Corporate Earnings

State-owned power giant NTPC on Friday posted a nearly 13 per cent rise in its consolidated net profit to Rs 6,896.44 crore for the April-June quarter compared to the year-ago period mainly on the back of higher revenues. The consolidated net profit was Rs 6,108.46 crore in the quarter ended on June 30, 2025, an exchange filing stated. Total income rose to Rs 51,141.51 crore in the quarter from Rs 47,821.11 crore in the same period a year ago.

Total expenses rose 14.7 per cent to ₹6,248.25 crore, outpacing reported revenue growth; Cipla also changed the presentation of promotional spending in its accounts

Other income included a ₹149.60 crore fair-value gain, while the board approved raising up to ₹1,000 crore through debt instruments, commercial paper or other borrowings

Net regulatory deferral shifted to income of ₹28.55 crore from an expense of ₹503.89 crore a year earlier; EPS before this movement rose 37.2 per cent

Early Q1FY27 results show corporate profit growth at an 11-quarter high, led by banks, Reliance Industries, IT services and metal companies

Net interest income grows 12.7 per cent, provisions fall 31 per cent and gross NPAs improve as advances rise nearly 20 per cent year-on-year

Net interest income rises 18 per cent, advances grow 18.3 per cent and gross NPAs fall to 1.3 per cent as the lender reports broad-based business momentum

Net interest income increased 6.7 per cent YoY to ₹33,535 crore in Q1FY27 from ₹31,438 crore a year earlier

Net interest income rose 12.3 per cent to ₹29,177.13 cr, while NIM rose marginally to 4.36; consolidated advances grew 19.6 per cent to ₹17.29 trillion, and deposits were up 14 per cent to ₹18.70 trn

Yes Bank reported a 34 per cent increase in June quarter net profit to ₹1,070 crore, driven by robust loan growth, higher net interest income and steady growth in deposits

Axis Bank reported better-than-expected June quarter earnings as higher net interest income and lower provisions lifted profit, while loan growth remained supported by improving credit demand

Revenue from operations rose 9.8% to ₹47,364 crore, while profit before tax doubled to ₹6,160 crore and expenses increased 3.7%

Consumer electrical goods maker Havells India Ltd on Friday reported a 16.64 per cent decline in consolidated net profit at Rs 289.71 crore in the first quarter ended June 30, 2026, hit by higher raw material and input costs due to West Asia war and higher spending on advertising and promotion. The company had posted a consolidated net profit of Rs 347.53 crore in the corresponding quarter last fiscal, Havells India Ltd said in a regulatory filing. Revenue from operations in the first quarter stood at Rs 6,518.19 crore as against Rs 5,455.35 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 6,180.06 crore as compared to Rs 5,054.78 crore in the corresponding period a year ago, the company said. Cost of raw materials and components consumed shot up to Rs 4,023.54 crore in the first quarter as compared to Rs 3,012.26 crore in the same period last fiscal. Advertisement and sales promotion expenses were at Rs 286.51 crore in the first

Public sector lender Central Bank of India on Friday reported a 13 per cent growth in net profit to Rs 1,324 crore for the June quarter. The lender had earned a net profit of Rs 1,169 crore in the same quarter of the previous fiscal year. The total income rose to Rs 10,678 crore during the June 2026 quarter from Rs 10,360 crore in the same period of FY26, Central Bank of India said in a regulatory filing. During the quarter, interest earned by the bank improved to Rs 9,691 crore compared to Rs 8,589 crore in the June quarter of FY26. However, the bank's operating profit declined to Rs 2,186 crore from Rs 2,304 crore in the year-ago period. The bank's asset quality witnessed improvement with gross non-performing assets (NPAs) moderating to 2.60 per cent of gross advances at the end of the June quarter, from 3.13 per cent a year ago. Net NPAs of the bank remained stable at 0.49 per cent at the end of June 30, 2026. As a result, provisions for bad loans declined significantly to Rs

The SMID segment, analysts' caution, is now the most crowded trade in the Indian stock markets.

Billionbrains Garage Ventures Ltd, the parent company of the digital investment platform Groww, on Wednesday reported a 94.3 per cent year-on-year increase in consolidated Profit After Tax (PAT) to Rs 735.04 crore for the quarter ended June 30. Bengaluru-headquartered company had earned a PAT of Rs 378.35 crore in the corresponding period last year. The company's revenue from operations rose 66 per cent to Rs 1,501.42 crore during the April-June quarter of FY27 from Rs 904.40 crore a year earlier, according to a stock exchange filing. On a sequential basis, revenue from operations remained largely flat at Rs 1,501.42 crore, compared with Rs 1,505.37 crore in the January-March quarter of FY26. PAT, however, increased from Rs 686.36 crore in the preceding quarter. Total expenses increased to Rs 555.68 crore from Rs 444.67 crore in the year-ago period. Shares of the company were trading 3.7 per cent higher at Rs 211.4 on the BSE in the afternoon trade.

TechM Q1 Preview: On average, analysts expect Tech Mahindra to post a growth of 40 per cent or more for Q1 FY27 as ramp-up in large deals could push revenue by 15 per cent.

Reliance Industries, Hindalco Industries and ONGC are expected to lead the growth charts in revenue

The oil market, Shah of Kotak AMC said, is signalling that supplies could get constrained again, which may lead to another increase in prices. All this will impact how equity markets play out.

The recovery seen in the Indian stock markets on Thursday, analysts said, was more on account of value buying at lower levels, but advise investors stay cautious.