In a challenging Q2FY25, Allcargo Gati (ACLGATI IN) posted a fourth consecutive quarterly revenue decline, underscoring the headwinds faced by the logistics sector.
Bata India’s Q2 performance demonstrated solid revenue growth but fell short on profitability, with EBITDA and PAT down by 8.1% and 18.9%, respectively, due to higher-than-expected costs.
Nestlé (NEST IN) reported a poor performance, bringing the half-year rise to 2.7%.
Polycab India (POLYCAB IN) reported a stellar 30% increase in topline revenue, which was 5% higher than anticipated.
“If we meet these goals, investors could expect ~15% annualized returns over the next six years,” the management stated. However, they acknowledged that reaching more than triple the current EBITDA could be a “tough ask.”