Crompton Greaves Q2 Results: Profit Surges 65% To Rs 124 Crore
Indian markets moved higher in a quarterly results development.
· NDTV Profit, ET Stocks, Economic Times Markets
The revenue growth was "driven by double-digit growth in general trade, highest-ever quarterly sales in international business", said CGCEL in its earnings statement.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Related coverage
Adani Ports Q2 Results: Net profit jumps 17% YoY to Rs 3,622 crore; revenue up 24%
Bengaluru matches Tokyo with 11.5% office rent growth in Q3: Knight Frank
LIC Housing Fin Q2 net profit grows 12% YoY
IGL Q2 result: Net profit plunges 93.5% to ₹24 crore on higher gas costs
Mukesh Ambani stocks: Reliance Industries vs Jio Platforms shares compared - RIL or JPL? What to buy? Experts' views