Brief Summary
This video discusses the Q1 results of several companies, including L&T, Deepak Fertilizer, Jubilant Pharma, and Volpan Corporation. It analyzes their performance year-on-year and quarter-on-quarter, highlighting key financial metrics such as total income, net profit, and margins. The video also touches on market factors and technical levels to watch for, providing insights for potential stock movements.
- L&T received a large order from the Middle East, boosting its stock.
- Deepak Fertilizer showed good overall performance with slight margin improvements.
- Jubilant Pharma's performance was weak due to a significant drop in other income.
- Volpan Corporation delivered excellent results with improved margins.
L&T's Q1 Performance and Ultra Mega Order
Larsen & Toubro (L&T), a Nifty 50 company with substantial weightage, experienced a stock rise following the announcement of an "ultra mega order" worth over ₹15,000 crore from the Middle East. The company's Q1 performance shows a solid increase in total income from ₹55,120 crore last year to ₹63,679 crore this year. While there was a drop compared to Q4, this is typical for L&T. The company maintained good margins, and net profit increased from ₹3,445 crore to ₹4,318 crore. Earning per share also increased significantly.
Deepak Fertilizer's Q1 Results
Deepak Fertilizer, which targets the chemical and fertilizer sectors, showed good performance with a total income increase from ₹2,281 crore to ₹2,659 crore year-on-year. Margins experienced a slight shrinkage of 1% on a yearly basis but improved slightly on a quarterly basis. Net profit increased from ₹200 crore to ₹244 crore, although there was a slight decline quarter-on-quarter. The fertilizer sector often sees a difference between Q4 and Q1, with Q4 generally being the best. The stock moved up by 5.5% following the results.
Jubilant Pharma's Weak Performance
Jubilant Pharma reported a weak performance. The total income increased slightly from ₹10,732 crore to ₹10,901 crore year-on-year, but there was a muted drop on a quarter-on-quarter basis. The company's margin remained flat on a yearly basis but declined significantly on a quarterly basis. The most significant gap was in other income, which dropped from ₹400-410 crore last year to only ₹12 crore this year.
Volpan Corporation's Excellent Results and Quarter Analysis
Volpan Corporation Limited delivered an excellent performance. While there was a slight decline on a quarterly basis, from ₹3,137 crores to ₹3,551 crores, the company performed well on a yearly basis. Margins improved significantly, reaching 15% compared to the previous 12-12.5%. Net profit increased from ₹248 crore to nearly ₹350 crore. The video explains that Q4 often sees higher sales and cleared dues, leading to a potential decline in Q1 for many companies.
US Market Volatility and Upcoming Updates
The US market showed volatility with the Dow Jones down by about 0.19%. NASDAQ performed slightly better, hitting its all-time high. The US market is struggling with up and down movements. The video mentions the upcoming FMC meeting and promises to provide updates in the 10:30 PM video, including global market updates and any vital market-related news.
