Happiest Minds Technologies' Q2FY25 earnings missed estimates despite a revenue beat, with PAT declining 15.3% YoY due to higher interest expense and tax rates. The company's EBIT margin stood at 13.2%, with a PAT margin of 9.5%. The target price has been lowered to INR 803, implying an 8.5% upside. Happiest Minds Technologies' shares are maintained at an "accumulate" rating.
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Schneider Electric Infrastructure Q2 Results 2024:Schneider Electric Infrastructure declared its Q2 results for the fiscal year 2024 on 14 Nov, 2024, revealing significant growth in both revenue and profit. The company reported a topline increase of 20.96% year-over-year, with total revenue amounting to ₹599.71 crore. The profit for the quarter rose by 26.62% year-over-year.
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Crompton Greaves Consumer Electricals Q2 Results 2024: Crompton Greaves Consumer Electricals declared its Q2 results for 2024 on November 14, 2024, showcasing a strong year-on-year performance. The company’s topline revenue increased by 6.38% compared to the same quarter last year, reaching ₹1896.01 crore. Notably, the profit surged by 28.47% year-on-year, amounting to ₹124.9 crore.
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