Q2 Results Updates: Allied Blenders Profit Quadruples; Prestige Estates Projects Profit Falls 74%

Laxmi Organic Industries Q2 Highlights (Consolidated, YoY)

• Revenue up 18.2% to Rs 771.25 crore versus Rs 652.27 crore.

• Net profit up 162% to Rs 28.09 crore versus Rs 10.71 crore.

• Ebitda up 92% to Rs 74.69 crore versus Rs 38.93 crore.

• Margin at 9.7% versus 6.0%.

Also Read: Full List Of Companies To Declare Q2 Results On October 30.

Share India Q2 Highlights (Consolidated, YoY)

• Total income rises 21% at Rs 838 crore versus Rs 693 crore.

• Net profit falls 10.8% at Rs 61.6 crore versus Rs 69 crore.

Prestige Estates Projects Q2 Highlights (Consolidated, YoY)

• Revenue up 3% to Rs 2,304.40 crore versus Rs 2,236.40 crore.

• Net profit down 74% to Rs 234.60 crore versus Rs 910.30 crore.

• Ebitda up 7% to Rs 631.30 crore versus Rs 592.50 crore.

• Margin at 27.4% versus 26.5%.

• Recognised deferred tax impact Rs 106 crore in current quarter due of removal of indexation benefit on capital gains.

Welspun Enterprises Q2 Highlights (Consolidated, YoY)

• Revenue up 22.1% to Rs 788.51 crore versus Rs 645.73 crore.

• Net profit down 11% to Rs 61.56 crore versus Rs 69.01 crore.

• Ebitda up 22% to Rs 100.45 crore versus Rs 82.62 crore.

• Margin at 12.7% versus 12.8%.

• Loss of Rs 12 crore versus loss of Rs 3 crore from discontinued operations.

Allied Blenders and Distillers Q2 Highlights (Consolidated, YoY)

• Revenue up 1.9% to Rs 867.66 crore versus Rs 851.17 crore.

• Net profit up 319% to Rs 47.56 crore versus Rs 11.35 crore.

• Ebitda up 45% to Rs 103.32 crore versus Rs 71.21 crore.

• Margin at 11.9% versus 8.4%.