Q2FY19 Results Season: The journey so far

With the Q2FY19 result season on full steam, we have compiled the financial performance of around 568 companies which have reported their September quarter numbers so far.

On the revenue front, the companies have come up with healthy growth of around 22.75 per cent on YoY basis. On the operational front, the companies have witnessed around 16.59 per cent YoY growth with pressures on margins.

Looking at the bottomline, the companies have reported healthy growth of around 34.35 per cent on YoY basis.

The main outperformer was Emami Paper Mills with a rise in revenue by 30 per cent YoY and profit zooms almost 32 times. Another outperformer was JK Tyre with a jump in revenue by 21 per cent YoY and profit spikes almost 4 times.

The main underperformer was HT Media as its bottomline turned negative in Q2FY19. Another underperformer was Strides Pharma Science with a decline in revenue by 26 per cent on YoY basis and massive fall in profit of 78 per cent on YoY basis.

The companies which have seen positive turnaround are BF Utilities and Monsanto, which have been successful in generating positive bottomline in this quarter.