Federal Bank shares rose over 7% on October 30 after the bank posted an 11% increase in Q2 net profit, reaching Rs 1,057 crore, up from Rs 954 crore a year ago. Boosted by strong net interest income (NII) of Rs 2,367 crore, a 15% increase year-on-year, Federal Bank also reported total income growth to […]
Federal Bank Jumps Over 7% as Q2 Profit Climbs 11% to Rs 1,057 Crore Read More »
Shares of JSW Infrastructure surged 10% on October 29 following a strong Q2 performance, with net profit rising 46% to Rs 372 crore, up from Rs 254.4 crore a year ago. Revenue from operations grew 18% to Rs 1,001.4 crore, driven by increased cargo volumes and a boost in capacity utilization at coal terminals in
JSW Infra Soars 10% as Q2 Net Profit Jumps 46% on Strong Cargo Growth Read More »
Shares of Suzlon Energy rose on October 29 after the company reported a significant Q2 profit jump. The wind turbine manufacturer saw a 96% increase in net profit, reaching Rs 201 crore for the quarter ending September 30, 2024, driven by record-breaking order inflow and strong revenue growth. Revenue climbed 48% year-on-year to Rs 2,093
Suzlon Energy Shares Rise as Q2 Profit Soars 96% on Record Orders Read More »
Shares of Praj Industries fell nearly 5% on October 28 after the company reported disappointing Q2 results. Net profit for the September quarter declined 14% year-on-year to Rs 53.83 crore, down from Rs 62.37 crore in the same period last fiscal. Revenue also dropped by around 7.5%, reaching Rs 816.19 crore compared to Rs 882.33
Praj Industries Shares Slide 5% Following Disappointing Q2 Earnings Read More »
Ambuja Cements, part of the Adani Group, reported a 42% year-on-year decline in consolidated net profit for Q2 FY25, reaching Rs 456 crore as weak cement prices and sluggish demand weighed on earnings. Although revenue rose slightly by over 1% to Rs 7,516 crore, the company’s profit missed analysts’ expectations. Operating costs saw a 4%
Ambuja Cements’ Q2 Profit Drops 42% to Rs 456 Crore Due to Weak Prices and Demand Read More »
Sun Pharmaceutical Industries reported a 28% year-on-year jump in net profit to Rs 3,040 crore for Q2 FY25, surpassing market expectations. The strong earnings were driven by favorable seasonality and robust sales in the specialty segment. Revenue from operations rose 9% to Rs 13,291 crore, closely aligning with analysts’ estimates. The company’s EBITDA margin expanded
Sun Pharma’s Q2 Profit Surges 28% to Rs 3,040 Crore Read More »
Shares of IDFC First Bank tumbled over 9% on October 28 after the private sector lender reported a significant 73% drop in net profit for the second quarter, falling to Rs 200.7 crore from Rs 751 crore in the same period last year. Despite a 21% increase in Net Interest Income (NII) to Rs 4,788
IDFC First Bank Shares Drop 9% Following 73% Q2 Profit Decline Read More »
IDBI Bank reported a 38.78% increase in standalone net profit for Q2 FY25, reaching Rs 1,836.45 crore, up from Rs 1,323.27 crore in the same period last year, according to an exchange filing on October 25. The bank’s net profit for the June quarter stood at Rs 1,719.27 crore, indicating sequential growth as well. Total
IDBI Bank Q2 Net Profit Soars 39% YoY; Shares Climb 1% Read More »
Bharat Electronics (BEL), a defense public sector undertaking and Nifty50 constituent, reported a standalone turnover of Rs 4,425.29 crore for Q2 FY25, marking a 14.8% increase from Rs 3,918.13 crore in the same period last year. Net profit surged by 34.4% year-on-year to Rs 1,091.27 crore for the September quarter. Following the earnings announcement, BEL
Bharat Electronics’ Q2 Net Profit Rises 34% YoY; Order Book at Rs 74,595 Crore Read More »
Shares of DCB Bank surged 10% to Rs 121 on October 25 after the lender announced impressive results for Q2 FY25. The bank’s net profit rose 22.6% year-on-year to Rs 155.5 crore, supported by a 7% increase in net interest income (NII) to Rs 509.2 crore. Improvements in asset quality also contributed to investor confidence,
DCB Bank Soars 10% Following Strong Q2 Performance Read More »
