Page 20 - Q2 Results

BSNL Q2 revenue at Rs 5,347 cr; achieves 93 pc of quarterly target: Scindia

State-owned telecom firm BSNL has achieved 93 per cent of its target revenue for the September quarter of FY26, reaching Rs 5,347 crore, Union Telecom Minister Jyotiraditya Scindia said on Thursday. The minister has asked BSNL to follow stricter parameters to monitor the quality of services on a daily basis, instead of weeks and months, and tighter deadlines of hours and days to complete pending projects. After the quarterly review of BSNL, the minister said the company's revenue for the first half of the current fiscal stood at Rs 11,134 crore. "This quarter, we have achieved a 93 per cent revenue run rate vis-a-vis our target. So, we had set a target of Rs 5,740 crore, and we've achieved Rs 5,347 crore. So, we are very close to a rather bold target that we had set for ourselves based on last year's jump in earnings," Scindia said. The minister said there is a target to increase BSNL's revenue by 20 per cent for the full fiscal year to Rs 27,500 crore. "Our ARPU has also increase

Nippon Life Q2 results: Profit falls 4% to ₹345 cr, revenue rises 15%

Nippon Life India Asset Management Ltd (NAM India) on Thursday reported a 4 per cent year-on-year drop in profit after tax (PAT) to Rs 345 crore for the quarter ended September 30. The asset management company had earned a PAT of Rs 360 crore in the year-ago period. However, the company's revenue from operations rose 15 per cent to Rs 658 crore in the second quarter of the current fiscal (FY26) from Rs 571 crore in the same period of the preceding fiscal, according to a stock exchange filing. Besides, the board of directors of Nippon Life India Asset Management has approved an interim dividend of Rs 9 per share. As of September 30, 2025, the company's assets under management (AUM) stood at Rs 7.61 lakh crore (USD 85.7 billion), and serves 21.9 million unique investors, representing over one in every three mutual fund investors in the country. Sundeep Sikka, Executive Director and CEO of NAM India, said, "In terms of business performance, we continue to gain market share with the .

Lodha Developers Q2FY26 results: Profit surges 84% to ₹778.7 crore

Mumbai based realty major on track to deliver full year pre-sales guidance of Rs 21,000 crore

United Spirits Q2 profit rises 36% on strong sales and margin gains

The company's Q2FY26 net profit rose to ₹464 crore on 11.6% higher revenue; CEO Praveen Someshwar says festive and wedding season to drive H2 growth

Cipla Q2 results: Profit rises 4%, revenue hits record ₹7,589 crore

The company bets on Eli Lilly tie-up for GLP-1 drug, biosimilars expansion; reaffirms $1 billion US revenue goal

Dabur India Q2 profit rises 6.5% to ₹444.79 crore on strong sales growth

Homegrown FMCG firm Dabur India Ltd on Thursday reported 6.53 per cent increase in consolidated net profit to Rs 444.79 crore in the September quarter. The company had posted a consolidated net profit of Rs 417.52 crore in the same quarter last fiscal year, Dabur India said in a regulatory filing. Consolidated revenue from operations during the quarter stood at Rs 3,191.32 crore as against Rs 3,028.59 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 2,758.33 crore as compared to Rs 2,634.40 crore in the corresponding period a year ago, the company said. "Despite a dynamic economic environment and transitional GST headwinds, we delivered robust topline and bottomline growth, reaffirming our leadership across core categories," Dabur India CEO Mohit Malhotra said. He further said, "Our India business reported market share gains across 95 per cent of the portfolio, a clear testament to our focused brand investments and deep consumer

Welspun Corp Q2 profit rises 57% to ₹443.51 cr, order book at ₹23,500 cr

Welspun Corp on Thursday posted a 57 per cent rise in consolidated net profit to Rs 443.51 crore in the September quarter, driven by a rise in revenues from the core steel products business. It had clocked a net profit of Rs 282.96 crore in the July-September period of the preceding 2024-25 financial year, the company said in a regulatory filing. Total income increased to Rs 4,408.66 crore in the September quarter from Rs 3,364.23 crore in the year-ago period. Total expenses stood at Rs 3,916.09 crore, higher from Rs 3,074.90 crore in Q2 FY25. The board of the company also approved the incorporation of two wholly-owned subsidiaries in the United Arab Emirates (UAE). One of the proposed companies will be incorporated at the Dubai International Financial Centre. It will act as an investment holding company to oversee the investments globally. Another entity will be incorporated at the Free Trade Zone in the UAE to handle global marketing for all products and carry out the business

Aditya Birla Capital Q2 results: Net profit rises 3% to ₹855 crore

Aditya Birla Capital on Thursday reported 3 per cent increase in consolidated net profit at Rs 855 crore for the second quarter ended September 2025. The financial services arm of Aditya Birla Group earned a net profit of Rs 834 crore in the same quarter of the previous financial year. Total income rose to Rs 10,609 crore during the quarter under review from Rs 10,362 crore a year ago, Aditya Birla Capital said in a regulatory filing. Interest income increased to Rs 5,003 crore from Rs 4,141 crore in the same quarter a year ago. Total expenses rose to Rs 9,475 crore from Rs 9,034 crore. The total Asset Under Management (AMC, life insurance and health insurance) grew 10 per cent to Rs 5,50,240 crore as on September 30, 2025 from Rs 5,01,152 crore a year ago.

Union Bank Q2 profit dips 10% on lower core income, loan recoveries

State-run Union Bank of India on Thursday reported a 10 per cent decline in September quarter profit at Rs 4,249 crore, driven by a decline in core income and also recoveries from written-off accounts. Its newly appointed Managing Director and Chief Executive Asheesh Pandey said the lender will be "balancing" between topline growth and protecting bottomline from hereon. On the speculation about another round of consolidation among state-run lenders, and if the bank will merge with one of its peers, Pandey declined comment. Without denying any speculation, he said things are "evolving". During the quarter, it reported a 2.6 per cent dip in the core net interest income at Rs 8,812 crore due to a softer loan growth of less than 5 per cent and also a narrowing of the net interest margin to 2.67 per cent from 2.90 per cent in the year-ago period. Pandey did not share a specific target on the loan growth for FY26, but added that it still aspires to grow the book at 8-10 per cent on the b

Canara Bank Q2 results: Net profit rises 19% to ₹4,774 cr on higher income

State-owned Canara Bank on Thursday reported 19 per cent increase in net profit at Rs 4,774 crore for the second quarter ended September on the back of decline in bad loans. The bank had earned a net profit of Rs 4,015 crore in the year-ago period. Total income increased to Rs 38,598 crore in the second quarter from Rs 34,721 crore in the same period of the previous fiscal, Canara Bank said in a regulatory filing. Interest income improved to Rs 31,544 crore from Rs 29,740 crore in the same quarter a year ago. However, Net Interest Income witnessed moderation in the quarter to Rs 9,141 crore as against Rs 9,315 crore a year ago. Operating profit also increased to Rs 8,588 crore as against Rs 7,654 crore in the same quarter a year ago. In terms of asset quality, gross non-performing assets (NPAs) of the bank moderated to 2.35 per cent of gross advances at the end of September 2025 as against 3.73 per cent by the year-ago period. Similarly, net NPAs or bad loans came down to 0.54

ITC Q2 results: PAT rises 5.4% to ₹5,180 crore on higher cigarette demand

The maker of 'Sunfeast' biscuits and 'Gold Flake' cigarettes reported a 5.4% rise in standalone profit of ₹5,180 crore ($589.34 million) for the quarter ended September 30

Swiggy trims sequential loss to ₹1,092 cr on back of Instamart growth

India's quick commerce industry, which promises to deliver everything from milk to mobile phones in minutes, has ignited an investment frenzy as it grows at a blistering pace

Stock Market close: Sensex falls 593 points, Nifty at 25,878; financial services, IT shares drag

Sensex Today | Stock Market close: In the broader markets, the Nifty MidCap 100 rose marginally by 0.1 per cent and the Nifty SmallCap 100 indices fell 0.1 per cent, respectively

Adani Power Q2 results: Net profit falls 11% to ₹2,952 cr, revenue flat

Adani Power secured new power purchase agreements, including a 2,400 megawatt (MW) project from Bihar, 1,600 MW from Madhya Pradesh, and 570 MW from Karnataka (by October 25)

Brigade Enterprises Q2FY26 results: Net profit rises 37% to ₹162.5 crore

Realty firm Brigade Enterprises Ltd has reported 37 per cent increase in consolidated net profit at Rs 162.5 crore for the September quarter of this fiscal. Its net profit stood at Rs 118.98 crore in the year-ago period. Total income rose to Rs 1,429.86 crore in July-September FY26 from Rs 1,138.13 crore a year ago, according to a regulatory filing. "We are entering the second half of the fiscal year with strong tailwinds. We have a robust business development and launch pipeline across our key markets, as well as healthy leasing activity and growth in the hospitality business. Operational performance has also grown substantially since the prior year, and business sentiment remains positive," said Pavitra Shankar, Managing Director, Brigade Enterprises Ltd. Established in 1986, Brigade Group is one of India's leading property developers in the country. Brigade has developed many projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City. It develo

CG Power share price falls 2.5% on Q2 miss; Emkay downgrades stock to 'Add'

CG Power's Q2FY26 earnings missed estimates on weak Industrial Systems margins, but strong Power Systems orders and new capex keep long-term growth prospects intact, say Emkay and Nuvama

Cipla Q2FY26 results: Net profit rises 3.7% to ₹1,353 cr on higher revenue

Pharma major Cipla Ltd on Thursday reported a 3.7 per cent rise in consolidated net profit at Rs 1,353.37 crore for the second quarter ended September 30, 2025. The company had posted a consolidated net profit of Rs 1,305.01 crore in the second quarter of the last fiscal year, Cipla Ltd said in a regulatory filing. Consolidated total revenue from operations in the second quarter stood at Rs 7,589.44 crore, as against Rs 7,051.02 crore in the year-ago period, it added. Total expenses in the quarter under review were higher at Rs 6,004.86 crore, as compared to Rs 5,452.57 crore in the corresponding period last fiscal, the company said. In the second quarter, the pharmaceuticals segment clocked revenue of Rs 7,291.43 crore, as against Rs 6,775.56 crore in the same period a year ago. New ventures registered revenue of Rs 350.68 crore, as against Rs 319.6 crore, the filing said.

This smallcap stock rallies 13% as Q2 profit zooms 71% YoY; details inside

At 1:30 PM, Vaibhav Global share price was trading 11.42 per cent higher at ₹286.80 per share. In comparison, BSE Sensex was trading 0.57 per cent lower at 84,515.48 levels.

Varun Beverages to distribute 'Carlsberg' in Africa: Analysts decode impact

Varun Beverages share price fell 2% after Q3CY25 results despite 19% profit growth. Analysts stay positive, citing Africa expansion, Carlsberg tie-up, and steady demand outlook.

Sagility share price skyrockets 12%, hits all-time high on healthy Q2

Sagility shares rose today after the company reported strong earnings for the September quarter of FY26, driven by healthy revenue growth and a sharp improvement in profitability.