After two days of advances, the markets returned to their corrective trend under pressure, shedding more than a percent. Due to a number of news events and second quarter results, shares of SBI, Tata Motors, Ola Electric, Vedanta, and Indian Hotels, among others, will be the focus of today’s trading.

Today’s outcomes

On Friday, a number of well-known businesses, including Aarti Industries, Ashok Leyland, Bajaj Hindusthan Sugar, Cholamandalam Financial, ESAB India, and Fortis Healthcare, are scheduled to release their Q2 results for the current fiscal year. India Cements, MRF, Motherson Sumi, Info Edge, State Bank of India, Tata Motors, and Welspun Corp. are some of the other noteworthy businesses that are being highlighted. Given the market prominence of these companies across several industries, it is anticipated that these findings would get significant investor attention.

Cochin Shipyard: Cochin Shipyard recorded a net profit of Rs 193 crore for the second quarter of FY25, which is somewhat less than the Rs 180 crore from the previous quarter and the Rs 200 crore from the same time last year. The quarter’s revenue increased from Rs 954 crore in Q2 FY25 FY23 to Rs 1,097 crore. The company’s earnings per share (EBITDA) increased marginally from Rs 195 crore to Rs 196 crore. The EBITDA margin, however, decreased to 17.87 percent from 20.43 percent in Q2 FY25 FY23. An interim dividend of Rs 4 per equity share was announced by the firm.

Lupin: Compared to the same time last year, Lupin’s Q2 FY25 net profit increased to Rs 850 crore from Rs 490 crore. The quarter’s revenue was Rs 5,670 crore, up from Rs 5,040 crore in Q2 FY25 FY23. EBITDA increased to Rs 1,340 crore from Rs 920 crore the year before, and the EBITDA margin improved to 23.63 percent from 18.21 percent year over year.

Brigade Enterprises: In order to build one million square feet of residential flats in West Chennai, Brigade Enterprises has signed a Joint Development Agreement (JDA). An estimated Rs 800 crore is the project’s Gross Development Value (GDV).

Astral: Astral’s Q2FY25 net profit of Rs 110 crore was higher than Rs 120 crore in the previous quarter but somewhat less than Rs 131 crore during the same time last year. Revenue rose slightly year over year from Rs 1,363 crore to Rs 1,370 crore. The EBITDA margin decreased to 15.33% from 16.15% year over year, while the company’s EBITDA for the quarter was Rs 210 crore, down from Rs 220 crore the year before. Additionally, Astral announced a Rs 1.50 interim dividend per share.

Emami: In Q2FY25, Emami reported a net profit of Rs 210 crore, up from Rs 150 crore in the previous quarter and Rs 180 crore during the same time last year. The quarter’s revenue was Rs 890 crore, a little increase over the previous year’s revenue of Rs 865 crore. With an EBITDA margin of 28.12%, up from 27.02% in Q2FY25 FY23, EBITDA increased from Rs 230 crore to Rs 250 crore. An interim dividend of Rs 4 per equity share was announced by the firm.

RVNL: The company’s Q2FY25 net profit was Rs 290 crore, up from Rs 220 crore in the previous quarter but down from Rs 394 crore in the same time last year. Revenue dropped somewhat year over year from Rs 4,914 crore to Rs 4,850 crore. Ebitda dropped from Rs 300 crore to Rs 270 crore, and the Ebitda margin decreased from 6.07 percent in Q2 FY25 FY23 to 5.59 percent.

Indian Metals & Ferro Alloys (IMFA): The company Indian Metals & Ferro Alloys (IMFA) declared a net profit of Rs 125 crore for the second quarter of FY25, up from Rs 89.2 crore for the same time last year and Rs 113 crore for the prior quarter. In comparison to the same quarter previous year, the company’s sales were constant at Rs 690 crore. Ebitda climbed from Rs 150 crore to Rs 170 crore year over year, and the Ebitda margin grew from 21.69 percent in Q2 FY25 FY23 to 24.63 percent.

Mahanagar Gas: Mahanagar Gas and International Battery Co., India Pvt Ltd have partnered to manufacture cells. With an investment of Rs 230 crore in the business, Mahanagar Gas would own at least 40% of IBC India as part of this agreement.

Cummins India: With a net profit of Rs 450 crore for the second quarter of FY25, Cummins India had a strong performance, up from Rs 330 crore for the same time the previous year and Rs 420 crore for the preceding quarter. Revenue for the firm climbed to Rs 2,450 crore from Rs 1,870 crore in Q2 FY25 FY23. The EBITDA margin improved to 19.65% from 18.12% in Q2FY25 FY23, while the EBITDA increased to Rs 480 crore from Rs 339 crore the previous year.

Wipro: To promote AI innovation for businesses, Wipro opened the “Google Gemini Experience Zone” in Bengaluru. Businesses will have the opportunity to use Google’s state-of-the-art AI technology in this area to enhance their operations.

Adani Enterprises: In a significant reorganization of the business’s activities, Adani Enterprises said that the National Company Law Tribunal (NCLT) in Ahmedabad has approved the merger of its subsidiary Stratatech Mineral Resources Pvt Ltd (SMRPL) with Mahan Energen Ltd (MEL).

NHPC: From Rs 154.6 crore in Q2 FY25 FY23 to Rs 91 crore in Q2 FY25, NHPC’s net profit decreased. Revenue for the same time last year was Rs 293 crore, a little rise to Rs 305 crore. Although the Ebitda margin decreased from 60.32 percent to 58.95 percent year over year, Ebitda increased from Rs 177 crore to Rs 180 crore.

Uniparts India: The company’s Q2FY25 net profit dropped to Rs 21.1 crore from Rs 33 crore in Q2FY25 FY23. Additionally, revenue dropped from Rs 294 crore to Rs 240 crore year over year. The EBITDA margin shrank to 15.15 percent from 18.26 percent in Q2 FY25 FY23, and EBITDA fell to Rs 36.58 crore from Rs 53.6 crore the previous year.

Emcure Pharma: Compared to the same time last year, Emcure Pharma reported a net profit of Rs 190 crore for Q2 FY25, up from Rs 140 crore. The quarter’s revenue increased to Rs 2,000 crore from Rs 1,660 crore in Q2 FY25 FY23. EBITDA increased from Rs 330 crore to Rs 380 crore year over year, although the EBITDA margin fell somewhat to 19.02 percent from 19.79 percent the year before.

VA Tech Wabag: The company’s net profit for Q2FY25 was Rs 70.6 crore, up from Rs 60.2 crore in Q2FY25 FY23. The quarter’s revenue increased from Rs 66.5 crore to Rs 70 crore year over year. EBITDA climbed from Rs 86.4 crore to Rs 98.9 crore in the previous year, with an EBITDA margin of 14.12% as opposed to 12.99% year over year.

NCC: Compared to the same time last year, NCC’s Q2 FY25 net profit increased to Rs 163 crore from Rs 77.3 crore.