Shoppers stop in their tracks as HDFC AMC among 11 companies to announce financial results on January 14th

Tuesday, January 14th will be another busy day in the ongoing third quarter earnings season, with up to 11 companies scheduled to release their financial statements for the year ending December 2024.

The day’s lineup includes HDFC Asset Management Company Ltd., Shoppers Stop Ltd., Hathway Cable & Datacom Ltd., and more. Below is a list of companies that announced their third quarter results on January 14th.

Atisay Ltd., Benares Hotels Ltd., Golkunda Diamonds & Jewelery Ltd., Hathway Cable & Datacom Ltd., HDFC Asset Management Company Ltd., Network18 Media & Investments Ltd., Shoppers Stop Ltd., Sayaji Hotels (Pune) Ltd., Sita Enterprises Ltd., SRM Energy Ltd., and Swastik Safe Deposit & Investments Ltd.

Ahead of the earnings release, let’s take a look at how some of these companies performed for the previous September 2024 quarter.

HDFC Asset Management Company reported a 38% increase in operating revenue for the quarter ended September 2024. The company’s revenue stood at Rs 887.3 million in Q2 FY25 compared to Rs 643.1 million in the year-ago period. Net profit increased 32% year-on-year from Rs 437.6 million in 2QFY254 to Rs 576.9 million in 2QFY25.

Shoppers Stop reported a net loss of Rs 20.59 billion for the quarter ended September, against a profit of Rs 2.73 billion in the year-ago period. Revenue rose 7.3% year-on-year to Rs 1,114.87 million.

• Revenue increased by 7.3% to Rs 1,114.87 crore against Rs 1,039.12 crore.

• Net loss was 205.9 billion rupees, profit 2.73 billion rupees

• EBITDA decreased by 7% to Rs 149.83 million against Rs 160.92 million.

• Margin is 13.4% vs. 15.5%

Cable TV distribution company Hathway Cable & Datacom Ltd reported 28.7% year-on-year increase in net profit for the second quarter ended September 30, 2024 to Rs 2,578 crore from Rs 2,003 crore in the previous quarter. I did. year.

• Revenue increased by 5.98% to Rs 512.74 million against Rs 483.79 million.

• Net profit rose 28.7% to Rs 25.78 billion from Rs 20.03 billion.

• HCLTech Q3 Results – HCL Technologies Ltd’s net profit for the December 2024 quarter rose 8.4% quarter-on-quarter to Rs 4,591 crore, according to the consolidated financial results released on Monday. The revenue the company posted is in line with consensus estimates of analysts tracked by Bloomberg.

• Delta Corp.’s third-quarter results: Gaming company Delta Corp. Limited’s third-quarter profit increased slightly, but its earnings and earnings before interest, taxes, depreciation, and amortization decreased. The casino and hospitality services operator’s consolidated net profit rose 3.6% year-on-year to Rs 357 billion from Rs 345 billion in the three months ended December, according to a stock exchange filing.