Concor Q2 Results: EBITDA up 6.5%, announces ₹3.25 interim dividend

Container Corporation of India (CONCOR) reported a slight profit dip in Q2, with net profit down 0.6%. Revenue rose 4.2%, while EBITDA saw 6.5% growth, and margins improved.

Container Corporation of India (CONCOR) reported a slight profit dip in Q2, with net profit down 0.6%. Revenue rose 4.2%, while EBITDA saw 6.5% growth, and margins improved.

Electrical goods manufacturer VGuard Industries Ltd on Tuesday reported a 17.7% rise in consolidated net profit to ₹69.39 crore in the September quarter.

Four out of the top five gainers on the Nifty were banking names, including HDFC Bank and Axis Bank, with L&T also stepping in with gains of its own.

Airconditioning maker and engineering services provider Voltas Ltd on Tuesday reported more than twofold jump in consolidated net profit to ₹132.83 crore for the September quarter.

Hitachi Energy India on Tuesday posted over 111% jump in net profit to ₹52.3 crore in the September quarter, mainly due to higher revenues.

NBFC firm Northern Arc Capital, which listed on the bourses last month, reported a 24% increase in consolidated net profit to ₹96 crore for the second quarter ended September 2024.

As Indian share markets resume trading on Wednesday, October 30, a day ahead of Diwali, investors will be keenly observing key stocks that could set the tone for the day. With recent fluctuations in global markets, ongoing corporate earnings reports,…

Despite these declines, the company saw a notable improvement in operational efficiency, with EBITDA rising by 13.2% to ₹223.4 crore.

Shares of Deepak Fertilisers closed 11.1% higher at ₹1,256.05 apiece on the BSE.

While precious metals are leading the pack, industrial metals show mixed performance. Copper, aluminum, and zinc are seeing gains, whereas steel, nickel, and iron ore have declined year-on-year.