Page 49 - Q2 Results

Samsung Electronics forecasts strong chip demand as Q2 profit jumps

The world's top maker of memory chips and smartphones posted a 54% jump in operating profit for the second quarter, its strongest result in more than two years

Nestle India Q2 PAT rises 11% YoY to Rs 539 crore, misses estimates

The FMCG major's revenue from operations for the quarter under review came in at Rs 3,476.7 crore as against Rs 3,050.48 crore posted in the corresponding quarter last fiscal

Schaeffler India rallies 20% in two days on strong June quarter results

As the Covid-19 wave-2 subsides and the consumer sentiments improve, the management is optimistic the market would come back on a faster growth trajectory

Blackstone doubles second quarter earnings on surging asset sales

Blackstone's shares rose 4.5% on Thursday morning, pushing its market capitalization to a record high of $131 billion, overtaking Goldman Sachs Group Inc, another Wall Street heavyweight

Unilever second quarter underlying sales rise 5%, beats estimates

Unilever Plc on Thursday reported higher-than-expected underlying sales growth for the second quarter and first half as consumers cooked more meals at home

ACC surges 7%, hits new high on strong operational performance in Q2

The company's Ebitda (earnings before interest, taxes, depreciation, and amortization) margins expanded 233 basis points (bps) quarter-on-quarter to 22.4 per cent due to higher realisations

ACC Q2 net profit up two-fold to Rs 569 cr; revenue up 49% to Rs 3,885 cr

Cement maker ACC Ltd on Monday reported an over two-fold jump in consolidated net profit to Rs 569.45 crore for the second quarter ended June 2021

German automaker Daimler reports Q2 preliminary adjusted EBIT of $6.42 bn

Mercedes-Benz maker Daimler AG on Thursday reported preliminary adjusted group EBIT of $6.42 billion for the second quarter, with car and truck divisions beating analyst targets

Tata Metaliks Ltd shares climb over 8% after June quarter earnings

Shares of Tata Metaliks Ltd jumped over 8% after the firm reported a net profit of Rs 94.72 crore for the quarter ended June 30, 2021.

PepsiCo reports double-digit Q2 growth in India despite Covid second wave

Global food and beverage major PepsiCo on Tuesday reported double-digit growth in India in second quarter, despite the market being severely hit by the second wave of the pandemic.

Nokia plans to raise full-year outlook, citing strong second quarter

Nokia said on Tuesday it planned to raise its full-year outlook as business picked up pace in the second quarter, improving its expectations for the year

Hyundai, Kia expected to log sharp rebound in operating profit in Q2

Hyundai Motor and its affiliate Kia are set to report a sharp rebound in operating profit for second quarter on strong demand for their vehicles that offset output disruptions by chip shortages

Samsung Electronics flags 53% jump in Q2 profit, topping estimates

Revenue rose an estimated 19% from the same period a year earlier to 63 trillion won, Samsung said in a short preliminary earnings release

Samsung Electronics Q2 profit likely up 38% on strong chip prices

Samsung Electronics likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics

LG Electronics set to post strong Q2 earnings on home appliance biz

LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results

After a washed-out Q1, bankers hope to cash in on revival starting July

Demand expected to rise, but more gradually than last year

Q2 countdown: Pause over, India's consumption story moving fast again

Unlock, good monsoon, better pace of vaccination and rural demand could galvanise recovery

Despite Covid-19 pandemic, India Inc scripted a smart turnaround

Profit growth in the last two quarters has been one of the highest ever and recovery in earnings has been broad-based, rekindling hopes of a new cycle of growth for India Inc

One year of lockdown: A roller coaster ride continues for India Inc

While the lockdown shaved off revenues in most sectors, with the exception of financial services and IT, the decline in profits was even sharper

Procter & Gamble second quarter net profit jumps 84% to Rs 250.62 cr

FMCG firm Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported an 84.37 per cent increase in its net profit to Rs 250.62 crore for the second quarter ended December 2020. The company, which follows July-June financial year, had posted a net profit of Rs 135.93 crore in the corresponding quarter previous fiscal, Procter & Gamble said in a regulatory filing. Its revenue from operations surged 18.52 per cent to Rs 1,018.44 crore during the period under review as against Rs 859.27 crore in the October-December period last fiscal. "Both the feminine care and healthcare business delivered strong double-digit growth in the quarter and grew ahead of category," the company said in an earnings statement. The company has delivered double-digit profit growth for the second consecutive quarter this year, its Managing Director Madhusudan Gopalan said. "The growth was driven by the strength of our trusted product portfolio, strong retail execution and strong market recovery in .