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Indian corporate Q1 FY27 earnings

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-04 16:10 UTC → 2026-08-05 12:54 UTC · added removed

In mid‑July 2026, two Indian companies reported weaker earnings. Hospitality hospitality firm Oriental Hotels posted a 20 % drop in saw net profit fall 20 % to ₹5.3 crore, while crore and fintech broker Angel One saw posted a 27.8 % quarter‑on‑quarter decline, with profit falling decline to ₹231 crore and crore, with only modest revenue slipping modestly. slip. By early August, the earnings picture shifted for other sectors. State‑run state‑run Oil and Natural Gas Corporation (ONGC) announced reported a 112 % year‑on‑year surge in dramatic earnings rebound, posting a standalone net profit to of ₹17,034 crore, driven by higher crore—more than double the prior year—and revenue up 45 % to ₹46,460 crore. The surge was linked to a roughly 50 % jump in global crude‑oil realisations prices after the West Asia conflict, lifting crude realisation to $99.45 per barrel and new‑well boosting gas output, although its sales, including ₹3,998 crore from new‑well output. Despite higher standalone profit, ONGC’s consolidated profit fell due 43 % to losses ₹6,554 crore because of a large loss at HPCL. subsidiary Hindustan Petroleum Corporation Ltd (HPCL). Crude output slipped slightly to 4.45 million tonnes and gas output to 4.76 billion cubic metres. ONGC announced plans to invest over ₹40,000 crore in western offshore projects from FY28 onward. Meanwhile, PNB Housing Finance recorded a modest 4 % rise in net profit rise to ₹557 crore, with improvements in reflecting improved asset quality. The two reports illustrate divergent performance across Indian industries contrasting results highlight sectoral divergence in India’s Q1 FY27, with hospitality and fintech facing profit pressures under pressure while oil and housing finance housing‑finance firms posted gains. gains driven by commodity price dynamics and operational improvements.

Versions

  1. 2026-08-05 12:54 UTC Indian corporate Q1 FY27 earnings
  2. 2026-08-04 16:10 UTC Indian corporate Q1 FY27 earnings

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