Wednesday, September 16
InterGlobe Aviation, which operates budget airline IndiGo, will announce its Q1 earnings on Wednesday, July 30 where the company is expected to report a decline in profitability in Q1FY26 as per estimates from leading brokerages.While revenue is projected to grow modestly on a YoY basis, higher base, weaker load factors, and stable-to-soft yields are likely to drag down PAT and EBITDAR on a quarter-over-quarter basis. The market will closely monitor management’s commentary on grounded Pratt & Whitney (P&W) engine aircraft and international expansion strategies.The estimates from Nuvama Institutional Equities, Motilal Oswal Financial Services (MOFSL) and JM Financial have been taken into account. Here’s what they recommended:PATNuvama: Rs 2,773 crore, up 2% YoY and down 10% QoQM
As the much-awaited Rs 4,011.6 crore initial public offering (IPO) of National Securities Depository (NSDL) is set to open for public subscription on Wednesday, July 30, the company has listed risks associated with the IPO in its Red Herring Prospectus (RHP). These risks could potentially impact its business, the company has warned. 10 risks which investors should be mindful of:1) Business risksNSDL, which commenced operations in 1996 as the first securities depository in India, is a market infrastructure institution in the securities market in India. Apart from depository services, NSDL’s subsidiaries — NSDL Database Management Limited (NDML) and NSDL Payments Bank Limited (NPBL) — offer a range of services including database management, insurance repository solutions, payment bank
HeidelbergCement India Ltd on Tuesday reported a 20.87 per cent rise in net profit to Rs 48.23 crore for the June quarter of FY26. The company had reported a net profit of Rs 39.9 crore in the April-June quarter a year ago, according to a regulatory filing from HeidelbergCement India. Its revenue from operations rose 12.27 per cent to Rs 597.54 crore in the June quarter. The same stood at Rs 532.19 crore a year ago. "The company reported a y/y revenue increase of 12 per cent, driven by 11 per cent increase in sales volumes and 1 per cent improvement in prices," HeidelbergCement India said in its earnings statement. HeidelbergCement India's sales volume climbed 10.9 per cent to 1,254 kilo tonnes. Total expenses of HeidelbergCement India in the June quarter were at Rs 542.39 crore, up 10.5 p
