ITC | Diversified conglomerate on Thursday reported a 10.3% year-on-year jump in standalone net profit at ₹4,927 crore for the second quarter that ended September 30, 2023. In the September quarter, ITC's standalone total revenue stood at ₹16,550 crore, up 2.6% YoY against ₹16,129.9 crore in the corresponding period of the previous fiscal.
HUL | FMCG conglomerate reported a 3.86% year-on-year rise in standalone net profit at Rs 2,717 crore compared with Rs 2,616 crore in the same quarter last year. Sales for the quarter rose 3.53% YoY to Rs 15,027 crore from Rs 14,514 crore, the company said in a BSE filing.
Jindal Stainless | The company on Thursday reported a 74.5 percent year-on-year (YoY) rise in net profit at ₹609.4 crore for the second quarter that ended September 30, 2023. In the quarter, Jindel Stainless' total revenue stood at ₹9,720.4 crore during the period under review, up 13.6% against ₹8,556.3 crore in the corresponding period of the preceding fiscal.
Havells | Consumer electrical goods maker reported a 33.2 percent year-on-year (YoY) jump in net profit at ₹249.1 crore for the second quarter that ended September 30, 2023. Havell India's total revenue stood at ₹3,900.3 crore during the period under review, up 6% against ₹ 3,680 crore in the corresponding period of the preceding fiscal.
Tata Communications | The company reported a 58% year-on-year decline in net profit at ₹221.3 crore for the second quarter that ended September 30, 2023. In the quarter, total revenue stood at ₹4,872.5 crore during the period under review, up 10% against ₹4,430.74 crore in the corresponding period of the preceding fiscal.
Equitas Small Finance Bank | Private lender on Thursday reported a 70.2 percent year-on-year (YoY) jump in net profit at ₹198.1 crore for the second quarter that ended September 30, 2023. Net interest income (NII) rose 25.6%, coming at ₹765.6 crore against ₹609.7 crore in the corresponding quarter of FY23.
Voltas | Cooling products maker reported a net profit of ₹35.6 crore for the second quarter that ended September 30, 2023. In the quarter, total revenue stood at ₹2292.8 crore during the period under review, up 29.7% against ₹1,768.4 crore in the corresponding period of the preceding fiscal.
Zomato | SVF Growth Fund is set to divest a 1.1% stake or 93,569,368 shares in Zomato Ltd on Friday (October 20). The deal is expected to be offered at a floor price in the range of Rs 109.4 to Rs 111.65 per equity share, which could be either no discount or 2% lower than Thursday's closing price of Rs 111.65.
Tata Motors | Homegrown auto company on Thursday said it has inked a pact to acquire a 26.79 percent stake in digital platform Freight Tiger for Rs 150 crore. The company and Freight Commerce Solutions have signed a securities subscription agreement and a shareholders agreement (SHA) for the acquisition of the stake in Freight Tiger.
United Breweries | Beer maker reported a 19.8% year-on-year (YoY) decline in net profit at ₹107.6 crore for the second quarter that ended September 30, 2023. In the quarter, total revenue stood at ₹1,888 crore during the period under review, up 14.2% against ₹1,682 crore in the corresponding period of the preceding fiscal.