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, 06:10 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 43 of 45

L.K.Mehta Polymers Ltd

544366 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 463 bps YoY
  • 45% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -8%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +114.8%+28.8% 15.311.97.1
Operating profit -5.1%-28.2% 0.60.80.6
OPM % -463 bps-291 bps 3.7%6.6%8.3%
Other income +80.0%+100.0% 0.20.10.1
Net profit +20.0%-14.3% 0.30.30.2
PAT margin % -155 bps-99 bps 2.0%3.0%3.5%
EPS (₹) -12.4%-14.3% 0.780.910.89

Quality of profit

Core 55%Other income & one-offs 45%

Pre-tax profit ₹0.4 Cr: core business ₹0.2 Cr, other income ₹0.2 Cr.

Core profit YoY: -8.3% · reported profit +20.0%

Cash & debt

FY25 cash from operations −₹1.8 Cr.

Borrowings ₹6.5 Cr at Mar 2025.

Nukleus Office Solutions Ltd

544370 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 178 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -8%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +18.0%+17.7% 16.914.414.3
Operating profit +28.5%+2.2% 3.73.62.9
OPM % +178 bps-331 bps 21.9%25.2%20.1%
Other income —+185.7% 0.40.10.0
Net profit +26.1%+1.8% 1.21.10.9
PAT margin % +44 bps-107 bps 6.9%7.9%6.4%
EPS (₹) -16.3%+1.8% 2.882.833.44

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹1.5 Cr: core business ₹1.1 Cr, other income ₹0.4 Cr.

Core profit YoY: -8.2% · reported profit +26.1%

Cash & debt

FY25 cash from operations −₹7.5 Cr.

Borrowings ₹10.6 Cr at Mar 2025.

Shreenath Paper Products Ltd

544372 · 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 +3.8%+10.0% 55.050.053.0
Operating profit +0.0%-50.0% 1.02.01.0
OPM % -7 bps-218 bps 1.8%4.0%1.9%
Other income +0.0%+0.0% 2.02.02.0
Net profit +0.0%-50.0% 1.02.01.0
PAT margin % -7 bps-218 bps 1.8%4.0%1.9%
EPS (₹) -42.6%-59.8% 0.390.970.68

Quality of profit

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

Core profit YoY: — · reported profit +0.0%

Cash & debt

FY25 cash from operations −₹7.0 Cr.

Borrowings ₹30.0 Cr at Mar 2025.

PDP Shipping & Projects Ltd

544378 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 286 bps YoY
  • 31% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +133%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +30.8%+5.1% 12.712.19.7
Operating profit +87.5%-53.8% 1.22.60.6
OPM % +286 bps-1206 bps 9.4%21.5%6.6%
Other income —+640.0% 0.40.10.0
Net profit +300.0%-50.8% 0.91.90.2
PAT margin % +487 bps-823 bps 7.2%15.5%2.4%
EPS (₹) +173.5%-50.9% 3.096.291.13

Quality of profit

Core 69%Other income & one-offs 31%

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

Core profit YoY: +133.3% · reported profit +300.0%

Cash & debt

FY25 cash from operations ₹0.2 Cr.

Borrowings ₹2.9 Cr at Mar 2025.

Infonative Solutions Ltd

544393 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 3013 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +7.5%+15.6% 12.110.411.2
Operating profit -62.9%-42.5% 1.93.35.2
OPM % -3013 bps-1609 bps 15.9%32.0%46.0%
Other income +205.3%+75.8% 0.60.30.2
Net profit -58.2%-33.9% 1.52.33.6
PAT margin % -1982 bps-944 bps 12.6%22.0%32.4%
EPS (₹) -69.3%-51.5% 1.282.644.17

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹2.0 Cr: core business ₹1.4 Cr, other income ₹0.6 Cr.

Core profit YoY: -69.0% · reported profit -58.2%

Cash & debt

FY25 cash from operations ₹4.8 Cr.

Borrowings ₹4.0 Cr at Mar 2025.

Srigee Dlm Ltd

544399 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 133 bps YoY
  • 33% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -66%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -42.1%-40.6% 20.935.236.1
Operating profit -49.9%-52.4% 1.83.83.6
OPM % -133 bps-213 bps 8.6%10.8%10.0%
Other income +575.0%+800.0% 0.50.10.1
Net profit -42.0%-50.4% 1.32.72.3
PAT margin % +1 bps-126 bps 6.4%7.7%6.4%
EPS (₹) -58.7%-64.7% 2.246.345.42

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹1.6 Cr: core business ₹1.1 Cr, other income ₹0.5 Cr.

Core profit YoY: -66.0% · reported profit -42.0%

Cash & debt

FY25 cash from operations ₹0.8 Cr.

Borrowings ₹4.0 Cr at Mar 2025.

Astonea Labs Ltd

544409 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 732 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +40.4%-32.3% 66.097.547.0
Operating profit -28.6%-66.9% 5.015.17.0
OPM % -732 bps-793 bps 7.6%15.5%14.9%
Other income —-100.0% 0.00.20.0
Net profit -50.0%-81.3% 1.05.42.0
PAT margin % -274 bps-397 bps 1.5%5.5%4.3%
EPS (₹) -51.1%-80.5% 1.356.942.76

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹2.0 Cr: core business ₹1.0 Cr, other income ₹0.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -66.7% · reported profit -50.0%

Cash & debt

FY25 cash from operations ₹9.0 Cr.

Borrowings ₹53.0 Cr at Mar 2025.

Swastika Castal Ltd

544452 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 35% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +78%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +27.4%-3.6% 16.517.213.0
Operating profit +29.2%-38.0% 2.03.21.5
OPM % +17 bps-667 bps 12.0%18.7%11.9%
Other income +142.3%-76.1% 0.62.60.3
Net profit +238.5%-66.7% 1.34.00.4
PAT margin % +498 bps-1510 bps 8.0%23.1%3.0%
EPS (₹) -37.7%-75.5% 1.626.602.60

Quality of profit

Core 65%Other income & one-offs 35%

Pre-tax profit ₹1.8 Cr: core business ₹1.2 Cr, other income ₹0.6 Cr.

Core profit YoY: +78.5% · reported profit +238.5%

Cash & debt

FY25 cash from operations ₹1.9 Cr.

Borrowings ₹9.1 Cr at Mar 2025.

Essex Marine Ltd

544475 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 713 bps YoY
  • 52% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +181%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +158.7%+33.0% 32.724.612.6
Operating profit +57.4%-13.8% 3.64.22.3
OPM % -713 bps-601 bps 11.1%17.1%18.2%
Other income +819.2%-5.5% 2.42.50.3
Net profit +227.9%+15.2% 3.43.01.0
PAT margin % +220 bps-161 bps 10.4%12.0%8.2%
EPS (₹) +18.0%-17.1% 2.232.691.89

Quality of profit

Core 48%Other income & one-offs 52%

Pre-tax profit ₹4.6 Cr: core business ₹2.2 Cr, other income ₹2.4 Cr.

Core profit YoY: +181.0% · reported profit +227.9%

Cash & debt

FY25 cash from operations −₹4.9 Cr.

Borrowings ₹27.0 Cr at Mar 2025.

Dhillon Freight Carrier Ltd

544556 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 27% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +135%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +0.7%+24.6% 13.811.113.7
Operating profit +5.3%-52.0% 1.22.51.1
OPM % +37 bps-1390 bps 8.7%22.6%8.3%
Other income -23.3%+27.8% 0.20.20.3
Net profit +50.0%-53.7% 0.61.40.4
PAT margin % +150 bps-772 bps 4.6%12.3%3.1%
EPS (₹) +49.7%-53.7% 2.505.401.67

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹0.8 Cr: core business ₹0.6 Cr, other income ₹0.2 Cr.

Core profit YoY: +134.6% · reported profit +50.0%

Cash & debt

FY25 cash from operations ₹3.4 Cr.

Borrowings ₹3.3 Cr at Mar 2025.

Prodocs Solutions Ltd

544643 · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 40% of pre-tax profit came from other income and one-off items
₹ Cr Sep 2025
Sales 24.0
Operating profit 5.0
OPM % 20.8%
Other income 1.0
Net profit? 4.0
PAT margin % 16.7%
EPS (₹) 36.77

Earlier quarters are on record only as standalone figures, so they are not compared with this consolidated statement.

Quality of profit

Core 60%Other income & one-offs 40%

Pre-tax profit ₹5.0 Cr: core business ₹3.0 Cr, other income ₹1.0 Cr, exceptional & other items ₹1.0 Cr.

Aritas Vinyl Ltd

544683 · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 187 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +2.1%-2.0% 49.050.048.0
Operating profit +25.0%+25.0% 5.04.04.0
OPM % +187 bps+220 bps 10.2%8.0%8.3%
Other income —— 0.00.00.0
Net profit +50.0%+50.0% 3.02.02.0
PAT margin % +196 bps+212 bps 6.1%4.0%4.2%
EPS (₹) -70.6%+34.1% 2.281.707.76

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹4.0 Cr: core business ₹3.0 Cr, other income ₹0.0 Cr, exceptional & other items ₹1.0 Cr.

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

Cash & debt

FY25 cash from operations ₹9.0 Cr.

Borrowings ₹37.0 Cr at Mar 2025.

Accord Synergy Limited

ACCORD · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1105 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +47.9%+32.9% 19.114.412.9
Operating profit from lossfrom loss 0.7-0.4-0.9
OPM % +1105 bps+656 bps 3.7%-2.8%-7.3%
Other income +860.0%+152.6% 0.50.20.1
Net profit from lossfrom loss 1.1-0.3-1.0
PAT margin % +1358 bps+802 bps 6.0%-2.0%-7.6%
EPS (₹) from lossfrom loss 3.31-0.84-2.82

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹1.1 Cr: core business ₹0.6 Cr, other income ₹0.5 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹2.2 Cr.

Borrowings ₹0.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹11.1₹19.1 +72.5% above

Aeron Composite Limited

AERON · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -18% below its own trend
  • Operating margin contracted 158 bps YoY
  • 39% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -22%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +8.2%+8.6% 117107108
Operating profit -10.2%+8.2% 9.08.310.0
OPM % -158 bps-3 bps 7.7%7.7%9.3%
Other income +66.8%+17.2% 3.83.22.2
Net profit +8.8%+8.1% 7.26.76.7
PAT margin % +3 bps-3 bps 6.2%6.2%6.2%
EPS (₹) -3.6%-4.1% 4.254.434.41

Quality of profit

Core 60%Other income & one-offs 40%

Pre-tax profit ₹9.5 Cr: core business ₹5.8 Cr, other income ₹3.8 Cr.

Core profit YoY: -22.1% · reported profit +8.8%

Cash & debt

FY25 cash from operations −₹9.0 Cr.

Borrowings ₹45.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹120₹117 -2.8% in line
Net profit₹8.9₹7.2 -18.5% below

Akzo Nobel India Limited

AKZOINDIA · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin contracted 161 bps YoY
  • 97% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹1,874 Cr in the quarter
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -15.0%-16.1% 835995982
Operating profit -24.2%-17.5% 111134146
OPM % -161 bps-22 bps 13.3%13.5%14.9%
Other income —— 1,8829.09.1
Net profit? —— 1,68391.097.9
EPS (₹) —— 369.5219.9821.49

Quality of profit

Core 3%Other income & one-offs 97%

Pre-tax profit ₹2,094 Cr: core business ₹69.4 Cr, other income ₹1,882 Cr, exceptional & other items ₹143 Cr.

Core profit YoY: -43.4%

Against its own trend ?

TrendActualGap
Sales₹1,004₹835 -16.8% below
Net profit₹91.2₹1,683 +999.0% above

Amiable Logistics (India) Limited

AMIABLE · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +22% above its own trend
  • Operating margin contracted 332 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -36.1%-6.2% 8.69.113.4
Operating profit -86.0%from loss 0.1-0.20.6
OPM % -332 bps+334 bps 0.9%-2.4%4.3%
Other income +33.3%+16.7% 0.80.70.6
Net profit -27.9%+390.0% 0.50.10.7
PAT margin % +65 bps+463 bps 5.7%1.1%5.1%
EPS (₹) -28.0%+391.2% 2.800.573.89

Quality of profit

Pre-tax profit ₹0.7 Cr: core business −₹0.2 Cr, other income ₹0.8 Cr.

Core profit YoY: to loss · reported profit -27.9%

Cash & debt

FY25 cash from operations −₹0.7 Cr.

Borrowings ₹2.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹12.4₹8.6 -30.8% below
Net profit₹0.4₹0.5 +22.4% above

ARVIND PORT AND INFRA LIMITED

ARVINDPORT · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -97% below its own trend
  • Operating margin contracted 2143 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -57.2%-66.3% 3.410.07.9
Operating profit -68.9%-74.2% 1.97.56.2
OPM % -2143 bps-1745 bps 57.0%74.4%78.4%
Other income —— 0.50.00.0
Net profit -96.1%-97.0% 0.14.03.1
PAT margin % -3570 bps-3640 bps 3.6%40.0%39.3%
EPS (₹) -97.3%-97.0% 0.072.342.55

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹0.4 Cr, other income ₹0.5 Cr.

Core profit YoY: to loss · reported profit -96.1%

Cash & debt

FY25 cash from operations ₹4.3 Cr.

Borrowings ₹0.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹10.0₹3.4 -66.2% below
Net profit₹4.2₹0.1 -97.2% below

Amit Spinning Industries Limited

ASIL · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrQoQ Sep 2025Jun 2025
Sales +9.2% 26.924.7
Operating profit +15.7% 1.41.2
OPM % +29 bps 5.2%4.9%
Other income +345.0% 4.81.1
Net profit from loss 3.9-0.3
PAT margin % +1567 bps 14.3%-1.4%
EPS (₹) from loss 0.94-0.08

Quality of profit

Pre-tax profit ₹3.9 Cr: core business −₹1.0 Cr, other income ₹4.8 Cr.

Aditya Ultra Steel Limited

AUSL · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 266 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -41.0%-32.6% 184273312
Operating profit -90.0%-90.0% 1.010.010.0
OPM % -266 bps-312 bps 0.5%3.7%3.2%
Other income —— 4.00.00.0
Net profit -80.0%-75.0% 1.04.05.0
PAT margin % -106 bps-92 bps 0.5%1.5%1.6%
EPS (₹) -88.0%-84.9% 0.251.662.09

Quality of profit

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

Core profit YoY: to loss · reported profit -80.0%

Cash & debt

FY25 cash from operations −₹44.0 Cr.

Borrowings ₹76.0 Cr at Mar 2025.

Avi Ansh Textile Limited

AVIANSH · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +33% above its own trend
  • Operating margin contracted 130 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Profit grew faster than the core business (core profit -100%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -4.5%-7.4% 63.068.066.0
Operating profit -25.0%+0.0% 3.03.04.0
OPM % -130 bps+35 bps 4.8%4.4%6.1%
Other income —— 0.00.00.0
Net profit +0.0%+0.0% 1.01.01.0
PAT margin % +7 bps+12 bps 1.6%1.5%1.5%
EPS (₹) -37.5%-21.1% 0.450.570.72

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: -100.0% · reported profit +0.0%

Cash & debt

FY25 cash from operations ₹1.0 Cr.

Borrowings ₹26.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹62.7₹63.0 +0.4% in line
Net profit₹0.8₹1.0 +33.3% above

AVSL Industries Limited

AVSL · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +11.6%+10.0% 77.070.069.0
Operating profit +9.1%+140.0% 12.05.011.0
OPM % -36 bps+844 bps 15.6%7.1%15.9%
Other income -100.0%-100.0% 0.01.01.0
Net profit +0.0%+0.0% 1.01.01.0
PAT margin % -15 bps-13 bps 1.3%1.4%1.4%
EPS (₹) -8.2%-28.2% 1.912.662.08

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹2.0 Cr: core business ₹1.0 Cr, other income ₹0.0 Cr, exceptional & other items ₹1.0 Cr.

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

Cash & debt

FY25 cash from operations ₹6.0 Cr.

Borrowings ₹40.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹70.8₹77.0 +8.8% above

Solve Plastic Products Limited

BALCO · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 992 bps YoY
  • 65% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +8.7%+2.1% 21.821.420.1
Operating profit from lossfrom loss 1.2-3.1-0.9
OPM % +992 bps+2004 bps 5.6%-14.4%-4.3%
Other income +110.0%+147.1% 0.40.20.2
Net profit from lossfrom loss 0.4-2.8-1.9
PAT margin % +1164 bps+1521 bps 1.9%-13.3%-9.7%
EPS (₹) from lossfrom loss 0.96-6.50-4.46

Quality of profit

Core 35%Other income & one-offs 65%

Pre-tax profit ₹0.7 Cr: core business ₹0.2 Cr, other income ₹0.4 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹3.1 Cr.

Borrowings ₹9.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹18.0₹21.8 +21.0% above

B.C. Power

BCP · Q2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +673% above its own trend
  • Operating margin expanded 212 bps YoY
  • 30% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +506%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales -10.6%+92.5% 32.616.936.4
Operating profit +139.1%from loss 1.1-0.20.5
OPM % +212 bps+480 bps 3.4%-1.4%1.3%
Other income +119.0%+9.5% 0.50.40.2
Net profit +286.7%+954.5% 1.20.10.3
PAT margin % +274 bps+291 bps 3.6%0.7%0.8%
EPS (₹) +325.0%+750.0% 0.170.020.04

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹1.6 Cr: core business ₹1.1 Cr, other income ₹0.5 Cr.

Core profit YoY: +505.6% · reported profit +286.7%

Cash & debt

FY25 cash from operations −₹8.3 Cr: -1046% of FY25 net profit of ₹0.8 Cr.

Borrowings ₹0.6 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹39.2₹32.6 -17.0% below
Net profit₹0.1₹1.2 +673.3% above

Cube Highways Trust

CUBEINVIT · Q2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 588 bps YoY
  • 69% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Sep 2025Jun 2025Sep 2024
Sales +28.3%+11.4% 1,052944820
Operating profit +39.5%+14.6% 770672552
OPM % +588 bps+201 bps 73.2%71.2%67.3%
Other income +5.3%+33.3% 40.030.038.0
Net profit? from loss— 40.00.0-30.0
PAT margin % +746 bps+380 bps 3.8%0.0%-3.7%
EPS (₹) from loss— 0.300.00-0.22

Quality of profit

Core 31%Other income & one-offs 69%

Pre-tax profit ₹58.0 Cr: core business ₹18.0 Cr, other income ₹40.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹2,916 Cr.

Borrowings ₹15,115 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹939₹1,052 +12.0% above

Delta Autocorp Limited

DELTIC · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 476 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -12%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +36.6%-19.5% 42.152.330.8
Operating profit -13.5%-50.6% 3.57.04.0
OPM % -476 bps-516 bps 8.2%13.4%13.0%
Other income —+69.2% 1.30.80.0
Net profit +21.0%-41.2% 3.55.92.9
PAT margin % -106 bps-302 bps 8.2%11.2%9.3%
EPS (₹) -10.0%-41.3% 2.263.852.51

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹4.6 Cr: core business ₹3.3 Cr, other income ₹1.3 Cr.

Core profit YoY: -11.8% · reported profit +21.0%

Cash & debt

FY25 cash from operations −₹12.7 Cr.

Borrowings ₹3.9 Cr at Mar 2025.

Destiny Logistics & Infra Limited

DESTINY · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 628 bps YoY
  • 72% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -51%)
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales +15.6%-54.3% 22.348.819.3
Operating profit -33.7%-18.8% 1.92.32.8
OPM % -628 bps+370 bps 8.5%4.8%14.7%
Other income —— 2.60.10.0
Net profit +96.0%+162.5% 2.91.11.5
PAT margin % +541 bps+1089 bps 13.2%2.3%7.8%
EPS (₹) +96.9%+161.6% 1.910.730.97

Quality of profit

Core 28%Other income & one-offs 72%

Pre-tax profit ₹3.6 Cr: core business ₹1.0 Cr, other income ₹2.6 Cr.

Core profit YoY: -50.6% · reported profit +96.0%

Cash & debt

FY25 cash from operations ₹2.1 Cr.

Borrowings ₹17.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹32.4₹22.3 -31.2% below
Net profit₹3.0₹2.9 -2.0% in line

Dhariwalcorp Limited

DHARIWAL · H1 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +61% above its own trend
  • 38% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Sep 2025Mar 2025Sep 2024
Sales -1.3%+5.0% 119113120
Operating profit +34.0%+238.9% 3.41.02.5
OPM % +75 bps+197 bps 2.9%0.9%2.1%
Other income +5.7%+57.7% 1.61.01.5
Net profit +11.9%+200.0% 3.01.02.7
PAT margin % +30 bps+164 bps 2.5%0.9%2.2%
EPS (₹) —— 0.350.103.68

No EPS growth against Mar 2025 and Sep 2024: ₹10 to ₹2 split in Feb 2026.

Quality of profit

Core 62%Other income & one-offs 38%

Pre-tax profit ₹4.2 Cr: core business ₹2.6 Cr, other income ₹1.6 Cr.

Core profit YoY: +28.0% · reported profit +11.9%

Cash & debt

FY25 cash from operations −₹13.0 Cr.

Borrowings ₹11.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹123₹119 -3.1% in line
Net profit₹1.9₹3.0 +60.6% above

Eleganz Interiors Limited

ELGNZ · H1 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 58% of pre-tax profit came from other income and one-off items
₹ Cr Sep 2025
Sales 111
Operating profit 4.7
OPM % 4.3%
Other income 2.7
Net profit? 2.3
PAT margin % 2.1%
EPS (₹) 1.02

First results we hold for this company (a recent listing or a first filing), so there is no earlier quarter to compare with.

Quality of profit

Core 42%Other income & one-offs 58%

Pre-tax profit ₹4.6 Cr: core business ₹2.0 Cr, other income ₹2.7 Cr.

EMA Partners India Limited

EMAPARTNER · H1 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 26% of pre-tax profit came from other income and one-off items
₹ Crvs prev. half Sep 2025Mar 2025
Sales +16.6% 40.534.8
Operating profit +97.2% 7.83.9
OPM % +785 bps 19.2%11.3%
Other income -46.6% 2.34.4
Net profit? +22.6% 7.15.8
PAT margin % +87 bps 17.5%16.7%
EPS (₹) +8.1% 3.062.83

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹9.0 Cr: core business ₹6.6 Cr, other income ₹2.3 Cr.

📊 Investor presentation (11 Aug)

Emerald Tyre Manufacturers Limited

ETML · H1 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 33% 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 +6.1%+4.0% 10510199.0
Operating profit +7.1%+15.4% 15.013.014.0
OPM % +14 bps+141 bps 14.3%12.9%14.1%
Other income +100.0%+300.0% 4.01.02.0
Net profit? +33.3%+100.0% 8.04.06.0
PAT margin % +156 bps+366 bps 7.6%4.0%6.1%
EPS (₹) -11.8%+86.5% 3.882.084.40

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹9.0 Cr: core business ₹6.0 Cr, other income ₹4.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +0.0% · reported profit +33.3%

Cash & debt

FY25 cash from operations ₹8.0 Cr.

Borrowings ₹88.0 Cr at Mar 2025.

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