Q1 Results 17th July Live: JSW Steel profit doubles, Havells India profit declines, Oberoi Realty, The Federal Bank, Central Bank of India profit up, Reliance & Tata Tech to announce Q1 results

Quarterly results

JSW Steel Q1 results live:

JSW Steel board approved the participation of the Company in the proposed initial public offering (“IPO”) of JSW One Platforms Limited (“JOPL”) as a Promoter Selling Shareholder by offering for sale, such number of equity shares of face value of Rs. 10 each of JOPL aggregating up to Rs. 811 Crore held by the Company (“Sale Shares”) in JOPL.

Quarterly results

JSW Steel Q1 results live:

JSW Steel Q1 profit doubles to ₹4,696 cr

JSW Steel on Friday said its consolidated net profit more than doubled to Rs 4,696 crore in the quarter ended June 30, supported by increase in revenues.

Quarterly results

Oberoi Realty: Board declared interim dividend of Rs 2 per share; Record date is July 23

Quarterly results

Oberoi Realty Q1 results live: Q1 profit up y-o-y

Oberoi Realty reported consolidated net profit for the quarter ended June 2026 at Rs 543.51 crore as against Rs 421.25 crore in the same quarter last year.

Quarterly results

Navkar Corporation Q1 results live: Profit jumps y-o-y

Navkar Corporation reported net profit for the quarter ended June 2026 at Rs 12.28 crore, compared to Rs 2.45 crore in the same quarter last year.

Shares traded at Rs 106.70 on the NSE.

Quarterly results

JSW Steel Q1 results live: Profit up

JSW Steel reported standalone net profit for the quarter ended June 2026 at Rs 2,826 crore as against Rs 2,217 crore in the same quarter last year.

Shares flat at Rs 1,229.40 on the NSE.

Quarterly results

Globus Spirits Q1 results live: 

Globus Spirits reported standalone net profit for the quarter ended June 2026 at Rs 27.55 crore compared to Rs 18.52 crore in the same quarter last year.

Shares traded 3% lower at Rs 958.55 on the NSE.

Quarterly results

Havells India Q1 results live: Profit declines over 15% y-o-y

Havells India’s standalone net profit for the quarter ended June 2026 declined 15.3% to Rs 298.43 crore as against Rs 352.34 crore in the same quarter last year.

Shares traded at Rs 1,154.70 on the NSE, down 1%

Havells India Q1 net profit down 16.64% at ₹289.71 cr

Revenue from operations in the first quarter stood at ₹6,518.19 crore as against ₹5,455.35 crore in the year-ago period

Finance

THE FEDERAL BANK Q1 RESULTS LIVE:  Comments from KVS Manian, Managing Director & CEO, Federal Bank

“This quarter demonstrates something important about the franchise we have been building. Our profit grew nearly 37% in a period when treasury had a challenging period, which tells you that the earnings are coming from the core business, not from market gains. Net interest income growing 26% against advances growth of 15% represents the expansion in our NIMs, which has been a core focus for the bank.” 

“Our net NPA at 0.18% is the lowest in the Bank’s recent history, and simultaneously and provision coverage ratio stands at 87%. We are building a resilient balance sheet through a combination of lower credit cost and a strong buffer out of our current earnings.” “Our chosen advance segments are delivering as intended, and the NR and CASA franchises continue to deepen. We enter the rest of the year with our capital position strong, our asset quality at its decadal best,, and good momentum in our core business.”

– KVS Manian, Managing Director & CEO, The Federal Bank

Finance

THE FEDERAL BANK Q1 RESULTS LIVE: KEY HIGHLIGHTS

• Profitability: Net profit at ₹1,176.93 crore, up 36.57% YoY. Earnings per share rose 36.06% to ₹19.15. 

• Core Earnings Engine: Net Interest Income grew 26.06% to ₹2,945.89 crore – well ahead of advances growth of 14.94%. 

• Margin Expansion: NIM expanded 39 bps YoY to 3.33%, as Cost of Funds fell 60 bps against a 44 bps compression in asset yield. Cost of Deposits declined 57 bps YoY to 5.21%. 

• Asset Quality at Historic Best: Net NPA at 0.18%, a decadal low for the Bank, with the absolute figure down 56.29% YoY to ₹506.04 crore. Gross NPA improved to 1.52%. Fresh slippages fell 37.79% YoY to ₹409.48 crore. 

• Fortified Coverage: Provision Coverage Ratio (excluding TWO) strengthened to 87.37%, up 1,296 bps YoY and credit cost declined 24 bps to 0.41%. Coverage including technical write-offs stands at 94.23%. 

• Balance Sheet Scale: Total business reached ₹5,97,615.83 crore, up 13.05% YoY, approaching the ₹6 lakh crore mark. Total deposits stood at ₹ 3,20,117.66 crore (+11.37% YoY) and gross advances at ₹2,81,239.54 crore (+14.94% YoY). 

• CASA Franchise: CASA balances at ₹1,03,163.15 crore, up 18.26% YoY – growing significantly faster than the overall deposit book. CASA ratio improved 188 bps YoY to 32.23%. 

• NR Franchise: NR deposits (NRE and ONR) reached ₹1,05,123.41 crore, up 14.24% YoY, building on the ₹1 lakh crore milestone crossed last quarter. 

Finance

Central Bank of India Q1 Results live: Asset quality

Asset Quality- 

➢ Gross NPA improved to 2.60% as on 30.06.26, registering an improvement of 53 bps, from 3.13% as on 30.06.25. 

➢ Net NPA stable at 0.49% as on 30.06.2026. 

➢ Provision Coverage Ratio stood at 95.86%. 

➢ Credit Cost 0.40% for the quarter ended 30/06/26, as against 0.68% for the quarter ended 30/06/2025 

Finance

Central Bank of India Q1 results live: Highlights

➢ Total Global Business grew by 18.29% to ₹ 833320 crore (Q1FY-26 – ₹ 704485 crore). 

➢ Total Deposits increased by 11.68% to ₹ 478972 crore (Q1FY-26 – ₹ 428890 crore). 

➢ CASA Deposits stand at 46.61% of total deposits. 

➢ Gross Global Advance increased by 28.58% to ₹ 354348 crore (Q1FY-26 – ₹ 275595 crore). 

➢ Credit – Deposit ratio stood at 74.10. 

➢ Gross NPA stood at 2.60%, registering an improvement of 53 bps. 

Quarterly results

The Federal Bank Q1 results live: Profit soars.

The Federal Bank reported standalone net profit for the quarter ended June 2026 at Rs 1176.93 crore as against Rs 861.75 crore in the same quarter last year.

Shares flat at Rs 329 on the NSE.

Finance

Central Bank of India Q1 results live: Profit up 

Central Bank of India reported standalone net profit for the quarter ended June 2026 at Rs 1323.70 crore compared to Rs 1168.69 crore in the same quarter last year. 

Shares traded at Rs 32.12 on the NSE, down 1.5%. 

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Reliance Q1 results live: Shares in focus | Promoters raise stake

Reliance promoters raise stake by 0.5% through share purchases of ₹8,500-9,000 crore

Regulatory shareholding data showed the promoter and promoter group raised their stake to 50.48% at the end of the June quarter from about 50% three months earlier

Stock market

Stock market live, Q1 results live: Markets at day’s high

Around 12.45 pm, Sensex climbed 817.66 pts or 1.06% to 78,004.53; and Nifty 50 zoomed 207 pts or 0.86% to 24,279.75.

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360 ONE WAM Q1 results live: Shares soar

360 ONE WAM shares traded 2% positive at Rs 1,105.10 on the NSE at 12.36 pm, hitting a high of Rs 1,127.80.

Its consolidated net profit for the quarter ended June 2026 stood at Rs 330.53 crore compared to Rs 284.67 crore in the same quarter last year.

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Polycab Q1 results live: Shares in focus

Polycab shares drops 3.8% despite Q1 beats; analysts split on outlook

Shares of Polycab India were under pressure Friday morning, falling ₹351 or 3.81 per cent to ₹8,864 by 11.42 am, as investors appeared to book profits following the stock’s recent 21 per cent one-month rally, even as the company’s Q1 FY27 results came in ahead of estimates on most parameters.

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Tech Mahindra Q1 results live: Shares in focus

ech Mahindra shares jump on Q1 results; analysts split on valuation

Tech Mahindra’s stock rises after strong Q1 results, with analysts divided on future valuation amid positive growth forecasts.

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Havells India Q1 results live: Shares in focus

Havells India traded flat at Rs 1,178.40 on the NSE. It had informed about further expansion of its cable manufacturing capacity at its Vasanthnarasapura Industrial Area facility in Tumakuru, Karnataka.

Company to declare Q1 results today.

Stock market

STOCK MARKET LIVE, Q1 RESULTS TODAY: Markets trade higher at noon

Sensex traded 770.57 pts or 1.00% higher at 77,957.44 at 12 noon, hitting a high of 78,013.49.

Nifty 50 increased 195.20 pts or 0.81% to 24,267.95.

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Piramal Finance Q1 results live: Shares fall

Piramal Finance stock traded 5% lower at Rs 2,076 on the NSE at 11.45 am, hitting a low of Rs 2,073.90. The stock opened positive at Rs 2,200.50 from the previous close of Rs 2,186.50.

It reported a 66.8 per cent year-on-year rise in its consolidated net profit to Rs 460.98 crore in Q1FY27.

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RIL Q1 results live: Shares in focus ahead of results

Reliance shares were up 2% to Rs 1,321.40 on the NSE at 11.27 am, hitting a high of Rs 1323.70 from the previous close of Rs 1,296.60.

Company to declare Q1 resutls today.

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CEAT Q1 results live: Shares slump

CEAT shares slump over 9.3% as Q1 profit plunges

The stock traded at ₹3,550.40 on the NSE at 10.20 am after falling to an intraday low of ₹3,471.10 from the previous close of ₹3,829.60

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Newgen Software Tech Q1 results live: Shares swing

Newgen Software shares swing, trading 1.3% lower at Rs 528.60 on the NSE at 10.30 am, after moderating between Rs 524.50 and Rs 561.10.

Its revenue grew 11% y-o-y to Rs 357 crore in Q1FY27, while profit after tax increased 26% y-o-y to Rs 63 crore.

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WeWork India Q1 results live: Shares trade lower

WeWork India shares traded 5% lower at Rs 692.65 on the NSE at 10.27 am, hitting a low of Rs 658 from the previous close of Rs 728.05.

It reported a consolidated net loss of Rs 4.30 crore in Q1FY27 as against the net loss of Rs 14.10 crore in the year-ago period.

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Jio Financial Q1 results live: Shares zoom

Jio Financial shares surge 6% as Q1 profit jumps 156% y-o-y

Jio Financial Services shares surged 6 per cent on Friday after the company reported a sharp rise in first-quarter earnings, driven by strong growth in interest income, fees and commission income, and higher dividend income.

HERE’S WHAT MOTILAL SAYS | READ MORE

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Polycab India Q1 results live: Shares decline over 3.5%

Polycab India shares declined 3.5% to Rs 8885 from the previous close of Rs 9,215.

It reported net profit for the quarter ended June 2026 at Rs 766.27 crore compared to Rs 564.9 crore in the same quarter last year

Quarterly results

Borosil Renewables Q1 results live:

Borosil Renewables Limited Q1FY27 Results:-

• Revenue 405.69 Cr vs 346.58 Cr
• (+17.06% YoY┃-7.78% QoQ)
• EBITDA 127.18 Cr vs 63.00 Cr
• (+101.87% YoY┃-6.75% QoQ)
• EBITDA Margin 31.35% vs 18.18% YoY & 30.99% QoQ
• PBT 117.89 Cr vs 35.73 Cr
• (+229.94% YoY┃-1.85% QoQ)
• PAT 86.64 Cr vs -203.49 Cr
• (Turnaround from loss YoY┃-48.77% QoQ)
• Other Income 13.99 Cr vs 6.28 Cr YoY & 8.94 Cr QoQ

Quarterly results

GNA Axles Q1 results live:

GNA Axles Limited Q1FY27 Results:-

Revenue 470.44 Cr vs 344.21 Cr

(+36.67% YoY┃+14.48% QoQ)

EBITDA 72.25 Cr vs 50.09 Cr

(+44.25% YoY ┃+26.05% QoQ)

EBITDA Margin 15.36% vs 14.55% YoY & 13.95% QoQ

PBT 51.79 Cr vs 31.37 Cr

(+65.09% YoY┃+41.80% QoQ)

PAT 38.27 Cr vs 22.99 Cr

(+66.48% YoY┃+24.17% QoQ)

Other Income 1.32 Cr vs 1.24 Cr YoY & 0.50 Cr QoQ

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BHEL Q1 results live: Shares hit 52-week high

BHEL shares rose 2.5% to a fresh 52-week high of Rs 446.50 on the NSE.

It posted a consolidated net profit of ₹376.71 crore in the June quarter,against loss recorded in the corresponding quarter.

Info tech

Tech Mahindra Q1 results live: Brokerages’ view

Morgan Stanley on Tech Mahindra

• Recommendation — Underweight; Target ₹1270, Earlier Target ₹1160
• Strong performance
• Strong revenue beat in Q1, robust deal wins
• Commentary of sustained momentum in Q2
• Reiteration of EBIT margin outlook for FY27
• See near-term PE multiples cholding up but a risk of de-rating once EBIT margins normalize

HSBC on Tech Mahindra

• Buy, TP Rs 1635
• 1Q was better than expectations with growth accelerating to +6% y-o-y and the 2Q/FY27 outlook buoyant
• EBIT margin expansion stays on track as well to achieve 15% in FY27; 2Q margins 14.4%
• Better growth than peers justifies the valuation premium

Nomura on Tech Mahindra

• Neutral. TP Rs 1600
• 1QFY27 – a beat on all parameters
• On track to achieve FY27E goals
• Given TechM is now on track to exceed its large-cap peers on growth rates in FY27-28F, raise target multiple to 18x from 16x earlier
• STK currently trades at 17.1x FY28F EPS of Rs 88.5

Jefferies on Tech Mahindra

• U-P, TP Rs 1260 from earlier Rs1225
• Q1revenues/margins were ahead of estimates, but profits were in line with estimates.
• Strong deal wins position TechM well to deliver 6% cc revenue growth in FY27
• Raise FY27-29 EPS by 6-8%, factoring in 1Q beat
• Strong deal wins and improving margins should support 4%/9% CAGRs in cc revenues and EPS over FY27-29
• However, at 20x PE, valuations are rich

Citi on Tech Mahindra

• Recommendation — Sell; Target ₹1345, Earlier Target ₹1220
• Good Q1 partly aided by one-time rev. & lower SG&A
• TechM trades at ~20-40% premium to peers
• Industry remains challenging; better performance needs to sustain

Quarterly results

BHEL Q1 results live: Brokerages on BHEL

JPM on BHEL

• U-P, TP Rs 220
• 1QFY27 P&L Shows Improved Execution and Margins
• BHEL stock is up 71%/41% over past 1 year/3M vs NIFTY50 at -4%/-1%
• This sharp outperformance provides a good exit opportunity in a deeply cyclical name, especially given that best of thermal power plant ordering cycle is already behind us
• This is evident from the fact that BHEL’s FY26 order inflows fell 19% y/y and power segment orders fell 27% y/y in FY26
• Estimate a further decline of 12% y/y in FY27E in total OI.

Macquarie on BHEL

• Neutral, TP raised to Rs 315 from earlier Rs250
• Strong execution with a 40% revenue surge, translating into strong operating performance with EBITDA margin at 6.5% and PAT at Rs3.8bn.
• New orders at Rs267.4bn doubled over 1QFY26, even as order backlog at Rs2,603bn saw steady growth at 27% YoY, improving revenue visibility further
• Unless sustained pick-up in execution is seen, BHEL could face difficulty improving profitability
• Thereafter, high receivables remains another challenge

UBS on BHEL

• Neutral TP Rs 460
• BHEL delivered 40% YoY topline growth & EBITDA of Rs 5bn in Q1FY27
• Revenue was ahead by 20% while EBITDA beat was 51% vs UBS est.
• EBITDA margin expanded to 6.5%, ahead of estimate of 5.2%
• most noteworthy areas in results
• a) Q1FY27 orders of Rs267bn was supported by large win in Power segment
• b) power segment continued to deliver strong execution, with revenue growth of 52% YoY & PBIT margin of 9.5%
• c) Industry segment reported orders of 17bn (-70% YoY) & 12% YoY revenue growth, while PBIT margin moderated to 13.6% (vs. 19.3% in Q1FY26 and 24% in
• Q4FY26), likely reflecting an adverse business mix.
• d) BHEL secured its largest-ever single export order (23bn) for GTG during quarter
• e) Gross margin expanded 200bps YoY to 31.2% (declined 366bps QoQ) reflecting better power margins

Quarterly results

ITC Hotels Q1 results live: Shares flat

ITC Hotels stock traded flat at Rs 175.40 at 10.05 am. Its consolidated net profit rose 36 per cent to ₹182 crore in Q1FY27.

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Wipro Q1 results live: Shares lead Nifty 50 losers; Here’s why

Wipro shares fall over 2% after Q1 results and weak outlook disappoint Street

Jefferies maintained its underperform rating on the stock and cut its target price to ₹150 from ₹180 and said another soft quarter and September 2026 quarter guidance implied a delayed recovery

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Tech Mahindra Q1 results live: Shares positive

Tech Mahindra shares surged 3% to Rs 1,551.70 on the NSE at 9.35 am, hitting a high of Rs 1,562.90.

Tech Mahindra posted a 17.6 per cent year-on-year rise in revenue at ₹15,711 crore. Net profit stood at ₹1,486 crore, up 31.6 per cent year-on-year.

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Wipro Q1 results live: Shares in red

Wipro shares were down 2% to Rs 174.20 on the NSE at 9.29 am after reporting a net profit of ₹3,352 crore Q1FY27.

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Jio Financial Services Q1 results live: Shares lead Nifty 50 gainers

Jio Financial shares traded 4% higher at Rs 245.95 on the NSE at 9.27 am, hitting a high of Rs 249.95 from the previous close of Rs 235.65. Its consolidated first quarter (Q1FY27) net profit zoomed 156 per cent y-o-y to ₹830 crore.

Quarterly results

WeWork Q1 results live:

WeWork India Management Limited Q1FY27 Results:-

Revenue 683.83 Cr vs 535.31 Cr

(+27.75% YoY┃-1.76% QoQ)

EBITDA 437.98 Cr vs 335.76 Cr

(+30.44% YoY ┃-2.71% QoQ)

EBITDA Margin 64.05% vs 62.72% YoY & 64.67% QoQ

PBT -3.94 Cr vs -14.10 Cr YoY & +44.01 Cr QoQ

PAT -4.06 Cr vs -14.15 Cr YoY & +65.87 Cr QoQ

PAT After Minority interest

-4.31 Cr vs -14.10 Cr YoY & +65.55 Cr QoQ

Other Income (Including Finance income) 16.91 Cr vs 10.40 Cr YoY & 19.29 Cr QoQ

Stock market

Stock market live, Q1 results today: Markets trade higher in early trade

Sensex gained 424.69 pts or 0.55% to 77,611.56 at 9.17 am after opening at 77,370.77 from the previous close of 77,186.87; Nifty 50 increased 102.75 pts or 0.43% to 24,175.50.

Quarterly results

Tech Mahindra Q1 results live:

Tech Mahindra outshines Wipro in Q1 with stronger growth, margin expansion

Tech Mahindra surpasses Wipro in Q1 with 17.6% revenue growth and 31.6% profit increase amid Wipro’s profitability struggles.

Info tech

Wipro Q1 results live:

Wipro reports mixed Q1: Guidance improves, margins contract

Wipro’s Q1 report shows mixed results: revenue up, margins down, and cautious guidance amid evolving client spending.

Quarterly results

Heritage Q1 results live:

Heritage Q1 PAT dips to ₹25 crore

Heritage Foods reports Q1 net profit dip to ₹25 crore despite 18% revenue growth to ₹1,338 crore amid rising milk costs.

Quarterly results

CEAT Q1 results live:

CEAT’s 22% revenue growth masks margin squeeze; ₹1,205-crore expansion raises the stakes

CEAT reports 22% revenue growth in Q1 FY27, but profit plummets due to raw-material costs and finance expenses.