June 16, 2024
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Results on May 9: Lupin, Raymond, Reliance Infrastructure, Apollo Tyres, Birla Corporation, Castrol India, Chalet Hotels, Eveready Industries India, Godrej Agrovet, Hatsun Agro Product, Indraprastha Gas, JM Financial, KSB, Latent View Analytics, Matrimony.com, Nazara Technologies, Nuvoco Vistas Corporation, Rain Industries, Shipping Corporation of India, SRF, Suven Life Sciences, and Westlife Foodworld will be in focus ahead of quarterly earnings on May 9. Outcomes on Might 9: Lupin, Raymond, Reliance Infrastructure, Apollo Tyres, Birla Company, Castrol India, Chalet Motels, Eveready Industries India, Godrej Agrovet, Hatsun Agro Product, Indraprastha Gasoline, JM Monetary, KSB, Latent View Analytics, Matrimony.com, Nazara Applied sciences, Nuvoco Vistas Company, Rain Industries, Delivery Company of India, SRF, Suven Life Sciences, and Westlife Foodworld shall be in focus forward of quarterly earnings on Might 9.

Mahanagar Gas: The natural gas distribution company has recorded a 56.2% quarter-on-quarter growth in profit at Rs 268.81 crore for March FY23 quarter, driven by healthy operating performance. Revenue fell 3.6 percent sequentially to Rs 1,610.5 crore, with volumes declining 1.16% QoQ. Numbers, barring topline, were above estimates. The company announced final dividend of Rs 16 per equity share. Mahanagar Gasoline: The pure gasoline distribution firm has recorded a 56.2% quarter-on-quarter progress in revenue at Rs 268.81 crore for March FY23 quarter, pushed by wholesome working efficiency. Income fell 3.6 % sequentially to Rs 1,610.5 crore, with volumes declining 1.16% QoQ. Numbers, barring topline, have been above estimates. The corporate introduced closing dividend of Rs 16 per fairness share.

Andhra Paper: The paper and pulp manufacturer has clocked a 168% year-on-year growth in profit at Rs 153.9 crore for quarter ended March FY23, driven by healthy topline, and operating numbers. Revenue from operations grew by 38.55% to Rs 590 crore compared to year-ago period. Andhra Paper: The paper and pulp producer has clocked a 168% year-on-year progress in revenue at Rs 153.9 crore for quarter ended March FY23, pushed by wholesome topline, and working numbers. Income from operations grew by 38.55% to Rs 590 crore in comparison with year-ago interval.

Carborundum Universal: The Murugappa Group company has recorded a 140.4% year-on-year growth in consolidated profit at Rs 137.1 crore for March FY23 quarter on strong operating and topline numbers. Revenue increased by 38% to Rs 1,199.6 crore compared to same period last year with good growth in all segments including abrasives, ceramics and electro minerals. The company announced a final dividend of Rs 2 per share for FY23. Carborundum Common: The Murugappa Group firm has recorded a 140.4% year-on-year progress in consolidated revenue at Rs 137.1 crore for March FY23 quarter on robust working and topline numbers. Income elevated by 38% to Rs 1,199.6 crore in comparison with similar interval final yr with good progress in all segments together with abrasives, ceramics and electro minerals. The corporate introduced a closing dividend of Rs 2 per share for FY23.

VIP Industries: The luggage and bags manufacturer has posted net loss of Rs 4.3 crore in March FY23 quarter, against profit of Rs 12.4 crore in same period last year. The company had an exceptional loss of Rs 47.21 crore relating to a loss of property, plant and equipment and inventories that were destroyed due to a major fire at a plant of Bangladesh subsidiary in Q4FY23. Revenue grew by 27% YoY to Rs 450.6 crore. VIP Industries: The baggage and baggage producer has posted internet lack of Rs 4.3 crore in March FY23 quarter, in opposition to revenue of Rs 12.4 crore in similar interval final yr. The corporate had an distinctive lack of Rs 47.21 crore regarding a lack of property, plant and tools and inventories that have been destroyed as a consequence of a serious fireplace at a plant of Bangladesh subsidiary in Q4FY23. Income grew by 27% YoY to Rs 450.6 crore.

Godrej Consumer Products: Godrej Consumer has completed acquisition of FMCG business of Raymond Consumer Care. On April 27, the company had announced the proposed acquisition of FMCG business of Raymond Consumer Care by way of a slump sale. RCCL is a leading player in the deodorants and sexual wellness categories in India. Godrej Client Merchandise: Godrej Client has accomplished acquisition of FMCG enterprise of Raymond Client Care. On April 27, the corporate had introduced the proposed acquisition of FMCG enterprise of Raymond Client Care by the use of a hunch sale. RCCL is a number one participant within the deodorants and sexual wellness classes in India.

CG Power & Industrial Solutions: The company said board has reappointed Natarajan Srinivasan as Managing Director with effect from November 26, 2023, up to April 30, 2025. CG Energy & Industrial Options: The corporate stated board has reappointed Natarajan Srinivasan as Managing Director with impact from November 26, 2023, as much as April 30, 2025.

Canopy Finance: The board of directors has approved the re-appointment of Lalit Kumar Tapadia as a Managing Director for a period of 1 year, subject to approval of shareholders of the company. Cover Finance: The board of administrators has permitted the re-appointment of Lalit Kumar Tapadia as a Managing Director for a interval of 1 yr, topic to approval of shareholders of the corporate.

Pidilite Industries: The adhesive manufacturing company has recorded a 11.3% year-on-year growth in consolidated profit at Rs 283.03 crore for quarter ended March FY23 on good operating numbers, Revenue from operations rose 7.3% to Rs 2,689.25 crore in the same period. Pidilite Industries: The adhesive manufacturing firm has recorded a 11.3% year-on-year progress in consolidated revenue at Rs 283.03 crore for quarter ended March FY23 on good working numbers, Income from operations rose 7.3% to Rs 2,689.25 crore in the identical interval.

Mankind Pharma: The pharmaceutical firm will make its debut on the bourses on May 9. The issue price has been fixed at Rs 1,080 per share. Mankind Pharma: The pharmaceutical agency will make its debut on the bourses on Might 9. The problem worth has been mounted at Rs 1,080 per share.