Archive · 28 Oct 2025
Companies Announce Mixed Q2 FY26 Earnings
Many companies in India shared how much money they made in the last three months, from July to September 2025.
Some companies, like TVS Motor and Shree Cement, did really well, making more money than last year.
TVS Motor, which makes vehicles, saw its sales go up a lot.
Shree Cement, a building materials company, also saw its profits increase significantly.
However, other companies had mixed results.
Jindal Steel and Coal India had profits that were a bit lower than the year before.
L&T, a big engineering company, also saw its profit-making ability, measured by EBITDA margin, go down.
These reports help investors understand how these companies are doing financially.
Numerous Indian companies, including TVS Motor, Jindal Steel, and Shree Cement, released their Q2 FY26 earnings on October 28-29, 2025.
TVS Motor reported a significant year-on-year increase in revenue and profit for Q2 FY26.
Shree Cement saw a substantial rise in its Q2 FY26 net profit compared to the previous year.
Jindal Steel and Coal India experienced slight year-on-year decreases in net profit for the quarter.
Companies like L&T reported lower EBITDA margins in Q2 FY26 compared to the same period last year.
- Who
- Multiple Indian companies including TVS Motor, Jindal Steel, Shree Cement, Coal India, L&T, BHEL, CG Power, and Apollo Pipes.
- What
- Announced their financial results for the second quarter of Fiscal Year 2026 (Q2 FY26), with varying performances across revenue, EBITDA, and net profit.
- When
- October 28-29, 2025
- Where
- India
- Why
- Regular quarterly financial reporting to shareholders and the market.
Analysts' Expectations
Reported Financials
Net Profit
Analysts' Expectations
Analysts expected a higher net profit for Jindal Steel (₹779 crore vs ₹860 crore) and Coal India (₹6196 crore vs ₹6289 crore).
Reported Financials
Reported net profits for Jindal Steel were ₹779 crore and for Coal India were ₹6196 crore, slightly below previous year figures in some cases.
EBITDA Margins
Analysts' Expectations
EBITDA margins were expected to decrease for Jindal Steel (16.8% vs 19.6%) and Coal India (27.9% vs 28.1%).
Reported Financials
Reported EBITDA margins for Jindal Steel were 16.8% and for Coal India were 27.9%, showing a slight decrease compared to the previous year.
- Q2 FY26 Earnings Date
- October 28-29, 2025
- Companies Reporting
- TVS Motor, Jindal Steel, Shree Cement, Coal India, L&T, BHEL, CG Power, Apollo Pipes, etc.
- TVS Motor Q2 Revenue
- ₹11,487 crore (YoY increase)
- Shree Cement Q2 Net Profit
- ₹313 crore (YoY increase)
- Coal India Q2 Net Profit
- ₹6,196 crore (Slight YoY decrease)
- L&T Q2 EBITDA Margin
- 9.93% (YoY decrease)
- BHEL Q2 Net Profit
- ₹287 crore (YoY increase)
Sources
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