Stocks in News Zomato:  consolidated loss at Rs 186 crore | MMB

Stocks in News

Zomato: 
consolidated loss at Rs 186 crore for the quarter ended June 2022, which narrowed compared to loss of Rs 360.7 crore in Q1FY22 and loss of Rs 360 crore in Q4FY22.
backed by other income that more than doubled to Rs 168.1 crore from Rs 72.2 crore YoY.
Revenue grew by 67.4% YoY and 16.67% QoQ to Rs 1,413.9 crore during June FY23 quarter.

Pfizer: The company has received Rs 180.48 crore from Mylan after it has transferred Upjohn business (rimarily off-patent branded and generic established medicines business) comprising of six brands which included Lyrica, Viagra, Celebrex, Amlogard, Daxid and Dilantin along with related business assets and liabilities to Mylan.

Nelcast:
283.5% year-on-year growth in profit at Rs 7.8 crore for the quarter ended June 2022, driven by healthy operating performance and top line.
Revenue grew by 60% to Rs 295.2 crore with growth in volumes and better realisation, while EBITDA increased by 60.4% to Rs 23.3 crore during the same period.

Castrol India: 
The company reported a 47.3% year-on-year growth in profit at Rs 206.26 crore for the quarter ended June 2022 despite higher input cost, driven by strong top line and operating performance.
Revenue grew by 40% YoY to Rs 1,241.71 crore during the same period.

NMDC: The mineral producer recorded monthly production of iron ore at 2.05 million tonnes in July 2022, declining from 3.06 million tonnes in July 2021 and sales dropped to 2.95 million tonnes from 3.29 million tonnes during the same period.

Eicher Motors: The company sold 5,982 units in the commercial vehicle segment in July 2022, up 40.1% compared to 4,271 units sold in same month last year, with domestic sales increasing 51% to 5,360 units but exports fell 22% to 501 units in the same period.

Kansai Nerolac Paints:
The company reported a 36.5% YoY growth in consolidated profit at Rs 152 crore in the quarter ended June 2022 despite sharp increase in input cost, supported by operating performance and top line.
Revenue grew by 46% YoY to Rs 2,051.40 crore during the same period.

Xpro India reports Q1 earnings.
Net profit at Rs 18.5 cr vs Rs 5 cr (YoY)
Revenue up 75.2% at Rs 159.6 cr vs Rs 91.1 cr (YoY)
EBITDA At Rs 23 cr Vs 11.2 cr (YoY)
Margin at 14.4% Vs 12.3% (YoY)

UPL:
Q1 CONS NET PROFIT RUPEES 8.7B VS 6.7B (YOY)
Q1 EBITDA 21.5B RUPEES VS 17.07B (YOY) || Q1 EBITDA MARGIN 19.83% VS 20.05% (YOY)
UPL: CO SAYS THEY HAVE REVISED FY23 GUIDANCE UPWARDS

BEL to consider bonus issue on August 4

PUNJAB ALKALI Q1 : CONS.
NET PROFIT UP 439 % AT 47.99 CR (YOY), UP 7.5 % (QOQ)
REVENUE UP 147 % AT 186 CR (YOY), UP 15.6 % (QOQ)
EBITDA UP 334 % AT 65 CR (YOY), UP 25 % (QOQ)
MARGINS AT 35 % V 19.9 % (YOY),32.2 % (QOQ)

ESCORTS Q1 : ST.
NET PROFIT DOWN 21 % AT 140 CR (YOY), DOWN 26 % (QOQ)
REVENUE UP 19 % AT 2032 CR (YOY), UP 7 % (QOQ)
EBITDA DOWN 16 % AT 204 CR (YOY), DOWN 18 % (QOQ)
MARGINS AT 10 % V 14.2 % (YOY), 13.1 %(QOQ)

EASEMY TRIP: EaseMyTrip commences its Travel Carnival Sale from 1st - 10th August 2022 and  opens a Pandora's Box of offers for Travellers
• India’s second-largest online travel portal has unveiled their marquee festive sales package for travellers with a stack of premium discounts on Flights, Hotels, Buses, Holiday and Cruises

Reliance jio: Telecom Minister on 5G auctions, Reliance jio took 700 MHz in all 22 circles.
700MHz has range from 5 to 10 km which gives good base coverage.

THYROCARE TECH Q1 : CONS.
NET PROFIT DOWN 61 % AT 21.7 CR (YOY), UP 2 % (QOQ)
REVENUE DOWN 22 % AT 127 CR (YOY), DOWN 2 % (QOQ)
EBITDA DOWN 50 % AT 35 CR (YOY), DOWN 5 % (QOQ)
MARGIN AT 27.7 % V 43 % (YOY), 28.6% (QOQ)

CASTROL INDIA Q1 :
NET PROFIT UP 47 % AT 206 CR (YOY), DOWN 10 % (QOQ)
REVENUE UP 40 % AT 1241 CR (YOY), UP 1 % (QOQ)
EBITDA UP 44 % AT 286 CR (YOY), DOWN 10 % (QOQ)
MARGINS AT 23.05 % V 22.2 % (YOY), 25.6 % (QOQ)

Max Life Insurance Q1 (YoY)
New Biz Premium Up 15% At Rs 1,009 Cr Vs Rs 875 Cr