Q3
In a growing economy, new defensive sectors tend to emerge: 5 tiles and ceramic and home makers stocks with upside potential of up to 41%
Many times the word, defensive stocks is used on the street. Most of the time it is FMCG, pharma and others which are referred to as defensive stocks. The reason being that the demand for these companies is steady and is not impacted much even when there is any slowdown in an economy. The question is in an economy which is growing faster and new areas of consumption are coming up every second day, where the demand from being seasonal and cyclical has reached a stage where in all economic conditions it stays above single digit, shouldn't those also be considered as defensive and valued accordingly. Probably the Indian economy has reached a stage where the demand for tiles, ceramic and home building products, ex-cement has reached a level where in worst cases it will not go below a point.
Vodafone Idea Q4 Results: Net loss widens vs Q3; ARPU rise to Rs 146
Vodafone Idea’s net loss for the fiscal fourth quarter, FY24, widened sequentially to Rs 7,675 crore, dragged by high debt and even as it continued to lose subscribers.
Bharti Airtel Q4 Preview: Revenue likely to jump 8% YoY on higher ARPU, subscriber base
In the fourth quarter of the fiscal year 2023, Bharti Airtel recorded a consolidated profit after tax (PAT) of Rs 3,005 crore, which pertains to the company's owners. When factoring in the non-controlling interest, the PAT for the period increases to Rs 4,226 crore. Additionally, the revenue from operations for the quarter amounted to Rs 36,009 crore.
Microsoft Q3 Results: Firm tops Wall Street targets, driven by AI investment
Microsoft beats revenue expectations with AI adoption in cloud services. Stock jumps 4%. Forecasted cloud revenue above Wall Street. Microsoft's value increased by $128 billion. Azure revenue exceeded estimates.
Apeejay Surrendra Park Hotels Q3 Results: Co posts total income of Rs 164 crore, PAT at Rs 27.4 crore
The company posted a profit of Rs 27.4 crore, repaid long-term debt, and inaugurated five new hotels. The company said for the first nine months of this fiscal year, its total income increased by 14% year on year to Rs 436 crore. Its profit after tax amounted to Rs 50.4 crore, translating into a profit after tax margin of 12% in the first nine months of this fiscal.
Park Hotels Q3 Results: Cons PAT soars 46% YoY to Rs 27.4 crore, sales up 14%
Consolidated revenue from operations increased by nearly 14% YoY to Rs 159 crore. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose to Rs 87.94 crore from Rs 78.41 crore a year ago, while operating margin contracted 70 basis points to 55.31%.
- Go To Page 1
Jana Small Finance Bank Q3 Results: Net profit rises 13% YoY to Rs 135 crore
The bank, which was listed on the bourses at a 4.4% discount to the IPO price of Rs 414 on February 14, said that its total income for the quarter was 20% higher at Rs 1178 crore.
PTC India Q3 Results: Net profit slips 7% YoY to Rs 97 crore
The company's total income, however, increased to Rs 3,483.93 crore from Rs 3,146.91 crore a year ago. Its expenses surged to Rs 3,353.09 crore from Rs 3,003.86 crore in the third quarter last fiscal.
Muthoot Finance Q3 Results: Net profit rises 22% YoY to Rs 1,145 cr
Total income during the third quarter of the ongoing fiscal rose to Rs 3,843 crore, as against Rs 3,030 crore in the same period of 2020-21, Muthoot Finance said in a regulatory filing.
Glenmark Q3 Results: Co reports net loss of Rs 351 cr on lower domestic sales
Total revenue from operations declined to Rs 2,507 crore as compared with Rs 3,100 crore in the year-ago period, Glenmark Pharma said in a statement.
Narayana Health Q3 Results: Net profit jumps 22% YoY to Rs 188 crore
The average revenue per occupied bed (ARPOB) was Rs 1.41 crore in Q3FY 24 as against Rs 1.3 crore in Q3FY23. The average length of stay (ALOS) stood at 4.4 days in Q3. The outpatient volumes rose 4% YoY to 6.04 lakh, while inpatient volumes were the same at 57,000.
Sun TV Network Q3 Results: Cons PAT rises 7% YoY to Rs 454 crore
The broadcaster owns 35 TV channels in six languages and an OTT platform Sun NXT, besides FM radio stations across India. It also owns two cricket franchises Sun Risers Hyderabad and Sun Risers Eastern Cape in Indian Premier League and SA 20, respectively.
M&M Q3 Results: Profit surges 61% YoY to Rs 2,454 crore, but misses estimate
M&M Q3 Results: Total income from operations rose 16% YoY to Rs 25,642 crore, compared with Rs 22,113 crore in the same period last year. M&M reported an EBITDA of Rs 3,590 crore in the third quarter, which is up 10% from Rs 3,273 crore posted in the corresponding quarter of the previous year.
Nalco Q3 Results: Net profit rises almost two-fold to Rs 471 cr
The company had posted a consolidated profit of Rs 256.32 crore in the October-December quarter of FY2022-23, Nalco said in a filing to BSE.
Oil India Q3 Results: Net profit falls 9% YoY on lower crude prices
Last year, the government also reduced the prices of gas produced from old blocks to $6.50 per million British thermal units (mmBtu) from $8.57 per mmBtu, squeezing the realisation of ONGC and Oil India, which together operate old fields responsible for about 80% of India's annual gas output.
M&M Q3 Result Preview: PAT may grow 21% YoY on strong automotive show; demand view eyed
M&M Q3 Result Preview: Revenue is likely to increase 16.5% YoY to Rs 25,216 crore, led by strong growth in volumes in the automotive segment, which will offset the weakness in the tractor segment.
ZEEL Q3 Results: Profit more than doubles to Rs 59 crore; revenue falls 3% YoY
ZEEL Q3 Results: Revenue during the December quarter fell 3% YoY to Rs 2,045 crore. The company reported a 43% decline in Q3 EBITDA at Rs 209 crore compared to Rs 366 crore in the same quarter last year.
Coal India Q3 Results: Profit rises 17% YoY to Rs 9,069 crore; dividend declared at Rs 5.25/share
Revenue from operations rose 3% year-on-year to Rs 36,154 crore in the third quarter, compared with Rs 35,169 crore in the same period of last year. The profit before tax during the third quarter under review surged to an all-time high to Rs 12,375 crore, posting a double digit growth of 17% year-on-year.
Hindalco Q3 Preview: Cons PAT may surge 82% YoY on strong profitability, Novelis outlook eyed
Earnings before interest, taxes, depreciation and amortisation or EBITDA is expected to grow by 67% YoY to Rs 5,841 crore, but the topline is seen declining 0.5% to Rs 52,928 crore, the estimates showed.
LIC Q3 Results: Profit zooms 49% YoY to Rs 9,444 crore; dividend declared at Rs 4/share
LIC Q3 Results: The net premium income for the third quarter rose 5% year-on-year to Rs 1.17 lakh crore, compared with Rs 1.11 lakh crore in the corresponding quarter of previous year. First year premium for the reporting quarter fell 13% to Rs 8,429 crore. It was Rs 9,725 crore a year ago. Income from investments jumped 12% year-on-year to Rs 95,267 crore.
Matrimony.com Q3 Results: Net profit remains flat at Rs 11.10 crore
For the nine-month period ending December 31, 2023, the consolidated profit grew to Rs 37.80 crore, as against Rs 35.26 crore registered year ago.
NSE Q3 Results: Revenue jumps 25%, profit up 8% YoY to Rs 1,975 crore
The quarterly net profit margins stood at 51%, NSE said. Apart from trading revenue, the revenue from operations was also supported by other revenue lines, which mainly include data centre & connectivity charges, clearing services, listing services, index services and data services.
Divis Labs Q3 Results: Profit rises 17% YoY to Rs 358 crore
Revenue from operations in the reporting period increased 9% year-on-year to Rs 1,855 crore, compared with Rs 1708 crore in the corresponding period of last year.
Q3 Results Today: Divi’s Lab, ONGC, MCX among 170 companies to announce earnings
Among other important results will be those by Aurobindo Pharma, Chemcon Speciality Chemicals, Sai Silks (Kalamandir), Mawana Sugars, MM Forgings and Yatharth Hospital & Trauma Care Services.
ONGC Q3 results today: What to expect and key things to track
Net profit for the third quarter is likely to fall around 13% year-on-year, according to an average estimate of four brokerages. On a sequential basis, profit is seen dropping by a marginal 1%.
Hero MotoCorp Q3 Results: Profit surges 51% YoY to Rs 1,073 crore; co to pay Rs 100/share dividend
Hero Moto Q3 Results: Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore and was higher than an ETnow poll of Rs 9,690 crore. The board has recommended an interim dividend of Rs 75 a share for the current financial year, and a special dividend of Rs 25 a share to mark the centennial year of Chairman Emeritus Brijmohan Lall Munjal.
Mamaearth Q3 Results: Profit soars 265% YoY to Rs 26 crore; revenue jumps 28%
Revenue from operations in the third quarter increased 28% year-on-year (YoY) to Rs 488 crore, compared with Rs 382 crore in the same quarter of last year.
Supriya Lifesciences Q3 Results: Net profit triples to Rs 30 crore
Revenues rose 33% YoY to Rs 140 crore in Q3FY24. Earnings before interest, taxes, depreciation and amortisation (EBITDA) for Q3FY24 almost tripled to reach Rs. 41.49 crore, with an EBITDA margin of 29.6% in Q3FY24, as opposed to 13.4%, an improvement of 1620 basis points.
Grasim Q3 Results: Cons PAT slumps 40% YoY to Rs 1,514 crore, revenue rises 12%
Grasim's consolidated revenue increased by nearly 12% to Rs 31,965.50 crore. Sequentially, the bottomline surged over 30%, and the topline grew by nearly 6%.
Load More
