Results

Ambuja Cements' Q2 Profit Drops 42% to Rs 456 Crore Due to Weak Prices and Demand

Ambuja Cements’ Q2 Profit Drops 42% to Rs 456 Crore Due to Weak Prices and Demand

/ Results

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% […]

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Sun Pharma's Q2 Profit Surges 28% to Rs 3,040 Crore

Sun Pharma’s Q2 Profit Surges 28% to Rs 3,040 Crore

/ Results

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

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Bharat Electronics' Q2 Net Profit Rises 34% YoY; Order Book at Rs 74,595 Crore

Bharat Electronics’ Q2 Net Profit Rises 34% YoY; Order Book at Rs 74,595 Crore

/ Results

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

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IndusInd Bank Q2 Net Profit Declines 40% YoY to Rs 1,331 Crore, Misses Estimates Due to Higher Provisions, Costs

IndusInd Bank Q2 Net Profit Declines 40% YoY to Rs 1,331 Crore, Misses Estimates Due to Higher Provisions, Costs

/ Results

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

IndusInd Bank Q2 Net Profit Declines 40% YoY to Rs 1,331 Crore, Misses Estimates Due to Higher Provisions, Costs Read More »

ACC Q2 Results: Net Profit Drops 49% Amid Rising Costs and Low Cement Prices

ACC Q2 Results: Net Profit Drops 49% Amid Rising Costs and Low Cement Prices

/ Results

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,

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Bajaj Finserv Q2 Profit Rises 8% on Strong Interest and Insurance Income

Bajaj Finserv Q2 Profit Rises 8% on Strong Interest and Insurance Income

/ Results

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

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