Aditya Birla Fashion and Retail - GM Expansion Drives Beat; Near-Term Focus on Demerge
Aditya Birla Fashion and Retail (ABFRL)’s revenue growth remained muted at ~3% YoY (in line) in 3QFY25. The growth was driven mainly by Ethnic and...
239 Views
Cello World - Muted Q3 Performance; Consumption-Led Rebound on the Horizon
CELLO reported ~5% revenue growth in 3QFY25, driven by festive demand in the first half of the quarter. However, this was offset by a slowdown in...
206 Views
Hindalco - In-Line Performance; Muted Novelis Performance Offset by Strong India Operation
3QFY25 consolidated net sales stood at INR584b (+11 YoY/flat QoQ), in line with our est. of INR595b, aided by better realization.
208 Views
IIFL Finance - Earnings Miss; Asset Quality Weakness in Unsecured and Micro-LAP
IIFL Finance (IIFL)’s 3QFY25 PAT declined ~85% YoY to INR817m. NII declined 22% YoY and ~8% QoQ to ~INR12.4b (~7% miss). Other income stood at...
209 Views
Kalpataru Projects - Delayed Payments Hurt Performance
The company continues to maintain a 20-25% market share in the T&D opportunitypipeline while it is affected in the near term by delayed payments on...
203 Views