ICICI Bank, Infosys, JSW Steel, Kotak Mahindra Bank, RIL, Yes Bank

Global stocks and US equity futures fell on Monday, dragged by prolonged weakness in global economy.

Asian equity bourses were volatile, including a decline in Japan and uptick in South Korea. S&P 500 and Nasdaq 100 contracts fluctuated, while those for Europe were in the red.

At 6:45 am, the Singapore-traded SGX Nifty — an early barometer of India’s benchmark Nifty 50 — fell 0.36% to 16,6464.50 points.

A dollar gauge rose, crude oil hovered around $95/barrel and Bitcoin fell towards $22,000.

Earnings Post Market Hours

RIL Q1 FY23 (Consolidated, QoQ)

• Revenue up 7.5% at Rs 2,23,113 crore

• EBITDA up 21% at Rs 37,997 crore

• EBITDA margin at 17.3% vs 15.1%

• Net profit up 8% at Rs 19,443 crore

Infosys Q1 FY23 (Consolidated, QoQ)

• Revenue up 7% at Rs 34,470 crore

• EBIT down 0.6% at Rs 6,914 crore

• EBIT margin at 20% vs 21.5%

• Net profit down 5.7% at Rs 5,360 crore

JSW Steel Q1 FY23 (Consolidated, YoY)

• Revenue up 32% at Rs 38,086 crore

• EBITDA down 58% at Rs 4,309 crore

• EBITDA margin at 11.3% vs 35.5%

• Net profit down 86% at Rs 838 crore

Finolex Industries Q1 FY23 (Consolidated, YoY)

• Revenue up 23% at Rs 1,189.81 crore

• EBITDA down 40% at Rs 125.91 crore

• EBITDA margin at 10.6% vs 21.7%

• Net profit down 32% at Rs 99.22 crore

HFCL Q1 FY23 (Consolidated, YoY)

• Revenue down 13% at Rs 1,051.02 crore

• EBITDA down 41% at Rs 109.84 crore

• EBITDA margin at 10.5% vs 15.5%

• Net profit down 42% at Rs 51.17 crore

Mahindra CIE Automotive Q1 FY23 (Consolidated, YoY)

• Revenue up 33% at Rs 2,707.2 crore

• EBITDA up 17% at Rs 304.42 crore

• EBITDA margin at 11.2% vs 12.7%

• Net profit up 39% at Rs 188.85 crore

Supreme Petrochem Q1 FY23 (Consolidated, YoY)

• Revenue up 42% at Rs 1,485.39 crore

• EBITDA up 27.5% at Rs 251.64 crore

• EBITDA margin at 17% vs 19%

• Net profit up 30% at Rs 189.09 crore

Earnings Today

Tata Steel, Tech Mahindra, Axis Bank, Canara Bank, GSK Pharma, Macrotech Developers, IIFL Wealth Management, Indian Energy Exchange, Craftsman Automation, Aether, Anupam Rasayan, Apollo Tricoat Tubes, Astec Lifesciences, Central Bank of India, Chennai Petroleum, Tejas Networks, Tanla Platforms, Supreme Industries, Sterlite Technologies, Sonata Software, Solar Industries, Sharda Cropchem, Orient Electric, Maharashtra Seamless, Maharashtra Scooters, Lakshmi Machine Works, KPIT Technologies, Jyothi Labs, Jindal Stainless