Results today: Ashok Leyland, Shree Cements, Bharat Forge, Voltas, Nagarjuna Fertilizers, Umang Dairies, Navneet Education, Future Consumer, Snowman Logistics, Hinduja Global Solutions, Crest Ventures, Thermax, Bombay Dyeing, Elecon Engineering, JITF Infralogistics, Nagarjuna Oil Refinery, Parsvnath Developers, Arvind, Jindal Drilling, Greenply Industries, Vardhman Textiles, IRB Infrastructure Developers, Triveni Turbine, Oriental Bank of Commerce, Steel Strips Wheels, Welspun India, Trigyn Technologies, Gujarat Alkalies, TTK Healthcare, VA Tech Wabag, Pidilite Industries, Brigade Enterprises, United Breweries, Maharashtra Seamless, Petronet LNG, Gujarat State Fertilizers, Take Solutions, Ingersoll Rand (India), Rain Industries, Aban Offshore, Mindteck (India), Mahanagar Gas, CESC, Balkrishna Industries, KRBL, EID Parry India, Gujarat Narmada Valley Fertilizers and Chemicals, Triveni Engineering, MAS Financial Services, Khaitan Electricals, La Opala RG, Meghmani Organics, JK Lakshmi Cement, IZMO, Nitco, Chennai Petroleum Corporation, Ramky Infrastructure, Gujarat Ambuja Exports, Electrosteel Castings, Indo Thai Securities, Cupid, PNB Gilts, ITD Cementation, Tainwala Chemical, Gandhi Special Tubes, Vinyl Chemicals, Zodiac JRD- MKJ, Harita Seating Systems, Indian Energy Exchange, Muthoot Finance, Asahi India Glass, Future Market Networks, City Union Bank, New Delhi Television, Kokuyo Camlin
-Net profit down 16.6 percent at Rs 160.4 crore versus Rs 192.4 crore (YoY)
-Revenue down 1.5 percent at Rs 830 crore versus Rs 842.3 crore (YoY)
Vinati Organic Q2 YoY
-Margins under pressure due to weak gross margins
-Revenue up 15 percent at Rs 160.7 crore
-Gross margins at 52.5 percent versus 57.8 percent
-Margins at 28.6 percent versus 32.9 percent
-PAT down 5 percent at Rs 29.14 crore
DCM Shriram Q2
-Total income up 11 percent at Rs 1,604.7 crore YoY (down 22 percent QoQ)
-EBIDTA up 139 percent YoY (down 12 percent QoQ)
-Margins at 18.1 percent versus 8.4 percent (versus 16 percent in Q1)
-PAT up 88 percent at Rs 172 crore (down 26 percent QoQ)
-Total income up 22 percent at Rs 802.1 crore YoY (down 6 percent QoQ)
-EBIDTA up 15 percent at Rs 121 crore YoY (down 14 percent QoQ)
-Margins at 15.2 percent versus 16 percent (versus 16.7 percent in Q1)
-PAT up 65 percent at Rs 60.5 crore (down 3 percent QoQ)
-1HFY18 PAT at Rs 174 crore versus Rs 108 crore
Huhtamaki PPL Q2 numbers bounce back after poor Q1 YoY
-Operational income adjusted for excise down 2 percent at Rs 546.4 crore
-EBIDTA up 15 percent YoY at Rs 63.8 crore
-Margins at 11.7 percent versus 9.9 percent
-PAT up 16 percent at Rs 19.13 crore (Q1 PAT was Rs 7.2 crore)
RSWM Q2 YoY
-Revenue down 8 percent at Rs 686 crore
-EBITDA down 47 percent at Rs 49 crore
-Margins down 520 bps at 7.1 percent
-Loss at Rs 2.9 crore versus PAT of Rs 26.9 crore
Polaris Consulting Q2 strong YoY
-Revenue up 21 percent at Rs 671 crore
-EBITDA up 70 percent at Rs 108 crore
-Margins up 800 bps at 16.2 percent
-PAT up 140 percent at Rs 72.3 crore
Filatex India Q2 YoY
-Revenue up 8 percent at Rs 414 crore
-EBITDA up 4 percent at Rs 35.6 crore
-Margins down 40 bps at 8.6 percent versus 9 percent
-PAT up 14 percent at Rs 13.5 crore
Ballarpur Industries Q2 YoY
-Revenue up 39 percent at Rs 583 crore
-EBITDA profit at Rs 28.7 crore versus loss of Rs 170 crore
-Loss at Rs 325 crore versus Rs 624 crore
Jindal Saw Q2 YoY
-Revenue down 1 percent at Rs 1,321 crore
-EBITDA up 6 percent at Rs 218.6 crore
-Margins up 100bps at 16.5 percent
-PAT up 28 percent at Rs 60 crore
Essel Propack Q2 YoY
-Revenue up 12 percent at Rs 641.3 crore
-EBITDA up 19 percent at Rs 134 crore
-Margins up 140 bps at 20.9 percent
-PAT down 26 percent at Rs 52.9 crore
Liberty Shoes Q2 YoY
-Revenue up 16 percent at Rs 125 crore versus Rs 107 crore
-EBITDA down 10 percent at Rs 8.2 crore
-Margins down 190 bps at 6.6 percent
-PAT down 35 percent at Rs 1.1 crore
Himatsingka Seide Q2 YoY
-Revenue up 10 percent at Rs 578 crore
-EBITDA up 10 percent at Rs 99.5 crore
-Margins at 17.2 percent versus 17.3 percent
-PAT up 10 percent at Rs 50.5 crore
-Net loss at Rs 118.9 crore versus Rs 193.9 crore (YoY)
-Revenue at Rs 79.7 crore versus Rs 135.4 crore (YoY)
Tata Coffee Q2
-Net profit down 21.3 percent at Rs 35.1 crore versus Rs 44.6 crore (YoY)
-Revenue up 4 percent at Rs 382.2 crore versus Rs 367.4 crore (YoY)
HFCL Q2
-Net profit at Rs 25.2 crore versus Rs 24.9 crore (YoY)
-Revenue at Rs 663.7 crore versus Rs 470.3 crore (YoY)
Majesco Q2
-Consolidated net profit at Rs 10.7 crore versus Rs 3.8 crore (YoY)
-Consolidated revenue down 5.4 percent at Rs 199.1 crore versus Rs 210.4 crore (YoY)
-Consolidated EBITDA down 69.1 percent at Rs 2.2 crore versus Rs 7.02 crore (YoY)
-Consolidated EBITDA margin at 1.2 percent versus 3.34 percent (YoY)
Monte Carlo Q2
-Net profit up 15.6 percent at Rs 15.6 crore versus Rs 13.5 crore (YoY)
-Revenue up 9.3 percent at Rs 137.7 crore versus Rs 126 crore (YoY)
-Net profit down 5 percent at Rs 10 crore versus Rs 10.5 crore (YoY)
-Revenue up 24.8 percent at Rs 70.2 crore versus Rs 56.2 crore (YoY)
-EBITDA down 0.9 percent at Rs 9.88 crore versus Rs 9.97 crore (YoY)
-EBITDA margin at 14.1 percent versus 17.7 percent (YoY)
HCG Q2
-Consolidated net profit at Rs 9.8 crore versus Rs 4.9 crore (YoY)
-Consolidated revenue up 21.3 percent at Rs 211.1 crore versus Rs 174 crore (YoY)
-Consolidated EBITDA up 22.3 percent at Rs 31.07 crore versus Rs 25.40 crore (YoY)
-Consolidated EBITDA margin at 14.7 percent versus 14.6 percent (YoY)
Kuantum Papers Q2 YoY
-Operational income adjusted for excise up 8 percent at Rs 170.7 crore
-EBIDTA up 25 percent YoY at Rs 34.2 crore
-Margins at 20.1 percent versus 18.3 percent
-PAT up 47 percent at Rs 15.7 crore
Taro Q2
-Net sales down 25.7 percent at USD 169.9 million versus USD 228.8 million (YoY)
-Operating income down 37.3 percent at USD 88.8 million versus USD 141.6 million (YoY)
-Net profit down 57.6 percent at USD 52.4 million versus USD 123.7 million (YoY)
-Operating margin at 52.3 percent versus 61.9 percent (YoY)
-Net profit up 25.5 percent at Rs 123 crore versus Rs 98 crore (QoQ)
-Revenue up 9.5 percent at Rs 900.6 crore versus Rs 822.6 crore (QoQ)
-EBITDA up 11.3 percent at Rs 141.5 crore versus Rs 127.5 crore (QoQ)
-EBITDA margin at 15.8 percent versus 15.5 percent (QoQ)
Lupin says
-No data integrity issues in the warning letter issued by US FDA
-Would look to complete remediation in 6 months; ask US FDA to re-inspect if needed
-Company introduces data rollover for its home broadband customers
-All unused data will get added to the next billing cycle
Government official on GST to CNBC-TV18
-Thinning out the 28 percent tax slab on agenda of GST council
-200 odd items exist in 28 percent slab right now, many have no reason to be there
-It is now time to take an 'easy reform' to thin out 28 percent bracket
-Ultimate goal of the government is to compress 12 percent & 18 percent in one bracket
-Luxury/sin goods only to be considered in the highest slab depending on rev neutrality
Other stocks and sectors that are in news today:-Mahindra Lifespace Developers to launch 2 industrial parks and invest close to Rs 600 crore
-Reliance Communications says renegotiating tower business sale with all interested parties, including Brookfield Infrastructure
-Akzo Nobel to sell speciality chemicals business to an affiliate for Rs 320 crore
-Titagarh Wagons plans to develop safety systems for Railways, forms JV with Italian company
-Idea Cellular, Reliance Industries in focus - 50 percent ceiling on spectrum holdings in a band may go: ET
-PNB to close or relocate up to 300 branches: BS
-NMDC mulls bidding for USD 9 billion mine: Reuters
-DCM Shriram to invest around Rs 500 crore in sugar business to increase overall capacity
-JSW Energy has successfully secured an order from Power Company of Karnataka (PCKL) for supply of 200 MW power on short term basis for the period from 8th November, 2017 to 31st May, 2018
-Axis Bank to hold board meeting on November 10 to consider raising capital
Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
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