Q2 Results 2024 LIVE Updates: Around 67 companies will announce their earnings for the second quarter of FY25 today. While One 97 Communications, the parent company of fintech major Paytm, swung back to black, other prominent names, such as include Bajaj Finance, Zomato, Adani Green Energy, Adani Energy Solutions, ICICI Prudential Life Insurance, M&M Financial Services and Varun Beverages, are among several companies that will declare their Q2 results today. Stay tuned to our Q2 results 2024 live blog for the latest updates.
Q2 Results 2024 Live: Mahindra & Mahindra Finance net profit rises 57% to ₹369 crore, revenue at ₹3,897 crore
M&M Financial Services has posted a significant 57.1% rise in its net profit for the second quarter, reaching ₹369.5 crore, up from ₹235.2 crore in the corresponding period of the previous year.
Q2 Results 2024 Live: Zomato’s revenue rises 69%
The company’s revenue saw a 68.5% increase, reaching ₹4,799 crore, up from ₹2,848 crore year-on-year.
Q2 Results 2024 Live: Zomato reports 389% rise in net profit to ₹176 crore
On Tuesday, online food delivery giant Zomato Ltd reported a 389 per cent year-on-year increase in its consolidated net profit for the second quarter of the fiscal year, ending in September (Q2FY25), reaching ₹176 crore.
Q2 Results 2024 Live: Adani Green Solutions Q2 revenue surges 68%
The company’s consolidated revenue saw a significant increase of 68%, rising to ₹6,184 crore from ₹3,674 crore in the prior year. Furthermore, consolidated EBITDA grew by 19%, reaching ₹1,787 crore compared to ₹1,505 crore in the previous year.
Q2 Results 2024 Live: Adani Green Solutions posts strong Q2 quarter with 144% rise in net profit
Adani Energy Solutions has delivered strong Q2 results, with a consolidated net profit of ₹675 crore, a significant 144% rise compared to ₹276 crore in the same quarter last year.
Q2 Results 2024 Live: Zomato share price trades flat before Q2 results today. Is this a stock to buy?
Speaking on expectations from Zomato’s Q2FY25 results today, Mahesh M Ojha, AVP—Research at Hensex Securities, said, “Zomato should continue its healthy topline growth coupled with bottom line improvements. Zomato will likely deliver revenue growth of 69% YoY/14% QoQ. The consolidated EBITDA margin will likely improve to 99bps QoQ, which profit improvements across business segments will lead. Continued execution in the quick commerce vertical should enhance Zomato’s performance.”
Q2 Results 2024 Live: Zomato’s hyperpure outlook
Additionally, Hyperpure revenues are expected to rise by 74 per cent YoY, while Blinkit revenues are projected to grow by 122 per cent YoY. Kotak analysts estimate the total revenue for the second quarter to be ₹4,644 crore, up from ₹2,848 crore in the same period last year, reflecting a 63 per cent increase.
Q2 Results 2024 Live: Bajaj Finance’s net profit may jump 33%
The company’s net profit in Q2FY25 is estimated to rise nearly 33% to ₹4,710 crore from ₹3,550.80 crore, year-on-year (YoY). Estimates also show Pre-Provisions Operating Profit (PPOP) during the quarter to grow over 24% to ₹7,273 crore from ₹5,834.70 crore, YoY.
Q2 Results 2024 Live: Zomato’s net profit and revenue
Brokerage firm Kotak Institutional Equities anticipates a 63 per cent year-on-year (YoY) revenue growth for Q2FY25, primarily fueled by a 37 per cent YoY increase in food delivery revenues.
Q2 Results 2024 Live: Paytm shares fall over 5% after Q2 results
Q2 Results 2024 Live: Paytm share price dropped over 5% after the Q2 results. Paytm shares fell as much as 5.79% to ₹683.80 apiece on the BSE.
Q2 Results 2024 Live: Paytm Q2 Results Highlights
Q2 Results 2024 Live: Payment services revenue of ₹981 crore, up 9% QoQ
Net payment margin of ₹465 crore, up 21% QoQ
GMV of ₹4.5 lakh crore, up 5% QoQ
Merchant subscriber base for devices has reached 1.12 crore as of September 2024, an increase of 3 lakh QoQ
Financial services revenue of ₹376 crore, up 34% QoQ
Q2 Results 2024 Live: Paytm Contribution margin up 356 bps QoQ to 54%
Q2 Results 2024 Live: Paytm’s contribution margin of 54% was up 356 bps QoQ, while contribution profit of ₹894 crore increased 18% QoQ. EBITDA loss before ESOP narrowed to ₹186 crore, while EBITDA loss also narrowed QoQ to ₹404 crore.
Q2 Results 2024 Live: Paytm Q2 revenue rises 11% QoQ
Q2 Results 2024 Live: Paytm’s consolidated revenue from operations in Q2FY25 increased 11% to ₹1,659.5 crore from ₹1,501.6 crore, QoQ. However, revenue dropped from ₹2,518.6 crore YoY.
Q2 Results 2024 Live: Paytm Q2 net profit led by exceptional gains
Q2 Results 2024 Live: Paytm reported a consolidated net profit of ₹930 crore in the quarter ended September led by exceptional gains of ₹1,345 crore on account of sale of entertainment ticketing business.
Q2 Results 2024 Live: Paytm posts net profit of ₹928 crore
Q2 Results 2024 Live: Paytm reported a net profit of ₹928 crore in the quarter ended September
Q2 Results 2024 Live: Zomato Q2 revenue may jump 63% YoY
Q2 Results 2024 Live: Zomato is expected to report total revenue for the second quarter at ₹4,644 crore, up from ₹2,848 crore in the same period last year, reflecting a 63% increase, according to Kotak Institutional Equities.
Q2 Results 2024 Live: Zomato likely to report significant revenue and net profit growth
Q2 Results 2024 Live: Food delivery giant Zomato is anticipated to report a significant increase in both revenue and net profit for the September quarter of FY 2024-25. Analysts expect the company to report robust profit and revenue figures for Q2FY25, fueled by the expansion of its food delivery operations. Additionally, revenue growth from its Hyperpure and Blinkit divisions could further contribute to the company’s strong Q2 performance.
Q2 Results 2024 Live: Zomato stock price gains 2% ahead of Q2 results
Q2 Results 2024 Live: Zomato share price gained 2% ahead of the announcement of Q2 earnings. Zomato shares have risen over 7% in one month and 58% in three months, The stock is up 12% year-to-date (YTD).
Q2 Results 2024 Live: Zomato, Paytm, Bajaj Finance among 67 companies to declare Q2 results
Q2 Results 2024 Live: Bajaj Finance, One 97 Communications, the parent company of fintech major Paytm, Zomato, Adani Green Energy, Adani Energy Solutions, ICICI Prudential Life Insurance, M&M Financial and Varun Beverages, are among several companies that will declare their Q2 results today.
Q2 Results 2024 Live: 67 companies to declare Q2 results today
Q2 Results 2024 Live: Around 67 companies will announce their earnings for the second quarter of FY25 today.
