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Q2 FY24 Earnings Results

#CompanyProfit (₹ Cr)SectorRevenue (₹ Cr)Profit (₹ Cr)
🥇 RELIANCE Reliance Industries Ltd19,878Energy2,31,88619,878
🥈 HDFCBANK HDFC Bank Ltd17,312Banks—17,312
🥉 SBIN State Bank of India16,648Financial Services—16,648
4 ONGC Oil & Natural Gas Corpn Ltd16,171Oil & Gas1,47,61416,171
5 IOC Indian Oil Corporation Ltd13,713Energy1,79,24613,713
6 TCS Tata Consultancy Services Ltd11,380Information Technology59,69211,380
7 ICICIBANK ICICI Bank Ltd11,351Banks—11,351
8 BPCL Bharat Petroleum Corporation Ltd8,244Petroleum Products1,03,0448,244
9 COALINDIA Coal India Ltd8,049Energy32,7768,049
10 LICI Life Insurance Corporation of India8,032Insurance2,03,0338,032
11 PFC Power Finance Corporation Ltd6,628Financial Services—6,628
12 ADANIPOWER Adani Power Ltd6,594Power12,9916,594
13 AXISBANK Axis Bank Ltd6,230Financial Services—6,230
14 INFY Infosys Ltd6,215Information Technology38,9946,215
15 HINDPETRO Hindustan Petroleum Corporation Ltd5,827Petroleum Products95,7525,827
16 ITC ITC Ltd4,965Fast Moving Consumer Goods17,7744,965
17 NTPC NTPC Ltd4,726Utilities44,9834,726
18 KOTAKBANK Kotak Mahindra Bank Ltd4,461Financial Services—4,461
19 BANKBARODA Bank of Baroda4,426Banks—4,426
20 LT Larsen & Toubro Ltd3,846Industrials51,0243,846
21 HCLTECH HCL Technologies Ltd3,833Information Technology26,6723,833
22 TMPV Tata Motors Passenger Vehicles Ltd3,832Automobiles1,05,1293,832
23 CANBK Canara Bank3,829Banks—3,829
24 RECLTD 3,790Financial Services—3,790
25 MARUTI Maruti Suzuki India Ltd3,786Consumer Discretionary37,3393,786

About the Q2 FY24 leaderboard

What does the Q2 FY24 earnings leaderboard rank?
Companies ranked on one measure at a time — EPS surprise against consensus, profit growth, revenue growth, or absolute profit and revenue. Ranking is computed over every company that reported the quarter, not just the ones on the first page of the grid.
Which companies can appear in the EPS surprise ranking?
Surprise is measured against an analyst estimate, and none was available for this quarter.
Is a large percentage growth figure always a good result?
No. A company recovering from a very small base can post several hundred percent growth on a modest absolute gain, which is why absolute revenue and profit are shown beside the growth figure. Growth measured from a loss-making base is excluded entirely rather than published as a large number.
Why do some Q2 FY24 growth figures show "n/a" instead of a percentage?
Growth is left blank whenever the comparison period was not profitable. A percentage change measured from a loss is arithmetic without meaning — a swing from a ₹10 crore loss to a ₹10 crore profit is not "200% growth", and publishing it as such would flatter the company. The reported figures for both periods are still shown, so the change is there to read directly.
Does the beat/miss verdict cover every company?
No analyst consensus was available for Q2 FY24, so no beat/miss verdict is shown. Revenue and profit growth are taken from reported results and cover every company in the table.
What counts as an in-line result rather than a beat or a miss?
Reported earnings per share within ±2% of the consensus estimate. The band is set there because a tighter one classifies rounding as news, and a wider one swallows surprises that genuinely moved a stock.
Are the figures consolidated or standalone?
Consolidated where a company reports on that basis, standalone otherwise, with all money in ₹ crore. Figures are as filed by the company with the exchanges (NSE/BSE); they are not restated or adjusted.

Figures are as reported by companies in their quarterly filings to the exchanges (NSE/BSE), in ₹ crore. Consolidated results are shown where a company reports them, otherwise standalone. Year-on-year and quarter-on-quarter growth is omitted where the comparison period was loss-making, since a percentage change from a negative base is not meaningful. Analyst consensus is an estimate, not a forecast of outcome.