Coal India Profit Plunges 31% Despite Big Dividend; L&T, Varun Beverages Ride Q2 Earnings Wave
India’s earnings season reached a crescendo on October 29, with over 65 companies declaring quarterly resultsbusiness-standard.com. Two heavyweights, Coal India and L&T, were in the spotlight – one for a profit slump, the other for expected resilience – and their announcements did not disappoint in drawing market reactions.