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Q2 Results LIVE Updates: Reliance Industries gain 1.2% ahead of earnings; Anupam Rasayan down 3.5%

Published on 17/10/2025 11:57 AM

Anupam Rasayan reported a revenue of ₹731.3 crore as against ₹294 crore from the same quarter last year.

The profit numbers stood at ₹44 crore, compared to ₹16.6 crore.

The company’ Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 69% to ₹135.7 crore from ₹80.4 crore during the same quarter last year.

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Revenue Up 1%, Number Of Vehicles Sold Up 2% YoY

Honda & Piaggio Volume & Revenue Was Till August 2025

Click here for minute-by-minute updates on Reliance Q2 earnings

UBS LTIMindtree To CNBC-TV18

We Intend To Reach To Double-digit Revenue Growth In H2FY26, Most Likely Q4

Too Early To Talk About FY27

There Is An Opportunity To Improve & Sustain Margin

Ahead Of Our Plan Announced In Q1 To Expand Margins By 100 bps

Wage Hikes Expected Between January & April

Sent 250-300 Employees On H-1B Visa In FY25

50% Of US Employees On H-1B Visa

Plan In Place To Strengthen Near Shore Delivery Centre & Offshore

Reliance Industries shares are currently up 1.2.

The company is reporting its second quarter earnings later today.

Mastek On CNBC-TV18

Demonstrating Tangible AI-driven ROI and efficiencies

NHS Order Won In A Space Beyond Infosys’s Competition

Strong Growth In UK Business

New Hands-on Leader Driving US Business Forward

Improved Revenue Per Employee With AI-led Efficiencies

Sharing Some Client Benefits While Retaining Others

ICICI Bank is set to report its Q2 FY26 earnings tomorrow, October 18, 2025. Expect commentary around the net interest margin (NIM) trajectory, improvement in loan growth & trends in asset quality

Ajay Kumar Srivastava, MD & CEO, Indian Overseas Bank Q2, On CNBC-TV18

Proactively Started To Address Repo Rate Cuts 9 Months Ago

Strong Pricing And Selective Lending Supported NIMs

Domestic NIMs To Remain In The Range Of 3.3-3.35%

Repo-linked Book Is Now Around 40%, Down From 60% 9 Months Ago

Deposit Growth Reflects Composition, With Less Reliance On Bulk Deposits

Deposit Growth Can Reach 13-14% By Focussing More On Bulk Deposits

Priority Is To Bring CASA Deposits

Slippage Ratio Is Around 0.1%, Do Not See Any Pressure Further

Delayed Shift To New Tax Regime To Protect P&L

RoAs Will Be Protected And It Will Further Improve

No Regulator Communication Yet On PSU Banking Consolidation

Corporate Growth Is Low Due To Pricing Issues And Alternative Funding Sources

Have `1,400 Cr MFI Exposure, With Just 2% NPA

Net Profit At Rs 44.3 Cr Vs Rs 16.6 Cr (YoY)

Revenue At Rs 731.3 Cr Vs Rs 294 Cr (YoY)

EBITDA up )69% At Rs 135.7 Cr Vs Rs 80.4 Cr (YoY)

Margin At 18.6% Vs 27.4% (YoY)

HSBC On LTIMindtree: 

Buy Call, Target Price At Rs 6,370/Sh

Q2FY26 Results Exceeded Expectations, Reflecting Continued Improvement In Fundamentals

Over The Medium To Long Term, Co’s Growth Is Expected To Be Nearly Double

Offers Strong Growth Momentum At Reasonable Valuations

Ambarish Kenghe, Group CEO, Angel One Q2 On CNBC-TV18

Have Not Heard About Any Regulatory Changes w.r.t Weekly Expiries

Pricing Changes Expected To Boost PBT By `50-60 Cr

Cash Market Deepening Remains Strong

Large Part Of F&O Broking Revenue Comes From Outside Of Weekly Expiries

Confident In Meeting Margin & Growth Guidance, FY26 OPM Guidance At 40-45%

Life Insurance Is Mostly Sold Physically, We Aim To Grow Digitally As Well

Don’t Overinterpret MoM Market Share Changes

Silver And Gold Rally Has Improved Volumes In Commodities

 

The stock is currently off its day’s low, trading 0.4% up.

The compay will report its earnings today

 

 

Shares of AU Small Finance Bank are trading 1.5% lower at the moment.

The lender is set to report its September quarter results today.

HDFC Bank is set to report its Q2 earnings tomorrow. It’s among the few major banks expected to post a YoY increase in PAT, estimated to rise 3%.

Net interest income (NII) is likely to grow 4% YoY, while non-interest income may see a 10% YoY rise

16 out of the 47 analysts who have coverage on Wipro have a “sell” rating on the stock. 13 of them say “buy”, while the remaining 18 have a “hold” rating.

Analysts tracking the stock have mixed views on the road ahead for Wipro after its quarterly results.

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Wipro Q2, To CNBC-TV18:

3 Out Of 4 Of The Strategic Market Units Up QoQ

Capco Has Seen Growth QoQ

Q2 Deal Wins Strong At $4.7 Bn, H1 At $9.5 Bn

Q3 Guidance Bakes In Some Of The Deals Won In H1

Have A Robust Deal Pipeline Even After Strong Deal Wins In H1

Deal Wins Linked To Cost Optimisation And Vendor Consolidation

Infusing AI To Bring In More Productivity And Efficiency For Clients

Client Bankruptcy Impacted Margin By 50 bps In Q2

Margin Tailwinds Were ` Depreciation, Utilisation & Fixed Price Improvement In Productivity

Margins Headwinds In Q2 Were Investments Made For Large Deals

Q3 Will Be Impacted By Seasonal Furloughs

Not Decided Yet On Wage Hikes Given The Macro Uncertainty

Onboarded 2,900 Campus Hires In Q2

Will Have Limited Impact Due To H-1B Visa Hike As 80% Of Our US-based

Metro Brands shares are currently off lows but still trading 2% in the red.

The footwear chain reported a net profit of ₹69 crore for the second quarter, down 4.2% year-on-year from ₹72 crore in the same period last year.

The company’s revenue increased 11.2% to ₹651 crore, compared with ₹585.5 crore in Q2 FY2025.

Click here to read a round up of its earnings report

JSW Infra shares are currently down 2.8%.

The company reported a 2.8% year-on-year decline in net profit to ₹361.2 crore for Q2 FY26, even as revenue from operations rose 26.4% to ₹1,265.6 crore. EBITDA dropped 24% to ₹513.6 crore, while margins contracted sharply to 40.6% from 67.5% a year ago.

Wipro shares are down over 4% post Q2 earnings

 

On Wall Street, Infosys’ ADRs (American Depositary Receipt) were the first to react, falling 2.25% to $16.07 after results. In India, the stock had ended flat at ₹1,471.50 ahead of the announcement.

Infosys reported a 2.2% quarter-on-quarter constant currency (CC) revenue growth in Q2FY26, slightly above estimates of 1.8%. However, EBIT margins came in at 21%, missing expectations of 21.3%.

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Wipro shares are down 4% at the moment.

The IT services company said it expects revenue from its IT services business to be in the range of $2,591 million to $2,644 million for the quarter ending December 31, 2025.

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Nomura has a “buy” rating on Wipro with a target price of Rs 280 per share.

It said:

Q2FY26 Was A Beat On Most Parameters

Deal Wins Remain Strong

Co Aims To Maintain EBIT Margin Within A Tight Band Despite Headwinds

Co’s FY27 Dividend Yield Is 4%, Stock Is Currently Trading At 19.8x FY27 EPS

Jefferies On Infosys

Buy Call, Target Price At Rs 1,700/Sh

Q2 Performance Was In-line With 2.2% QoQ CC Revenue Growth & $3.1 Bn In Large Deal Wins

Co Raised The Lower End Of FY26 Growth Guidance By 100 Bps To 2-3% YoY CC

Co Raising the Lower End Of FY26 Growth Guidance Signals A Soft H2FY26 Despite Strong Deal Wins

Expect 6% EPS CAGR Over FY26-28

Brokerage firm Investec has initiated coverage on Nifty 50 heavyweight Reliance Industries Ltd. with a “buy” recommendation on Friday, October 17, the day the company reports its results for its September quarter after market hours.

Investec has a price target of ₹1,890 on the stock, which indicates a potential upside of 30% from Thursday’s closing levels. It also called Reliance Industries one of India’s most attractive large-cap risk-reward opportunities.

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Brokerage firm Investec has initiated coverage on Nifty 50 heavyweight Reliance Industries Ltd. with a “buy” recommendation on Friday, October 17, the day the company reports its results for its September quarter after market hours.

Investec has a price target of ₹1,890 on the stock, which indicates a potential upside of 30% from Thursday’s closing levels. It also called Reliance Industries one of India’s most attractive large-cap risk-reward opportunities.

here

Brokerage firm Investec has initiated coverage on Nifty 50 heavyweight Reliance Industries Ltd. with a “buy” recommendation on Friday, October 17, the day the company reports its results for its September quarter after market hours.

Investec has a price target of ₹1,890 on the stock, which indicates a potential upside of 30% from Thursday’s closing levels. It also called Reliance Industries one of India’s most attractive large-cap risk-reward opportunities.

here

The company reported a 41% year-on-year surge in revenue to ₹981.4 crore for Q2FY26, driven by growth in lending, asset management, and payments. Net profit stood at ₹695 crore, nearly flat YoY, while operational income rose fivefold to ₹317 crore, surpassing treasury gains for the first time.

The IT services firm reported revenue of ₹22,641 crore for the September 2025 quarter, a 2.5% sequential rise but slightly below estimates. IT EBIT grew 6% QoQ to ₹3,783 crore, with margins improving to 16.7%. Net income stood at ₹3,250 crore, down 2.5% sequentially but up 1.2% year-on-year. For Q3 FY26, Wipro expects IT services revenue between $2,591 million and $2,644 million, implying -0.5% to +1.5% sequential growth in constant currency, excluding contributions from its recent Harman Digital Transformation Solutions acquisition.

The IT major reported 2.2% sequential constant currency revenue growth in Q2FY26, beating estimates. The company raised its full-year revenue growth guidance to 2–3% while maintaining EBIT margin guidance at 20–22%. It also declared a ₹23 per share dividend, with October 27, 2025, as the record date.

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