,144 crore in the year-ago period
