1 / 8Reliance Industries | India’s most valuable company reported a 5% fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. Its consolidated net profit fell to ₹16,563 crore or ₹24.48 per share in July-September – the second quarter of the current fiscal – compared to ₹Rs 17,394 crore or ₹25.71 a share in the same period a year back. The profit before tax (EBITDA) dropped 2% to ₹43,934 crore.
2 / 8HCLTech | IT services major reported a 10.51% increase in consolidated net profit to ₹4,235 crore in the July-September quarter of FY25, as the company raised the lower band of its growth guidance on the back of better-than-expected performance. The Noida-headquartered firm had posted a net profit of ₹3,832 crore in the year-ago period. HCLTech increased the lower band of its revenue growth guidance to 3.5-5% year-on-year in constant currency, against a guidance of 3-5% in the first quarter.
3 / 8Sunteck Realty | The company reported a 33% increase in sales bookings to Rs 524 crore in the September quarter on better housing demand. Its sales bookings (pre-sales) stood at Rs 395 crore in the year-ago period. The company’s sales bookings rose 31% to Rs 1,026 crore during the April-September period (Q2) of the current fiscal year from Rs 782 crore in the corresponding period of the preceding year.
4 / 8Angel One | Discount broker’s net profit went up by 39.1% from the same quarter last year to ₹423.4 crore. Revenue went up by 44.5% to ₹1,514.7 crore from ₹1,047.9 crore year-on-year. Angel One’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 51.5% to ₹671.9 crore, while EBITDA margin expanded by 210 basis points to 44.4% from 42.3% last year.
5 / 8JSW Infrastructure | The company said it has received Letter of Intent from the Maharashtra Maritime Board (MMB) for the “Development, Operation, Management and Maintenance of an All Weather and Multipurpose Port at village Murbe in Palghar District of Maharashtra” on Public Private Partnership (PPP) basis – Design, Built, Own, Operate and Transfer (DBOOT) Model.
6 / 8Can Fin Homes | The company said the board of directors has approved the raising of funds by issuance of Non-convertible Redeemable Debentures (NCDs), secured or unsecured, on a private placement basis, in one or more tranches upto the overall limit of ₹4,000 crore as approved by the members at the Annual General Meeting (AGM) held on August 07, 2024
7 / 8Sterling & Wilson Renewables | The company said it received fresh orders worth ₹823 crore on Monday, taking the total order inflow in Q2 to ₹2,050 crore. Unexecuted order book at the highest ever level of ₹10,500 crore. All orders received during the quarter are domestic orders.
8 / 8Lyka Labs | The company said after extensive research and successful completion of the Phase III Clinical Trials, it has received the Central Drugs Standard Control Organization of India (CDSCO) approval for manufacturing and marketing of Pregabalin Gel 8% w/w for the use in patients with Diabetic Neuropathic Pain.
