Page 61 - Q2 Results

TV18 Broadcast Q2 net profit up over two-fold to Rs 115.55 crore

Media firm TV18 Broadcast Ltd on Tuesday reported an over two-fold increase in consolidated net profit to Rs 115.55 crore for the September quarter. The company had posted a net profit of Rs 46.55 crore in the July-September period of the previous fiscal, TV18 Broadcast said in a regulatory filing. However, its consolidated revenue from operations dipped 10.14 per cent to Rs 1,012.80 crore for the quarter under consideration, as against Rs 1,127.13 crore in the corresponding period a year ago. Total expenses were at Rs 909.82 crore compared to Rs 1,104.13 crore earlier, down 17.59 per cent. TV18 Broadcast Chairman Adil Zainulbhai said the company's broadcasting businesses have recovered from the impact of the COVID-19 pandemic to a "very large degree". "Our proactive measures on cost-control have resulted in much-improved profitability across both News and Entertainment, despite certain market segments still suffering from pressures due to the coronavirus," he added. Advertisemen

ICICI Prudential Life Q2 net profit marginally up at Rs 303 crore

ICICI Prudential Life Insurance on Tuesday reported a marginal rise in net profit at Rs 303 crore for September quarter of the current fiscal year

MAN Industries Q2 net profit more than doubles to Rs 27.28 crore

Pipe maker MAN Industries (India) Ltd on Tuesday reported more than doubling of its consolidated net profit to Rs 27.28 crore for the quarter ended September 30

Amara Raja Batteries' PAT falls 7.9% to Rs 201.3 crore in Sept quarter

Amara Raja Batteries Ltd on Tuesday reported a 7.93 per cent fall in consolidated profit after tax at Rs 201.27 in the second quarter ended on September 30

Bharti Airtel losses narrow to Rs 763 cr in Sept quarter; revenue up 22%

Telecom operator Bharti Airtel on Tuesday reported substantial narrowing of losses for the second quarter ended September 2020 at Rs 763 crore

Bharti Airtel Q2 loss narrows down to Rs 763 cr; revenue up 22% YoY

The company had posted a loss of Rs 23,044.9 crore in the year-ago period

Higher provisions, loans under recast: Expectations from Axis Bank's Q2 nos

Analysts expect the net profit to come in at Rs 1,740 crore along with pre-provision profit (PPP) at Rs 6,380 crore.

Coforge shares trade firm after promoter sells 6.3% stake

On October 26, 2020, Hulst B.V, the promoter of Coforge, offloaded 3.8 million equity shares, representing 6.3 per cent stake, for Rs 878 crore on the NSE, the bulk deal data shows.

L&T Q2 preview: PAT may fall up to 64.1% YoY; dividend announcement eyed

Emkay Global estimates net sales (revenue) to come in at Rs 34,188.6 crore, down 3.2 per cent on a year-on-year (YoY) basis.

IndiGo, SpiceJet: Lower costs, higher capacity utilisation to boost Q2 nos

Analysts at Centrum Broking note that Brent crude prices declined sharply by 30 per cent YoY, while domestic ATF prices declined 32 per cent YoY, leading to lower fuel costs

PSB Q2 preview: NPA recognition ruling to prevent higher slippages

Analysts pegs SBI's PAT at Rs 3,435.5 crore for the quarter under review, at Rs 517 crore for Bank of Baroda, and at Rs 189 crore for PNB

Finolex Industries surges 9% on healthy September quarter numbers

In Q2FY21, the Ebitda margin improved to 24.7 per cent from 14.2 per in the corresponding quarter of the previous year.

Kotak Mahindra Bank's consolidated PAT up 22% in Q2 to Rs 2,947 cr

Net interest income up 16.8% YoY to Rs 3,913 crore in the reporting quarter, net interest margin 4.52%

Tech Mahindra on track surpass FY20 revenues by fourth quarter: CFO Bhat

The Pune-headquartered firm is also close to reaching pre-Covid 19 levels in terms of absolute profit, he says

Torrent Pharma Q2 net up 27% despite dip in US and Brazil revenues

Firm's consolidated total revenue for the quarter, however, fell marginally by 0.7% to stand at Rs 2,023 crore

Torrent Pharma Q2 profit up 27% at Rs 310 cr on robust sales, low expenses

The company had posted a net profit of Rs 244 crore for the corresponding period of the previous fiscal, Torrent Pharmaceuticals said in a filing to BSE

CDSL reports 68% jump in profit after tax at Rs 48.87 cr for Sept quarter

In comparison, the depository had posted a profit after tax (PAT) of Rs 29.06 crore in the same quarter preceding fiscal, Central Depository Services (India) Limited or CDSL said in a statement

Tech Mahindra slips over 2% after Q2 result; should you buy the stock?

The company, on Friday, reported a 5.3 per cent year-on-year (YoY) decline in its net profit at Rs 1,064 crore for the September quarter.

Bajaj Auto rides on Pulsar, KTM to soften pandemic blow on Q2 numbers

Brisk Pulsar 125cc sales cushion firms' margins, even as net profit dips 19% on lower volumes

IDBI Bank Q2 net profit at Rs 324 cr vs Rs 3,459 cr loss a year ago

Net interest income up 4% to Rs 1,695 cr, NIM improves by 37 bps to 2.7%