Angel One reported a consolidated net profit of Rs 423 crore in Q2FY25, up 39% from Q2FY24. Total revenue from operations stood at Rs 1,515 crore, up 44.5% YoY. On a sequential basis, PAT was up 45% from Q1FY25. Consolidated total gross revenues for the reported quarter stood at Rs 1516 crore versus Rs 1,410 crore in Q1FY25, a growth of 7.5% QoQ
Posts in category Economic Times
Reliance Retail Q2 Results: Profit rises 1.3% YoY to Rs 2,836 crore, revenue declines by 3.5% (14-10-2024)
Reliance Retail Q2 Results: Company experienced a 3.5% decline in revenue, reaching Rs 66,502 crore compared to Rs 68,937 crore in the same quarter last year. This dip was attributed to weaker demand in the fashion and lifestyle sector, along with a strategic focus on streamlining operations and adjusting its B2B approach to boost margins. Despite this, the retail arm still generated a substantial gross revenue of Rs 76,302 crore, though this figure also represents a 1.1% drop year-on-year.
Reliance Jio Q2 Results: Profit jumps 23% YoY to Rs 6,539 crore, revenue up 18% (14-10-2024)
Reliance Jio Infocomm on Monday reported a 23.4% jump in its September quarter consolidated net profit at Rs 6,539 crore versus Rs 5,299 crore reported by the company in the year ago period. The revenue from operations stood at Rs 31,709 crore, higher by 18% over Rs 26,875 posted by the company in the corresponding quarter of the previous financial year.
S&P 500 opens at record high with corporate earnings, economic data in focus (14-10-2024)
The Dow Jones Industrial Average fell 63.0 points, or 0.15%, at the open to 42,800.89. The S&P 500 rose 14.8 points, or 0.25%, at the open to 5,829.81, while the Nasdaq Composite rose 83.7 points, or 0.46%, to 18,426.658 at the opening bell.
RIL Q2 Results: Net profit falls 5% YoY to Rs 16,563 crore, but beats estimates (14-10-2024)
Reliance Industries Q2 Results: The company exceeded profit forecasts in the second quarter, despite a marginal 0.2% YoY revenue growth to Rs 2.35 lakh crore and a 2% decline in EBITDA. The company’s profit beat the ET Now poll estimate of Rs 15,716 crore, signalling strength despite the slight dip in revenue and EBITDA. EBITDA margins also decreased by 50 basis points to 17%.
Gold revisits all-time high of Rs 78,700 per 10 grams (14-10-2024)
In addition to this, the long liquidation by short-term traders also had a negative impact on gold prices, and money managers reduced their net-bullish bets on gold to their lowest level in eight weeks, Gandhi added.
Sebi introduces framework to monitor shareholding of market infra institutions (14-10-2024)
Each MII must appoint a non-associated Designated Depository (DD) to monitor compliance with shareholding limits. For depositories, the other depository will act as their DD.
Breakout Stocks: How to trade BSE, Oberoi Realty and Aptus Value on Tuesday (14-10-2024)
Capital goods, consumer durables, IT, realty, and banks saw increased investment, while oil & gas and metal stocks experienced a decline.
Red Flags? Top 5 stocks experiencing increased days of receivables (14-10-2024)
StockEdge highlights 5 Nifty500 stocks with the highest Days of Receivables, indicating potential cash flow issues or billing inefficiencies. This could impact their liquidity and financial stability if it persists.