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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 […]

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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

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Gujarat Pipavav Shares Drop 5% After Q2 Business Update Disappoints

Gujarat Pipavav Shares Drop 5% After Q2 Business Update Disappoints

Shares of Gujarat Pipavav Ports fell over 5 percent on October 7 after the company reported a disappointing business update for the July-September quarter. The port operator saw a significant drop in both container and dry bulk volumes, which contributed to the stock’s sharp decline. Total container volumes for Q2 fell 17 percent year-on-year to

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Ola Electric Reports Q1 FY25 Net Loss of ₹347 Crore Despite 32% Revenue Growth

Ola Electric Reports Q1 FY25 Net Loss of ₹347 Crore Despite 32% Revenue Growth

Ola Electric Mobility reported a net loss of ₹347 crore for the quarter ending June 30, 2024, marking a 30% increase in losses from ₹267 crore in the same period last year. However, the company, which recently made its debut on the stock market, saw its consolidated revenue from operations rise by 32% year-on-year to

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Marksans Pharma Surges 13% After Strong Q1 Performance Boosts Investor Confidence

Marksans Pharma Surges 13% After Strong Q1 Performance Boosts Investor Confidence

Marksans Pharma share edged 13 per cent higher in opening deals today, August 14, 2024, after the company posted strong numbers for the April-June quarter of FY25. The stock was at ₹202.18 on the NSE at 11:54 AM, near its intraday high of ₹213. Its stellar earnings report saw a sharp rise in trading volume

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