Company Results

Happiest Minds Technologies Ltd. has reported a consolidated net profit of Rs. 54 crore for the second quarter of FY2025, marking a steady improvement from the previous year’s performance. The Bengaluru-based digital transformation and IT services company witnessed consistent revenue growth, supported by strong demand across cloud, analytics, and artificial intelligence-led solutions.

Kotak Mahindra Bank posted a 3% decline in its second-quarter profit, registering Rs 3,253 crore compared to the previous year, reflecting pressures from higher operating costs and macroeconomic headwinds. Net interest income grew modestly, but elevated provisions and cautious lending strategies impacted overall profitability. The bank continues to focus on retail lending, digital expansion, and risk management to sustain long-term growth.

ITC Hotels has reported a remarkable 74% increase in net profit for the second quarter, reaching Rs 133 crore, driven by strong recovery in domestic hospitality demand and enhanced operational efficiencies. The surge reflects rising occupancy rates, improved average room tariffs, and cost-optimization measures across properties. Revenue growth was supported by increased leisure and business travel, alongside strategic marketing initiatives targeting premium segments.

Ponni Sugars has reported a robust 26% increase in its second-quarter net profit, reaching Rs 14.56 crore, driven by higher sugar sales and improved operational efficiency. The company’s revenue also registered a notable uptick, supported by steady domestic demand and strategic pricing measures. Analysts attribute the performance to favorable market conditions, efficient cost management, and enhanced capacity utilization. The results underscore Ponni Sugars’ resilience amid fluctuating commodity prices and operational challenges.

Coca-Cola India reported a sharp 73% year-on-year decline in its net profit for the financial year 2024–25, reflecting challenging market conditions and weakening demand in key segments. The company also witnessed a drop in revenue, driven by muted consumer spending, higher input costs, and competitive pressures in the beverages industry. Despite these headwinds, Coca-Cola India continues to focus on long-term growth through product diversification, portfolio innovation, and strategic cost management.

Shanthi Gears Ltd. reported a net profit of Rs. 21.51 crore for the quarter ended September 2025, reflecting stable growth supported by sustained demand from core industrial sectors. The company, a subsidiary of Tube Investments of India, witnessed steady revenue performance driven by strong orders from manufacturing, infrastructure, and energy segments. Continued emphasis on operational efficiency, product innovation, and cost control contributed to profitability.

SBI Cards and Payment Services Ltd. (SBI Card) posted a 10% year-on-year increase in net profit to Rs. 445 crore for the quarter ended September 2025, driven by higher card spending and improved interest income. The company’s total revenue rose on the back of strong credit card usage, expanding customer base, and consistent growth in revolving balances. Despite competitive pressures and rising finance costs, SBI Card maintained a steady asset quality profile.

Dr. Reddy’s Laboratories Ltd. reported a 14% year-on-year rise in net profit to Rs. 1,437 crore for the quarter ended September 2025, driven by robust sales in the U.S. generics market and steady growth in India. The pharmaceutical major benefited from a strong product mix, operational efficiency, and cost discipline, which offset pricing pressures in select markets. Revenue grew steadily across key geographies, while new product launches and a healthy pipeline strengthened its competitive position. With consistent performance and strategic focus on innovation, Dr.

Brigade Hotel Ventures Ltd. (BHVL), the hospitality arm of Brigade Group, reported a sharp 57% year-on-year increase in its profit after tax (PAT) to Rs. 11 crore for the quarter ended September 2025. The strong performance was driven by higher occupancy rates, improved room yields, and sustained growth in food and beverage revenues. Supported by a rebound in business and leisure travel, the company’s revenue from operations saw a healthy uptick, reinforcing its position in the premium hospitality segment.

Colgate-Palmolive India Ltd. reported a 17% year-on-year decline in its net profit for the second quarter, reflecting the impact of higher raw material expenses and intensified market competition. While revenue witnessed moderate growth, margins came under pressure due to elevated input costs and a shift in consumer demand dynamics. The company continues to focus on innovation, premiumization, and rural market expansion to sustain long-term growth.