Q2 Results Updates: Oracle Profit Dips; REC Profit Grows 9%; Reliance Profit Falls To Rs 18,165 Crore

Reliance Jio Infocomm Q2 Highlights (Consolidated, QoQ)

• Revenue down 3% to Rs 31,857 crore versus Rs 30,882 crore

• Net Profit up 4% to Rs 6,972 crore versus Rs 6,711 crore

• Ebitda up 4% to Rs 17,275 crore versus Rs 16,690 crore

• Margin at 54.22% versus 54.04%

Oracle Financial Services Software Q2 Highlights (Consolidated, QoQ)

• Revenue down 3.4% to Rs 1,788.80 crore versus Rs 1,852.20 crore

• Net Profit down 15% to Rs 546.10 crore versus Rs 641.90 crore

• Ebitda down 11% to Rs 738.70 crore versus Rs 828.60 crore

• Margin at 41.3% versus 44.7%

• Declares dividend of Rs 130 per share

Fedbank Financial Q2 Highlights (Consolidated, YoY)

• NII up 11% to Rs 294 crore versus Rs 265 crore

• Net Profit up 24.2% to Rs 80.2 crore versus Rs 64.6 crore

Kesoram Industries Q2 Highlights (Consolidated, YoY)

• Revenue down 6% to Rs 55.2 crore versus Rs 58.7 crore

• Net loss of Rs 25.9 crore versus loss of Rs 69.9 crore

• Ebitda loss of Rs 18.5 crore versus loss of Rs 11.4 crore

Tejas Networks Q2 Highlights (Consolidated, YoY)

• Revenue down 90.7% to Rs 262 crore versus Rs 2,811 crore

• Net loss of Rs 307 crore versus Rs 275 crore

• Ebitda loss of Rs 294 crore versus profit of Rs 535 crore