Business Standard

Q2 results

Funding into AI-focused startups more than doubles to $24 bn in Q2

Overall startup funding grew 16% sequentially to touch $79 bn in last quarter, primarily driven by investments in AI, which became largest sector for first time, followed by healthcare and biotech

Funding into AI-focused startups more than doubles to $24 bn in Q2
Updated On : 09 Jul 2024 | 8:34 PM IST

Samsung flags better-than-expected rise in Q2 profit as chip prices jump

The world's largest memory chip and TV maker estimated its operating profit rose to 10.4 trillion won ($7.54 billion) in the quarter ended June 30

Samsung flags better-than-expected rise in Q2 profit as chip prices jump
Updated On : 05 Jul 2024 | 7:29 AM IST

State bonds, treasury bills supply for Q2 along the expected lines

States and Union Territories also plan to borrow up to Rs 2.63 trillion through state government securities over the same period

State bonds, treasury bills supply for Q2 along the expected lines
Updated On : 28 Jun 2024 | 9:06 PM IST

Stock market gives thumbs up to Siemens' strong performance in Q2

The company is expanding facilities across GIS, metro and transformers to cater to domestic and export demand

Stock market gives thumbs up to Siemens' strong performance in Q2
Updated On : 15 May 2024 | 11:05 PM IST

Uniqlo operator Fast Retailing's Q2 profit climbs 7.2% at $721.80 mn

Fast Retailing left its full-year operating profit forecast unchanged at 450 billion yen

Uniqlo operator Fast Retailing's Q2 profit climbs 7.2% at $721.80 mn
Updated On : 11 Apr 2024 | 12:33 PM IST

P&G Health Q2 results: Net profit dips 6% to Rs 72 cr, income at Rs 315 cr

Procter & Gamble Health Ltd on Tuesday said its profit after tax declined 6 per cent to Rs 72 crore for the second quarter ended December 2023. The company had reported a Profit After Tax (PAT) of Rs 77 crore in the October-December period of the last fiscal. Total income for the period under review stood at Rs 315 crore as against Rs 314 crore in the year-ago period, Procter & Gamble Health said in a regulatory filing. The company follows a July-June financial year. "This has been a challenging quarter for the company on account of an overall slowdown in the vitamins, minerals and supplements category coupled with a delayed seasonal onset," P&G Health India MD Milind Thatte said. With improved productivity, efficiency and continued strategic investments, the company has been able to deliver a modest topline and bottomline, he added. The company said its board has declared an interim dividend of Rs 200 per share for the financial year 2023-24. Shares of the company settled

P&G Health Q2 results: Net profit dips 6% to Rs 72 cr, income at Rs 315 cr
Updated On : 06 Feb 2024 | 10:30 PM IST

Qualcomm Q2 profit forecast beats estimates amid AI push, shares gyrate

For Qualcomm, "5 per cent revenue growth and 24 per cent earnings growth is very constructive in a skeptical earnings season environment," said Thomas J. Hayes of Great Hill Capital

Qualcomm Q2 profit forecast beats estimates amid AI push, shares gyrate
Updated On : 01 Feb 2024 | 7:08 AM IST

Ashok Soota-led Happiest Minds eyes strong momentum from India biz

Manufacturing and banking, financial services and insurance (BFSI) together contribute about 26 per cent to the total revenues

Ashok Soota-led Happiest Minds eyes strong momentum from India biz
Updated On : 21 Jan 2024 | 10:06 PM IST

SpiceJet soars 15% ahead of Q2 results, fund raising plan; up 46% in 3 days

The company's board to consider options for raising fresh capital through the issuance of equity or convertible securities on a preferential basis today; also to announce Q2 results.

SpiceJet soars 15% ahead of Q2 results, fund raising plan; up 46% in 3 days
Updated On : 11 Dec 2023 | 12:42 PM IST

Share of urban women with salaried jobs at 6-year low in Q2: PLFS

A recent report by the State Bank of India (SBI) claimed that India's labour market including female employment is undergoing a structural transformation with self-entrepreneurship in 'all echelons'

Share of urban women with salaried jobs at 6-year low in Q2: PLFS
Updated On : 10 Dec 2023 | 10:50 PM IST

Godrej Properties debt up 17% to Rs 6,174 cr to fund land acquisitions

Realty firm Godrej Properties net debt rose 17 per cent in the July-September quarter to Rs 6,174 crore mainly due to fund acquisition of land parcels. According to its investors presentation, the net debt of Mumbai-based Godrej Properties stood at Rs 6,174 crore as on September 30, 2023. Its net debt was Rs 5,298 crore as on June 30, 2023 and Rs 3,649 crore at the end of the last fiscal. Last month, Godrej Properties Executive Chairperson Pirojsha Godrej had said that the net debt has risen because of aggressive land acquisitions done by the company since last April. Most of the land acquisition has been done outright which requires upfront payment, he had said. However, Pirojsha Godrej maintained that the debt position is comfortable as the net debt-equity ratio is 0.65. During the last financial year, Godrej Properties acquired multiple land parcels across various cities to develop housing projects that can generate a revenue of Rs 32,325 crore. In the current fiscal, the comp

Godrej Properties debt up 17% to Rs 6,174 cr to fund land acquisitions
Updated On : 03 Dec 2023 | 11:15 PM IST

Persistent Systems adds 4 execs to leadership team to fuel growth plans

Digital engineering services firm has a target of doubling annual revenue to $2 bn by 2026

Persistent Systems adds 4 execs to leadership team to fuel growth plans
Updated On : 01 Dec 2023 | 2:58 PM IST

Mixed results

Economic activity remains uneven

Mixed results
Updated On : 28 Nov 2023 | 9:20 PM IST

Siemens net profit down 12.4% to Rs 571 crore in September quarter

"The expansion in capacities of both these products will enable the company to meet the growing demand both in India and globally," the company said

Siemens net profit down 12.4% to Rs 571 crore in September quarter
Updated On : 28 Nov 2023 | 8:32 PM IST
Updated On : 24 Nov 2023 | 10:48 PM IST

Market share gains, margins and store network expansion to support Titan

The company delivered a better than expected performance in Q2FY24 on the back of healthy revenue growth and expansion in operating profit margins

Market share gains, margins and store network expansion to support Titan
Updated On : 24 Nov 2023 | 8:28 AM IST

Honasa Consumer shares soar 20% after strong performance in Q2

Shares of the company last closed at Rs 424

Honasa Consumer shares soar 20% after strong performance in Q2
Updated On : 23 Nov 2023 | 10:36 PM IST

Honasa Consumer's profit rises 93% to Rs 29.4 crore in September quarter

According to the firm's first-ever earnings update since its stock market debut earlier this month, consolidated revenue from operations grew 21 per cent Y-o-Y to Rs 496.1 crore

Honasa Consumer's profit rises 93% to Rs 29.4 crore in September quarter
Updated On : 22 Nov 2023 | 7:40 PM IST

IFGL Refractories hits new high; zooms 87% in 1 month on solid Q2 results

The stock was trading higher for the fourth straight day, surging 26 per cent during the period.

IFGL Refractories hits new high; zooms 87% in 1 month on solid Q2 results
Updated On : 22 Nov 2023 | 11:22 AM IST

'Post-it' maker 3M India's profit jumps 38% in Q2 on steady demand

It reported a more than 6% rise in revenue from operations to Rs 1,040 crore, helped by a near 5% growth in the transportation and electronics segment

'Post-it' maker 3M India's profit jumps 38% in Q2 on steady demand
Updated On : 21 Nov 2023 | 2:40 PM IST