A mixed bag of quarterly results from some of India’s most-watched companies is set to guide market action today, with traders eyeing both strong earnings surprises and margin pressures.
United Spirits Feels the Margin Squeeze
United Spirits reported a 13.7% drop in net profit to ₹417 crore for the June quarter, even as revenue climbed 9.4% year-on-year to ₹2,549 crore.
The decline was largely attributed to rising input costs and higher marketing spends. EBITDA fell 9.4% to ₹644 crore, with margins narrowing to 21.3% from a year earlier.
Analysts say the topline growth is encouraging, but investors are likely to watch how quickly the company can restore profitability levels in the coming quarters.
BPCL’s Profit Surges Over 140%
Bharat Petroleum Corporation Ltd. stunned the market with a 141% year-on-year jump in net profit, reaching ₹6,839 crore in the June quarter.
Revenue growth was modest at 1.2% to ₹1.13 lakh crore, but a strong operational performance drove EBITDA up 68% sequentially to ₹10,427.66 crore.
Industry watchers point to improved refining margins and stable crude prices as key drivers, though future profitability could still hinge on global oil market swings.
Zydus Lifesciences Gets Clean USFDA Report
Zydus Lifesciences announced that the USFDA inspection at its SEZ II facility in Ahmedabad concluded without any observations — a rare outcome in the industry.
The audit, conducted from August 11-13, covered three products and current Good Manufacturing Practice (cGMP) compliance.
This “zero observations” result is expected to boost investor confidence in Zydus’s US generics pipeline, which remains a significant revenue contributor.
IRCTC Maintains Steady Growth
Indian Railway Catering and Tourism Corporation (IRCTC) posted a 7.4% rise in net profit to ₹331 crore for the June quarter.
Revenue climbed 4% year-on-year to ₹1,159.6 crore, while EBITDA grew 5.8% to ₹396 crore. Margins improved to 34.2%, reflecting operational efficiency gains.
The company’s tourism and catering segments are seeing steady recovery as passenger volumes rise, aided by increased travel demand during summer months.
Jubilant FoodWorks Sees Strong Revenue Momentum
Jubilant FoodWorks — operator of Domino’s Pizza and Dunkin’ in India — delivered a 29.5% surge in net profit to ₹66.7 crore for the quarter.
Revenue grew 18.2% year-on-year to ₹1,702 crore, driven by new store openings and higher same-store sales growth.
While cost inflation remains a factor, the company’s scale and brand strength are helping offset margin pressures, keeping it in investors’ “growth stock” basket.
