Archive · 10 Nov 2025
Indian Companies Report Mixed Q2 FY26 Earnings
On November 10, 2025, many Indian companies shared their financial results for the second quarter of the fiscal year.
Some companies like Bajaj Finance and HUDCO showed growth in their earnings and profits compared to previous periods.
Jindal Stainless also reported an increase in revenue and profit.
However, other companies faced challenges.
Emami Ltd and Gujarat Gas saw their revenues and profits decline.
ONGC's revenue and profits decreased compared to the last quarter, though their profit margin improved.
KPIT Technologies earned more from sales, but their net profit was lower than the previous year.
The results paint a mixed picture of the Indian corporate sector's performance.
Numerous Indian companies released their Q2 FY26 earnings reports on November 10, 2025.
Bajaj Finance is expected to report increased Net Interest Income, EBIT, EBIT margin, and Net Profit quarter-on-quarter.
HUDCO and Jindal Stainless reported year-on-year growth in key financial metrics like revenue, profit, and EBITDA.
KPIT Technologies saw a year-on-year increase in revenue and EBITDA but a decrease in net profit.
Several companies, including Emami Ltd, Gujarat Gas Ltd, and ONGC, reported or were expected to report decreases in revenue, profits, or margins.
- Who
- Numerous Indian companies including Bajaj Finance, ONGC, Solar Industries, Jindal Stainless, Safari Industries, HUDCO, G R Infraprojects, KPIT Technologies, Ather Energy, KEC International, DOMS, Cello World, Syrma SGS Tech, WeWork, Emami Ltd, Gujarat Gas Ltd, and Idea.
- What
- Release of financial earnings reports for the second quarter of the fiscal year 2026 (Q2 FY26).
- When
- November 10, 2025
- Where
- India
- Why
- Companies are reporting their financial performance for the July-September quarter as per standard financial reporting cycles.
Positive Financial Performance
Mixed or Negative Financial Performance
Bajaj Finance
Positive Financial Performance
Expected quarter-on-quarter increase in Net Interest Income (NII), EBIT, EBIT margin, and Net Profit.
Mixed or Negative Financial Performance
None
HUDCO
Positive Financial Performance
Expected year-on-year increases in NII, EBIT, and Net Profit, with a slight decrease in EBIT margin.
Mixed or Negative Financial Performance
None
Jindal Stainless (JSL)
Positive Financial Performance
Expected year-on-year increases in Revenue, EBITDA, and Net Profit, with a stable EBITDA margin.
Mixed or Negative Financial Performance
None
KPIT Technologies
Positive Financial Performance
Expected year-on-year increases in Revenue, EBITDA, and EBITDA margin.
Mixed or Negative Financial Performance
Expected year-on-year decrease in Net Profit.
Emami Ltd
Positive Financial Performance
None
Mixed or Negative Financial Performance
Expected year-on-year decrease in Revenue, EBITDA, EBITDA margin, and Net Profit.
Gujarat Gas Ltd
Positive Financial Performance
None
Mixed or Negative Financial Performance
Expected quarter-on-quarter decrease in Revenue, EBITDA, EBITDA margin, and Net Profit.
Idea
Positive Financial Performance
Expected year-on-year increase in Revenue.
Mixed or Negative Financial Performance
Expected year-on-year decrease in EBITDA and EBITDA margin, leading to a reduced Net Loss.
ONGC
Positive Financial Performance
Expected quarter-on-quarter improvement in EBITDA margin.
Mixed or Negative Financial Performance
Expected quarter-on-quarter decrease in Revenue, EBITDA, and Net Profit.
- Date of Earnings Release
- November 10, 2025
- Bajaj Finance Q2 FY26 (QoQ)
- NII: Rs 10,739 cr; EBIT: Rs 8,496 cr; EBIT Margin: 64.73%; Net Profit: Rs 4,714 cr
- HUDCO Q2 FY26 (YoY)
- NII: Rs 1,078 cr; EBIT: Rs 991 cr; EBIT Margin: 84.37%; Net Profit: Rs 768 cr
- Jindal Stainless (JSL) Q2 FY26 (YoY)
- Revenue: Rs 10,634 cr; EBITDA: Rs 1,281 cr; EBITDA Margin: 12.05%; Net Profit: Rs 745 cr
- KPIT Tech Q2 FY26 (YoY)
- Revenue: Rs 1,573 cr; EBITDA: Rs 331 cr; EBITDA Margin: 21.04%; Net Profit: Rs 191 cr
- Emami Ltd Q2 FY26 (YoY)
- Revenue: Rs 824 cr; EBITDA: Rs 202 cr; EBITDA Margin: 24.58%; Net Profit: Rs 168 cr
- Gujarat Gas Ltd Q2 FY26 (QoQ)
- Revenue: Rs 3,865 cr; EBITDA: Rs 471 cr; EBITDA Margin: 12.19%; Net Profit: Rs 285 cr
- Idea Q2 FY26 (YoY)
- Revenue: Rs 11,100 cr; EBITDA: Rs 4,197 cr; EBITDA Margin: 37.82%; Net Loss: Rs 6,622 cr
- ONGC Q2 FY26 (QoQ)
- Revenue: Rs 103,010 cr; EBITDA: Rs 22,517 cr; EBITDA Margin: 21.86%; Net Profit: Rs 9,190 cr
Sources
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