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

Latest Q2 FY26 results 5073

Page 20 of 170

Alkyl Amines Chemicals Limited

ALKYLAMINE · Chemicals · Q2 FY26 · Standalone
M Cap
₹9,390 Cr
P/E
41.8
PEG
—
  • Profit -28% below its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -6.3%-4.2% 389406415
Operating profit -5.4%-9.1% 70.077.074.0
OPM % +16 bps-97 bps 18.0%19.0%17.8%
Other income -22.2%-12.5% 7.08.09.0
Net profit -8.5%-12.2% 43.049.047.0
PAT margin % -27 bps-101 bps 11.1%12.1%11.3%
EPS (₹) -9.5%-13.1% 8.409.679.28

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹59.0 Cr: core business ₹52.0 Cr, other income ₹7.0 Cr.

Core profit YoY: -7.1% · reported profit -8.5%

Cash & debt

FY25 cash from operations ₹263 Cr: 141% of FY25 net profit of ₹186 Cr.

Borrowings ₹6.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹463₹389 -16.1% below
Net profit₹59.8₹43.0 -28.1% below
Detailed financials →

Finolex Industries Limited

FINPIPE · Plastic Products · Q2 FY26 · Consolidated
M Cap
₹9,358 Cr
P/E
15.6
PEG
0.41
  • Profit +354% above its own trend
  • Operating margin expanded 1383 bps YoY
  • 41% of pre-tax profit came from other income and one-off items
  • FY25 operating cash flow was only 48% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +3.7%-17.7% 8591,043828
Operating profit —+39.1% 13093.611.0
OPM % +1383 bps+619 bps 15.2%9.0%1.3%
Other income -32.1%-10.7% 57.864.785.0
Net profit? +201.4%+25.9% 12498.241.0
PAT margin % +944 bps+498 bps 14.4%9.4%5.0%
EPS (₹) +203.0%+25.8% 2.001.590.66

Quality of profit

Core 59%Other income & one-offs 41%

Pre-tax profit ₹166 Cr: core business ₹98.4 Cr, other income ₹57.8 Cr, exceptional & other items ₹9.9 Cr.

Core profit YoY: from loss · reported profit +201.4%

Cash & debt

FY25 cash from operations ₹383 Cr: 48% of FY25 net profit of ₹790 Cr.

Borrowings ₹237 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹781₹859 +9.9% above
Net profit₹27.2₹124 +353.5% above
📊 Investor presentation (06 Aug) Detailed financials →

POWERGRID Infrastructure Investment Trust

PGINVIT · Power Generation & Utilities · Q2 FY26 · Consolidated
M Cap
₹9,357 Cr
P/E
5.9
PEG
0.07
  • Profit +261% above its own trend
  • Core business grew faster than reported profit (core profit +663%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -0.9%+1.3% 317313320
Operating profit +209.6%+40.1% 409292132
Other income +10.2%-16.7% 10.012.09.1
Net profit? +249.9%+46.1% 27919179.7
PAT margin % +6309 bps+2699 bps 88.0%61.0%24.9%
EPS (₹) +179.1%+46.2% 3.072.101.10

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹321 Cr: core business ₹311 Cr, other income ₹10.0 Cr.

Core profit YoY: +663.2% · reported profit +249.9%

Cash & debt

FY25 cash from operations ₹1,215 Cr: 104% of FY25 net profit of ₹1,172 Cr.

Borrowings ₹1,072 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹319₹317 -0.5% in line
Net profit₹77.3₹279 +260.7% above
Detailed financials →

Unimech Aerospace and Manufacturing Limited

UNIMECH · Engineering & Capital Goods · Q2 FY26 · Consolidated
M Cap
₹9,331 Cr
P/E
129.7
PEG
3.16
  • Operating margin contracted 779 bps YoY
  • 48% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -46%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +1.6%-1.6% 62.063.061.0
Operating profit -19.4%-7.3% 18.520.023.0
OPM % -779 bps-183 bps 29.9%31.7%37.7%
Other income +97.3%-10.3% 9.911.05.0
Net profit? -12.9%-17.5% 15.719.018.0
PAT margin % -423 bps-488 bps 25.3%30.2%29.5%
EPS (₹) -18.7%-18.1% 3.083.763.79

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹20.7 Cr: core business ₹10.8 Cr, other income ₹9.9 Cr.

Core profit YoY: -45.9% · reported profit -12.9%

Cash & debt

FY25 cash from operations ₹81.0 Cr: 97% of FY25 net profit of ₹83.8 Cr.

Borrowings ₹84.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹65.1₹62.0 -4.8% in line
Net profit₹16.3₹15.7 -3.8% in line
📊 Investor presentation (03 Aug) Detailed financials →

Jayaswal Neco Industries Limited

JAYNECOIND · Iron & Steel · Q2 FY26 · Standalone
M Cap
₹9,309 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 454 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +44.8%+8.0% 1,7811,6491,230
Operating profit +92.4%+3.8% 327315170
OPM % +454 bps-74 bps 18.4%19.1%13.8%
Other income +100.0%-20.0% 4.05.02.0
Net profit from loss+12.9% 10593.0-34.0
PAT margin % +866 bps+26 bps 5.9%5.6%-2.8%
EPS (₹) from loss+12.5% 1.080.96-0.35

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹143 Cr: core business ₹139 Cr, other income ₹4.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹1,388 Cr: 1228% of FY25 net profit of ₹113 Cr.

Borrowings ₹2,735 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,360₹1,781 +30.9% above
Detailed financials →

Kennametal India

KENNAMET · Castings & Forgings · Q2 FY26 · Standalone
M Cap
₹9,275 Cr
P/E
47.6
PEG
—
  • Profit +30% above its own trend
  • Operating margin expanded 235 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +9.6%-8.4% 296323270
Operating profit +26.2%+8.2% 53.049.042.0
OPM % +235 bps+274 bps 17.9%15.2%15.6%
Other income -33.3%-50.0% 2.04.03.0
Net profit +24.0%+0.0% 31.031.025.0
PAT margin % +121 bps+88 bps 10.5%9.6%9.3%
EPS (₹) +25.7%+0.4% 14.2914.2411.37

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹43.0 Cr: core business ₹41.0 Cr, other income ₹2.0 Cr.

Core profit YoY: +36.7% · reported profit +24.0%

Cash & debt

Borrowings ₹2.0 Cr at Jun 2025.

Against its own trend ?

TrendActualGap
Sales₹287₹296 +3.0% in line
Net profit₹23.9₹31.0 +29.6% above
Detailed financials →

WESTLIFE FOODWORLD LIMITED

WESTLIFE · Hotels & Resorts · Q2 FY26 · Consolidated
M Cap
₹9,241 Cr
P/E
291.6
PEG
—
  • Profit +999% above its own trend
  • Operating margin contracted 184 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +3.9%-2.4% 642658618
Operating profit -11.7%-21.3% 67.285.376.0
OPM % -184 bps-251 bps 10.5%13.0%12.3%
Other income +881.9%+833.4% 63.56.86.5
Net profit? —— 27.71.20.4
PAT margin % +426 bps+413 bps 4.3%0.2%0.1%
EPS (₹) —— 1.780.080.02

Quality of profit

Pre-tax profit ₹37.0 Cr: core business −₹26.5 Cr, other income ₹63.5 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹345 Cr: 2842% of FY25 net profit of ₹12.1 Cr.

Borrowings ₹1,623 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹661₹642 -2.9% in line
Net profit₹0.2₹27.7 +999.0% above
📊 Investor presentation (30 Jul) Detailed financials →

Jupiter Wagons Limited

JWL · Engineering & Capital Goods · Q2 FY26 · Consolidated
M Cap
₹9,241 Cr
P/E
57.6
PEG
3.84
  • Profit -51% below its own trend
  • Exceptional items of ₹-10.4 Cr in the quarter
  • FY25 operating cash flow was only 27% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -22.1%+71.1% 7864591,009
Operating profit -25.7%+73.1% 10459.8139
OPM % -64 bps+16 bps 13.2%13.0%13.8%
Other income +5.6%-39.2% 10.316.99.7
Net profit? -49.3%+45.9% 45.331.189.4
PAT margin % -309 bps-100 bps 5.8%6.8%8.9%
EPS (₹) -48.1%+42.9% 1.100.772.12

Quality of profit

Pre-tax profit ₹67.9 Cr: core business ₹68.5 Cr, other income ₹10.3 Cr, exceptional & other items −₹10.9 Cr.

Core profit YoY: -37.7% · reported profit -49.3%

Cash & debt

FY25 cash from operations ₹104 Cr: 27% of FY25 net profit of ₹381 Cr.

Borrowings ₹502 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,052₹786 -25.3% below
Net profit₹92.6₹45.3 -51.1% below
📊 Investor presentation (14 Aug) Detailed financials →

Sudarshan Chemical Industries Limited

SUDARSCHEM · Dyes & Pigments · Q2 FY26 · Consolidated
M Cap
₹9,142 Cr
P/E
103.4
PEG
—
  • Profit -62% below its own trend
  • Operating margin contracted 798 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +243.0%-4.8% 2,3872,507696
Operating profit +40.4%-31.2% 13219294.0
OPM % -798 bps-213 bps 5.5%7.7%13.5%
Other income from loss+15.2% 38.033.0-6.0
Net profit? -36.7%-65.5% 19.055.030.0
PAT margin % -351 bps-140 bps 0.8%2.2%4.3%
EPS (₹) -65.5%-75.2% 1.496.014.32

Quality of profit

Pre-tax profit ₹30.0 Cr: core business −₹9.0 Cr, other income ₹38.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: to loss · reported profit -36.7%

Cash & debt

FY25 cash from operations ₹37.0 Cr: 62% of FY25 net profit of ₹60.0 Cr.

Borrowings ₹2,378 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,024₹2,387 +133.1% above
Net profit₹50.0₹19.0 -62.0% below
📊 Investor presentation (13 Aug) Detailed financials →

Transformers And Rectifiers (India) Limited

TARIL · Electrical Equipment · Q2 FY26 · Consolidated
M Cap
₹9,125 Cr
P/E
29.1
PEG
0.34
  • Profit -60% below its own trend
  • Operating margin contracted 363 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -40%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -0.4%-13.1% 460529462
Operating profit -24.6%-41.0% 52.088.269.0
OPM % -363 bps-536 bps 11.3%16.7%14.9%
Other income +16.7%-31.1% 14.020.312.0
Net profit? -19.6%-45.2% 37.067.546.0
PAT margin % -191 bps-470 bps 8.0%12.7%10.0%
EPS (₹) -25.2%-49.6% 1.132.241.51

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹45.0 Cr: core business ₹32.0 Cr, other income ₹14.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -39.6% · reported profit -19.6%

Cash & debt

FY25 cash from operations ₹157 Cr: 73% of FY25 net profit of ₹217 Cr.

Borrowings ₹283 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹730₹460 -37.0% below
Net profit₹92.0₹37.0 -59.8% below
📊 Investor presentation (13 Oct) Detailed financials →

KRBL Limited

KRBL · Packaged Foods & Food Processing · Q2 FY26 · Consolidated
M Cap
₹9,078 Cr
P/E
12.0
PEG
—
  • Profit +43% above its own trend
  • Operating margin expanded 534 bps YoY
  • Core business grew faster than reported profit (core profit +99%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +18.9%-4.6% 1,5111,5841,270
Operating profit +84.8%+17.5% 226193123
OPM % +534 bps+283 bps 15.0%12.2%9.6%
Other income -15.9%-6.9% 30.132.435.8
Net profit? +67.6%+14.3% 172151103
PAT margin % +331 bps+189 bps 11.4%9.5%8.1%
EPS (₹) +67.5%+14.3% 7.526.584.49

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹233 Cr: core business ₹202 Cr, other income ₹30.1 Cr.

Core profit YoY: +98.7% · reported profit +67.6%

Cash & debt

FY25 cash from operations ₹961 Cr: 202% of FY25 net profit of ₹476 Cr.

Borrowings ₹407 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,438₹1,511 +5.1% above
Net profit₹120₹172 +43.2% above
📊 Investor presentation (14 Aug) Detailed financials →

KRN Heat Exchanger and Refrigeration Limited

KRN · Engineering & Capital Goods · Q2 FY26 · Consolidated
M Cap
₹9,038 Cr
P/E
93.2
PEG
—
  • Profit +17% above its own trend
  • 53% of pre-tax profit came from other income and one-off items
  • FY25 operating cash flow was only 40% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +67.0%+31.9% 15211591.0
Operating profit +66.7%+70.5% 30.017.618.0
OPM % -4 bps+447 bps 19.7%15.3%19.8%
Other income +100.0%-44.1% 2.03.61.0
Net profit? +50.0%+44.9% 18.012.412.0
PAT margin % -134 bps+107 bps 11.8%10.8%13.2%
EPS (₹) +46.5%+45.0% 2.902.001.98

Quality of profit

Core 47%Other income & one-offs 53%

Pre-tax profit ₹45.2 Cr: core business ₹21.4 Cr, other income ₹2.0 Cr, exceptional & other items ₹21.8 Cr.

Core profit YoY: +33.8% · reported profit +50.0%

Cash & debt

FY25 cash from operations ₹21.0 Cr: 40% of FY25 net profit of ₹52.9 Cr.

Borrowings ₹33.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹131₹152 +15.8% above
Net profit₹15.4₹18.0 +16.6% above
📊 Investor presentation (13 Aug) Detailed financials →

Tips Music Limited

TIPSMUSIC · Media & Entertainment · Q2 FY26 · Standalone
M Cap
₹9,032 Cr
P/E
42.1
PEG
—
  • Operating margin expanded 356 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +9.9%+1.1% 89.088.081.0
Operating profit +15.3%+19.3% 68.057.059.0
OPM % +356 bps+1163 bps 76.4%64.8%72.8%
Other income -16.7%-16.7% 5.06.06.0
Net profit +10.4%+15.2% 53.046.048.0
PAT margin % +29 bps+728 bps 59.6%52.3%59.3%
EPS (₹) +10.3%+15.9% 4.163.593.77

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹72.0 Cr: core business ₹67.0 Cr, other income ₹5.0 Cr.

Core profit YoY: +15.5% · reported profit +10.4%

Cash & debt

FY25 cash from operations ₹120 Cr: 72% of FY25 net profit of ₹167 Cr.

Borrowings ₹3.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹98.9₹89.0 -10.0% below
Net profit₹57.4₹53.0 -7.7% in line
📊 Investor presentation (22 Jul) Detailed financials →

BLS International Services Limited

BLS · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹9,006 Cr
P/E
12.1
PEG
0.24
  • Profit -20% below its own trend
  • Operating margin contracted 425 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +48.8%+3.7% 737711495
Operating profit +29.7%+4.2% 213204164
OPM % -425 bps+14 bps 28.9%28.7%33.1%
Other income -20.1%-25.3% 18.725.123.4
Net profit? +27.4%+2.6% 186181146
PAT margin % -423 bps-26 bps 25.2%25.5%29.4%
EPS (₹) +26.8%+2.7% 4.264.153.36

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹203 Cr: core business ₹184 Cr, other income ₹18.7 Cr.

Core profit YoY: +31.0% · reported profit +27.4%

Cash & debt

FY25 cash from operations ₹829 Cr: 154% of FY25 net profit of ₹540 Cr.

Borrowings ₹359 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹657₹737 +12.0% above
Net profit₹233₹186 -20.3% below
📊 Investor presentation (07 Aug) Detailed financials →

Afcons Infrastructure Limited

AFCONS · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹8,997 Cr
P/E
62.8
PEG
—
  • Profit -42% below its own trend
  • 75% 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%-11.3% 2,9883,3702,960
Operating profit -4.6%-24.5% 329435344
OPM % -64 bps-192 bps 11.0%12.9%11.6%
Other income -13.4%+131.2% 11348.7130
Net profit? -22.4%-23.5% 105137135
PAT margin % -106 bps-56 bps 3.5%4.1%4.6%
EPS (₹) -28.2%-23.8% 2.853.743.97

Quality of profit

Core 25%Other income & one-offs 75%

Pre-tax profit ₹149 Cr: core business ₹36.7 Cr, other income ₹113 Cr.

Core profit YoY: -39.6% · reported profit -22.4%

Cash & debt

FY25 cash from operations −₹132 Cr: -27% of FY25 net profit of ₹487 Cr.

Borrowings ₹2,343 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2,834₹2,988 +5.5% above
Net profit₹180₹105 -41.6% below
📊 Investor presentation (18 May) Detailed financials →

Blue Jet Healthcare Limited

BLUEJET · Pharmaceuticals · Q2 FY26 · Standalone
M Cap
₹8,983 Cr
P/E
—
PEG
—
  • Profit -55% below its own trend
  • 36% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -31%)
  • FY25 operating cash flow was only 17% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -20.7%-53.5% 165355208
Operating profit -20.3%-54.5% 55.012169.0
OPM % +16 bps-75 bps 33.3%34.1%33.2%
Other income +100.0%+200.0% 24.08.012.0
Net profit -10.3%-42.9% 52.091.058.0
PAT margin % +363 bps+588 bps 31.5%25.6%27.9%
EPS (₹) -10.4%-42.8% 3.015.263.36

Quality of profit

Core 64%Other income & one-offs 36%

Pre-tax profit ₹69.0 Cr: core business ₹44.0 Cr, other income ₹24.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -31.2% · reported profit -10.3%

Cash & debt

FY25 cash from operations ₹46.0 Cr: 17% of FY25 net profit of ₹276 Cr.

Borrowings ₹21.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹312₹165 -47.0% below
Net profit₹116₹52.0 -55.2% below
📊 Investor presentation (25 May) Detailed financials →

Max Estates Limited

MAXESTATES · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹8,943 Cr
P/E
738.3
PEG
—
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
  • FY25 operating cash flow was only 15% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -98.8%-5.2% 48.851.54,018
Operating profit -98.8%-27.5% 10.113.9854
OPM % -58 bps-635 bps 20.7%27.0%21.3%
Other income -97.9%-9.7% 25.928.71,260
Net profit? from loss-34.5% 7.811.9-138
PAT margin % +1946 bps-716 bps 16.0%23.2%-3.4%
EPS (₹) from loss-33.8% 0.490.74-0.09

Quality of profit

Pre-tax profit ₹11.6 Cr: core business −₹14.2 Cr, other income ₹25.9 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹225 Cr: 15% of FY25 net profit of ₹1,455 Cr.

Borrowings ₹1,656 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹6,603₹48.8 -99.3% below
Detailed financials →

SML Mahindra Limited

SMLMAH · Commercial Vehicles · Q2 FY26 · Standalone
M Cap
₹8,931 Cr
P/E
57.0
PEG
—
₹ CrQoQ Sep 2025Jun 2025
Sales -34.4% 555846
Operating profit -60.0% 42.0105
OPM % -484 bps 7.6%12.4%
Other income +0.0% 2.02.0
Net profit -68.7% 21.067.0
PAT margin % -414 bps 3.8%7.9%
EPS (₹) -68.6% 14.5546.27

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹28.0 Cr: core business ₹26.0 Cr, other income ₹2.0 Cr.

📊 Investor presentation (29 Jul) Detailed financials →

TSF INVESTMENTS LIMITED

TSFINV · Investment & Holding Companies · Q2 FY26 · Consolidated
M Cap
₹8,899 Cr
P/E
17.9
PEG
—
₹ CrQoQ Sep 2025Jun 2025
Sales +39.7% 250179
Operating profit +6.4% 50.047.0
OPM % -626 bps 20.0%26.3%
Other income -90.7% 4.043.0
Net profit? -34.8% 103158
PAT margin % -4707 bps 41.2%88.3%
EPS (₹) -36.6% 4.527.13

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹44.0 Cr: core business ₹39.0 Cr, other income ₹4.0 Cr, exceptional & other items ₹1.0 Cr.

Detailed financials →

Aditya Birla Lifestyle Brands Limited

ABLBL · Retail · Q2 FY26 · Consolidated
M Cap
₹8,889 Cr
P/E
50.4
PEG
—
  • 68% of pre-tax profit came from other income and one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales +10.7% 2,0381,841
Operating profit +20.4% 317263
OPM % +126 bps 15.5%14.3%
Other income -8.2% 21.123.0
Net profit? -2.3% 23.424.0
PAT margin % -15 bps 1.2%1.3%
EPS (₹) -5.0% 0.190.20

Quality of profit

Core 32%Other income & one-offs 68%

Pre-tax profit ₹31.1 Cr: core business ₹10.0 Cr, other income ₹21.1 Cr.

📊 Investor presentation (01 Aug) Detailed financials →

Indo Count Industries Limited

ICIL · Textiles · Q2 FY26 · Consolidated
M Cap
₹8,878 Cr
P/E
59.1
PEG
—
  • Profit -28% below its own trend
  • Operating margin contracted 540 bps YoY
  • 37% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +2.5%+10.8% 1,0629591,036
Operating profit -34.0%-6.6% 104111157
OPM % -540 bps-182 bps 9.8%11.6%15.2%
Other income +115.8%+115.8% 19.49.09.0
Net profit? -53.0%-3.1% 39.040.383.0
PAT margin % -434 bps-53 bps 3.7%4.2%8.0%
EPS (₹) -51.5%+0.0% 1.971.974.06

Quality of profit

Core 63%Other income & one-offs 37%

Pre-tax profit ₹52.1 Cr: core business ₹32.6 Cr, other income ₹19.4 Cr.

Core profit YoY: -68.0% · reported profit -53.0%

Cash & debt

FY25 cash from operations ₹394 Cr: 143% of FY25 net profit of ₹276 Cr.

Borrowings ₹1,449 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,060₹1,062 +0.2% in line
Net profit₹54.5₹39.0 -28.4% below
📊 Investor presentation (12 Aug) Detailed financials →

AXISCADES Technologies Limited

AXISCADES · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹8,876 Cr
P/E
—
PEG
—
  • Profit +18% above its own trend
  • Operating margin expanded 244 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +13.0%+22.7% 299244265
Operating profit +34.9%+44.5% 44.931.133.3
OPM % +244 bps+227 bps 15.0%12.7%12.6%
Other income +37.7%-43.9% 5.910.64.3
Net profit? +88.8%+10.9% 23.120.912.2
PAT margin % +311 bps-83 bps 7.7%8.6%4.6%
EPS (₹) +86.3%+11.1% 5.424.882.91

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹36.3 Cr: core business ₹30.3 Cr, other income ₹5.9 Cr.

Core profit YoY: +105.1% · reported profit +88.8%

Cash & debt

FY25 cash from operations ₹88.0 Cr: 117% of FY25 net profit of ₹75.3 Cr.

Borrowings ₹258 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹283₹299 +5.6% above
Net profit₹19.6₹23.1 +18.0% above
📊 Investor presentation (13 Aug) Detailed financials →

Time Technoplast Limited

TIMETECHNO · Plastic Products · Q2 FY26 · Consolidated
M Cap
₹8,859 Cr
P/E
17.8
PEG
0.61
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +10.3%+11.7% 1,5111,3531,371
Operating profit +13.5%+14.3% 223195196
OPM % +42 bps+33 bps 14.7%14.4%14.3%
Other income +17.2%+17.2% 1.10.90.9
Net profit? +17.5%+21.4% 11796.599.8
PAT margin % +48 bps+62 bps 7.8%7.1%7.3%
EPS (₹) +17.3%+21.2% 2.54adj. 2.10adj. 2.17

EPS restated for the 1:1 bonus of Sep 2025: Jun 2025 ₹4.19 to ₹2.10; Sep 2024 ₹4.33 to ₹2.17.

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹157 Cr: core business ₹156 Cr, other income ₹1.1 Cr.

Core profit YoY: +18.1% · reported profit +17.5%

Cash & debt

FY25 cash from operations ₹431 Cr: 109% of FY25 net profit of ₹394 Cr.

Borrowings ₹732 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,475₹1,511 +2.4% in line
Net profit₹119₹117 -1.5% in line
📊 Investor presentation (05 Aug) Detailed financials →

Lemon Tree Hotels Limited

LEMONTREE · Hotels & Resorts · Q2 FY26 · Consolidated
M Cap
₹8,858 Cr
P/E
30.8
PEG
1.06
  • Profit -24% below its own trend
  • Operating margin contracted 330 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +7.7%-3.0% 306316284
Operating profit -0.0%-7.0% 131141131
OPM % -330 bps-181 bps 42.7%44.5%46.0%
Other income +843.6%+173.0% 4.51.60.5
Net profit? +19.7%-12.8% 41.948.135.0
PAT margin % +137 bps-154 bps 13.7%15.2%12.3%
EPS (₹) +18.9%-8.3% 0.440.480.37

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹55.8 Cr: core business ₹51.4 Cr, other income ₹4.5 Cr.

Core profit YoY: +21.7% · reported profit +19.7%

Cash & debt

FY25 cash from operations ₹542 Cr: 223% of FY25 net profit of ₹243 Cr.

Borrowings ₹2,148 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹342₹306 -10.5% below
Net profit₹55.3₹41.9 -24.1% below
📊 Investor presentation (07 Aug) Detailed financials →

P N Gadgil Jewellers Limited

PNGJL · Gems & Jewellery · Q2 FY26 · Consolidated
M Cap
₹8,791 Cr
P/E
19.7
PEG
0.26
  • Profit +48% above its own trend
  • Operating margin expanded 222 bps YoY
  • 33% 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 +8.8%+27.0% 2,1781,7152,001
Operating profit +98.1%-2.6% 10711054.1
OPM % +222 bps-149 bps 4.9%6.4%2.7%
Other income +203.5%+175.4% 35.813.011.8
Net profit? +127.1%+14.9% 79.369.034.9
PAT margin % +190 bps-38 bps 3.6%4.0%1.7%
EPS (₹) +127.2%+14.3% 5.845.112.57

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹109 Cr: core business ₹73.3 Cr, other income ₹35.8 Cr.

Core profit YoY: +115.5% · reported profit +127.1%

Cash & debt

FY25 cash from operations −₹675 Cr: -310% of FY25 net profit of ₹218 Cr.

Borrowings ₹930 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2,287₹2,178 -4.8% in line
Net profit₹53.6₹79.3 +48.0% above
📊 Investor presentation (27 Jul) Detailed financials →

Procter & Gamble Health Limited

PGHL · Pharmaceuticals · Q2 FY26 · Standalone
M Cap
₹8,790 Cr
P/E
24.5
PEG
1.29
  • Profit -15% below its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +3.8%-4.1% 325339313
Operating profit +5.3%+33.3% 12090.0114
OPM % +50 bps+1037 bps 36.9%26.5%36.4%
Other income +66.7%+25.0% 5.04.03.0
Net profit +8.5%+34.8% 89.066.082.0
PAT margin % +119 bps+792 bps 27.4%19.5%26.2%
EPS (₹) +7.5%+33.8% 53.3439.8749.60

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹119 Cr: core business ₹114 Cr, other income ₹5.0 Cr.

Core profit YoY: +5.6% · reported profit +8.5%

Cash & debt

FY25 cash from operations ₹169 Cr: 67% of FY25 net profit of ₹251 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹347₹325 -6.5% below
Net profit₹105₹89.0 -15.3% below
📊 Investor presentation (18 Jun) Detailed financials →

Kingfa Science & Technology (India) Limited

KINGFA · Plastic Products · Q2 FY26 · Standalone
M Cap
₹8,778 Cr
P/E
38.9
PEG
1.22
  • Profit -12% below its own trend
  • FY25 operating cash flow was only 39% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +11.4%+0.9% 466462418
Operating profit +9.2%+5.3% 61.057.955.9
OPM % -26 bps+55 bps 13.1%12.5%13.4%
Other income +187.7%-17.7% 3.03.61.0
Net profit +10.0%+3.0% 41.039.837.3
PAT margin % -11 bps+18 bps 8.8%8.6%8.9%
EPS (₹) -1.3%-7.6% 30.3632.8630.76

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹55.0 Cr: core business ₹53.0 Cr, other income ₹3.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +7.8% · reported profit +10.0%

Cash & debt

FY25 cash from operations ₹60.0 Cr: 39% of FY25 net profit of ₹153 Cr.

Borrowings ₹43.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹477₹466 -2.3% in line
Net profit₹46.7₹41.0 -12.2% below
Detailed financials →

Olectra Greentech Limited

OLECTRA · Commercial Vehicles · Q2 FY26 · Consolidated
M Cap
₹8,718 Cr
P/E
48.5
PEG
1.24
  • Profit -33% below its own trend
  • Operating margin contracted 193 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +25.4%+89.1% 657347524
Operating profit +9.8%+86.4% 89.247.881.2
OPM % -193 bps-19 bps 13.6%13.8%15.5%
Other income +52.5%-53.0% 3.88.12.5
Net profit? +3.7%+89.9% 49.426.047.6
PAT margin % -157 bps+3 bps 7.5%7.5%9.1%
EPS (₹) +4.3%+90.5% 6.043.175.79

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹68.5 Cr: core business ₹64.6 Cr, other income ₹3.8 Cr.

Core profit YoY: +7.0% · reported profit +3.7%

Cash & debt

FY25 cash from operations ₹141 Cr: 101% of FY25 net profit of ₹139 Cr.

Borrowings ₹255 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹801₹657 -18.1% below
Net profit₹74.2₹49.4 -33.4% below
📊 Investor presentation (01 Jun) Detailed financials →

Kwality Wall's (India) Limited

KWIL · Packaged Foods & Food Processing · Q2 FY26 · Standalone
M Cap
₹8,703 Cr
P/E
—
PEG
—
₹ CrQoQ Sep 2025Jun 2025
Sales -57.5% 322757
Operating profit to loss -56.078.0
OPM % -2770 bps -17.4%10.3%
Other income — -2.00.0
Net profit to loss -10038.0
PAT margin % -3608 bps -31.1%5.0%
EPS (₹) to loss -20.037.52

Quality of profit

Pre-tax profit −₹99.0 Cr: core business −₹97.0 Cr, other income −₹2.0 Cr.

Detailed financials →

Precision Wires India Limited

PRECWIRE · Mining & Minerals · Q2 FY26 · Standalone
M Cap
₹8,702 Cr
P/E
49.7
PEG
1.31
  • Profit +58% above its own trend
  • Operating margin expanded 164 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +18.5%+10.8% 1,2371,1161,044
Operating profit +66.7%+18.6% 70.059.042.0
OPM % +164 bps+37 bps 5.7%5.3%4.0%
Other income —— 0.00.00.0
Net profit +89.5%+33.3% 36.027.019.0
PAT margin % +109 bps+49 bps 2.9%2.4%1.8%
EPS (₹) +83.3%+30.3% 1.981.521.08

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹48.0 Cr: core business ₹48.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +84.6% · reported profit +89.5%

Cash & debt

FY25 cash from operations ₹168 Cr: 186% of FY25 net profit of ₹90.2 Cr.

Borrowings ₹62.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,259₹1,237 -1.8% in line
Net profit₹22.8₹36.0 +57.8% above
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