OPERATING MARGIN
Samvat 2083 stock picks: 10 ideas from India’s top brokerages for the next Diwali
Brokerages have identified 10 stocks across banking, defence, hospitality, quick commerce, consumption and manufacturing for Samvat 2083. Kotak Mahindra Bank, Bharat Electronics, Indian Hotels, Adani Ports and Eternal feature among their picks, backed by earnings visibility, strong balance sheets and structural growth opportunities. Their target prices suggest further upside potential.
Mphasis posts 19.6% growth in Q2 profit at Rs 561.1 crore
The Bengaluru-headquartered company's revenue for the three months ended September 30 rose 17.4% from a year earlier and 4.5% sequentially to Rs 4,580.9 crore.
Airtel's premiumisation push comes at a cost as net subscriber additions fall 78%
Bharti Airtel's net mobile subscriber additions plunged 78% sequentially to 7.2 lakh in the September quarter after it discontinued its Rs 299 prepaid smartphone plan, pushing churn higher. However, stronger ARPU growth to Rs 271 helped offset slower additions, supporting revenue and operating profit growth.
US hospitals brace for tougher 2027 as coverage losses and Medicaid cuts loom
US hospital operators are experiencing revenue pressure due to an increase in uninsured patients affecting their operating margins. The expiration of federal subsidies is causing ACA exchange premiums to rise sharply, leading to more patients losing coverage. Major hospital chains are bracing for declines in Medicaid supplemental payments that could hit their finances hard. Analysts caution that forthcoming changes to Medicaid requirements might exacerbate issues for hospital operators.
Will India's gold jewellery retailers maintain credit strength amid soaring gold prices?
India's organised gold jewellery retailers are expected to maintain strong credit profiles in FY27 despite elevated gold prices and affordability pressures, according to Crisil Ratings. Volumes may decline 4-6%, but revenues are projected to rise 21-23% as higher gold prices lift sales values. Healthy cash accruals, prudent inventory management and measured store expansion will cushion rising working capital needs, even as operating margins moderate.
LG Electronics shares jump 8% to 52-week high after Q2 results. Jefferies retains Buy, retains target price
LG Electronics India shares surged to a 52-week high after strong Q2FY27 results, with Jefferies retaining its Buy rating and Rs 1,950 target price. The brokerage expects 21% EPS CAGR through FY29, driven by premiumisation, capacity expansion and new business opportunities.
- Go To Page 1
Gold retailers' revenue to rise up to 23% as volume decline moderates this fiscal: Crisil
India's organised gold jewellery retailers are expected to see a slower decline in sales volumes this fiscal, with revenue projected to grow 21-23 per cent despite elevated gold prices, while their credit profiles are likely to remain resilient on the back of healthy cash flows and controlled expansion, according to Crisil Ratings.
Mahindra rides the SUV boom, but margins feel the cost squeeze
Mahindra & Mahindra reported a 25% increase in consolidated profit driven by strong SUV sales. The company's auto business grew significantly, while the farm division faced challenges with lower tractor volumes. Despite the overall profit growth, rising commodity costs pressured operating margins in the auto sector. Additionally, Mahindra's finance and technology divisions contributed positively to the overall performance.
Figma banking on AI credits, in-house model to lift margins
Figma is leaning on cashing in on its AI features through credits and using its first-party model to power tasks on its design software platform to bolster its margins, finance chief Praveer Melwani told Reuters on Wednesday.
Arisinfra Solutions reports 110% rise in H1 net profit to Rs 42.9 cr
Arisinfra Solutions reported a 110% year-on-year rise in H1FY27 net profit to Rs 42.9 crore, with revenue increasing 32% to Rs 598.5 crore. Q2 profit reached a record Rs 22.8 crore, supported by contract manufacturing and DaaS growth.
Chalet Hotels reports total income from core operations of Rs 511 crore, PAT up 40% to Rs 216 crore
Chalet Hotels reported a 39.7% year-on-year rise in Q2 FY27 net profit to Rs 216.2 crore, despite a 31.7% decline in revenue to Rs 501.9 crore. Excluding income from a residential project recognised last year, revenue grew 11% to Rs 511 crore, while core EBITDA rose 13%, with margins improving.
Rustomjee posts record 1,423 cr pre-sales in Q2, targets Rs 5,000 cr for FY27
Rustomjee Group, noted for its luxury projects, achieved record pre-sales of Rs 1,423 crore in the second quarter. The company's net profit rose to Rs 101 crore compared to Rs 10 crore last year. Additionally, revenue from operations saw a significant increase to Rs 497 crore during the same period. Rustomjee plans to focus on redevelopment and expand throughout the Mumbai Metropolitan Region.
Allcargo Logistics Q2 Results: Co posts Rs 19 crore profit; revenue rises 3.4%
Allcargo Logistics Ltd reported a positive shift in financial performance during the September quarter of FY27, achieving a consolidated profit after tax of Rs 19 crore. This demonstrates a year-on-year growth alongside a 3.4 percent increase in operational revenue. With the festive season on the horizon, the company anticipates further demand, focusing on enhancing capacity utilization and reinstating volume growth in the upcoming months.
India's natural diamond industry eyes revenue stabilisation at $15 billion, not recovery
An analysis indicates India's natural diamond industry's revenues are projected to stabilize rather than rebound. Domestic demand is expected to cushion export weaknesses, particularly from the US and China. Lab-grown diamonds are reshaping the entry-level segment, affecting market dynamics and pricing. While profitability faces pressure, supply discipline is helping maintain stability in credit profiles. Overall, improved inventory and consumption trends could support a more robust industry outlook.
Arisinfra Solutions reports 110% rise in H1 net profit to Rs 42.9 cr
Arisinfra Solutions reported a 110% jump in first-half profit as revenue and operating margins improved. Strong growth in contract manufacturing and its Developer as a Service business helped the company post its highest-ever quarterly profit.
Freshworks crosses $1 billion ARR as enterprise push lifts growth
Revenue for the July-September quarter rose to $245.4 million from $215.1 million a year earlier. Net profit stood at $18.3 million, compared with a loss of $4.7 million in the year-ago period. Its non-GAAP operating margin expanded to 29.8% from 21% a year earlier, while adjusted free cash flow increased 29% to $73.9 million.
AI on the clock as fintechs demand payoff for spends
September-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, lending and insurance. AI is moving beyond chatbots and experiments into decisions affecting the cost of acquiring, serving and retaining customers.
Stand-off over co-pilot rule: Helicopter operators suspend Char Dham services, talks on Nov 4
Earlier in the day, a meeting was held between the representatives of operators, the Directorate General of Civil Aviation (DGCA) and UCADA over the suspension. A senior UCADA official told PTI on condition of anonymity that during the meeting, the government proposed to mandatorily implement the co-pilot rule from next year as part of the annual registration process for charter operators plying on Char Dham routes.
MobiKwik shares zoom 10% as fintech firm posts record Rs 12 crore profit in Q2
MobiKwik returned to profitability in Q2 FY27, reporting a record consolidated net profit of Rs 11.8 crore against a loss of Rs 28.6 crore a year earlier. Profit rose over 55% sequentially from Rs 7.6 crore in Q1 FY27, while revenue from operations increased 9% year-on-year to Rs 1,082.6 crore.
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes bite
ITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette operating profit following tax hikes. Nuvama expects consolidated revenue to fall 3% YoY and EBITDA to decline 20%. Growth in FMCG and paper businesses could provide some support against the pressure.
Uttarakhand helicopter operators suspend Char Dham flights over DGCA's new two-pilot rule
Helicopter operators in Uttarakhand have decided to suspend their Char Dham charter operations from November 2. This action follows a letter sent to the Directorate General of Civil Aviation expressing their concerns. The operators oppose the new regulation that requires all helicopters to have two crew members on board. They argue that the mandate will significantly impact their financial viability and operational efficiency.
Sun Pharma Q2 profit takes a hit on exceptional items
Sun Pharmaceutical has seen a notable 36% drop in net profit, juxtaposed with an 11.8% rise in consolidated revenue. The uplift in revenue can be attributed largely to strong sales growth in India and emerging markets, particularly in domestic formulations. Conversely, US formulation sales faced a significant downturn. The company also marked progress in its integration planning for the acquisition of Organon, following the successful completion of regulatory approvals.
Varun Beverages Q3 net profit rises 13% YoY, but margins fall
Varun Beverages recorded a substantial net profit increase of 13.5% for the quarter ending September 2026. Although there was strong revenue growth attributed to both local and international sales, the company's shares dropped because of shrinking operating margins. Challenges arose from heightened packaging costs and sugar price surges affecting gross margins. Additionally, Varun Beverages solidified its partnership with PepsiCo, extending their licensing agreement through 2049.
What if you had invested $1,000 in Netflix stock 20 years ago? Here’s how much NFLX would be worth today
Netflix stock investment: A $1,000 investment in Netflix (NFLX) stock 20 years ago would be worth about $218,000, according to a Kiplinger analysis. But the gains came with steep sell-offs, rising content costs and growing competition. Here’s what drove Netflix’s long-term returns and what its latest financial results reveal.
Suzlon Energy cuts operating margin guidance to 15%
Suzlon Energy reported a 1.3% year-on-year increase in consolidated net profit to Rs 394 crore for the September quarter of FY27. Net profit in the year-ago quarter stood at Rs 389 crore, excluding a deferred tax benefit of Rs 891 crore that had taken reported profit to Rs 1,279 crore.
Syrma SGS reports best-ever quarter; Q2 revenue up 73% to Rs 1,999.5 crore
Syrma SGS Technology reported an 87.2% increase in consolidated net profit for the quarter ending September 2026. Consolidated revenue increased by 73.2%, reaching a record high of Rs 1,999.5 crore. The company’s exports grew by 91% year-on-year, showcasing strong international demand. Investments are planned in collaboration with Kaga Electronics to enhance the domestic supply ecosystem.
Jio Q2 Preview: First results after listing. What should investors expect?
Jio Platforms will announce its first quarterly results as a listed company on October 30, with brokerages expecting double-digit revenue growth in Q2 FY27. Nomura projects revenue of Rs 40,400 crore and net profit of Rs 7,610 crore, while subscriber additions and ARPU growth will be key metrics for investors.
Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%
Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology boosted revenue by 4.6% YoY to $5.66 billion, meeting its own guidance range of $5.60-$5.68 billion. In constant currency, or excluding the impact of exchange rate fluctuations, revenue rose 4.8% from a year earlier and 3.3% sequentially.
Dropbox announces reduction of global workforce by about 9%
In a significant move, Dropbox Inc will reduce its global workforce by roughly 9%, expecting to incur extra costs of $20 million to $25 million. The cash costs linked to this workforce cut are estimated to be between $27 million and $33 million.
Load More
