Stocks To Watch for Feb 4: Aditya Birla Capital, JK Cement, Nazara Tech and more (2nd part)

Aditya Birla Capital, JK Cement, Nazara Tech and Godrej Agrovet have reported their Q3 results. Here are a few stocks to watch ahead of Wednesday’s trading session.

Stocks to Watch for today
Stocks to Watch for today

GODREJ AGROVET

Godrej Agrovet recorded a net profit of ₹109.9 crore for the third quarter, which was unchanged from the same period last year. From ₹2,449 crore YoY to ₹2,718 crore, its revenue increased by 11%.

Aditya Birla Capital

In Q3, Aditya Birla Capital recorded a net profit of ₹983 crore, a 41% increase over the previous year. The quarter’s revenue increased 30% YoY to ₹14,181 crore.

NAZARA TECH

For the third quarter, Nazara Tech recorded a net profit of ₹8.8 crore, a 35.8% decrease from ₹13.7 crore during the same time the previous year. The quarter’s revenue dropped 24% to ₹406 crore from ₹534.7 crore year over year.

JK LAKSHMI CEMENT

For the third quarter, JK Lakshmi Cement reported a net profit of ₹57 crore, a 23% decrease from ₹74 crore year over year. While EBITDA climbed 2.1% to ₹205.5 crore from ₹201.2 crore, revenue jumped 6.3% to ₹1,588 crore from ₹1,496 crore. The EBITDA margin was 12.9% as opposed to 13.4% during the same time last year.

V2 RETAIL

V2 Retail’s Q3 net profit of ₹102.06 crore was 99.3% higher than its YoY profit of ₹51.19 crore. EBITDA climbed 55.8% to ₹173.68 crore from ₹111.47 crore, while revenue jumped 57.2% to ₹929.2 crore from ₹590.9 crore.

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Disclaimer: This narrative is solely intended for educational reasons. The opinions and suggestions expressed above are not those of the Times of Dalal Street, but rather those of specific analysts or broking firms. Before making any financial decisions, we suggest investors to consult with qualified specialists.

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