PRE-MARKET INDIAN STOCKS NEWS: Earnings updates in focus

Bank of Maharashtra (MAHABANK IS) - Co. Q2 (INR) net rose 41.5% Y/Y to 23.10bln, return on assets improved to 2.02% (prev. 1.82% Y/Y). (Economic Times) Dalmia Bharat (DALBHARA IS) - Co. Q2 (INR) net loss 2.05bln (prev. profit 2.39bln Y/Y), EBITDA fell 29.2% Y/Y to 4.93bln, rev. rose 4.3% Y/Y to 35.63bln, EBITDA margin 13.84% (prev. 20.37% Y/Y), including an exceptional loss of INR 3.39bln. (Economic Times) HCL Technologies (HCLT IS) - Co. completed the acquisition of a 100% stake in Croatia-based Robotic Process Automation d.o.o. (Robotiq.ai) through its wholly owned subsidiary HCL Technologies Austria GmbH. (Moneycontrol) Ola Electric Mobility (OLAELEC IS) - SoftBank-owned SVF II Ostrich (DE) sold nearly 55% of its estimated rights entitlements in the Co. on Monday, following the sale of nearly 28% over the previous two sessions. (Moneycontrol) Paytm (PAYTM IS) - Co. Q2 (INR) net rose 976% Y/Y to 2.26bln. (Economic Times) REC (RECL IS) - Co. Q2 (INR) net fell 21.2% Y/Y to 34.78bln, net interest income fell 9% Y/Y to 54.78bln. (Economic Times) Tata Consumer Products (TATACONS IS) - Co. Q2 (INR) net rose 16% Y/Y to 4.70bln, EBITDA rose 18% Y/Y to 7.94bln, rev. rose 14% Y/Y to 56.61bln. (Economic Times)