Page 43 - Q2 Results

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

Zydus Lifesciences net profit up 14% on strong India, US formulations biz

The growth is attributed to strong performances across domestic and international formulations, and double-digit growth in the consumer wellness business

Bosch Q2FY25 results: PAT falls 46% to Rs 536 cr, revenue at Rs 4,394 cr

Auto components firm Bosch on Tuesday said its consolidated net profit declined 46 per cent on-year to Rs 536 crore in the September 2024 quarter. The company reported a net profit of Rs 1,000 crore in the July-September quarter of last fiscal. Revenue from operations increased to Rs 4,394 crore in the second quarter as compared with Rs 4,130 crore in the year-ago period, Bosch Ltd said in a regulatory filing. "Despite unpredictable rainfall and several macroeconomic factors affecting the automotive industry's overall performance this quarter, we showcased our capacity to adapt to changing market demands and provide high-quality solutions that align with our customers' needs," Bosch Ltd Managing Director Guruprasad Mudlapur said. The company anticipates sustained demand across segments driven by the festive period in the next quarter, he added. Coupled with investments in advanced technologies and a strong commitment to localisation, the company will continue to deepen its efforts

Samvardhana Motherson Q2FY25 results: Net profit rises 4-fold to Rs 880 cr

Indian automakers reported a decline in shipments to dealers for the first time in more than two years during the July-September quarter, to help manage the excess inventory

NMDC Steel Q2 results: Loss widens to Rs 595 cr, income at Rs 1,535.46 cr

NMDC Steel on Tuesday said its loss had widened to Rs 595.37 crore in September quarter, on account of a surge in expenses. It had posted a loss of Rs 131.10 crore in the year-ago period, the company said in an exchange filing. The company's total income increased to Rs 1,535.46 crore from Rs 290.27 crore a year earlier. However, NMDC Steel's expenses rose to Rs 2,364.39 crore in the second quarter of the ongoing fiscal year from Rs 464.93 crore a year ago. NMDC Steel Ltd, an entity demerged and formed from mining firm NMDC, owns and operates the 3 million-tonne Nagar Steel Plant at Nagarnar in Chhattisgarh. Nagarnar plant is referred to as India's youngest steel unit set up with an investment of about Rs 23,000 crore. NMDC Steel started commercial operations at the unit from August 31, 2023.