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

Trent Q1 FY27 Results – Strong Operational Performance, Demand Remains Measured

CMP: ₹3,107 | M.Cap: ₹1,66,961 Cr | P/E: 91.3

Management Commentary

• Added 22 Zudio stores during the quarter with a net addition of 19 stores.
• Fashion portfolio like-for-like (LFL) growth remained in the low single digits.
• Middle East disruptions may impact supply chains, commodity prices and inflation in the near term.
• Consumers continue balancing aspirations with financial discipline, keeping discretionary demand calibrated.
• Expansion into Tier II & Tier III cities remains a key growth driver, with new stores taking 2–3 years to mature.

Crompton Greaves Q1FY27 Results

Britannia Industries – Q1 FY27 Results Snapshot

LIC – Q1 FY27 Earnings Snapshot

RateGain Travel Technologies Ltd. – Q1 FY27 Results

CMP: ₹945 | M.Cap: ₹11,193 Cr | P/E: 42.8

Verdict

RateGain Travel Technologies delivered an outstanding Q1 FY27 performance, with exceptional year-on-year growth across revenue, EBITDA, net profit, and EPS. The double-digit sequential improvement in profitability highlights strong operational execution, improving margins, and sustained business momentum, reflecting continued expansion across its travel technology platform.

Bajaj Electricals Q1 FY27 Results

CMP: ₹382 | M.Cap: ₹4,399 Cr

Verdict

Revenue remained largely stable on a YoY basis but declined sequentially. Strong margin expansion led to a sharp improvement in profitability, with the company reporting a significant turnaround from the previous quarter’s loss, indicating improved operational performance.

BirlaNu Ltd – Q1 FY27 Results

CMP: ₹1,539 | M.Cap: ₹1,165 Cr

Verdict

BirlaNu Ltd delivered a strong turnaround in Q1 FY27 with double-digit revenue growth and a sharp recovery in operating profitability. The company returned to profitability at both the EBITDA and net profit levels on a YoY as well as QoQ basis, reflecting significant improvement in operational efficiency and business performance. Sustained revenue growth along with the return to positive earnings indicates improving fundamentals, though consistency in profitability over the coming quarters will remain a key monitorable.

Suven Life Sciences – Q1 FY27 Results

CMP: ₹318 | Market Cap: ₹8,946 Cr

Verdict

Suven Life Sciences reported strong revenue growth during Q1 FY27, with revenue rising 91% YoY and 135% QoQ. However, profitability remained under significant pressure as EBITDA loss widened to ₹132.0 crore, while net loss increased to ₹128.0 crore. EPS also deteriorated sharply, indicating that despite higher revenue, the company continues to face substantial operating and financial challenges.

Mold-Tek Technologies – Q1 FY27 Results

CMP: ₹199 | M.Cap: ₹574 Cr | P/E: 31.2

Verdict

Strong quarter with robust revenue growth and a sharp improvement in profitability. Significant expansion in EBITDA and net profit reflects improved operating performance, better cost efficiencies, and margin recovery, indicating healthy business momentum.

Hikal Q1 FY27 Results

CMP: ₹221 | M.Cap: ₹2,735 Cr | P/E: 64.5

Verdict

Hikal delivered modest revenue growth and a strong improvement in EBITDA on a year-on-year basis during Q1 FY27, while significantly reducing its net loss compared to the same quarter last year. However, the quarter witnessed a sharp sequential slowdown, with revenue declining 22% and EBITDA falling 65% from Q4FY26. The company also slipped into a net loss after reporting a profit in the previous quarter, indicating weaker operating performance. Going forward, sustained recovery in profitability and margin improvement will be key factors to monitor.

Edelweiss Financial Services – Q1 FY27 Results

CMP: ₹121 | M.Cap: ₹11,486 Cr | P/E: 18.2

Verdict

Profitability remained strong with an 83% YoY jump in net profit despite lower operating performance. Revenue grew modestly, while sequential improvement across key metrics indicates stable business momentum.

Firstsource Solutions Ltd. – Q1 FY27 Results

CMP: ₹294 | M.Cap: ₹20,789 Cr | P/E: 26.0

Verdict

Firstsource Solutions delivered a strong operational performance in Q1 FY27, with Revenue rising ▲23% YoY and EBITDA growing ▲30% YoY, reflecting healthy business momentum and improved operating efficiency. However, Net Profit and EPS declined ▼2% YoY and ▼19% QoQ, indicating pressure on the bottom line despite robust revenue growth. Overall, the quarter showcased solid business expansion, but investors will watch for improvement in profitability in the coming quarters.

Muthoot Microfin – Q1 FY27 Results

CMP: ₹222 | M.Cap: ₹3,789 Cr | P/E: 15.4

Verdict

Muthoot Microfin delivered a strong Q1 FY27 performance with healthy growth across all key financial metrics. Revenue increased 20% YoY, while operating profit surged 60%, reflecting improved operating efficiency. Net profit and EPS witnessed exceptional growth of over 1,200% on a low base, supported by better profitability and stable business momentum. Sequential growth across revenue, EBITDA, profit, and EPS further indicates sustained operational strength and improving earnings quality.

Fortis Healthcare – Q1 FY27 Results

CMP: ₹920 | M.Cap: ₹69,411 Cr | P/E: 65.1

Verdict

Fortis Healthcare reported a stable quarter with healthy revenue growth of 17% YoY and 8% QoQ, reflecting sustained demand across its healthcare business. EBITDA grew by 9% YoY, indicating steady operational performance, while net profit and EPS registered modest improvements on both yearly and sequential basis. Overall, the company continues to deliver consistent operational execution with stable profitability.

Indraprastha Medical Corporation Ltd. – Q1 FY27 Results

CMP: ₹362 | M.Cap: ₹3,316 Cr | P/E: 17.6

Verdict

Indraprastha Medical Corporation reported a healthy quarter with 11% YoY revenue growth, supported by improved patient volumes and hospital operations. Operating performance strengthened, with EBIDT rising 32% QoQ, leading to a sharp improvement in profitability. Net profit and EPS also increased 34% sequentially, reflecting better margins and operational efficiency. Overall, the company delivered a positive quarter with steady top-line growth and strong earnings momentum.

Apollo Tyres – Q1 FY27 Results

CMP: ₹450 | M.Cap: ₹28,551 Cr | P/E: 13.4

Verdict

Sandur Manganese & Iron Ores Ltd.

CMP: ₹214 | M.Cap: ₹10,399 Cr | P/E: 14.0

Verdict

Sandur Manganese & Iron Ores delivered a strong year-on-year performance in Q1FY27, with revenue rising 21%, EBITDA increasing 15%, and net profit and EPS growing 36% each. On a sequential basis, the company witnessed moderation across revenue, operating profit, and earnings, reflecting a softer quarter compared to Q4FY26. Despite the QoQ decline, the company’s profitability remains healthy, supported by solid margins and robust earnings growth, indicating strong underlying fundamentals.

Suprajit Engineering Ltd. – Q1 FY27 Results

CMP: ₹528 | M.Cap: ₹7,238 Cr | P/E: 38.5

Verdict

Suprajit Engineering delivered a strong operational performance in Q1 FY27, with revenue growing 24% YoY and EBITDA surging 57% YoY, reflecting healthy demand and improved operating efficiency. However, despite a modest 9% YoY increase in net profit, earnings declined sequentially, with net profit falling 27% QoQ and EPS down 26% QoQ, indicating margin pressure during the quarter. Overall, the quarter remained operationally robust, though bottom-line performance was mixed due to weaker sequential profitability.

Kirloskar Oil Engines Ltd. – Q1 FY27 Results

CMP: ₹2,249 | M.Cap: ₹32,716 Cr | P/E: 57.4

Verdict

Revenue growth remained healthy on a YoY basis, with sales increasing 13%. However, profitability weakened as EBITDA, net profit, and EPS declined both YoY and QoQ, reflecting margin pressure during the quarter despite higher revenue.

Varroc Engineering – Q1 FY27 Results Snapshot

CMP: ₹738 | M.Cap: ₹11,275 Cr | P/E: 39.5

Verdict

Varroc Engineering delivered a strong operational performance in Q1 FY27, with revenue rising 30% YoY and 11% QoQ, reflecting healthy business momentum. EBITDA increased 14% YoY while remaining flat sequentially, indicating stable operating margins. Net profit grew 28% YoY and 10% QoQ, supported by improved profitability. However, the 26% YoY decline in EPS remains a key factor to monitor despite sequential improvement.

Sula Vineyards – Q1 FY27 Results

CMP: ₹168 | M.Cap: ₹1,415 Cr | P/E: 54.6

Verdict

Revenue remained largely stable with a modest ▲ 3% YoY growth despite a sequential decline. However, operating performance weakened significantly as EBIDT fell ▼ 9% YoY and ▼ 40% QoQ. The sharp contraction in margins resulted in a steep decline in profitability, with net profit dropping ▼ 45% YoY and ▼ 88% QoQ, while EPS also declined substantially. Overall, the quarter reflects stable revenue but considerable pressure on earnings and operating efficiency.

Premier Energies – Q1 FY27 Results

CMP: ₹1,042 | M.Cap: ₹47,722 Cr | P/E: 28.7

Verdict

Premier Energies delivered a strong Q1 FY27 performance with robust 35% YoY revenue growth and an impressive 50% YoY increase in net profit. Sequential growth across revenue, EBITDA, profit, and EPS reflects healthy execution, improving operational efficiency, and sustained earnings momentum, reinforcing the company’s strong growth trajectory.

Hindustan Construction Company (HCC) Q1 FY27 Results

CMP: ₹21.6 | M.Cap: ₹5,640 Cr | P/E: 41.7

Verdict

Hindustan Construction Company reported a weak operational performance in Q1 FY27. Revenue remained nearly flat on a sequential basis but declined 9% YoY, reflecting slower execution. Operating profitability came under significant pressure, with EBITDA falling 42% YoY and 39% QoQ, indicating margin compression. Despite the weak operating performance, net profit and EPS managed to register marginal YoY growth, supported by non-operating factors, although both declined sequentially. Overall, the quarter highlights pressure on core operations while the bottom line remained relatively stable.

Lloyds Engineering – Q1 FY27 Results

CMP: ₹88.5 | M.Cap: ₹12,932 Cr | P/E: 57.8

Verdict

Lloyds Engineering reported an excellent Q1 FY27 performance, delivering triple-digit year-on-year growth across revenue, operating profit, net profit, and EPS. The company also posted healthy sequential improvements in sales, profitability, and earnings, indicating sustained execution strength and improving operational momentum. Overall, the quarter reflects strong business performance with continued growth across key financial parameters.

JSW Holdings – Q1 FY27 Results

CMP: ₹12,082 | M.Cap: ₹13,438 Cr | P/E: 107.4

Verdict

JSW Holdings reported a stable Q1 FY27 performance with healthy year-on-year growth in revenue and profitability. Sales increased 15% YoY, while EBITDA and net profit rose 10% and 9%, respectively. However, sequential performance moderated with a slight decline in operating profit and earnings, reflecting softer quarter-on-quarter momentum. Overall, the company maintained steady financial performance despite the marginal QoQ slowdown.

Elin Electronics – Q1 FY27 Results

CMP: ₹102 | M.Cap: ₹508 Cr | P/E: 29.7

Verdict

Elin Electronics reported a strong 23% YoY growth in revenue, indicating healthy demand across its business segments. However, profitability deteriorated sharply as EBITDA declined 77% YoY, reflecting severe margin pressure. The company posted a net loss of ₹21.4 crore against a profit of ₹9.39 crore in the corresponding quarter last year, resulting in negative EPS. Despite robust top-line growth, the sharp decline in operating performance and earnings makes the overall quarterly performance negative.

Igarashi Motors Q1 FY27 Results

CMP: ₹494 | M.Cap: ₹1,555 Cr | P/E: 94.8

Verdict

Igarashi Motors delivered a strong Q1 FY27 performance, driven by healthy revenue growth and a sharp improvement in profitability. Operating margins expanded meaningfully, while net profit and EPS surged on both a YoY and QoQ basis, reflecting improved operational efficiency. Despite the encouraging earnings momentum, the stock trades at a premium valuation of P/E 94.8, which may limit near-term upside unless the company continues to sustain strong earnings growth in the coming quarters.