KEY HIGHLIGHTS
Q2 Results Live: GMR Airports Total Pax Traffic Rises 8%
The total pax traffic in the second quarter increased 8% year-on-year to 31.5 million, with Delhi Airport reaching 38.3 million pax and Hyderabad reaching 13.7 million pax.
Source: Press Release
Q2 Results Live: Ethnic Snacks Highest Contributor To Bikaji Foods Overall Business
While Papad segment revenue grew 26.2%, the western snacks revenue rose 23.2% and packaged sweets revenue increased by 22%. The ethnic snacks revenue in the second quarter rose by 10.5%, with the segment contributing the 63.8% to the overall revenue. Papad segment contributed 4.1% to the overall revenue while western snacks and packaged goods contributed 8.3% and 17.5%, respectively.
Source: Press Release
Q2 Results Live: GMR Airports Net Loss Widens At Rs 428.77 Crore
GMR Airports Q2 Highlights (Consolidated, YoY)
Revenue up 21.1% to Rs 2,495.46 crore versus Rs 2,061.50 crore.
Net loss at Rs 428.77 crore versus loss of Rs 190.35 crore.
Ebitda up 20% to Rs 866.94 crore versus Rs 724.67 crore.
Margin at 34.7% versus 35.2%.
The company has one time gain of Rs 109 crore in the second quarter.
Q2 Results Live: NTPC Profit Rises 14%
NTPC Q2 Highlights (Consolidated, YoY)
Revenue down 0.6% to Rs 44,696.30 crore versus Rs 44,983.35 crore.
Net profit up 14% to Rs 5,380.25 crore versus Rs 4,726.40 crore.
Ebitda down 8% to Rs 11,655.23 crore versus Rs 12,680.19 crore.
Margin at 26.1% versus 28.2%.
Q2 Results Live: ITC's Revenue From Cigratee Business Grew 7%
ITC FMCG Business
Revenue in cigratte business was up 6.79% at Rs 8,177 crore versus Rs 7,657 crore.
Revenue in other business was up 5.4% Rs 5,577 crore versus Rs 5.291 crore.
Q2 Results Live: Aarti Drugs Profit Falls 12%
Aarti Drugs Q2 Highlights (Consolidated, YoY)
Revenue down 6.7% to Rs 598.33 crore versus Rs 641.54 crore.
Net profit down 12% to Rs 34.96 crore versus Rs 39.60 crore.
Ebitda down 12% to Rs 67.05 crore versus Rs 76.45 crore.
Margin at 11.2% versus 11.9%.
Q2 Results Live: Oracle Financial Services Software Net Profit Falls 6%
Oracle Financial Services Software Q2 Highlights (Consolidated, QoQ)
Revenue down 3.9% to Rs 1,673.90 crore versus Rs 1,741.40 crore.
Net profit down 6% to Rs 577.70 crore versus Rs 616.70 crore.
Ebitda down 12% to Rs 732.80 crore versus Rs 829.60 crore.
Margin at 43.8% versus 47.6%.
Q2 Results Live: ITC To Acquire Shares Of EIH And HLV
The board of directors of ITC approved acquisition of 1.52 crore equity shares of Rs 2 each of EIH Ltd and 34.60 lakh equity shares of Rs 21 each of HLV Ltd from Russell Credit Ltd, a wholly owned subsidiary of the company.
ITC will acquire the shares at their respective book value, in order to consolidate shareholding of EIH and HLV under the company.
Post such acquisition, the total shareholding of ITC in EIH and HLV would be 16.13% and 8.11% of their paid-up share capital, respectively.
Q2 Results Live: ITC's Agriculture Business Revenue Grew 47%
Revenue in cigratte up 6.79% at Rs 8,177 crore versus Rs 7,657 crore.
Revenue in hotels business up 12.01% at Rs 727 crore versus Rs 649 crore.
Revenue in agriculture business up 47.07% at Rs 5,780 crore versus Rs 3,930 crore.
Revenue in paperboards, paper and packaging up 2.17% at Rs 2,114 crore versus Rs 2,069 crore.
Q2 Results Live: Patanjali Foods Profit Rises 17%
Patanjali Foods Q2 Highlights (Consolidated, QoQ)
Revenue up 13.7% to Rs 8,154.19 crore versus Rs 7,173.06 crore.
Net profit up 17% to Rs 308.58 crore versus Rs 262.72 crore.
Ebitda up 11% to Rs 449.13 crore versus Rs 405.60 crore.
Margin at 5.5% versus 5.7%.
Q2 Results Live: V2 Retail Loss Narrows To Rs 1.93 Crore
V2 Retail Q2 Highlights (Consolidated, YoY)
Revenue up 64.3% to Rs 380.00 crore versus Rs 231.32 crore.
Net profit down 134% to Rs -1.93 crore versus Rs 5.70 crore.
Ebitda up 66% to Rs 33.05 crore versus Rs 19.88 crore.
Margin at 8.7% versus 8.6%.
Q2 Results Live: ITC Profit Rises 3%
ITC Q2 Highlights (Standalone, YoY)
Revenue up 16% to Rs 19,327.72 crore versus Rs 16,550 crore.
Net profit up 3% to Rs 5,078.34 crore versus Rs 4,927 crore.
Ebitda up 5% to Rs 6,335.17 crore versus Rs 6,042 crore.
Margin at 32.8% versus 36.5%.
Q2 Results Live: Chalet Hotels Reports Net Loss Of Rs 138.72 Crore
Chalet Hotels Q2 Highlights (Consolidated, YoY)
Revenue up 19.9% to Rs 377.05 crore versus Rs 314.55 crore.
Net loss at Rs 138.72 crore versus Rs 36.31 crore.
Ebitda up 19% to Rs 149.51 crore versus Rs 125.96 crore.
Margin at 39.7% versus 40.0%.
Q2 Results Live: CIE Automotive India Profit Falls 48%
CIE Automotive India Q3 Highlights (Consolidated, YoY)
Revenue down 6.4% to Rs 2,134.63 crore versus Rs 2,279.41 crore.
Net profit down 48% to Rs 195.23 crore versus Rs 375.42 crore.
Ebitda down 4% to Rs 330.58 crore versus Rs 345.38 crore.
Margin at 15.5% versus 15.2%.
Q2 Results Live: PNB Housing Finance Net Profit Rises 22.7%
PNB Housing Finance Q2 Highlights (Consolidated, YoY)
Total income rises 5.7% at Rs 1,869 crore versus Rs 1,768 crore.
Net profit rises 22.7% at Rs 472 crore versus Rs 384 crore.
Q2 Results Live: Glenmark Life Sciences Profit Falls 20%
Glenmark Life Sciences Q2 Highlights (Consolidated, YoY)
Revenue down 14.9% to Rs 506.88 crore versus Rs 595.36 crore.
Net profit down 20% to Rs 95.32 crore versus Rs 118.74 crore.
Ebitda down 20% to Rs 134.35 crore versus Rs 167.08 crore.
Margin at 26.5% versus 28.1%.
Q2 Results Live: JSW Energy Profit Rises 2%
JSW Energy Q2 Highlights (Consolidated, YoY)
Revenue down 0.7% to Rs 3,237.66 crore versus Rs 3,259.42 crore.
Net profit up 2% to Rs 876.76 crore versus Rs 856.79 crore.
Ebitda down 10% to Rs 1,684.87 crore versus Rs 1,880.38 crore.
Margin at 52.0% versus 57.7%.
Q2 Results Live: Bikaji Foods International Profit Rises 15%
Bikaji Foods International Q2 Highlights (Consolidated, YoY)
Revenue up 18.5% to Rs 721.17 crore versus Rs 608.69 crore.
Net profit up 15% to Rs 68.58 crore versus Rs 59.78 crore.
Ebitda up 22% to Rs 106.73 crore versus Rs 87.73 crore.
Margin at 14.8% versus 14.4%.
Q2 Results Live: NTPC Energy Sales Falls Nearly 2%
NTPC Q2 Update
NTPCs gross generation in the second quarter fell 2% at 88.46 billion units (YoY).
The energy sales in the second quarter fell 1.9% at 82.22 billion units (YoY).
Q2 Results Live: Godrej Consumer Products' Urban Growth Moderates
While Godrej Consumer Products urban growth has moderated, the growth in rural regions have picked up said Sudhir Sitapati managing director and chief executive officer.
He also added that investment in rural has done better for the company.
Source: Earnings Concall
Q2 Results Live: Godrej Consumer Products To Double And Triple Distribution In Insecticides
Godrej Consumer Products will double and triple distribution in insecticides said Sudhir Sitapati managing director and chief executive officer.
He also added that as there is more pressure on soaps volume growth in soaps will be soft going forward. He also added that he is hopeful of other segments compensate.
Source: Earnings Concall
Q2 Results Live: Godrej Consumer Products Ebitda Grows In Next Quarter
Godrej Consumer Products had a good quarter despite the headwinds, said Sudhir Sitapati managing director and chief executive officer.
Ebitda Growth margin will grow in the next quarters, he added.
Source: Earnings Concall
Q2 Results Live: Mahanagar Gas Profit Falls 2%
Mahanagar Gas Q2 Highlights (Consolidated, QoQ)
Revenue up 7.1% to Rs 1,786.25 crore versus Rs 1,665.76 crore.
Net profit down 2% to Rs 283.50 crore versus Rs 288.77 crore.
Ebitda down 5% to Rs 413.42 crore versus Rs 436.75 crore.
Margin at 23.1% versus 26.2%.
Q2 Results Live: R R Kabel Profit Falls 33%
R R Kabel Q2 Highlights (Consolidated, YoY)
Revenue up 12.5% to Rs 1,810.14 crore versus Rs 1,609.67 crore.
Net profit down 33% to Rs 49.53 crore versus Rs 74.10 crore.
Ebitda down 29% to Rs 85.78 crore versus Rs 120.99 crore.
Margin at 4.7% versus 7.5%.
Q2 Results Live: Nippon Life India Asset Management Profit Rises 47%
Nippon Life India Asset Management Q2 Highlights (Consolidated, YoY)
Total income rises 45.6% at Rs 692 crore versus Rs 475 crore.
Net profit rises 47.3% at Rs 360 crore versus Rs 244 crore.
Q2 Results Live: VST Industries Profit Falls 37%
VST Industries Q2 Highlights (Consolidated, YoY)
Revenue up 1.9% to Rs 360.03 crore versus Rs 349.54 crore.
Net profit down 37% to Rs 47.56 crore versus Rs 75.95 crore.
Ebitda down 14% to Rs 67.61 crore versus Rs 78.91 crore.
Margin at 18.8% versus 22.6%.
Q2 Results Live: IndusInd Bank Sees Green Shoots In The Vehicle Finance Business
IndusInd Bank is seeing green shoots in the vehicle finance business in the festive season, said Sumant Kathpalia, managing director and chief executive officer at IndusInd Bank.
However, he added that the vehicle finance business is still not doing as well as last year.
Source: Earnings Concall
Q2 Results Live: IndusInd Bank Is Watchful Of Microfinance Business
IndusInd Bank is watchful of microfinance business and are in full compliance with RBI requirements, said Sumant Kathpalia, managing director and chief executive officer at IndusInd Bank.
The Bank expects the credit card and microfinance businesses to pick up in the next two quarters.
Source: Earnings Concall
Q2 Results Live: Le Travenues Technology Profit Falls 12%
Revenue up 13.5% to Rs 206.47 crore versus Rs 181.88 crore.
Net profit down 12% to Rs 13.08 crore versus Rs 14.86 crore.
Ebitda up 8% to Rs 17.97 crore versus Rs 16.66 crore.
Margin at 8.7% versus 9.2%
Q2 Results Live: Coromandel International Profit Falls 13%
Coromandel International Q2 Highlights (Consolidated, YoY)
Revenue up 6.4% to Rs 7,432.83 crore versus Rs 6,988.13 crore.
Net profit down 13% to Rs 659.10 crore versus Rs 754.59 crore.
Ebitda down 8% to Rs 974.77 crore versus Rs 1,058.71 crore.
Margin at 13.1% versus 15.2%.
Q2 Results Live: DCB Bank Profit Rises 23%
DCB Bank Q2 Highlights (Consolidated, YoY)
NII rise 7% at Rs 509 crore versus Rs 476 crore (YoY).
Net profit rises 23% at Rs 155 crore versus Rs 127 crore (YoY).
Gross NPAs at 3.29% vs 3.33% (QoQ).
Net NPAs at 1.17% vs 1.18% (QoQ).
Q2 Results Live: United Breweries Profit Rises 23%
United Breweries Q2 Highlights (Consolidated, YoY)
Revenue up 13.1% to Rs 2,116.72 crore versus Rs 1,890.05 crore.
Net profit up 23% to Rs 132.33 crore versus Rs 107.17 crore.
Ebitda up 23% to Rs 227.22 crore versus Rs 184.29 crore.
Margin at 10.7% versus 9.8%.
Q2 Results Live: Home Finance Net Profit Rises 24.11%
Home Finance Q2 Highlights (Consolidated, YoY)
Total Income rises 35% at Rs 374 crore versus Rs 278 crore.
Net profit rises 24% at Rs 92 crore versus Rs 74 crore.
Q2 Results Live: IEX Profit Rises 25%
IEX Q2 Highlights (Consolidated, YoY)
Revenue up 28% at Rs 139 crore vs Rs 109 crore (Bloomberg Estimate: Rs 150 crore).
Ebitda up 30% at Rs 120 crore vs Rs 92 crore (Bloomberg Estimate: Rs 141 crore).
Margins expanded 130 basis points to 86% vs 84.7% (Bloomberg Estimate: 93.7%).
Net profit up 25% at Rs 108 crore vs Rs 87 crore (Bloomberg Estimate: Rs 110 crore).
Q2 Results Live: Cyient Profit Rises 2%
Cyient Q2 Highlights (Consolidated, YoY)
Revenue up 4.0% to Rs 1,849.10 crore versus Rs 1,778.50 crore.
Net Profit up 2% to Rs 186.60 crore versus Rs 183.60 crore.
Ebitda down 9% to Rs 296.70 crore versus Rs 325.80 crore.
Margin at 16.0% versus 18.3%.
Q2 Results Live: Dixon Technologies Profit Rises More Than 3.5 Times
Dixon Technologies Q2 Highlights (Consolidated, QoQ)
Revenue up 133.3% to Rs 11,534.08 crore versus Rs 4,943.18 crore.
Net profit up 263% to Rs 411.70 crore versus Rs 113.36 crore.
Ebitda up 114% to Rs 426.37 crore versus Rs 198.91 crore.
Margin at 3.7% versus 4.0%.
Q2 Results Live: Petronet LNG Profit Falls 21%
Petronet LNG Q2 Highlights (Consolidated, QoQ)
Revenue down 2.9% to Rs 13,024.29 crore versus Rs 13,415.13 crore.
Net profit down 21% to Rs 870.61 crore versus Rs 1,105.47 crore.
Ebitda down 23% to Rs 1,202.28 crore versus Rs 1,562.50 crore.
Margin at 9.2% versus 11.6%.
Q2 Results Live: IndusInd Expects Retail Disbursement To Pick In This Fiscal
IndusInd Bank Managing Director and Chief Executive Officer Sumant Kathpalia expects retail disbursements to pick up in second half of this financial year.
Source: Earnings Concall
Q2 Results Live: IndusInd Bank NIM Diluted Due To Slower Retail Asset Growth
IndusInd Bank's NIM diluted due to slower retail asset growth and higher deposit growth, said Sumant Kathpalia, managing director and chief executive officer at IndusInd Bank.
Kathpalia also said RoA contraction is transitory, and it should resume growth.
Source: Earnings Concall
Q2 Results Live: IndusInd Bank Watchful Of Developments In Unsecured Products
IndusInd Bank is watchful of developments in unsecured products and has slowed growth said Sumant Kathpalia, managing director and chief executive officer at IndusInd Bank.
He further added that retail deposit mobilisation has picked up in the quarter with its share increasing to 41.4%.
Source: Earnings Concall
Q2 Results Live: Radico Khaitan Profit Rises 24%
Radico Khaitan Q2 Highlights (Consolidated, YoY)
Revenue up 9.5% to Rs 1,116.30 crore versus Rs 925.01 crore.
Net profit up 24% to Rs 80.66 crore versus Rs 64.84 crore.
Ebitda up 35% to Rs 163.19 crore versus Rs 121.21 crore.
Margin at 14.6% versus 13.1%.
Q2 Results Live: Castrol India Profit Rises 7%
Castrol India Q3 Highlights (Consolidated, YoY)
Revenue up 8.9% to Rs 1,288.18 crore versus Rs 1,182.92 crore.
Net profit up 7% to Rs 207.43 crore versus Rs 194.42 crore.
Ebitda up 7% to Rs 286.11 crore versus Rs 268.56 crore.
Margin at 22.2% versus 22.7%.
Q2 Results Live: Godrej Consumers Net Profit Rises 13%
Godrej Consumers Q2 Highlights (Consolidated, YoY)
Revenue up 1.77% at Rs 3,666 crore versus Rs 3,602 crore.
Ebitda up 5.25% at Rs 761 crore versus Rs 723 crore.
Ebitda margin up 68 bps at 20.75% versus 20.07%.
Net profit up 13.39% at Rs 491 crore versus Rs 433 crore.
Q2 Results Live: Go Digit Net Profit Surges To Rs 89.5 Crore
Go Digit Q2 Highlights (YoY)
Total income rises 16.4% at Rs 2,175 crore versus Rs 1,869 crore.
Net profit at Rs 89.5 crore versus Rs 27.7 crore.
Q2 Results Live: IndusInd Bank Profit Falls 39%
IndusInd Bank Q2 Highlights
NII rises 5% at Rs 5,347 crore versus Rs 5,077 crore (YoY).
Net profit down 39% at Rs 1,325 crore versus Rs 2,181 crore (YoY).
Gross NPA At 2.11% versus 2.02% (QoQ).
Net NPA At 0.64% versus 0.60% (QoQ).
Provisions up 73% at Rs 1,820 crore versus Rs 1,050 crore (QoQ).
Q2 Results Live: Apcotex Industries Net Profit Falls 28%
Apcotex Industries Q2 Highlights (Consolidated, YoY)
Revenue up 25.7% to Rs 351.06 crore versus Rs 279.24 crore.
Net profit down 28% to Rs 10.95 crore versus Rs 15.31 crore.
Ebitda down 13% to Rs 27.49 crore versus Rs 31.66 crore.
Margin at 7.8% versus 11.3%.
Q2 Results Live: Westlife Foodworld Net Profit Falls 98%
Westlife Foodworld Q2 Highlights (Consolidated, YoY)
Revenue up 0.5% to Rs 618.00 crore versus Rs 614.73 crore.
Net profit down 98% to Rs 0.35 crore versus Rs 22.37 crore.
Ebitda down 23% to Rs 76.01 crore versus Rs 98.23 crore.
Margin at 12.3% versus 16.0%.
Q2 Results Live: Laurus Labs Profit Falls 55%, Misses Estimates
Laurus Labs Q2 Highlights (Consolidated, YoY)
Revenue flat at Rs 1,223.70 crore versus Rs 1,224.45 crore.
Net profit down 55% to Rs 17.72 crore versus Rs 39.32 crore.
Ebitda down 5% to Rs 178.33 crore versus Rs 187.87 crore.
Margin at 14.6% versus 15.3%.
Q2 Results Live: Adani Total Gas Net Profit Rises 8%
Adani Total Gas Q2 Highlights (Consolidated, QoQ)
Revenue up 6.4% to Rs 1,218.65 crore versus Rs 1,145.49 crore.
Net profit up 8% to Rs 185.60 crore versus Rs 171.84 crore.
Ebitda up 3% to Rs 305.77 crore versus Rs 296.47 crore.
Margin at 25.1% versus 25.9%.
Q2 Results Live: CSB Bank Net Profit Up 4%: Q2 Result Updates
Net Profit up 4% at Rs 138 crore vs Rs 133 crore (YoY)
Gross NPA At 1.68 Vs 1.69% (QoQ)
Net NPA At 0.69 Vs 0.68% (QoQ)
Net interest income 7% at Rs 367 crore vs Rs 344 crore (YoY)
Q2 Results Live: Adani Wilmar Posts Profit Of Rs 311 Crore
Revenue up 18% at Rs 14,460 crore vs Rs 12,267 crore
EBITDA rises 4 times to Rs 566 crore vs Rs 144 crore
EBITDA margin at 3.9% vs 1.2%
Net profit at Rs 311 crore vs loss of Rs 131 crore
Q2 Earnings Live: Transport Corp Net Profit Rises 22%
Revenue up 13% at Rs 1,121 crore vs Rs 994 crore
EBITDA up 17% at Rs 117 crore vs Rs 100 crore
EBITDA margin at 10.4% vs 10.1%
Net profit up 22% at Rs 107 crore vs Rs 88 crore
Q2 Results Live: LT Foods Net Profit Falls 4%
LT Foods Q2 Highlights (Consol,YoY)
Revenue up 7% at Rs 2,108 crore vs Rs 1,978 crore
EBITDA down 5% at Rs 229 crore vs Rs 240 crore
EBITDA margin at 10.9% vs 12.2%
Net profit down 4% at Rs 151 crore vs Rs 157 crore
Q2 Results Live: Ramkrishna Forgings Net Profit More Than Doubles On One-Time Gain
Ramkrishna Forgings Q2 Highlights (Consol,YoY)
Net Profit at Rs 190 crore vs Rs 82.2 crore
Revenue up 17.2% at Rs 1,054 crore vs Rs 899 crore
EBITDA up 16.2% at Rs 233 crore vs Rs 200 crore
Margin At 22.1% Vs 22.3%
One-time gain of Rs 95 crore in Q2 FY25 from sale of subsidiary to Yatra Online
Q2 Results Live: PNB Gilts Posts Profit Against Year Ago Loss
PNB Gilts Q2 Highlights (YoY)
Total income up 44.37% at Rs 501 crore vs Rs 347 crore
Net profit at Rs 115 crore vs loss of Rs 41.1 crore
Q2 Results Live: Tata Teleservices Reports Net Loss Of Rs 330 Crore
Tata Teleservices Q2 Highlights (QoQ)
Net loss of Rs 330 crore versus loss of Rs 323 crore.
Revenue up 6.2% at Rs 343 crore versus Rs 323 crore.
Ebitda up 1.7% at Rs 137 crore versus Rs 135 crore.
Margin at 39.9% versus 41.7%.
Q2 Results Live: ACC Revenue Sees Uptick
ACC Q2 Highlights (Consolidated, YoY)
Revenue up 4% at Rs 4,614 crore versus Rs 4,435 crore.
Ebitda down 21% at Rs 436 crore versus Rs 549 crore.
Ebitda margin at 9.5% vs 12.4%.
Net profit down 49% at Rs 200 crore versus Rs 388 crore
Q2 Results Live: Strides Pharma Profit Miss Projections
Strides Pharma Q2 Highlights (Consolidated, YoY)
Net profit at Rs 94 crore versus loss of Rs 150 crore
Revenue up 20% at Rs 1,201 croer versus Rs 999 crore.
Ebitda up 54% at Rs 236 crore versus Rs 153 crore.
Ebitda margin at 19.6% versus 15.3% .
Q2 Results Live: Here's What To Expect From ITC Earnings
FMCG major ITC is likely to report a net profit of Rs 5,154 crore for the quarter ended September, according to Bloomberg estimates.
It is likely to report a top line of Rs 18,068 crore, earnings before interest, taxes, depreciation and amortisation of Rs 6,506 crore, as well as an Ebitda margin of 36%, as per estimates.
Key Factors To Watch Out For:
Unseasonal monsoon rains disrupted supply chains.
Compression in margins due to raw material inflation.
FMCG business to see demand pressure.
Paper business volumes are expected to decline.
Hotel and Agri business to grow in early double digits.
Q2 Results Live: Ujjivan SFB Net Profit Declines
Ujjivan Small Finance Bank Q2 Highlights
NII up 15% at Rs 944 crore versus Rs 823 crore (YoY).
Net profit down 29% at Rs 233 crore versus Rs 328 crore (YoY).
Gross NPA flat at 2.52% (QoQ).
Net NPA 0.56% versus 0.41% (QoQ).
Q2 Results Live: Colgate Palmolive Profit Meets Estimates
Colgate-Palmolive (India) Ltd.’s profit rose 16% in the second quarter of fiscal 2025, meeting analysts' estimates.
The net profit of the eponymous toothpaste-maker increased 16% over the previous year to Rs 395 crore in the July-September quarter. That compares with the Rs 399-crore consensus estimate of analysts tracked by Bloomberg.
Colgate Palmolive Q2 Highlights (YoY)
Revenue up 10.06% at Rs 1,618 crore versus Rs 1,470 crore.
Ebitda up 3.11% at Rs 496 crore versus Rs 481 crore.
Margin down 206 bps at 30.65% versus 32.72%.
Net profit up 16.17% at Rs 395 crore versus Rs 340 crore.
Q2 Live Updates: Indoco Remedies Reports Net Loss
Indoco Remedies Q2 Highlights (Consolidated, YoY)
Net loss of Rs 10 crore versus profit of Rs 35.2 crore.
Revenue down 9.1% at Rs 431 crore versus Rs 474 crore.
Ebitda down 39.2% at Rs 38.6 crore versus Rs 63.5 crore.
Margin at 9% versus 13.4%.
Global Earnings: Hyundai Motor India Retail Sales Drops
Hyundai Motor Q3 Key Highlights (Year-on-Year)
Global retail sales fall 3.1%
India retail sales fall 6.3%
Europe retail sales fall 3.9%
China retail sales fall 41.5%
North American retail sales rise 4.3%
South Korea retail sales rise 1.8%
Operating profit at 3.58 Trillion Won versus Bloomberg Est estimate of 3.88 Trillion Won
Net Profit at 3.05 Trillion Won versus Bloomberg Estimate of 3.29 Trillion Won
Sales at 42.93 Trillion Won versus Bloomberg Estimate of 42.96 Trillion Won
(Source: Bloomberg)
Q2 Live Updates: Earnings Estimates Of Major Companies
Here are the earnings estimates of major companies that are scheduled to announce their results on Thursday:
Q2 Live Updates: ITC's Biggest Shareholder To Exit Hotels Arm
British American Tobacco plc, the largest shareholder in ITC Ltd., is set to exit the hotel business once it lists. The Indian diversified conglomerate has received the relevant regulatory approvals to demerge its hotels business and a potential listing of ITC Hotels Ltd.
Definitely, there is no intention to be shareholders in hotels in India, said BAT Chief Executive Officer Tadeu Marroco, adding that the firm would sell the stake when the time is right.
The BAT chief executive was speaking to analysts at the company's 2024 Capital Markets Day in October.
The Indian cigarette major is following an asset light strategy for the hotels business. It opened 32 hotels in the last 24 months, taking the total to 140 properties. It plans to take the total hotels portfolio, including managed properties, to 200 in the next few years.
Read more here.
Q2 Live Updates: Earnings Estimates Of ITC, NTPC, IndusInd Bank And More
ITC Ltd., NTPC Ltd., IndusInd Bank Ltd. and JSW Energy Ltd. will be in focus on Thursday as they announce their earnings for the September quarter of the current financial year.
ITC, a Kolkata-based conglomerate, is likely to report a net profit of Rs 5,154 crore for the quarter ended September, according to Bloomberg estimates. It is likely to report a top line of Rs 18,068 crore, earnings before interest, taxes, depreciation and amortisation of Rs 6,506 crore, as well as an Ebitda margin of 36%, as per estimates.
NTPC is likely to clock a bottom line of Rs 5,035 crore and is expected to report an Ebitda margin at 28.2%, according to Bloomberg estimates. Its revenue from operations is expected to be Rs 47,008 crore, while its Ebitda is estimated as Rs 13,237 crore.
IndusInd Bank is estimated to report a profit of Rs 2,214 crore, as per Bloomberg analysts. Ujjivan Small Finance Bank Ltd, a Bengaluru-based small finance bank, is likely to clock a standalone profit of Rs 289 crore.
JSW Energy is estimated to report a profit of Rs 753 crore and a revenue of Rs 3,648 crore. It is estimated to report an Ebitda of Rs 2,609 crore and an Ebitda margin at 71.5%.
Coromandel International is expected to post a net profit of Rs 624 crore during its second quarter. Analysts expect its top line to be Rs 6,312 crore, Ebitda to be Rs 859 crore and Ebitda margin to be 13.6%.
Oracle Financial Services Software, a subsidiary of Oracle Corp., is expected to post a net profit of Rs 587 crore and a top line of Rs 1,728 crore, as per Bloomberg analysts.
Stay Tuned To NDTV Profit's Live Blog For All Earnings Action
Good morning and welcome to NDTV Profit's live coverage of second-quarter earnings for the day.
The earnings season for the second quarter of the financial year 2024–25 is in full swing with Thursday expected to be yet another action-packed day for investors.
As many as 115 companies will declare their financial results for the quarter ended Sept. 2024 on Oct. 24.
FMCG players like ITC Ltd. and Godrej Consumer Products Ltd., power sector companies such as NTPC Ltd. and JSW Energy Ltd. are among the big names scheduled to report their earnings during the session.
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