From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Tamilnadu Petroproducts’ Q2 net profit almost doubles
What's behind this
Today several companies are scheduled to release their Q2 earnings, with BusinessLine highlighting that State Bank of India’s profit rose about 14% and that Bajaj Finserv, Pfizer, Solar Industries, Rane (Madras), Yatharth, Emcure Pharma, Zydus Wellness and others are expected to report profit gains, while AIA Engineering is slated to show a decline. Awfis reported its Q2 net profit almost doubling to roughly ₹30.8 cr, with revenue up 20%. The National Stock Exchange posted a 23% profit increase to ₹2,578 cr, and ESDS Software Solutions saw a 41% rise to ₹31.1 cr. Additional firms such as Fortis, Bajaj Holdings, Lloyds Metals, Lupin and MCX will also announce results.
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The company attributed the performance to stable demand and efficient cost management
RSS excerpt
The company attributed the performance to stable demand and efficient cost management
