GM Breweries Q2 Earnings Live Updates: Net profit up 4.1%, shares fell by 3.5%
GM Breweries, Trident Texofab and Gujarat Hotels have announced their Q2 earnings today. Delta Corp, Choksi Imaging, Supreme infra, will announce their Q2 results later in the day.
TCS kicked off the Q2 earnings season on Monday, beating estimates on many parameters. Today many companies including Delta Corp, Corp, Choksi Imaging, GM Breweries, Supreme infra, Trident Texofab and Gujarat Hotels will announce their Q2 earnings today.
Delta Corp reports net profit at ₹68.3 crore
In its Q2 earnings report, Delta Corp reported a year-on-year net profit at ₹68.3 crore compared to a loss of ₹75 crore during the same quarter last year.
GM Breweries Ltd shares closed at ₹594,down 6.48%
Post its Q2 earnings announcement, GM breweries shares fell by 6.48% and closed at ₹594. The company recorded a 4.1% year-on-year growth in its net profit in the second quarter of FY 2022-23, but its shares continued to plunge since Q2 earnngs announcement.
Delta Corp shares fall by 4.86% ahead of Q2 announcement
Delta Corp is yet to announce its Q2 earnings. However, the company shares have fallen by 4.86% ahead of its announcement. Its shares opened at ₹230.85 in the morning.
GM Breweries' shares continue to fall post Q2 results announcement
GM Breweries' shares continue to tumble after the announcement of its Q2 result today. The company shares fell by 6 % to ₹597.30. Its shares opened at ₹642.85 today
Gujarat Hotels shares plummeted by 3.61% after Q2 earnings result
Soon after the announcement of its second-quarter earnings, Gujarat Hotels shares plunged by 3.61% to ₹136.10. Its share opened at Rs.141.20 earlier in the day.
Gujarat Hotels limited released its Q2 earnings
Gujarat Hotels limited reported ₹69.14 lakh revenue from operations in second quarter of FY 22-23. It has declined from ₹78.96 lakh revenue generated in last three months ended in June 2022.
Trident Texofab reported ₹24.2 crore of revenue in Q2
In its Q2 earnings release, Trident Texofab reported a total of ₹24.16 crore of revenue from operations in the July-September quarter of FY 22-23.
GM Breweries EBITDA up by 5.6 %
GM Breweries’ earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 5.6% year on year, to ₹30.8 crore this quarter from Rs29.2 cr in the same quarter last year.
Net profit of GM Breweries increased by 4.1%
The company recorded a 4.1% year-on-year growth in its net profit in the second quarter of FY 2022-23. Its profit increased from ₹21.8 crore in the September quarter last year to 22.7 crore in the July-September quarter this year.
Q2 earnings: GM Breweries records 22.3 % revenue growth in Q2
GM Breweries has revealed its Q2 earnings report today. The company recorded a 22.3% year-on-year increase in its revenue. It grew to ₹141.9 crores in the September quarter 2022, from ₹116 crore in the same quarter last year.
Supreme Infra trading 4.87% higher today
Share prices of capital goods firm, Supreme Infrastructure Pvt ltd, opened with a gain of 4.87% at ₹30.15 today. The company has been performing well for the past seven days but has been showing negative growth from last year.
Trident Texofab recorded positive financial growth in the June quarter
Trident Texofab witnessed a positive financial performance in the last quarter of FY 2022. Its year-on-year sale improved by 57.05 % to ₹23.40 crore in the last quarter.
Trident Texofab opened 4.9% higher at ₹114
Trading company Trident Texofab recorded a 4.9 % growth in its shares ahead of Q2 results in morning. The company shares closed at ₹108.75 yesterday. Its shares are trading 4.97% higher at ₹114.15.
Delta Corp showed very positive financial performance in previous quarter
According to MarketsMojo analysis, Delta Corp company showed very positive financial performance in the previous quarter. Its net sales reached ₹250.27 crore by growing at 62.5%.
GM Breweries shares fell by 0.65%
Alcoholic beverages manufacturing company, GM Breweries showed a slow start on the stock market index today. Its shares were trading 0.65% lower at ₹631.35 before the announcement of its Q2 earnings.
Delta Corp shares lower ahead of Q2
Delta Corp shares were trading 0.74% lower at ₹226 ahead of Q2 earnings.