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2 clusters · 4 sources · 6 days · First seen · Last updated

Indian corporate quarterly earnings reports

Overview

Major Indian corporations have reported divergent financial results for the 2026/27 fiscal period. ITC saw a 27.60 percent revenue increase to 295.23 billion INR, though its profit after tax declined to 45.09 billion INR.

Tech Mahindra reported strong growth, with revenue rising 15.60 percent year-on-year to 161.802 billion INR and profit after tax increasing by 32.70 percent. The company also secured new orders valued at 1.023 billion USD.

KPIT Technologies experienced a nearly 29 percent year-on-year decline in consolidated net profit, falling to approximately Rs 121 crore. The company attributed this to market pressure from major clients in Europe and Japan, though its shares rose 8 percent following positive management outlooks regarding operational efficiency and AI-led productivity.

Entities

Sachin Tikekar · KPIT Technologies · Caresoft · ITC · Kishor Patil

Timeline

  1. [BUSINESS] 2 sources
    KPIT Technologies shares rise despite decline in Q2 net profit

    KPIT Technologies shares rose 8% despite a 29% drop in Q2 net profit to Rs 121 crore, driven by client shifts in Europe and Japan, though revenue grew 6.5% and commercial vehicle segments rose.

  2. [BUSINESS] 2 sources
    Indian corporate earnings show mixed results for ITC and Tech Mahindra

    ITC saw revenue grow by 27.60 percent despite lower profits, while Tech Mahindra reported a 32.70 percent rise in profit and strong new order inflows.

Sources

ad-hoc-news.de · businesstoday.in · it-boltwise.de · news18.com