Q2 Results Live: Cyient DLM Profit More Than Doubles
Cyient DLM Q2 Highlights (Consolidated, YoY)
Revenue down 20.2% to Rs 310.60 crore versus Rs 389.40 crore
Net Profit at Rs 32 crore versus Rs 15 crore
Ebitda down 1% to Rs 31.20 crore versus Rs 31.60 crore
Margin at 10.0% versus 8.1%
Q2 Results Live: Thyrocare Profit Surges Over 80%
Thyrocare Technologies Q2 Highlights (Consolidated, YoY)
Revenue up 22.1% to Rs 216.53 crore versus Rs 177.36 crore
Net Profit up 81% to Rs 47.81 crore versus Rs 26.42 crore
Ebitda up 48% to Rs 71.35 crore versus Rs 48.29 crore
Margin at 33% versus 27.2%
Q2 Results Live: Persistent Systems Profit Rises 11%
Persistent Systems Q2 Highlights (Consolidated, QoQ)
Revenue up 7.4% to Rs 3,580.70 crore versus Rs 3,333.50 crore
Net Profit up 11% to Rs 471.40 crore versus Rs 424.90 crore
Ebit up 13% to Rs 583.00 crore versus Rs 517.70 crore
Margin at 16.3% versus 15.5%
Q2 Results Live: Bank Of Maharashtra Falls Most In Nifty PSU Banks
Shares of the bank ended 3.35% lower at Rs 55.65 apiece, post the release of their financial results.
Q2 Results Live: Navkar Corp Swings To Profit
Navkar Corp Q2 Highlights (Consolidated, YoY)
Revenue up 19.5% at Rs 162 crore versus Rs 136 crore
EBITDA up 39% at Rs 24.4 crore versus Rs 17.5 crore
Margin at 15% versus 12.9%
Net Profit of Rs 4.4 crore versus loss of Rs 2.3 crore
Q2 Results Live: Bank Of Maharashtra Profit Rises
Bank Of Maharahstra Q2 Highlights (Standalone)
Net Profit up 23% at Rs 1,633 crore versus Rs 1,327 crore (YoY)
Gross NPA at 1.72% versus 1.74% (QoQ)
Net NPA flat at 0.18% (QoQ)
NII up 15.7% at Rs 3,248 crore versus Rs 2,807 crore (YoY)
Operating Profit up 17% at Rs 2,574 crore versus Rs 2,202 crore (YoY)
Provisions down 8.1% at Rs 756 crore versus Rs 822 crore (YoY)
Provisions down 13% at Rs 756 crore versus Rs 867 crore (QoQ)
Q2 Results Live: Banking Sector Q2 Preview
Loan growth remained strong across most lenders during the quarter, supported by higher deposit mobilisation and an improvement in loan-to-deposit ratios. However, analysts expect profitability to be hit by margin pressure following the Reserve Bank of India's earlier repo-rate cuts and reduced treasury income.
Q2 Results Live: ICICI Prudential Share Price Up
Shares of ICICI Prudential Life jumped as much as 3% after the Q2 results.
Q2 Results Live: ICICI Prudential Profit Jumps 18%
ICICI Prudential Life Insurance Co (Consolidated, YoY)
Net Profit up 18% at Rs 296 crore versus Rs 251 crore.
Net Premium Income up 10% at Rs 11,843 crore versus Rs 10,754 crore.
AUM up 0.3% at Rs 3.21 lakh crore
ICICI Prudential Life Insurance Co (Consolidated, QoQ)
13th Month Persistency Ratio at 82.4% versus 82.5%
61st Month Persistency Ratio at 59.4% versus 62.8%
Solvency Ratio at 213.2% versus 212.3%
Q2 Results Live: Tech Mahindra Share Price
The shares of Tech Mahindra rose over 1% ahead of the company posting its second quarter results.
Q2 Results Live: Banking Sector Q2 Preview
India's banks are expected to report softer earnings for the September quarter, as narrowing net interest margins and weak trading gains weigh on profitability. Analysts, however, see stability in core earnings and expect commentary to turn more constructive on growth and asset quality.
Q2 Results Live: What Brokerages Expect
Brokerages expect Tech Mahindra's revenue growth between 0.7% and 0.8% in constant currency terms, driven by steady deal ramp-ups and stable performance in the communications vertical. Analysts see sequential growth supported by improved execution of large deals and traction in enterprise, banking and retail segments, though the telecom business is expected to remain flat.
Q2 Results Live: Cyient Earnings Estimates
Cyient DLM Ltd. will also be reporting its results for the quarter on Tuesday. The company is likely to report a net profit of Rs 7.49 crore and revenue of Rs 278.4 crore, according to estimates.
Q2 Results Live: Tech Mahindra May Clock 12.7% Rise In Profit
Tech Mahindra is likely to clock a 12.7% rise in net profit at Rs 1,285 crore and a near 3% rise in revenue to Rs 13,777 crore for the quarter ended September, according to a survey of analysts' estimates done by Bloomberg.
Q2 Results Live: IREDA Revenue Rises 28.7%
IREDA Q2 Highlights
Revenue up 26.2% at Rs 2,057 crore versus Rs 1,630 crore.
Net Interest Income up 49.4% at Rs 817 crore versus Rs 547 crore.
Net Profit up 42% at Rs 549.33 crore versus Rs 387.75 crore.
Q2 Results Live: Tech Mahindra, IREDA And More In Focus
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 IREDA, Tech Mahindra, ICICI Pru Life, Cyient 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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