KR Choksey on Mahindra Lifespace
Mahindra Lifespace (MLS) posted a strong standalone Q3 revenue of Rs 55.7 crore (84% growth y-o-y and 28% q-o-q) and a net profit of Rs 11.3 crore (1.3% growth y-o-y and 1% q-o-q). The company has a very comfortable balance sheet compared to its peers and is cash positive. We expect revenues from SEZs to increase.
Angel Broking on SADBHAV ENGINEERING
Sadbhav Engineering reported topline growth, which was much below our expectations. The company registered 20% y-o-y growth in net sales at Rs 276.7cr (Rs 230.1 crore) against our expectation of Rs341cr. The company’s current outstanding order book ensures revenue visibility for the next few years.
Home Loan Interest Rate Reset
3 years ago
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