Page 37 - Q2 Results

Cognizant Q2 net profit rises 14% to $645 mn on BFSI, healthcare gains

Cognizant posted 14 per cent rise in Q2 net profit to $645 million, with strong growth in healthcare and BFSI verticals and two mega deals boosting revenue

Cognizant Q2 profit rises 14%, lifts revenue growth forecast to 4-6%

Cognizant on Thursday reported better-than-expected growth with net income rising 14 per cent year-on-year to USD 645 million for the June 2025 quarter, as the Nasdaq-listed IT services firm raised the lower end of its full-year revenue growth forecast, pegging it at a 4 to 6 per cent range. Cognizant's revenue for the second quarter - it runs on a January to December fiscal year cycle - was at USD 5.25 billion, increasing 8.1 per cent year-over-year or 7.2 per cent in constant currency terms, according to the earnings release. The cranking up of the lower end of the guidance band is on account of outperformance in the first half of the year, two mega deals won, as well as agentic solutions and AI unlocking new spends, the top management said. "Our second quarter revenue performance exceeded the high end of our guidance range, underscoring the effectiveness of our strategy to build a resilient and durable portfolio that positions us to win in the AI era," Cognizant CEO Ravi Kumar S

Varun Beverages shares rise 10% in 2 days post Q2 results; upside left?

Most analysts have maintained their ratings on Varun Beverages' stock, while slightly increasing their share price target post Q2-2025 results. Check the latest targets and upside potential

Varun Beverages Q2 results: Profit up 5% to ₹1,325.4 cr, revenue down 2.32%

Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Tuesday reported a 5.04 per cent increase in its consolidated net profit to Rs 1,325.4 crore for the second quarter that ended June 2025, helped by operational efficiencies and lower finance cost, though volume was impacted in peak summer season due to unseasonal rains. The company, which follows the calendar year as its financial year, had posted a net profit of Rs 1,261.8 crore in the April-June quarter a year ago, according to a regulatory filing from Varun Beverages Ltd (VBL). However, its revenue from operations declined 2.32 per cent to Rs 7,163.02 crore in the June quarter of FY26. It stood at Rs 7,333.67 crore in the corresponding quarter last fiscal. During June, VBL reported a 3 per cent drop in consolidated sales volume at 389.7 million cases in Q2 CY2025 from 401.6 million cases in Q2 CY2024, primarily due to abnormally high unseasonal rainfall throughout the quarter in India," the bottler said in its earnings

Boeing cuts losses in Q2 as jet deliveries rebound and revenue grows

The planemaker's free cash flow usage, a key metric for Wall Street, also came in better than expected, signaling an improving cash position

Coca-Cola Q2 results: Revenue up 2.5% at $12.62 bn on steady soda demand

The company's shares were up about 1% in premarket trading

Domino's tops Q2 US sales estimates on strong demand, new menu deals

The world's largest pizza chain introduced items such as the parmesan-stuffed crust pizza to its list, and attracted value-conscious consumers through deals under its rewards program

American Express exceeds profit expectations on continued robust spending

Excluding one-time items, AmEx earned $4.08 per share for the three months ended June 30, compared with the $3.89 per share analysts were expecting, according to estimates compiled by LSEG

Spotify Q2 profit forecast misses estimates as payroll taxes weigh down

It expects monthly active users to rise to 689 million in the second quarter, compared with LSEG-compiled estimates of 684.9 million. Premium subscribers are expected to increase to 273 million

SpiceJet Q2 loss up; airline turns profitable in Q3 on lower fuel expenses

SpiceJet has been posting losses for the past six financial years. The airline was last in the green in 2017-18, when it recorded a consolidated net profit of Rs 557.4 crore

Gillette India Q2 results: Net profit rises 21.18% to Rs 125.97 crore

Sales rose 7.21% to Rs 685.55 crore in the quarter ended December 2024 as against Rs 639.46 crore during the previous quarter ended December 2023

Gillette India Q2 results: Profit rises 21% to Rs 126 cr on high revenue

Shaving products maker Gillette India Ltd on Monday reported 21.18 per cent rise in profit to Rs 125.97 crore for the second quarter ended December 2024. The company, which follows the July-June financial year, had reported a profit of Rs 103.95 crore for the year-ago period, according to a BSE filing from Gillette India. Revenue from operations increased to Rs 685.55 crore during October-December 2024 from Rs 639.46 crore a year ago. Total expenses were up 4 per cent in the quarter to Rs 527.60 crore. Revenue from the grooming segment was up 11 per cent to Rs 570.64 crore. However, oral care was down 8.25 per cent to Rs 114.91 crore in the December quarter. Total income of Gillette India was at Rs 694.74 crore in December quarter, up 7.43 per cent. "These results were driven by strong brand fundamentals across our strategic portfolio, positive consumer response on innovation and superior retail execution," said Gillette India in its earning statement. Meanwhile, in a separate f

Hitachi Energy India gains 5% as board to mull fundraising on January 18

"We wish to inform you that a meeting of the Board of Directors of the Company is scheduled on Saturday, January 18, 2025, to consider and approve the proposal for raising funds," filing read

MobiKwik posts Rs 3.59 crore loss in Q2FY25, total income grows 42%

The Gurugram-based company's total income rose 42 per cent year-on-year (Y-o-Y) to Rs 293.66 crore in Q2FY25 from Rs 206.83 crore in Q2FY24

Mobikwik share price soars 14% as firm narrows net loss to Rs 3.6 cr in Q2

Mobikwik is slated to announce its Q2 results today. Shares of the company were listed on bourses on December 18, 2024, with a 58.51 per cent premium over the IPO allotment price of Rs 279 on BSE

Q2 FY25: Current account deficit at 1.2% of GDP; BoP surplus at $18.6 bn

The merchandise trade deficit increased to $75.3 billion in Q2 of 2024-25 from $64.5 billion during the same period last year

Q2 growth a temporary blip, economy to see better growth: FM Sitharaman

The Indian economy grew 6.7 per cent in the April-June quarter and 5.4 per cent in the July-September period of FY2024-25

Building materials hit a wall in Q2, recovery to lay bricks in FY26

Demand and margins set for slow rebuild, helping valuations cement stronger base

Swiggy share price rises 7% on narrowing Q2 losses; revenue soars 30% YoY

Swiggy's consolidated net loss marginally narrowed in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago

Swiggy Q2 results: Loss narrows to Rs 626 cr, revenue up 30% at Rs 3,601 cr

Swiggy's overall Gross Order Value (GOV) grew 30 per cent year-on-year to reach Rs 11,306 crore, reported the company for the quarter and half-year ended September 30, 2024