#Eveready Industries

#2QFY23 #concall summary

1. Focus on double digit growth on all three segment- Battery, Flashlight and Lighting

2. Investing in Brand, reach and product innovation

3. 2QFY23 margin was lower majorly due to rupee depreciation impacting key RM

1/4 4. Mgmt said overall revenue to be double in next 3 yrs from current 1400cr in fy23 to 2800cr in fy26

5. Key growth areas- battery double digit 10-12% CAGR, flashlight 30% CAGR and lighting also over 30% CAGR

6. Rechargeable flashlight is untouched, will be focused area

2/4

HDFC Bank

2QFY23 Result Update

#hdfcbank #2qfy23

Standalone numbers:

Net Interest Income (#NII) at 21,021cr (up 19% YoY)
#Loan Growth 23% YoY, #Deposit Growth 19% YoY

Non-interest Inc (Inc treasury) at 7,596cr (up 3% YoY, lower growth due to less treasury income this year) #Treasury Inc at 253cr (lower by 71% YoY, due to higher bond yield this year vs last year)

Total Operating Exps at 11,225cr (up 21% YoY)
Cost to Income Ratio at 39.2% vs 37% last year.

Operating Profit at 17, 392cr (up 10% YoY, lower growth due to lower treasury inc this yr)