Page 58 - Q2 Results

HPCL Q2 results: Net profit slumps 98% on fall in refining, fuel margin

State-owned Hindustan Petroleum Corporation Ltd (BPCL) on Friday reported a massive 97.5 per cent drop in net profit in the September quarter, as refinery margins fell and marketing margins shrunk. HPCL reported a consolidated net profit of Rs 142.67 crore in July-September -- the second quarter of the current 2024-25 fiscal year -- compared to a profit of Rs 5,826.96 crore a year back, according to a stock exchange filing by the company. Net profit also declined sequentially, when compared to an earning of Rs 633.94 crore in the April-June period. Pre-tax earnings from downstream fuel retailing businesses slumped to Rs 1,285.96 crore from Rs 6,984.60 crore in July-September 2023. The company and other state-owned fuel retailers -- Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (HPCL) -- had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost. The price freeze was justified in the name of recovering losses BPCL and the

Tech charts suggests IndusInd Bank could dip another 22% hereon

IndusInd Bank on Friday logged its biggest intra-day fall since March 2020; technically the stock has given a fresh downside breakout on multiple time-frames.

DCB Bank share zooms 10% after Q2FY25 profit climbs over 22% YoY

The surge in DCB Bank share price came after the lender reported a strong set of quarterly results (Q2FY25) on Thursday, October 24, 2024.

Q2 results today: Indigo and Macrotech among 148 to post earnings on Oct 25

Q2FY25 company results: Bharat Petroleum, Hindustan Petroleum, Bharat Electronics, and Zee Media are among 148 companies to release their quarter earnings report on October 25

Sun Pharma Q2 Preview: Profit may rise by 19%, R&D spends to impact margins

Analysts expect Sun Pharma to register double digit growth in the topline and bottomline driven by specialty sales

Market Today: Afcons Infra IPO opens today, IndiGo Q2, Gold at record, FIIs

The GIFT Nifty indicated a flat start, with an uptick of 12 points at 6:35 AM, trading at 24,464.5

ACC Q2 results: PAT falls to Rs 200 cr, revenue at Rs 4,613.52 cr

Cement maker ACC Ltd on Thursday reported a consolidated profit after tax of Rs 199.7 crore for the second quarter ended September 30, 2024. The company had logged a profit after tax (PAT) of Rs 387.88 crore in the corresponding period last fiscal, ACC Ltd said in a regulatory filing. Revenue from operations in the second quarter stood at Rs 4,613.52 crore as compared to Rs 4,434.73 crore in the year-ago period, it added. ACC said its Q2 revenue is the highest over the last five years driven by higher trade sales volume and premium product as percentage of trade sales. Total expenses were higher at Rs 4,452.73 crore as compared to Rs 4,127.11 crore. The results for the quarter and half year ended September 30, 2024 are not comparable with the year-ago periods as these include consolidated financial results of Asian Concretes and Cements Pvt Ltd (ACCPL), which ACC Ltd took control of on January 8, 2024, the filing said. ACC had acquired the remaining 55 per cent of the voting sha

Patanjali Foods Q2 results: Net profit increases 21% to Rs 309 cr

The Ruchi Gold oil maker's profit rose to Rs 309 crore (about $37 million) for the three months ended Sept. 30, from Rs 255 crore a year earlier

Oyo Q2 results: Net profit at Rs 158 cr, revenue surges to Rs 1,578 cr

Travel tech platform OYO achieved a profit after tax of Rs 158 crore in the second quarter of the current fiscal ended September, Founder Ritesh Agarwal told employees in a townhall on Thursday, sources said. Oravel Stays Ltd, the parent company of OYO, had posted a loss of Rs 50 crore in the same period of the previous year. During the first quarter, OYO's profit after tax stood at Rs 132 crore. This brings the company's H1 FY25 net profit to Rs 290 crore (USD 35 million), marking a turnaround from the Rs 91 crore net loss reported in the same period of the previous fiscal, the sources said. In Q2 FY25, OYO's revenue surged to Rs 1,578 crore, from Rs 1,413 crore in Q1. OYO recently announced its acquisition of G6 Hospitality, a US-based economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands, from Blackstone.

ITC Q2FY25: Net profit up 1.9% at Rs 4,992.87 cr, revenue rises 15.6%

Revenue rises 16% in Q2FY25; cigarette segment records 6.6% Y-o-Y growth in revenue

Cut in FY25 estimates likely to keep SBI Life stock under pressure

In Q2FY25, net profit grew 39 per cent Y-o-Y to Rs 530 crore and for H1FY25, it grew 38 per cent Y-o-Y to Rs 1,050 crore. The ULIP share in total APE increased to 65 per cent in Q2FY25

IndusInd Bank Q2 results: Net profit falls 39.5% to Rs 1,331.29 crore

The bank's net interest income (NII) rose by 5 per cent Y-o-Y to Rs 5,347 crore, while the net interest margin (NIM) moderated to 4.08 per cent, down from 4.29 per cent last year

NTPC Q2 results: PAT grows 14% to Rs 5,380 cr, income at Rs 45,197 cr

State-owned power giant NTPC Limited on Thursday posted about 14 per cent rise in consolidated net profit to Rs 5,380.25 crore for the September quarter. Its net profit in the year-ago period stood at Rs 4,726.40 crore, a BSE filing said. The total income, however, fell to Rs 45,197.77 crore in the quarter from Rs 45,384.64 crore a year ago. The average tariff of the company was Rs 4.67 per unit during the April-September quarter this fiscal compared to Rs 4.61 per unit in the year-ago period. The Board of Directors also approved the first interim dividend of Rs 2.50 on the face value of paid-up equity shares of Rs 10 each for the financial year 2024-25. The date of payment/dispatch of the dividend will be 18 November 2024. The gross electricity generation of NTPC decreased to 88.46 billion units (BU) during the second quarter from 90.30 BU a year ago. Its coal output from captive mines increased to 9.03 MMT in the quarter from 5.59 MMT in the year-ago period. The production als

ITC Q2 results: Net profit rises 1.8% to Rs 5,054.43 cr; revenue up 15.6%

Diversified entity ITC Ltd on Thursday reported an 1.8 per cent increase in consolidated net profit to Rs 5,054.43 crore for the second quarter ended September 2024. The company had posted a consolidated net profit of Rs 4,964.52 crore in the year-ago period, according to a regulatory filing from ITC. ITC's revenue from operations jumped 15.62 per cent to Rs 22,281.89 crore in the September quarter. It was Rs 19,270.02 crore in the corresponding quarter of the previous fiscal. The total expenses were 20.92 per cent higher in the September quarter to Rs 16,056.86 crore. ITC's revenue from operations grew 15.62 per cent to Rs 22,281.89 crore in the second quarter of FY25. The total income of ITC, which includes other income, rose 14.86 per cent to Rs 22,897.85 crore. It was Rs 19,934.9 crore a year ago. Shares of ITC Ltd on Thursday settled at Rs 471.85 per scrip on BSE, down 1.81 per cent from its previous close.

RR Kabel Q2 results: PAT falls 33% to Rs 49.53 cr, revenue at Rs 1,810 cr

Revenue jumped 12.5 per cent to Rs 1,810 crore, while expenses grew to Rs 1,757 crore from Rs 1,520 crore, as raw material cost rose around 7 per cent

JSW Energy Q2 FY25 results: Net profit flat at Rs 853 cr, revenue falls 1%

Net generation, JSW Energy said, increased 14 per cent from a year ago to 9.8 billion units, driven by wind capacity additions and higher generation at thermal and hydro plants

Strides Pharma Q2 results: Net profit at Rs 93.7 cr, revenue up 20%

US revenue hitting quarterly high, sustained growth across markets among reasons

Mahanagar Gas Q2FY25 results: Net profit falls 16.5% to Rs 283 cr

State-backed natural gas distributor's profit after tax fell to Rs 283 crore (about $34 million) in the quarter ended Sept. 30 from Rs 339 crore a year earlier, the company said in an exchange filing

Radico Khaitan Q2FY25 results: Net profit rises 24.4% to Rs 80 cr

Liquor maker Radico Khaitan on Thursday reported a 24.41 per cent rise in its consolidated net profit to Rs 80.66 crore for the second quarter ended September 2024, led by growth from its premium segment. The company had posted a consolidated net profit of Rs 64.83 crore a year ago, according to a BSE filing from Radico Khaitan. Its revenue from operations rose 9.45 per cent to Rs 3,906.58 crore during the quarter under review. It was Rs 3,569.06 crore in the corresponding quarter of the previous fiscal. Radico Khaitan's total expenses increased 8.93 per cent to Rs 3,797.92 crore in the September quarter. "Gross Margin was impacted y-o-y basis due to significant foodgrain inflation offset by premiumisation in the IMFL business. Gross margin improved 258 bps on q-o-q basis due to the ongoing premiumisation, and a stable raw material and packaging material scenario," said Radico Khaitan in its earning statement. The total income, which includes other income in the September quarter

Castrol India Q2FY25 results: Net profit increases 6.7% to Rs 207 cr

The company, in which oil major BP has a 51 per cent stake, said profit after taxes rose to Rs 207 crore ($24.6 million) in the July-September quarter, from Rs 194 crore a year ago