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BUSINESS · Business Standard · 2026-10-19 · editor 9/10 · 2 min read fact-checked

35 Companies Including UltraTech Cement, Bajaj Finance Announce Q2FY27 Results Today

#Business #Finance #Earnings #Q2FY27

A total of 35 companies are scheduled to announce their financial results for the second quarter of the financial year 2026-27 (Q2FY27) today, Monday. Among the prominent firms expected to report their July-September earnings are Bajaj Finance, UltraTech Cement, Hindustan Zinc, Union Bank of India, Indian Renewable Energy Development Agency (Ireda), HFCL, Sobha, L&T Technology Services, Waaree Renewable Technologies, Delta Corp, Jaiprakash Power Ventures, Gallantt Ispat, SML Mahindra, Just Dial, and Piramal Finance.

Additional companies releasing their Q2FY27 results include Nelco, Tatva Chintan Pharma Chem, Bhansali Engineering Polymers, AksharChem India, GOCL Corporation, Mangalam Global Enterprise, Modern Dairies, Aerpace Industries, Elevate Campuses, Koura Fine Diamond Jewelry, Malt Land Distilleries, A-One Steels India, Bloom Industries, Modern Steels, Melstar Information Technologies, Quint Digital, Shri Niwas Leasing And Finance, Ontic Finserve, Varmora Granito, and Yash Management & Satellite.

Meanwhile, HDFC Bank, India's largest private sector lender, reported a 4.7 percent year-on-year rise in net profit to ₹19,510 crore for Q2FY27. This growth was partly offset by lower other income and higher operating expenses and provisions. Its net interest income increased by 9.7 percent to ₹34,620 crore, supported by a 16.3 percent growth in gross advances. Other income declined 3.6 percent to ₹13,830 crore, despite an 8 percent sequential increase, primarily due to treasury trading gains plunging to ₹780 crore from ₹2,390 crore a year earlier.

Axis Bank, the country's third-largest private-sector lender, also announced its Q2FY27 results, reporting a 38 percent year-on-year rise in net profit to ₹7,003 crore. This was driven by higher net interest income (NII) and lower provisions. The bank's NII grew 12 percent year-on-year to ₹15,371 crore during the quarter. Its net interest margin (NIM) stood at 3.36 percent, down from 3.73 percent in the year-ago quarter, though it was 3.47 percent excluding the impact of foreign currency non-resident (FCNR-B) deposits.

In broader market updates, the GIFT Nifty, an early indicator of the Nifty 50, was trading flat with a negative bias at 23,112, signaling a subdued start for domestic equities. Asian markets also traded lower, tracking Wall Street losses from Friday, as concerns regarding the pace of investment in artificial intelligence (AI) infrastructure influenced investor sentiment. Japan's Nikkei 225 fell 1.15 percent, and South Korea's Kospi declined 0.12 percent.

What to watch: Market reactions to the announced earnings and broader economic indicators.

Editor's note: Comprehensive coverage of the financial results and market updates provided in the source.

Source

AI-generated and fact-checked against the original report; claims the gate cannot verify are held back.