HCL Technologies delivered exceptional Q2 results with profit surging 21.18% to ₹5,132 crore compared to ₹4,235 crore in the previous year, while revenue grew 11.5% to ₹35,620 crore versus ₹31,942 crore. The company's EBIT jumped 16.5% to ₹6,465 crore and EBIT margin expanded 80 basis points to 18.2%, with dollar revenue rising 2.19% to $3,724 million. The board recommended an interim dividend of ₹12 per share for FY26-27. RBL Bank showed remarkable growth with profit surging 170% to ₹482 crore versus ₹179 crore year-on-year, while net interest income spiked 37% to ₹2,131 crore and operating profit grew 92% to ₹1,396 crore. The bank's gross NPA fell 28 basis points to 1.02% and net NPA declined 8 basis points to 0.29% quarter-on-quarter.
The corporate earnings season for Q2 FY27 continues today, October 15, 2026, with nearly 50 companies scheduled to announce their July-September quarter earnings. Prominent companies include Nestle India, Wipro, Tech Mahindra, Jio Financial Services, HDFC Life Insurance Company, HDFC Asset Management Company, Persistent Systems, Polycab India, Indian Bank, L&T Finance, Tata Communications, 360 ONE WAM, Karur Vysya Bank, Angel One, Metro Brands, Uco Bank, Oriental Hotels, Sterling and Wilson Renewable Energy, and others. This comprehensive list spans across various sectors including technology, financial services, and industrial manufacturing, providing investors with diverse earnings data to analyze. The earnings announcements will provide insights into revenue growth, profitability, operating margins and business performance during the July-September quarter. Several major companies including TCS, HCLTech, Tata Elxsi and ICICI Prudential Life Insurance have already announced their Q2 FY27 financial results.
ICICI Prudential Asset Management Company reported Q2 net profit of ₹889 crore, up 6.1% year-on-year compared to ₹838 crore in the corresponding quarter of the previous financial year. The company's board approved an interim dividend of ₹30 per share with October 21 fixed as the record date to determine eligible shareholders. Plastiblends India showed strong performance with profit jumping 43.3% to ₹10.65 crore and revenue soaring 18.8% to ₹228.8 crore. Multiple companies announced significant developments, including Goodluck India's subsidiary securing a ₹862.5 crore EPC order from East Central Railway and Ircon International's subsidiary entering a ₹2,941.19 crore rupee term loan facility agreement with IREDA for a 969 MW solar project.
Goodluck India announced the appointment of Umang Vohra as Chairman and Group CEO by the Ministry of Corporate Affairs. The company's subsidiary Goodluck Defence & Aerospace emerged as the technically qualified bidder for supplying 155 mm HE M1A4 artillery shells to Munitions India. Polycab India faces exclusion from NSE's equity derivatives segment after being shortlisted under the Insolvency and Bankruptcy Code framework, with no F&O contracts available from December 30, 2026 onwards. Axis Mutual Fund successfully closed its qualified institutions placement issue on October 12, raising ₹600 crore through allotment of 77.41 lakh shares at ₹775 per share.
Major bulk deals included Qualcomm Asia Pacific selling 57.13 lakh shares of Shadowfax Technologies for ₹157.28 crore at an average price of ₹275.30 per share, representing a 0.98% stake. Dalmia Bharat Refractories acquired 36.64 lakh shares of Religare Enterprises for ₹79.15 crore at ₹216 per share. The National Stock Exchange decided to exclude Polycab India from F&O trading after shortlisting the company under IBC framework, with no new F&O contracts available from December 30, 2026. Multiple companies announced quarterly earnings announcements for October 15, including ICICI Lombard General Insurance, HDB Financial Services, and Tata Technologies. Investors will closely monitor dividend announcements, bonus issues, stock splits, and management commentary on demand trends and business outlook.
