Sensex Today | Stock Market LIVE Updates Thursday: The GIFT Nifty indicated a negative open for the Nifty50. Asian markets slumped in early deals
Indian Bank reported a near 15% YoY growth in net profit, while Uco Bank and South Indian Bank posted 26.8% and 21.3% profit growth in Q2FY27.
Indian Bank on Thursday reported a 15 per cent rise in net profit to Rs 3,462 crore for the second quarter ended September 30. The Chennai-based public sector lender posted a net profit of Rs 3,018 crore in the same period of the previous fiscal. Its total income increased to Rs 23,059 crore in the second quarter from Rs 19,077 crore a year ago, Indian Bank said in a regulatory filing. Interest income rose to Rs 19,106 crore in the September quarter of FY27 from Rs 16,590 crore in the year-ago period. The operating profit also increased to Rs 7,090 crore against Rs 4,837 crore in the same quarter a year ago. In terms of asset quality, gross non-performing assets (NPAs) of the bank moderated to 1.61 per cent of gross advances at the end of September 2026 compared to 2.6 per cent a year ago. Similarly, net NPAs or bad loans came down to 0.14 per cent at the end of September 2026 compared to 0.16 per cent at the end of September 2025. Provisioning against bad loans came down to Rs
Nestle India on Thursday reported a 36.3% YoY growth in Q2FY27 net profit at ₹1,026.70 crore, backed by a 20.5% YoY surge in sales to ₹6,782.17 crore.
FMCG major Nestle India on Thursday reported a 36.32 per cent rise in consolidated net profit at Rs 1,026.77 crore for the September quarter of FY27, on a year-on-year basis. The company had posted a consolidated net profit of Rs 743.17 crore in the corresponding period last fiscal, Nestle India said in a regulatory filing. Nestle India's revenue from sale of products rose 20.45 per cent to Rs 6,782.17 crore in July-September quarter of FY27. This was Rs 5,630.23 crore in the corresponding period a year ago. "The quarter saw a continuation of strong and broad-based growth across all product groups, with total sales reaching INR 6,782.2 crore, with a growth of 20.5 per cent, which was driven by robust, double-digit volume growth," said Chairman and Managing Director Manish Tiwary. The company continued to focus on operational efficiencies while significantly increasing investments behind its brands, with advertising and marketing spend up 46 per cent. "EBITDA margin remained health
JM Financial has upgraded Canara Bank to 'Buy' from 'Add' on cheap valuations and improving fundamentals. It has also raised the target price to ₹150 from ₹142.
Leela Palaces Hotels' Q2 growth was driven by 30% RevPAR growth, entirely ARR-led, supported by favorable domestic travel tailwinds & strong MICE demand, said analysts at Jefferies.
Q2FY27 results today: Jio Financial, Wipro, Nestle India, HDFC AMC, HDFC Life, and Indian Bank, and 43 other firms will announce their earnings for the second quarter of financial year 2026-27
Non-banking financial company HDB Financial Services on Wednesday reported a 34.2 per cent surge in profit after tax to Rs 780 crore in the September quarter of FY27 driven by higher loan demand and lower provisions. The financial services entity had earned a PAT of Rs 581 crore in the year-ago period. Its net interest income rose 15.6 per cent to Rs 2,534 crore in the July-September quarter of FY27, up from Rs 2,192 crore in the corresponding quarter of the previous fiscal year, the firm said in a stock exchange filing. HDB Financial Services' total income rose 12 per cent to Rs 3,188 crore for the quarter under review from Rs 2,851 crore in the year-ago period. Loan losses and provisions declined by 2.5 per cent to Rs 730 crore for the quarter ended September 30, 2026 compared to Rs 748 crore recorded in the same quarter last year. The company registered a 12 per cent growth in gross loan book to Rs 1.24 lakh crore during the quarter under review compared with Rs 1.12 lakh crore
Sequential revenue growth of 2.3 per cent in constant currency beat estimates, while margins expanded 70 basis points; brokerages remain cautious on European auto demand
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap fell 0.1 per cent and 0.38 per cent, respectively
Thus far in the calendar year 2026, BHEL stock outperformed the market by soaring 61% compared to a 14.6% decline in the BSE Sensex.
State-owned BHEL on Wednesday reported a two-fold jump in consolidated net profit to Rs 820.94 crore for the September quarter, driven by higher income from key business verticals such as power and industry. BHEL is India's largest engineering and manufacturing enterprise in the energy and infrastructure sector. The company had clocked a net profit of Rs 374.89 crore in the second quarter of the preceding financial year, BHEL said in an exchange filing. In July-September, the company's total income rose 24 per cent to Rs 9,553.01 crore from Rs 7,686.11 crore in the year-ago period. Sharing segment-wise break-up, the company said that from power and industry businesses, it earned revenue of Rs 6,637.90 crore and Rs 2,662.45 crore, respectively, up from Rs 5,675.64 crore and 1,836.16 crore garnered from the two verticals in the September quarter of FY25. Expenses stood at Rs 8,482.40 crore compared to Rs 7,201.54 crore a year ago.
Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, on Wednesday reported a 54 per cent year-on-year jump in profit after tax to Rs 725 crore in the September quarter of FY27, driven by higher income and increased contributions from multiple business segments. The company had posted a profit after tax of Rs 471.34 crore in the year-ago period. Total income for the July-September quarter of FY27 rose 44 per cent to Rs 1,540.54 crore, compared with Rs 1,071 crore in the corresponding period last year, the Bengaluru-headquartered company said in a stock exchange filing. The company reported increased contributions from most of its products, including the margin trading facility (MTF) and commodity derivatives. However, contribution of equity derivatives to total income declined year-on-year, reflecting market adjustments following the introduction of the Closing Auction System (CAS). "We believe this will recover once the recommendations from Sebi's ...
State-owned Canara Bank on Wednesday reported an 8 per cent increase in net profit at Rs 5,175 crore for the September quarter of this fiscal. During the same quarter of the previous financial year, the bank had earned a net profit of Rs 4,774 crore in the year-ago period. Total income increased to Rs 40,931 crore in the second quarter from Rs 38,598 crore in the same period of the previous fiscal year, Canara Bank said in a regulatory filing. Interest income improved to Rs 35,159 crore from Rs 31,544 crore in the same quarter a year ago. Net Interest Income witnessed a 20 per cent jump in the reported quarter to Rs 11,005 crore as against Rs 9,141 crore a year ago. Operating profit also increased to Rs 8,758 crore as against Rs 8,588 crore in the same quarter a year ago. In terms of asset quality, gross non-performing assets (NPAs) of the bank moderated to 1.33 per cent of gross advances at the end of September 2026 as against 2.35 per cent by the year-ago period. Similarly, ne
Canara Bank on Wednesday reported 8.4% YoY growth in Q2 net profit, and a notable improvement in gross and net non-performing assets.
Tech Mahindra's board will mull a dividend payout and a bonus issue along with the Q2 results announcement.
Transformers and Rectifiers (TRIL)'s order book provides comfortable revenue visibility, while the Changodar expansion positions it to service a larger opportunity pipeline, says ICICI Securities.
Q2FY27 results today: Aditya Birla Money, Elecon Engineering Company, Emmvee Photovoltaic Power, Tata Technologies and Groww will announce their quarterly results today
Billings by 99acres, Info Edge's real estate bookings website, grew 21.2 per cent Y-o-Y in Q2FY27, compared with 16.5 per cent Y-o-Y in Q1FY27