Mumbai8 minutes ago
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After the July-September quarter results, shares of the country’s largest private bank HDFC are trading at Rs 1731 with a rise of 2.84% today i.e. Monday (October 18).
The bank has made a profit of Rs 16,821 crore in the second quarter of the financial year 2024-25. There has been an increase of 5% on annual basis. In the same quarter a year ago, the company had made a profit of Rs 15,976 crore.
The bank’s total income in the July-September quarter increased by 9.04% on an annual basis to Rs 85,499 crore, which was Rs 78,406 crore in the same quarter last year. The bank’s income has increased by 2.14% on quarterly basis. In the first quarter it was Rs 83,701 crore.
Tech Mahindra shares rose by 2.56%
Tech Mahindra shares are also trading at Rs 1,730 with a rise of 2.56%. The company has made a profit of Rs 1,250 crore in the second quarter of the financial year 2024-25. There has been an increase of 153% on annual basis (YoY). In the same quarter a year ago (Q2FY24), the company had made a profit of Rs 494 crore.
Revenue increased by 3.5% to ₹13,313 crore
Tech Mahindra’s revenue from operations has increased by 3.5% on an annual basis. Revenue from operations stood at ₹13,313 crore in Q2FY25. Revenue in the same quarter a year ago i.e. second quarter of FY24 was ₹12,863 crore.
Income increased by 5.37% to ₹13,834 crore
In the second quarter, the company’s total income increased by 5.37% on annual basis (YoY) to Rs 13,834 crore, which was Rs 13,128 crore in the same quarter last year. At the same time, the total income of the company has increased by 5.20% on quarterly basis.
Tech Mahindra will give dividend of Rs 15 per share
Tech Mahindra’s board has also approved an interim dividend of Rs 15 per share to shareholders, the record date of which is fixed for November 1, 2024. Companies give some part of the profits to their shareholders, it is called dividend.
Zee Entertainment shares fell by more than 1%
Here, despite profit in the second quarter, Zee’s shares are down by 1.32% today. The company’s shares are trading at the level of Rs 130.71. ZEE Entertainment Enterprises’ consolidated net profit for the second quarter (July-September) of FY 2024-25 increased by 61% year-on-year (YoY) to ₹209 crore.
The company had made a profit of ₹129 crore in the same quarter a year ago. Revenue stood at ₹2,000 crore in Q2FY25. Revenue in the same quarter a year ago i.e. second quarter of FY24 was ₹2,437 crore.
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