Q2 Results Updates: Coal India Profit Down 22%, Gensol Engineering Revenue Rises 14%
Bharat Electronics net profit beat estimates to rise by 38.4% to Rs 1,092 crore versus Rs 812 crore in the same period last year.
KEY HIGHLIGHTS
Q2 Live Updates: Coal India Profit Down 22%
Q2 Live Updates: Gensol Engineering Profit Rises 29%
Q2 Live Updates: Shakti Pumps Profit Surges To More Than 17 Times
Q2 Live Updates: GMR Power And Urban Infra Reports Profit Of Rs 249.56 Crore
Q2 Live Updates: Macrotech Developers Profit Doubles At Rs 423.10
Q2 Live Updates: Coal India Profit Down 22%
Coal Q2 Highlights (Consolidated, YoY)
Revenue down 6.42% to Rs 30,672 crore versus Rs 32,776 crore.
Ebitda down 14.16% to Rs 8615 crore versus Rs 10037 crore.
Ebitda margin down 253 bps at 28.08% versus 30.62%.
Net profit down 22.03% to Rs 6275 crore versus Rs 8048 crore.
Announces dividend of Rs 15.75.
Q2 Live Updates: Krsnaa Diagnostics Profit Up 87%
Krsnaa Diagnostics Q2 Highlights (Consolidated, YoY)
Revenue up 19.9% to Rs 186.34 crore versus Rs 155.45 crore.
Net profit up 87% to Rs 19.60 crore versus Rs 10.50 crore.
Ebitda up 55% to Rs 49.40 crore versus Rs 31.78 crore.
Margin at 26.5% versus 20.4%.
Q2 Live Updates: Nuvama Wealth Management Profit Rises 77.5%
Nuvama Wealth Management Q2 Highlights (Consolidated, YoY)
Total income rises 43% at Rs 1,057 crore versus Rs 737 crore.
Net profit up 77.5% at Rs 257 crore versus Rs 145 crore.
Q2 Live Updates: Gensol Engineering Profit Rises 29%
Gensol Engineering Q2 Highlights (Consolidated, YoY)
Revenue up 13.8% to Rs 346.49 crore versus Rs 304.58 crore.
Net profit up 29% to Rs 22.93 crore versus Rs 17.71 crore.
Ebitda up 126% to Rs 106.61 crore versus Rs 47.07 crore.
Margin at 30.8% versus 15.5%.
Q2 Live Updates: Shakti Pumps Profit Surges To More Than 17 Times
Shakti Pumps Q2 Highlights (Consolidated, YoY)
Revenue up 315.4% to Rs 634.59 crore versus Rs 152.78 crore.
Net profit up 1637% to Rs 101.42 crore versus Rs 5.84 crore.
Ebitda up 878% to Rs 148.73 crore versus Rs 15.20 crore.
Margin at 23.4% versus 9.9%.
Q2 Live Updates: GMR Power And Urban Infra Decreases To Rs 7.2 Billion
Gross debt decreased by Rs 7.2 billion quarter-on-quarter mainly due to Rs 6.1billion reduction in corporate debt.
Net debt decreased by Rs 6.2 billion quarter-on-quarter.
Source: Press Release
Q2 Live Updates: GMR Power And Urban Infra Reports Profit Of Rs 249.56 Crore
GMR Power And Urban Infra Q2 Highlights (Consolidated, YoY)
Revenue up 120.6% to Rs 1,384.09 crore versus Rs 627.49 crore.
Net profit at Rs 249.56 crore versus loss of Rs 123.27 crore.
Ebitda up 211% to Rs 430.34 crore versus Rs 138.52 crore.
Margin at 31.1% versus 22.1%.
Q2 Live Updates: CMS Info System Wins Rs 400 Crore Order In H1
CMS Info System has won new order worth Rs 200 crore in the quarter, while for the first half of the fiscal new order wins stood at Rs 400 crore, in the Managed Services & Technology Solutions business.
Source: Press Release
Q2 Live Updates: CMS Info Systems Profit Flat At Rs 90.92
CMS Info Systems Q2 Highlights (Consolidated, YoY)
Revenue up 4.2% to Rs 624.54 crore versus Rs 599.43 crore.
Net profit up 0.1% to Rs 90.92 crore versus Rs 90.79 crore.
Ebitda up 0.5% to Rs 152.97 crore versus Rs 152.27 crore.
Margin at 24.5% versus 25.4%.
Q2 Live Updates: Macrotech Developers Profit Doubles At Rs 423.10
Macrotech Developers Q2 Highlights (Consolidated, YoY)
Revenue up 50.1% to Rs 2,625.70 crore versus Rs 1,749.60 crore.
Net profit up 109% to Rs 423.10 crore versus Rs 202.80 crore.
Ebitda up 69% to Rs 704.60 crore versus Rs 416.10 crore.
Margin at 26.8% versus 23.8%.
Deferred tax expense of Rs 31.4 crore.
Q2 Live Updates: Kewal Kiran Clothing Profit Rises 36%
Kewal Kiran Clothing Q2 Highlights (Consolidated, YoY)
Revenue up 17.4% to Rs 308.23 crore versus Rs 262.48 crore.
Net profit up 36% to Rs 67.65 crore versus Rs 49.66 crore.
Ebitda up 4% to Rs 63.95 crore versus Rs 61.73 crore.
Margin at 20.7% versus 23.5%.
Q2 Live Updates: Praj Industries Order Intake Increases To Rs 921 Crore
Praj Industries order intake for the quarter was at Rs 921 crore, compared to Rs 888 crore in the first quarter of this financial year and less against Rs 1,063 crore in the same period last year.
Q2 Live Updates: IndiGo Fuel CASK Increased By 4.2%
IndiGo's Fuel CASK increased by 4.2% to Rs 1.73 and CASK ex fuel increased by 16.8% to Rs 2.96.
Q2 Live Updates: Phoenix Mills Net Profit Falls 4%
Phoenix Mills Q2 Highlights (Consolidated, YoY)
Revenue up 4.9% to Rs 917.97 crore versus Rs 875.02 crore.
Net profit down 4% to Rs 290.64 crore versus Rs 303.83 crore.
Ebitda up 2% to Rs 517.68 crore versus Rs 505.96 crore.
Margin at 56.4% versus 57.8%.
Q2 Live Updates: Astec LifeSciences Loss Widens At Rs 13.42 Crore
Astec LifeSciences Q2 Highlights (Consolidated, YoY)
Revenue down 11.0% to Rs 98.55 crore versus Rs 110.79 crore.
Net loss at Rs 38.55 crore versus loss of Rs 13.42 crore.
Ebitda loss at Rs 19.74 crore versus loss of Rs 3.42 crore.
Q2 Live Updates: IndiGo Experiencing Larger Fuel Burns
IndiGo is experiencing larger fuel burns due to increased block hours the management said. The airline is also working OMCs on the related fuel charges.
The airline will see the impact of decrease in fuel prices in November.
The company said that last year was a strong year on the back of huge demand and last quarter had a higher base on the back of new demand addition.
Source: Earnings Concall
Q2 Live Updates: IndiGo's Long-term Indian Market View Unchanged
IndiGo's long-term view on Indian markets growth remains unchanged, said the management. The airline also sees some normalisation in growth numbers on quarterly basis.
The growth was in-line with the company's expectation they added.
The management also said that domestic inflation is correlated to IndiGo's expenses, and they hope to see some inflation moderating.
Source: Earnings Concall
Q2 Live Updates: UTI Asset Management Profit Rises 44%
UTI Asset Management Q2 Highlights (Consolidated, YoY)
Total income rises 33% at Rs 540 crore versus Rs 406 crore.
Net profit rises 44% at Rs 263crore versus Rs 183 crore.
Q2 Live Updates: Praj Industries Profit Falls 14%
Praj Industries Q2 Highlights (Consolidated, YoY)
Revenue down 7.5% to Rs 816.19 crore versus Rs 882.33 crore.
Net profit down 14% to Rs 53.83 crore versus Rs 62.37 crore.
Ebitda up 3% to Rs 86.21 crore versus Rs 83.99 crore.
Margin at 10.6% versus 9.5%
Q2 Live Updates: Balkrishna Industries Net Profit Flat At Rs 346.94
Balkrishna Industries Q2 Highlights (Consolidated, YoY)
Revenue up 7.4% to Rs 2,419.74 crore versus Rs 2,253.19 crore.
Net profit flat at to Rs 346.94 crore.
Ebitda up 9% to Rs 579.79 crore versus Rs 532.71 crore.
Margin at 24.0% versus 23.6%.
Announces second interim dividend of Rs 4.
Q2 Live Updates: DLF Profit More Than Doubles At Rs 1,381 Crore
DLF Q2 Highlights (Consolidated, YoY)
Revenue rises 47% at Rs 1,975 crore versus Rs 1,348 crore.
Ebitda up 9% at Rs 502 crore versus Rs 462 crore.
Ebitda margin at 25.4% vs 34.3%.
Net profit up 122% at Rs 1,381 crore versus Rs 622 crore.
Reversal of deferred tax liability of Rs 606 crores up to Sept. 30 2024.
Q2 Live Updates: Texmaco Rail & Engineering Profit Rises Threefold
Texmaco Rail & Engineering Q2 Highlights (Consolidated, YoY)
Revenue up 67.2% to Rs 1,345.88 crore versus Rs 805.05 crore.
Net profit up 201% to Rs 74.11 crore versus Rs 24.59 crore.
Ebitda up 73% to Rs 132.20 crore versus Rs 76.25 crore.
Margin at 9.8% versus 9.5%.
Q2 Live Updates: Syrma SGS Technology Profit Rises 30%
Syrma SGS Technology Q2 Highlights (Consolidated, YoY)
Revenue up 17% to Rs 832.74 crore versus Rs 712 crore.
Net profit up 30% to Rs 39.65 crore versus Rs 30.51 crore.
Ebitda up 42% to Rs 70.96 crore versus Rs 50 crore.
Margin at 8.5% versus 7%.
Q2 Live Updates: Inox Wind Energy Swings To Rs 84.46 Crore
Inox Wind Energy Q2 Highlights (Consolidated, YoY)
Revenue up 97.4% to Rs 733.01 crore versus Rs 371.40 crore.
Net Profit at Rs 84.46 crore versus loss of Rs 57.14 crore.
Ebitda up 514% to Rs 166.09 crore versus Rs 27.03 crore.
Margin at 22.7% versus 7.3%.
Q2 Live Updates: Bank Of Baroda Will Recover Rs 12,000 Crore This Year
Bank of Baroda is looking to recover around Rs 12,000 crore this year. The bank will maintain slippages at Rs 9,000-10,000 crore this year.
The bank does not have a large microfinance book, and it is not seeing any major stress level in this portfolio said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
Source: Earnings Concall
Q2 Live Updates: Bank Of Baroda Looking To Moderate Growth
Bank of Baroda is looking to moderate growth as it does not want to run too much faster than system.
The bank is moderating asset growth guidance to match lower deposit growth, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
The bank will also be moderating a little on corporate growth owing to pricing and margin management.
Source: Earnings Concall
Q2 Live Updates: Bank Of Baroda's System Liquidity Has Improved In October
Bank of Baroda's system liquidity has improved in October, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
The bank will maintain margins at current levels, he added,
The bank has moderated unsecured loans since Sept 2023.
Chand believes GDP growth will be robust at 7.3%.
Source: Earnings Concall
Q2 Live Updates: IndiGo Current Ground Aircraft Reduces To High 60s
IndiGo's grounded aircrafts reduced to high 60s said management.
The air carrier has taken delivery of six aircraft from Qatar and has become the first Indian airline with over 400 aircrafts.
Source: Earnings Concall
Q2 Live Updates: Inox Wind Swings To Profit
Inox Wind Q2 Highlights (Consolidated, YoY)
Revenue up 97.6% at Rs 732 crore versus Rs 371 crore.
Ebitda rises 258.5% at Rs 173 crore versus Rs 48 crore.
Ebitda margin rises at 23.6% versus 13%.
Net profit at Rs 90 crore versus loss Of Rs 27 crore.
Deferred tax expense Rs 3.6 crore this quarter versus Rs 1.12 crore last year same quarter.
Q2 Live Updates: Torrent Pharmaceuticals Profit Rises 17%
Torrent Pharmaceuticals Q2 Highlights (Consolidated, YoY)
Revenue up 8.6% to Rs 2,889 crore versus Rs 2,660 crore.
Net profit up 17% to Rs 453 crore versus Rs 386 crore.
Ebitda up 14% to Rs 939 crore versus Rs 825 crore.
Margin at 32.5% versus 31.0%.
Q2 Live Updates: Bank Of Baroda Credit Growth Guidance Cut To 11-13%
Credit growth guidance of the bank has been reduced to 11-13% compared to 12-14% earlier.
The deposit growth guidance has been cut to 9-11% from 10-12%.
Source: Earnings Concall
Q2 Live Updates: Bank Of Baroda Spending Good Amount On IT Operations
Bank of Baroda is spending a good amount of money on IT operations, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
Source: Earnings Concall
Q2 Live Updates: Bank Of Baroda Has Been Working To Manage ESG
Bank of Baroda has been working a lot toward managing ESG, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
This according to him will be the core commitment for the bank. He also added that the bank is looking to retailise the book.
Source: Earnings Concall
Q2 Live Updates: Bank Of Baroda Looking To Maintain Margin Alongside Growth
Bank of Baroda is looking at maintaining margin alongside growth, said Debadatta Chand, managing director and chief executive officer at Bank of Baroda.
He further added that asset quality is looking quite satisfying.
Slippage ratio and credit cost is within guidance, he added.
Source: Earnings Concall
Q2 Live Updates: CreditAccess Grameen Profit Falls 47%
CreditAccess Grameen Q2 Highlights (Standalone, YoY)
Total income rises 17% at Rs 1,454 crore versus Rs 1,248 crore.
Net profit down 47% at Rs 185 crore versus Rs 349 crore.
Q2 Live Updates: Aegis Logistics Revenue Rises 41.8%
Aegis Logistics Q2 Highlights (Consolidated, YoY)
Revenue up 41.8% to Rs 1,750.42 crore versus Rs 1,234.86 crore (Bloomberg estimate: Rs 1,856 crore).
Net profit up 1% to Rs 152.02 crore versus Rs 150.01 crore (Bloomberg estimate: Rs 151 crore).
Ebitda up 8% to Rs 223.94 crore versus Rs 208.31 crore (Bloomberg estimate: Rs 266 crore).
Margin at 12.8% versus 16.9% (Bloomberg estimate: 14.40%).
Q2 Live Updates: Tatva Chintan Pharma Chem Reports Loss Of Rs 0.66 Crore
Tatva Chintan Pharma Chem Q2 Highlights (Consolidated, YoY)
Revenue down 13.6% to Rs 83.49 crore versus Rs 96.67 crore.
Net loss at Rs 0.66 crore versus Rs 7.78 crore.
Ebitda down 72% to Rs 5.58 crore versus Rs 20.25 crore.
Margin at 6.7% versus 20.9%.
Q2 Live Updates: ICRA Profit Rises 15.6%
ICRA Q2 Highlights (Consolidated, YoY)
Total income rises 20.54% at Rs 146 crore versus Rs 121 crore.
Net profit rises 15.6% at Rs 37 crore versus Rs 32 crore.
Q2 Live Updates: Bank of Baroda Profit Rises 23.2%
Bank of Baroda Q2 Highlights
Net profit rises 23.2% at Rs 5,238 crore versus Rs 4,253 crore (YoY).
NII rises 7% at Rs 11,622 crore versus Rs 10,831 crore (YoY).
Gross NPA at 2.5% versus 2.88% (QoQ).
Net NPA at 0.6% versus 0.69% (QoQ).
Q2 Live Updates: IndiGo's Capacity Increases 8.2%
IndiGo's capacity increased by 8.2% to 38.2 billion in the second quarter and passengers increased by 5.8% to 27.8 million.
Source: Press Release
Q2 Live Updates: IndiGo Reports Net Loss (Consolidated, YoY)
Revenue up 14% at Rs 16,970 crore versus Rs 14,944 crore. (Bloomberg estimate: Rs 17,254 crore)
Net loss at Rs 987 crore versus profit of Rs 189 crore. (Bloomberg estimate: profit of Rs 134 crore)
Ebitdar flat at Rs 2,396 crore.
Ebitdar margin at 14.1% versus 16%.
Q2 Live Updates: Shriram Finance (Consolidated, YoY)
Net profit up 20% at Rs 2,153 crore verses Rs 1,792 crore.
Total income up 18% at Rs 10,097 crore versus Rs 8,564 crore.
The board declares interim dividend of Rs 22 per share.
It also cleared plan to split each share into five.
Q2 Live Updates: Bandhan Bank Profit Soars (Standalone, YoY)
Net profit up 30% at Rs 937 crore versus Rs 721 crore (Bloomberg estimate: Rs 896 crore)
Net interest income up 21% at Rs 2,948 crore versus Rs 2,443 crore.
Net NPA at 1.29% versus 1.15% (QoQ)
Gross NPA 4.68% versus 4.23% (QoQ)
Q2 Live Updates: BPCL Earnings Decline (Consolidated, QoQ)
Revenue down 9% at Rs 1,02,791 crore versus Rs 1,13,096 crore (Bloomberg estimate: Rs 1,08,975 crore)
Ebitda down 20% at Rs 4,547 crore versus Rs 5,650 crore (Bloomberg estimate: Rs 6,048 crore)
Ebitda margin at 4.4% vs 4.9% (Bloomberg estimate: 5.5%)
Net profit down 20% at Rs 2,397 crore versus Rs 3,015 crore. (Bloomberg estimate: Rs 4,118 crore)
Q2 Live Updates: MOIL Earnings Decline (Consolidated, YoY)
Net Profit down 18.8% at Rs 50 crore versus Rs 61.5 crore.
Revenue down 16% at Rs 292 crore versus Rs 347 crore.
Ebitda down 17.8% at Rs 79.18 crore versus Rs 96.31 crore.
Margin at 27.1% versus 27.7%
Q2 Live Updates: Cholamandalam Investment Profit Miss Estimate (Consolidated, YoY)
Total income up 35% at Rs 6,322 crore versus Rs 4,695 crore
Net profit up 25% at Rs 968 crore versus Rs 773 crore (Bloomberg estimate: Rs 1,011 crore)
Q2 Live Updates: Orient Electric Net Profit Down (Consolidated, YoY)
Revenue up 16% at Rs 660 crore versus Rs 567 crore.
Net Profit down 43% at Rs 10.4 crore versus Rs 18.5 crore.
Ebitda margin at 5.4% versus 3.6%
Ebitda up 73% at Rs 36 crore versus Rs 21 crore
Q2 Live Updates: NLC India Net Profit Down (Consolidated, YoY)
Revenue up 23% at Rs 3,657 crore versus Rs 2,978 crore
Ebitda up 29% at Rs 1076 crore versus Rs 835 crore
Ebitda margin at 29.4% vs 28%
Net profit down 10% at Rs 982 crore versus Rs 1,086 crore
Q2 Live Updates: Poonawalla Fincorp Swings To Loss (Standalone, YoY)
Net loss of Rs 471 crore versus profit Rs 1,259 crore.
Total Income up 34% at Rs 997 crore versus Rs 745 crore.
Q2 Live Updates: J&K Bank Net Profit Up (Standalone, YoY)
NII up 8% at Rs 1,436 crore versus Rs 1,334 crore
Net profit up 45% at Rs 551 crore versus Rs 381 crore
Gross NPA at 3.95% versus 3.91% (QoQ)
Net NPA at 0.85% versus 0.76% (QoQ)
Q2 Live Updates: IDBI Bank Net Profit Up (Standalone, YoY)
Net profit up 39% at Rs 1,836 crore versus Rs 1,323 crore.
Net Interest Income up 26% at Rs 3,876 crore Rs 3,067 crore.
Net NPA at 0.2% versus 0.23% (QoQ)
Gross NPA at 3.68% versus 3.87% (QoQ)
Q2 Live Updates: JSW Holdings Net Profit Spikes
JSW Holdings (Consolidated, YoY)
Total revenue up 82% at Rs 162 crore versus Rs 89 crore.
Net profit up 89% at Rs 120 crore versus Rs 63 crore.
Q2 Live Updates: PSP Projects Revenue Declines
PSP Projects Q2 Highlights (Consolidated, YoY)
Margin at 6.4% versus 11.7%
Ebitda down 48% at Rs 37.6 crore versus Rs 72.5 crore.
Revenue down 5.4% at Rs 586 crore versus Rs 620 crore.
Ebitda margin at 7.7% versus 9.4%.
Q2 Live Updates: HPCL Q2 Review (Standalone, QoQ)
A 12% revenue downtick was driven by the downstream segment.
Fall in downstream segment revenue on low petroleum product demand due to monsoon season.
Ebitda and margins saw an uptick as a results of a 14% fall in stock-in-trade purchase and reversal of change in inventory worth Rs 4276.56 crore.
LPG Losses
The company's LPG losses expanded during the second quarter.
Negative LPG loss buffer now at Rs 4,277 crore versus Rs 2,000 crore in first quarter.
Physical Performance (QoQ)
Standalone crude throughput up 9.4% to 6.3 million metric tonne
Pipeline throughput down 4.4%.
Domestic sales fell 10% to 10.79 MMT on low demand.
Exports up over 48% to 0.83 MMT.
Q2 Live Updates: Kirlaskar Pneumatic Profit Rises Over Three Times
Kirlaskar Pneumatic Q2 Highlights (Consolidated, YoY)
Revenue up 53% at Rs 431 crore versus Rs 282 crore.
Ebitda up 195% at Rs 94 crore versus Rs 32 crore.
Margin at 21.7% versus 11.2%.
Net profit up 235% At Rs 67.5 crore versus Rs 20.2 crore.
Q2 Live Updates: Apollo Pipes Profit Falls By 72%
Apollo Pipes Q2 Highlights (Consolidated, YoY)
Revenue down 19% at Rs 250 crore versus Rs 308 crore.
Ebitda down 33% at Rs 19 crore versus Rs 29 crore.
Ebitda margin at 7.7% versus 9.4%.
Net profit down 72% at Rs 4 crore versus Rs 14 crore.
Q2 Live Updates: JSW Steel Net Profit Tumbles 85%
JSW Steel Q2 Highlights (Consolidated, YoY)
Net profit down 85% at Rs 404 crore versus Rs 2,774 crore.
Revenue down 11% at Rs 39,684 crore versus Rs 44,584 crore.
Ebitda down 31% at Rs 5,437 crore versus Rs 7,886 crore.
Ebitda margin at 13.7% versus 17.7%.
Q2 Live Updates: JM Financial (Consolidated, YoY)
Total income up 63% at Rs 430 crore versus Rs 263 crore.
Net profit up 110% at Rs 299 crore versus Rs 142 crore.
Q2 Live Updates: HPCL (Consolidated, QoQ)
Revenue down 10.5% at Rs 99,926 crore versus Rs 1.4 lakh crore (Bloomberg estimate: Rs 1,02,203 crore).
Ebitda up 29.3% to Rs 2,724.4 crore versus Rs 2,108 crore (Bloomberg estimate: Rs 4,258 crore).
Margin at 2.7% versus 1.85% (Bloomberg estimate: 4.2%).
Net profit up 77% at Rs 631 crore versus Rs 356 crore (Bloomberg estimate: Rs 2,008 crore)
Q2 Live Updates: Bharat Electronics (Consolidated, YoY)
Revenue up 15% to Rs 4,605 crore versus Rs 3,993 crore (Bloomberg estimate: Rs 5,159 crore).
Ebitda up 38% to Rs 1,400 crore versus Rs 1,004 crore (Bloomberg estimate: Rs 1,075 crore).
Margin up 510 basis points to 30.4% versus 25.29% (Bloomberg estimate: 20.8%).
Net profit rose 38.4% to Rs 1,092 crore versus Rs 812 crore (Bloomberg estimate: Rs 843 crore).
Q2 Live Updates: Arvind Smartspaces (Consolidated, YoY)
Revenue up 264% at Rs 266 crore versus Rs 73 crore.
Ebitda up 95% at Rs 66 crore versus Rs 34 crore.
Ebitda margin at 24.8% versus 46.6%.
Net profit up 291% at Rs 43 crore versus Rs 11 crore.
Q2 Live Updates: Eris Lifesciences (Consolidated, YoY)
Revenue up 47% at Rs 741 crore versus Rs 505 crore
Ebitda up 46% at Rs 265 crore versus Rs 181 crore
Ebitda margin at 35.7% versus 35.8%
Net profit down 21% at Rs 96 crore versus Rs 122 crore
Approves acquisition of 30% stake in Levim Lifetech at primary equity investment of `54 cr
Q2 Live Updates: TTK Healthcare (Consolidated, YoY)
Net profit up 7.5% at Rs 17 crore versus Rs 16 crore.
Revenue up 7% at Rs 199 crore versus Rs 186 crore.
Ebitda down 15% at Rs 8 crore versus Rs 10 crore.
Ebitda margin at 4.1% versus 5.2%.
Q2 Live Updates: Go Fashion (YoY)
Net profit up 2.8% at Rs 20.6 crore versus Rs 20 crore.
Revenue up 10% at Rs 209 crore versus Rs 189 crore.
Ebitda up 12% at Rs 64 crore versus Rs 57 crore.
Ebitda margin at 30.5% versus 29.9%
Q2 Live Updates: Lloyds Enterprises (Consolidated, YoY)
Net profit up 3.2% at Rs 40.5 crore versus Rs 39.2 crore.
Revenue at Rs 385 crore versus Rs 149 crore.
Ebitda up 17.5% at Rs 29.2 crore versus Rs 24.8 crore.
Margin at 7.6% versus 16.6%.
Q2 Live Updates: Jubilant Pharmova (Consolidated, YoY)
Net Profit up 65.1% at Rs 103 crore versus Rs 62.1 crore.
Revenue up 4.5% at Rs 1,742 crore versus Rs 1,667 crore.
EBITDA up 22.4% at Rs 279 crore versus Rs 228 Cr crore.
Margin at 16% versus 13.7%.
Stocks React Ahead Of Earnings
India’s benchmark gauge, the NSE Nifty 50 was trading 1.12% down as of 12:35 p.m.
Q2 Live Updates: Bloomberg Estimates For HPCL (Standalone, QoQ)
Revenues may fall 12.7% to Rs 1.05 lakh crore.
Ebitda may jump 100.33% to Rs 4,222.32 crore.
Margins may expand to 4% versus 1.7%.
Net profit may jump 439.02% to Rs 1,917.83 crore.
Q2 Live Updates: Brokerage Preview On HPCL
Hindustan Petroleum Corp of India is also expected to post weak results for the September quarter. Domestic retail sales are expected to fall around 7% sequentially due to the seasonal impact of the monsoon season, according to Nuvama. The brokerage expects the refinery to report a gross refining margin of $5.5 per barrel.
While the refining segment of the oil marketing is expected to be weak, lower oil prices are set to support the marketing segment's performance. This is due to the supernormal marketing margins in the range of Rs 13-15 per litre seen in September 2024. Motilal Oswal expects this to drive HPCL’s Ebitda by 38% on a QoQ basis.
Q2 Live Updates: Bloomberg Estimates For BPCL (Standalone, QoQ)
Revenues may fall 3.3% to Rs 1.09 lakh crore.
Ebitda may rise 10% to Rs 6,248.8 crore.
Margins may expand to 5.7% versus 5%.
Net profit may rise 22.3% to Rs 3,687.2 crore.
Q2 Live Updates: Brokerage Preview On BPCL
Bharat Petroleum Corp. of India is expected to post weak results for the September quarter due to weak demand during the period, according to Nuvama. The brokerage expects BPCL to have a gross refining margin of $7 per barrel. This compares to the $13-18 per barrel refining margin seen a year ago.
Oil prices witnessed a strong correction during the quarter, benefiting the oil marketing companies. As per Motilal Oswal, the higher marketing margins expected could drive up the standalone Ebitda by 38%, respectively, on a QoQ basis.
Q2 Results Live: Apollo Micro Systems (Consolidated, YoY)
Net Profit at Rs 15.7 crore versus Rs 6.6 crore.
Revenue up 84.3% at Rs 161 crore versus Rs 87.2 crore.
Ebitda up 77.7% at Rs 32.7 crore versus Rs 18.4 crore.
Margin at 20.3% versus 21.%
Q2 Results Live: Earnings Estimates Of Coal India, Bank Of Baroda, BPCL And More
Coal India Ltd., Bank of Baroda, Bharat Petroleum Corp. and Hindustan Petroleum Corp. will be in focus on Friday as they announce their earnings for the September quarter of the current financial year.
Coal India is likely to report a net profit of Rs 8,444 crore for the quarter ended September. The largest government-owned coal producer in the world is likely to report a top line of Rs 31,207 crore, earnings before interest, taxes, depreciation and amortisation of Rs 10,577 crore, as well as an Ebitda margin of 33.9%, according to Bloomberg estimates.
Bank of Baroda is likely to clock a bottom line of Rs 4,452 crore. BPCL is likely to clock a profit of Rs 4,118 crore and is expected to report an Ebitda margin at 5.5%. Its revenue from operations is expected to be Rs 1.09 lakh crore, while its Ebitda is estimated as Rs 6,048 crore, according to Bloomberg estimates.
HPCL is estimated to report a profit of Rs 2,008 crore and a revenue of Rs 1.02 lakh crore. It is estimated to report an Ebitda of Rs 4,258 crore and an Ebitda margin at 4.2%, as per Bloomberg analysts.
Bharat Electronics Ltd. is expected to post a net profit of Rs 843 crore during its second quarter. Analysts expect its top line to be Rs 5,159 crore, Ebitda to be Rs 1,075 crore and Ebitda margin to be 20.8%.
DLF Ltd. is expected to post a net profit of Rs 658 crore and a top line of Rs 1,367 crore. The real estate company is estimated to report an Ebitda of Rs 626 crore and an Ebitda margin at 45.8%, 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.
State-owned Coal India Ltd., realty major DLF Ltd. and IndiGo parent InterGlobe Aviation Ltd. are the prominent companies that will report their earnings for the second quarter on Friday.
As many as 148 companies will declare their financial results for the quarter ended Sept. 30, 2024.
Hindustan Petroleum Corp., Bharat Petroleum Corp., Bandhan Bank, Balkrishna Industries Ltd. and JSW Steel Ltd. are among the other big names to report their earnings on Friday.