Earnings to Watch Today, January 24
Several stocks across industries are set to release their quarterly results today, including:
- JSW Steel
- Hindustan Petroleum Corporation
- Bank of India
- InterGlobe Aviation (IndiGo)
- Godrej Consumer Products
- DLF
- AU Small Finance Bank
- Aditya Birla Money
- DAM Capital Advisors
- DCB Bank
- Fedbank Financial Services
- Granules India
- Jindal Saw
- Laurus Labs
- Shriram Finance
- Solara Active Pharma Sciences
- Supriya Lifescience
- Torrent Pharmaceuticals
- Trident
- Ugro Capital
Earnings to Watch Tomorrow, January 25
Expect earnings announcements from prominent stocks tomorrow, such as:
- ICICI Bank
- NTPC
- IDFC First Bank
- Yes Bank
- Balkrishna Industries
- Gujarat Ambuja Exports
- Go Fashion (India)
- JK Cement
- Macrotech Developers
- NTPC Green Energy
- SBFC Finance
- Transport Corporation of India
Quarterly Earnings Highlights
Dr. Reddy’s Laboratories (YoY)
- Profit: Up 2.5% to ₹1,413.3 crore (from ₹1,378.9 crore).
- Revenue: Increased 15.9% to ₹8,358.6 crore.
- EBITDA: Rose 8.9% to ₹2,298.2 crore.
- Margins: Fell by 180 bps to 27.5%.
Indus Towers (YoY)
- Profit: Soared 160% to ₹4,003.2 crore.
- Revenue: Increased 4.8% to ₹7,547.4 crore.
- EBITDA: Jumped 93.2% to ₹6,997.1 crore.
- Margins: Expanded sharply to 92.7% from 50.3%.
- New Initiative: Indus Towers launched pilot EV charging stocks in Gurugram and Bengaluru.
United Spirits (YoY)
- Profit: Fell 4.3% to ₹335 crore.
- Revenue: Grew 14.4% to ₹3,433 crore.
- EBITDA: Rose 16.9% to ₹568 crore.
- Margins: Marginally up by 30 bps to 16.5%.
- Exceptional Loss: ₹65 crore versus nil in the prior period.
Adani Green Energy (YoY)
- Profit: Grew 85.2% to ₹474 crore.
- Revenue: Increased 2.3% to ₹2,365 crore.
- Exceptional Loss: Reduced to ₹16 crore (from ₹100 crore).
- Tax Credit: ₹109 crore versus prior tax expense of ₹68 crore.
Hindustan Petroleum Corporation (QoQ)
- Profit: Surged 378.9% to ₹3,022.9 crore.
- Revenue: Up 10.6% to ₹1,10,505.4 crore.
Stocks to Watch
- Kotak Mahindra Bank: Completed the ₹3,330 crore acquisition of Standard Chartered India’s personal loan book.
- Jyoti Structures: Awarded a ₹741.28 crore project from PowerGrid Corporation for HVDC Bipole Line commissioning.
- Bondada Engineering: Signed an MoU with the Assam government for a 100 MW hybrid renewable energy plant with a ₹450 crore investment.
- Adani Wilmar: Commenced operations at its integrated food processing stocks plant in Haryana.
- Greenlam Industries: Began production at its chipboard facility in Andhra Pradesh with a potential annual revenue of ₹750 crore.
- HG Infra Engineering: Set up a subsidiary for a ₹763.1 crore road project in Uttar Pradesh.
Industry Updates
- Cipla: Global Chief Manufacturing Officer Rajeev Kumar Sinha has resigned, effective April 2, 2025.
- Procter & Gamble Hygiene: Changed its fiscal year from July–June to April–March, making FY25 a 9-month period.
- IndiGo Market Share: Increased to 64.4% in December from 63.6% in November.
- Spandana Sphoorty Financial: Reported a net loss of ₹440 crore, compared to a ₹127 crore profit last year.
F&O Ban
Stocks under the F&O ban include:
- Aditya Birla Fashion & Retail
- Bandhan Bank
- Can Fin Homes
- Dixon Technologies
- IndiaMART InterMESH
- L&T Finance
- Manappuram Finance
- Mahanagar Gas
- Punjab National Bank
Stay tuned for more updates on the stocks!
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