Monday's earnings results presented a varied picture across sectors, with Bharat Forge, Vodafone Idea, and Hindustan Copper leading the day's corporate scorecard. According to reports from CNBC TV18, the quarter brought mixed results spanning forgings, telecom, recruitment, copper and metals sectors. Vodafone Idea returned to a loss after an exceptional gain had boosted the previous quarter, while Lloyds Metals more than tripled its profit and Info Edge delivered a strong quarter.
Bharat Forge's June-quarter margins slipped to 24.9% from 27.1% a year ago, largely attributed to a 160-basis-point rise in energy costs. As reported by CNBC TV18, Chairman and Managing Director Baba Kalyani expects to recover these costs from customers and sees margins returning to 27-28% as early as the September quarter. The company has also approved a fund raise of up to ₹2,500 crore, with the structure yet to be finalised. Kalyani expects the standalone business to grow 20-25% through FY27, backed by investments across aerospace, defence, semiconductors and data centres.
Vodafone Idea reported a ₹3,754 crore loss in Q1 FY27, reversing the ₹51,970 crore profit in the previous quarter, which was boosted by a large exceptional gain. According to CNBC TV18, the underlying picture showed steadier performance with revenue, EBITDA and ARPU all improving sequentially. ARPU rose to ₹195 as the telco continued its 5G rollout, indicating operational improvements despite the quarterly loss.
Hindustan Copper delivered a strong quarter with profit more than doubling to ₹353 crore and revenue jumping over 81%, helped by higher global copper prices. As reported by CNBC TV18, the stock could not hold its early gains and ended lower despite the strong financial performance. Lloyds Metals & Energy delivered the sharpest numbers of the day, with profit nearly tripling to ₹1,726 crore and revenue more than tripling, while margin expanded to 37.82% from 33.80% a year earlier.
Several companies provided forward guidance and operational updates beyond their quarterly results. Quality Power remains comfortable with its 20% margin guidance with performance expected to improve from the second half, while Godrej Consumer expects the September quarter to look much like June. According to CNBC TV18, Oil India's Chairman expects the company to hit its 4 million-tonne crude oil production target for FY27 after output rose more than 11% in the past quarter. BEML's management expects around 30% revenue growth this year, targeting close to ₹20,000 crore in order inflows.
