loader2
Login Open ICICI 3-in-1 Account

Nifty 100 Low Volatility 30 Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Asian Paints Ltd. 12 Nov 2025 15:29 PM

Q2FY26 Quarterly Result Announced for Asian Paints Ltd.

Paints company Asian Paints announced Q2FY26 results

  • Q2FY26 Consolidated Net Sales at Rs 8,514 crore, up 6.4%.
  • Q2FY26 Standalone Net Sales at Rs 7,336 crore, up 5.8%.
  • Q2FY26 Consolidated PBDIT at Rs 1,503 crore, up 21.3%.
  • Interim Dividend of Rs 4.5 per share (450%).

Amit Syngle, Managing Director & CEO, Asian Paints, said: “This was a quarter of focused innovation, good execution and regionalisation of initiatives, resulting in a strong performance. We saw an improvement in our domestic decorative business with a double-digit volume growth of 10.9% and a 6% increase in value, despite the challenges posed by an extensive and prolonged monsoon. This growth was driven by our ability to generate demand across urban and rural areas through various regional activations and intense marketing /brand building measures. Growth was further accelerated by enhanced performance in our Automotive and Industrial Protective Coatings segments, contributing to an overall 6.7% value growth in the domestic coatings business. In the International business, we delivered double-digit revenue growth, led by key markets in South Asia, the Middle East and Africa. While the Home Décor business continues to navigate headwinds, our progress with Beautiful Homes stores is promising. Our ongoing efforts to elevate cost efficiencies have delivered positive results, allowing us to increase our profit margins even as we increased investments in our brand and retailing initiatives. The business landscape continues to be challenging and highly dynamic. However, we remain steadfast in our commitment to strengthening our brand saliency and driving innovation, to deliver sustained performance and create value for all our stakeholders.”

Result PDF

Holding Companies company Bajaj Finserv announced Q2FY26 results

  • Consolidated total income: Rs 37,403 crore vs Rs 33,704 in Q2FY25 crore change 11%.
  • Consolidated profit after tax: Rs 2,244 crore vs Rs 2,087 in Q2FY25 crore change 8%.
  • Bajaj Finance. consolidated profit after tax: Rs 4,876 crore vs Rs 4,000 in Q2FY25 crore change 22%.
  • Bajaj General, profit after tax: Rs 517 crore vs Rs 494 in Q2FY25 crore 5%.
  • Bajaj Life, net value of new business (VNB): Rs 367 crore vs Rs 245 in Q2FY25 crore 50%.

Result PDF

Pharmaceuticals company Torrent Pharmaceuticals announced Q2FY26 results

  • Revenue at Rs 3,302 crore against 2,889 crore during Q2FY25, up by 14% YoY.
  • Op. EBITDA at Rs 1,083 crore against 939 crore during Q2FY25, up by 15% YoY.
  • Op. EBITDA margin at 32.8%; Gross Margin: 76%.
  • Net Profit after tax at Rs 591 crore against 453 crore during Q2FY25, up by 30% YoY.

Result PDF

2/3 Wheelers company Bajaj Auto announced Q2FY26 results

Financial Highlights:

  • Revenue from operations set a new Company best at ~Rs 15,000 crore, propelled by a richer mix of vehicles and best ever spares sales 
  • EBITDA surpassed the Rs 3,000 crore milestone for the first time, with margin stepping up to 20.5%.
  • PBT stood at Rs 3,295 crore in Q2FY26 compared to Rs 2,925 in Q2FY25
  • PAT stood at Rs 2,480 crore in Q2FY26 compared to Rs 2,005 crore in Q2FY25

Business Highlights:

  • Domestic business delivered record revenue, as stepped up growth on premium bikes and double digit growth on CVs led the way
  • Exports set the pace with a standout performance as it accelerated momentum (revenue 35% YoY) across regions and 2Ws/3Ws
  • Domestic Motorcycles saw sequential volume-led double digit revenue growth, driven by the sport segment particularly at the top end
  • KTM Triumph duo powered their biggest ever quarter with domestic retail sales exports billing of >60,000 bikes, up ~70% YoY
  • Commercial Vehicles scaled a new pinnacle on volumes and revenue, led by the strong show on both ICE and electric fronts
  • While the quarter was supply disrupted, Chetak regained leadership in October, reinforcing its position as the preferred EV scooter
  • Continued emphasis on cash generation drove ~Rs 4,500 crores of free cash flow in H1FY26, a conversion of nearly 100% of PAT

Result PDF

Pharmaceuticals company Sun Pharmaceutical Industries announced Q2FY26 results

  • Sales at Rs 1,44,052 million, a growth of 8.6%.
  • Global Innovative Medicines sales stood at USD 333 million, up 16.4% and accounting for 20.2% of sales.
  • EBITDA was Rs 45,271 million, up 14.9%. EBITDA margin was 31.3%.
  • Profit before exceptional items and tax was Rs 41,676 million, up 15.8%.
  • Net profit was Rs 31,180 million, up 2.6%.
  • R&D investment was Rs 7,827 million or 5.4% of sales.

Kirti Ganorkar, Managing Director, said: “India, Emerging Markets and Rest of World led our growth for the period. US sales of Innovative Medicines have surpassed Generics for the first time during the quarter. We remain focused on broadening our portfolio while strengthening in-house talent pool and execution capability.”

Result PDF

State Bank of India announced Q2FY26 results

Financial Highlights:

  • Business crossed Rs 100 Trillion and RAM Portfolio crossed Rs 25 Trillion
  • Net Profit for Q2FY26 stands at Rs 20,160 crore witnessing a growth of 9.97% YoY.
  • Operating Profit for Q2FY26 up by 8.91% YoY to Rs 31,904 crore.
  • Bank’s ROA and ROE for the half year stand at 1.15% and 20.21% respectively
  • Net Interest Income (NII) for Q2FY26 increased by 3.28% YoY.
  • Whole Bank and Domestic NIM for the half year stand at 2.93% and 3.05% respectively.
  • Whole Bank NIM for Q2FY26 is at 2.97% and Domestic NIM is at 3.09%.
  • Whole Bank Advances growth at 12.73% YoY with Domestic Advances growth at 12.32% YoY.
  • Foreign Offices’ Advances grew by 15.04% YoY.
  • Retail Advances grew by 15.09% YoY, led by SME Advances growth at 18.78% YoY followed by Agri Advances growth at 14.23% YoY and Retail Personal Advances growth at 14.09%.
  • Corporate Advances registered YoY growth of 7.10%.
  • Whole Bank Deposits grew by 9.27% YoY. CASA Deposit grew by 8.06% YoY. CASA ratio stands at 39.63% as on 30 th September 25.
  • Gross NPA ratio at 1.73% improved by 40 bps YoY.
  • Net NPA ratio at 0.42% improved by 11 bps YoY.
  • Provision Coverage Ratio (PCR) improved by 13 bps YoY and stands at 75.79% while PCR (incl. AUCA) improved by 8 bps and stands at 92.29%.
  • Slippage Ratio for H1FY26 improved by 8 bps YoY and stands at 0.60%. Slippage Ratio for Q2FY26 improved by 6 bps YoY and stands at 0.45%
  • Credit Cost for Q2FY26 stands at 0.39%.
  • Capital Adequacy Ratio (CAR) as at the end of Q2FY26 stands at 14.62%.

Result PDF

Telecom Services company Bharti Airtel announced Q2FY26 results

  • Overall customer base stands at ~624 million across 15 countries.
  • Total revenues at Rs 52,145 crore, up 25.7% YoY.
  • EBITDA at Rs 29,919 crore, up 35.9% YoY; EBITDA margin at 57.4%.
  • EBITDAaL at Rs 26,600 crore, up 42.0%YoY; EBITDAaL margin at 51.0%.
  • EBIT at Rs 16,669 crore, up 51.6% YoY; EBIT margin at 32.0%.
  • Net Income (before exceptional items) at Rs 6,792 crore.
  • Capex for the quarter at Rs 11,362 crore.

Gopal Vittal, Vice- Chairman & MD, said: We delivered another quarter of solid performance, achieving a consolidated revenue of Rs 52,145 crore growing 5.4% sequentially and underscoring the strength of our portfolio. Our India revenue, including Passive Infrastructure Services, increased by 2.9%. Africa delivered another quarter of standout performance with constant currency revenue growth of 7.1%.

India Mobile business delivered 2.6% revenue growth, adding 5.1 million smartphone customers, maintaining an industry-leading ARPU of ?256 led by continued premiumization of portfolio and a steadfast focus on quality customers. The Postpaid segment recorded one of the highest quarterly net additions of ~1 million.

Our Homes business sustained strong momentum with 951K net customer additions and sequential revenue growth of 8.5%. IPTV services continue to gain strong traction, driving our connected homes priority. Airtel Business reported strong results with 4.3% sequential revenue growth. We saw multiple deal wins across Connectivity, IOT and security business.

Our solid balance sheet is a reflection of disciplined capital allocation, continued deleveraging and sustained operational excellence.

Result PDF

Cars & Utility Vehicles company Maruti Suzuki India announced Q2FY26 results

  • Domestic wholesales declined 5.1% year on year to 4,40,387 units in the quarter due to customers deferring buying because of expectation of GST led price reduction from 22nd September.
  • Exports grew by a robust 42.2% to 110,487 units, the highest-ever in any quarter. The overall sales volume grew 1.7% to 550,874 units in the quarter.
  • During the quarter, the Company registered its highest-ever Net Sales of Rs 4,01,359 million against Rs 3,55,891 million in Q2FY25.
  • The Net Profit for the quarter increased to Rs 32,931 million from Rs 30,692 million in Q2FY25, a growth of 7.3%.

Result PDF

Specialty Chemicals company Pidilite Industries announced Q2FY26 results

  • Net sales for the quarter at Rs 3,540 crore grew by 9.8% over Q2FY25.
  • Gross Margins improved by 67 bps compared to Q2FY25 due to lower input costs.
  • EBITDA before non-operating income at Rs 851 crore grew by 10.7% over Q2FY25.
  • PAT: Rs 585 crore compared to Rs 540 crore during Q2FY25.

Sudhanshu Vats, Managing Director, Pidilite Industries, said: “The Company delivered double digit underlying volume growth with sequential improvement and healthy operating margins, even in a challenging macro-economic environment. As we look ahead, we remain optimistic. The domestic operating environment is expected to improve, aided by favourable monsoons, and the indirect cascading impact of GST 2.0 on our demand coupled with accelerated growth in the construction sector driven by benign interest rates and enhanced liquidity. At the same time, we remain vigilant to geopolitical developments, given their potential to disrupt supply chains and create uncertainty around global tariffs.

We are firmly committed to our strategic agenda of driving consistent, profitable, volume-led growth through continued investment in our brands, supply chain, and people.”

Result PDF

Tobacco Products company ITC announced Q2FY26 results

Consolidated Financial Highlights:

  • Strong operating performance by Group companies led by ITC Infotech India Limited, ITC Hotels Limited.
    • The Company’s subsidiary, Surya Nepal Private Limited delivered resilient performance amidst disruptions in Nepal during September’25.
  • Revenue: Rs 21,047 crore compared to Rs 21,387 crore during Q2FY25, change -1.6%.
  • EBITDA: Rs 6,695  crore compared to Rs 6,552 crore during Q2FY25, change 2.2%.
  • PBT: Rs 6,979 crore compared to Rs 6,736 crore during Q2FY25, change 3.6%.
  • PAT: Rs 5,187 crore compared to Rs 4,979 crore during Q2FY25, change 4.2%.

Stanadalone Financial Highlights:

  • Gross Revenue at Rs 19,148 crore; up 7.1% YoY (ex-Agri Business) driven by Cigarettes and FMCG.
    • Overall EBITDA up 2.1% YoY (ex-paper up 3.2% YoY); EBITDA Margin at 35.1% up 185 bps YoY.
    • PAT up 4.1% YoY.

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app