Q2 results today: TVS Motor, Jindal Steel, Tata Capital, 58 more on Oct 28
Q2FY26 company results: Firms including Adani Green Energy, Blue Dart Express, Mahindra & Mahindra Financial Services, and Icra are also to release their July-September quarter earnings reports today
Domestic equities are expected to take cues from September manufacturing and industrial output data, the monthly F&O expiry, and Q2 earnings releases, alongside mixed global trends | File Photo: Bloomberg
4 min read Last Updated : Oct 28 2025 | 9:18 AM IST
TVS Motor Company, Adani Green Energy, Jindal Steel, Blue Dart Express, Mahindra & Mahindra Financial Services, Icra, and Shree Cement are among the major companies scheduled to announce their July–September quarter (Q2FY26) earnings on Monday.
Other firms expected to declare results include Tata Capital, Computer Age Management Services, Novartis India, CreditAccess Grameen, Aditya Birla Real Estate, CarTrade Tech, and Premier Energies.
JK Tyre & Industries Q2 results highlight
JK Tyre & Industries Ltd reported a 62.3 per cent year-on-year (Y-o-Y) rise in consolidated net profit to ₹226.86 crore for Q2FY26, up from ₹139.75 crore a year earlier, driven by strong revenue growth.
Revenue from operations increased to ₹4,011.31 crore from ₹3,621.56 crore, while total expenses rose to ₹3,714.05 crore from ₹3,433.55 crore in the same period last year, the company said in a filing.
Indian Oil Q2 results highlight
Indian Oil Corporation (IOCL) posted a consolidated net profit of ₹7,817.55 crore for Q2FY26, compared to a net loss of ₹169.58 crore a year earlier, boosted by higher refining margins and lower crude prices. Sequentially, profit increased 14.7 per cent from ₹6,813.71 crore.
Revenue from operations stood at ₹2.06 trillion, up 3.9 per cent Y-o-Y, though lower than ₹2.2 trillion in the previous quarter. Total expenses fell to ₹1.96 trillion from ₹2.01 trillion last year.
The company’s gross refining margin (GRM) jumped to $19.6 per barrel in Q2 from $1.59 a year earlier. The average GRM for April–September rose to $6.32 per barrel from $4.08. IOCL refined 17.61 million metric tonnes (MMT) of crude during the quarter, up from 16.74 MMT last year.
Market outlook for October 28
Domestic equities are expected to take cues from September manufacturing and industrial output data, the monthly F&O expiry, and Q2 earnings releases, alongside mixed global trends.
At 7:00 am, GIFT Nifty futures were trading 45 points lower at 26,059, indicating a soft opening for Indian markets.
In Asia, markets traded lower ahead of US President Donald Trump’s meeting with Japan’s new Prime Minister Sanae Takaichi. The Nikkei slipped 0.25 per cent, Topix 0.49 per cent, Kospi 1.4 per cent, and ASX 200 0.31 per cent.
On Wall Street, indices hit fresh record highs — the S&P 500 rose 1.23 per cent, Nasdaq 1.86 per cent, and Dow Jones Industrial Average 0.71 per cent — as investors awaited Big Tech earnings, the US Federal Reserve’s rate decision, and progress on a potential US-China trade deal.