
Several Indian companies reported their second-quarter earnings for the fiscal year 2024-25 on November 11, 2024. ONGC, one of India's largest oil and gas companies, announced a 17% rise in standalone net profit to Rs 11,984 crore, surpassing analyst expectations. The company also declared an interim dividend of Rs 6 per share. Hindalco Industries, a major aluminum and copper producer, reported a 78% increase in net profit to Rs 3,909 crore, driven by higher metal prices and income from non-core business sources. Britannia Industries saw its consolidated net profit decline by 9% to Rs 532 crore, despite a 5% increase in revenue. Hindustan Copper's net profit surged by 67% to Rs 102 crore, while BEML's net profit fell by 1.4% to Rs 51.03 crore. Other companies like UPL, Balrampur Chini, and Jubilant Foodworks also disclosed their financial results, showing mixed performances with UPL reporting a 22.9% rise in net profit to Rs 248.3 crore, Balrampur Chini experiencing a 59.6% drop in net profit to Rs 67.2 crore, and Jubilant Foodworks achieving a net profit of Rs 52 crore.

















































India's ONGC posts surprise Q2 profit beat on lower tax expenses https://t.co/POXm5XwEtt https://t.co/b9qBkk4Ezm
#India's ONGC posts surprise Q2 profit beat on lower tax expenses #oott https://t.co/WJjEFLJmco
India's Hindalco beats Q2 profit view on higher aluminium prices https://t.co/YoLFPS03dl https://t.co/2OTV9Zr7XI