HPCL, Lupin, Pidilite Industries to be watched

Image
Capital Market
Last Updated : Nov 05 2020 | 9:04 AM IST

HPCL reported its Q2 September 2020 result on Wednesday. The company's net profit surged 135.4% to Rs 2,247.75 crore on 14.16% decline in total income to Rs 52,590.08 crore in Q2 September 2020 over Q2 September 2019.

The board of the state-run oil marketing company also approved a proposal to buyback shares worth upto Rs 2500 crore at a maximum buyback price of Rs 250 per equity share.

Lupin reported a consolidated net profit of Rs 211 crore in Q2 September 2020 as compared to a net loss of Rs 127.10 crore in Q2 September 2019. Total revenue from operations fell 1.2% to Rs 3835 crore.

Pidilite Industries reported 9.93% rise in consolidated net profit to Rs 356.42 crore on 2.1% increase in total income to Rs 1,902.63 crore in Q2 September 2020 over Q2 September 2019.

JK Lakshmi Cement reported 83.99% rise in consolidated net profit to Rs 89.55 crore on 12.92% rise in total income to Rs 1,149.60 crore in Q2 September 2020 over Q2 September 2019.

Godrej Agrovet reported 2.92% rise in consolidated net profit to Rs 107.04 crore on 6.08% fall in total income to Rs 1,749.47 crore in Q2 September 2020 over Q2 September 2019.

Indian Hotels Company reported a consolidated net loss of Rs 230.01 crore in Q2 September 2020 as compared to a net profit of Rs 71.31 crore in Q2 September 2019. Total income fell 66.62% to Rs 344.03 crore.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 05 2020 | 8:26 AM IST

Next Story