Q2 Results Updates: United Breweries Profit More Than Halves; Railtel Corp Profit Up Nearly 5%

Today is the most packed day for heavyweights from the Infrastructure and Capital Goods segments. The market will keenly watch the performance of EPC giant Larsen and Toubro Ltd (L&T) and the country’s dominant coal miner, Coal India Ltd. Oil Marketing Company (OMC) Hindustan Petroleum Corporation Ltd (HPCL) also reports. Other notable companies include Bharat Heavy Electricals Ltd and beverage majors United Breweries Ltd and Varun Beverages Ltd.

United Breweries Q2 Results

Net Profit down 60.7% at Rs 11 crore versus Rs 28 crore (Cons, YoY)

Revenue down 9.3% at Rs 700 crore versus Rs 771 crore (Cons, YoY)

Ebitda down 50.4% at Rs 37 crore versus Rs 74.6 crore (Cons, YoY)

Margin At 5.3% versus 9.7% (Cons, YoY)

Railtel Corp Q2 Results

Net Profit up 2% at Rs 51.5 crore versus Rs 50.5 crore (Cons, YoY)

Revenue up 3.4% at Rs 3,832 crore versus Rs 3,705 crore (Cons, YoY)

Ebitda up 10.9% at Rs 76.7 crore versus Rs 69.2 crore (Cons, YoY)

Margin At 2% versus 1.9% (Cons, YoY)

Other Notable Q2 Results

Hindustan Petroleum Corporation Ltd (HPCL) reported a Net Profit at Rs 236 crore versus Rs 96.9 crore (Cons, YoY)

Calculated NII up 57.5% at Rs 480 crore versus Rs 305 crore (Cons, YoY)

Bharat Heavy Electricals Ltd reported a Net Profit up 1.6% at Rs 1,349 crore versus Rs 1,328 crore (Cons, YoY)

Calculated NII up 3.3% at Rs 2,048 crore versus Rs 1,981 crore (Cons, YoY)

Varun Beverages Ltd reported a Net Profit down 64.8% at Rs 46.5 crore versus Rs 132 crore (Cons, YoY)

Revenue down 3% at Rs 2,053 crore versus Rs 2,117 crore (Cons, YoY)

Ebitda down 43% At Rs 130 crore versus Rs 227 crore (Cons, YoY)

Margin At 6.3% versus 10.7% (Cons, YoY)

Impact on the Stock Market

The Q2 results of these companies are expected to have a significant impact on the stock market, particularly on the Nifty 50 and Sensex. Investors and traders should keep a close eye on the stock prices of these companies and the overall market trends.

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