Page 32 - Q2 Results

Q2 earnings: Inflationary pressure is far from over for India Inc

September quarter results were a mixed bag for India Inc. While the combined net profit of consumer goods companies declined, profits for financials and commodity producers rose sharply

TMS, Ep 41: Fate of crypto, Falguni Nayar, Q2 results, and F&O trading

How will RBI's tough stance shape the fate of cryptocurrencies? How did Falguni Nayar become India's most successful entrepreneur? What is F&O, and how does it differ from equity trading? Answers here

Piramal Enterprises consolidated net profit down 32% to Rs 426 crore

The total income for the reporting quarter was down 3 per cent to Rs 3,234 crore from Rs 3,339 crore in Q2FY21

Zee Entertainment profit up 187% to Rs 270 crore in Sept quarter

The firm had reported net profit of Rs 94 crore in the same period a year ago

Q2 results: Tata Steel beats Tata Consultancy Services in net profit

Tata Steel reported consolidated net profit of Rs 11,833 crore during the September quarter (Q2) against TCS' consolidated profit of Rs 9,624 crore in the second quarter

Tata Steel Q2 results: PAT rises eight-fold to Rs 11,918 crore

The company is looking to deleverage around Rs 12,000 crore this year, depending on cash flows. It had deleveraged Rs 11,800 crore last year

Amid widening losses, strong user addition drives growth for Zomato in Q2

Despite widening losses, stock gains on top-line showing, acquisition plans

PTC India net profit rises 1% at Rs 195 crore in September quarter

The company on Thursday posted a marginal rise in consolidated net profit

Ajmera Realty profit up 48% to Rs 11.43 crore in September quarter

Ajmera Realty & Infra India Ltd on Thursday reported a 48 per cent increase in its consolidated net profit at Rs 11.43 crore for the quarter ended September. Its net profit stood at Rs 7.70 crore in the year-ago period. Total income fell to Rs 100.08 crore in the second quarter of this fiscal year from Rs 109.32 crore in the corresponding period of the previous year. Net profit more than doubled to Rs 21.69 crore during the first six months of this fiscal year from Rs 9.80 crore in the corresponding period of the previous year. Total revenue rose to Rs 235.35 crore during the April-September period of this fiscal year from Rs 149.48 crore in the year-ago period. Dhaval Ajmera, Director Ajmera Realty & Infra India, said: "The improved pandemic scenario and the low home loan rates have provided the required traction to our ready-to-move and under-construction projects. We are on the path of debt reduction." The company plans to launch three new projects this year to continue its

Top headlines: Tata Steel Q2 PAT surges 661%; ZEEL Q2 net profit rises 187%

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Piramal Enterprises Q2 net profit declines 32% to Rs 426 crore

Piramal Enterprises on Thursday reported a 32.12 per cent decline in consolidated net profit at Rs 426.49 crore for the quarter ended September

Power Finance Corporation net profit rises 17% to Rs 5,023 cr in Q2

State-owned Power Finance Corporation on Thursday posted a 17 per cent rise in its consolidated net profit to Rs 5,023.42 crore in the September quarter, mainly on the back of higher revenues

Garware Hi-Tech Films Q2 net profit rises 14.7% to Rs 43.34 crore

The company's total revenue during the quarter under review rose 36.28 per cent to Rs 339.62 crore

BGR Energy Systems post Rs 2.65 cr net profit in September quarter

The company on Thursday posted a consolidated net profit due to higher revenues

Galaxy Surfactants' consolidated Q2 PAT declines 49% to Rs 42 crore

Speciality chemicals maker Galaxy Surfactants on Thursday reported a 48.9 per cent decline in consolidated profit after tax (PAT) to Rs 42 crore for the September 2021 quarter. The company's consolidated PAT for the corresponding period of previous fiscal stood at Rs 82 crore, Galaxy Surfactants said in a statement. Its total revenue during July-September 2021 grew 22 per cent to Rs 882 crore, compared with Rs 723 crore in the year-ago period. "This has been a challenging quarter for us. While the demand scenario remains intact and robust, our ability to service the same got seriously impinged in this quarter. "While quarter-on-quarter, the volumes have de-grown marginally by 2 per cent, y-o-y, we have registered a decline of seven per cent," Galaxy Surfactants Managing Director U Shekhar said. The second quarter began with availability issues with respect to Lauryl Alcohol (sourced from SE Asia which was majorly shut due to the pandemic) and Ethylene Oxide, the two key feedstocks

Indiabulls Housing Finance Q2 net profit down 11% to Rs 286 crore

The comapny disbursed retail loans of Rs 325 crore in the month of September 2021 through its co-lending tie-ups

Brigade Enterprises back in the black in Q2, revenue up 141% at Rs 776 cr

The firm saw Rs 831 crore in sales value in Q2, up 73% YoY

Apparel manufacturer Page Industries Q2 profit up 45% to Rs 160 cr

Apparel manufacturer Page Industries Ltd on Thursday reported 44.76 per cent rise in net profit at Rs 160.48 crore for the second quarter ended September 30, 2021.

Godrej Consumer Q2 net profit rises 4.5% to Rs 479 cr, net sales up 9%

FMCG major Godrej Consumer Products Ltd (GCPL) on Thursday reported a 4.55 per cent increase in its consolidated net profit to Rs 478.89 crore for the second quarter ended September 2021. The Godrej group company had posted a net profit of Rs 458.02 crore in the July-September quarter a year ago. Its net sales during July-September 2021 jumped 8.63 per cent to Rs 3,143.61 crore as compared with Rs 2,893.86 crore in the year-ago period, GCPL said in a BSE filing. GCPL's total expenses stood at Rs 2,579.45 crore, a jump of 10.97 per cent as against Rs 2,324.55 crore in the corresponding quarter. Its Executive Chairperson Nisaba Godrej said, "We saw steady sales growth in home care and personal care categories. Home care grew five per cent and personal care continued its strong momentum, growing by 10 per cent. The sub-categories within home care and personal care saw broad-based growth." Its India revenue jumped 9.46 per cent to Rs 1,838.14 crore in July-September, against Rs 1,679.

Monte Carlo Fashions hits 20% upper limit on near 8-fold jump in Q2 net

Further, the company's board has approved incorporation of a wholly-owned subsidiary which will leverage the growth opportunities in the "Home Textiles"