Q2 Results Today LIVE: Infosys, Tata Motors, Adani Power, BPCL, SBI Card Among 75 Firms To Declare Earnings

Atul Ltd, CRISIL, CSB Bank, Cubex Tubings, Geojit Financial Services, GNA Axles, Godrej Properties, Hypersoft Technologies, JK Tyre & Industries, Jupiter Life Line Hospitals, Mahindra Logistics, Mastek, NESCO, Newgen Software Technologies, Ramco Systems, Runwal Enterprises, Shakti Pumps, Shree Digvijay Cement, Shree Cement, Suvidha Infraestate Corporation, Supreme Petrochem, Steel Strips Wheels, and Starlit Power Systems, will also announce their Q2 results today.

• Loan growth to be supported by strong disbursements in retail, VF, MFI and SME.
• Deposit growth to be strong aided by FCNR(B); CASA ratio may moderate.
• Cost control and operating efficiency expected to limit opex growth.
• Fee income growth to remain healthy. Treasury Income may see some pressure.
• NIMs to face pressure due to FCNR(B)- liquidity surplus; drag could be temporary
• Asset quality to slight improvement; lower slippages and credit costs to be under control

Key Monitorables:

• FCNR(B) deployment
• Margin Recovery Trajectory
• Stress Situation in MFI segment

IndusInd Bank Q2FY27 Preview

• PAT estimated at Rs 951 crore vs Loss of Rs 444.79 crore
• Net Interest Income seen up 2.86% at Rs 4,536 crore vs Rs 4,410 crore YoY
• NIM expected to fall 9 bps to 3.48% from 3.57% QoQ
• PPOP estimated rising 24.36% to Rs 2,522 crore from Rs 2,028 crore YoY
• NNPA seen at 0.88% vs 0.95 %, down 7 bps QoQ
   

• Brokerages expect Infosys CC revenue to be between 1.2% to 1.7% QoQ (vs 1% in Q1)
• CC growth including 0.5% inorganic and 0.5% boost from absence of provision
• Guidance cut on the cards, JPM expects guidance cut to -0.5% to 0.5% ( vs 1.5%-3.0% currently)
• AI revenue update, Q1FY27 it was at $417mn (8.2% of quarter revenue)
• Large Deal TCV expected between $2.5-3 bn (Vs $3.6bn in Q1)
• Commentary on BFSI, AI deflation & European market
   

Infosys Q2 Results Preview (QoQ):

• Net profit expected to rise 1.8% at Rs 7,905 crore vs Rs 7,769 crore 
• Revenue expected to rise 1.9% at Rs 49,135 crore vs Rs 48,211 crore
• EBIT expected to rise 2.4% at Rs 10,408 crore vs Rs 10,163 crore
• EBIT margin expected at 21.18% vs 21.08%, up 10 bps

(Source: Bloomberg)

CG Power and Industrial Solutions, Coforge, Oracle Financial Services Software, DCB Bank, Shriram Finance, Torrent Pharmaceuticals, UTI Asset Management Company, Westlife Foodworld and Jana Small Finance Bank.

A total of 75 companies will declare their Q2 results today. These include key firms like Infosys, Tata Motors, Adani Power, Bharat Petroleum Corporation Ltd (BPCL), SBI Cards and Payment Services, SBI Funds Management, IndusInd Bank, Dr. Reddy’s Laboratories, JSW Steel, Jindal Steel, Bank of India, among others.