Major Indian Companies Announce Mixed Q2 FY26 Financial Results

Multiple prominent Indian listed companies have announced their financial results for the second quarter of FY2025-26. Key announcements include:

**ITC Limited** reported a consolidated net profit of Rs 5,186.55 crore, a slight increase from Rs 5,054.43 crore in the prior year. However, its revenue from operations marginally declined to Rs 21,255.86 crore from Rs 21,536.38 crore.

**Dabur India** posted a 6.5% year-on-year profit growth, with its consolidated net profit reaching Rs 444.79 crore. Revenue saw a modest 5.3% increase to Rs 3,191 crore.

**Hyundai Motor India** reported a 14.3% rise in consolidated net profit to Rs 1,572.26 crore, primarily driven by robust exports.

**Aditya Birla Capital** announced a 3% increase in consolidated net profit, amounting to Rs 855 crore.

**Union Bank of India** reported a 10% decline in its September quarter profit to Rs 4,249 crore, attributed to lower core income and a dip in net interest margin.

**Canara Bank** recorded a significant 19% increase in net profit to Rs 4,774 crore, benefiting from a reduction in bad loans.

**Swiggy**, the food delivery and quick commerce firm, reported a widening consolidated net loss of Rs 1,092 crore, despite a substantial revenue increase to Rs 5,561 crore.

**Cipla** announced a 3.7% rise in consolidated net profit to Rs 1,353.37 crore.

**Adani Power** posted an 11.8% year-on-year profit decline to Rs 2,906.46 crore, with its revenue showing marginal growth.

**Impact** These corporate earnings reports offer vital insights into the financial health and operational performance of major Indian companies across various sectors. Investors will scrutinize these figures to assess sector-specific trends, company valuations, and future growth potential. The varied performance indicates diverse market dynamics and influencing factors such as consumer sentiment, input costs, and the broader economic climate. Positive results can boost stock prices, while disappointing figures may lead to market corrections. **Impact Rating**: 8/10

**Difficult Terms**: - **Consolidated Net Profit**: The total profit of a parent company and its subsidiaries after all expenses, interest, and taxes are deducted. - **Revenue from Operations**: The total income generated from a company's primary business activities before deducting expenses. - **YoY (Year-on-Year)**: A method of comparing performance by measuring a period against the same period in the previous year. - **Net Interest Income (NII)**: The difference between the interest income a bank earns from its lending activities and the interest it pays out to depositors. - **Net Interest Margin (NIM)**: A profitability ratio that indicates how effectively a bank is managing its assets and liabilities to earn interest. It is calculated as NII divided by average interest-earning assets, expressed as a percentage. - **Bad Loans**: Loans that are in default or are unlikely to be repaid by the borrower. These are also known as Non-Performing Assets (NPAs).