Page 59 - Q2 Results

BPCL Q2 net profit jumps 58% to Rs 2,589.52 cr due to lower expenses

The company expects year-on-year demand growth of petroleum products, like diesel and petrol, in the March quarter

Vodafone Idea Q2 revenue declines 0.5% as subscriber losses hurt

Consolidated loss came in at Rs 7,218 crore ($976.16 million) for the period ending Sept. 30, compared with a loss of Rs 50,922 crore a year earlier

BPCL Q2 net profit jumps 58% on refining margins, inventory gains

Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported 58 per cent jump in September quarter net profit on the back of inventory gains and a rise in refining margin

Top headlines: Maruti Q2 profit up 2%, SP Group claims stake in Tata firms

India's front line health workers will be the first to be inoculated once an effective vaccine is available. More headlines in our evening roundup.

AU Small Finance Bank net profit rises 14% to Rs 196 crore in Sept quarter

AU Small Finance Bank on Thursday said its net profit in September quarter of the current fiscal year rose by 14 per cent to Rs 196 crore. The company had reported a net profit of Rs 172 crore for the corresponding quarter of 2019-20. AU Small Finance Bank said the net profit in the quarter is excluding the profit on sale of equity stake in Aavas Financier. The income from the sale of equity in Aavas was Rs 144 crore. Total income during July-September 2020-21 jumped 40 per cent to Rs 846 crore as against Rs 602 crore in the same quarter of 2019-20, it said in a release. "The on-ground situation has considerably improved in Q2FY21 and we saw positive momentum across all key metrices which include our Digital Banking journey, activity levels, collection efficiencies, retail deposits, and disbursements. "Various pro-active initiatives taken by the government and RBI have helped mitigate the pandemic impact on borrowers. Further, AU Bank remains actively engaged to help affected ...

Havells Q2 net up 82% to Rs 326 crore, sales up 10% at Rs 2,459 crore

Consumer electrical goods maker Havells India Ltd on Thursday reported an increase of 81.97 per cent in its consolidated net profit at Rs 326.36 crore for the second quarter ended September 2020. The company had posted a consolidated net profit of Rs 179.34 crore in the July-September quarter a year ago, Havells said in a regulatory filing. Its revenue from operations was up 10.16 per cent to Rs 2,459.49 crore during the period under review, as against Rs 2,232.65 crore in the corresponding period last fiscal, the company said. "We are encouraged with the pace and extent of demand recovery. Consumer & Residential demand is robust, however Industrial & Infrastructure sales remain sluggish though trending towards a gradual recovery," Havells India Chairman and Managing Director Anil Rai Gupta said. He further noted that "our initiatives in rural, online and channel engagement have well delivered," he added. Havells total expenses were at Rs 2,113.92 crore, as against Rs 2,055.55

IndiGo Q2 net loss narrows to Rs 1,195 crore QoQ, revenue jumps 257%

The low cost carrier's revenue jumped 257 per cent sequentially to Rs 2,704.9 crore from Rs 766.7 crore reported in Q1FY21

Bank of Baroda back in the black in Q2, reports net profit of Rs 1,679 cr

In the previous quarter of the current fiscal (Q1FY21), the lender had incurred a loss worth Rs 864.26 crore

Arvind reports Q2 net loss of Rs 5.86 crore over Covid-19 impact

Textile major Arvind Ltd on Thursday reported a consolidated net loss of Rs 5.86 crore for the quarter ended on September 30, 2020, impacted by the Covid-19 pandemic

L&T, Axis Bank, Bharti Airtel: Trading strategies for stocks post Q2 result

As long as Bharti Airtel's stock is able to defend Rs 440-mark, the upside bias may lead to upward rally towards Rs 480 and Rs 510 levels

Cost controls power Orient Electric's six-fold jump in quarterly profit

The electrical appliances maker posted a net profit of about Rs 32 crore, while expenses fell nearly 9 per cent

Cognizant net profit falls 30% to $348 mn in Q3; revenue flat at $4.2 bn

The highest growth in revenue during the quarter came from healthcare vertical which grew 4.8 per cent to $1,231 million

Orient Electric rallies 9% on strong September quarter results

The company reported a nearly seven-fold jump in net profit at Rs 32.4 crore in Q2FY21.

Here's what to expect from Maruti Suzuki's Q2 results today

According to recent sales data, Maruti sold 3.9 lakh units, comprising 3.70 lakh units in domestic and 22,511 units in exports, during the quarter under review

Air India Express reports highest-ever net profit at Rs 412.77 crore

Air India's low-cost international subsidiary Air India Express reported its highest-ever net profit, at Rs 412.77 crore for the financial year 2019-20

Rebound in demand helps UltraTech Cements lead over peers in Sept qtr

Ambuja, ACC also put up good showing, which has led to a significant earnings upgrade for the trio

Titan Company: Recovery in jewellery biz restricts hit to Q2 performance

Revenue growth, however, could stabilise once recovery picks up

Healthy growth in India, US helps Dr Reddy's post strong Q2 performance

Wockhardt buy, Covid portfolio aid India business growth

RBL Bank Q2 net up 165% to Rs 144 cr on higher NII, dip in provisions

Net interest margin flat at 4.34%, other income up 3% to Rs 456 cr

CG Power net profit at Rs 109 cr in Sept quarter, total income at Rs 673 cr

The company had suffered a net loss of Rs 1,595.21 crore in the corresponding period of the previous financial year, according to a BSE filing