Adani Enterprises, Adani Ports and Special Economic Zone, KPIT Technologies, Asian Paints, JK Lakshmi Cement, Eicher Motors, Waaree Energies, Dabur India, and Bajaj Housing Finance are scheduled to announce their earnings report for the first quarter (Q1FY27) today. According to reports from Business Standard, some other firms that will announce their results today include ACME Solar Holdings, Adf Foods, Aequs, Apcotex Industries, Black Buck, CarTrade Tech, Chalet Hotels, Colgate Palmolive (India), Force Motors, HeidelbergCement India, Piramal Pharma, Prestige Estates Projects, Quess Corp, and Star Health and Allied Insurance Company. The comprehensive list spans multiple sectors including cement, automotive, technology, and financial services.
Eicher Motors delivered the day's clearest beat, reporting consolidated profit of ₹1,462.5 crore, up 22% year-on-year and comfortably ahead of the ₹1,390 crore Street expected. As reported by CNBC TV18, revenue rose 32% to ₹6,632.4 crore against a poll of ₹6,402 crore, while EBITDA climbed 32%. The company's board also approved a fresh ₹1,225 crore investment towards a greenfield expansion in Andhra Pradesh, signalling confidence that the growth story has further to run. EBITDA margins remained strong despite the significant revenue growth, demonstrating effective operational leverage.
Colgate-Palmolive's toothpaste business saw high single-digit volume growth, pushing revenue up 12% to ₹1,603 crore, ahead of the ₹1,577 crore the Street expected, while profit rose 7% to ₹343 crore, just shy of the ₹345 crore poll estimate. However, margins slipped as the company stepped up spending on advertising and category premiumisation. According to CNBC TV18, Prabha Narasimhan, MD and CEO, explained that "We leveraged these strong margins to increase our focused investments in brand building and category premiumisation throughout the quarter," adding that continued investment in advertising would support growth going forward.
Asian Paints shares jumped as much as 5% after its decorative business posted 9% volume growth, right at the midpoint of the Street's 8% to 10% expectation, while revenue of ₹10,542 crore beat estimates, rising 18% year-on-year. As reported by CNBC TV18, industrial coatings maintained their mid-teen growth trajectory, while the international business expanded 27% in rupee terms. KPIT Technologies saw an even sharper market reaction, with the stock climbing 10% despite constant currency revenue falling 4% sequentially, as the company comfortably cleared management's warning of a possible 1% annual decline. Adani Ports held steady, reporting revenue rising 19% to ₹10,821 crore and profit increasing 9% to ₹3,620 crore, standing by its full-year EBITDA guidance of ₹25,000–26,000 crore.
Adani Enterprises slipped into a net loss of ₹1,160 crore after taking a one-off charge of ₹2,644 crore related to a settlement with the US Office of Foreign Assets Control (OFAC). However, strip out that exceptional hit and the operating picture looked considerably healthier, with revenue rising 50% and EBITDA growing 17.5%. J&K Bank had the sharpest stock fall among lenders, tumbling more than 13% after profit fell 13% on higher funding costs and margin pressure, even as the bank crossed the ₹3 lakh crore mark in total business for the first time. Vedanta's businesses moved in three different directions, with Iron & Steel swinging back to profit with ₹121 crore and Oil & Gas returning to black with ₹945 crore profit, while Power slipped to a net loss of ₹423 crore.
