1 / 9IndiGo | India's largest domestic carrier is expecting the grounding of 30 to 35 of its planes as Pratt & Whitney accelerates the removal of engines for inspection and shop visits. According to planespotter, IndiGo has 51 aircraft on the ground, but the airline told CNBC-TV18 that over 40 of them are parked due to the Pratt & Whitney engine issue, while the rest are parked for other reasons such as maintenance, etc.
2 / 9Power Grid | The state-owned company reported a 3.6% year-on-year rise in net profit at ₹3,781.4 crore for the second quarter that ended on September 30, 2023. The company's revenue from operations increased by 1% to ₹11,267.1 crore against ₹11,150.6 crore in the corresponding period of the preceding fiscal.
3 / 9Shree Cement | The cement company has posted a 158.95% year-on-year jump in standalone net profit at ₹491.3 crore for the second quarter that ended September 30, 2023. The company's standalone revenue from operations increased 21.3% to ₹4,584.6 crore against ₹3,781 crore in the corresponding period of the preceding fiscal.
4 / 9IRCTC | The company declared an interim dividend of ₹2.50 per equity share for the financial year 2023-24. This represents 125% of the paid-up share capital amounting to ₹160 crore. The catering arm of the Indian Railways reported a 30% year-on-year rise in standalone net profit at ₹295 crore for the quarter ended September 2023.
5 / 9Apollo Tyres | Tyre manufacturer reported a 165% year-on-year jump in net profit at ₹473.3 crore for the quarter ended September 30, 2023. The company's revenue from operations increased 5.4% to ₹6,279.6 crore against ₹5,956 crore in the corresponding period of the preceding fiscal.
6 / 9Cummins | Engines and related parts maker reported a 30.4% year-on-year jump in standalone net profit at ₹328.5 crore for the second quarter that ended September 30, 2023. The company's standalone revenue from operations declined 2.6% to ₹1,899.7 crore against ₹1,951 crore in the corresponding period of the preceding fiscal.
7 / 9Deepak Nitrite | The chemical manufacturing company reported a 17.5% year-on-year rise in net profit at ₹205.1 crore for the second quarter that ended September 30, 2023. The company's revenue from operations declined 9.4% to ₹1,778.1 crore against ₹1,961.7 crore in the corresponding period of the preceding fiscal.
8 / 9CRISIL | Ratings firm on Tuesday reported a 2.8% year-on-year rise in consolidated net profit at ₹152 crore for the third quarter that ended September 30, 2023. The company follows a January-December financial year. The company's consolidated revenue from operations increased 7.7% to ₹735.9 crore against ₹683 crore in the year-ago period.
9 / 9Earnings: Bata India, Gujarat Narmada Valley Fertilizers & Chemicals, Lupin, Multi Commodity Exchange of India, Pidilite Industries, Power Finance Corporation, Tata Power Company, United Spirits and PI Industries among others will report their quarterly earnings for the quarter ended September later in the day.
