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 a mixed set of Q1FY25 numbers.</li><li>Revenue reached Rs. 1,031 Cr, increasing 15% YoY in line with our estimates but declining 16% QoQ.</li><li>Gross margins stood at 49.5%, down by 200 bps compared to the previous quarter. </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 a mixed set of Q1FY25 numbers.Revenue reached Rs. 1,031 Cr, increasing 15% YoY in line with our estimates but declining 16% QoQ.Gross margins stood at 49.5%, down by 200 bps compared to the previous quarter. 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. - Weaker Margins in the Quarter, Revenue Visibility Remains Strong