Q2 Results Updates: Titan Profit Surges, Bharti Airtel Revenue Rises; Niva Bupa Health Swings To Loss

And that’s a wrap on a busy day of Q2 earnings announcements! Thank you for making NDTV Profit your front-row seat to all the numbers and analysis.

This is Ann Jacob signing off and as the earnings season rolls on be sure to join us right back here tomorrow morning for a fresh day of market-moving results!

ACME Solar Holdings Q2 Highlights (Consolidated, Year-on-Year)

• Revenue up 80.2% to Rs 468 crore versus Rs 260 crore.

• Ebitda up 81.3% to Rs 400 crore versus Rs 221 crore.

• Margin at 85.6% versus 85%.

• Net profit at Rs 115 crore versus Rs 15.2 crore.

Max Estates Q2 Highlights (Consolidated, Year-on-Year)

• Revenue up 21.4% to Rs 48.8 crore versus Rs 40.2 crore.

• Ebitda up 18.3% to Rs 10.1 crore versus Rs 8.5 crore.

• Margin at 20.7% versus 21.2%.

• Net profit at Rs 7.3 crore versus Rs 2.2 crore.

Kansai Nerolac Q2 Highlights (Consolidated, YoY)

• Revenue up 0.1% to Rs 1,954 crore versus Rs 1,951 crore.

• Ebitda up 1.6% to Rs 215 crore versus Rs 212 crore.

• Margin at 11% versus 10.9%.

• Net profit up 9.9% to Rs 135 crore versus Rs 123 crore.

Timken India Q2 Highlights (YoY)

• Revenue up 2.7% to Rs 773 crore versus Rs 753 crore.

• Ebitda up 3.8% to Rs 138 crore versus Rs 133 crore.

• Margin at 17.9% versus 17.7%.

• Net profit down 0.6% to Rs 89.4 crore versus Rs 89.9 crore.

3M India Q2 Highlights (YoY)

• Revenue up 14% to Rs 1,266 crore versus Rs 1,111 crore.

• Ebitda up 39.6% to Rs 256 crore versus Rs 183 crore.

• Margin at 20.2% versus 16.5%.

• Net profit up 43% to Rs 191 crore versus Rs 134 crore.

Godfrey Phillips Q2 Highlights (Consolidated, YoY)

• Revenue up 5.3% to Rs 1,289 crore versus Rs 1,360 crore.

• Ebitda up 13.4% to Rs 314 crore versus Rs 277 crore.

• Margin at 24.4% versus 20.4%.

• Net profit up 22.8% to Rs 305 crore versus Rs 248 crore.

Segmental Revenue Growth (YoY)

Jewellery grew 21% with domestic jewellery at 18%

Watches grew 13%, Eyecare grew 9%

Emerging business grew 34%.

Titan Q2 Highlights (Consolidated, YoY)

• Revenue up 28.8% to Rs 18,725 crore versus Rs 14,534 crore.

• Ebitda up 51.7% to Rs 1,875 crore versus Rs 1,236 crore.

• Margin at 10% versus 8.5%.

• Net profit up 59.1% to Rs 1,120 crore versus Rs 704 crore.

The company has appointed Ajoy Chawla as managing director for five years effective Jan 1, 2026.

Power Grid Q2 Highlights (Consolidated, YoY)

• Revenue up 1.8% to Rs 11,476 crore versus Rs 11,278 crore.

• Ebitda down 13.6% to Rs 9,114 crore versus Rs 10,552 crore.

• Margin at 79.4% versus 93.6%.

• Net profit down 6% to Rs 3,566 crore versus Rs 3,793 crore.

To Pay First Interim Dividend of Rs 4.5 per share.

JK Paper Q2 Highlights (Consolidated, YoY)

• Net Revenue From Ops up 3.9% to Rs 1,749 crore versus Rs 1,683 crore.

• Ebitda down 15% to Rs 224 crore versus Rs 264 crore.

• Margin at 12.8% versus 15.7%.

• Net profit down 41.8% to Rs 74.8 crore versus Rs 129 crore.

Gallantt Ispat Q2 Highlights (Consolidated, YoY)

• Revenue up 7.4% to Rs 1,013 crore versus Rs 943 crore.

• Ebitda up 34.8% to Rs 132 crore versus Rs 97.6 crore.

• Margin at 13% versus 10.4%.

• Net profit up 78.4% to Rs 87.2 crore versus Rs 48.9 crore.

Niva Bupa Health Q2 Highlights (YoY)

• Net Premium Earned up 17.2% to Rs 1,422 crore versus Rs 1,213 crore.

• Net Loss of Rs 35.3 crore versus Profit of Rs 13.1 crore.

Arvind SmartSpaces Q2 Highlights (Consolidated, YoY)

• Revenue down 47.1% to Rs 141 crore versus Rs 266 crore.

• Ebitda down 55.2% to Rs 29.5 crore versus Rs 66 crore.

• Margin at 21% versus 24.8%.

• Net profit down 65.2% to Rs 14.2 crore versus Rs 40.7 crore.

Kirloskar Brothers Q2 Highlights (Cons, YoY)

• Revenue down 0.8% to Rs 1,028 crore versus Rs 1,036 crore.

• Ebitda down 23.7% to Rs 108 crore versus Rs 142 crore.

• Margin at 10.5% versus 13.7%.

• Net profit down 25.8% to Rs 71 crore versus Rs 95.7 crore.

City Union Bank Q2 Highlights (QoQ)

• Gross NPA at 2.42% versus 2.99%.

• Net NPA at 0.9% versus 1.2%.

City Union Bank Q2 Highlights (YoY)

• Net Interest Income (NII) up 14.2% to Rs 667 crore versus Rs 582 crore.

• Operating Profit up 9.9% to Rs 471 crore versus Rs 428 crore.

• Provisions fall 18.6% to Rs 57 crore versus Rs 70 crore.

• Net profit up 15.2% to Rs 329 crore versus Rs 285 crore.

Hitachi Energy Q2 Highlights (YoY)

• Revenue up 17.9% to Rs 1,833 crore versus Rs 1,554 crore.

• Ebitda at Rs 299 crore versus Rs 110 crore.

• Margin at 16.3% versus 7.1%.

• Net profit at Rs 264 crore versus Rs 52.3 crore.

Gland Pharma Q2 Highlights (Consolidated, YoY)

• Revenue up 5.8% to Rs 1,487 crore versus Rs 1,406 crore.

• Ebitda up 5.7% to Rs 314 crore versus Rs 297 crore.

• Margin flat at 21.2% versus 21.2%.

• Net profit up 12.3% to Rs 184 crore versus Rs 164 crore.

Bharti Airtel Q2 Highlights (Consolidated, QoQ)

• Revenue up 5% to Rs 52,145 crore versus Rs 49,463 crore.

• Ebitda up 6% to Rs 29,561 crore versus Rs 27,839 crore.

• Margin flat at 56.7% versus 56.3%.

• Net profit up 14% to Rs 6,792 crore versus Rs 5,948 crore

Average Revenue Per User up 2.4% at Rs 256 versus Rs 250.

Bharti Hexacom Q2 Highlights (QoQ)

• Revenue up 2.4% to Rs 2,317 crore versus Rs 2,263 crore.

• Ebitda up 4.1% to Rs 1,208 crore versus Rs 1,161 crore.

• Margin at 52.1% versus 51.3%.

• Net profit up 7.6% to Rs 421 crore versus Rs 392 crore..

VRL Logistics Q2 Highlights (YoY)

• Revenue down 0.3% to Rs 797 crore versus Rs 799 crore.

• Ebitda up 13.6% to Rs 151 crore versus Rs 133 crore.

• Margin at 19% versus 16.6%.

• Net profit up 39.4% to Rs 49.9 crore versus Rs 35.8 crore.

TBO Tek Q2 Highlights (Consolidated, YoY)

• Revenue up 25.9% to Rs 568 crore versus Rs 451 crore.

• Ebitda up 16.7% to Rs 88 crore versus Rs 75.4 crore.

• Margin at 15.5% versus 16.7%.

• Net profit up 12.3% to Rs 67.5 crore versus Rs 60.1 crore.

SJS Enterprises Q2 Highlights (Consolidated, YoY)

• Revenue up 25.4% to Rs 242 crore versus Rs 193 crore.

• Ebitda up 36.6% to Rs 68.3 crore versus Rs 50 crore.

• Margin at 28.2% versus 25.9%.

• Net profit up 48.7% to Rs 43.3 crore versus Rs 29.1 crore.

Wockhardt Q2 Highlights (Consolidated, YoY)

• Revenue down 3.3% to Rs 782 crore versus Rs 809 crore.

• Ebitda up 61.8% to Rs 178 crore versus Rs 110 crore.

• Margin at 22.8% versus 13.6%.

• Net profit of Rs 78 crore versus loss of Rs 22 crore.

Westlife Foodworld Q2 Highlights (Consolidated, YoY)

• Revenue up 3.9% to Rs 642 crore versus Rs 618 crore.

• Ebitda down 11.7% to Rs 67.1 crore versus Rs 76 crore.

• Margin at 10.5% versus 12.3%.

• Net profit at Rs 27.7 crore versus Rs 36 lakh.

Alright folks, this is Divya Prata wrapping up and handing this over to my colleague Ann Jacob.

She'll be keeping you posted with the latest earnings, dividend details and more!

Stove Kraft Q2 FY26 Highlights (Consolidated, YoY)

• Revenue up 13.4% to Rs 474 crore versus Rs 418 crore

• Net Profit up 28% to Rs 21.4 crore versus Rs 16.7 crore

• Ebitda up 15.9% to Rs 56.8 crore versus Rs 49 crore

• Margin at 12% versus 11.7%

GE Vernova Q2 FY26 Highlights (Consolidated, YoY)

• Revenue up 39% to Rs 1,538 crore versus Rs 1,107 crore

• Net Profit at Rs 299 crore versus Rs 145 crore

• Ebitda up 94.4% to Rs 396 crore versus Rs 204 crore

• Margin at 25.8% versus 18.4%

Shares of the jeweller are locked in the 20% upper circuit at Rs 2,603.50 apiece, after the company swung to profit in the September quarter.

Shares of the jeweller are locked in the 20% upper circuit at Rs 2,603.50 apiece, after the company swung to profit in the September quarter.

Ajanta Pharma Q2 FY26 Highlights (Consolidated, YoY)

• Revenue up 14.1% to Rs 1,353.73 crore versus Rs 1,186.64 crore

• Net Profit up 20% to Rs 260.19 crore versus Rs 216.48 crore

• Ebitda up 5% to Rs 327.83 crore versus Rs 311.17 crore

• Margin at 24.2% versus 26.2%

• Declares dividend of Rs 28 per share

Arvind Fashions Q2 FY26 Highlights (Consolidated, YoY)

• Revenue up 11.3% to Rs 1,418 crore versus Rs 1,273 crore.

• Net Profit up 26.7% to Rs 37.5 crore versus Rs 29.6 crore.

• Ebitda at Rs 187 crore versus Rs 162 crore.

• Margin at 13.2% versus 12.7%.

Thangamyil Jewellery Q2 FY26 Highlights (Consolidated, YoY)

• Revenue up 44.9% to Rs 1,711 crore versus Rs 1,181 crore.

• Net Profit at Rs 58.5 crore versus loss of Rs 17.5 crore.

• Ebitda of Rs 106 crore versus loss of Rs 7.4 crore.

• Margin at 6.2%

Ambuja Cement Q2 FY26 Highlights (Consolidated, YoY)

• Revenue up 25.0% to Rs 9,129.73 crore versus Rs 7,304.77 crore.

• Net Profit up  268% to Rs 1,765.71 crore versus Rs 479.53 crore.

• Ebitda up 99% to Rs 1,716.11 crore versus Rs 863.75 crore.

• Margin at 18.8% versus 11.8%.

TCPL Q2 FY26 Highlights (Consolidated, YoY)

• Revenue up 17.8% to Rs 4,966 crore versus Rs 4,214 crore

• Ebitda up 7.3% to Rs 672 crore versus Rs 626 crore

• Margin narrows to 13.5% versus 14.9%

• Net profit up 11% to Rs 404 crore versus Rs 364 crore

Shares of Dodla Dairy fall nearly 6% after the announcement of their quarterly results.

Shares of Dodla Dairy fall nearly 6% after the announcement of their quarterly results.

AWL Agri Business Q2 Highlights (Consolidated, YoY)

• Revenue up 21.8% to Rs 17,604.57 crore versus Rs 14,449.94 crore

• Net Profit down 21% to Rs 244.72 crore versus Rs 311.03 crore

• Ebitda up 21% to Rs 688.18 crore versus Rs 568.94 crore

• Margin flat at 3.9%

Dodla Dairy Q2 Highlights (Consolidated, YoY)

• Revenue up 2.1% at Rs 1,019 crore versus Rs 998 crore

• EBITDA down 3.5% at Rs 92.8 crore versus Rs 96.2 crore

• Margin At 9.1% versus 9.6%

• Net Profit up 3.6% at Rs 65.7 crore versus Rs 63.4 crore

The company’s consolidated gross sales value rose 32.6% year-on-year to Rs 4,094 crore, compared to Rs 3,087 crore in Q1FY25. Net profit after tax surged 55.9% to Rs 356 crore, against Rs 229 crore last year. Ebitda increased 25.2% to Rs 338 crore, up from Rs 270 crore in the same quarter of the previous year. However, margins stood slightly lower at 8.3%, compared to 8.7% in Q1 FY25. 

Shares of the telecom operator were trading 0.07% lower at Rs 2,053 apiece ahead of its financial results announcement on Monday.

Shares of the telecom operator were trading 0.07% lower at Rs 2,053 apiece ahead of its financial results announcement on Monday.

The company’s consolidated operating revenue rose 20% year-on-year to Rs 14,673 crore, compared to Rs 12,188 crore in Q1 FY25. Ebitda increased to Rs 1,935 crore from Rs 1,367 crore, reflecting a 20% rise. Ebitda margin improved to 13.1% from 11.1% a year earlier. Profit after tax (PAT) surged over 52% to Rs 1,091 crore, up from Rs 715 crore last year.

Hello and welcome to NDTV Profit's live coverage of the second-quarter earnings season. Various players are set to announce their performance for the second quarter today. These include key names such as Ambuja Cements, Bharti Airtel, Titan, Tata Consumer Products and Godfrey Phillips India among others.

This is your front-row seat to the earnings action, so stay with us for real-time updates, analysis of the numbers, and all the key details that companies will be putting out through the day!