Q2 Results 2024 Highlights: Titagarh Rail reports net profit at Rs 80.7 cr, up 14.3%; revenue up 13%

Q2 Results 2024 Live: Godawari Power and Ispat net profit falls 38 pc Rs 159 cr in Q2

Godawari Power and Ispat Ltd (GPIL) on Saturday reported about 38 per cent decline in consolidated net profit to Rs 159.39 crore in the September quarter of 2024-25.

It had posted Rs 256.71 crore "net profit from ordinary activities" in the same period a year ago, the company said in an exchange filing.

Q2 Results 2024 Live: Siyaram Silk Mills reports Q2 Results

Net Profit up 11.3% at Rs 68.2 cr vs Rs 61.3 cr (YoY)

Revenue up 3.7% at Rs 608 cr vs Rs 586 cr (YoY)

EBITDA up 1.1% at Rs 89 cr vs Rs 88 cr (YoY)

Margin at 14.6% vs 15% (YoY)

Q2 Results 2024 Live: Jaiprakash Power Ventures PAT grows to Rs 182.66 crore

Jaiprakash Power Ventures Ltd on Saturday reported a three-fold rise in its consolidated profit after tax (PAT) to Rs 182.66 crore for the July-September quarter of 2024-25 on account of lower expenses.

It had posted a PAT of Rs 68.66 crore in the July-September period of 2023-24, the company said in an exchange filing.

Q2 Results 2024 Live: REC reports Q2 Results

Net profit up 6.2% at Rs 4,005.5 cr vs Rs 3,773.2 cr (YoY)

NII up 21.4% at Rs 4,680.4 cr vs Rs 3,856.2 cr (YoY)

Q2 Results 2024 Live: Titagarh Rail reports net profit at Rs 80.7 cr, up 14.3%; revenue up 13%

Net profit up 14.3% at Rs 80.7 cr vs Rs 70.6 cr (YoY)

Revenue up 13% at Rs 1,057 cr vs Rs 935.5 cr (YoY)

EBITDA up 12.4% at Rs 129.5 cr vs Rs 115.2 cr (YoY)

Margin flat at 12.3% (YoY)

Q2 Results 2024 Live: JK Cement reports Q2 Results

Net profit down 28.3% at Rs 125.8 cr vs Rs 175.4 cr (YoY)

Revenue down 7% at Rs 2,560 cr vs Rs 2,752.8 cr (YoY)

EBITDA down 39.2% at Rs 284 cr vs Rs 467 cr (YoY)

Margin at 11.1% vs 17% (YoY)

 Q2 Results 2024 Live: IDFC First Bank reports Q2 Results

Gross NPA at Rs 4,195.2 cr vs Rs 3,904.2 cr (QoQ)

Net NPA at Rs 1,037.6 cr vs Rs 1,195.3 cr (QoQ)

Gross NPA at 1.92% vs 1.90% (QoQ)

Net NPA at 0.48% vs 0.59% (QoQ)

Q2 Results 2024 Live: IDFC First Bank reports net profit at Rs 200.7 cr; NII at Rs 4,787.8 crore

Net profit down 73.3% at Rs 200.7 cr vs Rs 751.3 cr (YoY)

NII up 21.2% at Rs 4,787.8 cr vs Rs 3,950.2 cr (YoY)

Q2 Results 2024 Live: Godawari Power & Ispat reports Q2 Results

Net profit down 38.1% at Rs 159.1 cr vs Rs 256.9 cr (YoY)

Revenue down 1.8% at Rs 1,267.6 cr vs Rs 1,291 cr (YoY)

EBIDTA down 31.7% at Rs 246.7 cr vs Rs 361.4 cr (YoY)

Margin at 19.5% vs 28% (YoY)

Q2 Results 2024 Live: DLF's sales bookings rise 66% to Rs 7,094 cr in Apr-Sep despite weak Q2

Realty major DLF's sales bookings increased 66 per cent to Rs 7,094 crore in the first half of this fiscal on strong housing demand.

Its sales bookings stood at Rs 4,268 crore in the year-ago period.

The company has been able to achieve growth in sales bookings during the April-September period of this fiscal because of the robust performance in the first quarter.

DLF's sales bookings jumped over three-fold to around Rs 6,400 crore during the first quarter of this fiscal from Rs 2,040 crore in the year-ago period.

Q2 Results 2024 Live: ICICIBank reports Q2 Results

Gross NPA at 1.97% vs 2.15% (QoQ)

Net NPA at 0.42% vs 0.43% (QoQ)

Gross NPA at ₹27,121.15 cr vs ₹28,718.6 cr (QoQ)

Net NPA at ₹5,685.14 cr vs ₹5,684.8 cr (QoQ)

Q2 Results 2024 Live: ICICI Bank's capital adequacy ratio declines to 15.35%, NPA figures show improvement

ICICI Bank's capital adequacy ratio stands at 15.35%, down from 15.96% in the previous quarter. The bank's gross non-performing assets (GNPA) decreased to Rs 27,121 crore, compared to Rs 28,718.6 crore quarter-on-quarter. Meanwhile, net non-performing assets (NNPA) remained stable at Rs 5,685 crore, slightly changing from Rs 5,685.8 crore QoQ. The GNPA ratio improved to 1.97% from 2.15% in the previous quarter, while the NNPA ratio was reported at 0.42%, down from 0.43% QoQ.

Q2 Results 2024 Live: ICICI Bank reports 14.5% profit surge, NII up 9.5%

ICICI Bank has reported a 14.5% year-on-year increase in net profit, reaching Rs 11,745.9 crore for the quarter, compared to Rs 10,261 crore in the same period last year. The bank’s net interest income (NII) also saw a strong uptick, rising 9.5% to Rs 20,048 crore from Rs 18,307.9 crore year-on-year. The results reflect steady growth in earnings and underlying business momentum.

Q2 Results 2024 Live: Meghmani Organics cuts losses, revenue jumps 44% in Q2

Meghmani Organics Limited's Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ending September 30, 2024. The company reported a reduced net loss of Rs 9.3 crore compared to a loss of Rs 15.3 crore in the same quarter last year. Revenue saw a significant increase, up 43.6% to Rs 543.9 crore from Rs 378.8 crore year-on-year.

Q2 Results 2024 Live: Yes Bank Q2 profit surges to Rs 553 cr, NII up 14.3% as asset quality improves

Yes Bank reported a significant jump in net profit for Q2, posting Rs 553 crore, a substantial increase from Rs 225 crore in the same quarter last year. The bank’s net interest income (NII) rose by 14.3% to Rs 2,200 crore, compared to Rs 1,925.1 crore in Q2 FY24, reflecting steady growth in core lending operations.

The bank’s asset quality showed improvement, with the gross non-performing asset (GNPA) ratio decreasing to 1.6% from 1.7% in the previous quarter, while the net NPA ratio remained stable at 0.5%. In absolute terms, GNPAs stood at Rs 3,889.43 crore, a slight increase from Rs 3,844.90 crore quarter-on-quarter. Net NPAs were down to Rs 1,168 crore from Rs 1,246 crore in the previous quarter, indicating improved credit quality and lower default risk.

Q2 Results 2024 Live: ICICI Bank Q1 report card – A quick look

ICICI Bank reported a net profit of Rs 11,059.1 crore for Q1 FY25 on July 27, marking a 14.6% increase from Rs 9,648.2 crore in the same period last year. This figure surpassed the average estimate of Rs 10,614 crore projected by seven brokerages, exceeding market expectations.

The bank’s net interest income (NII) stood at Rs 19,552.9 crore, reflecting a 7.3% year-on-year growth and slightly above the anticipated Rs 19,515 crore.

ICICI Bank's asset quality remained stable, with a gross non-performing asset (GNPA) ratio of 2.15% and a net non-performing asset (NNPA) ratio of 0.43%, compared to 0.42% in the previous year.

Q2 Results 2024 Live: ICICI Bank sees slight margin moderation and improved asset quality in Q2 FY25

Brokerages anticipate a slight annual moderation in ICICI Bank's margins, with a negative bias, although they are expected to remain stable sequentially. In Q2 FY25, net interest margins (NIMs) are projected at 4.4%, down from 4.5% in Q2 FY24.

On the asset quality front, ICICI Bank's gross non-performing asset (GNPA) ratio is expected to decrease to 2.3% in Q2 FY25, down from 2.5% a year earlier. Conversely, the net NPA ratio is projected to see a slight increase to 0.5% in Q2 FY25, up from 0.4% in Q2 FY24

Q2 Results 2024 Live: ICICI Bank's earnings likely to be boosted by strong loan and deposit growth

Analysts attribute ICICI Bank's earnings growth to robust loan and deposit growth. According to a consensus estimate, the bank's deposit growth is projected to align with its credit growth. For instance, analysts from Motilal Oswal anticipate that ICICI Bank's deposits will increase by 14.6% year-on-year (YoY) to Rs 14.8 lakh crore in Q2 FY25. Similarly, loans are expected to rise by 14.6% YoY to Rs 12.7 lakh crore during the same quarter.

Q2 Results 2024 Live: ICICI Bank's NII expected to rise 14% to Rs 20,845 crore

According to a Moneycontrol poll of eight brokerage estimates, ICICI Bank's net interest income (NII) is projected to increase by 14% year-on-year (YoY) to ₹20,845 crore in Q2 FY25, up from ₹18,308 crore in Q2 FY24. Additionally, profit is expected to rise by 7% YoY to ₹10,667 crore in Q2 FY25, compared to ₹10,261 crore in the same quarter last year.

Q2 Results 2024 Live: ICICI Bank poised for strong results amid steady loan growth

ICICI Bank, India’s second-largest private lender, is anticipated to report strong results for the July-September quarter (Q2 FY25), driven by robust growth in loans and deposits. Analysts suggest that the bank is unlikely to face significant stress in asset quality, and margin contraction is expected to be minimal. The lender is set to unveil its Q2 scorecard today, October 26, 2024.

Q2 Results 2024 Live: Notable firms slated to announce their Q2 results today

In addition to ICICI Bank and YES Bank, other notable firms slated to announce their Q2 results today include IDFC First Bank, JK Cement, REC Ltd, Titagarh Rail, Creative, Golkunda, JP Power, KPPL, Paracables, SBFC, Indothai, Voltamp, and Arihantsai, among others.

Q2 Results 2024 Live: Over 30 companies to release earnings today, including ICICI and YES Bank

More than 30 companies are poised to unveil their earnings for the July-September quarter today, Saturday, October 26, as reported by the Bombay Stock Exchange (BSE). Among those expected to disclose their Q2 results are several engineering giants and prominent private sector banks, including ICICI Bank and YES Bank.

Don’t miss a moment of the action!

Good morning! Welcome to Moneycontrol's live blog dedicated to the Q2 earnings set to be released today, October 26. Stay tuned for real-time updates on company performances and key highlights throughout the day.