Stocks to track in trade for August 4: InterGlobe Aviation, Wipro, Adani Wilmar, Hindalco, Voda Idea, Lupin

AU Small Finance opens QIP at a floor price of Rs 590.84 per share; Nokia extends strategic alignment with Wipro to drive business transformation and efficiencies in global business services.
Stocks to track in trade for August 4: InterGlobe Aviation, Wipro, Adani Wilmar, Hindalco, Voda Idea, Lupin.

Stocks to track in trade for August 4: InterGlobe Aviation, Wipro, Adani Wilmar, Hindalco, Voda Idea, Lupin.

EARNINGS UPDATE:
InterGlobe Aviation (Standalone; QoQ)
Revenue up 60% to Rs. 12855 cr vs Rs. 8021 cr
EBTIDAR higher at Rs. 663 cr vs Rs. 103 cr
EBITDAR Margin at 5.2% vs 1.3%
Net loss of Rs. 1,065 cr vs Net loss of Rs. 1680 cr
Vodafone Idea (Consolidated; QoQ)
Revenue up 1.7% to Rs. 10410 cr vs Rs. 10240 cr
EBITDA down 7% to Rs. 4328 cr vs Rs. 4649 cr
EBITDA Margin at 41.6% vs 45.4%
Net loss at Rs. 7296 cr vs Net loss of Rs. 6563 cr
ARPU up 3% to Rs. 128 vs Rs. 124
Customer base at 24 cr vs 24.4 cr
Gujarat Gas (Standalone; QoQ)
Revenue up 11% to Rs. 5170 cr vs Rs. 4669 cr
EBITDA down 13% to Rs. 607 cr vs Rs. 697 cr
EBITDA Margin at 11.7% vs 14.9%
Net profit down 14% to Rs. 381 cr vs Rs. 444 cr
Total volumes down 1.4% to 9.8 mmscmd vs 9.9 mmscmd
Hindalco Industries (YoY)
Novelis Q1 Highlights
Q1FY23 Adjusted EBITDA per ton at $583 strongly bouncing back after challenging Q4FY22
Broad, stable product portfolio capitalizing on solid demand across end markets
Net Income from Continuing Operations $307 mn vs $303 mn YoY
Sales up 32% to $5.1 billion
Total FRP Shipments down 1% to 962kt
Adani Wilmar (Consolidated, YoY)
Revenue at Rs. 14,731 cr vs Rs. 11,311 cr, up 30.2%
Net Profit at Rs. 193 cr vs Rs. 175 cr, up 10.3%
Reported EBITDA at Rs. 496 cr vs Rs. 435 cr, up 14%
EBITDA Margin 3.3% vs 3.8%
Volume grows 15% YoY
Food & FMCG revenue of Rs. 860 Crore for the quarter
Edible Oil: Volumes grew 6% YoY at 0.70 MMT
Food & FMCG: Volumes grew 53% YoY to reach 0.19 MMT
Lupin (Consolidated; YoY)
Revenue down 12.3% at Rs. 3744 cr vs Rs. 4270 cr
Net loss at Rs. 89 cr vs Net Profit Rs. 542 cr
EBITDA down 82.2% at Rs. 165 cr vs Rs. 927 cr
Margins at 4.4% vs 21.7%
Forex losses and higher input costs impacts numbeRs.
PI Industries (Consolidated; YoY)
Revenue up 29.2% at Rs. 1543 cr vs Rs. 1194 cr
Net profit up 40.1% at Rs. 262 cr vs Rs. 187 cr
EBITDA up 39% at Rs. 346 cr vs Rs. 249 cr
Margins at 22.4% vs 20.9%
Confident of delivering 20%+ revenue growth in FY23
Redington (India) (Consolidated; YoY)
Revenue at Rs. 16803 cr vs Rs. 13454 cr, up 24.9%
Net Profit at Rs. 316 cr vs Rs. 237 cr, up 33.3%
EBITDA at Rs. 461 cr vs Rs. 344 cr, up 34%
EBITDA % at 2.74% vs 2.56%
Gulf Oil Lubricants (Consolidated; QoQ)
Revenue at Rs. 706 cr vs Rs. 639 cr, up 10.5%
Net Profit at Rs. 55 cr vs Rs. 63 cr, down 12.7%
EBITDA at Rs. 84.8 cr vs Rs. 88.7 cr, down 4.4%
EBITDA % at 12.01% vs 13.8%
Adani Transmission (Consolidated, YoY)
Revenue at Rs. 3049 cr vs Rs. 2499 cr, up 22%
Net Profit at Rs. 168 cr vs Rs. 433 cr, down 61.2%
Reported EBITDA at Rs. 1326 cr vs Rs. 1496 cr, down 11.4%
EBITDA Margin 43.5% vs 31.3%
KEC International (Consolidated, YoY)
Revenue at Rs. 3318 cr vs Rs. 2540 cr, up 30.6%
Net Profit at Rs. 31 cr vs Rs. 46 cr, down 32.6%
Reported EBITDA at Rs. 168 cr vs Rs. 160 cr, up 5%
EBITDA Margin 5.1% vs 6.3%
YTD FY23 order inflow came in at Rs. 3470 cr. FY22 order inflows were Rs. 17200 cr.
Order book at 1QFY23-end stands at Rs. 23720 cr (+16% YoY, flat QoQ, ~1.6x TTM sales)
CORPORATE ANNOUNCEMENTS
AU Small Finance
Opened QIP at a floor price of Rs. 590.84/share; Bloomberg says its offering 28.1 million shares in QIP
Promoter intends to sell 75 lakh shares post QIP at or above the finalised price of QIP
Post this stake sale, promoter shareholding will be at 27.02% (Pre-Proposed QIP). As per SFB licensing norms, Promoter shareholding needs to be brought down to 26% in 12 yeaRs. post commencement of business of the bank. AUBANK is on course to meet these guidelines
Wipro
Nokia Extends Strategic Alignment with Wipro to Drive Business Transformation and Efficiencies in Global Business Services
JMC Projects (India)
Approved re-appointment of Shailendra Kumar Tripathi as MD & CEO wef October 22
Appoints Vikram Singhvi as CFO
Som Distilleries and Breweries
Beer sales in the state of Uttar Pradesh in July, 2022 approximately up 75% on MoM basis
S.P. Apparels
Board to consider proposal of buyback on 11 Aug
Ruby Mills
To consider issue of bonus share on 10 Aug
Speciality Restaurant
To demerge the leasehold land in Orissa into a separate unit - Speciality Hotels India. To develop the land and set up a separate business of food park.
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