External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Kirloskar Brothers Ltd. reported muted Q3FY24 numbers on a YoY basis.</li><li>Revenue marginally grew by 1% YoY to Rs 965 Cr. KBL incurred a one-off situation that impacted revenue recognition of Rs 30 Cr.</li><li>Its adjusted revenue grew by 4%YoY. GMs increased by ~700bps YoY to 51.7%, led by the benefit of the lower RM costs. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Kirloskar Brothers Ltd. reported muted Q3FY24 numbers on a YoY basis.Revenue marginally grew by 1% YoY to Rs 965 Cr. KBL incurred a one-off situation that impacted revenue recognition of Rs 30 Cr.Its adjusted revenue grew by 4%YoY. GMs increased by ~700bps YoY to 51.7%, led by the benefit of the lower RM costs. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kirloskar Brothers Ltd. - Strong Orderbook & International Expansion to Support Growth