Q2 Results Live: HUL Net Profit At 2,790 Crore; Vedanta Rises Ahead Of Earnings; TVS Motor, JSW Energy Also In Focus

• EBITDA is estimated at Rs 10,007 crore, with EBITDA margin expected at 15.6%.
• Analysts expect standalone realisations to decline by around Rs 600 per tonne QoQ, reflecting lower steel prices.
• EBITDA per tonne is expected to decline by about Rs 1,200 per tonne to Rs 16,500 per tonne.
• Commentary on higher coking coal prices, cost pressures and margin outlook will be among the key monitorables during the earnings call.

• Analysts expect poor volumes at Tata Steel Europe to weigh on overall performance during the quarter.
• In the UK business, both volumes and pricing are expected to remain subdued.
• However, stronger pricing in the Netherlands operations is likely to partly cushion the weakness in the UK business.
• Investors will closely track management commentary on the recovery timeline for the European and UK operations.

• Hindustan Unilever Ltd. (HUL) reported Q2 net profit of Rs 2,790 crore, marginally ahead of the Street estimate of Rs 2,784 crore.

• Revenue came in at Rs 18,226 crore, surpassing estimates of Rs 17,582 crore.

• EBITDA stood at Rs 4,089 crore, higher than the estimated Rs 4,018 crore.

• However, EBITDA margin came in at 22.4%, below the Street expectation of 23.1%.

• The consumer goods major delivered a beat on revenue, profit and operating profit, though margins came in below estimates.

• HUL Profit At Rs 2,790 crore
• Revenue At Rs 18,226 crore
• Underlying Volume Growth at 7% 

• Tata Steel is expected to report Q2 consolidated revenue of Rs 64,152 crore, with PAT estimated at Rs 3,144 crore.
• Analysts expect the company to deliver a resilient performance from its India operations, supported by stronger domestic volumes.
• Standalone steel volumes are expected to grow 16% QoQ to 6 million tonnes, partially offsetting weakness in overseas operations.

• EBITDA is estimated at Rs 1,929 crore, up 6% YoY, while EBITDA margin is expected to decline to 13.3% from 15% a year ago.
• Management had earlier guided for margins in the 14-16% range, despite facing an estimated 4.5% impact from commodity inflation.
• Investors will closely track commentary on input costs, pricing actions and margin recovery, with the company having indicated a marginal uptick in inflationary pressures during Q2 FY27.

• Hero MotoCorp is expected to report Q2 revenue of Rs 14,481 crore, up 19% YoY from Rs 12,126 crore.
• Total sales are estimated to have increased 10% YoY to 18.6 lakh units during the quarter.
• Net profit is expected at Rs 1,493 crore, up 7% YoY from Rs 1,393 crore, supported by healthy volume growth and price hikes.

• HUL's EBITDA is estimated at Rs 4,018 crore, up 7.7% YoY, while EBITDA margin is seen at 23.1% versus 23% a year ago.
• Net profit is expected to increase 3.6% YoY to Rs 2,784 crore from Rs 2,685 crore.
• Investors will closely track management commentary on raw material inflation, margin outlook, pricing actions and demand recovery, particularly across rural markets.

• Hindustan Unilever Ltd. (HUL) is expected to report Q2 revenue of Rs 17,582 crore, up 8.2% YoY from Rs 16,241 crore.
• Analysts expect revenue growth to be largely price-led, with volume growth likely to remain in the mid-single-digit range.
• Key monitorables include the pace of rural demand recovery, urban consumption trends, and the balance between pricing growth and underlying volume expansion.

Hindustan Unilever, Vedanta, TVS Motor Company, Hyundai Motor India, Hero MotoCorp, JSW Energy, United Spirits, Pidilite Industries, PVR INOX, Adani Enterprises, Meesho and KPIT Technologies 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.