Page 5 - Q2 Results

Varvee Global Q2 results: Profit rises 23% to ₹10.2 cr, revenue jumps 80%

Textiles manufacturer and exporter Varvee Global Limited on Thursday said its profit after tax jumped by 23 per cent in the July- September quarter to Rs 10.21 crore compared to Rs 8.2 crore in the year-ago period. The denim textile manufacturer's revenue from operations surged by nearly 80 per cent to Rs 27.83 crore in the second quarter of FY26 compared to Rs 15.47 crore in the year-ago period, reflecting stronger realisations and a richer mix, the company said in a statement. A sharp drop in finance cost to nearly nil and lower expenses in the second quarter boosted the profitability, the company said. "This is the first full quarter with the new leadership playbook at work where results are visible in the margin reset, the EBITDA swing, and the near-elimination of finance costs," Jaimin Gupta, Chairman & Managing Director, said. The company will focus on deepening high-margin product lines, tighten cash conversion, and maintain conservative funding while pursuing selective, ...

India's Q2 economic growth may have surpassed RBI's 7% projection

Economists see growth above 7% in July-September, backed by consumption revival, robust capex, and steady industrial output; RBI had earlier pegged Q2 GDP at 7%

Muthoot Finance Q2FY26 results: Profit jumps 87% to ₹2,345, NII up 58%

Muthoot Finance delivered a strong Q2FY26 performance with an 87% jump in profit, robust loan growth, and record consolidated AUM of ₹1.48 trillion, supported by steady lending momentum

Tata Steel UK arm recovery tied to market conditions, not management

Tata Steel's top executives say Q3 prices will soften but higher volumes will offset the impact; Europe to benefit from import curbs, while UK turnaround may take longer

Hero MotoCorp Q2FY26 results: Net profit rises 23.9% to ₹1,321 crore

Hero MotoCorp said its international business grew by 77 per cent Y-o-Y in the second quarter, primarily due to good performance in Bangladesh, Nepal, Sri Lanka and Colombia

Tata Motors posts ₹867 cr loss in Q2, revenue rise 6% to ₹18,585 cr

The margin on earnings before interest, tax, depreciation, and amortisation (Ebitda) stood at 11.4 per cent, up 140 basis points

Worst may be over for Asian Paints, but prospects still far from bright

Volume growth in low double digits and lower raw material costs lifted margins for Asian Paints, though management remains cautious amid intense rivalry and extended monsoon impact

IT recovery key for Info Edge as Q2 growth lags on weak hiring trends

Recruitment gains in non-tech, real estate, matrimony cushion impact of weak tech hiring

Akums Q2 PAT falls 35.8% on muted CDMO biz growth, declining API prices

Despite this, the CDMO segment remained Akums' key growth driver, contributing Rs 804 crore, or 79 per cent of its total revenue

Alkem Labs Q2 profit rises 11% on strong India, international sales

India sales grew 14% Y-o-Y to ₹2,766 crore in the September quarter, while international sales rose 29.5% to ₹1,189 crore, contributing 31.7% to overall revenue

LG Electronics India Q2 net profit down 27.3% on margin pressures

Its net sales in the quarter marginally rose 0.9 per cent to Rs 6,170.4 crore in the July-September quarter

Eureka Forbes Q2 results: Profit rises 32% to ₹62.9 cr, revenue up 15%

Eureka Forbes Ltd, a health and hygiene product maker, on Thursday reported an increase of 31.77 per cent in its consolidated net profit to Rs 62.92 crore in the September quarter of FY26. The company had a net profit of Rs 47.74 crore in the July-September quarter a year ago, according to a regulatory filing by the firm, now controlled by private equity firm Advent International. Revenue from operations was up 14.7 per cent to Rs 772.07 crore during the September quarter of FY26. It stood at Rs 673.13 crore in the corresponding quarter a year ago. This is the "eighth successive quarter of double digit growth", said Eureka Forbes in its earnings presentation. Eureka Forbes' total expenses increased 12.55 per cent to Rs 693.0 crore in the September quarter on a year-on-year basis. Commenting on the results MD and CEO Pratik Pota said: "In an uncertain and evolving external environment, Q2 FY26 was an exciting milestone quarter for us. We delivered a strong revenue growth of 14.9 pe

Infibeam posts ₹66.5 cr net profit in Q2, revenue from ops grows 94%

Digital payments firm Infibeam Avenues reported a 51% rise in Q2FY26 net profit to ₹66.5 crore, driven by strong transaction volumes, new merchants, and AI-led efficiency gains

Patel Engineering Q2 results: Profit dips 12% to ₹64.7 cr, income rises 3%

Patel Engineering on Thursday reported an 11.73 per cent fall in consolidated net profit to Rs 64.7 crore for the September quarter, and a fundraising plan of Rs 500 crore. It had clocked a net profit of Rs 73.3 crore in the July-September period of FY25, the company said in an exchange filing. The company, however, increased its income to Rs 1,271.6 crore in the second quarter, from Rs 1,230.9 crore in the year-ago period. For April-September FY26, the company saw its net profit grow by around 20 per cent to Rs 144.7 crore, from Rs 121.1 crore in the six-month period of the previous fiscal. The board has also approved a rights issue of equity shares to raise Rs 500 crore. During the second quarter, Patel Engineering received a Rs 240 crore order from state-owned NHPC for civil and hydro-mechanical works at the Teesta-V project in Sikkim, bringing the total new orders received in H1 FY26 to Rs 2,500 crore. As of September 30, the company said its order book touched Rs 15,146 ...

Aether Industries Q2 results: Profit rises 55% to ₹53.95 cr, revenue up 38%

Speciality chemicals manufacturer Aether Industries on Thursday reported 55.07 per cent growth in consolidated profit after tax at Rs 53.95 crores during the September quarter. The company's PAT stood at Rs 34.79 crores in the year-ago period, Aether Industries said in a regulatory filing. Revenue from operations of the company grew 38.44 per cent to Rs Rs 275.1 crore during the quarter under review compared to Rs 198.79 crore in the same period of the previous year. "The growth in the first half of 2025-26 has laid the foundation for a solid second half for FY26. We continue to invest in process innovation, customer partnerships, and capacity ramp-up, supported by a disciplined financial approach," Aether Industries Co-Founder and Director Rohan Desai said.

Cupid Q2FY26 results: Net profit surges over two-fold to ₹24 crore

Healthcare products manufacturer Cupid Ltd on Thursday reported over two-fold increase in its net profit to Rs 24 crore for the second quarter ended September 30. The company had reported a net profit of Rs 10 crore in the July-September quarter of last year. Total income increased to Rs 90 crore for the second quarter as against Rs 47 crore in the year-ago period, the company said in a statement. "With capacity expansion and smarter procurement, we are removing execution bottlenecks and building a durable growth engine. We remain on track for our Rs 335 cr topline in FY26 and will reassess guidance during H2 in light of the constructive developments across our portfolio," Cupid Chairman and MD Aditya Kumar Halwasiya noted. The second half of FY26 is expected to be stronger than the first half, driven by strong order visibility and improving execution, it stated. The company also expects to deliver net profit of over Rs 100 crore for the year, it added. Shares of the company were

Stock Market Close Highlights: Sensex, Nifty end flat; Metal, Realty shine; PSBs, FMCG lag

Stock market close highlights on November 13: On the BSE, Asian Paints, ICICI Bank and Power Grid were the top gainers while Eternal, TMCV and M&M were among the major laggards.

Apex Frozen Foods spurts 26% in 4 days; what's driving smallcap stock?

Shares of Apex Frozen Foods hit a 52-week high of ₹294.80, surging 10 per cent on the BSE in Thursday's intra-day trade.

Axiscades Q2 results: Net profit doubles to ₹23 cr on revenue growth

Axiscades on Thursday reported a nearly two-fold rise in consolidated net profit to Rs 23 crore in the September quarter, backed by revenue growth. It had clocked a net profit of Rs 12 crore in the July-September period of FY25, the company said in a statement. Revenue from operations rose 13 per cent to Rs 299 crore from Rs 265 crore in the second quarter a year ago. For April-September of the first half of FY26, the company reported a revenue of Rs 543 crore. The company's Founder Chairman & MD, Sampath Ravinarayanan, said, "We are targeting over 40 per cent year-on-year growth in our core business areas for FY26 and FY27, with acceleration to over 70 per cent projected for FY28 through FY30." Defence revenue increased by 37 per cent, aerospace revenue grew by 16 per cent, whereas ESAI (Electronics, Semiconductors and Artificial Intelligence) revenue declined marginally compared to Q2 FY25. Bengaluru-based Axiscades is a leading end-to-end engineering and technology solutions .

Voda Idea stock hits over 13-month high; zooms 75% in 3 months; here's why

In the past three trading days, the stock price of Vodafone Idea has rallied 12 per cent after the company announced its financial results for the second quarter of 2025-26 (Q2FY26).