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New: 10 more stocks, IPOs and Learn, explained

Learning path · 7 steps

Read your first quarterly results, in 7 steps

From what a listed company is to reading a real results filing part by part: revenue, EBITDA, margins and profit.

Reviewed by Cityfort Research on , 15 min in all

For learning only. Cityfort is not a SEBI-registered adviser and does not recommend buying or selling any security. Prices shown are dated and may be out of date.

  1. 1

    Using Cityfort · 4 min

    Start here: understand a listed company in 5 steps

    What a listed company is and where its information comes from, before any numbers.

  2. 2

    Term explained · 1 min

    Consolidated vs standalone results

    Results come in two sets; this tells you which one you are looking at.

  3. 3

    Term explained · 1 min

    Revenue from operations

    The first line of a company's profit statement: money earned from the main business.

  4. 4

    Term explained · 1 min

    EBITDA

    What is left after day-to-day costs, before interest, tax and wear and tear.

  5. 5

    Term explained · 1 min

    Operating margin

    EBITDA as a share of revenue: how much of every ₹100 of sales is left before interest, tax and depreciation.

  6. 6

    Term explained · 1 min

    Net profit

    The bottom line, and the one-off items that can move it.

  7. 7

    How to read · 6 min

    How to read quarterly results: the Infosys Q2 FY27 filing

    Put it together on one real filing, part by part.

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Disclaimer

For learning only. Cityfort is not a SEBI-registered adviser and does not recommend buying or selling any security. Prices shown are dated and may be out of date.

Investing in securities involves risk, including loss of capital. Before making any investment decision, do your own research and consider consulting a SEBI-registered investment adviser.

Cityfort, its owners and contributors may or may not hold securities of companies covered. Content is not an offer or solicitation to buy or sell any security.

Read the full disclaimer

Cityfort publishes educational content that explains how listed companies work. Cityfort is not registered with the Securities and Exchange Board of India (SEBI) as an Investment Adviser or Research Analyst and does not provide investment advice, recommendations, ratings, price targets or any opinion on whether to buy, sell or hold any security.

All information is taken from publicly available sources, mainly company filings on BSE and NSE, which are listed on each page with dates. We work to keep it accurate and correct errors publicly, but we do not guarantee that it is complete, accurate or up to date. Any market price or price-based ratio shown is dated, may be out of date by the time you read it, and is included only to explain concepts.

Statements by company management are reported as statements, with their date and source; they are not our forecasts.