GIFT Nifty Hovers Near 24,200; Apollo Tyres, Lupin, Hindalco, Welspun, Tata Power in Focus as Global Markets Eye Monetary Policy

Lupin Q1 FY25 (Consolidated, YoY)

Income up 16.3% to Rs 5,600 crore versus Rs 4,814 crore (Bloomberg estimate: Rs 5,226 crore).
Ebitda up 50.1% to Rs 1,286 crore versus Rs 856 crore (Bloomberg estimate: Rs 1,055 crore).
Margin at 23% versus 17.8% (Bloomberg estimate: 20.20%).
Internet revenue up 78% to Rs 805.54 crore versus Rs 453.33 crore (Bloomberg estimate: Rs 564 crore).

Tata Energy Q1 FY25 (Consolidated, YoY)

Income up 13.7% to Rs 17,294 crore versus Rs 15,213 crore (Bloomberg estimate: Rs 16,855 crore).
Ebitda up 22% to Rs 3,587 crore versus Rs 2,944 crore (Bloomberg estimate: Rs 3,004 crore).
Ebitda margin expanded 20.7% versus 19.3% (Bloomberg estimate: 17.8%).
Internet revenue up 4% to Rs 1,189 crore versus Rs 1,141 crore (Bloomberg estimate: Rs 957 crore).

Bata India Q1 FY25 (Consolidated, YoY)

Income down 1% at Rs 945 crore versus Rs 958 crore (Bloomberg estimate Rs 1,003 crore).
Ebitda down 23% at Rs 185 crore versus Rs 239 crore (Bloomberg estimate Rs 263 crore).
Ebitda margin at 19.6% versus 24.9% (Bloomberg estimate 26.2%).
Internet revenue up 63% at Rs 174 crore versus Rs 107 crore (Bloomberg estimate Rs 119 crore).
Distinctive achieve of Rs 134 crore in present quarter on sale of land asset.

Chambal Fertilisers Q1 FY25 (Consolidated, YoY)

Income down 11.7% at Rs 4,933 crore versus Rs 5,589 crore (Bloomberg estimate Rs 4,495 crore).
Ebitda up 18.6% at Rs 751 crore versus Rs 633 crore (Bloomberg estimate Rs 589 crore).
Margin at 15.2% versus 11.3% (Bloomberg estimate 13.1%).
Internet revenue up 32.1% at Rs 448 crore versus Rs 339 crore (Bloomberg estimate Rs 366 crore).

Gujarat Fuel Q1 Y25 (Consolidated, QoQ)

Income up 7% at Rs 4,450 crore versus Rs 4,134 crore (Bloomberg estimate Rs 4,091 crore).
Ebitda down 9% at Rs 536 crore versus Rs 591 crore (Bloomberg estimate Rs 625 crore).
Ebitda margin at 12% versus 14.3% (Bloomberg estimate 15.3%).
Internet revenue down 19% at Rs 331 crore versus Rs 410 crore (Bloomberg estimate Rs 365 crore).

Cummins India Q1 FY25 Highlights (Consolidated, YoY)

Income up 4% to Rs 2,315 crore versus 2,218 crore (Bloomberg estimate Rs 2,325 crore).
Ebitda up 38% to Rs 472 crore versus Rs 342 crore (Bloomberg estimate Rs 423 crore).
Ebitda margin at 20.4% versus 15.4% (Bloomberg estimate Rs 18.20%).
Internet revenue rose 31% to Rs 463 crore versus 354 crore (Bloomberg estimate Rs 413 crore).

3M India Q1 Y25 (Consolidated, YoY)

PI Industries Q1 FY25 (Consolidated, YoY)

Income up 8% at Rs 2,069 crore versus Rs 1,910 crore (Bloomberg estimate Rs 2,134 crore).
Ebitda up 25% at Rs 583 crore versus Rs 467 crore (Bloomberg estimate Rs 559 crore).
Ebitda margin at 28.2% versus 24.5% (Bloomberg estimate 26.2%).
Internet revenue up 17% at Rs 449 crore versus Rs 383 crore (Bloomberg estimate Rs 407 crore).

Linde India Q1 FY25 (Consolidated, YoY)

Indigo Paints Q1 FY25 (Consolidated, YoY)

Income up 8% at Rs 311 crore versus Rs 288 crore (Bloomberg estimate Rs 320 crore).
Ebitda down 1.4% at Rs 47.9 crore versus Rs 48.6 crore (Bloomberg estimate Rs 57 crore).
Ebitda margin at 15.4% versus 16.8% (Bloomberg estimate 17.7%).
Internet revenue down 16% at Rs 27 crore versus Rs 32 crore (Bloomberg estimate Rs 33 crore).

Gland Pharma Q1 FY25 Highlights (Consolidated, YoY)

Income up 16% to Rs 1,402 crore versus Rs 1,209 crore (Bloomberg Estimate: Rs 1,519 crore).
Ebitda down 10% to Rs 264 crore versus Rs 294 crore (Bloomberg Estimate: Rs 359 crore).
Margin at 18.9% versus 24.3% (Bloomberg Estimate: 23.60%).
Internet revenue down 26% to Rs 144 crore versus Rs 194 crore (Bloomberg Estimate: Rs 214 crore).

EIH (Consolidated, YoY)

Income up 5.8% at Rs 527 crore versus Rs 498 crore (Bloomberg estimate Rs 546 crore).
Ebitda down 12.9% at Rs 135 crore versus Rs 155 crore (Bloomberg estimate Rs 163 crore).
Margin at 25.6% versus 31.1% (Bloomberg estimate 29.8%).
Internet revenue down 8.5% at Rs 97 crore versus Rs 106 crore (Bloomberg estimate Rs 124).

Bosch Q1 FY25 (Consolidated, YoY)

Fortis Healthcare Q1 FY25 (Consolidated, YoY)

Income up 12.2% to Rs 1,858.90 crore versus Rs 1,657.41 crore (Bloomberg estimate: Rs 1,825 crore).
Ebitda up 26% to Rs 342.52 crore versus Rs 272.46 crore (Bloomberg estimate: Rs 356 crore).
Margin expanded to 18.4% versus 16.4% (Bloomberg estimate: 19.50%).
Internet revenue up 40% to Rs 173.98 crore versus Rs 123.95 crore (Bloomberg estimate: Rs 180 crore).

Fusion Micro Finance (YoY)

Gulf Oil Lubricants Q1 FY25 (Consolidated, YoY)

Income up 10% at Rs 894 crore versus Rs 812 crore (Bloomberg estimate Rs 864 crore).
Ebitda up 23% at Rs 114 crore versus Rs 93 crore (Bloomberg estimate Rs 106 crore).
Ebitda margin at 12.8% versus 11.5% (Bloomberg estimate 12.3%).
Internet revenue up 24% at Rs 84 crore versus Rs 68 crore (Bloomberg estimate Rs 78 crore).

VIP Industries Q1 FY25 (Consolidated, YoY)

Income up 0.5% at Rs 639 crore versus Rs 636 crore (Bloomberg estimate Rs 688 crore).
Ebitda down 39.5% at Rs 49 crore versus Rs 81 crore (Bloomberg estimate Rs 80 crore).
Margin at 7.7% versus 12.7% (Bloomberg estimate 11.6%).
Internet revenue down 94.8% at RS 4 crore versus Rs 77 crore (Bloomberg estimate Rs 29 crore).

IIFL Finance Q1 FY25 (Standalone, YoY)

Complete revenue flat at Rs 1,015 crore versus Rs 1,022 crore.
Internet loss at Rs 23 crore versus revenue of Rs 151 crore (Bloomberg estimate Rs 348 crore).
Alert: Internet loss on derecognition of economic devices underneath FVTOCI class 174.11 crore versus 25.18 crore YoY.

Elantas Beck India Q2 YoY

PB Fintech Q1 FY25 (Consolidated, QoQ)

Income down 7% at Rs 1,010 crore versus Rs 1,090 crore (Bloomberg estimate Rs 871 crore).
Ebitda loss at Rs 40 crore versus Ebitda of Rs 6 crore (Bloomberg estimate internet lack of Rs 19 crore).
Internet revenue flat at Rs 60 crore (Bloomberg estimate Rs 44 crore).