Arihant Capital Broker Research reports

Persistent Systems posted steady numbers for the quarter ended March 2017 with Rupee revenues declined by 2.5% QoQ to Rs 727 cr and inclined by 7.4% on YoY basis. Persistent Systems crosses USD 109.03 mn with growth of 8.6% YoY and declined by 0.9% QoQ. Profit Before tax dipped by 11.5% YoY and 6% QoQ to Rs 105...

HDFC Bank reported steady set of numbers. Interest Income increased by 13% YoY to Rs. 18,114 cr, while on QoQ basis it increased by 3%. Interest Expenses increased by 6% YoY, while on QoQ basis it decreased by 3% to Rs. 9,059 cr. Net Interest Income increased by 21% on YoY basis and 9% on QoQ basis to Rs. 9055 cr....

For the quarter Q4 FY17 Ultratech Cement's domestic sales volume increased by 21% to 13.35 mnt while the total volumes grew by 20% to 14.07 mnt QoQ. Realizations witnessed a steady growth on a YoY basis. Ultratech Cement's standalone revenue came in at Rs 7499 cr vs. Rs. 7284 cr, a growth of 3% on Y-o-Y basis. On consolidated basis the revenue for the quarter stood at Rs 7924 cr vs. Rs 7700 cr Y-o-Y. EBITDA margins contracted by 100 bps to 23% on Y-o-Y basis. Net profit after tax for the quarter decreased by 11.3% YoY on consolidated basis to Rs 726 cr while standalone PAT stood at Rs. 688 cr. Total...

Ambuja Cements Ltd. reported 361% rise in its net profit for the quarter ended March, 2017, which came in at Rs 247 crore vs. Rs 54 crore in corresponding quarter of the previous year owing majorly to the lower tax outgo for the quarter. Total income of the company increased by 5.4% to Rs 2,562 crore for...