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 »
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 »
