Trending Stocks: Zomato, Eveready, ITC, Pfizer and others in news today

Zomato

The online food delivery company reported a consolidated
loss of Rs 186 crore for the quarter ended June 2022, which narrowed compared
to a loss of Rs 360.7 crore in the consolidated period of previous fiscal and a
loss of Rs 360 crore in the fourth quarter of fiscal 2023. It was backed by
other income that more than doubled to Rs 168.1 crore from Rs 72.2 crore year
on year. Revenue surged by 67.4% year-on-year and 16.67% quarter-on-quarter to
Rs 1,413.9 crore during the April-June quarter.

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Eveready Industries

The battery and flashlights maker reported decline of 27.48%
in its consolidated net profit at Rs 21.85 crore for the quarter ended June 30,
2022. The company had posted a net profit of Rs 30.13 crore in the year-ago
period. Its revenue from operations was up 18.87% to Rs 335.38 crore during the
reported quarter as against Rs 282.14 crore in the year-ago period.

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ITC

The company reported a 38.3% year-on-year increase in
standalone profit at Rs 4,169.4 crore for the quarter ended June 2022, on the
back of strong topline and operating performance. Revenue surged by 41.4%
year-on-year to Rs 18,320 crore during the April-June quarter of fiscal 2023
with growth across segments. EBITDA grew 41.5% year-on-year to Rs 5,647.2 crore
in the reported quarter.

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Pfizer

The company has received Rs 180.48 crore from Mylan after
it transferred Upjohn business (primarily off-patent branded and generic
established medicines business) comprising six brands which included Lyrica,
Viagra, Celebrex, Amlogard, Daxid, and Dilantin along with related business
assets and liabilities to Mylan.

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Castrol India

The company posted a 47.3% year-on-year growth in net
profit at Rs 206.26 crore for the April-June quarter of fiscal 2023 despite
higher input costs, driven by strong top-line and operating performance.
Revenue surged 40% year-on-year to Rs 1,241.71 crore during the reported
quarter.

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Eicher Motors

The company posted a sale of 5,982 units in the commercial
vehicle segment in July 2022, up 40.1% against 4,271 units sold in the year-ago
period. Domestic sales increased 51% to 5,360 units but exports declined 22% to
501 units in the reported month.

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Nelcast

The ductile and grey iron castings producer has reported a
283.5% year-on-year growth in profit at Rs 7.8 crore for the first quarter of
fiscal 2023, driven by healthy operating performance and top line. Revenue
increased by 60% to Rs 295.2 crore with growth in volumes and better
realisation. EBITDA grew 60.4% to Rs 23.3 crore during the reported quarter.

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NMDC

The mineral producer reported a decline in monthly
production of iron ore at 2.05 million tonnes in July 2022, from 3.06 million
tonnes in July 2021. Sales declined to 2.95 million tonnes from 3.29 million
tonnes during the same period.

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Kansai Nerolac Paints

The firm recorded a 36.5% year-on-year rise in consolidated
profit at Rs 152 crore in the quarter ended June 2022 despite a sharp jump in
input cost, on the back of operating performance and top line. Revenue grew by
46% year-on-year to Rs 2,051.40 crore during the same quarter.