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The consolidated revenue is expected to rise 24% on year to Rs 2.2 lakh crore, according to the average of estimates given by 7 brokerages.

Sterling traded around 0.3% higher on the day at $1.1252, after rallying by as much as 0.8%. 10-year UK bond yields were 3 basis points lower on the day at 3.84%

The company said 51% of its revenue came from finished dosages, which is its biggest business. Active pharmaceuticals ingredients and pharmaceutical formulation intermediates contributed 29% and 20%, respectively, to its revenue.

The Nifty Auto index closed 0.07 per cent up at 12729.6.

Silver, however, climbed Rs 101 to Rs 56,451 per kilogram from Rs 56,350 per kg.

“We have a very defined appraisal framework. So, all the good people, who are able to perform, are given more and more responsibility and help them grow through the organisation. The other thing is, our senior management, the CXOs, have been with the company for like more than half a decade. These are a couple of things that have worked for us.”

Consumer packaged goods makers across the globe have jacked up prices of everything from toothpaste to coffee as the Russia-Ukraine war and global supply snarls led to an increase in the price of commodities, including palm oil, cocoa and crude oil.

In the September quarter, Kacholia also hiked stake in Shankara Building, Megastar Foods, and Xpro India. Further, as per the latest filings, the investor holds 37 stocks with an estimated net worth of over Rs 220.5 crore, Trendlyne data shows.

“Among largecaps, I cannot promise safety but given the type of pedigree and the demand for fixed assets in the shape of real estate, DFL is going to go up with all guns blazing. I would be a little bit more risk taking and take DLF as my tarka stock.”

The company said its gross NPA and net NPA as of September-end stood at 0.24% and 0.11% respectively, against 0.39% and 0.24% in the year-ago period. New loans booked during the September quarter grew by 7% to 6.76 million against 6.33 million in the corresponding quarter of last year.