Tue Nov 05 05:26:29 UTC 2024: ## Indian Companies Post Strong Earnings in Q2 and Q3

**New Delhi, November 4, 2024** – Several Indian companies have reported robust financial results for the recent quarters. Siemens India saw its Q3 profit after tax (PAT) jump by 25% to Rs 531 crore, driven by strong revenue growth. ABB India has surpassed 10GW in renewable energy solutions for the country. Star Health’s Q2 PAT stood at Rs 111.29 crore, fueled by both profit and revenue growth.

Adani Wilmar’s Q2 profit soared thanks to significant revenue growth. Dixon Technologies reported a threefold increase in Q2 profit, with revenue reaching Rs 11,534 crore. NAM India’s Q2 profit surged by 47% to Rs 360 crore. PepsiCo India also saw double-digit revenue growth in Q3.

Google India reported a 6% increase in its FY24 profit, reaching Rs 1,425 crore. Apollo Green Energy (AGEL) is planning to go public in 2025, with a goal of building a Rs 10,000 crore business.

In other news, India’s Director General of Trade Remedies (DGTR) has recommended anti-dumping duties on PVC resins from China, the US, and Korea. Larsen & Toubro (L&T) is set to acquire a 21% stake in cloud services company E2E Networks.

These positive financial indicators suggest a healthy performance across various sectors in the Indian economy.

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