![]() ![]() CEO and MD Sudhir Sitapati said that the company continues to have a healthy balance sheet while its net debt to equity ratio saw a drop. Price hikes drove net sales to Rs 3,391.2 crore in Q2FY23, up 7.2 per cent. Godrej Consumer Products: The FMCG major saw 25 per cent YoY fall in net profit to Rs 358.9 crore in Q2FY23. Moreover, dine-in and takeaway channels witnessed strong growth YoY. ![]() Revenue from operations, meanwhile, grew 16.6 per cent YoY to Rs 1301.5 crore in Q2FY23. Jubilant Foodworks: The company reported 10 per cent YoY jump in net profit to Rs 131.53 crore in Q2FY23. Sun Pharma: The pharma giant’s Mohali plant in Punjab received official action indicated (OAI) from the US Food and Drug Administration (USFDA), which indicated that the US health regulator may withhold approval of pending product applications till outstanding observations were resolved. Consolidated net loss, meanwhile, widened to Rs 571 crore in Q2FY23 from loss of Rs 472.9 crore in Q2FY22. Paytm: The company reported 76 per cent jump in revenue to Rs 1,914 crore in Q2FY23 from Rs 1,086 crore, in the year-ago period. Revenue for the company, too, rose 28 per cent year-on-year (YoY) to Rs 29,838 crore. Q2 results: Tata Motors, Pidilite Industries, P&G Hygiene and Healthcare, Star Health, Godrej Properties, Deepak Nitrite, Piramal Enterprises, Prestige Estates, Ramco Cements, Allcargo Logistics, among many others will report the July-September (Q2FY23) quarter results on Wednesday, November 9.Ĭoal India: The state-run miner saw 102 per cent jump in net profit to Rs 6,044 crore in Q2FY23 from Rs 2,933 crore, in the year-ago period, on the back of higher sales and rebound in power demand. Meanwhile, back home, here’s a list of stocks that may see action in Wednesday’s trade: Asia-Pacific markets, however, were mixed. Key indices like the Dow Jones, the S&P 500, and NASDAQ Composite gained up to 1 per cent. Globally, the US markets rose overnight as investors await results of mid-term elections. At 7:40 am, the SGX Nifty quoted 18,393 levels, up 46-odd points. ![]() Stocks to watch today: Strong global cues coupled with steady foreign flows may propel domestic equity markets in positive direction. ![]()
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