In the latest financial updates from various companies, Indian Hotels Company reported a significant increase in Q2 revenue, reaching ₹1,826.12 crore, a 27.4% rise year-over-year, with a net profit of ₹554.58 crore, up 232.2%. In contrast, NHPC experienced a decline in net profit by 41.2% year-over-year, totaling ₹908.97 crore, despite a revenue increase of 4.1%, amounting to ₹3,051.93 crore. The management of Mahindra & Mahindra acknowledged short-term challenges in international markets, particularly regarding electric vehicle penetration and tractor sales. Meanwhile, Kansai Nerolac Paints noted moderated demand in Q2 compared to Q1, which impacted their gross margins. Blue Star also shared insights on its steady growth in Q2, while the management of Escorts Kubota expressed optimism for double-digit growth in the September-November period. Overall, the hospitality sector, represented by Indian Hotels, is expected to see strong growth in the second half of the fiscal year, with a target margin of around 40% for FY25.