While the company's previous organic capacity addition, and acquisitions, were centred around the southern and eastern markets, it has now definitively pivoted to the northern and western markets in its expansion drive
Axis Bank expects credit slippages to stabilize and margins to bottom by Q3 FY2
Analysts expect Axis Bank’s September-quarter results to reflect slower loan growth, weaker margins, and a mild uptick in bad loans
Its net profit jumped over 6x YoY to Rs 163 crore in Q2FY25 from Rs 25 crore in Q2FY24
The highway developer reported four-fold year-on-year (YoY) jump in net profit to Rs 462 crore in Q2FY2
The company had posted a net profit of Rs 25.44 crore in the July- September period a year ago, according to an exchange filing from the Burman family-promoted firm
Q2 Results 2024 updates: Revenue rose 22.5 percent to Rs 4,919 crore in Q2FY25 over Rs 4,014 crore in Q2FY24
In Q2FY25, the company’s operating revenue surged by 51 percent year-on-year to Rs 286.1 crore
In Q2, the company's consolidated net profit jumped 43 percent YoY to Rs 134 crore
Q2 Results 2024 Updates: Biocon Ltd on Wednesday reported a consolidated net loss of Rs 16 crore for the second quarter ended September 30, 2024 on account of higher tax, based on geographical split of profits.
Jefferies shared a 'buy' rating on Marico and assigned Rs 800 apiece as target price
The rise in foreign exchange gains led to the company reporting a near-6 percent fall in total expenses during the quarter, despite operating expenses rising nearly 26 percent. The company's total income rose to Rs 1,088.2 crore from Rs 895.48 crore in the year-ago period.
BHEL's revenue from operations increased 28.5 percent to Rs 6,584 crore in the September quarter, while the PSU reported a net profit of Rs 106 crore against a net loss in the year-ago period.
Brokerages were impressed by the results and retained their 'buy' calls, seeing up to 36 percent upside potential.
Q2 Results 2024 Updates: Stay tuned for the latest earnings insights and key updates as the season kicks into high gear—bringing you all the numbers, trends, and takeaways right here.
YES Bank's net interest income (NII) also registered solid growth, rising 14.3 percent YoY in Q2FY25
Multiple 'buy' calls were issued as analysts expressed confidence on the company's steady performance, attractive valuations, and positive guidance for FY25
Analysts foresee up to 28 percent upside from current levels, as the bank's steady results reinforced its leadership among private sector peers
Despite margin contraction in Q2, the management expressed confidence that the worst of the margin pressure is now behind them.
Q2 Results 2024 Highlights: 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.
The consolidated revenue for the reporting quarter stood at Rs 624 crore, rising by 15 percent YoY. Revenue was up by 4.19 percent on a QoQ basis.
While the bank faces persistent stress in the micro-finance segment, management remains hopeful that disbursements will normalise soon, driving recovery
Brokerages remain optimistic about SBI Life's growth prospects, pinning hopes on product innovation, investments in distribution channels, and digital initiatives
TVS Motor Q2FY25: Sales from operations came at Rs 9,228 crore for the September quarter as against Rs 8.142 crore a year ago
Strong tech initiatives, comfortable capital position, and attractive valuations are some of the re-rating drivers going ahead, said analysts