ONGC, Hindalco Industries, RVNL, IRFC, Sagility India, Zydus Life Sciences, Nykaa

Premier Explosives Q2 FY2025 (Consolidated, YoY)

• Revenue increased by 21.79% to Rs 95 million against Rs 78 million.

• EBITDA decreased by 14.28% to Rs 18 million against Rs 21 million.

• EBITDA margin decreased by 797 bps to 18.94% and 26.92%.

• Net profit decreased by 33.33% to Rs 8 billion and Rs 12 billion.

Hindalco Industries Q2 FY2025 (Consolidated, YoY)

• Revenue increased by 7.44% to Rs 58,203 crore as against Rs 54,169 crore (estimated Rs 55,132 crore).

• EBITDA increased by 40.46% to Rs 7,883 billion against Rs 5,612 billion (estimated Rs 719 billion).

• EBITDA margin increased by 318 bps to 13.54% against 10.36% (estimated at Rs. 13%).

• Net profit rose 78% to Rs 3,990 million from Rs 2,196 billion (Rs 3,298 million).

• Deferred tax expense was Rs 190 million in the current quarter compared to Rs 281 million in the same-ago quarter.

Jubilant FoodWorks 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 42.8% to Rs 1,955 billion versus Rs 1,369 billion (estimated Rs 1,816 billion).

• EBITDA increased by 43.16% to Rs 398 million against Rs 278 million (estimated Rs 328 million).

• EBITDA margin increased 5bps to 20.35% versus 20.3% (estimated 18.1%).

• Net profit decreased by 31.95% to Rs 66 million against Rs 97 million (estimated Rs 63 million).

Insecticides India 2nd quarter of FY2025 (consolidated, year-on-year change)

• Revenue decreased by 9.92% to 627 million rupees (estimated 695 million rupees) against 696 million rupees.

• EBITDA increased by 9.75% to Rs 90 million against Rs 82 million (estimated Rs 95 million).

• EBITDA margin increased by 257 bps to 14.35% and 11.78% (estimated 13.6%).

• Net profit increased by 15.09% to Rs 61 million against Rs 53 million (estimated Rs 61.5 million).

ONGC 2nd quarter of FY2025 (consolidated, quarter-on-quarter)

• Revenue decreased by 5.78% to Rs 1.58 billion as against Rs 1.68 billion.

• EBITDA decreased by 5.18% to Rs 20,506.84 billion as against Rs 21,626.55 billion.

• Margin increased 8bps to 12.95% vs. 12.87%.

• Net profit increased by 0.69% to Rs 9,878.4 million from Rs 981,018 million.

• The net profit will be supported by deferred tax of Rs 460 million, reducing the total tax payable.

Shree Cement 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue decreased by 15.1% to Rs 4,054 crore against Rs 4,774 crore (estimate: Rs 5,079.2 crore).

• EBITDA decreased by 30.8% to Rs 613 million against Rs 886 million (estimate: Rs 733.7 million).

• Margin: 15.1% vs. 18.6% (estimate: 14.4%).

• Net profit decreased by 82.8% to Rs 76.6 million against Rs 447 million (estimate: Rs 273.9 million).

HG Infrastructure Engineering 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue decreased by 5.46% to Rs 920 million against Rs 954 million.

• EBITDA decreased by 0.45% to Rs 219 million against Rs 220 million.

• EBITDA margin increased by 121 bps to 24.27% and 23.06%.

• Net profit decreased by 15.62% to Rs 81 million against Rs 96 million.

Good Luck India 2nd quarter of FY2025 (consolidated, year-on-year change)

• Revenue increased by 6.9% to Rs 976 million against Rs 913 million.

• EBITDA decreased by 5.33% to Rs 71 million against Rs 75 million.

• EBITDA margin decreased by 94 bps to 7.27% and 8.21%.

• Net profit increased by 30.55% to Rs 47 million against Rs 36 million.

ELGI equipment 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 7.81% to Rs 869 million against Rs 860 million (estimated Rs 890 million).

• EBITDA decreased by 0.69% to Rs 142 million (estimated Rs 145 million).

• EBITDA margin decreased by 140 bps to 16.34% and 17.74% (estimated 16.3%).

• Net profit increased by 4.39% to Rs 95 million (estimated Rs 150 million) against Rs 91 million.

National Fertilizer 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue decreased by 22.37% to Rs 4,390 crore against Rs 5,655 crore.

• EBITDA was 125 million rupees and loss was 60 million rupees.

• EBITDA margin was 2.84%.

• Net profit was 12 billion rupees and loss was 87.1 billion rupees.

HMA Agro Industries 2nd quarter of 2025 (consolidated, year-on-year)

• Revenue increased by 22.16% to Rs 1,466 crore as against Rs 1,200 crore.

• EBITDA increased by 100% to Rs 58 million against Rs 29 million.

• EBITDA margin increased by 153 bps to 3.95% and 2.41%.

• Net profit increased by 783.33% to Rs 53 billion as against Rs 6 billion.

TCPL Packaging 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 14.03% to Rs 455 million against Rs 399 million (estimated Rs 442 million).

• EBITDA increased by 18.96% to Rs 69 million against Rs 58 million (estimated Rs 72 million).

• EBITDA margin increased by 62 bps to 15.16% and 14.53% (estimated 16.3%).

• Net profit increased by 28.57% to Rs 360 billion against Rs 28 billion (35.4 billion rupees).

Ramco Cements 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue decreased by 12.65% to Rs 2,044 crore as against Rs 2,340 crore (estimated Rs 2,057 crore).

• EBITDA decreased by 22.66% to Rs 314 million against Rs 460 million (estimated Rs 296 million).

• EBITDA margin decreased by 198 bps to 15.36% compared to 17.35% (estimated 14.4%).

• Net profit stood at Rs 26 million against Rs 72 million, a decline of 63.88% (estimated at Rs 37 million).

Sunsera Engineering 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 10.1% to Rs 763 million against Rs 693 million (estimated Rs 791 million).

• EBITDA increased by 11.86% to Rs 132 million against Rs 118 million (estimated Rs 138 million).

• EBITDA margin increased by 27 bps to 17.3% against 17.02% (estimated at Rs. 17.4%).

• Net profit increased by 10.63% to Rs 52 million against Rs 47 million (estimated Rs 57 million).

Hindustan Copper Q2 FY2025 (Consolidated, YoY)

• Revenue increased by 35.95% to Rs 518 million against Rs 381 million.

• EBITDA increased by 25.61% to Rs 152 million against Rs 121 million.

• EBITDA margin decreased by 241 bps to 29.34% and 31.75%.

• Net profit increased by 67.21% to Rs 120 million against Rs 6.1 billion.

Bank of India Q2 FY25 (non-consolidated, YoY)

• NII increased by 4% to Rs 5,985 crore against Rs 5,740 crore.

• Net NPA 0.94% vs. 0.99% (QoQ)

• Total NPAs were 4.41% vs. 4.62% (QoQ)

• Net profit increased by 62.8% to Rs 2,374 crore from Rs 1,458 crore

Britannia Industries Q2 2025 (Consolidated, YoY)

• Revenue increased by 5.3% to Rs 4,667 crore as against Rs 4,432 crore (estimated Rs 4,769 crore).

• EBITDA decreased by 10.1% to Rs 783 million against Rs 871 million (estimated Rs 895 million).

• EBITDA margin decreased by 287 bps to 16.77% and 19.65% (estimate: 18.8%).

• Net profit decreased by 9.21% to Rs 532 million (estimated Rs 630 million) against Rs 586 million.

Azad Engineering 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 34.6% to 112 million rupees (83 billion rupees).

• EBITDA increased by 51% to Rs 4,000 crore versus Rs 2,600 crore.

• The margin was 35.7% vs. 31.8%.

• Net profit increased by 7% to Rs 21 million from Rs 19 million.

Vaibhav Global 2nd quarter of 2025 (consolidated, YoY)

• Revenue increased 13% to Rs 796 million against Rs 750 million.

• EBITDA decreased by 5% to Rs 60 million from Rs 63 million.

• The margin was 7.6% vs. 9.0%.

• Net profit decreased by 4% to 28 million rupees compared to 29 million rupees.

EPL 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue rose 8.4% to Rs 1,086 million versus Rs 1,020 billion (Bloomberg estimates Rs 1,113 million).

• EBITDA increased 22% to Rs 220 million against Rs 181 million (Bloomberg estimates Rs 222.4 million).

• The margin is 20.3% vs. 18.1% (Bloomberg estimates 20%).

• Net profit rose 69% to Rs 88 million against Rs 52 million (Bloomberg estimates Rs 86 million).

BLS International Services Q2 2025 (Consolidated, YoY)

• Revenue increased by 21.32% to Rs 495 million against Rs 480 million.

• EBITDA increased by 89.65% to Rs 165 million against Rs 87 billion.

• EBITDA margin increased by 1200 bps to 33.33% and 21.32%.

• Net profit increased by 78.04% to Rs 146 million against Rs 82 million.

NMDC 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 22.5% to Rs 4,919 billion against Rs 4,014 billion.

• EBITDA increased by 16% to Rs 1,386 billion against Rs 1,190 billion.

• The margin was 28.2% vs. 29.7%.

• Net profit rose 17% to Rs 1,196 million from Rs 1,025 million.

Galaxy Surfactant 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 8.13% to Rs 1,063 crore as against Rs 983 crore. (estimated at 1,038 million rupees)

• EBITDA increased by 2.4% to Rs 128 million against Rs 125 million. (estimated at 135 million rupees)

• EBITDA margin decreased by 67 bps to 12.04% and 12.71%. (estimated at 13%)

• Net profit increased by 10.38% to Rs 85 million against Rs 77 million. (estimated at 87 million rupees)

Dollar Industries Q2 2025 (Consolidated, YoY)

• Revenue rose 8.3% to Rs 447 million versus Rs 413 million (Bloomberg estimates Rs 459 million).

• EBITDA increased 17% to Rs 49 million against Rs 42 million (Bloomberg estimate of Rs 52.5 million).

• The margin is 10.9% vs. 10.1% (Bloomberg estimates 11.40%).

• Net profit increased by 6% to Rs 26 million from Rs 25 million.

Bengal and Assam Company 2nd quarter of FY2025 (consolidated, year-on-year change)

Triveni Turbine 2nd quarter of 2025 (consolidated, year-on-year)

• Revenue increased by 29.12% to Rs 510 million against Rs 388 million.

• EBITDA increased by 48.52% to Rs 110.8 billion against Rs 74.6 million.

• EBITDA margin increased by 288 bps to 22.11% and 19.22%.

• Net profit increased by 42.18% to Rs 91 million against Rs 64 million.

TVS Supply Chain Solutions 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 11.04% to Rs 2,513 crore as against Rs 2,263 crore.

• EBITDA decreased by 8.1% to Rs 170 million against Rs 185 million.

• EBITDA margin decreased by 141 bps to 6.76% and 8.17%.

• Net profit was 11 billion rupees and loss was 410 billion rupees.

Suprajit Engineering 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 17.48% to Rs 833 million against Rs 790 million.

• EBITDA decreased by 12.67% to Rs 62 million against Rs 71 million.

• EBITDA margin decreased by 257 bps to 7.44% and 10.01%.

• Net profit was 98.85% lower at 400 million rupees against 35 million rupees.

• 3.4 billion rupees in deferred tax credits.

Time Technoplast 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 14.82% to Rs 1,371 crore as against Rs 1,194 crore.

• EBITDA increased by 18.67% to Rs 197 million against Rs 166 million.

• EBITDA margin increased by 46 bps to 14.36% and 13.9%.

• Net profit increased by 40.84% ​​to Rs 100 crore and Rs 7,100 crore.

Blue Dart Express 2nd quarter of 2025 (consolidated, year-on-year change)

• Revenue increased by 9.36% to Rs 1,448 crore as against Rs 1,324 crore (estimated Rs 1,468 crore).

• EBITDA decreased by 2.24% to Rs 218 million (estimated Rs 235 million) against Rs 223 million.

• EBITDA margin decreased by 178 bps to 15.05% and 16.84% (estimated 16%).

• Net profit decreased by 13.69% to Rs 63 million against Rs 73 million (estimated Rs 77 million).