
Axis Bank reported a strong financial performance for Q2FY25, with its operating profit increasing by 24% year-over-year (YoY) and profit after tax (PAT) rising by 18% YoY. The bank's consolidated return on assets (ROA) improved to 1.92%, up 9 basis points (bps) YoY and 22 bps quarter-over-quarter (QoQ), while its consolidated return on equity (ROE) stood at 18.1%. This growth was driven by steady increases in deposits and advances. Meanwhile, HDFC Bank is expected to report flat Q2FY25 results, with analysts forecasting net profit to vary by +/- 2% from last year's Rs 15,976.1 crore. Sequentially, profits are likely to remain steady around Rs 16,174.8 crore from Q1FY25. Havells India reported a 9.5% increase in net profit to Rs 273 crore for the quarter, compared to Rs 249 crore in the same period last year. However, the company's weak operational performance has led to a 3% decline in its share price. Hindustan Zinc reported a 35% increase in net profit to Rs 2,327 crore for Q2FY25, with EBITDA rising to Rs 4,164 crore from Rs 3,122 crore.







#EarningsWithMC | Hindustan Zinc Q2 results: Net profit rises 35% to Rs 2,327 crore 📈 Here's more on it 👇 https://t.co/GPLJS1G0fp #HindustanZinc #Q2
#EarningsWithMC | Kotak Mahindra Bank Q2 preview: NII may increase 10% to Rs 6,977 crore 📈 @SrushtiVaidya2 writes 👇 https://t.co/iTCtIZU2NC #KotakMahindraBank #Q2
#EarningsWithMC | HDFC Bank Q2 preview: Net profit likely to grow nearly 4% at Rs 16,570 crore 📈 @SrushtiVaidya2 brings in more details 👇 https://t.co/4Wlk7TflRe #HDFCBank #Q2