Red alert! 72 companies flip to loss in Q2. Are your stocks also on this list?
The forgettable Q2 earnings season, which was the worst since early 2020, saw at least 72 profit-making companies including Birla Corporation, Borosil Renewables, Honasa Consumer and Poonawalla Fincorp, report losses on a year-on-year (YoY) basis. Interglobe Aviation, which runs IndiGo airline, reported a loss of Rs 987 crore in Q2 vs a profit of Rs…