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Graphs diagram and charts istock photo for BL | Photo Credit: iStockphoto
2 Results Today, 26th October 2026 Highlights: Find all the latest Q2 results 2026 updates of 7NR Retail, AAVAS Financiers, Aditya Birla Real Estate, Acceleratebs India, Acevector, Achyut Healthcare, Admach Systems, Ad-Manum Finance, Aegis Logistics, Aegis Vopak Terminals, Aequs, Alphalogic Industries, Antelopus Selan Energy, APL Apollo Tubes, Arex Industries, ASI Industries, Astec Lifesciences, Ather Energy, Automobile Products of India, Avantel, Baba Arts, Sumitomo Chemical India, Sunteck Realty, Supreme Industries, Surana Solar, Tata Consumer Products, Trident Lifeline and Tamilnad Mercantile Bank.
EARNINGS IMPACT
GAINERS: Kotak Mahindra, Apollo Micro Systems, Lumax Auto
LOSERS: Shriram Finance , Infosys, IDFC First Bank
Stock market live updates | Stay tuned to businessline for more
Q2 RESULTS TODAY: KEY RESULTS & STOCKS IN ACTION
Tata Consumer Products: Q2 Profit dips to ₹242.81 crore in Q2FY27.
Dalmia Bharat: Standalone net profit at ₹15 cr in Q2
Bank of Maharashtra: Profit rises 41.4% to ₹2309.59 cr in Q2FY27
Ather Energy: Standalone profit at ₹1.50 cr in Q2
Tamilnad Mercantile Bank: Logs 42% y-o-y increase in Q2FY27 PAT
ITC Hotels’ net profit rose 17% y-o-y to ₹207.42 cr
Aegis Vopak Terminals: Logs standalone PAT at ₹37.32 cr
Indian Overseas Bank (IOB): Standalone PAT rises 56% y-o-y to ₹1912.42 cr
- APL Apollo Tubes: Q2 PAT jumps to ₹265.13 cr
Supreme Industries: Standalone PAT up 44% to ₹279.25 crore in Q2
Macpower CNC Machines: Profit at ₹13.47 crore
- Shares of Kotak Mahindra, Apollo Micro Systems and Lumax Auto soar after Q2 results; Infosys, Shriram Finance react negatively.
- Tata Consumer, Paytm, KFin Tech, Ather, IOB, BOM and more results lined up for the day. Stay tuned.
- October 26, 2026 20:33
Q2FY27: North America lagged Europe in revenue growth for Indian IT firms
Q2FY27: North America lagged Europe in revenue growth for Indian IT firms
Along with Europe, the UK, Asia Pacific, and emerging markets generally outperformed North America, where spending remained more selective and focused on business-critical initiatives
- October 26, 2026 20:32
MakeMyTrip adjusted net profit grows 27% to $46.2 million
MakeMyTrip adjusted net profit grows 27% to $46.2 million
While 10% year on year rupee depreciation impacted it’s reported numbers, revenue in constant currency terms grew 11.2% to $235.2 million
- October 26, 2026 20:27
ITC Hotels Q2 net profit jumps 52% to ₹202.65 crore
ITC Hotels Q2 net profit jumps 52% to ₹202.65 crore
Hospitality major ITC Hotels on Monday reported a roughly 52 per cent year-on-year increase in consolidated net profit to ₹202.65 crore for the second quarter of this fiscal year, supported by more than a 25 per cent y-o-y jump in gross revenue.
- October 26, 2026 20:27
Shanthi Gears Q2 PAT down 27% at ₹15.7 crore
Shanthi Gears Q2 PAT down 27% at ₹15.7 crore
Shanthi Gears, a subsidiary of Tube Investments of India Ltd, reported a 27 per cent decrease in net profit to ₹15.7 crore for the second quarter ended September 2026, as against ₹21.5 crore for the same period last year.
- October 26, 2026 20:25
Nazara Technologies reports net profit of ₹35.36 crore in Q2 led by gaming revenue
Nazara Technologies reports net profit of ₹35.36 crore in Q2 led by gaming revenue
Revenue from operations reached its highest-ever quarterly high at ₹803 crore, increasing 53% annually and 87% quarterly
- October 26, 2026 20:18
Tamilnad Mercantile Bank records highest-ever net profit of ₹451 crore for Q2
Tamilnad Mercantile Bank records highest-ever net profit of ₹451 crore for Q2
Total Business grew by 27.25%, highest year on year growth since listing of the bank. Net Interest Income for the quarter stood at ₹807 Crore, a growth rate of 35.17% YoY
- October 26, 2026 20:15
Aequs’ Q2 loss narrows marginally to ₹52.2 crore; order book at $1.1 billion
Aequs’ Q2 loss narrows marginally to ₹52.2 crore; order book at $1.1 billion
Higher depreciation and finance costs largely offset an increase in EBITDA. The net loss for the first half of FY27 stood at ₹105.4 crore, compared with ₹16.7 crore a year earlier
- October 26, 2026 19:16
Tata Consumer Q2 consolidated profit rises 16%
Tata Consumer Q2 consolidated profit rises 16%
Tata Consumer Products, maker of Tata Tea, Tata Salt and Tata Sampann, reported a 16 per cent year-on-year increase in consolidated net profit attributable to shareholders, from ₹404.46 crore to ₹469.30 crore in the July–September 2026 quarter.
- October 26, 2026 19:03
Indian Overseas Bank Q2 net surges 56% on strong interest income growth
Indian Overseas Bank Q2 net surges 56% on strong interest income growth
Indian Overseas Bank reported a 56 per cent YoY growth in net profit at ₹1,912 crore for the quarter ended September 2026 (Q2FY27) on the back of strong net interest income growth
- October 26, 2026 17:29
Eris Lifesciences profit rises 39% to ₹187 crore in Q2
Eris Lifesciences profit rises 39% to ₹187 crore in Q2
The company had posted a net profit of ₹134.47 crore in the same period of the previous fiscal year, Eris Lifesciences Ltd said in a regulatory filing.
- October 26, 2026 17:29
ITC Hotels' net profit rises 52% to ₹202.65 crore in July-September
ITC Hotels' net profit rises 52% to ₹202.65 crore in July-September
The hospitality sector player had posted a net profit of ₹133.29 crore during the corresponding July-September (Q2) period of the previous financial year.
- October 26, 2026 16:43
Quarterly results
Tata Consumer Q2 results live: Profit dips to Rs 242.81 crore in Q2FY27.
- October 26, 2026 16:40
Quarterly results
IOB Q2 results live:
IOB Q2 net profit rises 56% to ₹1,912 crore on higher interest income
Interest income of the bank rises 17% to ₹9,201 crore during the September quarter
- October 26, 2026 16:39
Quarterly results
Sona BLW Precision Forgings Q2 results live: Highlights from investor presentation
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- October 26, 2026 16:17
Quarterly results
Aequs Q2 results live: Profit declines q-o-q
Aequs reported standalone net profit of Rs 1.79 crore in Q2FY27 compared to Rs 4.06 crore in June 32026 quarter and Rs 1.68 million in Q2FY26.
- October 26, 2026 16:07
Quarterly results
Dalmia Bharat Q2 results live: Comments from CFO
“We achieved 4% YoYrevenue growth during the quarter on the back of volume growth and better realization. Demandchallenges in few of our key markets along with macro-economic cost headwinds impacted EBITDAfor the quarter. While the operating environment continues to remain challenging, we are hopefulthat positive momentum on cement prices and our consistent focus on cost optimization will helpmitigate cost pressures.”
Yatin Malhotra, Chief Financial Officer, Dalmia Bharat,
- October 26, 2026 16:04
Quarterly results
Dalmia Bharat Q2 Results live: Comments from Puneet Dalmia, Managing Director & CEO – Dalmia Bharat
“India continues to demonstrate remarkable resilience despite global headwinds.Robust economic activity, supported by sustained public spending, drove broad-based growth.Cement demand too recorded healthy growth during the quarter, reinforcing my confidence in theindustry’s long-term prospects. In this backdrop, our capacity expansion plans remain firmly ontrack while we make strong progress on integration of Central assets. Looking ahead, we remainfocused on executing our strategic priorities, deepening our operational excellence andmaintaining financial discipline to deliver sustainable and superior returns for our stakeholders.”
- Puneet Dalmia, Managing Director & CEO, Dalmia Bharat
- October 26, 2026 16:03
Quarterly results
Dalmia Bharat Q2 results live: Key numbers to watch
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- October 26, 2026 15:59
Quarterly results
Dalmia Bharat Q2 results live: Profit down q-o-q
Dalmia Bharat reported standalone net profit of Rs 15 crore in Q2FY27 compared to Rs 23 crore in June 2026 quarter and Rs 14 crore in Q2FY26.
Board declared interim dividend of Rs 4 per share.
- October 26, 2026 15:55
Quarterly results
Sumitomo Chemical India Q2 results live: Profit declines
Sumitomo Chemical India reported standalone net profit of Rs 156 crore in Q2FY27 aganist Rs 177.89 crore in Q2FY26.
- October 26, 2026 15:52
Stock up
Q2 results live: Kotak, Dr Reddy’s Lab, IOB and Ather Energy rallied after Q2 results
Q2FY27 earnings supported gains in several stocks, according to Abhinav Tiwari, Sr. Research Analyst at Bonanza.
Kotak Mahindra Bank rose over 2% after reporting a 29.5% YoY increase in standalone net profit. Dr Reddy’s Laboratories surged 7.51%, while Indian Overseas Bank gained nearly 6% after its net profit increased 56%. Ather Energy also rallied sharply following a turnaround in its quarterly performance.
- October 26, 2026 15:50
Finance
Bank of Maharashtra Q2 results live: Key highlights
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- October 26, 2026 15:49
Quarterly results
Avantel Q2 results live: Key highlights
Avantel Limited Q2 FY27: Revenue from Operations Grows 33.93% YoY to Rs 73.82 Crore; PAT up 35.32% YoY to Rs 8.35 Crore.
Avantel Limited (BSE: 532406 & NSE: Avantel Limited), a vertically integrated provider of wireless and satellite communication solutions, defence electronics, and radar systems, announced its unaudited financial results for the quarter ended 30th September 2026. The company reported revenue from operations of Rs 73.82 crore, a growth of 33.93% year-on-year, while EBITDA rose 62.90 % to Rs 22.18 crore, reflecting strong operating leverage. Profit After Tax grew 35.32 % year-on-year to Rs 8.35 crore.
Key financial highlights for Q2 FY 2026 – 2027:
• Revenue from operations grew 33.93% to Rs 73.82 Crs in Q2 FY27, as against Rs 55.12 Crs in Q2 FY26
• EBITDA grew 62.90 % to Rs 22.18 Crs in Q2 FY27, as against Rs 13.62 Crs in Q2 FY26
• PBT grew 37.56% to Rs 11.17 Crs in Q2 FY27, as against Rs 8.12 Crs in Q2 FY26
• PAT grew 35.32% to Rs 8.35 Crs in Q2 FY27, as against Rs 6.17 Crs in Q2 FY26
- October 26, 2026 15:43
Stock market
Stock market live, Q2 results today: Sensex, Nifty 50 end higher
Sensex settled 482.92 pts or 0.66% higher at 73,606.75, and Nifty 50 gained 153.20 pts or 0.68% to 22,753.20.
- October 26, 2026 15:24
Quarterly results
BOM Q2 results live: Profit rises 41% y-o-y
Bank of Maharashtra reported a 41.4% increase in standalone net profit for the quarter ended September 2026 to Rs 2309.59 crore.
Shares were flat at Rs 75.48 on the NSE.
- October 26, 2026 15:19
Quarterly results
Mankind Pharma Q2 results live: Profit rises
Mankind Pharma reported standalone net profit of Rs 581.95 crore in Q2FY27 as against Rs 459.80 crore in Q2FY26.
Approved scheme of arrangement for amalgamation of Prolijune Lifesciences Private Limited and Pavi Buildwell Private Limited, both being wholly owned subsidiaries of the Company, with and into Mankind Pharma Limited.
Board also took note of the Scheme of Arrangement for amalgamation of Upakarma Ayurveda Private Limited with and into Mankind Consumer Products Pvt Ltd.
Shares surged over 4% to Rs 2,312 on the NSE.
- October 26, 2026 15:13
Auto
Ather Energy Q2 results live: Capacity addition and investments
Ather Energy - Annual Capacity enhancement by 2.25 lakh units
To meet rising demand, Ather will increase annual production capacity at Hosur by 75,000 units, from 4.2lakh to 4.95 lakh units by December 2026. Ather’s new facility in AURIC, Chhatrapati Sambhajinagar, ison track to begin commercial production in phases from December 2026, with Phase 1 having an annualproduction capacity of 5 lakh units. Ather will further expand the plant’s annual capacity by 1.5 lakh unitsto 6.5 lakh units, with the additional capacity expected to commence production by Q2 FY28.With these expansions, Ather’s combined installed annual capacity across Hosur and AURIC will reachapproximately 11.4 lakh units by Q2 FY28. The company will invest approximately ₹122 crore across thetwo facilities to support these capacity enhancements.
- October 26, 2026 15:00
Auto
Ather Energy Q2 results live: Demand continues to grow
Ather saw a sharp rise in customer interest, with enquiries up 109% YoY to about 10 lakh, while pre-orders more than doubled to 1.80 lakh in Q2 FY27. Demand outpaced available production capacity, with the Hosur facility operating at 98% capacity utilisation during peak production in Q2 FY27
- October 26, 2026 14:59
Stock down
Tata Consumer Q2 results live: Shares in red ahead of Q2 results
Tata Consumer Products traded 3% lower at Rs 933.85 on the NSE at 2.58 pm. Q2 results today.
- October 26, 2026 14:57
Quarterly results
Triveni Power Transmission Q2 results live:
Triveni Power Transmission Limited (TPTL), a leading manufacturer of high-speed gearboxes and engineered power transmission solutions, today announced its financial results for the quarter and half year ended September 30, 2026. In its first results announcement since listing, the Company reported Q2 FY27 revenue of ₹116 crores, up 5.7% year-on-year and 59.9% sequentially. EBITDA was reported at ₹42 crores, with a healthy margin of 36.1%, while profit after tax (PAT) stood at ₹26 crores.
- October 26, 2026 14:52
Quarterly results
Avantel Q2 results live:
Avantel reported standalone net profit of Rs 8.35 crore in Q2FY27 as against Rs 6.17 crore in Q2FY26.
Board approved the merger of Imeds Global Private Limited, a wholly owned subsidiary, into Avantel.
- October 26, 2026 14:49
Quarterly results
JBM Auto Q2 results live: Profit at Rs 49 cr
JBM Auto posted standalone PAT of Rs 48.88 crore in Q2FY27 (+8% y-o-y) from Rs 45.08 crore in Q2FY26.
Shares up 1% to Rs 492 on the NSE.
- October 26, 2026 14:43
Quarterly results
Ather Energy Q2 results live: Turns profitable in Q2
Ather Energy reported standalone net profit of Rs 1.50 crore in Q2FY27 as against Rs 154.07 crore loss in Q2FY26.
Board approved capacity expansion at the Company’s factories located at Hosur, Tamil Nadu and Chhatrapati Sambhajinagar, Maharashtra (Factory 3.0- under construction).
Shares traded 10% higher at Rs 1,518 on the NSE, its upper circuit.
- October 26, 2026 14:40
Quarterly results
Sakar Healthcare Q2 results live: Key highlights
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- October 26, 2026 14:05
Quarterly results
Dhanlaxmi Bank Q2 results live: Profit rises
Dhanlaxmi Bank reported net profit of Rs 48.55 crore in Q2FY27 against Rs 23.20 crore in Q2FY26.
Shares traded at Rs 34.37 on the NSE.
- October 26, 2026 14:02
Quarterly results
Eris Lifesciences Q2 results live: PAT declines
Eris Lifesciences’ standalone PAT declined to Rs 129.15 crore in Q2FY27 from Rs 149.57 crore in Q2FY26.
Shares traded at Rs 1,107 on the NSE.
- October 26, 2026 13:58
Quarterly results
Tamilnad Mercantile Bank Q2 results live: PAT rises 42% y-o-y
Tamilnad Mercantile Bank posted a 42% y-o-y increase in Q2FY27 PAT to Rs 451.14 crore from Rs 317.51 crore in Q2FY26.
Shares traded at Rs 781.25 on the NSE, down 3%.
- October 26, 2026 13:41
Quarterly results
Aegis Vopak Terminals Q2 results live: PAT dips
Aegis Vopak Terminals’ standalone net profit dipped 3% y-o-y to Rs 37.32 crore in Q2FY27 from Rs 48.99 crore in Q2FY27.
Shares flat at Rs 244.60 on the NSE.
- October 26, 2026 13:37
Quarterly results
ITC Hotels Q2 results live: PAT up over 17% y-o-y
ITC Hotels’ net profit rose 17% y-o-y to Rs 207.42 crore in Q2FY27 from Rs 177.01 crore in Q2FY26.
Shares up 4% to Rs 162.35 on the NSE.
- October 26, 2026 13:33
Quarterly results
Shanthi Gears Q2 results live: Profit dips
Shanthi Gears’ net profit dipped to Rs 15.71 crore in Q2FY27 from Rs 21.51 crore in Q2FY26.
Shares traded 3% lower at Rs 467.75 on the NSE.
- October 26, 2026 13:29
Quarterly results
Surana Solar Q2 results live: Logs Rs 75.25 lakh profit in Q2FY27.
- October 26, 2026 13:26
Quarterly results
Macpower CNC Machines Q2 results live:
Macpower CNC Machines posted net profit of Rs 13.47 crore in Q2FY27 as against Rs 9.37 crore in Q2FY26.
Shares traded 8% higher at Rs 1917 on the NSE.
- October 26, 2026 13:24
Quarterly results
Supreme Industries Q2 results live: Profit, dividend and more
Supreme Industries’ standalone PAT increased 44.4% to Rs 279.25 crore in Q2FY27 against Rs 193.29 crore in Q2FY26.
Approved payment of interim dividend of Rs 12 per share.
Record date is Oct 30.
Shares traded flat at Rs 3,381 on the NSE.
- October 26, 2026 13:21
Quarterly results
APL Apollo Tubes Q2 results live: Key highlights from investor presentation
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- October 26, 2026 13:18
Quarterly results
Deepa Jewellers Q2 results live:
Deepa Jewellers reported net profit of Rs 37.25 crore in Q2FY27 against Rs 27.4 crore in Q2FY26.
Shares traded 7% lower at Rs 213 on the NSE.
- October 26, 2026 12:53
Quarterly results
Aditya Birla Real Estate Q2 results live: PAT rises
Aditya Birla Real Estate posted standalone net profit of Rs 838.64 crore in Q2FY27 as against Rs 79.31 crore in Q2FY26.
Shares surged 3% to Rs 1,070 on the NSE.
- October 26, 2026 12:42
Quarterly results
DRC Systems India Q2 results live: Q2 PAT dips
DRC Systems India posted 90.1 lakh standalone net profit in Q2FY27 as against Rs 98.8 lakh in Q2FY26.
Shares traded 4% positive at Rs 11.68 on the NSE.
- October 26, 2026 12:40
Quarterly results
PNGS Reva Diamond Jewellery Q2 results live: Shares tank
PNGS Reva Diamond Jewellery reported net profit of Rs 23.29 crore in Q2FY27 as against Rs 12.68 crore in Q2FY26.
Shares traded 12% lower at Rs 555.90 on the NSE.
- October 26, 2026 12:37
Quarterly results
Indian Overseas Bank (IOB) Q2 results live: PAT rises 56% y-o-y
Indian Overseas Bank (IOB) reported 56% y-o-y increase in standalone net profit to Rs 1912.42 crore in Q2FY27 from Rs 1226.42 crore in Q2FY26.
Shares up over 3% to Rs 29.66 on the NSE.
- October 26, 2026 12:28
Quarterly results
APL Apollo Tubes Q2 results live: PAT doubles
APL Apollo Tubes’ standalone net profit more than doubled to Rs 265.13 crore in Q2FY27 from Rs 106.24 crore in Q2FY26
Board approved acquisition of an additional 31% equity stake, comprising 15,500 equity shares of ₹10 each, in SG Enterprise Solutions Private Limited for an aggregate cash consideration of ₹1.55 lakh.
Shares up over 1% to Rs 2,062.90 on the NSE.
- October 26, 2026 12:08
Stock up
CG Power Q2 results live: Shares up
CG Power shares up nearly 2% to Rs 828.60 on the NSE, after rising to Rs 833.05. It reported a 44 per cent jump in consolidated net profit at Rs 409.09 crore for September quarter FY27
- October 26, 2026 11:57
Quarterly results
Q2 RESULTS LIVE TODAY: Companies announcing results today:
Paytm
Tata Consumer Products
Mankind Pharma
REC
Bank of Maharashtra
APL Apollo Tubes
Indian Overseas Bank
Ather Energy
Sona BLW Precision
Aegis Logistics
Supreme Industries
ITC Hotels
Dalmia Bharat
Aegis Vopak
Sumitomo Chemical
Nazara Technologies
Aequs
Eris Lifesciences
DCM Shriram
KFin Technologies
Five-Star Business Finance
Tamilnad Mercantile Bank
AB Real Estate
JBM Auto
Aavas Financiers
WeWork India
LEAP India
Lumax Industries
Antelopus Selan Energy
Shanthi Gears
Avantel
Deepa Jewellers
PNGS Reva
SMC Global Securities
Brigade Hotel Ventures
Paramount Communications
Venus Remedies
Vidhi Specialty Food
Astec Lifesciences
Dhanlaxmi Bank
RIR Power Electronics
Acevector
- October 26, 2026 11:45
Stock up
Lumax Auto Tech Q2 results live: Shares in green
Lumax Auto Tech shares opened 4% higher at Rs 1,880.20 on the NSE on Monday, before trading at Rs 1,830.30 at 11.42 am.
Company posted standalone net profit of Rs 88.99 crore in Q2FY27 as against Rs 61.08 crore in Q2FY26.
Board approved setting up of a new Mechatronics manufacturing facility of the Company at Manesar, Haryana with a capital outlay of around Rs. 150 Crore.
- October 26, 2026 11:21
Stock up
Apollo Micro Systems Q2 results live: Shares jump
Apollo Micro Systems traded 8% higher at Rs 406.90 on the NSE after hitting a high of Rs 410.50 from Rs 374.75 previous close.
It posted standalone net profit for the quarter ended September 2026 at Rs 47.73 crore as against Rs 33.04 crore in Q2FY26.
- October 26, 2026 11:13
Stock up
IndusInd Bank Q2 results live: Shares in focus
IndusInd Bank shares were up 1% at Rs 843.15 on the NSE at 11.11 am after rising to Rs 854.65 from Rs 835 previous close.
On Friday, the bank posted a standalone net profit of ₹1176 crore in Q2FY27.
- October 26, 2026 11:00
Stock down
Infosys Q2 results live: Shares fall
Infosys shares fall 4% after FY27 revenue growth guidance cut
Infosys cuts FY27 revenue growth guidance to 1-2%, sparking a 4% stock drop amid weak demand and muted growth outlook.
- October 26, 2026 10:20
Finance
Shriram Finance Q2 results live: Shares fall as credit costs weigh | Brokerages view below:
JPM on Shriram Fin
- OW, TP cut to Rs 1095 from Rs 1215
- Reported a mixed 2Q.
- While operating metrics came in better vs. JPMe (NII +3% vs. JPMe, PPOP +7% vs. JPMe), Asset Quality (AQ) trends disappointed with provisions up +28% q/q, credit costs at 235bps (+44bps q/q) and GS-2+3 at 11.69% (+9bps q/q).
- Management’s post earnings commentary confirmed that elevated credit costs could continue for at least another quarter or two (3Q and likely 4Q) before normalizing, indicating SHFL will miss its 2% credit cost guidance for FY27.
- SHFL highlighted this to be a temporary issue and attributed it to some agri-stress due to deficient rains (El Niño) in certain geographies, worsened by seasonality (2Q is seasonally weak), and affirmed that the deterioration was not broad-based and limited to select products.
CITI on Shriram Fin
- Buy, TP cut to Rs 1100 from Rs1200
- Q2 in-line, with sharper-than-expected NIM expansion (9.52% vs. 9.04% QoQ)—driven by accretive deployment of excess liquidity—counterbalanced by elevated credit costs (2.3% vs. 1.9% QoQ)
- While GS3/GS2 held steady at 4.65%/7.04% (vs. 4.64%/6.96% QoQ), improved coverage at 51.5%/7.04% (vs. 51%/6.96%) and higher write-offs drove credit cost higher.
- AUM growth was robust at 17% YoY/4.9% QoQ, anchored by Gold (+68% YoY), PV (+20% YoY), CV (+19% YoY), and MSME rebound (14% vs. 8% in Q1).
- With drought conditions in select regions and crude price headwind weighing on outlook, management flagged elevated credit costs for next 2–3 quarters and conservatively guided FY27 AUM growth at 15–17%, despite 9% YTD growth
- Equity buffer should keep NIMs elevated near-term, before normalizing.
HSBC on Shriram Finance
- Recommendation: Buy, Target: ₹1000 (Earlier Target: ₹1140)
- Emerging risks likely to weigh on stock performance
- Q2 PAT impacted by higher credit costs amidst rising stage 2 and stage 3 assets across several segments
- Improving NIM and operational efficiencies should be partly offset by high credit costs
- Increase FY27-29e EPS estimates 2.8-6.5%
- Asset quality stress building up, growth targets curtailed
MOSL on Shriram Fin
- Buy, TP Rs 1155
- 2QFY27 PAT rose 60% YoY to Rs 36.8b (in line).
- NII in 2QFY27 grew 40% YoY to INR84.1b (in line)
- Other income grew ~15% YoY to INR4.2b (8% lower than our est.)
- Opex grew ~4% YoY to INR20.2b (~9% lower than MOFSLe)
- Cost-to- income ratio dipped ~290bp QoQ to ~22.9% (PQ: 25.9%/PY: 30.5%).
- SHFL expects its C/I ratio to remain at 25% and Opex/AUM at 2.5% over medium to long term
- Management moderated its FY27 AUM growth guidance to 15-17% from 18% earlier, factoring in weak monsoons and uncertainty arising from West Asia conflict.
- October 26, 2026 10:19
Info tech
Coforge Q2 results live: Brokerages view
Jefferies on Coforge
- Buy, TP Rs 2230
- Q2 revenues missed, while margins beat estimates.
- A 7% QoQ growth in executable order book, strong deal pipeline, and significantly improved margin outlook position Coforge well to deliver 14%/26% CAGRs in organic cc revenues/EPS. Strong earnings delivery can sustain stock outperformance even after its 56% rally over past six months
- Raise EPS estimates by 3-5%
CITI on Coforge
- Sell, TP Rs 1750
- Reported lower than expected growth at +10.9% qoq cc (Citi: +12.3%).
- EBIT margin of 16% (in line with Citi).
- Forward looking indicators –
- (a) Organic headcount ~9% yoy;
- (b) TTM order inflow - $2.9b; executable order book +45.4% yoy (bumped up by Encora significantly);
- (c) Management comments – FY27 margin guidance raised to 16% (vs 15.5%) with 4Q exit at 17%; industry leader in revenue growth
- Organic executable orderbook growth yoy & cash conversion (OCF/EBITDA) trends need to be monitored
UBS on Coforge
- Buy, TP Rs 2460
- Q2 broadly in line with on growth while margins were slightly better.
- Co reported consolidated revenue growth of 10.9% QoQ cc vs UBSe of 11.4%, while organic growth came in at 3.8% QoQ cc (implying broadly flat Encora revenues).
- EBIT margin came in at 16%, vs UBSe of 15.9%
- Reported net income of Rs6.3bn was 8% below UBSe of Rs6.8bn, despite the margin beat, with other income (net) and exceptional items (integration costs) weighing on reported earnings
- October 26, 2026 10:17
Stock down
Shriram Finance Q2 results live: Shares fall over 6%
Shriram Finance shares traded at Rs 831.90 on the NSE at 10.12 am, down 4%, after hitting a low of Rs 810.20 from Rs 865 previous close.
The company reported a 59 per cent increase in consolidated net profit to Rs 3,684 crore in Q2FY27.
- October 26, 2026 10:11
Stock up
Kotak Mahindra Q2 results live: Shares gain over 3% on Monday
Kotak Mahindra Bank shares lead Nifty 50 gainers after Q2 results, brokerages lift targets
Kotak Mahindra Bank jumps on strong Q2 profit as brokerages lift targets, signaling solid growth and improving margins.
- October 26, 2026 09:26
Stock down
Infosys Q2 results live: Shares in focus
Infosys shares declined to Rs 1,107 on the NSE; Net profit rose 6.2 per cent y-o-y.
- October 26, 2026 09:20
Stock market
Stock market live, Q2 results live: Sensex, Nifty 50 in red
Sensex fell 414.35 pts or 0.57% to 72,709.48 at 9.17 am after opening at 72,990.04 from 73,123.83 previous close. Nifty 50 depreciated by 147.30 pts or 0.65% to 22,452.70.
- October 26, 2026 09:16
Quarterly results
INFOSYS Q2 results live:
INFY 2QFY27 Results First take: Miss in revenue; Guidance cut again; Strong deals
Rev grew 1.2% QoQ CC, v/s est of 1.4% QoQ CC. Organically rev was grew 0.7% QoQ (In this also 50bps was one time reversal). On a YoY basis revenue grew 1.5% YoY CC.
Hi Tech dipped sharply by 10.6%, while retail dipped 9% QoQ. FS grew 1.6% QoQ, Energy/Life Sciences grew sharply by 7.3%/6.3% QoQ
FY27 revenue growth guidance cut to 1%-2% from 1.5-3.0% incl acquisitions. Excl acquisition guidance for FY27 would be -0.7 to +0.3%. Our est was 50bps cut on top end. On the upper end CQGR implied is 0.3%
Operating margin guidance maintained at 20-22%
Adj. EBIT margins at 21.0% (-10 bps QoQ), in-line.
- October 26, 2026 09:15
Quarterly results
Q2 RESULTS LIVE: EARNINGS TODAY
EARNINGS (net income adj. ests. in INR where available):
* APL Apollo Tubes Ltd. (APAT IN) 2Q 3.58b (16 analysts)
* Aavas Financiers Ltd. (AAVAS IN) 2Q 1.82b (16)
* Aditya Birla Real Estate Ltd. (ABREL IN) 2Q 530m loss (3)
* Aegis Logistics Ltd. (AEGISLOG IN) 2Q 3.16b (5)
* Aegis Vopak Terminals Ltd. (AEGISVOP IN) 2Q 902m (3)
* Ather Energy Ltd. (ATHERENE IN) 2Q 651m loss (8)
* Bank of Maharashtra (BOMH IN) 2Q 20.7b (3)
* DCM Shriram Ltd. (DCMS IN) 2Q
* Dalmia Bharat Ltd. (DALBHARA IN) 2Q 1.03b (23)
* Dhanlaxmi Bank Ltd. (DHLBK IN) 2Q
* Eris Lifesciences Ltd. (ERIS IN) 2Q 1.45b (6)
* Five-Star Business Finance Ltd. (FIVESTAR IN) 2Q 2.85b (10)
* ITC Hotels Ltd. (ITCHOTEL IN) 2Q 1.84b (8)
* Indian Overseas Bank (IOB IN) 2Q
* JBM Auto Ltd. (JBMA IN) 2Q. (NAZARA IN) 2Q
* Kfin Technologies Ltd. (KFINTECH IN) 2Q 980m (13)
* Mankind Pharma Ltd. (MANKIND IN) 2Q 6.15b (12)
* Nazara Technologies Ltd. (NAZARA IN) 2Q 287m (4)
* One 97 Communications Ltd. (PAYTM IN) 2Q 2.58b (13)
* REC Ltd. (RECL IN) 2Q 35.1b (8)
* Sona Blw Precision Forgings Ltd. (SONACOMS IN) 2Q 1.96b (15)
* Sumitomo Chemical India Ltd. (SUMICHEM IN) 2Q 1.63b (4)
* Supreme Industries Ltd. (SI IN) 2Q 2.63b (17)
* Tamilnad Mercantile Bank Ltd. (TMB IN) 2Q
* Tata Consumer Products Ltd. (TATACONS IN) 2Q 4.69b (14)
- October 26, 2026 09:14
Quarterly results
Q2 results live:
EQUITY PREVIEW:
Adani Power (ADANI): 2Q Net Income 69.19B Rupees Vs. 29.5B Rupees Y/y
AU Small Finance (AUBANK): 2Q Net Income +53% Y/y to INR8.58b, Misses Estimates (1)
Bank of India (BOI): 2Q Net Income 32.02B Rupees Vs. 25.5B Y/y (2)
Bharat Petroleum Corp. (BPCL): 2Q Net Income -23% Y/y to INR49.9b, Beats Estimates
Seeks ~270k Tons of LPG by the Year-End: LPG TENDER
Castrol India (CSTRL): 3Q Net Income -23% Y/y to INR1.76b, Misses Estimates
CG Power (CGPOWER): 2Q Net Income +44% Y/y to INR4.12b, Beats Estimates (1)
Coforge (COFORGE): 2Q Net Income INR7.61b vs. INR3.76b, Beats Estimates (1)
CSB Bank (CSBBANK): 2Q Net Income 1.83B Rupees Vs. 1.6B Y/y (1)
DCB Bank (DCBB): 2Q Net Income +28% y/y to INR2.36b, Beats Estimates
GAIL India (GAIL): Seeks Oct. 29-Nov. 15 Delivery Cargo: LNG TENDER
IDFC First Bank (IDFCFB): 2Q Net Income INR10.4b vs. INR3.52b Y/y, Beats Estimates (1)
Infosys (INFO): Cuts FY Revenue Forecast; 2Q Profit +6.3% Y/y to 78.2b, Misses Est. (2)
IndusInd Bank (IIB): 2Q Net Income INR11.8b vs. loss 4.45b Y/y, Beats Estimates
Jindal Steel (JINDALST): 2Q Net Income +21% Y/y to INR7.74b, Beats Estimates
JK Cement (JKCE): 2Q Net Income Beats Estimates
JSW Steel (JSTL): 2Q Net Income INR52.8b vs. INR16.2b Y/y, Beats Estimates (2)
Kajaria Ceramics (KJC): 2Q Net Income +43% Y/y to INR1.9b, Beats Estimates
Kotak Mahindra Bank (KMB): 2Q Net Income +30% Y/y to INR42.1b, Beats Estimates (1)
Lupin (LPC): Says U.S. FDA inspection at Goa facility concluded with one observation
Mahindra Logistics (MAHLOG): 2Q Net Income INR262.5m vs. Loss 103.5m, Beats Estimates
Oracle Financial (OFSS): 2Q Net Income 7.02B Rupees Vs. 5.46B Rupees Y/y
Paradeep Phosphates (PARADEEP): Signs accord with Odisha govt to invest INR47.5b in chemical facility
Patanjali Foods (PATANJAL): Says FDA order to recall a batch of cow ghee, no material impact on financial or operational activities
SBI Cards (SBICARD): 2Q Net Income +75% Y/y to INR7.78b, Beats Estimates
SBI Funds (SBIFUNDS): 2Q Net Income 7.01B Rupees Vs. 7.46B Y/y
Shree Cement (SRCM): 2Q Net Income -26% Y/y to INR2.05b, Misses Estimates (1)
Shriram Finance (SHFL): 2Q Net Income +59% Y/y to INR36.77b, Beats Estimates
Tata Motors (TMCV): Tata Motors 2Q Net Income 12.6B Rupees vs. loss 8.67b Y/y (1)
Torrent Pharma (TRP): 2Q Net Income 5.34B Rupees, Revenue 49.79b
UTI Asset Management (UTIAM): 2Q Net Income +17% Y/y to INR1.32b, Misses Estimates
Yes Bank (YES): Gets queries from bondholders on 9% YBL AT-1 Bonds, had a coupon payment date Oct. 18
Published on October 26, 2026
English (US) ·