Moneycontrol PRO
HomeNews
Jump to
  • Swiggy Q2 results: Revenue jumps 30% to Rs 3,602 crore, losses at Rs 626 crore

    Swiggy Q2 results: Revenue jumps 30% to Rs 3,602 crore, losses at Rs 626 crore

    Zomato, Swiggy's old rival, had posted a revenue of Rs 4,799 crore and had a profit after tax of Rs 272 crore during the September quarter.

  • Shree Cement Q2 consolidated profit plunges 83%, revenue declines 15% YoY as volumes fall

    Shree Cement Q2 consolidated profit plunges 83%, revenue declines 15% YoY as volumes fall

    Shree Cement's consolidated revenue fell by more than 15 percent year-on-year to Rs 4,054.17 crore, while its expenses declined by a marginal 3.5 percent during the quarter

  • Rustomjee earnings decline in Q2, profits, pre-sales rise

    Rustomjee earnings decline in Q2, profits, pre-sales rise

    Keystone, which trades as Rustomjee, reported collections of Rs 700 crore during the quarter, while its collections declined marginally to Rs 552 crore

  • Earnings misses pile up: Over half of Nifty 50 companies fall short of expectations

    Earnings misses pile up: Over half of Nifty 50 companies fall short of expectations

    Public sector giants NTPC and Coal India showed the largest discrepancies between actual and estimated financial performance. NTPC reported a net profit of Rs 2,655 crore, falling short of the projected Rs 5,035 crore, with revenue at Rs 44,696 crore versus an expected Rs 47,007 crore, according to Bloomberg

  • IT firms converting contract workers into full-time employees as outlook turns bright in Q4: TeamLease

    IT firms converting contract workers into full-time employees as outlook turns bright in Q4: TeamLease

    TeamLease is looking toward the recent U.S. election outcome as a potential driver of increased IT spending.

  • Net profit growth of 3.6% in Q2FY25 is India Inc's slowest since June 2020

    Net profit growth of 3.6% in Q2FY25 is India Inc's slowest since June 2020

    Operating profit margins were at 22.03% in September qtr, the slowest growth in six quarters, compared to 23.05% in June qtr, shows data

  • Ambuja Cements Q2 consolidated net profit falls 42% on-year to Rs 456 crore as weak prices hit realisations

    Ambuja Cements Q2 consolidated net profit falls 42% on-year to Rs 456 crore as weak prices hit realisations

    Ambuja Cements Q2 FY25 Results Update: As has been the case with other cement players , analysts had expected Ambuja Cements to report lukewarm growth in its revenue and a sharp dip in its bottomline.

  • Macrotech Developers Q2 profit doubles YoY to Rs 423 crore, pre-sales rise

    Macrotech Developers Q2 profit doubles YoY to Rs 423 crore, pre-sales rise

    Lodha reported a consolidated income of around Rs 2,630 crore, higher by 50 percent YoY. The company also reported growth in its EBITDA, as well as in pre-sales

  • Strong home price growth seen across key markets: Godrej Properties

    Strong home price growth seen across key markets: Godrej Properties

    Gaurav Pandey, MD and CEO, Godrej Properties, told investors that price growth is expected in key NCR markets such as Gurugram and Noida.

  • Adani Green Energy Q2 net profit surges 39% to Rs 515 crore

    Adani Green Energy Q2 net profit surges 39% to Rs 515 crore

    The Adani Group firm's total income rose 30.4 percent to Rs 3,376 crore in Q2FY25 as against Rs 2,589 crore in the year-ago period

  • UltraTech sees no major challenges in India Cements acquisition; closer to final approvals for Kesoram assets

    UltraTech sees no major challenges in India Cements acquisition; closer to final approvals for Kesoram assets

    UltraTech Cement CFO Atul Daga said while the company has received one set of queries about the acquisition from the Competition Commission of India, the queries are regular in nature.

  • Red Sea cable cuts impacted profit in Q2; working on asset monetisation to reduce debt: Tata Communications MD

    Red Sea cable cuts impacted profit in Q2; working on asset monetisation to reduce debt: Tata Communications MD

    AS Lakshminarayanan, MD and CEO, said the company has kicked off asset monetisation process and reviewing its subsidiaries to achieve long-term profitability growth

  • Reliance Retail registers net profit of Rs 2,935 crore in Q2

    Reliance Retail registers net profit of Rs 2,935 crore in Q2

    Reliance Retail added 464 new stores, bringing the total store count to 18,946. As a result, the company now operates across 79.4 million square feet of retail space and recorded over 297 million footfalls in Q2 FY25, marking a 14% YoY increase.

  • Wipro Q2 preview: Demand environment, guidance among 5 themes to watch out for

    Wipro Q2 preview: Demand environment, guidance among 5 themes to watch out for

    Brokerages expect Wipro to perform better than its guided range of -1 percent to +1 percent, when the company reports its September quarter earnings on October 17

  • TCS margins decline amid higher third-party costs as BSNL project peaks

    TCS margins decline amid higher third-party costs as BSNL project peaks

    TCS’ cost of equipment and software licences went up 600 percent to Rs 3,230 crore in the September quarter from Rs 462 crore in the year-ago period

  • Results preview I Cement makers stare at a grim Q2 amid near-decade-low prices and weak demand

    Results preview I Cement makers stare at a grim Q2 amid near-decade-low prices and weak demand

    Nearly all brokerage houses are cautious on the cement sector, as price growth has almost stalled and demand is yet to recover from the impact of the General Elections, delayed allocations to major infrastructure projects, and heavy monsoon rains, especially in August.

  • Keystone Realtors Q2 sales bookings jump over 2-fold to Rs 700 crore

    Keystone Realtors Q2 sales bookings jump over 2-fold to Rs 700 crore

    In a regulatory filing, Keystone Realtors reported pre-sales of Rs 700 crore in the second quarter of the 2024-25 fiscal as compared to Rs 306 crore in the year-ago period.

  • Saudi Aramco Q2 profit dips 3% as output stays low

    Saudi Aramco Q2 profit dips 3% as output stays low

    The decrease of 3.4 percent "mainly reflects the impact of lower crude oil volumes sold and weakening refining margins", the company said in a statement posted to the Saudi stock exchange.

  • Productivity benefits from AI, automation help Cognizant work with fewer employees

    Productivity benefits from AI, automation help Cognizant work with fewer employees

    CEO Kumar said the levers to compete in the market are also powered by automation and AI, which is one of the reasons why the company is gaining wallet share from peers.

  • Cognizant rides on robust financial services vertical, beats revenue estimates in Q2

    Cognizant rides on robust financial services vertical, beats revenue estimates in Q2

    The performance was on the back of winning market share in an unchanged demand scenario and a recovery in its key financial services vertical.

  • TomTom suspends 2025 targets after wider Q2 operating loss

    TomTom suspends 2025 targets after wider Q2 operating loss

    The Amsterdam-based company said it would not meet its 2025 guidance, and that it would provide new targets for next year when it reports 2024 full-year results.

  • Power Grid Q3 net profit inches up 10.5% to Rs 4,028.25 crore, beats estimates

    Power Grid Q3 net profit inches up 10.5% to Rs 4,028.25 crore, beats estimates

    Consolidated revenue increased marginally to Rs 11,819.70 crore in the three months ending December from Rs 11,530.22 crore in the year-ago quarter, registering an increase of 2.5 percent

  • Many spoilers and unfortunately we don't get a spoiler alert: Happiest Minds CFO on delayed acquisitions

    Many spoilers and unfortunately we don't get a spoiler alert: Happiest Minds CFO on delayed acquisitions

    Happiest Minds CFO Venkatraman Narayanan previously said that the company was "reasonably close" to completing one large acquisition, but it was delayed. This delay led Happiest Minds to revise its revenue guidance downward by more than half, from 25 percent to 12 percent for FY24.

  • Wipro says it sees green shoots in demand, caveats discretionary spend still elusive

    Wipro says it sees green shoots in demand, caveats discretionary spend still elusive

    The company won large deals worth $0.9 billion in Q3FY24, lower than $1.28 billion it won in the last quarter.

  • Wipro ADRs jump 18% to near 20-month-high following Q3 results

    Wipro ADRs jump 18% to near 20-month-high following Q3 results

    Wipro's profit rose 1.8 percent sequentially for the December quarter

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347