Grasim Industries Q2 Results 2024: Grasim Industries declared their Q2 results on 14 Nov, 2024, revealing a challenging quarter for the company. The topline increased by 11.06% year-on-year, yet profit took a significant hit, decreasing by 66.5% compared to the previous year. The company’s profit stood at ₹389.9 crore with revenue reported at ₹33,562.85 crore.
Open FlipIFCI Q2 Results 2024: IFCI has announced its Q2 results for 2024 on November 15, revealing a mixed financial performance. The company’s topline increased by 7.47% year-on-year, reaching a revenue of ₹586.91 crore. However, profit for the quarter fell by 12.73% year-on-year, amounting to ₹82.62 crore. In comparison to the previous quarter, IFCI experienced significant growth.
Open FlipNational Aluminium Co. reported strong Q2FY25 performance due to higher pricing and volumes, with alumina and metal volumes up 24% and 2% YoY. EBITDA improved significantly due to higher captive coal usage and strong operating leverage. The company is a pure play on alumina and aluminum prices, and its stock is trading at 6.3x/5.1x EV of FY26E/FY27E EBITDA.
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