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Torrent’s revenue reached Rs. 2,889 crore, reflecting a 9% y-o-y increase and a 1% q-o-q rise, driven by growth in key geographies.

Radico Khaitan Limited’s (RKL’s) Q2FY2025 numbers were strong beating estimates on all fronts, with net revenues rising by 21% y-o-y and OPM improving 152 bps y-o-y to 14.6%, leading to 33% y-o-y growth in PAT.

Overall revenue growth of 133% was led by strong performance in mobiles & EMS (235%), home appliances (22%) and Lightning products (29%) division. Operating profits were higher by 114% to Rs 426 crore, with OPM falling 33 bps.

Revenues reached Rs. 7,433 crore, rising by 6% y-o-y and by 57% q-o-q, primarily driven by higher volumes of primary sales.

Home First Finance (HOMEFIRS)’s 2QFY25 PAT grew 24% YoY to INR922m (in line). 1HFY25 PAT grew 25% YoY to ~INR1.8b and we expect 2HFY25 PAT to grow ~23% YoY.

We maintain our BUY recommendation on the stock

With a downside of -2% from the CMP, we recommend a HOLD rating to the stock

We maintain our BUY recommendation on the stock.