Overview
- More than 700 companies released July–September results on Nov. 13–14, with consumer prints mixed as Jubilant Foodworks’ profit tripled to Rs 186 crore and Marico’s stayed flat with margin pressure.
- Eicher Motors posted PAT of Rs 1,369 crore on 45% revenue growth, with Royal Enfield recording a quarterly sales peak of 3,27,067 motorcycles and VECV improving volumes and profit.
- Hero MotoCorp delivered revenue and profit growth near 16% and sold 16.91 lakh units, with management citing a lift from GST changes plus festive buying.
- Voltas’ revenue fell 10% and net profit slid 74% to Rs 34.3 crore as early monsoon and GST-related deferments hurt offtake, compressing EBITDA margin to 3%.
- Tata Motors’ newly listed commercial-vehicle company reported a Rs 867 crore consolidated net loss driven by ~Rs 2,026 crore mark-to-market losses on Tata Capital, even as CV volumes rose 12% and the IVECO acquisition progressed through approvals.