ABB India

Profit zooms 21.7% to Rs 440.5 crore Vs Rs 362 crore. Revenue grows 5.2% to Rs 2,912.2 crore Vs Rs 2,769.2 crore. EBITDA jumps 23.2% to Rs 540.2 crore Vs Rs 438.5 crore. Margin expands 280 bps to 18.6% Vs 15.8%

Amara Raja Energy & Mobility Q2 (Standalone YoY)

Profit rises 6.3% to Rs 240.7 crore Vs Rs 226.4 crore. Revenue increases 11.55% to Rs 3,135.8 crore Vs Rs 2,811.1 crore. EBITDA grows 7.5% to Rs 440.7 crore Vs Rs 410 crore. Margin drops 55 bps to 14.05% Vs 14.6%. Company to make additional investment Rs 1,000 crore in its subsidiary Amara Raja Advanced Cell Technologies to set up gigafactories.

Gland Pharma Q2 (Consolidated YoY)

Profit declines 15.7% to Rs 163.5 crore Vs Rs 194.1 crore. Revenue grows 2.4% to Rs 1,405.8 crore Vs Rs 1,373.4 crore. EBITDA drops 8.3% to Rs 297 crore Vs Rs 324.1 crore. Margin falls 250 bps to 21.1% Vs 23.6%. 

Indian Railway Catering and Tourism Corporation Q2 (Consolidated YoY). 

Profit increases 4.5% to Rs 307.9 crore Vs Rs 294.7 crore.  Revenue rises 7.2% to Rs 1,064 crore Vs Rs 992.4 crore

KEC International Q2 (Consolidated YoY)

Profit surges 53% to Rs 85.4 crore Vs Rs 55.8 crore. Revenue grows 13.7% to Rs 5,113.3 crore Vs Rs 4,499 crore. Tax expenses jump to Rs 63.53 crore Vs Rs 6.52 crore. Deferred tax at Rs (35.47) crore Vs Rs 3.43 crore

JK Paper Q2 (Consolidated YoY)

Profit plunges 57.8% to Rs 129 crore Vs Rs 305.7 crore. Revenue grows 2% to Rs 1,682.9 crore Vs Rs 1,650 crore

Bata India Q2 (Consolidated YoY)

Profit spikes 53% to Rs 52 crore Vs Rs 34 crore. Revenue increases 2.2% to Rs 837.1 crore Vs Rs 819.1 crore. Exceptional item at Nil Vs loss of Rs 40.9 crore

Raymond Q2 (Consolidated YoY)

Profit zooms 112% to Rs 59.01 crore Vs Rs 27.8 crore. Revenue jumps 122.2% to Rs 1,044.7 crore Vs Rs 470 crore

Sundaram Finance Q2 (Standalone YoY)

Profit drops 7.2% to Rs 340.09 crore Vs Rs 366.4 crore. Revenue increases 16.2% to Rs 562.5 crore Vs Rs 483.9 crore

Kuantum Papers

The Board has appointed Vikram Kumar Khaitan as Chief Financial Officer (CFO) of the company, effective November 5, after Roshan Garg resigned from the position of CFO, effective November 4.

Embassy Office Parks REIT

The market regulator SEBI has asked Embassy Office Parks Management Services to suspend Aravind Maiya from acting as its Chief Executive Officer (CEO) and to appoint an interim CEO with immediate effect. Embassy Office Parks Management Services is the manager of Embassy REIT.

Afcons Infrastructure

Goldman Sachs India Equity Portfolio, Jupiter India Fund, Nomura Funds Ireland India Equity Fund, and Nomura India Investment Fund Mother Fund bought a 2.7% stake in the infrastructure engineering and construction company, amounting to Rs 449.08 crore.

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