1 / 9Trent | The Tata Group company reported revenue growth of 14.8% during the December quarter, while its EBITDA grew by 27.6% to ₹1,081.7 crore, which was marginally higher than the CNBC-TV18 poll of ₹1,000 crore. EBITDA margin expanded by 200 basis points to 20.2% from 18.2% last year. The company said that the third quarter revenues are not entirely comparable due to early onset of festive season. It also said that they continue to navigate certain supply-chain related challenges given continuing geopolitical disturbance. Sentiments in the third quarter were muted but improving gradually and the outlook is improving over the medium-term.
2 / 9Tata Power | The management told CNBC-TV18 that the Mundra plant did not operate in Q3 impacting its performance. The company is in the final stages of signing a supplementary PPA with the Gujarat Government where only one issue is pending and a resolution is expected in a matter of weeks. The company has also not heard anything on the UP DISCOM privatization getting delayed. The company’s revenue and EBITDA were below estimates, margins were in-line, while profits were higher.
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3 / 9NHPC | The board has approved the proposal for cancellation of the MoU between NHPC and Green Energy Development Corporation of Odisha to form a JV company to implement solar power projects in Odisha. The board also approved the proposal to withdraw the nominee director of NHPC from the board of PTC India and relinquish the status and rights of NHPC as a “Promoter” of PTC. The company’s EBITDA fell 80% from last year, while margins narrowed to 9.5% from 44.4% last year. The company has had to pay ₹781.45 crore as on December 31 towards charges of Associated Transmission System (ATS) of Subansiri Lower Project due to early commissioning of the transmission system by the utility. The same has been recognized as other expenses, which impacted the operating performance during the quarter.
4 / 9Sammaan Capital | Net profit for the quarter increased by 4% to ₹314 crore from ₹302 crore last year, while revenue for the period stood at ₹2,157 crore, a growth of 7% from last year. Gross NPA stood at 1.65% from 1.91% last quarter, while Net NPA stood at 0.98% from 1.11% last quarter.
5 / 9Metropolis Healthcare | Net profit increased by 32% from last year to ₹41.4 crore. Revenue increased by 25.8% to ₹405.9 crore. EBITDA increased by 31.5% to ₹95.2 crore, while margins remained flat at 22.4%. Patient and test volumes were up 14% and 13% from last year respectively. B2C revenue were up 19%, while B2B revenue increase by 35% from last year. TruHealth and Specialty Portfolios recorded growth of 37% and 34% growth from last year.
6 / 9Marico | To acquire 60% stake in Cosmix Wellness’ paid-up share capital in-line with the company’s key strategic priorities, thereby expanding its presence in the premium food and nutrition categories by adding a digital-first functional wellness brand with a distinct and compelling proposition. Remainder of the stake will be acquired at the end of FY29 at a consideration that will be determined at that time, subject to certain milestones, approvals and terms and conditions as per the agreement. The initial stake in being acquired at an equity valuation of ₹375 crore.
7 / 9NSDL | As many as 149.2 million shares of the company, or 75% of its total outstanding will free up for trade when its six-month shareholder lock-in ends on Thursday. Based on Wednesday’s closing price, that 75% outstanding equity is valued at ₹14,875 crore.
8 / 9Cummins | Cummins reported an 11.9% year-on-year decline in net profit for Q3, at ₹453 crore compared with ₹514 crore in the same period last year. Revenue for the quarter fell slightly by 1% to ₹3,055 crore from ₹3,086 crore a year ago, while EBITDA grew 5.7% to ₹635.4 crore from ₹601 crore. EBITDA margin improved to 20.8% from 19.5% year-on-year.
9 / 9TCI | Transport Corporation of India reported a 10.4% year-on-year increase in net profit for Q3, rising to ₹130.5 crore from ₹118.2 crore in the same period last year. Revenue for the quarter grew 7.2% to ₹1,064 crore compared with ₹993.5 crore a year ago, while EBITDA increased 10.6% to ₹121.1 crore from ₹109.5 crore. EBITDA margin improved to 11.4% from 11% year-on-year.
