Reliance Industries – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Revenue | ₹2.55 Lakh Cr | ▲ 10% | ₹2.32 L Cr | ▲ 1% | ₹2.52 L Cr |
| EBITDA | ₹45,885 Cr | ▲ 17% | ₹39,058 Cr | ▲ 2% | ₹45,148 Cr |
| Net Profit | ₹18,165 Cr | ▲ 2% | ₹17,811 Cr | ▼ 33% | ₹26,994 Cr |
| EBITDA Margin | 18.0% | vs 16.9% YoY | vs 17.6% QoQ | ||
Verdict
RIL delivered solid year-on-year growth in revenue and EBITDA with margin expansion, though sequential profit declined due to base effect and higher costs.
Reliance Retail – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Revenue | ₹90,544 Cr | ▲ 19% | ₹76,325 Cr | ▲ 8% | ₹84,172 Cr |
| EBITDA | ₹6,817 Cr | ▲ 16% | ₹5,861 Cr | ▲ 7% | ₹6,381 Cr |
| EBITDA Margin | 7.5% | vs 7.7% YoY | vs 7.6% QoQ | ||
| Store Count | 19,821 | ||||
| Operational Area | 77.8 mn sq ft | ||||
Verdict
Retail maintained strong revenue and EBITDA growth both YoY and QoQ, reflecting resilient demand and continued store expansion, though margins softened slightly.
Reliance Jio – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Revenue | ₹31,857 Cr | ▲ 12% | ₹28,338 Cr | ▲ 3% | ₹30,882 Cr |
| EBITDA | ₹17,874 Cr | ▲ 19% | ₹15,036 Cr | ▲ 3% | ₹17,301 Cr |
| EBITDA Margin | 56.1% | vs 53.0% YoY | vs 56.0% QoQ | ||
| ARPU | ₹211.4 | ▲ 8.3% | ₹195.1 | ▲ 1.2% | ₹208.8 |
| Subscribers | 506.4 mn | ▲ 5.8% | 478.8 mn | ▲ 1.7% | 498.1 mn |
| 5G Users | 234 mn | ||||
Verdict
Jio reported consistent growth in revenue, EBITDA, and ARPU with expanding subscriber base and margin stability, reinforcing its strong telecom leadership.
Capex & Cash Flow
Capex at ₹40,010 Cr, covered by cash profit of ₹40,778 Cr, underscoring strong internal funding and a healthy balance sheet.
Overall Verdict
Reliance Industries posted broad-based YoY growth across core segments—Retail and Jio—with steady margin improvement and strong operating cash flow. Sequential profit softness was mainly due to investment cycle effects, while fundamentals remain robust for H2 FY26.
Dixon Technologies – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | Vs Estimate | Estimate |
|---|---|---|---|---|---|
| Revenue | ₹14,885 Cr | ▲ 29% | ₹11,534 Cr | ▲ 3% | ₹14,434 Cr |
| EBITDA | ₹561.2 Cr | ▲ 31% | ₹426 Cr | ▲ 3% | ₹547 Cr |
| EBITDA Margin | 3.8% | ▲ from 3.7% | 3.7% | In line | 3.8% |
| Net Profit | ₹670 Cr | ▲ 72% | ₹390 Cr | Sharp rise aided by higher other income | |
| Other Income | ₹496 Cr | vs Nil YoY | — | Q2FY25 had ₹210 Cr one-time gain | |
Verdict
Dixon Technologies delivered a solid all-round performance in Q2 FY26, with both revenue and EBITDA exceeding estimates. Margins held steady despite the scale-up in operations, while net profit saw a sharp jump driven by significant other income. Overall, the results indicate robust business momentum and strong execution across verticals.
Havells India – Q2 FY26 Earnings Highlights
| Metric | Actual | YoY Change | YoY Base | Estimate |
|---|---|---|---|---|
| Revenue | ₹4,766 Cr | ▲ 5.2% | ₹4,533 Cr | ₹4,843 Cr |
| EBITDA | ₹441 Cr | ▲ 16.1% | ₹380 Cr | ₹466 Cr |
| EBITDA Margin | 9.2% | ↑ vs 8.4% | 8.4% | 9.5% |
| Net Profit | ₹317 Cr | ▲ 16.5% | ₹272 Cr | ₹308 Cr |
Verdict
Havells delivered healthy year-on-year growth across revenue, EBITDA, and profit, reflecting strong consumer demand and cost efficiency. However, results came slightly below CNBC-TV18 estimates on revenue, EBITDA, and margin, indicating moderate near-term pressure on profitability despite operational improvement.
Hindustan Zinc – Q2 FY26 Earnings Highlights
| Metric | Actual | Estimate | YoY Change | YoY Base |
|---|---|---|---|---|
| Revenue | ₹8,550 Cr | ₹8,255 Cr | ▲ 29% | ₹6,627 Cr |
| EBITDA | ₹4,446 Cr | ₹4,301 Cr | ▲ 32% | ₹3,370 Cr |
| Net Profit | ₹2,649 Cr | ₹2,495 Cr | ▲ 28.3% | ₹2,065 Cr |
| EBITDA Margin | 52% | 52.1% | – | 52% |
Verdict
Hindustan Zinc’s Q2 FY26 results came in ahead of expectations, with strong year-on-year growth in revenue, EBITDA, and profit. Margins remained steady around 52%, reflecting operational efficiency and favorable realizations. The earnings beat underscores the company’s solid cost control and healthy metal prices during the quarter.
AU Small Finance Bank – Q2 FY26 Earnings Highlights
| Metric | Q2 FY26 | Estimate | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|---|
| Net Profit | ₹561 Cr | ₹510 Cr | ▼ 1.8% | ₹571 Cr | – | – |
| Net Interest Income (NII) | ₹2,144 Cr | ₹2,064 Cr | ▲ 8.6% | ₹1,974 Cr | – | – |
| Gross NPA | 2.41% | – | ▲ Improved | 2.47% | ▲ Improved | 2.47% |
| Net NPA | 0.88% | – | – Stable – | 0.88% | – Stable – | 0.88% |
Verdict
AU Small Finance Bank delivered a steady Q2 performance with NII surpassing estimates and maintaining healthy asset quality. However, net profit saw a marginal year-on-year decline, likely due to higher operating costs or provisions. Overall, the bank sustained stable credit metrics and consistent profitability.
JSW Steel – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | Street Estimate |
|---|---|---|---|---|
| Revenue | ₹45,152 Cr | ▲ 11.3% | ₹39,684 Cr | ₹42,442 Cr |
| EBITDA | ₹7,115 Cr | ▲ 31% | ₹5,437 Cr | ₹6,974 Cr |
| EBITDA Margin | 15.8% | 15.35% | ||
| Net Profit | ₹1,646 Cr | ▲ 307% | ₹404 Cr | ₹1,869 Cr |
Operational Update
Refined metal production guidance revised to 1,065–1,085 kt (from 1,090–1,110 kt),
FY26 saleable silver guidance cut to 670–690 mt (from 700–710 mt).
Verdict
JSW Steel reported strong revenue and EBITDA growth, beating street estimates on operating performance, though net profit missed expectations. Margins remained healthy, while slight guidance downgrades for metal and silver output hint at near-term production constraints.
Polycab – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | Vs CNBC-TV18 Poll |
|---|---|---|---|---|
| Net Profit | ₹693 Cr | ▲ 56% | ₹445 Cr | ▲ 6% |
| Revenue | ₹6,477.2 Cr | ▲ 18% | ₹5,498 Cr | ▲ 0% |
| EBITDA | ₹1,020.7 Cr | ▲ 62% | ₹632 Cr | ▲ 12% |
| EBITDA Margin | 15.8% | ▲ 430 bps | 11.5% | ▲ 170 bps |
Verdict
Polycab delivered a strong Q2 FY26 performance with robust year-on-year growth across net profit, revenue, and EBITDA. All key metrics exceeded market estimates, reflecting improved operational efficiency and strong market demand.
Dalmia Bharat – Q2 FY26 Earnings Highlights
| Metric | Value | Vs Estimate | YoY Change | YoY Base |
|---|---|---|---|---|
| Revenue | ₹3,417 Cr | ₹3,465 Cr | ▲ 11.4% | ₹3,087 Cr |
| EBITDA | ₹696 Cr | ₹686 Cr | ▲ 60.4% | ₹434 Cr |
| EBITDA Margin | 20.4% | 19.8% | ▲ 6.4% | 14% |
| Net Profit | ₹239 Cr | ₹230 Cr | ▲ 387% | ₹49 Cr |
Verdict
Dalmia Bharat posted a strong Q2 FY26 with significant year-on-year growth in profitability and margins. While revenue slightly missed estimates, EBITDA and net profit exceeded expectations, reflecting robust operational performance and margin improvement.
REC Ltd – Q2 FY26 Earnings Highlights
Price: ₹375 | M.Cap: ₹98,733 Cr | PE: 5.8
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹15,084 Cr | ▲ 11% | ₹13,571 Cr | ▲ 3% | ₹14,646 Cr |
| EBIDT | ₹14,681 Cr | ▲ 9% | ₹13,528 Cr | ▲ 1% | ₹14,501 Cr |
| Net Profit | ₹4,426 Cr | ▲ 10% | ₹4,005 Cr | ▼ 1% | ₹4,451 Cr |
| EPS | ₹16.81 | ▲ 11% | ₹15.21 | ▼ 1% | ₹16.90 |
Verdict
REC Ltd reported solid year-on-year growth across sales, EBITDA, net profit, and EPS in Q2 FY26. Quarter-on-quarter performance was mostly stable, reflecting consistent operational efficiency despite a marginal dip in net profit and EPS.
CRISIL – Q2 FY26 Earnings Highlights
Price: ₹4,714 | Market Cap: ₹34,494 Cr | PE: 46.0
| Metric | Sep 2025 | Jun 2025 | Sep 2024 | YoY Change | QoQ Change |
|---|---|---|---|---|---|
| Sales | ₹911 Cr | ₹843 Cr | ₹812 Cr | ▲ 12% | ▲ 8% |
| EBIDT | ₹263 Cr | ₹239 Cr | ₹224 Cr | ▲ 18% | ▲ 10% |
| Net Profit | ₹193 Cr | ₹172 Cr | ₹172 Cr | ▲ 13% | ▲ 12% |
| EPS | ₹26.41 | ₹23.46 | ₹23.46 | ▲ 13% | ▲ 13% |
Verdict
CRISIL reported strong Q2 FY26 performance with solid year-on-year growth across sales, EBITDA, net profit, and EPS. Quarter-on-quarter growth also indicates healthy operational momentum and sustained profitability.
Himadri Special – Q2 FY26 Earnings Highlights
Price: ₹456 | Market Cap: ₹22,544 Cr | P/E: 34.4
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,071 Cr | ▼ 6% | ₹1,137 Cr | ▼ 4% | ₹1,118 Cr |
| EBIDT | ₹233 Cr | ▲ 12% | ₹208 Cr | ▼ 5% | ₹245 Cr |
| Net Profit | ₹176 Cr | ▲ 31% | ₹136 Cr | ▼ 2% | ₹179 Cr |
| EPS | ₹3.58 | ▲ 31% | ₹2.74 | ▼ 3% | ₹3.68 |
Verdict
Himadri Special reported strong year-on-year growth in profitability despite a slight decline in sales. EBITDA and net profit margins expanded, reflecting operational efficiency. Quarter-on-quarter numbers show modest moderation, indicating stability in earnings.
India Cements – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | QoQ Change | QoQ Base |
|---|---|---|---|---|
| Sales | ₹1,117 Cr | ▲ 9% | ▲ 9% | ₹1,025 Cr |
| EBIDT | ₹81.1 Cr | ▲ 150% | ▼ 3% | ₹83.2 Cr |
| Net Profit | ₹8.81 Cr | ▲ 112% | ▲ 107% | ₹-133 Cr |
| EPS | ₹0.28 | ▲ 103% | ▲ 107% | ₹-4.29 |
Verdict
India Cements reported a strong turnaround in Q2 FY26, moving from losses in both the previous quarter and last year to posting positive EBITDA and net profit. Sales grew steadily YoY and QoQ, reflecting operational stability, while profitability metrics showed a sharp recovery, signaling improved cost management and margin expansion.
JSW Energy – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹5,177 Cr | ▲ 60% | ₹3,238 Cr | ▲ 1% | ₹5,143 Cr |
| EBIDT | ₹2,996 Cr | ▲ 78% | ₹1,685 Cr | ▲ 7% | ₹2,789 Cr |
| Net Profit | ₹824 Cr | ▼ 6% | ₹877 Cr | ▼ 6% | ₹836 Cr |
| EPS | ₹4.03 | ▼ 17% | ₹4.88 | ▼ 5% | ₹4.25 |
Verdict
JSW Energy posted strong year-on-year growth in sales and EBIDT, reflecting robust operational performance. However, net profit and EPS declined both YoY and slightly QoQ, likely due to higher costs or financial charges, indicating margin pressures despite revenue growth.
JSW Energy – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹5,177 Cr | ▲ 60% | ₹3,238 Cr | ▲ 1% | ₹5,143 Cr |
| EBIDT | ₹2,996 Cr | ▲ 78% | ₹1,685 Cr | ▲ 7% | ₹2,789 Cr |
| Net Profit | ₹824 Cr | ▼ 6% | ₹877 Cr | ▼ 6% | ₹836 Cr |
| EPS | ₹4.03 | ▼ 17% | ₹4.88 | ▼ 5% | ₹4.25 |
Verdict
JSW Energy posted strong year-on-year growth in sales and EBIDT, reflecting robust operational performance. However, net profit and EPS declined both YoY and slightly QoQ, likely due to higher costs or financial charges, indicating margin pressures despite revenue growth.
Tanla Platforms – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,078 Cr | ▲ 8% | ₹1,001 Cr | ▲ 4% | ₹1,041 Cr |
| EBIDT | ₹177 Cr | ▲ 1% | ₹175 Cr | ▲ 8% | ₹164 Cr |
| Net Profit | ₹125 Cr | ▼ 4% | ₹130 Cr | ▲ 6% | ₹118 Cr |
| EPS | ₹9.43 | ▼ 3% | ₹9.68 | ▲ 7% | ₹8.80 |
Verdict
Tanla Platforms posted moderate year-on-year growth in sales and marginal improvement in EBITDA, while net profit and EPS declined slightly compared to last year. On a quarter-on-quarter basis, all metrics showed healthy improvement, reflecting operational stability and steady revenue traction in Q2 FY26.
Tejas Networks – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹262 Cr | ▼ 91% | ₹2,811 Cr | ▲ 30% | ₹202 Cr |
| EBIDT | ₹-294 Cr | ▼ 155% | ₹535 Cr | ▼ 116% | ₹-136 Cr |
| Net Profit | ₹-307 Cr | ▼ 212% | ₹275 Cr | ▼ 58% | ₹-194 Cr |
| EPS | ₹-17.37 | ▼ 208% | ₹16.07 | ▼ 58% | ₹-10.98 |
Verdict
Tejas Networks reported a sharp decline in Q2 FY26 across all key metrics. Sales fell significantly YoY but showed a moderate QoQ recovery. EBIDT and net profit remained deeply negative, reflecting operational and margin pressures. EPS mirrored these losses, highlighting the challenging quarter for the company.
Shilchar Tech – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹171 Cr | ▲ 31% | ₹131 Cr | ▲ 8% | ₹159 Cr |
| EBITDA | ₹53.6 Cr | ▲ 31% | ₹40.9 Cr | ▲ 2% | ₹52.4 Cr |
| Net Profit | ₹45.9 Cr | ▲ 40% | ₹32.7 Cr | ▲ 11% | ₹41.5 Cr |
| EPS | ₹40.16 | ▲ 40% | ₹28.71 | ▲ 11% | ₹36.27 |
Verdict
Shilchar Tech delivered strong Q2 FY26 performance with robust year-on-year growth across all key metrics. The quarter also showed healthy quarter-on-quarter improvement, reflecting consistent operational efficiency and profitability momentum.
Orient Electric – Q2 FY26 Earnings Highlights
Price: ₹206 | Market Cap: ₹4,401 Cr | PE: 50.0
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹703 Cr | ▲ 6% | ₹660 Cr | ▼ 9% | ₹769 Cr |
| EBIDT | ₹37.9 Cr | ▲ 6% | ₹35.6 Cr | ▼ 18% | ₹46.1 Cr |
| Net Profit | ₹12.1 Cr | ▲ 16% | ₹10.4 Cr | ▼ 31% | ₹17.5 Cr |
| EPS | ₹0.57 | ▲ 16% | ₹0.49 | ▼ 30% | ₹0.82 |
Verdict
Orient Electric reported steady year-on-year growth in sales, EBITDA, and profitability in Q2 FY26, reflecting resilient operational performance. The quarter saw a sequential decline in revenue and earnings, largely due to seasonal factors and softening demand compared to Q1.
CEAT – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹3,773 Cr | ▲ 14% | ₹3,305 Cr | ▲ 7% | ₹3,529 Cr |
| EBIDT | ₹503 Cr | ▲ 39% | ₹362 Cr | ▲ 30% | ₹388 Cr |
| Net Profit | ₹186 Cr | ▲ 53% | ₹121 Cr | ▲ 66% | ₹112 Cr |
| EPS | ₹45.97 | ▲ 53% | ₹30.13 | ▲ 65% | ₹27.80 |
Verdict
CEAT delivered strong Q2 FY26 results with robust year-on-year growth across sales, EBIDT, net profit, and EPS. The quarter also showed healthy quarter-on-quarter improvements, reflecting operational efficiency and improved profitability.
Sobha Ltd – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,408 Cr | ▲ 51% | ₹934 Cr | ▲ 65% | ₹852 Cr |
| EBIDT | ₹95.6 Cr | ▲ 24% | ₹77.1 Cr | ▲ 302% | ₹23.8 Cr |
| Net Profit | ₹72.5 Cr | ▲ 178% | ₹26.1 Cr | ▲ 433% | ₹13.6 Cr |
| EPS | ₹6.78 | ▲ 178% | ₹2.44 | ▲ 434% | ₹1.27 |
Verdict
Sobha reported a stellar quarter with strong year-on-year growth in all key metrics. Net profit
PVR Inox – Q2 FY26 Earnings Highlights
Price: ₹1,093 | Market Cap: ₹10,744 Cr
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,823 Cr | ▲ 12% | ₹1,622 Cr | ▲ 24% | ₹1,469 Cr |
| EBIDT | ₹612 Cr | ▲ 28% | ₹479 Cr | ▲ 54% | ₹397 Cr |
| Net Profit | ₹106 Cr | ▲ 996% | ₹-12.1 Cr | Turnaround from ₹-54.5 Cr | ₹-54.5 Cr |
| EPS | ₹10.76 | ▲ 997% | ₹-1.20 | ▲ from ₹-5.50 | ₹-5.50 |
Verdict
PVR Inox delivered a strong turnaround in Q2 FY26, with robust year-on-year growth across sales, EBIDT, net profit, and EPS. The company also achieved significant quarter-on-quarter improvements, reflecting strong recovery in cinema operations and better cost management.
Jindal Saw – Q2 FY26 Earnings Highlights
Price: ₹191 | M.Cap: ₹12,190 Cr | PE: 8.9
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹4,234 Cr | ▼ 24% | ₹5,572 Cr | ▲ 4% | ₹4,085 Cr |
| EBIDT | ₹451 Cr | ▼ 51% | ₹914 Cr | ▼ 33% | ₹670 Cr |
| Net Profit | ₹139 Cr | ▼ 70% | ₹475 Cr | ▼ 67% | ₹415 Cr |
| EPS | ₹2.38 | ▼ 70% | ₹7.81 | ▼ 64% | ₹6.63 |
Verdict
Jindal Saw reported a sharp decline in profitability in Q2 FY26, with both sales and earnings contracting significantly on a year-on-year basis. Quarter-on-quarter performance also weakened, reflecting continued margin pressures and lower operational efficiency.
PCBL Chemical – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹2,164 Cr | ▲ 0% | ₹2,163 Cr | ▲ 2% | ₹2,114 Cr |
| EBITDA | ₹266 Cr | ▼ 27% | ₹364 Cr | ▼ 17% | ₹319 Cr |
| Net Profit | ₹61.7 Cr | ▼ 50% | ₹123 Cr | ▼ 34% | ₹94.1 Cr |
| EPS | ₹1.63 | ▼ 50% | ₹3.27 | ▼ 35% | ₹2.49 |
Verdict
PCBL Chemical reported stable sales for Q2 FY26, but profitability declined significantly both YoY and QoQ, reflecting margin pressures and higher costs. EPS contraction mirrors the sharp fall in net profit, highlighting a challenging quarter for the company.
Atul – Q2 FY26 Earnings Highlights
Price: ₹5,952 | Market Cap: ₹17,498 Cr | PE: 32.3
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,552 Cr | ▲ 11% | ₹1,393 Cr | ▲ 5% | ₹1,478 Cr |
| EBIDT | ₹267 Cr | ▲ 10% | ₹243 Cr | ▲ 13% | ₹236 Cr |
| Net Profit | ₹182 Cr | ▲ 31% | ₹140 Cr | ▲ 38% | ₹132 Cr |
| EPS | ₹60.88 | ▲ 31% | ₹46.47 | ▲ 40% | ₹43.40 |
Verdict
Atul delivered a strong quarter with healthy year-on-year growth across sales, EBIDT, net profit, and EPS. The impressive quarter-on-quarter jump in profitability highlights operational efficiency and robust demand, reinforcing the company’s growth trajectory.
Pondy Oxides – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹635 Cr | ▲ 11% | ₹572 Cr | ▲ 7% | ₹596 Cr |
| EBIDT | ₹53.5 Cr | ▲ 85% | ₹29.0 Cr | ▲ 30% | ₹41.3 Cr |
| Net Profit | ₹35.6 Cr | ▲ 105% | ₹17.4 Cr | ▲ 29% | ₹27.6 Cr |
| EPS | ₹11.83 | ▲ 78% | ₹6.66 | ▲ 29% | ₹9.16 |
Verdict
Pondy Oxides reported a strong quarter with robust year-on-year growth across all key metrics. The impressive EBITDA and net profit growth indicate improved operational efficiency, while the quarter-on-quarter gains show consistent momentum heading into the next period.
Acutaas Chemical – Q2 FY26 Earnings Highlights
Price: ₹1,650 | Market Cap: ₹13,519 Cr | PE: 60.4
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹306 Cr | ▲ 24% | ₹247 Cr | ▲ 48% | ₹207 Cr |
| EBIDT | ₹95.3 Cr | ▲ 95% | ₹48.9 Cr | ▲ 87% | ₹50.9 Cr |
| Net Profit | ₹71.9 Cr | ▲ 91% | ₹37.6 Cr | ▲ 63% | ₹44.0 Cr |
| EPS | ₹8.82 | ▲ 93% | ₹4.56 | ▲ 63% | ₹5.41 |
Verdict
Acutaas Chemical posted a stellar quarter with robust growth across all key metrics. Strong YoY and QoQ performance highlights operational efficiency and improved margins, signaling sustained momentum in Q2 FY26.
Sterling & Wilson – Q2 FY26 Earnings Highlights
Price: ₹226 | Market Cap: ₹5,287 Cr | PE: 26.0
| Metric | Value | QoQ Change | QoQ Base | YoY Change | YoY Base |
|---|---|---|---|---|---|
| Sales | ₹1,749 Cr | ▼ 1% | ₹1,762 Cr | ▲ 70% | ₹1,030 Cr |
| EBITDA | ₹3.92 Cr | ▼ 95% | ₹85.5 Cr | ▼ 78% | ₹18.2 Cr |
| Net Profit | ₹-478 Cr | ▼ large | ₹38.7 Cr | ▲ 1340% | ₹8.57 Cr |
| EPS | ₹-20.27 | ▼ large | ₹1.37 | ▼ 6857% | ₹0.30 |
Verdict
Sterling & Wilson reported a sharp decline in EBITDA and net profitability this quarter, leading to a substantial negative EPS despite strong year-on-year sales growth. The numbers reflect operational stress and exceptional losses impacting the quarterly performance, signaling a challenging environment in Q2 FY26.
Sunteck Realty – Q2 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹252 Cr | ▲ 49% | ₹169 Cr | ▲ 34% | ₹188 Cr |
| EBIDT | ₹77.8 Cr | ▲ 109% | ₹37.3 Cr | ▲ 63% | ₹47.7 Cr |
| Net Profit | ₹49.0 Cr | ▲ 41% | ₹34.6 Cr | ▲ 47% | ₹33.4 Cr |
| EPS | ₹3.34 | ▲ 42% | ₹2.36 | ▲ 46% | ₹2.28 |
Verdict
Sunteck Realty delivered a strong Q2 FY26 performance with robust year-on-year growth across sales, EBITDA, net profit, and EPS. The quarter also showed impressive quarter-on-quarter improvement, reflecting healthy operational momentum and effective cost management.
