Hero MotoCorp Q1 Profit Gains On Better Selling Prices; LIC Net Profit Surges — Earnings Wrap

Hero MotoCorp Q1 FY24 (Standalone, YoY)

• Revenue rises 4% to Rs 8,767.3 crore vs. Rs 8,392.5 crore (Bloomberg estimate: Rs 8,958 crore).

• Net profit is up 32% at Rs 824.7 crore vs. Rs 624.5 crore (Bloomberg estimate: Rs 876 crore).

• Ebitda up 28% at Rs 1,206.2 crore vs. Rs 940.8 crore (Bloomberg estimate: Rs 1,185 crore).

• Margin at 13.8% vs. 11.2% (Bloomberg estimate: 13.2%).

LIC Q1 FY24 (Standalone, YoY)

• Net profit is up 1,298% to Rs 9,544 crore vs. Rs 683 crore.

• Revenue rose 12% to Rs 1.89 lakh crore vs. Rs 1.69 lakh crore (Bloomberg estimate: Rs 1.28 lakh crore).

• VNB is down 7% at Rs 1,302 crore vs. Rs 1,397 crore.

• VNB margin at 13.7% versus 13.6%

Biocon Q1 FY24 (Consolidated, YoY)

• Revenue up 60% at Rs 3,423 crore vs. Rs 2,140 crore (Bloomberg estimate: Rs 3,355 crore).

• Net profit is down 30% at Rs 101 crore vs. Rs 144 crore (Bloomberg estimate: Rs 157 crore).

• Ebitda up 79% at Rs 714 crore vs. Rs 399 crore (Bloomberg estimate: Rs 829 crore).

• Margin at 20.9% vs. 18.7% (Bloomberg estimate: 24.7%).

Container Corp. Q1 FY23 (Consolidated, YoY)

• Revenue fell 3.5% to Rs 1,923 crore vs. Rs 1,994 crore.

• Ebitda declined 17% to Rs 395.82 crore vs. Rs 478.81 crore.

• Ebitda margin at 20.6% vs. 24%

• Net profit fell 17% to Rs 245.19 crore vs. Rs 296.83 crore (Bloomberg estimate: Rs 301 crore).

Mazagon Dock Shipbuilders Q1 FY24 (Consolidated, YoY)

• Revenue declined 2.58% to Rs 2,172.76 crore vs. Rs 2,230.32 crore.

• Ebitda down 1.14% at Rs 171.69 crore vs. Rs 173.68 crore.

• Margin at 7.9% vs. 7.78%.

• Net profit is up 39.84% at Rs 314.34 crore vs. Rs 224.78 crore.

Sanofi India Q2 CY23 (Consolidated, YoY)

• Revenue down 51.05% at Rs 706.1 crore vs. Rs 1,442.6 crore.

• Ebitda down 56.33% at Rs 178.2 crore vs. Rs 408.1 crore.

• Margin at 25.23% vs. 28.2%.

• Net profit is down 60.77% at Rs 122.9 crore vs. Rs 313.3 crore.

NCC Q1 FY24 (Consolidated, YoY)

• Revenue up 31.88% at Rs 4,380.39 crore vs. Rs 3,321.35 crore.

• Ebitda rose 32.91% to Rs 409.21 crore vs. Rs 307.87 crore.

• Margin at 9.34% vs. 9.26%.

• Net profit is up 33.57% at Rs 174.36 crore vs. Rs 130.54 crore.

Chemplast Sanmar Q1 FY24 (Consolidated, YoY)

• Revenue down 29.39% at Rs 996.41 crore vs. Rs 1,411.3 crore.

• Net loss of Rs 63.97 crore vs. net profit of Rs 40.59 crore

• Ebitda loss of Rs 34.52 crore vs. Ebitda profit of Rs 194.14 crore

Steel Authority of India Q1 FY24 (Consolidated, YoY)

• Revenue up 1% at Rs 24,359.10 crore vs. Rs 24,028.62 crore (Bloomberg estimate: Rs 23,607.5 crore).

• Net profit is down 74% at Rs 212.48 crore vs. Rs 804.5 crore (Bloomberg estimate: Net loss of Rs 67.27 crore).

• Ebitda down 28% at Rs 1,648.82 crore vs. Rs 2,301.55 crore (Bloomberg estimate: Rs 1,518.60 crore).

• Ebitda margin at 6.8% vs. 9.6% (Bloomberg estimate: 6.4%).

MTAR Technologies Q1 FY24 (Consolidated, YoY)

• Revenue up 67.6% at Rs 152.56 crore vs. Rs 91.01 crore.

• Ebitda up 38.3% at Rs 34.52 crore vs. Rs 24.95 crore.

• Ebitda margin at 22.63% vs. 27.42%

• Net profit is up 25.4% at Rs 20.34 crore vs. Rs 16.22 crore.

Kirloskar Oil Engines Q1 FY24 (Consolidated, YoY)

• Revenue up 29.5% at Rs 1,543.37 crore vs. Rs 1,191.41 crore.

• Ebitda rose 52.7% to Rs 264.18 crore vs. Rs 173.03 crore.

• Ebitda margin at 17.12% vs. 14.52%

• Net profit is up 53% at Rs 125.53 crore vs. Rs 82.06 crore.

Apollo Micro Systems Q1 FY24 (Consolidated, YoY)

• Revenue up 2.5% at Rs 57.69 crore vs. Rs 56.27 crore.

• Ebitda rose 28.8% to Rs 12.74 crore vs. Rs 9.89 crore.

• Ebitda margin at 22.09% vs. 17.58%

• Net profit is up 1% at Rs 1.65 crore vs. Rs 1.64 crore.

Oriental Aromatics Q1 FY24 (Consolidated, YoY)

• Revenue down 16.2% at Rs 195.69 crore vs. Rs 233.55 crore.

• Ebitda down 94.4% at Rs 0.92 crore vs. Rs 16.42 crore.

• Ebitda margin at 0.47% vs. 7.03%

• Net loss of Rs 6.05 crore vs. net profit of Rs 8.41 crore

Torrent Power Q1 FY24 (Consolidated, YoY)

• Revenue up 12.6% at Rs 7,327.62 crore vs. Rs 6,510.31 crore (Bloomberg estimate: Rs 7,033 crore).

• Ebitda up 11.7% at Rs 1,184.78 crore vs. Rs 1,060.42 crore (Bloomberg estimate: Rs 1,289.77 crore).

• Ebitda margin at 16.17% vs. 16.29% (Bloomberg estimate: 17.40%)

• Net profit is up 6% at Rs 532.28 crore vs. Rs 502.01 crore (Bloomberg estimate: Rs 592.50 crore).

NBCC India Q1 FY24 (Consolidated, YoY)

• Revenue up 6.6% at Rs 1,917.87 crore vs. Rs 1,799 crore.

• Ebitda up 9.1% at Rs 57.16 crore vs. Rs 52.37 crore.

• Ebitda margin at 2.98% vs. 2.91%

• Net profit of Rs 77.41 crore vs. net loss of Rs 4.85 crore

Ashoka Buildcon Q1 FY24 (Consolidated, YoY)

• Revenue up 3% at Rs 1,935.16 crore vs. Rs 1,879.38 crore.

• Ebitda down 2.4% at Rs 473.30 crore vs. Rs 484.78 crore.

• Ebitda margin at 24.46% vs. 25.79%

• Net profit is down 46.5% at Rs 71.98 crore vs. Rs 134.66 crore.

Paramount Communications Q1 FY24 (Consolidated, YoY)

• Revenue up 28.6% at Rs 210.54 crore vs. Rs 163.73 crore.

• Ebitda up 1.15 times at Rs 16.78 crore vs. Rs 7.79 crore.

• Ebitda margin at 7.97% vs. 4.76%

• Net profit is up 1.06 times at Rs 14.53 crore vs. Rs 7.03 crore.

Global Health Q1 FY24 (Consolidated, YoY)

• Revenue up 25.2% at Rs 773.04 crore vs. Rs 617.45 crore.

• Ebitda up 34.2% at Rs 177.88 crore vs. Rs 132.55 crore.

• Ebitda margin at 23.01% vs. 21.47%

• Net profit is up 73.7% at Rs 102.01 crore vs. Rs 58.71 crore.

HealthCare Global Enterprises Q1 FY24 (Consolidated, YoY)

• Revenue up 12.9% at Rs 459.71 crore vs. Rs 407.31 crore.

• Ebitda up 2.7% at Rs 73.34 crore vs. Rs 71.42 crore.

• Ebitda margin at 15.95% vs. 17.53%

• Net profit is up 47.2% at Rs 3.65 crore vs. Rs 2.48 crore.

GR Infraprojects Q1 FY24 (Consolidated, YoY)

• Revenue down 7.9% at Rs 2,478.23 crore vs. Rs 2,692.15 crore.

• Ebitda declines 11.6% to Rs 607.36 crore vs. Rs 687.04 crore.

• Ebitda margin at 24.51% vs. 25.52%

• Net profit is down 23.5% at Rs 309.84 crore vs. Rs 404.86 crore.

BMW Industries Q1 FY24 (Consolidated, YoY)

• Revenue up 16.1% at Rs 157.52 crore vs. Rs 135.68 crore.

• Ebitda up 36.9% at Rs 36.69 crore vs. Rs 26.79 crore.

• Ebitda margin at 23.29% vs. 19.75%

• Net profit is up 80.5% at Rs 15.57 crore vs. Rs 8.63 crore.

Orchid Pharma Q1 FY24 (Consolidated, YoY)

• Revenue up 39.6% at Rs 182.92 crore vs. Rs 130.99 crore.

• Ebitda up 77.9% at Rs 22.14 crore vs. Rs 12.45 crore.

• Ebitda margin at 12.10% vs. 9.50%

• Net profit of Rs 9.40 crore vs. net loss of Rs 15.01 crore

Dollar Industries Q1 FY23 (Consolidated, YoY)

• Revenue down 9.2% at Rs 328.24 crore vs. Rs 361.67 crore.

• Ebitda down 27.2% at Rs 27.11 crore vs. Rs 37.22 crore.

• Ebitda margin at 8.6% vs. 10.26%

• Net profit is down 43.9% at Rs 15.13 crore vs. Rs 26.97 crore.

Ugar Sugar Works Q1 FY24 (Consolidated, YoY)

• Revenue down 41.6% at Rs 217.67 crore vs. Rs 372.78 crore.

• Ebitda drops 75% to Rs 6.12 crore vs. Rs 24.46 crore.

• Ebitda margin at 2.81% vs. 6.56%

• Net loss of Rs 9.14 crore vs. net profit of Rs 5.74 crore