Q2 Results Live: IREDA Profit Soars 42%, Tech Mahindra, ICICI Lombard, Cyient Highlights
Several prominent companies including IREDA, Tech Mahindra, ICICI Pru Life, and Cyient are under focus today as they announce their quarterly earnings for Q2. Key highlights show mixed trends across sectors, with technology and renewable energy firms posting strong numbers while banking sector faces pressure.
Tech Mahindra Shares Gain Ahead of Results
Tech Mahindra’s shares increased over 1% ahead of its Q2 results announcement. Analysts expect the company to report a 12.7% rise in net profit, estimated at Rs 1,285 crore, supported by nearly 3% revenue growth to Rs 13,777 crore for the quarter ended September. Revenue growth is anticipated to be steady between 0.7% and 0.8% in constant currency terms, driven by strong deal execution and improved performance in enterprise, banking, and retail segments. However, the telecom business segment is projected to remain flat.
Banking Sector Faces Earnings Pressure in Q2
India’s banking sector is expected to report softer earnings for September, challenged by narrowing net interest margins and weaker trading gains. Loan growth remains robust owing to increased deposit mobilisation and a better loan-to-deposit ratio. Yet, profitability is likely to be pressured by margin contraction after recent RBI repo rate cuts and reduced income from treasury operations. Despite these challenges, analysts foresee stable core earnings with positive indications on asset quality and growth outlook.
Cyient DLM Ltd Earnings Estimates
Cyient DLM Ltd is likely to post a net profit of Rs 7.49 crore and revenue of Rs 278.4 crore for the quarter, signaling modest growth for the engineering services provider.
IREDA Reports a 42% Profit Jump
Renewable energy financing company IREDA stands out with a remarkable 42% increase in profit, underscoring strong demand and positive market conditions in the green energy sector.
The quarterly earnings release day reflects ongoing sectoral shifts, with technology and renewable energy companies leading growth while banks grapple with margin pressures and economic adjustments. Investors will keenly await detailed commentary for guidance on future quarters from these industry leaders.
This comprehensive update provides essential insights into the financial health and sectoral dynamics of key Indian companies for Q2 2025.