Indian equity markets extended their winning streak to six consecutive sessions on Thursday, with the Sensex closing 2,008.61 points higher at 79,310.01 and the Nifty ending 576 points up at 24,536.60. According to reports from The Financial Express, several major companies are set to be in focus on Friday, November 6, following their September-quarter results. Bharti Airtel, Titan Company, LIC, ONGC, Britannia Industries, and Glenmark Pharmaceuticals will be under scrutiny as they report their Q2 FY27 financial performance. The earnings calendar has expanded to include Mahindra & Mahindra (M&M), Bharat Forge, Samvardhana Motherson International, and LG Electronics India among other prominent companies across banking, automobiles, telecommunications, pharmaceuticals, and consumer goods sectors.
Bharti Airtel delivered impressive Q2 FY27 results with net profit rising 31% year-on-year to ₹8,888 crore compared to ₹6,792 crore in the corresponding period last year. As reported by The Financial Express, the telecom major's growth was primarily driven by strong momentum in its India and Africa business segments. The company's revenue from operations increased 17% YoY to ₹60,878 crore versus ₹52,145 crore in Q2 FY26, while sequential growth was 4% from ₹58,539 crore in the previous quarter. EBITDA expanded 18% YoY to ₹35,240 crore from ₹33,599 crore, with sequential growth of around 5% from ₹29,919 crore in Q1 FY27.
Titan Company demonstrated exceptional performance with Q2 FY27 net profit jumping more than twofold to ₹2,393 crore from ₹1,120 crore reported in the year-ago period. According to The Financial Express, the company's revenue from sales increased over 23% year-on-year to ₹20,337 crore compared to ₹16,461 crore in Q2 FY26, reflecting strong operational momentum across its business segments.
Life Insurance Corporation reported net profit growth of 20% YoY to ₹12,115 crore for the September quarter, while net premium income rose 16.2% to ₹1.47 lakh crore from ₹1.27 lakh crore in the year-ago quarter. As reported by The Financial Express, Oil and Natural Gas Corporation delivered strong results with net profit increasing 57% YoY to ₹15,488.64 crore and revenue from operations rising 33% to ₹43,875.15 crore from ₹33,030.56 crore in the corresponding period last year.
Britannia Industries reported net profit growth of 10% YoY to ₹721 crore with revenue rising 15.6% to ₹5,598 crore, though EBITDA margin contracted to 18.3% from 19.7% a year ago. According to The Financial Express, Glenmark Pharmaceuticals faced challenges with net profit falling 57% YoY to ₹263 crore and revenue declining nearly 30% to ₹4,247 crore. The pharmaceutical company's EBITDA fell 63.4% YoY to ₹863 crore with EBITDA margin contracting to 20.3% from 39% a year ago, indicating significant operational pressures in the sector.
