Prestige Estates Q3 Profit Falls, IRCTC Revenue Rises — Earnings Wrap

Prestige Estates Q3 FY24 Results (Consolidated, YoY)

• Revenue down 22.5% to Rs 1,796 crore (Bloomberg estimate: Rs 2,548 crore).

• Ebitda down 4% to Rs 551.5 crore (Bloomberg estimate: Rs 717 crore).

• Margin at 30.7% vs 24.7% (Bloomberg estimate: 28%).

• Net profit down 2% at Rs 164.7 crore (Bloomberg estimate: Rs 269 crore).

IRCTC Q3 FY24 (Consolidated, YoY)

• Revenue up 21.81% at Rs 1,118.3 crore vs Rs 918.06 crore (Bloomberg estimate: Rs 1,069.78 crore).

• Ebitda up 20.92% at Rs 393.97 crore vs Rs 325.8 crore (Bloomberg estimate: Rs 377.03 crore).

• Margin narrows 25 bps to 35.22% vs 35.48% (Bloomberg estimate: 35.20%).

• Net profit up 17.4% at Rs 299.99 crore vs Rs 255.52 crore (Bloomberg estimate: Rs 302.57 crore).

Eris Life Q3 FY24 (Consolidated, YoY)

• Revenue up 14.9% at Rs 486.3 crore vs Rs 423.3 crore (Bloomberg estimate: Rs 493.28 crore).

• Ebitda up 27.8% at Rs 175.5 crore vs Rs 137.3 crore (Bloomberg estimate: Rs 174.68 crore).

• Margin expands 365 bps to 36.08% vs 32.43% (Bloomberg estimate: 35.40%).

• Net profit up 1.3% at Rs 101.5 crore vs Rs 100.2 crore (Bloomberg estimate: Rs 103.03 crore).

• Board approved acquisition of 51% stake in pharma company Swiss Parenterals for Rs 637.5 crore.

MTAR Technologies Q3 FY24 (Consolidated, YoY)

• Revenue down 26.1% at Rs 118.4 crore vs Rs 160.2 crore (Bloomberg estimate: Rs 148.25 crore).

• Ebitda down 47.06% at Rs 23.86 crore vs Rs 45.07 crore.

• Margin narrows 798 bps to 20.15% vs 28.13%.

• Net profit down 66.87% at Rs 10.4 crore vs Rs 31.4 crore (Bloomberg estimate: Rs 21.05 crore).

RHI Magnesia India Q3 FY24 (Consolidated, YoY)

• Revenue up 43.12% at Rs 922.9 crore vs Rs 644.8 crore.

• Ebitda up 26.69% at Rs 116.75 crore vs Rs 92.15 crore.

• Margin narrows 164 bps to 12.65% vs 14.29%.

• Net profit down 32.89% at Rs 39.38 crore vs Rs 58.68 crore.

NBCC (India) Q3 FY24 (Consolidated, YoY)

• Revenue up 12.96% at Rs 2,412.6 crore vs Rs 2,135.8 crore.

• Ebitda up 23.22% at Rs 117.32 crore vs Rs 95.21 crore.

• Margin expands 40 bps to 4.86% vs 4.45%.

• Net profit up 58.9% at Rs 113.6 crore vs Rs 71.49 crore.

HLE Glascoat Q3 FY24 (Consolidated, YoY)

• Revenue up 11.71% at Rs 239.3 crore vs Rs 214.2 crore.

• Ebitda down 4.3% at Rs 24.67 crore vs Rs 25.78 crore.

• Margin narrows 172 bps to 10.3% vs 12.03%.

• Net profit down 51.34% at Rs 5.97 crore vs Rs 12.27 crore.

Rashtriya Chemicals and Fertilizers Q3 FY24 (Consolidated, YoY)

• Revenue down 21.36% at Rs 4,903.52 crore vs Rs 6,235.14 crore.

• Ebitda down 80.82% at Rs 84.09 crore vs Rs 438.31 crore.

• Margin narrows 531 bps to 1.71% vs 7.02%.

• Net profit down 95.42% at Rs 11.22 crore vs Rs 245.2 crore.

Oil India Q3 FY24 (Consolidated, YoY)

• Revenue up 3.16% at Rs 9,614.28 crore vs Rs 9,299.03 crore.

• Ebitda down 17.57% at Rs 3,443.23 crore vs Rs 4,176.8 crore.

• Margin narrows 910 bps to 35.81% vs 44.91%.

• Net profit up 3.12% at Rs 2,607.7 crore vs Rs 2,528.6 crore.

Hindustan Copper Q3 FY24 (Consolidated, YoY)

• Revenue down 28.32% at Rs 399.3 crore vs Rs 557 crore.

• Ebitda down 6.42% at Rs 106.61 crore vs Rs 113.93 crore.

• Margin expands 624 bps to 26.69% vs 20.45%.

• Net profit down 21.44% at Rs 63 crore vs Rs 80.2 crore.

Innova Captab Q3 FY24 (Consolidated, YoY)

• Revenue up 24.98% at Rs 302.48 crore vs Rs 242.01 crore.

• Ebitda up 30.34% at Rs 44.59 crore vs Rs 34.21 crore.

• Margin expands 60 bps to 14.74% vs 14.13%.

• Net profit up 28.34% at Rs 25.13 crore vs Rs 19.58 crore.

Ahluwalia Contracts Q3 FY24 (Consolidated, YoY)

• Revenue up 38.1% at Rs 1,026.5 crore vs Rs 743.3 crore (Bloomberg estimate: Rs 904.70 crore).

• Ebitda up 56.46% at Rs 111.87 crore vs Rs 71.5 crore (Bloomberg estimate: Rs 97 crore).

• Margin expands 127 bps to 10.89% vs 9.61% (Bloomberg estimate: 10.70%).

• Net profit up 56.29% at Rs 70.24 crore vs Rs 44.94 crore (Bloomberg estimate: Rs 60.50 crore).

Indiabulls Real Estate Q3 FY24 (Consolidated, YoY)

• Revenue down 24.37% at Rs 100.6 crore vs Rs 133 crore.

• Ebitda loss at Rs 33.1 crore vs loss of Rs 245.4 crore.

• Net loss at Rs 38.5 crore vs loss of Rs 236.8 crore.

Nuvama Wealth Management Q3 FY24 (Consolidated, YoY)

• Revenue up 104.78% at Rs 186.5 crore vs Rs 91.07 crore.

• Net profit at Rs 30.97 crore vs loss of Rs 5.78 crore.

Sula Vineyards Q3 FY24 (Consolidated, YoY)

• Revenue up 4.01% at Rs 203 crore vs Rs 190.61 crore.

• Ebitda up 12.2% at Rs 71.81 crore vs Rs 64 crore.

• Margin expands 179 bps to 35.37% vs 33.57%.

• Net profit up 9.41% at Rs 42.98 crore vs Rs 39.28 crore.

Zee Entertainment Enterprises (Consolidated, QoQ)

• Revenue down 16.25% at Rs 2,045.67 crore vs Rs 2,442.47 crore (Bloomberg estimate: Rs 2,087.26 crore).

• Ebitda down 38.01% at Rs 209.17 crore vs Rs 337.43 crore (Bloomberg estimate: Rs 208.95 crore).

• Margin narrows 359 bps to 10.22% vs 13.81% (Bloomberg estimate: 10%).

• Net profit down 52.42% at Rs 58.5 crore vs Rs 122.96 crore (Bloomberg estimate: Rs 90.54 crore).

• Board continues to monitor progress on Zee-Sony merger.

• Claims against company, termination fee not tenable, it said.

Bengal & Assam Co. Q3 FY24 (India) (Consolidated, YoY)

• Total income down 13.62% at Rs 3,795.26 crore vs Rs 4,393.38 crore.

• Net profit at Rs 3,062.21 crore vs Rs 437 crore.

Dynamatic Technologies Q3 FY24 (Consolidated, YoY)

• Revenue up 10.31% at Rs 345.51 crore vs Rs 313.21 crore.

• Ebitda down 3.02% at Rs 40.69 crore vs Rs 41.96 crore.

• Margin narrows 161 bps to 11.77% vs 13.39%.

• Net profit up 60.11% at Rs 11.24 crore vs Rs 7.02 crore.

Garden Reach Shipbuilders & Engineers Q3 FY24 (Consolidated, YoY)

• Revenue up 32.13% at Rs 923.09 crore vs Rs 698.6 crore (Bloomberg estimate: Rs 960.95 crore).

• Ebitda up 3.94% at Rs 48.7 crore vs Rs 46.85 crore (Bloomberg estimate: Rs 64.85 crore).

• Margin narrows 143 bps to 5.27% vs 6.7% (Bloomberg estimate: 6.70%).

• Net profit up 38.06% at Rs 88.25 crore vs Rs 63.92 crore (Bloomberg estimate: Rs 89.10 crore).

Jindal Worldwide Q3 FY24 (Consolidated, YoY)

• Revenue up 8.41% at Rs 437.76 crore vs Rs 403.77 crore.

• Ebitda up 17.82% at Rs 50.63 crore vs Rs 42.97 crore.

• Margin expands 92 bps to 11.56% vs 10.64%.

• Net profit up 42.41% at Rs 21.02 crore vs Rs 14.76 crore.

La Opala Q3 FY24 (Consolidated, YoY)

• Revenue down 15.22% at Rs 107.14 crore vs Rs 126.37 crore.

• Ebitda down 12.14% at Rs 40.63 crore vs Rs 46.24 crore.

• Margin expands 133 bps to 37.92% vs 36.59%.

• Net profit up 27.45% at Rs 44.15 crore vs Rs 34.64 crore.

Deepak Nitrite Q3 FY24 (Consolidated, YoY)

• Revenue up 0.91% at Rs 2,009.23 crore vs Rs 1,991.06 crore (Bloomberg estimate: Rs 1,862.89 crore).

• Ebitda down 3.16% at Rs 304.65 crore vs Rs 314.59 crore (Bloomberg estimate: Rs 328.20 crore).

• Margin narrows 63 bps to 15.16% vs 15.8% (Bloomberg estimate: 17.60%).

• Net profit down 3.34% at Rs 202.05 crore vs Rs 209.05 crore (Bloomberg estimate: Rs 220.04 crore).

SEPC Q3 FY24 (Consolidated, YoY)

• Revenue up 14.9% at Rs 140.7 crore vs Rs 122.45 crore.

• Ebitda loss of Rs 1.86 crore vs profit of Rs 13.78 crore.

• Net profit up 42.15% at Rs 5.53 crore vs Rs 3.89 crore.

Tasty Bite Eatables Q3 FY24 (Consolidated, YoY)

• Revenue up 25.82% at Rs 132.37 crore vs Rs 105.2 crore.

• Ebitda up 15.8% at Rs 12.75 crore vs Rs 11.01 crore.

• Margin narrows 83 bps to 9.63% vs 10.46%.

• Net profit up 65.78% at Rs 6.25 crore vs Rs 3.77 crore.

Techno Electric & Engineering Co. Q3 FY24 (Consolidated, YoY)

• Revenue up 76.26% at Rs 326.54 crore vs Rs 185.26 crore.

• Ebitda up 141.24% at Rs 56.33 crore vs Rs 23.35 crore.

• Margin expands 464 bps to 17.25% vs 12.6%.

• Net profit up 191.28% at Rs 91.87 crore vs Rs 31.54 crore.

Technocraft Industries Q3 FY24 (Consolidated, YoY)

• Revenue up 4.83% at Rs 512.67 crore vs Rs 489.01 crore.

• Ebitda down 25.93% at Rs 81.97 crore vs Rs 110.67 crore.

• Margin narrows 664 bps to 15.98% vs 22.63%.

• Net profit down 29.45% at Rs 61.57 crore vs Rs 87.28 crore.

Nalco Q3 FY24 (Consolidated, YoY)

• Revenue up 1.5% at Rs 3,346.9 crore vs Rs 3,297.19 crore.

• Ebitda up 66.06% at Rs 773.13 crore vs Rs 465.57 crore.

• Margin expands 897 bps to 23.09% vs 14.12%.

• Net profit up 83.6% at Rs 470.61 crore vs Rs 256.32 crore.

Tide Water Oil (India) Q3 FY24 (Consolidated, YoY)

• Revenue down 0.13% at Rs 496.45 crore vs Rs 497.07 crore.

• Ebitda up 23.39% at Rs 41.61 crore vs Rs 33.72 crore.

• Margin expands 159 bps to 8.38% vs 6.78%.

• Net profit up 29.32% at Rs 33.56 crore vs Rs 25.95 crore.

Sequent Scientific Q3 FY24 (Consolidated, YoY)

• Revenue down 12.25% at Rs 329.35 crore vs Rs 375.31 crore.

• Ebitda up 115.91% at Rs 22.11 crore vs Rs 10.24 crore.

• Margin expands 398 bps to 6.71% vs 2.72%.

• Net profit at Rs 10.67 crore vs loss of Rs 9.77 crore.

Nesco Q3 FY24 (Consolidated, YoY)

• Revenue up 24.45% at Rs 177.76 crore vs Rs 142.83 crore.

• Ebitda up 38.81% at Rs 113.62 crore vs Rs 81.85 crore.

• Margin expands 661 bps to 63.91% vs 57.3%.

• Net profit up 33.76% at Rs 93.74 crore vs Rs 70.08 crore.

Senco Gold Q3 FY24 (YoY)

• Revenue up 22.81% at Rs 1,651.24 crore vs Rs 1,344.47 crore.

• Ebitda up 12.23% at Rs 182.79 crore vs Rs 162.87 crore.

• Margin narrows 104 bps to 11.06% vs 12.11%.

• Net profit up 7.21% at Rs 111.43 crore vs Rs 103.93 crore.