KALYANI INVESTMENT COMPANY LTD Q2 RESULTS
Market looking at Q3 result season, Budget; not much movement likely in next 2-3 weeks: Harsha Upadhyaya
Kotak AMC's CIO, Harsha Upadhyaya, anticipates modest earnings growth in FY25, particularly in the second half. Market volatility is expected to persist in the short term, influenced by Q3 results and budget expectations. While consumption remains weak, Upadhyaya favors IT and pharma over textiles due to cyclical uptrends and growth opportunities.
Swiggy shares climb 7% after Q2 results. Should you buy, sell or hold?
Swiggy share price: Swiggy shares climbed following strong Q2 FY25 revenue growth, despite a reported loss of Rs 625.53 crore. Innovations like Bolt for 10-minute food delivery and Instamart expansion contributed to a 30% YoY increase in gross order value, with strong broker expectations for future growth in food delivery and quick commerce.
Swiggy Q2 operating revenue rises 30%, net loss falls marginally
Food and grocery delivery company Swiggy's operating revenue rose by 30% year-on-year to Rs 3,601 crore for the July-September quarter. The net loss slightly decreased to Rs 625 crore. Swiggy's food delivery continued to achieve industry-best growth, and its new 10-minute delivery service, Bolt, made up 5% of food deliveries shortly after launching.
Swiggy Q2 Results: Cons loss narrows YoY to Rs 625 crore, revenue jumps 30%
Swiggy Q2 Results: Swiggy's food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin, and GOV growing 5.6% QoQ to Rs 7,191 crore. The company’s new 10-minute delivery service, 'Bolt,' now contributes 5% of total food deliveries within just 8 weeks. Swiggy Instamart saw strong performance, with GOV growth accelerating 24% QoQ to Rs 3,382 crore, and overall orders up 21% QoQ.
India Inc.'s Q2 results review: How different sectors of BSE 500 index fared in the second quarter of 2024-25
Data compiled from an Emkay report shows that the aggregate adjusted PAT growth of BSE 500 companies declined by 0.5% year-on-year. Comparatively, the earnings growth was 3.2% in the June 2024 quarter and 41.6% year-on-year in the corresponding period of the previous year. The performance deteriorates further if the financial sector companies are excluded as the adjusted net profit growth contracts to 9.8% year-on-year. The energy sector significantly dragged the overall earnings growth whereas healthcare and industrial sectors provided support.
Red alert! 72 companies flip to loss in Q2. Are your stocks also on this list?
India's Q2 2024 earnings season disappointed. Many profit-making companies reported losses. Nifty earnings grew at the slowest pace since June 2020. Analysts point to a slowdown in several sectors. However, experts predict a recovery in the second half of the fiscal year. Increased government spending and strong festival demand are expected to boost growth.
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Profit apocalypse! 10 companies with steepest losses in Q2. Who blew it worst?
Indian companies faced a profit slump in Q2 FY25, with several sectors reporting declines. Vodafone Idea, Sammaan Capital, and Indian Oil posted significant losses. Analysts downgraded earnings forecasts, citing weak consumption and government spending, but anticipate a recovery in the second half of the fiscal year.
36 companies doubled their sales and PAT in a disappointing Q2 earnings season
Despite a lackluster Q2 earnings season, 36 companies defied the trend, doubling both sales and profits. Some achieved growth in the thousands of percentage points, driven by strong demand in sectors like pharma and realty. Analysts remain optimistic about a stronger second half of FY25, citing festive demand and rural recovery.
Grasim shares slip 2% after Q2 PAT declines 66% YoY
Grasim Industries witnessed a 66% decline in Q2 consolidated net profit, reaching Rs 389 crore, despite an 11% surge in revenue, reaching Rs 33,563 crore. This downturn is attributed to reduced profit margins in the cement sector and initial investments in the 'Birla Opus' paint business.
HAL shares rally 4% after Q2 PAT jumps 22% YoY to Rs 1,510 crore
Hindustan Aeronautics (HAL) shares rose 4% after the company announced a 22% increase in net profit for the quarter ending September 30, 2024. The company's net profit reached Rs 1,510 crore, up from Rs 1,237 crore in the same period last year. Revenue from operations also grew by 6% to Rs 5,976 crore.
NALCO shares rally 5% after Q2 profit rises multi-fold to Rs 1,046 crore
Nalco share Price: National Aluminium Company (Nalco) witnessed a remarkable five-fold surge in its consolidated profit for the September quarter, reaching Rs 1,045.97 crore, driven by robust revenue growth. The company's board has announced an interim dividend of Rs 4 per share. Nalco's shares, despite a recent dip, have shown impressive growth this year.
Q2 results today: Grasim, Hero MotoCorp among 1203 companies to announce earnings on Thursday
Get ready for a busy day in the Indian stock market. Over 1200 companies will reveal their financial performance for the July-September quarter. Keep an eye on major players like Hero MotoCorp and Grasim Industries. Analysts predict growth for both companies, driven by higher sales and improved profitability.
Nykaa shares rally 6% after strong Q2 profit, revenue growth
Nykaa's shares surged by 5.7% after the company announced a 66% jump in Q2 profits, reaching Rs 13 crore. This growth was fueled by a 24% rise in revenue, reaching Rs 1875 crore, driven by strong performance in its beauty and fashion segments and expanding retail network.
Q2 results today: Vodafone Idea, Eicher Motors among 650 companies to announce earnings on Wednesday
Vodafone Idea is expected to report a narrower consolidated loss for the second quarter, driven by revenue growth and improved ARPU. Analysts predict a loss between Rs 6300-6400 crore, with revenue rising 5% year-on-year. Subscriber base may decline, but ARPU is projected to reach Rs 156-159.
Nykaa shares in focus ahead of Q2 results today. Here's what to expect
Nykaa is poised to announce a threefold surge in net profit for the July-September quarter, driven by robust growth in its beauty and personal care segment. Analysts predict a 26% revenue increase to Rs 1900 crore, fueled by strong omnichannel retail and owned brand performance.
Q2 results today: Hyundai, Nykaa among 540 companies to announce earnings on Tuesday
Nykaa is predicted to experience a threefold increase in net profit for the second quarter, reaching Rs 1900 crore in revenue. This surge is attributed to the success of their beauty and personal care (BPC) sector. The fashion vertical also showed growth, with revenue growth in the early twenties.
Tata Motors shares jump over 3% despite reporting 11% fall in Q2 profit. Should you stay invested?
Tata Motors Share Price: Tata Motors' shares rose over 3% despite a lower-than-expected 11.18% YoY drop in Q2 profit, reaching Rs 3,343 crore. The company attributed the decline to external challenges impacting growth. Despite this, analysts remain optimistic, citing strong business fundamentals and anticipated improvements in the second half of FY25.
Q2 results this week: Hyundai, Nykaa, Vodafone Idea among 2515 companies to announce earnings
Over 2500 companies, including prominent names like ONGC, Hindalco, and Hero MotoCorp, are set to release their second-quarter earnings this week. Early reports suggest muted results, with analysts predicting the slowest growth in over four years due to a marginal 2% rise in Nifty earnings.
Trent shares fall 10% in 2 days after Q2 results. Should you invest?
Trent Share Price: Trent's shares tumbled 10% despite reporting a 46% surge in Q2 profit, exceeding analyst predictions. While revenue growth of 39.6% fell short of expectations, analysts remain optimistic, citing strong EBITDA margins, robust store expansion, and the success of emerging categories like beauty and footwear.
Indian Hotels stock jumps 6%, hits 52-week high after Q2 profit up 226% YoY
Tata-backed Indian Hotels Company (IHCL) saw its stock surge nearly 6% to a 52-week high of Rs 722 after reporting a 226% YoY profit growth to Rs 583 crore for Q2 FY24. Revenues rose 27.4% to Rs 1,826 crore. EBITDA grew 41.3% to Rs 501.27 crore. IHCL will also manage The Claridges, New Delhi from April 2025.
Q2 results today: SBI, Tata Motors among 152 companies to announce earnings on Friday
Over 150 companies, including major players like SBI, LIC, Tata Motors, and Vedanta, are set to release their July-September 2024 quarter results today. SBI is predicted to show single-digit growth in net interest income, while Tata Motors is expected to see a 30% rise in net profit despite muted revenue growth.
Tata Steel shares in focus as company swings back to black
Tata Steel Ltd. swung back to profitability in the September quarter, reporting a net profit of Rs 833 crore compared to a loss in the same period last year. Despite a 3% YoY decline in revenue, the company's EBITDA reached Rs 6141 crore with margins at 11.4%. The India business saw a 5% revenue dip, while NINL's revenue increased.
Q2 results today: Tata Steel, Apollo Hospitals among 166 companies to announce earnings on Thursday
The second-quarter earnings season is in full swing, with 166 companies set to release their July-September 2024 results. Key players like M&M and Trent are anticipated to post robust revenue growth, driven by strong performance in their respective sectors. While M&M's profits are projected to remain steady, Trent's bottom line is expected to see significant improvement.
Tata Steel Q2 Results: Company reports profit of Rs 833 crore vs Rs 6,196 crore loss a year ago
Tata Steel Q2 Results: Tata Steel Ltd on Wednesday reported a net profit of Rs 833 crore in the quarter ended September 2024, compared with a loss of Rs 6196 crore in the last year quarter.
Q2 results today: Tata Steel, Apollo Hospitals among 98 companies to announce earnings on Wednesday
Get ready for a busy day in the Indian stock market. 63 companies will reveal their July-September earnings today. Keep an eye on major players like Power Grid and Tata Steel. Apollo Hospitals is expected to report strong numbers. Tata Steel might face challenges due to declining realizations. Stay tuned for the detailed financial results and expert analysis.
Titan Q2 Results: Net profit falls 23% YoY to Rs 704 crore on customs duty cut
Titan Q2 Results: The profit fell short of Street estimates of Rs 900 crore, based on an ET Now poll, while revenue exceeded projections of Rs 12,350 crore. Titan’s core jewellery segment saw a 26% increase in total income to Rs 10,763 crore for the quarter, with an EBIT of Rs 932 crore at an 8.7% margin. Adjusted for customs duty, Q2FY25 EBIT reached Rs 1,222 crore, achieving an 11.4% margin.
Q2 results today: Titan, Dr Reddy's among 63 companies to announce earnings on Tuesday
The second quarter earnings season is in full swing, with 63 companies, including prominent names like Dr Reddy's, Titan, and Mankind Pharma, set to release their July-September 2024 quarter results today.
Q2 results today: IRFC, IRCTC, Raymond among 47 companies to announce earnings on Monday
Key companies, including IRFC, IRCTC, and Raymond, are set to announce their quarterly earnings today. Amara Raja Energy is anticipated to report a 17% YoY growth in net profit and a 10% YoY increase in revenue, driven by solid performance in the aftermarket division and new energy business.
Q2 results today: Tata Investment among 7 companies to announce earnings on Thursday
Tata Investment, along with six other companies, is set to announce their July-September 2024 quarterly results today. Tata Investment had previously reported a strong performance in Q1FY25, with a 117% sequential increase in net profit. The company also delivered significant returns over the last year, outperforming broader market indices.
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