As results roll in today, some stocks are up while others are down. Andhra Bank (which is in nine stock screeners including the Risky Value screener) is struggling in share price after it posted single digit revenue growth YoY, and declining net profit growth. Packaging company UFlex also reported results, showing marginal net profit growth even as revenue growth expanded by 26.5% YoY.
The Results Dashboard indicates that 50 other companies have announced results so far today, including Venky's India, which has had a disappointing quarter, with net profit falling nearly 80% YoY. JaiPrakash Associates also continues to struggle, as the company's trendline in negative profits continue this quarter.