Q2 Results Update: Ireda Profit Flat At Rs 549 Crore; Waaree Renewable Profit Dips 37%, Bajaj Finance NII Rises 24%
Q2 Results Live: Bajaj Finance, Hindustan Zinc, IREDA, LTTS, and UltraTech Cement are among 35 companies scheduled to announce their Q2 FY27 results today. Track the latest earnings announcements, financial performance and market reaction live on NDTV Profit.
- Author: Tanmay Tiwary, Khushi Maheshwari, Pratiksha Thayil, Prajwal Jayaraj
- Markets
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Oct 19, 2026 22:51 pm IST
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Published On Oct 19, 2026 11:24 am IST
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Last Updated On Oct 19, 2026 22:51 pm IST
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Q2 Results Live Updates: As many as 35 companies are scheduled to report thier September quarter earnings today.
Aerpace Industries, Aksharchem India, A-One Steels India, Bajaj Finance, Bhansali Engineering Polymers, Bloom Industries, Delta Corp, Elevate Campuses, Gallantt Ispat, GOCL Corporation, HFCL, Hindustan Zinc, Indian Renewable Energy Development Agency (IREDA), Jaiprakash Power Ventures, Just Dial, Koura Fine Diamond Jewelry, L&T Technology Services, Malt Land Distilleries, Modern Steels, Melstar Information Technologies, Mangalam Global Enterprise, Modern Dairies, Nelco, Ontic Finserve, Piramal Finance, Quint Digital, Shri Niwas Leasing and Finance, SML Mahindra, Sobha, Tatva Chintan Pharma Chem, UltraTech Cement, Union Bank of India, Varmora Granito, Waaree Renewable Technologies and Yash Management & Satellite will declare their quarterly results on Monday, October 19, 2026.
Q2 Results Live: Delta Corp Swings To Net Loss
Delta Corp Q2 Result Highlights (YoY)
- Net loss stands at Rs 106 crore versus profit of Rs 25 crore.
- Revenue declines 13.1% at Rs 159 crore versus Rs 183 crore.
- EBITDA declines 28.8% at Rs 28.4 crore versus Rs 39.9 crore.
- EBITDA Margin down 390 Bps at 17.9% versus 21.8%.
- One-time loss of Rs 137 crore in Q2.
Q2 Results Live: Elevate Campuses Profit Falls 71%
Elevate Campuses Q1 Result Highlights (YoY)
- Net Profit declines 71.4% at Rs 34 crore versus Rs 119 crore.
- Revenue up 31.1% at Rs 219 crore versus Rs 167 crore.
- EBITDA up 29.1% at Rs 165 crore versus Rs 128 crore.
- EBITDA Margin down 110 Bps at 75.2% versus 76.3%.
- One-time loss of Rs 7 crore versus gain of Rs 109 crore.
Q2 Results Live: Just Dial Profit Falls 9%
Just Dial Q2 Result Highlights (YoY)
- Net Profit declines 9.2% at Rs 108 crore versus Rs 119 crore.
- Revenue up 13.1% at Rs 343 crore versus Rs 303 crore.
- EBITDA up 4.1% at Rs 90.6 crore versus Rs 87 crore.
- EBITDA Margin down 230 Bps at 26.4% versus 28.7%.
Q2 Results Live: Jaiprakash Power Ventures Profit Falls 82%
Jaiprakash Power Ventures Q2 Result Highlights (YoY)
- Net Profit declines 81.7% at Rs 33.3 crore versus Rs 182 crore.
- Revenue up 5.1% at Rs 1,512 crore versus Rs 1,438 crore.
- EBITDA up 39.3% at Rs 656 crore versus Rs 471 crore.
- EBITDA Margin up 1,060 Bps at 43.4% versus 32.8%.
- One-time loss of Rs 511 crore in Q2.
- Appoints Jigar Dalal as CFO from November 1.
Q2 Results Live: Ireda Profit Flat At Rs 549 Crore
IREDA Q2 Result Highlights (YoY)
- Net Profit up 0.5% at Rs 552 crore versus Rs 549 crore.
- Total Income up 14.0% at Rs 2,347 crore versus Rs 2,058 crore.
Bajaj Finance Q2 Results Live: FY27 Guidance At 26-27%
- FY27 Full year growth guidance of 26-27%
- Marginal moderation expected in NIMs going forward
- Moderation in NIMs will be manageable
- 15-18% fee income growth expected
Sources: Bajaj Finance Concall flashes
Bajaj Finance Q2 Results Live: Raising Funds For Growth Purposes
- Cost of funds improved QoQ by 9bps
- Opex to total income improved to 33%
- Recognized a macro economic overlay of Rs 337 Cr
- Raising funds via QIP for growth purposes
Sources: Bajaj Finance Concall flashes
Q2 Results Live: Waaree Renewable Profit Dips 37%
Waaree Renewable Technologies Q2 Result Highlights (YoY)
- Net Profit declines 36.5% at Rs 74 crore versus Rs 116 crore.
- Revenue up 36.5% at Rs 1,058 crore versus Rs 775 crore.
- EBITDA up 1.2% at Rs 160 crore versus Rs 158 crore.
- EBITDA Margin down 530 Bps at 15.1% versus 20.4%.
- Approves 35 MWp IPP solar plant in Maharashtra.
Bajaj Finance Q2 Results Live: Gold Loan Portfolio Continues To Grow
- Winding down of capitive book will be tailwind for credit cost improvement
- Gold loan portfolio continued to grow
- Broad based growth seen across segments
Sources: Bajaj Finance Concall flashes
Q2 Results Live: Sobha Profit Falls 55%
Sobha Q2 Result Highlights (YoY)
- Net Profit declines 54.6% at Rs 32.9 crore versus Rs 72.5 crore.
- Revenue declines 31.3% at Rs 967 crore versus Rs 1,408 crore.
- EBITDA declines 28.1% at Rs 68.7 crore versus Rs 95.6 crore.
- EBITDA Margin up 30 Bps at 7.1% versus 6.8%.
Q2 Results Live: A-One Steels Profit Falls 32%
A-One Steels Q1 Result Highlights (QoQ)
- Net Profit declines 32.4% at Rs 48 crore versus Rs 71 crore.
- Revenue from operations declines 12.0% at Rs 1,041 crore versus Rs 1,188 crore.
- EBITDA declines 16.2% at Rs 102.1 crore versus Rs 121.8 crore.
- EBITDA Margin down 50 Bps at 9.8% versus 10.3%.
Q2 Results Live: Nelco Profit Rises 7%
Nelco Q2 Result Highlights (YoY)
- Net Profit up 6.8% at Rs 17.3 crore versus Rs 16.2 crore.
- Revenue up 5.1% at Rs 78.1 crore versus Rs 74.3 crore.
Q2 Results Live: Bajaj Finance Profit Rises 29%
Bajaj Finance Q2 Result Highlights (YoY)
- Net Profit up 28.5% at Rs 6,266 crore versus Rs 4,875 crore.
- Net Interest Income (NII) up 23.6% at Rs 13,334 crore versus Rs 10,785 crore.
- Operating Profit up 23.0% at Rs 10,699 crore versus Rs 8,685 crore.
- Gross NPA improves to 1.06% versus 1.24% YoY.
- Net NPA improves to 0.42% versus 0.60% YoY.
UltraTech Cement Q2 Results Live: Update On Wires And Cables Business
Atul Daga CFO:
- Wires and cables business under Ultravolt has seen Rs. 1100 crore out of Rs 1800 crore capex spent already
- Balance to be invested over next 2 quarters
Source: Ultratech Q2 FY27 Conference Call
UltraTech Cement Q2 Results Live: Don't See Direct Impact Of Higher Cost
Atul Daga CFO:
- Petcoke prices trading at $180 per ton and we have reduced dependence to 25%
- So far not yet seen direct impact of higher cost on cement demand
Source: Ultratech Q2 FY27 Conference Call
UltraTech Cement Q2 Results Live: Rural Demand May Soften
Rural demand might soften a bit but expect other demand areas like data centre, said Atul Daga CFO.
Source: Ultratech Q2 FY27 Conference Call
Q2 Results Live: SML Isuzu Profit Falls 45%
SML Isuzu Q2 Result Highlights (YoY)
- Net Profit declines 44.5% at Rs 11.7 crore versus Rs 21.1 crore.
- Revenue up 20.7% at Rs 670 crore versus Rs 555 crore.
- EBITDA declines 32.3% at Rs 28.3 crore versus Rs 41.8 crore.
- EBITDA Margin down 330 Bps at 4.2% versus 7.5%.
UltraTech Cement Q2 Results Live: Expect Activity To Pick Up Mid-November
Atul Daga CFO:
- Industry growth estimate of 10% in Q2 vs our growth of 13.8%
- North market growing in high double digits we have growth more than 20%
- Expect Activity picks up mid-November – seeing good signs of demand
Source: Ultratech Q2 FY27 Conference Call
UltraTech Cement Q2 Results Live: Expect Activity To Pick Up Mid-November
Atul Daga CFO:
- Industry growth estimate of 10% in Q2 vs our growth of 13.8%
- North market growing in high double digits we have growth more than 20%
- Expect Activity picks up mid-November – seeing good signs of demand
Source: Ultratech Q2 FY27 Conference Call
UltraTech Cement Q2 Results Live: Price Hike Benefit Will Be Visible In Q3
- South India market is transforming
- Price hike benefit will be visible in Q3 numbers
Source: Ultratech Q2 FY27 Conference Call
Q2 Results Live: L&T Tech Profit Surges 54%
L&T Technology Services Q2 Result Highlights (QoQ)
- Net Profit rises 53.5% at Rs 548 crore versus Rs 357 crore.
- Revenue up 3.4% at Rs 3,040 crore versus Rs 2,940 crore.
- EBIT rises 7.5% at Rs 495.9 crore versus Rs 461.4 crore.
- EBIT Margin up 60 Bps at 16.3% versus 15.7%.
- To pay interim dividend of Rs 20 per share.
Q2 Results Live: Tatva Chintan Revenue Climbs 76%
Tatva Chintan Q2 Results Highlights (Cons, YoY)
- Net Profit at Rs 21.4 crore Vs Rs 9.9 crore
- Revenue Up 76% At Rs 217 crore Vs Rs 124 crore
- Ebitda Up 83.3% At Rs 40.7 crore Vs Rs 22.2 crore
- Ebitda Margin At 18.7% Vs 18%
Q2 Results Live: Piramal Finance Net Profit Surges 65%, Total Income Rises
Piramal Finance Q2 Results Highlights (Cons,YoY)
- Net Profit Up 64.83% At Rs 539 crore Vs Rs 327 crore
- Total Income Up 28% At Rs 3,717 crore Vs Rs 2,900 crore
Q2 Results Live: Hindustan Zinc Net Profit Up 17%, Revenue Rises 10%
Hindustan Zinc Q2 (Cons) Highlights
- Net Profit At Rs 6,412 crore Vs Estimate Of Rs 5,593 crore
- Revenue At Rs 15,093 crore Vs Estimate Of Rs 14,035 crore
- Ebtida Margin At 61.3% Vs Estimate Of 60.3%
- Ebitda At Rs 9,248 crore Vs Estimate Of Rs 8,466 crore
- Profit Up 17.2% At Rs 6,412 crore Vs Rs 5,469 crore QoQ
- Revenue Up 9.8% At Rs 15,093 crore Vs Rs 13,747 crore QoQ
- Ebitda Up 14.9% At Rs 9,248 crore Vs Rs 8,050 crore QoQ
- Ebitda Margin At 61.3% Vs 58.6% QoQ
Q2 Results Live: Motilal Oswal Raises ICICI Bank Earnings Estimates
- Motilal Oswal has raised its FY28 earnings estimate by 3% for ICICI Bank.
- The brokerage expects the bank to deliver FY28 RoA of 2.4% and RoE of 17.6%.
- Motilal Oswal said the bank's strong loan growth, improving asset quality and healthy profitability continue to support a positive medium-term outlook.
Q2 Results Live: ICICI Bank Margins Seen Recovering After FCNR Impact
- Motilal Oswal noted that NIM declined 18 basis points QoQ to 4.18%, largely due to the impact of FCNR(B) deposits.
- The brokerage expects margins to improve from Q4 FY27 after the full impact of FCNR(B) deposits is absorbed in Q3.
- ICICI Bank's management expects repricing benefits and normalisation of funding costs to support margin recovery.
Q2 Results Live: UltraTech Cement Q2 Profit At Rs 1,494 Crore
- Net profit at Rs 1,494 crore Vs estimate of Rs 1,556 crore
- Revenue at Rs 23,295 crore Vs estimate of Rs 22,341 crore
- EBITDA at Rs 3,721 crore Vs estimate of Rs 3,700 crore
- EBITDA margin at 15.97% Vs estimate of 16.6%
Q2 Results Live: ICICI Bank's Asset Quality Improves As Slippages Decline
- Fresh slippages declined 13% QoQ and 4% YoY to Rs 4,830 crore, according to Motilal Oswal.
- Gross NPA and Net NPA improved to 1.2% and 0.3%, respectively.
- The brokerage said ICICI Bank continues to deliver a combination of growth, profitability and asset quality that remains among the best in the sector.
Q2 Results Live: Motilal Oswal Reiterates ICICI Bank As Top Banking Pick
- Motilal Oswal said ICICI Bank delivered another strong quarter, supported by robust business growth, stable asset quality and controlled provisioning.
- The brokerage highlighted 20.1% YoY growth in PAT to Rs 14,843 crore and 17.7% YoY growth in NII to Rs 25,339 crore.
- Motilal Oswal said ICICI Bank remains its top Buy in the banking space, with a target price of Rs 1,750.
Q2 Results Live: Citi Maintains Sell On Bajaj Housing Finance; Cuts Target Price To Rs 82
- Citi maintained its Sell rating on Bajaj Housing Finance and cut its target price to Rs 82 from Rs 85.
- The brokerage said AUM growth remained healthy, driven by strong traction in lease rental discounting (LRD), loan against property (LAP) and affordable housing loans.
- Citi noted that disbursement growth remained robust YoY, though sequential growth moderated due to softer demand in the core housing segment.
- NIMs remained largely stable, with lower funding costs offsetting yield pressure in the prime housing portfolio.
- Asset quality remained comfortable, with GNPA and NNPA staying stable, while credit costs normalised but remained within a benign range.
- Management retained its 21-23% AUM growth guidance, though some pressure on margins is expected going forward.
- Citi highlighted that the Sambhav affordable housing business continues to scale rapidly and is emerging as an important growth driver, while the shift towards LRD and Sambhav is supporting overall growth.
- The brokerage flagged rising competition in the prime housing segment, potential impact from proposed insurance commission regulations, and elevated employee costs due to expansion investments as key monitorables.
Q2 Results Live: Imagicaaworld Says Q2 Footfalls Impacted By Monsoon; Outdoor Parks See Seasonal Weakness
- Imagicaaworld Entertainment said Q2 is seasonally a weak quarter for outdoor parks.
- The company said footfalls were impacted by the monsoon during July and August.
- Consolidated footfalls declined 6% YoY to 2.10 lakh visitors from 2.25 lakh in the year-ago quarter.
Q2 Results Live: MetroActiv, Clarks, FILA And Foot Locker Seen As Key Growth Engines
- PL Capital expects future growth to be driven by MetroActiv, Clarks, FILA and Foot Locker, supported by store expansion and a wider product portfolio.
- Online and omni-channel sales contributed about 14% of total revenue and grew 12% YoY during the quarter.
- The brokerage also highlighted Metro Brands' expansion into new cities and accelerated rollout of Walkway stores targeting value-conscious consumers in Tier-2 markets.
- PL Capital expects 13% EPS CAGR over FY26-FY29 and believes downside is limited following the stock's recent correction.
Q2 Results Live: Bhansali Engineering Q2 Profit Jumps 47%; Margins Expand
- Bhansali Engineering Polymers reported Q2 consolidated net profit of Rs 62.5 crore, up 46.7% YoY from Rs 42.6 crore.
- Revenue increased 24% YoY to Rs 403 crore from Rs 325 crore.
- EBITDA rose 60.9% YoY to Rs 79 crore from Rs 49.1 crore.
- EBITDA margin expanded to 19.6% from 15.1% in the corresponding quarter last year.
- The company delivered strong growth across revenue, operating profit and net profit, with margin expansion driving the earnings performance.
Q2 Results Live: Metro Brands Faces Near-Term Challenges Despite Strong Growth Drivers
- PL Capital remains cautious in the near term due to muted store metrics, with sales per store increasing only 1.4% YoY during Q2.
- The brokerage also flagged delays in new-format store openings, supply constraints and persistent inflationary pressures as key watch points.
- It said margin expansion could remain limited because of elevated operating expenses and investments in newer brands.
Q2 Results Live: Metro Brands Revenue Misses Estimates; PAT Beats On Gross Margin Strength
- Metro Brands' revenue grew 12.2% YoY to Rs 730 crore, while adjusted PAT rose 11.9% YoY to Rs 75.8 crore.
- EBITDA increased 15.6% YoY to nearly Rs 197 crore, with EBITDA margin expanding 81 basis points to 27%.
- PL Capital said earnings benefited from healthy gross margins despite revenue coming in below expectations due to the delayed festive season.
Q2 Results Live: Metro Brands Sees Healthy Festive Demand; Maintains FY27 Growth Guidance
- PL Capital retained its Hold rating on Metro Brands with a target price of Rs 924.
- The brokerage said the festive season has started on a positive note, with the company maintaining its FY27 guidance of around 15% revenue growth and 13-15% PAT margin.
- Management expects stronger business momentum in H2 FY27, while Clarks exclusive brand outlets (EBOs) are scheduled for rollout by Q3 FY27.
Q2 Results Live: Lighting Margins Under Pressure Despite Strong Revenue Growth
- Lighting revenue increased 14.3% YoY, supported by growth in ceiling lights, outdoor lighting, LED battens and project business.
- However, Lighting EBIT margin contracted 260 basis points YoY due to execution of previously contracted lower-priced orders.
- Butterfly Gandhimathi Appliances reported 16.6% revenue growth, driven by pressure cookers, mixer grinders, induction cooktops and electric rice cookers.
- ECD EBIT margin expanded 100 basis points to 11.6%, while Butterfly margins declined 40 basis points to 7.4%.
- PL Capital has marginally raised its FY28 and FY29 earnings estimates and retained its positive outlook on the stock.
Q2 Results Live: Crompton's ECD Business Grows 19%; Exports Jump 70%
- ECD revenue grew 19.2% YoY, supported by 40% growth in BLDC fans, double-digit growth in pumps and over 20% growth in small domestic appliances.
- The company's exports surged 70% YoY, led by fans and pumps, with the Middle East, Africa and South Asia driving demand.
- General trade and rural channels posted double-digit growth, while water heaters and several appliance categories gained market share.
- The company has implemented cumulative fan price hikes of 17-18% between January and September 2026 and has passed on about 80% of the increase in costs.
Q2 Results Live: PL Capital Maintains Buy On Crompton Greaves; Sees Strong Growth Momentum
- PL Capital maintained a Buy rating on Crompton Greaves Consumer Electricals with a target price of Rs 294.
- The brokerage said growth momentum continues to strengthen across categories, led by robust performance in the Electrical Consumer Durables (ECD) segment.
- PL Capital expects revenue, EBITDA and PAT to grow at a CAGR of 12.9%, 15% and 15.5%, respectively, over FY26-FY29.
Q2 Results Live: Union Bank Says RBI FX Measures Boosted Liquidity; Margin Improvement Remains Focus Area
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Union Bank of India said RBI measures aimed at boosting foreign exchange inflows have supported system liquidity.
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Management said consistent improvement in margins remains a key priority for the bank going forward.
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The lender highlighted that around 70% of its FCNR(B) deposits are in the five-year maturity bucket, providing longer-tenure funding stability.
Q2 Results Live: Lower Production Costs To Boost Hindustan Zinc Profitability
- Hindustan Zinc is expected to benefit from a lower cost of production, aided by better sulphuric acid realisations.
- The benefit from lower costs is likely to outweigh inflationary pressures and support EBITDA growth.
- Management commentary on metal prices, cost trends and margin sustainability will be key factors for investors to monitor.
Q2 Results Live: Higher Zinc, Lead And Silver Sales Seen Supporting Hindustan Zinc Q2
- Zinc sales volumes are expected to increase 5% YoY, while lead sales volumes are seen rising 13.3% YoY.
- Silver sales are estimated to grow 18% YoY, providing additional support to overall revenue growth.
- Analysts expect stronger metal volumes and favourable commodity prices to drive earnings performance during the quarter.
Q2 Results Live: Hindustan Zinc Q2 EBITDA Seen Rising 5%; Margins Expected To Cross 60%
- Hindustan Zinc is expected to report Q2 revenue of Rs 14,035 crore, up 2.5% QoQ.
- EBITDA is estimated at Rs 8,466 crore, reflecting 5.2% sequential growth, while EBITDA margin is expected to improve to 60.3% from 58.6% in the previous quarter.
- Net profit is estimated at Rs 5,593 crore, up 2.3% QoQ.
- Elevated zinc prices and lower production costs are expected to support profitability during the quarter.
Q2 Results Live: IDBI Capital Expects HDFC Bank Margins To Improve From Q3
- IDBI Capital said HDFC Bank's margins appear to have bottomed out, with repo-linked loan repricing expected to support margin improvement beginning Q3 FY27.
- The brokerage noted that the cost of funds remained flat QoQ at 4.4%, despite the impact of high-cost FCNR deposits.
- Slippages declined to Rs 61 billion from Rs 80 billion in Q1, while credit cost stood at 44 basis points.
- Capitalisation remained strong, with capital adequacy at 18.9% and CET-1 ratio at 17.1%.
- IDBI Capital said investors should monitor the lower CASA ratio, liquidity coverage ratio, proposed insurance commission norms and the strategic direction under the new MD & CEO.
Q2 Results Live: HDFC Bank Sees Strong Loan Momentum; Deposit Mix Remains Key Monitorable
- IDBI Capital said retail assets (excluding agri, payments and FCNR-linked leverage loans) grew 11.3% YoY, compared with 7.9% growth a year ago.
- Business banking growth accelerated to 28.1%, supported by Rs 41,000 crore of ECLGS 5.0 disbursements.
- Average deposits increased 16.8% YoY, although the CASA ratio declined to 32% from 34%.
- The brokerage said faster growth in retail and SME segments should support medium-term earnings growth, while the evolving deposit mix remains an area to watch.
Q2 Results Live: HDFC Bank Delivers Steady Q2; IDBI Capital Retains Buy
- IDBI Capital said HDFC Bank delivered a steady Q2 FY27 performance, supported by healthy balance-sheet growth and stable asset quality.
- The brokerage highlighted 16.4% YoY loan growth and 18.8% YoY deposit growth, with around 4% of deposit growth driven by FCNR(B) inflows.
- NII grew 9.7% YoY to Rs 34,620 crore, while PAT rose 4.7% YoY to Rs 19,510 crore. Excluding treasury trading gains, profit grew 12.6% YoY.
- Gross NPA and Net NPA stood at 1.11% and 0.4%, respectively, reflecting stable asset quality.
- IDBI Capital has maintained its Buy rating on the stock with a target price of Rs 950.
Q2 Results Live: Rossari Biotech Q2 Profit Rises; Saudi Expansion Plans Announced
- Rossari Biotech reported Q2 net profit of Rs 38.9 crore, up 5.4% YoY from Rs 36.9 crore.
- Revenue increased 19% YoY to Rs 698 crore, while EBITDA rose 21.1% YoY to Rs 87.1 crore.
- EBITDA margin improved to 12.5% from 12.3% in the year-ago quarter.
- Export sales grew 33.8% YoY to Rs 216.4 crore.
- The company said its subsidiary will lease land for a greenfield manufacturing unit in Saudi Arabia.
- Net debt declined to Rs 221 crore from Rs 281 crore as of March 2026
Q2 Results Live: Union Bank Q2 Profit Rises 30%; Asset Quality Improves
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Union Bank of India reported Q2 net profit of Rs 5,537 crore, up 30.3% YoY from Rs 4,249 crore.
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Net Interest Income (NII) rose 20% YoY to Rs 10,582 crore from Rs 8,813 crore.
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Net Interest Margin (NIM) stood at 2.86% in Q2FY27, from 2.80% in Q1FY27.
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Operating profit increased 19% YoY to Rs 8,108 crore from Rs 6,814 crore.
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Gross NPA improved to 2.42% from 2.65% in the previous quarter, while Net NPA declined to 0.42% from 0.47%.
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Provisions stood at Rs 701 crore, compared with Rs 979 crore in Q1 FY27 and Rs 1,397 crore in the year-ago quarter.
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The bank's Provision Coverage Ratio (PCR) stood at 95.2% as of Sept. 30.
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The lender reported strong profit growth aided by higher NII, lower provisioning and continued improvement in asset quality.
Q2 Results Live: Oberoi Realty Reports Strong Booking Momentum Despite Flat Profit Growth
- Oberoi Realty reported Q2 net profit of Rs 762 crore, up 0.3% YoY from Rs 760 crore.
- Revenue declined 6.1% YoY to Rs 1,671 crore, while EBITDA remained largely flat at Rs 1,019 crore.
- EBITDA margin expanded to 61% from 57.3% a year ago.
- The company reported Q2 booking value of Rs 9,149.69 crore, while H1 FY27 booking value stood at Rs 10,199.57 crore.
- The booking performance remained a key highlight despite muted growth in reported earnings.
Q2 Results Live: Bajaj Housing Finance Q2 Profit Rises 18%; HSBC Maintains Reduce
- Bajaj Housing Finance reported Q2 net profit of Rs 757 crore, up 17.7% YoY from Rs 643 crore.
- Total income grew 18.3% YoY to Rs 3,251 crore from Rs 2,748 crore.
- HSBC maintained its Reduce rating on the stock with a target price of Rs 76.
- The brokerage said profit beat estimates due to better-than-expected NIMs, while AUM growth remained healthy, driven by LRD, LAP and affordable housing loans.
- HSBC expects NIM compression in FY27 due to rising funding costs and portfolio mix changes, while noting that the Sambhav affordable housing portfolio is expected to become a meaningful part of AUM.
Q2 Results Live: AI Revenue Contribution Rises To 13.4%; Deal Wins Moderate
- AI-related revenue contributed 13.4% of quarterly revenue, compared with 12.2% in Q1 FY27, making LTIMindtree one of the highest AI-revenue contributors among large Indian IT companies.
- Deal TCV came in at $1.26 billion, lower than $1.68 billion in the previous quarter.
- The company said customers are increasingly shifting towards shorter-duration AI-led deals, enabling faster revenue realisation and shorter implementation cycles.
- LTIMindtree added around 1,700 freshers during Q2, compared with roughly 1,300 freshers in Q1 FY27.
Q2 Results Live: HFCL Q2 Profit Surges Over 5-Fold; Margins Expand
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HFCL reported Q2 consolidated net profit of Rs 363 crore, compared with Rs 68 crore in the year-ago quarter.
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Revenue rose to Rs 2,542 crore from Rs 1,043 crore a year earlier.
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EBITDA jumped to Rs 631 crore from Rs 189.8 crore in the corresponding quarter last year.
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EBITDA margin expanded to 24.8% from 18.2% a year ago.
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The company reported strong growth across revenue, operating profit and net profit, with significant margin expansion during the quarter.
Q2 Results Live: LTIMindtree Expects Stronger H2 Recovery; Hi-Tech Business To Rebound In Q3
- LTIMindtree said Q2 growth was impacted by its Saudi Arabia business, with the Middle East business weighing on growth by 60-70 basis points sequentially.
- The Hi-Tech segment declined 4% QoQ in constant currency terms due to seasonal renewals and Middle East-related issues.
- Management expects stronger growth in H2 FY27 and sees a recovery in the Hi-Tech business during Q3.
- The company added that the Randstad acquisition approvals remain on track for Q3 and expects FY27 margins to remain broadly flat.
Q2 Results Live: LTIMindtree Delivers Muted Q2; Net Profit Declines Sequentially
- LTIMindtree reported a muted Q2 FY27 performance, with revenue rising 1.7% QoQ to Rs 11,808 crore and EBIT increasing 2.2% QoQ to Rs 1,839 crore.
- EBIT margin improved marginally to 15.6% from 15.5% in the previous quarter.
- Net profit declined 4.6% QoQ to Rs 1,398 crore, reflecting softer profitability despite revenue growth.
- Management said constant-currency growth came in at 1.1%, compared with 0.3% in the previous quarter.
Q2 Results Live: Cement Price Recovery, Rising Petcoke Costs Key Monitorables For UltraTech
- Cement prices remained volatile during the quarter, with declines seen in July-August before recovering in September.
- Imported petcoke prices have risen to around $176 per tonne, compared with lows of about $132 per tonne in Q1 FY27.
- Analysts expect higher fuel costs to weigh on sequential margins, making commentary on blended EBITDA trends and the impact of rising raw-material costs a key focus area.
- Management's outlook on demand, pricing and profitability in Q3 FY27 will be closely tracked by investors.
Q2 Results Live: UltraTech Cement Volumes Seen Growing 10-11%; Industry Demand Remains Healthy
- Industry cement volumes are expected to grow 7-8% YoY during the quarter.
- UltraTech Cement's consolidated volumes are estimated to rise 10-11% YoY, outpacing industry growth.
- Investors will watch management commentary on demand trends, especially after an uneven monsoon and its impact on rural construction activity.
Q2 Results Live: UltraTech Cement Q2 Profit Seen Rising 26%; Revenue Growth Expected At 14%
- UltraTech Cement is expected to report Q2 revenue of Rs 22,341 crore, up 14% YoY from Rs 19,606 crore.
- Net profit is estimated at Rs 1,556 crore, reflecting 26% YoY growth from Rs 1,231 crore.
- EBITDA is expected to increase 20% YoY to Rs 3,700 crore, while EBITDA margin is seen expanding 80 basis points to 16.6%.
Q2 Results Live: Credit Costs, MSME Stress Key Monitorables For Bajaj Finance
- Loan loss provisions are estimated at Rs 2,134 crore, down 6% YoY but up 7.1% QoQ, indicating some seasonal pressure on credit costs.
- Asset quality is expected to remain broadly stable, with Net NPA estimated at 0.44% versus 0.39% in the previous quarter.
- Analysts will closely monitor stress trends in the MSME and small business portfolio, while commentary on the impact of recent rate hikes and credit costs in H2 FY27 will remain key focus areas.
Q2 Results Live: Bajaj Finance Q2 Profit Seen Rising 32%; NII Growth To Stay Strong
- Bajaj Finance is expected to report Q2 net profit of Rs 6,416 crore, up 31.6% YoY and 7.2% QoQ.
- Net Interest Income (NII) is estimated at Rs 13,333 crore, reflecting 23.6% YoY growth, while operating profit is expected to rise 20.8% YoY to Rs 10,721 crore.
- Analysts expect NIMs to remain broadly stable, supported by improving yields and a revival in unsecured lending.
- Loan growth and profitability are likely to be aided by continued strength in the unsecured lending business.
Q2 Results Live: Top Earnings To Track Today
Bajaj Finance, HFCL, Hindustan Zinc, IREDA, L&T Technology Services, Nelco, Piramal Finance, SML Mahindra, Sobha, UltraTech Cement, Union Bank of India and Waaree Renewable Technologies will be among the key earnings announcements to watch.
Q2 Results Live: Welcome To The Live Coverage Of September Quarter Earnings
Aerpace Industries, Aksharchem India, A-One Steels India, Bajaj Finance, Bhansali Engineering Polymers, Bloom Industries, Delta Corp, Elevate Campuses, Gallantt Ispat, GOCL Corporation, HFCL, Hindustan Zinc, Indian Renewable Energy Development Agency (IREDA), Jaiprakash Power Ventures, Just Dial, Koura Fine Diamond Jewelry, L&T Technology Services, Malt Land Distilleries, Modern Steels, Melstar Information Technologies, Mangalam Global Enterprise, Modern Dairies, Nelco, Ontic Finserve, Piramal Finance, Quint Digital, Shri Niwas Leasing and Finance, SML Mahindra, Sobha, Tatva Chintan Pharma Chem, UltraTech Cement, Union Bank of India, Varmora Granito, Waaree Renewable Technologies and Yash Management & Satellite are scheduled to announce their Q2 FY27 results on Monday, October 19, 2026.
Stay tuned to this Q2 Results Live blog for the latest earnings announcements, financial performance, management commentary and market reaction throughout the day.
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