Page 38 - Q2 Results

PC Jeweller Q2 results: Revenue up at 63% to ₹808 cr, debt down 23%

PC Jeweller Ltd on Thursday said its revenue grew about 63 per cent year-on-year in the second quarter of this fiscal on better demand for gold jewellery during the festive season. Delhi-based PC Jeweller, which has 52 showrooms, of which 49 are company-owned, further reduced its debt by 23 per cent during the latest September quarter. In a regulatory filing, Delhi-based PC Jeweller shared operational update for the July-September quarter of the 2025-26 fiscal. The company informed that it has posted a strong performance in the July-September period, driven by strong consumer demand during the ongoing festive season. The company achieved "standalone revenue growth of approximately 63 per cent compared to the corresponding quarter of the previous financial year", it added. During the quarter, the company expanded its retail presence by opening a franchise-owned showroom in Pitampura, Delhi. To expand business, the company has adopted a strategy of balanced growth through a mix of

September quarter set for GST hiccups, analysts back HUL, Britannia, Marico

Heavy rains in Q2FY26 adversely affected seasonal categories such as carbonated drinks, ready-to-drink juices, beer, ice creams, and hair/skin summer care products.

HUL expects near-flat Q2FY26 growth as GST rate cuts likely to hit sales

Leading FMCG major HUL on Friday said that while reduced GST rates will support long-term consumption, short-term order postponement due to anticipation of lower tax led to "near flat to low-single digit" business growth in the September quarter. HUL, which owns popular brands like Lux, Rin, Surf Excel, and Ponds, has witnessed a transitory impact "in the form of disruption at distributors and retailers" across channels to clear existing inventories at old prices. "This has resulted in postponement of ordering in anticipation of receiving new stocks with updated prices and lower orders across the overall portfolio as consumers delayed their pantry buying," said HUL in a regulatory filing. This disruption resulted in a short-term impact on sales for the company in the September quarter. "Given our existing pipeline inventory in the channels, we expect this impact to continue into October as well," he said. Though these reforms are expected to increase disposable income and drive ..

Bonds, gold likely to deliver steady returns in CY25: Shiv Goel, Bonanza

A balanced allocation to gold for crisis protection, bonds for stability, and quality equities for growth can help build resilient portfolios in CY25

Market outlook & portfolio strategy: Where to invest at the current levels?

Amid muted stock market returns in 2025, guided by GST and income tax reforms, along with Trump policies, experts recommend focusing on quality large-caps ahead of Q2Fy26 results.

Tariffs to dent India Inc's Q2; Fed cut to benefit India most: Swastika MD

Recent US tariffs of up to 50 per cent on over half of India's exports are creating significant headwinds for Q2 FY26 corporate profits, says Nyati

Indian tablet PC market grows 20% in Q2; Apple leads with 30% share

India tablet PC market grew 20 per cent year-on-year in the June 2025 quarter, with Apple cornering almost one-third market share, CyberMedia Research said in a report. According to the CyberMedia Research (CMR) Tablet PC India Market latest report, Apple's iPad supplies in the Indian market grew 10 per cent year-on-year in the June 2025 quarter. "Apple maintained the leading position in India's tablet market in Q2 2025, with a market share of 30 per cent supported by a 78 per cent quarter-on-quarter and 10 per cent year-on-year growth. "This performance was driven by strong demand for the newly launched iPad 11 Series, which accounted for 70 per cent of Apple's total shipments during the quarter, alongside improved availability across both online and offline channels," the report said. Samsung followed Apple as its supplies grew by 15 per cent year-on-year, clocking 27 per cent market share during the reported quarter. "The company's broad portfolio enabled it to sustain perform

IT hiring nearly flat for 6-7 quarters; no Q2 recovery seen: Quess Corp

Hiring in the IT services sector has remained stagnant over the past six to seven quarters, with no active demand likely to pick up in the second quarter either, a top official from staffing firm Quess Corp has said. Quess Corp ED and CEO Guruprasad Srinivasan told PTI that demand for technology talents is coming from global capability centres and non-IT companies. "At least for the last six to seven quarters. And we are also not seeing very active demand coming in, even in Q2 as well. So, IT services being a bit muted or dehiring happening, there has been no impact on Quess," he said. He added that 73 per cent of staffing demand for the company comes from non-IT and GCCs, where demand for the technology talent pool is high. "Skills for AI, cloud, and cybersecurity kind of profile are high in demand. On average, the wage in itself is about Rs 1.25 lakhs. It's a high margin for us. When it comes to margin, it's about 15 to 18 per cent," Srinivasan noted. Quess Corp has posted a 4 p

Exxon tops Q2 profit estimates, eyes value-driven acquisitions ahead

The biggest US oil producer made clear that it is ready to take advantage of lower oil prices and make acquisitions, but only if it is confident that it can create additional value

Apple beats Trump tariffs, slow start in AI to deliver strong quarter

Apple shook off a thicket of tariffs and a botched entry into artificial intelligence to accelerate its revenue growth during its springtime quarter, but the trendsetting tech company still faces a bumpy road ahead that could lead to higher iPhone prices. The April-June results released Thursday came against a backdrop of adversity that has been raising worries about the trajectory of a longtime tech kingpin that expects to absorb a setback of nearly $2 billion from the tariffs that President Donald Trump has already imposed and others in the pipeline. Despite the doubts, Apple remains a moneymaking machine. The Cupertino, California, company earned $23.4 billion, or $1.57 per share, during its fiscal third quarter, a 9 per cent increase from the same time last year. Revenue climbed 10 per cent from a year ago to $94 billion. The company's iPhone sales surged 13 per cent from a year ago to $44.6 billion. In another positive development, Apple's business in China showed signs of ...

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