Revati Krishna
BQ Prime
Mumbai, MH, India
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Past articles by Revati:
Godfrey Phillips Cigarette: Volumes May Rise In Single Digits Next Financial Year, Says Godfrey Phillips
Godfrey Phillips India Ltd., the maker of Marlboro brand of cigarettes, expects volumes to increase in single digits in the next financial year even as industry sales are likely to decline. That’s according to KK Modi, president at Godfrey Phillips India. The company’s market share is expected to remain slightly above 12 percent in next year, Modi told BloombergQuint in an interaction. → Read More
GAIL Q4 2018 Results: GAIL Rises On CLSA Upgrade After Q4 Earnings
Shares of GAIL (India) Ltd. rose the most in nearly three weeks after brokerage CLSA upgraded its rating on the country’s largest state-run gas processing and distribution company. → Read More
GAIL Q4 Results 2018: GAIL’s Net Profit Declines, Misses Estimates In March Quarter
GAIL quarterly performance: State-owned gas utility GAIL India Ltd.’s quarterly profit slumped, missing analyst estimates in the quarter ended March. Net profit fell 19 percent over the previous three months to Rs 1,020 crore. → Read More
HPCL Q4 Results 2018: HPCL Fourth Quarter Profit Falls But Meets Street Estimates
HPCL quarterly performance: Hindustan Petroleum Corporation Ltd.’s profit fell in the quarter ended March, but matched analyst estimates. Net profit of the state-owned oil and gas company fell 10.4 percent quarter-on-quarter. → Read More
Indostar Listing: Indostar Capital Finance Rises 6% Above IPO Price On Debut
Non-banking finance company Indostar Capital Finance Ltd. listed at a premium of 4.9 percent at Rs 600 per share on the BSE compared with its issue price of Rs 572. The stock rose as much as 6.08 percent to Rs 606.8. → Read More
HUL Q4 Results: Hindustan Unilever Hits Lifetime High As Brokerages Say Worst Of Volume Growth Over
Hindustan Unilever Ltd.’s volume growth for the quarter ended March is the “best in class”, according to brokerages. → Read More
Zee Entertainment Q4 Results 2018: Net Profit Down 85%
Zee Entertainment quarterly performance: Net profit fell 85 percent to Rs 231 crore on a year-on-year basis, the Mumbai-based media company said in its exchange filing. That compares with the Bloomberg consensus estimate of Rs 272 crore. → Read More
Indian Bank Q4 Results 2018: Indian Bank Shares Slip As March Net Profit Declines, Asset Quality Worsens
Indian Bank quarterly performance: Net profit fell 58.7 percent year-on-year to Rs 132 crore during the previous quarter, the Chennai-based lender said on Monday. That compared to Rs 290 crore estimated by analysts tracked by Bloomberg. → Read More
Jubilant FoodWorks Q4 Results 2018: Domino’s Pizza Operator’s Same-Store Sales Growth Hits Six-Year High
Jubilant FoodWorks’ net profit jumped to Rs 68 crore in the March-ended quarter from Rs 6.7 crore a year ago, the operator of Domino’s Pizza and Dunkin’ Donuts chains in India said in an exchange filing today. That’s higher than Rs 54 crore consensus estimate of analysts tracked by Bloomberg. → Read More
Ambuja Cements Q1 Profit Misses Estimates
Ambuja Cement quarterly performance: Standalone net profit rose 10.2 percent year-on-year to Rs 271.1 crore, the cement maker said in a stock exchange filing. The consensus of analyst estimates tracked by Bloomberg stood at Rs 297.3 crore. → Read More
Adani Ports and SEZ Q4 Results 2018: Adani Ports’ March Quarter Profit Declines, Missing Analyst Estimates
Adani Ports and Special Economic Zone Ltd.’s profit fell the most in four years on higher tax outgo in the quarter ended March as Mundra Port came out of tax holiday. → Read More
Equitas Small Finance Bank Expects Microfinance Portfolio To Grow At 35%
Equitas Small Finance Bank expects its micro-finance portfolio to churn a growth rate of around 30 to 35 percent over the next few years, according to Raghavan HKN, president of outreach and inclusive banking.Contribution of the micro-finance portfolio stands at 28 percent, he told BloombergQuint in a post-earnings interaction. → Read More
InterGlobe Aviation: Indigo Wipes Out 2018 Gains After Analysts Slash Price Target As Yields Disappoint
Shares of InterGlobe Aviation Ltd., parent of the budget carrier IndiGo, extended their losses today and fell as much as 20 percent— the most in more than two years—after its quarterly profit missed estimates. → Read More
HDFC Q4 Profit Jumps, Aided By One-Time Gain From Sale Of Subsidiaries
HDFC’s net profit surpassed analyst estimates for the quarter ended March.Net profit rose 39.2 percent to Rs 2,846.2 crore as compared with the same quarter last year, → Read More
RBL Bank Says On Track To Achieve Up To 35% Growth Rate By March 2020
Kolhapur-based RBL Bank Ltd. is on track to achieve a compounded annual growth rate of up to 35 percent in its advances by March 2020, MD and CEO Vishwavir Ahuja said. → Read More
UPL Q4FY18 Results: UPL’s March Quarter Profit Misses Estimates On Higher Tax Expenses
Agrochemicals maker UPL’s net profit missed analyst estimates as tax expenses rose in the quarter ended March. Net profit fell 0.7 percent to Rs 736 crore as compared to the same quarter last year → Read More
Brokerages On Axis Bank: Axis Bank Gains Most In 11 Months Despite March Quarter Loss, Brokerage Downgrade
Axis Bank Ltd. reported its first quarterly loss in the fourth quarter since listing while its asset quality deteriorated on account of the new band loan management norms by the RBI. Consequently as much as five brokerages slashed their earnings estimates for the fourth largest private lender of the country. → Read More
Yes Bank Q4 Results 2018: Yes Bank’s Q4 Net Profit Beats Estimates
The Rana Kapoor-led Yes Bank’s net profit rose 28.9 percent on a yearly basis to Rs 1,180 crore, according to its exchange filing. Analysts tracked by Bloomberg had estimated at Rs 1,085 crore. → Read More
Bharti Infratel Q4 Results 2018: Bharti Infratel Net Profit Meets Estimates In March Quarter
Bharti Infratel’s net profit rose 3.6 percent to Rs 610 crore quarter-on-quarter for three months ended March, the company said in an exchange filing. → Read More
Molasses Price: Drop In Molasses Price Unlikely To Impact Liquor Makers, Says Som Distilleries
Prices of molasses, a sugar byproduct that’s used for making alcohol, have fallen by more than half so far this year. → Read More