Page 47 - Q2 Results

Lupin Q2FY25 results: Net profit jumps 74% to Rs 853 cr on strong demand

Consolidated net profit of the company, which makes biosimilars and active pharmaceutical ingredients, rose to Rs 853 crore (about $101 million) for the quarter ended Sept. 30

NHPC Q2 results: Net profit falls 37%, revenue rises to Rs 3,402 cr

State-owned NHPC on Thursday reported a 37 per cent fall in consolidated net profit to Rs 1,069.28 crore in the September quarter compared to the year-ago period due to exceptional expenses. It had posted a Rs 1,693.26 crore net profit for the period ended September 2023, the company said in an exchange filing. The company's total income increased to Rs 3,402.09 crore from Rs 3,113.82 crore in the second quarter of 2023-24. Expenses increased to Rs 1,831.08 crore in the second quarter of FY25 from Rs 1,573.54 crore in the year-ago quarter. According to the company filing, NHPC paid interest on contractor claims settled under the Vivad se Vishwas Il, Scheme (Contractual Disputes) of the government during the quarter and half year ended September 30, 2024 amounting to Rs 203.12 crore and Rs 350.03 crore, respectively.

SAIL Q2 results: Net profit drops 31%, revenue down to Rs 24,842 cr

State-owned SAIL on Thursday reported a 31 per cent fall in consolidated net profit to Rs 897.15 crore in the September quarter, dragged by lower income. It had posted a Rs 1,305.59 crore net profit for the period ended September 2023, the company said in an exchange filing. The company's total income decreased to Rs 24,842.18 crore from Rs 29,858.19 crore in the second quarter of preceding 2023-24 financial year. Its expenses stood at Rs 23,824.07 crore as against Rs 27,768.60 crore in the year-ago quarter. In a separate statement, the company said its crude steel output fell marginally to 4.76 million tonnes (MT) from 4.76 MT in July-September last fiscal. Sales also decreased to 4.10 MT from 4.77 MT in the same quarter a year ago. SAIL Chairman Amarendu Prakash said, "We expect H2 FY25 to bring more promising results compared to H1 FY25, which was impacted by various challenges. Moving forward, with an expected downtrend in steel imports and projected growth in GDP and capital .

M&M Q2FY25 results: PAT up 35% at Rs 3,171 crore on strong auto sales

The company stated that its auto and farm divisions delivered strong operating results, with profits up 23 per cent, while the financial services assets under management grew by 20 per cent

Trent Q2FY25 results: PAT rises 44.3% to Rs 338.75 cr despite headwinds

Revenue from operations rose 39.4 per cent to Rs 4,156.67 crore in Q2 compared to the same period last year

NCC Q2 results: Net profit doubles to Rs 163 cr on higher order inflows

Revenue from operations rose 10.1% to 51.96 billion rupees. While total expenses rose 7.6% to 49.74 billion rupees, the cost of materials consumed, which forms more than a third of expenses, fell 1.2%

SBI stock hits 3-month high ahead of Q2 results; gains 10% in 2 weeks

Analysts believe SBI could sustain its outperformance (vs. private peers) in unsecured retail in the current environment, as delivered during the pandemic.

M&M Q2 results: Profit rises 13% to Rs 3,841 cr on higher SUV sales

(Reuters) -Indian automaker Mahindra & Mahindra reported a surprise rise in second-quarter profit on Thursday, helped by higher sales of its sport utility vehicles (SUV) and a recovery in tractor demand.

Brookfield India REIT Q2 FY25 Results: Adjusted NOI grows 40% YoY

The REIT also declared a distribution of Rs 4.60 per unit to its unitholders

JK Lakshmi Cement reports loss of Rs 19.24 cr in Q2, revenue down 2.2%

JK Lakshmi Cement has reported a consolidated net loss of Rs 19.24 crore for the second quarter ended September 30, 2024 on account of drop in sales realisation. The company had posted a profit of Rs 95.87 crore in the July-September period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKCL), a flagship company of JK Organization. Its revenue from operations was down 2.16 per cent at Rs 1,234.29 crore in the September quarter. It was at Rs 1,574.53 crore in the year-ago period. Total expenses of JKCL were at Rs 1,263.01 crore, down 1.27 per cent in the September quarter of FY25. JKCL's total income, which includes other income, was also down 2.17 per cent to Rs 1,242.67 crore. During the quarter, JKCL's sales volume declined 1.40 per cent to 18.66 lakh tonnes. "The profitability of the company for the quarter has been impacted due to a sharp drop in sales realisation in our primary markets," Chairperson & Managing Director Vinita Singhania said. The ..

Q2 results today: M&M, Lupin, NHPC, and RVNL among 166 to post earnings

Q2 results today, November 7: Trent, Abbott India, Aditya Birla Fashion and Retail, and more will release their Q2FY25 performance report

Tata Motors Q2 preview: Co's profit may surge up to 49%, Ebitda by 34% YoY

In the domestic segment, both commercial vehicles (CV) and passenger vehicles (PV) face pressures from lower volumes and rising discounts, particularly impacting the India business

Apollo Hospitals Q2 results: Net profit rises 63% to Rs 379 crore

AHEL's revenue from operations increased by 15 per cent in Q2 FY25 to Rs 5,589 crore, owing to improved performance across all segments

Divis Labs Q2 Preview: Net profit may jump 36%, revenue by 15 YoY%

Brokerages expect Divis Labs to report a robust quarter on a year-on-year basis and sequentially

Market today: Wall Street hits record as Trump wins, US Fed decision eyed

After cheering Trump's victory, focus will now shift to US Fed's policy decision. Meanwhile, September quarter results and macroeconomic data will also be eyed

Power Grid Corp Q2 results: Net profit almost flat at Rs 3,793 cr

State-owned Power Grid Corporation of India (PGCIL) on Wednesday said its consolidated net profit stood almost flat at Rs 3,793.02 crore in the July-September quarter of this financial year. The company had reported a consolidated net profit of Rs 3,781.42 crore in the quarter ended on September 30, 2023, the company said in a regulatory filing. Total income of the company rose to Rs 11,845.93 crore in the quarter under review from Rs 11,530.43 crore in the same period a year ago. The board also approved payment of first interim dividend of Rs 4.50 per equity share of Rs 10 each for the financial year 2024-25. The board also approved the proposal to sell, assign, transfer 26 per cent residual equity shareholding in four associate companies -- POWERGRID Kala Amb Transmission, POWERGRID Parli Transmission, POWERGRID Warora Transmission and POWERGRID Jabalpur Transmission to POWERGRID Infrastructure Investment Trust (PGInvIT).

Tata Steel Q2 results: Net profit at Rs 833.45 crore due to lower expenses

T V Narendran, chief executive officer and managing director of Tata Steel, said the global operating environment remains complex, with key regions experiencing subdued growth

TeamLease Services Q2FY25 results: PAT falls 10.12% to Rs 24.85 cr

Staffing company TeamLease Services on Wednesday reported a 10.12 per cent decline in consolidated net profit to Rs 24.85 crore for the quarter ending September 2024. The company's net profit stood at Rs 27.65 crore during the corresponding period of the previous financial year, TeamLease Services said in a regulatory filing. Its revenue from operations rose 23 per cent to Rs 2,796.83 crore in the quarter under review compared to Rs 2,272.60 crore a year ago. "We have crossed 3.5 lakh billable headcount in our employment cluster owing to strong growth across sectors. Profit expansion is the key focus area this year, and we are confident of maintaining strong double-digit growth in the sequential profits. "Our planned investments in Hiretech and Hrtech solutions, through organic and inorganic routes, will give us enhanced capabilities in the coming quarters," TeamLease Services Managing Director Ashok Reddy said. The company's shares on Wednesday closed at Rs 2,841.35, up 5.36 per

KP Energy Q2FY25 results: Net profit grows three-fold to Rs 24.93 cr

KP Energy on Wednesday reported a three-fold rise in consolidated net profit to Rs 24.93 crore on the back of higher income. It had posted Rs 8.18 crore net profit for the period ended September 2023, the company said in an exchange filing. Its total income jumped to Rs 201.99 crore from Rs 71.48 crore in the July-September period of the preceding 2023-24 fiscal. The company's expenses increased to Rs 169.15 crore against Rs 59.41 crore a year ago.

Novelis Q2FY25 results: PAT falls 18% to $128 mn, net sales at $4,295 mn

Novelis Inc, the US-based aluminium producer and subsidiary of Hindalco Industries, on Wednesday reported an 18 per cent decline in net income to USD 128 million in the September quarter of 2024-25. The US-based company, which deals in aluminium rolled products, had reported a net income of USD 157 million in the same period of the last financial year, the company said in a filing to BSE. "Net income attributable to our common shareholder decreased 18% versus the prior year to USD 128 million in the second quarter of fiscal year 2025," the filing said. Net sales for the second quarter rose by 4.5 per cent to USD 4,295 million over USD 4,107 million in the year-ago period, mainly driven by higher average aluminium prices and a one per cent rise in total flat rolled product shipments to 945 kilotonnes. "Our global footprint allowed us to achieve record beverage packaging shipments in the quarter and also mitigate the impact to customers from the flooding-related outage at Sierre," St