Results Update

Axis Bank Ltd.: NII at Rs. 8652.5 crore, +17.4% YoY and +9.5% QoQ. Net Profit at Rs. 3614.2 crore, +223.7% YoY and +15.3% QoQ. GNPA at 3.17x, Vs 3.44x YoY and 3.53x QoQ. NNPA at 0.91x, Vs 0.74x YoY and 1.08x QoQ.

SBI Cards And Payment Services Ltd.: Net Revenue at Rs. 2889.5 crore, +20.2% YoY, and+12.2% QoQ. EBITDA at Rs. 582.1 crore, +32.8% YoY and -8.9% QoQ. EBITDA Margin at 20.1%, +190 bps YoY and -465 bps QoQ. Net Profit at Rs. 385.8 crore, +84% YoY and +11.9% QoQ. 

HDFC Asset Management Company Ltd.: Net Revenue at Rs. 549.7 crore, +14.1% YoY, and+1.4% QoQ. EBITDA at Rs. 414.4 crore, +7.4% YoY and +0.8% QoQ. EBITDA Margin at 75.4%, -466 bps YoY and -41 bps QoQ. Net Profit at Rs. 359.8 crore, -2.6% YoY and +4.5% QoQ.

Deepak Nitrite Ltd.: Net Revenue at Rs. 1722.3 crore, +39.5% YoY, and+2.4% QoQ. EBITDA at Rs. 351.9 crore, +5% YoY and -9% QoQ. EBITDA Margin at 20.4%, -671 bps YoY and -256 bps QoQ. Net Profit at Rs. 242.5 crore, +12% YoY and -4.7% QoQ. 

Shriram Transport Finance Company Ltd.: Net Revenue at Rs. 4827.9 crore, +8.8% YoY, and+2.8% QoQ. EBITDA at Rs. 3350.7 crore, +2.9% YoY and -4.4% QoQ. EBITDA Margin at 69.4%, -399 bps YoY and -519 bps QoQ. Net Profit at Rs. 686.0 crore, -6.5% YoY and -11.4% QoQ.

Supreme Industries Ltd.: Net Revenue at Rs. 1945.1 crore, +5.5% YoY, and+0.9% QoQ. EBITDA at Rs. 317.9 crore, -20.8% YoY and +2.3% QoQ. EBITDA Margin at 16.3%, -544 bps YoY and +23 bps QoQ. Net Profit at Rs. 245.7 crore, -21.3% YoY and +7.4% QoQ. 

The Ramco Cements Ltd.: Net Revenue at Rs. 1552.5 crore, +15.5% YoY, and+3.3% QoQ. EBITDA at Rs. 228.9 crore, -42.5% YoY and -42.7% QoQ. EBITDA Margin at 14.7%, -1488 bps YoY and -1185 bps QoQ. Net Profit at Rs. 75.2 crore, -63.6% YoY and -85.4% QoQ.

Indian Energy Exchange Ltd.: Net Revenue at Rs. 117.5 crore, +37.9% YoY, and+6.5% QoQ. EBITDA at Rs. 98.8 crore, +42% YoY and +4% QoQ. EBITDA Margin at 84.1%, +242 bps YoY and -203 bps QoQ. Net Profit at Rs. 80.7 crore, +38.9% YoY and +4.3% QoQ. 

Indiamart Intermesh Ltd.: Net Revenue at Rs. 188.1 crore, +8.4% YoY, and+3.1% QoQ. EBITDA at Rs. 78.8 crore, -10.3% YoY and -5.3% QoQ. EBITDA Margin at 41.9%, -868 bps YoY and -372 bps QoQ. Net Profit at Rs. 70.2 crore, -12.5% YoY and -14.6% QoQ.

Zensar Technologies Ltd.: Net Revenue at Rs. 1102.5 crore, +18% YoY, and+4.9% QoQ. EBITDA at Rs. 158.5 crore, -14.5% YoY and -1.7% QoQ. EBITDA Margin at 14.4%, -547 bps YoY and -97 bps QoQ. Net Profit at Rs. 92.4 crore, -33.6% YoY and -3.5% QoQ. 

Cera Sanitaryware Ltd.: Net Revenue at Rs. 404.5 crore, +28.1% YoY, and+0.3% QoQ. EBITDA at Rs. 66.6 crore, +54.2% YoY and +8% QoQ. EBITDA Margin at 16.5%, +279 bps YoY and +118 bps QoQ. Net Profit at Rs. 44.5 crore, +44.9% YoY and +1.1% QoQ.

Burger King India Ltd.: Net Revenue at Rs. 279.9 crore, +71.5% YoY, and+14.1% QoQ. EBITDA at Rs. 32.8 crore, +115.9% YoY and +28.2% QoQ. EBITDA Margin at 11.7%, +241 bps YoY and +130 bps QoQ. Net Profit at Rs. -15.2 crore, Rs. -29.0 crore YoY and Rs. -20.2 crore QoQ. 

Apollo Tricoat Tubes Ltd.: Net Revenue at Rs. 719.9 crore, +43% YoY, and+20% QoQ. EBITDA at Rs. 42.9 crore, -24.9% YoY and -13.9% QoQ. EBITDA Margin at 6%, -539 bps YoY and -235 bps QoQ. Net Profit at Rs. 27.7 crore, -26.8% YoY and -17.1% QoQ.

Greenpanel Industries Ltd.: Net Revenue at Rs. 424.4 crore, +33.9% YoY, and+0.5% QoQ. EBITDA at Rs. 111.1 crore, +62.4% YoY and -1.7% QoQ. EBITDA Margin at 26.2%, +459 bps YoY and -58 bps QoQ. Net Profit at Rs. 63.1 crore, +107.1% YoY and -5.9% QoQ. 

Craftsman Automation Ltd.: Net Revenue at Rs. 554.2 crore, +13.3% YoY, and-3% QoQ. EBITDA at Rs. 127.8 crore, -9.7% YoY and -11% QoQ. EBITDA Margin at 23.1%, -587 bps YoY and -208 bps QoQ. Net Profit at Rs. 37.6 crore, -13.5% YoY and -24.7% QoQ.

Sudarshan Chemical Industries Ltd.: Net Revenue at Rs. 601.8 crore, +18.8% YoY, and+20.8% QoQ. EBITDA at Rs. 72.4 crore, -9% YoY and +37.1% QoQ. EBITDA Margin at 12%, -369 bps YoY and +143 bps QoQ. Net Profit at Rs. 36.4 crore, -7.1% YoY and +59.9% QoQ.

GRM Overseas Ltd.: Net Revenue at Rs. 296.8 crore, +39% YoY, and+17.3% QoQ. EBITDA at Rs. 23.2 crore, +100.8% YoY and -26% QoQ. EBITDA Margin at 7.8%, +241 bps YoY and -458 bps QoQ. Net Profit at Rs. 26.7 crore, +350.3% YoY and +9% QoQ.

Meghmani Finechem Ltd: Net Revenue at Rs. 422.2 crore, +24.3% QoQ. EBITDA at Rs. 141.4 crore, +40.6% QoQ. EBITDA Margin at 33.5%, +388 bps QoQ. Net Profit at Rs. 69.7 crore, +48.3% QoQ. 

Kirloskar Ferrous Industries Ltd.: Net Revenue at Rs. 933.2 crore, +58.1% YoY, and-2.6% QoQ. EBITDA at Rs. 137.4 crore, -5.1% YoY and -26.2% QoQ. EBITDA Margin at 14.7%, -980 bps YoY and -470 bps QoQ. Net Profit at Rs. 81.4 crore, -31.2% YoY and -32.1% QoQ.

Steel Strips Wheels Ltd.: Net Revenue at Rs. 860.5 crore, +64.1% YoY, and-10.2% QoQ. EBITDA at Rs. 106.6 crore, +62.7% YoY and -22.2% QoQ. EBITDA Margin at 12.4%, -10 bps YoY and -191 bps QoQ. Net Profit at Rs. 42.7 crore, +48.5% YoY and -32% QoQ.