Top Q2 Results October 29: Major Companies Post Earnings
Multiple heavyweight companies including Coal India, SAIL, HPCL, Varun Beverages, and Larsen & Toubro announced their second-quarter results for fiscal year 2025-26 on October 29, 2025. The earnings season witnessed over 65 companies reporting financial performance.
Coal India
released its Q2 FY26 results, with analysts forecasting subdued performance. Bloomberg estimates suggested an 11.5% year-on-year revenue increase to ₹30,394.36 crore, though net profit was expected to decline 9.5% to ₹5,692.52 crore due to lower volumes and weak power demand. The Board also considered declaring a second interim dividend for FY 2025-26.
Steel Authority of India (SAIL)
announced unaudited financial statements for the quarter ending September 30, 2025. Analysts estimated net profit of ₹277 crore with revenue reaching ₹25,274 crore and EBITDA margins at 8.92%. The company maintained its trading window closure from October 1 until 48 hours post-announcement.
Hindustan Petroleum Corporation (HPCL)
declared Q2 results alongside considerations for interim dividend payment. The company maintained its strong market position with a 9% one-year share price gain and 7% year-to-date growth. HPCL’s Q1 FY26 showed robust consolidated net profit of ₹4,110.93 crore, demonstrating operational efficiency.
Larsen & Toubro
posted strong double-digit growth expectations, with analysts projecting 15% revenue growth to ₹70,478 crore and net profit rising to ₹4,004.60 crore. The Engineering & Construction segment remained the primary growth driver, supported by domestic infrastructure spending and overseas hydrocarbon projects. The company announced two ultra-mega orders during the quarter.
Varun Beverages,
PepsiCo’s largest bottling partner outside the US, released Q3 2025 results. The company faced challenging market conditions with a 30.16% year-to-date stock decline, though Q2 2025 showed 5% profit growth to ₹1,325 crore despite revenue declining 2.5%. Analysts estimated Q3 net profit at ₹804.40 crore with revenue of ₹5,640.50 crore.
Market Impact:
These earnings announcements provided crucial insights into corporate performance amid evolving economic conditions. Investors closely monitored order inflows, margin performance, dividend declarations, and management guidance for future quarters.
Disclaimer: This article is for educational purposes only and should not be considered as investment advice. Investors are advised to consult financial advisors before making any investment decisions.