MANAGEMENT OUTLOOK/COMMENTARY/RESULT UPDATE/ GUIDANCE / NEWS

Earnings Post Market Till 7 PM, 22nd Oct

1) Olectra Green (Strong)
2) GMDC (QoQ Weak, YoY Good)
3) Cigniti Tech (Good)
4) Indus Tower (Good)
5) Adani Green (Good)
6) Gabriel India (Good)
7) Mahindra Finance (QoQ Weak, YoY Good)
8) Zensar Tech (YoY Weak, QoQ Flat)
9) Persistent Systems (YoY Good, QoQ Flat)
10) Ugro Capital (QoQ Weak, YoY Good)
11) Huhtamaki Paper (Weak)
12) Shoppers Stop (YoY Weak, QoQ Better)
13) Canfin Home (Good)

UGRO CAPITAL Q2 SL

NET PROFIT 355M RUPEES VS 289M (YOY); 304M (QOQ)

REVENUE 2.1B RUPEES VS 1.72B (YOY)

IMF FORECASTS CHINA GROWTH AT 4.8% FOR 2024 VS 5.0% IN JULY, 4.5% FOR 2025, UNCHANGED FROM JULY || IMF FORECASTS EURO ZONE GROWTH AT 0.8% FOR 2024 VS 0.9% IN JULY, 1.2% FOR 2025 VS 1.5% IN JULY

IMF'S WORLD ECONOMIC OUTLOOK FORECASTS GLOBAL GDP GROWTH AT 3.2% FOR 2024, UNCHANGED FROM JULY FORECAST, 3.2% FOR 2025 VERSUS 3.3% IN JULY || IMF FORECASTS U.S. GROWTH AT 2.8% FOR 2024 VS 2.6% IN JULY, 2.2% FOR 2025 VS 1.9% IN JULY

IMF FORECASTS INDIA GROWTH AT 7.0% FOR 2024, 6.5% FOR 2025, BOTH UNCHANGED FROM JULY

RESPONSIVE INDUSTRIES: Q2 CONS NET PROFIT 493M RUPEES VS 407M (YOY); 484M (QOQ)

RESPONSIVE INDUSTRIES: Q2 REVENUE 3.5B RUPEES VS 2.68B (YOY)

RESPONSIVE INDUSTRIES: Q2 EBITDA 725M RUPEES VS 611M (YOY) || Q2 EBITDA MARGIN 20.75% VS 22.78% (YOY)

K M SUGAR MILLS:

CO ANNOUNCES RE-ARRANGEMENT OF DISTILLERY UNIT CAPACITY

CO SAYS LICENSED CAPACITY FOR COUNTRY LIQUOR HAS INCREASED FROM 25,00,000 LITERS TO 60,00,000 LITERS, WHILE THE CAPACITY FOR INDUSTRIAL ALCOHOL HAS BEEN REDUCED FROM 1,50,00,000 LITERS TO 1,15,00,000 LITERS

CO SAYS OVERALL CAPACITY REMAINS UNCHANGED AT 1,75,00,000 LITERS

MAX FIN Q2

GMDC Q2 CONS

NET PROFIT 1.3B RUPEES VS 746M (YOY); 1.84B (QOQ)

REVENUE 5.9B RUPEES VS 3.8B (YOY)

EBITDA 1.4B RUPEES VS 529M (YOY)

EBITDA MARGIN 23.90% VS 13.83% (YOY)

CAN FIN HOMES Q2 SL

NET PROFIT 2.1B RUPEES VS 1.6B (YOY); 1.99B (QOQ)

REVENUE 9.6B RUPEES VS 8.7B (YOY)

GNPA 0.88% VS 0.91% (QOQ)

NNPA 0.47% VS 0.49% (QOQ)

GABRIEL INDIA Q2 SL

NET PROFIT 527M RUPEES VS 470M (YOY); 512M (QOQ)

REVENUE 9.2B RUPEES VS 8.6B (YOY)

EBITDA 791M RUPEES VS 738M (YOY)

EBITDA MARGIN 8.56% VS 8.50% (YOY)

INDUS TOWERS Q2 CONS

NET PROFIT 22.23B RUPEES VS 12.95B (YOY); 19.26B (QOQ)

REVENUE 74.65B RUPEES VS 71.33B (YOY)

EBITDA 49.3B RUPEES VS 36.6B (YOY)

EBITDA MARGIN 66.04% VS 51.33% (YOY)

GULSHAN POLYOLS: CO SAYS HAS BEEN ALLOCATED WITH A QUANTITY OF 142222 KILOLITERS OF ETHANOL HAVING AN ESTIMATED ORDER VALUE OF 9.94B RUPEES

OLECTRA GREENTECH Q2

👉Net profit at ₹47.7 cr vs ₹18.6 cr (YoY)

👉Revenue up 70.5% at ₹523.7 cr vs ₹307.2 cr (YoY)

👉EBITDA at ₹81.2 cr vs ₹40.6 cr (YoY)

👉Margin at 15.5% vs 13.2% (YoY)

CCI approves acquisition of Aavas Financiers by Aquilo House Pte

GMDC Q2

RITES: CO SAYS ORDER RECEIVED WORTH 4.54B RUPEES || CO SAYS JULY 2023 ORDER CONVERTED INTO TURNKEY BASIS