Page 7 - Q1 Results

Margins have bottomed out; NIM seen at 2.5-2.6%, says Canara Bank CEO

Canara Bank expects to raise up to $2.5 billion through FCNR(B) deposits and overseas borrowings as it guides for stable margins and healthy credit growth

Hyundai Motor India Q1 net profit falls 35% on exports hit, supplier fire

Automaker retains FY27 growth and margin guidance as it expects production to normalise after supplier disruption and export weakness caused by the West Asia conflict

M&M Q1 PAT rises 34% to ₹5,455 crore; revenue grows 28% to ₹58,188 cr

Auto and farm profits rise 18%; services PAT jumps 80% on improved performance at MMFSL and Tech Mahindra

Tata Steel Q1 net profit up 11.6%; approves ₹33,873-cr Neelachal expansion

India operations drive earnings as board clears 4.8 MTPA expansion at Neelachal Ispat Nigam; overseas business faces operational and regulatory challenges

Bajaj Finance Q1 standalone net profit rises 29%; AUM tops ₹4 trn

Standalone NII rose 24 per cent and AUM crossed Rs 4 trillion as the lender reported improved asset quality, while deposits declined 5 per cent year-on-year

Near-term margin pressure may weigh on Asian Paints despite strong Q1

Strong Q1 margins benefited from inventory gains, but rising raw material costs and elevated crude prices could weigh on profitability in the coming quarters

Vedanta Aluminium Q1 profit trebles; Vedanta Ltd profit more than doubles

Both demerged companies report record operational performance, with higher production, improved margins and stronger balance sheets driving earnings growth

Hyundai Motor India Q1 profit drops 35.1% to ₹889 crore as expenses rise

Total expenses rose 4.2 per cent to ₹15,407 crore as employee costs increased 20 per cent and other expenses grew 10.6 per cent; PBT margin contracted by 390 basis points

Mankind Pharma Q1 result: Profit rises 29.6% to ₹568 cr, revenue up 12.9%

Profit before tax rose 42.4 per cent to ₹769 crore as expenses grew slower than revenue and finance costs declined 35.6 per cent; tax expense more than doubled

Bajaj Finance Q1FY27 net profit rises 27.4% to ₹5,986 crore; AUM up 23.9%

Net interest income increased 22.9 per cent to ₹12,571 crore; gross and net NPA ratios improved to 0.96 per cent and 0.39 per cent, while provisions rose 1.2 per cent

Swiggy Q1FY27 result: Loss narrows 34% as quick-commerce revenue jumps 53%

Quick-commerce revenue climbed 52.9 per cent to ₹1,232 crore, while its segment loss narrowed 18.3 per cent to ₹651 crore; food-delivery segment result rose 48 per cent

Stock Market Close: Sensex up 274 pts, Nifty ends at 24,317; auto, oil & gas shares shine

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap settled 0.35 per cent and 0.56 per cent down, respectively

Vedanta Aluminium Q1 result: Net profit jumps over 3-fold to ₹5,629 cr

The newly demerged aluminium company reported a sharp rise in first-quarter profit as elevated metal prices and strong demand lift earnings

Vedanta Q1 result: Net profit rises 71.8% to ₹5,473 crore, PAT rises 151.9%

Continuing operations Ebitda rose 98.5 per cent to ₹8,469 crore, but the demerger means current discontinued operations cover one month against three months in the year-ago quarter

Ajanta Pharma Q1 result: PAT rises 31% to ₹334 cr on strong India, US sales

Ajanta Pharma Ltd on Thursday reported a 31 per cent rise in profit after tax to Rs 334 crore for the first quarter ended June 30. The company had posted a profit after tax (PAT) of Rs 255 crore in the corresponding period of the last fiscal, Ajanta Pharma said in a regulatory filing. Its revenue from operations grew 25 per cent to Rs 1,626 crore in the first quarter against Rs 1,303 crore in the year-ago period, it added. Branded generics revenue in India increased 24 per cent to Rs 509 crore from Rs 409 crore a year ago, the company said. US generic revenue jumped 57 per cent to Rs 487 crore compared to Rs 310 crore in the year-ago period, it noted.

Icra Q1 result: Profit rises 32% to ₹56 cr on strong analytics demand

Rating agency ICRA Ltd on Thursday reported 32 per cent growth in consolidated net profit at Rs 56.5 crore for the first quarter ended June 30, 2026. The company had logged a net profit of Rs 42.8 crore a year ago. Revenue from operations increased by 31.2 per cent year-on-year to Rs 163.4 crore in the quarter, ICRA said in a regulatory filing. MD & Group CEO Ramnath Krishnan said ICRA's quarterly performance was supported by healthy growth in ratings and sustained momentum in risk & analytics. "Our ratings business remained anchored in high-quality analytical delivery and market engagement, while risk and analytics benefited from robust demand across data, risk and technology-led solutions," Krishnan said. ICRA's ratings revenue was supported by strong 18.3 per cent year-on-year growth in bank credit as of June quarter FY2027, with demand led mainly by the industries and NBFC segments. Risk & Analytics continued to demonstrate healthy momentum during the quarter, driven ..

Deepak Fertilisers & Petrochemicals Q1 result: Profit doubles to ₹490 cr

Deepak Fertilisers & Petrochemicals Corporation Ltd on Thursday reported a two-fold rise in its consolidated net profit to Rs 490.04 crore for the quarter ended June, mainly due to higher revenue. Its net profit stood at Rs 243.86 crore in the year-ago period. The total income rose to Rs 3,262.21 crore in the first quarter of this fiscal from Rs 2,682.52 crore in the corresponding period of the preceding year, according to a regulatory filing. Deepak Fertilisers & Petrochemicals Corporation Ltd is one of the leading producers of fertilisers and industrial chemicals in the country. The company has manufacturing facilities in Taloja Maharashtra; Srikakulam Andhra Pradesh; Panipat Haryana; and Dahej Gujarat.

Chalet Hotels Q1 profit drops 58% as reported revenue declines 43% YoY

Reported revenue and profit declined due to residential revenue recognition trends, while hospitality and rental annuity businesses posted double-digit Ebitda growth

Exide Industries Q1FY27 result: Net profit rises 28% to ₹351 crore

Battery maker Exide Industries Ltd on Thursday reported a 28 per cent rise in consolidated profit after tax at Rs 351.3 crore in the first quarter ended June 30, on the back of strong sales. The company had posted a consolidated Profit After Tax (PAT) of Rs 274.58 crore in the corresponding quarter previous fiscal, Exide Industries Ltd said in a regulatory filing. Revenue from operations in the first quarter was at Rs 5,528.38 crore as against Rs 4,695.12 crore in the year-ago period, it added. Total expenses in the first quarter were higher at Rs 5,068.78 crore as compared to Rs 4,338.12 crore in the same period a year ago, the company said. Increased affordability and positive sentiment from GST 2.0 reforms continued to drive demand for automotives into the new financial year, Exide Industries said. Commenting on the performance, Exide Industries MD & CEO Avik Roy said, "We have entered FY27 with confidence, building on the strong momentum achieved in the second half of FY26. .

Prestige Estates Q1FY27 result: Net profit down 19% at ₹236 crore

Realty firm Prestige Estates Projects Ltd has reported a 19 per cent decline in consolidated net profit at Rs 235.9 crore for June quarter of 2026-27 fiscal year. Its net profit stood at Rs 292.5 crore in the year-ago period. Total income rose to Rs 2,835.6 crore during the quarter from Rs 2,468.7 crore a year ago, according to a regulatory filing on Wednesday. In a separate filing, Prestige Estates said it has entered into a strategic partnership to develop a residential project in Thane. It did not disclose the name of the landowner. The upcoming project is spread across 14.6 acres with development potential of over 5 million square feet. The company expects a total revenue of Rs 6,000 crore from this project. Irfan Razack, Chairman & Managing Director, Prestige Group, said: "This project marks another significant milestone in the company's continued expansion in the Mumbai Metropolitan Region." Thane has emerged as one of the region's most dynamic residential markets, driven b