Q3 Performance News Today

The CFO and MD of PVR Inox discuss the Q3 performance and plans going ahead. The decline in profitability was due to the impact of the World Cup in October and November. The Rs 35 crore provision write back was related to the closure of properties. The merger-related revenue benefits and cost synergies are already being extracted. The movie lineup includes films starring Ajay Devgn, Shahid Kapoor, Akshay Kumar, Tiger Shroff, Aamir Khan, and big South movies. The F&B segment has seen growth, ...

Consolidated revenue for the quarter came in at Rs 38,821 crore, up 1.3 percent YoY. Revenues for the quarter were marginally above analyst estimates of Rs 38,630 crore

On September 30th the third quarter of 2023 came to a close. The energy sector was the top performer. Today I look at which energy companies and subsectors performed best in Q3.

What buoyed sentiment towards the stock was the management’s Long-Range Strategy (LRS)—an annual five-year rolling strategy planning process with an execution plan of 12-24 months.

Which companies saw a turnaround in Q3 earnings It would be wise to consider sustainability of earnings before jumping the gun In the recent December quarter results, we saw a steep recovery in the earnings of India Inc-- a jump of 52.4 per cent y-o-y. Consequently, analyst and the investor communities have assigned significant re-rating to the earnings multiples of these companies. The quarter also saw a surge in the turnaround cases. Of the constituents of the BSE 500 index, 30 companies repo...