Uflex Ltd. reported a good set of numbers in Q1FY19. Sales for the quarter increase by 17.4% YoY to Rs 1904.9 Cr.

Alkyl Amines Chemicals Limited is engaged in the business of specialty chemicals.

V2 Retail Ltd is one of the fastest growing retail company in India and enjoys strong brand equity from customers across segments.

Finolex Industries Ltd. (FIL) is India’s leading manufacturer of PVC Pipes & Fittings and the third largest PVC Resin manufacturer.

Net Revenues for the quarter increased by 16.3% YoY to Rs 72.2 bn, above our expectation of Rs 66.4 bn.

Sonata Software’s USD revenue from IITS business rose by a relatively subdued 1.1% QoQ to touch US$37.8mn, while in CC terms it rose by 3% QoQ, which was largely in-line with our estimate.

Despite Taro’s underperformance, Sun Pharmaceutical Industries (SUNP) has reported betterthan-expected performance in 1QFY19, led by healthy US sales (ex-Taro), strong growth in domestic business and lower YoY base.

Cadila Healthcare’s (CDH) sales/EBITDA/PAT grew (YoY basis) by 32%/133%/233% in 1QFY19 owing to lower base and higher revenue contribution of US business in 1QFY18.

NBCC has reported a mixed performance in 1QFY19. While its revenue witnessed a significant ~45% YoY growth (GST adjusted), EBITDA declined by 7% YoY and 67% QoQ to Rs547mn (significantly lower than our estimate) and EBITDA margin fell by 131bps YoY and 435bps QoQ to 3.4%

Consolidated revenue of CG Power & Industrial Solutions (CG Power) grew by 11.3% YoY to Rs14.9bn in 1QFY19 led by robust 15% YoY growth in Industrial Systems.