Q3 Result L&T, Bajaj Finserv, BPCL,Tech Mahindra, Trident

*Result at a Glance_January 30, 2023*

Larsen & Toubro Ltd.: Net Revenue at Rs. 46389.7 crore, +17.3% YoY, and+8.5% QoQ. EBITDA at Rs. 6653.5 crore, +11.2% YoY and +4.5% QoQ. EBITDA Margin at 14.3%, -78 bps YoY and -55 bps QoQ. Net Profit at Rs. 3058.5 crore, +21.5% YoY and +9.8% QoQ.

Bajaj Finserv Ltd.: NII at Rs. 18514.4 crore, +22.3% YoY and +3.8% QoQ. Net Profit at Rs. 3300.2 crore, +40.5% YoY and +10.1% QoQ.

Tech Mahindra Ltd.: Net Revenue at Rs. 13734.6 crore, +19.9% YoY, and+4.6% QoQ. EBITDA at Rs. 2144.0 crore, +4.1% YoY and +9.4% QoQ. EBITDA Margin at 15.6%, -238 bps YoY and +68 bps QoQ. Net Profit at Rs. 1285.3 crore, -6.7% YoY and -1.1% QoQ.

Bharat Petroleum Corporation Ltd.: Net Revenue at Rs. 133347.5 crore, +13.5% YoY, and+3.9% QoQ. EBITDA at Rs. 4212.6 crore, -17.4% YoY and +197.7% QoQ. EBITDA Margin at 3.2%, -118 bps YoY and +206 bps QoQ. Net Profit at Rs. 1747.0 crore, -36.7% YoY and Rs. -338.5 crore QoQ.

SRF Ltd.: Net Revenue at Rs. 3469.7 crore, +3.7% YoY, and-6.9% QoQ. EBITDA at Rs. 833.5 crore, -5.4% YoY and +8.4% QoQ. EBITDA Margin at 24%, -232 bps YoY and +339 bps QoQ. Net Profit at Rs. 510.9 crore, +1.1% YoY and +6.2% QoQ.

Bajaj Holdings & Investment Ltd.: Net Revenue at Rs. 98.4 crore, +3% YoY, and-47.5% QoQ. EBITDA at Rs. 61.6 crore, -4.4% YoY and -59.2% QoQ. EBITDA Margin at 62.6%, -485 bps YoY and -1795 bps QoQ. Net Profit at Rs. 1287.1 crore, +23.6% YoY and -3.7% QoQ.

GAIL (India) Ltd.: Net Revenue at Rs. 35940.0 crore, +37.3% YoY, and-7.2% QoQ. EBITDA at Rs. 481.9 crore, -89.6% YoY and -74.7% QoQ. EBITDA Margin at 1.3%, -1634 bps YoY and -357 bps QoQ. Net Profit at Rs. 397.6 crore, -89.5% YoY and -69.5% QoQ.

Punjab National Bank: NII at Rs. 9179.4 crore, +17.6% YoY and +11% QoQ. Net Profit at Rs. 628.9 crore, -44.2% YoY and +52.9% QoQ. GNPA at 9.76x, Vs 12.88x YoY and 10.48x QoQ. NNPA at 3.30x, Vs 4.90x YoY and 3.80x QoQ.

Laurus Labs Ltd.: Net Revenue at Rs. 1544.8 crore, +50.2% YoY, and-2% QoQ. EBITDA at Rs. 403.6 crore, +41.5% YoY and -10.1% QoQ. EBITDA Margin at 26.1%, -161 bps YoY and -236 bps QoQ. Net Profit at Rs. 202.5 crore, +30.7% YoY and -13.2% QoQ.

Trident Ltd.: Net Revenue at Rs. 1641.4 crore, -17.1% YoY, and+14.2% QoQ. EBITDA at Rs. 274.5 crore, -32.4% YoY and +93.8% QoQ. EBITDA Margin at 16.7%, -379 bps YoY and +687 bps QoQ. Net Profit at Rs. 144.2 crore, -31.7% YoY and +285.7% QoQ.

Mazagon Dock Shipbuilders Ltd.: Net Revenue at Rs. 1815.9 crore, +17% YoY, and+6.7% QoQ. EBITDA at Rs. 295.7 crore, +46.4% YoY and +151.1% QoQ. EBITDA Margin at 16.3%, +328 bps YoY and +937 bps QoQ. Net Profit at Rs. 354.2 crore, +64.6% YoY and +65.6% QoQ.

Nippon Life India Asset Management Ltd.: Net Revenue at Rs. 353.8 crore, +4.5% YoY, and+6.7% QoQ. EBITDA at Rs. 213.3 crore, +0.5% YoY and +10.2% QoQ. EBITDA Margin at 60.3%, -239 bps YoY and +192 bps QoQ. Net Profit at Rs. 205.2 crore, +17.9% YoY and -0.4% QoQ.

Exide Industries Ltd.: Net Revenue at Rs. 3538.5 crore, +6.8% YoY, and-7.9% QoQ. EBITDA at Rs. 398.2 crore, +4.7% YoY and -7.7% QoQ. EBITDA Margin at 11.3%, -23 bps YoY and +2 bps QoQ. Net Profit at Rs. 198.1 crore, 0% YoY and -17.8% QoQ.

Welspun India Ltd.: Net Revenue at Rs. 1869.2 crore, -22.7% YoY, and-11.6% QoQ. EBITDA at Rs. 193.7 crore, -37.7% YoY and +50.7% QoQ. EBITDA Margin at 10.4%, -249 bps YoY and +428 bps QoQ. Net Profit at Rs. 43.8 crore, -66.6% YoY and +426.2% QoQ.

Inox Leisure Ltd.: Net Revenue at Rs. 515.6 crore, +73.9% YoY, and+37.8% QoQ. EBITDA at Rs. 170.1 crore, +29.1% YoY and +100.4% QoQ. EBITDA Margin at 33%, -1145 bps YoY and +1031 bps QoQ. Net Profit at Rs. -40.4 crore, Rs. -1.3 crore YoY and Rs. -40.4 crore QoQ.

VRL Logistics Ltd.: Net Revenue at Rs. 681.5 crore, +13.3% YoY, and+4.1% QoQ. EBITDA at Rs. 103.3 crore, -12.1% YoY and +11% QoQ. EBITDA Margin at 15.2%, -439 bps YoY and +94 bps QoQ. Net Profit at Rs. 37.8 crore, -33.1% YoY and +23% QoQ.

Transport Corporation Of India Ltd.: Net Revenue at Rs. 966.7 crore, +15.4% YoY, and+3.7% QoQ. EBITDA at Rs. 114.4 crore, +4.8% YoY and +19.2% QoQ. EBITDA Margin at 11.8%, -120 bps YoY and +154 bps QoQ. Net Profit at Rs. 86.6 crore, +4.6% YoY and +18.6% QoQ.

CSB Bank Ltd.: NII at Rs. 349.7 crore, +15.3% YoY and +7.6% QoQ. Net Profit at Rs. 156.0 crore, +5.2% YoY and +29.4% QoQ. GNPA at 1.45x, Vs 2.62x YoY and 1.65x QoQ. NNPA at 0.42x, Vs 1.36x YoY and 0.57x QoQ.

LT Foods Ltd.: Net Revenue at Rs. 1778.5 crore, +30% YoY, and+3.1% QoQ. EBITDA at Rs. 165.8 crore, +10.1% YoY and -3.4% QoQ. EBITDA Margin at 9.3%, -168 bps YoY and -63 bps QoQ. Net Profit at Rs. 100.4 crore, +30.5% YoY and +5.2% QoQ.