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, 21:04 IST 5073 declared
The next results season has started: 44 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 15 of 45

Anlon Technology Solutions Limited

ANLON · Miscellaneous · H1 FY26 · Standalone
M Cap
₹501 Cr
P/E
38.6
PEG
0.84
  • Operating margin contracted 398 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +25%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +115.8%+32.3% 41.031.019.0
Operating profit +75.0%+16.7% 7.06.04.0
OPM % -398 bps-228 bps 17.1%19.4%21.1%
Other income —— 1.00.00.0
Net profit +66.7%+25.0% 5.04.03.0
PAT margin % -359 bps-71 bps 12.2%12.9%15.8%
EPS (₹) +112.3%+37.5% 8.666.304.08

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹7.0 Cr: core business ₹5.0 Cr, other income ₹1.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +25.0% · reported profit +66.7%

Cash & debt

FY25 cash from operations −₹17.0 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹26.9₹41.0 +52.3% above
Net profit₹4.9₹5.0 +3.0% in line
Detailed financials →

W S Industries (I) Limited

WSI · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹494 Cr
P/E
222.5
PEG
—
  • Profit -85% below its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -61.3%-7.7% 24.126.162.1
Operating profit -61.2%-26.7% 2.43.36.2
OPM % +1 bps-261 bps 10.1%12.7%10.1%
Other income -22.8%-15.8% 0.60.80.8
Net profit? -92.5%-78.7% 0.31.43.9
PAT margin % -503 bps-401 bps 1.2%5.2%6.2%
EPS (₹) -98.4%-94.7% 0.010.190.64

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹0.3 Cr, other income ₹0.6 Cr.

Core profit YoY: to loss · reported profit -92.5%

Cash & debt

FY25 cash from operations −₹82.6 Cr.

Borrowings ₹87.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹32.3₹24.1 -25.4% below
Net profit₹1.9₹0.3 -85.0% below
Detailed financials →

Munjal Showa Limited

MUNJALSHOW · Auto Components · Q2 FY26 · Standalone
M Cap
₹490 Cr
P/E
19.8
PEG
9.88
  • Profit +45% above its own trend
  • Operating margin expanded 259 bps YoY
  • 86% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +4.7%+16.3% 333286318
Operating profit from loss+99.4% 3.11.6-5.2
OPM % +259 bps+39 bps 0.9%0.5%-1.6%
Other income -63.3%-69.3% 3.411.09.2
Net profit +33.2%-67.0% 2.78.32.0
PAT margin % +18 bps-207 bps 0.8%2.9%0.6%
EPS (₹) +33.3%-67.1% 0.682.070.51

Quality of profit

Core 14%Other income & one-offs 86%

Pre-tax profit ₹4.0 Cr: core business ₹0.6 Cr, other income ₹3.4 Cr.

Core profit YoY: from loss · reported profit +33.2%

Cash & debt

FY25 cash from operations ₹37.0 Cr: 128% of FY25 net profit of ₹28.9 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹331₹333 +0.6% in line
Net profit₹1.9₹2.7 +45.1% above
Detailed financials →

Oswal Greentech Limited

OSWALGREEN · NBFC & Finance Companies · Q2 FY26 · Standalone
M Cap
₹487 Cr
P/E
—
PEG
—
  • Operating margin expanded 1176 bps YoY
  • 88% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +13.3%-15.0% 17.020.015.0
Operating profit —+100.0% 2.01.00.0
OPM % +1176 bps+676 bps 11.8%5.0%0.0%
Other income +16.7%+0.0% 7.07.06.0
Net profit +50.0%-14.3% 6.07.04.0
PAT margin % +863 bps+29 bps 35.3%35.0%26.7%
EPS (₹) +40.0%-19.2% 0.210.260.15

Quality of profit

Core 12%Other income & one-offs 88%

Pre-tax profit ₹8.0 Cr: core business ₹1.0 Cr, other income ₹7.0 Cr.

Core profit YoY: from loss · reported profit +50.0%

Cash & debt

FY25 cash from operations ₹110 Cr: 1222% of FY25 net profit of ₹9.0 Cr.

Borrowings ₹6.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹19.6₹17.0 -13.3% below
Detailed financials →

Plastiblends India Limited

PLASTIBLEN · Chemicals · Q2 FY26 · Consolidated
M Cap
₹486 Cr
P/E
—
PEG
—
  • Profit +28% above its own trend
  • 35% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +3.9%-3.5% 193200185
Operating profit +11.2%-19.4% 10.913.59.8
OPM % +37 bps-111 bps 5.6%6.8%5.3%
Other income +33.3%+39.1% 3.52.52.6
Net profit? +17.9%-16.7% 7.48.96.3
PAT margin % +46 bps-61 bps 3.9%4.5%3.4%

Quality of profit

Core 65%Other income & one-offs 35%

Pre-tax profit ₹10.0 Cr: core business ₹6.5 Cr, other income ₹3.5 Cr.

Core profit YoY: +14.9% · reported profit +17.9%

Against its own trend ?

TrendActualGap
Sales₹174₹193 +10.6% above
Net profit₹5.8₹7.4 +28.3% above
Detailed financials →

Pansari Developers Limited

PANSARI · Construction & Infrastructure · Q2 FY26 · Standalone
M Cap
₹474 Cr
P/E
24.0
PEG
0.20
  • Profit +79% above its own trend
  • Operating margin contracted 1945 bps YoY
  • 42% 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 +354.2%+55.4% 27.617.76.1
Operating profit +95.2%-28.4% 4.05.62.1
OPM % -1945 bps-1714 bps 14.7%31.8%34.1%
Other income +76.7%+91.6% 2.01.11.2
Net profit +258.2%-21.3% 3.34.10.9
PAT margin % -317 bps-1151 bps 11.8%23.3%15.0%
EPS (₹) +259.6%-21.1% 1.872.370.52

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹4.9 Cr: core business ₹2.9 Cr, other income ₹2.0 Cr.

Core profit YoY: — · reported profit +258.2%

Cash & debt

FY25 cash from operations −₹13.0 Cr: -139% of FY25 net profit of ₹9.3 Cr.

Borrowings ₹72.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹9.2₹27.6 +199.5% above
Net profit₹1.8₹3.3 +79.1% above
Detailed financials →

Singer India Limited

SINGERIND · Consumer Durables & Appliances · Q2 FY26 · Standalone
M Cap
₹472 Cr
P/E
26.1
PEG
—
  • 31% of pre-tax profit came from other income and one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales +49.7% 13892.1
Operating profit from loss 4.3-3.7
OPM % +715 bps 3.1%-4.1%
Other income +21.6% 1.61.3
Net profit from loss 3.8-2.4
PAT margin % +534 bps 2.8%-2.6%
EPS (₹) from loss 0.62-0.38

Quality of profit

Core 69%Other income & one-offs 31%

Pre-tax profit ₹5.2 Cr: core business ₹3.6 Cr, other income ₹1.6 Cr.

Detailed financials →

The Investment Trust Of India Limited

THEINVEST · NBFC & Finance Companies · Q2 FY26 · Consolidated
M Cap
₹467 Cr
P/E
12.7
PEG
0.34
  • Profit -77% below its own trend
  • 71% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -28.9%+12.8% 79.170.1111
Operating profit -29.9%-6.1% 16.617.623.6
OPM % -31 bps-422 bps 20.9%25.1%21.2%
Other income -55.2%-35.3% 5.78.912.8
Net profit? -72.5%-45.0% 5.610.220.4
PAT margin % -1127 bps-745 bps 7.1%14.6%18.4%
EPS (₹) -85.6%-68.0% 0.561.753.90

Quality of profit

Core 28%Other income & one-offs 72%

Pre-tax profit ₹8.0 Cr: core business ₹2.3 Cr, other income ₹5.7 Cr.

Core profit YoY: -81.3% · reported profit -72.5%

Cash & debt

FY25 cash from operations ₹125 Cr: 272% of FY25 net profit of ₹45.9 Cr.

Borrowings ₹378 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹124₹79.1 -36.5% below
Net profit₹24.7₹5.6 -77.3% below
Detailed financials →

3i Infotech Limited

3IINFOLTD · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹467 Cr
P/E
13.3
PEG
0.10
  • Turnaround: profit against a loss a year ago
  • Operating margin contracted 346 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -1.5%+2.5% 175171178
Operating profit to lossloss widened -5.3-3.50.8
OPM % -346 bps-100 bps -3.0%-2.0%0.4%
Other income —+66.4% 35.821.52.2
Net profit? from loss+141.1% 18.27.5-10.0
PAT margin % +1604 bps+598 bps 10.4%4.4%-5.6%
EPS (₹) from loss+140.5% 0.890.37-0.48

Quality of profit

Pre-tax profit ₹25.0 Cr: core business −₹10.8 Cr, other income ₹35.8 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹28.0 Cr: 110% of FY25 net profit of ₹25.3 Cr.

Borrowings ₹64.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹160₹175 +9.2% above
📊 Investor presentation (23 Jul) Detailed financials →

Mindteck (India) Limited

MINDTECK · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹462 Cr
P/E
15.0
PEG
0.83
  • Profit -14% below its own trend
  • 41% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹1.9 Cr in the quarter
  • Profit grew faster than the core business (core profit -21%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -6.1%+0.6% 102101108
Operating profit -16.1%-27.9% 7.210.08.6
OPM % -84 bps-281 bps 7.1%9.9%7.9%
Other income +20.6%-29.7% 2.13.01.8
Net profit? -0.1%-16.0% 7.69.07.6
PAT margin % +44 bps-147 bps 7.4%8.9%7.0%
EPS (₹) -0.8%-13.9% 2.362.742.38

Quality of profit

Core 59%Other income & one-offs 41%

Pre-tax profit ₹9.8 Cr: core business ₹5.8 Cr, other income ₹2.1 Cr, exceptional & other items ₹1.9 Cr.

Core profit YoY: -20.5% · reported profit -0.1%

Cash & debt

FY25 cash from operations ₹24.0 Cr: 84% of FY25 net profit of ₹28.6 Cr.

Borrowings ₹7.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹116₹102 -12.4% below
Net profit₹8.7₹7.6 -13.5% below
Detailed financials →

Sukhjit Starch & Chemicals Limited

SUKHJITS · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹459 Cr
P/E
13.1
PEG
—
  • Profit -32% below its own trend
  • Operating margin contracted 300 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%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -13.8%-13.1% 319367370
Operating profit -43.8%+5.7% 18.017.032.0
OPM % -300 bps+100 bps 5.6%4.6%8.6%
Other income +66.7%+74.8% 5.02.93.0
Net profit? -65.7%-9.5% 4.34.812.6
PAT margin % -204 bps+5 bps 1.3%1.3%3.4%
EPS (₹) -65.6%-9.2% 1.381.52adj. 4.01

EPS restated for the ₹10 to ₹5 split of Oct 2024: Sep 2024 ₹8.03 to ₹4.01.

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹4.9 Cr: core business ₹0.0 Cr, other income ₹5.0 Cr.

Core profit YoY: -100.0% · reported profit -65.7%

Cash & debt

FY25 cash from operations ₹68.0 Cr: 169% of FY25 net profit of ₹40.1 Cr.

Borrowings ₹299 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹374₹319 -14.6% below
Net profit₹6.4₹4.3 -32.3% below
Detailed financials →

Omax Autos Limited

OMAXAUTO · Auto Components · Q2 FY26 · Standalone
M Cap
₹456 Cr
P/E
11.5
PEG
0.21
  • Operating margin contracted 318 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +11.4%-12.0% 88.010079.0
Operating profit -28.6%-37.5% 5.08.07.0
OPM % -318 bps-232 bps 5.7%8.0%8.9%
Other income -72.0%-22.2% 7.09.025.0
Net profit -100.0%-100.0% 0.07.016.0
PAT margin % -2025 bps-700 bps 0.0%7.0%20.3%
EPS (₹) -97.9%-95.5% 0.153.347.27

Quality of profit

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

Core profit YoY: — · reported profit -100.0%

Cash & debt

FY25 cash from operations ₹34.0 Cr: 155% of FY25 net profit of ₹22.0 Cr.

Borrowings ₹77.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹84.9₹88.0 +3.6% in line
Detailed financials →

Asahi Songwon Colors Limited

ASAHISONG · Dyes & Pigments · Q2 FY26 · Consolidated
M Cap
₹456 Cr
P/E
13.3
PEG
0.25
  • Profit +12% above its own trend
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -14.8%-19.3% 121150142
Operating profit -23.1%-5.2% 10.010.513.0
OPM % -89 bps+123 bps 8.3%7.0%9.2%
Other income +100.0%+37.1% 2.01.51.0
Net profit? -33.3%-22.9% 2.02.63.0
PAT margin % -46 bps-8 bps 1.7%1.7%2.1%
EPS (₹) -41.4%-28.7% 1.912.683.26

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹4.0 Cr: core business ₹2.0 Cr, other income ₹2.0 Cr.

Core profit YoY: -50.0% · reported profit -33.3%

Cash & debt

FY25 cash from operations ₹58.0 Cr: 354% of FY25 net profit of ₹16.4 Cr.

Borrowings ₹167 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹179₹121 -32.5% below
Net profit₹1.8₹2.0 +12.5% above
Detailed financials →

Megatherm Induction Limited

MEGATHERM · Engineering & Capital Goods · H1 FY26 · Standalone
M Cap
₹456 Cr
P/E
19.0
PEG
0.95
  • Profit +30% above its own trend
  • 25% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +9%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +7.4%-8.1% 159173148
Operating profit +6.7%-23.8% 16.021.015.0
OPM % -7 bps-208 bps 10.1%12.1%10.1%
Other income +150.0%+400.0% 5.01.02.0
Net profit +33.3%+0.0% 12.012.09.0
PAT margin % +147 bps+61 bps 7.5%6.9%6.1%
EPS (₹) +29.4%+0.3% 6.396.374.94

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹16.0 Cr: core business ₹12.0 Cr, other income ₹5.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +9.1% · reported profit +33.3%

Cash & debt

FY25 cash from operations ₹16.0 Cr.

Borrowings ₹33.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹155₹159 +2.6% in line
Net profit₹9.2₹12.0 +30.2% above
Detailed financials →

Rushil Decor Limited

RUSHIL · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹445 Cr
P/E
20.2
PEG
—
  • Operating margin contracted 372 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +2.6%+31.8% 236179230
Operating profit -26.7%from loss 22.0-2.030.0
OPM % -372 bps+1044 bps 9.3%-1.1%13.0%
Other income +0.0%— 1.00.01.0
Net profit? -54.5%from loss 5.0-14.011.0
PAT margin % -266 bps+994 bps 2.1%-7.8%4.8%
EPS (₹) -57.1%from loss 0.18-0.480.42

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹8.4 Cr: core business ₹6.0 Cr, other income ₹1.0 Cr, exceptional & other items ₹1.4 Cr.

Core profit YoY: -57.1% · reported profit -54.5%

Cash & debt

FY25 cash from operations ₹108 Cr: 230% of FY25 net profit of ₹47.0 Cr.

Borrowings ₹272 Cr at Mar 2025.

📊 Investor presentation (08 Aug) Detailed financials →

IRIS RegTech Solutions Limited

IRIS · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹444 Cr
P/E
3.5
PEG
0.07
  • Profit +999% above its own trend
  • Operating margin contracted 1645 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Exceptional items of ₹136 Cr in the quarter
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -7.4%-4.3% 28.629.930.8
Operating profit to lossto loss -0.00.05.0
OPM % -1645 bps-16 bps -0.1%0.0%16.3%
Other income +267.6%+111.1% 2.51.20.7
Net profit? —— 1170.23.9
EPS (₹) —— 56.840.112.00

Quality of profit

Pre-tax profit ₹138 Cr: core business −₹0.6 Cr, other income ₹2.5 Cr, exceptional & other items ₹136 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹28.0 Cr: 211% of FY25 net profit of ₹13.3 Cr.

Borrowings ₹4.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹36.1₹28.6 -20.9% below
Net profit₹5.2₹117 +999.0% above
📊 Investor presentation (18 May) Detailed financials →

R K Swamy Limited

RKSWAMY · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹441 Cr
P/E
19.4
PEG
—
  • Profit +85% above its own trend
  • Operating margin expanded 262 bps YoY
  • 87% 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 +12.2%-5.1% 73.677.665.6
Operating profit +66.4%-2.9% 5.96.13.6
OPM % +262 bps+18 bps 8.1%7.9%5.4%
Other income +8.6%+2.0% 2.72.72.5
Net profit? +3.6%-81.3% 0.52.90.5
PAT margin % -6 bps-298 bps 0.7%3.7%0.8%
EPS (₹) +10.0%-80.7% 0.110.570.10

Quality of profit

Core 13%Other income & one-offs 87%

Pre-tax profit ₹3.1 Cr: core business ₹0.4 Cr, other income ₹2.7 Cr.

Core profit YoY: from loss · reported profit +3.6%

Cash & debt

FY25 cash from operations −₹10.0 Cr: -54% of FY25 net profit of ₹18.7 Cr.

Borrowings ₹32.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹61.8₹73.6 +19.1% above
Net profit₹0.3₹0.5 +85.4% above
📊 Investor presentation (12 Aug) Detailed financials →

Nila Spaces Limited

NILASPACES · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹440 Cr
P/E
13.9
PEG
0.13
  • Profit -27% below its own trend
  • 59% 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 +32.2%+3.3% 42.240.831.9
Operating profit +28.9%-18.3% 9.912.17.7
OPM % -60 bps-619 bps 23.4%29.6%24.0%
Other income +62.1%+87.2% 4.52.42.8
Net profit? +45.0%-8.6% 5.35.83.7
PAT margin % +112 bps-164 bps 12.7%14.3%11.5%
EPS (₹) +55.6%-6.7% 0.140.150.09

Quality of profit

Core 41%Other income & one-offs 59%

Pre-tax profit ₹7.7 Cr: core business ₹3.2 Cr, other income ₹4.5 Cr.

Core profit YoY: +26.9% · reported profit +45.0%

Cash & debt

FY25 cash from operations −₹40.0 Cr: -273% of FY25 net profit of ₹14.7 Cr.

Borrowings ₹22.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹39.3₹42.2 +7.4% above
Net profit₹7.4₹5.3 -27.5% below
Detailed financials →

Gujarat Apollo Industries Limited

GUJAPOLLO · Engineering & Capital Goods · Q2 FY26 · Consolidated
M Cap
₹433 Cr
P/E
88.0
PEG
—
  • Profit -22% below its own trend
  • Operating margin contracted 627 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 +31.1%+16.3% 12.911.19.8
Operating profit loss widenedloss widened -2.3-2.3-1.2
OPM % -627 bps+286 bps -18.2%-21.0%-11.9%
Other income -51.8%+18.5% 7.76.516.1
Net profit? -60.4%+64.8% 1.91.24.8
PAT margin % -3403 bps+432 bps 14.7%10.4%48.7%
EPS (₹) -51.2%+102.0% 1.980.984.06

Quality of profit

Pre-tax profit ₹3.0 Cr: core business −₹4.7 Cr, other income ₹7.7 Cr.

Core profit YoY: loss widened · reported profit -60.4%

Cash & debt

FY25 cash from operations −₹15.6 Cr: -873% of FY25 net profit of ₹1.8 Cr.

Borrowings ₹50.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹9.2₹12.9 +40.2% above
Net profit₹2.4₹1.9 -22.1% below
Detailed financials →

Dev Accelerator Limited

DEVX · Commercial & Business Services · Q2 FY26 · Consolidated
M Cap
₹401 Cr
P/E
39.3
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales -6.8% 51.855.6
Operating profit +0.1% 26.426.4
OPM % +354 bps 51.0%47.4%
Other income +100.5% 2.61.3
Net profit? — 1.80.1
PAT margin % +313 bps 3.4%0.3%
EPS (₹) — 0.260.02

Quality of profit

Pre-tax profit ₹1.7 Cr: core business −₹1.0 Cr, other income ₹2.6 Cr.

📊 Investor presentation (13 Aug) Detailed financials →

Lancer Containe.

LANCER · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹401 Cr
P/E
70.0
PEG
—
  • Profit -39% below its own trend
  • Operating margin contracted 352 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -53.6%-12.5% 93.7107202
Operating profit -71.0%-10.1% 5.56.119.0
OPM % -352 bps+16 bps 5.9%5.7%9.4%
Other income +80.6%— 12.90.87.1
Net profit? -57.4%from loss 6.8-4.615.9
PAT margin % -64 bps+1154 bps 7.2%-4.3%7.9%
EPS (₹) -58.2%from loss 0.28-0.180.67

Quality of profit

Pre-tax profit ₹6.4 Cr: core business −₹6.4 Cr, other income ₹12.9 Cr.

Core profit YoY: to loss · reported profit -57.4%

Cash & debt

FY25 cash from operations ₹310 Cr.

Borrowings ₹66.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹201₹93.7 -53.4% below
Net profit₹11.2₹6.8 -39.4% below
Detailed financials →

NDL Ventures Limited

NDLVENTURE · Media & Entertainment · Q2 FY26 · Standalone
M Cap
₹400 Cr
P/E
444.8
PEG
8.90
  • Profit +167% above 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 —— 0.00.00.0
Operating profit loss narrowedloss narrowed -0.8-0.8-1.0
Other income -3.2%+3.4% 1.21.21.2
Net profit +33.3%+16.7% 0.30.20.2
EPS (₹) +33.3%+14.3% 0.080.070.06

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹0.8 Cr, other income ₹1.2 Cr.

Core profit YoY: loss narrowed · reported profit +33.3%

Cash & debt

FY25 cash from operations −₹4.2 Cr: -702% of FY25 net profit of ₹0.6 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.1₹0.3 +166.7% above
Detailed financials →

Cybertech Systems And Software Limited

CYBERTECH · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹396 Cr
P/E
12.5
PEG
1.04
  • Profit -36% below its own trend
  • Operating margin contracted 634 bps YoY
  • 70% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -48%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +1.4%+1.0% 58.858.258.0
Operating profit -43.9%-6.4% 4.64.98.2
OPM % -634 bps-62 bps 7.9%8.5%14.2%
Other income +44.8%+12.8% 7.97.05.5
Net profit? -3.2%+5.9% 8.78.28.9
PAT margin % -71 bps+68 bps 14.7%14.0%15.4%
EPS (₹) -3.1%+5.7% 2.782.632.87

Quality of profit

Core 30%Other income & one-offs 70%

Pre-tax profit ₹11.4 Cr: core business ₹3.5 Cr, other income ₹7.9 Cr.

Core profit YoY: -48.3% · reported profit -3.2%

Cash & debt

FY25 cash from operations ₹38.0 Cr: 109% of FY25 net profit of ₹34.9 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹61.4₹58.8 -4.3% in line
Net profit₹13.4₹8.7 -35.5% below
Detailed financials →

Nahar Capital and Financial Services Limited

NAHARCAP · NBFC & Finance Companies · Q2 FY26 · Consolidated
M Cap
₹393 Cr
P/E
6.1
PEG
—
  • Operating margin expanded 167 bps YoY
  • 67% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -14%)
  • FY25 operating cash flow was only 0% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -16.7%+66.7% 10.06.012.0
Operating profit -14.3%+100.0% 6.03.07.0
OPM % +167 bps+1000 bps 60.0%50.0%58.3%
Other income +71.4%-50.0% 12.024.07.0
Net profit? +100.0%+81.8% 20.011.010.0
EPS (₹) +95.3%+77.4% 12.176.866.23

Quality of profit

Core 33%Other income & one-offs 67%

Pre-tax profit ₹18.0 Cr: core business ₹6.0 Cr, other income ₹12.0 Cr.

Core profit YoY: -14.3% · reported profit +100.0%

Cash & debt

FY25 cash from operations ₹0.0 Cr: 0% of FY25 net profit of ₹49.0 Cr.

Borrowings ₹5.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹12.6₹10.0 -20.9% below
Net profit₹20.0₹20.0 +0.0% in line
Detailed financials →

Markolines Pavement Technologies Limited

MARKOLINES · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹386 Cr
P/E
14.4
PEG
—
  • Operating margin contracted 107 bps YoY
  • 31% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -26.6%+6.8% 77.772.7106
Operating profit -34.3%+20.8% 7.15.910.8
OPM % -107 bps+106 bps 9.2%8.1%10.2%
Other income +1.4%+17.1% 1.71.51.7
Net profit? -7.9%+7.6% 4.13.84.4
PAT margin % +107 bps+4 bps 5.3%5.2%4.2%
EPS (₹) -18.5%+7.6% 1.851.722.27

Quality of profit

Core 69%Other income & one-offs 31%

Pre-tax profit ₹5.7 Cr: core business ₹4.0 Cr, other income ₹1.7 Cr.

Core profit YoY: -3.0% · reported profit -7.9%

📊 Investor presentation (19 Aug) Detailed financials →

Suraj Limited

SURAJLTD · Iron & Steel · Q2 FY26 · Consolidated
M Cap
₹382 Cr
P/E
45.9
PEG
—
  • Profit -88% below its own trend
  • Operating margin contracted 739 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 -11.4%-0.3% 50.250.356.6
Operating profit -55.9%-24.2% 3.74.88.3
OPM % -739 bps-230 bps 7.3%9.6%14.7%
Other income -21.0%-52.1% 1.22.61.6
Net profit? -87.2%-69.7% 0.82.76.5
PAT margin % -976 bps-379 bps 1.7%5.5%11.4%
EPS (₹) -87.2%-69.8% 0.451.493.52

Quality of profit

Pre-tax profit ₹1.5 Cr: core business −₹0.0 Cr, other income ₹1.2 Cr.

Core profit YoY: to loss · reported profit -87.2%

Cash & debt

FY25 cash from operations −₹9.0 Cr: -68% of FY25 net profit of ₹13.3 Cr.

Borrowings ₹64.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹41.2₹50.2 +21.8% above
Net profit₹6.8₹0.8 -87.7% below
Detailed financials →

Aqylon Nexus Limited

AQYLON · Media & Entertainment · Q2 FY26 · Standalone
M Cap
₹381 Cr
P/E
32.1
PEG
—
  • Operating margin contracted 3344 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Exceptional items of ₹15.4 Cr in the quarter
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +242.7%— 4.30.01.3
Operating profit to lossloss widened -0.7-0.70.2
OPM % -3344 bps— -16.5%—16.9%
Net profit —from loss 14.1-1.80.2
EPS (₹) —from loss 5.56-0.720.07

Quality of profit

Pre-tax profit ₹14.1 Cr: core business −₹1.3 Cr.

Core profit YoY: to loss

Against its own trend ?

TrendActualGap
Sales₹2.5₹4.3 +71.4% above
Detailed financials →

Manaksia Limited

MANAKSIA · Trading & Distribution · Q2 FY26 · Consolidated
M Cap
₹379 Cr
P/E
6.0
PEG
—
  • Operating margin contracted 150 bps YoY
  • 68% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +17%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +12.1%+9.8% 190173169
Operating profit -20.3%-30.0% 7.010.08.8
OPM % -150 bps-209 bps 3.7%5.8%5.2%
Other income -36.1%-24.9% 10.514.016.4
Net profit? -30.2%-30.0% 10.515.015.0
PAT margin % -335 bps-315 bps 5.5%8.7%8.9%
EPS (₹) -24.7%-26.6% 1.682.292.23

Quality of profit

Core 32%Other income & one-offs 68%

Pre-tax profit ₹15.4 Cr: core business ₹4.9 Cr, other income ₹10.5 Cr.

Core profit YoY: +16.7% · reported profit -30.2%

Cash & debt

FY25 cash from operations −₹275 Cr: -473% of FY25 net profit of ₹58.1 Cr.

Borrowings ₹26.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹244₹190 -22.1% below
Net profit₹11.3₹10.5 -7.3% in line
Detailed financials →

Gokul Refoils and Solvent Limited

GOKUL · Edible Oils · Q2 FY26 · Consolidated
M Cap
₹376 Cr
P/E
18.2
PEG
—
  • Profit -57% below its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +24.1%+14.7% 1,063926856
Operating profit -27.8%-39.7% 8.413.811.6
OPM % -57 bps-71 bps 0.8%1.5%1.4%
Other income +55.4%+184.4% 8.43.05.4
Net profit? -31.5%-8.8% 3.53.95.1
PAT margin % -27 bps-9 bps 0.3%0.4%0.6%
EPS (₹) -30.8%-7.7% 0.360.390.52

Quality of profit

Pre-tax profit ₹4.4 Cr: core business −₹4.0 Cr, other income ₹8.4 Cr.

Core profit YoY: to loss · reported profit -31.5%

Cash & debt

FY25 cash from operations ₹17.0 Cr: 115% of FY25 net profit of ₹14.8 Cr.

Borrowings ₹280 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,031₹1,063 +3.1% in line
Net profit₹8.1₹3.5 -56.7% below
Detailed financials →

Highway Infrastructure Limited

HILINFRA · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹373 Cr
P/E
15.2
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales -15.5% 94.6112
Operating profit to loss -7.011.5
OPM % -1772 bps -7.4%10.3%
Other income — 20.70.5
Net profit? +34.5% 9.77.2
PAT margin % +380 bps 10.2%6.4%
EPS (₹) +7.2% 1.341.25

Quality of profit

Pre-tax profit ₹12.7 Cr: core business −₹8.1 Cr, other income ₹20.7 Cr.

📊 Investor presentation (14 Aug) 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