Deepak Fertilisers And Petrochemicals Corporation reported a decline in net sales, net profit, and EBITDA for the quarter ended December 2023 compared to the same period in 2022. The company's EPS also decreased. Its stock price on the NSE closed at 579.75 on February 1, 2024, with a return of 4.37% over the last 6 months, but a decrease of 8.09% over the last.

Greenply Industries reported standalone quarterly results for December 2023, with net sales at Rs. 442.27 crore, an increase of 10.74% from the previous year. However, net profit decreased by 42.83% to Rs. 27.41 crore and EBITDA also decreased by 4.19%. The company's EPS has also decreased from Rs. 3.90 to Rs. 2.22.

Reported Standalone quarterly numbers for Radhe Developers (India) are: Net Sales at Rs 1.22 crore in December 2023 down 75.38% from Rs. 4.97 crore in December 2022. Quarterly Net Loss at Rs. 1.71 crore in December 2023 down 143.92% from Rs. 3.90 crore in December 2022. EBITDA stands negative at Rs. 1.40 crore in December 2023 down 125.13% from Rs. 5.57 crore in December 2022.

Reported Standalone quarterly numbers for Welspun Enterprises are: Net Sales at Rs 583.54 crore in December 2023 down 12.69% from Rs. 668.37 crore in December 2022. Quarterly Net Profit at Rs. 77.58 crore in December 2023 down 84.82% from Rs. 510.92 crore in December 2022. EBITDA stands at Rs. 122.09 crore in December 2023 up 57.8% from Rs. 77.37 crore in December 2022.

Reported Standalone quarterly numbers for Spencer Retail are: Net Sales at Rs 570.24 crore in December 2023 up 1.24% from Rs. 563.27 crore in December 2022. Quarterly Net Loss at Rs. 40.98 crore in December 2023 up 13.91% from Rs. 47.60 crore in December 2022. EBITDA stands at Rs. 11.97 crore in December 2023 up 1097% from Rs. 1.00 crore in December 2022.

Reported Standalone quarterly numbers for Prism Johnson are: Net Sales at Rs 1,657.27 crore in December 2023 up 2.88% from Rs. 1,610.91 crore in December 2022. Quarterly Net Profit at Rs. 1.78 crore in December 2023 up 103.98% from Rs. 44.74 crore in December 2022. EBITDA stands at Rs. 135.68 crore in December 2023 up 82.19% from Rs. 74.47 crore in December 2022.

Reported Standalone quarterly numbers for Abhijit Trading Company are: Net Sales at Rs 0.23 crore in December 2023 up 68.13% from Rs. 0.13 crore in December 2022. Quarterly Net Profit at Rs. 0.18 crore in December 2023 up 82.38% from Rs. 0.10 crore in December 2022. EBITDA stands at Rs. 0.18 crore in December 2023 up 63.64% from Rs. 0.11 crore in December 2022.

Reported Standalone quarterly numbers for Somany Ceramics are:Net Sales at Rs 598.47 crore in December 2023 down 2.97% from Rs. 616.77 crore in December 2022.Quarterly Net Profit at Rs. 21.09 crore in December 2023 up 21.07% from Rs. 17.42 crore in December 2022.EBITDA stands at Rs. 43.13 crore in December 2023 up 21.12% from Rs. 35.61 crore in December 2022.

Reported Standalone quarterly numbers for Aro Granite Industries are: Net Sales at Rs 33.35 crore in December 2023 down 2.8% from Rs. 34.31 crore in December 2022. Quarterly Net Profit at Rs. 0.08 crore in December 2023 up 101.12% from Rs. 7.14 crore in December 2022. EBITDA stands at Rs. 6.98 crore in December 2023 up 2038.89% from Rs. 0.36 crore in December 2022.

Reported Standalone quarterly numbers for Panama Petrochem are: Net Sales at Rs 371.43 crore in December 2023 down 14.36% from Rs. 433.73 crore in December 2022. Quarterly Net Profit at Rs. 30.61 crore in December 2023 down 23.3% from Rs. 39.91 crore in December 2022. EBITDA stands at Rs. 46.61 crore in December 2023 down 19.3% from Rs. 57.76 crore in December 2022.

Reported Standalone quarterly numbers for SJS Enterprises are: Net Sales at Rs 91.05 crore in December 2023 up 27.38% from Rs. 71.48 crore in December 2022. Quarterly Net Profit at Rs. 16.54 crore in December 2023 up 15.51% from Rs. 14.32 crore in December 2022. EBITDA stands at Rs. 27.71 crore in December 2023 up 15.12% from Rs. 24.07 crore in December 2022.

Reported Consolidated quarterly numbers for Somany Ceramics are:Net Sales at Rs 612.14 crore in December 2023 down 1.65% from Rs. 622.41 crore in December 2022.Quarterly Net Profit at Rs. 22.19 crore in December 2023 up 85.69% from Rs. 11.95 crore in December 2022.EBITDA stands at Rs. 61.84 crore in December 2023 up 38.44% from Rs. 44.67 crore in December 2022.

Reported Consolidated quarterly numbers for Panama Petrochem are: Net Sales at Rs 511.83 crore in December 2023 down 10.63% from Rs. 572.69 crore in December 2022. Quarterly Net Profit at Rs. 41.36 crore in December 2023 down 17.53% from Rs. 50.15 crore in December 2022. EBITDA stands at Rs. 58.47 crore in December 2023 down 15.26% from Rs. 69.00 crore in December 2022.

The government's Union Budget 2024 focused on clean energy, leading to a 10% jump in energy stocks. BPCL saw the biggest gains followed by IOC. Brent crude prices have dipped below $80 per BBL, contributing to the rally. FM Sitharaman announced measures for renewable energy and increased allocations for solar power. Other initiatives include setting up coal gasification and liquefaction capacity.

The allocation for the Mahatma Gandhi National Rural Employment Guarantee Act remains unchanged at Rs 86,000 crore for FY 25. Allocation for the rural job scheme under MGNREGA recorded a steep cut of 33 percent in the FY24 Budget compared to the revised estimate of Rs 89,400 crore in the financial year 2022-23. The outlay for the Swach Bharat Mission has been increased to Rs 12,192 crore.