Around 212 companies are set to release their latest Q2 FY27 results on Thursday, October 30, marking one of the most comprehensive earnings announcements of the season. According to latest reports, the extensive list includes major players such as Coal India, Asian Paints, InterGlobe Aviation (IndiGo), Trent, Laurus Labs, Ambuja Cements, Godrej Consumer Products, Welspun Corp, and Apar Industries. Additional companies scheduled to announce results include Motilal Oswal Financial Services, Suzlon Energy, Blue Star, Milky Mist Dairy Food, Firstsource Solutions, Pine Labs, Deepak Nitrite, MTAR Technologies, Vedanta Power, Vedanta Oil & Gas, Paras Defence and Space Technologies, and Thyrocare Technologies. Real estate player Brigade Enterprises, third-party logistics service provider Shadowfax Technologies, and diagnostic chain Thyrocare Technologies are among others declaring results on October 30.
Five companies are expected to draw significant market attention as earnings season continues with Q2 FY27 results. According to reports from The Financial Express, JSW Energy delivered exceptional performance with net profit climbing nearly 50% to ₹1,056.4 crore compared to the same period last year, beating the CNBC-TV18 poll estimate of ₹689 crore. The company's revenue from operations grew 23% to ₹6,368.5 crore, exceeding the poll estimate of ₹5,630 crore, while EBITDA increased about 21% to ₹3,617.6 crore, surpassing the estimate of ₹3,168 crore. TVS Motor Company also showed robust growth with consolidated net profit jumping 52% to ₹1,377 crore from ₹904 crore year-on-year, while revenue rose nearly 44% to ₹17,103 crore.
Jio Platforms made its stock market debut on Wednesday and delivered exceptional listing performance, closing with 27% gains after its $3.2 billion IPO. The company listed at ₹1,358 on both NSE and BSE, representing a 21.36% premium above the issue price of ₹1,119. According to latest reports, the stock then rose over 4% to close at ₹1,417.50 on NSE and ₹1,417.35 on BSE. The IPO received 22.19 times overall subscription, with total demand across public issue and anchor placement exceeding ₹7.4 lakh crore. At the issue price, the company is valued at approximately ₹10.3 lakh crore, with proceeds primarily used to repay up to ₹27,500 crore of borrowings at Reliance Jio Infocomm.
Vedanta reported exceptional quarterly results with consolidated net profit rising 78% to ₹6,202 crore from ₹3,479 crore year-on-year, while revenue jumped 57.5% to ₹26,356 crore. According to The Financial Express, Vedanta Aluminium also delivered strong performance with net profit more than doubling to ₹5,167 crore from ₹2,373 crore, and revenue growing 40% to ₹22,324 crore. Bandhan Bank showed remarkable growth with profit increasing more than five times to ₹622 crore compared to ₹112 crore last year, while net interest income grew 14% to ₹2,960 crore. TVS Holdings also contributed to the strong performance with a 43.3% increase in net profit to ₹635 crore for the September quarter, compared with ₹443 crore in the year-ago period, while revenue rose 38.7% to ₹20,183 crore.
On Wednesday, Hyundai Motor India posted mixed results with a 24% fall in standalone profit after tax to ₹1,189 crore in Q2 FY27, compared to ₹1,570 crore a year back. However, the company's total revenue from operations grew 18% to ₹20,191 crore in the quarter under review versus ₹17,061 crore in the corresponding period of the previous fiscal year. The September quarter earnings season continues with multiple companies scheduled to announce results on October 30, as reported by The Financial Express. Companies including IndiGo, Ambuja Cements, Asian Paints, Coal India, Trent, Godrej Consumer Products and Suzlon are among those likely to be in focus, with the extensive list covering various sectors from automotive to pharmaceuticals.
