PNB Housing Finance Q2 Profit Rises, Mahindra Logistics Incurs Net Loss — Earnings Wrap
Here are the major quarterly results announced after market hours on Monday.
PNB Housing Finance Ltd.'s profit rose in the second quarter of fiscal 2024 on account of an increase in interest income and a significant improvement in asset quality.
Standalone net profit increased 46% year-on-year in the quarter ended September to Rs 384.40 crore, as compared with Rs 263 crore in the same quarter last year, according to a regulatory filing issued on Monday.
In the quarter ended June, the net profit of PNB Housing Finance stood at Rs 347 crore.
Mahindra Logistics Ltd.'s revenue rose 2.89% to Rs 1,364.76 crore year-on-year.
The company incurred a net loss of Rs 15.93 crore as against a profit of Rs 12.19 crore over the same period last year. Ebitda fell 20.75% to Rs 53.57 crore.
Here are the major quarterly results announced after market hours on Monday:
Mahindra Logistics Q2 FY24 (Consolidated, YoY)
Revenue is up 2.89% at Rs 1,364.76 crore vs. Rs 1,326.33 crore.
Ebitda is down 20.75% at Rs 53.57 crore vs. Rs 67.58 crore.
Margin at 3.92% vs. 5.09%
Net loss of Rs 15.93 crore vs. profit of Rs 12.19 crore
PNB Housing Q2 FY24 (Standalone, YoY)
Total income is up 5.75% at Rs 1,767.81 crore vs. Rs 1,671.56 crore.
Net profit rises 46.2% to Rs 384.4 crore vs. Rs 262.91 crore.
Lloyds Metal and Energy Q2 FY24 (Consolidated, YoY)
Revenue is up 61.97% at Rs 1,091.31 crore vs. Rs 673.76 crore.
Ebitda is up 82.45% at Rs 286.31 crore vs. Rs 156.92 crore.
Margin at 26.23% vs. 23.29%
Net profit is up 62.04% at Rs 231.25 crore vs. Rs 142.71 crore.
Alok Industries Q2 FY24 (Consolidated, YoY)
Revenue is down 20% to Rs 1,359.02 crore vs. Rs 1,698.58 crore.
Ebitda at Rs 35.94 crore vs. Ebitda loss of Rs 11.25 crore
Net loss of Rs 174.83 crore vs. loss of Rs 191.5 crore
Torrent Pharmaceuticals Q2 FY24 (Consolidated, YoY)
Revenue is up 16.1% at Rs 2,660 crore vs. Rs 2,291 crore.
Ebitda rises 21.5% to Rs 825 crore vs. Rs 679 crore.
Margin at 31.01% vs. 29.63%
Net profit is up 23.71% at Rs 386 crore vs. Rs 312 crore.
Kewal Kiran Clothing Q2 FY24 (Consolidated, YoY)
Revenue is up 15.96% at Rs 262.48 crore vs. Rs 226.34 crore.
Ebitda is up 23.43% at Rs 61.73 crore vs. Rs 50.01 crore.
Margin at 23.51% vs. 22.09%
Net profit is up 27.04% at Rs 49.66 crore vs. Rs 39.09 crore.