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, 22:35 IST 5073 declared
The next results season has started: 45 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 26 of 170

SIS LIMITED

SIS · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹5,636 Cr
P/E
38.5
PEG
38.48
  • Profit -19% below its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +15.0%+5.9% 3,7593,5483,269
Operating profit +16.0%+10.5% 168152145
OPM % +4 bps+18 bps 4.5%4.3%4.4%
Other income +47.1%-23.1% 20.026.013.6
Net profit? +17.3%-13.1% 80.792.968.8
PAT margin % +4 bps-47 bps 2.1%2.6%2.1%
EPS (₹) +19.4%-10.5% 5.736.404.80

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹104 Cr: core business ₹83.6 Cr, other income ₹20.0 Cr.

Core profit YoY: +34.0% · reported profit +17.3%

Cash & debt

FY25 cash from operations ₹742 Cr: 6342% of FY25 net profit of ₹11.7 Cr.

Borrowings ₹1,645 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹3,574₹3,759 +5.2% above
Net profit₹99.6₹80.7 -18.9% below
Detailed financials →

Triveni Engineering & Industries Limited

TRIVENI · Sugar · Q2 FY26 · Consolidated
M Cap
₹5,609 Cr
P/E
19.9
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 299 bps YoY
  • 72% 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 +16.5%+7.1% 2,0141,8821,728
Operating profit —+24.5% 66.053.05.0
OPM % +299 bps+46 bps 3.3%2.8%0.3%
Other income +50.0%-8.7% 21.023.014.0
Net profit? from loss— 21.40.5-14.2
PAT margin % +188 bps+104 bps 1.1%0.0%-0.8%
EPS (₹) from loss+490.0% 1.180.20-0.88

Quality of profit

Core 28%Other income & one-offs 72%

Pre-tax profit ₹29.1 Cr: core business ₹8.0 Cr, other income ₹21.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹106 Cr: -43% of FY25 net profit of ₹249 Cr.

Borrowings ₹1,980 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,954₹2,014 +3.1% in line
📊 Investor presentation (29 Jul) Detailed financials →

Stylam Industries Limited

STYLAMIND · Miscellaneous · Q2 FY26 · Standalone
M Cap
₹5,564 Cr
P/E
32.8
PEG
2.05
  • Profit +12% above its own trend
  • Operating margin contracted 118 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +11.2%+3.3% 292283263
Operating profit +4.8%+6.8% 56.653.054.0
OPM % -118 bps+63 bps 19.4%18.7%20.5%
Other income -54.6%-9.3% 0.91.02.0
Net profit +9.8%+33.3% 37.328.034.0
PAT margin % -16 bps+287 bps 12.8%9.9%12.9%
EPS (₹) +10.1%+32.9% 22.1616.6720.12

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹50.8 Cr: core business ₹49.9 Cr, other income ₹0.9 Cr.

Core profit YoY: +10.9% · reported profit +9.8%

Cash & debt

FY25 cash from operations ₹107 Cr: 88% of FY25 net profit of ₹122 Cr.

Borrowings ₹36.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹301₹292 -2.9% in line
Net profit₹33.3₹37.3 +12.1% above
📊 Investor presentation (23 Jul) Detailed financials →

TVS Supply Chain Solutions Limited

TVSSCS · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹5,555 Cr
P/E
82.1
PEG
1.16
  • 48% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +6.0%+2.7% 2,6632,5922,513
Operating profit +7.8%+2.7% 182177169
OPM % +12 bps-0 bps 6.8%6.8%6.7%
Other income -58.1%-93.5% 12.018628.6
Net profit? +50.8%-77.5% 16.071.210.6
PAT margin % +18 bps-214 bps 0.6%2.7%0.4%
EPS (₹) +66.7%-78.1% 0.351.600.21

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹23.0 Cr: core business ₹12.0 Cr, other income ₹12.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: from loss · reported profit +50.8%

Cash & debt

FY25 cash from operations ₹672 Cr.

Borrowings ₹2,088 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2,677₹2,663 -0.5% in line
📊 Investor presentation (10 Aug) Detailed financials →

V2 Retail Limited

V2RETAIL · Textiles · Q2 FY26 · Consolidated
M Cap
₹5,522 Cr
P/E
30.8
PEG
0.23
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 336 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +86.5%+12.1% 709632380
Operating profit +158.5%-2.1% 85.487.233.1
OPM % +336 bps-174 bps 12.1%13.8%8.7%
Other income -56.9%+17.8% 1.10.92.5
Net profit? from loss-30.1% 17.224.7-1.9
PAT margin % +294 bps-147 bps 2.4%3.9%-0.5%
EPS (₹) from loss-30.6% 4.957.13-0.56

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹20.9 Cr: core business ₹19.9 Cr, other income ₹1.1 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹223 Cr: 310% of FY25 net profit of ₹72.0 Cr.

Borrowings ₹850 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹612₹709 +15.7% above
Detailed financials →

FDC Limited

FDC · Pharmaceuticals · Q2 FY26 · Consolidated
M Cap
₹5,510 Cr
P/E
18.9
PEG
1.18
  • Profit -57% below its own trend
  • Operating margin contracted 647 bps YoY
  • 53% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -7.9%-27.0% 473648514
Operating profit -51.5%-75.7% 34.014070.2
OPM % -647 bps-1442 bps 7.2%21.6%13.7%
Other income -39.5%-41.7% 21.036.034.7
Net profit? -61.1%-76.9% 28.012172.0
PAT margin % -810 bps-1275 bps 5.9%18.7%14.0%
EPS (₹) -60.7%-76.6% 1.747.454.43

Quality of profit

Core 47%Other income & one-offs 53%

Pre-tax profit ₹38.0 Cr: core business ₹18.0 Cr, other income ₹21.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -67.4% · reported profit -61.1%

Cash & debt

FY25 cash from operations ₹318 Cr: 119% of FY25 net profit of ₹267 Cr.

Borrowings ₹21.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹532₹473 -11.2% below
Net profit₹65.8₹28.0 -57.4% below
Detailed financials →

Senco Gold Limited

SENCO · Gems & Jewellery · Q2 FY26 · Consolidated
M Cap
₹5,483 Cr
P/E
9.6
PEG
0.18
  • Profit +178% above its own trend
  • Operating margin expanded 350 bps YoY
  • 29% 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 +2.4%-15.9% 1,5361,8261,500
Operating profit +105.8%-41.8% 10718452.0
OPM % +350 bps-311 bps 7.0%10.1%3.5%
Other income -10.3%-5.3% 18.019.020.1
Net profit? +308.3%-53.3% 49.010512.0
PAT margin % +239 bps-256 bps 3.2%5.8%0.8%
EPS (₹) +282.1%-53.4% 2.986.390.78

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹59.0 Cr: core business ₹42.0 Cr, other income ₹18.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: from loss · reported profit +308.3%

Cash & debt

FY25 cash from operations −₹221 Cr: -139% of FY25 net profit of ₹159 Cr.

Borrowings ₹2,059 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,930₹1,536 -20.4% below
Net profit₹17.6₹49.0 +178.0% above
📊 Investor presentation (12 Aug) Detailed financials →

West Coast Paper Mills Limited

WSTCSTPAPR · Paper · Q2 FY26 · Consolidated
M Cap
₹5,470 Cr
P/E
23.0
PEG
—
  • Profit -76% below its own trend
  • Operating margin contracted 1011 bps YoY
  • FY25 operating cash flow was only 29% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -0.2%+9.3% 1,0439551,045
Operating profit -53.9%-41.6% 90.5155196
OPM % -1011 bps-757 bps 8.7%16.2%18.8%
Other income -57.4%-48.9% 23.045.054.0
Net profit? -88.2%-80.2% 11.960.3101
PAT margin % -848 bps-517 bps 1.1%6.3%9.6%
EPS (₹) -80.4%-67.8% 2.658.2413.49

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹19.0 Cr: core business ₹18.5 Cr, other income ₹23.0 Cr, exceptional & other items −₹22.5 Cr.

Core profit YoY: -86.3% · reported profit -88.2%

Cash & debt

FY25 cash from operations ₹99.0 Cr: 29% of FY25 net profit of ₹336 Cr.

Borrowings ₹456 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,016₹1,043 +2.6% in line
Net profit₹50.3₹11.9 -76.3% below
Detailed financials →

Ram Ratna Wires Limited

RAMRAT · Mining & Minerals · Q2 FY26 · Consolidated
M Cap
₹5,462 Cr
P/E
42.7
PEG
1.22
  • Profit +21% above its own trend
  • Core business grew faster than reported profit (core profit +54%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +23.8%+18.4% 1,163982940
Operating profit +53.9%+29.5% 55.542.936.1
OPM % +93 bps+41 bps 4.8%4.4%3.8%
Other income +15.8%+11.6% 4.13.73.5
Net profit? +29.9%+37.0% 21.815.916.8
PAT margin % +9 bps+25 bps 1.9%1.6%1.8%
EPS (₹) +19.6%+38.1% 4.573.313.82

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹30.8 Cr: core business ₹27.9 Cr, other income ₹4.1 Cr, exceptional & other items −₹1.3 Cr.

Core profit YoY: +54.1% · reported profit +29.9%

Cash & debt

FY25 cash from operations ₹227 Cr: 323% of FY25 net profit of ₹70.2 Cr.

Borrowings ₹305 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,143₹1,163 +1.8% in line
Net profit₹18.0₹21.8 +21.3% above
📊 Investor presentation (31 Jul) Detailed financials →

Aditya Birla Fashion and Retail Limited

ABFRL · Textiles · Q2 FY26 · Consolidated
M Cap
₹5,449 Cr
P/E
—
PEG
—
  • Operating margin contracted 124 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +12.5%+8.2% 1,9821,8311,761
Operating profit -19.5%-41.5% 62.010677.0
OPM % -124 bps-266 bps 3.1%5.8%4.4%
Other income -59.0%-14.1% 55.064.0134
Net profit? loss narrowedloss widened -90.9-59.9-195
PAT margin % +649 bps-131 bps -4.6%-3.3%-11.1%
EPS (₹) loss narrowedloss widened -0.75-0.49-1.84

Quality of profit

Pre-tax profit −₹333 Cr: core business −₹387 Cr, other income ₹55.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹1,644 Cr.

Borrowings ₹5,017 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,442₹1,982 +37.5% above
📊 Investor presentation (08 Aug) Detailed financials →

Smartworks Coworking Spaces Limited

SMARTWORKS · Commercial & Business Services · Q2 FY26 · Consolidated
M Cap
₹5,416 Cr
P/E
193.4
PEG
—
₹ CrQoQ Sep 2025Jun 2025
Sales +12.1% 425379
Operating profit +12.1% 270241
OPM % +1 bps 63.6%63.6%
Other income +80.9% 16.39.0
Net profit? loss narrowed -3.1-4.0
PAT margin % +32 bps -0.7%-1.1%
EPS (₹) loss narrowed -0.27-0.41

Quality of profit

Pre-tax profit −₹4.4 Cr: core business −₹20.7 Cr, other income ₹16.3 Cr.

📊 Investor presentation (12 Feb) Detailed financials →

Kalpataru Limited

KALPATARU · Real Estate · Q2 FY26 · Consolidated
M Cap
₹5,379 Cr
P/E
52.3
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales +79.1% 794443
Operating profit from loss 6.7-27.3
OPM % +701 bps 0.8%-6.2%
Other income +61.2% 21.913.6
Net profit? from loss 5.0-51.8
PAT margin % +1232 bps 0.6%-11.7%
EPS (₹) from loss 0.26-2.92

Quality of profit

Pre-tax profit ₹4.8 Cr: core business −₹16.4 Cr, other income ₹21.9 Cr, exceptional & other items −₹0.7 Cr.

📊 Investor presentation (03 Aug) Detailed financials →

Arvind Fashions Limited

ARVINDFASN · Trading & Distribution · Q2 FY26 · Consolidated
M Cap
₹5,339 Cr
P/E
28.7
PEG
0.54
  • Profit -30% below its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +11.4%+28.1% 1,4181,1071,273
Operating profit +15.2%+40.2% 187133162
OPM % +44 bps+114 bps 13.2%12.0%12.7%
Other income +80.8%-10.7% 13.014.67.2
Net profit? +24.4%+125.3% 56.024.945.0
PAT margin % +41 bps+170 bps 3.9%2.2%3.5%
EPS (₹) +26.6%+198.9% 2.810.942.22

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹87.0 Cr: core business ₹74.0 Cr, other income ₹13.0 Cr.

Core profit YoY: +24.6% · reported profit +24.4%

Cash & debt

FY25 cash from operations ₹530 Cr: 1607% of FY25 net profit of ₹33.0 Cr.

Borrowings ₹1,157 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,372₹1,418 +3.3% in line
Net profit₹80.4₹56.0 -30.4% below
📊 Investor presentation (21 Jul) Detailed financials →

LG Balakrishnan & Bros Limited

LGBBROSLTD · Auto Components · Q2 FY26 · Consolidated
M Cap
₹5,331 Cr
P/E
16.7
PEG
1.67
  • Profit +17% above its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +19.1%+19.8% 787657661
Operating profit +24.1%+40.6% 13797.1110
OPM % +70 bps+257 bps 17.3%14.8%16.6%
Other income +3.9%-4.3% 14.515.214.0
Net profit? +20.7%+39.9% 93.767.077.6
PAT margin % +16 bps+171 bps 11.9%10.2%11.7%
EPS (₹) +20.7%+39.8% 29.3521.0024.31

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹120 Cr: core business ₹105 Cr, other income ₹14.5 Cr, exceptional & other items ₹0.6 Cr.

Core profit YoY: +22.8% · reported profit +20.7%

Cash & debt

FY25 cash from operations ₹288 Cr: 95% of FY25 net profit of ₹302 Cr.

Borrowings ₹157 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹737₹787 +6.8% above
Net profit₹80.0₹93.7 +17.1% above
Detailed financials →

Mastek Limited

MASTEK · IT Services & Software · Q2 FY26 · Consolidated
M Cap
₹5,320 Cr
P/E
12.8
PEG
0.80
  • Profit -40% below its own trend
  • Core business grew faster than reported profit (core profit +6%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +8.4%+2.8% 940915867
Operating profit +2.0%+6.3% 146137143
OPM % -97 bps+52 bps 15.5%15.0%16.5%
Other income +197.6%+42.0% 15.010.65.0
Net profit? -24.6%+5.4% 97.092.0129
PAT margin % -451 bps+26 bps 10.3%10.1%14.8%
EPS (₹) -24.5%+5.7% 31.4629.7541.69

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹134 Cr: core business ₹119 Cr, other income ₹15.0 Cr.

Core profit YoY: +6.1% · reported profit -24.6%

Cash & debt

FY25 cash from operations ₹395 Cr: 105% of FY25 net profit of ₹377 Cr.

Borrowings ₹583 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹979₹940 -4.0% in line
Net profit₹161₹97.0 -39.6% below
📊 Investor presentation (21 Jul) Detailed financials →

Greenlam Industries Limited

GREENLAM · Miscellaneous · Q2 FY26 · Consolidated
M Cap
₹5,310 Cr
P/E
56.8
PEG
—
  • Profit +88% above its own trend
  • Core business grew faster than reported profit (core profit +16%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +18.6%+19.9% 808674681
Operating profit +28.4%+136.4% 10444.081.0
OPM % +98 bps+634 bps 12.9%6.5%11.9%
Other income -87.5%-50.0% 1.02.08.0
Net profit? -5.9%from loss 32.0-16.034.0
PAT margin % -103 bps+633 bps 4.0%-2.4%5.0%
EPS (₹) -6.6%from loss 1.27-0.601.36

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹46.0 Cr: core business ₹44.0 Cr, other income ₹1.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +15.8% · reported profit -5.9%

Cash & debt

FY25 cash from operations ₹205 Cr: 304% of FY25 net profit of ₹67.5 Cr.

Borrowings ₹1,199 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹751₹808 +7.5% above
Net profit₹17.0₹32.0 +88.2% above
📊 Investor presentation (07 Aug) Detailed financials →

D. P. Abhushan Limited

DPABHUSHAN · Gems & Jewellery · Q2 FY26 · Standalone
M Cap
₹5,305 Cr
P/E
22.1
PEG
0.33
  • Profit +18% above its own trend
  • Operating margin expanded 407 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -3.7%+79.1% 9685401,005
Operating profit +100.2%+40.0% 76.054.338.0
OPM % +407 bps-220 bps 7.9%10.0%3.8%
Other income -100.0%-100.0% 0.00.90.1
Net profit +103.0%+40.0% 51.036.425.1
PAT margin % +277 bps-147 bps 5.3%6.7%2.5%
EPS (₹) +101.3%+40.4% 22.5716.0711.21

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹69.0 Cr: core business ₹69.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +107.4% · reported profit +103.0%

Cash & debt

FY25 cash from operations −₹19.0 Cr: -17% of FY25 net profit of ₹113 Cr.

Borrowings ₹184 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,359₹968 -28.8% below
Net profit₹43.2₹51.0 +18.1% above
📊 Investor presentation (21 Jul) Detailed financials →

Praj Industries Limited

PRAJIND · Engineering & Capital Goods · Q2 FY26 · Consolidated
M Cap
₹5,295 Cr
P/E
171.4
PEG
—
  • Profit -30% below its own trend
  • Operating margin contracted 393 bps YoY
  • FY25 operating cash flow was only 20% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +3.1%+31.5% 842640816
Operating profit -35.2%+77.7% 55.831.486.2
OPM % -393 bps+173 bps 6.6%4.9%10.6%
Other income -59.7%-36.6% 5.48.613.5
Net profit? -64.2%+261.1% 19.35.353.8
PAT margin % -430 bps+146 bps 2.3%0.8%6.6%
EPS (₹) -64.2%+262.1% 1.050.292.93

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹29.6 Cr: core business ₹24.2 Cr, other income ₹5.4 Cr.

Core profit YoY: -60.3% · reported profit -64.2%

Cash & debt

FY25 cash from operations ₹43.0 Cr: 20% of FY25 net profit of ₹219 Cr.

Borrowings ₹195 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹794₹842 +6.0% above
Net profit₹27.4₹19.3 -29.5% below
📊 Investor presentation (12 Feb) Detailed financials →

Jana Small Finance Bank Limited

JSFB · Private Sector Banks · Q2 FY26 · Standalone
M Cap
₹5,285 Cr
P/E
13.9
PEG
1.74
  • Profit +12% above its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Total income +15.6%+2.4% 1,5521,5161,342
Net interest income +4.2%+3.7% 619597594
Other income +40.3%-6.4% 247264176
Net profit -22.7%-26.5% 75.010297.0
EPS (₹) -22.9%-26.4% 7.139.699.25
Gross NPA % -10 bps-4 bps 2.9%2.9%3.0%
Net NPA % -5 bps+0 bps 0.9%0.9%1.0%

Against its own trend ?

TrendActualGap
NII₹613₹619 +1.0% in line
Net profit₹67.2₹75.0 +11.6% above
📊 Investor presentation (15 Jul) Detailed financials →

Universal Cables Limited

UNIVCABLES · Cables & Wires · Q2 FY26 · Consolidated
M Cap
₹5,240 Cr
P/E
26.2
PEG
2.38
  • Profit +102% above its own trend
  • Operating margin expanded 167 bps YoY
  • 39% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +27.6%+35.7% 814600638
Operating profit +56.5%+27.6% 73.757.847.1
OPM % +167 bps-58 bps 9.1%9.6%7.4%
Other income +14.0%-50.9% 10.020.38.8
Net profit? +160.9%+44.9% 47.732.918.3
PAT margin % +299 bps+37 bps 5.9%5.5%2.9%
EPS (₹) +160.7%+44.8% 13.749.495.27

Quality of profit

Core 61%Other income & one-offs 39%

Pre-tax profit ₹61.8 Cr: core business ₹37.5 Cr, other income ₹10.0 Cr, exceptional & other items ₹14.3 Cr.

Core profit YoY: +160.4% · reported profit +160.9%

Cash & debt

FY25 cash from operations ₹176 Cr: 197% of FY25 net profit of ₹89.4 Cr.

Borrowings ₹849 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹804₹814 +1.3% in line
Net profit₹23.6₹47.7 +102.1% above
Detailed financials →

Shakti Pumps (India) Limited

SHAKTIPUMP · Pumps, Compressors & Engines · Q2 FY26 · Standalone
M Cap
₹5,238 Cr
P/E
25.8
PEG
0.22
  • Profit -52% below its own trend
  • Operating margin contracted 122 bps YoY
  • FY25 operating cash flow was only 7% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +5.7%+9.3% 662606626
Operating profit -0.2%+2.5% 135131135
OPM % -122 bps-134 bps 20.4%21.7%21.6%
Other income +113.8%+80.8% 13.07.26.1
Net profit -4.2%-4.5% 90.294.494.1
PAT margin % -141 bps-196 bps 13.6%15.6%15.0%
EPS (₹) -6.6%-6.9% 7.317.85adj. 7.83

EPS restated for the 5:1 bonus of Nov 2024: Sep 2024 ₹46.97 to ₹7.83.

Quality of profit

Pre-tax profit ₹118 Cr: core business ₹119 Cr, other income ₹13.0 Cr, exceptional & other items −₹13.5 Cr.

Core profit YoY: -1.3% · reported profit -4.2%

Cash & debt

FY25 cash from operations ₹26.0 Cr: 7% of FY25 net profit of ₹394 Cr.

Borrowings ₹128 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹778₹662 -14.9% below
Net profit₹188₹90.2 -52.1% below
📊 Investor presentation (25 Jul) Detailed financials →

Gulf Oil Lubricants India Limited

GULFOILLUB · Chemicals · Q2 FY26 · Consolidated
M Cap
₹5,229 Cr
P/E
14.1
PEG
0.88
  • Profit -10% below its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +11.9%-4.9% 9671,016864
Operating profit +9.4%-7.9% 117127107
OPM % -28 bps-39 bps 12.1%12.5%12.4%
Other income +7.1%+13.1% 25.522.523.8
Net profit? +1.2%-11.8% 84.095.283.0
PAT margin % -92 bps-68 bps 8.7%9.4%9.6%
EPS (₹) +2.0%-10.8% 17.3519.4517.01

Quality of profit

Core 77%Other income & one-offs 23%

Pre-tax profit ₹113 Cr: core business ₹87.6 Cr, other income ₹25.5 Cr.

Core profit YoY: -0.0% · reported profit +1.2%

Cash & debt

FY25 cash from operations ₹395 Cr: 111% of FY25 net profit of ₹357 Cr.

Borrowings ₹467 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹960₹967 +0.7% in line
Net profit₹93.6₹84.0 -10.3% below
Detailed financials →

CSB Bank Limited

CSBBANK · Private Sector Banks · Q2 FY26 · Standalone
M Cap
₹5,222 Cr
P/E
8.2
PEG
1.65
  • Profit +11% above its own trend
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Total income +37.0%+13.4% 1,4581,2861,064
Net interest income +14.9%+11.6% 423379368
Other income +75.4%+42.4% 349245199
Net profit +15.9%+34.5% 160119138
EPS (₹) +15.8%+35.1% 9.246.847.98
Gross NPA % +13 bps-3 bps 1.8%1.8%1.7%
Net NPA % -17 bps-14 bps 0.5%0.7%0.7%

Against its own trend ?

TrendActualGap
NII₹373₹423 +13.5% above
Net profit₹144₹160 +10.9% above
📊 Investor presentation (22 Jul) Detailed financials →

Savita Oil Technologies Limited

SOTL · Petrochemicals · Q2 FY26 · Consolidated
M Cap
₹5,218 Cr
P/E
12.6
PEG
—
  • Profit +98% above its own trend
  • 26% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +102%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +18.6%+8.8% 1,076989907
Operating profit +49.5%-14.1% 51.459.834.4
OPM % +99 bps-127 bps 4.8%6.0%3.8%
Other income -44.4%-41.0% 14.524.526.0
Net profit? +30.7%-27.5% 40.656.031.1
PAT margin % +35 bps-188 bps 3.8%5.7%3.4%
EPS (₹) +31.6%-27.5% 5.928.164.50

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹55.5 Cr: core business ₹41.0 Cr, other income ₹14.5 Cr.

Core profit YoY: +102.3% · reported profit +30.7%

Against its own trend ?

TrendActualGap
Sales₹920₹1,076 +16.9% above
Net profit₹20.5₹40.6 +97.8% above
Detailed financials →

Vikram Solar Limited

VIKRAMSOLR · Electrical Equipment · Q2 FY26 · Consolidated
M Cap
₹5,209 Cr
P/E
14.6
PEG
—
₹ CrQoQ Sep 2025Jun 2025
Sales -2.1% 1,1101,134
Operating profit -3.0% 235242
OPM % -19 bps 21.2%21.4%
Other income +278.4% 15.94.2
Net profit? -3.7% 128133
PAT margin % -19 bps 11.6%11.8%
EPS (₹) -9.0% 3.834.21

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹184 Cr: core business ₹169 Cr, other income ₹15.9 Cr.

📊 Investor presentation (07 Aug) Detailed financials →

Vadilal Industries Limited

VADILALIND · Packaged Foods & Food Processing · Q2 FY26 · Consolidated
M Cap
₹5,197 Cr
P/E
23.7
PEG
1.48
  • Operating margin contracted 547 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +15.5%-32.5% 341506296
Operating profit -15.3%-48.7% 51.310060.5
OPM % -547 bps-474 bps 15.0%19.8%20.5%
Other income +35.3%+46.4% 7.35.05.4
Net profit? -14.3%-37.4% 33.453.439.0
PAT margin % -340 bps-75 bps 9.8%10.5%13.2%
EPS (₹) -14.3%-50.1% 46.5093.1954.23

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹43.2 Cr: core business ₹35.9 Cr, other income ₹7.3 Cr.

Core profit YoY: -22.9% · reported profit -14.3%

Cash & debt

FY25 cash from operations ₹130 Cr: 88% of FY25 net profit of ₹147 Cr.

Borrowings ₹218 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹323₹341 +5.7% above
Net profit₹33.4₹33.4 +0.1% in line
Detailed financials →

BOSCH HOME COMFORT INDIA LIMITED

BOSCH-HCIL · Consumer Durables & Appliances · Q2 FY26 · Standalone
M Cap
₹5,192 Cr
P/E
1030.2
PEG
—
  • Exceptional items of ₹10.0 Cr in the quarter
₹ CrQoQ Sep 2025Jun 2025
Sales -52.5% 405853
Operating profit to loss -35.736.4
OPM % -1309 bps -8.8%4.3%
Other income +110.8% 11.25.3
Net profit to loss -40.015.2
PAT margin % -1165 bps -9.9%1.8%
EPS (₹) to loss -14.705.60

Quality of profit

Pre-tax profit −₹52.6 Cr: core business −₹53.8 Cr, other income ₹11.2 Cr, exceptional & other items −₹10.0 Cr.

Detailed financials →

Hindustan Construction Company Limited

HCC · Construction & Infrastructure · Q2 FY26 · Consolidated
M Cap
₹5,166 Cr
P/E
21.2
PEG
0.66
  • Profit -52% below its own trend
  • Operating margin contracted 182 bps YoY
  • 48% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -61%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -31.7%-12.0% 9611,0911,407
Operating profit -38.9%-17.7% 148179242
OPM % -182 bps-107 bps 15.4%16.4%17.2%
Other income -55.9%-25.8% 20.327.346.0
Net profit? -4.8%-5.8% 47.850.750.2
PAT margin % +141 bps+32 bps 5.0%4.6%3.6%
EPS (₹) -13.3%-7.1% 0.260.280.30

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹42.3 Cr: core business ₹22.0 Cr, other income ₹20.3 Cr.

Core profit YoY: -61.4% · reported profit -4.8%

Cash & debt

FY25 cash from operations ₹134 Cr: 51% of FY25 net profit of ₹262 Cr.

Borrowings ₹1,679 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,021₹961 -5.9% below
Net profit₹100₹47.8 -52.4% below
Detailed financials →

Sharda Motor Industries Limited

SHARDAMOTR · Auto Components · Q2 FY26 · Standalone
M Cap
₹5,154 Cr
P/E
15.5
PEG
0.86
  • Operating margin contracted 193 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +10.7%+4.1% 787756711
Operating profit -3.8%+2.6% 10198.4105
OPM % -193 bps-18 bps 12.8%13.0%14.8%
Other income +20.0%-21.6% 18.023.015.0
Net profit -5.1%-24.3% 75.099.179.0
PAT margin % -158 bps-357 bps 9.5%13.1%11.1%
EPS (₹) -4.5%-24.0% 13.13adj. 17.2713.75

EPS restated for the 1:1 bonus of Jul 2025: Jun 2025 ₹34.53 to ₹17.27.

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹103 Cr: core business ₹84.0 Cr, other income ₹18.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -7.7% · reported profit -5.1%

Cash & debt

FY25 cash from operations ₹271 Cr: 87% of FY25 net profit of ₹313 Cr.

Borrowings ₹52.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹735₹787 +7.0% above
Net profit₹78.8₹75.0 -4.8% in line
📊 Investor presentation (11 Aug) Detailed financials →

Bajaj Hindusthan Sugar Limited

BAJAJHIND · Sugar · Q2 FY26 · Consolidated
M Cap
₹5,117 Cr
P/E
44.2
PEG
0.98
  • Operating margin contracted 474 bps YoY
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -0.2%-7.3% 1,1571,2481,160
Operating profit to lossloss widened -53.9-26.91.0
OPM % -474 bps-251 bps -4.7%-2.2%0.1%
Other income +42.9%+50.4% 5.13.43.6
Net profit? loss widenedloss narrowed -105-174-75.6
PAT margin % -257 bps+484 bps -9.1%-13.9%-6.5%
EPS (₹) loss widenedloss narrowed -0.83-1.40-0.61

Quality of profit

Pre-tax profit −₹106 Cr: core business −₹111 Cr, other income ₹5.1 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹280 Cr.

Borrowings ₹3,575 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,014₹1,157 +14.1% 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