Reliance Industries | Reliance and Disney announced the completion of their joint venture (JV) to form a unified entertainment brand in India. Nita Ambani will serve as the Chairperson of this JV, which is valued at ₹70,352 crore.
Crompton Greaves | The company reported a 28.6% rise in profit for the September 2024 quarter, reaching ₹125 crore compared to ₹97.2 crore in the same period last year. Revenue increased by 6.4% to ₹1,896 crore from ₹1,782.3 crore.
Hero MotoCorp | The automobile company posted a 14.2% increase in profit for the September quarter, reaching ₹1,203.5 crore, compared to ₹1,054 crore last year. Revenue climbed 10.8% to ₹10,463.2 crore, up from ₹9,445 crore.
Grasim Industries | The company’s profit dropped 66% in Q2 FY2025 to ₹390 crore, down from ₹1,164 crore last year, primarily due to lower cement realizations and planned investments in the paints business under Birla Opus. Revenue, however, rose 11.1% to ₹33,562.85 crore.
Indraprastha Gas | IGL announced a 20% reduction in gas allocation by GAIL, effective November 16, impacting profitability. The company is exploring measures to address the reduced allocation.
Adani Total Gas | GAIL reduced gas supply to Adani Total Gas by 13%, effective November 16. The company indicated that profitability would be adversely affected and plans to calibrate retail prices for consumers to offset the impact.
PTC Industries | Profit surged 112% in Q2 FY2025 to ₹17.31 crore from ₹8.14 crore last year. Revenue increased to ₹72.36 crore, compared to ₹57.51 crore in the corresponding period.
Happiest Minds | The company posted a 15.2% drop in profit for the September quarter, at ₹49.52 crore, compared to ₹58.46 crore last year. Revenue grew to ₹521.64 crore from ₹406.62 crore.
Hindustan Zinc | Hindustan Zinc secured a gold mining block in Rajasthan through an auction. This marks Vedanta Group’s entry into the gold mining sector, with the company being declared the preferred bidder for the Dugaucha Gold Block.
Sobha Ltd | The company reported a 73% jump in profit for the September quarter to ₹26 crore from ₹15 crore last year. Revenue rose to ₹933.5 crore, compared to ₹741.2 crore in the same period.
Honasa Consumer | The Mamaearth parent company reported a net loss of ₹18.6 crore for Q2 FY2025, with revenue declining to ₹461.8 crore from ₹496 crore last year. EBITDA turned negative at ₹30.7 crore, compared to a positive ₹40.1 crore last year.
Delhivery | The logistics swung to a profit of ₹10.2 crore in Q2 FY2025, compared to a loss of ₹102.9 crore last year. Revenue rose 12.8% to ₹2,189.7 crore, while EBITDA reached ₹57.3 crore, improving from a loss of ₹15.7 crore last year. EBITDA margin stood at 2.6%.
Glenmark Pharmaceuticals | The company returned to profitability, reporting a net profit of ₹354.4 crore in Q2 FY2025, compared to a loss of ₹180.2 crore last year. Revenue increased to ₹3,433.7 crore from ₹3,207.3 crore.