India Inc's June-quarter earnings season gathers pace on Thursday, with Tech Mahindra, Wipro, Bharat Heavy Electricals (BHEL), Jio Financial Services, ITC Hotels, Polycab India, Piramal Finance and Ceat having announced their results.
Investors will closely track revenue, profit and margin performance for signs of demand trends across the IT, financial services, capital goods, hospitality, cables and tyres sectors. Management commentary on growth outlook, order books, deal wins, asset quality and margins will also remain in focus.
Follow NDTV Profit's Q1 Results Live Updates for the latest earnings announcements, key financial highlights, management commentary, stock price reaction, analyst views and all the biggest updates from the June-quarter earnings season as they happen.
Stay tuned to NDTV Profit for all back-to-back live updates of Q4 Results and company announcements.
Q1 Results Live: WeWork India Net Loss Narrows
WeWork India Q1FY27 (Cons, YoY)
- Net loss at Rs 4.3 crore versus a loss of Rs 14.1 crore
- Revenue up 27.7% to Rs 684 crore from Rs 535 crore
- Ebitda up 30.4% to Rs 438 crore from Rs 336 crore
- Margin up 130 basis points to 64% from 62.7%
Q1 Results Live: Ceat's Net Profit Dives Over 96%
Ceat Q1FY27 (Cons, YoY)
- Net profit at Rs 4 crore versus Rs 112 crore
- Revenue up 22.4% to Rs 4,318 crore from Rs 3,529 crore
- Ebitda down 5.7% to Rs 365 crore from Rs 387 crore
- Margin down 250 basis points to 8.5% from 11%
Additional updates:
- Plans to invest Rs 1,205 crore to expand capacity at its Nagpur plant
- To add capacity of 53,000 tyres per day at the Nagpur unit
Q1 Results Live: TechM Says AI Represents A Significant Growth Opportunity
Tech Mahindra Management
- Large deal ramp-up remains on track, with further ramp-up expected in Q2
- AI represents a significant growth opportunity for the company
- More than 350 AI agents deployed across the portfolio
- AI is creating new demand across the portfolio and driving modernisation projects
- Communications expected to remain a key growth driver for the rest of the year
- One-off impact from a European auto client could continue into Q2
- Margins expected to be above 15% by Q4
Q1 Results Live: Jio Financial Services Profit Nearly Triples
Jio Financial Services Q1FY27 (Cons, YoY)
- Net profit at Rs 830 crore versus Rs 325 crore
- Total income at Rs 2,004 crore versus Rs 619 crore
Q1 Results Live: Nelco Profit Jumps 30%
Nelco Q1FY27 (Cons, YoY)
- Net profit up 30% to Rs 2.3 crore from Rs 1.8 crore
- Revenue up 7% to Rs 80 crore from Rs 74.8 crore
Q1 Results Live: What Impacted Wipro Margins?
CEO Srini Pallia
- Demand environment remains unchanged
- Clients continue to reallocate spending towards AI by cutting costs elsewhere
- Pipeline remains healthy, driven by cost optimisation and vendor consolidation deals
- Discretionary spending is becoming more intense
- Current guidance factors in demand uncertainty
CFO Aparna C. Iyer
- Margins in Q1 were impacted by MSI and investments
- Wage hikes affected margins due to the incremental impact of two additional months
Q1 Results Live: TechM CFO Talks About Tech & Media Services Decline
CFO Rohit Anand
- Margins expanded for the 11th consecutive quarter
- Technology and media services declined due to lower customer spending
- Performance expected to remain strong through the rest of the year
Q1 Results Live: TechM CEO Says Largest Deals Coming From Manufacturing/Life Sciences Verticals
Tech Mahindra CEO Mohit Joshi
- Positive momentum expected to continue in the coming quarters
- Retail, logistics and travel supported by the e-commerce business
- Agentic Development and Modernisation portfolio launch marked a key milestone
- Largest deal wins came from the manufacturing and healthcare/life sciences verticals
Q1 Results Live: Alok Industries Net Loss Narrows
Alok Industries Q1FY27 (Cons, YoY)
- Net loss at Rs 138 crore versus a loss of Rs 172 crore
- Revenue up 6.5% to Rs 993 crore from Rs 932 crore
- Ebitda at Rs 57.3 crore versus Rs 20.1 crore
- Margin up 360 basis points to 5.8% from 2.2%
Q1 Results Live: Wipro CEO Says AI Expanding Market Not Shrinking It
Wipro CEO and Managing Director Srini Pallia said AI disruption is expanding the addressable market rather than shrinking it, while adding that the company's deal pipeline remains healthy.
Read full story here
Q1 Results Live: Heritage Foods Net Profit Slumps
Heritage Foods Q1FY27 (Cons, YoY)
- Net profit down 37.9% to Rs 25.2 crore from Rs 40.6 crore
- Revenue up 17.7% to Rs 1,338 crore from Rs 1,137 crore
- Ebitda down 16.3% to Rs 61.8 crore from Rs 73.9 crore
- Margin down 190 basis points to 4.6% from 6.5%
- Board approves acquisition of the remaining 5.6% stake in HNFL
Q1 Results Live: TechM's $ Revenue Grows Nearly 3%, New Deal Wins Expand Over 33%
- Constant currency revenue up 2.6% quarter-on-quarter to $1.66 billion
- New deal wins (TCV) up 33.3% year-on-year to $1.08 billion
Q1 Results Live: Wipro's IT Services Revenue & Total Bookings Dip
Wipro Operational Highlights
- Total bookings down 2.4% quarter-on-quarter in constant currency to $3.37 billion
- IT services revenue down 1.4% quarter-on-quarter to $2.62 billion
- IT services operating margin at 16% in Q1
- Trailing 12-month attrition at 13.9%
Q1 Results Live: Tech Mahindra Profit Rises 8.2% But Misses Expectations
TechM Q1FY27 (Cons, QoQ)
- Net profit up 8.2% to Rs 1,465 crore from Rs 1,354 crore (Estimate of Rs 1,607 crore)
- Revenue up 4.2% to Rs 15,712 crore from Rs 15,076 crore (estimate of Rs 15,422 crore)
- Ebit up 9.2% to Rs 2,264 crore from Rs 2,073 crore (Estimate of 2,168 crore)
- Margin up 70 basis points to 14.4% from 13.7% (estimate of 14.1%)
Wipro Declares Dividend! Check Record Date
Wipro Ltd. has declared an interim dividend of Rs 2, per equity share with face value Rs 2. The company has set July 27, 2026 as the Record Date. The payment of Interim Dividend will be made on or before August 14, 2026.
Q1 Results Live: Wipro Profit Declines 4.3%
Wipro Q1FY27 (Cons, QoQ)
- Net profit down 4.3% to Rs 3,352 crore from Rs 3,502 crore
- Revenue up 1% to Rs 24,479 crore from Rs 24,236 crore
- Ebit down 8.4% to Rs 3,829 crore from Rs 4,181 crore
- Margin down 160 basis points to 15.6% from 17.2%
Q1 Results Live: Borosil Renewables Swings To Profit
Borosil Renewables Q1 (Year-on-Year)
- Net profit at Rs 86.8 crore versus a loss of Rs 167 crore
- Revenue up 17.1% to Rs 406 crore from Rs 347 crore
- Ebitda at Rs 127 crore versus Rs 63 crore
- Margin up 1,320 basis points to 31.4% from 18.2%
- Other income at Rs 14 crore versus Rs 6.3 crore
- Tax expense at Rs 31.3 crore versus Rs 16.9 crore
Q1 Results Live: Piramal Finance Net Profit Surges 66%
Piramal Finance Q1 (Year-on-Year)
- Net profit up 66.1% to Rs 459 crore from Rs 276 crore
- Total income up 27.5% to Rs 3,430 crore from Rs 2,690 crore
Other updates
- Board approved fundraising of up to Rs 4,000 crore
Q1 Results Live: 360 One WAM Net Profit Rises 14.2%
360 One WAM Q1 Results - Cons, QoQ
- Net profit up 14.2% at Rs 330 crore vs Rs 289 crore
- Revenue up 9.9% at Rs 1,226 crore vs Rs 1,116 crore
- EBITDA up 16.5% at Rs 773 crore vs Rs 663 crore
- EBITDA margin at 63% vs 59.5%
Q1 Results Live: GNA Axles Net Profit Soars 66.5%
GNA Axles Q1 Results - Cons, YoY
- Net profit up 66.5% at Rs 38.3 crore vs Rs 23 crore
- Revenue up 36.7% at Rs 470.4 crore vs Rs 344.2 crore
- EBITDA up 44.8% at Rs 72.1 crore vs Rs 49.8 crore
- EBITDA margin at 15.3% vs 14.5%
Q1 Results Live: BHEL Q1 Segment Performance
- Power business revenue up 52% at Rs 5,920 crore YoY
- Power business EBIT at Rs 562.8 crore vs loss of Rs 510 crore YoY
- Industry business revenue up 12% at Rs 1,778 crore YoY
- Industry business EBIT down 21% at Rs 242.6 crore YoY
Q1 Results Live: BHEL Shares Fall Despite Q1 Beating Estimates
Q1 Results Live: BHEL Swings to Profit; Beats Estimates
BHEL Q1 Results - Cons
- Net profit at Rs 377 crore vs estimate of Rs 34 crore
- Revenue at Rs 7,698 crore vs estimate of Rs 6,129 crore
- EBITDA at Rs 504 crore vs estimate of Rs 78.9 crore
- EBITDA margin at 6.5% vs estimate of 1.3%
BHEL Q1 Results - Cons, YoY
- Net profit at Rs 378 crore vs loss of Rs 456 crore YoY
- Revenue up 40.3% at Rs 7,698 crore vs Rs 5,487 crore
- EBITDA at Rs 504 crore vs EBITDA loss of Rs 537 crore YoY
- EBITDA margin at 6.5%
- Other income at Rs 214.1 crore vs Rs 171.2 crore
Q1 Results Live: ITC Hotels To Fully Acquire GHK Hospitality
- To fully acquire GHK Hospitality for enterprise value of Rs 155 crore
- Acquisition expected to be completed within Q2
Q1 Results Live: ITC Hotels' Shares See Sharp Fall
Q1 Results Live: ITC Hotels Net Profit Rises 35.5%
ITC Hotels Q1 Results - Cons, YoY
- Net profit up 35.5% at Rs 180 crore vs Rs 133 crore
- Revenue up 14.8% at Rs 936 crore vs Rs 816 crore
- EBITDA up 19.5% at Rs 292 crore vs Rs 245 crore
- EBITDA margin at 31.2% vs 30%
- Other income at Rs 58.5 crore vs Rs 44.2 crore
Q1 Results Live: Polycab India Segment Performance
- Wires & Cables revenue up 38% at Rs 7,202 crore
- Wires & Cables EBIT up 25% at Rs 959 crore
- FMEG revenue up 68% at Rs 761 crore
- FMEG EBIT at Rs 60.6 crore vs Rs 9.5 crore
Q1 Results Live: Polycab India Net Profit Rises 32.5%
Polycab India Q1 Results - Cons, YoY
- Net profit up 32.5% at Rs 784 crore vs Rs 592 crore
- Revenue up 39% at Rs 8,210 crore vs Rs 5,906 crore
- EBITDA up 32.5% at Rs 1,136 crore vs Rs 858 crore
- EBITDA margin at 13.8% vs 14.5%
Q1 Results Live: South Indian Bank Net Profit Rises 17.3%
South Indian Bank Q1 Results - YoY
- Net profit up 17.3% at Rs 378 crore vs Rs 322 crore
- NII up 23% at Rs 1,025 crore vs Rs 833 crore
- Operating profit down 12% at Rs 592 crore vs Rs 672 crore
- Provisions at Rs 84.3 crore vs Rs 239.3 crore
Asset Quality - QoQ
- Gross NPA at 1.38% vs 1.43%
- Net NPA at 0.26% vs 0.29%
- Provisions at Rs 84.3 crore vs Rs 34.4 crore
Q1 Results Live: Sterling and Wilson Renewable Energy Shares Slump
Q1 Results Live: Sterling & Wilson Net Profit Soars 69.4%
Sterling & Wilson Q1 Results - Cons, YoY
- Net profit up 69.4% at Rs 54.2 crore vs Rs 32 crore
- Revenue down 9.7% at Rs 1,590 crore vs Rs 1,762 crore
- EBITDA down 8% at Rs 78.6 crore vs Rs 85.4 crore
- EBITDA margin at 4.9% vs 4.8%
Q1 Results Live: Newgen Software Net Profit Falls 40.9%
Newgen Software Q1 Results - Cons, QoQ
- Net profit down 40.9% at Rs 62.8 crore vs Rs 106 crore
- Revenue down 21.2% at Rs 357 crore vs Rs 453 crore
- EBIT down 67.2% at Rs 46.8 crore vs Rs 143 crore
- EBIT margin at 13.1% vs 31.5%
- Tax expense at Rs 19.3 crore vs Rs 31.5 crore
Q1 Business Update: Earnings Estimates
Q1 Business Update: Prestige Estates
- Residential pre-sales at Rs 6,579.3 crore
- Sales volume at 6.04 million sq ft
- Average realisation at Rs 11,193 per sq ft
- Collections at Rs 480.2 crore
Q1 Results Live: DB Corp Shares Jump After Strong Q1 Earnings
Q1 Results Live: DB Corp Net Profit Rises 24.1%
DB Corp Q1 Results - Cons, YoY
- Net profit up 24.1% at Rs 100 crore vs Rs 80.8 crore
- Revenue up 7.9% at Rs 604 crore vs Rs 560 crore
- EBITDA up 23.2% at Rs 136 crore vs Rs 111 crore
- EBITDA margin at 22.6% vs 19.8%
- Tax expense at Rs 33.5 crore vs Rs 26.8 crore
- Declares interim dividend of Rs 5 per share
Q1 Results Live: ICICI Lombard Fell Over 14% Today After Weak Earnings
After a 46% fall in its Q1 profit reported yesterday, ICICI Lombard General Insurance Corp fell over 14% in today's trade.
Q1 Results Live: Tech Mahindra Q1 Preview
Tech Mahindra Ltd. will announce its Q1FY27 results on Thursday, July 16, 2026. The company will hold an earnings call with investors and analysts later in the day at 5:30 pm to discuss the results and the quarterly performance.
Tech Mahindra's consolidated revenue for Q1FY27 is estimated to rise sequentially to Rs 15,458 crore, compared with Rs 15,076 crore in the previous quarter. EBIT is expected to increase by 5% quarter-on-quarter to Rs 2,189 crore from Rs 2,084 crore, with the EBIT margin widening to 14.16% from 13.82%.
Tech Mahindra Ltd. Q1FY27 Bloomberg Estimates (Consolidated, QoQ)
- Revenue seen higher at Rs 15,458 crore versus Rs 15,076 crore
- EBIT seen 5% higher at Rs 2,189 crore versus Rs 2,084 crore.
- EBIT Margin seen at 14.16% versus 13.82%
- Profit seen 17% higher at Rs 1,583 crore versus Rs 1,354 crore.
Q1 Results Live: Wipro Q1 Preview
Wipro Ltd. is expected to report a weaker June quarter, with revenue, operating profit and net profit likely to come under pressure as slower discretionary spending, wage hikes and delayed deal conversion weigh on performance.
Bloomberg estimates suggest that revenue in constant currency terms is expected to grow 1.62% year-on-year and 1.33% quarter-on-quarter. Attrition is estimated at 14.86%, while total headcount is seen at 249,422, with net employee additions of about 18,000.
Wipro Q1 Preview - Bloomberg Estimates (Consolidated, QoQ)
- Revenue seen 2% higher at Rs 24,730 crore versus Rs 24,236 crore.
- EBIT seen 1% lower at Rs 4,113 crore versus Rs 4,164 crore.
- EBIT Margin seen 16.63% versus 17.18%.
- Profit seen 1% lower at Rs 3,466 crore versus Rs 3,502 crore.
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: Wipro, Jio Financial Services, Tech Mahindra, Bharat Heavy Electricals, Polycab India, Piramal Finance, 360 ONE WAM, ITC Hotels, Ceat, South Indian Bank, WeWork India Management, Borosil Renewables, Newgen Software Technologies, Alok Industries, Sterling and Wilson Renewable Energy, DB Corp, Heritage Foods, GNA Axles, Hathway Cable and Datacom, NELCO, PNB Gilts, Menon Bearings, Chembond Chemicals, Integra Engineering India, Onward Technologies, Muthoot Capital Services, Mahindra EPC Irrigation, Alacrity Securities, TRF, Atishay, Telge Projects, Sampark India Logistics, Vigor Plast India, Machhar Industries, Ontic Finserve, Jayshree Chemicals, Deccan Polypacks and Gold Coin Health Foods.
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