Techno Electric & Engineering Company Ltd saw a 5% increase in its stock price today as investors anticipate the company’s Q2 FY25 financial results. The company’s performance in this quarter is highly awaited, particularly in light of its strategic projects and ongoing investments in energy infrastructure.
Today, a number of prominent companies across various sectors are also set to release their financial results for the second quarter of the fiscal year. Here’s a list of the companies to watch and their respective sectors:
Major Companies Announcing Results
- Hero MotoCorp Ltd – Two-wheeler manufacturing
- Grasim Industries Ltd – Flagship company of Aditya Birla Group
- Hindustan Aeronautics Ltd – State-run aerospace firm
- Muthoot Finance Ltd – Gold loan non-banking financial company (NBFC)
- Glenmark Pharmaceuticals Ltd – Pharma sector
- Bharat Forge Ltd – Forging industry
- Honasa Consumer Ltd (MamaEarth) – Consumer goods
- Kirloskar Industries Ltd – Engineering
- Reliance Infrastructure Ltd – Infrastructure, led by Anil Ambani
Other Notable Companies
- Lemon Tree Hotels Ltd – Hospitality
- Afcom Holdings Ltd – Cargo transportation
- Brainbees Solution Ltd (FirstCry) – E-commerce/retail
- Bharat Dynamics Ltd – State-owned defense equipment manufacturing
- Crompton Greaves Consumer Electricals Ltd – Electrical equipment
- Delhivery Ltd – Logistics
- Ipca Labs Ltd – Pharmaceuticals
- Swan Energy Ltd – Oil, gas, and petrochemical trading
- Schneider Electric Infrastructure Ltd – Advanced tech products
Recent Highlights
- Eicher Motors: Reported an 8% increase in its consolidated net profit to ₹1,100 crore for Q2 FY25, compared to ₹1,016 crore in the same quarter last year. Revenue from operations rose to ₹4,263 crore from ₹4,115 crore year-on-year. The Royal Enfield division posted sales of 2,25,317 motorcycles, a slight decline from 2,29,496 units sold in the year-ago period. Siddhartha Lal, Managing Director of Eicher Motors, highlighted the sustained momentum in both Royal Enfield and VE Commercial Vehicles.
These Q2 results will offer valuable insights into the financial performance and growth trajectory of companies across various industries, shedding light on their resilience and strategic positioning in the current fiscal landscape.
