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Reading: Q2 Earnings: Elecon Dips 8% While Indosolar Soars; TCS and Tata Elxsi Decline
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Q2 Results October 10, 2025 highlights: Elecon drops 8%, Indosolar surges; TCS, Tata Elxsi, GM Breweries shares fall
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Q2 Earnings: Elecon Dips 8% While Indosolar Soars; TCS and Tata Elxsi Decline
Economy

Q2 Earnings: Elecon Dips 8% While Indosolar Soars; TCS and Tata Elxsi Decline

October 12, 2025 2 Min Read
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October 10, 2025: Q2 Results Highlights

This article summarizes the key updates from various companies’ Q2 results reported on October 10, 2025, including prominent names like Tata Consultancy Services (TCS), Elecon Engineering, and Waaree Renewable Technologies.

Market Reactions and Company Performance

Elecon Engineering Company saw its shares decline by 8% to ₹556.20 on the NSE after reporting a flat profit for Q2. The company’s consolidated net profit stood at ₹87.72 crore, unchanged from the same quarter last year, whereas it declared a dividend of ₹0.50.

Tata Elxsi‘s shares ended 3% lower following a significant decrease in net profit, which fell by 32.5% to ₹154.81 crore in the September quarter. The stock opened at ₹5,549.50 but later traded at ₹5,476.

TCS, on the other hand, experienced a less dramatic shift, reporting a muted net profit growth of 1.4%, reaching ₹12,121 crore compared to ₹11,955 crore from the previous fiscal year’s corresponding quarter. The shares were priced at ₹3,031.30 after an opening at ₹3,050. Analysts provided mixed assessments regarding the company’s ambitious $7 billion data center plan, highlighting potential impacts on returns.

Key Highlights from Additional Reports

Indosolar reported a remarkable increase in profit, reaching ₹46.34 crore for the quarter, a substantial rise from ₹9.48 crore in the same period last year.

A review from Elara Capital maintained a “SELL” recommendation for Tata Elxsi with a target price of ₹4,390, citing flat revenue growth expectations and margin pressure due to high operating leverage.

GM Breweries experienced a minor decline of 3% to ₹882.40, yet reported a profit increase from ₹21.67 crore to ₹34.89 crore compared to the previous year.

Overall, the Q2 results exhibited varied reactions across different firms, underscoring the ongoing challenges and potential within various sectors.

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