Q2 Results Live: Colgate Palmolive Profit Falls, Declares Dividend; HUL Revenue Rises 2%
Today, HUL, Colgate, and Laurus Labs along with others are set to announce results.
HUL Q2 Results Live: Margin Guidance At 22-23%
Ice cream will be demerged by December quarter
Margin guidance reiterated at 22-23%
We will see an uptick of 50-60 bps margins growth post ice-cream demerger
Source: Con Call
HUL Q2 Results Live: Early Green Shoots In Horlicks
We will continue to double down on liquid detergents
Seeing early green shoots in Horlicks, we will double down on Horlicks as well
No further margin impact is expected due to GST rate rationalisation
Source: Con Call
Q2 Results Live: Colgate Palmolive Profit Falls
Colgate Palmolive (India) Q2 Highlights (YoY)
Revenue down 6.2% to Rs 1,519.50 crore versus Rs 1,619.11 crore
Net Profit down 17% to Rs 327.50 crore versus Rs 395.05 crore
Ebitda down 6% to Rs 465.43 crore versus Rs 497.35 crore
Margin at 30.6% versus 30.7%
Q2 Results Live: Laurus Labs Profit Rises Ninefold
Laurus Labs Q2 Highlights (Cons, YoY)
Revenue up 35.1% to Rs 1,653.47 crore versus Rs 1,223.70 crore.
Net Profit up 883% to Rs 194.97 crore versus Rs 19.84 crore.
Ebitda up 126% to Rs 403.26 crore versus Rs 178.33 crore.
Margin at 24.4% versus 14.6%.
Q2 Results Live: HDFC Bank Vs ICICI Bank
As the September quarter earnings season slowly unfolds, India's top two private lenders - HDFC Bank and ICICI Bank - have put out contrasting pictures in the quarter gone by.
While both lenders showed signs of strength, their paths diverged due to at least six reasons.
Read the full story below:
