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

Cipla Q1 FY27 Results – Earnings Snapshot

CMP: ₹1,393 | M.Cap: ₹1,12,533 Cr | P/E: 31.4

Infosys Ltd. – Q1 FY27 Results Snapshot

Management Update

• Ashiss Kumar Dash appointed CEO-Designate till March 31, 2027.

• Will take over as CEO from April 1, 2027 for a five-year term.

• Chairman Nandan Nilekani said Dash is a long-time Infosys veteran and leadership transition will begin from October.

InterGlobe Aviation (IndiGo) Q1 FY27 Results

CMP: ₹5,024 | M.Cap: ₹1,94,104 Cr

Verdict

InterGlobe Aviation (IndiGo) reported a strong 20% YoY growth in revenue, supported by higher capacity deployment and improved passenger yields. However, profitability remained under pressure due to a sharp 86% increase in aircraft fuel expenses, leading to a net loss during the quarter. On a sequential basis, the company significantly reduced its losses and delivered a sharp recovery in EBITDA, reflecting improving operational efficiency despite elevated cost pressures. The sustained demand environment and better yields remain positive, while fuel costs continue to be the key factor impacting earnings.

Motilal Oswal Financial Services – Q1 FY27 Results

CMP: ₹940 | M.Cap: ₹56,479 Cr | P/E: 28.5

Verdict

Motilal Oswal Financial Services reported a strong Q1 FY27 performance with robust revenue growth, healthy operating margins, and a sharp turnaround in profitability on a sequential basis. Sales increased 25% YoY, while EBITDA rose 15% YoY and surged significantly over the previous quarter. Net profit improved 10% YoY and returned to profitability after a loss in the preceding quarter. Overall, the results reflect strong business momentum and remain positive despite moderate year-on-year earnings growth.

Sona BLW Precision Forgings Ltd.

CMP: ₹720 | M.Cap: ₹44,840 Cr | P/E: 57.7

*Jun 2025 included an exceptional item of ₹-9.17 Cr, which has been ignored for YoY comparison.

Verdict

Strong YoY growth across all key metrics, driven by a sharp improvement in profitability and EPS. Revenue and operating profit witnessed only a marginal sequential decline, while net profit continued to grow on a QoQ basis. Overall, the company delivered a healthy quarter with robust earnings momentum.

Coromandel International – Q1 FY27 Results

CMP: ₹2,023 | M.Cap: ₹59,777 Cr | P/E: 32.0

Verdict

Coromandel International delivered a strong top-line performance in Q1 FY27, with revenue rising 16% YoY and 36% QoQ, reflecting healthy demand and improved business momentum. However, profitability remained under pressure on a year-on-year basis, with EBITDA declining 3% and net profit falling 25%. Despite the weaker annual comparison, earnings recovered sharply on a sequential basis, supported by a strong rebound in operating performance compared to the previous quarter.

IRB InvIT Fund – Q1 FY27 Results Snapshot

CMP: ₹62.9 | M.Cap: ₹4,977 Cr | P/E: 15.6

Verdict

IRB InvIT Fund reported a strong operational performance during Q1 FY27, with Sales rising ▲ 69% YoY and EBIDT increasing ▲ 62% YoY, reflecting healthy growth in core operations. However, profitability remained under pressure as Net Profit declined ▼ 19% YoY and EPS fell ▼ 64% YoY. While operating performance remains solid, the decline in earnings indicates pressure on the bottom line despite robust revenue growth.

PVR INOX Q1 FY27 Results

CMP: ₹1,007 | M.Cap: ₹9,890 Cr | P/E: 31.2

Verdict

Revenue growth remained healthy with strong EBITDA expansion, while the company returned to profitability on a year-on-year basis. However, net profit and EPS declined sharply on a sequential basis due to a high base in the previous quarter. Overall, the quarter reflects improving operating performance but mixed bottom-line trends.

Thyrocare Technologies – Q1 FY27 (Jun 2026) Results

CMP: ₹545 | M.Cap: ₹8,672 Cr | P/E: 48.0

Verdict

Thyrocare Technologies delivered a strong Q1 FY27 performance with healthy double-digit YoY growth across all key financial metrics. Revenue momentum remained robust, while operating margins and profitability improved on both YoY and QoQ basis, reflecting continued operational efficiency and steady business growth.

CPCL Q1 FY27 Results

Price: ₹1,270 | M.Cap: ₹18,906 Cr | P/E: 4.5

Verdict

CPCL reported a strong turnaround in Q1 FY27, with exceptional year-on-year growth across revenue, EBITDA, net profit, and EPS, largely aided by a weak base in the corresponding quarter last year. While profitability moderated on a sequential basis compared to the March quarter, the company’s overall operating performance remained robust, reflecting healthy refining operations and improved earnings momentum.

Solara Active Pharma Sciences Ltd.

CMP: ₹524 | M.Cap: ₹2,506 Cr | P/E: 586.9

Verdict

Solara Active Pharma Sciences reported a positive quarter with healthy profit growth despite largely flat sequential revenue. Improved operating margins, strong growth in net profit, and robust earnings momentum reflect improving operational efficiency and a strengthening financial performance.

Ramco Systems Q1 FY27 Results

CMP: ₹790 | M.Cap: ₹2,967 Cr | P/E: 47.1

Verdict

Revenue growth remained healthy with a 7% YoY increase in sales. However, operating performance weakened significantly as EBIDT declined 12% YoY and 43% QoQ. Net profit and EPS also dropped sharply due to margin pressure, reflecting a weak earnings performance for the quarter despite steady revenue growth.

Kellton Tech – Q1 FY27 Results Snapshot

Price: ₹14.4 | M.Cap: ₹766 Cr | P/E: 8.4

Verdict

Revenue growth remained steady, while profitability was broadly stable on a YoY basis and improved sequentially. Overall performance was mixed, with a healthy QoQ recovery in EBITDA and net profit but muted YoY earnings growth.

Gujarat Alkalies Q1 FY27 Results

CMP: ₹644 | M.Cap: ₹4,715 Cr | P/E: 71.1

Verdict

Gujarat Alkalies delivered a strong Q1 FY27 performance with healthy double-digit revenue growth and a sharp turnaround in profitability. EBITDA more than doubled on both a year-on-year and sequential basis, reflecting improved operating efficiency. The company also reported a significant recovery in net profit compared to the loss posted in the corresponding quarter last year, indicating a meaningful improvement in overall business performance.

IIFL Capital – Q1 FY27 Results Snapshot

CMP: ₹340 | M.Cap: ₹10,697 Cr | P/E: 18.8

Verdict

Stable quarter with modest revenue growth, while profitability improved sharply on a QoQ basis, indicating stronger earnings momentum.

Suryoday Small Finance Bank Q1 FY27 Results

CMP: ₹ — | M.Cap: ₹ — Cr | P/E: —

Verdict

Suryoday Small Finance Bank reported a strong Q1 FY27 performance, driven by robust growth in pre-provision operating profit and more than doubling of net profit. Provisions declined sharply, while asset quality improved significantly with a substantial reduction in both GNPA and NNPA on a YoY basis. Overall, the results reflect improving profitability and strengthening balance sheet quality, making the quarter operationally positive.

Fineotex Chemical Ltd. – Q1 FY27 Results

CMP: ₹41.9 | M.Cap: ₹4,874 Cr | P/E: 39.8

Verdict

Fineotex Chemical delivered an excellent Q1 FY27 performance with exceptional revenue growth, strong operating leverage, healthy margin expansion, and double-digit sequential improvement in profitability. The robust earnings momentum reflects strong demand across its business segments and efficient execution, positioning the company well for sustained growth.

Indosolar – Q1 FY27 Results Snapshot

CMP: ₹371 | M.Cap: ₹1,534 Cr | P/E: 9.2

Verdict

Indosolar reported a weak Q1 FY27 performance, with revenue and profitability witnessing sharp year-on-year declines. Sequential performance also remained subdued as sales, operating profit, net profit, and EPS fell compared to the previous quarter. Despite remaining profitable, the results indicate significant pressure on the company’s earnings during the quarter.

Cyient Q1 FY27 Results

CMP: ₹831 | M.Cap: ₹9,236 Cr | P/E: 22.7

Verdict

Cyient delivered healthy revenue growth with Sales rising ▲ 21% YoY and ▲ 7.7% QoQ, while EBITDA increased ▲ 15% YoY and ▲ 18.5% QoQ, indicating steady operational performance. However, Net Profit and EPS declined ▼ 32% YoY due to pressure on profitability despite a strong sequential recovery. Overall, the quarter reflects improving business momentum, but margin expansion and earnings sustainability remain key monitorables going forward.

Go Digit General Insurance – Q1 FY27 Results Snapshot

CMP: ₹281 | M.Cap: ₹25,949 Cr | P/E: 52.7

Verdict

Go Digit General Insurance reported a healthy 9% YoY growth in revenue, reflecting steady premium expansion. However, profitability remained under pressure as EBITDA declined 28% YoY, while Net Profit and EPS fell 38% YoY. On a sequential basis, EBITDA recovered from a loss in the previous quarter and turned positive, indicating improving operating performance, though earnings weakened due to lower profitability.

Indian Energy Exchange (IEX) Q1 FY27 Results

CMP: ₹122 | M.Cap: ₹10,876 Cr | P/E: 22.3

Verdict

Indian Energy Exchange delivered a steady Q1 FY27 performance with double-digit year-on-year growth across revenue, EBITDA, net profit, and EPS. Although revenue and EBITDA moderated on a sequential basis, the company maintained strong profitability, with net profit and EPS registering quarter-on-quarter growth. Overall, the results reflect a stable operational performance supported by resilient earnings.

Meesho Q1 FY27 Results Snapshot

CMP: ₹189 | M.Cap: ₹87,390 Cr

Verdict

Meesho reported a strong Q1 FY27 performance, with revenue rising 48% YoY driven by continued growth in its e-commerce business. The company also improved operating efficiency, resulting in a narrower EBITDA loss and a significant reduction in net loss compared to both the previous quarter and the same period last year. EPS improved sharply, reflecting steady progress toward profitability. While Meesho remains loss-making, the consistent improvement across key financial metrics indicates that the business is moving in the right direction with a clear focus on sustainable growth and margin expansion.