Page 69 - Q2 Results

Greenply Industries Q2 net up 51% to Rs 26 cr, income rises marginally

Greenply Industries' EBITDA increased by 22.1% to Rs 45 crore

M&M pre-tax profit skids 15%, revenue falls 15% as overall sales decline

The Mumbai-based firm remained cautious in its outlook on passenger vehicles amid a prolonged slowdown and disruptions expected the switchover to BSVI emission norms

CCD promoter's death led to liquidity crisis, impacting Q2 results: Sical

The company has reported a pre-tax loss of Rs 43.19 crore for the quarter ended September 30, 2019, compared with a Rs 7.77-crore profit before tax during the same quarter last year

M&M group net income plunges 78% to Rs 368 crore as demand slide continues

Mahindra & Mahindra on Friday said its consolidated net income plummeted 78.44 percent to Rs 368.43 crore in the quarter to September as the volumes fell sharply even though the automaker could maintain strong margins. On a standalone basis, the company did better with a net income of Rs 1,355 crore, down 23.8 percent, thanks to a relatively better show by the tractor arm. Consolidated revenue stood at Rs 23,935.93 crore, down almost 6 percent from a year ago, of which automotive revenue stood at Rs 12,058.79 crore, down from Rs 14,330.54 crore and farm equipment revenue stood at Rs 5,369.89 crore marginally down from Rs 5,451.20 crore, pulling down it pretax profit by over 13.7 percent to Rs 702 crore. During the quarter, its automotive volume dipped 21 percent to 1,10,824 from 1,41,163 units, while tractor sales stood at 68,359 units, down 6 percent from 73,012 units, while the industry volume plunged 10 percent. Despite this, the company marginally improved its ..

IDBI Bank narrows losses to Rs 3,459 cr on higher margins, lower NPAs

Tier 1 capital and CRAR stood at 9.52 percent and 11.98 percent, respectively

Bank of Baroda Q2 net jumps 73% to Rs 737 cr; stock falls 2.3% on BSE

Total income rose to Rs 22,097.91 crore for the second quarter of 2019-20, compared with Rs 13,429.95 crore a year ago

Sun Pharma posts Rs 1,433-crore pre-tax profit in Q2, meets estimates

Mumbai, 7 NovemberSun Pharmaceutical Industries' second quarter (Q2; July-September) results are mostly in line with Street expectations, with pre-tax profit of Rs 1,433.4 crore. It was Rs 111.9 crore in the corresponding quarter last year that was impacted by settlements related to anti-trust litigation on its Modafinil drug in the US. Net profit for the quarter is Rs 1,064 crore, with resulting net profit margin at 13.4 per cent. This is against a net loss of Rs 269.6 crore a year before. Adjusted for the exceptional item of Rs 1,214 crore for Q2 last year (Modafinil settlement), net profit growth was 12.6 per cent, the company said. Sales or income from operations was Rs 7,949 crore, up 16 per cent year-on-year (YoY). The India business saw 35 per cent growth YoY to Rs 2,515 crore, while US finished dosage sales remained flat YoY at $339 million. Taro, the US subsidiary, had sales of $161 mn, up one per cent over Q2 last year. Emerging market sales grew only three per cent to ...

UCO Bank posts pre-tax loss of Rs 892 crore in September quarter

The UCO Bank's total income during the September 2019 quarter increased to Rs 4,533.51 crore

GSK Consumer's pre-tax profit up 6% in Q2 on controlled raw material costs

According to the company, its domestic business grew 7 per cent, backed by Horlicks' and Boost's performance

United Breweries posts 29% decline in Q2 net profit at Rs 114.78 crore

In terms of volume, strong beer sales grew in high single digits, but that of mild beer was flat

Aditya Birla Capital Q2 net profit rises 37% to Rs 256 cr; revenue up 8%

Its overall lending book grew 4 per cent year on year to Rs 60,477 crore as against Rs 57,945 crore

Titan plunges 10% as analysts de-rate stock following weak Q2 results

Titan cut growth guidance for H2FY20 to 11-13%, from 20%, on account of weak outlook for the jewellery business

Weak auto volumes led to sharper revenue decline in Q2 for Bosch

The company reported a 27 per cent fall in turnover, driven by the mobility segment that fell 31 per cent over the year-ago quarter

Emami Q2 pre-tax profit up 11%, misses street forecast due to slowdown

20% growth in international business helps firm post overall revenue growth, firm's brands improve market share despite tepid offtake

High gold prices, soft jewellery demand weigh on Titan's Q2 performance

Topline was flat aided by higher gold prices amidst 14% fall in volumes, PBT was down 3.7%; stock could see some pressure

Ajanta Pharma Q2 net profit dips 7% to Rs 116 crore; stock ends flat

Income from operations rose to Rs 643 crore during the period under review, as compared with Rs 544 crore in the year-ago period

Titan Q2 net profit rises to Rs 312 cr on higher jewellery biz growth

The company's retail chain number stood at 1,668 stores at the end of on September, while retail area crossed 2.1 million square feet nationally for all its brands, Titan Company said.

Son's tech bets to cost Softbank first quarterly loss in 14 years?

TOKYO (Reuters) - SoftBank Group Corp <9984.T> and its founder Masayoshi Son face a day of reckoning on Wednesday when the investment juggernaut is likely to post weak quarterly results, hit by hefty falls in the valuation of some of its biggest tech bets.

Maruti's rich valuations difficult to sustain amid auto sector slowdown

Given the price surge since August, the stock is now trading at over 33 times its estimated FY20 earning per share and 31 times one-year forward estimates

IOC profit before tax falls 83% in Sep quarter on higher inventory losses

The company's net profit was Rs 563.42 crore, as against Rs 3,246.93 crore during the same period in 2018-19