India's Q2 2024 earnings season disappointed. Many profit-making companies reported losses. Nifty earning ...More

India's Q2 2024 earnings season disappointed. Many profit-making companies reported losses. Nifty earnings grew at the slowest pace since June 2020. Analysts point to a slowdown in several sectors. However, experts predict a recovery in the second half of the fiscal year. Increased government spending and strong festival demand are expected to boost growth. ...Less

Despite a lackluster Q2 earnings season, 36 companies defied the trend, doubling both sales and profits. ...More

Despite a lackluster Q2 earnings season, 36 companies defied the trend, doubling both sales and profits. Some achieved growth in the thousands of percentage points, driven by strong demand in sectors like pharma and realty. Analysts remain optimistic about a stronger second half of FY25, citing festive demand and rural recovery. ...Less

Waaree Energies Q2FY25 Results: Waaree Energies reported a 15% YoY increase in Q2 net profit to Rs 362 cr ...More

Waaree Energies Q2FY25 Results: Waaree Energies reported a 15% YoY increase in Q2 net profit to Rs 362 crore. Revenue rose 1% YoY to Rs 3,574 crore. Other income doubled to Rs 89 crore. The company listed with a 70% premium but has corrected post-Trump's win. ...Less

HAL Q2 Results FY25: Hindustan Aeronautics Limited (HAL) reported a consolidated net profit of Rs 1,510 c ...More

HAL Q2 Results FY25: Hindustan Aeronautics Limited (HAL) reported a consolidated net profit of Rs 1,510 crore for the quarter ending September 30, 2024, reflecting a 22% year-on-year growth from Rs 1,237 crore in the same quarter of the previous year. ...Less

Vodafone Idea Q2 FY25 Results: Vodafone Idea has narrowed its losses to Rs 7176 crore in the September qu ...More

Vodafone Idea Q2 FY25 Results: Vodafone Idea has narrowed its losses to Rs 7176 crore in the September quarter, compared with Rs 8738 crore in the same quarter of last year. ...Less

Eicher Motors Q2 Results FY25: Eicher Motors Ltd on Wednesday reported 8% growth in its standalone net pr ...More

Eicher Motors Q2 Results FY25: Eicher Motors Ltd on Wednesday reported 8% growth in its standalone net profit at Rs 1,010 crore in the quarter ended September 2024. The same stood at Rs 938 crore in the last year quarter. ...Less

RITES shares rose 4.4% after securing a Rs 148.25 crore order from IIM Raipur for campus development. Des ...More

RITES shares rose 4.4% after securing a Rs 148.25 crore order from IIM Raipur for campus development. Despite lower Q2 profits, the company has seen over 18% gains this year. ...Less

Swiggy, with a healthy cash balance of over ?8,000 crore, has no immediate fundraising plans. Their food ...More

Swiggy, with a healthy cash balance of over ?8,000 crore, has no immediate fundraising plans. Their food delivery business is profitable and generating cash, while the quick commerce segment is projected to achieve profitability within six to seven quarters. They aim to double their dark store footprint by March 2025 and increase average order value at a double-digit pace annually. ...Less

Swiggy share price: Swiggy shares climbed following strong Q2 FY25 revenue growth, despite a reported los ...More

Swiggy share price: Swiggy shares climbed following strong Q2 FY25 revenue growth, despite a reported loss of Rs 625.53 crore. Innovations like Bolt for 10-minute food delivery and Instamart expansion contributed to a 30% YoY increase in gross order value, with strong broker expectations for future growth in food delivery and quick commerce. ...Less

Food and grocery delivery company Swiggy's operating revenue rose by 30% year-on-year to Rs 3,601 crore f ...More

Food and grocery delivery company Swiggy's operating revenue rose by 30% year-on-year to Rs 3,601 crore for the July-September quarter. The net loss slightly decreased to Rs 625 crore. Swiggy's food delivery continued to achieve industry-best growth, and its new 10-minute delivery service, Bolt, made up 5% of food deliveries shortly after launching. ...Less

Swiggy Q2 Results: Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at ...More

Swiggy Q2 Results: Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin, and GOV growing 5.6% QoQ to Rs 7,191 crore. The company’s new 10-minute delivery service, 'Bolt,' now contributes 5% of total food deliveries within just 8 weeks. Swiggy Instamart saw strong performance, with GOV growth accelerating 24% QoQ to Rs 3,382 crore, and overall orders up 21% QoQ. ...Less

Swiggy Q2 results: Swiggy shares rose 9.4% to Rs 542.10 on the BSE. The company will release its Q2 finan ...More

Swiggy Q2 results: Swiggy shares rose 9.4% to Rs 542.10 on the BSE. The company will release its Q2 financial results today. Swiggy's IPO had significant subscriptions and showed good investor interest. The company has faced net losses since inception but saw revenue double in FY24. In Q1, Swiggy reported a loss of Rs 611.01 crore compared to the same period last year. ...Less

Dr Reddy's Labs Q2 Results: Healthcare major Dr Reddy's on Tuesday reported 15% drop in its consolidated ...More

Dr Reddy's Labs Q2 Results: Healthcare major Dr Reddy's on Tuesday reported 15% drop in its consolidated net profit at Rs 1255 crore in the second quarter. It was Rs 1480 crore in the year-ago quarter. ...Less

Mazagon Dock Q2 Results FY 25: Mazagon Dock Shipbuilders recorded significant financial growth in the sec ...More

Mazagon Dock Q2 Results FY 25: Mazagon Dock Shipbuilders recorded significant financial growth in the second quarter of 2024. The company's profit after tax soared by 75.7% compared to the same period last year. Revenue from operations also witnessed a substantial increase of 50.8%. This impressive performance was driven by a surge in EBITDA, reflecting the company's strong operational efficiency. ...Less

Data compiled from an Emkay report shows that the aggregate adjusted PAT growth of BSE 500 companies decl ...More

Data compiled from an Emkay report shows that the aggregate adjusted PAT growth of BSE 500 companies declined by 0.5% year-on-year. Comparatively, the earnings growth was 3.2% in the June 2024 quarter and 41.6% year-on-year in the corresponding period of the previous year. The performance deteriorates further if the financial sector companies are excluded as the adjusted net profit growth contracts to 9.8% year-on-year. The energy sector significantly dragged the overall earnings growth whereas healthcare and industrial sectors provided support. ...Less

Grasim Industries Q2 Results FY25: Grasim Industries, the flagship company of Aditya Birla Group, on Thur ...More

Grasim Industries Q2 Results FY25: Grasim Industries, the flagship company of Aditya Birla Group, on Thursday reported a 66% fall in its consolidated net profit at Rs 390 crore in the second quarter, compared with Rs 1164 crore in the last year quarter. ...Less

India's leading two-wheeler maker Hero MotoCorp on Thursday reported 14% growth in its standalone net pro ...More

India's leading two-wheeler maker Hero MotoCorp on Thursday reported 14% growth in its standalone net profit at Rs 1,204 crore in the second quarter. It was Rs 1054 crore in the year-ago quarter. ...Less

Delhivery reported a net profit of Rs 10 crore in Q2FY25, compared to a loss of Rs 103 crore in Q2FY24. R ...More

Delhivery reported a net profit of Rs 10 crore in Q2FY25, compared to a loss of Rs 103 crore in Q2FY24. Revenue grew 13% YoY to Rs 2,190 crore. EBITDA increased to Rs 57 crore. Express Parcel revenue grew 7% YoY, and Part Truckload revenue grew 27% YoY. ...Less

Honasa Consumer Q2 Results: The company's revenue and net loss both declined on a quarter-on-quarter basi ...More

Honasa Consumer Q2 Results: The company's revenue and net loss both declined on a quarter-on-quarter basis. In the prior quarter, Honasa Consumer reported a net profit of Rs 40.25 crore and a topline of Rs 554 crore, reflecting a 17% drop. In its exchange filing, the company noted that revenue, adjusted for inventory correction, reached Rs 525 crore, showing a 5.7% YoY growth. ...Less

Realty firm Brigade Enterprises Ltd on Wednesday reported an 11 per cent decline in its consolidated net ...More

Realty firm Brigade Enterprises Ltd on Wednesday reported an 11 per cent decline in its consolidated net profit to Rs 118.98 crore in the September 2024 quarter. Its net profit stood at Rs 133.50 crore in the year-ago period. ...Less

BSE's share price dropped 3.5% despite a 193% surge in Q2 net profit, reaching Rs 346 crore. Revenue also ...More

BSE's share price dropped 3.5% despite a 193% surge in Q2 net profit, reaching Rs 346 crore. Revenue also saw a significant rise of 138%, hitting Rs 746.3 crore. While analysts acknowledge the strong performance driven by derivatives and increased market share, some remain cautious, suggesting a 'Hold' rating for the stock. ...Less

Nykaa's shares surged by 5.7% after the company announced a 66% jump in Q2 profits, reaching Rs 13 crore. ...More

Nykaa's shares surged by 5.7% after the company announced a 66% jump in Q2 profits, reaching Rs 13 crore. This growth was fueled by a 24% rise in revenue, reaching Rs 1875 crore, driven by strong performance in its beauty and fashion segments and expanding retail network. ...Less

Vodafone Idea's shares dipped ahead of its Q2 results, where the telco is expected to report narrowed los ...More

Vodafone Idea's shares dipped ahead of its Q2 results, where the telco is expected to report narrowed losses and marginal revenue growth. Analysts predict a loss between Rs 6300-6400 crore and a 5% YoY revenue increase. ARPU is projected to improve, while subscriber count may decline. ...Less

Vodafone Idea is expected to report a narrower consolidated loss for the second quarter, driven by revenu ...More

Vodafone Idea is expected to report a narrower consolidated loss for the second quarter, driven by revenue growth and improved ARPU. Analysts predict a loss between Rs 6300-6400 crore, with revenue rising 5% year-on-year. Subscriber base may decline, but ARPU is projected to reach Rs 156-159. ...Less

BEML, the Miniratna company, reported a marginal 0.75% decline in its profit after tax (PAT) for Q2 FY202 ...More

BEML, the Miniratna company, reported a marginal 0.75% decline in its profit after tax (PAT) for Q2 FY2024, totalling Rs 51.03 crore, compared to Rs 51.78 crore in the same quarter last year. The company’s revenue from operations fell by 6.2% YoY. ...Less

Tata Motors Share Price: Tata Motors' shares rose over 3% despite a lower-than-expected 11.18% YoY drop i ...More

Tata Motors Share Price: Tata Motors' shares rose over 3% despite a lower-than-expected 11.18% YoY drop in Q2 profit, reaching Rs 3,343 crore. The company attributed the decline to external challenges impacting growth. Despite this, analysts remain optimistic, citing strong business fundamentals and anticipated improvements in the second half of FY25. ...Less

Over 2500 companies, including prominent names like ONGC, Hindalco, and Hero MotoCorp, are set to release ...More

Over 2500 companies, including prominent names like ONGC, Hindalco, and Hero MotoCorp, are set to release their second-quarter earnings this week. Early reports suggest muted results, with analysts predicting the slowest growth in over four years due to a marginal 2% rise in Nifty earnings. ...Less

Action Construction Equipment saw a profit jump of 28% in the recent quarter. The company's income also i ...More

Action Construction Equipment saw a profit jump of 28% in the recent quarter. The company's income also increased, reaching Rs 790.90 crore. Sales of cranes and construction equipment were strong. The company sold 2,863 units, a 9% increase from the previous year. Action Construction Equipment is positive about future growth opportunities. ...Less

Indian companies faced a profit slump in Q2 FY25, with several sectors reporting declines. Vodafone Idea, ...More

Indian companies faced a profit slump in Q2 FY25, with several sectors reporting declines. Vodafone Idea, Sammaan Capital, and Indian Oil posted significant losses. Analysts downgraded earnings forecasts, citing weak consumption and government spending, but anticipate a recovery in the second half of the fiscal year. ...Less

SBI Q2 Results Today: State Bank of India (SBI) reported a 28% YoY rise in profit to Rs 18,331 crore, bea ...More

SBI Q2 Results Today: State Bank of India (SBI) reported a 28% YoY rise in profit to Rs 18,331 crore, beating earnings estimates of Rs 15,550 crore. Net interest income grew 5% YoY to Rs 41,620 crore, while pre-provision operating profit surged 51% YoY to Rs 29,294 crore for the July-September 2024 quarter. ...Less

Trent Share Price: Trent's shares tumbled 10% despite reporting a 46% surge in Q2 profit, exceeding analy ...More

Trent Share Price: Trent's shares tumbled 10% despite reporting a 46% surge in Q2 profit, exceeding analyst predictions. While revenue growth of 39.6% fell short of expectations, analysts remain optimistic, citing strong EBITDA margins, robust store expansion, and the success of emerging categories like beauty and footwear. ...Less

State Bank of India is predicted to post single-digit net interest income growth for the September quarte ...More

State Bank of India is predicted to post single-digit net interest income growth for the September quarter, fueled by loan growth but tempered by deposit costs. Brokerage estimates project net profit to range between Rs 12,894 crore and Rs 18,712 crore, with varying outlooks on year-on-year and sequential changes. ...Less

Ola Electric, which recently went public, is set to release its quarterly results amidst a falling stock ...More

Ola Electric, which recently went public, is set to release its quarterly results amidst a falling stock price. The company has faced challenges including consumer complaints and declining market share. Despite efforts to address these issues, analysts remain cautious, citing slower-than-expected market penetration and ongoing service concerns. ...Less

The second quarter earnings season for India Inc. is expected to be muted, with possibly the slowest grow ...More

The second quarter earnings season for India Inc. is expected to be muted, with possibly the slowest growth in over four years. Major companies like Bharti Airtel, Maruti, Suzlon Energy, L&T, Dabur India, and Cipla will announce their results this week, highlighting key financial milestones. ...Less

Trent Q2 Results FY25: Trent, the Tata Group retailer, exceeded profit expectations with a 46% surge to R ...More

Trent Q2 Results FY25: Trent, the Tata Group retailer, exceeded profit expectations with a 46% surge to Rs 423.44 crore in the September quarter, driven by strategic initiatives. However, revenue fell short of estimates at Rs 4,035.56 crore, despite a 39.6% increase, in a challenging consumer market. ...Less

Indian technology companies exceeded their Q2 earnings forecasts, but their future guidance remained caut ...More

Indian technology companies exceeded their Q2 earnings forecasts, but their future guidance remained cautious. While some brokerages observed a potential bottoming out of pessimism, clear signs of increased spending in developed countries are still pending. Stocks like Infosys, TCS, and HCL Tech are among the top picks for many brokerages. ...Less

Tata Steel Q2 Results: Tata Steel Ltd on Wednesday reported a net profit of Rs 833 crore in the quarter e ...More

Tata Steel Q2 Results: Tata Steel Ltd on Wednesday reported a net profit of Rs 833 crore in the quarter ended September 2024, compared with a loss of Rs 6196 crore in the last year quarter. ...Less

Apollo Hospitals Q2 Results: Revenue from operations rose 15% year-on-year to Rs 5,589 crore in the July- ...More

Apollo Hospitals Q2 Results: Revenue from operations rose 15% year-on-year to Rs 5,589 crore in the July-September 2024 period, surpassing ET Now’s poll estimate of Rs 5,485 crore. EBITDA for the second quarter reached Rs 816 crore, marking a 30% year-on-year increase. ...Less

Apollo Hospitals is poised to announce strong second-quarter earnings, with analysts projecting significa ...More

Apollo Hospitals is poised to announce strong second-quarter earnings, with analysts projecting significant revenue and profit growth driven by expansion across all segments. Key areas of interest for investors include the performance of Apollo 24/7 and updates on capacity expansion plans. ...Less

Get ready for a busy day in the Indian stock market. 63 companies will reveal their July-September earnin ...More

Get ready for a busy day in the Indian stock market. 63 companies will reveal their July-September earnings today. Keep an eye on major players like Power Grid and Tata Steel. Apollo Hospitals is expected to report strong numbers. Tata Steel might face challenges due to declining realizations. Stay tuned for the detailed financial results and expert analysis. ...Less

Adani Enterprises Q2 Results: Company reported a remarkable 664% year-on-year increase in its consolidate ...More

Adani Enterprises Q2 Results: Company reported a remarkable 664% year-on-year increase in its consolidated net profit for the September quarter, reaching Rs 1,742 crore, compared to Rs 228 crore in the same period last year. ...Less

JSW Steel Ltd reports an 84% drop in Q2 consolidated net profit to Rs 439 crore, against Rs 2,760 crore l ...More

JSW Steel Ltd reports an 84% drop in Q2 consolidated net profit to Rs 439 crore, against Rs 2,760 crore last year. Revenue declines 11% YoY to Rs 39,684 crore. The company incurs a Rs 342 crore one-time charge, with operating EBITDA at Rs 5,437 crore and margins at 13.7%. ...Less

BEL Q2 Results: The profit after tax (PAT) surpassed Street estimates of Rs 843 crore. In Q2, revenue fro ...More

BEL Q2 Results: The profit after tax (PAT) surpassed Street estimates of Rs 843 crore. In Q2, revenue from operations reached Rs 4,583 crore, marking a 15% increase from Rs 3,993 crore reported in the same quarter of the previous financial year. ...Less

Titan Q2 Results: The profit fell short of Street estimates of Rs 900 crore, based on an ET Now poll, whi ...More

Titan Q2 Results: The profit fell short of Street estimates of Rs 900 crore, based on an ET Now poll, while revenue exceeded projections of Rs 12,350 crore. Titan’s core jewellery segment saw a 26% increase in total income to Rs 10,763 crore for the quarter, with an EBIT of Rs 932 crore at an 8.7% margin. Adjusted for customs duty, Q2FY25 EBIT reached Rs 1,222 crore, achieving an 11.4% margin. ...Less

Tata Steel may report a loss for the second quarter of FY25. Analysts predict declining realizations and ...More

Tata Steel may report a loss for the second quarter of FY25. Analysts predict declining realizations and rising costs will impact both domestic and European operations. While sales volume has increased, lower steel prices are expected to affect revenue. EBITDA may decline due to weaker realizations. ...Less

Indian Railway Finance Corporation (IRFC) reported a 4% YoY rise in Q2 FY24 profit after tax (PAT) to Rs ...More

Indian Railway Finance Corporation (IRFC) reported a 4% YoY rise in Q2 FY24 profit after tax (PAT) to Rs 1,612.65 crore, with revenue from operations up by 2%. The company declared an interim dividend of Rs 0.80 per share. IRFC shares have surged 113% over the past year but have declined 20% in the last three months. ...Less

Titan is set to release its July-September 2024 quarter results, with analysts predicting a potential 27% ...More

Titan is set to release its July-September 2024 quarter results, with analysts predicting a potential 27% drop in net profit due to inventory losses from customs duty cuts. However, sales are expected to rise by 3%, fueled by a strong 25% growth in the core jewelry segment. ...Less

The second quarter earnings season is in full swing, with 63 companies, including prominent names like Dr ...More

The second quarter earnings season is in full swing, with 63 companies, including prominent names like Dr Reddy's, Titan, and Mankind Pharma, set to release their July-September 2024 quarter results today. ...Less

Indian corporate earnings for the second quarter of FY25 showed weaker-than-expected results, with single ...More

Indian corporate earnings for the second quarter of FY25 showed weaker-than-expected results, with single-digit growth for the second consecutive quarter. While sectors like BFSI and Technology performed well, the overall market was dragged down by weakness in commodities, particularly O&G. ...Less

JSW Steel’s net sales and profit after tax (PAT) for Q2FY25 are expected to decline significantly. Variou ...More

JSW Steel’s net sales and profit after tax (PAT) for Q2FY25 are expected to decline significantly. Various brokerages predict revenue to decrease by up to 8.5% and PAT to drop by 71-80% year-on-year. The company will report its earnings on October 25, 2023. Estimates show a challenging quarter ahead for the steel giant. ...Less

IndusInd Bank's Q2 results are predicted to show a 3% YoY decline in PAT, primarily due to slow loan grow ...More

IndusInd Bank's Q2 results are predicted to show a 3% YoY decline in PAT, primarily due to slow loan growth. While net interest income is expected to rise by 7% YoY, analysts highlight concerns over increased provisions and moderate margins. Loan and deposit growth slowed QoQ. ...Less

Honasa Consumer share price: Shares of Honasa Consumer, the parent company of Mamaearth, fell 34% over tw ...More

Honasa Consumer share price: Shares of Honasa Consumer, the parent company of Mamaearth, fell 34% over two days, hitting a 52-week low of Rs 242.60, following disappointing Q2 results. Mamaearth’s stock dropped 18% on Tuesday after a 20% decline on Monday. The company reported a net loss of Rs 19 crore, with revenues down 7% to Rs 462 crore due to sluggish demand and operational challenges. ...Less

Waaree Energies, India’s largest solar PV module manufacturer, reported a 15% YoY rise in Q2 net profit t ...More

Waaree Energies, India’s largest solar PV module manufacturer, reported a 15% YoY rise in Q2 net profit to Rs 362 crore. Revenue grew 1% YoY to Rs 3,574 crore. The company, which listed with a 70% premium, continues expanding with a 3 GW US manufacturing facility. For FY24, revenue surged 69% YoY to Rs 11,398 crore, while profit more than doubled. ...Less

Paytm Q2 Results FY25: Paytm's revenue dropped 34% year-on-year (YoY) to Rs 1,660 crore against Rs 2,519 ...More

Paytm Q2 Results FY25: Paytm's revenue dropped 34% year-on-year (YoY) to Rs 1,660 crore against Rs 2,519 crore in the corresponding quarter of the previous year. ...Less

Hindustan Aeronautics (HAL) shares rose 4% after the company announced a 22% increase in net profit for t ...More

Hindustan Aeronautics (HAL) shares rose 4% after the company announced a 22% increase in net profit for the quarter ending September 30, 2024. The company's net profit reached Rs 1,510 crore, up from Rs 1,237 crore in the same period last year. Revenue from operations also grew by 6% to Rs 5,976 crore. ...Less

Hero MotoCorp share price: Hero Motocorp's shares surged 5% after reporting a 14% rise in Q2 net profit, ...More

Hero MotoCorp share price: Hero Motocorp's shares surged 5% after reporting a 14% rise in Q2 net profit, reaching ?1204 crore. Revenue grew 11% to ?10463 crore, driven by record revenue from parts and accessories. Analysts are optimistic, citing rural market recovery, new launches, and strong brand equity as key growth drivers. ...Less

Muthoot Finance reported a 21% increase in consolidated net profit for Q2, reaching Rs 1,321 crore. This ...More

Muthoot Finance reported a 21% increase in consolidated net profit for Q2, reaching Rs 1,321 crore. This growth was driven by a 37% rise in total revenue, reaching Rs 4,929 crore. Consequently, Morgan Stanley upgraded the company to 'Equal-weight' from 'Underweight', raising the target price to Rs 1,600 from Rs 1,430. ...Less

FirstCry operator Brainbees Solutions saw its shares surge after reporting a narrowed consolidated net lo ...More

FirstCry operator Brainbees Solutions saw its shares surge after reporting a narrowed consolidated net loss of Rs 50 crore in Q2FY25, down from Rs 101 crore the previous year. This improvement was driven by a 26% YoY increase in revenue, reaching Rs 1,905 crore, and a significant jump in adjusted EBITDA. ...Less

Honasa Consumer share price: Honasa Consumer, the parent company of Mamaearth, faced a setback with a net ...More

Honasa Consumer share price: Honasa Consumer, the parent company of Mamaearth, faced a setback with a net loss of Rs 19 crore in the second quarter. This loss comes after a strategic shift in their distribution model. Despite the setback, the company experienced growth in certain product categories and offline market share. ...Less

Hero MotoCorp share price: Hero MotoCorp saw a 14% increase in standalone net profit to Rs 1204 crore in ...More

Hero MotoCorp share price: Hero MotoCorp saw a 14% increase in standalone net profit to Rs 1204 crore in Q2, driven by strong revenue growth and improved margins. The company reported its highest-ever quarterly revenue from parts and accessories. ...Less

Engineering giant Larsen & Toubro (L&T) is expected to report a 16% year-on-year revenue increase for the ...More

Engineering giant Larsen & Toubro (L&T) is expected to report a 16% year-on-year revenue increase for the September quarter, driven by strong execution in infrastructure and energy. Four brokerage estimates place revenue between Rs 56,800 crore and Rs 59,146 crore. ...Less

Cipla Q2 Results: Revenue from operations increased 6% year-on-year to Rs 7,051 crore in July-September 2 ...More

Cipla Q2 Results: Revenue from operations increased 6% year-on-year to Rs 7,051 crore in July-September 2024, up from Rs 6,678 crore in the same period last year. The company reported a 12% year-on-year EBITDA growth to Rs 1,886 crore in Q2. The One India business grew 5% YoY, with the Branded Prescription segment continuing to outperform the market in major chronic therapies. ...Less

Canara Bank Q2 Results FY25: Canara Bank reported an 11% rise in net profit for the September quarter to ...More

Canara Bank Q2 Results FY25: Canara Bank reported an 11% rise in net profit for the September quarter to Rs 4,015 crore. Interest earned and expended both increased. Global business grew by 9.42%. ...Less

Federal Bank Share Price: Shares of Federal Bank surged 7% to an intraday high of Rs 197.75 on BSE after ...More

Federal Bank Share Price: Shares of Federal Bank surged 7% to an intraday high of Rs 197.75 on BSE after the bank posted an 11% increase in net profit to Rs 1,057 crore in the September quarter. The lender had earned a net profit of Rs 954 crore in the year-ago period. Total income rose to Rs 7,541 crore, compared to Rs 6,186 crore in the same quarter last year, while interest income reached Rs 6,577 crore, up from Rs 5,455 crore. ...Less

Adani Ports Share Price: Adani Ports & Special Economic Zone is expected to report a 6%-10% increase in Q ...More

Adani Ports Share Price: Adani Ports & Special Economic Zone is expected to report a 6%-10% increase in Q2FY25 revenue and a 19%-39% rise in net profit year-on-year. Kotak estimates a 10% YoY revenue growth to Rs 7,311 crore and PAT of Rs 2,400 crore. EBITDA is projected at Rs 4,277 crore, a 10% YoY increase. ...Less

Shares of Maruti Suzuki dropped by 2%. The company is expected to report flat revenue and up to a 5% fall ...More

Shares of Maruti Suzuki dropped by 2%. The company is expected to report flat revenue and up to a 5% fall in net profit for the second quarter. Analysts cite lower volumes in entry-level vehicles and utility cars as reasons. ...Less

Q2 earnings for Maruti and Cipla are expected to be muted, with Maruti likely seeing a 2% decline in volu ...More

Q2 earnings for Maruti and Cipla are expected to be muted, with Maruti likely seeing a 2% decline in volumes and flat revenues, while net profit could drop up to 5%. Cipla may report 3-6% revenue growth and a 4-5.7% rise in net profit. ...Less

IndiaMart Share Price: The company also reported an 18% jump in its revenue on a year-on-year basis (YoY) ...More

IndiaMart Share Price: The company also reported an 18% jump in its revenue on a year-on-year basis (YoY) at Rs 348 crore for the second quarter ended September 2024, which stood at Rs 295 crore in the same quarter of the previous fiscal year. ...Less

Indian Oil Corp’s net profit dropped 99% to Rs 180 crore in the July-September quarter from Rs 12,967 cro ...More

Indian Oil Corp’s net profit dropped 99% to Rs 180 crore in the July-September quarter from Rs 12,967 crore a year earlier on inventory losses and weak refining margins. ...Less

Suzlon Energy Q2 results FY25: Suzlon Energy reported a 96% YoY jump in net profit to Rs 201 crore in Q2F ...More

Suzlon Energy Q2 results FY25: Suzlon Energy reported a 96% YoY jump in net profit to Rs 201 crore in Q2FY25. Revenue from operations stood at Rs 2,093 crore, up 48% YoY. EBITDA was Rs 294 crore, up 31% YoY. The company delivered robust deliveries at 256 MW and has an all-time high order book of 5.1 GW. ...Less

Bharti Airtel Q2 Results: The company's revenue from operations for the quarter reached Rs 41,473 crore, ...More

Bharti Airtel Q2 Results: The company's revenue from operations for the quarter reached Rs 41,473 crore, marking a 12% increase from Rs 37,044 crore in the same quarter last year. The average revenue per user (ARPU) rose 15% year-on-year to Rs 233 from Rs 203 in Q2FY24. Consolidated net income (before exceptional items) increased by 32.2% YoY to Rs 3,911 crore. ...Less

Adani Power Q2 Results: In the year-ago period, revenue was Rs 6,594.17 crore. For the recent quarter, re ...More

Adani Power Q2 Results: In the year-ago period, revenue was Rs 6,594.17 crore. For the recent quarter, revenue from operations reached Rs 13,339 crore, up 3% from Rs 12,991 crore in the same quarter last year. Continuing revenue grew 20% YoY to Rs 28,517 crore in H1 FY25 and 10.8% YoY to Rs 13,465 crore in Q2 FY25, as per the company’s filing. ...Less

Indian Oil Q2 Results: Revenue from operations declined 4% year-on-year (YoY) to Rs 1.95 lakh crore in th ...More

Indian Oil Q2 Results: Revenue from operations declined 4% year-on-year (YoY) to Rs 1.95 lakh crore in the reporting quarter, down from Rs 2.02 lakh crore a year ago. ...Less

BHEL Q2 Results FY25: Bharat Heavy Electricals Limited (BHEL) reported a consolidated net profit of ?106 ...More

BHEL Q2 Results FY25: Bharat Heavy Electricals Limited (BHEL) reported a consolidated net profit of ?106 crore for the September quarter, a notable turnaround from a loss of ?63 crore in the same period last year. The company's revenue from operations during the quarter stood at Rs 6,584 crore which was up 28% over Rs 5125.29 crore reported in the corresponding quarter of the previous financial year. ...Less

Sales value grew 18% in the first half to Rs 560 crore. Collections remained robust in the first half at ...More

Sales value grew 18% in the first half to Rs 560 crore. Collections remained robust in the first half at Rs 298 crore, up 34% from a year ago driven by strong sales and efficient project execution. ...Less

PNB Q2 Results FY25: The lender earned interest income of Rs 29,875 crore in the reported quarter, reflec ...More

PNB Q2 Results FY25: The lender earned interest income of Rs 29,875 crore in the reported quarter, reflecting a 13% increase from Rs 26,355 crore in the corresponding quarter of the previous financial year. ...Less

Cipla is set to report a 3-6% revenue growth for the September quarter, as forecasted by four brokerages. ...More

Cipla is set to report a 3-6% revenue growth for the September quarter, as forecasted by four brokerages. The earnings for Q2FY25 will be announced on October 29, 2024. Estimates for net profit also show a potential increase of 4-5.7%. Different brokerages provided varying figures for revenue and profit expectations. ...Less

ICICI Bank’s shares jumped 3.14% after the bank posted a 14.5% increase in net profit for the September q ...More

ICICI Bank’s shares jumped 3.14% after the bank posted a 14.5% increase in net profit for the September quarter. Net interest income rose 9.5% year-on-year. Experts maintain a 'Buy' rating on the stock, citing robust loan and deposit growth along with strong asset quality performance. ...Less

Bharti Airtel is projected to deliver strong Q2FY25 results, with triple-digit net profit growth YoY. PAT ...More

Bharti Airtel is projected to deliver strong Q2FY25 results, with triple-digit net profit growth YoY. PAT is estimated between Rs 4,570 crore and Rs 5,217 crore, reflecting a YoY increase of 103% to 254%. Revenue is expected to range from Rs 40,822 crore to Rs 41,591 crore, indicating a 10% to 12% YoY growth, supported by industry-leading ARPU and diverse business segments. ...Less

Indian companies, excluding oil and gas, reported solid double-digit profit growth for the seventh consec ...More

Indian companies, excluding oil and gas, reported solid double-digit profit growth for the seventh consecutive quarter, although the pace of expansion slowed. While banks and finance companies performed well, overall earnings were subdued due to a higher base effect and rising interest costs. ...Less

Tech Mahindra's Q2 revenue growth is expected to be muted with only a 2% year-on-year rise. However, a on ...More

Tech Mahindra's Q2 revenue growth is expected to be muted with only a 2% year-on-year rise. However, a one-time gain from a land sale is anticipated to double net profit. Margins are forecasted to improve slightly due to cost-control measures. ...Less

HDFC Bank's net profit for the September quarter is anticipated to rise by 2% year-on-year. Net interest ...More

HDFC Bank's net profit for the September quarter is anticipated to rise by 2% year-on-year. Net interest income may jump 11%. Investors will watch the management's comments on deposit growth and credit progression. The bank's gross advances and CASA deposits saw moderate growth in the same period. ...Less

Zee Entertainment Enterprises (ZEEL) is set to announce its Q2FY25 earnings, with expected revenue at Rs ...More

Zee Entertainment Enterprises (ZEEL) is set to announce its Q2FY25 earnings, with expected revenue at Rs 2,059 crore, marking a 16% YoY decline. Core net profit is anticipated at Rs 153 crore, an 18% increase YoY. EBITDA is projected to decline by 21% YoY to Rs 264 crore. ...Less

Global Health (Medanta) witnessed a 4.5% rise in net profit, reaching Rs. 130.8 crore in Q2FY25, driven b ...More

Global Health (Medanta) witnessed a 4.5% rise in net profit, reaching Rs. 130.8 crore in Q2FY25, driven by revenue growth from existing and new hospitals, coupled with increased patient numbers. Their revenue climbed 12.7% YoY, hitting Rs 975 crore, with EBITDA at Rs 247 crore, marking a 5.5% YoY increase. ...Less

Sobha Ltd reported a 3.3x QoQ and 74% YoY increase in Q2FY25 PAT to Rs 26.1 crore. Revenue grew 44% QoQ a ...More

Sobha Ltd reported a 3.3x QoQ and 74% YoY increase in Q2FY25 PAT to Rs 26.1 crore. Revenue grew 44% QoQ and 25% YoY to Rs 965 crore. Real estate collections reached Rs 1,222 crore, and sales value was Rs 1,178 crore with an average price realization of Rs 12,674 per sq ft. Kerala was a key performer with its best-ever quarterly sales. ...Less

Glenmark Pharma reported Rs 340 crore net profit in Q2FY25 led by robust sales growth in India and Europe ...More

Glenmark Pharma reported Rs 340 crore net profit in Q2FY25 led by robust sales growth in India and Europe. The drugmaker reported a net loss of Rs 180 crore in the corresponding quarter of the previous year. ...Less

A slew of new-age firms reported their September quarter. This and more in today ETtech Top 5. ...More

A slew of new-age firms reported their September quarter. This and more in today ETtech Top 5. ...Less

Allcargo Logistics has clocked a net sales of Rs 689.80 crore in Q2 of FY25 up 79.43% from Rs 384.43 cror ...More

Allcargo Logistics has clocked a net sales of Rs 689.80 crore in Q2 of FY25 up 79.43% from Rs 384.43 crore in Q2 of FY24. The quarterly net profit of the company stood at Rs 36.99 crore in Q2 of FY25 up 161.04% from Rs. 14.17 crore in Q2 of FY24. ...Less

Muthoot Finance reported a 21% YoY rise in consolidated net profit to Rs 1321 crore in Q2FY25. Standalone ...More

Muthoot Finance reported a 21% YoY rise in consolidated net profit to Rs 1321 crore in Q2FY25. Standalone net profit grew 26% to Rs 1251 crore. Assets under management increased 31% YoY to Rs 90,197 crore. ...Less

The reduction in the company’s losses was driven by higher revenues on both a yearly and quarterly basis. ...More

The reduction in the company’s losses was driven by higher revenues on both a yearly and quarterly basis. Firstcry’s operator reported a topline of Rs 1,905 crore in Q2FY25, up from Rs 1,507 crore in the same quarter last year and Rs 1,652 crore in Q1FY25, reflecting a 26% YoY and 15% QoQ increase. ...Less

Auto component firm Bharat Forge on Thursday said its consolidated net profit increased 13 per cent year- ...More

Auto component firm Bharat Forge on Thursday said its consolidated net profit increased 13 per cent year-on-year to Rs 243 crore for the second quarter ended September 30, 2024. ...Less

The average gross refining margin (GRM) for the second quarter was $3.12 per barrel, significantly down f ...More

The average gross refining margin (GRM) for the second quarter was $3.12 per barrel, significantly down from $13.33 per barrel in the same period last year. The company attributed this decline in GRMs to the broader trend in international benchmark product cracks, reflecting the weaker refining margins seen globally. ...Less

The company posted a loss of Rs 471 crore in the September 2024 quarter, a sharp reversal from a profit o ...More

The company posted a loss of Rs 471 crore in the September 2024 quarter, a sharp reversal from a profit of Rs 860 crore a year earlier, driven by a 32-fold increase in provisions to Rs 910 crore from Rs 28 crore. Provisions for the STPL portfolio amounted to Rs 666 crore. The company recalibrated its credit parameters, raising the provision coverage ratio to 84.47% from 52.53% in June 2024. ...Less

Bank of Baroda Q2 Results: The bank maintained a strong ROA above 1%, with 1.30% for Q2FY25 and 1.20% for ...More

Bank of Baroda Q2 Results: The bank maintained a strong ROA above 1%, with 1.30% for Q2FY25 and 1.20% for H1FY25, and ROE of 19.22% for Q2FY25 and 17.79% for H1FY25. Operating income grew 12% YoY in Q2FY25 to Rs 16,803 crore, driven by a 24.2% YoY increase in non-interest income. ...Less

Yes Bank is anticipated to show significant growth in its Q2 FY25 results, with net profit potentially in ...More

Yes Bank is anticipated to show significant growth in its Q2 FY25 results, with net profit potentially increasing by up to 145% and net interest income rising by up to 23% year-on-year. Brokerages such as JM Financial, Nomura, and Kotak Institutional Equities have provided these estimates. ...Less

PI Industries Share Price: PI Industries shares dropped 9% despite a 6% YoY rise in Q2 profit, driven by ...More

PI Industries Share Price: PI Industries shares dropped 9% despite a 6% YoY rise in Q2 profit, driven by biological growth and improved gross margins. However, domestic revenue saw a decline. ...Less

Nalco share Price: National Aluminium Company (Nalco) witnessed a remarkable five-fold surge in its conso ...More

Nalco share Price: National Aluminium Company (Nalco) witnessed a remarkable five-fold surge in its consolidated profit for the September quarter, reaching Rs 1,045.97 crore, driven by robust revenue growth. The company's board has announced an interim dividend of Rs 4 per share. Nalco's shares, despite a recent dip, have shown impressive growth this year. ...Less

Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tari ...More

Vodafone Idea reported a smaller net loss of Rs 7,176 crore in Q2 FY25, helped by revenue growth and tariff hikes. Despite this, the telco's subscriber base shrunk due to the price increases. Vodafone Idea's future hinges on securing debt funding, as highlighted by analysts. ...Less

I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India's ...More

I strongly believe that earnings misses have largely bottomed out in Q2. If we look at corporate India's performance, two sectors have disappointed slightly. First is the banking sector, where we’ve seen a rise in NPAs from unsecured loans ...Less