Q2 Results Live: IRCTC Profit Falls 23%, Ola Electric Narrows Loss Of Rs 362 Crore, Revenue Falls; Oil India Profit Falls 36%
The September-quarter earnings season continues with results due from Hindustan Aeronautics, IRCTC, Oil India, Ola Electric, Vodafone Idea, Bharat Dynamics, NMDC, Page Industries, Alkem Laboratories and several other companies. Stay tuned for latest updates!
- Author: Khushi Maheshwari, Prajwal Jayaraj
- Markets
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Nov 12, 2026 18:27 pm IST
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Published On Nov 12, 2026 09:36 am IST
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Last Updated On Nov 12, 2026 18:27 pm IST
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A busy day on the earnings calendar will see companies across defence, railways, telecom, metals, pharmaceuticals, consumer goods and financial services announce their September-quarter results. Key earnings due today include Hindustan Aeronautics (HAL), IRCTC, Oil India, Ola Electric, Vodafone Idea, Bharat Dynamics, NMDC, Page Industries, Alkem Laboratories, Amber Enterprises, Manappuram Finance and Hitachi Energy India. Follow this live blog for the latest results, management commentary, margin trends, order book updates and key corporate announcements.
Q2 Results Live: Dollar Industries Q2 Net Profit Rises 2% To Rs 35.8 Crore, Revenue Grows 14%
Dollar Industries Q2 Results Highlights (Cons, YoY)
- Net Profit Up 1.7% at Rs 35.8 crore vs Rs 35.2 crore YoY
- Revenue Up 14.3% at Rs 539 crore vs Rs 472 crore YoY
- Ebitda Up 0.4% at Rs 60.5 crore vs Rs 60.3 crore YoY
- Ebitda Margin at 11.2% vs 12.8% YoY
Q2 Results Live: Oswal Pumps Q2 Net Profit Falls 59% To Rs 39.6 Crore, Revenue Declines 6%
Oswal Pumps Q2 Results Highlights (Cons, YoY)
- Net Profit Down 59.4% at Rs 39.6 crore vs Rs 97.5 crore YoY
- Revenue Down 6.2% at Rs 506 crore vs Rs 540 crore YoY
- Ebitda Down 55.2% at Rs 57.3 crore vs Rs 128 crore YoY
- Ebitda Margin at 11.3% vs 23.7% YoY
Q2 Results Live: IRCTC Q2 Net Profit Falls 23% To Rs 264 Crore Despite 16% Revenue Growth
IRCTC Q2 Results Highlights (Cons, YoY)
- Net Profit Down 22.9% at Rs 264 crore vs Rs 342 crore YoY
- Revenue Up 16.3% at Rs 1,333 crore vs Rs 1,146 crore YoY
- Ebitda Up 0.9% at Rs 408 crore vs Rs 404 crore YoY
- Ebitda Margin at 30.6% vs 35.3% YoY
Q2 Results Live: SP Apparels Q2 Net Profit Rises 6% To Rs 37 Crore, Revenue Grows 6%
SP Apparels Q2 Results Highlights (Cons, YoY)
- Net Profit Up 5.7% at Rs 37 crore vs Rs 35 crore YoY
- Revenue Up 5.9% at Rs 452 crore vs Rs 427 crore YoY
- Ebitda Up 6% at Rs 66.8 crore vs Rs 63 crore YoY
- Ebitda Margin Flat at 14.8% YoY
Q2 Results Live: TD Power Q2 Net Profit Doubles To Rs 123.7 Crore, Revenue Surges 86%
TD Power Q2 Results Highlights (Cons, YoY)
- Net Profit at Rs 123.7 crore vs Rs 60.2 crore YoY
- Revenue Up 86.1% at Rs 841 crore vs Rs 452 crore YoY
- Ebitda at Rs 173.1 crore vs Rs 81.9 crore YoY
- Ebitda Margin at 20.6% vs 18.1% YoY
Q2 Results Live: Bonfiglioli Transmissions Q2 Net Profit Rises 38% To Rs 87 Crore, Revenue Grows 30%
Bonfiglioli Transmissions Q2 Results Highlights (YoY)
- Net Profit Up 38.1% at Rs 87 crore vs Rs 63 crore YoY
- Revenue Up 30.2% at Rs 660 crore vs Rs 507 crore YoY
- Ebitda Up 37.7% at Rs 128.3 crore vs Rs 93.2 crore YoY
- Ebitda Margin at 19.4% vs 18.4% YoY
Q2 Results Live: Dilip Buildcon Profit Down 46%, Revenue Rises
Dilip Buildcon Q2 Results Highlights (Cons, YoY)
- Net Profit Down 45.5% at Rs 98.9 crore vs Rs 181.5 crore YoY
- Revenue Up 16.8% at Rs 2,250 crore vs Rs 1,926 crore YoY
- Ebitda Down 6.9% at Rs 438.7 crore vs Rs 471 crore YoY
- Ebitda Margin at 19.5% vs 24.5% YoY
Q2 Results Live: EMS Q2 Net Profit Jumps 51% To Rs 23.4 Crore, Revenue Grows 24%
EMS Q2 Results Highlights (Cons, YoY)
- Net Profit Up 51% at Rs 23.4 crore vs Rs 15.5 crore YoY
- Revenue Up 23.6% at Rs 194 crore vs Rs 157 crore YoY
- Ebitda Up 39.2% at Rs 36.2 crore vs Rs 26 crore YoY
- Ebitda Margin at 18.7% vs 16.6% YoY
Q2 Results Live: IFCI Q2 Net Profit Rises 4% To Rs 149 Crore Despite Decline In Total Income
IFCI Q2 Results Highlights (Cons, YoY)
- Net Profit Up 4.2% at Rs 149 crore vs Rs 143 crore YoY
- Total Income Down 2.4% at Rs 734 crore vs Rs 752 crore YoY
Q2 Results Live: Manappuram Finance Q2 Net Profit Jumps To Rs 701 Crore, Total Income Rises 48%; Declares Interim Dividend
Manappuram Finance Q2 Results Highlights (Cons, YoY)
- Net Profit at Rs 701 crore vs Rs 220 crore YoY
- Total Income Up 48.2% at Rs 3,372 crore vs Rs 2,275 crore YoY
- Declares Interim Dividend of Rs 1 per share.
Q2 Results Live: Hitachi Energy Profit Rises 21% To Rs 318 Crore, Revenue Surges 64%; Misses Profit, Ebitda Estimates
Hitachi Energy Q2 Results Highlights (YoY)
- Net Profit Up 20.5% at Rs 318 crore vs Rs 264 crore YoY; estimate of Rs 359 crore
- Revenue Up 63.5% at Rs 2,997 crore vs Rs 1,833 crore YoY; estimate of Rs 2,740 crore
- Ebitda Up 35.7% at Rs 406.8 crore vs Rs 299.7 crore YoY; estimate of Rs 448 crore
- Ebitda Margin at 13.6% vs 16.4% YoY; estimate of 16.35%
Q2 Results Live: RCF Q2 Net Profit Rises 25% To Rs 131 Crore, Ebitda Jumps 41%; Revenue Falls 4%
RCF Q2 Results Highlights (Cons, YoY)
- Net Profit Up 24.8% at Rs 131 crore vs Rs 105 crore YoY
- Revenue Down 4.4% at Rs 5,063 crore vs Rs 5,293 crore YoY
- Ebitda Up 40.6% at Rs 302 crore vs Rs 215 crore YoY
- Ebitda Margin at 6% vs 4.1% YoY
Q2 Results Live: Fiem Industries Q2 Net Profit Rises 32% To Rs 84 Crore, Revenue Grows 31%
Fiem Industries Q2 Results Highlights (Cons, YoY)
- Net Profit Up 31.9% at Rs 84 crore vs Rs 63.7 crore YoY
- Revenue Up 31% at Rs 937.3 crore vs Rs 715.4 crore YoY
- Ebitda Up 32.2% at Rs 130.9 crore vs Rs 99 crore YoY
- Ebitda Margin at 14% vs 13.8% YoY
Q2 Results Live: Oil India Q2 Profit Falls 36% To Rs 2,309 Crore, Revenue Down 8%; Declares Interim Dividend
Oil India Q2 Results Highlights (Cons, QoQ)
- Profit Down 36.4% at Rs 2,309 crore vs Rs 3,630 crore QoQ
- Revenue Down 7.5% at Rs 11,535 crore vs Rs 12,503 crore QoQ
- Ebitda Down 31.4% at Rs 3,971 crore vs Rs 5,792 crore QoQ
- Ebitda Margin at 34.4% vs 46.3% QoQ
Q2 Results: Bondada Engineering Profit Up 10%, Revenue Falls
Bondada Engineering Q2 Results Highlights (Cons, YoY)
- Net Profit Up 9.9% at Rs 57.5 crore vs Rs 52.3 crore YoY
- Revenue Up 9.9% at Rs 724 crore vs Rs 659 crore YoY
- Ebitda Up 8.2% at Rs 84.9 crore vs Rs 78.5 crore YoY
- Ebitda Margin at 11.7% vs 11.9% YoY
Q2 Results: Premier Explosives Profit Down 33%, Revenue Jumps 92%
Premier Explosives Q2 Results Highlights (Cons, YoY)
- Net Profit Down 32.6% at Rs 12 crore vs Rs 17.8 crore YoY
- Revenue Up 91.8% at Rs 145 crore vs Rs 75.6 crore YoY
- Ebitda at Rs 17 crore vs Rs 6.6 crore YoY
- Ebitda Margin at 11.7% vs 8.7% YoY
Q2 Results Live: Page Industries Shares Hit Lower Circuit Post Results

Q2 Results Live: Page Industries Profit Rises, Dividend Declared
Page Industries (Q2, YoY)
- Net profit up 3.8% to Rs 202.5 crore versus Rs 195 crore.
- Revenue up 11.5% to Rs 1,439.6 crore versus Rs 1,290.9 crore.
- Ebitda up 7.4% to Rs 300.2 crore versus Rs 279.5 crore.
- Margin at 20.9% versus 21.7%.
- Board declared second interim dividend of Rs 150/share.
Q2 Results Live: Man Industries Net Profit Doubles, Margin Expands
Man Industries (Q2, Consolidated YoY)
- Net profit at Rs 82 crore versus Rs 37 crore.
- Revenue up 45.1% to Rs 1,210 crore versus Rs 834 crore.
- Ebitda up 77.9% to Rs 183.2 crore versus Rs 103 crore.
- Margin at 15.1% versus 12.4%.
- To invest $110 million to set up a manufacturing unit in the US.
Q2 Results Live: Tarsons Products Slips To Loss
Tarsons Products (Q2, Consolidated YoY)
- Net loss at Rs 0.3 crore versus profit of Rs 3.3 crore.
- Revenue up 20.8% to Rs 124 crore versus Rs 102 crore.
- Ebitda up 13.3% to Rs 31.1 crore versus Rs 27.5 crore.
- Margin at 25.1% versus 26.8%.
Q2 Results Live: Alkem Laboratories Profit Slips, Revenue Rises
Alkem Laboratories (Q2, Consolidated YoY)
- Net profit down 11.8% to Rs 675 crore versus Rs 765 crore.
- Revenue up 13.8% to Rs 4,552 crore versus Rs 4,001 crore.
- Ebitda up 11.3% to Rs 1,025 crore versus Rs 921 crore.
- Margin at 22.5% versus 23%.
- Reported a one-time gain of Rs 35 crore in Q2.
Q2 Results Live: Mukand Net profit Plunges Over 56%
Mukand (Q2, Consolidated YoY)
- Net profit down 56.6% to Rs 4.3 crore versus Rs 9.9 crore.
- Revenue up 13.3% to Rs 1,315 crore versus Rs 1,161 crore.
- Ebitda down 22% to Rs 42.6 crore versus Rs 54.6 crore.
- Margin at 3.2% versus 4.7%.
Q2 Results Live: P&G Hygiene And Health Care Profit Slips
P&G Hygiene and Health Care (Q2, YoY)
- Net profit down 6.7% to Rs 196 crore versus Rs 210 crore.
- Revenue down 0.5% to Rs 1,145 crore versus Rs 1,150 crore.
- Ebitda down 8.7% to Rs 260 crore versus Rs 285 crore.
- Margin at 22.7% versus 24.8%.
Q2 Results Live: Bharat Dynamics Margin Narrows Sharply, Profit Meets Expectations
Bharat Dynamics (Q2, YoY)
- Net profit down 15.3% to Rs 183 crore versus Rs 216 crore. (Estimate: Rs 186 crore)
- Revenue up 45.1% to Rs 1,664 crore versus Rs 1,147 crore. (Estimate: Rs 1,023 crore)
- Ebitda down 46.1% to Rs 101 crore versus Rs 187.4 crore. (Estimate: Rs 162 crore)
- Margin at 6.1% versus 16.3%. (Estimate: 15.8%)
- Other income at Rs 167 crore versus Rs 121 crore.
- Tax expense at Rs 62.7 crore versus Rs 71.7 crore.
Q2 Results Live: HAL's Margin Miss Drags Stock Down
HAL posted an Ebitda margin of 22.8% in the quarter under review, as against street expectations of 25.7%. The defense PSU had clocked a margin of 23.5% in the year-ago period.
After the results, the stock plunged over 4% to Rs 4,736 apiece.
Q2 Results Live: HD Fire Protect Profit Jumps Over 41%
HD Fire Protect (Q2, YoY)
- Net profit up 41.5% to Rs 29 crore versus Rs 20.5 crore.
- Revenue up 28.3% to Rs 127 crore versus Rs 99 crore.
Q2 Results Live: HAL Net Profit, Revenue Rise; Meet Estimates
HAL (Q2, Consolidated YoY)
- Net profit up 16% to Rs 1,936 crore versus Rs 1,669 crore. (Estimate: Rs 1,899 crore)
- Revenue up 14.8% to Rs 7,613 crore versus Rs 6,629 crore. (Estimate: Rs 7,483 crore)
- Ebitda up 11.6% to Rs 1,739 crore versus Rs 1,558 crore. (Estimate: Rs 1,924 crore)
- Margin at 22.8% versus 23.5%. (Estimate: 25.7%)
Q2 Results Live: Caplin Point Labs Profit Rises Over 15%, Margins Flat
Caplin Point Laboratories (Q2, Consolidated YoY)
- Net profit up 15.6% to Rs 178 crore versus Rs 154 crore.
- Revenue up 18% to Rs 630 crore versus Rs 534 crore.
- Ebitda up 18% to Rs 223.7 crore versus Rs 189.6 crore.
- Margin unchanged at 35.5%.
Q2 Results Live: Kwality Pharma Net Profit Doubles
Kwality Pharmaceuticals (Q2, YoY)
- Net profit at Rs 29 crore versus Rs 14.1 crore.
- Revenue up 63% to Rs 181.2 crore versus Rs 111.1 crore.
- Ebitda up 96% to Rs 49.8 crore versus Rs 25.4 crore.
- Margin at 27.5% versus 22.9%.
Q2 Results Live: Krishna GVK Net Profit Slides, Even As Revenue Surges 56%
Krishna GVK (Q2, Consolidated YoY)
- Net profit down 3.6% to Rs 26.6 crore versus Rs 27.6 crore.
- Revenue up 56.1% to Rs 167 crore versus Rs 107 crore.
- Ebitda up 48.2% to Rs 49.5 crore versus Rs 33.4 crore.
- Margin at 29.6% versus 31.2%.
Krishna GVK is the erstwhile Taj GVK Hotels & Resorts.
Q2 Results Live: Rane Holdings Net Profit Zooms Multifold
Rane Holdings (Q2, Consolidated YoY)
- Net profit at Rs 201 crore versus Rs 23.5 crore.
- Revenue up 35.3% to Rs 1,893 crore versus Rs 1,399 crore.
Q2 Results Live: Astra Microwave Products Profit Grows 2X
Astra Microwave Products (Q2, Consolidated YoY)
- Net profit at Rs 51.1 crore versus Rs 23.9 crore.
- Revenue up 22% to Rs 263 crore versus Rs 215 crore.
- Ebitda up 84% to Rs 88 crore versus Rs 48 crore.
- Margin at 33.4% versus 22.3%.
Q2 Results Live: Nava Net Profit More Than Doubles, Margin Expands Sharply
Nava (Q2, Consolidated YoY)
- Net profit at Rs 315 crore versus Rs 130 crore.
- Revenue up 29.9% to Rs 1,252 crore versus Rs 964 crore.
- Ebitda up 51.7% to Rs 478 crore versus Rs 315 crore.
- Margin at 38.13% versus 32.65%.
- Other income at Rs 83 crore versus Rs 26 crore.
Q2 Results Live: HAL Shares Trade Higher Ahead Of Results
Hindustan Aeronautics Ltd.'s stock surged over 1% to a high of Rs 5,010 apiece on the NSE. The shares pared gains to trade 0.82% higher at Rs 4,949 by 11:55 a.m.
Q2 Results Live: Data Centres, BESS Outlook In Focus For Hitachi Energy
Management commentary on emerging growth areas and margin risks will be the key focus when Hitachi Energy announces its Q2 results.
Investors will watch for updates on the company's expanding offerings in the data centre and BESS segments, which continue to see strong investment activity. Any commentary on the impact of a slowdown in global AI-related capital expenditure will also be closely monitored.
The market will also look for management's assessment of commodity price trends, competitive intensity, and the ramp-up timeline for the new Vadodara transformer facility, which is expected to contribute from FY28.
Hitachi Energy Q2 Preview: Backlog Execution Seen Driving Growth
Hitachi Energy India is expected to report a healthy performance in the September quarter, supported by execution of its record order backlog and sustained demand from the power sector.
The company is estimated to report revenue of Rs 2,740 crore, EBITDA of Rs 448 crore, and profit after tax of Rs 359 crore. EBITDA margin is expected at 16.35%.
Growth is likely to be driven by strong execution of the company's Rs 32,200 crore order backlog, while order inflows are expected to remain robust across utilities, renewable energy integration projects, battery energy storage systems (BESS) and data centres.
Q2 Results Live: Tejas Deliveries, Order Pipeline Key Focus Areas For HAL
While HAL's Q2 earnings are expected to be strong, investors will focus on execution updates and delivery timelines across key defence programmes.
Key monitorables include progress on Tejas Mk1A deliveries, pending radar and missile integration clearances, and execution of the HTT-40, ALH and Su-30 upgrade programmes.
Investors will also watch for updates on conversion of HAL's Rs 90,000 crore order pipeline, growth in the MRO business, supply-chain trends and management's confidence in achieving its FY27 EBITDA margin guidance of 30-31%.
Q2 Results Live: What To Expect From Hindustan Aeronautics?
Hindustan Aeronautics Ltd. is expected to report a healthy set of earnings for the September quarter, aided by higher aircraft and helicopter deliveries, growth in its repair and overhaul business, and improving manufacturing execution.
According to Bloomberg estimates, revenue is expected to rise 13% year-on-year to Rs 7,483 crore from Rs 6,629 crore. EBITDA is seen growing 23% to Rs 1,924 crore from Rs 1,558 crore, while EBITDA margin is likely to expand by 220 basis points to 25.7% from 23.5% a year earlier.
Net profit is estimated at Rs 1,899 crore, up 14% from Rs 1,669 crore in the corresponding period last year.
The quarter is expected to benefit from higher deliveries of HTT-40 trainer aircraft, Dhruv NG helicopters and LCA FOC twin-seat trainers. Improvement in supplies of GE F404 engines and progress on the Tejas Mk1A programme are also expected to support investor sentiment.
Apart from manufacturing, HAL's repair and overhaul (ROH) business is likely to provide a steady revenue base during the quarter. Analysts expect a combination of manufacturing ramp-up and a favourable product mix to support both revenue growth and margin expansion.
Good Morning!
Hello corporate enthusiasts! This is Khushi and I am back to give you all earnings-related updates through the day. After a lighter Wednesday, we seem to have a jam-packed Thursday on the Q2 results front.
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