Diversified Sector — Q2 FY25 Earnings Overview
11 companies reported. 4 bullish, 7 neutral, 0 bearish.
Company Results
| Company | Revenue | YoY | Margin | Sentiment |
|---|---|---|---|---|
| Bharat Petroleum Corporation | ₹1,17,952 Cr | — | — | neutral medium |
| Mahindra & Mahindra | ₹38,000 Cr | +10% | — | bullish high |
| Maruti | ₹35,589 Cr | +0.15% | — | neutral medium |
| Bajajfinsv | ₹33,703 Cr | +30% | — | neutral medium |
| Grasim | ₹33,563 Cr | +11% | — | neutral medium |
| TATA CONSUMER PRODUCTS | ₹4,200 Cr | +13% | 14.9% | neutral medium |
| Ongc | — | — | — | neutral medium |
| Sbin | — | — | — | bullish high |
| Ntpc | — | — | — | bullish high |
| Divislab | — | — | — | bullish high |
| SBI Life Insurance Company | — | — | — | neutral medium |
Key sector risks this quarter
OPaL reported a PAT loss of ₹637 crore in Q2 FY25; management declined to provide near-term profitability guidance, citing dependence on product and feedstock prices.
Grasim · highIncreased trade discounts and promotional spending by incumbents could pressure Birla Opus's margins and delay profitability.
Bharat Petroleum Corporation · highLPG losses are expected to rise to ~₹3,000 crore/quarter in H2, and management has only approached the government for budget support without certainty of compensation.
TATA CONSUMER PRODUCTS · highTea input costs are up ~30% YoY, but competitive intensity has limited price increases, pressuring India branded margins. Management indicated they will not sacrifice market share for profitability.
Bajajfinsv · highAllianz has informed Bajaj of its decision to exit the joint venture; management provided no further details, creating uncertainty around future ownership and operations.