Page 287 - Company Results
Mahindra Holidays Q2 profit down 31% on higher expenses, fall in revenue
Total expenses rose to 5.75 billion rupees from Rs 5.15 billion
 "Mahindra Holidays Q2 profit down 31% on higher expenses, fall in revenue")
Macrotech posts Rs 933-cr loss in Q2 on provisions made for UK biz
Realty firm Macrotech Developers Ltd reported a consolidated net loss of Rs 933 crore for Q2 due to provisions made for loan given to its British arm for development of projects
 "Macrotech posts Rs 933-cr loss in Q2 on provisions made for UK biz")
Online cosmetics retailer Nykaa's Q2 net more than doubles to Rs 5.2 cr
Revenue for the quarter was up 39% YoY to Rs 1,230.8 crore
 "Online cosmetics retailer Nykaa's Q2 net more than doubles to Rs 5.2 cr")
UPL Ltd Q2 net profit rises 25.19%; founder Rajju Shroff steps down as CMD
UPL said its consolidated net profit rose 25.19% to Rs 969 crore in the second quarter of FY23 on strong sales, and also announced that founder Rajju Shroff has stepped down as CMD
 "UPL Ltd Q2 net profit rises 25.19%; founder Rajju Shroff steps down as CMD")
Adani Ports SEZ Sept quarter profit jumps 62% as cargo volumes surge
Adani Ports and Special Economic Zone, India's largest private operator of ports, reported a 69% surge in quarterly profit on Tuesday, driven by strong cargo volumes.
 "Adani Ports SEZ Sept quarter profit jumps 62% as cargo volumes surge")
Cholamandalam Investment and Finance posts 7% dip in Q2 net profit
CIFC's total income increased by 22 per cent from Rs 2,481 crore during the second quarter of 2022-23 from Rs 3,038 crore during the same period last financial year
 "Cholamandalam Investment and Finance posts 7% dip in Q2 net profit")
Flipkart India FY22 revenue at Rs 51,176 cr, loss widens 39% to Rs 3,404 cr
The B2B arm of Walmart-owned e-commerce firm Flipkart reported expenses of Rs 54,580 crore, up about 19% over the previous year
 "Flipkart India FY22 revenue at Rs 51,176 cr, loss widens 39% to Rs 3,404 cr")
TVS Motor sales up by 2% in October, sells over 300,000 units
Domestic two-wheeler sales registered growth of 7 per cent increasing from 258,777 units in October 2021 to 275,934 units in October 2022
 "TVS Motor sales up by 2% in October, sells over 300,000 units")
LIC Hsg Finance's Q2 net up 23% to Rs 305 cr on dip in provisions
Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore
 "LIC Hsg Finance's Q2 net up 23% to Rs 305 cr on dip in provisions")
Flipkart FY22 net loss widens to Rs 3,413 cr despite increase in revenues
The Walmart group-owned firm had reported a net loss of Rs 2,445.6 crore in the previous financial year 2020-21
Varun Beverages' profit up 53% to Rs 395.48 crore in Sept quarter
Varun Beverages Ltd, PepsiCo's largest franchise bottler, reported a 53.34% jump in consolidated profit after tax at Rs 395.48 crore for the September quarter
 "Varun Beverages' profit up 53% to Rs 395.48 crore in Sept quarter")
Tech Mahindra Q2 net down 4% YoY to Rs 1,285 cr on supply side pressure
Profit was up sequentially, however; Revenue rose 20.7% YoY and 3.3% QoQ, driven by growth in CME segment and the US market
 "Tech Mahindra Q2 net down 4% YoY to Rs 1,285 cr on supply side pressure")
Max Healthcare net profit rises three-fold to Rs 457 crore in Sept quarter
Max Healthcare reported an over three-fold rise in its consolidated net profit for the second quarter to Rs 457.35 crore, as against Rs 144.65 crore in the year-ago period
 "Max Healthcare net profit rises three-fold to Rs 457 crore in Sept quarter")
UPL Ltd Q2 net profit up 25.19% on robust sales despite Ukraine impact
Agro-chemicals maker UPL Ltd posted a 25.19 per cent jump in its consolidated net profit at Rs 969 in the second quarter of FY23 on strong sales
 "UPL Ltd Q2 net profit up 25.19% on robust sales despite Ukraine impact")
Whirlpool India Q2 profit down 88% to Rs 49 cr; revenue flat at Rs 1,611 cr
Whirlpool of India reported a decline of 88.13% in its consolidated net profit at Rs 49.02 cr for second quarter ended September on account of commodity headwinds and a one-time gain last fiscal
 "Whirlpool India Q2 profit down 88% to Rs 49 cr; revenue flat at Rs 1,611 cr")
Honda Cars report 18% rise at 9,543 units in wholesales in October
The company had dispatched 8,108 units in the domestic market in October last year
 "Honda Cars report 18% rise at 9,543 units in wholesales in October")
Tech Mahindra Q2 consolidated PAT declines by 4% to Rs 1,285 crore
The company added over 5,000 people to its headcount during the latest September quarter, taking the overall employee base to 1.63 lakh
 "Tech Mahindra Q2 consolidated PAT declines by 4% to Rs 1,285 crore")
Tech Mahindra Q2 consolidated PAT decline by 4% to Rs 1,285 crore
The company added over 5,000 people to its headcount during the latest September quarter, taking the overall employee base to 1.63 lakh
Tata Motors' total sales in Q2 up 15.5% to 78,335 units in October
Tata Motors reported a 15.49% rise in total sales at 78,335 units in October 2022
 "Tata Motors' total sales in Q2 up 15.5% to 78,335 units in October")
Whirlpool's India unit reports 39% drop in Q2 profit as costs increase
Whirlpool's profit before exceptional items, its share of profit from joint ventures, and tax slid to 669.9 million Indian rupees
 "Whirlpool's India unit reports 39% drop in Q2 profit as costs increase")