NDTV Profit reported contrasting second-quarter profit figures for Capillary Technologies and Devyani International, with revenue and earnings before interest, taxes, depreciation and amortization (EBITDA) higher at both companies for the quarter ended Sept. 30.
In a 1:38 a.m. EST Monday update, NDTV Profit put Capillary's consolidated net profit at ₹21.9 crore, compared with ₹28 lakh a year earlier. Revenue reached ₹271 crore, up from ₹179 crore, while EBITDA was ₹39.5 crore versus ₹18.7 crore. Its EBITDA margin, or EBITDA as a share of revenue, widened to 14.5% from 10.4%.
The outlet reported Devyani's consolidated net loss at ₹24.2 lakh, down from ₹21.9 crore a year earlier. Revenue rose to ₹1,519 crore from ₹1,377 crore, and EBITDA increased to ₹233 crore from ₹192 crore. The margin was 15.3%, compared with 14%.
In an Oct. 5 filing with the Bombay Stock Exchange (BSE), Marico forecast double-digit growth in consolidated revenue and operating-profit growth in the mid-20s. The company also reported double-digit underlying volume growth in India. It said copra prices were roughly 35% below their peak and costs for derivatives tied to crude oil had risen. Marico's planned results review was covered in an earlier EconoTimes roundup of Indian board meetings.
Devyani scheduled an investor call for 3:30 a.m. EST Monday (2 p.m. IST). Its notice said the results announcement would come ahead of the call, which was set to discuss the period ended Sept. 30.
