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ICICI Bank delivered a healthy quarter with stable asset quality. Net interest income (NII) grew 9.5% YoY (-11.3% QoQ) to INR 200,480 Mn in Q2FY25. NII was 1.6% higher than our estimates.
Supriya Lifescience revenue slightly missed (-1.2%) our estimate. However, EBITDA and PAT beat our estimates significantly due to lower-than-expected operating expenses, better product mix and better geographical mix.
Sharda Cropchem Limited (SCL) reported solid growth in 2Q FY25 as revenues increased by 33.8% y-o-y to Rs 776.9 crore. A volume growth of 21% y-o-y was driven by strong performance at the agrochemical segment with Europe being the key contributor.