Q2 2025 Earnings Roundup: Mixed Performances Across Key Indian Companies Including Tata Chemicals and Mahindra
Several Indian companies reported mixed Q2 FY26 results: Tata Chemicals experienced a 60% drop in profit despite stable standalone performance; Mahindra & Mahindra posted strong automotive sales growth; Orient Cement and JK Cement reported profit increases; GHCL and Bank of Baroda saw profit declines; Phoenix Mills and Mahindra Lifespace Developers showed notable profit improvements.
The Q2 FY26 earnings season reveals varied financial health among Indian companies. Tata Chemicals reported a 60.30% drop in consolidated net profit to ₹77 crore due to market challenges and pricing pressure, though standalone operations improved with increased revenue and profit aided by cost control and UK restructuring efforts. Orient Cement posted a multifold profit increase to ₹49.08 crore backed by tax reversals and volume growth, while JK Cement’s net profit rose 17% to ₹159.25 crore driven by higher revenues despite increasing expenses. GHCL's profit fell 32% to ₹106.70 crore due to lower sales and import price pressures. Bank of Baroda’s profit decreased 8% amid slower core income growth and margin compression. Conversely, Mahindra & Mahindra experienced a 26% growth in auto sales and a 31% increase in domestic passenger vehicle sales, marking record SUV sales. Mahindra Lifespace Developers shifted from a loss to ₹47.91 crore net profit with rising income. The Phoenix Mills reported a 39% profit increase to ₹303.99 crore driven by higher income. Other companies like Netweb Technologies also posted profit gains. Overall, results highlight sectoral disparities with cost discipline and strategic initiatives influencing outcomes amidst macroeconomic and market headwinds.
