The Indian economy grew 6.7 per cent in the April-June quarter and 5.4 per cent in the July-September period of FY2024-25
Demand and margins set for slow rebuild, helping valuations cement stronger base
Swiggy's consolidated net loss marginally narrowed in the second quarter of financial year 2025 (Q2FY25) to Rs 625.5 crore from Rs 657 crore a year ago
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
Long-term steel demand buoyancy augurs well for the company and it is well-positioned to capitalise on the existing and emerging opportunities in the market, believes the management.
In Q2 the company delivered impressive 31.8% YoY revenue growth, of which 23.0% was organic, driven primarily by volume, with contributions coming from both its existing and newly launched centres.
Torrent Power shares slipped 5 per cent to Rs 1,507 and were trading at the lowest level since July 25, 2024.
The stock hit a new low even as the company denied allegations claimed by AICPDF around the company's practices with its distributors and distribution transition.
Britannia Industries shares slipped 3 per cent in trade and registered an intraday low of Rs 4,748.15 per share
The near-term positive for the company is the performance of its unitary cooling products or UCPs in Q2. It expects similar growth in the coming quarters
Four of the 10 largest sectors - oil & gas, automotive, power, and FMCG - saw year-on-year profit declines, while six sectors posted double-digit earnings growth
Meanwhile, according to a note by JM Financial, 66 per cent companies under their coverage saw earnings per share (EPS) cuts for FY25
The company's profit after tax rose 17 per cent YoY at Rs 376 crore on account of other income.
The sharp selloff was triggered after Honasa posted its first quarterly loss since listing in Nov. 2023 late on Thursday
Analysts attribute BFSI companies' rising share in corporate revenues and profits to this sector's consistent double-digit growth, unlike other sectors of the economy
Waaree Energies on Monday reported a 17 per cent rise in consolidated net profit at Rs 375.6 crore in the July-September quarter, helped by higher income. It had posted Rs 320.1 crore profit for the July-September period of the preceding 2023-24 fiscal, the company said in a regulatory filing. 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. The company's total income rose to Rs 3,663.4 crore in the quarter under review, from Rs 3,558.5 crore in the second quarter of the last financial year. Its expenses during the quarter were at Rs 3,164.6 crore, as against Rs 3,123.9 crore in the year-ago period. The board also approved an investment of up to Rs 600 crore in its wholly-owned subsidiaries for setting up and development of the infrastructure (including land and connectivity) for the purpose of developing renewable power projects a
In Q2FY25, the company's EBITDA decreased 58% YoY at Rs 34.4 crore; margin contracted to 9.7 per cent from 21.6 per cent in Q2FY24, impacted due to onetime expenses incurred during the quarter.
The fall in the share price of Ahluwalia Contracts (India) came after the company posted a weak set of results in the September quarter of financial year 2025 (Q2FY25)
The company posted a standalone net profit of Rs 123 crore as compared to Rs 147 crore a year ago. This implies a decline of 17 per cent Y-o-Y
The surge in Hero MotoCorp share price came on the back of September quarter results, which met Street expectations