PRE-MARKET INDIAN STOCKS NEWS: Earnings from Chochin Shipyard, Natco Pharma, NMDC, PTC Industries and Voltas

Cochin Shipyard (COCHINSHIP IS) - Co. Q1 (INR) net fell 19% Y/Y to 1.52bln, rev. rose 2.3% Y/Y to 10.94bln. (Economic Times) GMR Airports (GMRI IS) - Co. July passenger traffic rose 0.4% Y/Y to 9.31mln, domestic passenger traffic fell 0.1% Y/Y to 6.9mln, international passenger traffic rose 2% Y/Y to 2.4mln, while aircraft movements fell 1.5% Y/Y to 58,314. (Moneycontrol) Natco Pharma (NTCPH IS) - Co. Q1 (INR) net fell 57% Y/Y to 2.07bln, rev. 7.35bln (prev. 13.29bln Y/Y), with lower sales of generic cancer drug lenalidomide weighing on results. (Economic Times) NMDC (NMDC IS) - Co. Q1 (INR) net rose 2% Y/Y to 20.06bln, total income rose 1.5% Y/Y to 71.43bln, supported by growth in iron ore sales. (Economic Times) NMDC Steel (NSLNISP IS) - Co. Q1 (INR) net rose 97.6% Y/Y to 505mln, rev. rose 8.8% Y/Y to 36.62bln. (Moneycontrol) PTC Industries (PTCIL IS) - Co. Q1 (INR) net rose nearly six-fold Y/Y to 292mln, rev. rose 97.4% Y/Y to 1.92bln. (Moneycontrol) Reliance Industries (RIL IS) - Co. and Rolls-Royce announced strategic intent to partner on the design, development, manufacturing and delivery of a sovereign indigenous combat engine for India’s Advanced Medium Combat Aircraft programme. (Moneycontrol) Voltas (VOLT IS) - Co. Q4 (INR) net rose 52% Y/Y to 2.14bln, rev. rose 19% Y/Y to 46.73bln. (Economic Times)