Q2 Results Live Updates: RVNL Profit Misses Estimates; Indian Hotels Profit More Than Triples
Other notable names announcing earnings include Indian Hotels Co., Aditya Birla Fashion and Retail, and Cummins India.
KEY HIGHLIGHTS
Q2 Results Live: Gujarat Petronet Profit Falls 19.6%
Gujarat Petronet Highlight (Consolidated, YoY)
Net profit down 19.6% at Rs 423 crore versus Rs 527 crore.
Revenue down 15.6% at Rs 3,992 crore versus Rs 4,727 crore.
Ebitda down 15.56% at Rs 707 crore versus Rs 837 crore.
Margin flat at 17.7%.
Q2 Results Live: Revenue From Indian Hotels' New Business Verticals Rose 42%
The Air & Institutional Catering business segment (TajSATS) grew 19% year-on-year and clocked a revenue of Rs 254 crore and sustained EBITDA margin at 24%.
New Businesses vertical comprising of Ginger, Qmin and amã Stays & Trails reported a 42% year-on-year growth in enterprise revenue of Rs 173 crores and consolidated revenue of Rs 143 crores.
Enterprise revenue of Ginger exceeded Rs 150 Crore with a strong Ebitdar margin at 42% and a portfolio of 100 hotels with 70 in operations.
Qmin has grown to 52 outlets and amã Stays & Trails has reached a portfolio of 227 bungalows with 116 in operations.
Source: Press Release
Q2 Results Live: Jagran Prakashan Profit Flat At Rs 41.65 Crore
Jagran Prakashan Highlight (Consolidated, YoY)
Revenue down 2.7% to Rs 446.51 crore versus Rs 458.73 crore.
Net profit up 0.3% to Rs 41.65 crore versus Rs 41.52 crore.
Ebitda down 6% to Rs 67.53 crore versus Rs 71.93 crore.
Margin at 15.1% versus 15.7%.
Q2 Results Live: Indian Hotels Company Profit More Than Triples
Indian Hotels Company Highlight (Consolidated, YoY)
Revenue up 27.4% to Rs 1,826.12 crore versus Rs 1,433.20 crore (Bloomberg estimates Rs 1,738 crore).
Net Profit up 226% to Rs 582.71 crore versus Rs 178.97 crore (Bloomberg estimates Rs 248 crore).
Ebitda up 41% to Rs 501.27 crore versus Rs 354.78 crore (Bloomberg estimates Rs 468 crore).
Margin at 27.5% versus 24.8% (Bloomberg estimates 26.9%).
The company reported an exceptional gain of Rs 307.36 crore in the second quarter.
Q2 Results Live: Astral Profit Falls 17%, Misses Estimates
Astral Profit Highlight (Consolidated, YoY)
Revenue up 0.5% to Rs 1,370.40 crore versus Rs 1,363.00 crore (Bloomberg estimates Rs 1,489 crore).
Net profit down 17% to Rs 108.70 crore versus Rs 131.70 crore (Bloomberg estimates of Rs 135 crore).
Ebitda down 5% to Rs 210.10 crore versus Rs 220.10 crore (Bloomberg estimates Rs 236 crore).
Margin at 15.3% versus 16.1% (Bloomberg estimates 15.9%).
Q2 Results Live: VA Tech Wabag Profit Rises 17%, Meets Estimates
VA Tech Wabag Highlight (Consolidated, YoY)
Revenue up 5.3% to Rs 700.30 crore versus Rs 665.00 crore (Bloomberg estimates Rs 769 crore).
Net profit up 17% to Rs 70.30 crore versus Rs 60.10 crore (Bloomberg estimates of Rs 69 crore).
Ebitda up 9% to Rs 93.60 crore versus Rs 86.10 crore (Bloomberg estimates Rs 107 crore).
Margin at 13.4% versus 12.9% (Bloomberg estimates 13.9%).
Q2 Results Live: RVNL Profit Falls 27%, Misses Estimates
RVNL Highlight (Consolidated, YoY)
Revenue down 1.2% to Rs 4,854.95 crore versus Rs 4,914.32 crore (Bloomberg estimates Rs 5,160 crore).
Net profit down 27% to Rs 286.89 crore versus Rs 394.42 crore (Bloomberg estimates Rs 356 crore).
Ebitda down 9% to Rs 271.47 crore versus Rs 298.29 crore (Bloomberg estimates Rs 310 crore).
Margin at 5.6% versus 6.1% (Bloomberg estimates 6%).
Q2 Results Live: Emami Profit Rises 17%, Beats Estimates
Emami Highlight (Consolidated, YoY)
Revenue up 3% to Rs 890.59 crore versus Rs 864.87 crore (Bloomberg estimates Rs 917 crore).
Net profit up 17% to Rs 210.99 crore versus Rs 179.99 crore (Bloomberg estimates Rs 195 crore).
Ebitda up 7% to Rs 250.47 crore versus Rs 233.67 crore (Bloomberg estimates Rs 247 crore).
Margin at 28.1% versus 27.0% (Bloomberg estimates 27%).
Q2 Results Live: AAVAS Financiers Profit Falls 22%
AAVAS Financiers Highlight (Standalone, YoY)
Total Revenue rises 17% at Rs 579 crore versus Rs 497 crore.
Net profit rises 22% at Rs 148 crore versus Rs 122 crore (Bloomberg estimates Rs 135 crore).
Q2 Results Live: NCC Profit More Than Doubles
NCC Highlight (Consolidated, YoY)
Revenue up 10.1% to Rs 5,195.98 crore versus Rs 4,719.61 crore.
Net profit up 102% to Rs 174.79 crore versus Rs 86.49 crore.
Ebitda up 46% to Rs 442.95 crore versus Rs 303.74 crore.
Margin at 8.5% versus 6.4%.
Q2 Results Live: Carysil Profit Rises 10%
Carysil Highlight (Consolidated, YoY)
Revenue up 26.6% to Rs 207.07 crore versus Rs 163.60 crore.
Net profit up 10% to Rs 17.11 crore versus Rs 15.61 crore.
Ebitda up 13% to Rs 37.21 crore versus Rs 32.94 crore.
Margin at 18.0% versus 20.1%.
Q2 Results Live: Linde India Profit Falls 2%
Linde India Highlight (Consolidated, YoY)
Revenue down 10.8% to Rs 634.42 crore versus Rs 711.35 crore.
Net profit down 2% to Rs 106.42 crore versus Rs 108.73 crore.
Ebitda up 3% to Rs 178.84 crore versus Rs 173.62 crore.
Margin at 28.2% versus 24.4%.
Q2 Results Live: Escorts Kubota Profit Up 53%
Escorts Kubota Earnings Highlight (YoY)
Revenue up 0.5% at Rs 2,476 crore versus Rs 2,465 crore.
Ebitda up 0.3% at Rs 268 crore versus Rs 267 crore.
Ebitda margin flat at 10.8%.
Net profit up 53.5% at Rs 327 crore versus Rs 213 crore.
Board Declares 2nd Interim Dividend of Rs 250 per share.
The company has deferred tax credit of Rs 52 crore in current quarter.
Inventory write-back rises 42% at Rs 396 crore versus Rs 279 Cr (YoY).
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Q2 Results Live: Page Industries Earnings Highlight (YoY)
Revenue up 11% at Rs 1,246 crore versus Rs 1,122 crore.
Ebitda up 22.1% at Rs 282 crore versus Rs 231 crore.
Ebitda margin at 22.6% versus 20.5%.
Net profit up 30% at Rs 195 crore versus Rs 150 crore.
Q2 Results Live: Baazar Style Earnings Highlight (Consolidated, YoY)
Net loss at Rs 9 crore versus loss of Rs 15.5 crore.
Revenue up 65% at Rs 311 crore versus Rs 188 crore.
Ebitda at Rs 24 crore versus Rs 8.5 crore.
Ebitda margin at 7.8% versus 4.5%.
Q2 Results Live: Gujarat Alkalies Earnings Highlight (Consolidated, YoY)
Revenue up 2% at Rs 991 crore versus Rs 971 crore.
Ebitda up 65.6% at Rs 74.9 crore versus Rs 45.2 crore.
Ebitda margin at 7.6% versus 4.6%.
Net loss at Rs 18.2 crore versus loss of Rs 18.4 crore.
Q2 Results Live: Vardhman Special Steels Earnings Highlight (Consolidated, YoY)
Revenue up 19.2% at Rs 495 crore versus Rs 415 crore.
Ebitda up 25.8% at Rs 39.1 crore versus Rs 31.1 crore.
Ebitda margin at 7.9% versus 7.5%.
Net profit up 39.8% at Rs 25.8 crore versus Rs 18.5 crore.
Q2 Results Live: Navneet Education Earnings Highlight (Consolidated, YoY)
Revenue up 2% at Rs 272 crore versus Rs 266 crore.
Ebitda at Rs 3 crore versus Ebitda loss of Rs 4 crore.
Ebitda margin at 0.9%.
Net loss at Rs 5 crore versus profit of Rs 38 crore.
Note:
Other income increased 5 times in YoY terms to Rs 11 crore from Rs 2 crore.
One-time gain of Rs 68 crore in the base quarter.
Q2 Results Live: Prince Pipes Earnings Highlight (YoY)
Revenue down 5.3% at Rs 622 crore versus Rs 656 crore.
Ebitda down 51.4% at Rs 45.7 crore versus Rs 94.1 crore.
Ebitda margin at 7.3% versus 14.3%.
Net profit down 79.2% at Rs 14.7 crore versus Rs 70.6 crore.
Q2 Results Live: DCM Shriram Earnings Highlight (Consolidated, YoY)
Revenue down 8% at Rs 533 crore versus Rs 580 crore.
Ebitda up 1.5% at Rs 45.8 crore versus Rs 45.15 crore.
Ebitda margin at 8.6% versus 7.8%.
Net profit up 11.2% at Rs 22.9 crore versus Rs 20.6 crore.
Q2 Results Live: Vijaya Diagnostics Earnings Highlight (Consolidated, YoY)
Revenue up 32% at Rs 183 crore versus Rs 139 crore.
Ebitda up 32% at Rs 76 crore versus Rs 57 crore.
Ebitda margin at 41.5% versus 41.3%.
Net profit up 25% at Rs 42 crore versus Rs 34 crore.
Q2 Results Live: Subros Earnings Highlight (Consolidated, YoY)
Revenue up 1.8% at Rs 828 crore versus Rs 813 crore.
Ebitda up 8.9% at Rs 76.5 crore versus Rs 70.2 crore.
Margin at 9.2% versus 8.6%.
Net profit up 36.1% at Rs 36.4 crore versus Rs 26.7 crore.
Q2 Results Live: Goldiam International Profit Slips 6%
Goldiam International Q2 Highlights (Consolidated, YoY)
Revenue up 2.7% at Rs 137 crore versus Rs 133 crore
Ebitda up 11.4% at Rs 30.5 crore versus Rs 27.4 crore
Margin at 22.3% versus 20.5%
Net Profit down 5.7% at Rs 22.1 crore versus Rs 23.5 crore
Q2 Results Live: Caplin Point Earnings Highlights (Consolidated YoY)
Revenue up 18% at Rs 483 crore versus Rs 410 crore.
Ebitda up 20% at Rs 165 crore versus Rs 137 crore.
Ebitda margin at 34.2% versus 33.4%.
Net profit up 13% at Rs 131 crore versus Rs 116 crore.
Q2 Results Live: Bajaj Electricals Earnings Highlights (Consolidated YoY)
Revenue up 0.5% at Rs 1,118 crore versus Rs 1,113 crore.
Ebitda down 31.4% at Rs 51.6 crore versus Rs 75.3 crore.
Margin at 4.6% versus 6.8%.
Net profit down 52.7% at Rs 12.9 crore versus Rs 27.3 crore.
To note: The company has inventory write-back of Rs 95.5 crore in current quarter
Q2 Results Live: Abbott India Profit Rises 15%
Abbott India Q2 Highlights (Consolidated, YoY)
Revenue up 9% at Rs 1,633 crore versus Rs 1,494 crore.
Ebitda up 15% at Rs 439 crore versus Rs 381 crore.
Margin at 26.9% versus 25.5%.
Net profit up 14.7% at Rs 359 crore versus Rs 313 crore.
Q2 Results Live: Indigo Paints Net Profit Falls
Indigo Paints Q2 Highlights (Consolidated, YoY)
Revenue up 7.4% at Rs 300 crore versus Rs 279 crore.
Ebitda down 1.5% at Rs 41.5 crore versus Rs 42.1 crore.
Margin at 13.9% versus 15.1%.
Net profit down 12.1% at Rs 22.3 crore versus Rs 25.3 crore.
Q2 Results Live: Clean Science Revenue Jumps 31%
Clean Science & Technology Q2 Highlights (Consolidated, YoY)
Revenue up 31.5% at Rs 238 crore versus Rs 181 crore.
Ebitda up 20.5% at Rs 90 crore versus Rs 74 crore.
Margin down at 38% versus 41%.
Net profit up 13.5% at Rs 59 crore versus Rs 52 crore.
Q2 Results Live: Alembic Pharma Profit Rises 12%
Alembic Pharmaceuticals Q2 Highlights (Consolidated, YoY)
Revenue up 3% at Rs 1,648 crore versus Rs 1,595 crore.
Ebitda up 15% at Rs 239 crore versus Rs 208 crore.
Ebitda margin at 14.5% versus 13.1%.
Net profit up 12% at Rs 153 crore versus Rs 137 crore.
Q2 Results Live: Earnings Estimates For NHPC, Lupin, RVNL And More
Q2 Results Live: Noel Tata On Trent Earnings
Noel Tata, the chairman of Trent said that the consumer sentiment remained relatively muted and it is exploring additional avenues of growth.
Consumer sentiment remained relatively muted
Weak consumer demand, and seasonality led to headwinds for retail businesses
Seek to explore additional avenues of growth
Star business seeing strong customer traction on the back of Trent's playbook
Success of own branded products augurs well for the Star business
(Source: Press release.)
Q2 Results Live: Trent Profit Misses Estimates
Trent Q2 Highlights (Consolidated, YoY)
Revenue up 39% at Rs 4,157 crore versus Rs 2,982 crore.
Ebitda up 41% at Rs 643 crore versus Rs 457 crore.
Ebitda margin at 15.5% versus 15.3%
Net profit up 47% at Rs 335 crore versus Rs 228 crore.
Q2 Results Live: M&M Reports 13% Jump In Net Profit
Mahindra & Mahindra Q2 Highlights (Standalone, YoY)
Revenue up 12% at Rs 28,919 crore versus Rs 25,762 crore.
Ebitda up 21% at Rs 5,270 crore versus Rs 4,360 crore.
Ebitda margin at 18.2% versus 16.9%.
Net profit up 13% at Rs 3,841 crore versus Rs 3,393 crore.
Q2 Results Live: NHPC, Lupin, Mahindra & Mahindra, RVNL, Trent To Report Earnings Today
NHPC Ltd., Lupin Ltd., Mahindra & Mahindra Ltd., Rail Vikas Nigam Ltd., and Trent Ltd. will be in focus on Thursday as they will announce their earnings for the quarter ended Sept. 30, 2024.
NHPC is likely to report a net profit of Rs 1,178 crore and revenue of Rs 3,023 crore.
Mahindra & Mahindra Ltd. is expected to report a net profit of Rs 3,564 crore, with revenue projected at Rs 27,063 crore, as per analysts' consensus estimate compiled by Bloomberg. The company’s Ebitda is estimated at Rs 3,747 crore, resulting in an Ebitda margin of 13.8%.
Lupin is anticipated to post a net profit of Rs 742 crore and revenue of Rs 5,560 crore. The company's Ebitda is expected at Rs 1,203 crore, translating to a margin of 21.6%.
As many as 166 companies are set to release their Q2 financial results on Nov. 7. Other notable names announcing earnings include Indian Hotels Co., Aditya Birla Fashion and Retail Ltd., Bajaj Electricals Ltd., and Cummins India Ltd.
