Page 39 - Q2 Results

Jaypee Infratech posts Rs 88.2 cr profit in Q2; MD & CEO Aalok Dave resigns

Jaypee Infratech Ltd has reported a consolidated net profit of Rs 88.20 crore for the September quarter. The company had posted a net loss of Rs 588.31 crore in the year-ago period. Total income declined to Rs 222.86 crore in the second quarter of the 2024-25 fiscal year from Rs 357.92 crore in the corresponding period of the previous year, according to a regulatory filing on Thursday. In June this year, the Mumbai-based Suraksha Group took control of the Jaypee Infratech Ltd (JIL) by constituting a three-member board. Sudhir V Valia, promoter of Suraksha Group, was appointed as a non-executive director on the JIL board. The takeover followed the insolvency appellate tribunal NCLAT decision on May 24, 2024, upholding Suraksha Group's bid to acquire JIL. The date of the NCLAT order, May 24, has been treated as the 'Approval Date' as defined in the approved resolution plan. The NCLAT had directed Suraksha Group to pay an additional Rs 1,334 crore to Yamuna Expressway Industrial ...

Lenovo looks to expand as Q2 results beat estimates; eyes AI growth

The Chinese technology company reported revenue of $17.9 billion for the quarter ended Sept 30, exceeding analysts' expectations of $16 billion

Grasim Industries Q2FY25 results: Net profit falls 45.6% to Rs 1,100 crore

Aditya Birla Group flagship holding firm Grasim Industries Ltd on Thursday reported a 45.64 per cent decline in consolidated net profit to Rs 1,100.16 crore for the September quarter, impacted by lower profitability in the cement business and investments in the Building Materials and Renewables businesses. The company had posted a net profit of Rs 2,024.05 crore during the July-September period a year ago, according to a regulatory filing by Grasim Industries -- the holding firm for leading group companies such as UltraTech, Aditya Birla Capital, and Aditya Birla Renewables. Its revenue from operations was up 11.05 per cent to Rs 33,562.85 crore during the quarter under review from Rs 30,220.68 crore a year earlier. The revenue growth was "driven by the superior performance of financial services, cellulosic staple fibre and specialty chemicals businesses", Grasim Industries said in an earning statement. However, consolidated EBITDA declined "as a result of lower profitability in th

Hero MotoCorp Q2 results: Net profit up 5.6% on high rural demand

The consolidated revenue rose to Rs 10,482.93 crore while net profit for the quarter came in at Rs 1,063 crore

Glenmark Pharma Q2 profit rises on strong India business performance

The company also reported a 14.6 per cent rise in revenues in the European market to Rs 687.4 crore, while recording a 1.2 per cent revenue drop in the North America market

EaseMyTrip Q2FY25 results: Net profit declines 45% to Rs 26 crore

The Delhi-headquartered company's gross booking revenue (GBR) from hotels and packages reached Rs 2,414 million, marking a 178.4 per cent Y-o-Y growth

Hero MotoCorp Q2 results: PAT rises 6% to Rs 1,066 crore on higher sales

The country's largest two-wheeler maker had reported a profit after tax (PAT) of Rs 1,007 crore in the July-September quarter of last fiscal

Muthoot Finance Q2 results: Consolidated net profit up 21% at Rs 1,321 cr

Impairment on financial instruments grew sharply to Rs 420 crore in Q2 FY25 from Rs 81.14 crore in Q2 FY24

Glenmark Pharma Q2 results: PAT rises to Rs 354 cr on chronic drugs demand

The drugmaker reported a consolidated profit of Rs 354 crore (nearly $42 million) for the quarter ended Sept. 30, compared with a loss of Rs 81.95 crore a year ago

Ipca Labs Q2 results: PAT rises 58% to Rs 229 cr, revenue at Rs 2,355 cr

Ipca Laboratories on Thursday said its consolidated net profit declined 58 per cent year-on-year to Rs 229 crore in the September quarter. The drug firm had reported a net profit of Rs 145 crore in the year-ago period. Revenue from operations rose to Rs 2,355 crore for the second quarter of the current fiscal year as compared with Rs 2,034 crore in the year-ago period, Ipca Laboratories said in a regulatory filing. The company said its domestic formulations business revenue stood at Rs 940 crore for the quarter, up 11 per cent from Rs 845 crore a year earlier. Export of generics stood at Rs 286 crore in the July-September period as against Rs 264 crore, registering a year-on-year growth of 8 per cent. The company said its board has approved an interim dividend of Rs 21 per share of Re 1 each for 2024-25. Shares of the company on Thursday ended 2.02 per cent up at Rs 1,538.65 apiece on the BSE.

Medanta Hospitals Q2 results: Net profit rises 4.5% to Rs 130 crore

The company's ARPOB per day rose to Rs 62,140 in Q2 FY25, a marginal growth of 1.9 per cent Y-o-Y compared to Rs 61,003 reported for the same period last year

Mamaearth parent Honasa Consumer slips into red in Q2, revenue down 7%

The decline was attributed to the company's ongoing transition to a D2C model under "Project Neev", which has necessitated an inventory correction of Rs 63 crore

Muthoot Finance Q2FY25 results: Net profit jumps 26% to Rs 1,251 crore

Muthoot Finance on Thursday reported over 26 per cent jump in net profit at Rs 1,251.1 crore in the second quarter ended September 2024. The company had a net profit of Rs 991 crore in the second quarter of 2023-24 fiscal. Muthoot Finance's total revenue from operation rose to Rs 4,117.4 crore during the latest July-September quarter from Rs 3,059.67 crore in the corresponding period a year ago. In a regulatory filing, Muthoot Finance said its board has approved additional equity infusion of Rs 500 crore in its wholly-owned subsidiary Muthoot Money Ltd. Shares of Muthoot Finance closed at Rs 1,800, up 1.53 per cent over previous close on the BSE.

Crompton Greaves Q2FY25 results: Net profit rises 27% to Rs 128 crore

Crompton Greaves Consumer Electricals Ltd on Thursday reported an increase of 26.9 per cent in its consolidated net profit to Rs 128.07 crore in the second quarter ended in September 2024. The company had posted a net profit of Rs 100.87 crore in the July-September quarter a year ago, according to a regulatory filing from Crompton Greaves Consumer Electricals Ltd (CGCEL). However, its revenue from operations rose by 6.4 per cent to Rs 1,896.01 crore in the quarter under review, from Rs 1,782.27 crore in the same period last year. CGCEL's total expenses rose to Rs 1,742.79 crore in the September quarter of FY25, registering an increase of 4.9 per cent. The total consolidated income of CGCEL stood at Rs 1,913.53 crore in the September quarter, up 6.47 per cent. In the September quarter, CGCEL's revenue from the electric consumer durables segment was up 12.5 per cent to Rs 1,392.7 crore. Similarly, revenue from its lighting products business was up 6 per cent to Rs 253.13 crore. Ho

Bharat Forge Q2FY25 results: Net profit rises 13% to Rs 243 crore

Auto component firm Bharat Forge on Thursday said its consolidated net profit increased 13 per cent year-on-year to Rs 243 crore for the second quarter ended September 30, 2024. The company had reported a net profit of Rs 215 crore in the July-September quarter of last fiscal. Revenue from operations rose to Rs 3,688 crore as against Rs 3,774 crore in the year-ago period, Bharat Forge said in a regulatory filing. Shares of the company were trading 1.03 per cent up at Rs 1,335.10 apiece on BSE.

HAL Q2FY25 results: Net profit jumps 22.1% on defence aircraft demand

HAL had secured an engine manufacturing contract worth 260 billion rupees for the Indian Air Force during the reported quarter

Zaggle Prepaid share up 5% on posting 145% rise in Q2 profit, rev up 64%

Zaggle's consolidated profit rose 145 per cent to Rs 18.56 crore as compared to Rs 7.59 crore a year ago

Q2 results today: Hero MotoCorp, HAL, Glenmark among 1,181 to post earnings

Q2 results today, November 14: Lemon Tree Hotels, Bharat Forge, Grasim Industries, Muthoot Finance, and Medanta to post Q2FY25 earnings on Thursday

Market Today: Hero MotoCorp Q2; WPI; US inflation; & Niva Bupa IPO listing

In the previous session, both Sensex and Nifty extended their losing streak, each closing over 1 per cent lower. The BSE Sensex ended at 77,690.95, while the Nifty settled at 23,559.05

Brigade Enterprises Q2FY25 results: Reports 46% increase in sales value

The company's revenue, however, declined by 19 per cent on an annual basis