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Larsen & Toubro, Tata Power, and Procter & Gamble are among 77 companies releasing their Q2FY25 earnings today, with analysts noting mixed results leading to a downward revision in growth projections for the Nifty 50 index. L&T is expected to report a 12-19% increase in core profit, while Cipla's net profit rose 15.2% year-on-year, exceeding expectations. In contrast, Maruti Suzuki reported an 18.1% decline in net profit, attributed to tax liabilities and reduced demand for small cars, as market sentiment remains cautious amid ongoing earnings reports.
The Q2 earnings season is in full swing, with major companies like TCS, HCL Technologies, and Infosys having reported their results. Today, firms including Maruti Suzuki, Adani Enterprises, and Cipla are set to announce their earnings. Notably, Honeywell Automation and Godrej Agrovet reported profit declines of 5.6% and 7.8%, respectively.
The Tata Power Company Limited
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mixed earnings reports prompt cautious market response as q2 results unfold
Indian Rupee
Larsen & Toubro Limited
The Tata Power Company Limited
Procter & Gamble Hygiene and Health Care Limited
IND
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05:58 30.10.2024
Q2 earnings season underway with major companies reporting financial results
Zomato Limited
Biocon Limited
HUL
Havells India Limited
Axis Bank Limited
Tech Mahindra Limited
Bharti Airtel Limited
PVR INOX Limited
Bajaj Auto Limited
V-Mart Retail Limited
Reliance Industries Limited
Cipla Limited
BPCL
The Tata Power Company Limited
TVS Motor Company Limited
ITC
HCL Technologies Limited
Piramal Pharma Limited
Nestlé India Limited
Paytm
Procter and Gamble Hygiene and Health Care
Aditya Birla Capital Limited
Adani Enterprises Limited
Coal India Limited
Marico Limited
Wipro Limited
ICICI Bank Limited
Infosys Limited
Maruti Suzuki India Limited
Dabur India Limited
HDFC Bank Limited
Larsen & Toubro Limited
Apple Inc.
Punjab National Bank
JSW Steel Limited
Tata Consultancy Services Limited
IND
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07:06 29.10.2024
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