Friday brought fresh company results, a revised outlook and a buyback decision. Here are ten announcements from October 23, 2026; figures are for the September quarter unless stated otherwise.
1. Infosys trims its full-year revenue outlook
Infosys reported second-quarter consolidated net profit of ₹7,823 crore, up 6% year on year, while revenue increased 11% to ₹49,244 crore. The bigger signal was its FY27 revenue guidance reduction to 1%–2% in constant-currency terms, from the earlier 1.5%–3% range. It also declared an interim dividend of ₹26 per share, leaving investors to weigh profit growth against the softer outlook.
2. Shriram Finance lifts profit and declares a dividend
Shriram Finance posted consolidated net profit of ₹3,683.81 crore, a 59% increase from a year earlier, as total income rose 15.8% to ₹13,801.84 crore. The board announced an interim dividend of ₹6.50 per share. Lower finance costs helped, while impairment provisions increased. Investors will track collections and credit costs alongside loan growth.
3. JSW Steel reports a sharp profit jump
JSW Steel’s consolidated net profit rose 225% year on year to ₹5,279 crore in Q2 FY27. Revenue from operations increased 20.7% to ₹54,489 crore, while EBITDA climbed 42.2% to ₹10,120 crore. Higher sales supported the result. Steel demand, realisations and input costs remain important indicators for coming quarters.
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4. Adani Power posts higher quarterly profit
Adani Power reported a 142% year-on-year increase in second-quarter profit after tax to ₹7,019 crore. Higher revenue recognition was cited as a key factor behind the rise. Investors will look for details on recurring operations, generation, receivables and cash flows in coming quarters.
5. Dr Reddy’s beats estimates despite a year-on-year profit decline
Dr Reddy’s Laboratories reported net profit of ₹925 crore, lower than ₹1,347 crore a year earlier but above analyst expectations. Revenue slipped 1.6% to ₹8,698 crore. North American revenue declined about 23% amid pricing pressure and competition, while domestic sales grew 17.2% to ₹1,850 crore. A semaglutide product recall had a ₹71 crore impact. The contrasting regional trends remain central to its outlook.
6. SBI Card’s profit rises as provisions ease
SBI Card reported quarterly profit of ₹778 crore, up 74.8% year on year, while revenue from operations increased 3.6% to ₹5,141 crore. Lower provisions and improving asset quality supported earnings; gross non-performing assets eased to 1.90%. Investors will monitor spending growth and repayment trends as the card base expands.
7. IndusInd Bank returns to quarterly profit
IndusInd Bank reported net profit of ₹1,176 crore for the September quarter, compared with a loss of ₹445 crore in the same quarter last year. Net interest income rose to ₹4,569 crore from ₹4,409 crore. Gross NPA improved to 2.73% from 3.25% at the end of June. Investors will look for sustained improvement in asset quality and business growth.
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8. Jindal Steel’s sales and revenue climb
Jindal Steel reported September-quarter net profit of ₹771 crore, up about 21% year on year, with gross revenue rising 43% to ₹19,448 crore. Sales volumes increased 27% to 2.38 million tonnes. Net debt fell to ₹14,786 crore from ₹15,927 crore at the end of June. Higher volumes and lower debt are positives; margins remain exposed to input costs and pricing.
9. Godrej Properties sees profit fall as bookings soften
Godrej Properties’ Q2 net profit declined 62% to ₹154.15 crore, even as total income rose to ₹2,571.73 crore from ₹1,950.05 crore. Sales bookings slipped 6% year on year to ₹8,008 crore. Lower bookings and weaker profit put project completions, launches and cost control in focus. Investors will watch for sales momentum in the second half.
10. Atul approves a ₹90 crore share buyback
Atul’s board approved a buyback of equity shares worth up to ₹90 crore at a maximum price of ₹7,500 per share. The buyback decision was announced alongside the company’s September-quarter results. The maximum price is an offer ceiling, not a guaranteed market price. Shareholders will await the timetable and acceptance details.
What investors will track next
Guidance, provisions, credit quality, regional sales and execution all shape how investors read earnings. Upcoming filings and management commentary will show which trends can continue and where cost or demand pressures remain. This is a news roundup, not a stock ranking or price forecast.
Disclaimer: This article is for informational purposes only and is not investment advice. Onetrader is not registered with SEBI as an investment adviser or research analyst.
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