Tata Power | The company reported a 0.7% YoY dip in Q2 net profit to ₹919.4 crore, with revenue down 1% to ₹15,544 crore. EBITDA fell 11.8% to ₹3,302 crore, and margins narrowed to 21.2%. The company also proposed buying a 40% stake in an SPV for ₹1,572 crore.
I agree The company reported a 3.6% YoY rise in Q2 net profit to ₹378.7 crore, with revenue up 2.9% to ₹2,354.5 crore. EBITDA slipped slightly to ₹576.2 crore, and margins eased to 24.5%. The board declared a ₹2.60 interim dividend per share for FY26.
Rail Vikas Nigam Ltd | RVNL reported a 19.7% YoY drop in net profit to ₹230.3 crore for the September quarter, even as revenue rose 5.5% to ₹5,123 crore. EBITDA fell 20.3% to ₹216.9 crore, with margins contracting to 4.2% from 5.6% due to cost pressures.
PI Industries | The company’s Q2 revenue fell 15.7% YoY to ₹1,872.3 crore, while net profit dropped 19.4% to ₹409.3 crore. Despite the decline, results beat CNBC-TV18 poll estimates, with EBITDA at ₹541.3 crore, above the expected ₹464.2 crore.
Godrej Industries’ | The company’s Q2 net profit fell 15.8% YoY to ₹242.4 crore, even as revenue rose 4.7% to ₹5,032 crore. EBITDA plunged 76.5% to ₹134.7 crore, with margins narrowing to 2.7% due to cost pressures and a high base.
PTC India |The company’s Q2 net profit fell 11.8% YoY to ₹191 crore, even as revenue rose 11.7% to ₹5,458 crore. EBITDA grew 17.7% to ₹274.6 crore, with margins improving slightly to 5% on better efficiency and contract mix.
Gujarat Fluorochemicals | The company’s Q2 net profit rose 47.9% YoY to ₹179 crore, driven by strong chemical segment growth. Revenue increased 1.9% to ₹1,210 crore, while EBITDA jumped 23.4% to ₹364 crore, with margins improving to 30% from 24.8%.
Torrent Power | The company’s Q2 net profit surged 50.5% YoY to ₹723.7 crore, driven by stronger merchant power and LNG sales. Revenue rose 9.8% to ₹7,876 crore, while EBITDA jumped 24.8% to ₹1,506 crore, with margins improving to 19.1%.
Eih | The parent of the Oberoi Group, reported a 12.4% YoY drop in Q2 net profit to ₹113.7 crore, even as revenue rose 1.5% to ₹597.9 crore. EBITDA fell 11.8% to ₹154.2 crore, with margins narrowing to 25.8% amid cost pressures.
Pearl Global Industries | The company reported a 25.5% YoY rise in Q2 FY26 profit to ₹73.3 crore, supported by strong growth in Vietnam and Indonesia. The company declared a ₹6 interim dividend and announced a ₹250 crore capex plan for expansion and sustainability.
Max Financial Services | The company reported a 96% YoY slump in Q2 net profit to ₹4.1 crore, hit by weak performance at Axis Max Life. While NII rose 13.9% to ₹131 crore, life insurance revenue fell 27% to ₹9,791 crore.

