Shares of country's largest private bank HDFC rose 2.84% today (October 18) to Rs. Trading at 1731. 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% year-on-year. In the same quarter a year ago, the company posted Rs. 15,976 crore profit was made.
In the July-September quarter, the bank's total income rose 9.04% year-on-year to Rs. 85,499 crore as against Rs. 78,406 crores. The bank's revenue grew 2.14% on a quarterly basis. In the first quarter it was Rs. 83,701 crores.
Shares of Tech Mahindra rose 2.56%
Shares of Tech Mahindra also gained 2.56% to Rs. is trading at 1,730. The company in the second quarter of the financial year 2024-25 Rs. 1,250 crore profit has been made. Year-on-year (YoY) growth of 153%. In the same quarter a year ago (Q2FY24), the company posted Rs. 494 crore profit was made.
Revenue rose 3.5% to ₹13,313 crore
Tech Mahindra's operating income grew 3.5% year-on-year. Income from operations in Q2FY25 was ₹ 13,313 crore. Revenue was ₹ 12,863 crore in the same quarter a year ago i.e. the second quarter of FY24.
Revenue rose 5.37% to ₹13,834 crore
The company's total revenue in the second quarter rose 5.37% year-on-year (YoY) to Rs. 13,834 crore as against Rs. 13,128 crores. At the same time, the company's total revenue grew 5.20% on a quarterly basis.
Tech Mahindra will pay a dividend of Rs 15 per share
The board of Tech Mahindra has given shareholders Rs. It has also approved an interim dividend of 15, the record date of which is fixed on November 1, 2024. Companies give a portion of profits to their shareholders, called dividends.
Shares of Zee Entertainment fell more than 1%
Here, despite second quarter profit, Zee shares are down 1.32% today. Shares of the company 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 rose 61% year-on-year to ₹209 crore.
The company had made a profit of ₹129 crore in the same quarter a year ago. Revenue in Q2 of FY25 was ₹2,000 crore. Revenue was ₹ 2,437 crore in the same quarter a year ago i.e. the second quarter of FY24.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
