Around 70 companies will release their results for the second quarter of the current fiscal year (Q2FY25) on Tuesday, October 22. Top companies reporting results today include Zomato, Varun Beverages, Bajaj Finance, Paytm, ICICI Prudential Life Insurance, Coforge, Adani Green Energy, Persistent systemsAmber Enterprises India, Aditya Birla Real Estate, Paytm and Indus Towers.
In addition to these, Adani Energy Solutions, Can Fin Homes, Chennai Petroleum CorporationChoice International, Gujarat Mineral Development Corporation, Goodyear India, IIFL Securities, Jubilant Ingrevia, Kajaria Ceramics, Mahindra & Mahindra Financial Services, Max Financial Services, NDL Ventures, Olectra Greentech, Persistent Systems, Pet Plastics, Prime Securities, Rajath Finance, Royale Hotels and Manor Industries, Regis Industries, Receptive industriesRO Jewelry, Salasar Tecno EngineeringBuyers Stop, SRF, Supreme Industries, Swastika Investmart, Tokyo Plast InternationalUgro Capital, Vikas Lifecare, Welspun Specialized Solutions and Zensar Technologies will also publish their results today.
These results are expected to provide valuable information about your financial health and market strategies.
Zomato Q2 Preview
Online food delivery service Zomato is scheduled to reveal its financial results for Q2FY25 on Tuesday, October 22.
Industry analysts predict that Zomato will show a notable increase in both revenue and net profit for the quarter ending September 2024-25. They anticipate the company’s growth in food delivery services, along with revenue growth from its Hyperpure and Blinkit segments, will play a key role in driving strong performance for Q2FY25.
Paytm Q2 Preview
Analysts estimate that Paytm will report improved revenue growth when it releases its second quarter results today. That said, losses are also expected to increase.
Paytm is expected to report a higher net loss of around $660 crore in Q2FY25 against a net loss of $290 crore year-on-year, estimates by Motilal Oswal Financial Services.
Bajaj Finance Q2 Preview
Bajaj Finance is expected to report strong second quarter results on Tuesday, with strong growth in net profit.
For the quarter ending September 2024, the company is projected to report net interest income of $8,925 crore, an increase of 24% from $7,197 crore in the same period last year, according to a survey of five brokerages by Livemint.
Bajaj Finance’s net profit for Q2FY25 is estimated to rise by almost 33%, reaching $4,710 crore, as against $3,550.80 crore in the previous year.
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