Flash Finance

Q2 FY26 quarterly results (July-September 2025)

5,073 companies have declared Q2 FY26 results so far, the latest on 14 Sep 2026.

Across the 4,407 non-financial companies with a year-ago quarter to compare, sales grew +12.8% and net profit +57.5% year on year, and the combined operating margin widened 96 bps to 14.3%.

For the 146 banks and lenders, net interest income grew +6.3% and net profit +7.3%.

54% of companies grew net profit; 337 turned a loss into a profit; 34% beat their own profit trend and 50% fell short of it.

Updated 13 Oct 2026, 20:15 IST 5073 declared
The next results season has started: 43 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q2 FY26 scoreboard

Sales growth
+12.8%
YoY, 4407 companies combined; median +8.4%
Net profit growth
+57.5%
YoY combined; median +9.4%
Operating margin
14.3%
+96 bps YoY
Grew profit
54%
337 turnarounds, 405 into loss
Vs own profit trend
34% / 50%
above / below, 16% in line
Banks: NII growth
+6.3%
146 lenders; profit +7.3%
Price since results
-5.6%
median; 0% of 1 stocks up
Other-income heavy
1339
25%+ of pre-tax profit from other income & one-offs

1339 matching results 1339

Page 13 of 45

Sudarshan Colorants India Limited

SUDARCOLOR · Dyes & Pigments · Q2 FY26 · Standalone
M Cap
₹823 Cr
P/E
—
PEG
—
  • 43% of pre-tax profit came from other income and one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales -13.3% 183211
Operating profit -25.0% 18.024.0
OPM % -154 bps 9.8%11.4%
Other income +125.0% 9.04.0
Net profit -5.9% 16.017.0
PAT margin % +69 bps 8.7%8.1%
EPS (₹) -4.6% 7.067.40

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹21.0 Cr: core business ₹12.0 Cr, other income ₹9.0 Cr.

Detailed financials →

Kilitch Drugs (India) Limited

KILITCH · Pharmaceuticals · Q2 FY26 · Consolidated
M Cap
₹823 Cr
P/E
28.2
PEG
0.63
  • Profit -53% below its own trend
  • Operating margin contracted 253 bps YoY
  • 71% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -47%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +3.1%+13.4% 48.943.147.5
Operating profit -17.3%+54.4% 5.03.36.1
OPM % -253 bps+274 bps 10.3%7.6%12.8%
Other income +29.0%+160.4% 6.72.65.2
Net profit? -6.6%+255.4% 8.02.38.6
PAT margin % -171 bps+1119 bps 16.4%5.2%18.1%
EPS (₹) -7.3%— 4.971.885.36

No EPS growth against Jun 2025: 1:1 bonus in Mar 2026.

Quality of profit

Core 29%Other income & one-offs 71%

Pre-tax profit ₹9.4 Cr: core business ₹2.7 Cr, other income ₹6.7 Cr.

Core profit YoY: -47.2% · reported profit -6.6%

Cash & debt

FY25 cash from operations ₹18.0 Cr: 73% of FY25 net profit of ₹24.6 Cr.

Borrowings ₹49.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹63.0₹48.9 -22.4% below
Net profit₹17.2₹8.0 -53.3% below
Detailed financials →

Oricon Enterprises Limited

ORICONENT · Packaging · Q2 FY26 · Consolidated
M Cap
₹818 Cr
P/E
30.6
PEG
3.40
  • Profit -97% below its own trend
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -88.9%-40.7% 4.67.841.4
Operating profit loss widenedloss narrowed -5.5-10.7-5.4
Other income +16.2%-46.2% 15.428.613.2
Net profit? -94.8%-46.3% 6.612.3128
EPS (₹) -94.8%-46.2% 0.420.788.12

Quality of profit

Pre-tax profit ₹8.8 Cr: core business −₹6.6 Cr, other income ₹15.4 Cr.

Core profit YoY: loss narrowed · reported profit -94.8%

Cash & debt

FY25 cash from operations −₹32.0 Cr: -23% of FY25 net profit of ₹138 Cr.

Borrowings ₹11.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹37.2₹4.6 -87.6% below
Net profit₹255₹6.6 -97.4% below
Detailed financials →

ZUARI INDUSTRIES LIMITED

ZUARIIND · Sugar · Q2 FY26 · Consolidated
M Cap
₹815 Cr
P/E
7.7
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 288 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +1.7%-6.4% 241257237
Operating profit +175.0%-56.4% 11.025.24.0
OPM % +288 bps-524 bps 4.6%9.8%1.7%
Other income +281.4%— 22510.259.0
Net profit? from lossfrom loss 164-0.5-15.0
PAT margin % +7438 bps+6823 bps 68.0%-0.2%-6.3%
EPS (₹) from loss— 55.340.02-4.84

Quality of profit

Pre-tax profit ₹167 Cr: core business −₹57.0 Cr, other income ₹225 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹1.0 Cr.

Borrowings ₹2,568 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹258₹241 -6.6% below
📊 Investor presentation (14 Aug) Detailed financials →

A B Infrabuild Limited

ABINFRA · Construction & Infrastructure · Q2 FY26 · Standalone
M Cap
₹815 Cr
P/E
41.7
PEG
0.87
  • Profit -70% below its own trend
  • Operating margin contracted 114 bps YoY
  • 31% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -21.0%-38.4% 37.360.647.2
Operating profit -26.7%-43.2% 5.59.67.5
OPM % -114 bps-123 bps 14.6%15.9%15.8%
Other income +97.3%+7.4% 0.80.80.4
Net profit -40.5%-58.4% 2.15.13.6
PAT margin % -187 bps-274 bps 5.7%8.5%7.6%
EPS (₹) -45.0%-58.8% adj. 0.030.080.06

EPS restated for the ₹10 to ₹1 split of Oct 2025: Sep 2025 ₹0.33 to ₹0.03.

Quality of profit

Core 69%Other income & one-offs 31%

Pre-tax profit ₹2.9 Cr: core business ₹2.0 Cr, other income ₹0.8 Cr.

Core profit YoY: -56.8% · reported profit -40.5%

Cash & debt

FY25 cash from operations −₹24.0 Cr: -149% of FY25 net profit of ₹16.1 Cr.

Borrowings ₹86.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹94.5₹37.3 -60.5% below
Net profit₹7.2₹2.1 -70.2% below
Detailed financials →

Chemcon Speciality Chemicals Limited

CHEMCON · Chemicals · Q2 FY26 · Standalone
M Cap
₹809 Cr
P/E
34.3
PEG
—
  • Profit -29% below its own trend
  • Operating margin contracted 343 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +2.1%+0.4% 53.753.552.6
Operating profit -19.5%-11.8% 6.87.88.5
OPM % -343 bps-176 bps 12.8%14.5%16.2%
Other income +12.9%+6.2% 4.03.73.5
Net profit -9.2%-10.0% 5.86.46.3
PAT margin % -133 bps-123 bps 10.7%11.9%12.0%
EPS (₹) -9.2%-9.8% 1.571.741.73

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹7.9 Cr: core business ₹4.0 Cr, other income ₹4.0 Cr.

Core profit YoY: -20.7% · reported profit -9.2%

Cash & debt

FY25 cash from operations ₹41.0 Cr: 168% of FY25 net profit of ₹24.5 Cr.

Borrowings ₹25.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹51.2₹53.7 +4.8% in line
Net profit₹8.1₹5.8 -28.8% below
📊 Investor presentation (04 Aug) Detailed financials →

Prozone Realty Limited

PROZONER · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹808 Cr
P/E
52.4
PEG
—
  • Operating margin expanded 788 bps YoY
  • 53% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -5.5%+20.8% 46.238.248.9
Operating profit +19.4%+17.6% 17.514.914.6
OPM % +788 bps-103 bps 37.8%38.9%30.0%
Other income +56.7%+276.0% 3.10.82.0
Net profit? +776.9%-9.6% 3.43.80.4
PAT margin % +661 bps-249 bps 7.4%9.9%0.8%
EPS (₹) from loss+100.0% 0.100.05-0.09

Quality of profit

Core 46%Other income & one-offs 54%

Pre-tax profit ₹5.9 Cr: core business ₹2.7 Cr, other income ₹3.1 Cr.

Core profit YoY: from loss · reported profit +776.9%

Cash & debt

FY25 cash from operations ₹40.0 Cr.

Borrowings ₹425 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹55.5₹46.2 -16.8% below
Detailed financials →

Sterling Tools Limited

STERTOOLS · Fasteners · Q2 FY26 · Consolidated
M Cap
₹792 Cr
P/E
30.2
PEG
—
  • Profit +27% above its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -26.8%+8.2% 208192284
Operating profit -26.7%+7.2% 23.622.032.2
OPM % +1 bps-11 bps 11.4%11.5%11.3%
Other income +548.9%+333.7% 12.52.91.9
Net profit? -1.6%+91.2% 17.29.017.5
PAT margin % +212 bps+359 bps 8.3%4.7%6.2%
EPS (₹) -2.1%+91.5% 4.752.484.85

Quality of profit

Pre-tax profit ₹36.2 Cr: core business −₹1.2 Cr, other income ₹12.5 Cr, exceptional & other items ₹24.9 Cr.

Core profit YoY: to loss · reported profit -1.6%

Cash & debt

FY25 cash from operations ₹124 Cr: 213% of FY25 net profit of ₹58.3 Cr.

Borrowings ₹155 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹265₹208 -21.6% below
Net profit₹13.5₹17.2 +27.5% above
📊 Investor presentation (05 Aug) Detailed financials →

Kirloskar Electric Company Limited

KECL · Electrical Equipment · Q2 FY26 · Consolidated
M Cap
₹789 Cr
P/E
105.7
PEG
—
  • Profit +292% above its own trend
  • Operating margin expanded 439 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -12.0%+7.5% 142132161
Operating profit —-6.8% 6.46.90.2
OPM % +439 bps-69 bps 4.5%5.2%0.1%
Other income +443.6%— 11.11.02.0
Net profit? +96.1%— 10.00.45.1
PAT margin % +387 bps+671 bps 7.0%0.3%3.2%
EPS (₹) +94.8%— 1.500.060.77

Quality of profit

Pre-tax profit ₹10.4 Cr: core business −₹8.5 Cr, other income ₹11.1 Cr, exceptional & other items ₹7.8 Cr.

Core profit YoY: loss widened · reported profit +96.1%

Cash & debt

FY25 cash from operations ₹36.0 Cr: 963% of FY25 net profit of ₹3.7 Cr.

Borrowings ₹116 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹157₹142 -9.3% below
Net profit₹2.5₹10.0 +292.1% above
Detailed financials →

Allcargo Terminals Limited

ATL · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹780 Cr
P/E
18.8
PEG
—
  • Operating margin expanded 282 bps YoY
  • 31% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +6.3%+10.6% 207187195
Operating profit +24.3%+16.6% 40.334.632.4
OPM % +282 bps+99 bps 19.5%18.5%16.6%
Other income -43.6%-70.7% 2.58.44.4
Net profit? -0.3%+24.1% 11.39.111.3
PAT margin % -36 bps+59 bps 5.5%4.9%5.8%
EPS (₹) -2.2%+25.0% 0.450.360.46

Quality of profit

Core 69%Other income & one-offs 31%

Pre-tax profit ₹14.5 Cr: core business ₹10.0 Cr, other income ₹2.5 Cr, exceptional & other items ₹2.0 Cr.

Core profit YoY: -16.5% · reported profit -0.3%

Cash & debt

FY25 cash from operations ₹108 Cr: 357% of FY25 net profit of ₹30.2 Cr.

Borrowings ₹548 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹198₹207 +4.5% in line
Net profit₹10.8₹11.3 +4.9% in line
📊 Investor presentation (11 Aug) Detailed financials →

Sarla Performance Fibers Limited

SARLAPOLY · Textiles · Q2 FY26 · Consolidated
M Cap
₹775 Cr
P/E
593.2
PEG
—
  • Profit -33% below its own trend
  • Operating margin expanded 206 bps YoY
  • 44% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -6.1%+4.5% 107102114
Operating profit +3.9%+113.3% 23.010.822.1
OPM % +206 bps+1096 bps 21.5%10.5%19.4%
Other income -17.4%-55.9% 10.022.712.1
Net profit? -1.5%-14.9% 19.022.319.3
PAT margin % +83 bps-406 bps 17.8%21.8%16.9%
EPS (₹) -1.3%-15.3% 2.272.682.30

Quality of profit

Core 56%Other income & one-offs 44%

Pre-tax profit ₹25.0 Cr: core business ₹14.0 Cr, other income ₹10.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +2.2% · reported profit -1.5%

Against its own trend ?

TrendActualGap
Sales₹114₹107 -6.3% below
Net profit₹28.5₹19.0 -33.4% below
Detailed financials →

Royal Orchid Hotels Limited

ROHLTD · Hotels & Resorts · Q2 FY26 · Consolidated
M Cap
₹769 Cr
P/E
26.6
PEG
—
  • Profit -47% below its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +12.5%+0.5% 79.278.870.4
Operating profit +15.4%-32.7% 13.219.611.4
OPM % +42 bps-825 bps 16.7%24.9%16.3%
Other income -4.1%+88.3% 7.64.07.9
Net profit? -42.9%-61.7% 4.311.27.5
PAT margin % -526 bps-879 bps 5.4%14.2%10.7%
EPS (₹) -42.9%-60.9% 1.563.992.73

Quality of profit

Pre-tax profit ₹4.4 Cr: core business −₹3.2 Cr, other income ₹7.6 Cr.

Core profit YoY: to loss · reported profit -42.9%

Cash & debt

FY25 cash from operations ₹25.0 Cr: 53% of FY25 net profit of ₹47.5 Cr.

Borrowings ₹221 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹76.4₹79.2 +3.7% in line
Net profit₹8.1₹4.3 -47.1% below
📊 Investor presentation (12 Aug) Detailed financials →

Eldeco Housing And Industries Limited

ELDEHSG · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹764 Cr
P/E
21.1
PEG
—
  • Operating margin contracted 480 bps YoY
  • 52% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -1.0%+15.2% 33.028.733.4
Operating profit -33.2%+2.4% 3.33.24.9
OPM % -480 bps-124 bps 10.0%11.2%14.8%
Other income -25.1%+0.7% 2.32.23.0
Net profit? -41.6%-16.0% 2.63.14.5
PAT margin % -555 bps-296 bps 8.0%10.9%13.5%
EPS (₹) -41.8%-16.3% 2.673.194.59

Quality of profit

Core 48%Other income & one-offs 52%

Pre-tax profit ₹4.3 Cr: core business ₹2.1 Cr, other income ₹2.3 Cr.

Core profit YoY: -39.8% · reported profit -41.6%

Cash & debt

FY25 cash from operations −₹7.0 Cr: -33% of FY25 net profit of ₹21.5 Cr.

Borrowings ₹116 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹43.2₹33.0 -23.5% below
Net profit₹2.5₹2.6 +6.6% in line
📊 Investor presentation (12 Aug) Detailed financials →

Kanoria Chemicals & Industries Limited

KANORICHEM · Chemicals · Q2 FY26 · Consolidated
M Cap
₹754 Cr
P/E
4.9
PEG
0.07
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -43.8%-53.8% 210454374
Operating profit -52.2%-61.9% 6.216.413.0
OPM % -52 bps-64 bps 3.0%3.6%3.5%
Other income +155.7%— 12.30.84.8
Net profit? from lossfrom loss 91.8-13.8-16.5
PAT margin % +4816 bps+4679 bps 43.8%-3.0%-4.4%
EPS (₹) from lossfrom loss 21.38-1.79-3.18

Quality of profit

Pre-tax profit ₹1.1 Cr: core business −₹11.2 Cr, other income ₹12.3 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹15.0 Cr.

Borrowings ₹595 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹410₹210 -48.9% below
Detailed financials →

Himatsingka Seide Limited

HIMATSEIDE · Textiles · Q2 FY26 · Consolidated
M Cap
₹753 Cr
P/E
13.4
PEG
0.34
  • Profit +214% above its own trend
  • Operating margin contracted 422 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -9.3%-4.2% 630657694
Operating profit -28.5%-17.9% 99.1121139
OPM % -422 bps-263 bps 15.7%18.4%20.0%
Other income —— 77.74.16.0
Net profit? +93.5%+285.3% 42.010.921.7
PAT margin % +355 bps+501 bps 6.7%1.7%3.1%
EPS (₹) +51.8%+283.9% 3.340.872.20

Quality of profit

Pre-tax profit ₹64.0 Cr: core business −₹13.7 Cr, other income ₹77.7 Cr.

Core profit YoY: to loss · reported profit +93.5%

Cash & debt

FY25 cash from operations ₹235 Cr: 309% of FY25 net profit of ₹76.0 Cr.

Borrowings ₹2,567 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹653₹630 -3.6% in line
Net profit₹13.4₹42.0 +214.4% above
Detailed financials →

Shiv Aum Steels Limited

SHIVAUM · Trading & Distribution · Q2 FY26 · Consolidated
M Cap
₹751 Cr
P/E
79.1
PEG
—
  • 84% of pre-tax profit came from other income and one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales -1.4% 114116
Operating profit -33.0% 2.74.0
OPM % -110 bps 2.3%3.4%
Other income from loss 0.8-0.1
Net profit? -55.6% 0.71.5
PAT margin % -72 bps 0.6%1.3%
EPS (₹) -55.4% 0.501.12

Quality of profit

Core 16%Other income & one-offs 84%

Pre-tax profit ₹0.9 Cr: core business ₹0.2 Cr, other income ₹0.8 Cr.

Cash & debt

FY25 cash from operations −₹7.0 Cr.

Borrowings ₹94.0 Cr at Mar 2025.

Detailed financials →

The Sandesh Limited

SANDESH · Media & Entertainment · Q2 FY26 · Consolidated
M Cap
₹750 Cr
P/E
7.0
PEG
—
  • Profit -91% below its own trend
  • Operating margin expanded 3360 bps YoY
  • 49% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +189%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +10.6%+7.0% 78.072.970.5
Operating profit +177.1%+136.0% 43.618.515.7
OPM % +3360 bps+3056 bps 55.9%25.3%22.3%
Other income -17.2%-28.3% 39.254.647.3
Net profit? -89.5%-93.1% 4.058.338.2
PAT margin % -4902 bps-7490 bps 5.1%80.0%54.2%
EPS (₹) -89.9%-93.4% 5.1077.0750.45

Quality of profit

Core 51%Other income & one-offs 49%

Pre-tax profit ₹79.4 Cr: core business ₹40.2 Cr, other income ₹39.2 Cr.

Core profit YoY: +189.1% · reported profit -89.5%

Against its own trend ?

TrendActualGap
Sales₹65.7₹78.0 +18.7% above
Net profit₹44.6₹4.0 -91.0% below
Detailed financials →

Emkay Global Financial Services Limited

EMKAY · NBFC & Finance Companies · Q2 FY26 · Consolidated
M Cap
₹750 Cr
P/E
38.4
PEG
12.80
  • Profit -98% below its own trend
  • Operating margin contracted 2497 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -33.3%-1.2% 72.173.0108
Operating profit -95.2%-75.8% 1.45.829.1
OPM % -2497 bps-603 bps 2.0%8.0%26.9%
Other income -26.4%+4.4% 5.04.86.8
Net profit? -98.2%-90.4% 0.54.825.9
PAT margin % -2335 bps-591 bps 0.6%6.6%24.0%
EPS (₹) -98.3%-90.4% 0.181.8810.43

Quality of profit

Pre-tax profit ₹0.3 Cr: core business −₹4.7 Cr, other income ₹5.0 Cr.

Core profit YoY: to loss · reported profit -98.2%

Cash & debt

FY25 cash from operations −₹2.0 Cr: -4% of FY25 net profit of ₹56.8 Cr.

Borrowings ₹68.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹103₹72.1 -30.1% below
Net profit₹19.5₹0.5 -97.6% below
📊 Investor presentation (27 Jul) Detailed financials →

Quick Heal Technologies Limited

QUICKHEAL · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹738 Cr
P/E
—
PEG
—
  • Profit +281% above its own trend
  • Operating margin expanded 687 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +13.6%+45.9% 83.557.273.5
Operating profit +200.7%from loss 9.2-9.73.1
OPM % +687 bps+2805 bps 11.1%-17.0%4.2%
Other income -15.8%-23.8% 4.45.85.2
Net profit? +90.6%from loss 7.9-5.54.2
PAT margin % +382 bps+1910 bps 9.5%-9.6%5.6%
EPS (₹) +85.7%from loss 1.43-1.000.77

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹10.3 Cr: core business ₹5.9 Cr, other income ₹4.4 Cr.

Core profit YoY: from loss · reported profit +90.6%

Cash & debt

FY25 cash from operations −₹22.0 Cr: -437% of FY25 net profit of ₹5.0 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹61.6₹83.5 +35.6% above
Net profit₹2.1₹7.9 +281.2% above
Detailed financials →

Stanley Lifestyles Limited

STANLEY · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹730 Cr
P/E
160.4
PEG
—
  • Profit -14% below its own trend
  • Operating margin expanded 557 bps YoY
  • 63% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +2.3%-3.0% 105109103
Operating profit +34.1%+10.2% 24.822.518.5
OPM % +557 bps+283 bps 23.5%20.7%18.0%
Other income -8.9%+10.9% 5.14.65.6
Net profit? +5.3%-23.1% 6.07.85.7
PAT margin % +16 bps-148 bps 5.7%7.2%5.5%
EPS (₹) -9.3%-29.0% 0.981.381.08

Quality of profit

Core 37%Other income & one-offs 63%

Pre-tax profit ₹8.1 Cr: core business ₹3.0 Cr, other income ₹5.1 Cr.

Core profit YoY: -6.3% · reported profit +5.3%

Cash & debt

FY25 cash from operations ₹68.0 Cr: 235% of FY25 net profit of ₹28.9 Cr.

Borrowings ₹189 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹101₹105 +4.0% in line
Net profit₹7.0₹6.0 -13.7% below
📊 Investor presentation (14 Aug) Detailed financials →

Emami Paper Mills Limited

EMAMIPAP · Paper · Q2 FY26 · Standalone
M Cap
₹714 Cr
P/E
—
PEG
—
  • Profit +75% above its own trend
  • 50% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -44%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -8.9%-2.0% 451460495
Operating profit -2.7%-5.3% 36.038.037.0
OPM % +51 bps-28 bps 8.0%8.3%7.5%
Other income +400.0%+150.0% 5.02.01.0
Net profit -12.5%+16.7% 7.06.08.0
PAT margin % -6 bps+25 bps 1.6%1.3%1.6%
EPS (₹) -12.8%+4.8% 1.091.041.25

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹10.0 Cr: core business ₹5.0 Cr, other income ₹5.0 Cr.

Core profit YoY: -44.4% · reported profit -12.5%

Cash & debt

FY25 cash from operations ₹44.0 Cr: 163% of FY25 net profit of ₹27.0 Cr.

Borrowings ₹941 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹471₹451 -4.2% in line
Net profit₹4.0₹7.0 +75.0% above
Detailed financials →

Ganesh Benzoplast Limited

GANESHBE · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹713 Cr
P/E
9.9
PEG
1.41
  • Profit +36% above its own trend
  • Operating margin contracted 328 bps YoY
  • 54% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹9.7 Cr in the quarter
  • Profit grew faster than the core business (core profit -14%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +1.0%+3.1% 99.096.098.0
Operating profit -12.0%-24.1% 22.029.025.0
OPM % -328 bps-798 bps 22.2%30.2%25.5%
Other income +49.0%+86.3% 7.54.05.0
Net profit? +48.5%+32.0% 23.818.016.0
PAT margin % +767 bps+525 bps 24.0%18.8%16.3%
EPS (₹) +44.1%+31.0% 3.302.522.29

Quality of profit

Core 46%Other income & one-offs 54%

Pre-tax profit ₹31.8 Cr: core business ₹14.6 Cr, other income ₹7.5 Cr, exceptional & other items ₹9.7 Cr.

Core profit YoY: -14.0% · reported profit +48.5%

Cash & debt

FY25 cash from operations ₹55.0 Cr: 148% of FY25 net profit of ₹37.2 Cr.

Borrowings ₹64.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹87.9₹99.0 +12.6% above
Net profit₹17.5₹23.8 +35.5% above
📊 Investor presentation (08 Jun) Detailed financials →

TVS Electronics Limited

TVSELECT · Computer Hardware · Q2 FY26 · Standalone
M Cap
₹710 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 123 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +21.9%+31.8% 12896.7105
Operating profit +81.4%+278.6% 4.81.32.6
OPM % +123 bps+244 bps 3.7%1.3%2.5%
Other income +169.1%+56.4% 1.81.20.7
Net profit from lossfrom loss 1.6-3.5-1.3
PAT margin % +248 bps+489 bps 1.2%-3.7%-1.3%
EPS (₹) from lossfrom loss 0.83-1.90-0.71

Quality of profit

Pre-tax profit ₹1.1 Cr: core business −₹0.7 Cr, other income ₹1.8 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹6.0 Cr.

Borrowings ₹43.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹120₹128 +6.7% above
📊 Investor presentation (01 Sep) Detailed financials →

Vascon Engineers Limited

VASCONEQ · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹709 Cr
P/E
12.5
PEG
—
  • Profit -45% below its own trend
  • 89% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -37%)
  • FY25 operating cash flow was only 4% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +12.9%+2.0% 226221200
Operating profit +9.2%+22.8% 15.712.814.3
OPM % -24 bps+118 bps 6.9%5.8%7.2%
Other income +38.5%-63.6% 7.620.85.5
Net profit? +10.9%-49.1% 11.422.510.3
PAT margin % -9 bps-509 bps 5.1%10.2%5.2%
EPS (₹) +10.9%-48.5% 0.510.990.46

Quality of profit

Core 11%Other income & one-offs 89%

Pre-tax profit ₹42.4 Cr: core business ₹4.8 Cr, other income ₹7.6 Cr, exceptional & other items ₹30.1 Cr.

Core profit YoY: -36.8% · reported profit +10.9%

Cash & debt

FY25 cash from operations ₹5.0 Cr: 4% of FY25 net profit of ₹118 Cr.

Borrowings ₹206 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹249₹226 -9.5% below
Net profit₹20.6₹11.4 -44.6% below
📊 Investor presentation (12 Aug) Detailed financials →

Speciality Restaurants Limited

SPECIALITY · Hotels & Resorts · Q2 FY26 · Consolidated
M Cap
₹694 Cr
P/E
30.6
PEG
—
  • Profit +144% above its own trend
  • Operating margin expanded 189 bps YoY
  • 64% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +11.6%+7.0% 116109104
Operating profit +25.9%+8.0% 19.317.915.3
OPM % +189 bps+14 bps 16.6%16.4%14.7%
Other income +2.3%-38.2% 3.55.73.5
Net profit? +56.8%-12.7% 4.55.12.9
PAT margin % +111 bps-87 bps 3.8%4.7%2.7%
EPS (₹) +71.4%-9.4% 0.961.060.56

Quality of profit

Core 36%Other income & one-offs 64%

Pre-tax profit ₹5.5 Cr: core business ₹2.0 Cr, other income ₹3.5 Cr.

Core profit YoY: — · reported profit +56.8%

Cash & debt

FY25 cash from operations ₹74.0 Cr: 337% of FY25 net profit of ₹22.0 Cr.

Borrowings ₹154 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹112₹116 +4.4% in line
Net profit₹1.8₹4.5 +143.6% above
📊 Investor presentation (10 Aug) Detailed financials →

Mercury Ev-Tech Limited

MERCURYEV · Passenger Cars & Utility Vehicles · Q2 FY26 · Consolidated
M Cap
₹694 Cr
P/E
155.3
PEG
—
  • 27% of pre-tax profit came from other income and one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales +50.7% 34.022.6
Operating profit +42.0% 3.02.1
OPM % -54 bps 8.9%9.4%
Other income +28.0% 0.60.5
Net profit? +35.4% 1.71.3
PAT margin % -57 bps 5.1%5.6%
EPS (₹) +28.6% 0.090.07

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹2.4 Cr: core business ₹1.7 Cr, other income ₹0.6 Cr.

Detailed financials →

JITF Infralogistics Limited

JITFINFRA · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹692 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -128% below its own trend
  • Operating margin expanded 639 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +11.8%-2.3% 538550481
Operating profit +59.1%-11.0% 11613072.7
OPM % +639 bps-211 bps 21.5%23.6%15.1%
Other income +0.2%+14.1% 10.89.510.8
Net profit? to lossloss widened -16.0-4.7113
PAT margin % -2655 bps-212 bps -3.0%-0.9%23.6%
EPS (₹) to lossloss widened -6.97-4.3331.22

Quality of profit

Pre-tax profit ₹0.5 Cr: core business −₹10.3 Cr, other income ₹10.8 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹185 Cr: 128% of FY25 net profit of ₹145 Cr.

Borrowings ₹3,504 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹491₹538 +9.5% above
Net profit₹56.7−₹16.0 -128.2% below
Detailed financials →

VLS Finance Limited

VLSFINANCE · NBFC & Finance Companies · Q2 FY26 · Consolidated
M Cap
₹691 Cr
P/E
15.0
PEG
—
  • Profit -82% below its own trend
  • Operating margin contracted 3303 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -86.1%-88.9% 11.099.079.0
Operating profit -91.9%-94.6% 5.093.062.0
OPM % -3303 bps-4848 bps 45.5%93.9%78.5%
Other income -25.0%+50.0% 3.02.04.0
Net profit? -86.3%-90.1% 7.071.051.0
PAT margin % -92 bps-808 bps 63.6%71.7%64.6%
EPS (₹) -86.1%-90.0% 2.0920.9215.02

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹7.0 Cr: core business ₹4.0 Cr, other income ₹3.0 Cr.

Core profit YoY: -93.4% · reported profit -86.3%

Cash & debt

FY25 cash from operations ₹200 Cr: 435% of FY25 net profit of ₹46.0 Cr.

Borrowings ₹1.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹67.2₹11.0 -83.6% below
Net profit₹38.0₹7.0 -81.6% below
Detailed financials →

Sical Logistics Limited

SICALLOG · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹676 Cr
P/E
9.2
PEG
0.35
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1161 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +83.6%-7.9% 89.897.548.9
Operating profit +333.0%-21.1% 18.122.94.2
OPM % +1161 bps-335 bps 20.2%23.5%8.5%
Other income +160.4%+989.3% 29.62.711.4
Net profit? from lossfrom loss 13.1-3.0-5.9
PAT margin % +2658 bps+1766 bps 14.6%-3.1%-12.0%
EPS (₹) from lossfrom loss 0.56-0.21-0.32

Quality of profit

Pre-tax profit ₹14.0 Cr: core business −₹15.7 Cr, other income ₹29.6 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹20.0 Cr.

Borrowings ₹608 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹71.7₹89.8 +25.2% above
Detailed financials →

OM INFRA LIMITED

OMINFRAL · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹674 Cr
P/E
20.4
PEG
0.43
  • Profit +136% above its own trend
  • Operating margin contracted 186 bps YoY
  • 61% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -89%)
  • FY25 operating cash flow was only 17% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -48.1%+18.6% 124104238
Operating profit -61.3%from loss 6.7-0.817.4
OPM % -186 bps+614 bps 5.4%-0.7%7.3%
Other income -58.8%-70.5% 1.65.23.8
Net profit? +78.6%from loss 7.0-1.03.9
PAT margin % +402 bps+660 bps 5.7%-0.9%1.6%
EPS (₹) +68.8%from loss 0.65-0.100.39

Quality of profit

Core 39%Other income & one-offs 61%

Pre-tax profit ₹2.5 Cr: core business ₹1.0 Cr, other income ₹1.6 Cr.

Core profit YoY: -89.1% · reported profit +78.6%

Cash & debt

FY25 cash from operations ₹6.0 Cr: 17% of FY25 net profit of ₹36.0 Cr.

Borrowings ₹71.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹143₹124 -13.3% below
Net profit₹3.0₹7.0 +136.0% above
📊 Investor presentation (26 Sep) Detailed financials →

How to read this page

The numbers. Each card is one company's Q2 FY26 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Net profit. On a consolidated statement, net profit is the profit of the whole group for the quarter, before minority interest. A company's own headline, and the AI read of its filing, often quote the profit attributable to its shareholders instead, which is lower when subsidiaries are partly owned: Larsen & Toubro's Q1 FY27 group profit was ₹4,988 Cr, of which ₹4,123 Cr belonged to its shareholders. EPS is worked out on that attributable profit, so EPS and net profit need not grow at the same rate. On a standalone statement the two are the same.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

Results calendarWho reports results today, tomorrow and this week. Strong quarterly resultsCompanies whose latest quarter showed profit up 30% or more. Live announcementsEvery NSE/BSE filing with an AI read, as it arrives. Company fundamentalsTen years of quarterly and annual financials.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI