The aggregate ROCE for both financial and non-financial listed firms in Q2 is well above the levels seen during the pre-COVID years
In order for a meaningful bull run to resume, India Inc's earnings growth needs to make a comeback or investors should reset their high expectations from corporate India, said market experts
The first half of FY25 witnessed muted earnings growth for India Inc, but MOFSL anticipates a recovery in the second half, fueled by increased government spending, a strong kharif harvest, and rising rural demand.
Grasim Industries is expected to report robust growth in Q2FY25 with analysts projecting a 17-20% YoY rise in revenue and an 18% profit increase, driven by gains in the VSF and chemicals segments.
According to Bloomberg estimates, 11 analysts project a net profit of Rs3,254.50 crore, while 12 analysts forecast net revenue of Rs54,984.10 crore.
Equity markets would remain closed on Friday for Guru Nanak Jayanti.
Ircon International stock fell as the company reported a 18 percent decline in net profit to Rs 206 crore, compared to Rs 250.7 crore in the corresponding period last year.
RVNL provides financial resource mobilisation services to support its projects. The company’s clientele includes Indian Railways.
Tata Steel's EBITDA in the Netherlands for the quarter was Rs 243 crore, against a loss of Rs 1,145 crore last year, but lower than the Rs 453 crore reported in the April-June quarter.
L&T is set to report its Q2FY25 earnings on October 30. A strong order book is likely to sustain revenue growth along with revival in domestic orders inflows after the state election.
Spandana Sphoorty share price fell to a multi-year low after the MFI lender suffered a consolidated loss of Rs 216 crore Q2FY25 due to higher credit cost.
Gillette India stock soared on strong Q2FY25 results. The company announced the appointment of Srividya Srinivasan as the Company’s Chief Financial Officer (CFO) effective November 1.
The first half of the year has been a near-washout for the industry in terms of demand and pricing, due to the near-three-month-long General Election, and the monsoons
Texmaco Rail stock has risen around 18 percent so far this year, outperforming Nifty's returns of 12 percent. In the past 12 months, the counter has gained 68 percent.
DLF shares saw a notable increase, driven by a remarkable 121 percent year-on-year growth in consolidated net profit, reaching Rs 1,387 crore for Q2FY25.
The total income rose to Rs 13,706.31 crore in the quarter under review from Rs 11,684.89 crore a year ago.
Its revenue from operations slipped 7 per cent to Rs 2,560.12 crore during the quarter under review. It was Rs 2,752.77 crore in the corresponding period of the previous fiscal.
IndusInd Bank stock plunged 15 percent in early deals as Q2 earnings disappointed. The counter has fallen around 32 percent so far this year, underperforming Nifty's returns of 12 percent.
NTPC shares dropped over 3 percent despite reporting a 14 percent YoY rise in consolidated net profit to Rs 5,380 crore for Q2FY25, alongside an interim dividend approval of Rs 2.5 per share.
Q2FY25 Earnings Highlights: More than 80 companies including ACC, Adani Total Gas, ITC, NTPC, Godrej Consumer Products, PNB Housing Finance, among others declared their Q2FY25 earnings today.
Shriram Finance's NII is expected to rise 18 percent year-on-year (YoY) to Rs 5,430 crore in Q2FY25
Persistent Systems is positioning itself as a platform-driven business utilizing AI solutions to adapt to shifting market demands.
Bajaj Finserv Q2 Results Live: Hindustan Unilever Limited (HUL) has announced its financial results for the second quarter, revealing a net profit of Rs 2,612 crore, reflecting a year-on-year decline of 3.9% from Rs 2,717 crore in the same quarter last year. Volume growth at 3%.
Bajaj Finance plans to reinvest margin gains into new business lines, which currently contribute 2-3 percent of Assets Under Management
Analysts will be keeping a close eye on Ultratech Cement management commentary on the demand scenario amidst a weak quarter and price sustainability