Page 40 - Q2 Results

Dilip Buildcon Q2 results: Net profit rises threefold to Rs 235 crore

However, the company reported a decline in its revenue from operations

Zaggle Q2FY25 results: Net profit jumps to Rs 20 cr, revenue at Rs 302.5 cr

SaaS fintech platform Zaggle Prepaid Ocean Services on Wednesday posted a three-fold increase in consolidated net profit to Rs 20.3 crore for the September quarter. It had reported a net profit of Rs 7.62 crore in the year-ago period, the company said in a regulatory filing. The revenue from operations for the quarter under review was Rs 302.5 crore, 64.22 per cent higher than Rs 184.2 crore a year earlier, it said. "As part of our growth strategy, we are actively seeking strategic alliances and inorganic growth opportunities. We are strongly focusing on M&As with a combined strategy of small tuck-ins and larger investment opportunities, in the SaaS Fintech sector, including areas like NBFC, Payments, etc. "In line with our growth plans, we have taken approval from the board of directors for a fundraise of up to Rs 9,500 million (Rs 950 crore) subject to shareholders' approval," Raj P Narayanam, Founder and Executive Chairman, Zaggle Prepaid Ocean Services, said. The firm is ...

Apollo Tyres Q2 results: Net profit decreases 37% to Rs 297 crore

Apollo Tyres on Wednesday said its consolidated profit after tax declined 37 per cent to Rs 297 crore in the September 2024 quarter, hit by tepid demand in the domestic market and an increase in raw material prices. The tyre maker posted a Profit After Tax (PAT) of Rs 474 crore in the July-September quarter of last fiscal. Revenue from operations stood at Rs 6,437 crore in the second quarter against Rs 6,280 crore in the year-ago period, Apollo Tyres said in a statement. "We witnessed a weak demand scenario in the OEM (Original Equipment Manufacturer) segment in our largest market -- India, which negated the strong growth in the replacement segment," Apollo Tyres Chairman Onkar Kanwar stated. In Europe, the company saw positive revenue growth in the passenger vehicle segment, which is the largest segment for Apollo in that geography, he added. "Unprecedented increases in raw material prices have impacted our profitability," Kanwar noted. The company said its board approved the ra

Dish TV Q2 results: Net loss at Rs 37 cr, revenue falls 17% to Rs 395.62 cr

Direct-to-home firm Dish TV India Ltd on Wednesday reported a consolidated net loss of Rs 37.38 crore in the September 2024 quarter. The company posted a net profit of Rs 5.41 crore in the July-September quarter a year ago, according to a company filing. Its revenue from operations was down 17.43 per cent to Rs 395.62 crore in the September quarter. It stood at Rs 479.15 crore in the corresponding quarter a year ago. Dish TV's total expenses in the September quarter declined 6.43 per cent to Rs 437.97 crore. Its expenses include the cost of goods and services, personnel cost and other expenses. Total income of Dish TV, which includes other income, in the September quarter was down 17.55 per cent to Rs 400.59 crore. Shares of Dish TV India Ltd settled at Rs 11.77 per scrip on the BSE, down 3.29 per cent from the previous close.

Vi Q2 results: Net loss narrows to Rs.7,175 crores, Arpu at Rs 156

4G subscriber base falls after 11 quarters, overall user base shrinks 5 million

Thomas Cook India Q2 results: Net profit rises by 38% to Rs 65 cr

The profit before interest, depreciation, and taxes (PBIDT) of the company increased by 28.6 per cent to Rs 168.2 crore Y-o-Y for the July-September quarter

Bayer CropScience Q2 results: PAT falls to Rs 136 cr on pricing pressure

The company reported a consolidated profit of 1.36 billion rupees ($16.1 million) for the three months ended Sept. 30, compared to 2.23 billion rupees a year earlier

Sun TV Network Q2 results: Net profit drops 12% to Rs 409.1 crore

The profit before interest, depreciation, and taxes (PBIDT) of the company declined by 15.1 per cent to Rs 713.1 crore on a Y-o-Y basis for the July-September quarter

AstraZeneca Pharma India results: Q2FY25 net profit falls 27% to Rs 38 cr

AstraZeneca Pharma India on Wednesday said its net profit declined by 27 per cent on-year to Rs 38 crore in the second quarter ended on September 30, 2024. The drug firm reported a net profit of Rs 52 crore in the July-September quarter of last fiscal. Revenue from operations stood at Rs 408 crore for the period under review compared with Rs 311 crore in the year-ago period, the firm said in a regulatory filing. Shares of the company ended 3.74 per cent lower at Rs 7,133.10 apiece on the BSE.

Brigade Enterprises Q2FY25 results: Net profit down 11% to Rs 118.98 cr

Realty firm Brigade Enterprises Ltd on Wednesday reported an 11 per cent decline in its consolidated net profit to Rs 118.98 crore in the September 2024 quarter. Its net profit stood at Rs 133.50 crore in the year-ago period. Total income also fell to Rs 1,138.13 crore in the second quarter of this fiscal compared to Rs 1,407.92 crore in the corresponding period of the preceding year, according to a regulatory filing. Bengaluru-based Brigade Enterprises is one of the leading real estate developers in the country.

Bayer CropScience Q2FY25 results: Net profit falls 38.85% to Rs 136.3 cr

Bayer CropScience Ltd, the Indian unit of German crop science group Bayer AG, on Wednesday posted a 38.85 per cent slump in net profit to Rs 136.3 crore in the September 2024 quarter, hurt by higher expenses. The company reported a net profit of Rs 222.9 crore a year earlier, according to a regulatory filing. Its total income rose to Rs 1,761.3 crore in the second quarter of this fiscal from Rs 1,633.3 crore in the year-ago period. However, expenses remained higher by 18.34 per cent to Rs 1,571.2 crore against Rs 1,327.6 crore in the said period a year ago. Its Managing Director and CEO Simon Wiebusch said the Q2 increase in the revenue from the operations was primarily driven by higher volumes which were partially offset by price pressure rooted in lower producer prices in China. "Our margins were negatively impacted by higher production costs in corn seeds due to adverse weather conditions as well as a higher cost of goods sold in our chemical business," he said. Despite these

Vodafone Idea Q2FY25 results: Loss narrows to Rs 7,176 cr, revenue up 1.8%

Debt-ridden telecom firm Vodafone Idea on Wednesday said its consolidated loss narrowed to Rs 7,175.9 crore in the September quarter. The company had posted a loss of Rs 8,746.6 crore in the same period a year ago. The consolidated revenue from services of Vodafone Idea (VIL) increased 1.8 per cent to Rs 10,918.1 crore during the second quarter of the current fiscal year from Rs 10,714.6 crore in the year-ago period, it said in a regulatory filing. Its consolidated revenue from operations increased to Rs 10,932.2 crore during the quarter from Rs 10,716.3 crore a year ago, it stated.

Torrent Power Q2FY25 results: Net profit dips nearly 9% to Rs 495 cr

Torrent Power on Wednesday reported about 9 per cent dip in consolidated net profit to Rs 495.72 crore in the September quarter compared to the year-ago period as extended monsoon season curbed electricity demand and capacity utilisation of renewables. The company had a consolidated net profit of Rs 542.55 crore in the quarter ended on September 30, 2023, a BSE filing showed. Total income increased to Rs 7,300.51 crore in the period under review from Rs 7,069.11 crore a year ago. Total expenses rose to Rs 6,611.83 crore in the quarter from Rs 6,328.44 crore in the same period a year ago. The company stated that the increase in contribution from licensed distribution businesses was offset by lower contribution from thermal generation mainly on account of reduced sale of merchant power (including sale of LNG) due to lower electricity demand in the current quarter on account of extended and heavy Monsoon against comparable quarter last year. Lower contribution from renewable businesse

Eicher Motors Q2: Profit grows 8.3% to Rs 1,100 cr, revenue at Rs 4,263 cr

For Q2 FY25, VECV's profit after tax stood at Rs 209 crore, as against Rs 187 crore last year

Thermax Q2FY25 results: Net profit rises nearly 25% to Rs 198 crore

Thermax on Wednesday posted a nearly 25 per cent rise in its consolidated net profit to Rs 198 crore in the September 2024 quarter compared to a year ago, mainly on the back of higher revenues. Its consolidated net profit stood at Rs 159 crore in the quarter ended on September 30, 2023, according to a regulatory filing. Total income rose to Rs 2,671.36 crore in the quarter from Rs 2,368.32 crore in the same quarter of the preceding fiscal. The current quarter's revenue and profit are favourably impacted by an accrual of Rs 66 crore as income towards the incentive receivable under the Packaged Incentive Scheme (PSI), 2007 from the Maharashtra government, the company said in a statement. As of September 30, 2024, the order balance in the reported quarter was Rs 11,593 crore, up 13 per cent from Rs 10,264 crore a year ago on a consolidated basis. The order booking for the quarter jumped 70 per cent to Rs 3,353 crore. During the quarter, Thermax Babcock & Wilcox Energy Solutions Ltd

Goodluck India Q2 results: Net profit increases 30% to Rs 45 crore

Special steel maker Goodluck India on Wednesday reported a 30 per cent rise in profit after tax to Rs 45.06 crore in the September 2024 quarter, helped by higher income. Its profit after tax (PAT) stood at Rs 34.70 crore in the July-September period, according to a regulatory filing. The company's total income rose to Rs 992.65 crore against Rs 887.75 crore in the year-ago period. For the half year ended September 30, 2024, the company's net profit increased by 25.66 per cent to Rs 79.53 crore compared to Rs 63.29 crore. Total income grew by 9.25 per cent to Rs 1,908.33 crore from Rs 1,746.80 crore in the six-month period of the preceding fiscal. Sales volume surged by nearly 9.40 per cent to 2,00,489 lakh tonne in H1FY25 against 1,83,256 LT in H1FY24. "It has been an exceptionally good quarter for us where we have witnessed a significant growth in both our volume and value sales. While the volume growth in sales is backed by robust demand from almost all quarters of the industry

Nalco Q2 results: Net profit increases multi-fold to Rs 1,046 crore

State-owned Nalco on Wednesday said its consolidated profit rose more than five-fold to Rs 1,045.97 crore in the quarter ended September 2024 on the back of higher revenue from operations. The company had posted a consolidated profit of Rs 187.35 crore in the year-ago period, National Aluminium Company Ltd (Nalco) said in a stock exchange filing. The consolidated revenue from operations in the latest July-September period rose to Rs 4,001.48 crore from Rs 3,043.83 crore recorded in the year-ago period, the filing said. The company's board has approved an interim dividend of Rs 4 per share for the current financial year. Nalco is a 'Navratna' company. Currently, the central government owns 51.28 per cent of Nalco's equity capital. The company has been operating its captive Panchpatmali Bauxite Mines for the pit head alumina refinery at Damanjodi in the District of Koraput in Odisha and aluminium smelter and captive power plant at Angul.

NBCC Q2 results: Net profit jumps 53% to Rs 125.13 cr on higher income

State-owned NBCC (India) Ltd on Wednesday reported a 53 per cent increase in its consolidated net profit at Rs 125.13 crore for the quarter ended September on higher income. Its net profit stood at Rs 81.90 crore in the year-ago period. Total income rose to Rs 2,525.95 crore during the second quarter of this fiscal from Rs 2,134.36 crore in the corresponding period of the preceding year, according to a regulatory filing. NBCC is into project management consultancy and real estate businesses.

Wockhardt Q2 results: Net loss narrows to Rs 16 cr, revenue at Rs 809 cr

Drug firm Wockhardt on Wednesday reported a consolidated net loss of Rs 16 crore for the second quarter ended September 30, 2024. The company has reported a net loss of Rs 73 crore in July-September quarter of last fiscal. Revenue from operations stood at Rs 809 crore for the second quarter as compared with Rs 753 crore in the year-ago period, the Mumbai-based drug maker said in a regulatory filing. Shares of the company were trading 0.63 per cent up at Rs 1,189 apiece on BSE.

Eicher Motors Q2FY25 results: Net profit grows 8.3% to Rs 1,100 cr

The company said its net profit rose 8.3% year-on-year to Rs 1,100 crore ($130.40 million) in the three months to Sept. 30