2 companies reported today. 1 beat estimates, 1 missed.
Asian Paints Consumer Durables | ₹26,076 Cr | ₹3,199 Cr | +17.0% | -4.5% | Beat | -0.4% |
Cipla Healthcare | ₹23,845 Cr | ₹4,374 Cr | +30.8% | +13.9% | Miss | -3.7% |
Asian Paints reported Q2 FY27 net profit of ₹3,199 Cr on revenue of ₹26,076 Cr, with profit up +17.0% year-on-year and ahead of street estimates. The stock was little changed as investors weighed the margin trend and management's outlook for the rest of the year.
Cipla reported Q2 FY27 net profit of ₹4,374 Cr on revenue of ₹23,845 Cr, with profit up +30.8% year-on-year and short of street estimates. The stock fell in reaction as investors weighed the margin trend and management's outlook for the rest of the year.