Q2 Earnings 2024 Live Updates: With majors across sectors and all of the IT services giants already having released their Q2 numbers, the quarter earnings season is now in full swing. Companies like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, HUL, ITC, Adani Wilmar, Nestle India, Axis Bank, HDFC Bank, LTIMindtree, TVS Motor, Havells India, Paytm, Zomato, PVR Inox, Bajaj Auto, Piramal Pharma, Mahindra Logistics, among many others already having released their Q2 numbers.
Today, companies like Coal India, JSW Steel, DLF, Bharat Electronics, Interglobe Aviation, Bharat Petroleum Corporation, Bank Of Baroda, Shriram Finance, Torrent Pharmaceuticals, Hindustan Petroleum Corporation, IDBI Bank, Bandhan Bank, Poonawalla Fincorp, NIIT, ICRA, Novartis India, Phoenix Mills, Inox Wind, JM Financial, Jammu and Kashmir Bank, Mahindra Holidays and Resorts India, Gensol Engineering, 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.
Live Updates
From: financialexpress
Financial News