Higher input costs and operational issues have hurt the company's bottom line, resulting in a profit reduction despite good revenue figures.
After accounting for the extraordinary gain, the company's net profit in Q2FY25 climbed 109% year-over-year to ₹236 Crores.
Atul Ltd.'s EBITDA increased by 56.4% year-on-year to ₹242.7 Crore, surpassing the previous year's ₹155.2 Crore.
RCL currently owns 2.44% and 0.53% of EIH and HLV, respectively, whereas ITC currently owns 13.69% and 7.58% of both companies.
Over USD 1.5 billion is the estimated earning potential of GPL's developable land on Gurgaon's Golf Course Road.
The IPO includes a fresh issue of ₹325 Crore and an offer-for-sale of 6.52 million shares.
The issue aims to raise ₹5,430 Crore through a combination of fresh shares and an offer for sale (OFS).
HPCL's quarterly sales decreased by 10.5% to ₹99,926 Crore from ₹1.4 Lakh Crore in Q1.EBITDA increased by 29.3% to ₹2,724.4 Crore.
Meanwhile, consolidated revenue for the reporting quarter was ₹4,605 Crore, up 15% from ₹4,009 Crore in the same time last year.
Top gainers in Sensex include ITC, HUL, Sun pharma, Nestle. Top losers include IndusInd Bank, M&M, NTPC, Larsen.

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