Q1 Results Live Updates: Dixon Tech Profit Triples, Revenue Rises Over 21%

Kirloskar Brothers Q1 Results - Cons, YoY

• Net profit down 0.1% at Rs 66.6 crore vs Rs 66.7 crore YoY
• Revenue up 12.8% at Rs 1,104 crore vs Rs 979 crore YoY
• EBITDA up 2.2% at Rs 114.5 crore vs Rs 112 crore YoY
• EBITDA margin at 10.4% vs 11.4% YoY

Sun Pharma Q1 Results - Cons, YoY

• Net profit up 27% at Rs 2,895 crore vs Rs 2,279 crore YoY
• Revenue up 10.5% at Rs 15,300 crore vs Rs 13,851 crore YoY
• EBITDA up 2.7% at Rs 4,419 crore vs Rs 4,301 crore YoY
• EBITDA margin at 28.9% vs 31.1% YoY
• Q1 saw a one-time loss of Rs 204 crore
• Other income at Rs 724 crore vs Rs 464 crore YoY

Segment Performance

• India formulation sales up 16% at Rs 5,475 crore YoY
• EM formulation business up 4.2% at $311 million YoY
• Rest of the World business stands at $218 million
• API formulations business up 10.5% at Rs 597 crore YoY

Sun Pharma Q1 Results 

• Net profit at Rs 2,895 crore vs estimate of Rs 2,974 crore
• Revenue at Rs 15,300 crore vs estimate of Rs 15,527 crore
• EBITDA at Rs 4,419 crore vs estimate of Rs 4,372 crore
• EBITDA margin at 28.9% vs estimate of 28.2%

SJVN Q1 Results - Cons, YoY

• Net profit down 1.2% at Rs 225 crore vs Rs 228 crore YoY
• Revenue up 52% at Rs 1,394 crore vs Rs 917 crore YoY
• EBITDA up 19.1% at Rs 884 crore vs Rs 742 crore YoY
• EBITDA margin at 63.4% vs 80.9% YoY

Shree Cement Q1 Results - Cons, YoY

• Net profit down 17.7% at Rs 529 crore vs Rs 643 crore YoY
• Revenue up 18% at Rs 6,233 crore vs Rs 5,281 crore YoY
• EBITDA down 4.5% at Rs 1,272 crore vs Rs 1,333 crore YoY
• EBITDA margin at 20.4% vs 25.2% YoY

Kajaria Ceramics Q1 Results - Cons, YoY

• Net profit up 55% at Rs 169 crore vs Rs 109 crore YoY
• Revenue up 20.4% at Rs 1,328 crore vs Rs 1,103 crore YoY
• EBITDA up 39% at Rs 260 crore vs Rs 187 crore YoY
• EBITDA margin at 19.6% vs 17% YoY

Aditya Birla Capital Q1 Results - Cons, YoY

• Net profit up 40.1% at Rs 1,175 crore vs Rs 839 crore YoY
• Total income up 27.9% at Rs 12,187 crore vs Rs 9,531 crore YoY

GAIL (India) Q1 Results - QoQ

• Net profit at Rs 4,292 crore vs Rs 1,262 crore QoQ
• Revenue up 12% at Rs 38,953 crore vs Rs 34,773 crore QoQ
• EBITDA at Rs 6,348 crore vs Rs 1,129 crore QoQ
• EBITDA margin at 16.3% vs 3.2% QoQ

Century Plyboards (India) Q1 Results - Cons, YoY

• Net profit up 54.7% at Rs 80.3 crore vs Rs 51.9 crore YoY
• Revenue up 33.5% at Rs 1,561 crore vs Rs 1,169 crore YoY
• EBITDA up 54.7% at Rs 198 crore vs Rs 128 crore YoY
• EBITDA margin at 12.7% vs 10.9% YoY

Sanghvi Movers Q1 Results - Cons, YoY

• Net profit up 29.9% at Rs 65.3 crore vs Rs 50.3 crore YoY
• Revenue up 38.9% at Rs 380 crore vs Rs 273 crore YoY
• EBITDA up 26% at Rs 125 crore vs Rs 99.5 crore YoY
• EBITDA margin at 33% vs 36.4% YoY

Leela Palaces Q1 Results - Cons, YoY

• Net profit at Rs 49 crore vs Rs 8.8 crore YoY
• Revenue up 28% at Rs 352 crore vs Rs 275 crore YoY
• EBITDA up 41.6% at Rs 143 crore vs Rs 101 crore YoY
• EBITDA margin at 40.6% vs 36.7% YoY

Zuari Agro Chemicals Q1 Results - Cons, YoY

• Net profit up 19.2% at Rs 118 crore vs Rs 99 crore YoY
• Revenue down 50.7% at Rs 615 crore vs Rs 1,246 crore YoY
• EBITDA down 57.9% at Rs 59 crore vs Rs 140 crore YoY
• EBITDA margin at 9.6% vs 11.2% YoY

Voltamp Transformers Q1 Results - YoY

• Net profit up 14.7% at Rs 91 crore vs Rs 79.5 crore YoY
• Revenue up 28.4% at Rs 544 crore vs Rs 424 crore YoY
• EBITDA up 10.6% at Rs 80.3 crore vs Rs 72.6 crore YoY
• EBITDA margin at 14.7% vs 17.1% YoY
• Approves Rs 90 crore capex for a manufacturing unit near Vadodara

Taj GVK Hotels & Resorts Q1 Results - Cons, YoY

• Net profit up 51.7% at Rs 31.7 crore vs Rs 20.9 crore YoY
• Revenue up 55.1% at Rs 165 crore vs Rs 106 crore YoY
• EBITDA up 56.3% at Rs 50 crore vs Rs 32 crore YoY
• EBITDA margin at 30.3% vs 30.1% YoY

GMDC Q1 Results - Cons, QoQ

• Net profit down 15.8% at Rs 163 crore vs Rs 194 crore QoQ
• Revenue up 11.4% at Rs 907 crore vs Rs 814 crore QoQ
• EBITDA up 83.3% at Rs 191 crore vs Rs 104 crore QoQ
• EBITDA margin at 21.1% vs 12.8% QoQ
• To execute MoU with GMFC for coal-to-chemicals business
• Signs MoU with IREL to explore rare-earth opportunities

Strides Pharma Science Q1 Results - Cons, YoY

• Net profit up 57% at Rs 157 crore vs Rs 100 crore YoY
• Revenue up 13% at Rs 1,265 crore vs Rs 1,120 crore YoY
• EBITDA up 4.6% at Rs 228 crore vs Rs 218 crore YoY
• EBITDA margin at 18% vs 19.5% YoY

ESAF Small Finance Bank Q1 Results - YoY

• Net profit at Rs 80.1 crore vs loss of Rs 81.2 crore YoY
• Net interest income up 54.6% at Rs 584 crore vs Rs 378 crore YoY
• Operating profit at Rs 349 crore vs Rs 125 crore YoY
• Provisions at Rs 242 crore vs Rs 234 crore YoY; Rs 214 crore QoQ
• Gross NPA at 5.4% vs 5.41% QoQ
• Net NPA at 0.83% vs 1.77% QoQ

Aptus Value Housing Finance Q1 Results - YoY

• Net profit up 24.6% at Rs 193 crore vs Rs 155 crore YoY
• Total income up 17% at Rs 428 crore vs Rs 366 crore YoY

Intellect Design Arena Q1 Results - Cons, QoQ

• Net profit down 15% at Rs 102 crore vs Rs 120 crore QoQ
• Revenue down 0.2% at Rs 845 crore vs Rs 847 crore QoQ
• EBIT down 12.8% at Rs 109 crore vs Rs 125 crore QoQ
• EBIT margin at 12.8% vs 14.7% QoQ

Shadowfax Q1 Results - Cons, QoQ

• Net profit up 17.2% at Rs 65.4 crore vs Rs 55.8 crore QoQ
• Revenue up 9.8% at Rs 1,358 crore vs Rs 1,237 crore QoQ
• EBITDA up 8.2% at Rs 92 crore vs Rs 85 crore QoQ
• EBITDA margin at 6.8% vs 6.9% QoQ

Aether Industries Q1 Results - Cons, YoY

• Net profit up 34% at Rs 63 crore vs Rs 47 crore YoY
• Revenue up 27.2% at Rs 327 crore vs Rs 257 crore YoY
• EBITDA up 25.6% at Rs 103 crore vs Rs 82 crore YoY
• EBITDA margin at 31.5% vs 31.9% YoY
• Re-appoints Ashwin Desai as Managing Director for a further five years with effect from Oct. 1

Bajaj Finserv Q1 Results - Cons, YoY

• Net profit up 12.3% at Rs 3,132 crore vs Rs 2,789 crore YoY
• Total income up 19.1% at Rs 42,037 crore vs Rs 35,300 crore YoY
• Assets under management (AUM) stands at Rs 33,027 crore as of June 30
• Approves raising up to Rs 55,000 crore via non-convertible debentures (NCDs)

Niva Bupa CEO Vishwanath Mahendra told NDTV Profit that the company delivered strong growth in both its topline and retail health insurance business during the June quarter, aided by the GST exemption, which acted as a key tailwind.

He said the insurer is expanding its distribution network by adding 1,000 fresh distribution partners, while its combined insurance service ratio improved during the quarter and loss ratios are expected to improve further.

Mahendra said renewal rates have increased following the GST exemption, though the lower GST base will begin to reflect in the third quarter.

He added that the GST changes have brought structural shifts to the business, while loss ratios in the retail health insurance segment remain benign. Niva Bupa expects to grow 8–10 percentage points faster than the industry, he said.

Mahindra & Mahindra Group CEO and MD Anish Shah told NDTV Profit that the company delivered a profitable first quarter despite a challenging operating environment, reflecting the resilience of its business. 

Shah said labour shortages affected SUV production during the June quarter but expressed confidence that production of both internal combustion engine (ICE) vehicles and electric vehicles (EVs) will ramp up going forward.

He added that government support has helped the transition from ICE to EVs, while incentives for EVs are expected to decline as scale improves. Shah expects EV adoption to accelerate further with the expansion of charging infrastructure.

Thermax MD and CEO Ashish Bhandari told NDTV Profit that the June quarter was a challenging one, with the company taking a hit from higher project completion costs driven by engineering design changes and an inability to ship equipment worth Rs 300 crore to the Middle East. 

Bhandari said projects with lower profitability should largely be behind the company and that it has taken sufficient contingencies for select orders, adding that no further project cost overruns are expected.

He expects issues in the Bio-CNG business to be resolved this year, while order approvals delayed in Tamil Nadu due to a change in government are likely within a week.

Looking ahead, Bhandari said the company expects a significant improvement from the second quarter, with both profitability and revenue set to improve. He added that the order pipeline remains healthy, the order backlog has a strong international mix, and Thermax expects FY27 order inflows to exceed the previous year.

Hello and welcome to NDTV Profit’s live coverage of the Q1FY27 earnings season. This is Yukta, and I'll take you through one of the busiest days of the season. Over 100 companies report results today, including ITC, Maruti Suzuki India, Sun Pharma, Bajaj Finserv and Indian Oil Corporation.

We'll be tracking results and management commentary across sectors through the day, from consumer goods and autos to banking, pharma, energy and metals.

Stay with us as the numbers come in.

Key companies to watch include ITC, Dixon Technologies (India), Century Plyboards (India), Aditya Vision, Maruti Suzuki India, LG Balakrishnan & Bros, Bajaj Finserv, Aditya Birla Capital, Bajaj Holdings & Investment, Aadhar Housing Finance, Aptus Value Housing Finance India, ESAF Small Finance Bank, Sun Pharmaceutical Industries, Glenmark Pharmaceuticals, Strides Pharma Science, Concord Biotech, Narayana Hrudayalaya, Jupiter Life Line Hospitals, Indian Oil Corporation, GAIL (India), SJVN, Gujarat Mineral Development Corporation, ABB India, National Aluminium Company (NALCO), Shree Cement, Kirloskar Brothers, Voltamp Transformers, Blue Dart Express, Taj GVK Hotels & Resorts, Leela Palaces Hotels & Resorts, Shadowfax Technologies, and Urban Company.