Indian equity benchmarks extended their gains on Friday, helping the Nifty 50 post a second consecutive weekly advance after an eight-week losing streak - its longest such run in 25 years. The recovery came against a challenging backdrop of elevated crude oil prices and persistent foreign institutional investor (FII) selling. However, a firmer rupee, support from domestic institutional investors (DIIs) and a strong rebound in IT stocks helped the benchmarks gain ground. The coming week will be crucial in determining whether the market recovery can sustain its momentum. Investors will track the next set of September-quarter (Q2 FY27) earnings, the Jio Platforms initial public offering (IPO), developments in the broader primary market, crude oil prices and key technical levels for the Nifty.
Several major Indian companies are set to announce their Q2 FY27 results this week, with earnings scheduled from October 19-24, 2026. According to reports from ET Now, investors will track earnings announcements from companies including Kotak Mahindra Bank, L&T, Infosys, Coforge and CRISIL, with a focus on revenue growth, profitability and management commentary. The results will provide crucial insights into corporate performance amid ongoing market uncertainty.
L&T Technology Services is scheduled to announce its Q2 FY27 results on October 19. As reported by ET Now, investors will look for signs of a recovery in research and development (R&D) spending, a key growth driver for the engineering services company. In Q1 FY27, the company's revenue rose 1.9% QoQ and 1.2% YoY to ₹2,969 crore, while expenses increased 2.2% QoQ but declined 0.3% YoY to ₹2,493.20 crore. Net profit showed strong growth of 13% YoY to ₹357.10 crore.
Infosys and Coforge are both scheduled to announce their Q2 FY27 results on October 23. According to ET Now, investors will track revenue growth, margins and the company's outlook for client spending amid uncertainty surrounding technology budgets and the impact of artificial intelligence (AI). In Q1 FY27, both companies reported strong revenue growth with Infosys achieving ₹5,554.50 crore, up 24.2% QoQ and 49.8% YoY, while Coforge also posted similar growth figures. However, Infosys experienced a 20.2% QoQ decline in net profit despite strong year-over-year growth of 49.2% YoY to ₹531.70 crore.
Kotak Mahindra Bank is scheduled to announce its Q2 FY27 results on October 24. As reported by ET Now, investors will monitor the bank's income growth, net interest income (NII) and profitability for the quarter. In Q1 FY27, the bank reported standalone net total income of ₹11,266 crore and net interest income of ₹7,928.43 crore, marking a 9% YoY increase. The bank's standalone net profit (PAT) stood at ₹4,123 crore during the previous quarter.
CRISIL is scheduled to announce its Q2 FY27 results on October 23, 2026. According to ET Now, investors will focus on the company's income growth and profitability. In Q1 FY27, CRISIL's consolidated income from operations stood at ₹1,057.7 crore, up 30.1% YoY compared with ₹813.2 crore. Total income increased 29.6% YoY to ₹1,093.7 crore from ₹843.8 crore, while profit before tax (PBT) rose 35.7% YoY to ₹308.4 crore and profit after tax (PAT) increased 45.9% YoY to ₹233.3 crore.
