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 14 Oct 2026, 05:10 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

1339 matching results 1339

Page 40 of 45

Jhandewalas Foods Ltd

540850 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 600 bps YoY
  • 33% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +0%)
₹ CrYoY Sep 2025Sep 2024
Sales +150.0% 75.030.0
Operating profit +0.0% 3.03.0
OPM % -600 bps 4.0%10.0%
Other income — 1.00.0
Net profit +50.0% 3.02.0
PAT margin % -267 bps 4.0%6.7%
EPS (₹) +25.5% 2.361.88

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹3.0 Cr: core business ₹2.0 Cr, other income ₹1.0 Cr.

Core profit YoY: +0.0% · reported profit +50.0%

Cash & debt

FY25 cash from operations −₹39.0 Cr.

Borrowings ₹29.0 Cr at Mar 2025.

The Indian Wood Products Company Ltd

540954 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -20% below its own trend
  • 54% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -7.9%+7.5% 55.351.460.0
Operating profit +1.6%-0.5% 3.94.03.9
OPM % +66 bps-57 bps 7.1%7.7%6.4%
Other income +55.1%+220.9% 1.40.40.9
Net profit? +16.3%+98.3% 2.31.12.0
PAT margin % +86 bps+189 bps 4.1%2.2%3.3%
EPS (₹) +16.1%+100.0% 0.360.180.31

Quality of profit

Core 46%Other income & one-offs 54%

Pre-tax profit ₹2.5 Cr: core business ₹1.2 Cr, other income ₹1.4 Cr.

Core profit YoY: +0.0% · reported profit +16.3%

Cash & debt

FY25 cash from operations ₹14.0 Cr: 264% of FY25 net profit of ₹5.3 Cr.

Borrowings ₹80.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹70.7₹55.3 -21.8% below
Net profit₹2.8₹2.3 -19.7% below

The Yamuna Syndicate Ltd

540980 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -38% below its own trend
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +0.0%-21.1% 15.019.015.0
Operating profit —— 0.00.00.0
OPM % +0 bps+0 bps 0.0%0.0%0.0%
Other income -52.4%-16.7% 20.024.042.0
Net profit? -52.4%-16.7% 20.024.042.0
EPS (₹) -51.8%-16.0% 664.28791.151377.36

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹21.0 Cr: core business ₹0.0 Cr, other income ₹20.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: — · reported profit -52.4%

Cash & debt

FY25 cash from operations −₹8.0 Cr: -7% of FY25 net profit of ₹115 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹15.5₹15.0 -3.4% in line
Net profit₹32.2₹20.0 -37.9% below

Angel Fibers Ltd

541006 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +8.9%+10.0% 110100101
Operating profit +33.3%-20.0% 4.05.03.0
OPM % +67 bps-136 bps 3.6%5.0%3.0%
Other income +0.0%+0.0% 2.02.02.0
Net profit —+0.0% 2.02.00.0
PAT margin % +182 bps-18 bps 1.8%2.0%0.0%
EPS (₹) —-4.2% 0.690.720.02

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹2.0 Cr: core business ₹0.0 Cr, other income ₹2.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹10.0 Cr.

Borrowings ₹45.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹107₹110 +3.0% in line

Dr Lalchandani Labs Ltd

541299 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1267 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -3.8%-12.0% 2.02.32.1
Operating profit -51.9%-49.0% 0.30.50.5
OPM % -1267 bps-921 bps 12.7%21.9%25.4%
Other income —— 0.30.00.0
Net profit +33.3%-25.9% 0.20.30.1
PAT margin % +271 bps-183 bps 9.8%11.6%7.0%
EPS (₹) +35.3%-25.8% 0.230.310.17

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 +33.3%

Cash & debt

FY25 cash from operations ₹0.4 Cr.

Borrowings ₹4.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.0₹2.0 +1.3% in line

Waa Solar Ltd

541445 · H1 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 3951 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -38.7%-36.4% 8.813.914.4
Operating profit +35.3%+12.4% 6.45.74.7
OPM % +3951 bps+3135 bps 72.2%40.8%32.7%
Other income +154.1%-22.1% 1.62.00.6
Net profit? from loss-74.9% 1.87.3-0.3
PAT margin % +2268 bps-3172 bps 20.7%52.4%-2.0%
EPS (₹) from loss-75.0% 1.375.47-0.22

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹1.4 Cr, other income ₹1.6 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹4.5 Cr.

Borrowings ₹142 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹28.8₹8.8 -69.4% below

Rajnish Wellness Ltd

541601 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -83% below its own trend
  • Operating margin contracted 459 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -31.1%+163.2% 12.04.617.4
Operating profit to lossto loss -0.20.20.5
OPM % -459 bps-556 bps -1.8%3.7%2.8%
Other income —+158.3% 0.30.10.0
Net profit -78.6%-72.7% 0.10.20.3
PAT margin % -111 bps-432 bps 0.5%4.8%1.6%
EPS (₹) —— 0.000.000.00

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹0.2 Cr, other income ₹0.3 Cr.

Core profit YoY: to loss · reported profit -78.6%

Cash & debt

FY25 cash from operations −₹4.0 Cr: -6667% of FY25 net profit of ₹0.1 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹8.7₹12.0 +37.8% above
Net profit₹0.4₹0.1 -83.4% below

Supershakti Metaliks Ltd

541701 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +40% above its own trend
  • 50% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +0%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -5.2%-15.6% 329390347
Operating profit -12.5%-22.2% 7.09.08.0
OPM % -18 bps-18 bps 2.1%2.3%2.3%
Other income +0.0%+0.0% 4.04.04.0
Net profit +20.0%-14.3% 6.07.05.0
PAT margin % +38 bps+3 bps 1.8%1.8%1.4%
EPS (₹) +5.0%-20.7% 4.876.144.64

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹8.0 Cr: core business ₹4.0 Cr, other income ₹4.0 Cr.

Core profit YoY: +0.0% · reported profit +20.0%

Cash & debt

FY25 cash from operations ₹48.0 Cr.

Borrowings ₹19.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹349₹329 -5.8% below
Net profit₹4.3₹6.0 +40.5% above

Ashnisha Industries Ltd

541702 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 1361 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +550.7%— 4.50.30.7
Operating profit loss widenedloss narrowed -0.2-0.2-0.1
OPM % +1361 bps+6764 bps -3.8%-71.4%-17.4%
Other income +29.6%-30.0% 0.30.50.3
Net profit? +500.0%-50.0% 0.10.10.0
PAT margin % -11 bps-3295 bps 1.3%34.3%1.4%
EPS (₹) —— 0.000.000.00

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹0.3 Cr, other income ₹0.3 Cr.

Core profit YoY: loss widened · reported profit +500.0%

Cash & debt

FY25 cash from operations −₹12.8 Cr: -7500% of FY25 net profit of ₹0.2 Cr.

Borrowings ₹46.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.4₹4.5 +999.0% above
Net profit₹0.0₹0.1 +999.0% above

Amin Tannery Ltd

541771 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +22% above its own trend
  • 40% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -33%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +1.6%-4.2% 10.410.910.3
Operating profit +2.8%-15.1% 0.70.90.7
OPM % +9 bps-90 bps 7.0%7.9%6.9%
Other income —+300.0% 0.00.00.0
Net profit +16.7%+0.0% 0.10.10.1
PAT margin % +9 bps+3 bps 0.7%0.6%0.6%
EPS (₹) +0.0%+0.0% 0.010.010.01

Quality of profit

Core 60%Other income & one-offs 40%

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

Core profit YoY: -33.3% · reported profit +16.7%

Cash & debt

FY25 cash from operations ₹2.3 Cr: 767% of FY25 net profit of ₹0.3 Cr.

Borrowings ₹28.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹10.7₹10.4 -2.4% in line
Net profit₹0.1₹0.1 +21.7% above

Deep Polymers Ltd

541778 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +31% above its own trend
  • Operating margin expanded 149 bps YoY
  • 30% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +3.2%+1.4% 25.825.424.9
Operating profit +13.9%+45.6% 4.12.83.6
OPM % +149 bps+482 bps 15.9%11.1%14.4%
Other income -14.6%-29.3% 0.71.00.8
Net profit? -5.9%+22.1% 1.81.41.9
PAT margin % -66 bps+117 bps 6.9%5.7%7.5%
EPS (₹) -6.4%+21.7% 0.730.600.78

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹2.4 Cr: core business ₹1.7 Cr, other income ₹0.7 Cr.

Core profit YoY: -13.5% · reported profit -5.9%

Cash & debt

FY25 cash from operations ₹19.9 Cr: 384% of FY25 net profit of ₹5.2 Cr.

Borrowings ₹33.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹23.3₹25.8 +10.3% above
Net profit₹1.4₹1.8 +30.5% above

Sungold Media and Entertainment Ltd

541799 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1042 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -17.3%+38.7% 0.40.30.5
Operating profit to lossto loss -0.00.00.0
OPM % -1042 bps-788 bps -4.7%3.2%5.8%
Other income —— 0.10.00.0
Net profit -66.7%— 0.00.00.0
PAT margin % -344 bps+233 bps 2.3%0.0%5.8%
EPS (₹) -66.7%— 0.010.000.03

Quality of profit

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

Core profit YoY: to loss · reported profit -66.7%

Cash & debt

FY25 cash from operations ₹1.1 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.5₹0.4 -17.5% below

A-1 Ltd

542012 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -94% below its own trend
  • Operating margin contracted 133 bps YoY
  • 50% 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 -18.8%-2.4% 63.164.777.8
Operating profit -52.4%-36.0% 1.21.92.5
OPM % -133 bps-99 bps 1.9%2.9%3.2%
Other income +0.0%-22.2% 0.10.10.1
Net profit -92.8%-88.3% 0.10.61.0
PAT margin % -114 bps-82 bps 0.1%0.9%1.2%
EPS (₹) -100.0%-100.0% 0.000.010.02

Quality of profit

Core 50%Other income & one-offs 50%

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

Core profit YoY: -94.5% · reported profit -92.8%

Cash & debt

FY25 cash from operations −₹11.0 Cr: -301% of FY25 net profit of ₹3.6 Cr.

Borrowings ₹22.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹133₹63.1 -52.6% below
Net profit₹1.1₹0.1 -93.6% below

Shubham Polyspin Ltd

542019 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 151 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -1.5%-9.8% 14.015.614.2
Operating profit loss widenedto loss -0.30.1-0.1
OPM % -151 bps-252 bps -2.1%0.5%-0.6%
Other income +36.0%+50.0% 1.00.70.8
Net profit +8.3%-31.6% 0.10.20.1
PAT margin % +8 bps-30 bps 0.9%1.2%0.8%
EPS (₹) +10.0%-31.2% 0.110.160.10

Quality of profit

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

Core profit YoY: loss widened · reported profit +8.3%

Cash & debt

FY25 cash from operations ₹2.2 Cr: 300% of FY25 net profit of ₹0.8 Cr.

Borrowings ₹8.3 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹16.1₹14.0 -12.9% below
Net profit₹0.1₹0.1 +4.8% in line

BCPL Railway Infrastructure Ltd

542057 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +146% above its own trend
  • Operating margin expanded 149 bps YoY
  • 48% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +111%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +117.9%-12.8% 58.366.826.7
Operating profit +165.7%+204.4% 4.81.61.8
OPM % +149 bps+589 bps 8.3%2.4%6.8%
Other income +32.6%+54.0% 1.91.21.4
Net profit? +69.4%+484.9% 3.10.51.8
PAT margin % -152 bps+453 bps 5.3%0.8%6.8%
EPS (₹) +67.8%+160.8% 1.930.741.15

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹4.0 Cr: core business ₹2.1 Cr, other income ₹1.9 Cr.

Core profit YoY: +111.2% · reported profit +69.4%

Cash & debt

FY25 cash from operations −₹6.0 Cr: -119% of FY25 net profit of ₹5.0 Cr.

Borrowings ₹75.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹53.5₹58.3 +8.9% above
Net profit₹1.3₹3.1 +146.0% above
📊 Investor presentation (14 Aug)

Aryan Share and Stock Brokers Ltd

542176 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -62% below its own trend
  • Operating margin expanded 5524 bps YoY
  • 56% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +740%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +55.0%+63.2% 0.60.40.4
Operating profit +740.0%— 0.40.00.1
OPM % +5524 bps+5985 bps 67.7%7.9%12.5%
Other income -46.5%+0.0% 0.50.51.0
Net profit -23.7%-36.2% 0.71.21.0
EPS (₹) -23.5%-36.2% 2.473.873.23

Quality of profit

Core 44%Other income & one-offs 56%

Pre-tax profit ₹1.0 Cr: core business ₹0.4 Cr, other income ₹0.5 Cr.

Core profit YoY: +740.0% · reported profit -23.7%

Cash & debt

FY25 cash from operations ₹1.1 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.3₹0.6 +108.0% above
Net profit₹1.9₹0.7 -61.9% below

Mahip Industries Ltd

542503 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 37% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales —+19.1% 7.26.00.2
Operating profit from lossfrom loss 1.7-0.5-0.5
OPM % —+3205 bps 24.1%-8.0%—
Other income -3.1%+106.5% 0.90.51.0
Net profit +551.3%from loss 2.5-0.30.4
PAT margin % —+4035 bps 35.4%-5.0%—
EPS (₹) +560.0%from loss 1.32-0.160.20

Quality of profit

Core 63%Other income & one-offs 37%

Pre-tax profit ₹2.5 Cr: core business ₹1.6 Cr, other income ₹0.9 Cr.

Core profit YoY: from loss · reported profit +551.3%

Cash & debt

FY25 cash from operations −₹0.2 Cr.

Borrowings ₹7.0 Cr at Mar 2025.

Ambassador Intra Holdings Ltd

542524 · 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
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales —— 0.50.00.0
Operating profit loss narrowedloss narrowed -0.1-0.1-0.3
OPM % —— -10.4%——
Other income -68.3%— 0.20.00.6
Net profit -47.6%from loss 0.1-0.10.2
PAT margin % —— 22.9%——
EPS (₹) -47.0%from loss 0.53-0.291.00

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.2 Cr.

Core profit YoY: loss narrowed · reported profit -47.6%

Cash & debt

FY25 cash from operations −₹0.5 Cr: -276% of FY25 net profit of ₹0.2 Cr.

Borrowings ₹1.3 Cr at Mar 2025.

Energy Infrastructure Trust

542543 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 770 bps YoY
  • 32% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -7.6%-4.8% 923970999
Operating profit +13.9%+0.3% 376375330
OPM % +770 bps+208 bps 40.7%38.7%33.0%
Other income -75.8%-46.7% 8.015.033.0
Net profit? —-21.9% 25.032.02.0
PAT margin % +251 bps-59 bps 2.7%3.3%0.2%
EPS (₹) —-22.9% 0.370.480.03

Quality of profit

Core 68%Other income & one-offs 32%

Pre-tax profit ₹25.0 Cr: core business ₹17.0 Cr, other income ₹8.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹1,182 Cr.

Borrowings ₹6,604 Cr at Mar 2025.

Humming Bird Education Ltd

542592 · H1 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 428 bps YoY
  • 39% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +5.4%+311.7% 5.31.35.0
Operating profit -21.4%from loss 0.7-0.50.8
OPM % -428 bps+5002 bps 12.5%-37.5%16.8%
Other income +28.1%+86.4% 0.40.20.3
Net profit? -10.5%from loss 0.9-0.31.1
PAT margin % -316 bps+4362 bps 17.8%-25.8%21.0%
EPS (₹) -16.8%from loss 1.34-0.701.61

Quality of profit

Core 61%Other income & one-offs 39%

Pre-tax profit ₹1.0 Cr: core business ₹0.6 Cr, other income ₹0.4 Cr.

Core profit YoY: -22.2% · reported profit -10.5%

Cash & debt

FY25 cash from operations −₹1.5 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5.2₹5.3 +1.0% in line

V R Films & Studios Ltd

542654 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 101 bps YoY
  • 42% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -38.6%-7.5% 2.52.74.0
Operating profit -35.4%-44.6% 0.50.90.8
OPM % +101 bps-1376 bps 20.6%34.3%19.6%
Other income -37.5%-16.7% 0.10.10.1
Net profit -68.3%-75.0% 0.10.50.4
PAT margin % -491 bps-1416 bps 5.2%19.4%10.1%
EPS (₹) -67.6%-74.5% 0.120.470.37

Quality of profit

Core 58%Other income & one-offs 42%

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

Core profit YoY: -78.8% · reported profit -68.3%

Cash & debt

FY25 cash from operations ₹2.9 Cr.

Borrowings ₹7.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4.8₹2.5 -48.1% below

G. K. P. Printing & Packaging Ltd

542666 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -36% below its own trend
  • Operating margin expanded 116 bps YoY
  • 30% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -2.2%+24.5% 7.76.27.9
Operating profit +17.4%+80.0% 0.50.30.5
OPM % +116 bps+215 bps 7.0%4.8%5.8%
Other income +80.0%+50.0% 0.10.10.1
Net profit +27.3%+250.0% 0.30.10.2
PAT margin % +84 bps+233 bps 3.6%1.3%2.8%
EPS (₹) +30.0%+225.0% 0.130.040.10

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹0.3 Cr: core business ₹0.2 Cr, other income ₹0.1 Cr.

Core profit YoY: +40.0% · reported profit +27.3%

Cash & debt

FY25 cash from operations ₹1.1 Cr: 124% of FY25 net profit of ₹0.9 Cr.

Borrowings ₹2.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹8.9₹7.7 -12.8% below
Net profit₹0.4₹0.3 -36.4% below

Evans Electric Ltd

542668 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -83% below its own trend
  • Operating margin contracted 1903 bps YoY
  • 41% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +44.2%-66.8% 6.920.74.8
Operating profit -55.7%-93.0% 0.68.21.3
OPM % -1903 bps-3141 bps 8.4%39.8%27.5%
Other income +24.0%-60.8% 0.30.80.2
Net profit -67.3%-95.1% 0.36.61.0
PAT margin % -1589 bps-2717 bps 4.7%31.8%20.5%
EPS (₹) -67.4%-95.2% 0.5812.011.78

Quality of profit

Core 59%Other income & one-offs 41%

Pre-tax profit ₹0.8 Cr: core business ₹0.4 Cr, other income ₹0.3 Cr.

Core profit YoY: -58.5% · reported profit -67.3%

Cash & debt

FY25 cash from operations ₹0.7 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5.5₹6.9 +24.3% above
Net profit₹1.9₹0.3 -83.1% below

Anand Rayons Ltd

542721 · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 123 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -20%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +35.3%+47.8% 11276.083.0
Operating profit -33.2%+19.5% 1.41.12.0
OPM % -123 bps-29 bps 1.2%1.5%2.4%
Other income —+109.7% 0.70.30.0
Net profit +40.2%+27.1% 1.51.21.1
PAT margin % +5 bps-22 bps 1.3%1.6%1.3%
EPS (₹) -1.4%+25.0% 0.700.560.71

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹1.5 Cr: core business ₹0.9 Cr, other income ₹0.7 Cr.

Core profit YoY: -19.8% · reported profit +40.2%

Cash & debt

FY25 cash from operations ₹11.0 Cr: 237% of FY25 net profit of ₹4.7 Cr.

Borrowings ₹16.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹78.3₹112 +43.3% above
Net profit₹1.5₹1.5 +0.4% in line

Galactico Corporate Services Ltd

542802 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -39% below its own trend
  • Operating margin contracted 825 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +64.4%+38.1% 8.96.45.4
Operating profit -12.6%+20.3% 0.80.70.9
OPM % -825 bps-138 bps 9.3%10.7%17.6%
Other income +252.6%+197.8% 1.30.50.4
Net profit? -23.2%-21.8% 0.40.60.6
PAT margin % -553 bps-371 bps 4.8%8.6%10.4%
EPS (₹) -33.3%-33.3% 0.020.030.03

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.8 Cr, other income ₹1.3 Cr.

Core profit YoY: to loss · reported profit -23.2%

Cash & debt

FY25 cash from operations ₹18.6 Cr: 783% of FY25 net profit of ₹2.4 Cr.

Borrowings ₹14.6 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹6.1₹8.9 +44.9% above
Net profit₹0.7₹0.4 -38.9% below

Goblin India Ltd

542850 · H1 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -66% below its own trend
  • Operating margin contracted 472 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -0.1%-17.9% 24.930.424.9
Operating profit -35.2%+886.4% 2.20.23.4
OPM % -472 bps+798 bps 8.7%0.7%13.4%
Other income -39.7%-1.2% 0.80.81.4
Net profit? -52.2%+710.5% 1.50.23.2
PAT margin % -673 bps+555 bps 6.2%0.6%12.9%
EPS (₹) -52.4%+692.9% 1.110.142.33

Quality of profit

Core 57%Other income & one-offs 43%

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

Core profit YoY: -42.5% · reported profit -52.2%

Cash & debt

FY25 cash from operations ₹8.2 Cr.

Borrowings ₹13.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹31.0₹24.9 -19.7% below
Net profit₹4.5₹1.5 -65.7% below

Anuroop Packaging Ltd

542865 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -59% below its own trend
  • Operating margin expanded 769 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +26%)
  • FY25 operating cash flow was only 35% of profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -7.5%-3.8% 3.13.23.3
Operating profit +10.9%+66.3% 1.40.91.3
OPM % +769 bps+1955 bps 46.4%26.9%38.7%
Other income -44.0%+33.3% 0.30.20.5
Net profit? -51.7%-41.7% 0.40.70.9
PAT margin % -1249 bps-886 bps 13.6%22.5%26.1%
EPS (₹) -53.7%-41.5% 0.380.650.82

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹1.1 Cr: core business ₹0.8 Cr, other income ₹0.3 Cr.

Core profit YoY: +26.2% · reported profit -51.7%

Cash & debt

FY25 cash from operations ₹1.4 Cr: 35% of FY25 net profit of ₹4.0 Cr.

Borrowings ₹15.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1.9₹3.1 +58.0% above
Net profit₹1.0₹0.4 -58.6% below

Colab Platforms Ltd

542866 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +61% above its own trend
  • Operating margin contracted 6597 bps YoY
  • 82% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +125%)
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales —+84.1% 40.121.80.2
Operating profit +133.3%from loss 0.3-0.10.1
OPM % -6597 bps+97 bps 0.7%-0.3%66.7%
Other income +252.8%+0.0% 1.31.30.4
Net profit? +222.9%+29.2% 1.61.20.5
PAT margin % —-164 bps 3.9%5.5%—
EPS (₹) —+33.3% 0.080.060.02

No EPS growth against Sep 2024: ₹2 to ₹1 split in May 2025.

Quality of profit

Core 18%Other income & one-offs 82%

Pre-tax profit ₹1.5 Cr: core business ₹0.3 Cr, other income ₹1.3 Cr.

Core profit YoY: +125.0% · reported profit +222.9%

Cash & debt

FY25 cash from operations ₹4.0 Cr: 143% of FY25 net profit of ₹2.8 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.4₹40.1 +999.0% above
Net profit₹1.0₹1.6 +61.5% above

Valencia Nutrition Ltd

542910 · H1 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 11510 bps YoY
  • 53% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +138.1%-46.8% 3.76.91.6
Operating profit from loss-68.9% 0.72.2-1.5
OPM % +11510 bps-1350 bps 19.0%32.5%-96.1%
Other income +6.1%+9.4% 0.30.30.3
Net profit? from loss-71.2% 0.72.3-1.2
PAT margin % +9660 bps-1516 bps 17.9%33.0%-78.7%
EPS (₹) from loss-71.1% 0.391.35-0.87

Quality of profit

Core 47%Other income & one-offs 53%

Pre-tax profit ₹0.7 Cr: core business ₹0.3 Cr, other income ₹0.3 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹15.7 Cr.

Borrowings ₹1.5 Cr at Mar 2025.

Chandra Bhagat Pharma Ltd

542934 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 923 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -60.0%+18.2% 26.022.065.0
Operating profit from loss— 2.00.0-1.0
OPM % +923 bps+769 bps 7.7%0.0%-1.5%
Other income -100.0%-100.0% 0.02.03.0
Net profit -100.0%— 0.00.01.0
PAT margin % -154 bps+0 bps 0.0%0.0%1.5%
EPS (₹) -33.3%+160.9% 0.600.230.90

Quality of profit

Core 0%Other income & one-offs 100%

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

Core profit YoY: loss narrowed · reported profit -100.0%

Cash & debt

FY25 cash from operations −₹6.0 Cr.

Borrowings ₹21.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹32.5₹26.0 -20.0% below

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