700 CRORE REVENUE
Sammaan Capital Q2 Results: Net profit rises to Rs 312 crore, AUM up 5% QoQ to Rs 59,188 crore
Sequentially, the company’s net profit increased over 28% quarter on quarter from Rs 243 crore reported in the first quarter of FY27. The non banking financial company’s assets under management (AUM) meanwhile increased over 5% QoQ to Rs 59,188 crore as at the end of the September quarter, from Rs 56,239 crore at the end of the June quarter.
ET Prime Special Series: Multibagger or IBC - Part 83: Under this auto ancillary’s hood, sales and profits tell different stories
Some auto suppliers spend years trying to win a major customer. This business has been associated with one for four decades. That has helped build manufacturing scale, product capabilities, and a presence near auto plants. But it also creates an unusual equation for investors. Nearly 90% of the company's FY26 revenue is from sales to one related customer. Its portfolio spans parts that can survive the EV transition and others more closely tied to ICE vehicles. The story is about how durable customer access becomes durable returns.
Decoding Ola Electric’s dealer pivot: what the shareholders’ letter says
The company has seen its market share shrink amid intensifying competition. TVS Motor, Bajaj Auto, Ather Energy, and Hero MotoCorp have steadily gained market share, pushing Ola Electric to fifth position in monthly registrations.
Razorpay moves closer to public market debut as Sebi gives green signal to IPO
Razorpay has received Sebi's approval for its proposed IPO, bringing the fintech company's stock market debut closer. Targeting a potential 2027 listing, the company is reportedly exploring a Rs 5,500-6,500 crore fundraising amid valuation and profitability scrutiny.
Jindal Power gets $470 million loan for Botswana project
Jindal Power Ltd. has acquired a $470 million loan to fuel its ambitious power project in Botswana. The financing is backed by three Indian banks, alongside participation from international institutional lenders. This initiative aligns with Jindal's previous international expansion efforts and leverages Botswana's extensive coal resources, which are essential for catering to local electricity requirements.
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REITs in India delivered around 16% annualised returns since 2019; 5 things to check before investing
Discover the potential of investing in India's booming REIT market, where you can earn from commercial real estate without the hassles of ownership and management. Insights from Ramesh Nair reveal REITs' growth drivers, the importance of total returns over distribution yield, and upcoming property segments that could enhance your investment opportunities.
Man Industries' consol profit more than doubles to Rs 82 crore in Jul-Sep
Man Industries reported a more than twofold rise in consolidated Q2 profit to Rs 82 crore, driven by 49% revenue growth and record EBITDA. Saudi acquisition boosted margins, while a Rs 3,500 crore order book supported business prospects.
Demand no longer a constraint: Ola Electric's Bhavish Aggarwal on Q2 earnings call
The bottleneck is not Ola's own plant, which Aggarwal said in his post already has high installed capacity, but its suppliers. About 5,000 vehicles with paid orders in September were delayed by a week into October because chargers were unavailable.
Ola Electric says demand outstrips supply, targets 25,000 vehicles in December
Ola Electric Mobility is experiencing high demand for its electric two-wheelers, causing supply constraints. The company plans to ramp up production to approximately 25,000 vehicles by December. Despite these plans, recent losses were reported along with a decline in consolidated revenue from operations. Ola Electric has significantly reduced its borrowings and expects to generate free cash flow soon.
Ola Electric Q2 Results: Loss narrows YoY to Rs 362 crore, revenue falls 39%
Ola Electric Q2 Results: The electric two-wheeler maker's revenue from operations fell 39% year-on-year (YoY) to Rs 421 crore from Rs 690 crore in the year-ago quarter.
GRSE Q2 Results: Net profit rises 12% YoY to Rs 172 crore, revenue up 9%
GRSE reported a 12% year-on-year rise in Q2 FY27 net profit to Rs 171.97 crore, compared with Rs 153.79 crore a year ago. Revenue from operations increased 9% to Rs 1,827 crore, while total expenses rose 8% to Rs 1,654 crore. Net profit margin improved to 9.47% during the quarter.
Tata Power Q2 Results: PAT jumps 33% YoY to Rs 1,652 crore, revenue rises 26%
Tata Power reported its highest-ever quarterly profit of Rs 1,652 crore in Q2 FY27, up 33% year-on-year. Revenue surged 26% to Rs 19,886 crore, supported by renewables, generation, distribution and a record Rs 10,000 crore first-half investment.
NSE shares rise 2%, recover 20% from record low in less than a month. Why Motilal Oswal sees 19% upside
NSE shares hit a record high of Rs 1,965, recovering 20% from their recent low. Motilal Oswal initiated coverage with a Buy rating and a target price of Rs 2,300, citing structural growth opportunities, market leadership and improving earnings prospects.
Tata Steel shares rise 2%. Why brokerages remain bullish; see up to 30% upside potential
Tata Steel shares rise over 2% following strong Q2 FY27 earnings, with net profit increasing 16% year-on-year. Brokerages largely retain Buy ratings, although target prices vary. Nomura cuts its target, while Jefferies remains optimistic and Axis Securities upgrades its rating, citing improving margins and earnings prospects.
Titan bets on studded jewellery, premium watches and eyewear to drive growth
Titan’s strong Q2 performance, driven by studded jewellery and premiumisation, is expected to sustain earnings growth, with gold price stability and a prolonged wedding season likely to revive buyer growth.
Dabur CEO flags rural demand risks from rising commodity inflation, weak rains
Dabur India CEO Herjit S. Bhalla expressed concerns about rising commodity inflation affecting consumption recovery. Increased inflation is projected to impact rural markets in the upcoming two quarters. While Dabur's rural business remains strong, growth is starting to level with urban consumer markets. The company is implementing careful price increases while focusing on cost-saving measures and product portfolio rationalization.
Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish?
Honasa Consumer, the firm behind Mamaearth, saw a remarkable boost in its shares after revealing impressive quarterly earnings. The company recorded a nearly 87% increase in consolidated net profit for the September quarter compared to the same period last year. This surge in revenues marked the greatest growth since Honasa’s market debut. Jefferies has also upgraded its target price for the company, citing strong performance and promising future profitability.
Tata Steel shares jump 3% after Q2 profit rises 16% YoY. Should you buy, sell or hold?
Tata Steel shares surged over 3% during Muhurat Trading after Q2 FY27 net profit rose 16% year-on-year to nearly ₹3,700 crore. Revenue increased 11.5%, while brokerages maintained Buy ratings, citing improving margins and stronger second-half performance prospects.
Divi's Labs Q2 Results: PAT surges 64% YoY to Rs 1,127 crore; revenue jumps 35%
Divi's Laboratories has achieved a remarkable profit surge of 63.6% year-on-year for the September quarter of FY27, driven by a 35.4% increase in operational revenue, totaling Rs 3,676 crore. The company's total income reached Rs 3,770 crore in Q2FY27, while the first half of the fiscal year saw total earnings hit Rs 6,907 crore.
Tata Steel Q2 Results: Profit rises 16% YoY to Rs 3,700 crore, revenue up 11%; Noel Tata to retire as director
Tata Group's Tata Steel has reported a 16.2% year-on-year increase in profit after tax for Q2FY27. Consolidated revenue from operations grew by 11.5% year-on-year, reaching over Rs 65,436 crore. The profit after tax for the quarter was around Rs 3,700 crore, compared to the previous year's amount. Additionally, Noel Naval Tata will retire from his position effective November 11, 2026.
Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco
Indian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impressive growth, sparking optimism for a breakout beyond 24,000. Companies like Lenskart, Aurobindo Pharma, and BSE are in the spotlight as they report positive earnings. Experts advise keeping an eye on the support levels as the bullish trend persists.
Biocon CEO forecasts H2 results to outperform H1; company posts 52% fall in Q2 net profit; revenue up 2%
Biocon reported a 52% drop in second-quarter net profit due to shipment delays caused by geopolitical issues. The company expects revenue growth in the second half of fiscal 2027 from its biosimilars and insulin demand. Launches of pertuzumab in Europe and Brazil are anticipated soon, contributing to this growth. In the US market, their ustekinumab biosimilar has gained significant market share, boosting prospects.
Awfis Space Solutions reports Rs 451 crore revenue from operations during Q2FY27
Awfis Space Solutions reported a 26% year-on-year rise in Q2FY27 revenue to Rs 451 crore, driven by strong enterprise and GCC demand. Its co-working business grew 31%, while the company expanded to 254 centres across 18 cities. Awfis is targeting Rs 190-200 crore in full-year Cash EBITDA.
Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%
Lenskart Solutions achieved a net profit of Rs 227.08 crore in Q2FY27, reflecting a 122.1% YoY increase. Revenue from operations rose to Rs 2,845.03 crore, marking a 35.7% YoY growth. Product margin improved to 64% compared to 63.4% in the same quarter last year. The company added 165 new stores in Q2FY27, enhancing its active store count to 3,624.
Awfis Space Solutions shares rally 13% after Q2 profit jumps 94% YoY, revenue rises 20%
Awfis Space Solutions shares rallied after the company reported 94% year-on-year profit growth and a 20% rise in Q2 FY27 revenue. Strong seat sales, premium workspace expansion and enterprise demand supported its operational performance, even as FIIs and mutual funds trimmed stakes.
Bharat Electronics shares gain 3% as Motilal raises target price after Q2; Elara Capital upgrades to Buy
Bharat Electronics shares gained after Motilal Oswal raised its price target and Elara Capital upgraded its rating to Buy. Brokerages cited strong order visibility, healthy revenue growth and margin prospects, while delays in major defence orders remain a key risk.
Jubilant Pharmova plans to raise Rs 800 crore via maiden bond issue
Jubilant Pharmova has announced plans to secure ₹800 crore via its first bond issuance within the local market, featuring ₹400 crore as the base amount and an equal greenshoe option. The capital raised will be primarily allocated to the company’s capital expenditure and upcoming expansion efforts. Subscriptions are anticipated chiefly from mutual funds and asset managers, making this a significant moment in the company's bond market debut.
Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma
Indian equity benchmarks experienced gains, with Nifty nearing the 23,500 resistance level and strong corporate earnings reported. ITC faced a decline in consolidated net profit, impacted by the cigarette business, despite revenue growth. Marico saw a significant rise in net profit and expanding EBITDA margins during the quarter. Container Corporation of India reported a subdued performance with a slight decline in net profit compared to last year.
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