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Tech Mahindra's Q2 Profit Surges 153%, Declares ₹15 Interim Dividend Amid Restructuring Efforts

Tech Mahindra’s Q2 Profit Surges 153%, Declares ₹15 Interim Dividend Amid Restructuring Efforts

Tech Mahindra reported an impressive 153.1% year-on-year increase in net profit for the second quarter of FY25, reaching ₹1,250 crore, well above market expectations. This marked a 46.8% sequential growth as the company continues its business restructuring under the leadership of new CEO and Managing Director Mohit Joshi. The company’s consolidated revenue for the quarter […]

Tech Mahindra’s Q2 Profit Surges 153%, Declares ₹15 Interim Dividend Amid Restructuring Efforts Read More »

Axis Bank Q2 FY25 Results: Net Profit Climbs 18% YoY to ₹6,918 Crore

Axis Bank Q2 FY25 Results: Net Profit Climbs 18% YoY to ₹6,918 Crore

Axis Bank posted an 18% year-on-year increase in net profit for Q2 FY25, amounting to ₹6,918 crore, up from ₹5,864 crore in the corresponding period last year. The rise was supported by higher core lending income, reflecting strong credit demand during the quarter. The private lender’s net interest income grew nearly 10% to ₹13,533 crore,

Axis Bank Q2 FY25 Results: Net Profit Climbs 18% YoY to ₹6,918 Crore Read More »

Infosys Q2 FY25 Results: Net Profit Rises to ₹6,506 Crore, Misses Estimates

Infosys Q2 FY25 Results: Net Profit Rises to ₹6,506 Crore, Misses Estimates

Infosys reported a 2.2% increase in net profit for Q2 FY25, reaching ₹6,506 crore, up from ₹6,368 crore in the previous quarter. The company’s revenue for the July-September period grew by 4.2% sequentially to ₹40,986 crore. Despite the growth, the results fell short of market expectations, with a Moneycontrol poll predicting net profit at ₹6,769

Infosys Q2 FY25 Results: Net Profit Rises to ₹6,506 Crore, Misses Estimates Read More »

Nestlé India Q2 FY25 Results: Net Profit Dips to ₹899 Crore, Revenue Up 1.3%

Nestlé India Q2 FY25 Results: Net Profit Dips to ₹899 Crore, Revenue Up 1.3%

Nestlé India’s net profit for Q2 FY25 dropped slightly to ₹899 crore from ₹908 crore a year ago. Revenue increased by 1.3% to ₹5,104 crore, compared to ₹5,037 crore in the same period last year. The company faced high commodity prices, particularly in coffee and cocoa, impacting key brands. Despite this, five of the top

Nestlé India Q2 FY25 Results: Net Profit Dips to ₹899 Crore, Revenue Up 1.3% Read More »

Bank of Maharashtra Q2FY25 Net Profit Rises 44% to Rs 1,327 Crore

Bank of Maharashtra Q2FY25 Net Profit Rises 44% to Rs 1,327 Crore

Bank of Maharashtra reported a consolidated net profit of Rs 1,327.08 crore for the second quarter of FY25, marking a significant increase of 44.28% compared to Rs 919.75 crore in the same period last year, according to a stock exchange filing on October 15. Sequentially, the net profit showed a slight improvement from Rs 1,293.68

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HCL Tech Reports 11% Rise in Q2 Net Profit to Rs 4,235 Crore, Declares Rs 12 Dividend

HCL Tech Reports 11% Rise in Q2 Net Profit to Rs 4,235 Crore, Declares Rs 12 Dividend

HCL Technologies posted an 11% year-on-year increase in net profit for Q2 FY25, reaching Rs 4,235 crore, surpassing market expectations. The company’s revenue for the July-September 2025 quarter rose by 8.2% year-on-year to Rs 28,862 crore. Sequentially, net profit dipped slightly by 0.5%, while revenue saw a 3% increase. The numbers beat estimates, with a

HCL Tech Reports 11% Rise in Q2 Net Profit to Rs 4,235 Crore, Declares Rs 12 Dividend Read More »

IREDA Shares Climb After Strong Q2 Earnings; Stock Up 125% YTD

IREDA Shares Climb After Strong Q2 Earnings; Stock Up 125% YTD

Shares of Indian Renewable Energy Development Agency (IREDA) rose on October 11 following the release of its strong second-quarter earnings report. The company’s net profit jumped 36 percent year-on-year (YoY) to ₹387.75 crore, driven by higher revenues, reinforcing investor confidence. Total income from operations surged 38 percent YoY to ₹1,630.38 crore, while the company’s net

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Ashoka Metcast Shares Hit 20% Upper Circuit After Q2 Profit Surges 894% YoY

Ashoka Metcast Shares Hit 20% Upper Circuit After Q2 Profit Surges 894% YoY

Shares of Ashoka Metcast surged by 20 percent on October 11, reaching the upper circuit, following the announcement of an impressive 894.29 percent year-on-year (YoY) jump in net profit to ₹3.48 crore for the quarter ended September 2024. The company also saw a significant increase in sales, growing 142.47 percent YoY to ₹14.33 crore. In

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TCS Q2 FY25 Net Profit Dips to Rs 11,909 Crore, Declares Rs 10 Dividend

TCS Q2 FY25 Net Profit Dips to Rs 11,909 Crore, Declares Rs 10 Dividend

Tata Consultancy Services (TCS) posted a 1.1% quarter-on-quarter (QoQ) drop in net profit for Q2 FY25, amounting to Rs 11,909 crore, falling short of market expectations. Revenue rose to Rs 64,259 crore for the same period. The IT giant announced a second interim dividend of Rs 10 per share, with a record date of October

TCS Q2 FY25 Net Profit Dips to Rs 11,909 Crore, Declares Rs 10 Dividend Read More »

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