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The company posted a consolidated net profit of ₹154 crore for Q2 FY26, reversing a ₹138 crore loss last year. Revenue surged 95% to ₹735 crore, while EBITDA nearly doubled to ₹299 crore. The company also announced its maiden interim dividend of ₹1 per share.

The company reported a 23.6% YoY drop in net profit to ₹206 crore for Q2 FY26, even as revenue rose 1.9% to ₹2,827 crore. EBITDA slipped 19% to ₹352 crore, with operating margins easing to 12.4% from 15.6%.

Shares of India’s largest lender, State Bank of India (SBI) are likely to test levels of as high as ₹1,170, over the next 12 months, according to the highest price target given by analysts tracking the stock.

50 analysts have coverage on SBI currently, out of which 41 of them have a “buy” rating on the stock, eight say “hold”, while one has a “sell” rating.

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CLSA On Paytm:

Underperform Call, Target Price At Rs 1,000/Sh

Reported EBITDA Of `140 Cr In Q2FY26 Vs Adjusted EBITDA Estimate Of `130 Cr

Co Stopped Disclosing ESOP Expenses, A Direct Comparison Is Difficult, But It Was Clearly A Beat

Payment GMV Growth Of 6% QoQ Was Largely In-line With The Est

Net Take Rate Was 0.5 bps Higher Than Estimates, Partly Due To Early Festive Season

Loan Distribution Revenue Was Healthy But Marketing Services Revenue Remained Weak

Company Continues To Focus On Opex Rationalisation

Co Took A One-time `190 Cr Hit From Writing Off A Loan To Its Online Gaming JV Following Regulatory Changes

The hospitality firm reported a 48.6% YoY drop in net profit to ₹285 crore for Q2 FY26, excluding last year’s one-off gain. Revenue rose 11.8% to ₹2,041 crore, while EBITDA grew 14% to ₹572 crore with margins improving to 28%.

The operator of IndiGo, posted a net loss of ₹2,582 crore for Q2 FY26, widening from ₹988.8 crore a year ago. Revenue rose 9.3% to ₹18,555 crore, while EBITDA surged 85% to ₹3,472 crore, but heavy forex losses impacted overall profitability.

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