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Net Profit up 27.2% At Rs 3,109 Cr Vs Rs 2,445 Cr (YoY)

Revenue up 29.7% At Rs 9,167.5 Cr Vs Rs 7,067 Cr (YoY)

EBITDA up 27% At Rs 5,548 Cr Vs Rs 4,369 Cr (YoY)

Margin At 60.5% Vs 61.8% (YoY)

Bajaj Finance Ltd., the non-bank lender and part of Bajaj Finserv, on Tuesday, November 4, said it witnessed a strong surge in consumption finance during the festive season, disbursing a record number of consumer loans, up 27% in volume and 29% in value, compared to the same period last year.

The festive loan momentum, the company said in an exchange filing, was driven by the positive impact of GST reforms and changes in personal income tax.

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Net Profit down 4.3% At Rs 38.3 Cr Vs Rs 40 Cr (YoY)

Revenue up 28% At Rs 1,055.4 Cr Vs Rs 825.4 Cr (YoY)

EBITDA up 20.2% At Rs 76.7 Cr Vs Rs 63.8 Cr (YoY)

Margin At 7.3% Vs 7.7% (YoY)

Net profit down 10.8% at ₹52 cr vs ₹58.3 cr (YoY)

Revenue down 20.6% at ₹165.4 cr vs ₹208.2 cr (YoY)

EBITDA down 21% at ₹55 cr vs ₹69.4 cr (YoY)

Margin at 33.1% vs 33.3% (YoY)

Net Loss At ₹3 Cr Vs Profit Of ₹0.6 Cr (YoY)

Revenue Up 8.5% At ₹156 Cr Vs ₹143.4 Cr (YoY)

EBITDA Down 7.3% At ₹20.4 Cr Vs ₹22 Cr (YoY)

Margin At 13.1% Vs 15.3% (YoY)

Mobikwik expects to turn EBITDA positive in H2FY26 if current trends sustain. It has taken ₹11.8 crore in provisions as a precaution following a recent fraud incident and appointed independent auditors to strengthen checks. Management added that the company now has “enough guardrails to react quickly to one-off instances.”

Thangamayil Jewellery extends gains, up 13% today, management tells CNBC-TV18, will cross more than ₹7,000 crore revenue in FY26 vs earlier guidance of ₹6,000 crore.

SM Lakshmanan, Thangamayil Jewellery Q2, To CNBC-TV18

October Revenue Crosses Rs 1,000 Cr For The First Time Ever

Will Cross Over Rs 7,000 Cr Revenue In FY26 Vs Earlier Guidance Of Rs 6,000 Cr

EBITDA Gain Is Primarily Driven By Operational Performance

Chennai Expected To Account 20% Of Sales In FY26, Vs None Earlier

Will Maintain Margin At 6%

Will Focus On Growth In And Around Chennai Over The Next 2 Years

Will Better H1’s 36% Revenue Growth Rate In H2

Stovekraft On CNBC-TV18:

Confident Of Double-Digit Growth For FY26

Post-Diwali Demand Remains Strong

Cooker Segment To Drive Demand

All Channels Expected To Perform Well

GT Business Returning To Normalcy

Exports To Continue Growing Post Tariff Cooldown

Exports Account For 12% Of Revenue, Expected To Increase

Some Churn Seen In Cookware Segment

Volume Appears Lower Due To Premiumization

Cookware Segment Experiencing Strong Demand With New Categories

Value Growth Strong In Cookware

10% Volume Growth In H1 Likely To Sustain In H2

The stock is currently up 7.4%.

The company reported a 51.4% year-on-year rise in net profit to ₹43 crore for Q2 FY26, driven by robust growth in both the two-wheeler and passenger vehicle segments. Revenue climbed 25.4% YoY to ₹241.7 crore, while EBITDA jumped 36.8% to ₹68.4 crore, with margins improving to 28.3% from 26% last year.

The stock is currently down 3.6%.

The company posted a 22.9% YoY rise in net profit to ₹305 crore for Q2 FY26, supported by improved margins despite flat revenue at ₹1,632 crore. EBITDA grew 13.4% to ₹314.5 crore, with margins expanding to 19.3% from 17%. The company declared an 850% interim dividend (₹17 per share).

MobiKwik reported a net loss of ₹29 crore for the September quarter. It had reported a net loss of ₹4 crore during the same quarter last year. MobiKwik’s net loss narrowed from the ₹41.9 crore it had reported during the June quarter.

The company’s revenue from operations during the September quarter fell by 7% to ₹270 crore, compared to ₹291 crore during the same period last year. On a sequential basis, topline was flat as against ₹271.3 crore in the previous quarter.

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Bajaj Finance Says:

Have Recorded 27% Increase In Festive Loan Volume

Festive Season Loan Volume Up 27% & Value Up 29% YoY

Acquired 23 Lakh New Customers In September 22-October 26, 2025 Period

Over Half Of Our New Customers During This Festive Season Are New-To-Credit

Net Loss At Rs 29 Cr Vs Loss Of Rs 41.9 Cr (QoQ)

Revenue down 0.4% At Rs 270.2 Cr Vs Rs 271.3 Cr (QoQ)

EBITDA Loss At Rs 15.50 Cr Vs EBITDA Loss Of Rs 41.50 Cr (QoQ)

The stock is currently down 5.3%.

It reported a net loss of Rs 29 crore in the September quarter compared to a loss of Rs 4 crore last year.

Its revenue declined 7.2% to Rs 270 crore from Rs 291 crore in the year-ago period.

Its EBITDA loss was at Rs 15.7 crore compared an EBITDA of Rs 4 crore in the second quarter last year.

Net Loss At Rs 29 Cr Vs Loss Of Rs 4 Cr (YoY)

Revenue down 7.2% At Rs 270 Cr Vs Rs 291 Cr (YoY)

EBITDA Loss At Rs 15.7 Cr Vs EBITDA Of Rs 4 Cr (YoY)

Suzlon Energy shares are currently up 1.99%.

The company’s tax write-back aided its net profit and its order book is at a record high of 6.2 GW.

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3M India shares are currently up 16.7%.

Revenue rose 14% year-on-year to ₹1,266 crore, while EBITDA jumped 33% to ₹268 crore. Margins improved to 21.2% from 18.1% a year earlier, driven by broad-based strength across all four business segments.

The Healthcare, Consumer, Transportation & Electronics, and Safety & Industrial divisions each recorded double-digit growth in the range of 12–15%.

As many as four companies witnessed sharp gains on Tuesday, November 4, as investors cheered their September-quarter earnings.

Shares of 3M India, Hitachi Energy India, TBO Tek, and Thangamayil Jewellery jumped between 11% and 18% amid strong operational performance and improved profitability.

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Shares of Suzlon Energy Ltd. recovered from the lows of the day in response to its quarterly results that were reported on Tuesday, November 4.

The company’s net profit surged to ₹1,278 crore from ₹200 crore during the same quarter last year. The profit was aided by a tax write-back of ₹718 crore. Even after the adjustment, the profit would still be up by more than 100% on a year-on-year basis.

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The stock is rising sharply post earnings. It is currently up 1%.

It reported a Q2 net profit of Rs 1,279 crore compared to Rs 200 crore last year. The net profit boost was on the back of tax write-back of Rs 718 crore. Its revenue increased 84%, EBITDA was at Rs 720 crore compared to Rs 293.4 crore and its margins expanded to 18.6% from 14% in the year-ago period.

Net Profit At Rs 1,279 Cr Vs Rs 200 Cr (YoY)

Tax Write-back At Rs 718 Cr Vs Nil (YoY)

Revenue up 84% At Rs 3,870 Cr Vs Rs 2,103 Cr (YoY)

EBITDA At Rs 720 Cr Vs Rs 293.4 Cr (YoY)

Margin At 18.6% Vs 14% (YoY)

Sunil D’Souza, MD & CEO, Tata Cons:

Was a Good Quarter For Us, With 18% Topline Growth & Strong Volumes

Salt Market Share Stands At 40%, With Growth In Both Volume & Margin

Tea Prices Have Dropped 20% From The Peak

Tea Prices Are Expected To Remain Benign Going Forward

Gross Margins in the Tea Business Are Expected to Be Maintained at 34–36%.

Targeting 15% Margin By Q4

Salt Market Share Is at 40%, With a Target to Maintain It

Tea Mkt Share Stands at 20–22%, With A Plan To Grow Both Volume & Value Consistently

Will Cross `1,000 Cr Revenue In NourishCo This Year

Slowed Down Starbucks Expansion But The Opportunity Remains

The stock is currently up 10.3%.

The company reported a 12.5% year-on-year rise in Q2 FY26 net profit to ₹68 crore, driven by strong travel technology and distribution demand. Revenue grew 26% YoY to ₹567.5 crore, while EBITDA rose 17% to ₹88.2 crore with margins at 15.5%. The company continues to expand its global travel network, linking airlines and hotels with tour operators and agencies worldwide.

M&M to report Q2 earnings today, mixed Q2 expected, auto volumes likely to boost revenue

SBI to report Q2 results today; NII expected to decline 2% YoY, NIMs likely to moderate to 2.84%, other income stable

Titan shares are up 1.8% at the moment,

Titan Company Ltd reported a strong second-quarter performance for FY26, with net profit rising 42.7% year-on-year to ₹1,006 crore, though it came in slightly below CNBC-TV18’s estimate of ₹1,051 crore.

Revenue climbed 25.1% YoY to ₹16,534 crore, surpassing analyst projections of ₹15,060 crore, while EBITDA grew 43% YoY to ₹1,620 crore.

Operating margins improved to 9.8% from 8.6% a year ago but fell short of the Street’s 11% forecast.

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Brokerage firm JM Financial downgraded shares of Central Depository Services Ltd. (CDSL) after its September quarter results. The stock is down in fifth out of the last six trading sessions today.

JM Financial downgraded the stock to “reduce” from its earlier rating of “hold”. CDSL’s price target was left unchanged by JM Financial at ₹1,500 per share, which implies a potential downside of 6% from Monday’s closing price.

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Shares of Bharti Airtel gained 3% to hit a record high on Tuesday, November 4, extending gains for the second consecutive session. The stock touched an all-time high of ₹2,135.60 and emerged as the top gainer on the Nifty 50 index in today’s trade.

The telecom major reported a better-than-expected performance, driven by stronger-than-anticipated results in both its India and Africa operations. Consolidated revenue rose 5.4% against estimates of 3.1%, while India revenue rose 2.6%, compared to expectations of 2.2%.

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Umesh Chowdhary, VC & MD, Titagarh Rail Systems On CNBC-TV18:

Will Do 120 Metro Coaches This Year, 220 Next Year & 250-230 Coaches In FY28

Execution For This Metro Order Begins In 14 Months, Will Span 18 Months

Orderbook Stands At Around `30,000 Cr, Also Have A 5-yr AMC For The Order

New Tenders To Come Out By Q4FY26 Or Q1FY27, Govt Is Targetting 3 Bn Tonnes By 2030

Potential Revenue Is Higher Than Current Levels Today

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