Q2 FY24 Earnings

Quarterly results for Indian listed companies · Jul–Sep 2023 · quarter ended 30 Sept 2023

#CompanyRevenue (₹ Cr)SectorRevenue (₹ Cr)Profit (₹ Cr)
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RELIANCE Reliance Industries Ltd
2.32 L CrPetroleum Products2.32 L Cr19,878
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LICI Life Insurance Corporation of India
2.03 L CrInsurance2.03 L Cr8,032
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IOC Indian Oil Corporation Ltd
1.79 L CrPetroleum Products1.79 L Cr13,713
4
ONGC Oil & Natural Gas Corpn Ltd
1.48 L CrOil & Gas1.48 L Cr16,171
5
TMPV Tata Motors Passenger Vehicles Ltd
1.05 L CrConsumer Discretionary1.05 L Cr3,832
6
BPCL Bharat Petroleum Corporation Ltd
1.03 L CrPetroleum Products1.03 L Cr8,244
7
HINDPETRO Hindustan Petroleum Corporation Ltd
95,752Petroleum Products95,7525,827
8
Apeejay Tea Ltd (Merged)
59,69259,69211,380
9
TCS Tata Consultancy Services Ltd
59,692Information Technology59,69211,380
10
TATASTEEL Tata Steel Ltd
55,682Commodities55,682-6,511
11
HINDALCO Hindalco Industries Ltd
54,169Metals & Mining54,1692,196
12
LT Larsen & Toubro Ltd
51,024Construction51,0243,846
13
NTPC NTPC Ltd
44,983Power44,9834,726
14
JSWSTEEL JSW Steel Ltd
44,584Metals & Mining44,5842,773
15
INFY Infosys Ltd
38,994Information Technology38,9946,215
16
VEDL Vedanta Ltd
38,945Commodities38,945-915
17
RAJESHEXPO Rajesh Exports Ltd
38,066Consumer Goods38,06645
18
MARUTI Maruti Suzuki India Ltd
37,339Automobiles37,3393,786
19
Vishwakarma Cements Ltd
37,04437,0442,093
20
BHARTIARTL Bharti Airtel Ltd
37,044Telecom37,0442,093
21
M&M Mahindra & Mahindra Ltd
34,436Automobiles34,4362,484
22
Mardia Extrusions Ltd
32,98632,9862,442
23
GAIL GAIL (India) Ltd
32,986Energy32,9862,442
24
COALINDIA Coal India Ltd
32,776Energy32,7768,049
25
GRASIM Grasim Industries Ltd
30,221Construction30,2212,024

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.