Q2 Results Today Live: Infosys, Tata Motors, Adani Power, JSW Steel, Shriram Finance, BPCL in focus; Steel Strips Wheels declares dividend

Quarterly results

GNA Axles posts 43% revenue jump in Q2, profit rises sharply

GNA Axles Limited on Friday reported a 43 per cent year-on-year surge in standalone revenue from operations to ₹52,115 lakh for the second quarter ended September 30, 2026, compared to ₹34,794 lakh in the same period last year. 

Profit for the quarter stood at ₹4,407 lakh, up from ₹3,119 lakh a year ago, reflecting a 41 per cent increase. Earnings per share for the quarter came in at ₹10.27, against ₹7.27 in Q2 of the previous year. 

For the half year ended September 30, 2026, standalone revenue from operations reached ₹99,159 lakh, compared to ₹69,215 lakh in the corresponding period last year. Half-year net profit rose to ₹8,239 lakh from ₹5,422 lakh, with basic EPS at ₹19.19 versus ₹12.63. 

Total expenses for the quarter rose to ₹46,154 lakh from ₹30,596 lakh, driven largely by higher material costs of ₹32,915 lakh and employee benefit expenses of ₹3,133 lakh. 

The consolidated results were broadly in line with the standalone numbers. The company’s total assets stood at ₹1,72,922 lakh on a consolidated basis as of September 30, 2026. 

The company operates solely in the auto components segment, manufacturing rear axle shafts, transmission shafts, and spindles.

Quarterly results

CSB Bank Q2 FY27 profit jumps 22% on strong loan, deposit growth

CSB Bank reported a net profit of ₹183 crore for the second quarter of FY27, a 22 per cent sequential rise from ₹150 crore in Q1 FY27 and 14 per cent higher than ₹160 crore in the same quarter last year. The Kerala-based private sector lender’s board took the results on record on October 23, 2026. 

Net Interest Income rose 20 per cent year-on-year to ₹510 crore, while Non-Interest Income grew 20 per cent sequentially to ₹274 crore. Net Operating Income stood at ₹783 crore, up 11 per cent over the previous quarter. Operating profit came in at ₹276 crore, 10 per cent higher than Q1 FY27. 

Total deposits grew 18 per cent year-on-year to ₹46,889 crore, while net advances expanded 22 per cent to ₹41,852 crore, driven by 44 per cent growth in wholesale lending and 36 per cent growth in the gold loan portfolio. The CASA ratio held steady at 19 per cent. 

Asset quality improved, with gross NPA falling to 1.58 per cent from 1.75 per cent in the previous quarter, the lowest since Q1 FY26. Net NPA declined to 0.33 per cent. Provision coverage ratio stood at 87.65 per cent. 

Return on Assets was 1.29 per cent and Net Interest Margin stood at 3.81 per cent for the quarter. The Capital Adequacy Ratio remained healthy at 19.55 per cent, comfortably above regulatory requirements.

Quarterly results

Atul Ltd announces buyback, Q2 results, and auditor change

Atul Ltd’s board approved a share buyback of up to ₹90 crore through open market purchases on the NSE and BSE, at a maximum price of ₹7,500 per equity share. The buyback covers up to 1,20,000 equity shares, representing 0.41 per cent of the company’s total outstanding shares. Promoters and the Promoter Group, who currently hold 45.33 per cent of equity, will not participate in the buyback. 

The board also approved the appointment of Price Waterhouse Chartered Accountants LLP as statutory auditors for five consecutive years beginning from the conclusion of the 50th AGM in 2027 through to the 55th AGM in 2032, subject to shareholder approval. Deloitte Haskins & Sells LLP, the current auditors, will continue until the 50th AGM. 

On the financial front, the company reported standalone revenue from operations of ₹1,623 crore for Q2 FY2026-27, up from ₹1,410 crore in the same quarter last year. Standalone net profit for the quarter stood at ₹141 crore, compared to ₹172 crore a year ago. On a consolidated basis, revenue from operations was ₹1,877 crore for Q2, against ₹1,552 crore in Q2 FY2025-26, while consolidated net profit attributable to the company’s owners was ₹156 crore versus ₹179 crore in the year-ago period. 

Quarterly results

Ponni Sugars posts strong Q2 profit on higher revenue

Ponni Sugars (Erode) Limited reported a net profit of ₹2,169 lakhs for the quarter ended September 30, 2026, compared to ₹1,456 lakhs in the same quarter last year, driven by a sharp rise in revenue from operations. 

Revenue from operations jumped to ₹15,956 lakhs in Q2 FY27, up from ₹11,373 lakhs in Q2 FY26, a year-on-year increase of about 40 per cent. Total income for the quarter stood at ₹16,157 lakhs against ₹11,471 lakhs a year ago. 

Profit before tax for the quarter came in at ₹3,252 lakhs, more than double the ₹1,554 lakhs recorded in the corresponding quarter of the previous year. There were no exceptional items in the current quarter. 

For the six months ended September 30, 2026, the company reported a net profit of ₹2,046 lakhs on total income of ₹25,657 lakhs, against a profit of ₹1,188 lakhs on income of ₹17,843 lakhs in the year-ago period. 

Basic earnings per share for Q2 stood at ₹25.22, compared to ₹16.93 a year earlier. The company has two business segments — sugar and co-generation — with segment revenues of ₹14,532 lakhs and ₹5,249 lakhs respectively for the quarter. 

Quarterly results

Mahindra Logistics posts profit turnaround in Q2 FY27

Mahindra Logistics Limited on Friday reported a consolidated net profit of ₹28.87 crore for the second quarter ended 30 September 2026, a sharp reversal from a loss of ₹8.36 crore in the same quarter last year. Revenue from operations rose 24.3 per cent year-on-year to ₹2,095.43 crore from ₹1,685.27 crore. 

For the half year ended 30 September 2026, the company reported a consolidated net profit of ₹56.70 crore against a loss of ₹17.80 crore in the corresponding period last year. Half-year revenue from operations grew 23.8 per cent to ₹4,098.31 crore. 

On a standalone basis, the company posted a net profit of ₹37.63 crore for Q2, up from ₹3.79 crore a year ago. Standalone revenue from operations stood at ₹1,713.75 crore. 

The Supply Chain Management segment remained the dominant revenue contributor at ₹1,976.15 crore for the quarter, while Enterprise Mobility Services contributed ₹123.82 crore.

Quarterly results

CG Power Board approves capacity expansion, names new Senior Executives

The board of CG Power and Industrial Solutions Limited approved unaudited standalone financial results for the quarter and half year ended September 30, 2026. Standalone revenue from operations rose to ₹3,504.63 crore in Q2 FY27, up from ₹2,649.19 crore in the same quarter last year. Profit after tax for the quarter stood at ₹449.90 crore, compared to ₹307.18 crore a year earlier. For the six-month period, standalone revenue reached ₹6,566 crore against ₹5,292.68 crore previously. 

On the capital expenditure front, the board approved an investment of ₹68 crore to expand the Power Transformer facility (T3 Division) by 10,000 MVA, to be completed in 12–15 months. The existing facility is operating at 85 per cent of its 65,000 MVA capacity. 

For its Switchgear business, the board approved three separate brownfield expansions. The S1 Unit at Ambad will receive approximately ₹300 crore to add 4,236 equivalent units of OIP bushing and instrument transformer capacity annually, with completion expected in 30–36 months. At S3 Unit-II, an additional ₹15.31 crore was approved to add 3,600 EHV circuit breaker units annually within 6–9 months. The GIS Division at Vilholi, Nashik, saw its capex budget revised upward from ₹35.17 crore to ₹44.62 crore, primarily to procure an 800 kV high-voltage testing system. 

The board also designated Mr. Rajat Shah, Vice President – Services, and Mr. Rushikesh Kulkarni, Chief Growth and Innovation Officer – Industrial Business, as Senior Management Personnel with effect from October 23, 2026. 

Quarterly results

Shree Digvijay Cement swings to loss in Q2 FY27 as costs surge

Shree Digvijay Cement Company Limited reported a net loss of ₹1,627 lakh for the quarter ended 30 September 2026, a sharp reversal from a profit of ₹1,023 lakh in the same quarter last year, according to a press release signed by CEO and Managing Director Amit Arora on 23 October 2026. 

Revenue from operations rose 73% year-on-year to ₹27,931 lakh from ₹16,135 lakh, driven largely by higher sales volumes. The company sold 5.10 lakh tonnes of cement in Q2, up from 2.96 lakh tonnes a year earlier. A portion of this volume — 212,549 MT — came from sales under a Brand Usage, Supply and Distributorship Agreement (BDA) with Hi-Bond Cement (India) Private Limited, for which there were no comparable sales in the prior-year quarter. 

Despite the revenue jump, profitability collapsed. EBITDA turned negative at ₹130 lakh compared to a positive ₹2,048 lakh in Q2 FY26, with EBITDA per tonne falling to a loss of ₹26 from a gain of ₹692. The company attributed the deterioration to geopolitical uncertainty disrupting global supply chains, which drove up input and logistics costs — particularly for fuel, packaging, and freight. An annual plant shutdown during the quarter added further pressure. 

For the six months ended 30 September 2026, revenue stood at ₹61,658 lakh against ₹35,729 lakh in the prior period, but the company posted a pre-tax loss of ₹1,291 lakh versus a profit of ₹3,217 lakh previously. 

Management said the plant is now ready to meet higher demand following the shutdown and pointed to renewable energy expansion and a growing blended cement portfolio as levers for future margin recovery. The company maintained a confident stance on long-term prospects, citing its distribution network and supply chain capabilities. 

Quarterly results

SKM Egg Products board approves merger with subsidiary, reports Q2 results

SKM Egg Products Export (India) Limited on Thursday announced the approval of a scheme of amalgamation to merge its wholly-owned subsidiary, SKM Universal Marketing Company (India) Private Limited, into itself. The board took the decision at its meeting held in Erode on October 23, 2026. 

Under the scheme, SKM Universal Marketing Company (India) Private Limited will be the transferor company, and SKM Egg Products Export (India) Limited will be the transferee company. The merger is subject to statutory and regulatory approvals. Since the subsidiary is wholly owned, no shares will be issued as consideration and there will be no change in the shareholding pattern of the listed entity. The two companies operate in complementary areas — the parent manufactures and exports egg powder, while the subsidiary trades in eggs and egg-related products. 

The board also approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Standalone revenue from operations for the quarter stood at ₹18,415 lakhs, with a net profit of ₹1,611 lakhs. On a consolidated basis, revenue from operations was ₹18,984 lakhs and net profit was ₹1,778 lakhs. 

The board also placed on record its appreciation for Chairman and Managing Director SKM Shree Shivkumar for his participation in entrepreneurship and management programmes at Harvard Business School. 

Quarterly results

Westlife Foodworld posts 16% revenue jump, EBITDA surges 29% in Q2 FY27

Westlife Foodworld Limited, the operator of McDonald’s restaurants across West and South India, reported a 16 per cent year-on-year rise in revenue from operations to ₹7.47 billion for the quarter ended September 30, 2026, marking one of its strongest quarterly performances in recent years. 

Same Store Sales Growth (SSSG) came in at 10.1 per cent, driven by double-digit guest count growth. Operating EBITDA rose 29 per cent year-on-year to ₹981 million, with margins expanding to 13.1 per cent. Cash profit after tax stood at ₹526 million, translating to a 7.0 per cent margin. 

The company added 11 new restaurants during the quarter, taking its total network to 492 outlets across 80 cities. It is approaching the 500-restaurant milestone as it marks 30 years of McDonald’s operations in the region. 

Digital channels continued to drive growth, contributing over 75 per cent of sales. The McDonald’s app crossed 58 million cumulative downloads, with monthly active users reaching approximately 4.2 million. 

On-premise sales contributed 59 per cent of system sales, while McDelivery maintained healthy momentum. Growth was supported by value offerings, menu innovation, and an omnichannel strategy. 

Chairperson Amit Jatia attributed the results to disciplined execution and the enduring strength of the McDonald’s brand, adding that the company is well-positioned to capture long-term growth opportunities across the region.

Quarterly results

STL posts record quarterly revenue of ₹2,529 crore, turns net debt-free

Sterlite Technologies Limited (STL) reported its highest-ever quarterly revenue of ₹2,529 crore for the quarter ended September 30, 2026, marking a year-on-year growth of approximately 145 per cent. EBITDA for the quarter stood at ₹846 crore, up roughly 500 per cent from the same period last year, with a margin of 27.1 per cent. Net profit came in at ₹517 crore, which includes a one-time US tariff refund gain of ₹161 crore net. 

The Pune-based optical connectivity manufacturer also reported a net debt-free balance sheet, with net cash of ₹703 crore. CRISIL upgraded its long-term credit rating to AA/Stable from AA-. 

Order intake surged 4.2 times during the first half of FY27 compared to all of FY26, reaching ₹32,026 crore. The open order book stood at a record ₹35,274 crore at the end of the quarter. Key wins included a US$1.2 billion multi-year agreement with a hyperscaler and a US$1.11 billion product award letter for AI data centre connectivity products. 

The company’s global optical fibre cable market share (excluding China) rose to 9 per cent in H1 FY27, up from 7 per cent a year earlier. The optical connectivity attach rate reached an all-time high of 24 per cent. 

STL reaffirmed its Lakshya growth roadmap targeting ₹20,000 crore in revenue by FY29, upgrading its EBITDA margin guidance from above 27 per cent to above 30 per cent. 

Quarterly results

Godrej Properties posts record H1 bookings of ₹16,659 crore, but profits slip 50%

Godrej Properties Limited (GPL) on Friday reported its highest-ever first-half booking value of ₹16,659 crore for H1 FY27, a 7 per cent year-on-year rise, even as net profit fell sharply amid muted reported earnings under project completion accounting. 

For Q2 FY27 ended September 30, 2026, bookings stood at ₹8,008 crore from the sale of 3,658 units covering 6.2 million sq. ft. Collections reached a record ₹5,318 crore in Q2, up 31 per cent year-on-year, and ₹9,666 crore in H1, up 25 per cent. 

However, consolidated financials told a contrasting story. Q2 net profit dropped 62 per cent to ₹154 crore from ₹405 crore a year ago, while EBITDA fell 72 per cent to ₹171 crore. For H1, net profit declined 50 per cent to ₹504 crore and EBITDA fell 53 per cent to ₹717 crore. Total income for H1 grew 13 per cent to ₹3,912 crore. 

Operating cash flow surged 297 per cent quarter-on-quarter and 33 per cent year-on-year to ₹1,584 crore in Q2, with H1 operating cash flow at ₹1,983 crore. Construction-related outflows rose 42 per cent in H1. 

Chairperson Pirojsha Godrej said the company expects ₹15,000 crore in collections and ₹7,000 crore in operating cash flow in H2 FY27, and targets a 20 per cent reported return on equity in FY28. GPL added four new projects in H1 with an expected booking value of ₹15,500 crore, achieving 78 per cent of its full-year guidance. 

Stock down

Mahindra Logistics shares fall 1.9% ahead of Q2 results

Shares of Mahindra Logistics Ltd declined 1.85 per cent to ₹376.50 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹380 and touched an intraday high of ₹381.65 and a low of ₹364.45.

Stock up

Infosys shares gain 0.4% ahead of Q2 results

Shares of Infosys Ltd rose 0.36 per cent to ₹1,157.45 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹1,187 and touched an intraday high of ₹1,197.80. The exchange data showed an intraday low of ₹1,038.05.

Stock up

Coforge shares trade marginally higher ahead of Q2 results

Shares of Coforge Ltd edged up 0.05 per cent to ₹1,909.80 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹1,925 and touched an intraday high of ₹1,992.40, while its intraday low stood at ₹1,893.70.

Stock down

Dr. Reddy’s Laboratories shares slip 0.7% ahead of Q2 results

Shares of Dr. Reddy’s Laboratories Ltd declined 0.72 per cent to ₹1,230.10 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹1,236.20 and touched an intraday high of ₹1,250.60 and a low of ₹1,228.20.

Stock down

BPCL shares decline nearly 3% ahead of Q2 results

Shares of Bharat Petroleum Corporation Ltd (BPCL) fell 2.98 per cent to ₹278.40 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹286, compared with the previous close of ₹286.95, and moved between an intraday high of ₹286.40 and a low of ₹277.05.

Stock down

CG Power shares fall 3.2% ahead of Q2 results

Shares of CG Power and Industrial Solutions Ltd declined 3.20 per cent to ₹790.95 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹803.95 and recorded an intraday high of ₹806.45 and a low of ₹772.25.

Stock down

Torrent Pharma shares decline 2.4% ahead of Q2 results

Shares of Torrent Pharmaceuticals Ltd fell 2.36 per cent to ₹4,506.40 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹4,637.90 and touched an intraday high of ₹4,650.70 before declining to a low of ₹4,500.

Stock down

Shriram Finance shares fall 2.8% ahead of Q2 results

Shares of Shriram Finance Ltd declined 2.81 per cent to ₹875.60 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹900, compared with the previous close of ₹900.90, and moved between an intraday high of ₹923.05 and a low of ₹874.

Stock down

Tata Motors shares decline nearly 4% ahead of Q2 results

Shares of Tata Motors Ltd fell 3.97 per cent to ₹397.80 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹410, below its previous close of ₹414.25, and traded between an intraday high of ₹412.70 and a low of ₹392.65.

Stock down

JSW Steel shares slip 1.7% ahead of Q2 results

Shares of JSW Steel Ltd fell 1.74 per cent to ₹1,198.80 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹1,220, matching its previous close, and touched an intraday high of ₹1,223.70 and a low of ₹1,195.

Stock down

Adani Power shares fall 4.4% ahead of Q2 results

Shares of Adani Power Ltd declined 4.37 per cent to ₹177.18 on the NSE on Friday, ahead of its quarterly results announcement. The stock opened at its previous close of ₹185.27 and traded between an intraday high of ₹185.90 and a low of ₹175.31.

Quarterly results

Steel Strips Wheels declares interim dividend, approves ₹1,400 crore greenfield plant

Steel Strips Wheels Limited (SSWL) on Friday declared an interim dividend of ₹1.50 per equity share for the financial year 2026-27, with October 30, 2026 set as the record date. The dividend will be paid on or before November 21, 2026. 

The Chandigarh-based auto-component maker also approved a proposal to set up a greenfield manufacturing facility at Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, with a total estimated project outlay of ₹1,400 crore. The plant will manufacture alloy wheels, steel wheels for passenger vehicles and OTR (Off-the-Road) segments, and a hot stamping line for structural body parts. The capacity additions are expected to be operational within 60 months, subject to regulatory approvals. 

The announcements came alongside the company’s unaudited financial results for the quarter and half year ended September 30, 2026. On a standalone basis, revenue from operations rose to ₹1,92,992 lakh for the quarter, up from ₹1,20,057 lakh in the same quarter last year. Net profit after tax stood at ₹11,878 lakh for the quarter versus ₹3,853 lakh a year ago. 

The board also approved the appointment of Sh. Pranav Jain as Vice-President (Finance & Accounts) and renewed the lease agreement with wholly owned subsidiary AMW Autocomponent Limited (AACL) for up to five years commencing November 26, 2026, at a monthly rent of ₹45 lakh. 

Quarterly results

Shree Cement Q2 profit halves sequentially as power costs surge

Shree Cement reported a sharp sequential decline in standalone net profit for the quarter ended September 30, 2026, with earnings falling 53 per cent to ₹205.33 crore from ₹437.99 crore in the preceding quarter. 

On a year-on-year basis, the standalone net profit was also lower compared to ₹277.14 crore in the same quarter of the previous year. Revenue from operations, however, grew 18.7 per cent year-on-year to ₹5,107.44 crore, up from ₹4,303.20 crore in Q2 FY2025-26, indicating volume growth even as margins compressed. 

The earnings squeeze was driven primarily by a sharp rise in power and fuel costs, which climbed to ₹1,626.91 crore during the quarter from ₹1,039.73 crore in Q2 of the previous year — a near 57 per cent increase. EBITDA fell to ₹955.11 crore from ₹1,275.85 crore in Q1 FY2026-27, pushing the operating margin down to 19 per cent from 23 per cent in the previous quarter. 

On a consolidated basis, which includes subsidiaries such as Union Cement Company, revenue from operations rose to ₹5,896.51 crore from ₹4,761.07 crore year-on-year, while consolidated net profit attributable to the company’s owners stood at ₹261.82 crore, down from ₹308.51 crore in the year-ago period. 

Standalone basic earnings per share for the quarter stood at ₹56.91, against ₹76.81 in Q2 FY2025-26. 

Stock up

Coforge shares gain 1% ahead of Q2 results

Shares of Coforge Ltd rose 1.04 per cent to ₹1,928.70 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹1,925 and climbed to an intraday high of ₹1,992.40, while its intraday low stood at ₹1,913.50.

Stock down

Dr. Reddy’s Laboratories shares edge lower ahead of Q2 results

Shares of Dr. Reddy’s Laboratories Ltd slipped 0.52 per cent to ₹1,232.60 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹1,236.20 and touched an intraday high of ₹1,250.60 and a low of ₹1,229.

Stock down

BPCL shares decline over 2% ahead of Q2 results

Shares of Bharat Petroleum Corporation Ltd (BPCL) declined 2.18 per cent to ₹280.70 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹286, compared with the previous close of ₹286.95, and moved between an intraday high of ₹286.40 and a low of ₹279.65.

Stock down

CG Power shares drop nearly 5% ahead of Q2 results

Shares of CG Power and Industrial Solutions Ltd fell 4.86 per cent to ₹777.35 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹803.95 and recorded an intraday high of ₹806.45 and a low of ₹772.25.

Stock down

Torrent Pharma shares fall 1.7% ahead of Q2 results

Shares of Torrent Pharmaceuticals Ltd declined 1.69 per cent to ₹4,537.20 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹4,637.90 and touched an intraday high of ₹4,650.70 before falling to a low of ₹4,536.90.

Stock down

Shriram Finance shares slip over 2% ahead of Q2 results

Shares of Shriram Finance Ltd declined 2.13 per cent to ₹881.70 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹900, compared with the previous close of ₹900.90, and traded in a range of ₹877.20–₹923.05 during the session.

Stock down

Tata Motors shares slump 4.5% ahead of Q2 results

Shares of Tata Motors Ltd fell 4.54 per cent to ₹395.45 on the NSE on Friday ahead of its quarterly results announcement. The stock opened at ₹410, below its previous close of ₹414.25, and touched an intraday high of ₹412.70 and a low of ₹392.65.

Stock down

JSW Steel shares decline 1.5% ahead of Q2 results

Shares of JSW Steel Ltd fell 1.49 per cent to ₹1,201.80 on the NSE on Friday ahead of its quarterly results. The stock opened at ₹1,220, matching its previous close, and traded between an intraday high of ₹1,223.70 and a low of ₹1,197.90.

Stock down

Adani Power shares fall nearly 4% ahead of Q2 results

Shares of Adani Power Ltd declined 3.84 per cent to ₹178.16 on the NSE on Friday, ahead of the company’s quarterly results announcement. The stock opened at its previous close of ₹185.27 and moved between an intraday high of ₹185.90 and a low of ₹175.31.

Quarterly results

Pricing pressure in the US to weigh on Dr Reddy’s Q2

Pricing pressure in the US to weigh on Dr Reddy’s Q2

Pharma major Dr Reddy’s Laboratories is expected to have faced continued pricing pressure in the US market, which could have weighed on its margins in the second quarter of the current financial year, ended September.

Quarterly results

Nippon Life India AMC debt down 6% on one-time provision

Nippon Life India AMC debt down 6% on one-time provision

Nippon Life India Asset Management Company has reported that its net profit was down 6 per cent in the September quarter at ₹324 crore against ₹345 crore logged in the same period last year

Quarterly results

Nirma’s cement arm Nuvoco Vistas Q2 profit rises 78%

Nirma’s cement arm Nuvoco Vistas Q2 profit rises 78%

Nuvoco Vistas Corp Ltd, the cement arm of the Nirma Group, reported a 78 per cent year-on-year increase in consolidated net profit to ₹64.5 crore in the second quarter of FY27, while revenue from operations rose 13.5 per cent to ₹2,790 crore, driven by higher sales volumes and growth across its businesses.

Quarterly results

CPCL Q2 profit more than triples to ₹2,271 crore on higher refining margins

CPCL Q2 profit more than triples to ₹2,271 crore on higher refining margins

CPCL Q2 profit soars to ₹2,271 crore on higher GRMs, with 98% utilization, rising revenue, and interim dividend of ₹25 per share for FY27.

Quarterly results

Adani Energy Solutions Q2 Results: Profit jumps 148% to ₹1,323 cr

Adani Total Gas Q2 profit rises 6% to ₹173 cr

Adani Total Gas Q2 profit rises 6% to ₹173 cr

Quarterly results

Swiggy posts bigger-than-expected quarterly loss

Swiggy posts bigger-than-expected quarterly loss

Swiggy posts larger-than-anticipated losses, narrows Q2 loss, boosts food delivery profit though Instamart losses widen amid heavy expansion.

Quarterly results

Adani Energy Solutions Q2 profit jumps 148% to ₹1,323 cr

Adani Energy Solutions Q2 profit jumps 148% to ₹1,323 cr

Adani Energy Solutions Ltd (AESL) on Thursday reported a 148 per cent year-on-year rise in consolidated net profit to ₹1,323 crore for the September quarter of FY27, supported by strong growth in its transmission and energy solutions businesses.

Quarterly results

J&K Bank Q2 net profit rises 10.6% to ₹546 crore

J&K Bank Q2 net profit rises 10.6% to ₹546 crore

Earnings growth and asset quality gains drive profit; other income more than doubles y-o-y

Quarterly results

Sony India FY26 profit rises 19% to ₹187 cr; revenue marginally up at ₹7,918 cr

Sony India FY26 profit rises 19% to ₹187 cr; revenue marginally up at ₹7,918 cr

Sony India posts a 19% FY26 profit rise to ₹187 cr with revenue near ₹7.92k cr, amid modest growth and cost adjustments.

Quarterly results

Tata Teleservices narrows Q2 loss to ₹59 crore, revenue up 8%; stock surges 9% on results day

TTML Q2 Results: Profit narrows to ₹59 cr, revenue up 8%; stock surges 9%

Revenue from operations rose 8.2% year-on-year to ₹309.65 crore; the stock jumped 9.26% to ₹35.03 on the NSE by early afternoon on volumes of over 9.16 crore shares

Quarterly results

Sapphire Foods posts best revenue growth in four years, stock slides

Sapphire Foods posts best revenue growth in four years, stock slides

Sapphire Foods posts strongest quarterly revenue growth in 4 years; KFC drives gains amid rising costs, stock dips further.

Review

Q2FY27BlueStone Jewellery and Lifestyle Ltd (CMP: Rs 761 | Mkt Cap: Rs 11,622 cr)

Financial Overview 

Consolidated revenue at Rs 745 cr; up 1.1%/45.1% QoQ/YoY respectively

Consolidated EBITDA at Rs 95 cr; down 12.0% QoQ and up 127.7% YoY 

Consolidated Net loss at Rs 4 cr vs Rs 52 cr YoY and a net profit of Rs 6 cr QoQ 

Board approved fund raise via NCDs of up to Rs 300 cr for refinancing existing debt and business growth requirements 

Trades at FY27E/FY28E Bloomberg consensus EV/Sales of 3.9x/3.0x respectively

EBITDA Margin

2QFY27: 12.7% 

1QFY27: 14.6% 

2QFY26: 8.1% 

Review

2QFY27: Garware Hi-Tech Films Ltd. (CMP: Rs 6,463 | Mkt Cap: Rs 15,015 cr)

Financial Overview 

Consolidated revenue at Rs 696 cr; up 9.9%/22.1% QoQ/YoY respectively 

Consolidated EBITDA at Rs 169 cr; down 1.5% QoQ and up 41.9% YoY 

Consolidated PAT at Rs 129 cr; down 2.4% QoQ and up 41.9% YoY 

Trades at FY27E/FY28E Bloomberg consensus P/E of 34.3x/28.1x respectively Morning Update – 23rd October 2026 

EBITDA Margin 

2QFY27: 24.4% 

1QFY27: 27.2% 

2QFY26: 21.0% 

Key Result Takeaways 

Value-Added Products (VAP) contribution to revenue remained stable at 86% in 1HFY27. Board raised FY27 EBITDA margin guidance by 200 bps to 27% (±2%) while reaffirming the revenue target of Rs 2,500+ cr. Signed an MoU with Lubrizol to build a TPU extrusion platform in India (Rs 118 cr investment), enabling 75% backward integration for premium Paint Protection Film (PPF) and expected to deliver a 150-200 bps EBITDA margin expansion. The TPU line commissioning remains on track for 3QFY27 while the Rs 192 cr Sun Control Film (SCF) line (~1,200 LSF capacity addition) is expected to commence commercial production in 1HFY28. Entered a new growth vertical with the launch of a state-of-the-art facility for PDLC (Polymer Dispersed Liquid Crystal) switchable smart privacy films for architectural applications. Continued D2C expansion reaching 14 Global Application Studios (GAS) internationally and scaling Garware Home Solutions (GHS) studios to 14, targeting 50 studios by Dec’27. 

Quarterly results

2QFY27 Results Today – 23rd October 2026 (Friday)

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