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 20 Oct 2026, 22:44 IST 5073 declared
The next results season has started: 166 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
-10.0%
median; 0% of 1 stocks up
Other-income heavy
1339
25%+ of pre-tax profit from other income & one-offs

Latest Q2 FY26 results 5073

Page 141 of 170

Samsrita Labs Ltd

539267 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales —— 0.00.00.0
Operating profit loss widenedloss widened -4.9-0.3-0.0
Other income —— 0.00.00.0
Net profit loss widenedloss widened -4.9-0.3-0.0
EPS (₹) loss widenedloss widened -2.17-0.19-0.03

Quality of profit

Pre-tax profit −₹4.9 Cr: core business −₹4.9 Cr, other income ₹0.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹0.2 Cr.

Borrowings ₹2.4 Cr at Mar 2025.

Pecos Hotels and Pubs Ltd

539273 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -27% below its own trend
  • Operating margin contracted 533 bps YoY
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +7.6%+12.2% 5.85.25.4
Operating profit -18.8%+39.7% 0.90.71.2
OPM % -533 bps+323 bps 16.4%13.2%21.7%
Other income +38.5%+20.0% 0.20.10.1
Net profit -10.6%+31.0% 0.80.60.8
PAT margin % -267 bps+188 bps 13.1%11.2%15.8%
EPS (₹) -10.6%+30.9% 5.804.436.49

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹1.0 Cr: core business ₹0.8 Cr, other income ₹0.2 Cr.

Core profit YoY: -22.6% · reported profit -10.6%

Cash & debt

FY25 cash from operations ₹1.3 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5.8₹5.8 +0.5% in line
Net profit₹1.0₹0.8 -27.5% below

Mangalam Seeds Ltd

539275 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +38% above its own trend
  • Operating margin expanded 576 bps YoY
  • FY25 operating cash flow was only 0% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -16.6%-62.8% 18.349.121.9
Operating profit +12.4%-31.5% 4.16.03.6
OPM % +576 bps+1017 bps 22.3%12.1%16.5%
Other income +50.0%+50.0% 0.00.00.0
Net profit? +9.1%-54.0% 1.83.91.6
PAT margin % +231 bps+187 bps 9.8%7.9%7.5%
EPS (₹) +8.7%-54.1% 1.623.531.49

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹2.5 Cr: core business ₹2.5 Cr, other income ₹0.0 Cr.

Core profit YoY: +23.6% · reported profit +9.1%

Cash & debt

FY25 cash from operations ₹0.0 Cr: 0% of FY25 net profit of ₹10.3 Cr.

Borrowings ₹65.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹26.6₹18.3 -31.3% below
Net profit₹1.3₹1.8 +38.4% above

Alstone Textiles (India) Ltd

539277 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales —— 0.00.00.0
Operating profit loss widenedloss widened -0.7-0.0-0.1
Other income —+24.7% 2.21.80.1
Net profit —-14.3% 1.51.80.0
EPS (₹) —— 0.000.000.00

Quality of profit

Pre-tax profit ₹1.5 Cr: core business −₹0.7 Cr, other income ₹2.2 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹1.6 Cr: 52% of FY25 net profit of ₹3.1 Cr.

Borrowings ₹1,422 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.0₹1.5 +999.0% above

Sunrakshakk Industries India Ltd

539300 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 860 bps YoY
  • FY25 operating cash flow was only 0% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +348.1%-3.2% 12112527.0
Operating profit +140.0%+0.0% 12.012.05.0
OPM % -860 bps+32 bps 9.9%9.6%18.5%
Other income —— 1.00.00.0
Net profit? +250.0%+0.0% 7.07.02.0
PAT margin % -162 bps+19 bps 5.8%5.6%7.4%
EPS (₹) —+6.7% 2.242.100.74

No EPS growth against Sep 2024: ₹10 to ₹2 split in Oct 2025.

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹9.0 Cr: core business ₹8.0 Cr, other income ₹1.0 Cr.

Core profit YoY: +166.7% · reported profit +250.0%

Cash & debt

FY25 cash from operations ₹0.0 Cr: 0% of FY25 net profit of ₹10.0 Cr.

Borrowings ₹43.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹54.0₹121 +124.1% above
🎙 Earnings call transcript (19 Aug) 📊 Investor presentation (14 Aug)

Thinkink Picturez Ltd

539310 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -96% below its own trend
  • Operating margin contracted 3231 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -87.2%-85.8% 0.11.11.2
Operating profit -94.2%-95.0% 0.00.80.7
OPM % -3231 bps-4881 bps 26.7%75.5%59.0%
Other income —— 0.00.00.0
Net profit -95.7%-96.2% 0.00.50.5
PAT margin % -2598 bps-3667 bps 13.3%50.0%39.3%
EPS (₹) —— 0.000.000.00

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.

Core profit YoY: -96.9% · reported profit -95.7%

Cash & debt

FY25 cash from operations −₹43.8 Cr.

Borrowings ₹0.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1.1₹0.1 -86.6% below
Net profit₹0.5₹0.0 -95.6% below

Universal Autofoundry Ltd

539314 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -22% below its own trend
  • Operating margin contracted 280 bps YoY
  • 49% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +10.1%+17.6% 54.946.649.8
Operating profit -23.2%+18.3% 3.53.04.6
OPM % -280 bps+4 bps 6.5%6.4%9.3%
Other income +78.6%+2.0% 0.50.50.3
Net profit -35.1%-10.3% 0.60.70.9
PAT margin % -77 bps-35 bps 1.1%1.5%1.9%
EPS (₹) -35.5%-10.9% 0.490.550.76

Quality of profit

Core 51%Other income & one-offs 49%

Pre-tax profit ₹1.0 Cr: core business ₹0.5 Cr, other income ₹0.5 Cr.

Core profit YoY: -51.4% · reported profit -35.1%

Cash & debt

FY25 cash from operations ₹5.0 Cr: 213% of FY25 net profit of ₹2.4 Cr.

Borrowings ₹46.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹51.5₹54.9 +6.5% above
Net profit₹0.8₹0.6 -22.0% below
📊 Investor presentation (30 Jul)

Callista Industries Ltd

539335 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales —— 0.00.00.0
Operating profit loss widenedloss widened -0.1-0.0-0.0
Other income —— 0.00.00.0
Net profit loss widenedloss widened -0.1-0.0-0.0
EPS (₹) loss widenedloss widened -0.16-0.10-0.03

Quality of profit

Pre-tax profit −₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹0.6 Cr.

Borrowings ₹1.4 Cr at Mar 2025.

Waaree Technologies Ltd

539337 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 1616 bps YoY
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -26.6%-11.4% 4.14.65.6
Operating profit loss narrowedloss narrowed -1.1-3.1-2.4
OPM % +1616 bps+4007 bps -26.5%-66.6%-42.7%
Other income +375.0%+5.6% 0.20.20.0
Net profit loss narrowedloss narrowed -1.7-3.0-2.6
PAT margin % +494 bps+2345 bps -41.8%-65.3%-46.8%
EPS (₹) loss narrowedloss narrowed -1.60-2.81-2.43

Quality of profit

Pre-tax profit −₹2.3 Cr: core business −₹2.5 Cr, other income ₹0.2 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹1.7 Cr.

Borrowings ₹17.7 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.8₹4.1 +46.8% above

Sal Automotive Ltd

539353 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +15% above its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +14.2%+7.8% 10810094.4
Operating profit +6.9%+50.4% 3.72.53.5
OPM % -24 bps+98 bps 3.5%2.5%3.7%
Other income +31.2%+23.5% 0.20.20.2
Net profit +18.5%+116.3% 1.90.91.6
PAT margin % +6 bps+87 bps 1.7%0.9%1.7%
EPS (₹) +18.7%+116.8% 3.881.793.27

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹2.5 Cr: core business ₹2.3 Cr, other income ₹0.2 Cr.

Core profit YoY: +21.7% · reported profit +18.5%

Cash & debt

FY25 cash from operations ₹10.0 Cr: 186% of FY25 net profit of ₹5.4 Cr.

Borrowings ₹24.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹111₹108 -2.4% in line
Net profit₹1.6₹1.9 +14.8% above

Polyspin Exports Ltd

539354 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +564% above its own trend
  • Operating margin contracted 103 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -54%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -4.3%+2.6% 58.957.461.5
Operating profit -17.4%+13.2% 3.93.44.7
OPM % -103 bps+61 bps 6.5%5.9%7.6%
Other income +47.2%-6.0% 0.80.80.5
Net profit? +261.2%+72.9% 2.41.40.7
PAT margin % +302 bps+167 bps 4.1%2.4%1.1%
EPS (₹) +261.2%+72.9% 2.421.400.67

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹1.8 Cr: core business ₹1.0 Cr, other income ₹0.8 Cr.

Core profit YoY: -53.8% · reported profit +261.2%

Cash & debt

FY25 cash from operations −₹9.0 Cr: -219% of FY25 net profit of ₹4.1 Cr.

Borrowings ₹85.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹71.7₹58.9 -17.8% below
Net profit₹0.4₹2.4 +563.9% above

Soni Medicare Ltd

539378 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 1796 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -24.2%-13.1% 6.57.58.6
Operating profit to lossto loss -0.50.10.9
OPM % -1796 bps-904 bps -7.8%1.2%10.1%
Other income —— 0.00.00.0
Net profit to lossloss widened -0.9-0.30.5
PAT margin % -1960 bps-1026 bps -14.1%-3.9%5.5%
EPS (₹) to lossloss widened -2.16-0.681.10

Quality of profit

Pre-tax profit −₹0.9 Cr: core business −₹0.9 Cr, other income ₹0.0 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹1.5 Cr.

Borrowings ₹10.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹9.1₹6.5 -28.8% below

Mahaveer Infoway Ltd

539383 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -80% below its own trend
  • Operating margin contracted 1261 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -34.3%-10.7% 0.70.81.0
Operating profit -72.7%-62.5% 0.10.20.2
OPM % -1261 bps-1238 bps 9.0%21.3%21.6%
Other income —— 0.00.00.0
Net profit -81.2%-70.0% 0.00.10.2
PAT margin % -1121 bps-886 bps 4.5%13.3%15.7%
EPS (₹) -82.8%-72.2% 0.050.180.29

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.

Core profit YoY: -81.2% · reported profit -81.2%

Cash & debt

FY25 cash from operations −₹0.1 Cr: -143% of FY25 net profit of ₹0.1 Cr.

Borrowings ₹1.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.5₹0.7 +26.1% above
Net profit₹0.2₹0.0 -80.1% below

Vishal Bearings Ltd

539398 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 483 bps YoY
  • Core business grew faster than reported profit (core profit +139%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -1.5%-2.2% 21.822.222.1
Operating profit +30.4%+550.0% 4.30.73.3
OPM % +483 bps+1676 bps 19.7%3.0%14.9%
Other income +75.0%-70.8% 0.10.20.0
Net profit +97.8%from loss 1.8-1.70.9
PAT margin % +411 bps+1570 bps 8.2%-7.5%4.1%
EPS (₹) +98.8%from loss 1.65-1.550.83

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹1.7 Cr: core business ₹1.6 Cr, other income ₹0.1 Cr.

Core profit YoY: +138.8% · reported profit +97.8%

Cash & debt

FY25 cash from operations ₹8.7 Cr.

Borrowings ₹57.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹19.7₹21.8 +10.2% above

Patdiam Jewellery Ltd

539401 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -47% below its own trend
  • Operating margin contracted 286 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Profit grew faster than the core business (core profit -100%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -1.4%-23.6% 68.089.069.0
Operating profit -50.0%-81.8% 2.011.04.0
OPM % -286 bps-942 bps 2.9%12.4%5.8%
Other income +200.0%+0.0% 3.03.01.0
Net profit +0.0%-66.7% 3.09.03.0
PAT margin % +6 bps-570 bps 4.4%10.1%4.3%
EPS (₹) -0.3%-70.5% 6.2821.296.30

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹4.0 Cr: core business ₹0.0 Cr, other income ₹3.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -100.0% · reported profit +0.0%

Cash & debt

FY25 cash from operations −₹5.0 Cr.

Borrowings ₹15.0 Cr at Sep 2025, against ₹14.0 Cr at Mar 2025 (+7%).

Against its own trend ?

TrendActualGap
Sales₹108₹68.0 -36.8% below
Net profit₹5.6₹3.0 -46.7% below

Swagtam Trading & Services Ltd

539406 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales —— 0.00.00.0
Operating profit —loss narrowed -0.0-0.1-0.0
Other income +33.3%+14.3% 0.10.10.1
Net profit +100.0%— 0.00.00.0
EPS (₹) +100.0%— 0.340.000.17

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.

Core profit YoY: — · reported profit +100.0%

Cash & debt

FY25 cash from operations −₹0.4 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.0₹0.0 +0.0% in line

Neeraj Paper Marketing Ltd

539409 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -18% below its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -37.9%-27.2% 34.947.956.1
Operating profit -62.8%-25.6% 0.30.40.9
OPM % -61 bps+2 bps 0.9%0.9%1.5%
Other income —-100.0% 0.00.00.0
Net profit -47.1%+0.0% 0.10.10.2
PAT margin % -4 bps+7 bps 0.3%0.2%0.3%
EPS (₹) -46.7%+0.0% 0.080.080.15

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹0.1 Cr: core business ₹0.1 Cr, other income ₹0.0 Cr.

Core profit YoY: -39.1% · reported profit -47.1%

Cash & debt

FY25 cash from operations ₹13.0 Cr: 5417% of FY25 net profit of ₹0.2 Cr.

Borrowings ₹15.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹65.6₹34.9 -46.9% below
Net profit₹0.1₹0.1 -17.6% below

Tejnaksh Healthcare Ltd

539428 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -48% below its own trend
  • Operating margin contracted 858 bps YoY
  • FY25 operating cash flow was only 17% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -11.6%+12.9% 3.02.63.4
Operating profit -33.6%+28.3% 0.80.61.2
OPM % -858 bps+311 bps 25.8%22.7%34.4%
Other income +0.0%+0.0% 0.10.10.1
Net profit? -49.2%+57.1% 0.30.20.7
PAT margin % -821 bps+312 bps 11.1%8.0%19.3%
EPS (₹) -51.6%+25.0% 0.150.120.31

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹0.5 Cr: core business ₹0.4 Cr, other income ₹0.1 Cr.

Core profit YoY: -47.3% · reported profit -49.2%

Cash & debt

FY25 cash from operations ₹0.4 Cr: 17% of FY25 net profit of ₹2.2 Cr.

Borrowings ₹1.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹3.5₹3.0 -16.0% below
Net profit₹0.6₹0.3 -47.9% below

Richfield Financial Services Ltd

539435 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 6764 bps YoY
  • 41% 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 +243.0%+23.7% 2.72.20.8
Operating profit from loss+38.9% 1.20.9-0.2
OPM % +6764 bps+503 bps 46.1%41.1%-21.5%
Other income +35.7%+375.0% 0.20.00.1
Net profit from loss+277.8% 0.30.1-0.0
PAT margin % +1634 bps+844 bps 12.5%4.1%-3.8%
EPS (₹) from loss+275.0% 0.450.12-0.04

Quality of profit

Core 59%Other income & one-offs 41%

Pre-tax profit ₹0.5 Cr: core business ₹0.3 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹20.7 Cr: -14800% of FY25 net profit of ₹0.1 Cr.

Borrowings ₹26.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1.6₹2.7 +71.5% above

IGC Industries Ltd

539449 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -100.0%— 0.00.02.0
Operating profit —— 0.00.00.0
Other income —— 0.00.00.0
Net profit —— 0.00.00.0
EPS (₹) -100.0%— 0.000.000.08

Quality of profit

Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.

Cash & debt

FY25 cash from operations −₹22.0 Cr.

Borrowings ₹10.0 Cr at Mar 2025.

Aryavan Enterprise Ltd

539455 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 408 bps YoY
  • 95% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -90%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +4.4%-40.7% 6.711.36.4
Operating profit -89.7%-94.1% 0.00.50.3
OPM % -408 bps-408 bps 0.4%4.5%4.5%
Other income —+78.8% 0.60.30.0
Net profit +112.0%-8.6% 0.50.60.2
PAT margin % +403 bps+279 bps 7.9%5.1%3.9%
EPS (₹) +16.9%-8.4% 0.760.830.65

Quality of profit

Core 5%Other income & one-offs 95%

Pre-tax profit ₹0.6 Cr: core business ₹0.0 Cr, other income ₹0.6 Cr.

Core profit YoY: -89.7% · reported profit +112.0%

Cash & debt

FY25 cash from operations −₹7.3 Cr: -481% of FY25 net profit of ₹1.5 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹12.8₹6.7 -47.8% below
Net profit₹0.5₹0.5 +6.0% in line

Panorama Studios International Ltd

539469 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -83% below its own trend
  • Operating margin contracted 616 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 -5.2%-42.9% 77.913682.1
Operating profit -67.6%-67.2% 2.57.67.7
OPM % -616 bps-236 bps 3.2%5.6%9.4%
Other income +248.5%+118.1% 3.41.61.0
Net profit? -83.3%-76.0% 0.83.55.0
PAT margin % -504 bps-149 bps 1.1%2.6%6.1%
EPS (₹) —— 0.080.210.25

No EPS growth against Jun 2025 and Sep 2024: 5:2 bonus in Dec 2025.

Quality of profit

Pre-tax profit ₹1.5 Cr: core business −₹1.8 Cr, other income ₹3.4 Cr.

Core profit YoY: to loss · reported profit -83.3%

Cash & debt

FY25 cash from operations −₹26.0 Cr: -65% of FY25 net profit of ₹39.8 Cr.

Borrowings ₹78.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹107₹77.9 -27.1% below
Net profit₹4.9₹0.8 -82.9% below

Shree Ganesh Biotech (India) Ltd

539470 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -98% below its own trend
  • Operating margin contracted 5296 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 -61.1%-44.2% 0.81.42.0
Operating profit to lossloss widened -0.4-0.10.0
OPM % -5296 bps-4543 bps -51.9%-6.5%1.0%
Other income +36.7%-2.4% 0.40.40.3
Net profit -96.9%-97.0% 0.00.30.3
PAT margin % -1486 bps-2261 bps 1.3%23.9%16.2%
EPS (₹) -100.0%-100.0% 0.000.010.01

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹0.4 Cr, other income ₹0.4 Cr.

Core profit YoY: to loss · reported profit -96.9%

Cash & debt

FY25 cash from operations −₹10.2 Cr: -2687% of FY25 net profit of ₹0.4 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1.3₹0.8 -39.1% below
Net profit₹0.6₹0.0 -98.4% below

GTV Engineering Ltd

539479 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +81% above its own trend
  • Operating margin expanded 654 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +114%)
  • FY25 operating cash flow was only 18% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +4.0%+48.5% 24.516.523.6
Operating profit +86.6%+24.4% 3.62.91.9
OPM % +654 bps-286 bps 14.8%17.6%8.2%
Other income —— 1.20.10.0
Net profit +205.2%+68.7% 3.52.11.1
PAT margin % +945 bps+172 bps 14.3%12.6%4.9%
EPS (₹) +212.5%+70.5% 0.750.440.24

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹4.7 Cr: core business ₹3.4 Cr, other income ₹1.2 Cr.

Core profit YoY: +114.5% · reported profit +205.2%

Cash & debt

FY25 cash from operations ₹2.0 Cr: 18% of FY25 net profit of ₹11.1 Cr.

Borrowings ₹12.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹14.4₹24.5 +69.6% above
Net profit₹1.9₹3.5 +81.5% above

Quint Digital Ltd

539515 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 1607 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -11.2%-2.5% 7.88.08.8
Operating profit loss narrowedloss widened -2.5-2.3-4.3
OPM % +1607 bps-382 bps -32.7%-28.9%-48.8%
Other income -57.1%-43.7% 4.47.910.4
Net profit? loss narrowedto loss -0.14.5-0.8
PAT margin % +837 bps-5696 bps -0.6%56.3%-9.0%
EPS (₹) from loss-99.0% 0.010.97-0.21

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹4.4 Cr, other income ₹4.4 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹30.0 Cr.

Borrowings ₹153 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4.5₹7.8 +71.6% above

Uday Jewellery Industries Ltd

539518 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +20% above its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +119.4%+20.4% 13611362.0
Operating profit +100.0%-27.3% 8.011.04.0
OPM % -57 bps-385 bps 5.9%9.7%6.5%
Other income —— 1.00.00.0
Net profit +100.0%-25.0% 6.08.03.0
PAT margin % -43 bps-267 bps 4.4%7.1%4.8%
EPS (₹) +101.6%-27.4% 2.463.391.22

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹8.0 Cr: core business ₹8.0 Cr, other income ₹1.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +100.0% · reported profit +100.0%

Cash & debt

FY25 cash from operations −₹18.0 Cr: -138% of FY25 net profit of ₹13.0 Cr.

Borrowings ₹25.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹124₹136 +9.7% above
Net profit₹5.0₹6.0 +20.0% above

Sattva Sukun Lifecare Ltd

539519 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -37% below its own trend
  • Operating margin contracted 5209 bps YoY
  • FY25 operating cash flow was only 4% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +979.5%— 16.81.21.6
Operating profit +26.1%+48.7% 1.20.80.9
OPM % -5209 bps-5705 bps 6.9%63.9%59.0%
Other income +0.0%— 0.00.00.0
Net profit? +25.8%+20.0% 0.80.70.6
PAT margin % -3511 bps-4865 bps 4.6%53.3%39.7%
EPS (₹) —+0.0% 0.020.020.00

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹1.1 Cr: core business ₹1.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +25.9% · reported profit +25.8%

Cash & debt

FY25 cash from operations ₹0.1 Cr: 4% of FY25 net profit of ₹2.5 Cr.

Borrowings ₹0.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.4₹16.8 +602.8% above
Net profit₹1.2₹0.8 -37.1% below

Grovy India Ltd

539522 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +850% above its own trend
  • Operating margin expanded 1148 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 —+81.3% 15.08.21.1
Operating profit from loss-74.7% 0.41.5-0.1
OPM % +1148 bps-1522 bps 2.5%17.7%-9.0%
Other income +307.1%— 0.60.00.1
Net profit —-65.5% 0.41.10.0
PAT margin % +74 bps-1079 bps 2.5%13.3%1.8%
EPS (₹) —-65.9% 0.280.820.02

No EPS growth against Sep 2024: 3:1 bonus in Oct 2024.

Quality of profit

Pre-tax profit ₹0.5 Cr: core business −₹0.1 Cr, other income ₹0.6 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹13.4 Cr: -750% of FY25 net profit of ₹1.8 Cr.

Borrowings ₹24.6 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.2₹15.0 +573.9% above
Net profit₹0.0₹0.4 +850.0% above
📊 Investor presentation (23 Jul)

Suncare Traders Ltd

539526 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales —— 2.60.00.0
Operating profit from lossfrom loss 0.8-0.2-2.4
OPM % —— 29.4%——
Other income to lossto loss -1.91.12.6
Net profit to lossto loss -1.11.00.3
PAT margin % —— -42.7%——
EPS (₹) to lossto loss -0.040.040.01

Quality of profit

Pre-tax profit −₹1.1 Cr: core business ₹0.8 Cr, other income −₹1.9 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹3.3 Cr: -556% of FY25 net profit of ₹0.6 Cr.

Borrowings ₹5.7 Cr at Mar 2025.

Creative Castings Ltd

539527 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +48% above its own trend
  • Operating margin contracted 107 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +19.7%+33.5% 12.79.510.6
Operating profit +8.3%+120.3% 1.30.61.2
OPM % -107 bps+404 bps 10.3%6.2%11.3%
Other income +36.7%+0.0% 0.40.40.3
Net profit +0.0%+40.5% 1.00.71.0
PAT margin % -162 bps+41 bps 8.2%7.8%9.8%
EPS (₹) +0.0%+40.6% 8.005.698.00

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹1.6 Cr: core business ₹1.1 Cr, other income ₹0.4 Cr.

Core profit YoY: +9.6% · reported profit +0.0%

Cash & debt

FY25 cash from operations ₹5.4 Cr: 149% of FY25 net profit of ₹3.6 Cr.

Borrowings ₹0.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹7.3₹12.7 +73.4% above
Net profit₹0.7₹1.0 +48.0% above

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, the year's cash-flow statement with the March results and the half-year's (April to September) with the September results.

Management guidance. When a company files the transcript of its earnings call, we read what its management said to expect: revenue or profit growth, margins, capex and the like, for this financial year or part of it. A figure is kept only when the sentence that states it is found in the transcript, and you can read it under "What management said". Growth and margins are then set beside the actual so far: the year-to-date quarters against the same quarters a year earlier (so the first half is measured against a full-year figure). Within 1 percentage point of the range for growth, or 0.5 for margins, is "on track"; above it "ahead", below it "behind". A new figure for the same period is marked raised or cut against the one before. This is what management said, not a forecast of ours.

Working capital. Inventory, trade receivables and trade payables from the same balance sheets, each also as days of sales (the amount against the twelve months' sales to that date, times 365). Receivables or inventory that grow 25 points or more faster than sales between two balance sheets (and by at least 20%) are flagged: money tied up in customers and stock is profit not yet in cash. These lines are read from filings since the September 2026 results, so comparisons with an earlier balance sheet start with the March 2027 results for most companies.

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