Q2 results today: BHEL, L&T, Coal India, Varun Beverages, 63 more on Oct 29

Q2FY26 company results: Firms including LIC Housing Finance, Ixigo, United Breweries, NTPC Energy, HPCL, and NMDC are also to release their July-September quarter earnings reports today

Varun Beverages, Apollo Pipes, LIC Housing Finance, Bharat Heavy Electricals, RailTel Corporation of India, CG Power and Industrial Solutions, Larsen & Toubro, Le Travenues Technology, and PB Fintech are scheduled to announce their earnings report for the second quarter (Q2) of the financial year 2025-26 (FY26).

 

Some other companies that are expected to declare their Q2 results today include NLC India, Radico Khaitan, Sanofi India, United Breweries, Laxmi Organic Industries, Quess Corp, APL Apollo Tubes, NTPC Green Energy, Brigade Enterprises, Coal India, and NMDC. 

TVS Motor Q2 result highlights

TVS Motor Company reported a 42 per cent year-on-year rise in net profit to ₹795.48 crore in Q2FY26, compared to ₹560.49 crore in the same period last year, supported by record two- and three-wheeler sales. 

 

 

Total income rose 25 per cent to ₹14,037 crore from ₹11,229.5 crore in Q2FY25. Revenue from operations increased 24 per cent to ₹14,051.22 crore. The company cited GST 2.0 implementation and a strong festive season, which lifted industry demand by 24 per cent, while TVS’ volumes grew around 32 per cent.

 

Overall sales, including exports, hit a record 1.51 million units, up 23 per cent from 1.23 million units a year ago.

L&T Q2 results preview

Larsen & Toubro (L&T) is set to announce its Q2FY26 results today. Analysts tracked by Business Standard expect strong year-on-year growth, supported by steady execution and order flows.

 

The company’s revenue is projected to rise 16.3 per cent to around ₹71,617 crore from ₹61,555 crore in Q2FY25, while profit after tax is seen increasing 21.4 per cent to ₹4,123 crore, according to consensus estimates. 

 

Average brokerage estimates also suggest Ebitda may grow 11.9 per cent year-on-year to ₹7,119 crore.

 

Key factors to watch include domestic order ramp-up, progress in converting the international order pipeline, margin performance, and trends in working capital requirements.

Market overview for October 29

US Fed rate decision, Q2 earnings and mixed global cues are likely to guide Sensex and Nifty today.

 

At 7:07 am, GIFT Nifty futures were 50 points lower at 26,140, hinting at a firm start. 

In Asian markets, Japan’s Nikkei gained over 1 per cent to a fresh record as markets awaited the US Federal Reserve’s policy outcome, with expectations of a second straight 25 bps rate cut to 3.75-4 per cent. The Topix was flat, Kospi rose 0.17 per cent, while Australia’s ASX 200 slipped 0.16 per cent after Q3 inflation hit 3.2 per cent. Hong Kong remained shut for holidays.

 

On Wall Street, all major indices clocked new intraday highs, with the S&P 500 up 0.23 per cent, Nasdaq gaining 0.80 per cent, and 0.34 per cent rise for Dow.

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List of firms releasing Q2 FY26 results on October 29

1. 63 Moons Technologies Ltd
2. Advance Agrolife Ltd
3. Anjani Foods Ltd
4. Apar Industries Ltd
5. APL Apollo Tubes Ltd
6. Apollo Pipes Ltd
7. Astec Lifesciences Ltd
8. Bharat Heavy Electricals Ltd
9. Bodhtree Consulting Ltd
10. Brigade Enterprises Ltd
11. Capital Small Finance Bank Ltd
12. Capri Global Capital Ltd
13. CG Power and Industrial Solutions Ltd
14. CMI Ltd
15. Coal India Ltd
16. Dhanlaxmi Bank Ltd
17. Integra Essentia Ltd
18. Everest Industries Ltd
19. Expo Engineering And Projects Ltd
20. Fino Payments Bank Ltd
21. Five-Star Business Finance Ltd
22. Focus Business Solution Ltd
23. PNGS Gargi Fashion Jewellery Ltd
24. Goa Carbon Ltd
25. HeidelbergCement India Ltd
26. Hindustan Petroleum Corporation Ltd
27. Hybrid Financial Services Ltd
28. Le Travenues Technology Ltd (Ixigo)
29. JK Agri Genetics Ltd
30. Justo Realfintech Ltd
31. Kaycee Industries Ltd
32. Khaitan Chemicals & Fertilizers Ltd
33. LIC Housing Finance Ltd
34. Larsen & Toubro Ltd
35. Laxmi Organic Industries Ltd
36. Mayank Cattle Food Ltd
37. Mahanagar Gas Ltd
38. Mold-Tek Packaging Ltd
39. New Delhi Television Ltd
40. Indo National Ltd
41. NLC India Ltd
42. NMDC Ltd
43. NMDC Steel Ltd
44. NTPC Green Energy Ltd
45. PB Fintech Ltd
46. Quess Corp Ltd
47. Radico Khaitan Ltd
48. Music Broadcast Ltd
49. RailTel Corporation of India Ltd
50. Raymond Lifestyle Ltd
51. Regency Fincorp Ltd
52. Rushabh Precision Bearings Ltd
53. Sagility Ltd
54. Steel Authority of India Ltd
55. Sanofi India Ltd
56. Satin Creditcare Network Ltd
57. SKM Egg Products Export (India) Ltd
58. South West Pinnacle Exploration Ltd
59. Surana Solar Ltd
60. Transport Corporation of India Ltd
61. TCI Finance Ltd
62. United Breweries Ltd-$
63. Vaibhav Global Ltd
64. Varun Beverages Ltd
65. V-Guard Industries Ltd
66. VST Industries Ltd
67. Walchand Peoplefirst Ltd