PRE-MARKET INDIAN STOCKS NEWS: Earnings including Bank of Baroda, Bank of India, JSW Infrastructure & Tata Consumer Products

ABB India (ABB IS) - Co. Q4 (INR) net rose nearly four-fold to INR 17.8bln, rev. rose 5.8% Y/Y to INR 31.8bln. (Moneycontrol)Bank of Baroda (BOB IS) - Co. Q4 standalone (INR) net rose 11.3% Y/Y to INR 56.2bln, net interest income rose 8.7% Y/Y to INR 124.9bln, provisions and contingencies rose 103% Y/Y to INR 31.5bln, gross NPA fell to 1.89% from 2.04% Q/Q, net NPA fell to 0.45% from 0.57% Q/Q. (Moneycontrol)Bank of India (BOI IS) - Co. Q4 standalone (INR) net rose 14.8% Y/Y to INR 30.2bln, net interest income rose 11% Y/Y to INR 67.3bln. (Moneycontrol)Birla Corporation (BIRLACORP IS) - Co. Q4 consolidated (INR) net rose 14.9% Y/Y to INR 2.9bln, rev. rose 0.75% Y/Y to INR 28.4bln, exceptional gain was INR 276mln compared with a loss of INR 384mln Y/Y. (Moneycontrol)Godrej Properties (GPL IS) - Co. expects to maintain its growth trajectory on strong housing demand and targets a 14% increase in FY pre-sales to INR 390.0bln. (Economic Times)JSW Infrastructure (JSWINFRA IS) - Co. Q4 consolidated (INR) net fell 17.9% Y/Y to INR 4.2bln, rev. rose 18.6% Y/Y to INR 15.2bln. (Moneycontrol)MCX (MCX IS) - Co. Q4 (INR) net rose 291% Y/Y to INR 5.3bln. (Economic Times)Ola Electric (OLAELEC IS) - Co. said its mass-market electric scooter S1 X+ 5.2kWh has been approved under the Central Motor Vehicle Rules by the International Centre for Automotive Technology. (Economic Times)Reliance Industries (RIL IS) - Co. is reworking the listing structure of telecom and digital venture Jio Platforms from the previously planned offer for sale to a fully fresh issue due to differences with existing investors over pricing. (Economic Times)Tata Consumer Products (TATACONSUM IS) - Co. Q4 (INR) net rose 21% Y/Y to INR 4.2bln, rev. rose 18% Y/Y to INR 54.3bln. (Economic Times)Titan Company (TTAN IS) - Co. is unconcerned about short-term gold supply issues from the West Asia conflict as its gold exchange programme and contingency sourcing plans help mitigate risks. (Economic Times)Vodafone Idea (IDEA IS) - Co.’s parent Vodafone Group is working on a proposal to shore up the capital of its listed Indian affiliate after the Indian government cut its dues. (Economic Times)