Q2 Results Live: Tata Power Profit Up 49% On One Time Gain; Garden Reach Profit Rises 12%; Bajaj Hindusthan Sugar Loss Widens
The September-quarter earnings season continues with results due from Tata Power, Garden Reach Shipbuilders & Engineers, Hindustan Copper, Triveni Turbine, Power Mech Projects and other companies.
- Author: Khushi Maheshwari, Riya Alex
- Markets
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Nov 11, 2026 18:08 pm IST
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Published On Nov 11, 2026 07:08 am IST
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Last Updated On Nov 11, 2026 18:08 pm IST
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Several companies, including Tata Power, Garden Reach Shipbuilders & Engineers (GRSE), Hindustan Copper, Triveni Turbine, National Fertilizers, Power Mech Projects, Mishra Dhatu Nigam, DCX Systems, Cupid and EIH Associated Hotels, are scheduled to announce their September-quarter earnings today. Follow this live blog for the latest results, management commentary and key announcements from India Inc.
Q2 Results Live: Triveni Turbine Profit Slips 42%
Triveni Turbine (Q2 FY27, Consolidated, YoY)
- Net profit down 41.6% to Rs 53.3 crore from Rs 91.2 crore.
- Revenue down 3% to Rs 491 crore from Rs 506 crore.
- EBITDA down 44.8% to Rs 63.1 crore from Rs 114 crore.
- EBITDA margin at 12.9% versus 22.6% YoY.
- Enhances corporate guarantee to its subsidiary by $6 million.
Q2 Results Live: DCX Systems Loss Narrows
DCX Systems (Q2 FY27, Consolidated, YoY)
- Net loss narrows to Rs 0.3 crore from Rs 9 crore YoY.
- Revenue down 27.5% to Rs 140 crore from Rs 193 crore.
- EBITDA loss narrows to Rs 1.1 crore from Rs 12.5 crore YoY.
Q2 Results Live: Tata Power Profit Up 49% On One Time Gain
Tata Power (Q2 FY27, Consolidated, YoY)
- Net profit up 48.6% to Rs 1,366 crore from Rs 919 crore.
- One-time gain of Rs 119 crore in Q2.
- Revenue up 26.3% to Rs 19,636 crore from Rs 15,545 crore.
- EBITDA up 11.1% to Rs 3,667 crore from Rs 3,302 crore.
- EBITDA margin at 18.7% versus 21.2% YoY.
Q2 Results Live: Mishra Dhatu Nigam Revenue Rises 41%
Mishra Dhatu Nigam (Q2 FY27, Consolidated, YoY)
- Net profit at Rs 27.8 crore versus Rs 13 crore YoY.
- Revenue up 41% to Rs 296 crore from Rs 210 crore.
- EBITDA up 54.3% to Rs 50.3 crore from Rs 32.6 crore.
- EBITDA margin at 17% versus 15.5% YoY.
Q2 Results Live: EIH Associated Hotels Profit Rises 36%
EIH Associated Hotels (Q2 FY27, YoY)
- Net profit up 35.7% to Rs 3.8 crore from Rs 2.8 crore.
- Revenue up 17.7% to Rs 68.6 crore from Rs 58.3 crore
Q2 Results Live: Earnings A Key Trigger For Bank Nifty's Jump
The banking sector has taken center stage on Dalal Street this month as the Nifty Bank index climbed as much as 12% month-to-date (MTD) in November 2026. One of the key drivers for this surge is strong second-quarter results, meeting street expectations on core operating profit and loan book expansion.
Q2 Results Live: Garden Reach Shipbuilders Profit Rises 12%
Garden Reach Shipbuilders (Q2 FY27, YoY)
- Net profit up 11.7% to Rs 172 crore from Rs 154 crore.
- Revenue up 8.9% to Rs 1,827 crore from Rs 1,677 crore.
- EBITDA up 25.6% to Rs 196 crore from Rs 156 crore.
- EBITDA margin at 10.7% versus 9.3% YoY.
Handover
All right investors. That's it from my end, I will see you all tomorrow. For the rest of the day, my colleague Riya will keep you up to date with all the latest earnings.
Q2 Results Live: Power Mech Profit Rises 12%, Revenue Jumps 30%
Power Mech Projects (Q2, Consolidated YoY)
- Net profit up 12% to Rs 84 crore versus Rs 75 crore.
- Revenue up 30% to Rs 1,609 crore versus Rs 1,238 crore.
- Ebitda up 22.6% to Rs 179 crore versus Rs 146 crore.
- Margin at 11.1% versus 11.8%.
Q2 Results Live: EAAA India Alternatives Profit Jumps 27%
EAAA India Alternatives (Q2, YoY)
- Net profit up 27% to Rs 88.1 crore versus Rs 69.4 crore.
- Total income up 14% to Rs 280 crore versus Rs 246 crore.
Q2 Results Live: Bajaj Hindusthan Sugar Net Loss Widens, Revenue Slides
Bajaj Hindusthan Sugar (Q2, Consolidated YoY)
- Net loss at Rs 121 crore versus loss of Rs 105 crore.
- Revenue down 16.3% to Rs 968 crore versus Rs 1,157 crore.
- Ebitda loss at Rs 43 crore versus loss of Rs 54.3 crore.
Q2 Results Live: Orient Green Power Net Profit Flat, But Margin Expands
Orient Green Power (Q2, YoY)
- Net profit at Rs 80.6 crore versus Rs 80.4 crore.
- Revenue up 9% to Rs 143 crore versus Rs 131 crore.
- Ebitda up 13% to Rs 113 crore versus Rs 100 crore.
- Margin at 79% versus 76.2%.
Q2 Results Live: Distribution Business Expectations From Tata Power
Tata Power's transmission and distribution business is expected to post modest growth, aided by improving operational performance across Odisha and Delhi distribution circles. EBITDA from the segment is estimated to rise 1% year-on-year, supported by lower aggregate technical and commercial losses in Odisha.
Q2 Results Live: Tata Power's Solar Manufacturing Business Seen Supporting Sept Quarter Growth
The company's newly commissioned solar cell and module manufacturing facilities are likely to contribute meaningfully to earnings during the quarter. Analysts expect module production of around 1 GW and cell production of approximately 0.9 GW in Q2.
Solar manufacturing EBITDA margin is estimated at 22%, lower than 26% in the year-ago period, though the segment is still expected to remain a significant contributor to profitability.
At the consolidated level, Tata Power is expected to report a 21% increase in both revenue and EBITDA, with net profit likely to rise 28% year-on-year. Growth is expected to be led by the standalone business, thermal operations, renewable energy assets and the solar manufacturing division.
The company's diversified portfolio spanning conventional power generation, renewable energy, power distribution and solar manufacturing is likely to help offset pressure from the transition away from third-party solar EPC projects, supporting overall earnings growth during the quarter.
Q2 Results Live: Tata Power's Renewable Units Expected To Charge Up Earnings
The company's thermal and hydro power businesses are expected to be key growth drivers. The Mundra plant continued to operate under the supplementary power purchase agreement during the quarter, while Section 11 support for untied capacity remained in place. As a result, EBITDA from the thermal and hydro segment is expected to surge 104% year-on-year.
What To Expect From Tata Power In Q2?
Tata Power Co. Ltd. is expected to report a strong set of September-quarter earnings, driven by robust performance in its thermal power business, renewable energy portfolio and solar manufacturing operations.
Revenue is estimated to rise 21% year-on-year to Rs 18,806 crore from Rs 15,543 crore, while EBITDA is seen increasing 21% to Rs 3,983 crore from Rs 3,302 crore. EBITDA margin is likely to remain largely stable at 21.2%, compared with 21% a year ago.
Net profit is expected to grow 28% to Rs 1,173 crore from Rs 919 crore in the corresponding quarter last year.
Q2 Results Live: Titagarh Rail Net Profit Surges Over 49%, Even As Revenue Slips
Titagarh Rail Systems (Q2, Consolidated YoY)
- Net profit up 49.2% to Rs 63.2 crore versus Rs 42.3 crore.
- Revenue down 0.8% to Rs 793 crore versus Rs 799 crore.
- Ebitda up 27.9% to Rs 107 crore versus Rs 83.6 crore.
- Margin at 13.5% versus 10.5%.
Q2 Results Live: Rentomojo Net Profit Plunges Nearly 63%, Margin Stays Little Changed
Rentomojo (Q2, Consolidated YoY)
- Net profit down 62.6% to Rs 18.2 crore versus Rs 48.6 crore.
- Revenue up 52.8% to Rs 142 crore versus Rs 93 crore.
- Ebitda up 51.9% to Rs 57.2 crore versus Rs 37.6 crore.
- Margin at 40.2% versus 40.4%.
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