Strong first-quarter volumes suggest the market is moving beyond cyclical expansion towards a deeper and more resilient funding ecosystem
Federal Bank posted a strong growth in profitability and core earnings, driving investor interest in the counter.
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
Share price of ICICI Bank hit a 11-month high, gaining 2.2% at ₹1,450 on the BSE in Friday's intra-day deals ahead of its Q1FY27 earnings on Saturday.
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
Central Bank of India reported a 13.3% YoY growth in net profit, backed by 3.1% increase in total income. However, the bank's NPA jumped by 31.1%.
However, despite recovery from lows, the Nifty IT index underperformed the market by falling 22 per cent, as against a 7.2 per cent decline in the Nifty 50 thus far in CY2026.
Polycab India traded with a loss of 4% on Friday despite reported upbeat Q1 earnings. Analysts at JM Financial maintain a 'Buy', while Equirus assign an 'Add' rating on the stock.
Brokerages said that TechM's Q1 revenue and margins exceeded estimates, and strong deal TCV provides strong revenue visibility.
Jio Financial share price remains 16.44 per cent lower for the year so far - set for its worst annual performance since listing in 2023, shows data.
Thus far in the calendar year 2026, RIL underperformed the market by falling 16 per cent, as compared to 8.7 per cent decline in the BSE Sensex.
Ceat stock plunged to a low of ₹3,471 on the NSE after the company's consolidated net profit dropped by 96.4 per cent to ₹4 crore owing to forex losses.
Analysts at ICICI Securities have a 'Buy' rating on BHEL stock with a fair value of ₹575 as they expect revenue and PAT to grow at a CAGR of 30.5 per cent and 90 per cent over FY26-FY28E.
RBI's measures to attract foreign currency inflows are expected to improve liquidity and support lending margins as major private sector banks, including HDFC and Axis Bank, report Q1 earnings
Wipro's net profit in the first quarter rose less than a per cent to ₹3,325 crore, compared to a year earlier even as revenue rose 10.6 per cent to ₹24,480 crore.
Q1FY27 company results: Firms including Havells India, Federal Bank, Central Bank of India, Oberoi Realty, and RBL Bank are also to release their April-June earnings today
Reliance Industries, JSW Steel, Federal Bank, Oberoi Realty, Tata Tech among top stocks slated to post their Q1 results today.
The IT services major reported marginal profit growth in Q1 FY27, while issuing cautious revenue guidance amid an uncertain demand environment and weak deal ramp-up
Revenue from operations increased 17.7 per cent to ₹15,711.9 crore, while EBIT rose 53.3 per cent and new deal wins reached $1.08 billion
The insurer's June-quarter margins remained resilient despite slower premium growth, with management expecting recovery in the HDFC Bank channel and stable VNB margins