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Q2 Results LIVE Updates: Suzlon shares rise post earnings; revenue up 84%; TBO Tek shares surge 10%

Published on 04/11/2025 11:02 AM

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.

here

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.

here

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%.

here

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

Wagon Wheelsets’ Issue Has Been Resolved, Will Start Pdn By Q4FY26 Or Q1FY27

Ashok Sonthalia, CFO, Titan Q2, On CNBC-TV18:

Will See Around 20% Revenue In Jewellery Biz, 11-11.5% Margin In FY26

Minor Correction In Gold Prices Has Boosted Demand

Diamond Jewellery Is Seeing Better Buyer Interest

Have Seen Over 25% Growth In Q3 So Far

Buyers & Volumes Have Declined By 8-9% Due To Higher Gold Prices

Gold Jewellery (ex-coins) Sales Were Down 10% YoY

Some Strategy Shift 6–7 Quarters Ago Is Now Delivering Strong Results

Mid-teens To High-teens Growth In Eyewear Is Easily Possible

We Were Slower And More Focussed On Eye Care Than Fashion

Eyewear Is A Large Opportunity In India, Saw Some Disruptive Impact Due To GST

Fragrances And Women Bags Are Delivering 50%+ Margins

We Are Bringing In The Fashion Element, Eyewear Biz Is Profitable

Watches Margin Can Be 16%+

We Have A Good Story In Taneira, Need To Tell The Story Better

The stock is currently down over 2.5%.

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).

R. Mukundan, MD and CEO, Tata Chemicals, On CNBC-TV18:

UK Biz Is EBITDA Positive, Expected To Turn EBIT & PAT Positive By Q4FY26

UK Operations Had A One-off Impact Of Rs 65 Cr

US Remains A Concern, With Exports To South-East Asia Facing Headwinds

In South-East Asia, Prices Fell By $50/Tonne Amid Increased Supply From China

Gland Pharma shares are currently down 2.6%.

The company reported a 12.3% year-on-year rise in net profit to ₹184 crore for Q2 FY26, supported by steady growth in its injectables business. Revenue increased 5.8% YoY to ₹1,486.8 crore, while EBITDA grew 5.8% to ₹314 crore with margins stable at 21.1%.

 

 

3M India shares rise nearly 12%, Hitachi Energy is up 7%, SJS Enterprises is up 6.4%. Meanwhile, Power Grid shares decline nearly 3%

Thangamayil Jewellery extends gains, up nearly 30% this week

Shares of Power Grid Corporation of India Ltd. were down nearly 3% on Tuesday, November 4, after the company after the company reported its second quarter earnings on Monday.

The state-run company’s board also approved the first interim dividend along with the raising of funds via a line of credit.

Power Grid’s September quarter results were largely below Street estimates.

here

Shares of Route Mobile Ltd. fell as much as xx% on Tuesday, November 4, in response to its September quarter results that were reported after market hours on Monday.

Route Mobile reported a net loss of ₹21 crore during the quarter, compared to a net profit in the same quarter last year.The company reported a net loss due to an exceptional loss of ₹135.9 crore

here

The stock is currently up 4.2%

The company reported a 15.1% year-on-year increase in net profit to ₹329 crore in Q2 FY26, driven by 14.4% growth in net interest income (₹666.5 crore) and stronger asset quality. Gross NPA improved to 2.42% from 2.99%, while net NPA declined to 0.9%.

Bharti Airtel shares are up nearly 2% at the moment.

The company reported a 14.2% sequential rise in consolidated net profit to ₹6,791 crore for Q2 FY26, surpassing CNBC-TV18’s estimate of ₹6,600 crore. Revenue climbed 5.4% QoQ to ₹52,145 crore, while EBITDA grew 6.2% to ₹29,561 crore, driven by steady growth across mobile and enterprise segments.

Click here to track LIVE Updates

Citi On Bharti Airtel:

Buy Call, Target Price At Rs 2,225/Sh

Steady Q2, With India Mobile, Homes & Biz Segments Performing Slightly Above Expectations

India Mobile Revenue/EBITDA Grew 2.5-4% QoQ, With Higher ARPUs Offsetting Slightly Lower Subscriber Adds

Homes Revenue/EBITDA Increased Around 8.5% QoQ Driven By Strong Subscriber Adds

Airtel Business Revenue Growth Normalised To 4% QoQ

India (Ex-Indus) Capex Rose 32% QoQ, Though H1 Capex Remains Down 3% YoY

Shares of Power Grid Corporation of India Ltd. are in focus on Tuesday, November 4, after the company after the company reported its second quarter earnings on Monday.

The state-run company’s board also approved the first interim dividend along with the raising of funds via a line of credit.

Power Grid’s September quarter results were largely below Street estimates.

here

Shares of Power Grid Corporation of India Ltd. are in focus on Tuesday, November 4, after the company after the company reported its second quarter earnings on Monday.

The state-run company’s board also approved the first interim dividend along with the raising of funds via a line of credit.

Power Grid’s September quarter results were largely below Street estimates.

here

The company reported a 12.3% year-on-year rise in net profit to ₹184 crore for Q2 FY26, supported by steady growth in its injectables business. Revenue increased 5.8% YoY to ₹1,486.8 crore, while EBITDA grew 5.8% to ₹314 crore with margins stable at 21.1%.

The company reported a 14.2% sequential rise in consolidated net profit to ₹6,791 crore for Q2 FY26, surpassing CNBC-TV18’s estimate of ₹6,600 crore. Revenue climbed 5.4% QoQ to ₹52,145 crore, while EBITDA grew 6.2% to ₹29,561 crore, driven by steady growth across mobile and enterprise segments.

Nomura on Titan:

Buy Call, Target Price At Rs 4,275/Sh

In Q2 Sales Were Strong, Largely In –line With Pre-quarter Update

Margin Was A Bit Lower YoY But Strong Festive Demand Could Drive An Improving Outlook

Jewellery Sales In-line, Margin A Bit Lower

Watches Sales Growth Of 13% YoY Was Slightly Better Than Pre-quarterly Update Of 12% YoY

EyeCare Sales Growth Of 8.5% YoY Was In-line With The Pre-quarter Update

Emerging Businesses Sales Growth Of 34% YoY

TEAL Segment Reported Sales Growth Of 112% YoY

Net loss at ₹21.21 cr vs profit of ₹101.27 cr (YoY)

Revenue up 0.5% at ₹1,119.42 cr vs ₹1,113.41 cr (YoY)

EBITDA up 0.5% at ₹135.95 cr vs ₹135.23 cr (YoY)

Margin flat at 12% (YoY)

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