India's stock market saw mixed performances as Q1 FY26 earnings season progressed, with notable movements across various sectors. State Bank of India (SBI) reported a 12.5% year-on-year profit increase to ₹19,160 crore, driven by treasury gains and cost control, though its net interest margin (NIM) declined to 3.02% from 3.35%. Voltas shares plunged nearly 9% after its Q1 net profit fell 58% year-on-year due to weak air conditioner sales and lower revenue, with the stock hitting a three-month low. HBL Engineering shares surged over 13%, with profit after tax (PAT) rising 79% year-on-year to ₹143 crore, helped by securing a ₹54.12 crore contract from West Central Railway. PTC Industries reported robust Q1 growth and remained in focus alongside Manappuram Finance and Tata Motors as markets anticipated a higher opening. Amber Enterprises India shares declined 7%, impacted by weak consumer durables sector performance. Astral Ltd saw its shares fall over 7% following a 33% drop in Q1 PAT. Praj Industries shares tumbled to a 52-week low after a 94% plunge in Q1 profit, compounded by the US extension of a tariff pause on China. SJVN's Q1 net profit fell 36% year-on-year to ₹22,758 lakh. Sonata Software shares rose 12% after recent declines, leading gainers in the 'A' group. RattanIndia Enterprises posted a consolidated net profit of ₹5.03 billion, down from ₹8.5 billion year-on-year, with EBITDA falling to ₹6.09 billion and margins narrowing to 26.32%, indicating margin pressure despite revenue growth. Hyundai Motor shares rallied 3% following Goldman Sachs' buy rating initiation. Hindustan Aeronautics Limited (HAL) reported Q1 revenue from operations of ₹4,819.01 crore, up 10.85% year-on-year, with EBITDA of ₹1,292.67 crore and a margin of 26.82%. Hindalco Industries posted a 30% increase in consolidated net profit to ₹4,004 crore for Q1 FY26, driven by operational efficiencies and cost control. MRF reported a 14% decline in net profit to ₹484 crore despite a 7% revenue increase. Natco Pharma's consolidated profit dropped by ₹669 crore to ₹481 crore, with revenue slightly down. Finolex Cables saw a 33.4% net profit decline to ₹162.6 crore, though revenue rose 13.4%. Other companies releasing Q1 results included Titagarh Rail Systems, which saw a 54% profit fall but a share price rise over 4%, and Balrampur Chini, with profit down from ₹70 crore to ₹52 crore. The BSE Consumer Durables Index declined 1.5%, reflecting weakness in companies like Amber Enterprises. The market showed resilience with select stocks like HBL Engineering and Sonata Software gaining, while others faced pressure from weak earnings or sectoral challenges.
HONASA CONSUMER Releases Q1 Results (YoY) - Income up 7.4% at Rs.595 crore - Profit up 2.7% at Rs.41.3 crore - EBITDA down 0.7% to Rs.45.8 crore - EBITDA margin reduced from 8.3% to 7.7% #HONASACONSUMER
#BDL Releases Q1 Results (YoY) - Profit rises to ₹18.3 crore from ₹7.2 crore - Income increased from ₹191 crore to ₹248 crore
#DCMShriram reports #Q1Results Net profit down 42.6% at ₹17.8 cr vs ₹31 cr (YoY) Revenue down 10% at ₹498.6 cr vs ₹554 cr (YoY) EBITDA down 28% at ₹44.6 cr vs ₹62 cr (YoY) Margin at 9% vs 11.2% (YoY)