PNB, Asian Paints, ACC, announce Q2 earnings Results today

Here is everything about today’s Q2 Results. The Punjab National Bank, Asian Paints, Canara Bank, ACC, Colgate Palmolive, Aditya Birla Sun Life AMC, and Vodafone Idea, these companies are going to report Q2 Results today. It is expected that the Punjab National Bank is going to report a very strong earning in Quarter 2 with a net profit estimated to jump 280% YoY to Rs. 1,563 crore. The Q2 results today are going to be surprising. From Wednesday Axis Bank and Tech Mahindra are following the street today look forward to the major player numbers like Asian Paints, PNB, and many more. Read this entire article to learn everything.

Q2 earnings results

By looking at Tech Mahindra and Axis Bank Quarter 2 results from 25th October 2023, Wednesday. Right now the street today is looking forward to several major players numbers as Punjab National Bank Ltd. (PNB), Canara Bank Ltd., Colgate-Palmolive (India) Ltd, Vodafone Idea Ltd., Aditya Birla Sun Life AMC Ltd., Asian Paints Ltd. It is expected that around 76 companies are going to release the September 2023 quarter results today. Scroll down to the next paragraph of this article to learn about the companies that are going to report their Q2FY24 numbers today.

The companies who are going to report their Q2FY24 numbers today include Aditya Birla Sun Life Greenpac Ltd., Apar Industries Ltd., Aavas Financiers Ltd, Automobile Technologies Ltd., Apcotex Industries Ltd, Apollo Pipes Ltd, Associated Alcohols & Breweries Ltd, Asian paints Ltd, Dai-Ichi Karkaria Ltd, D B Corp Ltd, Coromandel International Ltd, Colgate-Palmolive (India) Ltd, Chandra Prabhu International Ltd, Mid East portfolio Management Ltd, Nagarjuna Agri Tech Ltd, Nlc India ltd, Om Infra Ltd, Oriental Carbon & Chemicals Ltd, Paisalo Digital Ltd, Max India Ltd, Laxmi Organic Industries Ltd, Lloyds Enterprises Ltd, Laxmi Organic Industries Ltd, Home First Finance Company India ltd, Vodafone Idea Ltd, Indian Bank, and many more.

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According to the source, the Punjab National Bank Ltd. (PNB), the state-run lender is expected that they are going to report very strong earnings for Q2FY24 on the back of the lower provisions with the steady loan rise. The net profit of Punjab National Bank in Q2FY24 has seen a great jump of 280% to Rs. 1,563 crore from Rs. 411.3 crore, YoY. The Net interest income might be seen growing by 16% YoY to Rs. 9,594 crores where the net interest margin might do a contract led by the increase in the cost of the funds continuous with a performance of the overall sector.

Prakash Israni
Prakash Israni

Prakash, the content creator for Techballad, has built a solid reputation for himself over the course of more than ten years of blogging