Quarterly Results Announced Today - Q2 Earnings of NYKAA, SUN PHARMA, TECH MAHINDRA, PNB, Whirlpool, CMS Info and More | FULL LIST

Varun Beverages Quarterly Results: Profit up 53% to Rs 395.48 crore in September quarter

Varun Beverages Ltd, PepsiCo's largest franchise bottler, on Tuesday reported a 53.34 per cent jump in consolidated profit after tax at Rs 395.48 crore for the September quarter, helped by revenue growth and transition to lower tax rate in India.

The company, which follows January-December financial year, had posted a profit after tax of Rs 257.90 crore in the July-September quarter of 2021.

Varun Beverages Ltd's (VBL) revenue from operations in the latest September quarter stood at Rs 3,248.30 crore, up 33.10 per cent as compared to Rs 2,440.43 crore in the year-ago period.

Its revenue from operations was up "on account of robust volume growth over last year and higher realisation on a consolidated basis," VBL said in its earning statement.

Whirlpool of India Quarterly Results: Q2 profit down 88% to Rs 49 cr; revenue flat at Rs 1,611.54 cr

Consumer durables firm Whirlpool of India Ltd on Tuesday reported a decline of 88.13 per cent in its consolidated net profit at Rs 49.02 crore for the second quarter ended September 2022 on account of commodity headwinds and a one-time gain last fiscal.

The company had posted a net profit of Rs 413.19 crore during the July-September period of the previous fiscal, Whirlpool of India, a subsidiary of Whirlpool Corporation, said in a regulatory filing.

Its revenue from operations was marginally up at Rs 1,611.54 crore. It was 1,607.10 crore in the September quarter of the last fiscal.

Whirlpool of India's total expenses were at Rs 1,566.89 crore, up 3.33 per cent.

Jay Bharat Maruti Ltd. Quarterly Results: Q2FY23 Net Profit increases by 2.44 times

Profit before Tax up by 2.40 times, EPS up by 2.44 times

CMS Info Systems: Quarterly Results, Q2FY23 Earnings Declared

CMS Info Systems Limited has announced its results for the quarter ending and half year ending September 30, 2022.

CMS Info Systems Ltd. has reported profit growth of 37% YoY in Q2 of FY23

Q2-FY23/H1-FY23 Operational Highlights:

·         H1-FY23 revenue growth of 25% YoY; Services (recurring and annuity revenue) growth of 33% in H1 YoY

·         Operating margin expansion by 320 bps YoY to 29.1% in Q2 on account of change in business mix

·         Cash management activities up +6% QoQ in Q2 despite slowdown in consumption, particularly in rural India

·         Total orderbook expands to INR 2,800 Crore+ with INR 600 Crore+ new wins in H1

·         AI-based remote monitoring base crosses 18,500 sites in Sep’22

UPL Ltd Quarterly Results: Q2 net profit up 25.19% on robust sales

Agro-chemicals maker UPL Ltd on Tuesday posted a 25.19 per cent jump in its consolidated net profit at Rs 969 in the second quarter of FY23 on strong sales, despite some impact faced due to the Russia-Ukraine crisis.

The company had posted a consolidated net profit of Rs 774 crore during the second quarter previous year.

Tech Mahindra Quarterly Results: Q2FY23 Earnings ANNOUNCED

Tech Mahindra Ltd., today announced the audited consolidated financial results for its quarter ended September 30th, 2022. 

Tech Mahindra Q2FY23 Revenue up 20.7% YoY

Board approves special dividend of Rs 18/share

Punjab National Bank Quarterly Results: Q2 net profit falls 63% to Rs 411 cr on higher provisions

State-owned Punjab National Bank (PNB) on Tuesday reported a 63 per cent decline in standalone net profit to Rs 411 crore for the September quarter on account of higher provisioning for bad loans.

The bank had posted a net profit of Rs 1,105 crore in the year-ago period.

Total income in the second quarter of the current fiscal increased to Rs 23,001.26 crore as against Rs 21,262.32 in the July-September period a year ago, PNB said in a regulatory filing.

The lender's interest income also rose to Rs 20,154 crore from Rs 17,980 crore in the same quarter a year ago.

The gross Non Performing Assets (NPAs) declined to 10.48 per cent of the gross advances from 13.36 per cent earlier.

In absolute terms, the gross NPAs or bad loans stood at Rs 87,034.79 crore at the end of the second quarter of FY23, compared to Rs 1,00,290.85 crore a year earlier.

The net NPA too declined to 3.80 per cent as against 5.49 per cent.

However, provisions for bad loans increased to Rs 3,555.98 crore in the July-September quarter of FY23 as against Rs 2,692.74 crore in the year-ago period.

US Fed Reserve FOMC Meeting November 2022

The minutes of regularly scheduled meetings are released three weeks after the date of the policy decision. 

Dhanuka Agritech Quarterly Results: Q2FY23 Earnings Declared - Dhanuka Agritech Q2 net profit jumps 15%; board approves share buyback

Agro chemicals firm Dhanuka Agritech Ltd on Tuesday posted a 15.22 per cent jump in consolidated net profit at Rs 73.02 crore for the second quarter ended September, mainly on the back of higher income.

The Gurugram-based company had reported a net profit of Rs 63.37 crore in the same quarter previous fiscal, according to a regulatory filing.

The company also said its board has approved buying back 10 lakh shares at Rs 850 a share, or up to Rs 85 crore. The buyback would subject to all applicable statutory approvals.

Net income increased 23 per cent on a consolidated basis to Rs 548.39 crore in the latest September quarter. In the year-ago period, the same stood at Rs 445.75 crore.

Expenses remained higher at Rs 450.42 crore as against Rs 361.41 crore in the year-ago period.

The board has fixed November 18 as the record date for the buyback offer.

PNB Quarterly Results: Q2FY23 Earnings Declared!

Sun Pharma Quarterly Results: Q2FY23 Earnings Declared!

Sun Pharma Quarterly Results: Q2FY23 Earnings DECLARED

Profit Rises 8% Year-On-Year to Rs 2260 crores - Revenue Jumps 14%

Nykaa Quarterly Results: Q2 net profit rises to Rs 5.19 crore

Beauty and fashion FSN E-Commerce Ventures, which operates under the Nykaa brand, on Tuesday posted a multi-fold increase in consolidated net profit at Rs 5.19 crore for the three months ended September.

The company had posted a net profit of Rs 1.17 crore in the same period a year ago.

Nykaas's consolidated revenue from operations increased 39 per cent to Rs 1,230.8 crore in the second quarter of the current financial year. In the year-ago period, the same stood at Rs 885.26 crore.

Ambica Agarbathies Quarterly Results: Q2FY23 Earnings announced - Check Profit After Tax

Ambica Agarbathies Quarterly Results: Eluru-based Ambica Agarbathies Aroma & Industries Ltd. has announced Q2FY23 Earnings. For quarter ended 30 September 2022, the company saw an 8.7% growth in revenues YoY, which rose from Rs. 29.40 Cr (Q2FY22) to Rs. 31.95 Cr (Q2FY23). For the corresponding period, Profit After Tax (PAT) doubled from Rs. 0.53 Cr (Q2FY22) to Rs. 1.09 Cr (Q2FY23). 

Founded in 1946, Ambica Agarbathies Aroma & Industries Ltd. manufactures and markets incense products. It operates through the multiple segments - Agarbathi, Hotel and Construction. The Agarbathies segment manufactures incense sticks, including its flagship durbar bathies, incense sticks, herbal bathies, natural incense, and dhoops and cones. 

NKYAA Quarterly Results: Q2FY23 Earnings DECLARED!