Top Earnings Today India: Q2 Results for October 29, 2026

Companies announcing results on Thursday reported mixed performances. Sales and profits grew at several firms, while Ambuja Cements and Suzlon Energy posted lower profits against last year’s comparisons. Figures below are consolidated unless the metric is identified as bank income.

In Simple Words: Revenue shows how much a company sold; profit shows what remained after expenses. For a bank, net interest income is a useful measure of its core lending income.

Asian Paints: Sales rose 16.9%, profit grew 7.5%

Asian Paints reported higher sales and profit for the September quarter. Its board also approved an interim dividend of ₹5.75 per share.

Metric	Q2 FY27	Q2 FY26	YoY change
Net sales	₹9,953.9 crore	₹8,513.7 crore	+16.9%
Net profit	₹1,067.6 crore	₹993.6 crore	+7.5%

Ambuja Cements: Prior-year comparison included a tax reversal

Ambuja’s revenue was nearly flat, while reported profit fell sharply. The previous year’s profit included a ₹1,697 crore reversal of an income-tax provision, which makes the year-on-year comparison unusually steep.

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Metric	Q2 FY27	Q2 FY26	YoY change
Revenue from operations	₹9,197 crore	₹9,175 crore	+0.2%
Net profit	₹236 crore	₹2,336 crore	−89.9%

Godrej Consumer Products: Revenue grew 19%

Godrej Consumer Products reported higher revenue and profit for the quarter. Consolidated net profit rose to ₹523 crore from ₹459 crore a year earlier.

Metric	Q2 FY27	Q2 FY26	YoY change
Revenue	₹4,413.09 crore	₹3,708.19 crore	+19.0%
Net profit	₹522.92 crore	₹459 crore	+13.9%

Laurus Labs: Profit more than doubled

Laurus Labs reported higher revenue and a sharp rise in profit. The company’s consolidated results show net profit after tax of ₹436.74 crore, compared with ₹193.75 crore in the year-ago quarter.

Metric	Q2 FY27	Q2 FY26	YoY change
Revenue from operations	₹2,206.37 crore	₹1,653.47 crore	+33.4%
Net profit after tax	₹436.74 crore	₹193.75 crore	+125.4%

Equitas Small Finance Bank: Net interest income rose 32.7%

Equitas Small Finance Bank reported net profit of ₹218 crore, compared with ₹24 crore a year earlier. Net interest income, the difference between interest earned and paid, rose to ₹1,026 crore.

Metric	Q2 FY27	Q2 FY26	YoY change
Net interest income	₹1,026 crore	₹773 crore	+32.7%
Net profit	₹218 crore	₹24 crore	About +803%

P N Gadgil Jewellers: Revenue increased 22.4%

P N Gadgil Jewellers reported growth in both revenue and profit for the quarter ended September 30. Profit after tax rose to ₹121.11 crore from ₹79.31 crore.

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Metric	Q2 FY27	Q2 FY26	YoY change
Revenue	₹2,666.38 crore	₹2,177.62 crore	+22.4%
Profit after tax	₹121.11 crore	₹79.31 crore	+52.7%

Welspun Corp: Profit rose 13.4%

Welspun Corp reported higher revenue and profit in Q2 FY27. Consolidated revenue from operations reached ₹4,643.72 crore, while net profit rose to ₹498.56 crore.

Metric	Q2 FY27	Q2 FY26	YoY change
Revenue from operations	₹4,643.72 crore	₹4,373.61 crore	+6.2%
Net profit	₹498.56 crore	₹439.68 crore	+13.4%

Suzlon Energy: Revenue rose, profit fell

Suzlon Energy’s revenue increased 26%, but net profit declined from the year-ago quarter. The company’s reported Q2 net profit was ₹394.15 crore, compared with ₹1,279.44 crore a year earlier.

Metric	Q2 FY27	Q2 FY26	YoY change
Revenue	₹4,869.05 crore	₹3,865.54 crore	+26.0%
Net profit	₹394.15 crore	₹1,279.44 crore	−69.2%

Pine Labs: Profit climbed to ₹39 crore

Pine Labs reported a sixfold increase in consolidated net profit, alongside 24% growth in operating income. The company posted ₹806 crore in operating income for the quarter.

Metric	Q2 FY27	Q2 FY26	YoY change
Operating income	₹806 crore	₹650 crore	+24%
Net profit	₹39 crore	₹6 crore	About sixfold

Nilkamal: Profit doubled as revenue grew 16.3%

Nilkamal’s consolidated net profit reached ₹67.8 crore in the September quarter, against ₹33.7 crore a year earlier. EBITDA also increased to ₹136 crore from ₹85.4 crore.

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Metric	Q2 FY27	Q2 FY26	YoY change
Revenue from operations	₹1,126 crore	₹968 crore	+16.3%
Net profit	₹67.8 crore	₹33.7 crore	About +101%
EBITDA	₹136 crore	₹85.4 crore	+59%

Paras Defence: Profit rose 46.8%

Paras Defence and Space Technologies reported higher revenue and profit, with its optics and optronics business contributing to growth. Consolidated revenue increased to ₹151.1 crore from ₹105.7 crore.

Metric	Q2 FY27	Q2 FY26	YoY change
Revenue	₹151.1 crore	₹105.7 crore	+42.9%
Profit attributable to shareholders	₹30.3 crore	₹20.6 crore	+46.8%

V-Guard Industries: Revenue grew 38.2%

V-Guard Industries reported growth in revenue and profit for Q2 FY27. Consolidated net profit increased to ₹111.67 crore from ₹65.29 crore.

Metric	Q2 FY27	Q2 FY26	YoY change
Revenue	₹1,852.89 crore	₹1,340.92 crore	+38.2%
Net profit	₹111.67 crore	₹65.29 crore	+71.0%

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