For 3QFY2019, Siyaram Silk Mills (SSML) posted subdued results, which were below our expectations on bottom-line fronts. Revenue grew 13% yoy. On the margin front, the company reported operating margin contraction by 98bps yoy.
For Q3FY2019, TTK Prestige (TTK) posted decent performance with 20.5%/30% yoy growth in revenue/ PAT led by 100 bps expansion led by robust growth across various product categories specially appliances and cookware.
HDFC Bank delivered steady performance for Q3FY2019, with PAT growth of 20.3% yoy. Pre-provision profit grew at healthy rate largely owing to strong other income growth (up 27.2% yoy) and contained cost (up mere 17.2% yoy).
RBL Bank (RBL), formerly Ratnakar Bank, was founded in 1943 and is a 75-year old bank now. Post induction of Mr. Vishwavir Ahuja, RBL has transformed from a small & regional bank to a new age bank with all the products and technologies that any private bank has to offer.
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this site are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither IndiaNotes nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.