Q2 Results Live Updates: Zomato Profit Falls 30%; Adani Energy Solution Net Profit Spikes
Investors will also closely watch the second quarter earnings of Indus Towers Ltd., Adani Energy Solutions Ltd. and Varun Beverages Ltd.
KEY HIGHLIGHTS
Q2 Live Updates: Welspun Specialty Solutions Reports Loss Of Rs 6.4 Crore
Welspun Specialty Solutions Q2 Highlights (Consolidated, YoY)
Revenue fell 19.4% at Rs 167 crore versus Rs 208 crore.
Ebitda down 77% at Rs 2.8 crore versus Rs 12 crore.
Margin at 1.6% versus 5.8%.
Net loss of Rs 6.4 crore versus profit of Rs 5.2 crore.
Q2 Live Updates: Amber Enterprises Swings To Profit
Amber Enterprises Q2 Highlights (Consolidated, YoY)
Revenue up 81.7% to Rs 1,684.70 crore versus Rs 927.06 crore.
Net Profit rises to Rs 20.96 crore versus loss of Rs 5.65 crore.
Ebitda up 91% to Rs 113.73 crore versus Rs 59.56 crore.
Margin at 6.8% versus 6.4%.
Q2 Live Updates: Persistent Systems Net Profit Rises 6%
Persistent Systems Q2 Highlights (Consolidated, QoQ)
Revenue up 5.8% to Rs 2,897.15 crore versus Rs 2,737.17 crore.
Net profit up 6% to Rs 325 crore versus Rs 306.52 crore.
EBIT up 6% to Rs 406.23 crore versus Rs 384.04 crore.
Margin flat at 14.0%.
Q2 Live Updates: Zensar Technologies Profit Falls 35%
Zensar Technologies Q2 Highlights (Consolidated, QoQ)
Revenue up 5% at Rs 556 crore versus Rs 530 crore.
EBIT up 0.2% at Rs 103 crore versus Rs 103 crore.
EBIT margin at 18.6% versus 19.5%
Net profit down 35% at Rs 116 crore versus Rs 179 crore.
Q2 Live Updates: Shanthi Gears net Profit Rises 21.8%
Shanthi Gears Q2 Highlights (Consolidated, YoY)
Net profit rises 21.8% at Rs 25.6 crore versus Rs 21 crore.
Revenue jumps 14.5% at Rs 155 crore versus Rs 135 crore.
Ebitda rises 18.9% at Rs 34.2 crore versus Rs 28.7 crore.
Margin At 22% versus 21.2%.
Q2 Live Updates: Huhtamaki India Profit Falls 64%
Huhtamaki India Q2 Highlights (Consolidated, YoY)
Revenue down 1.5% at Rs 653 crore versus Rs 663 crore.
Ebitda down 60% at Rs 18 crore versus Rs 46 crore.
Ebitda margin at 2.8% versus 6.9%.
Net profit down 64% at Rs 11.7 crore versus Rs 32.3 crore.
Q2 Live Updates: Zomato Approves Rs 8,500 Crore Fund Raise
Zomato approves raising of funds up to Rs 8,500 crore through QIP.
Q2 Live Updates: Zomato Profit Falls 30%
Zomato Q2 Highlights (Consolidated, YoY)
Revenue up 14.1% to Rs 4,799 crore versus Rs 4,206 crore.
Net profit down 30% to Rs 176 crore versus Rs 253 crore.
Ebitda up 28% to Rs 226 crore versus Rs 177 crore.
Margin at 4.7% versus 4.2%.
Q2 Live Updates: SRF Profit Falls 33%
SRF Q2 Highlights (Consolidated, YoY)
Revenue up 8% at Rs 3,424 crore vs Rs 3,177 crore.
Ebitda down 14% at Rs 538 crore vs Rs 626 crore.
Ebitda margin at 15.7% vs 19.7%.
Net profit down 33% at Rs 201 crore vs Rs 301 crore.
The company will invest Rs 1,100 crore for new facilities in Dahej, Gujarat.
Q2 Live Updates: Adani Green Energy Profit Rises 39%
Adani Green Energy Q2 Highlights (Consolidated, YoY)
Revenue up 38% at Rs 3,055 crore versus Rs 2,220 crore.
Ebitda up 30% at Rs 2,205 crore versus Rs 1,699 crore.
Net profit up 39% at Rs 515 crore versus Rs 371 crore.
Q2 Live Updates: Adani Energy Net Profit Spikes
Adani Energy Solutions Ltd.'s profit rose in the second quarter of fiscal 2025.
The Adani Group company, led by billionaire Gautam Adani, reported a 172% year-on-year increase in profit to Rs 773.39 crore in the July–September quarter.
Adani Energy Solutions Q2 Highlights (Consolidated, YoY)
Revenue up 68% at Rs 6,184 crore versus Rs 3,674 crore.
Ebitda up 19% at Rs 1,787 crore versus Rs 1,505 crore.
Ebitda margin at 28.9% versus 40.9%.
Net profit up 172% at Rs 773 crore versus Rs 284 crore.
Q2 Live Updates: Jubilant Ingrevia Profit Marginally Rises
Jubilant Ingrevia Q2 Highlights (Consolidated, YoY)
Revenue up 2.5% at Rs 1,045 crore versus Rs 1,020 crore.
Ebitda up% 5.9% At Rs 125 crore versus Rs 118 crore.
Margin at 11.9% versus 11.5%.
Net profit up 2.6% at Rs 59 crore versus Rs 57.5 crore.
Q2 Live Updates: Aditya Birla Real Estate Reports Profit
Aditya Birla Real Estate Q2 Cons YoY
Revenue up 31% at Rs 1,128 crore vs Rs 863 crore
EBITDA up 60% at Rs 88 crore vs Rs 55 crore
EBITDA margin at 7.8% vs 6.4%
Net profit at Rs 3 crore vs loss of Rs 33 crore
Q2 Live Updates: Kajaria Ceramics Net Profit Falls 22.8%
Kajaria Ceramics Q2 Highlights (Consolidated, YoY)
Net Profit down 22.8% at Rs 85.5 crore vs Rs 111 crore
Revenue up 5.1% at Rs 1,179 crore vs Rs 1,122 crore
EBITDA down 12.2% at Rs 158 crore vs Rs 180 crore
Margin at 13.4% vs 16.1%
Q2 Live Updates: Goodyear India Net Profit Dips 59%
Goodyear India Q2 Highlights (Standalone, YoY)
Revenue down 1% at Rs 682 crore versus Rs 690 crore.
Ebitda down 50% at Rs 31 crore versus Rs 61 crore.
Ebitda margin at 4.5% versus 8.9%.
Net profit down 59% at Rs 15.7 crore versus Rs 37.9 crore.
Q2 Live Updates: Supreme Industries Net Profit Falls 15%
Supreme Industries Q2 Highlights (Consolidated, YoY)
Revenue down 1.6% at Rs 2,273 crore versus Rs 2,309 crore.
Net profit down 15% at Rs 207 crore versus Rs 243 crore.
Ebitda margin at 14.1% versus 15.4%.
Ebitda down 10% at Rs 320 crore versus Rs 356 crore.
Quarterly Results Live: ICICI Securities Net Profit Rises 25%
ICICI Securities Q2 Highlights (Consolidated, YoY)
Net profit up 24.9% at Rs 529 crore versus Rs 424 crore.
Total income up 36.7% at Rs 1,707 crore versus Rs 1,249 crore.
Quarterly Results Live: Earnings Estimates For Today
Quarterly Results Live: Varun Beverages' Q3 Net Profit Rises
Varun Beverages Ltd.'s profit rose in the third quarter of calendar year 2024, beating analysts' estimates.
The company's net profit rose 22% year-on-year to Rs 628.8 crore in the July–September period. This compares with a Rs 557 crore consensus estimate of analysts tracked by Bloomberg.
Varun Beverages Q3 CY24 Highlights (Consolidated, YoY)
Revenue up 25.2% at Rs 4,804.6 crore versus Rs 3870.5 crore.
Ebitda up 30.49% at Rs 1,151.1 crore versus Rs 882.1 crore.
Margin up 116 basis points at 23.95% versus 22.79%.
Net profit up 22.32% at Rs 628.8 crore versus Rs 514 crore
Q2 Live Updates: Earnings Estimates Of Bajaj Finance, Indus Towers, Adani Energy And More
Bajaj Finance Ltd., Indus Towers Ltd., Adani Energy Solutions Ltd. and Varun Beverages Ltd. will be in focus on Tuesday as they announce their earnings for the September quarter of the current financial year.
Bajaj Finance, a non-banking financial company, is likely to report a net profit of Rs 4,118 crore for the quarter ended September, according to Bloomberg estimates.
Indus Towers is likely to clock a bottom line of Rs 1,749 crore and is expected to report earnings before interest, taxes, depreciation and amortisation margin at 55.5%, according to Bloomberg estimates. Its revenue from operations is expected to be Rs 7,587 crore, while its Ebitda is estimated as Rs 4,214.30 crore.
Adani Energy Solutions, an Adani Group company, is estimated to report a profit of Rs 888 crore and a revenue of Rs 4,957 crore. It is estimated to report an Ebitda of Rs 2,160 crore and an Ebitda margin at 43.60%.
Varun Beverages Ltd., which follows the calendar year, is expected to post a net profit of Rs 557 crore during its third quarter. Analysts expect its top line to be Rs 4,711 crore, Ebitda to be Rs 1,053 crore and Ebitda margin to be 22.4%.
Persistent Systems, a Pune-based technology services company, is likely to clock a revenue of Rs 2,866 crore and a net profit of Rs 316 crore. The company is also expected to report earnings before interest and taxes of Rs 392 crore and EBIT margin at 13.7%.
Q2 Live Updates: Paytm Share Price Drops 5% After Q2 Report
Paytm's stock fell by 5% on Tuesday following the company's quarterly earnings report, despite posting a net profit of Rs 930 crore for Q2.
Analysts had anticipated a loss of Rs 631 crore, but the profit was largely attributed to a one-time gain, making it not directly comparable to previous earnings. The one time gain came from the company's sale of its events and movies ticketing business to Zomato Ltd.
The company's revenue grew by 10.5% year-on-year to Rs 1,660 crore, slightly above Bloomberg's estimate of Rs 1,644 crore. Paytm's Ebitda loss narrowed to Rs 403 crore from Rs 792 crore in the previous quarter.
In the June quarter, the fintech reported a widening net loss of Rs 838 crore compared to Rs 357 crore in the same period last year.
This ongoing trend of increased losses, even with a reported profit, has put pressure on the stock. Paytm also announced that it would provide default loss guarantee toward its merchant lending business. To this effect, the company has provided Rs 255 crore to non-bank lending partner SMFG India Credit.
The scrip fell as much as 5.83% to Rs 683.6 apiece, It pared losses to trade 1.3% lower at Rs 716 apiece, as of 10:59 a.m. This compares to a 0.2% decline in the NSE Nifty 50 Index.
It has fallen 22.6 % in the last 12 months. Total traded volume so far in the day stood at 0.55 times its 30-day average. The relative strength index was at 54.
Out of 18 analysts tracking the company, six maintain a 'buy' rating, six recommend a 'hold,' and six suggest 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an downsideof 6.2%.
Q2 Live Updates: Paytm Reports Net Profit Of Rs 930 Crore
One 97 Communications Q2 Highlights (Consolidated, QoQ)
Revenue up 10.5% at Rs 1,660 crore vs Rs 1,502 crore
Net profit of Rs 930 crore versus net loss of Rs 840 crore
Ebitda loss of Rs 403 crore versus Ebitda loss of Rs 792 crore
An exceptional item of Rs 2,048 crore for the sale of its events business aided the bottom line
Q2 Live Updates: Zomato, Adani Green, Bajaj Finance To Report Earnings
Bajaj Finance Ltd., Indus Towers Ltd., Adani Energy Solutions Ltd. and Varun Beverages Ltd. will be among the 70 companies in focus as they announce their earnings for the September quarter of the current financial year.
Investors closely watched Paytm parent One97 Communications for a turnaround after the company reported massive losses in the June quarter. In the first quarter of the current fiscal, the fintech company's net loss widened to Rs 840 crore as against a loss of Rs 357 crore in the year-ago quarter.
The company's revenue from operations during Q1 dropped 36% YoY to Rs 1,502 crore from Rs 2,342 crore a year ago.
Zomato Ltd., Aditya Birla Real Estate Ltd., Amber Enterprises India Ltd., ICICI Prudential Life Insurance Co., IIFL Securities Ltd., Indus Towers Ltd., ICICI Securities Ltd., will be among the other big names to watch out for on Tuesday.
