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Corporate earnings
Godrej Consumer Products, Apollo Tyres and Dr Lal Pathlabs were among the companies that released their financial results for the April-June period post-market hours on Wednesday.
GCPL reported a 41.3 per cent jump in its consolidated net profit to Rs 450.6 crore for the quarter ended June 30.
#1 Hindalco in focus: Novelis maintains near-to-medium term EBITDA/t guidance at USD 525
#2 Godrej Consumer Q1 headline numbers a mild miss; India reported volume growth at 10 percent
#3 Apollo Tyres Q1 below estimate; EBITDA misses estimate, margin down 240 bps to 14.4 percent
#4 Sula Vineyards Q1 revenue up 12 percent; margin flat at 28 percent YoY
#5 Welspun Corp Q1 margin up 300 bps; profit rises 47 percent YoY
#6 Strong quarter for BSE; Q1 revenue up 24 percent led by increased transaction charges, margin at record high of 47 percent
#7 Marico: Majority of retail sales force & distributors resume operations in Bangladesh; operating conditions gradually improving
#8 UPL: High Court Of Australia rules in favour of Advanta Seeds
#9 Protean eGov: Standard Chartered Bank likely to sell 3.1 percent equity via block deal, say sources
#10 Strong Earnings: Abbott, ITD Cementation, Gujarat Pipavav, kirlsokar Oil, CCL Products, KIMS, Radico Khaitan
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