Articles for Q2 Growth

Q2 growth ‘a temporary blip’, no generalised slowdown in factories, Finance Minister asserts
6 days ago

Q2 growth ‘a temporary blip’, no generalised slowdown in factories, Finance Minister asserts

The Hindu  

Finance Minister Nirmala Sitharaman on Tuesday dismissed concerns about a cyclical growth slowdown and a generalised downturn in India’s manufacturing sector, terming the disappointing 5.4% second quarter growth numbers as a ‘temporary blip’ caused by a multitude of factors, including the conduct of the general elections and the alignment of festival calendars this year compared to 2023-24. Responding to the …

Food India Minister Quarter Sitharaman Q2 Growth
Swiggy share price jumps 7% after Q2 results. Should you buy or avoid?
Trending News
2 weeks, 5 days ago

Swiggy share price jumps 7% after Q2 results. Should you buy or avoid?

India Today  

Shares of Swiggy surged nearly 7% on Wednesday to touch Rs 534.85 on the Bombay Stock Exchange after the company announced robust Q2 FY25 earnings, driven by strong performance in food delivery and quick commerce. The food delivery business achieved adjusted EBITDA profitability of Rs 112 crore at a 1.6% margin, with GOV rising 5.6% QoQ to Rs 7,191 crore. …

Food Delivery Company Quick Commerce Crore Yoy Gov
These companies post over 45% YoY rise in Q2 profits even as downgrades increase
1 month ago

These companies post over 45% YoY rise in Q2 profits even as downgrades increase

Live Mint  

In its latest earnings review, Motilal Oswal Financial Services observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year decline. Hindalco: Aditya Birla Group’s Hindalco Industries Ltd reported an impressive 123.3 per cent YoY increase in net profit, reaching ₹1,891 crore for Q2 FY25, driven by robust operational performance in its …

Growth Earnings Crore Cent Mosl Companies Post Yoy Rise
Apollo Hospitals’ Q2 profits up 63% on volume, online business growth
1 month, 2 weeks ago

Apollo Hospitals’ Q2 profits up 63% on volume, online business growth

Live Mint  

Apollo Hospitals had a strong September quarter, with its consolidated net income growing 63% year-on-year to ₹379 crore, driven by volume growth in its healthcare services and a lessening of losses in HealthCo, its online pharmacy business. HealthCo, its omnichannel pharmacy business, which includes its online platform Apollo 24/7, also saw a robust growth of 17%. In HealthCo, the firm …

Business Online Hospitals Hospital Revenue Crore Pat
Zomato's Stock Recovers After Volatility, but Analysts Remain Cautious
2 months ago

Zomato's Stock Recovers After Volatility, but Analysts Remain Cautious

India Today  

Zomato's stock experiences volatility in early trade, with a decline of nearly 5% due to profit booking. However, the company's Q2FY25 results are strong, with a 389% surge in profits and a 68% increase in revenue. The stock price eventually rose to Rs 260.15 on the BSE by 10:22 am, after hitting a day low of Rs 242.45. Several brokerages …

Business Law Technology Finance Mumbai
Apple records highest growth as the global PC market continues its recovery in Q2 2024
5 months, 1 week ago

Apple records highest growth as the global PC market continues its recovery in Q2 2024

The Hindu  

The global PC market delivered its second quarter of growth following seven consecutive quarters of decline. Worldwide shipments reached 64.9 million units in the second quarter of 2024 with the overall market benefitting from commercial refresh cycles, hype around AI PCs and promotional activity from consumer-oriented brands, IDC shared in a blog post. While there is buzz around AI, a …

Market Ai Idc
Devyani International Q2 result: Profit falls 43% YoY; opens 68 net new stores
1 year, 1 month ago

Devyani International Q2 result: Profit falls 43% YoY; opens 68 net new stores

Live Mint  

Devyani International on Tuesday, November 7, reported a consolidated profit of ₹33.35 crore for Q2FY24, down 43 per cent against the profit of ₹58.76 crore in the corresponding quarter last year. The company said it expanded its presence across brands and geographies, opening 68 net new stores in Q2FY24, taking the total store count to 1,358. As of September 30, …

India International Crore Store Stores Jaipuria Profit Falls
Lodha share price jumps over 4% on Q2 results boost
1 year, 1 month ago

Lodha share price jumps over 4% on Q2 results boost

Live Mint  

Macrotech Developers share price rose over 4 per cent in intraday trade on BSE on Tuesday, October 31, looking set to extend gains into the third consecutive session. The company on Saturday, said in the seasonally weakest quarter, it saw its best-ever pre-sales performance showing 12 per cent year-on-year growth along with continued debt reduction and robust business development. According …

Price Crore Cent Lodha Lodha Share Price
IndusInd Bank Q2 results preview: Stable margin, healthy growth in revenue
1 year, 2 months ago

IndusInd Bank Q2 results preview: Stable margin, healthy growth in revenue

Live Mint  

IndusInd Bank is likely to announce healthy Q2FY24 earnings with stable margin and asset quality and a healthy year-on-year growth in revenue and profit after tax numbers. In the first quarter of the current financial year, IndusInd Bank reported a standalone net profit of ₹2,123.6 crore, registering a growth of 32.5 per cent from ₹1,603.29 crore in the same quarter …

Growth Bank Interest Healthy Shah Cent Qoq
Bank of Baroda reports 59% YoY growth in Q2 PAT to ₹3,312 cr, gross NPA dips
2 years, 1 month ago

Bank of Baroda reports 59% YoY growth in Q2 PAT to ₹3,312 cr, gross NPA dips

Live Mint  

PSU lender, Bank of Baroda beats street's estimates in the quarter ending September 30, 2022 period with profitability witnessing double-digit growth. In Q2 of the current fiscal, the bank's net interest income which is the difference between interest earned and interest expended, came in at ₹10,174.46 crore in Q2FY23 --- registering a growth of 34.47% from ₹7,565.97 crore in Q2FY22. …

Growth Bank Loan Crore Yoy Deposits Q2Fy23
Why are TCS investors jittery?
2 years, 2 months ago

Why are TCS investors jittery?

Live Mint  

Tata Consultancy Services Ltd’s investors have been jittery, amid worries on demand outlook. TCS’ Q2 results had some soft spots such as moderate hiring and satisfactory but not particularly exciting deal wins. View Full Image Sailing through The promise and perils of flex fuel vehicles Railways might ban Oracle if bribe charge is proved Why this Bengaluru techie shifted 5 …

Management Margin Analysts Ebit Tcs Deal Q2 Growth Investors Jittery
Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%
2 years, 5 months ago

Wipro posts upbeat Q2 guidance at 3-5%; Q1 net profit down 21%

Live Mint  

Wipro Ltd expects revenue for the quarter ended September to be in the range of $2.81-2.87 billion, translating to a sequential growth of 3-5%, faster than the 1-3% it had forecast for the June quarter. The company’s net profit for the June quarter declined 20.7% to ₹2,563 crore from ₹3,232 crore in the year-ago period because of a higher base …

Quarter Grew Wipro Constant Currency Delaporte Posts Upbeat