Arihant Capital Broker Research reports

116,652 units. Its domestic volume was up 1% YoY and exports volume declined 55.8% YoY in Q1FY18. Its UV volume declined 5.1% YoY, MPV volume decreased 7.4%YoY,whileLCVsegmentwasup18.7%YoY.M&M;'sthreewheelersdeclined...

The bank's top-line performance was up as net interest income increased by 16% to Rs 801 crs compared to Rs 693 crs YoY & Rs 842 crs QoQ. Other income rose by 39% to Rs 392 crs YoY. C/I ratio for the bank dropped to 50.62% vs. 54.19% YoY and decreased sequentially by 54 bps from 51.16%. NIM contracted from 3.28% in...

Bank of Baroda reported Operating Profit of Rs. 2648 Cr in Q1 FY 2018 as against Rs. 2,669 Cr in corresponding quarter previous year, a de-growth of 0.8%. The bank reported net profit of Rs 203 crs for the quarter against profit of Rs 424 crs in...

For the quarter ended March, 2017, company reported a rise in revenue by 6.4% to Rs 1,190 cr vs. Rs 1,118 cr in the corresponding quarter of previous year. RCL continued to report robust growth in sales volume for fifth successive quarter. Meaningful demand up-tick in Southern states especially during Mar'17 and venturing into new markets led to 9.5% YoY and 14.5% QoQ growth in RCL's sales volume to 2.28mnT (including 0.03mnT exports). RCL's sales volume (including exports of 0.14mnT) grew by 19% YoY to 8.35mnT in FY17. The company faced higher operating costs and higher transportation and handling...

The Karnataka Bank Ltd for the quarter ended Q4 FY 17 reported rise in its net profit by 30% YoY to Rs 138 crs. Sequentially the profit rose by 102%. This was majorly due to higher other income which amplified by 83.3% YoY and lower...

Traditional media growth rate fell by 18% YoY for the quarter under review and sequentially the revenue growth fell by 22%. Share in revenue for traditional media stood at 73.8% vs. 83% YoY and 79.1% sequentially. Operating margins for the company fell owing to the degrowth in traditional media. EBITDA margin declined to 31.9% for the quarter under review against 34.9% in the corresponding quarter of the previous year. However margins improved from 27.6% sequentially. Profitability for the company deteriorated in comparison of both YoY and...

Hero Motocorp Ltd. revenue declined by 6.4% to Rs 6,915 cr from Rs 7,385Cr in the corresponding quarter of previous year. During quarter, company has sold 16.21 lakh units, declined by 5.8% on YoY basis and inclined by 10.1% on Q-o-Q basis. Hero Motocorp's strong point is the executive segment in the motorcycle market, but this is also the category that is increasingly being cannibalized by scooters, owing to similar price points. Company has continued to maintain leadership in Motorcycles segment. Due to lower operating leverage, Operating EBITDA margins decreased by 185...

The bank's top-line performance was up as net interest income increased by 23% to Rs 842 crs compared to Rs 686 crs YoY & Rs 791 crs QoQ. Other income rose by 19% to Rs 282 crs YoY. C/I ratio for the bank dropped to 51.16% vs. 56.78% YoY and decreased sequentially by 381 bps. NIM expanded from 3.31% in corresponding...

Axis Bank Ltd. reported major drop in Q4 FY17 net profit of 43%. The net profit stood at Rs 1225 cr for the quarter ended March, 2017 vs. Rs 2,154 cr for the same quarter in the previous year on account of higher provisioning for bad loans. However, total income of the bank has increased by 2% to Rs 11,168 cr for quarter under review vs. Rs 10,899 cr for the quarter ended March, 2017. Net Interest Income and Net Interest Margin: The Bank's Net Interest Income (NII) grew 4% YOY to 4,729 crores during Q4FY17 from 4,553 crores in Q4FY16. Net interest margin for Q4FY17 stood at 3.83%. NII for FY17...

A comprehensive product portfolio with good market acceptance of new products and steady growth in sales has enabled TVS Motor Company to post a 2.0% revenue growth during the financial year Q4FY17. During the quarter the...