Page 64 - Q2 Results

Jio Financial Services Q2 results: Net profit increases 3% to Rs 689 cr

Jio Financial Services Ltd on Friday reported a marginal 3 per cent rise net profit to Rs 689 crore in the second quarter ended September 2024. The company had earned a consolidated net profit at Rs 668 crore in the same quarter a year ago. Total income increased to Rs 694 crore as against Rs 608 crore in the same quarter a year ago, Jio Financial Services said in a regulatory filing. However, total expenses doubled to Rs 146 crore as against Rs 71 crore in the same period in the previous year. Jio Financial Services Ltd pursuant to the application made to the RBI seeking registration as Core Investment Company (CIC), has received necessary approval and certificate of registration on July 9, 2024 from the RBI and thereby it has become a Non-Deposit taking Systemically Important Core Investment Company (CIC-ND-SI) with effect from that date, it said. Jio Financial Services, carved out from Reliance Industries Ltd, is engaged in the business of investing and financing, insurance ...

Zee Entertainment Q2FY25 results: Net profit up 70% at Rs 209 crore

Revenue declines 18% due to 'muted advertising spending environment'

Hindustan Zinc in discussions with govt to split company: CEO Arun Misra

Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 34.5 per cent rise in consolidated net profit at Rs 2,327 crore for the quarter ended September 30, 2024, on the back of higher income. The company had posted net profit of Rs 1,729 crore in the year-ago period. The income of the company in the July-September period rose to Rs 8,522 crore from Rs 7,014 crore in the corresponding quarter of the previous fiscal, HZL said in a filing to BSE. The company earned a revenue of Rs 6,403 crore in the second quarter from the zinc, lead and other segments, and Rs 1,550 crore from silver vertical. The board in its meeting held on Friday approved the investment of Rs 327 crore for minimum 26 per cent equity stake in Serentica Renewable India Private Ltd (SRIPL) or its affiliates. SRIPL was incorporated for the implementation of renewable energy power projects in order to cater to the long-term power requirement of HZL under a power delivery agreement. SRIPL or its affiliates will

Jindal SAW Q2FY25 results: Net profit rises 32.5% to Rs 500 crore

The company's quarterly raw materials expenses dropped 14.4% from a year ago

Tata Consumer Products Q2 profit flat at Rs 367.21 cr, revenue up 12.8%

Tata Consumer Products Ltd (TCPL) on Friday reported a marginal increase in its consolidated net profit to Rs 367.21 crore in the second quarter ended on September 2024. The company had posted a consolidated net profit of Rs 363.92 crore in the July-September quarter a year ago, according to a regulatory filing from TCPL. Its revenue from operations rose 12.87 per cent to Rs 4,214.45 crore during the quarter under review. It was at Rs 3,733.78 crore in the year-ago period. Total expenses of the TCPL, earlier known as Tata Global Beverages Limited (TGBL), stood at Rs 3,836.18 crore, up 15.61 per cent in the September quarter. In the September quarter, TCPL's overall branded business was up 12.44 per cent to Rs 3,771.2 crore. It was at Rs 3,353.81 crore in the corresponding quarter last fiscal. TCPL's branded businesses include tea, coffee, water and other various value-added businesses. Its revenue from the branded business in India was up 10.44 per cent to Rs 2,655.19 crore in th

Zee Entertainment Q2 results: Net profit rises 70% to Rs 209 crore

It had a net profit of Rs 123 crore in the July-September quarter a year ago, according to a regulatory filing from Zee Entertainment Enterprise Ltd (ZEEL).

Geojit Financial Services Q2 results: PAT jumps 53% to Rs 57.42 cr

Geojit Financial Services Ltd on Friday reported a 53 per cent year-on-year jump in profit after tax to Rs 57.42 crore in three months ended September 2024. In comparison, the company had posted a profit after tax (PAT) of Rs 37.48 crore in the year-ago period. On a quarter-on-quarter (QoQ) basis, its PAT rose by 25 per cent, Geojit Financial Services said in a statement. Revenue increased by 50 per cent to Rs 218.55 crore in the July-September quarter of FY25 from Rs 145.51 crore a year ago. On a QoQ basis, it grew by 21 per cent.

Best Agrolife Q2 results: Net profit flat at Rs 95 cr, income at Rs 747 cr

Agrochemicals firm Best Agrolife Ltd on Friday reported a flat consolidated net profit of Rs 94.65 crore for the quarter ended September 2024. Its net profit stood at Rs 94.86 crore in the year-ago period. The total income declined to Rs 747.61 crore in the second quarter of this fiscal from Rs 808.35 crore in the corresponding period of the preceding year, the company said in a regulatory filing. Vimal Kumar, Managing Director, Best Agrolife Ltd, said, "Best Agrolife has delivered a strong performance in Q2 FY25, capitalising on favourable market conditions and executing our strategic shift toward branded soles". "Our commitment to enhancing brand visibility and expanding our market presence has yielded positive results, contributing significantly to both top-line and bottom-line growth," he added.

LTIMindtree shares crash 6.5% after Q2 results; Should you buy, sell, hold?

LTIMindtree share price news: he drop in LTIMIndtree shares came after the information technology (IT) company's management gave a cautious commentary for growth in Q3 FY25

Earnings disappointment a catalyst for market correction: Analysts

The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls

Infosys share price slips 4.5% despite raising FY25 guidance; here's why

The IT major's net profit soared 2.2 per cent quarter-on-quarter (Q-o-Q) to Rs 6,506 crore in the September quarter of FY25, from Rs 6,368 crore in the June quarter of FY25 (Q1FY25).

Wipro shares gain 5% as Q2 results beat expectations; brokerages divided

In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25.

Market Today: GIFT Nifty sinks, Q2 results, Sinwar killed, Gold tops $2,700

At 6:30 AM, GIFT Nifty Futures were trading about 103 points lower at 24,741, suggesting a gap-down start for Indian markets.

Infosys raises FY25 revenue forecast on BFSI boost; Q2 net profit up 4.7%

Ups growth projection to 3.75-4.5%

LTIMindtree Q2FY25 results: Profit up 7.7% on rising deal momentum

The growth driver for the company in terms of geography was the US, which grew 7 per cent Y-o-Y and 2.6 per cent sequentially. Europe was down 1.9 per cent Y-o-Y but grew 2.2 per cent sequentially

Axis Bank Q2FY25 results: Net profit increases 18% to Rs 6,918 crore

Net interest margin drops slightly to 3.99 per cent compared to 4.05 per cent in the previous quarter, and 4.11 per cent in Q2FY24

Bajaj Auto shares hit by mixed Q2 results, weak festive season outlook

Stock slumps over 13% on weak Q2 results, subdued festive demand outlook

Wipro Q2FY25 results: Net profit rises 21% to Rs 3,201 cr, revenue down 1%

Revenue for the March quarter was marginally down by 1 per cent from the year-ago period to Rs 22,300 crore

CEAT Q2FY25 results: Profit skids 41.4% to Rs 121.8 cr, revenue up 8.2%

CEAT took selective price increases during the quarter that offset part of the cost impact caused by higher rubber prices. The company remains optimistic for Q3

Polycab India Q2 results: PAT up 3.4% at Rs 440 cr, misses expectations

Revenue from operations rose 30.4% to Rs 5,498 crore, beating analysts' estimate of Rs 4,956 crore