Q2 Results Updates: Paytm Profit Declines As Exceptional Loss Weighs, Kaynes Tech Profit Up; NSE Profit Slips

BlueStone Jewellery Q2 Highlights (Consolidated, Year-on-Year)

• Revenue rose 37.6% to Rs 514 crore versus Rs 373 crore.

• Ebitda came in at a Profit of Rs 41.6 crore versus an Ebitda Loss of Rs 4.6 crore in the year-ago quarter.

• Margin stood at 8.1%.

• Net Loss narrowed to Rs 51.7 crore versus a loss of Rs 84.4 crore.

Paytm Q2 Highlights (Cons, QoQ)

• Revenue up 7.5% at Rs 2,061 crore versus Rs 1,918 crore

• Ebitda up 95.8% At Rs 141 crore versus Rs 72 crore

• Margin at 6.8% versus 3.8%

• Net Profit down 82.9% at Rs 21 crore versus Rs 123 crore.

The company recorded an impairment loss against a loan given to the joint venture First Games Technology Pvt Ltd. of Rs 190 crores during the quarter and six-month period ended Sept. 30.

"Consequent to the enactment of the Promotion and Regulation of Online Gaming Act, 2025 (the Act), which prohibits online gaming, the Group has recorded an impairment loss against a loan given to the JV of INR 190 crores during the quarter and six-month period ended September 30, 2025," it said.

Kaynes Tech Q2 Highlights (Consolidated, Quarter-on-Quarter)

• Revenue rose 34.6% to Rs 906 crore versus Rs 673 crore.

• EBIT was up 34.8% at Rs 131 crore versus Rs 97.4 crore.

• EBIT Margin stood flat at 14.5% versus 14.5%.

• Net Profit jumped 58% to Rs 152 crore versus Rs 96 crore.

Fusion Finance Q2 Highlights (Year-on-Year)

• Calculated Net Interest Income (NII) fell 38% at Rs 247 crore versus Rs 399 crore.

• Net Loss narrowed to Rs 22.1 crore versus a loss of Rs 305 crore.

• The Board approved a 5:1 stock split.

• To invest Rs 200 crore in its arm, Nuvama Wealth Finance, via a rights issue.

• To pay an Interim Dividend of Rs 70/share.

• Nov 11 is fixed as the Record Date for the interim dividend.