Over 335 companies posted their Q2 (July-September Quarter) results yesterday, including Bajaj Finserv, Bajaj Holdings & Investment, Tata Power Company, Bosch, and BSE Limited. The performance of each company has been compared to their results from the same quarter last year:

Bajaj Finserv Ltd.BAJAJFINSV₹2,024.40 +1.76%

  • Net Interest Income: ₹37,403 crore 🔼 11%, from ₹33,704 crore 
  • Profit: ₹2,244 crore 🔼 8%, from ₹2,087 crore
  • Life Insurance business’s value (VNB) surged by 50%, driven by the “Bajaj Life 2.0” strategy focusing on a profitable product mix and 71% growth in retail protection sales.

Bajaj Holdings & Investment Ltd.BAJAJHLDNG₹11,991.00 -1.36%

  • Revenue: ₹396.87 crore 🔼42.21%, from ₹279.07 crore
  • Profit: ₹1,559.02 crore 🔼 8.54%, from ₹1,436.36 crore
  • A significant, one-time boost to the profit was the sale of a portion of BHIL’s stake in Bajaj Finserv Limited (BFS). This strategic sale was specifically undertaken to partially fund the upcoming acquisition of a greater stake in the two insurance companies (Bajaj General Insurance and Bajaj Life Insurance).

Tata Power Company Ltd.TATAPOWER₹389.70 -1.49%

  • Revenue from Operations: ₹15,769 crore 🔼 3%,  from ₹15,247 crore 
  • Profit: ₹1,245 crore 🔼 14%, from ₹1,093 crore
  • Tata Power has announced the proposed acquisition of a 40% equity stake in a new entity (SPV) to develop the 1125 MW Dorjilung Hydro Power Project in Bhutan, accelerating its clean energy transition. The acquisition will be for approximately ₹1,572 crore in cash consideration.
  • Performance was driven by its solar manufacturing arm earning the global Bloomberg NEF Tier-1 status, validating its ability to supply high-quality modules for global markets.
  • Tata Power continued to strengthen its market position in the electric vehicle (EV) ecosystem, with its total public chargers now standing at 5,613 and home chargers exceeding 1.7 lakh points.

Bosch Ltd.BOSCHLTD₹36,230.00 -1.23%

  • Revenue from Operations: ₹4,794.8 crore 🔼 9.1%, from ₹4,394.3 crore 
  • Profit: ₹554.2 crore 🔼3.41% , from ₹535.9 crore
  • The 2-Wheeler segment achieved 81.8% growth, demonstrating the successful expansion into the high-volume Indian powersports market.

BSE Ltd.BSE₹2,798.90 +5.85%

  • Revenue from Operations: ₹1,068.4 crore 🔼 44.24%, from ₹740.7 crore  
  • Profit: ₹557 crore 🔼 61.08%, from ₹345.8 crore
  • Performance was driven by soaring activity in Equity Derivatives, translating directly into a massive surge in the Average Daily Premium Turnover to ₹15,004.5 crore in the quarter
  • The BSE StAR MF platform solidified its position by capturing the retail boom, evidenced by a 26% increase in the Number of Orders processed for the half-year.
  • Underlying growth was supported by technology upgrades that dramatically improved trade processing speed by 9x (from 3,000 to 27,000 trades per second per member)

Note: The stock price mentioned is as of 1:00 pm.