By Malvika Gurung
Investing.com -- PVR (NS:PVRL): The movie theatre chain has reported weak Q2 earnings, posting a higher-than-expected loss of Rs 71.23 crore, down 53% YoY, as flop show for Bollywood movies and limited Hollywood releases hit the average gross collection and ticket prices.
Tata Coffee (NS:TACO): Its consolidated net profit skyrocketed 317.6% YoY to Rs 142.4 crore in Q2 and sales gained 30.7% YoY to Rs 718 crore, led by improved price realisations and better performance of plantation and instant coffee businesses, among others.
ACC (NS:ACC): The Adani (NS:APSE) Group-led cement maker witnessed a consolidated net loss of Rs 87.3 crore compared to a profit of Rs 450.2 crore in the year-ago period, led by a steep jump in fuel and power costs. Total expenses surged 30% YoY to Rs 4,162 crore.
HeidelbergCement (ETR:HEIG) India: Its net profit plunged 88.23% YoY to Rs 7.01 crore in Q2 due to lower sales volume, while total revenue from operation also declined 12.2% YoY to Rs 506.05 crore.
Spandana Sphoorty Financial (NS:SPAD): The NBFC reported a net profit of Rs 55.2 crore in Q2 compared to a loss of Rs 60 crore despite a fall in total income.
Bank of Maharashtra (NS:BMBK): The state-owned lender’s net profit rallied 102.3% YoY to Rs 535 crore in Q2 led by a fall in bad loans and a rise in net interest income.
Indowind Energy (NS:INWI): The windmill company’s net profit soared 656.9% YoY to Rs 3.86 crore in Q2, led by a 64.6% surge in net sales to Rs 14.6 crore during the quarter.