Page 89 - Q2 Results

J&K Bank Q2FY24 result: Net profit jumps 56% to Rs 381 cr; GNPA down 25%

The net NPA for Q2FY24 came in at Rs 917.36 crore, as compared to Rs 1,566.77 crore year-on-year

Embassy REIT Q2 results: Revenue from operation up 4% to Rs 889 cr

Embassy Office Parks REIT on Thursday reported 4 per cent annual growth in revenue from operations at Rs 889 crore for the second quarter of this fiscal year and declared distribution of Rs 524 crore to unitholders. Revenue from operations stood at Rs 857.12 crore in the year-ago period, according to a regulatory filing. The board of Embassy Office Parks Management Services Pvt Ltd, Manager to Embassy REIT, declared distribution of Rs 524 crore or Rs 5.53 per unit for the second quarter (July-September) of this fiscal year. Aravind Maiya, Chief Executive Officer of Embassy REIT, said, the company reported a record quarter of leasing of 2 million square feet. "For the first half of FY2024, we have successfully leased 3.1 million square feet, and the outlook for the full year looks promising, bolstered by a record leasing pipeline of 2.5 million square feet," he said. Maiya said the company has revised leasing guidance of 6.5 million square feet this fiscal year from the earlier ...

Sensex plunges 901 pts, Nifty nears 18,850 as sell-off enters 6th day

Closing Bell on October 26, 2023: In the broader market, the BSE MidCap index shed 0.94 per cent, and the BSE SmallCap index fell 0.19 per cent

Cipla Q2 net profit seen rising 25% YoY; US sales may drop QoQ to $215 mn

Cipla Q2FY24 result preview: On a sequential basis (QoQ), Cipla's net profit is seen declining 1.1 per cent, while revenue may grow 2.2 per cent

Asian Paints Q2 result: Consolidated profit jumps 53% YoY to Rs 1,232 cr

The company announced an interim dividend of Rs 5.15 per share

PNB Q2 results: Net profit surges 327% to Rs 1,756 cr, gross NPAs at 6.9%

PNB Q2 results: The bank's gross non-performing assets (NPAs) fell to 6.96% as of September 30, as compared to 7.73% in the previous quarter

Maruti Q2 preview: Focus on SUVs, lower costs to aid margins, say analysts

Maruti Suzuki India Q2 preview: At the bottomline level, analysts expect the company's standalone net profit to rise up to 66 per cent year-on-year

Sona Comstar surges 5% on strong Q2 operational performance

The company's consolidated Ebitda grew 35% YoY at Rs 223 crore; margins improved 300 bps YoY at 28.4%, largely due to the positive impact of product mix.

Tech Mahindra Q2FY24 result: Net profit falls 61% YoY to Rs 505 crore

The consolidated revenue from operations for Q2FY24 came in at Rs 12.86 crore, compared to Rs 13.12 crore year-on-year

Jubilant Foodworks Q2FY24 result: Net profit at Rs 97 cr YoY; revenue up 5%

The revenue from operations for Q2FY24 came in at Rs 1,368.6 crore, compared to Rs 1,301.5 crore year-on-year

Axis Bank net profit up 10% to Rs 5,864 crore, asset quality improves

The net interest income (NII), the difference between interest earned and interest expended, grew by 18.86 per cent to Rs 12314.6 crore in Q2FY24 as against Rs 10360.3 crore for Q2FY23

Indus Towers Q2 results: Net profit increases 49% to Rs 1,295 cr

Telecom infrastructure company Indus Towers on Wednesday posted a 49 per cent increase in consolidated net profit to Rs 1,295 crore in the September quarter. The company had posted net profit of Rs 872 crore in the year-ago period. The consolidated revenue of Indus Towers declined 10 per cent to Rs 7,133 crore during the second quarter of the current fiscal from Rs 7,967 crore a year ago. "The revenue for second quarter included... Rs 1,076 crore from deferred recognition of revenues arising from the settlement of old dues with customers. The quarter also had an impact of Rs 1,771 crore due to provision for doubtful debt," the company said in a statement. "The quarter marked Indus Towers reaching a milestone of 200,000 macro towers, reaffirming its leadership position. We are also proud to have delivered another quarter of our highest tower additions, which translated into a steady financial performance," Indus Towers Managing Director and CEO Prachur Sah said. The company reporte

CMS Info System Q2 net profit up 16%, managed ATM services income grows 26%

CMS Info System Ltd stock closed two per cent higher at Rs 368.75 per share on BSE

Sona BLW Precision Forgings Q2 results: Net profit rises 34% to Rs 124 cr

Revenue during the second quarter of the current fiscal increased 20 per cent to Rs 791 crore compared to Rs 657 crore in the July-September period of the previous fiscal, the company said

Gulf Oil Lubricants India PAT grows 41% to Rs 73.63 cr in Sept quarter

Lubes maker Gulf Oil Lubricants India on Wednesday said its profit after tax grew 41.22 per cent year-on-year to Rs 73.63 crore in the September quarter. The company had booked a Profit After Tax (PAT) of Rs 52.14 crore in the second quarter of fiscal 2022-23. The top line increased 12 per cent to Rs 802 crore in the reporting quarter as against Rs 719.50 crore in Q2FY23, it said. The quarter witnessed a good all-round performance on volume, revenue, margin and profit fronts with continued robust double-digit revenue growth and further sequential improvement in margins leading to the first time crossing the Rs 100 crore EBITDA mark in a single quarter, Gulf Oil said. In a seasonally subdued quarter due to monsoon, OEM Franchise Workshops (FWS), B2B and infra segments clocked double-digit volume growth while retail volumes also showed better growth with agri and motorcycle products coming back stronger, it said. The quarter witnessed reasonably stable input cost, which helped garne

Torrent Pharma Q2 net profit rises 24% to Rs 386 cr on strong demand

Consolidated net profit was Rs 386 crore for the quarter ended Sept. 30, compared with Rs 312 crore a year earlier

Rallis India Q2 results: PAT up 13.88% to Rs 82 crore, revenue down 12.51%

Tata group firm Rallis India on Wednesday reported a 13.88 per cent growth in profit after tax (PAT) for the quarter ending September 30 to Rs 82 crore compared to the same period of the previous financial year. The company posted a PAT of Rs 72 crore for the corresponding period of the previous fiscal, Rallis India said in a regulatory filing. However, revenue from operations of the company declined by 12.51 per cent during the quarter under review at Rs 832 crore compared to Rs 951 crore in the same period of the previous year. Our revenue has been affected by weak export demand, falling prices and erratic rainfall in the domestic market. "Although our revenue for the second quarter of FY24 was lower at Rs 832 crores compared to Rs 951 crores of the same period of the previous year, margins have improved through better product mix and cost optimisation activities across businesses," Rallis India Managing Director and CEO Sanjiv Lal said. He said the company's crop care revenue w

Axis Bank Q2FY24 result: Net profit up 10% at Rs 5,864 crore, NII up 19%

Axis Bank's gross non-performing assets (NPAs) stood at 1.73% as compared to 1.96% in the previous quarter

PayMate India achieves TPV of Rs 84,519 cr, 8 fold increase in FY23 profit

"During the last financial year, we focused on operational efficiency and driving growth," said Ajay Adiseshan, founder and CEO of PayMate

Network18 Media Q2 results: Net loss at Rs 111 cr, revenue up 20%

Network18 Media & Investments Ltd on Wednesday reported a consolidated net loss of Rs 111.17 crore for the second quarter ended September 30. The company's investments in sports and digital platforms, which are new growth verticals for the company, led to the widening of its loss. It had posted a loss of Rs 28.84 crore during the July-September period a year ago, according to a regulatory filing. However, the company's consolidated revenue from operations rose 20.44 per cent to Rs 1,865.50 crore in the second quarter of the current fiscal. The same stood at Rs 1,548.89 crore in the year-ago period. In an earnings statement, Network18 Media said its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) declined due to investments made in growth verticals -- sports and digital. "Consolidated revenue for the quarter grew 20 per cent y-o-y to Rs 1,866 crore, driven by the performance of News business, Movie Studio and Sports vertical," it said. During the quarter,