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Q2 Results LIVE Updates: Wockhardt net profit at ₹78 crore; Stove Kraft shares decline nearly 8% post earnings

Published on 03/11/2025 02:54 PM

Wockhardt Ltd reported a strong turnaround in Q2 FY26, posting a net profit of ₹78 crore against a loss of ₹22 crore last year. Operating margins improved sharply to 22.8% from 13.6% a year earlier. Following the results, shares surged over 11%, hitting an intraday high of ₹1,433 on the NSE.

Net Profit At Rs 78 Cr Vs Loss Of Rs 22 Cr (YoY)

Revenue down 3.3% At Rs 782 Cr Vs Rs 809 Cr (YoY)

EBITDA up 62% At Rs 178 Cr Vs Rs 110 Cr (YoY)

Margin At 22.8% Vs 13.6% (YoY)

Net Profit At ₹28 Cr Vs ₹36 Lk (YoY)

Exceptional gain at ₹58 Cr Vs Nil (YoY)

Revenue up 4% At ₹642 Cr Vs ₹618 Cr (YoY)

EBITDA down 11% At ₹67.3 Cr Vs ₹75.8 Cr (YoY)

Margin at 10.5% Vs 12.3% (YoY)

The stock is currently up 6.01%.

The company reported a net profit of Rs 299.5 crore, revenue increased 39%, EBITDA was up 94% and margin expanded to 26% from 18.5% last year.

The company’s investment of approximately Rs 806 crore is to expand the existing facility at Vadodara, Hosur and Padappai

Stove Kraft shares are currently down 6.8% at the moment.

The company’s net profit increased 27.5% in the second quarter, while its revenue was up 13.4%, EBITDA increased 15.7% and margins expanded to 12% from 11.7% last year.

GE Vernova T&D India Ltd reported a robust performance for the July–September quarter (Q2 FY26), with net profit surging nearly 107% year-on-year to ₹299.5 crore, compared with ₹144.6 crore in the same quarter last year.

Revenue rose 39% year-on-year to ₹1,538.4 crore, while EBITDA (earnings before interest, tax, depreciation and amortisation) nearly doubled to ₹396.4 crore from ₹204.5 crore.

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Ambuja Cements Ltd. reported a consolidated net profit of ₹1,766 crore for the September quarter, sharply higher than ₹480 crore in the same period last year, aided by a tax write-back of ₹1,465 crore versus a tax expense of ₹248 crore in the year-ago period.

Profit before tax rose 13% year-on-year to ₹838 crore from ₹744 crore. Revenue for the quarter came in at ₹9,175 crore, up 22% from ₹7,552 crore in the corresponding quarter last year. The company said this marks its highest-ever Q2 topline.

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Net Profit up 27.5% At Rs 21.3 Cr Vs Rs 16.7Cr (YoY)

Revenue up 13.4% At Rs 474.4 Cr Vs Rs 418.3 Cr (YoY)

EBITDA up 15.7% At Rs 56.7 Cr Vs Rs 49 Cr (YoY)

Margin At 12% Vs 11.7% (YoY)

Affle 3i To CNBC-TV18:

Reported Strong Results, Aided By Early Onset Of Festive Season

Loss On Account Of RMG Will Be Made Up For In 2 Quarters

Budgets Have Moved From Q2 To Q3FY26, Hence Expect A Recovery

Developed Market Grow Expected At 20% As Indicated Earlier

Overall Revenue Growth Expected At 20% In FY26

Fintech Segment Was A Little Soft To Start But Expect Things To Recover

Aim Is To Maintain CPCU Rates And Margin

Will Use AI To Help In Achieving Operational Efficiencies

 

Affle 3i To CNBC-TV18:

Reported Strong Results, Aided By Early Onset Of Festive Season

Loss On Account Of RMG Will Be Made Up For In 2 Quarters

Budgets Have Moved From Q2 To Q3FY26, Hence Expect A Recovery

Developed Market Grow Expected At 20% As Indicated Earlier

Overall Revenue Growth Expected At 20% In FY26

Fintech Segment Was A Little Soft To Start But Expect Things To Recover

Aim Is To Maintain CPCU Rates And Margin

Will Use AI To Help In Achieving Operational Efficiencies

 

Ajanta Pharma Ltd on Monday reported a 20% year-on-year rise in consolidated net profit at ₹260 crore for the quarter ended September 30, 2025, compared with ₹216 crore in the same period last year.

Revenue from operations grew 14% to ₹1,354 crore from ₹1,187 crore in the year-ago quarter, the company said in a filing with the stock exchanges. EBITDA stood at ₹328 crore, up 5% year-on-year, with margins at 24%

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Net Profit At Rs 299.5 Cr Vs Rs 144.6 Cr (YoY)

Revenue up 39% At Rs 1,538.4 Cr Vs Rs 1,108 Cr (YoY)

EBITDA up 94% At Rs 396.4 Cr Vs Rs 204.5 Cr (YoY)

Margin At 26% Vs 18.5% (YoY)

Investment Of Approx Rs 806 Cr To Expand Existing Facility At Vadodara, Hosur And Padappai

Arvind Fashions Ltd reported a strong performance for the July–September quarter (Q2 FY26), with net profit rising 25% year-on-year to ₹37.5 crore, compared with ₹30 crore in the same period last year.

Revenue grew 11% to ₹1,418 crore from ₹1,273 crore, led by robust sales momentum across key brands and channels.

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Thangamayil Jewellery Ltd. reported a strong turnaround in its September quarter results, posting a net profit of ₹58.5 crore compared to a loss of ₹17.4 crore in the same period last year.

Revenue from operations surged 45% year-on-year to ₹1,711 crore from ₹1,181 crore last year.

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At ₹360 crore, the market value of the Bengaluru-based Triton Valves is significantly less than the about ₹450 crore revenue it clocked in the financial year ended March 2025. And, it aims to double the annual revenue run rate to ₹1,000 crore in the next three to five years.

The projection implies a compounded annual growth rate (CAGR) of 18%, similar to the last five years, which may not be sufficient given the abysmally low 1% return on equity during the period.

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Net Profit up 19.3% At Rs 24 Cr Vs Rs 20 Cr (YoY)

Revenue up 2% At Rs 107.2 Cr Vs Rs 105.2 Cr (YoY)

EBITDA up 14.2% At Rs 33.4 Cr Vs Rs 29.5 Cr (YoY)

Margin At 31.4% Vs 28% (YoY)

Net Profit up 12% At Rs 488 Cr  Vs Rs 436 Cr (YoY)

Revenue up 14.4% At Rs 2,385.6 Cr Vs Rs 2,084.7 Cr (YoY)

Net Profit up 25% At Rs 37.5 Cr  Vs Rs 30 Cr (YoY)

Revenue up 11% At Rs 1,418 Cr Vs Rs 1,273 Cr (YoY)

EBITDA up 16% At Rs 188 Cr Vs Rs 162 Cr (YoY)

Margin At 13.3% Vs 12.7% (YoY)

Net Profit up 20% At Rs 260 Cr Vs Rs 216 Cr (YoY)

Revenue up 14% At Rs 1,354 Cr Vs Rs 1,187 Cr (YoY)

EBITDA up 6% At Rs 328 Cr Vs Rs 311 Cr (YoY)

Margin At 24.2% Vs 26.2% (YoY)

Net Profit At Rs 1,766 Cr Vs Rs 480 Cr (YoY)

Tax Write-back At Rs 1,465 Cr Vs Expense Of Rs 248 Cr  (YoY)

Profit Before Tax up 13%  At Rs 838 Cr Vs Rs 744 Cr (YoY)

Revenue up 22% At Rs 9,175 Cr Vs Rs 7,552 Cr (YoY)

EBITDA up 59% At Rs 1,761 Cr Vs Rs 1,111 Cr (YoY)

Margin At 19.2% Vs 14.7% (YoY)

Dodla Dairy Ltd. reported a 3.6% year-on-year rise in net profit to ₹65.6 crore for the July–September quarter, compared to ₹63.3 crore in the same period last year.

Revenue from operations increased 2% to ₹1,019 crore from ₹997.6 crore a year ago.

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Shares of Tata Consumer Products Ltd. (TCPL) recovered from the lows of the day to trade with gains in response to their quarterly results that were reported on Monday, October 3.

The company’s net profit for the quarter increased by 10.5% from last year to ₹397 crore, which is higher than the CNBC-TV18 poll of ₹367 crore.

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AWL Agri Business reported results for the September quarter, which saw a decline in its profitability on a year-on-year basis, while the margins remained unchanged from last year. The stock is seeing volatile moves after the results announcement.

Net profit for the period fell 21.3% to ₹244.7 crore form ₹311 crore last year. The profitability was impacted due to an increase in total expenses, finance costs, and employee benefit expenses.

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Shares of Thangamayil Jewellery are currently up 14% post earnings.

It reported a net profit of Rs 58.5 crore, its revenue increased 45% t. EBITDA was at Rs 106.2 crore compared to an EBITDA loss of Rs 7.5 crore last year and its margin was at 6.2%

 

Net Profit At Rs 58.5 Cr Vs Loss Of Rs 17.4 Cr (YoY)

Revenue up 45% At Rs 1,711 Cr Vs Rs 1,181 Cr (YoY)

EBITDA At Rs 106.2 Cr Vs EBITDA Loss Of Rs 7.5 Cr (YoY)

Margin At 6.2% (YoY)

Shipped goods worth over ₹19,187 crore, processed 10.7 crore e-commerce and freight shipment

Net profit at ₹397 crore vs CNBC-TV18 poll of ₹367 crore

Revenue at ₹4,966 crore vs CNBC-TV18 poll of ₹4,782 crore

EBITDA at ₹672 crore vs CNBC-TV18 poll of ₹630 crore

Margin at 13.5% vs CNBC-TV18 poll of 13.2%

Net profit (GU)10.5% at ₹397 crore vs ₹359 crore (YoY)

Revenue (GU)18% at ₹4,966 crore vs ₹4,214.5 crore (YoY)

EBITDA (GU)7.3% at ₹672 crore vs ₹626.3 crore (YoY)

Margin at 13.5% vs 14.9% (YoY)

We Have Been EBITDA Positive For The Last 3 Yrs

Adj EBITDA Was At `355 Cr In FY25 Vs `160 Cr In FY24

Q1FY26 Adj EBITDA Was Around `120 Cr+

FY25 Loss Narrowed To Around `140 Cr Vs Loss Of `350 Cr In FY25

Want To Continue The Trend Of Improving Bottomline

30% Rev From Issuing & Acquiring Platform Where Co Issues Prepaid Cards, Wallets

70% Of Rev Is Diversified B/w POS Based Rev, Value Added Svcs, EMIs Offers For Financial Cos

POS Rev Is Less Than 50% Of Our Digital Infra Rev

We Have Grown Our Rev By 20% Over The Last 3 Yrs, While Expanding Margin

EBITDA Margin Has Gone From Low Single-digits To 20% In Q1FY26

Global Peers In The Payments Biz Operate Between 40-55% EBITDA Margin

Around 15% Of Our Rev Comes From International Markets

We Have More Than `1,000 Cr Of Cash On Our Balance Sheet

Have Cut Debt Repayment Portion Of Our Fresh Issue, Lowered Overall IPO Size

While We Reduced Overall Issue Size, We Haven’t Cut Growth Related Activities Like Intl Expansion, Tech Invst

GTV Growth In Our Business Has Been More Than 60% Over The Last 3 Yrs

Number Of Transactions On Our Platforms Has Compounded More Than 50% Over The Last 3 Yrs

Number Of Merchants On Platform Has Compounded At 30%+ In The Last Three Years

Top 5 Banks And Top 3 Quick Commerce Cos Use Pine Labs, See No Dearth Of Opportunity

Competition Is Not Something Which Keeps Me Awake In The Night

 

Expecting Positive Action From Regulators

1/3rd Of Biz Grew >15% In Q2, Another 1/3rd Was Hit By Monsoons And Regulatory Issues

Category Recovery Of 5–6% Is Still A Quarter Away

Premium Biz Will Bounce Back Over 30% In Q3

Confident That Q3 Volumes Will Remain Positive

Seeing Gross Margin Recovery In Premium Due To Local Production

Working Towards Managing Bottle Returns

Raw Material Prices Are Stabilising

However, Higher Aluminium Can Costs & MSP Hike In Barley May Impact Overall Costs

Have Touched 20% Market Share In Premium

Net profit (RD)21.3% at ₹244.7 crore vs ₹311 crore (YoY)

Revenue (GU)21.8% at ₹17,605 crore vs ₹14,450 crore (YoY)

EBITDA (GU)21% at ₹688.3 crore vs ₹568.4 crore (YoY)

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