Company Results
Accenture beats estimates for Q1 revenue on rise in services demand
The company's new bookings rose to $18.7 billion for the first quarter from $18.4 billion a year earlier
 "Accenture beats estimates for Q1 revenue on rise in services demand")
Yum! Restaurants India FY24 results: Profit at Rs 162 cr, income up 13%
Total income of Yum! Restaurants (India) was up 13.4 per cent to Rs 832.05 crore for the financial year ended on March 31, 2024, helped by other income
 "Yum! Restaurants India FY24 results: Profit at Rs 162 cr, income up 13%")
Swiggy Q2 results: Loss narrows to Rs 626 cr, revenue up 30% at Rs 3,601 cr
Swiggy's overall Gross Order Value (GOV) grew 30 per cent year-on-year to reach Rs 11,306 crore, reported the company for the quarter and half-year ended September 30, 2024
 "Swiggy Q2 results: Loss narrows to Rs 626 cr, revenue up 30% at Rs 3,601 cr")
Swiggy Q2 results: Loss narrows to Rs 626 crore, revenue rises 30%
Its expenses grew 23 per cent as the company continued its quick commerce expansion
 "Swiggy Q2 results: Loss narrows to Rs 626 crore, revenue rises 30%")
'Corrupt Solar Project': Adani embroiled in US findings of bribery scheme
US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others in running an alleged bribery scheme
 "'Corrupt Solar Project': Adani embroiled in US findings of bribery scheme")
Siemens Sep quarter net profit jumps 45% to Rs 831 crore on higher income
New orders in the quarter, the company said, were up 37 per cent to Rs 6,164 crore from a year ago
 "Siemens Sep quarter net profit jumps 45% to Rs 831 crore on higher income")
Cars24's revenue from operations rises 25% to Rs 6,917 crore in FY24
Other key contributors included income from the financial services arm, service fees, parking charges, and the sale of value-added services such as insurance assistance and warranties
 "Cars24's revenue from operations rises 25% to Rs 6,917 crore in FY24")
L'Oral India FY24 results: Profit marginally down at Rs 487.46 cr
Its total income, which includes other income, was up 13.83 per cent to Rs 5,684.60 crore for the financial year ended March 31, 2024
 "L'Oral India FY24 results: Profit marginally down at Rs 487.46 cr")
ShareChat's adjusted Ebitda losses fall 67% to Rs 793 crore in FY24
The largest homegrown social media company reported a 33 per cent year-on-year growth in revenue, reaching Rs 718 crore, up from Rs 540 crore in FY23
 "ShareChat's adjusted Ebitda losses fall 67% to Rs 793 crore in FY24")
Udaan's online marketplace net loss narrows to Rs 666 crore in FY24
Hiveloop Technology recorded a loss of Rs 1,080 crore in the financial year (FY) 2023
 "Udaan's online marketplace net loss narrows to Rs 666 crore in FY24")
Apple India profit up 23% to Rs 2,746 cr in FY24, revenue at Rs 67,152 cr
The company posted a 36 per cent increase in total income to Rs 67,121.6 crore in FY24 from Rs 49,321.8 crore in FY23
 "Apple India profit up 23% to Rs 2,746 cr in FY24, revenue at Rs 67,152 cr")
ReNew Energy's Q2 net profit rises 31% to Rs 440 crore on higher income
ReNew's commissioned capacity has increased 21.8 per cent year-on-year to 10.1 GWs as of September 30, 2024. Subsequent to the end of the quarter, the company commissioned 250 MWs of solar capacity
 "ReNew Energy's Q2 net profit rises 31% to Rs 440 crore on higher income")
Waaree Energies Q2FY25 results: Net profit grows 17% to Rs 375.6 cr
Post its listing on October 28, this is the first quarterly result of Waaree Energies. It made its market debut at Rs 2,550, reflecting a jump of 69.66 per cent from the issue price price of Rs 1,503
 "Waaree Energies Q2FY25 results: Net profit grows 17% to Rs 375.6 cr")
Starlineups Enterprise Q2FY25 results: PAT jumps over 2-fold to Rs 3.25 cr
The Surat-based company posted more than two-fold rise in revenue to Rs 24.43 crore for the September quarter of FY25 compared to Rs 9.07 crore revenue in the year-ago period
 "Starlineups Enterprise Q2FY25 results: PAT jumps over 2-fold to Rs 3.25 cr")
MFIs, OMCs top Q2 miss list; PSBs, commodities surprise on upside
The study showed almost all microfinance institutions and companies in the oil refining & marketing space have missed estimates
 "MFIs, OMCs top Q2 miss list; PSBs, commodities surprise on upside")
Fusion Finance stays in red with Q2 net loss of Rs 305 cr; GNPA hits 9.4%
Its impairment for financial instruments, that is credit costs, shot up to Rs 694.05 crore in Q2Fy25 from Rs 76.2 crore in Q2FY24 and Rs 348.47 crore in Q1FY25
 "Fusion Finance stays in red with Q2 net loss of Rs 305 cr; GNPA hits 9.4%")
Happiest Minds Technologies Q2 results: Net profit falls 15% to Rs 49.52 cr
Revenue from operations during the quarter under review came in at Rs 521.64 crore, an increase of 28.2 per cent from Rs 406.62 crore in Q2 FY24
 "Happiest Minds Technologies Q2 results: Net profit falls 15% to Rs 49.52 cr")
E.I.D. Parry Q2 results: Net profit declines 24% to Rs 591.66 crore
Sugar manufacturer E.I.D. Parry India Ltd has recorded a consolidated profit after tax for the July-September 2024 quarter at Rs 591.66 crore, the company said.
 "E.I.D. Parry Q2 results: Net profit declines 24% to Rs 591.66 crore")
Jaypee Infratech posts Rs 88.2 cr profit in Q2; MD & CEO Aalok Dave resigns
Jaypee Infratech Ltd's Managing Director and Chief Executive Officer Aalok Champak Dave has resigned from the company citing personal reasons
 "Jaypee Infratech posts Rs 88.2 cr profit in Q2; MD & CEO Aalok Dave resigns")
Grasim Industries Q2FY25 results: Net profit falls 45.6% to Rs 1,100 crore
Its revenue from operations was up 11.05 per cent to Rs 33,562.85 crore during the quarter under review from Rs 30,220.68 crore a year earlier
 "Grasim Industries Q2FY25 results: Net profit falls 45.6% to Rs 1,100 crore")
