Company Results

JSW Cement posted a consolidated net profit of Rs 75.36 crore for the second quarter, reflecting a notable improvement over the previous year, driven by higher sales and operational efficiency. Revenue rose on the back of robust demand across key markets and strategic pricing measures, highlighting the company’s resilience amid fluctuating input costs. Analysts note that JSW Cement’s focus on premium products, cost optimization, and geographic diversification contributed to the earnings growth.

Real estate developer Signature Global (India) Ltd reported a consolidated net loss of Rs. 46.86 crore for the quarter ended September 30, 2025, compared with a profit of Rs. 4.15 crore in the same period last year. Total income for the quarter fell sharply to Rs. 372.51 crore from Rs. 777.42 crore, reflecting over a 50 percent decline. Despite maintaining its pre‑sales target of Rs. 12,500 crore for FY26, the results highlight challenges in revenue recognition, booking momentum, and execution.

FSN E-Commerce Ventures Ltd, the parent company of Nykaa, reported a sharp 63% year-on-year surge in consolidated net profit to Rs 34 crore for the September quarter (Q2 FY25), driven by robust consumer demand across its beauty and fashion verticals. Revenue from operations climbed 22% to Rs 1,856 crore, buoyed by higher order volumes, improved operating leverage, and strong festive season momentum.

Renault India reported a 21% year-on-year increase in sales for October 2025, driven by strong festive season demand and the continued popularity of its compact SUV and MPV lineup, notably the Kiger and Triber. The automaker dispatched 4,672 units during the month, up from 3,861 units in October last year, marking one of its best monthly performances of the year. The surge aligns with the broader recovery in India’s passenger vehicle market, where improved consumer sentiment, new launches, and holiday incentives have spurred dealership footfall and retail growth.

Bharti Hexacom Ltd., a subsidiary of Bharti Airtel, reported a robust 66% year-on-year rise in net profit for the quarter ended September 2025, reflecting the company’s strong operational performance and sustained subscriber expansion. The telecom operator posted a profit of Rs. 281 crore, driven by rising average revenue per user (ARPU), efficient cost management, and steady data consumption growth. Revenue also increased 8% year-on-year to Rs. 1,850 crore, highlighting improved traction in its key markets of Rajasthan and the Northeast.

City Union Bank Ltd. (CUB) reported a 15% year-on-year (YoY) increase in net profit for the second quarter of FY25, reaching Rs 329 crore, driven by healthy loan growth and improved asset quality. The bank’s net interest income (NII) rose modestly, supported by steady margins despite a competitive lending environment. Strong advances in the retail and MSME segments, along with effective cost management, contributed to the bottom-line expansion.

Diversified conglomerate ITC Ltd reported a net profit of Rs 5,186.5 crore for the second quarter (Q2), reflecting resilience across its core businesses despite a challenging economic backdrop. The company’s robust performance was supported by steady growth in its FMCG, hotels, and agri-business divisions, even as its cigarettes segment faced subdued demand. Revenue came in at Rs 17,705.5 crore, demonstrating stability amid cost pressures and market headwinds.

Ashok Leyland Ltd., one of India’s leading commercial vehicle manufacturers, posted a robust 16% year-on-year increase in sales for October, reflecting a steady resurgence in industrial and logistics activity. The company’s strong performance was powered by higher demand across medium and heavy commercial vehicles (M&HCVs), as well as growth in the light commercial vehicle (LCV) segment. Analysts attribute this uptick to festive-season momentum, infrastructure expansion, and fleet modernization.

Swiggy, one of India’s leading food delivery and quick-commerce platforms, reported a net loss of Rs 1,092 crore for the second quarter, marking a substantial widening from the previous year. Despite continued revenue growth, the company’s profitability remains under pressure due to escalating marketing expenses, increased competition, and expansion into new business verticals like Instamart. The results reflect the broader challenges confronting India’s food-tech sector, as players balance growth ambitions with the pursuit of sustainable margins.

Radico Khaitan Ltd., one of India’s leading spirits manufacturers, reported a sharp 73% year-on-year rise in its consolidated net profit to Rs. 140 crore for the second quarter of FY25, driven by strong growth in its premium liquor segment and improved operational efficiency. Revenue for the quarter climbed 15% to Rs. 1,090 crore, supported by robust consumer demand and a favourable product mix. The company’s focus on premiumization and cost optimization initiatives significantly boosted margins.