Q2 Results LIVE: L&T Finance Profit Up 5%
L&T Finance Q2FY26 Highlights (Consolidated, YoY)
Total income up 7.7% to Rs 4,336 crore versus Rs 4,024 crore
Net Profit up 5.6% to Rs 735 crore versus Rs 696 crore
Axis Bank Q2 Results LIVE: Opened 100 New Branches In 2025
Puneet Sharma
Opened 100 new branches in H1FY26
Not expecting significant increase in credit cost
Retail asset quality is stabilising
Evaluating impact of draft norms by RBI
Advances expected to grow 300 bps faster than industry
ECL norms likely to have negligible impact on net worth of bank
Provisions are higher due to security erosion
Margins expected to bottom out in Q3 assuming no further rate cuts
Source: Con Call
HDFC Life Insurance Q2 Results LIVE: Annuity Up By 16%
Individual protection grew by 27%, over three times the company growth
Annuity grew by 16%
Over 1/4 business comes from Unit linked
Impact of GST cuts will be neutralised by the end of FY26
Channel mix continue to move in favour of Agency channel
Aims to grow in mid teens
Source: Con Call
HDFC Life Insurance Q2 Results LIVE: 50% APE Growth
Only 50% of the input tax credit comes from commissions
We saw a 50% growth in individual APE in September
Protection is grew by 27%, over 3 times the company growth
Annuity grew by 16%
Over 1/4 business comes from unit linked
Channel mix continues to move in favour of agency channel
Source: Con Call
Axis Bank Q2 Results LIVE: Sees Axis Finance As An Upper Layer NBFC Soon
Amitabh Chaudhry
Axis Finance will become an upper layer NBFC soon
That also means that we will go through the process of listing it in the future
Acquisition finance is positive for us because we are leading players in equity and debt syndication
This will help us deepen our relationship with customers
It will however depend on what the final guidelines look like
Source: Con Call
Axis Bank Q2 Results LIVE: Positive On GST Rate Cut
Amitabh Chaudhry
Very positive on the GST rate cut announcement and the CRR cut which will become effective now
Seeing some positive signs already
Don’t want to jump to conclusions but seeing some positive uptick on retail disbursals
Expect companies to borrow more over time
Still going through the process on Axis Finance stake sale
Awaiting details of what RBI has on its mind on the forms of business circular
Source: Con Call
HDFC Life Insurance Q2 Results LIVE: Well Positioned For Quick Growth
Vibha Padalkar, MD and CEO
GST Reforms is momentum positive change for the industry
Plan to raise Rs 750 crore in subordinated debt
All channels reported a strong growth
Remain confident for the long term growth for the insurance sector
HDFC Life is well positioned to grow faster than the industry
Source: Con Call
Axis Bank Q2 Results LIVE: RBI Policy Changes Positive For Banking Space
Puneet Sharma
RBI policy changes are positive for banking system and us
Too early to give an earnings impact due to the changes
Amitabh Chaudhry
Still awaiting draft circulars on many of the reforms announced
Thrust seems to be to continue to allow banks to do more than what they do today
Acquisition finance is a game changer
Source: Con Call
Axis Bank Q2 Results LIVE: Margins May Bottom Out Next Quarter
Puneet Sharma
Directionally should see gross slippages on technical impact move downward
Seen a strong defence to margin decline
Have seen strong deposit repricing which has helped margins
If there is no further rate cuts, we should margins bottom out in Q3
Source: Con Call
HDFC Life Insurance Q2 Results LIVE: Urban Demand Patchy
Vibha Padalkar, MD and CEO
Urban demand remain patchy
Outperformed private life insurers and overall industry
Recent GST Reforms are structurally positive for the industry
GST Reforms makes life insurance products more affordable
ULIP continued to gain strong traction
Seeing pickup in demand in non par saving product
Axis Bank Q2 Results LIVE: Retail Asset Quality Stabilising
Puneet Sharma
Retail asset quality is stabilising
Gross slippages for all retail assets have declined YoY
With this comfort we increased card distribution to customers
Source: Con Call
Axis Bank Q2 Results LIVE: Aiming To Write Back Provisions By 2028
Amitabh Chaudhry:
If credit quality does not deteriorate further we will write back the provisions by March 2028 quarter
We will monitor this closely
Don’t believe there will be any material deterioration
Source: Con Call
Axis Bank Q2 Results LIVE: On Crop Loan Discontinuation
Puneet Sharma, CFO, Axis Bank
Bank had been offering two crop loan variants
Bank has now discontinued these products
Have not changed any customer conditions for loans already disbursed
Bank has been asked to maintain standard asset provisions against these loans
Source: Con Call
Axis Bank Q2 Results LIVE: No Divergence In Asset Quality
Puneet Sharma, CFO, Axis Bank
Following RBI advisory, bank has made one time standard asset provision of Rs 1,231 crore
Provisioning will be written back once loans are settled
No divergence in asset quality or provision in FY25
Not expecting any material rise in credit costs from the crop loans
To the best of our understanding, this RBI direction was specific to Axis Bank
Source: Con Call
Q2 Results LIVE: Oberoi Realty Profit Up 30%
Oberoi Realty Q2 Highlights (Consolidated, YoY)
Revenue up 34.8% to Rs 1,779.04 crore versus Rs 1,319.89 crore
Net Profit up 29% to Rs 760.26 crore versus Rs 589.44 crore
Ebitda up 25% to Rs 1,020.29 crore versus Rs 813.78 crore
Margin at 57.4% versus 61.7%
Axis Bank Q2 Results LIVE: Premiumisation Of Business Continues
Amitabh Chaudhry, MD & CEO, Axis Bank:
Retail unsecured book seeing stablisation on asset quality
Deposits to grow faster than industry in medium to long term
Bank has made focussed interventions to ensure better relationship with salary account customers
Premiumisation of business continues
First half of fiscal year unfolded in a dynamic global situation
Remain confident of opportunities that lie ahead
Source: Con Call
Q2 Results LIVE: Huhtamaki India Profit Triples
Huhtamaki India Q2 Highlights (YoY)
Revenue down 4.2% to Rs 625 crore versus Rs 652.50 crore
Net Profit up 214.5% to Rs 36.80 crore versus Rs 11.70 crore
Ebitda up 19.8% to Rs 55.5 crore versus 18.1 crore
Margin at 8.9 % versus 2.8%
Q2 Results LIVE: KEI Industries Profit Jumps
KEI Industries Q2 Highlights (Consolidated, YoY)
Revenue up 19.4% to Rs 2726.34 crore versus Rs 2,284 crore
Net Profit up 31.5% to Rs 204 crore versus Rs 155 crore
Ebitda up 19.8% to Rs 269 crore versus 225 crore
Margin at 9.9% versus 9.8%
Q2 Results LIVE: HDB Financial Profit Down (YoY)
Net Profit down 1.6% to Rs 581.4 crore versus Rs 591 crore
NII 19.6% to Rs 2,193 crore versus Rs 1,823 crore.
Board approves interim dividend of Rs 2 per equity share
Q2 Results LIVE: Kewal Kiran Profit Down
Kewal Kiran Clothing Q2 Highlights (Consolidated, YoY)
Revenue up 14.9% to Rs 354 crore versus Rs 308 crore
Net Profit down 31.5% to Rs 44.9 crore versus Rs 65.5 crore
Ebitda up 11% to Rs 71 crore versus Rs 64 crore
Margin at 20% versus 20.7%
Axis Bank Q2 Results LIVE: Small Business Loans Up 14%
Corporate loan growth boosted advances in Q2
Corporate loans rise 20% YoY to Rs 3.5 lakh crore
Retail loans rise just 6% YoY to Rs 6.35 lakh crore
Home loan book contracts 1% from last year
LAP portfolio rises 22% YoY
Small business loans up 14% YoY to Rs 70,663 crore
Q2 Earnings Update LIVE: Axis Bank Advances And Deposits
Net Advances up 12% at Rs 11.16 lakh crore (YoY)
Net Deposits up 11% at Rs 12.03 lakh crore (YoY)
Gross Slippage Ratio down 102 basis points at 2.11% (QoQ)
Gross Slippage Ratio down 128 basis points at 1.05% (QoQ)
Q2 Earnings Update LIVE: Axis Bank Profit Down 26%
Axis Bank Q2FY26 Highlights
Net Profit down 26.4% at Rs 5,090 crore versus Rs 6,918 crore
Net interest income up 2% at Rs 13,744 crore versus Rs 13,483 crore
Provisions up 61% at Rs 3,547 crore versus Rs 2,204 crore (YoY)
Provisions down 10.1% at Rs 3,547 crore versus Rs 3,948 Cr (QoQ)
Gross NPA at 1.46% versus 1.57% (QoQ)
Net NPA at 0.44% versus 0.45% (QoQ)
One-time standard asset provisioning at Rs 1,230 crore
NIM at 3.73%
Q2 Earnings Update LIVE: HDFC Life Profit Up 3%
HDFC Life Q2 Highlights (Consolidated, YoY)
Net Profit up 3% to Rs 448 crore versus Rs 435 crore
Net premium income up 13.6% to Rs 18,871.00 crore versus Rs 16,613.70 crore
Annual Premium Equivalent grew by 9% to Rs 4,188 crore
Value of new business grew by 8% to Rs 1,009 crore
VNB margin at 24.1% versus 25.1% (QoQ)
Q2 Earnings Update LIVE: Heritage Foods Profit Rises
Heritage Foods Q2 Highlights (Consolidated, YoY)
Revenue up 9.1% to Rs 1,112.50 crore versus Rs 1,019.50 crore
Net Profit up 5% to Rs 51.00 crore versus Rs 48.60 crore
Ebitda down 7% to Rs 77.20 crore versus Rs 83.20 crore
Margin at 6.9% versus 8.2%
Q2 Earnings Update LIVE: HDFC AMC Profit Dips
HDFC Asset Management Co Q2 Highlights (Cons, QoQ)
Total income down 6.4% at Rs 1,124 crore versus Rs 1,201 crore.
Net profit down 4% at Rs 718 crore versus Rs 747 crore.
Board approves bonus issue in the ratio of 1:1
Q2 Earnings Update LIVE: Tata Communication Falls After Net Profit Declines
Q2 Results Live: Tata Communications Revenue Rises 6.5%
Tata Communications Q2 Highlights
Revenue up 6.5% at Rs 6,100.00 crore versus Rs 5,728.00 crore.
Ebitda up 3.9% at Rs 1,174.00 crore versus Rs 1,129.00 crore.
Margin at 19.2% versus 19.7%.
Net Profit down 19.4% at Rs 183.00 crore versus Rs 227.00 crore.
Q2 Results Live: IRFC Total Income Declines 7.7%
IRFC Q2 Highlights
Total Income down 7.7% at Rs 6,372 crore versus Rs 6,900 crore.
Declares Interim Dividend of Rs 1.05 per share.
Net Profit up 10.2% at Rs 1,777 crore versus Rs 1,613 crore.
Q2 Earnings LIVE: Tips Music Share Price Swings Post Results
Track live update on Q2 earnings here.
Q2 Results Live: Tips Music Revenue Rises 10.7%
Tips Music Q2 Highlights
Revenue up 10.7% at Rs 89.20 crore versus Rs 80.60 crore.
Ebitda up 13.9% at Rs 67.70 crore versus Rs 59.50 crore.
Margin at 75.9% versus 73.8%.
Net Profit up 10.4% at Rs 53.20 crore versus Rs 48.20 crore.
Q2 Results Live: Axis Bank Earnings Expecations
Profitability may stay under pressure as net interest margins moderate to 3.6% from 3.8% in the June quarter.
Analysts said credit costs are likely to remain elevated even as slippages ease. Meanwhile the loan growth is expected to rise 9% on a yearly basis, according to Kotak Securities.
Q2 Results Live: Axis Bank Earnings Estimates
Axis Bank Ltd. will also be reporting its results for the quarter on Wednesday. The company is likely to report a net profit of Rs 19,669 crore and revenue of Rs 5,880 crore, according to estimates.
Q2 Results Live: Angel One Earnings Estimates
Angel One Ltd. is likely to clock a 17.8% rise in net profit at Rs 215 crore and a revenue of Rs 1,208.4 crore for the quarter ended September, according to a survey of analysts' estimates done by Bloomberg.
Q2 Results Live: Axis Bank, HDB Financial, Angel One
Hello and welcome to NDTV Profit's live coverage of the first-quarter earnings season. The financial landscape is buzzing today, as various players are set to announce their performance for the second quarter.
Names like Angel One Ltd., Axis Bank Ltd. and HDFC Life Insurance Co. and more are in focus today as they post their results.
This is your front-row seat to the earnings action, so stay with us for real-time updates, analysis of the numbers, and all the key details that companies will be putting out through the day!
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