KEC International Q2 Highlights (Consolidated, YoY)
Revenue up 13.7% to Rs 5,113.31 crore versus Rs 4,499.03 crore.
Net profit up 53% to Rs 85.41 crore versus Rs 55.83 crore.
Ebitda up 17% to Rs 320.24 crore versus Rs 274.32 crore.
Margin at 6.3% versus 6.1%.
Raymond continued its growth momentum with consolidated quarterly revenue from Real Estate and Engineering business of Rs 1,101 Cr, reflecting a 115% increase compared to the same quarter of the previous financial year, and an Ebitda of Rs 172 crore with an Ebitda margin of 15.6%.
Source: Press Release
Tilaknagar Industries Q2 Highlights (Consolidated, YoY)
Revenue up 9.7% to Rs 374.85 crore versus Rs 354.39 crore.
Net profit up 57% to Rs 58.23 crore versus Rs 37.04 crore.
Ebitda up 39% to Rs 65.98 crore versus Rs 47.43 crore.
Margin at 17.6% versus 13.4%.
Raymond Q2 Highlights (Consolidated, YoY)
Revenue up 122.2% to Rs 1,044.74 crore versus Rs 470.08 crore.
Net profit down 63% to Rs 59.01 crore versus Rs 161.16 crore.
Ebitda up 108% to Rs 116.04 crore versus Rs 55.92 crore.
Margin at 11.1% versus 11.9%.
“Despite continuing market headwinds and subdued consumption, we saw some recovery in our growth trajectory through the quarter backed by focused execution of strategic initiatives. We are seeing strong validation of our premiumisation strategy across channels, with premium products showing robust growth and increased contribution to our revenue mix. Our Brand stories connected well with targeted audience," said Gunjan Shah, managing director and chief executive officer at Bata India.
Source: Press Release
Continued expansion with a network of 1955 (COCO and Franchise) stores.
48 stores renovated in this year, elevating customer experience with style and technology propositions.
Successful execution of portfolio casualization strategy – Sneaker Studio implemented in 756 stores.
Net Promoter Score improved to 80.
4 Exclusive Brand Outlets for Power, 136 EBOs for Hush Puppies, 14 Kiosk for Floatz.
Source: Press Statement
Bata India Q2 Highlights (Consolidated, YoY)
Revenue up 2.2% to Rs 837.14 crore versus Rs 819.12 crore.
Net profit up 53% to Rs 51.98 crore versus Rs 33.99 crore.
Ebitda down 4% to Rs 174.59 crore versus Rs 181.66 crore.
Margin at 20.9% versus 22.2%.
JK Paper Q2 Highlights (Consolidated, YoY)
Revenue up 2.0% to Rs 1,682.93 crore versus Rs 1,650.04 crore.
Net profit down 58% to Rs 128.85 crore versus Rs 305.68 crore.
Ebitda down 35% to Rs 263.60 crore versus Rs 407.28 crore.
Margin at 15.7% versus 24.7%.
NSE Q2 Highlights (Consolidated, YoY)
Reported profit rise of 57% at Rs 3,137 crore.
Reported total income rise of 25% at Rs 5,023 crore.
Amara Raja Energy & Mobility Q2 Highlights (Standalone, YoY)
Revenue up 11.6% to Rs 3,135.83 crore versus Rs 2,811.14 crore.
Net profit up 6% to Rs 240.71 crore versus Rs 226.40 crore.
Ebitda up 8% to Rs 440.66 crore versus Rs 409.85 crore.
Margin at 14.1% versus 14.6%.
ABB India Q2 Highlights (YoY)
Revenue rises 5% at Rs 2,912 crore versus Rs 2,769 crore.
Ebitda up 23% at Rs 540 crore versus Rs 439 crore.
Ebitda margin at 18.6% versus 15.8%.
Net profit rises 21% at Rs 440 crore versus Rs 363 crore.
Procter & Gamble Health Q1 Highlights (Consolidated, YoY)
Revenue up 2.8% to Rs 313.41 crore versus Rs 304.93 crore.
Net profit up 26% to Rs 82.33 crore versus Rs 65.57 crore.
Ebitda up 29% to Rs 114.04 crore versus Rs 88.66 crore.
Margin at 36.4% versus 29.1%
IRCTC Q2 Highlights (Consolidated, YoY)
Revenue up 7.2% to Rs 1,064.00 crore versus Rs 992.40 crore.
Net profit up 4% to Rs 307.87 crore versus Rs 294.68 crore.
Ebitda up 2% to Rs 372.81 crore versus Rs 366.56 crore.
Margin at 35.0% versus 36.9%.
Gland Pharma Q2 Highlights (Consolidated, YoY)
Revenue up 2.4% to Rs 1,405.83 crore versus Rs 1,373.42 crore.
Net profit down 16% to Rs 163.53 crore versus Rs 194.08 crore.
Ebitda down 8% to Rs 297.06 crore versus Rs 324.08 crore.
Margin at 21.1% versus 23.6%.
Indian Railway Catering and Tourism Corporation Ltd., or IRCTC is yet to announce its Q2 results today.
Shares of IRCTC closed 1.87% to Rs 816.20 apiece, compared to 1.27% decline at the benchmark NSE Nifty 50 on Monday. It has risen 22.81% in the last 12 months and declined 8.17% on a year-to-date basis.
Four out of the nine analysts tracking the company have a 'buy' rating on the stock, one recommends a 'hold' and four suggest a 'sell', according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 5.3%.
During the quarter, Exide has invested Rs 250 crore as equity in the wholly owned subsidiary, Exide Energy Solutions Ltd. Additionally, nearly Rs 100 crore has been invested in October 2024. With this, the total equity investment made in EESL till date, stands at Rs 2,852.24 crore.
"In the first half of the year, we have delivered Ebitda and PBT margin of 11.4% and 9.0%, respectively. Efficient procurement coupled with cost optimisation initiatives has led to stability in operating performance, despite high commodity prices. For the near-term, business outlook is positive and commodity prices have started easing, which is expected to support profitability," said Avik Roy, MD & CEO, Exide Industries.
Source: Press Release
Exports Market Demand has been encouraging and we are making strides entering new geographies and strengthening our position in the existing ones. Our focus is on enriching the product portfolio and broadening the distribution network to address the international demand.
Source: Press Release
The two-wheeler and four-wheeler replacement markets experienced robust demand, leading to double-digit revenue growth.
Industrial-UPS and Solar also enjoyed strong demand momentum during the quarter. However, demand scenario was soft in the Home-UPS segment due to the early onset of monsoons.
Excess Channel Inventories for Auto OEMs dampened demand across the Auto OEM space.
Source: Press Release
Revenue down 39.29% at Rs 12.9 crore versus Rs 21.2 crore.
Ebitda loss of Rs 103 crore versus Ebitda loss of Rs 91.47 crore.
Total income up 2% at Rs 6,900 crore versus Rs 6,762 crore.
Net loss of Rs 107 crore versus loss Of Rs 86.4 crore.
Total income up 2% at Rs 6,900 crore versus Rs 6,762 crore.
Net profit up 4.4% at Rs 1,613 crore versus Rs 1,545 crore.
Revenue up 1.8% at Rs 283 crore versus Rs 278 crore.
Ebitda down 12.4% at Rs 37.8 crore versus Rs 43.1 crore.
Margin at 13.3% versus 15.5%
Net profit up 22.7% at Rs 44.8 crore versus Rs 36.5 crore.
In the first quarter of the current financial year, Raymond had reported consolidated revenue of Rs 938 crore, up 98.3% year-on-year.
Raymond had demerged its lifestyle business into Raymond Lifestyle Ltd. during the first quarter of FY25. The demerger was formalised on June 30.
Raymond Q1 FY25 Results (Consolidated, YoY)
Revenue Up 93% To Rs 998 crore versus Rs 517 crore.
Ebitda jumped 81.6% to Rs 162 crore from Rs 89 crore.
Ebitda margin at 16.2% versus 17.3%.
Net profit from continuing operations rose 26.7% to Rs 57 crore from Rs 45 crore.
Tube Investments of India Q2 Highlights (Consolidated, YoY)
Revenue up 14.4% at Rs 4,925 crore versus Rs 4,306 crore.
Ebitda down 12.8% at Rs 490 crore versus Rs 563 crore.
Margin at 10% versus 13.1%
Net profit down 13.6% at Rs 299 crore versus Rs 346 crore.
Exide Industries Q2 Results: Profit Dips Nearly 14%, Revenue Ticks Higher
IRFC's consolidated profit after tax rose 1% to Rs 1,576.8 crore in the June quarter compared to Rs 1,551.3 crore in the year-ago period.
The state-owned company's total income for the first quarter of the current financial year grew by 1% to Rs 6,765 crore from Rs 6,675.7 crore in the corresponding period of the last fiscal.
IRFC Q1 FY25 Highlights (Consolidated, YoY)
Total income up 1% to Rs 6,765 crore versus Rs 6,675.7 crore.
Profit-after-tax up 1% to Rs 1,576.8 crore versus Rs 1,551.3 crore.
Net profit up 17.1% at Rs 64.3 crore versus Rs 77.6 crore.
Revenue up 8.8% at Rs 2,072 crore versus Rs 1,905 crore.
Ebitda up 10.3% at Rs 241 crore versus Rs 219 crore.
Margin At 11.6% versus 11.5%.
The companies that will declare their results for the quarter ended Sept. 30, 2024 on Nov. 4 include ABB India Ltd., Automobile Corporation of Goa Ltd., A F Enterprises Ltd., Andhra Paper Ltd., Amara Raja Energy & Mobility Ltd., Bata India Ltd., Beeyu Overseas Ltd., Chemfab Alkalis Ltd., Cinerad Communications Ltd., Chaman Lal Setia Exports Ltd., Dhampur Bio Organics Ltd., Epuja Spiritech Ltd., Exide Industries Ltd., Gland Pharma Ltd., Gleam Fabmat Ltd., Hatsun Agro Product Ltd., IL&FS Engineering And Construction Co., Indian Toners & Developers Ltd., Jaykay Enterprises Ltd., and JK Paper Ltd.
Also announcing the results will be Sai Silks (Kalamandir) Ltd., Kaycee Industries Ltd., KEC International Ltd., Kunststoffe Industries Ltd., Manali Petrochemical Ltd., Maral Overseas Ltd., Procter & Gamble Health Ltd., Poddar Pigments Ltd., POCL Enterprises Ltd., QGO Finance Ltd., Ramchandra Leasing & Finance Ltd., SAMKRG Pistons & Rings Ltd., Shankara Building Products Ltd., Narmada Gelatines Ltd., SI Capital & Financial Services Ltd., SNL Bearings Ltd., Sun Pharma Advanced Research Co., Sir Shadi Lal Enterprises Ltd., Super Sales India Ltd., Suraj Products Ltd., Tilaknagar Industries Ltd., Tube Investments of India Ltd., TruCap Finance Ltd., and V.S.T. Tillers Tractors Ltd.
IRCTC's June quarter results met analysts’ estimates in terms of consolidated revenue and net profit.
The company's profit after tax, or net profit, jumped 33% in Q1 to Rs 308 crore against Rs 232 crore in the June quarter of the preceding fiscal. Analysts tracked by Bloomberg had predicted a net profit of Rs 308 crore for IRCTC.
IRCTC Q1 FY25 Highlights (Consolidated, YoY)
Revenue from operations rose by 11.8% to Rs 1,120 crore (Bloomberg estimate: Rs 1,175 crore).
Ebitda rose 9% to Rs 344.1 crore (Bloomberg estimate: Rs 402 crore).
Margin stood at 33.6% (Bloomberg estimate: 34.2%).
Net profit jumped 33% to Rs 308 crore (Bloomberg estimate: Rs 308 crore).
IRCTC is expected to report a net profit of Rs 316.6 crore, with revenue projected at Rs 1,125.7 crore. The company’s Ebitda is estimated at Rs 392.3 crore, resulting in an Ebitda margin of 34.9%.
Amara Raja Batteries Ltd. is anticipated to post a net profit of Rs 265 crore and revenue of Rs 3,351 crore. The company's Ebitda is expected at Rs 458.5 crore, translating to a margin of 13.7%.
Exide Industries is likely to report a net profit of Rs 259 crore and revenue of Rs 4,549 crore.
While, Gland Pharma Ltd. is expected to announce a net profit of Rs 162.9 crore, with revenue estimated at Rs 1,421.6 crore and an Ebitda of Rs 284.7 crore, reflecting a margin of 20%.
KEC International is projected to report a net profit of Rs 104.6 crore, with revenue of Rs 5,093.8 crore. Its Ebitda is estimated to stand at Rs 337.7 crore, and margin at 6.6%.
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