Page 38 - Q2 Results
Bandhan Bank reports net loss of Rs 3,008 cr in Q2 on higher provisioning
Shares of Bandhan Bank closed 2.36 per cent down at Rs 291.50 apiece on BSE.
 "Bandhan Bank reports net loss of Rs 3,008 cr in Q2 on higher provisioning")
Embassy REIT second quarter operating income up 30% at Rs 624 cr
Embassy REIT gave on lease 7.13 lakh square feet of office space during the second quarter of the current financial year
 "Embassy REIT second quarter operating income up 30% at Rs 624 cr")
Ajanta Pharma second quarter profit rises 15% to Rs 196 crore
Shares of the company were trading 1.17 per cent down at Rs 2,102.80 apiece on the BSE
 "Ajanta Pharma second quarter profit rises 15% to Rs 196 crore")
Exide Industries Q2 consolidated net dips 24% at Rs 194 crore
The battery maker had reported a net profit after tax of Rs 256.62 crore in the corresponding quarter of the preceding fiscal
 "Exide Industries Q2 consolidated net dips 24% at Rs 194 crore")
Branded formulations drive Eris Lifesciences' Q2 PAT up by 10% to Rs 118 cr
Revenue from operations grow 9% YoY to Rs 360 crore
 "Branded formulations drive Eris Lifesciences' Q2 PAT up by 10% to Rs 118 cr")
Banks, IT drag Sensex 678 pts down, Nifty gives up 17,700; IRCTC falls 8%
The BSE Sensex has now shed 5 per cent (2,938 points) from its recent peak of 62,245. The Nifty has declined 3.8 per cent (677 points) in the last two weeks.
 "Banks, IT drag Sensex 678 pts down, Nifty gives up 17,700; IRCTC falls 8%")
CarTrade slips 7%, stock at new low on second straight quarterly loss
For H1FY22, CarTrade Tech posted net loss of Rs 81.47 crore against a net profit of Rs 63.57 crore during the same period of FY21
 "CarTrade slips 7%, stock at new low on second straight quarterly loss")
RBL Bank tanks 15% on disappointing Q2 nos, stock down 37% from 52-wk high
The management said the bank is confident of reverting to normalised levels of business, growth and profitability from the current (Q3) quarter itself
 "RBL Bank tanks 15% on disappointing Q2 nos, stock down 37% from 52-wk high")
Private banks' Q2 profit soars 26% as economy shows signs of recovery
Helped by lower provisions and contingencies, which fell 26%; asset quality was broadly stable with 1% rise in GNPAs
 "Private banks' Q2 profit soars 26% as economy shows signs of recovery")
Stocks to Watch: IRCTC, Airtel, SBI Cards, DLF, Tata Power, Lupin, Escorts
IRCTC and Bharti Airtel could be in focus owing to negative news flow, apart from the stocks that are likely to react to corporate earnings
 "Stocks to Watch: IRCTC, Airtel, SBI Cards, DLF, Tata Power, Lupin, Escorts")
IndiGo Q2 results: Loss widens 20% to Rs 1,435 cr on rising crude oil
Expects strong traffic but high fuel prices cloud revenue recovery
 "IndiGo Q2 results: Loss widens 20% to Rs 1,435 cr on rising crude oil")
Tata Power second quarter net profit jumps 36% to Rs 506 crore
The company's focus continues to remain towards the expansion of its Renewable and Distribution businesses and go green strategy in the existing generation business
 "Tata Power second quarter net profit jumps 36% to Rs 506 crore")
JK Tyre profit falls 41% in September quarter on back of rising input costs
Revenue from operations rose 31 per cent to Rs 2,986.66 crore year-on-year
 "JK Tyre profit falls 41% in September quarter on back of rising input costs")
Drug maker Lupin reports consolidated net loss of Rs 2,098 cr in Q2
Drug maker Lupin on Thursday reported a consolidated net loss
 "Drug maker Lupin reports consolidated net loss of Rs 2,098 cr in Q2")
Karnataka Bank's net profit up 5% at Rs 126 crore in September qtr
Private sector Karnataka Bank on Thursday reported a moderate rise of 5.17 per cent in its net profit at Rs 125.61 crore in the second quarter ended September 2021.
 "Karnataka Bank's net profit up 5% at Rs 126 crore in September qtr")
DLF Q2 net profit jumps 66% to Rs 378 cr; sales bookings up 77%
According to the company, with increasing volumes and well calibrated price hikes, it expects further margin expansion for its projects
 "DLF Q2 net profit jumps 66% to Rs 378 cr; sales bookings up 77%")
Adani Green's profit jumps six fold to Rs 100 cr in Q2FY22
Total income doubles, energy sales up 54% to nearly four billion units
 "Adani Green's profit jumps six fold to Rs 100 cr in Q2FY22")
Mahindra Finance Q2 net jumps over three-fold to Rs 1,103 crore
Mahindra & Mahindra Financial Services (Mahindra Finance) on Thursday reported an over three-fold rise in consolidated net profit at Rs 1,103 crore for the September quarter, boosted by healthy operating performance and reversal of impairment cost. The company had posted a net profit of Rs 353 crore in the corresponding quarter of last year. Total income declined by 4 per cent to Rs 2,951 crore during the quarter ended September 30, 2021, as against Rs 3,071 crore in the year-ago period, Mahindra Finance said in a release. "Healthy operating performance together with reversal of impairment cost led to a significant sequential recovery in profits after tax which stood at Rs 1,023 crore during the quarter as against PAT of Rs 304 crore during the corresponding quarter last year," it said. Standalone income was down by 5 per cent at Rs 2,522 crore. The gross NPA showed smart recovery from 15.5 per cent in June to 12.7 per cent in September, thereby releasing Rs 1,002 crore from the .
 "Mahindra Finance Q2 net jumps over three-fold to Rs 1,103 crore")
RBL Bank Q2 net profit plummets 78% as asset quality slides
RBL Bank on Thursday reported a 78 per cent decline in its September quarter net profit at Rs 31 crore on a jump in asset quality issues but guided towards a better second half with better ratios.
Airtel Africa Q2 net profit more than doubles to $192 million
Airtel Africa profit after tax more than doubled to USD 192 million in the second quarter ended September 30, but concerns around COVID-19 remain
 "Airtel Africa Q2 net profit more than doubles to $192 million")
