Tata Motors,, Bajaj Finserv, Larsen & Toubro, Sonata Software, Lupin

Earnings Post Market Hours

Tech Mahindra Q1 FY23 (Consolidated, QoQ)

• Revenue up 5% at Rs 12,707.9 crore Vs Rs 12,116.3 crore (Bloomberg estimate: Rs 12,524.4 crore)

• EBIT fell 12.5% at Rs 1,403.40 crore Vs Rs 1604.2 crore (Bloomberg estimate: Rs 1,514.5 crore)

• EBIT margin 11% Vs 13% (Bloomberg estimate: 12%)

• Net profit fell 25% at Rs 1131.6 crore Vs Rs 1505.7 crore (Bloomberg estimate: Rs 1215.7 crore)

Axis Bank Q1FY23

• Net interest income: Rs 9,384 crore vs Rs 7,760 crore (YoY)

• Net Profit: Rs 4,125 crore vs Rs 2,160 crore (YoY) (Bloomberg estimate: Rs 3,658 crore)

• GNPA: 2.76% vs 2.82% (QoQ)

• NNPA: 0.64% vs 0.73% (QoQ)

Tata Steel Q1 FY23 (Consolidated, YoY)

• Revenue up 19% at Rs 63,430.07 crore Vs Rs 53,465.43 crore (Bloomberg estimate: Rs 60,474.2 crore)

• EBITDA fell 7% at Rs 14,972.80 crore Vs Rs 16,110.55 crore (Bloomberg estimate: Rs 12,478 crore)

• EBITDA margin 23.6% Vs 30.1% (Bloomberg estimate: 21%)

• Net profit fell 13% at Rs 7,764.96 crore Vs Rs 8,907 crore (Bloomberg estimate: Rs 7,275 crore)

Macrotech Developers Q1 FY23 (Consolidated, YoY)

• Revenue up 67% at Rs 2,675.75 crore Vs Rs 1,605.37 crore (Bloomberg estimate: Rs 2,243.76 crore)

• EBITDA up 38% at Rs 466.69 crore Vs Rs 338.31 crore (Bloomberg estimate: Rs 501.45 crore)

• EBITDA margin 17.4% Vs 21%

• Net profit up 68% at Rs 270.8 crore Vs Rs 161 crore (Bloomberg estimate: Rs 346.2 crore)

IIFL Wealth Q1 FY23 (Consolidated, YoY)

• Revenue up 21% at Rs 460.51 crore Vs Rs 381.5 crore (Bloomberg estimate: Rs 378 crore)

• EBIT up 36% at Rs 270.09 crore Vs Rs 198.39 crore (Bloomberg estimate:176.7 crore)

• EBIT margin 59% Vs 52% (Bloomberg estimate: 47%)

• Net profit up 34% at Rs 156.58 crore Vs Rs 117 crore (Bloomberg estimate: Rs 152.1 crore)

• Approved interim dividend of Rs 15 per share of face value of Rs 2 each

• Executed share purchase agreement to acquire 91% stake in MAVM Angels Network for Rs 42 crore.

IEX Q1 FY23 (Consolidated, QoQ)

• Revenue fell 12% at Rs 98.35 crore Vs Rs 112.08 crore (Bloomberg estimate: Rs 100.23)

• EBITDA fell 15% at Rs 81.01 crore Vs Rs 94.93 crore (Bloomberg estimate: 84.15 crore)

• EBITDA margin 82.3% Vs 84.7%

• Net profit fell 22% at Rs 69.12 crore Vs Rs 88.4 crore (Bloomberg estimate: Rs 71.85 crore)

Apollo Tricoat Tubes Q1 FY23 (Consolidated, QoQ)

• Revenue fell 4.5% at Rs 793.57 crore Vs Rs 830.5 crore

• EBITDA fell 2.5% at Rs 45.15 crore Vs Rs 46.29 crore

• EBITDA margin 5.7% Vs 5.6%

• Net profit fell 0.32% at Rs 30.7 crore Vs Rs 31 crore

Chennai Petroleum Q1 FY23 (Consolidated, YoY)

• Revenue up 11.4x at Rs 27449.52 crore Vs Rs 12797.39 crore

• EBITDA up 106x at Rs 3,404.35 crore Vs Rs 291.27 crore

• EBITDA margin 12% Vs 2%

• Net profit up 407x at Rs 2357.62 crore Vs Rs 57 crore

Tejas Networks Q1 FY23 (Consolidated, QoQ)

• Revenue fell 0.6% at Rs 125.76 crore Vs Rs 126.5 crore

• Operating loss narrowed 92% at Rs 7.32 crore Vs Rs 88.11 crore

• EBITDA margin -6% Vs -70%

• Net loss narrowed 87% at Rs 6.64 crore Vs Rs 50 crore

Jindal Stainless Q1 FY23 (Consolidated, YoY)

• Revenue up 36% at Rs 5474.12 crore Vs Rs 4032.72 crore

• EBITDA fell 9% at Rs 548.65 crore Vs Rs 601.03 crore

• EBITDA margin 10% Vs 15%

• Net profit up 6% at Rs 321.32 crore Vs Rs 303 crore

Sonata Software Q1 FY23 (Consolidated, QoQ)

• Revenue up 22% at Rs 1,778.86 crore Vs Rs 1,463.63 crore

• EBIT up 35.4% at Rs 128.67 crore Vs Rs 95.03 crore

• EBIT margin 7.3% Vs 6.5%

• Net profit up 7% at Rs 107.76 crore Vs Rs 101 crore

GSK Pharmaceuticals Q1 FY23 (Consolidated, YoY)

• Revenue up 4% at Rs 729.46 crore Vs Rs 701.84 crore

• EBITDA up 12% at Rs 147.93 crore Vs Rs 131.74 crore

• EBITDA margin 20% Vs 19%

• Net profit fell 1% at Rs 118.68 crore Vs Rs 120 crore

Tanla Platforms Q1 FY23 (Consolidated, YoY)

• Revenue fell 6% at Rs 800.14 crore Vs Rs 853.05 crore

• EBIT fell 30% at Rs 121.41 crore Vs Rs 173.92 crore

• EBIT margin 15% Vs 20%

• Net profit fell 29% at Rs 100.41 crore Vs Rs 141 crore