Q2 Results Live: HAL, Tata Steel, Asian Paints, Ashok Leyland In Focus
Other companies in focus on Wednesday include Cochin Shipyard and IRCTC.
Q2 Results Live: Ashok Leyland Expected Results
Ashok Leyland expected to post a standalone revenue of Rs 9,564 crore and an Ebitda of Rs 1,129 crore, implying a margin of 11.8% with net profit estimated at Rs 724 crore.
The company reported a 13% year-on-year growth in net profit for the first quarter. Standalone net profit rose to Rs 593.70 crore versus Rs 525.50 crore year-on-year, while revenue was up 1.5% to Rs 8,724.50 crore.
Q2 Results Live: HAL Trades In Green Ahead Of Earnings
Shares of defence-major Hindustan Aeronautics were trading marginally higher ahead of the company's Q2 results announcement on Wednesday. HAL's shares were up nearly 1% at Rs 4,910.90 apiece, as of 11:30 a.m.
Q2 Results Live: Asian Paints Earnings Estimate
According to Bloomberg consensus estimates, Asian Paints is projected to report a revenue of Rs 8,157 crore with an Ebitda of Rs 1,341 crore, reflecting a margin of 16.4% and a net profit of Rs 887 crore.
Q2 Results Live: Advanced Enzyme Profit Grows
Advanced Enzyme Technologies Q2 Highlights (Cons, YoY)
Revenue up 26.3% at Rs 185 crore versus Rs 146 crore
Net Profit up 32% at Rs 43.3 crore versus Rs 32.8 crore
Ebitda up 41.5% at Rs 60 crore versus Rs 42.4 crore
Margin at 32.5% versus 29%
Q2 Results Live: HAL, Tata Steel, Asian Paints, Ashok Leyland In Focus
Hello and welcome to NDTV Profit's live coverage of the second-quarter earnings season. Various players are set to announce their performance for the second quarter today. These include key names such as Hindustan Aeronautics, Tata Steel, Asian Paints and Ashok Leyland among others.
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!
