๐ฆ๐ผ๐ฏ๐ต๐ฎ ๐๐๐ฑ. ๐ค๐ฎ ๐๐ป๐ฎ๐น๐๐๐ ๐๐ผ๐ป๐ฐ๐ฎ๐น๐น
@SobhaLtd plans to launch eight projects worth INR 180 billion in the second half of FY27, with new launches expected to support margin improvement. Management expects EBITDA margin to exceed 15% in FY27 and reach 20% from FY28 onwards. The company launched two projects in the September quarter and five in the first half, while collections exceeded INR 20 billion in Q2.
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๐๐ฎ๐๐ฒ๐น๐น๐ ๐๐ป๐ฑ๐ถ๐ฎ ๐ค๐ฎ ๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ
.@havellsindia is expected to report modest September quarter profit growth, with rising cost pressures likely to weigh on margins and keep earnings growth well below revenue growth. Standalone net profit is projected to rise 4.2% year-on-year to INR 3.17 billion, up 11% sequentially. Estimates from 12 brokerages range from INR 2.85 billion to INR 3.65 billion.
#EarningsWithInformist #EarningsOutlook
โฌ๏ธ Read the full earnings outlook below.
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๐ป ๐๐๐ถ๐ฒ๐ป๐ ๐ค๐ฎ ๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ
.@Cyient is expected to report strong sequential profit growth in the September quarter, driven by higher aerospace contributions, growth across business divisions and the consolidation of TAO Digital, despite modest revenue growth. Analysts expect net profit to rise over 47% sequentially to INR 1.53 billion, based on estimates from seven brokerages. Estimates range from INR 1.15 billion to INR 1.82 billion.
#EarningsWithInformist #EarningsOutlook #Q2Results #IndianMarkets
โฌ๏ธ Read the full earnings outlook below.
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๐ฆ ๐ฃ๐ถ๐ฟ๐ฎ๐บ๐ฎ๐น ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐๐๐ฑ.
.@PiramalFinance expects borrowing activity to remain strong and aims to double its assets under management every three years, targeting INR 1.5 trillion by FY28. Management reported no adverse impact from the weak monsoon on its agriculture loan book so far and expects to maintain comfortable capital adequacy over the next few years.๐ฐ
#AnalystConcall #EarningsWithInformist
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๐ข๐ฏ๐ฒ๐ฟ๐ผ๐ถ ๐ฅ๐ฒ๐ฎ๐น๐๐ ๐๐ป๐ฎ๐น๐๐๐ ๐๐ผ๐ป๐ฐ๐ฎ๐น๐น
.@oberoirealty plans to expand its commercial real estate presence in Delhi NCR, following its entry into the region with the Oberoi Three Sixty North residential project in Gurugram. Management is also exploring land acquisitions for malls and offices in Delhi NCR and assessing opportunities in south India. The company has budgeted INR 10 billion for construction in the current financial year and expects property prices to increase at its Thane project.
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Spot gold prices in India's major markets fell slightly as the rupee appreciated for the seventh consecutive session, making the dollar-denominated gold cheaper for local buyers. However, futures prices on the Multi Commodity Exchange of India Ltd. and COMEX gained as investors expected the US Federal Reserve to keep interest rates unchanged at its October meeting.
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.@FederalBankLtd and .@janabank on Monday said there was no material information or event that has not been disclosed to the stock exchanges under the .@SEBI_updates (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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๐ชต ๐๐ฒ๐ป๐๐๐ฟ๐ ๐ฃ๐น๐๐ฏ๐ผ๐ฎ๐ฟ๐ฑ๐ ๐ค๐ฎ ๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ
.@CenturyPlyIndia is expected to report strong September-quarter earnings, with volume-led growth in its core plywood business likely to drive revenue and support profitability. Analysts expect consolidated net profit to rise 42% year on year to INR 975 million, with a 21% increase sequentially. Estimates from 10 brokerages range from INR 831 million to INR 1.19 billion. The company is scheduled to announce its results on November 4.๐
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#AnalystConcall #EarningsWithInformist
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.@UnionBankTweets aims to lift its net interest margin above 3% in the coming quarters while cutting its reliance on high-cost bulk deposits. The lender also plans to open 150 branches in financial year 2026โ27, management said after its earnings announcement.
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๐ฌ๐๐ฆ ๐๐ฎ๐ป๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐๐ผ๐ป๐ฐ๐ฎ๐น๐น
.@YESBANK is evaluating legal options following the Supreme Courtโs decision to reinstate its written-down additional tier-I bonds worth INR 84.15 billion. Management said the implementation timeline remains unclear, while the potential capital impact and accounting treatment are still under assessment. The bank also expects margins to remain broadly similar in Q3, with a slight downside bias, as it balances growth ambitions with capital preservation.
#AnalystConcall #EarningsWithInformist #yesbank
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The Delhi High Court has restrained Alaina Healthcare Pvt. Ltd. and its marketer Menarini India Pvt. Ltd. from manufacturing, selling or using a name on its pharmaceutical or medicinal preparations similar to Mankind Consumer Products Pvt. Ltd.'s 'AcenStar' trademark, till the permanent injunction suit filed by the latter is decided.
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.@ICICIBank Saturday reported an over 20% on-year and 0.3% on-quarter rise in its September quarter net profit to INR 148.43 billion, supported by higher net interest income and lower provisions. The Jul-Sept net profit beat the Street's estimate, growing at the fastest pace in three quarters on year and the slowest in three quarters sequentially.
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.@HDFC_Bank Deputy Managing Director Kaizad Bharucha resigned Saturday, effective close of business hours on Dec. 31, the private-sector bank informed exchanges. The board has accepted his resignation and forwarded it to the Reserve Bank of India for approval, it said.
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.@IDBI_Bank's net profit for the September quarter fell sharply on a high base due to a one-off gain in the year-ago quarter from its stake sale in the National Securities Depository Ltd. The lender posted a provision for the quarter under review against their reversal a year ago, which also weighed on the bottom line.
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.@HDFC_Bank's net profit for the September quarter beat the Street view by a slim margin, thanks to a healthy rise in net interest income. However, profit growth was the slowest in seven quarters.
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.@ICICIBank reported a 20.1% year-on-year rise in net profit to INR 148.43 billion for the September quarter, beating analystsโ estimate of INR 142.74 billion. Total income increased to INR 571.57 billion from INR 493.33 billion a year earlier.
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