Page 3 - Q2 Results

Mamaearth parent Honasa Consumer slips into red in Q2, revenue down 7%

The decline was attributed to the company's ongoing transition to a D2C model under "Project Neev", which has necessitated an inventory correction of Rs 63 crore

Muthoot Finance Q2FY25 results: Net profit jumps 26% to Rs 1,251 crore

Muthoot Finance on Thursday reported over 26 per cent jump in net profit at Rs 1,251.1 crore in the second quarter ended September 2024. The company had a net profit of Rs 991 crore in the second quarter of 2023-24 fiscal. Muthoot Finance's total revenue from operation rose to Rs 4,117.4 crore during the latest July-September quarter from Rs 3,059.67 crore in the corresponding period a year ago. In a regulatory filing, Muthoot Finance said its board has approved additional equity infusion of Rs 500 crore in its wholly-owned subsidiary Muthoot Money Ltd. Shares of Muthoot Finance closed at Rs 1,800, up 1.53 per cent over previous close on the BSE.

Crompton Greaves Q2FY25 results: Net profit rises 27% to Rs 128 crore

Crompton Greaves Consumer Electricals Ltd on Thursday reported an increase of 26.9 per cent in its consolidated net profit to Rs 128.07 crore in the second quarter ended in September 2024. The company had posted a net profit of Rs 100.87 crore in the July-September quarter a year ago, according to a regulatory filing from Crompton Greaves Consumer Electricals Ltd (CGCEL). However, its revenue from operations rose by 6.4 per cent to Rs 1,896.01 crore in the quarter under review, from Rs 1,782.27 crore in the same period last year. CGCEL's total expenses rose to Rs 1,742.79 crore in the September quarter of FY25, registering an increase of 4.9 per cent. The total consolidated income of CGCEL stood at Rs 1,913.53 crore in the September quarter, up 6.47 per cent. In the September quarter, CGCEL's revenue from the electric consumer durables segment was up 12.5 per cent to Rs 1,392.7 crore. Similarly, revenue from its lighting products business was up 6 per cent to Rs 253.13 crore. Ho

Bharat Forge Q2FY25 results: Net profit rises 13% to Rs 243 crore

Auto component firm Bharat Forge on Thursday said its consolidated net profit increased 13 per cent year-on-year to Rs 243 crore for the second quarter ended September 30, 2024. The company had reported a net profit of Rs 215 crore in the July-September quarter of last fiscal. Revenue from operations rose to Rs 3,688 crore as against Rs 3,774 crore in the year-ago period, Bharat Forge said in a regulatory filing. Shares of the company were trading 1.03 per cent up at Rs 1,335.10 apiece on BSE.

HAL Q2FY25 results: Net profit jumps 22.1% on defence aircraft demand

HAL had secured an engine manufacturing contract worth 260 billion rupees for the Indian Air Force during the reported quarter

Zaggle Prepaid share up 5% on posting 145% rise in Q2 profit, rev up 64%

Zaggle's consolidated profit rose 145 per cent to Rs 18.56 crore as compared to Rs 7.59 crore a year ago

Q2 results today: Hero MotoCorp, HAL, Glenmark among 1,181 to post earnings

Q2 results today, November 14: Lemon Tree Hotels, Bharat Forge, Grasim Industries, Muthoot Finance, and Medanta to post Q2FY25 earnings on Thursday

Market Today: Hero MotoCorp Q2; WPI; US inflation; & Niva Bupa IPO listing

In the previous session, both Sensex and Nifty extended their losing streak, each closing over 1 per cent lower. The BSE Sensex ended at 77,690.95, while the Nifty settled at 23,559.05

Brigade Enterprises Q2FY25 results: Reports 46% increase in sales value

The company's revenue, however, declined by 19 per cent on an annual basis

Dilip Buildcon Q2 results: Net profit rises threefold to Rs 235 crore

However, the company reported a decline in its revenue from operations

Zaggle Q2FY25 results: Net profit jumps to Rs 20 cr, revenue at Rs 302.5 cr

SaaS fintech platform Zaggle Prepaid Ocean Services on Wednesday posted a three-fold increase in consolidated net profit to Rs 20.3 crore for the September quarter. It had reported a net profit of Rs 7.62 crore in the year-ago period, the company said in a regulatory filing. The revenue from operations for the quarter under review was Rs 302.5 crore, 64.22 per cent higher than Rs 184.2 crore a year earlier, it said. "As part of our growth strategy, we are actively seeking strategic alliances and inorganic growth opportunities. We are strongly focusing on M&As with a combined strategy of small tuck-ins and larger investment opportunities, in the SaaS Fintech sector, including areas like NBFC, Payments, etc. "In line with our growth plans, we have taken approval from the board of directors for a fundraise of up to Rs 9,500 million (Rs 950 crore) subject to shareholders' approval," Raj P Narayanam, Founder and Executive Chairman, Zaggle Prepaid Ocean Services, said. The firm is ...

Apollo Tyres Q2 results: Net profit decreases 37% to Rs 297 crore

Apollo Tyres on Wednesday said its consolidated profit after tax declined 37 per cent to Rs 297 crore in the September 2024 quarter, hit by tepid demand in the domestic market and an increase in raw material prices. The tyre maker posted a Profit After Tax (PAT) of Rs 474 crore in the July-September quarter of last fiscal. Revenue from operations stood at Rs 6,437 crore in the second quarter against Rs 6,280 crore in the year-ago period, Apollo Tyres said in a statement. "We witnessed a weak demand scenario in the OEM (Original Equipment Manufacturer) segment in our largest market -- India, which negated the strong growth in the replacement segment," Apollo Tyres Chairman Onkar Kanwar stated. In Europe, the company saw positive revenue growth in the passenger vehicle segment, which is the largest segment for Apollo in that geography, he added. "Unprecedented increases in raw material prices have impacted our profitability," Kanwar noted. The company said its board approved the ra

Dish TV Q2 results: Net loss at Rs 37 cr, revenue falls 17% to Rs 395.62 cr

Direct-to-home firm Dish TV India Ltd on Wednesday reported a consolidated net loss of Rs 37.38 crore in the September 2024 quarter. The company posted a net profit of Rs 5.41 crore in the July-September quarter a year ago, according to a company filing. Its revenue from operations was down 17.43 per cent to Rs 395.62 crore in the September quarter. It stood at Rs 479.15 crore in the corresponding quarter a year ago. Dish TV's total expenses in the September quarter declined 6.43 per cent to Rs 437.97 crore. Its expenses include the cost of goods and services, personnel cost and other expenses. Total income of Dish TV, which includes other income, in the September quarter was down 17.55 per cent to Rs 400.59 crore. Shares of Dish TV India Ltd settled at Rs 11.77 per scrip on the BSE, down 3.29 per cent from the previous close.

Vi Q2 results: Net loss narrows to Rs.7,175 crores, Arpu at Rs 156

4G subscriber base falls after 11 quarters, overall user base shrinks 5 million

Thomas Cook India Q2 results: Net profit rises by 38% to Rs 65 cr

The profit before interest, depreciation, and taxes (PBIDT) of the company increased by 28.6 per cent to Rs 168.2 crore Y-o-Y for the July-September quarter

Bayer CropScience Q2 results: PAT falls to Rs 136 cr on pricing pressure

The company reported a consolidated profit of 1.36 billion rupees ($16.1 million) for the three months ended Sept. 30, compared to 2.23 billion rupees a year earlier

Sun TV Network Q2 results: Net profit drops 12% to Rs 409.1 crore

The profit before interest, depreciation, and taxes (PBIDT) of the company declined by 15.1 per cent to Rs 713.1 crore on a Y-o-Y basis for the July-September quarter

AstraZeneca Pharma India results: Q2FY25 net profit falls 27% to Rs 38 cr

AstraZeneca Pharma India on Wednesday said its net profit declined by 27 per cent on-year to Rs 38 crore in the second quarter ended on September 30, 2024. The drug firm reported a net profit of Rs 52 crore in the July-September quarter of last fiscal. Revenue from operations stood at Rs 408 crore for the period under review compared with Rs 311 crore in the year-ago period, the firm said in a regulatory filing. Shares of the company ended 3.74 per cent lower at Rs 7,133.10 apiece on the BSE.

Brigade Enterprises Q2FY25 results: Net profit down 11% to Rs 118.98 cr

Realty firm Brigade Enterprises Ltd on Wednesday reported an 11 per cent decline in its consolidated net profit to Rs 118.98 crore in the September 2024 quarter. Its net profit stood at Rs 133.50 crore in the year-ago period. Total income also fell to Rs 1,138.13 crore in the second quarter of this fiscal compared to Rs 1,407.92 crore in the corresponding period of the preceding year, according to a regulatory filing. Bengaluru-based Brigade Enterprises is one of the leading real estate developers in the country.

Bayer CropScience Q2FY25 results: Net profit falls 38.85% to Rs 136.3 cr

Bayer CropScience Ltd, the Indian unit of German crop science group Bayer AG, on Wednesday posted a 38.85 per cent slump in net profit to Rs 136.3 crore in the September 2024 quarter, hurt by higher expenses. The company reported a net profit of Rs 222.9 crore a year earlier, according to a regulatory filing. Its total income rose to Rs 1,761.3 crore in the second quarter of this fiscal from Rs 1,633.3 crore in the year-ago period. However, expenses remained higher by 18.34 per cent to Rs 1,571.2 crore against Rs 1,327.6 crore in the said period a year ago. Its Managing Director and CEO Simon Wiebusch said the Q2 increase in the revenue from the operations was primarily driven by higher volumes which were partially offset by price pressure rooted in lower producer prices in China. "Our margins were negatively impacted by higher production costs in corn seeds due to adverse weather conditions as well as a higher cost of goods sold in our chemical business," he said. Despite these