Page 30 - Q2 Results

India Inc earnings hit record Rs 2.4 trillion in September quarter

Banks, oil & gas, metal firms lead 46.4% rise in profit in Q2

After bumper listing, Nykaa reports 96% decline in Q2 net profit

Revenue up 47% YoY to Rs 885 crore

VA Tech WABAG reports consolidated Q2 net profit at Rs 25.93 cr

Water treatment player VA Tech WABAG Ltd has reported consolidated profit for the quarter ending September 30, 2021 at Rs 25.93 crore.

LIVE: India needs collaboration to solve air pollution problem, say experts

Latest live news: India's environment and climate minister says the phrase reflects the "national circumstances of emerging economies.

Nalco reports seven-fold jump in profit to Rs 747.80 crore in Q2

Nalco on Friday reported the almost seven-fold rise in consolidated profit at Rs 747.80 crore for the quarter ended September 30

Manappuram Finance posts 8.8% decline in consolidated profit in Jul-Sep

The board of directors of the company at its meeting approved payment of interim dividend of Rs 0.75 per share

Fino Payments Bank reports 74% jump in profit for Sept quarter

Recently listed Fino Payments Bank on Saturday reported a 74 per cent jump in its net profit to Rs 7.89 crore in the quarter ended in September 2021. The bank had posted a net profit of Rs 4.52 crore in the year ago same period. Revenue of the bank grew by 35 per cent year-on-year to Rs 242.15 crore on the back of a growth of 32 per cent in transaction revenue, 43 per cent in subscription income and 35 per cent in open banking, Fino Payments Bank said in a regulatory filing. The bank completed its initial public offer (IPO) and listed its shares on November 12, 2021 on NSE and BSE. Current account and savings account (CASA) subscription revenue grew by 78.3 per cent on the year while subscription yield increased from Rs 402 per account in Q2FY21 to Rs 481 per account in Q2FY22, it said. "Our growth momentum in transaction volumes and throughput continues to be strong. Consumer behaviour towards convenience banking is gaining impetus," Rishi Gupta, CEO & Managing Director ...

Sterling and Wilson Solar reports Rs 284 cr loss for Sept quarter

Sterling and Wilson Solar (SWSL) on Saturday reported a consolidated net loss of Rs 284.35 crore for September quarter 2021-22. The company had logged a consolidated net profit of Rs 15.09 crore in the year-ago period, a BSE filing stated. Total income rose to Rs 1,469.74 crore in the quarter as against to Rs 1,375.94 crore in the same period a year ago. "Our unexecuted order book as on November 13, 2021 (before adjusting for revenue post 30th September 2021) stands at Rs 6,730 crore. The company's revenue from operations for H1FY22 (April-September) stood at Rs 2,633 crore," the company said in a statement. However, the profitability continues to remain impacted due to challenging environment across the entire solar industry value chain, it added. Amit Jain, Global CEO, SWSL said,SWSL will immensely benefit from Reliance Group's integrated new energy vision which will further strengthen our position as a leading EPC and O&M player globally." SWSL, with its engineering talent,

Ipca Labs second quarter net profit declines 6% to Rs 250 crore

The board declared an interim dividend of Rs 8 per share

Hero MotoCorp Q2 net profit declines 22% to Rs 748 cr; revenue falls 10%

The firm said its electric vehicle (EV) project is in the advanced stages

Coal India Q2 net profit almost flat at Rs 2,937 cr; revenue rises 10%

The firm accounts for over 80 per cent of the total domestic coal output

Ashok Leyland Q2 net loss narrows to Rs 83 crore YoY, revenue up 57%

During the quarter, the company's raw material cost increased by 61 per cent from Rs 1,922 crore during Q2FY21 to Rs 3,093 crore in Q2FY22

Zee Media Corp reports Q2 net loss at Rs 102.67 cr; revenue up 37.8%

Zee Media Corporation on Friday reported a consolidated net loss of Rs 102.67 crore for the second quarter ended September 30

SpiceJet's Q2 net loss widens to Rs 562 cr; total income rises 19%

Budget carrier SpiceJet on Friday reported widening of net loss to Rs 561.7 crore for the quarter ended September 2021. It incurred a net loss of Rs 112.6 crore in the corresponding period of the previous financial year. Total income was Rs 1,538.6 crore in the second quarter of 2021-22. It was Rs 1,292.9 crore in the year-ago period, the company said in release. Total expenses increased to Rs 2,100.4 crore in the period under review from Rs 1,405.6 crore in the second quarter of 2020-21. The airline had incurred a net loss of Rs 729 crore in the first quarter of the current financial year. "With the nationwide vaccination drive growing at an unprecedented pace across geographies, there is a significant jump in travel demand and we are very excited about the demand recovery," Ajay Singh, Chairman and Managing Director, SpiceJet, said. "The settlement with key lessors, the return of the 737 MAX in the current quarter (Q3), transfer of the logistics business and some very signific

McLeod Russel records 19.3% drop in net profit to Rs 122.62 crore

Revenues from operations stood at Rs 493.86 crore in the quarter compared to Rs 498.97 crore in the same period last year

High Sept qtr EBITDA sustainable amid high energy prices: Tata Steel MD-CEO

In a telephonic Q&A, T V Narendran talks about the strengthening domestic demand in the remaining part of the fiscal and the firm's plan to offer captive ore for open market sale

Grasim Q2 net up 41% to Rs 1,359 cr, revenue up 26% to Rs 22,564 cr

Birla co buys land in 5 locations for paint business

Hindalco profit jumps 9x to record high on low base, Novelis' showing

On a sequential basis, the company's net profit increased 23 per cent in the period under review on the back of increased revenues

Vodafone Idea loss narrows slightly to Rs 7,132 crore; sees ARPU rise

Revenue falls 12.8% YoY but rises 2.8% sequentially

At Rs 18,348 cr, ONGC's Q2 profit highest in a quarter for any Indian firm

ONGC's total crude oil output dipped 3.8 per cent to 5.47 million tonnes while gas production stood 7 per cent lower at 5.467 billion cubic metres