Q2 Results Highlights: MRPL Profit Doubles, ICICI Lombard Profit Rises 15%, Declares Dividend
Q2 Results Highlights: BHEL, CEAT, Aditya Birla Money, and Canara Bank among 27 companies announced their Q2 FY27 earnings today, October 14. Track every earnings update live on NDTV Profit.
Q2 Results Live Updates: Ardi Alliances Ltd., Aurique Ltd., Bacil Pharma Ltd., Bajaj Consumer Care Ltd., Bharat Heavy Electricals Ltd., Aditya Birla Money Ltd., Canara Bank, CEAT Ltd., Elecon Engineering Company Ltd., Emmvee Photovoltaic Power Ltd., Billionbrains Garage Ventures Ltd., Hathway Cable & Datacom Ltd., HDB Financial Services Ltd., ICICI Lombard General Insurance Company Ltd., Indus Finance Ltd., Mangalore Refinery and Petrochemicals Ltd., Naturo Indiabull Ltd., Polycon International Ltd., Rajasthan Tube Manufacturing Company Ltd., Reliance Industrial Infrastructure Ltd., SecUR Credentials Limited, Sona Selection India Limited, Sulabh Engineers & Services Limited, Tata Technologies Limited, Leela Palaces Hotels & Resorts Limited, TTL Enterprises Limited, and Viji Finance Limited.are scheduled to announce their Q2 FY27 results on Wednesday, October 14, 2026.
Canara Bank, BHEL, ICICI Lombard, CEAT, Bajaj Consumer Electricals and Groww will be among the key earnings announcements to watch.
Stay tuned to this Q2 Results Live blog for the latest earnings announcements, financial performance, management commentary and market reaction throughout the day.
The updates to this blog have ended.
Q2 Results Live: MRPL Profit Doubles
MRPL (Q2 FY27, QoQ)
- Net profit at Rs 1,901 crore versus Rs 946 crore QoQ
- EBITDA at Rs 3,279 crore versus Rs 1,317 crore QoQ.
- EBITDA margin at 10.1% versus 3.4% QoQ.
Q2 Results Live: ICICI Lombard Profit Rises 15%
ICICI Lombard (Q2 FY27, YoY)
- Net profit up 15.4% to Rs 946 crore from Rs 820 crore.
- Net premium earned up 17.7% to Rs 6,652 crore from Rs 5,652 crore.
- To pay interim dividend of Rs 7 per share.
Q2 Results Live: Emmvee Photovoltaic Profit Up 60%
Emmvee Photovoltaic (Q2 FY27, YoY)
- Net profit up 60.5% to Rs 382 crore from Rs 238 crore.
- Revenue up 39.3% to Rs 1,576 crore from Rs 1,131 crore.
- EBITDA up 39.3% to Rs 556 crore from Rs 399 crore.
- EBITDA margin flat at 35.3% YoY.
Q2 Results Live: CEAT Net Profit Slips
CEAT (Q2 FY27, YoY)
- Net profit down 39.8% to Rs 112 crore from Rs 186 crore.
- Revenue up 26.2% to Rs 4,762 crore from Rs 3,773 crore.
- EBITDA down 9.1% to Rs 457 crore from Rs 503 crore.
- EBITDA margin at 9.6% versus 13.3% YoY.
Q2 Results Live: Bajaj Consumer Profit Jumps 66%
Bajaj Consumer (Q2 FY27, YoY)
- Net profit up 65.9% to Rs 70.2 crore from Rs 42.3 crore.
- Revenue up 25.5% to Rs 333 crore from Rs 265 crore.
- EBITDA up 72.1% to Rs 82.3 crore from Rs 47.8 crore.
- EBITDA margin at 24.7% versus 18% YoY.
Q2 Results Live: HDB Financial Declares Dividend
Along with financial results for the second quarter of current fiscal, HDB Financial Services Ltd declared an interim dividend of Rs 2 per equity share, as per an exchange filing from the company on Wednesday.
Q2 Results Live: Tata Technologies Profit Slips
Tata Technologies (Q2 FY27, QoQ)
- Net profit down 5.19% to Rs 171 crore from Rs 181 crore.
- Revenue up 2% to Rs 1,699 crore from Rs 1,665 crore.
- EBIT down 1.2% to Rs 219 crore from Rs 222 crore.
- EBIT margin at 12.9% versus 13.3% QoQ.
Q2 Results Live: HDB Financial Profit Up 34%
HDB Financial Services (Q2 FY27, YoY)
- Net profit up 34.3% to Rs 780 crore from Rs 581 crore.
- Revenue up 10.1% to Rs 5,005 crore from Rs 4,545 crore.
- To pay interim dividend of Rs 2 per share.
Q2 Results Live: Landmark Cars Business Update
Landmark Cars (Q2 FY27 Business Update, YoY)
Revenue up 17.3% to Rs 1,943 crore YoY.
Q2 Results Live: Leela Palaces Profit Rises 26.5%
Leela Palaces (Q2 FY27, YoY)
- Net profit up 26.5% to Rs 94.6 crore from Rs 74.7 crore.
- Revenue up 32.5% to Rs 412 crore from Rs 311 crore.
- EBITDA up 36% to Rs 188 crore from Rs 138 crore.
- EBITDA margin at 45.6% versus 44.4% YoY.
Q2 Results Live: BHEL Q2 Results Report Sharp Improvement
Bharat Heavy Electricals Ltd. reported a sharp improvement in its September quarter performance, with net profit, revenue, and Ebitda beating estimates.
Q2 Results Live: BHEL Board Approves Additional Thermal, Nuclear Manufacturing Capacity
- BHEL board has approved additional thermal, nuclear manufacturing capacity
- Approves additional capacity at Haridwar for Rs 500 crore.
- BHEL okays merging Electrical Machines Repair Plant (EMRP) unit with Electronics Division (EDN) unit.
Q2 Results Live: Elecon Engineering Q2 Order Intake Rises 8%; Gear Division Revenue Up 11%
- Consolidated order intake increased 8.4% YoY to Rs 746 crore during Q2 FY27.
- The company's gear division revenue grew 10.6% YoY to Rs 488 crore.
- Order inflows and growth in the gear business supported overall business momentum during the quarter.
Q2 Results Live: Elecon Engineering Margins Expand; EBITDA Grows 18%
- EBITDA rose 17.8% YoY to Rs 148 crore from Rs 126 crore.
- EBITDA margin expanded to 23.1% from 21.7% in the year-ago quarter, reflecting improved operating performance.
- Margin expansion outpaced revenue growth during the quarter.
Q2 Results Live: Elecon Engineering's Q2 Revenue Rises 11%; Profit Up 10%
- Elecon Engineering reported Q2 consolidated revenue of Rs 639 crore, up 10.6% year-on-year from Rs 578 crore.
- Net profit increased 9.9% YoY to Rs 96.4 crore from Rs 87.7 crore.
- The company delivered double-digit growth in both revenue and profit during the quarter.
Q2 Results Live: Power, Industrial Segments Drive BHEL's Q2 Outperformance
- Power business revenue rose 17% YoY to Rs 6,638 crore, while Power EBIT increased 44% YoY to Rs 858 crore.
- Industrial business revenue jumped 45% YoY to Rs 2,662 crore.
- Industrial EBIT surged 85% YoY to Rs 519 crore.
- Following the earnings announcement, BHEL shares hit a record high of Rs 460.90 apiece.
Q2 Results Live: BHEL Shares Hit Record High After Q2 Results
- BHEL shares were in demand, with the scrip rallying as much as 4.27% to hit a fresh record high of Rs 460.90 apiece
Q2 Results Live: BHEL Margins Expand Sharply; EBITDA Tops Expectations
- EBITDA surged 76.7% YoY to Rs 1,026 crore from Rs 581 crore.
- EBITDA margin expanded to 11% from 7.7% in the year-ago quarter.
- The margin performance was better than the Street estimate of 10.1%.
- Other income increased to Rs 253 crore from Rs 175 crore a year ago.
Q2 Results Live: BHEL Q2 Profit More Than Doubles, Beats Street Estimates
- BHEL reported Q2 net profit of Rs 821 crore, compared with Rs 375 crore a year ago.
- The profit figure was ahead of the Street estimate of Rs 756 crore.
- Revenue rose 23.8% YoY to Rs 9,300 crore from Rs 7,512 crore, also surpassing the estimate of Rs 8,319 crore.
Q2 Results Live: BHEL Q2 Results
BHEL Q2 (CONS)
- Net Profit At Rs 821 crore Vs Estimate Of Rs 756 crore
- Revenue At Rs 9,300 crore Vs Estimate Of Rs 8,319 crore
- Ebitda At Rs 1,026 crore Vs Estimate Of Rs 843 crore
- Ebitda Margin At 11% Vs Estimate Of 10.1%
Q2 Results Live: Order Inflows, Margin Quality To Be Key Monitorables For BHEL
- While no major Q2 order wins have been disclosed on exchanges so far, investors will closely watch fresh order inflows.
- The margin profile of newly secured thermal power orders will be a focus area.
- Working capital management and cash-flow performance are also expected to feature prominently in management commentary.
Q2 Results Live: Adani-Linked Orders Seen Supporting BHEL's Q2 Execution
- Execution of Adani-linked projects is expected to contribute to BHEL's Q2 growth performance.
- Investors will monitor execution progress across the Power & Industry segments during the earnings announcement.
- Project conversion and execution speed remain key earnings drivers.
Q2 Results Live: Higher-Margin Project Execution May Boost BHEL Profitability
- Analysts expect BHEL's EBITDA margin to improve to 10.1%, an expansion of 240 basis points YoY.
- The improvement is likely to be driven by increased execution of higher-margin projects and better fixed-cost absorption.
- Gross margin trends will remain a key monitorable in the quarter.
Q2 Results Live: BHEL Q2 Revenue Seen Rising 11%; Profit May More Than Double
- BHEL is expected to report Q2 revenue of Rs 8,319 crore, up 10.7% YoY.
- EBITDA is estimated at Rs 843 crore, reflecting 45% YoY growth.
- Profit after tax is expected to rise 106% YoY to Rs 756 crore.
Q2 Results Live: BHEL's Rs 2.6 Lakh Crore Order Book Provides Strong Revenue Visibility
- BHEL enters Q2 FY27 with an order book of Rs 2.6 lakh crore, providing strong revenue visibility over the medium term.
- Continued ordering activity in the thermal power segment is expected to support execution momentum across the power business.
Q2 Results Live: Tata Elxsi Reports Broad-Based Growth; Margins Expand Despite Wage Hikes
- Tata Elxsi reported a mixed Q2 FY27 performance, with revenue rising 3.4% QoQ to Rs 1,056 crore from Rs 1,021 crore.
- EBIT increased 7.3% QoQ to Rs 207.8 crore, while EBIT margin expanded 70 basis points to 19.7% from 19%, despite salary revisions during the quarter.
- Net profit remained largely flat at Rs 170.3 crore, compared with Rs 170.6 crore in Q1 FY27.
- The company reported constant-currency revenue growth of 2.3% QoQ, supported by growth across all major business verticals.
Q2 Results Live: High Base, Commission Paper Could Weigh On Growth Ahead
- Despite a strong first half, PL Capital expects APE growth of 9% in FY27 and 8% in FY28.
- The brokerage said growth could moderate due to a high base in H2 FY26 and uncertainty surrounding the proposed commission consultation paper.
- Nevertheless, PL Capital expects product mix improvements and operating efficiencies to continue supporting profitability over the medium term.
Q2 Results Live: Groww Q2 Profit Slips Sequentially; Income Remains Largely Stable
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Billionbrains Garage Ventures (Groww) reported a Q2 consolidated net profit of Rs 726 crore, down 1.2% QoQ from Rs 735 crore.
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Total income declined 0.5% sequentially to Rs 1,541 crore from Rs 1,549 crore in the previous quarter.
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Other income came in at Rs 39 crore, compared with Rs 47.3 crore in Q1.
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The results come amid expectations of pressure on derivatives-related revenue following recent regulatory changes, with investors likely to track commentary on broking activity, wealth management growth and user engagement.
Q2 Results Live: PL Capital Raises VNB Margin Estimates After Strong H1 Performance
- PL Capital has increased its FY27 and FY28 VNB margin estimates by 20 basis points and 30 basis points, respectively.
- The brokerage cited stronger-than-expected performance from margin-accretive products such as annuity and protection, along with ongoing cost optimisation initiatives.
- Management remains focused on growing absolute VNB through higher profitability, longer-tenure products, increased sum assured and greater rider attachment.
Q2 Results Live: ICICI Life Insurance VNB Margin Expands To 25.5%
- Value of New Business (VNB) increased 20.3% YoY to Rs 710 crore in Q2 FY27.
- VNB margin improved by around 100 basis points YoY to 25.5%, supported by a favourable product mix and operating efficiencies.
- For H1 FY27, VNB margin stood at 26%, compared with 24.5% in the corresponding period last year.
Q2 Results Live: Non-Linked Business Recovery Gains Pace At ICICI Life Insurance
- PL Capital highlighted a recovery in the non-linked savings business, with non-par products contributing 40% of the mix, compared with a larger share from participating products earlier.
- Management indicated that annuity and protection products will continue to be the company's key growth engines.
- Product mix in Q2 comprised 45% linked products, 19% non-linked, 7% annuity, 9% group business and 20% protection.
Q2 Results Live: ICICI Life Insurance Reports Strong APE Growth Led By Annuity, Protection
- ICICI Life Insurance reported Q2 APE growth of 15.5% YoY to Rs 280 crore, driven by strong growth in annuity ( 65% YoY) and protection ( 33% YoY) segments.
- The brokerage said protection demand continued to benefit from GST-led tailwinds, while annuity remained a key growth driver.
- ULIP growth was relatively subdued at 6.7% YoY amid volatile equity markets.
Q2 Results Live: Canara Bank Q2 Profit Rises 8%; Asset Quality Improves Further
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Canara Bank reported a Q2 net profit of Rs 5,175 crore, up 8.4% year-on-year from Rs 4,774 crore.
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Net Interest Income (NII) rose 20% YoY to Rs 11,004 crore from Rs 9,141 crore, driven by growth in the loan book and interest earnings.
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Gross NPA improved to 1.33% as of Sept. 30, from 1.57% in the previous quarter, while Net NPA declined to 0.30% from 0.36%.
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Provision Coverage Ratio (PCR) stood at 95.34% as of Sept. 30, reflecting strong provisioning buffers.
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Provisions fell to Rs 1,782 crore, compared with Rs 2,354 crore a year ago and Rs 2,080 crore in the previous quarter.
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Other income came in at Rs 5,772 crore, compared with Rs 7,054 crore in the year-ago period.
Q2 Results Live: PL Capital Reiterates 'Buy' On ICICI Life Insurance; Raises Target Price To Rs 725
- PL Capital has reiterated its 'Buy' rating on ICICI Life Insurance and raised its target price to Rs 725 after rolling forward valuations to FY29E.
- The brokerage said valuations remain undemanding and now values the insurer at 1.4x FY29E P/EV.
Q2 Results Live: Wage Hikes May Pressure Tata Technologies Margins
- Analysts expect wage hikes to weigh on Tata Technologies' profitability during the quarter.
- However, rupee depreciation could provide a partial offset to margin pressure.
- Investors will look for management commentary on margin recovery, deal pipeline and demand visibility across transportation and engineering verticals.
Q2 Results Live: Tata Technologies Revenue Growth Seen Steady; Margins Under Watch
- Tata Technologies is expected to report Q2 revenue of Rs 1,708 crore, up 2.8% from Rs 1,664 crore in the previous quarter.
- Net profit is estimated to rise 8.9% to Rs 196 crore from Rs 180 crore.
- EBIT margin is expected at 13.54%, down from 15.47%, implying a contraction of 193 basis points.
- Commentary on European automotive demand, new project wins and client spending trends will be closely monitored.
Q2 Results Live: ICICI Lombard Premium Growth Seen Healthy, Profit May Decline
- ICICI Lombard General Insurance is expected to report gross written premium of Rs 7,487 crore, compared with Rs 7,058 crore a year earlier.
- Net premium earned is estimated at Rs 5,940 crore versus Rs 5,313 crore last year.
- Profit after tax is expected to decline to Rs 773 crore from Rs 820 crore.
- Analysts expect the loss ratio to improve on better underwriting, though the combined ratio may rise because of higher motor third-party provisioning.
Q2 Results Live: Groww's Broking Revenue Seen Under Pressure From CAS Implementation
- Groww is expected to report Q2 revenue of Rs 1,458 crore, compared with Rs 1,473 crore in the previous quarter.
- EBITDA is estimated at Rs 912 crore versus Rs 999 crore QoQ, while PAT is seen at Rs 680 crore against Rs 735 crore.
- Derivatives revenue is expected to decline sequentially following the implementation of CAS.
- Wealth-management performance will be a key monitorable to offset pressure in the broking business.
Q2 Results Live: BHEL Profit Seen Doubling On Strong Execution, Margin Expansion
- BHEL is expected to report Q2 revenue of Rs 8,319 crore, up 10.7% YoY.
- EBITDA is estimated to rise 45% YoY to Rs 843 crore, while profit after tax is expected to jump 106% YoY to Rs 756 crore.
- Analysts expect margins to improve as the company executes a higher proportion of high-margin projects.
- A Rs 2.6 lakh crore order book and continued thermal power ordering are expected to provide strong revenue visibility.
Q2 Results Live: Hero Motors Profit More Than Doubles; Margin Expands To 11.2%
- Hero Motors reported Q1 consolidated net profit of Rs 10.2 crore, compared with Rs 4.7 crore in the year-ago period.
- Revenue grew 24.9% YoY to Rs 319 crore from Rs 256 crore.
- EBITDA surged 93% YoY to Rs 35.9 crore from Rs 18.6 crore.
- EBITDA margin expanded to 11.2% from 7.3% a year ago.
Q2 Results Live: SS Retail Profit Climbs 60%; Revenue Rises 55%
- SS Retail reported Q1 net profit of Rs 23.9 crore, up 60.4% YoY from Rs 14.9 crore.
- Revenue increased 54.5% YoY to Rs 770 crore from Rs 498 crore.
- EBITDA rose 47.7% YoY to Rs 44.6 crore from Rs 30.2 crore.
- EBITDA margin stood at 5.8%, compared with 6.1% a year ago.
Q2 Results Live: Tata Elxsi Margins Improve; Profit Remains Flat Sequentially
- Tata Elxsi reported Q2 revenue of Rs 1,056 crore, up 3.4% QoQ from Rs 1,021 crore.
- EBIT rose 7.3% QoQ to Rs 207.8 crore.
- EBIT margin improved to 19.7% from 19% in Q1.
- Net profit was largely unchanged at Rs 170.3 crore versus Rs 170.6 crore in the previous quarter.
Q2 Results Live: Anand Rathi Shares Profit Rises 79% QoQ
- Anand Rathi Shares & Stock Brokers reported Q2 net profit of Rs 41.9 crore, up 79.1% QoQ from Rs 23.4 crore.
- Total income increased 10.9% QoQ to Rs 274 crore from Rs 247 crore.
Q2 Results Live: TARIL Profit Surges 135%; Margin Expands Sharply
- TARIL reported Q2 consolidated net profit of Rs 79.8 crore, compared with Rs 33.9 crore a year ago.
- Revenue jumped 60.7% YoY to Rs 739 crore from Rs 460 crore.
- EBITDA rose to Rs 129 crore from Rs 51.5 crore.
- EBITDA margin expanded to 17.4% from 11.2% in the year-ago quarter.
Q2 Results Live: Canara Bank, BHEL, CEAT, Groww Among Key Earnings To Watch Today
Investors will track quarterly earnings from Canara Bank, BHEL, CEAT, Groww and ICICI Lombard on Wednesday, October 14, as the Q2 FY27 results season continues. Bajaj Consumer Care, Tata Technologies, Mangalore Refinery and Petrochemicals and other companies are also scheduled to announce their results.
Follow this live blog for company-wise earnings updates, profit and revenue trends, margin movements and the market reaction to the latest numbers.
Q2 Results Live: Welcome To The Live Coverage Of September Quarter Earnings
Welcome to NDTV Profit’s Q2 Results Live coverage for Wednesday, October 14, 2026. A total of 27 companies, including Bharat Heavy Electricals Ltd. (BHEL), Canara Bank, Groww, CEAT and ICICI Lombard General Insurance, are scheduled to announce their Q2 FY27 financial results today.
Stay tuned for the latest earnings announcements, key financial figures, management commentary and stock-specific developments as companies report their quarterly performance.
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