PRE-MARKET INDIAN STOCKS NEWS: Earnings from Bharti Airtel & Tata Motors Commercial Vehicles

Bharti Airtel (BHARTI IS) - Co. Q4 (INR) net fell 33.54% Y/Y to 73.3bln, rev. rose 15.68% Y/Y to 553.8bln, dividend INR 24. (Moneycontrol)Bharti Hexacom (BHARTIHE IS) - Co. Q4 (INR) net fell 4.6% Y/Y to 4.5bln, rev. rose 5.4% Y/Y to 24.1bln. (Moneycontrol)Crompton Greaves Consumer Electricals (CROMPTON IS) - Co. Q4 (INR) net loss 5.3bln due to impairment of its investment in Butterfly, compared with profit of 1.7bln Y/Y. (Moneycontrol)Lupin (LPC IS) - Co. received US FDA approval for Famotidine Injection, which is used to treat stomach ulcers and acidity and is considered equivalent to Merck's Pepcid Injection. (Moneycontrol)Oil India (OINL IS) - Co. Q4 (INR) standalone net rose 12.51% Y/Y to 17.9bln, supported by a 6% increase in crude oil production and higher oil prices. (Moneycontrol)Tata Motors Commercial Vehicles (TMCV IS) - Co. Q4 (INR) consolidated profit rose 35% Y/Y to 18.0bln, rev. rose 19% Y/Y to 261.0bln, operating profit margin increased 150bps to 13.1%, dividend INR 4. (Moneycontrol)Zydus Lifesciences (CDH IS) - Co. will acquire US specialty pharma company Assertio Holdings for USD 166.4mln, or USD 23.5/shr, in an all-cash deal. (Moneycontrol)Other NewsIndia's government banned sugar exports with immediate effect until September 30th to control domestic prices. (Moneycontrol)