Q2 Results Today Highlgihts: Bajaj Auto Q2 PAT up 35%, Maruti Suzuki & Cipla

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2 Results Today, 27th October 2026 Highlights: Find all the latest Q2 results 2026 updates of Larsen & Toubro, Maruti Suzuki India, Bajaj Auto, Cipla, Tata Steel, Vedanta Iron And Steel, Waaree Energies, Mazagon Dock Shipbuilders, ACC, JSW Infrastructure, JSW Cement, Steel Authority of India, Tata Capital, SBI Life Insurance Company, Max Financial Services.

EARNINGS IMPACT

GAINERS: Tata Consumer, Paytm, Sona BLW, ITC Hotels, BOM, KFin Tech, Ather Energy

LOSERS: Dalmia, Sumitomo, Aequs

Stock market live updates | Stay tuned to businessline for more

Q2 RESULTS TODAY: KEY HIGHLIGHTS

• Maruti Suzuki: Standalone PAT declined 27% to ₹2414.9 cr

• Bajaj Auto: Standalone PAT rose 35.2% y-o-y to ₹3,353.76 crore in Q2FY27.

• ACC: Standalone profit tumbles to ₹101 crore in Q2

• Indiamart Intermesh: Profit rises 27.4% y-o-y to ₹107.3 cr in Q2FY27

• Mazagon Dock Shipbuilders’ standalone net profit tumbles ₹340.20 cr

• Radico Khaitan: Logs 66% y-o-y increase in standalone net profit at ₹230.87 cr

• Cipla: Standalone PAT declines by 35% to ₹787.03 cr
• Bharat Seats rally as net profit jumps to ₹15.20 cr
• Bharat Bijlee: Standalone PAT at ₹46.04 cr
• Sky Gold: Standalone PAT rises 55.6% y-o-y
• Morepen Lab: Logs profit of ₹88.89 crore in Q2FY27
• L&T, Maruti Suzuki, Bajaj Auto and more Q2 results are awaited. Stay tuned.

FILTERS UPDATESALLquarterly results auto companies

• October 27, 2026 20:56

  L&T Q2 profit grows 33% to ₹5,202 crore, sees record order intake

  L&T Q2 profit grows 33% to ₹5,202 crore, sees record order intake

  Net profit growth in second quarter FY 27 was led by 16% growth in operating revenue to ₹78,750 crore; lower finance costs, treasury income and efficiency in working capital also contributed to gains

• October 27, 2026 20:52

  JSW Infrastructure’s net profit down 12% in Q2 at ₹318 crore

  JSW Infrastructure’s net profit down 12% in Q2 at ₹318 crore

  EBITDA was up 11% at ₹674 crore and the company recorded net cash of ₹1,693 crore and gross debt of ₹7,292 crore

• October 27, 2026 20:41

  ACC net profit plunges 92% to ₹93 crore on higher cost, lower sales

  ACC net profit plunges 92% to ₹93 crore on higher cost, lower sales

  ACC nets 92% fall to ₹93 crore in Q2 on higher costs, lower sales; revenue down 5% to ₹5,666 crore amid MSA impact with Ambuja.

• October 27, 2026 20:36

  Waaree Energies explores data centre entry as Q2 FY27 profit falls 15%

  Waaree Energies explores data centre entry as Q2 FY27 profit falls 15%

  For the quarter ended September 30, 2026, Waaree Energies reported consolidated net profit attributable to owners of ₹719 crore, compared with ₹842 crore in the year-ago period.

• October 27, 2026 20:31

  TVS Credit reports 19% growth in Q2 PAT at ₹243 crore

  TVS Credit reports 19% growth in Q2 PAT at ₹243 crore

  As per a statement by TVS Credit, the NBFC clocked a net profit of ₹243 crores for Q2FY27, a growth of 19% compared to the same period last year

• October 27, 2026 20:18

  Coke sees strong volume growth in Q3 CY26

  Coke sees strong volume growth in Q3 CY26

  Coca-Cola India posts strong Q3 CY26 volume growth amid affordability and premiumisation, while exploring Hindustan Coca-Cola Holdings IPO plans.

• October 27, 2026 20:14

  Tata Capital’s consolidated Q2 net profit jumps 51% to ₹1,660 cr

  Tata Capital’s consolidated Q2 net profit jumps 51% to ₹1,660 cr

  Tata Capital posts 51% Q2 profit rise to ₹1,660 cr, with 23% NII growth and a ₹3 lakh crore loan book expansion.

• October 27, 2026 20:08

  Bajaj Auto profit rises 62% as export surge and EV momentum

  Bajaj Auto profit rises 62% as export surge and EV momentum

  Bajaj Auto’s consolidated net profit attributable to shareholders rose 61.9% year-on-year to ₹3,436.10 crore in the July–September quarter, while revenue increased 59.7% to ₹25,125.56 crore

• October 27, 2026 17:16

  Jubilant Ingrevia Q2 net profit surges 60% to ₹111 cr

  Jubilant Ingrevia Q2 net profit surges 60% to ₹111 cr

  Jubilant Ingrevia posts 60% Q2 profit rise to ₹111 cr and signs 40% stake in ZettaOne, with revenues up and EBITDA growth.

• October 27, 2026 17:16

  AWL Agri Business Q2 profit falls 2% to ₹239 crore; revenue rises to ₹22,271 crore

  AWL Agri Business Ltd on Tuesday reported a 2% drop in consolidated net profit to ₹239.39 crore for the quarter ended September, despite higher revenue.

  Its net profit stood at ₹244.85 crore in the year-ago period.

  Total income rose to ₹22,271.25 crore in the second quarter of this fiscal year from ₹17,525.61 crore in the corresponding period of the preceding year, according to a regulatory filing.

  AWL Agri Business Ltd sells edible oil and other food items under various brands, including Fortune. (PTI) 

• October 27, 2026 17:12

  Bajaj Auto reports 35% rise in standalone profit to ₹3,354-cr in Jul-Sept

  Bajaj Auto reports 35% rise in standalone profit to ₹3,354-cr in Jul-Sept

  Bajaj Auto Q2 FY27: 35% profit rise to ₹3,354 cr, ₹20,003 cr revenue, strong domestic/exports growth; EV/ICE mix improving.

• October 27, 2026 16:55

  RIR Power Electronics posts 41% PAT jump in Q2 FY27, stock hits 52-week low

  RIR Power Electronics posts 41% PAT jump in Q2 FY27, stock hits 52-week low

  Revenue from operations grew 32.5% year-on-year to ₹33.98 crore in Q2 FY27, compared to ₹25.64 crore in the same quarter last year

• October 27, 2026 16:37

  ACC posts 91% plunge in quarterly profit on higher fuel costs, weaker sales

  ACC posts 91% plunge in quarterly profit on higher fuel costs, weaker sales

  ACC posts 91% quarterly profit drop on higher fuel costs, weak sales; cement volumes slip as costs rise.

• October 27, 2026 16:19 Quarterly results

  Maruti Q2 results live:

  Maruti Suzuki revenue rises 26% in Q2, but higher expenses hit profit

  Maruti Suzuki’s Q2 profit fell short of estimates at ₹2,415 crore as expenses rose, despite a 26% increase in revenue to ₹53,340 crore.

• October 27, 2026 16:18 Quarterly results

  Raymond Q2 results live:

  Raymond reported standalone profit of Rs 1.59 crore in Q2FY27 compared to Rs 2.85 crore loss in Q2FY26.

• October 27, 2026 16:01 Quarterly results

  Honeywell Automation Q2 results live:

  Honeywell Automation reported net profit of Rs 133.7 crore in Q2FY27 as against Rs 119.5 crore in Q2FY26.

• October 27, 2026 16:00 Quarterly results

  Kirloskar Brothers Q2 results live: PAT up

  Kirloskar Brothers reported standalone PAT of Rs 54.4 crore in Q2FY27 as against Rs 37.6 crore in Q2FY26.

• October 27, 2026 15:50 Auto

  Maruti Q2 results live: Sales in focus

  During the quarter, Maruti registered its highest-ever Net Sales of INR 506,155 million against INR 401,358million in the same period of the previous year

• October 27, 2026 15:49 Auto

  Bajaj Auto informed the change in the designation of Mr. Kailash Zanzari from Chief Product Officer to Chief Operating Officer.

• October 27, 2026 15:48 Stock market

  Stock market live today, Q2 results today: Benchmarks end flat

  Benchmarks settled marginally flat. Sensex settled at 73,598.67, (-8.08 pts or 0.01%), and Nifty 50 slipped 3.45 pts or 0.02% to 22,749.75.

• October 27, 2026 15:31 Quarterly results

  Maruti Suzuki India Q2 results live: Profit declines 27%

  Maruti Suzuki India’s standalone PAT declined 27% to Rs 2414.9 crore in Q2FY27 from Rs 3302.8 crore in Q2FY26.

• October 27, 2026 15:27 Quarterly results

  Bajaj Auto Q2 results live: Profit up over 35%

  Bajaj Auto’s standalone PAT rose 35.2% y-o-y to Rs 3,353.76 crore in Q2FY27 from Rs 2,479.74 crore in Q2FY26.

  Shares up 2.5% to Rs 10,331 on the NSE.

• October 27, 2026 15:23 Quarterly results

  Indiamart Intermesh Q2 results live: Profit rises over 27% y-o-y

  Indiamart Intermesh reported 27.4% y-o-y increase in standalone net profit to Rs 107.3 crore in Q2FY27 from Rs 84.2 crore in Q2FY26.

  Shares surged 5% to Rs 1,637.40 on the NSE.

• October 27, 2026 15:20 Quarterly results

  ACC Ltd Q2 results live: Operation metrics

  Screenshot 2026-10-27 151918.png

• October 27, 2026 15:19 Quarterly results

  KFin Tech Q2 results live:

  KFin Technologies surges 6% after Q2 results

  Revenue from operations rose 29.9% year-on-year to ₹401.8 crore, EBITDA grew 18.7% to ₹161 crore, though margins contracted to 40.1% from 43.9% a year earlier

• October 27, 2026 15:19 Quarterly results

  ACC Ltd Q2 results live: Management commentary | Vinod Bahety, Whole-time Director and CEO, ACC

  “Our growth remains trade-led, in line with our strategy, while we continue to strengthenthe institutional business through a comprehensive solutions approach with a focus onvalue and profitability. Industry demand remains supportive and is expected tostrengthen post-monsoon, aided by housing, infrastructure and capital expenditure,while improving pricing momentum should moderate the impact of elevated fuel andenergy costs.”

  - Vinod Bahety, Whole-time Director and CEO, ACC Limited

• October 27, 2026 15:17 Quarterly results

  ACC Ltd Q2 results live: Consolidated Financial Highlights Q2 FY27

  • Q2 cement sales volume stood at 9.7 MnT, Trade share increased by 7 pp YoY to78%, while premium products accounted for 47% of trade sales, up 3 pp QoQ,Blended cement share improved to 85% from 78% in Q2 FY’26.

  • Revenue from operations stood at Rs 5,689 Cr; Operating EBITDA was Rs 401Cr, with a margin of 7.0% and EBITDA of Rs 414 per tonne (higher MSA volumeswith Ambuja).

  • Ready-Mix Concrete achieved quarterly volume of 1.07 Mn m³ in Q2 FY’27,registering 19% YoY growth.

• October 27, 2026 15:13 Quarterly results

  Transport Corporation of India Q2 results live: Profit dips

  Transport Corporation of India’s standalone net profit dipped to Rs 91.7 crore in Q2FY27 compared to Rs 87.8 crore in Q2FY26.

  Board approved issuance of NCDs aggregating to Rs 300 crore; and approved the appointment of Mr. Bhudev Bhushan Giri as CEO – Designate, TCI Seaways Division and Senior Management Personnel of the Company.

  Shares flat at Rs 845.35 on the NSE.

• October 27, 2026 15:04 Quarterly results

  Mazagon Dock Shipbuilders Q2 results live: Profit, dividend and more

  Mazagon Dock Shipbuilders’ standalone net profit tumbled to Rs 340.20 crore in Q2FY27 as against Rs 715.37 crore in Q2FY26.

  Declared interim dividend of Rs 5 per share.

  Board approved increase in authorised share capital of the ocmpnay to Rs 900 crore.

  Shares fell over 6% to Rs 1752 on the NSE.

• October 27, 2026 14:59 Quarterly results

  ACC Q2 results live: Profit tumbles

  ACC posted standalone net profit of Rs 101 crore in Q2FY27 as against Rs 1,112 crore in Q2FY26.

  Shares down about 4% to Rs 1,123.30 on the NSE.

• October 27, 2026 14:44 Quarterly results

  Jubilant Ingrevia Q2 results live: Key highlights

  Screenshot 2026-10-27 144318.png

• October 27, 2026 14:43 Quarterly results

  Jubilant Ingrevia Q2 results live: Management commentary

  “We are pleased to report sustained strong growth momentum in Q2 FY27, with revenue growing by 24% YoY,and EBITDA growing by 51% YoY, reflecting disciplined execution across our businesses. Our quarterly EBITDAhas more than doubled in three years, reflecting the successful execution of our Pinnacle strategy and disciplinedcost management. This momentum was also reflected in our strong H1 performance, with revenue increasing by25% and EBITDA by 44%.We are delighted to have signed an agreement to acquire a 40% stake in ZettaOne Technologies Limited,marking our entry into the EDMS space, which will help us in offering an integrated value proposition to ourcustomers in Electronics/Semicon sectors”. 

• October 27, 2026 14:41 Quarterly results

  Huhtamaki India Q2 results live: Profit declines

  Huhtamaki India reported PAT of Rs 29.7 crore in Q2FY27 against Rs 36.7 crore in Q2DY26.

  Shares tank over 10% to Rs 193.96 on the NSE.

• October 27, 2026 14:37 Quarterly results

  Radico Khaitan Q2 results live: Profit rises

  Radico Khaitan reported 66% y-o-y increase in standalone net profit of Rs 230.87 crore in Q2FY27 compared to Rs 138.95 crore in Q2FY26.

  Shares up 2% to Rs 4,272 on the NSE.

• October 27, 2026 14:34 Quarterly results

  Century Enka Q2 results live: Q2 profit dips

  Century Enka reported 21% y-o-y decline in standalone net profit for the quarter ended September 2026 at Rs 18.64 crore against Rs 22.56 crore in Q2FY26.

  Shares traded 7% lower at Rs 476.20 on the NSE.

• October 27, 2026 14:32 Quarterly results

  Jubilant Ingrevia Q2 results live: Profit down sequentially

  Jubilant Ingrevia reported standalone PAT of Rs 70.40 crore in Q2FY27 compared to Rs 126.22 crore in June 2026 quarter and Rs 44.03 crore in Q2FY26.

  Shares traded 6% higher at Rs 643.70 on the NSE.

• October 27, 2026 14:29 Quarterly results

  Bharat Bijlee Q2 results live: Profit up

  Bharat Bijlee reported standalone PAT of Rs 46.04 crore in Q2FY27 as against Rs 28.23 crore in Q2FY26.

  Shares jumped 16% to Rs 2,611.70 on the NSE.

• October 27, 2026 13:49 Companies

  Cipla Q2 results live: Management commentary

  “We are pleased to share that we continue to make considerable progress across our focused markets. InQ2FY27, we delivered global revenues of INR 7,404 Cr with a sequential growth of 4% QoQ, while EBITDAmargin expanded by 200 basis points QoQ to 18.7%. Our One-India business grew at solid 12% YoY. BrandedPrescription business delivered a robust growth, with key therapies outpacing the market. The U.S. businessposted revenue of $ 172 Mn during the quarter, continuing its sequential growth trajectory. We expect NorthAmerica performance to remain supported by our upcoming product pipeline. South Africa private marketbusiness continued to outperform the market, growing approximately 1.3x faster than the market. We continueto focus on sustained growth in our core businesses, improving productivity, strengthening our pipeline in orderto serve patients with trusted, high-quality medicines” 

  Achin Gupta MD and Global CEO, Cipla Ltd

• October 27, 2026 13:47 Quarterly results

  Kirloskar Pneumatic Company Q2 results live: Profit dips, shares fall

  Kirloskar Pneumatic Company’s standalone net profit dipped 7.8% to Rs 39.8 crore in Q2FY27 as against Rs 43.2 crore in Q2FY26.

  Shares traded 8% lower at Rs 546.50 on the NSE.

• October 27, 2026 13:38 Quarterly results

  Morepen Laboratories Q2 results live: Profit jumps

  Morepen Laboratories posted net profit of Rs 88.89 crore in Q2FY27 as agianst Rs 41.04 crore in Q2FY26.

  Shares hit upper circuit on the NSE at Rs 132.31, 5% higher.

• October 27, 2026 13:36 Quarterly results

  Bharat Seats Q2 results live: Profit rises

  Bharat Seats reported net profit of Rs 15.20 crore in Q2FY27 as against Rs 9.90 crore in Q2FY26.

  Board approved the investment in the equity shares of a Special Purpose Vehicle (SPV), amounting to Rs. 99 Lakhs, in one or more tranches, for sourcing power through captive solar power energy

  Shares jumped over 11% to Rs 206 on the NSE.

• October 27, 2026 13:29 Quarterly results

  Dynamic Cables Q2 results live:

  Screenshot 2026-10-27 132752.png

• October 27, 2026 13:25 Quarterly results

  Cipla Q2 results live: Profit falls 35%

  Cipla reported standalone PAT of Rs 787.03 crore in Q2FY27, down 34.9% from Rs 1,210.53 crore recorded in Q2FY26.

  Shares flat at Rs 1,351.20 on the NSE.

• October 27, 2026 13:22 Quarterly results

  SKY GOLD AND DIAMONDS Q2 results live: PAT rises 56% y-o-y

  SKY GOLD AND DIAMONDS posted 55.6% y-o-y increase in standalone net profit of Rs 85.37 crore in Q2FY27.

  Board approved raising of funds not exceeding Rs 1,800 crore through QIP.

  Shares flat at Rs 941.60 on the NSE.

• October 27, 2026 13:19 Quarterly results

  Sterling Tools Q2 results live: Profit declines

  Sterling Tools’ standalone net profit declined to Rs 13.63 crore in Q2FY27 as against Rs 19.79 crore in Q2FY26.

  Board has appointed Amit Dhadda as the Chief Financial Officer (CFO) following the resignation of Anish Agarwal.

  Shares flat at Rs 217.27 on the NSE.

• October 27, 2026 13:14 Quarterly results

  Iris Clothings Q2 results live:

  Screenshot 2026-10-27 131300.png

• October 27, 2026 13:13

  Acutaas Chemicals Q2 results live: Key highlights

  Screenshot 2026-10-27 131114.png

• October 27, 2026 12:38 Stock up

  Nazara Q2 results live: Shares in focus

  Nazara Technologies had reported a profit after tax of about Rs 35.3 crore for the quarter ended September 30, 2026, against a loss of about Rs 34 crore in the year-ago period,

  Shares traded flat at Rs 400.95 on the NSE.

• October 27, 2026 12:22 Stock down

  Tamilnad Mercantile Bank Q2 results live: Shares in red

  Tamilnad Mercantile Bank shares erased early gains, trading at Rs 787.30 on the NSE at 12.20 pm after hitting an intraday high of Rs 828.60.

  It posted its highest-ever quarterly net profit of ₹451 crore in Q2FY27.

• October 27, 2026 12:14 Stock up

  Bank of Maharashtra Q2 results live: Shares up

  Bank of Maharashtra traded 2% positive at Rs 77.93 on the NSE at 12.12 pm, after rising to Rs 80.50. It reported a 41 per cent year-on-year (yoy) jump in second quarter net profit at ₹2,310 crore.

• October 27, 2026 12:02 Stock market

  Stock market live updates, Q2 results today live: Markets flat at noon

  By 12 noon, Sensex traded flat at 73,600.30, and Nifty 50 traded at 22,774.75.

• October 27, 2026 11:53 Stock up

  Sona BLW Precision Forgings Q2 results live: Shares rally

  Sona BLW Precision Forgings traded 9% higher at Rs 854.40 on the NSE after hitting a fresh 52-week high of Rs 858.95.

  It posted 29 per cent growth in net profit to Rs 223.4 crore in Q2FY27.

• October 27, 2026 11:37 Stock down

  Paytm Q2 results live: Shares erase early gains

  One 97 Communications (Paytm) shares declined 1% to Rs 1,632.30 on the NSE at 11.35 am after rising to Rs 1,687.70 in early trade.

  It posted over a 10-fold rise in profit after tax (PAT) to ₹225 crore for the September quarter.

• October 27, 2026 11:28 Quarterly results

  Tata Steel Q2 results live: Board meeting moved to Nov 7 for consideration of financial results

  The Company has informed the Exchange that a Board meeting to be held on October 27, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on November 07, 2026, to consider and approve the financial results for the period ended September 30, 2026, and other business matters.

• October 27, 2026 11:26 Stock up

  ITC Hotels Q2 results live: Shares in green

  ITC Hotels gained 2% to Rs 167.31 on the NSE at 11.23 am. It had hit a high of Rs 174.40 in early trade after a 52 per cent year-on-year increase in consolidated net profit to ₹202.65 crore in Q2FY27.

• October 27, 2026 11:05 Quarterly results

  Suntech Realty Q2 results live:

  Sunteck Realty Q2 profit rises 17% to ₹57 cr; income grows 27% to ₹334 cr

  Sunteck Realty Ltd reported a 17 per cent increase in its consolidated net profit to ₹57.11 crore in the quarter ended September on higher income. Its net profit stood at ₹48.96 crore in the year-ago period

• October 27, 2026 10:13 Quarterly results

  Onesource Specialty Pharma Q2 results live: Profit rises

  Onesource Specialty Pharma reported standalone net profit of Rs 86.2 crore in Q2FY27 as against Rs 37.1 crore in Q2FY26.

  Shares surged 6% to Rs 1,478.60 on the NSE.

• October 27, 2026 10:11 Stock up

  Tata Consumer Products Q2 results live: Brokerages positive, retain buy calls

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  Tata Consumer shares surge over 6% as brokerages cheer Q2 results

  Tata Consumer Products shares surged over 6 per cent on Tuesday after the company reported a 16 per cent year-on-year increase in consolidated net profit attributable to shareholders to ₹469.30 crore in the July–September 2026 quarter.

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• October 27, 2026 10:10 Quarterly results

  Sona BLW Q2 results live: Brokerages call

  Bernstein on Sona BLW

  • OW, TP Rs 850
  • Q2 Revenue growth (+35% YoY) reflects several levers coming through together: traction motors gaining share, strong recovery in differential assemblies, & suspension motors scaling in China
  • Business enters H2 with a broader base of growth & further programs to ramp
  • While declining percentage margins will understandably attract attention, don’t think earnings case require a return to historical peaks while revenue opportunity continues to expand
  • Management has, however, retained its 23-25% EBITDA margin framework

  CITI on Sona BLW

  • Buy, TP Raised to Rs 960 from Rs830
  • Strong beat in 2QFY27 results, driven by a robust revenue growth.
  • Suspension motors, traction motors and differential assemblies segments saw strong trends.
  • Demand outlook remains positive, with tailwinds for global EVs as well as domestic E2W sectors .
  • New products are likely to result in Sona’s growth being higher than underlying industry’s.
  • Orderbook trends improved with (Rs251bn now vs Rs240bn as of 1QFY27 end).
  • That said, margins are likely to remain under pressure, given 1) severe material cost inflation, 2) increase in freight rates, & 3) mix shift towards 2W traction motors (low margin).

  Kotak Inst Eqt on Sona BLW

  • Sell, TP Rs 700 from Rs675
  • 2QFY27 EBITDA came in 9.5% above estimates due to a better-than-expected revenue print
  • Expect revenue growth to accelerate, owing to
  • (1) recovery in differential assembly business,
  • (2) strong momentum in traction motors and railway segments
  • (3) incremental opportunity in differential gears.
  • Beyond current products, expect Physical AI & BEV traction motor opportunity to drive medium-term growth prospects
  • Valuation remains expensive, which drives SELL

  JPM on Sona BLW

  • UW, TP Rs 600
  • 2QFY27 a beat vs expectations.
  • Revenue of Rs 15.5bn (+35% YoY) was 7% above JPMe, while EBITDA of Rs 3.6bn (+23% YoY) was +5% vs JPMe
  • EV revenues grew 129% YoY due to a combination of:
  • 1) normalisation of differential assembly revenues in North America,
  • 2) traction motor growth in Indian 2W/3W EVs, and
  • 3) suspension motors ramp-up in China
  • Raising FY27-29 revenue and EBITDA forecast by 9-13% and 5-10%, respectively
  • This should drive an EPS CAGR (FY26-29) of 23%, but stock is already trading at 47xFY28 P/E

  Jefferies on Sona BLW

  • Recommendation: Buy, Target: ₹950 (Earlier Target: ₹900)
  • Q2 Beat and Good Order Traction
  • Secured new orders across differentials, radar sensors and motors & motor controllers
  • Recent partnership with Denso and entry into robotics & physical AI has also opened up big opportunities
  • Valuation is rich, but multiples should sustain given strong engineering capabilities and growth potential
• October 27, 2026 10:09 Quarterly results

  One 97 Communications / Paytm Q2 results live: Brokerages view

  Bernstein on One 97 Comm

  • O-P, TP Rs 2200
  • Delivered strong revenue growth in 2Q27, led by financial services (+49% YoY, +12% QoQ) & marketing services (+26% YoY, +20% QoQ).
  • Net payment revenue also grew a healthy 7% QoQ, though YoY growth was more modest at +8% due to PIDF revenue in last
  • year’s base.
  • Revenue growth was stronger than expected, but costs were also higher, with indirect costs up 14% YoY (+5% QoQ).
  • Despite this, EBITDA increased 90% YoY (+33% QoQ), with EBITDA margin expanding to 10%.

  MS on One 97 Comm

  • EW. TP Rs 1450
  • Key Takeaways
  • (+) Clean operating beat: Revenue up 28% YoY (beat estimate by 5%/; EBITDA Rs2.7bn (+91% YoY) – in line with MSe
  • (+) Financial services revenue growth rose to 49% YoY (+5% vs estimate), led by merchant (50%+ of loans to repeat borrowers), postpaid & personal
  • loans.
  • (+) Expects a 2.5bps lift in payment processing margin from MDR on select UPI P2M transactions (implies Rs9.7bn on F28 GMV estimate).
  • (=) Per management, DLG costs to rise from 3QF27 as largest lender resumes DLG; CM to dip near term, but management expects EBITDA to improve in
  • 3QF27.
  • (-) Payment GMV was flat qoq and YoY growth moderated to 25% – industry growth itself moderated as festive season shifted to 3QF27

  GS on One 97 Comm

  • Buy, TO Rs 2010 from Rs2070
  • 2Q had a number of positives:
  • (i) Revenue growth was strong at 28% YoY (33% LFL) and should accelerate further as MDR revenue starts flowing in from later this FY;
  • (ii) EBITDA was a 10% beat vs GSe, with margins continuing to expand;
  • (iii) Paytm has now quantified its expectation from UPI MDR (+2.5 bps payment processing margin), and per our calculation this should translate into Rs8-9 bn in EBITDA in FY28, largely in line with our estimate though it should help the market build more confidence on incremental EBITDA opportunity;
  • (iv) Financial Services growth further accelerated and Paytm is seeing improving trends in personal loans, and expects meaningful revenue/EBITDA from postpaid from FY28;
  • (v) Paytm’s market share in payments saw another quarter of improvement, with one of the highest MTU adds in recent periods.
  • The one negative in print was higher than expected capex (device related), which translates into higher D&A costs & thus leads to some cuts in EPS.

  CITI on One 97 Comm

  • Buy, TP Rs 1940 from Rs1560
  • 2Q EBITDA/EBIT was +4%/+1% vs Citi at Rs2.7bn/Rs1.2bn.
  • Net payment margins rose 0.5bps QoQ to 9bps (CitiE: +0.3bps QoQ).
  • Financial services revenue growth accelerated to 49% YoY (45% YoY in 1Q; CitiE: 44% YoY).
  • Management guided to +2.5bps net payment margin impact from UPI-MDR (Rs9bn in FY28E – along expected lines) & expects DLG mix in merchant-lending business to rise in near term (negative impact on near-term CM margins).
  • Paytm is seeing growth acceleration in financial services and improvement in net payment margins even ex-UPI
  • It is also upping investments in tech (AI), marketing and distribution (MTU acquisition, on-ground sales-fleet).

  Jefferies on Paytm

  • Recommendation: Buy, Target: ₹2150
  • Q2: Momentum Stays Strong; MDR To Aid Profit & Investments
  • Sharp rise in Ebitda margin to 10% led by efficiencies
  • PBT was 17% above est., but PAT (pre-exceptional) was in line due to higher taxes
  • Rev growth is led by financial services (loan distribution, investments)
  • UPI-MDR will start post-Diwali & mgt sees 2.5bps on GMV as revenues
• October 27, 2026 10:07 Quarterly results

  Kfin Tech Q2 results live:

  Kfin Tech informed that the Department of Business Development, Ministry of Commerce, Thailand has granted the Foreign Business License to the KFin Technologies (Thailand) Limited, a subsidiary of the Company

  Q2 results: 

  1. Revenue from operations grew 29.9% YoY to ₹401.8 crore

  2. EBITDA grew 18.7% YoY to ₹161 crore

  3. Profit after tax (PAT) increased 7.5% YoY to ₹100.3 crore

  Shares traded at Rs 864 on the NSE after rising to Rs 879 from Rs 829 previous close.

• October 27, 2026 10:05 Stock up

  Ather Energy Q2 results live: Shares surge

  Ather Energy shares surged 6% to Rs 1,672.80 on the NSE. Continues to rally for the second session. It posted a consolidated profit after tax (PAT) of ₹1.26 crore in Q2.

• October 27, 2026 09:39 Stock down

  Aequs Q2 results live: Shares tank

  Aequs shares fell 19% to Rs 196.50 in early trade from the previous close of Rs 242.40. At 9.37 am, it traded at Rs 206.35. Its standalone net profit of Rs 1.79 crore in Q2FY27 compared to Rs 4.06 crore in June 32026 quarter and Rs 1.68 million in Q2FY26. 

• October 27, 2026 09:02 Quarterly results

  Paytm Q2 results live:

  Paytm Q2 FY27 profit rises over 10-fold to ₹225 crore; revenue grows 28% to ₹2,648 crore

  Paytm Q2 FY27: PAT up 10x to ₹225 crore, revenue up 28% to ₹2,648 crore, EBITDA at a quarterly high with double-digit margin.

• October 27, 2026 08:54 Quarterly results

  PAYTM Q2 RESULTS LIVE:

  📱 PAYTM | Q2FY27 HIGHLIGHTS

  📊 Earnings & Business Performance

  👥 Average Monthly Transacting Users (MTU): 8.5 crore

  📈 Gross Transaction Value (GTV) growth at 2.2x the industry rate

  🏦 Management Commentary

  📈 Potential MDR upside in payments processing margin.

  📊 Indicative uplift of about 2.5 bps in overall PPM.

  ⏳ Outcome may stabilise in 2–3 quarters of implementation.

• October 27, 2026 08:54 Quarterly results

  KFIN TECHNOLOGIES Q2 RESULTS LIVE:

  KFIN TECHNOLOGIES Q2FY27

  REVENUE 402.00 CR VS 309.00 CR

  (+30.10% YOY┃+12.61% QOQ)

  EBITDA 161.00 CR VS 136.00 CR

  (+18.38% YOY┃+31.97% QOQ)

  EBITDA MARGIN 40.10% VS 43.90% YOY & 34.20% QOQ

  PAT 100.00 CR VS 93.00 CR

  (+7.53% YOY┃+33.33% QOQ)

  EPS 5.80 VS 5.42 YOY & 4.36 QOQ

• October 27, 2026 08:53 Quarterly results

  ITC Hotels Q2 results live:

  ITC Hotels Ltd. (C)

  Net Revenue at Rs. 1054.1 cr. Vs. Rs. 839.5 cr. YoY ⬆️, Rs. 936.0 cr. QoQ ⬆️.

  EBITDA at Rs. 337.5 cr. Vs. Rs. 245.8 cr. YoY ⬆️, Rs. 292.3 cr. QoQ ⬆️.

  EBITDA Margin at 32.0% Vs. 29.3% YoY ⬆️, 31.2% QoQ ⬆️.

  Net Profit at Rs. 202.7 cr. Vs. Rs. 133.3 cr. YoY ⬆️, Rs. 181.9 cr. QoQ ⬆️.

• October 27, 2026 08:52 Quarterly results

  Supreme Industries Q2 results live:

  Supreme Industries Ltd. (C)

  Net Revenue at Rs. 3361.3 cr. Vs. Rs. 2393.9 cr. YoY ⬆️, Rs. 2717.7 cr. QoQ ⬆️.

  EBITDA at Rs. 431.0 cr. Vs. Rs. 297.4 cr. YoY ⬆️, Rs. 397.9 cr. QoQ ⬆️.

  EBITDA Margin at 12.8% Vs. 12.4% YoY ⬆️, 14.6% QoQ 🔻.

  Net Profit at Rs. 262.4 cr. Vs. Rs. 164.7 cr. YoY ⬆️, Rs. 280.7 cr. QoQ 🔻.

  Ashika

• October 27, 2026 08:52 Quarterly results

  Ather Energy Q2 results live:

  Ather Energy Ltd. (C)

  Net Revenue at Rs. 1464.2 cr. Vs. Rs. 898.9 cr. YoY ⬆️, Rs. 1216.9 cr. QoQ ⬆️.

  EBITDA at Rs. 11.5 cr. Vs. Rs. -132.6 cr. YoY ⬆️, Rs. -33.3 cr. QoQ ⬆️.

  EBITDA Margin at 0.8% Vs. -14.7% YoY ⬆️, -2.7% QoQ ⬆️.

  Net Profit at Rs. 1.3 cr. Vs. Rs. -154.1 cr. YoY ⬆️, Rs. -51.1 cr. QoQ ⬆️.

• October 27, 2026 08:51 Quarterly results

  Tata Consumer Q2 results live:

  TATACONSUM: Q2 CONS NET PROFIT 4.7B RUPEES VS 4.04B (YOY); EST 4.56B

  TATACONSUM: Q2 EBITDA 7.75B RUPEES VS 6.72B (YOY), EST 7.75B; Q2 EBITDA MARGIN 13.71% VS 13.53% (YOY), EST 13.8%

  TATACONSUM: Q2 REVENUE 56.6B RUPEES VS 49.6B (YOY); EST 56.05B

• October 27, 2026 08:51 Quarterly results

  MANKIND Q2 results live:

  MANKIND: Q2 CONS NET PROFIT 7.1B RUPEES VS 5.11B (YOY); EST 6.15B

  MANKIND: Q2 EBITDA 11.7B RUPEES VS 9.21B (YOY); Q2 EBITDA MARGIN 27% VS 24.92% (YOY)

  MANKIND: Q2 REVENUE 43.4B RUPEES VS 36.97B (YOY)

• October 27, 2026 08:51 Quarterly results

  BoM Q2 results live:

  MAHABANK: Q2 SL NET PROFIT 23B RUPEES VS 16.3B (YOY); EST 21B

  MAHABANK: Q2 GNPA 1.25% VS 1.45% (QOQ); Q2 NNPA 0.12% VS 0.13% (QOQ)

  MAHABANK: Q2 REVENUE 86B RUPEES VS 71B (YOY)

• October 27, 2026 08:50 Quarterly results

  BoM Q2 results live:

  Bank of Maharashtra reports 41% jump in Q2FY27 net profit at ₹2,310 crore

  The Pune-headquartered public sector bank, which reported a net profit of ₹1,633 crore in the year ago quarter, logged a robust growth in advances amid improvement in asset quality.

Published on October 27, 2026

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