ReportGem ReportGem 中文

REAL-TIME GLOBAL RESEARCH

VMM 1Q27: Steady result, reduced discounting helped meet PAT estimates.

Published: 2026-07-23Institution: BernsteinCompany / ticker: VMM.INPages: 12Original language: EnglishEvidence page: 11

Research evidence excerpt

VMM 1Q27: Steady result, reduced discounting helped meet PAT estimates.

Jignanshu Gor +91 226 842 1494 jignanshu.gor@bernsteinsg.com 23 July 2026

rulebook). Persons other than Professional Clients and Market Counterparties, such as Retail Clients, are not the intended

recipients of our communications or services.

LEGAL

All research publications are disseminated to our clients through posting on the firm's password protected websites,

bernsteinresearch.com and autonomous.com. Certain, but not all, research publications are also made available to clients through

third-party vendors or redistributed to clients through alternate electronic means as a convenience.

This publication has been published and distributed in accordance with the Firm's policy for management of conflicts of interest

in investment research, a copy of which is available from Bernstein Institutional Services LLC, Director of Compliance, 245 Park

Avenue, New York, NY 10167. Additional disclosures and information regarding Bernstein's business are available on our website

www.bernsteinresearch.com.

The securities described herein may not be eligible for sale in all jurisdictions or to certain categories of investors where that

permission profile is not consistent with the licenses held by the entities noted herein. This document is for distribution only as may

be permitted by law. This publication is not directed to, or intended for distribution to or use by, any person or entity who is a citizen

or resident of, or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use

would be contrary to law or regulation or which would subject any of the entities referenced herein or any of their subsidiaries

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

Open report viewer