Revenues rose 60 percent YoY to Rs 1,139 crore in Q2FY21, compared to Rs 713.8 crore last year.
In this edition of Ideas for Profit, Moneycontrol Sakshi Batra discusses the second-quarter performance of Axis Bank and why a valuation re-rating is likely
Among the business segments, Lloyd saw a 56 percent YoY growth in revenue to Rs 280 in Q2 FY21
Standalone revenue for the said quarter stood at Rs 65,912.49 crore, up from Rs 50,616.92 crore QoQ but down from Rs 75,056.63 crore YoY.
In Q2 FY21, Bharti Airtel continued its mojo on the back of tailwinds from the Covid-19 situation and the rising work-from-home culture
The bank said its net interest income (NII) grew 20 percent YoY to Rs 7,326 crore in Q2FY21 from Rs 6,102 crore in Q2FY20. The net interest margin (NIM) for Q2FY21 was 3.58 percent as against 3.51 percent for Q2FY20.
NII grew 7.3 percent YoY to Rs 932.1 crore in Q2FY21 against Rs 868.7 crore in the corresponding quarter of the previous financial year.
The company's standalone revenue came at Rs 4,318 crore against Rs 1,862 crore QoQ and Rs 4,435 crore YoY.
Polycab is well positioned to gain from premiumisation and economies of scale that will lead to significant margin expansion and improved profitability
Ambuja Cements' cost structure is expected to improve while strength in the commercial construction market as well as government-backed infrastructure spending will aid the overall growth in the next 3-6 months
While Tata Motors' numbers have improved, they are yet to touch pre-pandemic levels
Consolidated EBITDA margin expanded to 16.2 percent in Q2 FY21 from 9.3 percent in the year-ago period
The company's consolidated revenue came at Rs 25,785 crore for the quarter ended September 30, 2020, which beat estimates.
In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra lists the key takeaways from the bank's second quarter performance and what makes it a must-own stock.
The September quarter earnings of India Inc so far have been broadly on expected lines. Sectoral heavyweights such as TCS, HDFC Bank and ACC have beaten market expectations.
Emkay says the company's India wireless revenues shall rise sequentially, boosted by a 43 lakh increase in data subscribers against the stable data subs in the last quarter.
HDFC Securities expects a loss of Rs 1,100 crore against a loss of Rs 2,100 crore and Rs 1,300 crore QoQ and YoY.
The company had reported a net profit of Rs 86 crore in the year-ago period.
All eyes are on US markets for updates on the stimulus package and upcoming presidential elections, Ajit Mishra, VP – Research, Religare Broking Ltd said.
The COVID-19 outbreak has given a boost to products in the ready-to-cook meals category and companies selling them have made most of it.
In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra delves deeper into the second quarter performance of Bajaj Auto, its outlook, and strategies investors should adopt going forward.
The gross margin of Asian Paints stands to benefit from structurally lower oil prices while the company’s pricing power offers downside protection should oil prices move higher
We continue to remain upbeat on Bajaj Auto as the company plans to roll out new products, increase its market share and capitalise on the opportunity thrown up by COVID-19
With economic activities gathering pace, the cyclical recovery in the cement sector seems under way. The stock of UltraTech trades at its highest levels since January 2020
Moneycontrol's Shraddha Sharma discusses how this FMCG major was able to report profits despite the COVID-19 crisis and the road ahead