Several prominent companies are set to announce their Q1 FY27 results today, with Eicher Motors, Vedanta, Dabur India, and Swiggy leading the earnings announcements. According to market reports, these companies are expected to provide insights into their quarterly performance and business outlook. The earnings announcements come after Wednesday's market hours and will be closely watched by investors for key financial metrics and management commentary.
Eicher Motors has approved a significant ₹1,225 crore Phase-I greenfield expansion in Andhra Pradesh, as reported by market sources. The expansion will add up to 4.5 lakh motorcycles per year by FY30, effectively raising the total Royal Enfield capacity to 24.5 lakh units per year. Additionally, the company reported strong Q1 performance with net profit rising 21.4% to ₹1,463 crore and revenue increasing 31.5% to ₹6,632 crore compared to the previous year.
Vedanta Oil & Gas delivered strong Q1 results with net profit of ₹945 crore versus a loss of ₹103 crore in the previous year, according to post-market earnings. The company's revenue grew 8.5% to ₹2,507 crore and EBITDA increased 61.2% to ₹814 crore with margins expanding to 32.5% from 21.9%. However, Vedanta Iron & Steel reported a net profit of ₹122 crore compared to a loss of ₹1,913 crore in the previous quarter, while Vedanta Power posted a net loss of ₹423 crore despite revenue growth of 31.3% to ₹2,607 crore. The newly listed demerged entities fell up to 5.6% on Thursday after reporting their maiden quarterly earnings since being demerged from Vedanta Ltd.
Dabur India reported robust Q1 performance with net profit increasing 15% to ₹591 crore and revenue growing 10.5% to ₹3,764 crore, as reported by market sources. The company achieved volume growth of 5% and international business growth of 15% in INR terms. EBITDA rose 10.9% to ₹741 crore with margins at 19.7%. The home and personal care business grew 12.3%, food and beverage business expanded 7.2%, and healthcare business increased 5.5% during the quarter.
Three companies are set to list on the exchanges today - Xtranet Technologies, INDO-MIM, and Lohia Corp. According to market reports, Xtranet Technologies has an issue price band of ₹120-127 per share and will list on July 30. INDO-MIM is priced at ₹461-485 per share with the same listing date, while Lohia Corp is valued at ₹404-425 per share for its market debut. These listings will add new investment opportunities for market participants.
