Daily Market Update

HFCL Q2 Results

HFCL Q2 Results: Consolidated Net Profit Jumps 448% to ₹394 Crore, Revenue Rises 144%

/ Results, Daily Market Update, Indian Market /

HFCL Limited reported a sharp increase in consolidated net profit for the second quarter of FY27, with profit rising approximately 448% year-on-year (YoY) to ₹394.22 crore, compared with ₹71.92 crore in the corresponding quarter last year. The telecommunications equipment and optical fibre solutions company also reported consolidated revenue of ₹2,541.79 crore, representing growth of approximately […]

HFCL Q2 Results: Consolidated Net Profit Jumps 448% to ₹394 Crore, Revenue Rises 144% Read More »

Kross Q2 Results

Kross Q2 Results: Net Profit Jumps 144% to ₹19.69 Crore, Revenue Rises 80%

/ Results, Daily Market Update, Indian Market /

Kross Limited reported a sharp increase in revenue and net profit for the second quarter of FY27, supported by improved operating performance. The automotive components manufacturer recorded standalone revenue from operations of ₹235.09 crore for the quarter ended September 30, 2026, compared with ₹130.92 crore in the corresponding quarter last year. Net profit rose approximately

Kross Q2 Results: Net Profit Jumps 144% to ₹19.69 Crore, Revenue Rises 80% Read More »

Indian Bank Q2 Results

Indian Bank Q2 Results: Consolidated Net Profit Rises 14% to ₹3,540 Crore

/ Results, Daily Market Update, Indian Market /

Indian Bank reported a 14% year-on-year (YoY) increase in consolidated net profit to ₹3,540 crore for the second quarter of FY27, compared with ₹3,107.97 crore in the corresponding quarter last year. The public sector lender’s consolidated total income rose approximately 21.1% YoY to ₹23,335.98 crore from ₹19,271.09 crore. On a standalone basis, net profit increased

Indian Bank Q2 Results: Consolidated Net Profit Rises 14% to ₹3,540 Crore Read More »

Karur Vysya Bank Q2 Results

Karur Vysya Bank Q2 Results: Net Profit Jumps 37.2% YoY to ₹788 Crore

/ Results, Daily Market Update, Indian Market /

Karur Vysya Bank (KVB) reported a 37.2% year-on-year (YoY) increase in net profit to ₹787.69 crore for the second quarter of FY27, compared with ₹573.96 crore in the corresponding quarter last year. The bank’s total revenue for the quarter increased 10.5% YoY to ₹3,670.21 crore from ₹3,320.29 crore. Operating profit rose 14.2% to ₹1,162.20 crore,

Karur Vysya Bank Q2 Results: Net Profit Jumps 37.2% YoY to ₹788 Crore Read More »

Nestlé India Q2 Results

Nestlé India Q2 Results: Net Profit Jumps 36% YoY to ₹1,027 Crore, Revenue Rises 20%

/ Results, Daily Market Update, Indian Market /

Nestlé India reported a strong financial performance for the second quarter of FY27, with standalone net profit rising 36% year-on-year (YoY) to ₹1,027 crore, compared with ₹753 crore in the corresponding quarter last year. Revenue from operations increased 20% YoY to ₹6,788 crore for the quarter ended September 30, 2026, supported by demand for the

Nestlé India Q2 Results: Net Profit Jumps 36% YoY to ₹1,027 Crore, Revenue Rises 20% Read More »

MRPL Q2 Results

MRPL Q2 Results: Net Profit Surges 203% YoY to ₹1,901 Crore; Board Declares ₹3 Dividend

/ Results, Daily Market Update, Indian Market /

Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation (ONGC), reported a strong year-on-year improvement in its consolidated financial performance for the second quarter of FY27. Net profit increased 203% to ₹1,900.76 crore, compared with ₹627.36 crore in the corresponding quarter last year. According to the company’s financial results announced

MRPL Q2 Results: Net Profit Surges 203% YoY to ₹1,901 Crore; Board Declares ₹3 Dividend Read More »

OneWeb vs Starlink in India

OneWeb vs Starlink in India: Sunil Mittal Seeks Early Approval

/ Daily Market Update, Indian Market /

Bharti Enterprises Chairman Sunil Mittal has called for early regulatory approval for Eutelsat OneWeb, hoping it gets the green light a few days before Elon Musk’s Starlink enters the Indian market. The appeal comes as competition in India’s satellite internet sector gathers momentum, with both companies seeking to expand their presence in the country. Mittal

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Tata Technologies Q2 results

Tata Technologies Q2 Results: Revenue Rises 28.4% YoY to ₹1,699 Crore, Net Income Up 3.6%

/ Results, Daily Market Update, Indian Market /

Tata Technologies reported a 28.4% year-on-year (YoY) increase in operating revenue to ₹1,698.8 crore for the second quarter of FY27, while net income rose 3.6% to ₹171.4 crore. The engineering and digital services company also reported growth in operating EBITDA and announced a $138 million vehicle development programme with a luxury European automotive manufacturer. Tata

Tata Technologies Q2 Results: Revenue Rises 28.4% YoY to ₹1,699 Crore, Net Income Up 3.6% Read More »

idbi bank sale

IDBI Bank Sale Gets Approval After Four Years of Efforts

/ Daily Market Update, Indian Market /

Fairfax to acquire 60.72% stake held by the government and LIC for ₹52,878 crore, marking one of the largest foreign investments in India’s financial sector The Union Cabinet has approved the IDBI Bank sale of 60.72% stake to a Fairfax Financial Holdings-backed entity for ₹52,878 crore, marking a major development in India’s banking sector. The

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BHEL Q2 results

BHEL Q2 Results: Net Profit Jumps 119% YoY to ₹821 Crore, Revenue Rises 23.8% QoQ

/ Results, Daily Market Update, Indian Market /

Bharat Heavy Electricals Limited (BHEL) reported a sharp rise in consolidated net profit for the second quarter of FY2026–27, with profit increasing nearly 119% year-on-year to ₹820.94 crore. Revenue from operations also recorded strong sequential growth during the September quarter. The state-owned engineering and manufacturing company reported consolidated net profit of ₹820.94 crore for Q2

BHEL Q2 Results: Net Profit Jumps 119% YoY to ₹821 Crore, Revenue Rises 23.8% QoQ Read More »

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