Q2 FY25 Earnings Review
🔹 Strong Performers:
RR Kabel, BPCL, Bank of Baroda, SBFC Finance, Azad Engineering, Tatva Chintan, Orient Cement, and Indraprastha Medical delivered robust quarterly results. These companies showed strong topline growth, margin expansion, and steady guidance for H2. Banking, energy, and specialty chemical segments stood out with resilient demand and operational efficiency.
🔹 Inline / Mixed Performance:
Urban Company, Phoenix Mills, JK Cement, Schaeffler India, Patanjali Foods, Mahindra Holidays, Mahindra Lifespace, Zensar Technologies, and Sanghi Industries reported results broadly in line with expectations. While revenue trends remained stable, margin pressure and cautious outlooks in some sectors led to a mixed overall tone.
🔹 Weak Set:
Godrej Consumer (despite strong H2 guidance), CDSL, Tata Chemicals, Balkrishna Industries, NOCIL, GHCL, and Spandana Sphoorthy underperformed. Margin contraction, weak volume growth, and inventory adjustments weighed on results, especially across chemicals and auto ancillary names.

















