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Oct 25, 10:19 AM
BPCL, HPCL, Shriram Finance Report Mixed Q2FY25 Earnings
India
Company Earnings
Business
World

BPCL, HPCL, Shriram Finance Report Mixed Q2FY25 Earnings

Authors
  • Economic Times
  • Business Standard
  • Moneycontrol
6

Several major Indian financial institutions and corporations have reported their Q2FY25 earnings. Bharat Petroleum Corporation Limited (BPCL) reported a significant drop in net profit by 71.8% to Rs 23.97 billion, missing analysts' expectations of Rs 35.06 billion. Hindustan Petroleum Corporation Limited (HPCL) saw its net profit plunge 97.5% to Rs 143 crore, with consolidated PAT at Rs 631 crore. Shriram Finance reported a net profit of Rs 2,071.3 crore, up 18.3% year-on-year, and declared an interim dividend of Rs 22 per share. Bank of Baroda posted a 23% rise in net profit to Rs 5,238 crore, with net interest income (NII) rising 7.3% to Rs 11,622.1 crore. Torrent Pharma's net profit increased by 17.4% to Rs 453 crore, with revenue up 8.6% to Rs 2,889 crore.

Written with ChatGPT (GPT-4o).

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