Latest stock research reports with share price targets forecast, buy, hold, and sell recommendations along with upside. Search by company or broker name.
For Q4CY23, VBL continued its strong revenue traction and reported a revenue net of excise of INR 26,677 Mn, a growth of 20.5% YoY. The YoY growth was supported by strong double-digit volume growth (+18.0% YoY) and realization improvement (+1.9% YoY). Revenue declined by 31.1% QoQ due to seasonality, with volumes declining by 29.1% QoQ and net realization declining by 2.8% QoQ.
For Q3FY24, GCPL’s revenue grew by 1.7% YoY/ 1.6% QoQ to INR 36,596 Mn. Volume/ constant currency revenue growth was 8.0%/ 19.0% YoY, respectively. Organic growth was 5.0% in terms of volumes, 15.0% in terms of constant currency revenue and -2.0% in terms of INR revenue.
