Q2 Results Live: Piramal Pharma Profit Rises 350%
Piramal Pharma Q2 Highlights (Consolidated, YoY)
Revenue up 17.3% to Rs 2,241.75 crore versus Rs 1,911.38 crore.
Net profit up 350% to Rs 22.59 crore versus Rs 5.02 crore.
Ebitda up 29% to Rs 341.61 crore versus Rs 265.64 crore.
Margin at 15.2% versus 13.9%
Q2 Results Live: Sagar Cements Reports Loss Of Rs 56.98 Crore
Sagar Cements Q2 Highlights (Consolidated, YoY)
Revenue down 19.0% to Rs 475.12 crore versus Rs 586.82 crore.
Net loss at Rs 56.98 crore versus loss of Rs 10.85 crore.
Ebitda down 67% to Rs 19.93 crore versus Rs 60.22 crore.
Margin at 4.2% versus 10.3%.
Q2 Results Live: Pidilite Industries Net Profit Rises 18%
Pidilite Industries Q2 Highlights (Consolidated, YoY)
Revenue up 5.2% to Rs 3,234.91 crore versus Rs 3,076.04 crore.
Net profit up 18% to Rs 540.30 crore versus Rs 458.53 crore.
Ebitda up 13% to Rs 768.81 crore versus Rs 679.71 crore.
Margin at 23.8% versus 22.1%.
Q2 Results Live: IIFL Finance Reports Loss Of Rs 93 Crore
IIFL Finance Q2 Highlights (Consolidated, YoY)
Total income rises 1.62% at Rs 2,577 crore versus Rs 2536 crore.
Net loss at Rs 93 crore versus profit of Rs 526 crore.
Q2 Results Live: Nuvoco Vistas Corporations Cement Sales Volume Stood At 4.2 MMT
Nuvoco Vistas Corporations consolidated cement sales volume stood at 4.2 MMT in the second quarter of financial ear 2025. Consolidated revenue from operations stood at Rs 2,269 crores during the same period.
Source: Press Release
Q2 Results Live: Nuvoco Vistas Corporation Reports Loss Of Rs 85.17 Crore
Nuvoco Vistas Corporation Q2 Highlights (Consolidated, YoY)
Revenue down 11.8% to Rs 2,268.58 crore versus Rs 2,572.97 crore.
Net loss at Rs 85.17 crore versus profit of Rs 1.53 crore.
Ebitda down 34% to Rs 218.76 crore versus Rs 329.95 crore.
Margin at 9.6% versus 12.8%.
Q2 Results Live: United Spirits Net Sales Value Rose Rs 2,844 Crore
United Spirits net sales value stood at Rs 2,844 crore.
Overall NSV registered a marginal decline of 0.8% year-on-year.
Source: Press Release
Q2 Results Live: United Spirits Profit Up 0.6%
United Spirits Q2 Highlights (Consolidated, YoY)
Revenue down 1% to Rs 2,844 crore versus Rs 2,869 crore.
Net Profit up 0.6% to Rs 341 crore versus Rs 339 crore.
Ebitda up 7% to Rs 502.00 crore versus Rs 468.00 crore.
Margin at 17.7% versus 16.3%.
Q2 Results Live: CARE Ratings Net Profit Doubles To Rs 46.9 Crore
CARE Ratings Q2 Highlights (Consolidated, QoQ)
Total income rises 42.3% at Rs 129 crore versus Rs 90.8 crore.
Net profit at Rs 46.9 crore versus Rs 21.4 crore.
Q2 Results Live: RattanIndia Power Net Loss Narrows To Rs 1.35 Crore
RattanIndia Power Q2 Highlights (Consolidated, YoY)
Revenue down 14.3% to Rs 682.43 crore versus Rs 796.39 crore.
Net loss at Rs 1.35 crore versus loss of Rs 632.67 crore.
Ebitda down 16% to Rs 93.94 crore versus Rs 111.40 crore.
Margin at 13.8% versus 14.0%.
Q2 Results Live: Birlasoft Net Profit Falls 15%
Birlasoft Q2 Highlights (Consolidated, QoQ)
Revenue up 3.1% to Rs 1,368.22 crore versus Rs 1,327.43 crore.
Net profit down 15% to Rs 127.51 crore versus Rs 150.21 crore.
EBIT down 18% to Rs 143.13 crore versus Rs 174.51 crore.
Margin at 10.5% versus 13.1%.
Q2 Results Live: TVS Holding Profit Rises 30.9%
TVS Holding Q2 Highlights (Consolidated, YoY)
Total income rises 8.9% at Rs 11,562 crore versus Rs 10,630 crore.
Net profit rises 30.9% at Rs 599 crore versus Rs 457 crore.
Q2 Results Live: HULs Food & Refreshment Revenue Fell Due To Subdued Volumes
Hindustan Unilever's food and refreshment segment revenue declined 2% due to subdued volumes. The tea segment is also seeing inflation.
Source: Press Conference.
Q2 Results Live: HUL's Personal Care Segment Revenue Fell Due To Negative Pricing
Personal care segment of Hindustan Unilever declined 5% due to negative pricing and low single digit volume decline. The skin cleansing declined on the back of pricing actions taken during the year.
Source: Press Conference.
Q2 Results Live: TVS Holdings Increases Borrowing Limit To Rs 5,000 Crore
The board of directors of TVS Holdings have increased limits of borrowing by Directors of the company for a sum of up to Rs 5,000 crore.
The company is also seeking approval for mortgage or charge on assets, properties or undertakings.
Source: Exchange Filing.
Q2 Results Live: Demand Signals Are Stable In Short Term, Says HUL CFO
The demand signals are stable in short term, with most businesses growing in high single digits said Ritesh Tiwari, executive director, finance and chief financial officer of Hindustan Unilever.
Tea segment is seeing inflation which will lead to price increases, he added. He also said that the inventories have gone up due to the tea-buying season.
Low single digit price growths across some verticals will start coming in from the next quarter, said Tiwari.
Source: Press Conference.
Q2 Results Live: HULs Negative Price Growth Was Due To Deflationary Quarters
Hindustan Unilever's negative price growth was due to deflationary quarters, said Rohit Jawa, chief executive officer at Hindustan Unilever.
He further added that all recovery depends on level of inflation and the company will have to calibrate accordingly.
Source: Press Conference.
Q2 Results Live: HULs Underlying Sales Growth At 2%
Underlying sales growth of 2%.
Underlying volumes growth of 3%.
Home care business grew 8%.
Beauty and wellbeing business grew 7%.
Source: Press Conference.
Q2 Results Live: HUL Sees Slowdown In Urban Market
Hindustan Unilever is seeing slowdown in urban markets according to Hindustan Unilever CEO Rohit Jawa. He also added that the rural markets have been recovering, and a third of HUL's business comes from there.
Rural recovery should continue to move ahead, can't comment on urban demand, he said.
Have to be focused on growth and investment behind brands. He further added that the company will remain focused on getting through tough near-term trends.
Source: Press Conference.
Q2 Results Live: HUL To Separate Ice Cream Business
The portfolio restructuring will enable HUL to sharpen focus on the core business.
Ice-cream, which contributes 3% to HUL’s turnover, is a high-growth category that needs significant investments to realise its full potential.
Will come to a conclusion on mode of separation for ice cream business by the end of the year, said Ritesh Tiwari, executive director, finance and chief financial officer of Hindustan Unilever.
Source: Exchange Filing.
Q2 Results Live: Navin Fluorine Profit Falls 2.9%
Navin Fluorine Q2 Highlights (Consolidated, YoY)
Margin at 20.7% versus 20.8%.
Ebitda rises 9.2% at Rs 107 crore versus Rs 98.3 crore.
Revenue rises 9.9% at Rs 519 crore versus Rs 472 crore.
Net profit down 2.9% At Rs 58.8 crore versus Rs 60.6 crore.
The company declared an interim dividend of Rs 5 per share
Q2 Results Live: Sona BLW Precision Forgings Profit Rises 16%
Sona BLW Precision Forgings Q2 Highlights (Consolidated, YoY)
Revenue rises 17% at Rs 922 crore versus Rs 787.4 crore.
Ebitda rose 14.5% at Rs 252crore versus Rs 220 crore.
Margin At 27.3% versus 27.9%.
Net Profit rises 15.7% At Rs 144 crore versus Rs 124 crore.
Q2 Results Live: Hindustan Unilever Profits Falls 2%
Hindustan Unilever Q2 Highlights (Consolidated, YoY)
Revenue up 1.9% to Rs 15,926 crore versus Rs 15,623 crore.
Net profit down 2.3% to Rs 2,595 crore versus Rs 2,657 crore.
Ebitda down 0.1% to Rs 3,793 crore versus Rs 3,797 crore.
Margin at 23.8% versus 24.3%.
Announces dividend of Rs 29.
Q2 Results Live: Birla Corporation Reports Net Loss Of Rs 25.19 Crore
Birla Corporation Q2 Highlights (Consolidated, YoY)
Revenue down 14.5% to Rs 1,952.56 crore versus Rs 2,284.34 crore.
Net loss at Rs 25.19 crore versus profit of Rs 58.37 crore.
Ebitda down 39% to Rs 177.20 crore versus Rs 288.85 crore.
Margin at 9.1% versus 12.6%.
Q2 Results Live: Thyrocare Technologies Net Profit Rises 30%
Thyrocare Technologies Q2 Highlights (Consolidated, YoY)
Revenue up 19.8% to Rs 177.36 crore versus Rs 148.00 crore.
Net profit up 30% to Rs 26.42 crore versus Rs 20.33 crore.
Ebitda up 29% to Rs 48.29 crore versus Rs 37.52 crore.
Margin at 27.2% versus 25.4%.
Q2 Results Live: V.I.P. Industries Reports Net Loss Of Rs 33.05 Crore
V.I.P. Industries Q2 Highlights (Consolidated, YoY)
Revenue down 0.3% to Rs 544.26 crore versus Rs 546.09 crore.
Net loss at Rs 33.05 crore versus Rs 13.28 crore.
Ebitda loss at Rs 2.18 crore versus Rs 52.88 crore.
Q2 Results Live: Johnson Controls-Hitachi Air Conditioning Loss Narrows To Rs 26.61 Crore
Johnson Controls-Hitachi Air Conditioning India Q2 Highlights (Consolidated, YoY)
Revenue up 41.5% to Rs 396.28 crore versus Rs 280.15 crore.
Net loss at Rs 30.05 crore versus loss of Rs 56.40 crore.
Ebitda loss at Rs 26.61 crore versus Rs 43.58 crore.
Q2 Results Live: Fino Payments Bank's Profit Rose 8.4%
Fino Payments Bank Q2 Highlights (Consolidated, YoY)
Total income rose 27% at Rs 455 crore versus Rs 359 crore (YoY).
Net Profit rises 8.4% at Rs 21.2 crore versus Rs 19.5 crore (YoY).
Q2 Results Live: Schaeffler India Net Profit Rose 2%
Schaeffler India Q2 Highlights (Consolidated, YoY)
Revenue up 14.2% to Rs 2,116.35 crore versus Rs 1,853.60 crore.
Net profit up 2% to Rs 236.41 crore versus Rs 232.76 crore.
Ebitda up 8% to Rs 368.73 crore versus Rs 340.40 crore.
Margin at 17.4% versus 18.4%.
Q2 Results Live: Bajaj Holding Net Profit Falls 5%
Bajaj Holding Q2 Highlights
Total Income rose 22% at Rs 292 crore versus Rs 240 crore (Cons, YoY).
Net Profit down 5% at Rs 1,510 crore versus Rs 1,588 Cr (Cons, YoY).
Q2 Results Live: Karnataka Bank Net Profit Rises 2%
Karnataka Bank Q2 Highlights
Net profit rises 1.75% at Rs 336 crore versus Rs 330 crore (YoY).
Gross NPA at 3.21% versus 3.54% (QoQ).
Net NPA at 1.46% versus 1.66% (QoQ).
NII rises 1% at Rs 834 crore versus Rs822 Cr (YoY).
Q2 Results Live: MAS Financial Services Net Profit Rises 28%
MAS Financial Services Q2 Highlights
Net Profit rises 27.6% At Rs 76.6 crore versus Rs 60 crore (YoY).
Total Income rises 23.8% At Rs 367 crore versus Rs 297 crore (YoY).
Q2 Results Live: FedBank Financial Servies Total Income Rises 30%
FedBank Financial Servies Q2 Highlights
Total Income rises 30.4% at Rs 519 crore versus Rs 398 crore (YoY).
Net Profit rises 11.8% at Rs 64.6 crore versus Rs 57.8 crore (YoY).
Q2 Results Live: AU Small Finance Bank Profit Rises 42.2%
AU Small Finance Bank Q2 Highlights (Consolidated, YoY)
Net profit rises 42.2% At Rs 571 crore versus Rs 402 crore.
Gross NPA 1.98% versus 1.78% (QoQ).
Net NPA 0.75% versus 0.63% (QoQ).
NII rises 58% At Rs 1,974 crore versus Rs 1,249 crore.
Q2 Results Live: Piramal Enterprises Net Profit More Than Doubles
Piramal Enterprises Q2 Highlights (Consolidated, YoY)
Total income up 7.7% to Rs 2,375 crore versus Rs 2,205 crore.
Net profit up 238% to Rs 162.97 crore versus Rs 48.19 crore.
Q2 Results Live: Dr. Lal PathLabs Net Profit Rises 18%
Dr. Lal PathLabs Q2 Highlights (Consolidated, YoY)
Revenue up 9.8% to Rs 660.20 crore versus Rs 601.30 crore.
Net profit up 18% to Rs 130.80 crore versus Rs 110.70 crore.
Ebitda up 14% to Rs 202.50 crore versus Rs 177.80 crore.
Margin at 30.7% versus 29.6%.
Q2 Results Live: Syngene International Net Profit Falls 9%
Syngene International Q2 Highlights (Consolidated, YoY)
Revenue down 2.1% to Rs 891 crore versus Rs 910.10 crore.
Net profit down 9% to Rs 106.10 crore versus Rs 116.50 crore.
Ebitda down 4% to Rs 244.80 crore versus Rs 254.10 crore.
Margin at 27.5% versus 27.9%.
Appoints Deepak Jain as CFO effective Dec. 1
Sibaji Biswas Resigns from the post of Executive Director & CFO effective Nov. 30
Q2 Results Live: SBI Life Insurance VNB Fell 3%
APE up 3% at Rs 5,390 crore versus Rs 5,230 crore (YoY).
VNB down 3% at Rs 1,450 crore versus Rs 1, 490 crore (YoY).
VNB margin up 30 bps at 26.9% vs 26.6% (QoQ).
Q2 Results Live: TVS Motor Net Profit At Record High
TVS Motor Co. saw growth in July-September 2024 on the back of bumper sales of its electric scooters.
Standalone net profit of the Apache maker rose 23.5% over the year-ago period to Rs 662.62 crore in the quarter ended Sept. 30, 2024, on the back of revenue that was up 13.3% to Rs 9,228 crore. Analysts polled by Bloomberg had estimated the bottom line at Rs 696 crore and the top line at Rs 9,419 crore.
TVS Motor Company Q2 Highlights (Standalone, YoY)
Net profit up 23.5% at Rs 663 crore versus Rs 537 crore.
Revenue up 13.3% at Rs 9,228 crore versus Rs 8,144 crore.
Ebitda up 20.1% at Rs 1,080 crore versus Rs 899 crore.
Margin at 11.7% versus 11%.
Q2 Results Live: Lloyds Metals Net Profit Up 30%
Lloyds Metals Q2 Highlights (Consolidated, YoY)
Revenue up 25% at Rs 1,364 crore versus Rs 1,091 crore.
Ebitda up 18.6% at Rs 339 crore versus Rs 286 crore.
Ebitda margin at 24.9% versus 26.2%.
Net profit up 30% at Rs 301 crore versus Rs 231 crore.
Q2 Results Live: Heritage Foods Net Profit Jumps
Heritage Foods Q2 Highlights (Consolidated, YoY)
Revenue up 4% at Rs 1,020 crore versus Rs 979 crore.
Ebitda up 76% at Rs 83.7 crore versus Rs 47.5 crore.
Ebitda margin at 8.2% versus 4.9%.
Net profit at Rs 48.6 crore versus Rs 22.4 crore.
Q2 Results Live: SBI Life Insurance Net Profit Miss Estimate
SBI Life Insurance Co.'s net profit rose 39.3% year-on-year in the July-September quarter, but missed analysts' estimates.
The insurer posted a net profit of Rs 529 crore in the quarter ended Sept. 30, 2024. That compares with consensus estimate of Rs 730 crore of analysts polled by Bloomberg. In the year-ago period, the company posted a net profit of Rs 380 crore.
SBI Life Q2 Highlights (Consolidated, YoY)
Net profit up 40% at Rs 592 crore versus Rs 380 crore. (Bloomberg estimate: Rs 730 crore).
Net premium income up 1.1% at Rs 20,266 crore versus Rs 20,050 crore.
Solvency ratio at 2.04% versus 2.01% (QoQ)
Q2 Results Live: Craftsman Automation Net Profit Dips
Craftsman Automation Q2 Highlights (Consolidated, YoY)
Revenue up 3% at Rs 1,214 crore versus Rs 1,179 crore.
Ebitda down 19% at Rs 193 crore versus Rs 238 crore.
Ebitda margin at 15.9% versus 20.1%.
Net profit down 41% at Rs 61.7 crore versus Rs 104.5 crore.
Q2 Results Live: Bajaj Finserv Profit Beats Estimates
Bajaj Finserv Q2 Highlights (Consolidated, YoY)
Net profit up 8% at Rs 2,087 crore versus Rs 1,929 crore.
Total income up 30% at Rs 33,704 crore versus Rs 26,023 crore.
General insurance profit up 6% at Rs 494 crore versus Rs 468 crore.
General insurance net new business value up 3% at Rs 245 crore versus Rs 237 crore.
Q2 Results Live: Estimates For Wednesday's Earnings
Here are the earnings estimates of major companies that are scheduled to announce their results on Wednesday:
Q2 Results Live: Big Earnings Today
Hindustan Unilever Ltd., Godrej Properties Ltd., SBI Life Insurance Co. and TVS Motor Co. will be in focus on Wednesday as they announce their earnings for the September quarter of the current financial year.
HUL, a Mumbai-based fast-moving consumer goods company, is likely to report a net profit of Rs 2,693 crore for the quarter ended September, according to Bloomberg estimates. It is likely to report a top line of Rs 15,753 crore, earnings before interest, taxes, depreciation and amortisation of Rs 3,728 crore, as well as an Ebitda margin of 23.7%, as per estimates.
SBI Life Insurance is estimated to report a profit of Rs 730 crore, as per Bloomberg analysts. AU Small Finance Bank, a Jaipur-based tech-led small finance bank, is likely to clock a standalone profit of Rs 496 crore.
TVS Motor is estimated to report a profit of Rs 696 crore and a revenue of Rs 9,419 crore. It is estimated to report an Ebitda of Rs 1,117 crore and an Ebitda margin at 11.9%.
Pidilite Industries is expected to post a net profit of Rs 534 crore during its second quarter. Analysts expect its top line to be Rs 3,282 crore, Ebitda to be Rs 765 crore and Ebitda margin to be 23.3%.
United Spirits, a subsidiary of Diageo, is expected to post a net profit of Rs 316 crore and a top line of Rs 3,043 crore, as per Bloomberg analysts.
Q2 Results Live: Godrej Properties Key Highlights
Booking value up 3% year-on-year to Rs 5,198 crore.
Delivered projects aggregating 6.6 million square feet across 3 cities.
Achieved 51% of annual guidance for booking value.
Achieved 47% of annual guidance for collections.
Achieved 63% annual guidance for business development.
Added 10 new projects so far this year with estimated booking value of Rs 17,450 crore.
Source: Investor Presentation.
Q2 Results Live: KPIT Technologies (Consolidated, QoQ)
Net Profit down 0.2% at Rs 204 crore versus Rs 204 crore.
Revenue up 7.8% at Rs 1,471 crore versus Rs 1,365 crore.
EBIT up 4.2% at Rs 246 crore versus Rs 236 crore.
EBIT margin at 16.7% versus 17.3%
Q2 Results Live: Godrej Properties (Consolidated, YoY)
Net Profit at Rs 334 crore versus Rs 73 crore.
Revenue at Rs 1,093 crore versus Rs 343 crore.
Ebitda at Rs 32 crore versus Ebitda loss of Rs 61.66 crore.
Q2 Results Live: HUL, SBI Life, United Spirits Among 70+ Companies Declaring Earnings Today
Wednesday will be a busy day for D-Street as many big companies are scheduled to release their quarterly results for the July–September period of the current fiscal.
Hindustan Unilever Ltd., TVS Motor Co., SBI Life Insurance Co., and Bajaj Finserv Ltd. are among the big companies scheduled to announce their financial results for the quarter ended Sept. 30, 2024.
Aster DM Healthcare Ltd., Bajaj Finserv Ltd., Bajaj Holdings & Investment Ltd., Birla Corp., Godrej Properties Ltd., Dr Lal PathLabs Ltd., New Delhi Television Ltd., Piramal Enterprises Ltd., TVS Holdings Ltd., and United Spirits Ltd., will be among the major earnings on Wednesday.
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.
Hindustan Unilever Ltd., Godrej Properties Ltd., SBI Life Insurance Co. and TVS Motor Co. will be the big earnings to watch out for during the day. A total of 73 companies are slated to release their second-quarter earnings report on Oct. 23.
The benchmark indices opened lower but gained grounds to trade marginally higher during the session. In a major move, Goldman Sachs downgraded India stocks to 'neutral', citing concerns due to slower economic growth and corporate profits.