Page 92 - Q2 Results

Paytm Q2 results: Loss narrows as revenue jumps 32% on strong loan growth

Paytm, one of the country's first startups to go public, said revenue increased 32% to Rs 2,519 crore in the second quarter, from Rs 1,914 crore a year earlier

JSW Steel returns to black; reports Rs 2,773 cr net profit in July-Sept qtr

JSW Steel on Friday reported returning to black as it posted a consolidated net profit of Rs 2,773 crore for the July-September quarter on the back of higher income. The steelmaker had suffered a loss of Rs 915 crore in the second quarter of the last financial year. The total income increased to Rs 44,821 crore in the second quarter of the current fiscal as against Rs 41,966 crore a year ago, JSW Steel said in a regulatory filing. JSW Steel's expenses were lower at Rs 40,801 crore in the quarter under review against Rs 43,354 crore in the year-ago quarter. Part of O P Jindal Group, JSW Steel is a leading steel-producing company in India.

Glenmark Life Sciences Q2 results: PAT rises 11%, revenue up 16.9%

Generic API revenues increased by 19.7 percent this quarter due to growth in US, LATAM and Europe regulated markets

CSB Bank Q2FY24 result: Net profit rises 10.4% to Rs 133 crore

During the quarter under review, the bank's total income rose 39 per cent to Rs 835 crore from Rs 600 crore in the second quarter of FY23

Kajaria Ceramics Q2 results: Net profit rises 54.5% to Rs 108 crore

The company had in May projected revenue growth of 14-16% for this fiscal year

Sensex ends lower for third straight day, down 232 pts; ITC, HUL weigh

The NSE Nifty50 ended 82 points lower at 19,543; broader indices too finished with significant losses. Private banks, however, bucked the trend on Friday.

Hindustan Zinc Q2FY24 result: Consolidated profit drops 35% to Rs 1,729 cr

The revenue from operations for Q2FY24 came in at Rs 6,619 crore, compared to Rs 8,127 crore year-on-year

Glenmark Life Sciences posts Q2 results, profit up on back of API boost

The Mumbai-based drugmaker said its profit rose to Rs 113 crore ($14.3 million) for the quarter ended Sept. 30, from Rs 107 crore year earlier

Century Textiles Q2FY24 result: Net loss widens to Rs 32 crore QoQ

The consolidated net loss of Century Textiles for Q2FY24 stood at Rs 32.87 crore. On YoY basis, the net profit stood at Rs 69.97 crore. In Q1FY24, the net loss stood at Rs 7.06 crore

Mphasis Q2FY24 result: Consolidated profit at Rs 391 cr; revenue down 6%

The total income for Q2FY24 came in at Rs 3,325.5 crore, compared to Rs 3,563.2 crore year-on-year, registering a fall of 6.67 per cent

Stocks to Watch today: HUL, ITC, Zomato, Paytm, UltraTech, Dixon, MphasiS

Stocks to watch on Friday: Shares of ITC and Hindustan Unilever will react to Q2 results today; while the former posted 6 per cent growth in net, the latter's consolidated net was down on a YoY basis.

HUL Q2FY24 results: Net profit falls slightly, rural demand subdued

Gradual demand recovery to continue with tailwinds from festival season: CEO

UltraTech Q2FY24 results: Net profit up 69% to Rs 1,281 cr, beats estimates

Cement demand maintained its positive momentum during Q2FY24, UltraTech said in a press statement

ITC Q2 results: Net profit up 6% at Rs 4.8K cr, rural green shoots visible

Says public investment strong, consumption demand relatively subdued

Equitas Small Finance Bank Q2 results: Net profit up 70.18% at Rs 198.13 cr

Private sector Equitas Small Finance Bank Ltd has reported a 70.18 per cent jump in the net profit for the July-September quarter at Rs 198.13 crore. The bank had registered a net profit of Rs 116.42 crore during the corresponding quarter of last year. For the half year ending September 30, 2023 the net profit grew to Rs 389.33 crore from Rs 213.42 crore registered in the same period of last year. Total income during the quarter under review surged to Rs 1,540.36 crore, from Rs 1,147.39 crore registered during the corresponding quarter of last year. For the six month period ending September 30, 2023 the total income grew to Rs 2,965.69 crore, as against Rs 2,221.01 crore registered during the same period of last year. In a statement, the bank said it sustained credit growth with advances growing at 37 per cent year-on-year and 6 per cent quarter on quarter basis. Deposits grew by 42 per cent year-on-year and 11 per cent quarter on quarter to touch Rs 30,839 crore during the quarte

Wipro Q2: Analysts cut EPS est, price targets to factor more revenue slide

Wipro Q2 results review: The stock took a hit and fell up to 4 per cent intra-day as brokerages lowered earnings estimates and trimmed price targets

United Breweries Q2 results: Net profit falls 20% to Rs 107.17 cr

Beer maker United Breweries Ltd on Thursday reported a 20.09 per cent decline in consolidated net profit to Rs 107.17 crore for the second quarter ended September 30. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 134.12 crore in the July-September quarter a year ago, United Breweries Ltd (UBL) said in a regulatory filing. UBL's revenue from operations rose 14.13 per cent to Rs 4,192.86 crore during the quarter under review. It was Rs 3,673.51 crore in the corresponding period of FY23. "Gross profit margin on a year-to-date basis was lower as compared to the previous year (-287 bps) though with further improvements vs the previous quarter (+396 bps) driven by continued revenue management & cost initiatives," said an earning statement from UBL. Its total expenses stood at Rs 4,060.92 crore, up 15.79 per cent in the second quarter of FY24. In the September 2023 quarter, UBL's volume "increased 7 per cent predominantly", ...

Tata Coffee Q2 results: Net profit falls 151.14% to Rs 56.70 crore

Tata Group company Tata Coffee on Thursday reported a 151.14 per cent decline in consolidated net profit to Rs 56.70 crore for the second quarter ended September 30. The company's consolidated net profit stood at Rs 142.40 crore a year ago, Tata Coffee said in a regulatory filing. Its revenue from operations declined 3.10 per cent to Rs 695.95 crore during the quarter under review compared to Rs 718.26 crore in the year-ago period. Shares of the company on Thursday closed at Rs 258.65 apiece, down 0.48 per cent on BSE.

Tata Communications Q2 results: Net profit plunges 58% to Rs 221 crore

Tata Communications on Thursday reported a 58 per cent decline in its consolidated profit after tax to Rs 221.26 crore for the second quarter ended September 30. The company had posted a profit after tax of Rs 534.26 crore a year ago. Its consolidated income from operations grew by about 10 per cent to Rs 4872.5 crore during the reported quarter from Rs 4,430.74 crore in the September 2022 quarter. The company's data business revenue grew 14.4 per cent on a year-on-year basis to Rs 3,995 crore. "We are pleased to announce a robust 14 per cent year-on-year revenue growth this quarter. Overall, we remain confident of the long-term opportunities and will continue to invest in the product portfolio to strengthen our value proposition to enterprises," Tata Communications MD and CEO AS Lakshminarayanan said. The company during the quarter announced to accelerate the closure of the Kaleyra Inc transaction, which will enable it to create a new digital platform category - Customer Interact

Voltas Q2 results: Net profit at Rs 36 cr, income increases to Rs 2,364 cr

Air conditioner maker Voltas on Thursday reported a consolidated net profit of Rs 36 crore for the second quarter ended September 30. The company had reported a net loss of Rs 6 crore in the July-September period of the last fiscal. Its total income increased to Rs 2,364 crore for the second quarter against Rs 1,833 crore in the year-ago period, Voltas Ltd said in a regulatory filing. The company said its board has approved a proposal to raise up to Rs 500 crore through the issuance of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) on a private placement basis. The funds would be utilised for the capital expenditure for its new manufacturing plants at Chennai and Waghodia in Gujarat, it added. Shares of the company on Thursday ended 0.68 per cent up at Rs 839.30 apiece on the BSE.