DLF's Q1 FY27 pre-sales collapse 94% YoY, but management holds the line on its Rs 20,000 crore full-year target Realty
DLF booked just Rs 657 crore of pre-sales in Q1 FY27 versus Rs 11,425 crore a year earlier, a 94% decline blamed on zero new project launches in the quarter. Consolidated profit still edged up on other income and completed-inventory sales even as operating revenue fell 53% YoY. Management points to an H2-loaded launch pipeline -- DLF City Gurugram (~Rs 8,000-9,000 crore potential), Arbour Senior Living, Westpark Phase 2 and a Goa project -- as the basis for holding its Rs 20,000 crore guidance, but one quarter in, the run-rate (about 3% of target) is materially behind schedule.
Lupin's US business beat in Q1, but management guides a sharper Q2-Q4 FY27 trough as Tolvaptan/Mirabegron competition bites Pharmaceuticals
Lupin's US segment came in at $366 million in Q1 FY27, up 30% YoY and ahead of the erosion story for this specific quarter. But management now guides full-year US revenue to $1.1-1.2 billion (down from $1.3 billion in FY26) and flagged quarterly US revenue falling to $250-280 million from Q2 as Apotex, Teva and a possible fourth entrant erode Tolvaptan pricing after its September 2026 patent expiry. A recovery is pointed to FY28, via a pipeline including a pegfilgrastim biosimilar, dalbavancin, sugammadex and eribulin.
NALCO's alumina tailwind is already fading: Norsk Hydro's Alunorte refinery began ramping back up within a day of the cut that lifted NALCO 9% Metals & Mining
A gas-shortage-driven 50%-capacity cut at Norsk Hydro's Brazilian Alunorte refinery lifted NALCO shares roughly 9% on Aug 12, since alumina is 27% of NALCO's FY26 EBIT. But Norsk Hydro confirmed on Aug 13 that Alunorte has already started increasing output again after a temporary gas-supply deal and regulatory approval to self-import gas. Alumina prices were already running below their historical 14-16%-of-aluminium-price average, and the global alumina market is expected to be in a 1.6 million tonne surplus in 2026 -- a backdrop arguing the tailwind was a short-lived blip, not durable margin support.
OFSS posts a 121% profit jump on a single $100 million US bank deal, alongside a completed CEO/CFO transition Information Technology
Oracle Financial Services Software's Q1 FY27 revenue and profit surged 69% and 121% YoY respectively, driven substantially by a ~$100 million perpetual-license and transition-services deal with an undisclosed US bank that alone accounted for roughly 30% of the quarter's revenue. The result lands just after a leadership handover: CFO Avadhut Ketkar was elevated to MD & CEO on July 24 following Makarand Padalkar's retirement, with Manish Bhandari stepping into the CFO seat -- an internal succession, not a disruptive exit. Whether the deal's economics repeat next quarter, versus a one-time license spike, is not yet confirmed by any source found.
Oberoi and Lodha both fell over 3% on sector-wide weakness Aug 18, even as company-specific news underneath was positive Realty
Oberoi Realty (-3.78%) and Macrotech/Lodha (-3.42%) both dropped in what coverage frames as a broader realty selloff (FII outflows, sector earnings-estimate downgrades) rather than stock-specific news. Underneath, Oberoi received a favourable Aug 13 DTCP order clearing development-rights challenges on its Gurugram 'Three Sixty North' project, removing a launch-pipeline overhang. Lodha reported Q1 FY27 net profit roughly doubling YoY to Rs 1,373 crore and disclosed a fresh ~2% stake purchase (~Rs 1,864 crore) by Fidelity Investments affiliates around its Aug 14 AGM.