Q2 FY24 Earnings Results
Q2 FY24 earnings, Jul–Sep 2023: 5,345 Indian listed companies have reported; median profit growth is 0.0% on last year. Quarter ended 30 Sep 2023.
Reported
5,345
companies
Profit breadth
44% / 46%
grew / declined · 338 comparable
Median sales YoY
+8.0%
across all reporters
Median profit YoY
0.0%
across all reporters
Beat / missed
0 / 0
of 0 covered
Strongest / weakest
Petroleum Products +200.0%
Energy −157.9%
median profit growth, 10+ reporters
| # | Company | Profit growth (YoY) | Sector | Revenue (₹ Cr) | Profit (₹ Cr) |
|---|---|---|---|---|---|
| 🥇 | Bhoruka Steel & Services Ltd | +3,550.0% | — | 4 | 1 |
| 🥈 |  CONTAINETECHNOLOGIESLTD | +3,550.0% | Capital Goods | 4 | 1 |
| 🥉 |  PROSPECTCOMMODITIESLTD Prospect Consumer Products Ltd | +3,400.0% | FMCG | 12 | 1 |
| 4 |  DRONEACHARYAAERIALINNOVATIONLTD Droneacharya Aerial Innovations Ltd | +2,946.2% | Commercial Services | 21 | 4 |
| 5 | Gulshan Sugars & Chemicals Ltd(merged) | +2,116.1% | — | 580 | 21 |
| 6 |  YUGDECORLTD | +1,233.3% | Chemicals | 14 | 1 |
| 7 |  ADISHAKTILTD AFLOAT Enterprises Ltd | +1,200.0% | Industrial Products | 2 | 0 |
| 8 |  Unistar Multimedia Ltd | +1,030.0% | Consumer Discretionary | 7 | 1 |
| 9 |  KHEMANIDISTRIBUTORSLTD Khemani Distributors & Marketing Ltd | +666.7% | Retail | 67 | 23 |
| 10 |  NIKSTECHNOLOGYLTD | +560.0% | Information Technology | 2 | 0 |
| 11 | Ajanta Tubes Ltd | +500.0% | — | 88 | 6 |
| 12 |  KAKAINDUSTRIESLTD | +500.0% | Industrial Products | 88 | 6 |
| 13 |  UDAICEMENT Udaipur Cement Works Ltd | +500.0% | Commodities | 269 | 12 |
| 14 |  SPRL SP Refractories Ltd | +435.7% | Industrial Products | 14 | 1 |
| 15 |  NBLLTD Naapbooks Ltd | +409.1% | Information Technology | 2 | 1 |
| 16 |  INNOVATORSFACADESYSTEMSLTD | +400.0% | Capital Goods | 100 | 5 |
| 17 |  DYNAMIC Dynamic Services & Security Ltd | +300.0% | Commercial Services | 55 | 4 |
| 18 |  KARNIMATACOLDSTORAGELTD | +296.0% | Commercial Services | 3 | 1 |
| 19 |  Maagh Advertising & Marketing Services Ltd | +284.8% | Consumer Discretionary | 22 | 1 |
| 20 |  ASCENSIVEEDUCARELTD | +242.1% | Consumer Services | 9 | 1 |
| 21 |  QUALITYROINDUSTRIESLTD | +231.3% | Capital Goods | 6 | 1 |
| 22 |  DHYAANITILEMARBLEZLTD Dhyaani Tradeventtures Ltd | +214.3% | Commercial Services | 11 | 0 |
| 23 | Tata Metaliks Ltd(Merged) | +214.3% | Commodities | 755 | 44 |
| 24 | Hemkunt Timbers Ltd | +200.0% | — | 97 | 3 |
| 25 |  SUNRISEEFFICIENTMARKETINGLTD | +200.0% | Commercial Services | 50 | 3 |
About the Q2 FY24 leaderboard
What does the Q2 FY24 earnings leaderboard rank?
Companies ranked on one measure at a time — EPS surprise against consensus, profit growth, revenue growth, or absolute profit and revenue. Ranking is computed over every company that reported the quarter, not just the ones on the first page of the grid.
Which companies can appear in the EPS surprise ranking?
Surprise is measured against an analyst estimate, and none was available for this quarter.
Is a large percentage growth figure always a good result?
No. A company recovering from a very small base can post several hundred percent growth on a modest absolute gain, which is why absolute revenue and profit are shown beside the growth figure. Growth measured from a loss-making base is excluded entirely rather than published as a large number.
Why do some Q2 FY24 growth figures show "n/a" instead of a percentage?
Growth is left blank whenever the comparison period was not profitable. A percentage change measured from a loss is arithmetic without meaning — a swing from a ₹10 crore loss to a ₹10 crore profit is not "200% growth", and publishing it as such would flatter the company. The reported figures for both periods are still shown, so the change is there to read directly.
Does the beat/miss verdict cover every company?
No analyst consensus was available for Q2 FY24, so no beat/miss verdict is shown. Revenue and profit growth are taken from reported results and cover every company in the table.
What counts as an in-line result rather than a beat or a miss?
Reported earnings per share within ±2% of the consensus estimate. The band is set there because a tighter one classifies rounding as news, and a wider one swallows surprises that genuinely moved a stock.
Are the figures consolidated or standalone?
Consolidated where a company reports on that basis, standalone otherwise, with all money in ₹ crore. Figures are as filed by the company with the exchanges (NSE/BSE); they are not restated or adjusted.
Figures are as reported by companies in their quarterly filings to the exchanges (NSE/BSE), in ₹ crore. Consolidated results are shown where a company reports them, otherwise standalone. Year-on-year and quarter-on-quarter growth is omitted where the comparison period was loss-making, since a percentage change from a negative base is not meaningful. Analyst consensus is an estimate, not a forecast of outcome.