Q2 results today, November 12: General Insurance, Zydus, and Bosch will release their Q2FY25 results
A net income miss for Nifty 50 Index companies triggered a median decline of nearly 1.9 per cent in the stock prices in the current reporting season
Stocks to watch, Nov 12: Here are few stocks will be in focus for today's session
Store count for Devyani, which runs KFC, Pizza Hut and Costa Coffee stores in India, rose to 1,557 restaurants in the country from 1,298 last year
Co raises earlier capex plans for upstream by $2 billion
State-owned Oil and Natural Gas Corporation (ONGC) on Monday reported a 17 per cent rise in its second quarter net profit primarily because of lower windfall and other taxes. Standalone net profit of Rs 11,948.02 crore in July-September -- the second quarter of the current 2024-25 fiscal year -- was higher than Rs 10,238.10 crore earning in the same period last year, according to a company's stock exchange filing. The profit was also higher than Rs 8,938.10 crore earning in the preceding quarter of April-June 2024. The rise in profit was primarily because of lower windfall tax levied by the government as oil prices dropped. ONGC paid Rs 7,829.51 crore in statutory levies in Q2, down from Rs 10,791.09 crore in July-September 2023 and Rs 9,771.95 crore in April-June 2024. The government levies a windfall profit tax on domestic producers of crude oil to take away extraordinary gains they make when international oil prices shoot up in the aftermath of Russia's invasion of Ukraine. Pr
SBI share price: Even if the Reserve Bank of India cuts repo rate, the impact on NIM should be negligible due to the recent hike in MCLR by 30bp, analysts said
The company's consolidated net profit was Rs 62.84 crore ($7.5 million) for the quarter ended Sept. 30, down 14 per cent from a year ago
Triveni Turbine on Monday reported a 42 per cent on-year rise in consolidated profit after tax to Rs 91 crore in the September 2024 quarter, pushed by higher income. It posted a Profit After Tax (PAT) of Rs 64 crore in the July-September quarter of preceding 2023-24 financial year, the company said in a regulatory filing. Total income rose to Rs 520.7 crore from Rs 402.3 crore a year ago. In a statement, Dhruv M Sawhney, Chairman and Managing Director of Triveni Turbine, said: "We have reported another strong set of results across all key metrics of revenues, profitability and order booking." In Q2 FY25, order booking grew 25 per cent Year-on-Year (YoY) to Rs 5.72 billion driven by export order booking which increased 50 per cent YoY to Rs 3.04 billion. Key drivers of growth in product order booking were finalisation of orders by industrial customers for biomass-based process cogeneration along with API (American Petroleum Institute) turbines. Triveni Turbine is amongst the leadi
Asian Paints stock was trading at 3-year lows, and had given a downside breakout on the monthly chart for the first time since May 2018; shows technical charts.
The biscuit major's profit before interest, tax, and depreciation was down 10.6 per cent at Rs 825.9 crore
NIMs guidance of 2.9 per cent by March 2025
Ravi Viswanathan, managing director, TVS SCS, said that the Q2 results demonstrate our ability to sustain growth momentum in both revenue and profit amid ongoing macroeconomic challenges
Balrampur Chini Mills on Monday reported a 60 per cent drop in its consolidated net profit to Rs 67.17 crore in the September quarter of FY25, as lower income weighed on the company's performance. The Uttar Pradesh-based company's consolidated net profit stood at Rs 166.25 crore a year ago. Net income declined 17.35 per cent to Rs 1,362.83 crore while its total expenses fell 8.43 per cent to Rs 1,312.08 crore during the quarter, according to a regulatory filing. Balrampur Chini, one of the country's largest sugar producers, operates 10 manufacturing facilities across eastern and central Uttar Pradesh with a total daily cane crushing capacity of 80,000 tonnes.
The state-run agricultural chemicals maker reported a consolidated profit of Rs 12.07 crore ($1.4 million) for the quarter ended Sept. 30, compared to a loss of Rs 87.1 crore a year ago
The company, owned by the Aditya Birla Group, said its consolidated net profit jumped 78 per cent to Rs 3,909 crore ($463.3 million) for the three months ended Sept. 30
The company, which sells Jim Jam and NutriChoice biscuits, reported a consolidated net profit of Rs 531 crore ($62.95 million) for the three months ended Sept. 30
State-owned miner NMDC on Monday reported a 16.66 per cent rise in consolidated net profit to Rs 1,195.63 crore for the September 2024 quarter, helped by higher income. It had posted Rs 1,024.86 crore profit in the July-September period of 2023-24, the company said in an exchange filing. The company's total income surged 22 per cent to Rs 5,279.68 crore from Rs 4,335.02 crore in the year-ago quarter. The board has also approved the issuance of bonus shares in the ratio of 2:1. It further approved an increase in authorised share capital from Rs 400 crore to Rs 1,000 crore. NMDC, under the Ministry of Steel, is India's largest iron ore mining entity catering to around 20 per cent of the country's demand for the key steel-making raw material.
Shree Cement maintained its capital expenditure (capex) target to expand capacity to 80 million tonnes per annum
State-owned Hindustan Copper Ltd (HCL) on Monday reported a 67.4 per cent rise in consolidated net profit to Rs 101.67 crore for the quarter ended September 30, 2024, on the back of higher revenue from operations. The company had posted a consolidated net profit of Rs 60.70 crore in the year-ago period, HCL said in a filing to BSE. Revenue from operations of the company in the July-September period rose to Rs 518.19 crore from Rs 381.40 crore in the corresponding quarter of previous fiscal. Hindustan Copper Ltd (HCL) is under the administrative control of the mines ministry. It is engaged in mining of copper ore and owns all the operating mining lease of copper ore and is also the only integrated producer of refined copper (vertically integrated company).. The company has the facilities for production and marketing of copper concentrate, copper cathodes, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate and sulphuric ..