Home › Quarterly results › Q2 FY26
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 14 Oct 2026, 01:15 IST
5073 declared
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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
Filters & sorting
Results by sector
1339 matching results 1339
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514454
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
— —
0.0 0.0 0.0
Operating profit
— —
-0.1 -0.1 -0.1
Other income
+0.0% +0.0%
0.1 0.1 0.1
Net profit
+0.0% +0.0%
0.0 0.0 0.0
EPS (₹)
+0.0% +0.0%
0.01 0.01 0.01
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: —
· reported profit +0.0%
Cash & debt
FY25 cash from operations −₹0.2 Cr:
-92% of FY25 net profit of ₹0.2 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.0 ₹0.0
+0.0% in line
515008
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin expanded 645 bps YoY 32% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +650%)
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+53.0% +24.8%
176 141 115
Operating profit
+280.0% +46.2%
19.0 13.0 5.0
OPM %
+645 bps +158 bps
10.8% 9.2% 4.3%
Other income
-30.0% +40.0%
7.0 5.0 10.0
Net profit?
+30.8% +13.3%
17.0 15.0 13.0
PAT margin %
-165 bps -98 bps
9.7% 10.6% 11.3%
EPS (₹)
+27.1% +9.0%
3.52 3.23 2.77
Quality of profit
Core 68% Other income & one-offs 32%
Pre-tax profit ₹22.0 Cr: core business ₹15.0 Cr, other income ₹7.0 Cr.
Core profit YoY: +650.0%
· reported profit +30.8%
Cash & debt
FY25 cash from operations ₹40.0 Cr:
103% of FY25 net profit of ₹39.0 Cr.
Borrowings ₹25.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹133 ₹176
+32.4% above
Net profit ₹18.0 ₹17.0
-5.8% in line
515147
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +49% above its own trend Operating margin contracted 282 bps YoY 74% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -47%)
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+9.3% +0.6%
116 115 106
Operating profit
-12.0% -19.0%
13.5 16.7 15.4
OPM %
-282 bps -283 bps
11.7% 14.5% 14.5%
Other income
+193.0% +347.9%
6.3 1.4 2.1
Net profit?
+30.0% +25.9%
6.8 5.4 5.2
PAT margin %
+94 bps +118 bps
5.9% 4.7% 4.9%
EPS (₹)
+30.9% +27.0%
1.27 1.00 0.97
Quality of profit
Core 26% Other income & one-offs 74%
Pre-tax profit ₹8.4 Cr: core business ₹2.2 Cr, other income ₹6.3 Cr.
Core profit YoY: -47.3%
· reported profit +30.0%
Cash & debt
FY25 cash from operations ₹45.0 Cr:
239% of FY25 net profit of ₹18.8 Cr.
Borrowings ₹128 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹129 ₹116
-10.1% below
Net profit ₹4.6 ₹6.8
+48.7% above
516078
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +182% above its own trend Operating margin expanded 564 bps YoY 41% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +187%) Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-5.7% +2.6%
31.4 30.6 33.4
Operating profit
+84.3% -18.6%
3.6 4.5 2.0
OPM %
+564 bps -301 bps
11.5% 14.6% 5.9%
Other income
— +337.8%
1.6 0.4 0.1
Net profit
+436.2% +37.6%
3.1 2.3 0.6
PAT margin %
+815 bps +251 bps
9.9% 7.4% 1.7%
EPS (₹)
+437.7% +37.4%
3.71 2.70 0.69
Quality of profit
Core 59% Other income & one-offs 41%
Pre-tax profit ₹4.0 Cr: core business ₹2.4 Cr, other income ₹1.6 Cr.
Core profit YoY: +186.6%
· reported profit +436.2%
Cash & debt
FY25 cash from operations −₹2.0 Cr:
-62% of FY25 net profit of ₹3.2 Cr.
Borrowings ₹47.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹39.7 ₹31.4
-20.9% below
Net profit ₹1.1 ₹3.1
+182.2% above
516096
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -62% below its own trend Operating margin contracted 411 bps YoY 76% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-5.5% +1.6%
48.4 47.6 51.2
Operating profit
-65.4% -41.9%
1.1 2.0 3.3
OPM %
-411 bps -178 bps
2.4% 4.2% 6.5%
Other income
+60.0% +113.3%
0.3 0.1 0.2
Net profit
-80.8% -62.5%
0.3 0.8 1.6
PAT margin %
-243 bps -106 bps
0.6% 1.7% 3.0%
EPS (₹)
-80.8% -62.6%
2.29 6.12 11.93
Quality of profit
Core 24% Other income & one-offs 76%
Pre-tax profit ₹0.4 Cr: core business ₹0.1 Cr, other income ₹0.3 Cr.
Core profit YoY: -95.4%
· reported profit -80.8%
Cash & debt
FY25 cash from operations ₹6.0 Cr:
212% of FY25 net profit of ₹2.8 Cr.
Borrowings ₹27.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹52.8 ₹48.4
-8.4% below
Net profit ₹0.8 ₹0.3
-61.5% below
516106
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -33% below its own trend 80% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -92%)
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+5.8% +0.6%
16.1 15.9 15.2
Operating profit
-16.3% -10.9%
0.4 0.5 0.5
OPM %
-68 bps -33 bps
2.6% 2.9% 3.2%
Other income
+33.3% -78.9%
0.0 0.2 0.0
Net profit
-57.1% -81.8%
0.1 0.3 0.1
PAT margin %
-55 bps -170 bps
0.4% 2.1% 0.9%
EPS (₹)
-57.1% -82.4%
0.03 0.17 0.07
Quality of profit
Core 20% Other income & one-offs 80%
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.
Core profit YoY: -92.3%
· reported profit -57.1%
Cash & debt
FY25 cash from operations ₹1.1 Cr:
1437% of FY25 net profit of ₹0.1 Cr.
Borrowings ₹20.7 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹14.8 ₹16.1
+8.4% above
Net profit ₹0.1 ₹0.1
-32.7% below
517035
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +231% above its own trend Operating margin expanded 468 bps YoY 32% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +124%) FY25 operating cash flow was only 17% of profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+36.2% +22.0%
25.6 21.0 18.8
Operating profit
+87.9% +51.4%
4.4 2.9 2.3
OPM %
+468 bps +330 bps
17.0% 13.7% 12.3%
Other income
+163.6% +270.2%
1.7 0.5 0.7
Net profit?
+195.8% +126.2%
4.2 1.9 1.4
PAT margin %
+890 bps +760 bps
16.5% 8.9% 7.6%
EPS (₹)
+178.9% +120.8%
0.53 0.24 0.19
Quality of profit
Core 68% Other income & one-offs 32%
Pre-tax profit ₹5.4 Cr: core business ₹3.7 Cr, other income ₹1.7 Cr.
Core profit YoY: +123.6%
· reported profit +195.8%
Cash & debt
FY25 cash from operations ₹1.3 Cr:
17% of FY25 net profit of ₹7.6 Cr.
Borrowings ₹21.5 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹22.2 ₹25.6
+15.5% above
Net profit ₹1.3 ₹4.2
+231.4% above
517063
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +330% above its own trend Operating margin expanded 1012 bps YoY 69% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +855%) Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+19.9% +17.4%
7.2 6.1 6.0
Operating profit
+112.8% —
1.7 0.1 0.8
OPM %
+1012 bps +2073 bps
23.2% 2.5% 13.1%
Other income
+637.5% +145.8%
2.4 1.0 0.3
Net profit
+693.0% +752.5%
3.4 0.4 0.4
PAT margin %
+4042 bps +4107 bps
47.6% 6.6% 7.2%
EPS (₹)
+641.1% +758.7%
5.41 0.63 0.73
Quality of profit
Core 31% Other income & one-offs 69%
Pre-tax profit ₹3.4 Cr: core business ₹1.0 Cr, other income ₹2.4 Cr.
Core profit YoY: +854.5%
· reported profit +693.0%
Cash & debt
FY25 cash from operations −₹0.5 Cr:
-12% of FY25 net profit of ₹4.2 Cr.
Borrowings ₹2.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹7.2 ₹7.2
-1.2% in line
Net profit ₹0.8 ₹3.4
+329.9% above
517119
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+12.5% +0.0%
0.1 0.1 0.1
Operating profit
loss narrowed —
-0.3 -0.3 -0.4
Other income
-6.7% +2.1%
1.0 0.9 1.0
Net profit?
+30.0% -11.4%
0.4 0.4 0.3
EPS (₹)
+35.7% -9.5%
0.19 0.21 0.14
Quality of profit
Pre-tax profit ₹0.6 Cr: core business −₹0.4 Cr, other income ₹1.0 Cr.
Core profit YoY: loss narrowed
· reported profit +30.0%
Cash & debt
FY25 cash from operations −₹0.6 Cr:
-47% of FY25 net profit of ₹1.3 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.1 ₹0.1
+5.9% above
Net profit ₹0.4 ₹0.4
+8.7% in line
517236
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -40% below its own trend 72% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +492%)
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+46.9% +11.0%
50.1 45.1 34.1
Operating profit
+51.4% +2.6%
3.9 3.8 2.6
OPM %
+23 bps -64 bps
7.8% 8.4% 7.5%
Other income
+21.7% +833.3%
2.0 0.2 1.6
Net profit?
+19.3% +214.3%
2.0 0.6 1.7
PAT margin %
-92 bps +256 bps
4.0% 1.4% 4.9%
EPS (₹)
+15.4% +215.6%
1.42 0.45 1.23
Quality of profit
Core 28% Other income & one-offs 72%
Pre-tax profit ₹2.7 Cr: core business ₹0.8 Cr, other income ₹2.0 Cr.
Core profit YoY: +492.3%
· reported profit +19.3%
Cash & debt
FY25 cash from operations ₹11.0 Cr:
982% of FY25 net profit of ₹1.1 Cr.
Borrowings ₹62.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹40.4 ₹50.1
+23.8% above
Net profit ₹3.3 ₹2.0
-40.4% below
517238
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +37% above its own trend Operating margin contracted 974 bps YoY 37% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+3.6% +3.0%
3.4 3.3 3.3
Operating profit
-10.9% -24.4%
2.0 2.7 2.3
OPM %
-974 bps -2168 bps
59.6% 81.3% 69.4%
Other income
+18.2% -22.4%
0.5 0.7 0.4
Net profit?
-10.2% -46.3%
0.9 1.6 1.0
PAT margin %
-397 bps -2367 bps
25.7% 49.4% 29.7%
EPS (₹)
-9.3% -44.8%
2.34 4.24 2.58
Quality of profit
Core 63% Other income & one-offs 37%
Pre-tax profit ₹1.4 Cr: core business ₹0.9 Cr, other income ₹0.5 Cr.
Core profit YoY: -15.2%
· reported profit -10.2%
Cash & debt
FY25 cash from operations ₹9.8 Cr:
199% of FY25 net profit of ₹4.9 Cr.
Borrowings ₹22.1 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹3.7 ₹3.4
-7.2% below
Net profit ₹0.6 ₹0.9
+37.4% above
517288
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -48% below its own trend Operating margin contracted 238 bps YoY 38% of pre-tax profit came from other income and one-off items FY25 operating cash flow was only 0% of profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-4.7% -4.3%
4.5 4.7 4.7
Operating profit
-26.0% -26.0%
0.4 0.5 0.5
OPM %
-238 bps -243 bps
8.3% 10.7% 10.7%
Other income
-9.1% -92.2%
0.2 2.6 0.2
Net profit
-25.0% -85.2%
0.4 2.8 0.6
PAT margin %
-254 bps -5120 bps
9.4% 60.6% 11.9%
EPS (₹)
-24.6% -85.2%
0.49 3.31 0.65
Quality of profit
Core 62% Other income & one-offs 38%
Pre-tax profit ₹0.5 Cr: core business ₹0.3 Cr, other income ₹0.2 Cr.
Core profit YoY: -27.3%
· reported profit -25.0%
Cash & debt
FY25 cash from operations ₹0.0 Cr:
0% of FY25 net profit of ₹2.1 Cr.
Borrowings ₹10.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹4.8 ₹4.5
-7.4% below
Net profit ₹0.8 ₹0.4
-48.3% below
517415
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -56% below its own trend Operating margin expanded 340 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
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+2.4% -1.9%
2.5 2.6 2.5
Operating profit
loss narrowed loss narrowed
-0.1 -0.2 -0.2
OPM %
+340 bps +27 bps
-6.0% -6.2% -9.3%
Other income
-16.7% +0.0%
0.3 0.3 0.4
Net profit?
-40.0% -62.5%
0.0 0.1 0.1
PAT margin %
-84 bps -192 bps
1.2% 3.1% 2.0%
EPS (₹)
+0.0% +0.0%
0.01 0.01 0.01
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.2 Cr, other income ₹0.3 Cr.
Core profit YoY: loss narrowed
· reported profit -40.0%
Cash & debt
FY25 cash from operations −₹0.9 Cr:
-269% of FY25 net profit of ₹0.3 Cr.
Borrowings ₹0.1 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹2.9 ₹2.5
-13.1% below
Net profit ₹0.1 ₹0.0
-55.8% below
517417
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -78% below its own trend Operating margin expanded 493 bps YoY 82% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-73.1% -73.3%
22.0 82.6 81.9
Operating profit
-59.0% -51.6%
3.2 6.5 7.7
OPM %
+493 bps +645 bps
14.4% 7.9% 9.5%
Other income
+334.4% +135.6%
1.4 0.6 0.3
Net profit
-79.0% -76.4%
0.7 2.8 3.1
PAT margin %
-85 bps -40 bps
3.0% 3.4% 3.8%
EPS (₹)
-79.0% -76.4%
1.21 5.12 5.76
Quality of profit
Core 18% Other income & one-offs 82%
Pre-tax profit ₹1.7 Cr: core business ₹0.3 Cr, other income ₹1.4 Cr.
Core profit YoY: -92.1%
· reported profit -79.0%
Cash & debt
FY25 cash from operations ₹40.0 Cr:
242% of FY25 net profit of ₹16.5 Cr.
Borrowings ₹90.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹76.2 ₹22.0
-71.1% below
Net profit ₹3.0 ₹0.7
-77.9% below
517437
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +11% above its own trend 28% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-0.5% -27.8%
19.4 26.9 19.5
Operating profit
-9.9% -45.5%
0.7 1.3 0.8
OPM %
-39 bps -122 bps
3.8% 5.0% 4.1%
Other income
+66.7% +7.1%
0.1 0.1 0.1
Net profit
+3.0% -60.9%
0.3 0.9 0.3
PAT margin %
+6 bps -148 bps
1.7% 3.2% 1.7%
EPS (₹)
+3.6% -60.7%
0.57 1.45 0.55
Quality of profit
Core 72% Other income & one-offs 28%
Pre-tax profit ₹0.5 Cr: core business ₹0.4 Cr, other income ₹0.1 Cr.
Core profit YoY: +8.6%
· reported profit +3.0%
Cash & debt
FY25 cash from operations ₹5.3 Cr:
196% of FY25 net profit of ₹2.7 Cr.
Borrowings ₹4.7 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹16.6 ₹19.4
+16.8% above
Net profit ₹0.3 ₹0.3
+10.5% above
517477
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
44% of pre-tax profit came from other income and one-off items FY25 operating cash flow was only 28% of profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+3.6% +2.6%
6.2 6.1 6.0
Operating profit
+2.2% +9.8%
4.2 3.8 4.1
OPM %
-93 bps +433 bps
66.4% 62.1% 67.3%
Other income
+16.8% +8.4%
2.9 2.6 2.4
Net profit
+12.8% +0.0%
5.0 5.0 4.5
PAT margin %
+652 bps -211 bps
80.3% 82.4% 73.8%
EPS (₹)
+12.9% +0.0%
12.55 12.55 11.12
Quality of profit
Core 56% Other income & one-offs 44%
Pre-tax profit ₹6.4 Cr: core business ₹3.6 Cr, other income ₹2.9 Cr.
Core profit YoY: -0.3%
· reported profit +12.8%
Cash & debt
FY25 cash from operations ₹5.0 Cr:
28% of FY25 net profit of ₹17.6 Cr.
Borrowings ₹4.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹5.4 ₹6.2
+16.5% above
Net profit ₹4.7 ₹5.0
+7.3% in line
517494
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -11% below its own trend Operating margin contracted 150 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+11.1% +11.7%
43.6 39.1 39.3
Operating profit
-7.3% +3.8%
3.3 3.2 3.5
OPM %
-150 bps -57 bps
7.5% 8.1% 9.0%
Other income
-48.5% -80.2%
0.3 1.8 0.7
Net profit?
+14.5% -34.2%
0.8 1.2 0.7
PAT margin %
+5 bps -126 bps
1.8% 3.1% 1.8%
EPS (₹)
+0.0% -33.3%
0.14 0.21 0.14
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.0 Cr, other income ₹0.3 Cr.
Core profit YoY: to loss
· reported profit +14.5%
Cash & debt
FY25 cash from operations ₹11.0 Cr:
601% of FY25 net profit of ₹1.8 Cr.
Borrowings ₹64.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹37.6 ₹43.6
+15.9% above
Net profit ₹0.9 ₹0.8
-11.3% below
517554
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -68% below its own trend Operating margin contracted 212 bps YoY 40% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+56.0% -6.6%
103 111 66.2
Operating profit
-11.4% -15.0%
2.9 3.4 3.2
OPM %
-212 bps -28 bps
2.8% 3.1% 4.9%
Other income
+300.0% +877.8%
0.9 0.1 0.2
Net profit
-35.4% -19.2%
1.4 1.7 2.1
PAT margin %
-185 bps -20 bps
1.3% 1.5% 3.2%
EPS (₹)
-50.0% -33.3%
0.02 0.03 0.04
Quality of profit
Core 60% Other income & one-offs 40%
Pre-tax profit ₹2.2 Cr: core business ₹1.3 Cr, other income ₹0.9 Cr.
Core profit YoY: -30.0%
· reported profit -35.4%
Cash & debt
FY25 cash from operations −₹38.0 Cr:
-567% of FY25 net profit of ₹6.7 Cr.
Borrowings ₹33.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹107 ₹103
-3.8% in line
Net profit ₹4.2 ₹1.4
-67.7% below
519014
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-91.7% -85.7%
0.0 0.1 0.1
Operating profit
to loss loss widened
-0.2 -0.1 0.1
Other income
— —
10.2 0.0 0.0
Net profit
— from loss
10.0 -0.1 0.0
EPS (₹)
— from loss
23.68 -0.17 0.07
Quality of profit
Pre-tax profit ₹10.0 Cr: core business −₹0.2 Cr, other income ₹10.2 Cr.
Core profit YoY: to loss
Cash & debt
FY25 cash from operations −₹0.9 Cr.
Borrowings ₹34.6 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.1 ₹0.0
-92.2% below
519064
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -28% below its own trend Operating margin contracted 2091 bps YoY 71% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -75%)
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-31.8% +0.0%
0.1 0.1 0.2
Operating profit
-66.7% +0.0%
0.0 0.0 0.1
OPM %
-2091 bps +0 bps
20.0% 20.0% 40.9%
Other income
+25.0% +25.0%
0.1 0.0 0.0
Net profit
-50.0% +20.0%
0.1 0.1 0.1
PAT margin %
-1455 bps +667 bps
40.0% 33.3% 54.5%
EPS (₹)
-49.6% +20.3%
0.71 0.59 1.41
Quality of profit
Core 29% Other income & one-offs 71%
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: -75.0%
· reported profit -50.0%
Cash & debt
FY25 cash from operations ₹0.3 Cr:
97% of FY25 net profit of ₹0.3 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.2 ₹0.1
-14.8% below
Net profit ₹0.1 ₹0.1
-27.8% below
519174
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +300% above its own trend Operating margin contracted 1255 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
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+13.6% +38.9%
0.2 0.2 0.2
Operating profit
to loss loss narrowed
-0.0 -0.1 0.0
OPM %
-1255 bps +2533 bps
-8.0% -33.3% 4.5%
Other income
-20.0% -20.0%
0.0 0.1 0.1
Net profit
+100.0% from loss
0.0 -0.0 0.0
PAT margin %
+345 bps +1356 bps
8.0% -5.6% 4.5%
EPS (₹)
+100.0% from loss
0.04 -0.02 0.02
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.0 Cr.
Core profit YoY: to loss
· reported profit +100.0%
Cash & debt
FY25 cash from operations −₹0.1 Cr:
-83% of FY25 net profit of ₹0.1 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.2 ₹0.2
+34.3% above
Net profit ₹0.0 ₹0.0
+300.0% above
519230
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items FY25 operating cash flow was only 20% of profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
— —
0.0 0.0 0.0
Operating profit
loss narrowed loss widened
-1.2 -0.9 -1.4
Other income
-20.8% +15.2%
1.9 1.6 2.4
Net profit
-27.4% +3.9%
0.5 0.5 0.7
EPS (₹)
-27.7% +3.4%
0.60 0.58 0.83
Quality of profit
Pre-tax profit ₹0.7 Cr: core business −₹1.2 Cr, other income ₹1.9 Cr.
Core profit YoY: loss narrowed
· reported profit -27.4%
Cash & debt
FY25 cash from operations ₹0.5 Cr:
20% of FY25 net profit of ₹2.3 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.6 ₹0.5
-8.4% in line
519234
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -73% below its own trend Operating margin contracted 199 bps YoY All of pre-tax profit came from other income or one-off items FY25 operating cash flow was only 45% of profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+33.3% -61.0%
7.0 18.0 5.3
Operating profit
-60.0% -96.3%
0.1 1.6 0.1
OPM %
-199 bps -819 bps
0.9% 9.0% 2.8%
Other income
-78.2% -20.0%
0.1 0.1 0.6
Net profit?
-83.7% -94.8%
0.1 1.5 0.5
PAT margin %
-814 bps -735 bps
1.1% 8.5% 9.3%
EPS (₹)
-59.4% -82.9%
0.13 0.76 0.32
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: loss narrowed
· reported profit -83.7%
Cash & debt
FY25 cash from operations ₹3.6 Cr:
45% of FY25 net profit of ₹8.1 Cr.
Borrowings ₹9.2 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹5.3 ₹7.0
+33.1% above
Net profit ₹0.3 ₹0.1
-73.0% below
519238
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+37.4% +24.5%
22.4 18.0 16.3
Operating profit
loss widened to loss
-0.6 0.3 -0.4
OPM %
-15 bps -410 bps
-2.5% 1.6% -2.4%
Other income
— —
2.7 0.0 0.0
Net profit
from loss —
1.8 0.1 -0.6
PAT margin %
+1190 bps +765 bps
8.0% 0.3% -3.9%
EPS (₹)
from loss —
0.53 0.02 -0.19
Quality of profit
Pre-tax profit ₹1.8 Cr: core business −₹0.9 Cr, other income ₹2.7 Cr.
Core profit YoY: loss widened
Cash & debt
FY25 cash from operations ₹1.2 Cr:
54% of FY25 net profit of ₹2.1 Cr.
Borrowings ₹13.9 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹32.6 ₹22.4
-31.3% below
519242
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin contracted 7183 bps YoY 28% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +164%) Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
— -60.7%
4.3 10.9 0.1
Operating profit
+163.6% from loss
0.3 -0.5 0.1
OPM %
-7183 bps +1122 bps
6.7% -4.5% 78.6%
Other income
— —
0.1 0.0 0.0
Net profit
+263.6% from loss
0.4 -0.5 0.1
PAT margin %
-6927 bps +1378 bps
9.3% -4.5% 78.6%
EPS (₹)
+262.5% from loss
2.32 -2.84 0.64
Quality of profit
Core 72% Other income & one-offs 28%
Pre-tax profit ₹0.4 Cr: core business ₹0.3 Cr, other income ₹0.1 Cr.
Core profit YoY: +163.6%
· reported profit +263.6%
Cash & debt
FY25 cash from operations −₹0.1 Cr:
-550% of FY25 net profit of ₹0.0 Cr.
Borrowings nil at Mar 2025.
519353
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
— —
0.0 0.0 0.0
Operating profit
— loss narrowed
0.0 -0.0 0.0
Other income
— -33.3%
0.0 0.0 0.0
Net profit
— from loss
0.0 -0.0 0.0
EPS (₹)
— from loss
0.02 -0.02 0.00
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.0 Cr.
Cash & debt
FY25 cash from operations −₹0.3 Cr.
Borrowings nil at Mar 2025.
519359
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -21% below its own trend 64% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -48%)
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-5.8% +0.9%
35.0 34.6 37.1
Operating profit
-40.0% -21.7%
0.2 0.2 0.3
OPM %
-29 bps -15 bps
0.5% 0.7% 0.8%
Other income
— +155.6%
0.2 0.1 0.0
Net profit
+30.0% +30.0%
0.3 0.2 0.2
PAT margin %
+20 bps +17 bps
0.7% 0.6% 0.5%
EPS (₹)
+31.4% +31.4%
0.46 0.35 0.35
Quality of profit
Core 36% Other income & one-offs 64%
Pre-tax profit ₹0.4 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: -48.0%
· reported profit +30.0%
Cash & debt
FY25 cash from operations ₹24.0 Cr:
1778% of FY25 net profit of ₹1.4 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹51.5 ₹35.0
-32.1% below
Net profit ₹0.3 ₹0.3
-21.4% below
519477
· Q2 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin expanded 878 bps YoY 50% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
+236.8% -17.6%
421 511 125
Operating profit
+572.7% -35.1%
74.0 114 11.0
OPM %
+878 bps -473 bps
17.6% 22.3% 8.8%
Other income
+400.0% -61.5%
5.0 13.0 1.0
Net profit?
— -63.5%
19.0 52.0 0.0
PAT margin %
+451 bps -566 bps
4.5% 10.2% 0.0%
EPS (₹)
from loss -63.6%
6.79 18.66 -0.01
Quality of profit
Core 50% Other income & one-offs 50%
Pre-tax profit ₹12.0 Cr: core business ₹6.0 Cr, other income ₹5.0 Cr, exceptional & other items ₹1.0 Cr.
Core profit YoY: from loss
Cash & debt
FY25 cash from operations ₹281 Cr:
685% of FY25 net profit of ₹41.0 Cr.
Borrowings ₹1,300 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹250 ₹421
+68.4% above
519483
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -39% below its own trend Operating margin contracted 276 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
-54.2% +20.4%
30.6 25.4 66.7
Operating profit
loss widened loss widened
-1.3 -0.1 -1.0
OPM %
-276 bps -409 bps
-4.3% -0.2% -1.5%
Other income
-0.5% —
1.9 0.1 1.9
Net profit
-43.5% —
0.3 0.0 0.6
PAT margin %
+22 bps +114 bps
1.1% 0.0% 0.9%
EPS (₹)
-43.7% —
0.58 0.00 1.03
Quality of profit
Pre-tax profit ₹0.6 Cr: core business −₹1.4 Cr, other income ₹1.9 Cr.
Core profit YoY: loss widened
· reported profit -43.5%
Cash & debt
FY25 cash from operations ₹1.0 Cr:
87% of FY25 net profit of ₹1.1 Cr.
Borrowings ₹1.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹133 ₹30.6
-77.1% below
Net profit ₹0.6 ₹0.3
-39.0% below
519506
· Q2 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +750% above its own trend All of pre-tax profit came from other income or one-off items FY25 operating cash flow was only 30% of profit
₹ Cr YoY QoQ
Sep 2025 Jun 2025 Sep 2024
Sales
— —
0.0 0.0 0.0
Operating profit
loss narrowed loss narrowed
-0.0 -0.1 -0.1
Other income
+425.0% +320.0%
0.6 0.1 0.1
Net profit
— +750.0%
0.5 0.1 0.0
EPS (₹)
— +725.0%
0.66 0.08 0.05
Quality of profit
Pre-tax profit ₹0.6 Cr: core business −₹0.0 Cr, other income ₹0.6 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY25 cash from operations ₹1.0 Cr:
30% of FY25 net profit of ₹3.5 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.1 ₹0.5
+750.0% above
How to read this page
The numbers. Each card is one company's Q2 FY26 results as filed with NSE or BSE, read from the
filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when
the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same
quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months).
A swing between profit and loss is described in words: a percentage across it would mislead.
Net profit. On a consolidated statement, net profit is the profit of the whole group for the quarter,
before minority interest. A company's own headline, and the AI read of its filing, often quote the profit
attributable to its shareholders instead, which is lower when subsidiaries are partly owned: Larsen & Toubro's
Q1 FY27 group profit was ₹4,988 Cr, of which ₹4,123 Cr belonged to its shareholders. EPS is worked out on that
attributable profit, so EPS and net profit need not grow at the same rate. On a standalone statement the two
are the same.
Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income,
as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points
(100 bps = 1 percentage point).
Quality of profit. Core profit is operating profit minus interest and depreciation: what the business
itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on
investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more,
and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net
profit, since a fall in provisions can lift profit without the business growing.
Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead
each company is measured against the path it was on: the same quarter last year, grown at the median of its
last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales
5% or more above that, or net profit 10% or more above, is "above trend";
as far below is "below trend". It answers "was this quarter better or worse than the company's own recent
run?", which consensus does not.
Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show
its operating cash flow for the last financial year as a share of that year's net profit (flagged under
50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet
against the one six months earlier (flagged at a 25% move). Balance sheets come with the
September and March results, 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.
Data source Quarterly results filed by listed companies with NSE and BSE (Regulation 33 of SEBI LODR), read from each filing; share prices from the exchanges; market cap and P/E from our daily fundamentals snapshot.
Last updated 14 Oct 2026, 01:15 IST