Q2 Earnings 2024 Live Updates: With the majority of the companies across sectors having already released their Q2 numbers for FY25, investors and market participants are keenly waiting for others to announce their earnings for the quarter. Firms including Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bharti Airtel, HUL, ITC, Marico, Dabur India, Adani Wilmar, Nestle India, BHEL, L&T, Adani Enterprises, Apollo Hospitals, Mankind Pharma, Dr Reddy’s Laboratories, GAIL, Punjab National Bank, Axis Bank, HDFC Bank, IRCTC, Coal India, JK Lakshmi Cement, Havells India, Paytm, Zomato, PVR Inox, Bajaj Auto, Piramal Pharma, among many others have announced their Q2 reports.
Today, companies like Mahindra and Mahindra, Trent, Cummins India, Lupin, Rail Vikas Nigam, Indian Hotels Company, NHPC, Linde India, Abbott India, Steel Authority of India, Page Industries, Astral Limited, Escorts Kubota, Cochin Shipyard, Aditya Birla Fashion & Retail, Emami, Alembic Pharmaceuticals, Gujarat State Petronet, Ircon International, NCC, Akzo Nobel India, Eureka Forbes, Happy Forgings, Va Tech Wabag, Bajaj Electricals, Allcargo Gati, among others are lined up to release their Q2 earnings report.
Till date, the corporate earnings scorecard for Q2FY25 has been weak but excluding commodities, it’s broadly in-line. According to areport by Motilal Oswal Financial Services (MOFSL), “The earnings spread has deteriorated, with only 62 per cent of MOFSL Coverage Universe either meeting or exceeding profit expectations. Consumption has emerged as a weak spot while select segments of BFSI are seeing asset-quality stress. Nifty FY25 EPS has seen another 1 per cent cut after a 4 per cent cut in preview. Overall Nifty EPS has seen 7 per cent downward revision in the last six months, reducing the expected FY25 earnings growth to just 5 per cent, weakest since FY20.”
Live Updates
Q2 Results 2024 Live: Q2 earnings season in all its glory
With majors across industries including Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bharti Airtel, BHEL, HUL, ITC, Marico, Dabur India, Adani Wilmar, Nestle India, Bata India, L&T, Zomato, Paytm, ICICI Bank, Yes Bank, Axis Bank, HDFC Bank, Kansai Nerolac Paints, Mankind Pharma, Dr Reddy’s Laboratories, Apollo Hospitals, Piramal Pharma, PVR INOX, Maruti Suzuki, already having released their Q2 numbers, the second quarter earnings season has picked up pace.
Q2 Results 2024 Live: Welcome!
Greetings! While the quarter earnings season has caught a good pace now with a significant number of companies having already released their Q2 numbers, we, at FinancialExpress.com, have been continuously updating you with their performance. Going forward as well, we will continue to keep you updated on these numbers, dividends announced by firms, reasons leading to growth and even factors affecting the businesses. Stay tuned.
From: financialexpress
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