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USL Q1 net profit rises to ₹463 crore

United Spirits posted a roughly ₹6,113–₹6,122 crore revenue for Q1 FY27 with standalone net profit surging about 51.5% to ₹391 crore, led by a double-digit rise in the Prestige & Above segment even as the popular portfolio declined due to state policy changes. The company also advanced strategic moves, including a ₹2.69 crore investment to acquire 10.08% of Nuvola Spirits and the planned sale of Royal Challengers Sports, owner of the RCB franchise, while continuing to leverage its premium portfolio and sports-related revenue mix.

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Shoppers Stop Q1 FY27 loss narrows, revenue rises

Shoppers Stop posted a consolidated Q1 FY27 net loss of ₹14.25 crore as revenue rose 11.2% to ₹1,291.4 crore, aided by eight new store openings and continued premiumisation, beauty growth and Intune formats. The retailer noted higher costs and a slight dip in EBITDA margins but also highlighted a strong loyalty program of 1.38 crore members, ongoing ESOP activity, and a push toward debt-free status by FY27 amidst robust premium and beauty demand.

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UCO Bank Q1 Profit Up 8%, NII 17%

UCO Bank posted an 8% year-on-year increase in quarterly net profit to about ₹656 crore, driven by a 17% rise in net interest income and lower provisions. The bank also saw asset-quality improvements, with gross NPA at 2.08% and net NPA at 0.25%, alongside a notable decline in provisions for the quarter.

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IIFL Finance Q1 Profit Surges 189%

IIFL Finance reported robust Q1 FY27 results with net profit rising around 160-189% year-on-year and total income up about a third, driven by stronger net interest income and a surge in gold loans that boosted assets under management by 38%. The company also reported healthy capital adequacy (CRAR 24.3%) with low NPAs, and signaled plans to raise equity to fund growth while maintaining asset quality, supported by a stable Moody's rating.

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Eternal Q1 FY27 Revenue Rises; Profit Misses Estimates

Eternal Ltd posted a Q1 FY27 net profit of 92 crore on revenue of 20,211 crore, marking a near 3.7x profit rise year-on-year but still missing consensus forecasts. The company expanded Blinkit with 200 new stores, lifting costs and capex as it pursues growth, while revenue beat some estimates and investors gave mixed reactions to the earnings miss on profitability.

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Tips Music Reports Q1 Profit, Defers Buyback

Tips Music reported Q1 FY27 revenue of ₹106.51 crore and net profit of ₹43.70 crore (EPS ₹3.42), with about 21% revenue growth year-on-year but profit dipping modestly. The board deferred the buyback proposal to August 5, 2026, and the stock showed muted sentiment following the results.

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Orient Electric Q1 profit up 80%

Orient Electric reported a robust Q1 FY27 performance with standalone net profit of ₹31.49 crore on revenue ₹949.76 crore, marking a significant year‑on‑year rise in profit and revenue alongside a margin around 7%. The stock pared gains, with shares sliding up to about 5–6% intraday following the results as investors weighed elevated input costs against growth in Electrical Consumer Durables and Lighting & Switchgear segments.

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Jubilant Ingrevia Q1 profit up 41% to ₹105.82 crore, revenue ₹1,300.27 crore

Jubilant Ingrevia posted consolidated Q1 FY27 net profit of ₹105.82 crore on revenue of ₹1,300.27 crore, up about 40-41% and 25% respectively, with EBITDA margins around 15.3-15.5% as performance improved across its Speciality Chemicals, Nutrition & Health Solutions and Chemical Intermediates segments; investors reacted positively with a rise in the stock.

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Apollo Micro Systems Secures Navy PSO for SAVIOR-ASW

Apollo Micro Systems has secured a Make-II Prototype Sanction Order from the Indian Navy to design, develop, and demonstrate the SAVIOR-ASW semi-submersible unmanned vessel for persistent anti-submarine warfare, signaling a shift to prime platform development and strengthening India's autonomous maritime capabilities. The Make-II process funds the prototyping with no government cost and sets the stage for procurement via successful trials, in line with Atmanirbhar Bharat goals and potential long-term sovereign contracts.

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Jaishankar urges stronger India-ASEAN cooperation amid turbulence

Jaishankar pressed for deeper India-ASEAN cooperation to safeguard maritime trade, energy, food, and health security, and to ensure resilient supply chains amid global turbulence, while stressing adherence to international law and the importance of inclusive, rule-based ties. He also highlighted stronger regional partnerships, structured dialogue on key issues, and the role of the Philippines as coordinator to advance the India-ASEAN Comprehensive Strategic Partnership during meetings in Manila.

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Trident Q1 profit up 13%; board approves subsidiary

Trident Ltd posted a consolidated net profit of ₹158 crore for Q1 FY27 on revenue of ₹1,786.8 crore, marking about a 13% YoY gain as the yarn and home textiles segments supported margins around 17%. The board also approved the formation of a wholly-owned subsidiary to bolster brand-building, marketing and overseas growth.

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JSW Infrastructure Q1 profit falls, revenue climbs

JSW Infrastructure posted revenue growth driven by port and cargo operations, but first-quarter and June-quarter profits declined due to higher costs, even as the company strengthened its balance sheet with a ₹7,503 crore QIP. The group remains committed to a large capex plan and a growth trajectory to double cargo handling capacity to 400 MTPA by 2030, supported by ongoing port expansions and asset diversification.

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Welspun Specialty Solutions posts Q1 profit, margins rise

Welspun Specialty Solutions posted Q1 FY27 revenue of about ₹194 crore and net profit of ₹5.16 crore, returning to profitability after a loss last year, aided by better operational efficiency and lower finance costs. Revenue dipped around 3-4% year-on-year to support EBITDA of ₹10.54 crore and expanded EBITDA margin to 5.4%, driven by stable demand in alloy and stainless steel for defense, energy, and heavy engineering sectors.

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Huhtamaki India Q2 Net Profit Up 75% to ₹437.3 Crore; Revenue Rises

Huhtamaki India reported robust Q2 and H1 2026 standalone results, with Q2 revenue around ₹750 crore and net profit about ₹43.7 crore, marking a 70% YoY profit rise, and H1 revenue of ₹1,363 crore with net profit ₹69.33 crore as volume growth and favorable pricing offset higher costs. The company highlighted improved EBIT margins, ongoing efficiency gains, and a CRISIL rating upgrade to AA-/Stable, supported by a disciplined pricing strategy and value-led portfolio shifts.

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Adani Total Gas Q1 Profit Drops 14%

Adani Total Gas posted Q1 FY27 revenue of ₹1,907 crore and a consolidated net profit of ₹142 crore, with profit dipping year-on-year due to higher gas procurement and operating costs that compressed margins (EBITDA around ₹270 crore and a 14% margin). Revenue growth supported by expanding CNG/PNG networks and volume, while costs rose and profitability came under pressure.

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Zen Technologies Secures ₹177.5 Crore MoD Simulator Order

Zen Technologies has secured multiple Indian Ministry of Defence contracts, including a ₹177.5 crore order to upgrade Tank and Crew Gunnery Simulators to be completed within a year, and a ₹180 crore order that expands its defence training simulators and anti-drone offerings, significantly boosting its order book. The company is also scaling up domestic, indigenously sourced capabilities through Vector Technics’ expanded drone propulsion production, aligning with Atmanirbhar Bharat/IDDM policies and strengthening revenue visibility.

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TVS Motor Q1 Profit Surges 67%

TVS Motor posted a strong Q1 FY27 with net profit up around 51% to 67% year-on-year and revenue increasing about 33-38%, underpinned by robust demand in domestic and international markets and record quarterly sales across motorcycles, scooters, and EVs. The board also approved raising up to ₹10 billion through non-convertible debentures and commercial papers to fund growth, including capital expenditure and debt refinancing.

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E2E Networks posts 334% Q1 revenue surge

E2E Networks reported a dramatic Q1 FY27 performance with revenue of ₹1.57–1.57 billion, EBITDA of ₹1,179 million and a 75.2% margin, PAT of ₹439 million and earnings per share of ₹2.10, driven by the B200 cluster deployment and an expanded GPU fleet to about 5,100 units. The company also announced strategic moves, including the incorporation of Sovcloud Technologies Limited as a subsidiary and progress on listing on major exchanges, signaling scale-up in both operations and corporate structure.

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Zaggle approves ₹7.97 crore Unobanc stake

Zaggle Prepaid Ocean Services Limited plans to invest up to 7.97 crore (approximately 79.7 million rupees) to acquire a 19.9% stake in Unobanc Private Limited, with board approvals and completion expected within 90 days as part of a cross-border payments and fintech expansion. The deal, not a related-party transaction, aims to bolster Zaggle’s forex, remittance, and digital banking capabilities leveraging Unobanc’s FFMC license and RBI approvals to serve retail and corporate clients outside India.

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Indian steelmakers pivot domestic markets amid EU constraints

Indian steelmakers are shifting away from exports to the domestic market as Europe and Britain tighten import rules and quotas, while a surge of low-priced Chinese steel pressures prices and margins. With export volumes to Europe/Britain potentially down around 40%, producers are betting on domestic demand from infrastructure, autos, and construction, supported by anti-dumping investigations and ongoing expansion plans in India.

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Batliboi wins Rs52 crore SAEL order

Batliboi Ltd's EEG Division has secured a ₹52 crore contract from SAEL Industries to design, supply, install and commission a PEX system for a 6 GW solar cell facility at Jewar, Uttar Pradesh, with commissioning expected in 6–8 months as part of its push into India's indigenous solar manufacturing. The company also announced its 82nd AGM on August 7, 2026, with a proposed final dividend and related voting logistics.

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Glenmark's RYALTRIS gains FDA approval for children 6–11

The U.S. FDA expanded the indication for RYALTRIS to include children aged 6 to less than 12 with Seasonal Allergic Rhinitis, broadening its use alongside adults and older youths. The approval, supported by a Phase 3 trial of 446 children showing improved nasal symptoms and good tolerability, coincides with Glenmark’s plan to transition to direct U.S. commercialization by April 1, 2026.

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AstraZeneca India CFO Bhavana Agrawal to resign

AstraZeneca Pharma India said CFO and Whole-Time Director Bhavana Agrawal will resign to take a regional role within the AstraZeneca Group, effective August 31, 2026, with a multi‑week handover and a search for a successor. Regulatory filings confirm the move as part of global realignment, while the company notes strong FY2025-26 growth, including about 33% higher revenue and solid PAT, underscoring ongoing operational resilience.

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Samsung, LG Sweep Energy Winner Awards, Set Record

Samsung Electronics and LG Electronics dominated the 29th Energy Winner Awards, with Samsung winning the Energy Grand Prize for an eighth consecutive year and LG securing a record-tying 12 awards including three grand prizes; both firms highlighted AI-driven, energy-saving technologies across appliances from air conditioners to dishwashers. The ceremony, organized by the Consumer Citizens' Association and supported by the Ministry of Climate, Energy and Environment and the Korea Energy Agency, showcased Samsung's Bespoke AI WindFree Combo Gallery Pro and Infinite Line hood-integrated induction, and LG's Whisen AI Object Collection Tower and other energy-efficient products as leaders in cutting power use.

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