Results on August 11: Aurobindo Pharma, Apollo Hospitals Enterprise, Aster DM Healthcare, Bata India, Bharat Forge, Gujarat Ambuja Exports, Greaves Cotton, Garden Reach Shipbuilders & Engineers, Himadri Speciality Chemical, KNR Constructions, Page Industries, The Phoenix Mills, Puravankara, Quess Corp, Sapphire Foods India, Shilpa Medicare, Spencers Retail, Sunteck Realty, Trent, Vipul Organics, and Wonderla Holidays will be in focus ahead of June quarter earnings on August 11.
Coal India: The state-owned company’s Q1 clocked a 178 percent year-on-year growth in consolidated profit at Rs 8,834.22 crore for the quarter ended June FY23 on a low base. The June quarter FY22 earnings were affected by second Covid wave. Revenue increased 39 percent to Rs 35,092 crore compared to corresponding period of the previous year. The country’s largest coal mining company produced 159.75 million tonnes of raw coal, up 29 percent YoY and its offtake of raw coal increased by 10.6 percent YoY to Rs 177.49 million tonnes for the quarter ended June FY23.
Tata Consumer Products: The Tata Group company recorded a 38 percent year-on-year growth in profit at Rs 277 crore for the quarter ended June FY23, with revenue rising 11 percent to Rs 3,327 crore and EBITDA increasing 14 percent to Rs 460 crore compared to year-ago period. Revenue in constant currency terms increased 10 percent YoY.
Eicher Motors: The two-wheeler and commercial vehicle maker reported a 157.5 percent year-on-year growth in consolidated profit at Rs 610.66 crore for the quarter ended June FY23 supported by low base. The Q1FY22 earnings were affected by second Covid wave. Revenue grew by 72 percent to Rs 3,397.5 crore compared to corresponding period last fiscal.
Va Tech Wabag: The company recorded a 105 percent year-on-year increase in consolidated profit at Rs 29.88 crore for the quarter ended June FY23 despite weak top line and operating performance, driven by other income. Revenue fell 4 percent to Rs 631.68 crore compared to year-ago period.
Oil India: The company reported a 166 percent year-on-year growth in consolidated profit at Rs 3,230 crore in the quarter ended June FY23. Revenue grew by 86.5 percent to Rs 11,567 crore in Q1FY23, compared to Rs 6,202 crore in same period last year.
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