Coal India Q3 Profit Rises, Steel Authority Of India Revenue Down — Earnings Wrap

Coal India Q3 FY24 (Consolidated, YoY)

• Revenue up 2.79% at Rs 36,154 crore vs Rs 35,169.3 crore (Bloomberg estimate: Rs 35,651.70 crore).

• Ebitda up 9.47% at Rs 11,373.12 crore vs Rs 10,388.73 crore (Bloomberg estimate: Rs 9,873.90 crore).

• Margin expands 191 bps to 31.45% vs 29.53% (Bloomberg estimate: 27.70%).

• Net profit up 17.8% at Rs 9,093.69 crore vs Rs 7,719.11 crore (Bloomberg estimate: Rs 7,740 crore).

• Board declares second interim dividend of Rs 5.25 per share.

GSK Pharma Q3 FY24 (Consolidated, YoY)

• Revenue up 0.36% at Rs 805.26 crore vs Rs 802.3 crore (Bloomberg estimate: Rs 970 crore).

• Ebitda down 4.66% at Rs 218.06 crore vs Rs 228.7 crore. (Bloomberg estimate: Rs 126.2 crore).

• Margin narrows 142 bps to 27.07% vs 28.5% (Bloomberg estimate: 13%).

• Net profit down 72.21% at Rs 45.72 crore vs Rs 164.56 crore (Bloomberg estimate: Rs 78.6 crore).

Steel Authority Of India Q3 FY24 (Consolidated, YoY)

• Revenue down 6.77% at Rs 23,348.6 crore vs Rs 25,042.1 crore.

• Ebitda up 3.07% at Rs 2,142.5 crore vs Rs 2,078.6 crore.

• Margin expands 87 bps to 9.17% vs 8.3%.

• Net profit down 21.99% at Rs 422.92 crore vs Rs 542.18 crore.

• Board declares interim dividend of Re 1 per share.

Skipper Q3 FY24 (Consolidated, YoY)

• Revenue up 80.17% at Rs 801.6 crore vs Rs 444.9 crore.

• Ebitda up 69.86% at Rs 77.1 crore vs Rs 45.39 crore.

• Margin narrows 58 bps to 9.61% vs 10.2%.

• Net profit up 115.56% at Rs 20.5 crore vs Rs 9.51 crore.

Kirloskar Oil Engines Q3 FY24 (Consolidated, YoY)

• Revenue up 13.9% at Rs 1,390.1 crore vs Rs 1,220.44 crore.

• Ebitda up 33.3% at Rs 256.65 crore vs Rs 192.53 crore.

• Margin expands 268 bps to 18.46% vs 15.77%.

• Net profit up 1.4% at Rs 89.39 crore vs Rs 88.15 crore.

Dilip Buildcon Q3 FY24 (Consolidated, YoY)

• Revenue up 23.87% at Rs 2,876.84 crore vs Rs 2,322.44 crore.

• Ebitda up 127.12% at Rs 357.04 crore vs Rs 157.2 crore.

• Margin expands 564 bps to 12.41% vs 6.76%.

• Net profit up 2.38% at Rs 112.87 crore vs Rs 110.24 crore.

Ashiana Housing Q3 FY24 (Consolidated, YoY)

• Revenue up 44.23% at Rs 184.12 crore vs Rs 127.65 crore.

• Ebitda up 305.63% at Rs 32.37 crore vs Rs 7.98 crore.

• Margin expands 1,132 bps to 17.58% vs 6.25%.

• Net profit up 207.18% at Rs 27.8 crore vs Rs 9.05 crore.

HEG Q3 FY24 (Consolidated, YoY)

• Revenue up 6.05% at Rs 562.4 crore vs Rs 530.27 crore (Bloomberg estimate: Rs 558.8 crore).

• Ebitda down 34.42% at Rs 86.64 crore vs Rs 132.12 crore (Bloomberg estimate: Rs 110.4 crore).

• Margin narrows 951 bps to 15.4% vs 24.91% (Bloomberg estimate: 19.70%).

• Net profit down 58.28% at Rs 43.67 crore vs Rs 104.69 crore (Bloomberg estimate: Rs 87.5 crore).

JM Financial Q3 FY24 (Consolidated, YoY)

• Total income up 33.27% at Rs 1,261 crore vs Rs 946.1 crore.

• Net profit up 34.16% at Rs 322.4 crore vs Rs 240.3 crore.

Lakshmi Machine Works Q3 FY24 (Consolidated, YoY)

• Revenue down 0.63% at Rs 1,213.97 crore vs Rs 1,221.58 crore (Bloomberg estimate: Rs 1,298.30 crore).

• Ebitda down 5.83% at Rs 117.86 crore vs Rs 125.16 crore (Bloomberg estimate: Rs 136.3 crore).

• Margin at 9.7% vs 10.24%, narrows 53 bps (Bloomberg estimate: 10.50%).

• Net profit down 12.58% at Rs 98.77 crore vs Rs 112.99 crore (Bloomberg estimate: Rs 110.2 crore).

Bannari Amman Sugars Q3 FY24 (Consolidated, YoY)

• Revenue down 17.62% at Rs 768.2 crore vs Rs 932.4 crore.

• Ebitda up 22.11% at Rs 119.51 crore vs Rs 97.87 crore.

• Margin expands 506 bps to 15.55% vs 10.49%.

• Net profit up 66.63% at Rs 68.07 crore vs Rs 40.85 crore.

Elgi Equipments Q3 FY24 (Consolidated, YoY)

• Revenue up 6.39% at Rs 821.83 crore vs Rs 772.4 crore (Bloomberg estimate: Rs 839 crore).

• Ebitda up 13.11% at Rs 129.53 crore vs Rs 114.51 crore (Bloomberg estimate: Rs 140 crore).

• Margin expands 93 bps to 15.76% vs 14.82% (Bloomberg estimate: 16.70%).

• Net profit up 4.77% at Rs 83.88 crore vs Rs 80.06 crore (Bloomberg estimate: Rs 99.8 crore).

 Galaxy Surfactants Q3 FY24 (Consolidated, YoY)

• Revenue down 13.33% at Rs 940.49 crore vs Rs 1,085.12 crore (Bloomberg estimate: Rs 970 crore).

• Ebitda down 26.98% at Rs 112.49 crore vs Rs 154.06 crore (Bloomberg estimate: Rs 126.2 crore).

• Margin narrows 223 bps to 11.96% vs 14.19% (Bloomberg estimate: 13%).

• Net profit down 32.8% at Rs 71.37 crore vs Rs 106.21 crore (Bloomberg estimate: Rs 78.6 crore).

GR Infraprojects Q3 FY24 (Consolidated, YoY)

• Revenue down 2.64% at Rs 2,134.01 crore vs Rs 2,191.87 crore.

• Ebitda down 14.66% at Rs 507.59 crore vs Rs 594.84 crore.

• Margin narrows 335 bps to 23.78% vs 27.13%.

• Net profit down 24.95% at Rs 242.87 crore vs Rs 323.65 crore.

The Phoenix Mills Q3 FY24 (Consolidated, YoY)

• Revenue up 44.19% at Rs 986.09 crore vs Rs 683.85 crore (Bloomberg estimate: Rs 936.7 crore).

• Ebitda up 43.51% at Rs 551.81 crore vs Rs 384.49 crore (Bloomberg estimate: Rs 533.5 crore).

• Margin narrows 26 bps to 55.95% vs 56.22% (Bloomberg estimate: 57%).

• Net profit up 61.96% at Rs 343.99 crore vs Rs 212.39 crore (Bloomberg estimate: Rs 261.8 crore).

• CFO Anuraag Srivastava resigns effective March 18.

Optiemus Infracom Q3 FY24 (Consolidated, YoY)

• Revenue up 47.45% at Rs 481.7 crore vs Rs 326.68 crore.

• Ebitda up 41.54% at Rs 22.86 crore vs Rs 16.15 crore.

• Margin narrows 19 bps to 4.74% vs 4.94%.

• Net profit up 42.56% at Rs 17.92 crore vs Rs 12.57 crore.

Time Technoplast Q3 FY24 (Consolidated, YoY)

• Revenue up 17.37% at Rs 1,324.65 crore vs Rs 1,128.61 crore.

• Ebitda up 26.29% at Rs 190.57 crore vs Rs 150.89 crore.

• Margin expands 101 bps to 14.38% vs 13.36%.

• Net profit up 48.66% at Rs 93.11 crore vs Rs 62.63 crore.

Repco Home Finance Q3 FY24 (YoY)

• Total income up 18.8% at Rs 393.2 crore vs Rs 330.9 crore.

• Net profit up 23.1% at Rs 99.44 crore vs Rs 80.76 crore.