IndusInd Bank reported a 40% year-on-year decline in consolidated net profit for Q2 FY25, amounting to Rs 1,331 crore, significantly missing market expectations. The decline was primarily driven by an 87% surge in loan loss provisions, which nearly doubled to Rs 1,820 crore. Additionally, rising operating expenses, including increased finance costs, outpaced the bank’s income […]
ACC Ltd, part of the Adani Group, reported a significant 49 percent decline in net profit for the quarter ending September 2024, with profit falling to Rs 200 crore from Rs 387.88 crore in the same period last year. The decline was attributed to near-decade-low cement prices and subdued demand across multiple sectors. Despite challenges,
ACC Q2 Results: Net Profit Drops 49% Amid Rising Costs and Low Cement Prices Read More »
Aster DM Healthcare shares surged 14 percent on October 14, driven by a strong earnings performance for the July-September quarter. The company reported a net profit of Rs 96.84 crore, a significant improvement from a net loss of Rs 30.79 crore in the same period last year. Revenue for Q2 FY25 rose 16 percent year-on-year
Aster DM Shares Surge 14% Following Strong Q2 Results Read More »
Bajaj Finserv reported an 8% year-on-year increase in Q2 FY25 net profit, reaching Rs 2,087 crore, driven by higher interest income and insurance premiums. Total revenue surged 29% to Rs 33,704 crore, but profit growth was restrained by rising finance costs and claims expenses. The company’s results were bolstered by a significant net gain of
Bajaj Finserv Q2 Profit Rises 8% on Strong Interest and Insurance Income Read More »
Zomato announced a 389% increase in net profit, reaching Rs 176 crore for Q2 FY25, compared to Rs 36 crore in the same quarter last year. Revenue grew 69% year-on-year from Rs 2,848 crore to Rs 4,799 crore, supported by a surge in customer orders, according to stock exchange filings. Quarter-on-quarter, revenue rose from Rs
Zomato Reports 389% Surge in Q2 Net Profit to Rs 176 Crore Read More »
Bajaj Housing Finance reported a 21% year-on-year increase in net profit for Q2 FY25, reaching Rs 546 crore, following its successful IPO in September 2024. The company raised Rs 6,560 crore from the public issue, which saw 64 times oversubscription. Net Interest Income for the quarter rose 13% on-year to Rs 713 crore, as per
Bajaj Housing Finance Q2 Net Profit Rises 21% to Rs 546 Crore in First Report PostIPO Read More »
UltraTech Cement reported a sharper-than-expected 36% decline in its net profit for the second quarter of FY25, amounting to ₹820 crore, compared to ₹1,280 crore in the same period last year. The drop was attributed to weak demand caused by monsoon-related project delays and a slowdown in construction activities, which affected price realisations. Analysts had
UltraTech Cement’s Q2 Net Profit Drops 36% to ₹820 Crore Amid Slowdown in Demand Read More »
PC Jeweller has delivered a standout performance in the second quarter of FY24-25, showcasing a strong financial rebound. The company’s consolidated revenue soared by an astounding 1430%, reaching ₹505 crores in Q2 FY25, up from just ₹33 crores in the same period last year. In a significant turnaround, the company posted a profit after tax
HDFC Bank, India’s largest private sector lender, reported a 5% year-on-year increase in net profit for the second quarter of fiscal year 2025, reaching ₹16,821 crore, surpassing market expectations. Analysts from seven brokerages had projected the bank’s Q2 net profit to be around ₹16,570 crore. The stronger-than-anticipated earnings were driven by robust growth in net
Kotak Mahindra Bank reported a net profit of ₹3,344 crore for the second quarter of fiscal year 2025, reflecting a 4.8% increase from the same period last year. This growth was supported by a steady expansion in the bank’s net interest income, which rose to ₹7,019.3 crore. The quarter’s results came amid a challenging macroeconomic
Kotak Mahindra Bank Q2 Results: Net Profit Rises 4.8% to ₹3,344 Crore, Margins Stable Read More »
