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Quarterly results of Zomato, ITC and Tata motors

Zomato Q1 FY25: Profit Surges Amid Robust Growth in Delivery and Quick Commerce

  • Zomato reported a net profit of Rs 253 crore ($30.22 million) for Q1 FY25, significantly up from Rs 2 crore a year earlier, driven by strong demand in food and grocery delivery.
  • Revenue surged 74% to Rs 4,206 crore, with a 53% increase in gross order value (GOV) to Rs 15,455 crore.
  • Food delivery GOV rose 27%, quick commerce GOV surged 130%, and going-out GOV increased 106%.
  • Adjusted EBITDA grew to Rs 299 crore from Rs 194 crore in the previous quarter.
  • The company’s stock price has jumped 174% over the past year.
  • CEO Deepinder Goyal mentioned plans to expand the going-out offering and increase Blinkit stores to 1,000 by March 2025, with a goal of 2,000 by 2026, maintaining profitability.

ITC Q1 FY25: Modest Profit Growth Amid Strong Performance in Hotels and Agri Business

  • ITC reported a slight 0.3% increase in standalone net profit to Rs 4,917.45 crore for the June quarter, compared to Rs 4,902.74 crore last year.
  • Standalone revenue rose by 7.32% to Rs 18,077.24 crore from Rs 16,842.93 crore.
  • The company’s growth was driven by its Hotels, Value Added Agri products, and Leaf Tobacco segments, with a resilient performance in the FMCG and Cigarettes sectors despite challenging market conditions.
  • On a consolidated basis, ITC’s profit slightly declined by 0.26% to Rs 5,091.59 crore, while revenue grew 7.45% to Rs 20,029.60 crore.
  • The FMCG segment saw a 6.3% increase in revenue to Rs 5,491 crore, with improved profit margins.
  • The Cigarette segment’s revenue grew 7%, with profits up 6.5%. The Hotel business experienced a 10.9% revenue increase, and ITC is moving forward with plans to demerge its hotels business.
  • The Agri business segment saw a 22.2% rise in revenue. However, the Paperboards, Paper & Packaging segment faced challenges due to cheaper Chinese imports and higher domestic wood costs, leading to a 6.8% decline in revenue.

Tata Motors Q1 FY25: Net Profit Soars 74%, Revenue and Margins Improve

  • Tata Motors reported a 74% year-on-year (YoY) increase in consolidated net profit to ₹5,566 crore for Q1, up from ₹3,203 crore.
  • Consolidated revenue rose by 6% to ₹1.08 lakh crore, compared to ₹1.02 lakh crore in the same period last year.
  • Consolidated EBITDA grew 19% to ₹15,785 crore, with the EBITDA margin improving to 14.6% from 12.9% YoY.
  • Tax expenses were higher at ₹3,178 crore, compared to ₹1,563 crore last year.



Disclaimer



Indus Towers Q1

01/08/2024 /1 Comment/by
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Indus Towers Q1

Indus Towers has reported strong financial results for the first quarter (Q1), with notable increases in key metrics compared to the same period last year (YoY):

  1. Net Profit: The company achieved a net profit of ₹1,925.9 crore, which is a 42.9% increase from ₹1,348 crore YoY.
  2. Revenue: The revenue grew by 4.3%, reaching ₹7,383 crore, up from ₹7,075.9 crore.
  3. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): EBITDA rose by 29.4%, amounting to ₹4,545.3 crore, compared to ₹3,513.8 crore.
  4. EBITDA Margin: The EBITDA margin improved significantly to 61.6%, up from 49.7%.

Additionally, the company’s board has approved a share buyback plan of up to ₹2,640 crore, offering to buy shares at ₹465 per share via a tender route. This move is typically aimed at returning value to shareholders and may also help in improving the company’s earnings per share (EPS) by reducing the number of outstanding shares.



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01/08/2024 /1 Comment/by
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PROBABILITES OF DALAL STREET ON  1st  AUGUST 2024

Dear market participants, nifty took consolidation from 3 days between 24800 to 25000. Today also

Failed to touch 25000. For tomorrow’s session just look at few points.

  • FII’s bought 1.44L index future and in options they sold  59,457 so they are medium indecisive in derivative. In stock  they sold  3462cr.
  • DII’s sold 81746 index future and in options they sold 3.2Lakhs in stock they bought 3367 Cr
  • Clients are medium bearish  in  future and in options they are neutral.
  • If we look at Global markets, US markets are bullish   and European  market is also positive and in Asian markets are too.
  • Volatility index rose  87% , that closed at 13.25.   
  • As per open interest nifty has 24800 followed by 24700 has highest put writer. There is highest call writer at 25000.

As of now all global markets are bullish , but as per Indian time from 11:30 US fed meeting will be there about interest rate . so that will impact on our market on tomorrow. And nifty weekly expiry is also on tomorrow. Chances of breaking consolidation in nifty that is 24800-25000 is high.

                                                                               -By

                                                                      A Ganesh R Bhat



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31/07/2024 /0 Comments/by
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GAIL Quarterly results are zoomed

GAIL (India) Limited’s financial performance for Q1 FY24 showed notable improvements across several key metrics:

  1. Net Profit: The company reported a net profit of ₹2,724 crore, representing a 25% increase quarter-over-quarter (QoQ) and a substantial 93% increase year-over-year (YoY).

  2. Revenue: GAIL’s revenue grew to ₹33,692 crore, up by 4% QoQ and 5% YoY. This rise in revenue reflects better performance in gas marketing and transmission operations.

  3. EBITDA: The company’s EBITDA stood at ₹4,528.05 crore, marking a 27% increase QoQ and an impressive 86% increase YoY. The growth in EBITDA indicates strong operational efficiency and higher profitability.

4. EBITDA Margins: The EBITDA margin improved to 13.44%, up from 11% in the previous quarter and significantly higher than the 7.55% recorded in the same period last year. This increase in margins demonstrates enhanced cost management and better pricing strategies.

These results indicate a robust quarter for GAIL, with significant gains in profitability and operational efficiency compared to both the previous quarter and the same period last year.

30/07/2024 /2 Comments/by
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Quarterly results announced

On 30-july-2024 many corporate results are announced. Here are so the announced results:-

EXIDE INDUSTRIES-

Net Profit Up 15.5% At ₹279.6 Cr Vs ₹242 Cr (YoY)

-Revenue Up 6% At ₹4,312.8 Cr Vs ₹4,072.6 Cr (YoY)

-EBITDA Up 14.5% At ₹494.4 Cr Vs ₹431.7 Cr (YoY)

-Margin At 11.5% Vs 10.6% (YoY)

Force Motors reports

-Net Profit Up 68.6% At ₹115.7 Cr Vs ₹68.6 Cr (YoY)

– Revenue Up 26.7% At ₹1,885 Cr Vs ₹1,487.5 Cr (YoY)

– EBITDA Up 38% At ₹249.3.6 Cr Vs ₹180.6 Cr (YoY)

– Margin At 13.2% Vs 12.1% (YoY)

DIXON TECH Q1

NET PROFIT UP 44% AT 140CR (QOQ), UP 108% (YOY)

REVENUE UP 41% AT 6580CR (QOQ) ,UP 101% (YOY)

EBITDA UP 36% AT 248CR (QOQ), UP 88%(YOY)

MARGINS 3.76% V 3.92% (QOQ), 4.03% (YOY)

CASTROL INDIA Q1

NET PROFIT UP 3 % AT 232 CR (YOY), UP 7% (QOQ)

REVENUE UP 5 % AT 1397 CR (YOY) ,UP 5 % (QOQ)

EBITDA UP 3 % AT 322 CR (YOY),UP 10 %(QOQ)

MARGINS AT 23.1 % V 23.4 % (YOY),22.17 % (QOQ)

30/07/2024 /0 Comments/by
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PROBABILITES OF DALAL STREET ON 31st JULY 2024

Dear market participants, today once again nifty fell from 24971 which was very close to all time high, was made on last trading session. For next session we have to look following points.

  • FII’s bought 1.58L index future and in options they bought  94589 so they are medium bullish   in derivatives. In stock  they sold  5599cr   .
  • DII’s sold 79,213 index future and in options they sold 3.2L. in stock they bought 5565 Cr
  • Clients are medium bearish  in  future and in options too.
  • If we look at Global markets, US markets are bearish   and European  market is slightly positive and in Asian markets are mixed.
  • Volatility index fell 0.5% , that closed at 12.88 .   
  • As per open interest nifty has 24700 followed by 24500 has highest put writer . there is highest call writer at 25000.

From past two days nifty tried to close above 24950 . from that level correction is happening so 25000 is gradually turning weak resistance into strong resistance. At down side 24500 will be strong support. now it looks risky to buy on dip. So be careful at support levels.

                                                                                      -By

                                                                           A Ganesh R Bhat

 



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Click here to read PROBABILITES OF DALAL STREET ON 30th JULY 2024

30/07/2024 /0 Comments/by
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PROBABILITES OF DALAL STREET ON 30th   JULY 2024

Dear market participants, just one point less for nifty to touch 25000. After that some as usual some profit booking came and went downside, closed at 24836. For next trading session we have to look following points.

  • FII’s bought 1.51L index future and in options they bought  79562. so, they are medium bullish   in derivatives. In stock  they sold  2475cr.
  • DII’s sold 79,241 index future and in options they sold 3.25L, in stock they bought 5666 Cr.
  • Clients are medium indecisive  in  future and in options they are medium bullish.
  • If we look at Global markets, US markets  and European markets  sideway and in asian markets are positive.
  • Volatility index rose 5.70%, that closed at 12.94 .   

As per open interest nifty has 24600 followed by 24500  has highest put writer, there is highest call writer at 25000.

After reaching new all time high nifty, some profit booking came and for next trading day 24600to24500 will act as strong support zone for bulls and 25000 is weak resistance for bears Because as of now sentiment is bullish in market. If market reach 24500, chances  of bounce back from that level is high.

                                                                               -By

                                                                     A Ganesh R Bhat



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Click here to read 29/7/2024 post market

29/07/2024 /1 Comment/by
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PROBABILITES OF DALAL STREET ON 29th   JULY 2024

Dear market participants, on the last trading session  nifty was given very good bullish movement, as mentioned on last report “probability of downtrend from this level is low”. For next trading session we have to consider the following points.

  • FII’s bought 1.32L index future and in options they bought  22L so they are bullish  l in derivatives. In stock  they bought 2546cr.
  • DII’s sold 79,450 index future and in options they sold 3.05L in stock they bought 2,774 Cr.
  • Clients are medium bearish  in  future and in options they are strong bearish.
  • If we look at Global markets, US markets, European  markets and Asian markets all three markets are positive
  • Volatility index fell 2.93%, that closed at 12.25.   
  • As per open interest nifty has 24500 followed by 24200 and also 24000 has highest put writer, there is call writer at 25000.

Nifty has given 1.76% movement on last trading day. probability  of crossing the 25000 level is high within august 2nd or 3rd  week. For tomorrow, market may consolidate between 24600 to 24900. As of now bullish sentiment is there but fed rate decision and corporate Q1 results are still pending, these news may affect the market.



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28/07/2024 /1 Comment/by
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Bandhan Bank’s quarterly results looks attractive

Bandhan Bank’s latest financial report reveals significant growth and some areas of concern:

  1. Net Profit: The bank’s net profit increased significantly by 47.5%, reaching ₹1,063.5 crore compared to ₹721.1 crore in the same period last year.

  2. Net Interest Income (NII): NII, which represents the difference between the revenue generated from interest-bearing assets and the expenses associated with paying interest on liabilities, rose by 20.7%, totaling ₹3,005 crore compared to ₹2,490.6 crore year-over-year.

  3. Gross Non-Performing Assets (NPA): The Gross NPA ratio, indicating the percentage of loans that are in default or close to being in default, increased to 4.23% from 3.84% quarter-over-quarter (QoQ). In absolute terms, the Gross NPA amount rose to ₹5,304.4 crore from ₹4,785 crore.

  4. Net Non-Performing Assets (NPA): The Net NPA ratio, which is the percentage of NPAs after deducting provisions for bad loans, slightly increased to 1.15% from 1.11% QoQ. The Net NPA amount grew to ₹1,396.4 crore from ₹1,347.6 crore.

 

In summary, while Bandhan Bank experienced strong growth in net profit and NII, there was a noticeable increase in both Gross and Net NPA ratios and amounts, indicating a rise in loan defaults.

27/07/2024 /0 Comments/by
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INDIGO Quarterly results announced on 26- jul-2024

IndiGo’s Q1 results show a mixed performance:

  1. Net Profit: The company’s net profit decreased by 12%, falling to ₹2,729 crore from ₹3,091 crore compared to the same period last year.

  2. Revenue: Despite the drop in net profit, IndiGo’s revenue increased by 17%, reaching ₹19,571 crore compared to ₹16,683 crore in the previous year.

  3. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): EBITDA rose by 4% to ₹5,160 crore from ₹4,975 crore year-over-year.

  4. EBITDA Margin: The EBITDA margin, which indicates the company’s operating profitability, decreased to 26.4% from 29.8% in the same period last year.

  5. EBITDAR (Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent): EBITDAR increased by 11.5%, reaching ₹5,811 crore compared to ₹5,211 crore year-over-year.

  6. ASK (Available Seat Kilometers): ASK, a measure of an airline’s passenger carrying capacity, went up by 11%, totaling 36.3 billion from 32.7 billion in the previous year.

  7. Yield: Yield, which represents the average fare paid per kilometer per passenger, increased by 1.3%, rising to ₹5.24 compared to the previous year.

In summary, while IndiGo’s revenue and some operational metrics improved, its profitability faced challenges, reflected in the reduced net profit and EBITDA margin.

27/07/2024 /0 Comments/by