Distillery segment expansion and higher crushing with better cane variety to drive margins growth and robust cash-flow generation
Non-banking finance company’s standalone PAT falls 29.64 percent on-year to Rs 629 crore during the quarter ending December.
The rural low-income housing segment with ticket sizes of Rs 8-15 lakh and borrower income of under Rs 3 lakh annually is the segment where the need for adequate housing is acute, said Subramanian.
The PAT of the Punjab National Bank fell over just over 44 percent on-year in the reporting quarter to Rs 628.88 crore.
The company reported a sharp rise in its consolidated PAT of 42 percent on-year to Rs 1,782 crore.
Strong volumes, significant margin improvement underline Q3 performance
Pidilite continues to focus on volume-led profitable growth. Higher raw material prices have impacted the profitability in the last 18 months which is now likely to change
Strong earnings in Q3 aided by robust growth in AUM; triple-pronged strategy to sustain growth
Lower provisions led to Q3 earnings growth but loan book growth muted and deposit trend weak
The bank may look at large corporates as well because pricing has turned better now.
The bank’s standalone profit after tax rose 62 percent year-on-year to Rs 5,853 crore for the quarter ending December.
JSW Steel is a play on volumes as nearly more than 6 million tonnes of incremental capacity is likely to be commissioned in the next one year.
Polycab India is currently focusing on expanding its distribution reach and changing its revenue mix to propel its earnings trajectory.
The private lender has reported an 80.7 percent on-year and 66.3 percent on-quarter drop in its profit after tax during the December quarter.
The bank’s standalone profit after tax rose 31 percent on-year to Rs 2,792 crore in the December quarter.
While the B2B business of Havells is on a strong footing, consumer demand has slackened
Volume growth will be under stress going forward, as people cut down on their stay at home and competition increases