Does anyone know the reason behind subdued topline growth (yoy) and de-growth (qoq)?
Q2 of last year also had an one-time net impact of 200 crores. If we consider that, then topline de-growth yoy as well.
Share prices have gone up looking at the non-adjusted numbers and see the profits have doubled.
Posts in category All News
NCC: Extremely undervalued (07-11-2024)
Tata Motors Q2 Preview: PAT may rise 30% YoY; revenue to be flat due to muted volumes (07-11-2024)
For the July-September 2024 period, net profit is projected to increase by 30% year-on-year, based on the average estimate of four brokerages. In contrast, revenues are expected to grow only slightly, by 0.5-1% year-on-year, due to subdued volume performance across divisions.
All E Technologies, making businesses ready for AI (07-11-2024)
Thank you. I concur with your views. Listening to their concalls somehow gave me a lot of confidence about the sincerity of the management (subjective opinion – I could be wrong).
Theoretically there should be a huge scope to service MSMEs, digitalise their business processes, implement ERPs, etc. What Mr Mian mentioned on the calls was that their ‘consultants’ do consulting and BPR work and not just implement products from the MS suite. Now what kind of value added consulting, BPR kind of work they are able to do would depend on the calibre of their personnel. I imagine it would be a challenge for a tiny company in this space to get high calibre consultants, so that would be a key constraint for them to go up the value chain. But yes, he kept emphasising that a larger share of US client mix would be the key driver for margin expansion.
Sanghvi Movers (07-11-2024)
Any inputs on this ?
Pricol limited – OEM automotive (07-11-2024)
Now there will be some consolidation for pricol in terms of business and there is also uncertainity whether company could achieve 3200 cr revenue as guided earlier by 2026 as exports just contributed 6.5 percent of revenue in this quarter
These 5 stocks saw consistently decreasing quarterly EPS (07-11-2024)
Five companies with a market cap above Rs 1,000 crore have shown a consistent decline in earnings per share (EPS) over the past five quarters, indicating ongoing financial challenges, according to StockEdge.com data.