Q2 Earnings 2024 Live Updates: With majors across segments and all of the IT services giants having released their Q2 results, the fiscal second quarter earnings season is now in full swing. Firms like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bank of Maharashtra, Nestle India, Axis Bank, HDFC Bank, LTIMindtree, Havells India, Paytm, Zomato, PVR Inox, Bajaj Auto, Mphasis, Cyient DLM, Mahindra Logistics, Shoppers Stop, and others have announced their Q2 numbers already.
Today, companies like HUL, Bajaj Finserv, SBI Life Insurance Company, Pidilite Industries, TVS Motor Company, Bajaj Holdings & Investment, United Spirits, Godrej Properties, Metro Brands, Piramal Pharma, Dr Lal PathLabs, TVS Holdings, Piramal Enterprises, Aster DM Healthcare Ltd, IIFL Finance, Birlasoft, VIP Industries, Johnson Controls -Hitachi Air Conditioning India, Thyrocare Technologies, NIIT Learning Systems, Heritage Foods, among others are lined up to release their Q2 earnings report.
Earlier, Reliance Industries Ltd (RIL) had posted a profit decline of 4.8 per cent on-year at Rs 16,563 crore and revenue at Rs 235,481 crore. HCL Tech recorded Q2 profit at Rs 4,237 crore, up 10.5 per cent YoY and revenue at Rs 28,862 crore. TCS reported Q2 profit at Rs 11,909 crore, up 5.0 per cent YoY and revenue at Rs 64,259 crore. Infosys recorded Q2 profit at Rs 6506 crore and revenue at Rs 40,986 crore. Wipro, meanwhile, reported fiscal second quarter profit at Rs 3226.60 crore, up 21.0 per cent YoY and revenue at Rs 22,301.60 crore.
This week, other key players like ITC, Godrej Consumer Products, Adani Wilmar, Patanjali Foods, NTPC, Coal India, JSW Steel, DLF, Interglobe Aviation and others will announce their Q2 numbers.
Live Updates
From: financialexpress
Financial News