Stocks in Focus on May 13: TaMo, L&T, SBI, Eicher Motors, Windlas Biotech & More

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Stocks in Focus on May 13: TaMo, L&T, SBI, Eicher Motors, Windlas Biotech & More

By Malvika Gurung

Investing.com -- Tata Motors (NS: TAMO ): The automaker's consolidated loss fell 86.4% YoY and 31.9% QoQ to Rs 1,032.84 crore in the March quarter, while revenue declined 11.5% YoY to Rs 78,439 crore. EBITDA margin slipped 320 bps to 11.2% in the period.

L&T (NS: LART ): The company’s consolidated net profit gained 10% YoY to Rs 3,620.7 crore in Q4, missing the Street’s estimate. Its consolidated revenue grew 10% YoY to Rs 52,851 crore, and its operating profit margin stood at 12.34%, rising sequentially but falling on a YoY basis.

Aditya Birla Capital (NS: ADTB ): The company’s consolidated PAT rose 20% YoY to Rs 450 crore and revenue grew 18% YoY to Rs 6,962 crore in the March quarter.

Vodafone Idea (NS: VODA ): The beleaguered telco expects the Government to complete the conversion of dues amounting to about Rs 16,100 crore into a 33% stake in the upcoming weeks.

RBL Bank (NS: RATB ): The private lender’s net profit jumped 162.7% YoY to Rs 197.8 crore in Q4. Its asset quality improved in the quarter, with GNPA and gross slippages declining.

Apollo Tyres (NS: APLO ): The tyre manufacturer’s net profit declined 61% YoY to Rs 113 crore and revenue rose 11% YoY to Rs 5,578 crore in Q4 FY22.

Ujjivan Small Finance Bank (NS: UJJI ): The lender’s net profit declined 7% YoY to Rs 126.5 crore, while NII surged 48% YoY to Rs 548 crore in Q4 FY22.

Windlas Biotech (NS: WINL ): The pharma company’s net profit jumped 150.7% YoY to  Rs 14.79 crore in the March quarter and sales rose 14.34% YoY.

Companies including SBI (NS: SBI ), Eicher Motors (NS: EICH ), Escorts (NS: ESCO ), Bank of Baroda (NS: BOB ), Bandhan Bank (NS: BANH ), Tech Mahindra (NS: TEML ), and Nazara Technologies (NS: NAZA ), among others, will release their March quarter earnings report on Friday.

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