Q1 Results Highlights: Four Nifty companies — ITC, Maruti Suzuki, Sun Pharma and Bajaj Finserv — reported their results today, rounding off a week dominated by earnings. Broader market names such as Dixon Tech, Indian Oil, Glenmark Pharma, GMDC, ABB India, SJVN, GAIL and NALCO, among many others, also reported their results. The key result reactions of the day included Swiggy, Mazagon Dock, Thermax and Bajaj Finance’s earnings call and upgrades, among others.
Q1 Results Highlights: This trading week, which was one full of results, culminated with four more Nifty 50 companies reporting their earnings today, namely Sun Pharma, ITC, Maruti Suzuki and Bajaj Finserv. Indian Oil, Dixon Technologies, ABB India, Aadhaar Housing Finance, AB Capital, Aether Industries, Bajaj Holdings, Blue Dart, GAIL, NALCO, Shree Cement, Kirloskar Brothers, Star Cement, SJVN, Dhampur Sugar, Century Plyboard and Intellect Design Arena were among the other companies that reported their numbers today.
Investors also reacted to post-market earnings that came in from Tata Steel, Swiggy, Bajaj Finance, Mazagon Dock, Thermax, Global Health, Aarti Industries and AWL Agri Business, among others. Tata Steel’s June quarter was in line with estimates, with its India EBITDA/tonne at a 16-quarter high. Swiggy’s results were softer than expected, while Bajaj Finance reported a mixed quarter, with strong business growth and asset quality but earnings missing Street expectations. Mazagon Dock was steady, while Thermax missed estimates.
The day saw LIVE updates on Q1 results, brokerage views, management commentary, stock reactions and more.
HomeMarket NewsQ1 Results Highlights: IOC slips into loss; Maruti Suzuki profit beats estimates
