PRE-MARKET INDIAN STOCKS NEWS: Earnings releases including Tata Motors Passenger Vehicles and JSW Cement
Q1 FY2027 Indian earnings show strong growth for Indigo Paints and Welspun Living, while Tata Motors faces a profit drop. LG Electronics India maintains growth ahead of its planned IPO.
News detail
Ashoka Buildcon (ASBL IS) - Co. submitted a bid for a project to REC Power Development and Consultancy Limited. (Economic Times) Indigo Paints (INDIGOPNTS IS) - Co. Q1 (INR) net rose 60% Y/Y to 417mln, rev. rose 19.7% Y/Y to 3.70bln. (Economic Times) JSW Cement (JSWCEMENT IS) - Co. Q1 (INR) net 1.61bln (prev. loss 13.56bln Y/Y), rev. rose 21.6% Y/Y to 18.96bln. (Moneycontrol) LG Electronics India (LGEL IS) - Co. Q1 (INR) net 6.53bln (prev. 5.13bln Y/Y), rev. rose 15.5% Y/Y to 72.33bln. (Economic Times) Tata Motors Passenger Vehicles (TMPV IS) - Co. Q1 (INR) net fell 80.2% Y/Y to 7.75bln, rev. rose 9.3% Y/Y to 957.99bln. (Moneycontrol) Welspun Living (WELSPUNL IS) - Co. Q1 (INR) net rose 84% Y/Y to 1.61bln, EBITDA rose 42.4% Y/Y to 3.21bln, rev. rose 23.7% Y/Y to 27.95bln. (Economic Times)
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