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Q2 Earnings 2024 Live Updates: The fiscal second quarter earnings season is in full swing now with many major firms and all of the IT services giants having released their Q2 results. Firms like Tata Consultancy Services (TCS), HCL Technologies, Infosys, Wipro, Tech Mahindra, Reliance Industries, Bank of Maharashtra, Nestle India, Axis Bank, HDFC Bank, LTIMindtree, Havells India, Tata Communications, PVR Inox, Bajaj Auto, L&T Technology Services, Mphasis, Cyient DLM, Mahindra Logistics, among many others have released their Q2 earnings already.
Today, companies like Bajaj Finance, One 97 Communications Paytm, Adani Green Energy Limited, Zomato, Varun Beverages, Adani Energy Solutions, ICICI Prudential Life Insurance Company, Persistent Systems, SRF, COFORGE LIMITED, Max Financial Services, Mahindra & Mahindra Financial Services, ICICI Securities, Jubilant Ingrevia, Shoppers Stop, Goodyear India, IIFL Securities, 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.
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This week, other key players like HUL, ITC, Godrej Consumer Products, Adani Wilmar, Patanjali Foods, TVS Motor, NTPC, Coal India, JSW Steel, and others will announce their Q2 numbers.
Live Updates 11:51 (IST) 22 Oct 2024 Paytm Q2 Results 2024 Live: Performance by payment services
In Q2FY25, payments revenue was Rs 981 Cr, up 9 per cent QoQ, led by increase in GMV,
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