Page 293 - Company Results
Laurus Labs Q2 profit up 14% at Rs 233 cr, revenue jumps to Rs 1,576 cr
Drug firm Laurus Labs on Friday said its consolidated net profit increased 14 per cent to Rs 233 crore in the second quarter ended September 30, 2022.
 "Laurus Labs Q2 profit up 14% at Rs 233 cr, revenue jumps to Rs 1,576 cr")
Reliance Jio Q2 results: Net profit rises 28% to Rs 4,518 crore
The revenue from operations jumped 20.2 per cent to Rs 22,521 crore for the just ended quarter, from Rs 18,735 crore in the year-ago period
 "Reliance Jio Q2 results: Net profit rises 28% to Rs 4,518 crore")
Ambuja Cements net profit falls 94% to Rs 51.3 crore in Sept quarter
Ambuja Cements, now part of the Adani Group, on Friday reported a fall of 94.24 per cent in its consolidated net profit at Rs 51.30 crore for the September quarter, mainly due to rising fuel prices
 "Ambuja Cements net profit falls 94% to Rs 51.3 crore in Sept quarter")
JSW Steel posts surprise quarterly loss of Rs 848 crore on price slump
Total revenue from operations rose to Rs 41,778 crore from Rs 32,503 crore a year earlier
 "JSW Steel posts surprise quarterly loss of Rs 848 crore on price slump")
Q2 results: Motilal Oswal Financial Services' PAT up 11% to Rs 509 crore
Motilal Oswal Financial Services on Friday reported an 11 per cent growth in Profit After Tax (PAT) at Rs 509 crore for three months ended September 2022 driven by robust growth across the segments
 "Q2 results: Motilal Oswal Financial Services' PAT up 11% to Rs 509 crore")
HDFC Life reports 19% jump in Q2 earnings as policy sales pick up
Standalone profit-after-tax was 3.26 billion Indian rupees ($39.42 million) for the quarter ended Sept.30 compared with 2.74 billion rupees, the insurer said in a regulatory filing
 "HDFC Life reports 19% jump in Q2 earnings as policy sales pick up")
IDBI Bank net profit up 46% at Rs 828 cr in Q2 FY23, net NPAs down to 1.15%
IDBI Bank on Friday reported a 46 per cent rise in its net profit to Rs 828 crore for the second quarter ended September 30
 "IDBI Bank net profit up 46% at Rs 828 cr in Q2 FY23, net NPAs down to 1.15%")
Hindustan Zinc Q2 profit up 33% to Rs 2,680 cr, revenue up to Rs 8,127 cr
Vedanta Group firm Hindustan Zinc on Friday reported 32.8 per cent rise in consolidated net profit at Rs 2,680 crore for September quarter 2022-23
 "Hindustan Zinc Q2 profit up 33% to Rs 2,680 cr, revenue up to Rs 8,127 cr")
United Breweries Q2 net rises 67% to Rs 134.12 cr, revenue up 11.5%
Beer maker United Breweries Ltd has reported a 66.94 per cent growth in its consolidated net profit at Rs 134.12 crore in the second quarter ended September 30, mainly on the back of volume growth.
 "United Breweries Q2 net rises 67% to Rs 134.12 cr, revenue up 11.5%")
ICICI Bank Q2 net profit may rise 35% YoY on solid loan book, say analysts
ICICI Bank Q2 preview: Better credit growth, including for mortgages and unsecured loans, should drive up margins, leading to healthy core profitability, analysts said
 "ICICI Bank Q2 net profit may rise 35% YoY on solid loan book, say analysts")
Coforge Q2 net profit rises 36.6% to Rs 220 crore, revenue up 19.9%
The board has recommended an interim dividend of Rs 13 per share, with the record date for payout on 4 November 2022.
 "Coforge Q2 net profit rises 36.6% to Rs 220 crore, revenue up 19.9%")
Shriram Transport Finance Q2 net profit rises 38% to Rs 1,067 crore
The operating profit for the second quarter of the current financial year was up by 24 per cent to Rs 2,131 crore compared to Rs 1,717 crore during the same period in 2021-22
South Indian Bank posts net profit of Rs 223 crore in second quarter
Murali Ramakrishnan, MD and CEO of the Bank, while announcing the results, stated that the strategy of realigning the business by the bank had contributed to the above improved performance
Canara, UBI, Central Bank see 2-digit rise in net due to higher NII growth
NII of the lender grew 18.5 per cent year-on-year (YoY) to Rs 7,434 crore
 "Canara, UBI, Central Bank see 2-digit rise in net due to higher NII growth")
ITC Q2 net profit rises 24% to Rs 4,619.77 crore; revenue up 24.4%
The company attributed the performance to strong and broad-based growth across markets and channels
 "ITC Q2 net profit rises 24% to Rs 4,619.77 crore; revenue up 24.4%")
RIL's telecom, retail biz to shine in Q2; O2C muted, say analysts
Volatile energy markets, windfall taxes to contribute to O2C weakness; company to report results on Friday
 "RIL's telecom, retail biz to shine in Q2; O2C muted, say analysts")
Bajaj Finance Q2 results: Net profit jumps 88% to Rs 2,781 crore
The company booked 6.76 million loans in Q2FY23, up 7 per cent YoY compared to 6.33 million loans booked in the year-ago period
 "Bajaj Finance Q2 results: Net profit jumps 88% to Rs 2,781 crore")
L&T Finance Q2 results: Net profit rises 81% YoY on improved margins
Its capital adequacy was 22.65 per cent (Tier 1: 19.85 per cent) and Debt to Equity (D/E ratio) at 4.18 times in Q2FY23
ICICI Securities Q2 PAT down 14% to Rs 300 cr; total income up marginally
ICICI Securities reported a 14 per cent decline in profit after tax to Rs 300 crore in the three months ended September 2022
 "ICICI Securities Q2 PAT down 14% to Rs 300 cr; total income up marginally")
ITC's Q2 net profit up 21% at Rs 4,466 cr as cigarette, snacks sales rise
ITC's standalone revenue from operations rose 27% to Rs 17,160 crore in Q2FY23