The quarterly performance of Navin Fluorine stood out in major segments except the CRAMs. For Q2FY22, the company reported a ~5% increase in standalone revenue on YoY basis, EBITDA margin grew by 90bps on QoQ basis, PAT margin marginally grew from 17

Growth of the different verticals Larsen & Toubro Infotech’s key players are its three verticals- BFSI (47% of revenue), Manufacturing (16% of revenue) and Hitech (13% of revenue). Lets talk about the highest revenue earning vertical first.

HDFC Bank reported 17.6% YoY growth in PAT, led by 14.4% YoY growth in operating profit and lower than-expected provisioning. Loan book grew by 15.5% YoY but the pick-up in the retail segment is encouraging, where growth has been lack lustre in the l

The IT giant great recorded a phenomenal recorded a strong performance in India but faltered overseas. While Indian market grew by 14.1% QoQ, it declined by 2% in Continental Europe. While the dollar revenue grew 15.5% YoY and 4% QoQ on CC basis the

After a rather grim start of the year with only Rs. 1.7bn worth sales booking in Q1FY22, Oberoi Realty (Market Cap: Rs. 341bn) reported a stellar Q2FY22 performance with sales bookings worth Rs. 8.3bn across 200 units with no new launches in the quar

The retail giant, DMart’s bullish momentum spills into Q2 and there seems to be no looking back. This is proved with the stock price zooming 94% in one year and outperforming the Nifty50 benchmark which only grew 54% in the same period. The reta

Indian retail investors’ interest in stock markets is “fascinating” as they have been pumping money into both the primary and secondary market despite experts cautioning against super-rich valuations, according to UBS. The Swiss brokerage

AV Birla Group flagship Grasim, a diversified holding company for various businesses, posted strong quarterly profit numbers with both operating and net profit exceeding analyst estimates but its revenue growth lagged expectations. The company clo

Eicher Motors Ltd swung to a profit for the quarter ended June 30 from a loss a year earlier as it sold more motorcycles, but reported a steep drop in earnings compared with the preceding three months. The maker of Royal Enfield bikes said it post

Food delivery platform Zomato Ltd’s consolidated net loss widened during the three months through June, but its revenue jumped as more people ordered online due to stay-at-home curbs to tackle the Covid-19 pandemic. Net loss for the April-June qua

State-run Power Grid Corporation of India Ltd has posted a three-fold jump in consolidated net profit for the April-June quarter thanks to a one-time gain from the sale of units of an infrastructure investment trust (InvIT). The transmission utility

Shree Cement, the third-largest cement producer in India, doubled its consolidated net profit for the quarter ended June 30, 2021 compared with the year-ago period while its net revenue climbed almost 50%. Net profit rose to Rs 667.4 crore from Rs