Biocon | The company reported an 84.2% year-on-year (YoY) decline in net profit at ₹27.1 crore for the second quarter that ended on September 30, 2024. In the corresponding quarter last fiscal, Biocon posted a net profit of ₹172 crore, the company said in a regulatory filing. The CNBC-TV18 poll had predicted a profit of ₹54.7 crore for the quarter under review. The company’s revenue from operations increased 3.7% to ₹3,590.4 crore against ₹3,462 crore in Q2 of FY24.

DCM Shriram | Diversified agri products firm reported a 95.7% year-on-year (YoY) jump in net profit at ₹63 crore for the second quarter that ended September 30, 2024. In the corresponding quarter of the previous fiscal, DCM Shriram posted a net profit of ₹32.2 crore. Revenue from operations increased 10.8% to ₹3,130.1 crore against ₹2,825.4 crore in the year-ago period. At the operating level, EBITDA jumped 58.8% to ₹181.2 crore in the second quarter of this fiscal over ₹114.1 crore in Q2 of FY24.

IRB Infrastructure | The company reported a 4% rise in consolidated net profit at ₹99.86 crore for the September quarter FY25. The company had clocked a net profit of ₹95.74 crore in the year-ago period, it said in a regulatory filing. Total income during the second quarter of the current fiscal declined to ₹1,751.16 crore from ₹1,874.50 crore a year ago. The company said its toll collection in Q2FY25 rose 25% (including projects under Private InvIT).

Wipro | IT services company Wipro Ltd on Wednesday (October 30) announced a strategic collaboration with Microsoft and SAP to accelerate RISE with SAP migrations on the Microsoft cloud at near zero cost for clients. This partnership enables clients to leverage SAP’s enterprise resource planning capabilities on Microsoft’s cloud infrastructure, with Wipro delivering best practices, strategic guidance, and a roadmap for the transition.