In this article, we will talk about the Q2 results. Despite divination about an international slowdown, Indian firms said powerful quarterly results from January to March 2023 quarter. From April to June 2023, the performance enhanced in other quarters after the expected recovery in the Indian thrift. Since the news came on the internet it went viral on social media platforms and now uncounted reactions started hitting the headlines as many people are super curious to know about the news. We have more information about the news and will share it with you in this article.
Indian thrift has worked to maintain inflation throughout the year, which is hoped to fuel industrial and other demands in India. These arrangements have been also predicted to enhance after a strong rise in joint funds SIP investment by Indian millennials and improvement in the international, particularly US economy, stock market investors have been positively sharp about the Q2FY24 results season. For such investors and market watchers, there is a piece of stock market news. Currently, this news has been gaining a huge attention from the people as they are super keen to know about the complete information. Scroll down to the next page for more information about the news.
According to the report, a total of 32 listed firms have been going to declare their Q2 results for 2023 today and those 32 listed firms include Hindustan Unilever Ltd (HUL), Cyient, PVR INOX, ITC, Nestle India, UltraTech Cement, Equitas Small Finance Bank, Havells India, MphasiS, Metro Brands, Coforge, Voltas, etc. Now thousands of people are searching the news as they are curious to know about the HUL Q2 preview. You are on the right page for more information about the news, so please read the complete article.
The Indian GMCG major is anticipated to register average revenue development during the July to September 2023 quarter, driven by price cuts and delayed festive season as well as price hikes. HUl noted a 6% revenue development in the related quarter in the last financial year. In Q1FY24, the Indian FMCG firm posted standalone net proceeds for the quarter finished 23 June 2023 at 2,472 crores – up 8% from 2,289 crores in the year-ago period. Cost upgrades in GMCG effects and power demands in its hospital business, ITC is hoping to report strong Q2 results for the financial year 2023-24. ITC noted a rise of 17.5% in standalone net earnings at 4,902 crore, approximated to 4,169.38 crore in the corresponding period last year. Here we have shared all the information about the news. Stay tuned to us for more updates.