Corporate

Varun Beverages expects gross margin pressure to ease as higher packaging costs are now reflected in its September-quarter results. Management sees scope for further improvement through changes to product pricing and pack sizes, although the outlook will depend on input costs and the pace of implementation.

Revenue from operations, also known as topline, increased 17.8% QoQ to Rs 45,895 crore in the September quarter of FY27, from Rs 38,953 crore in the June quarter of FY26.

Cyient's engineering business is showing margin improvement, while its semiconductor and electronics manufacturing operations build their growth pipelines. But converting orders into revenue, restoring DLM margins and achieving semiconductor breakeven remain key tests.

PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.

The sharp correction comes despite Equitas SFB reporting a strong set of Q2 FY27 results, with net profit surging more than ninefold year-on-year to Rs 218 crore.

Godrej Consumer Products reported 8% consolidated volume growth, led by home care and international markets. Brokerages flagged gross margin pressure from rising input costs, with Jefferies cutting its target price and HSBC highlighting concerns around India profitability.

Indian IT has been among the biggest casualties of foreign portfolio investor selling since October 2024, with the sector witnessing net outflows of around $10 billion, according to Jefferies.

Asian Paints, Trent, Coal India, Godrej Consumer Products, InterGlobe Aviation, Ambuja Cements, Apar Industries, Blue Star, Laurus Labs, Suzlon Energy and Welspun Corp are among the 140 companies announced their Q2 FY27 results today, October 29.

NCLT approval for One8's merger with Agilitas Sports lifts Virat Kohli's stake to 6.4%. The company targets Rs 3,000 crore in revenue over the next four to six years.

NBCC is scheduled to consider and approve its September quarter of financial year 2027 (Q2 FY27) results on November 5, 2026. It may also consider declaring second interim dividend.

For Indian stock market investors, the bigger question is whether the Fed's pause can support global risk appetite or whether the prospect of higher US interest rates will keep foreign fund flows under pressure.

TVS Motor's operating performance was supported by a broad-based increase in volumes. Total two- and three-wheeler sales rose 27% year-on-year to around 1.9 million units, while EBITDA increased to Rs 2,219 crore from Rs 1,507 crore in the year-ago quarter.