Page 290 - Company Results

Stock valuations factor in negatives for ICICI Lombard, say analysts

Improving topline growth but combined ratio, loss ratio key concerns

AU Small Finance Bank's net profit rises 23% to Rs 343 crore in Q2

Disbursements during the quarter stood at Rs 8,605 crore as against Rs 5,061 crore

UltraTech Q2 net profit falls 42% to Rs 756 cr on higher energy costs

The pick-up in retail demand was led by pre-Diwali construction gaining momentum, UltraTech said

IIFL Wealth & Asset Management Q2 PAT rise 23% to Rs 173 cr; revenue up 12%

IIFL Wealth & Asset Management on Wednesday reported a 23 per cent growth in profit after tax (PAT) to Rs 173 crore for three months ended September 2022

Major asset management companies report muted results in second quarter

Revenue from operations remains flat for HDFC AMC and Nippon Life AMC in the previous quarter

Inox Leisure Q2 net loss narrows to Rs 40 cr, revenue rises multi-fold

Multiplex chain operator Inox Leisure Ltd reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022

Nestle India profit up 8.3% in Sept qtr, net sales growth at five-year high

Strong growth in e-commerce channels driven by emerging formats such as 'quick commerce' and 'click & mortar'; E-commerce contribution to sales at 7.2% in the quarter

KPIT Technologies Q2 net profit rises 28% to Rs 83 crore; revenue up 17.2%

Auto industry-focused engineering services company KPIT on Wednesday reported a 28 per cent jump in its September quarter net profit at Rs 83.56 crore, helped by a strong revenue growth

Telecom gear maker HFCL Q2 profit flat at Rs 84 crore; revenue falls 4.5%

Domestic telecom gear maker HFCL's consolidated net profit remained flat at Rs 84.31 crore for the quarter ended on September 30, 2022, according to the company's statement

IndusInd Bank's Q2 net profit rises 57% to 1,805 cr, NII rises 18%

Should see 18-20% credit growth in FY23 says Sumant Kathpalia, MD & CEO, IndusInd Bank

Havells Q2 net profit dips 38% to Rs 187 cr, revenue rises 13.6%

Havells India Ltd reported a 38.15 per cent decline in its consolidated net profit to Rs 187.01 crore for the second quarter ended on September 30, 2022, as commodity inflation hit its margins

Syngene International's net profit rises 53% to Rs 102 crore in Q2

Syngene International on Wednesday reported a 53 per cent rise in consolidated net profit at Rs 102 crore in the second quarter ended September 2022 on the back of higher revenue

HDFC AMC second quarter PAT rises 6% to Rs 364 cr; total income up 7%

HDFC Asset Management Company (AMC) on Wednesday reported a 6 per cent growth in profit after tax (PAT) at Rs 364.1 crore for the July-September quarter of the current financial year

IndusInd Bank's consolidated net profit jumps 57% to Rs 1,805 cr in Q2

Gross bad loans as a percentage of total loans, a measure of asset quality, eased to 2.11% at the end of September, from 2.35% at the end of June

CG Power Q2 net profit falls 11% to Rs 179 cr; total income rises 16%

CG Power and Industrial Solutions on Wednesday reported 11 per cent decline in consolidated net profit at Rs 178.97 crore for September quarter 2022-23

UltraTech Cement's Q2 net profit falls 42% to Rs 759 cr; net sales rise 16%

UltraTech said its operating margin 'dropped significantly to 14% mainly on account of higher energy costs, which increased by 58% YoY and decline in realisation'

Axis Bank Q2 preview: Profit may rise over 40% YoY on low provisions

Analysts said progress of the Citi portfolio, direction of operating profit growth, and credit growth amid slowdown concerns will be tracked by investors

Tata Communications' net profit grows 25% to Rs 532 crore in July-September

Tata Communications on Tuesday reported a 25 per cent increase in its consolidated net profit at Rs 532.29 crore in the July-September quarter of the current financial year

ICICI Lombard Q2 net up 32% to Rs 591 cr on reversal of tax provision

Gross direct premium income up 17% to Rs 5,185 cr; combined ratio, which indicates underwriting discipline, stable at 105.1%

Polycab India's Q2 net profit jumps 37% at Rs 270 cr, revenue up by 10.83%

Wires and cables manufacturer Polycab India (PIL) on Tuesday reported a 36.72 per cent growth in consolidated profit during the September quarter at Rs 270.45 crore