Earnings News — Quarterly Results

Walmart Leans On China And India For Growth, Flipkart Ads Drive Revenue

Walmart's international sales climb nearly 8% courtesy China and India. Global advertising jumps 38% as Flipkart ads gain momentum

Jefferies retains Buy on Crompton Greaves; sees up to 29% upside

Jefferies retained its Buy rating on Crompton Greaves Consumer Electricals with a Rs 330 target, implying nearly 29% upside. The brokerage expects the company’s premiumisation strategy, market share gains, new product categories and margin expansion to drive a 12% revenue CAGR and 18% EPS CAGR through FY29.

VIP Industries Is Finally Turning Around. Can It Restore Margins And Market Share?

VIP Industries has cut excess inventory, tightened pricing and returned to revenue growth after seven quarters of decline. But the luggage maker remains loss-making, with margins and market share still below earlier levels.

Tata Steel, Adani Ports among top 10 stocks downgraded by Motilal Oswal after Q1 results

Bharat Coking Coal shares jump over 7%. What's behind the sharp surge?

Bharat Coking Coal shares surged over 7% to Rs 37.70 as global coking coal prices soared 18%. The rally follows supply disruptions and strong long-term demand forecasts, offsetting the company's weak Q1 FY27 results where it posted a net loss of Rs 68 crore amid falling production.

AI's Bar Mitzvah moment: Aswath Damodaran explains what AI means for businesses

Aswath Damodaran says AI’s investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolutionary technologies follow four stages: hype, investment, business building and recalibration. AI is entering the business-building phase, with revenues emerging but profitability uncertain. Significant disruption and market corrections remain possible.

Physicswallah’s next test: Turning NEET recovery into growth

Physicswallah’s Q1 growth held up despite NEET disruption, but weak offline profitability remains a drag. A strong recovery in enrolments and collections will be key to meeting FY27 guidance.

Jefferies initiates coverage on Anthem Biosciences with a Rs 1,050 target

Jefferies has initiated coverage on Anthem Biosciences with a Buy rating and Rs 1,050 target, implying around 20% upside. The brokerage is bullish on the company’s integrated CRDMO model, strong return ratios and growth prospects, forecasting 18% revenue CAGR through FY29. Key triggers include new commercial molecules and biosimilar launches, while customer concentration and high capex remain key risks.

KPIT Technologies: Nirmal Bang Sees Near-Term Pressure, FY28 Recovery — Check Target Price

The brokerage highlights that global slowdown in the automotive sector has impacted KPIT's performance in the recent past and believes that revenue and margin pressure will continue, with any material recovery only in FY28.

Home sales cool, prices climb: Is India's housing market getting too expensive?

India's residential housing market saw sales decline by 6.1% YoY in Q2 2026, while average prices rose 1% QoQ to Rs 10,153 per sq ft. Led by a 26% price surge in Bengaluru, widening cost-sales gaps indicate maturing market dynamics and growing affordability pressures for mid-income buyers.

Welspun Corp shares surge 9% after Rs 17,200 crore order win; global order book hits record Rs 42,000 crore

Welspun Corp shares rallied as much as 9% after the company secured its largest-ever order worth $1.8 billion, or around Rs 17,200 crore, for pipe supplies from its US manufacturing facility. The order takes its global order book to a record $4.4 billion, or around Rs 42,100 crore, boosting multi-year revenue visibility and strengthening its position in global energy infrastructure.

Are DLF, Godrej Properties, Sobha, other realty stocks heading for a rally? Here is why analysts remain bullish

Despite a weak Q1 and recent market fluctuations, analysts remain bullish on real estate stocks. Driven by low inventory, robust pre-sales guidance, and strong REIT leasing momentum, brokerages like Kotak Securities and Ambit Capital recommend top picks including DLF, Sobha, Lodha, and key commercial REITs for long-term gains.

Walmart shares fall 8% as Q2 results flag risks of rising inventory

Walmart shares fell 8% despite strong second-quarter results, with revenue rising 5.9%, e-commerce sales jumping 23% and operating income increasing 28.8%. Investors focused on tariff refund benefits and a 6.7% increase in global inventory, raising concerns over underlying performance.

Indian realty market remains divided amid affordability pressures and GCC-led commercial demand

The commercial real estate sector in India is witnessing robust demand for leasing and a decline in vacancy rates. Global Capability Centres are significantly contributing to office space absorption. Furthermore, flexible workspace operators are experiencing impressive revenue growth annually. This commercial vitality is advantageous for Real Estate Investment Trusts, which are enjoying appealing yields. Anticipated tax reforms also bolster the optimistic outlook for commercial properties.

Kalpataru Projects, GR Infraprojects, RITES: Axis Securities recommends these three infra stocks after Q1FY27 results

According to Axis Securities, road infrastructure companies saw a mixed performance in Q1 FY27 with declining revenues. Despite this, PAT growth exceeded expectations. Kalpataru, RITES, and GR Infraprojects maintain 'Buy' ratings, supported by strong order books and anticipated revenue growth.

Can Turtlemint Fintech shares rally to Rs 190? Why Jefferies initiated coverage on the stock

Jefferies has initiated coverage on Turtlemint Fintech Solutions with a Buy rating and a target price of Rs 190, implying 37% upside. The brokerage expects revenue to grow at a 38% CAGR over three years, driven by higher premiums and take-rates.

UltraTech Cement Poised To Sustain Market Share Gains, Says HDFC Securities — Check Target Price, Upside

UltraTech Cement is all set to launch its own wires and cables in Q3 FY27, highlights the brokerage.

US stocks: US market regains ground as bond yields ease; healthcare stocks rally

Major stock indexes recovered on Wednesday after a prior day's decline. Moderna shares surged significantly following positive cancer therapy trial results. Government bond yields eased from highs, boosting investor risk appetite. Retailers like Target and Lowe's reported quarterly results, influencing consumer spending views. Geopolitical developments and Federal Reserve minutes remained key investor focuses.

Arkade Developers to rebuild 4 projects in Mumbai, eyes Rs 5000 cr revenue

Arkade Developers has unveiled plans to redevelop four prominent housing projects in Mumbai, expecting an impressive revenue of Rs 5,000 crore. Nestled in Malad West, Kandivali West, Kandivali East, and Borivali West, these projects boast a combined saleable carpet area of around fifteen lakh square feet, with the significant cluster redevelopment in Borivali West anticipating sales of Rs 3,000 crore.

Fabrinet stock plunges 19%: Why investors are selling after Q4 beat

NMDC faces twin challenges of weaker offtake and prices after a muted Q1

The divergence in the company's sales and production growthcould continue in the monsoon-driven seasonally weak Q2.

Exclusive | Tax Dept Probes 394 'Paper' Firms Over Rs 1.29 Lakh Crore Foreign Remittances

The probe comes after data showed 6,422 entities remitted Rs 1.29 lakh crore abroad in Q2 FY26. A significant 72.3% of the total outflow went to five jurisdictions—Singapore, UAE, Hong Kong, Mauritius and China.

RailTel Corporation shares rally 5% after bagging Rs 166.8 crore EPFO order

RailTel shares gained nearly 5% after the company received a Rs 166.80 crore work order from EPFO for a one-year extension of its Infrastructure-as-a-Service engagement. While the order strengthens revenue and order-book visibility, technical indicators remain weak, with the stock trading below all 8 monitored SMAs and its RSI at 32.5. FII holding also rose modestly in the June 2026 quarter.

Klarna trims full-year revenue, volume outlook as German retail weakens

Klarna has adjusted its full-year volume and revenue forecasts downwards, citing difficulties in the German market. This decision resulted in a notable decrease in the company's shares during premarket trading. Nonetheless, a surprising profit in the second quarter was reported, buoyed by growth in the U.S. market, which helped mitigate some of the adverse effects of the forecast.

4,000 Robotaxis Abroad: China's Pony.ai Gears Up For Major Overseas Push

Robotaxi revenue increased by 691.2%, accounting for one-third of total revenue for the first time.

India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leads

India's tanker exports surged dramatically in the June quarter, soaring six times compared to previous figures. The UAE emerged as the top importer, while Singapore and various Middle Eastern nations also boosted their purchases of Indian tankers. This impressive growth reflects India's evolving shipbuilding capabilities and a notable shift towards international markets embracing Indian-built vessels.

Low PE stock Felix Industries jumps over 3% despite muted trends on Dalal Street

Felix Industries shares rose over 3% on August 18 after strong Q1 FY27 results, showing a 37.8% revenue increase to ₹28.97 crore. Profit also surged, with PAT up 54.51% to ₹5.51 crore, driven by improved operating leverage and reduced overheads.

Voltas reported strong growth in June quarter, but failed to impress

Operating revenue, which rose 19%, was 9% below Nirmal Bang Institutional Equities’ estimates.

Mukul Agrawal-backed PTC Industries shares slip 4% despite 466% surge in Q1 profit and 180% EBITDA growth

PTC Industries shares fell 4% despite a strong Q1 FY27 performance, with profit surging 466% and EBITDA rising 180%. Revenue grew 83% year-on-year to ₹197.1 crore, supported by aerospace and defence programmes. Investors Mukul Agrawal and Vikas Khemani held 1.07% and 2.57% stakes, respectively, as of June 2026.

Cerebras Stock Outlook: Can CBRS extend its rally?

Cerebras shares surged 15% amid strong AI infrastructure demand, rapid cloud revenue growth and its major OpenAI partnership. Despite bullish momentum and rising revenue guidance, ongoing losses, high valuation, infrastructure costs and competition from Nvidia and AMD make the AI chipmaker a high-volatility growth opportunity.

Tube Investments Q1 Review: Motilal Oswal Remains Bullish Despite Margin Miss; Sees 24% Upside — Check Target Price

Despite near-term margin headwinds, Tube India offers diversified revenue streams, with steady growth in the core business and CG Power, as well as the optionality of new businesses incubated under the TI-2 strategy, adds the brokerage.

Microsoft stock under pressure: AI capex math faces investor scrutiny

Microsoft shares came under pressure as investors scrutinised the company’s heavy AI infrastructure spending and questioned whether future AI revenue can justify the scale of capital expenditure. The selloff also reflected a broader shift within technology stocks, with investors favouring AI hardware while seeking clearer evidence of returns from massive software and cloud investments.

INDO-MIM shares hit 10% upper circuit as Q1 net profit rises 32% YoY

Indo-MIM shares surged after the newly listed precision components maker reported a 31.6% year-on-year rise in Q1FY27 consolidated net profit to Rs 240.12 crore. The stock also touched a fresh 52-week high during early trade.

Six listed REITs distribute ₹3,136 crore to nearly 5 lakh unitholders in Q1 FY27 amid strong rental income

India’s six listed REITs distributed ₹3,136 crore to nearly 5 lakh unitholders in Q1 FY27, as the sector expanded its asset base. The six trusts together manage over ₹3.17 lakh crore in gross AUM and more than 214 million sq ft of Grade A office and retail assets.

Sigma Advanced Systems shares rally 5% on Rs 155 crore anti-drone orders; stock up 105% in 3 months

Sigma Advanced Systems shares gained nearly 5% after the defence technology company announced orders worth around Rs 155 crore for its Indrajaal Ranger anti-drone system. The stock has surged 105% in three months, while its order book stands at approximately Rs 8,000 crore, supporting strong revenue visibility.

New Audi Q3 Teased In India: Launch Expected Soon, Here's What We Know

Audi India has teased the third-generation Q3, with the SUV expected to bring a sharper design, updated technology and new features to the market.

Up over 110% in one year: Axis Direct sees another 10% upside in this multibagger stock

Axis Direct forecasts continued growth for CCL Products, setting a target price of ₹1,245, citing strong Q1 performance, a solid balance sheet, and stable coffee prices. The stock shows significant gains, with a 550% increase since May 2020, supported by robust demand.

US stocks: US market edges lower as Middle East tensions offset AI optimism

Stock markets opened with caution on Monday as investors considered renewed US-Iran tensions. The Dow Jones Industrial Average saw a slight decrease at the opening bell. Meanwhile, the S&P 500 experienced a modest rise in early trading. The Nasdaq Composite also climbed higher during the opening session. A strong revenue forecast from AI lab Anthropic provided some support for tech stocks.

US stocks: S&P 500 opens muted as Middle East tensions weigh

Stock markets opened with caution on Monday as investors considered renewed US-Iran tensions. The Dow Jones Industrial Average saw a slight decrease at the opening bell. Meanwhile, the S&P 500 experienced a modest rise in early trading. The Nasdaq Composite also climbed higher during the opening session. A strong revenue forecast from AI lab Anthropic provided some support for tech stocks.

Puravankara Q1 Results: Revenue surges 63% to Rs 877 crore; PAT at Rs 25 crore

Puravankara posted impressive Q1 FY27 results with a remarkable twenty-eight percent rise in pre-sales. Year-on-year, total revenue soared sixty-three percent, hitting eight hundred seventy-seven crore. Profit after tax rebounded to a positive figure, showcasing a strong turnaround from the previous year. The company successfully delivered seven hundred forty-five homes, sustaining its operational pace, while significantly boosting its Bengaluru land transactions with an added GDV of five thousa

India’s six listed REITs distribute Rs 3,136 crore in Q1 FY27

India’s six listed REITs distributed Rs 3,136 crore to over 4.85 lakh unitholders in Q1 FY27, reflecting strong rental collections, occupancy and stable cash flows. With Rs 3.17 lakh crore in assets, the sector continues expanding, offering investors regulated access to income-generating commercial real estate and strengthening its role in India’s capital markets.

Vijay Kedia portfolio: Arihant Capital sees over 90% upside in this infra stock. Should you buy?

SPML Infra shares rose over 2% after Arihant Capital initiated a Buy rating with a target price of ₹366, expecting revenue growth supported by a strong order book of ₹5,369 crore and improved financials, marking a significant turnaround for the infrastructure company.

Schneider Electric Infrastructure shares tumble 12% after Q1 profit plunges 70% YoY

Schneider Electric Infrastructure shares fell sharply on Monday after Q1FY27 net profit plunged 70% YoY to Rs 12 crore despite a 5% rise in revenue. EBIT also declined sharply, while record quarterly order intake of Rs 915 crore and a 32.7% rise in order backlog offered some comfort.

Uflex shares surge 16% after Q1 profit zooms 630% YoY

Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs 5,366 crore, while EBITDA surged 92% to Rs 919.8 crore. The EBITDA margin expanded to 17%, marking the company’s highest level in 21 quarters.

14 Stocks, Up To 41% Upside: Motilal Oswal's Calls On Brigade, Fujiyama, Max Healthcare, And More After Q1 Results

Overall, Motilal Oswal's Q1 review remains tilted toward Buy recommendations, with the strongest percentage upside seen in Brigade Enterprises and Fujiyama Power Systems at around 41% each, followed by Max Healthcare and Aditya Birla Real Estate at around 40%.

Puravankara shares rally up to 13% after Q1 revenue jumps 62% YoY; EBITDA margin expands to 25%

Puravankara shares rose sharply on Monday after Q1FY27 revenue jumped 63% YoY to Rs 877 crore, while PAT turned positive at Rs 25 crore and EBITDA margin expanded to 25%. Pre-sales rose 28% to Rs 1,439 crore, with collections up 40% YoY.

Voltas' AC Business Gains Market Share After Q1; ICICI Securities Maintains Add — Check Target Price

Voltas delivered a strong Q1 performance, led by robust RAC demand with further strengthening its marketleadership, highlights the brokerage.

NMDC shares decline 4% after Q1 results. Should you buy, sell or hold the stock?

NMDC shares fell 4% despite a 2% YoY rise in Q1FY27 profit to Rs 2,007 crore, while revenue increased 2% to Rs 6,795 crore. Iron ore production jumped 26% to 151.17 lakh tonnes, but sales rose just 2% to 117.30 lakh tonnes. Ore transferred for pellet job work increased 46% to 8.19 lakh tonnes during the quarter.

PhysicsWallah shares rally 8% after Q1 loss narrows, revenue rises 24% YoY. Should you buy?

PhysicsWallah shares gained sharply after the edtech company reported improved Q1FY27 performance, with revenue rising and losses narrowing year-on-year. Brokerage JM Financial viewed the quarter positively and maintained a bullish stance, citing strong online growth, improving profitability and growth prospects.

Ashok Leyland's Diversified Growth Story Intact, Says Nirmal Bang; Raises Target Price Post Q1 Results

The brokerage's positive view is driven by Ashok Leyland's successful diversification, with nearly 45-50% of revenues now coming from higher margin, less cyclical non-truck businesses such as defence, aftermarket, power solutions, and financial services.