Britannia Industries (Consolidated, YoY) – Revenue up 1.14% at Rs 4,069 crore vs Rs 4,023 crore. Ebitda down 1.67% at Rs 787 crore vs Rs 801 crore. Margin down 55 bps at 19.35% vs 19.9%. Net profit down 3.76% at Rs 537 crore vs Rs 558 crore. Recommended final dividend of Rs 73.5 per share.
Titan (Consolidated, YoY) – Revenue up 20.59% at Rs 12,494 crore vs Rs 10,360 crore . Ebitda up 9.36% at Rs 1,191 crore vs Rs 1,089 crore. Margin down 97 bps at 9.53% vs 10.51%. Net profit up 4.75% at Rs 771 crore vs Rs 736 crore.
HDFC Bank: RBI has approved the re-appointment of Atanu Chakraborty as part-time chairman for 3 years effective May 5.
Dr Reddy’s announced the launch of Doxycycline capsules in the US.
Vodafone Idea to focus on expanding 4G in 17 priority circles to improve competitiveness.
Life Insurance Corp: IRDAI has allowed the company to replenish excess expenses from holders’ accounts starting Q1 FY25 under respective segments.
Aurobindo Pharma: USFDA inspected Unit II of the company’s arm’s Rajasthan facility from April 25 to May 3 and closed with 7 observations.
Adani Energy arm Adani Electricity Mumbai completed the acquisition of a 100% stake in Pointleap Projects.
Goa Carbon has temporarily shut down operations at the Odisha plant for maintenance purposes.
DCM Shriram commissioned its Caustic Soda Expansion Project in Gujarat. With this commissioning Bharuch complex will be the single largest caustic soda complex in the country thereby driving economies of scale.
CDSL Q4 Results: Cons PAT zooms 86% YoY to Rs 267 crore; revenue jumps 93%; declares dividend of Rs 22/ share
