Kansai Nerolac, Kalpataru Power, Matrimony.com, Lupin, Pidilite Industries, and other stocks that may remain in focus today

Domestic equities are expected to see a cautious start on May 9, 2023. At 08:35 am, SGX Nifty on the Singapore Exchange (SGX) traded 0.10 per cent, or 17.5 points lower at 18,332.5 levels.

Here's a look at the stocks that may remain in focus today

Pidilite Industries Ltd on Monday reported a 12 per cent increase in consolidated net profit at Rs 285.86 crore for the fourth quarter ended March 2023, led by moderation in input costs and growth in domestic demand. The company, which manufactures adhesives, sealants and construction chemicals, had logged a profit of Rs 254.35 crore in the year-ago period.

VIP Industries: Luggage maker VIP Industries Ltd on Monday reported a consolidated net loss of 4.26 crore for the fourth quarter that ended March 2023, impacted by an exceptional loss. The company had posted a net profit of Rs 12.39 crore in the January-March quarter a year ago, VIP Industries Ltd (VIL) said in a BSE filing.

Birlasoft: The company has posted a net profit of Rs 112.168 crore for the period ended March 31, 2023, as against a loss of Rs -16.361 crore for the period ended December 31, 2022.

Kalpataru Power Transmission on Monday posted a nearly 22  per cent rise in consolidated net profit to Rs 140 crore for the March 2023 quarter, mainly on the back of higher revenues. It had reported a consolidated net profit of Rs 115 crore in the year-ago quarter, a BSE filing showed. The total income rose to Rs 4,896 crore in the quarter from Rs 4,169  crore a year ago.

Kansai Nerolac on Monday reported over five-fold growth in its consolidated net profit to Rs 96.24 crore for the fourth quarter ended March 2023. The company had posted a consolidated net profit of Rs 19.17 crore in the January-March period a year ago, Kansai Nerolac Paints Ltd (KNPL) said in a regulatory filing.

Mankind Pharma: Shares of the company are slated to list on the bourses today. 

Earnings today: Lupin, SRF, Matrimony.com, Eveready Industries, and Latent View, among others, are scheduled to release their March quarter earnings later in the day. 

Happiest Minds: The company's consolidated net profit rose 11 per cent to Rs 58 crore in the fourth quarter. It was Rs 52 crore in the corresponding quarter of last year. Revenue from operations surged 26 per cent to Rs 378 crore in the reporting period against Rs 300 crore in the same period last year.