Q1 Results Live Updates: RIL Profit Grows 23%, As Margin Improves; Tata Tech Profit Declines 11%
Track Q1 FY27 earnings live as Reliance Industries, JSW Steel, Tata Technologies, Federal Bank, Havells India, RBL Bank, Central Bank of India, Oberoi Realty and other companies announce revenue, profit, guidance and stock reaction.
Q1 Results Live Updates: The June-quarter earnings season gathers momentum on Friday, with Reliance Industries (RIL), JSW Steel, Federal Bank, Tata Technologies, Havells India, Poonawalla Fincorp and Oberoi Realty among the key companies set to announce their Q1 FY27 results. Investors will closely track revenue, profit, margins and management commentary for cues on demand, consumption, lending trends, steel realisations, engineering spending and the broader outlook for corporate India.
Follow NDTV Profit's Q1 Results Live Updates for the latest earnings announcements, key financial highlights, management commentary, analyst reactions, conference call takeaways and stock price moves as the June-quarter results season unfolds in real time.
Stay tuned for all back-to-back live updates of Q4 Results and company announcements.
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Q1 Results Live: RIL Segmental Growth Led By O2C
Reliance Industries Segment Highlights (QoQ)
- O2C revenue up 9% to Rs 2,01,803 crore; Ebitda up 17% to Rs 17,010 crore; margin up 58 basis points to 8.43%
- Oil & Gas revenue up 7% to Rs 6,298 crore; Ebitda up 19% to Rs 4,973 crore; margin up 746 basis points to 78.96%
- Retail revenue down 8% to Rs 90,409 crore; Ebitda down 9% to Rs 6,309 crore; margin down 5 basis points to 6.98%
- Digital revenue up 2% to Rs 46,900 crore; Ebitda up 6% to Rs 21,255 crore; margin up 170 basis points to 45.32%
- Others revenue up 12% to Rs 31,204 crore; Ebitda down 32% to Rs 1,856 crore; margin down 387 basis points to 5.95%
Q1 Results Live: RIL Profit, Revenue Rise Even As Margin Stays Flat
Reliance Industries Q1FY27 (Cons, QoQ)
- Net profit up 23% to Rs 20,946 crore from Rs 17,445 crore
- Revenue up 5% to Rs 3,09,468 crore from Rs 2,94,059 crore
- Ebitda up 8% to Rs 47,517 crore from Rs 43,965 crore
- Margin up 40 basis points to 15.4% from 15.0%
Q1 Results Live: Turtlemint Fintech Swings To Profit
Turtlemint Fintech Q4FY26 (Cons, QoQ)
- Net profit at Rs 3.1 crore versus a loss of Rs 62.2 crore
- Revenue up 28.6% to Rs 357 crore from Rs 278 crore
- Ebitda loss at Rs 4 crore versus a loss of Rs 38.6 crore
Q1 Results Live: RBL Forecasts NIM Improvement
During the post earnings conference call, RBL Bank's CEO R. Subramaniakumar forecasted NIM to improve 4.80%-4.90% by FY27 end.
He further said that the bank is working to mobilise as many FCNR(B) deposits as possible and has already raised $150 million through such deposits. The CEO added that it will focus on acquiring ENBD and NRI customers to further grow its FCNR(B) deposit base.
Management said the ENBD transaction has significantly expanded the bank's opportunity to grow across geographies. It also plans to offer a broader range of products while replacing high-cost borrowings with lower-cost funding. As part of this strategy, the bank has already retired Rs 10,500 crore of high-cost borrowings.
Read full story here.
Q1 Results Live: Tata Tech Profit Slides Even As Revenue Rises
Tata Technologies Q1FY27 (Cons, QoQ)
- Net profit down 11% to Rs 181 crore from Rs 204 crore
- Revenue up 5.9% to Rs 1,665 crore from Rs 1,572 crore
- Ebit up 7.5% to Rs 221 crore from Rs 205 crore
- Margin up 19 basis points to 13.25% from 13.06%
Q1 Results Live: RBL Bank Net Profit Jumps; Asset Quality Improves
RBL Bank Q1FY27 (YoY)
- Net profit up 26.6% to Rs 254 crore from Rs 200 crore
- Net interest income up 12% to Rs 1,654 crore from Rs 1,481 crore
- Operating profit up 31.3% to Rs 923 crore from Rs 703 crore
- Provisions at Rs 599 crore versus Rs 442 crore
Asset Quality (QoQ)
- Gross NPA at 1.30% versus 1.45%
- Net NPA at 0.37% versus 0.39%
- Provisions at Rs 599 crore versus Rs 678 crore
Other Updates
- Board approves raising up to Rs 10,000 crore through debt
- Board approves increasing borrowing limits to up to Rs 40,000 crore
Q1 Results Live: Poonawalla Fincorp's Net Profit Soars Fivefold
Poonawalla Fincorp Q1FY27 (Cons, YoY)
- Net profit at Rs 308 crore versus Rs 62.6 crore
- Total income up 77.8% to Rs 2,337 crore from Rs 1,314 crore
Q1 Results Live: Jayaswal Neco Profit Doubles
Jayaswal Neco Q1FY27 (YoY)
- Net profit at Rs 194 crore versus Rs 93 crore
- Revenue up 27.7% to Rs 2,107 crore from Rs 1,649 crore
- Ebitda up 25.7% to Rs 396 crore from Rs 315 crore
- Margin down 30 basis points to 18.8% from 19.1%
Q1 Results Live: Oberoi Realty Profit Surges 29%
Oberoi Realty Q1 Result Highlights (Cons, YoY)
- Net Profit rises 29% at Rs 544 crore versus Rs 421 crore.
- Revenue rises 31.7% at Rs 1,301 crore versus Rs 988 crore.
- Ebitda rises 41.1% At `734 crore versus Rs 520 crore.
- Margin at 56.4% versus 52.7%.
Q1 Results Live: Navkar Corp Net Profit Soars
Navkar Corp Q1 Results - YoY
- Net profit at Rs 12.3 crore vs Rs 2.4 crore YoY
- Revenue up 38% at Rs 190.7 crore vs Rs 138.5 crore
- EBITDA up 61% at Rs 33 crore vs Rs 20.5 crore
- EBITDA margin at 17.3% vs 14.8%
Q1 Results Live: JSW Steel Net Profit Falls 71.6%
JSW Steel Q1 Results - Cons, QoQ
- Net profit down 71.6% at Rs 4,651 crore vs Rs 16,370 crore
- Revenue down 7.5% at Rs 47,364 crore vs Rs 51,180 crore
- EBITDA up 8.7% at Rs 9,383 crore vs Rs 8,634 crore
- EBITDA margin at 19.8% vs 16.9%
- Other income at Rs 724 crore vs Rs 341 crore
- Note: Q4 FY26 included a one-time gain of Rs 17,888 crore.
Q1 Results Live: JSW Steel Beats Estimates
JSW Steel Q1 Results vs Estimates
- Net profit at Rs 4,651 crore vs estimate of Rs 3,070 crore
- Revenue at Rs 47,364 crore vs estimate of Rs 45,100 crore
- EBITDA at Rs 9,383 crore vs estimate of Rs 8,322 crore
- EBITDA margin at 19.8% vs estimate of 18.5%
Q1 Results Live: Globus Spirits Trade Volatile After Q1
Q1 Results Live: Globus Spirits Net Profit Soars 49%
Globus Spirits Q1 Results - Cons, YoY
- Net profit up 49% at Rs 26.6 crore vs Rs 17.8 crore
- Revenue up 21% at Rs 789 crore vs Rs 700 crore
- EBITDA up 34.3% at Rs 77.6 crore vs Rs 57.8 crore
- EBITDA margin at 9.8% vs 8.3%
Q1 Results Live: Havells India Profit Falls 17%, Margin Contracts
Havells Q1 Results - Cons, YoY
- Net profit down 16.7% at Rs 290 crore vs Rs 348 crore
- Revenue up 19.5% at Rs 6,518 crore vs Rs 5,455 crore
- EBITDA down 9.5% at Rs 467 crore vs Rs 515 crore
- EBITDA margin at 7.2% vs 9.4%
Q1 Results Live: Federal Bank Shares Jump On Q1 Beat
Q1 Results Live: Federal Bank Q1 Results vs Estimates
- Net profit at Rs 1,177 crore vs estimate of Rs 1,186 crore
- NII at Rs 2,946 crore vs estimate of Rs 2,851 crore
- Operating profit at Rs 1,897 crore vs estimate of Rs 1,961 crore
- Gross NPA at 1.52% vs estimate of 1.64%
- Net NPA at 0.18% vs estimate of 0.61%
Q1 Results Live: Federal Bank Net Profit Rises 36.6%
Federal Bank Q1 Results - YoY
- Net profit up 36.6% at Rs 1,177 crore vs Rs 862 crore
- NII up 26.1% at Rs 2,946 crore vs Rs 2,337 crore
- Provisions at Rs 317 crore vs Rs 400 crore
- Tax expense at Rs 402.7 crore vs Rs 294.4 crore
Asset Quality - QoQ
- Gross NPA at 1.52% vs 1.62%
- Net NPA at 0.18% vs 0.20%
- Provisions at Rs 317 crore vs Rs 741 crore
Q1 Results Live: Central Bank of India Shares See Sharp Fall
Q1 Results Live: Central Bank of India Net Profit Rises 13.3%
Central Bank of India Q1 Results - YoY
- Net profit up 13.3% at Rs 1,324 crore vs Rs 1,169 crore
- NII up 16% at Rs 3,914 crore vs Rs 3,383 crore
- Operating profit down 5.1% at Rs 2,186 crore vs Rs 2,304 crore
- Provisions at Rs 401.6 crore vs Rs 521.1 crore
Asset Quality - QoQ
- Gross NPA at 2.60% vs 2.67%
- Net NPA unchanged at 0.49%
- Provisions at Rs 401.6 crore vs Rs 504.3 crore
Q1 Results Live: RIL Promoters Raise Stake To 50% Through Creeping Acquisition
Reliance Industries' promoter group increased its stake in the company to 50% as of the June quarter, up from 49.52% in the preceding quarter, through a creeping acquisition.
The promoters purchased shares worth around Rs 9,000 crore during the quarter, taking their holding to the 50% mark.
Q1 Results Live: WeWork Share Price Tanks 10% Despite Healthy Q1 Results; Check Why
Q1 Results Live: A Tale Of Two IT Companies (Who Reported Their Results Yesterday)
Q1 Results Live: Tata Tech Shares Dip Near 2% Ahead Of Q1
ICICI Bank Q1 Preview: Strong Business Growth Expected; NIM Seen Stable
ICICI Bank is expected to report strong business growth for the June quarter, supported by healthy loan and deposit expansion. Fee income is likely to remain steady, while treasury gains may moderate compared with the previous quarter. Net interest margin (NIM) is expected to remain broadly stable.
On the asset quality front, agricultural NPAs may see a seasonal uptick, though overall credit quality is expected to remain healthy. Investors will closely track management commentary on the NIM outlook and guidance on business growth, particularly the bank's strategy for personal loan growth.
HDFC Bank Q1 Preview: Credit, Deposit Growth Seen In Double Digits; NIM Stable
HDFC Bank is expected to report double-digit growth in both advances and deposits for the June quarter, while net interest margin (NIM) is likely to remain broadly stable at around 3.5%.
However, non-interest income is expected to decline sharply on a sequential basis after the bank booked one-time gains from the stake sale in HDB Financial Services in the previous quarter.
Asset quality is expected to remain stable. Investors will closely watch management commentary on FCNR(B) deposit mobilisation, the bank's NIM guidance amid the evolving interest rate environment, and updates on the re-appointment of the CEO.
Q1 Results Live: Axis Bank Q1 Preview
Axis Bank Q1 Preview - Bloomberg Estimates (Standalone, YoY)
- Net interest income seen 11.7% higher at Rs 15,146 crore versus Rs 13,559.75 crore
- Operating profit seen at Rs 11,515.16 crore
- Provisions seen 39.9% lower at Rs 2,374 crore versus Rs 3,947.6 crore
- Profit seen 21.8% higher at Rs 7,073.15 crore versus Rs 5,806.14 crore
- Net interest margin seen at 3.5% versus 3.8% a year earlier
- Gross NPA seen at 1.37% versus 1.23% (QoQ)
- Net NPA seen at 0.4% versus 0.37% (QoQ)
Q1 Results Live: Reliance Jio, Retail, New Energy Outlook In Focus
The Street will look for updates on Reliance's new energy business, Jio's tariff strategy ahead of its proposed IPO, growth in the JioFiber business, and the company's capital expenditure and debt plans, which are expected to remain key drivers of investor sentiment over the coming quarters.
The O2C business is expected to be the biggest contributor to earnings growth during the quarter. Ebitda from the segment is estimated to rise 11% sequentially to Rs 16,146 crore from Rs 14,520 crore.
Reliance Retail's performance is expected to remain under pressure. Ebitda from the retail business is estimated to decline 2% sequentially to Rs 6,784 crore from Rs 6,921 crore as margins continue to face pressure despite steady consumption trends.
Reliance Jio is expected to deliver another steady quarter, with average revenue per user (ARPU) estimated to improve to Rs 216 from Rs 214 in the previous quarter. Subscriber additions are also expected to remain healthy, with the customer base likely to increase to 53.3 crore from 52.4 crore.
Q1 Results Live: Firstly, RIL Q1 Preview
Reliance Industries Ltd. is expected to report a strong sequential improvement in earnings for the June quarter, led by a recovery in its oil-to-chemicals (O2C) business, while its retail and oil & gas segments are likely to remain subdued.
Investors will also closely watch management commentary on Jio's tariff strategy, the new energy business and capital expenditure plans ahead of the telecom giant's proposed IPO.
According to Bloomberg consensus estimates, Reliance Industries' consolidated revenue is expected to rise 2.4% quarter-on-quarter to Rs 3,01,024 crore from Rs 2,94,059 crore.
Ebitda is seen increasing 5% to Rs 46,367 crore from Rs 44,141 crore, while margin is expected to improve to 15.4% from 15%. Net profit is estimated to jump 20% sequentially to Rs 20,451 crore, compared with Rs 16,971 crore in the March quarter.
Q1 Results Live: Hello And Welcome
Hello and welcome to NDTV Profit’s live coverage of the Q1FY27 earnings season. This is Yukta, and I'll take you through all the earnings scheduled for the day.
On the list: Reliance Industries, JSW Steel, Federal Bank, Havells India, Oberoi Realty, Poonawalla Fincorp, Tata Technologies, Central Bank of India, RBL Bank, Jayaswal Neco Industries, Turtlemint Fintech Solutions, Tatva Chintan Pharma Chem, Globus Spirits, Navkar Corporation, Amal, Chembond Material Technologies, Pil Italica Lifestyle, Radhe Developers (India), Lakhotia Polyesters, Mantra Capital, Nam Securities, B2B Software Technologies, Vivimed Labs, TOYAM SPORTS, Lake Shore Realty, Nalin Lease Finance and Roselabs Finance.
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