Q1 Earnings Snapshot 2026 – Winners, Surprises & Misses Revealed!

Shriram Finance Limited – Q1FY27 Results Snapshot

Jindal Steel – Q1FY27 Results

CMP: ₹1,036 | M.Cap: ₹1,05,661 Cr | P/E: 34.2

Bank of Baroda Q1 FY27 Results – Earnings Snapshot

Tata Consumer Products Ltd. – Q1 FY27 Results Snapshot

CG Power & Industrial Solutions Ltd. – Q1 FY27 Results Snapshot

CMP: ₹868 | M.Cap: ₹1,36,664 Cr | P/E: 107.4

Hindustan Zinc Ltd. – Q1 FY27 Results Snapshot

CMP (₹) 532 | M.Cap: ₹2,24,766 Cr | P/E: 13.3

NTPC – Q1FY27 Results

Price: ₹347 | M.Cap: ₹3,36,668 Cr | PE: 12.1

Verdict

Neogen Chemicals – Q1FY27 Results

Price: ₹2,063 | M.Cap: ₹5,648 Cr | P/E: 158.8

Verdict

Neogen Chemicals reported a strong Q1FY27 performance with healthy revenue growth and robust margin expansion. EBITDA growth significantly outpaced sales, indicating improved operating efficiency, while net profit and EPS recorded sharp gains on both a year-on-year and quarter-on-quarter basis. The overall performance reflects strong operational execution and sustained profitability improvement.

Dalmia Bharat Ltd.

CMP: ₹1,811 | Market Cap: ₹33,964 Cr | P/E: 30.9

Verdict

Revenue growth remained healthy with a 7.0% YoY increase, reflecting steady demand. However, profitability weakened significantly due to lower operating margins, with EBITDA declining and both Net Profit and EPS falling by more than 50% on both YoY and QoQ basis. Overall, the quarter was operationally weak despite stable top-line growth.

Acutaas Chemicals – Q1FY27 Results

CMP: ₹3,260 | Market Cap: ₹26,686 Cr | P/E: 69.1

Verdict

Acutaas Chemicals reported a strong year-on-year performance in Q1FY27, with robust growth across revenue, EBITDA, net profit, and EPS, reflecting healthy business momentum. However, on a sequential basis, all major financial metrics moderated compared to the exceptionally strong previous quarter. Despite the QoQ decline, the company’s overall earnings trajectory remains positive, supported by solid operational performance and sustained long-term growth prospects.

Mphasis – Q1FY27 Results

Price: ₹2,288 | Market Cap: ₹43,674 Cr | P/E: 22.6

Verdict

Mphasis reported a healthy Q1FY27 with strong revenue growth, as Sales increased 17.47% YoY and 3.32% QoQ. However, profitability moderated sequentially, with EBITDA, Net Profit, and EPS witnessing marginal QoQ declines, indicating some pressure on operating margins despite continued business momentum. Overall, the company maintained solid year-on-year growth while keeping earnings resilient.

ACC Ltd. – Q1FY27 Results

Price: ₹1,341 | Market Cap: ₹25,180 Cr | P/E: 13.3

Verdict

ACC Ltd. reported a weak Q1FY27 performance with declines across all key financial metrics. Sales fell 5% YoY, while EBITDA dropped 41% due to continued margin pressure. Net profit and EPS declined 61% YoY, reflecting subdued operating performance and weaker profitability during the quarter.

Ramkrishna Forgings – Q1FY27 Results

Price: ₹581 | Market Cap: ₹10,579 Cr | P/E: 92.0

Verdict

Ramkrishna Forgings reported a strong Q1FY27 performance driven by significant improvement in profitability. Revenue remained flat sequentially but grew 20% year-on-year, while EBITDA expanded sharply, reflecting better operating efficiency. Net profit and EPS registered exceptional YoY growth despite a moderation compared to the previous quarter, indicating a healthy operational performance and sustained earnings momentum.

Atul Ltd. – Q1FY27 Results

CMP: ₹6,408 | M.Cap: ₹18,865 Cr | P/E: 23.7

Verdict

Atul Ltd. delivered a strong Q1FY27 performance with broad-based growth across key financial metrics. Revenue, EBITDA, Net Profit, and EPS registered healthy year-on-year as well as quarter-on-quarter gains, reflecting robust operational performance, improved profitability, and margin expansion.

Sterlite Technologies Ltd. – Q1FY27 Results

Price: ₹564 | Market Cap: ₹28,992 Cr | P/E: 122.7

Verdict

Sterlite Technologies Ltd. reported a strong Q1FY27 performance with robust revenue growth, sharp margin expansion, and a significant jump in profitability. Sequential momentum also remained healthy, reflecting continued business recovery, improved operational execution, and stronger earnings performance.

Laurus Labs – Q1FY27 Results

CMP: ₹1,601 | Market Cap: ₹86,505 Cr | P/E: 79.1

Verdict

Laurus Labs reported a strong Q1FY27 performance with robust growth across all key financial metrics. Revenue increased at a healthy pace, while EBITDA and net profit grew substantially faster than sales, indicating improved operating efficiency and meaningful margin expansion. The quarter reflects strong business momentum and reinforces the company’s positive earnings trajectory.

Rama Phosphates – Q1 FY27 Results

CMP: ₹131 | Market Cap: ₹464 Cr | P/E: 8.6

Verdict

A healthy quarter with double-digit sales growth and a sharp sequential improvement in profitability. While YoY earnings growth remained modest, the strong QoQ rebound in EBITDA and PAT indicates improving operating performance.

V-Mart Retail – Q1FY27 Results

CMP: ₹725 | Market Cap: ₹5,764 Cr | P/E: 41.6

Apar Industries Ltd. – Q1FY27 Results

Price: ₹13,889 | Market Cap: ₹55,798 Cr | P/E: 46.3

Verdict

APAR Industries delivered an excellent Q1FY27 performance with strong earnings growth driven by significant margin expansion. While revenue remained almost flat on a sequential basis, EBITDA surged 68% YoY and 52.8% QoQ, leading to a robust 78% YoY increase in net profit. The sharp improvement in profitability highlights strong operational efficiency and healthy earnings momentum despite stable sales.

Automotive Stampings & Assemblies Ltd. – Q1 FY27 Results

CMP: ₹509 | M.Cap: ₹807 Cr | P/E: 26.1

Verdict

Automotive Stampings & Assemblies Ltd. delivered strong year-on-year growth across all key financial metrics, reflecting improved business performance and higher profitability compared to the same quarter last year. However, on a sequential basis, EBITDA, net profit, and EPS declined sharply despite relatively stable revenue, indicating margin pressure during the quarter. Overall, the long-term growth trajectory remains encouraging, although near-term earnings momentum has softened.

CreditAccess Grameen – Q1FY27 Results

CMP: ₹1,518 | Market Cap: ₹24,329 Cr | P/E: 20.1

Verdict

CreditAccess Grameen reported a strong Q1FY27 performance, driven by healthy revenue growth and a sharp improvement in profitability. EBITDA more than doubled year-on-year, while Net Profit and EPS surged over seven-fold, reflecting improving asset quality, better operating efficiency, and a healthier loan portfolio. The robust financial performance indicates positive business momentum and strengthens the company’s growth outlook.

AU Small Finance Bank Ltd.

CMP: ₹1,004 | M.Cap: ₹75,259 Cr | P/E: 26.4

Verdict

AU Small Finance Bank delivered a strong year-on-year performance with healthy growth in income, operating profit, net profit, and EPS, supported by significantly lower credit costs. Asset quality improved compared to the previous year, with both GNPA and NNPA declining. On a sequential basis, however, profit and EPS moderated slightly, while provisions and NPAs witnessed a marginal increase. Overall, the quarterly performance remains positive, reflecting steady business growth and resilient fundamentals.

IDFC First Bank – Q1 FY27 Results

Price: ₹80.8 | M.Cap: ₹69,616 Cr | P/E: 31.0

Verdict

IDFC First Bank delivered a strong quarter with healthy business growth, a sharp improvement in profitability, significantly higher earnings, lower credit costs on a year-on-year basis, and continued improvement in asset quality. Overall, the results reflect a positive earnings performance with strengthening operational momentum.

Container Corporation of India (CONCOR)

CMP: ₹478 | Market Cap: ₹36,371 Cr | P/E: 29.3

Verdict

Container Corporation of India (CONCOR) reported a stable quarter with revenue and net profit remaining largely flat on a year-on-year basis. Sequentially, EBITDA margins improved, resulting in modest growth in EBITDA, PAT, and EPS despite a decline in revenue. Overall, the company’s operational performance remains steady, reflecting resilience in its logistics business.

Zen Technologies Ltd. – Q1FY27 Results

CMP: ₹1,769 | Market Cap: ₹15,970 Cr | P/E: 87.9

Verdict

Zen Technologies reported a weak Q1FY27 performance, with revenue, EBITDA, and net profit declining on both a YoY and QoQ basis, reflecting slower execution and pressure on operating performance. EBITDA margins remained under pressure, while EPS registered a sequential improvement despite lower profitability. Investors are likely to remain focused on the company’s order execution, fresh order inflows, and margin recovery in the coming quarters.

Exxaro Tiles – Q1FY27 Results

CMP: ₹6.54 | Market Cap: ₹293 Cr | P/E: 113.9

Verdict

Revenue moderated sequentially, but strong improvement in profitability with sharp growth in net profit and EPS indicates better operational efficiency. Overall, the quarter is positive, though sustained revenue growth will remain the key monitor.

Prudent Corporate Advisory Services Ltd. – Q1FY27 Results

CMP: ₹2,859 | Market Cap: ₹11,838 Cr | P/E: 48.3

Verdict

Prudent Corporate Advisory Services delivered a strong Q1FY27 performance with robust 44% YoY growth in both Net Profit and EPS. While Sales and EBITDA moderated marginally on a sequential basis, profitability improved significantly, reflecting healthy margins, efficient cost management, and continued strength in the company’s core business operations.

Surana Solar Ltd. – Q1 FY27 Results

CMP: ₹26.3 | Market Cap: ₹129 Cr | P/E: 20.2

Verdict

Surana Solar Ltd. delivered an exceptional Q1 FY27 performance, reporting strong growth across all key financial metrics. Revenue increased more than seven-fold year-on-year, while EBITDA turned positive and net profit surged significantly, indicating a sharp turnaround in profitability. The robust improvement in earnings reflects stronger operational execution and a healthy start to the financial year.

Moschip Technologies Ltd. – Q1FY27 Results

CMP: ₹232 | Market Cap: ₹4,508 Cr | P/E: 141.4

Verdict

Moschip Technologies reported a weak Q1FY27 performance. Revenue declined both on a YoY and QoQ basis, while profitability witnessed a sharp contraction. Net Profit and EPS dropped nearly 78% YoY, reflecting significant margin pressure and subdued operational performance during the quarter.

Share India Securities Ltd. – Q1FY27 Results

CMP: ₹192 | Market Cap: ₹4,192 Cr | P/E: 11.5

Verdict

Share India Securities Ltd. delivered a strong Q1FY27 performance with healthy growth across all key financial metrics. Revenue, EBITDA, net profit, and EPS recorded robust year-on-year as well as quarter-on-quarter growth, highlighting improved operational efficiency, stronger profitability, and sustained earnings momentum.

New India Assurance – Q1FY27 Results

CMP: ₹173 | Market Cap: ₹28,543 Cr | P/E: 37.1

Verdict

The company reported a weak quarter with a sharp swing to losses. While revenue remained largely stable with marginal YoY growth, profitability deteriorated significantly as both EBITDA and net profit turned negative. The steep decline in earnings reflects pressure on underwriting and margins, making the quarter operationally disappointing. Investors may look for improvement in profitability over the coming quarters.

Kross Ltd – Q1FY27 Results

CMP: ₹206 | Market Cap: ₹1,330 Cr | P/E: 23

Verdict

Strong year-on-year growth across revenue, EBITDA, net profit, and EPS reflects healthy underlying business momentum. However, sequential performance moderated during the quarter with declines across key financial metrics, indicating near-term softness. Overall, the results remain positive, supported by robust annual growth despite quarter-on-quarter pressure.

Lodha Developers – Q1FY27 Results

CMP: ₹1,144 | Market Cap: ₹1,14,310 Cr | P/E: 27.7

Verdict

Lodha Developers delivered a strong Q1FY27 performance, reporting healthy revenue growth and a sharp improvement in profitability. The company posted robust double-digit sequential growth across key financial metrics, while net profit and EPS more than doubled on a year-on-year basis. The sustained execution momentum and expanding margins reflect a solid operating performance and continued business strength.

Shakti Pumps – Q1FY27 Results

CMP: ₹553 | Market Cap: ₹6,824 Cr | P/E: 32.1

Verdict

Shakti Pumps reported a strong 38% YoY growth in revenue during Q1FY27, reflecting healthy demand and execution. However, profitability weakened significantly as EBITDA declined 42% YoY and net profit fell 47% YoY, indicating pressure on operating margins. On a sequential basis, net profit recovered by 34.7% while revenue remained largely flat, suggesting some improvement in earnings despite continued margin challenges.

KFin Technologies Ltd. – Q1 FY27 Results

Price: ₹858 | M.Cap: ₹14,824 Cr | P/E: 42.3

Verdict

Revenue growth remained robust with Sales rising ▲ 30% YoY, reflecting healthy business momentum. However, profitability weakened as Net Profit and EPS declined both YoY and QoQ, while EBITDA also slipped sequentially, indicating margin pressure despite strong top-line growth.

REC Ltd – Q1FY27 Results

CMP: ₹362 | Market Cap: ₹95,217 Cr | P/E: 5.9

Verdict

REC Ltd reported a mixed Q1FY27 performance. Sales, EBITDA, Net Profit, and EPS declined on a year-on-year basis, reflecting a softer operating performance compared to the corresponding quarter last year. However, profitability improved significantly on a sequential basis, with Net Profit and EPS rising 24% QoQ and EBITDA increasing 5% QoQ. Despite the weaker YoY numbers, the stock continues to trade at an attractive valuation of just 5.9x P/E, which supports the long-term investment case.

SBI Cards – Q1FY27 Results

Price: ₹619 | Market Cap: ₹58,883 Cr | P/E: 25.9

Verdict

A healthy quarter for SBI Cards with 20% YoY growth in net profit and EPS, while sequential profitability also improved strongly. Revenue growth remained modest, but better operating performance drove margin expansion, reflecting improving business momentum and a stable earnings outlook.