Page 41 - Q2 Results

Kalyan Jewellers Q2 results: Net profit declines 3% to Rs 130 crore

Jewellery retailer Kalyan Jewellers on Tuesday reported a 3.37 per cent decline in consolidated profit after tax (PAT) to Rs 130.32 crore during the September quarter. The company's PAT stood at Rs 134.87 crore in the year-ago period, Kalyan Jewellers said in a regulatory filing. Revenue from operations of the company witnessed a 37.39 per cent growth during the quarter under review at Rs 6,065.48 crore compared to Rs 4,414.53 crore in the same period of the previous year. The company said there was a one-time loss of Rs 69 crore due to reduction in customs duty in India during the second quarter of FY25. "We are extremely excited with the way the current year has progressed thus far, despite volatile gold prices and the ongoing quarter is also witnessing robust footfalls. We are upbeat about the ongoing wedding season across the country and hope to end the calendar year on a very strong note," Kalyan Jewellers India Executive Director Ramesh Kalyanaraman said.

Patel Engineering Q2 results: Net profit grows 95.05% to Rs 73.44 crore

Patel Engineering Ltd on Wednesday reported a 95.05 per cent rise in consolidated net profit after tax to Rs 73.44 crore in the quarter ended September 30, 2024 on account of higher revenues. It had posted a Rs 37.65 crore net profit after tax (PAT) from continuing operations during the year-ago period, the company said in a regulatory filing. Total income of the company rose to Rs 1,230.98 crore in the July-September quarter, from Rs 1,046 crore in the same period a year ago. As of September 30, 2024 the consolidated gross debt of the company stood at Rs 1,437.7 crore, compared to Rs 1,885.5 crore as on March 31, 2024. "Our performance in Q2FY25 highlights continued growth and operational efficiency, with revenue increasing by 14.98 per cent and significant gains in profitability, despite it being a monsoon period," said Kavita Shirvaikar, Managing Director. Patel Engineering in a statement said the quarter saw significant project progress across key sectors such as hydro-power,

Patel Engineering shares up 6% on healthy Q2 show; PAT up 95%, rev up 15%

Patel Engineering's revenue from operations rose 15 per cent to Rs 1,174.3 crore as compared to Rs 1,021.3 crore a year ago

Hyundai Motor India shares skid 5%; record new low on muted Q2 performance

Looking ahead, the company anticipates better performance owing to the new launch of Creat EV in January, along with the recent launch of new variants of the Venue and Alcaazar models.

Hero MotoCorp Q2 preview: Net profit may surge up to 11%, revenue by 9% YoY

Domestic brokerages expect Hero MotoCorp to show strong year-on-year (Y-o-Y) growth in revenue and profitability, driven by volume increases, improved realisations, and a favourable product mix

Nexus Select Trust Q2FY25 results: Net operating income rises 5%

The REIT also declared a distribution of Rs 304.1 crore, or Rs 2.01 per unit, to its unitholders

Sula Vineyards Q2 results: PAT falls 37% to Rs 14.48 cr on low urban demand

Sula's consolidated net profit fell to Rs 14.48 crore ($1.72 million) in the quarter ended Sept. 30, from Rs 23.09 crore a year ago

Hyundai Motor India Q2 PAT down 16% in first results after listing

Carmaker's revenue falls on weak market sentiment, geopolitical factors

Eveready Industries India Q2FY25 results: PAT grows 16.2% to Rs 29.5 cr

Battery and flashlights maker Eveready Industries India Ltd on Tuesday reported a 16.2 per cent rise in its consolidated net profit to Rs 29.56 crore for the second quarter ended in September 2024. The company had posted a net profit of Rs 25.44 crore in the July- September period a year ago, according to an exchange filing from the Burman family-promoted firm. However, its revenue from operations was marginally down at Rs 362.61 crore during the quarter under review. It was at Rs 364.89 crore in the September quarter in a year-ago period. "Moderation in revenue is attributed to value de-growth in Batteries as Carbon Zinc volumes mark a decline in favour of Alkaline," said Eveready Industries in its earning statement. Flashlights record double-digit growth led by the rechargeable segment while lighting value erosion continued at a lower rate than earlier, adding to the moderation, it added. Its EBITDA margins improved helped by a better product mix, coupled with other operating ..

BSE Q2FY25 results: PAT surges 3-fold to Rs 346 cr, revenue at Rs 819 cr

Leading stock exchange BSE on Tuesday reported a three-time surge in net profit to Rs 346 crore for the September quarter. The exchange had posted a net profit of Rs 118 crore in the year-ago period, BSE said in a statement. The bourse's total revenues increased over two-fold to Rs 819 crore in the July-September period of the current financial year (FY25) from Rs 367 crore in the year-ago period. Additionally, BSE recorded its best half-year revenue and profit of Rs 1,493 crore and Rs 610 crore, respectively, the exchange's MD & CEO Sundararaman Ramamurthy said. The average daily turnover in the equity cash segment for the second quarter of FY25 rose to Rs 9,768 crore from Rs 5,922 crore in the same quarter last year. The average daily premium turnover in the equity derivatives segment for Q2 FY25 was at Rs 8,203 crore as compared to Rs 768 crore in the same quarter last year. BSE StAR MF delivered a 100 per cent year-on-year growth in revenues to Rs 58.7 crore. The total number

3M India Q2 results: Net profit falls 8.4% to Rs 134 crore as costs bite

The company, whose products range from "Post-it" notes to power tools, reported an 8.4% fall in profit after tax to 1.34 billion rupees ($15.9 million) for the second quarter ended Sept. 30

Infibeam Avenues Q2 results: Net profit increases 5% at Rs 44 crore

Payments-focused fintech Infibeam Avenues on Tuesday reported a 5 per cent increase in its consolidated net profit to Rs 44 crore for the September quarter. The Gandhinagar-headquartered entity had reported a net profit of Rs 41.89 crore in the year-ago period. On a standalone basis, its profit after tax slipped to Rs 36.1 crore from Rs 37 crore in the year-ago period, and Rs 36.26 crore in the quarter-ago period. The total income rose to Rs 949.34 crore from Rs 741.67 crore, while the operating expenses increased to Rs 900 crore from Rs 689.54 crore. The company has guided for a 23-32 per cent growth in the gross revenue at Rs 3,900-Rs 4,200 crore in FY25 and the operating profit to rise 9-19 per cent to Rs 275-300 crore. The Infibeam scrip closed 1.30 per cent down at Rs 27.37 apiece on the BSE as against a 1.03 per cent correction on the benchmark.

PTC India Q2 results: Net profit rises 16% to Rs 234 cr on higher revenues

Power trading solutions provider PTC India on Tuesday posted a nearly 16 per cent rise in its consolidated net profit to Rs 233.82 crore for the September quarter on higher revenues. The company had reported a consolidated net profit of Rs 202.31 crore in the quarter ended September 2023, a BSE filing showed. Its total income rose to Rs 5,133.63 crore in the quarter from Rs 5,088.29 crore a year ago. The Board of Directors of the company in its meeting held on November 12, 2024, approved the appointment of Rajneesh Agarwal as the nominee director of NHPC Ltd on the board, the filing stated. In a separate statement, the company stated that the trading volume rose 13 per cent in Q2 FY25 to 24,039 MU (million units compared to 21,326 MUs in Q2 FY24. The consulting income for Q2 FY25 stood at Rs 10.30 crore while the core trading margin stood at 3.60 paise per unit, it informed. PTC India Chairman and Managing Director Manoj Kumar Jhawar said, "A healthy mix of volume from trades acr

IndusInd keeps 'buy' tag after disappointing Q2 results' bring down stock

Most analysts expect the bank to return to stronger margins and optimise lending portfolio

GIC Re Q2FY25 results: Net profit increases 16% to Rs 1,860.76 crore

The underwriting loss of the company decreased by 26 per cent to Rs 1,088.43 crore from Rs 1,471.61 crore

Sunteck Realty Q2FY25 results: Pre-sales grow 32% to Rs 524 crore

The company's revenue from the quarter's operations also grew sixfold to Rs 169.04 crore

PN Gadgil Jewellers Q2FY25 results: Net profit jumps 59% to Rs 34.91 cr

Recently listed Jewellery retailers PN Gadgil Jewellers on Tuesday reported 59.11 per cent growth in net profit to Rs 34.91 crore in the quarter ended September 2024. The company's net profit stood at Rs 21.94 crore during the corresponding period of the previous fiscal, PN Gadgil Jewellers said in a regulatory filing. Its revenue from operations increased 45.92 per cent to Rs 2,001.31 crore during the quarter under review compared to Rs 1,371.51 crore a year ago. "The second quarter of FY25 has been highly rewarding, marked by strong operating performance across all our markets despite significant volatility in gold prices. Q2 FY25 surpassed expectations, establishing a solid foundation for growth, with demand levels exceeding those of the second quarter of FY24," PN Gadgil Jewellers Chairman and Managing Director Saurabh Gadgil said. The company made a strong debut on the stock market on September 17, 2024, he said. "Several factors shaped this successful quarter. The reduction

Religare Enterprises Q2 results: Net profit jumps 70% to Rs 68 crore

Religare Enterprises on Tuesday reported a 70 per cent jump in consolidated net profit to Rs 68.49 crore for the second quarter ended September 2024. The financial services firm had a consolidated net profit of Rs 40.35 crore in the July-September quarter of 2023-24. Its total revenue stood at Rs 1,971 crore during the second quarter of the current fiscal year, up from Rs 1,586 crore in the corresponding period of the last year. In a regulatory filing, Religare Enterprises further said that its Group CFO Nitin Aggarwal will cease to be associated with the company with effect from the close of business hours on November 12, 2024. Shares of Religare Enterprises closed at Rs 245.95, down 1.24 per cent over its previous close on the BSE.

Uno Minda Q2 results: Net profit increases 11% to Rs 266 cr, Ebitda up 20%

Auto components maker Uno Minda Ltd has posted an 11 per cent growth in consolidated profit after tax (PAT) at Rs 266.1 crore in the September quarter. The company had posted a consolidated net profit of Rs 237.16 crore in the year-ago period, it said on Tuesday. Revenue from operations grew 18 per cent to Rs 4,244.79 crore during the previous quarter from Rs 3,621.30 crore in the September quarter of FY24, Uno Minda said. The growth was driven by multiple segments led by lighting, switches, casting, sensors, and controllers, it said. The company said it continues to outperform the industry with revenue growth of 17 per cent vis-a-vis industry volume growth of 9 per cent. The earnings before interest, taxes, depreciation, and amortisation (EBITDA) for the September quarter stood at Rs 482 crore, up 20 per cent from Rs 402 crore a year ago, the company said. "We have delivered yet another strong quarterly performance, with highest-ever quarterly revenue for the quarter," Uno Minda

Nykaa Q2 results: Net profit rises 67% to Rs 13 cr, revenue up 24%

Growth was bolstered by robust revenues across its beauty and fashion businesses