Several major Indian companies reported their financial results for the first quarter of fiscal year 2026 (Q1 FY26). ITC Hotels posted a standalone revenue increase to ₹743.59 crore from ₹650.19 crore year-over-year (YoY), with consolidated revenue rising to ₹815.54 crore from ₹705.84 crore YoY. The company reported standalone profit of ₹149.73 crore and consolidated profit of ₹133.71 crore, and its shares reached a record high of Rs 246 on the BSE following the results. Tata Group's Indian Hotels Company Limited (IHCL) reported a 26% YoY rise in net profit to ₹329 crore. Axis Bank reported a 3.8% decline in net profit to ₹5,806 crore, with net interest income (NII) marginally up by 0.8% to ₹13,560 crore. The bank's gross non-performing assets (NPA) increased to 1.57% from 1.28% quarter-over-quarter (QoQ). Regulatory intervention by the Reserve Bank of India (RBI) led Axis Bank to revisit its provisions, contributing to the profit decline. Bandhan Bank experienced a 65% YoY drop in net profit to ₹372 crore amid rising bad loans and declining core income. Indiamart Intermesh Limited reported a 35% YoY increase in net profit for Q1 FY26, with consolidated revenue up 12.3% to ₹372 crore and consolidated profit rising 31% to ₹151.3 crore. JSW Steel posted a 158% YoY jump in net profit to ₹2,184 crore, driven by higher volumes, lower coking coal costs, and strong domestic sales. Reliance Industries Limited (RIL) reported a consolidated net profit of ₹26,994 crore for Q1 FY26, a 78.32% increase from ₹15,138 crore in the same period last year, exceeding estimates due to a rebound in its energy business and substantial one-off gains. However, its debt rose to ₹3.47 lakh crore. Management at Axis Bank remains confident about the FY26 outlook despite the weak Q1 performance. Additionally, the board of ITC Hotels approved a capital expenditure of ₹328 crore. Market analysts expect mid-single-digit earnings growth for Q1 across sectors, with some anticipating double-digit growth for the full fiscal year.