Pulse

Developing storyline

India's Q1 FY27 corporate earnings season

Indian companies report Q1 FY27 results, with investors focused on IT, aviation, pharma, steel, real estate and finance sectors amid mixed earnings performance.

8 stories64 sourcesUpdated Jul 24, 2026

Key developments

Jul 23, 2026
Indian markets brace for a high-volume Q1 FY27 earnings day on July 23, with about 60 companies including Infosys, IndiGo, Cipla, Meesho and PVR Inox set to report.
9 sources on this →
Jul 23, 2026
Tanla Platforms leads Indian IT stocks higher after Q1 FY27 results show revenue up 17.8% year-over-year and net profit up about 20%.
11 sources on this →
Jul 23, 2026
Hindustan Petroleum's stock falls after a ₹12,265 crore Q1 FY27 consolidated net loss as high crude prices and weak marketing margins hit profitability.
7 sources on this →
Jul 24, 2026
Kross Limited reports Q1 FY27 revenue of about ₹184 crore and net profit of ₹13.3 crore, supported by steady demand for trailer axles.

Coverage across the spectrum

Claim check

What each side asserts, disputes — or leaves out entirely.

Analyzing the coverage…

Stories in this storyline

Kross Limited Q1 FY27 Net Profit ₹13.3 Crore Revenue ₹184 Crore

Kross Limited reported robust Q1 FY27 results with revenue around ₹1.84 billion and net profit about ₹133 million, supported by steady demand for trailer axles and forged components. For FY26, the company posted ₹673.2 crore in revenue with a strong Q4, margin expansion, and PAT of ₹22.4 crore, aided by capacity expansion and improving operational execution.

6 sources

SAIL posts Q1 net profit ₹1,644 crore

SAIL reported a consolidated Q1 FY27 net profit of ₹1,644 crore, up about 121% year-on-year on better cost efficiency, though quarterly profit slipped from ₹1,835 crore due to lower revenue and a one-time cost; an exceptional ₹144 crore VRS charge also weighed on the results. Standalone metrics show margin expansion and debt- equity improvement, with EBITDA rising on lower coking coal prices and cost controls, reflecting an overall tilt toward profitability despite flat revenue.

9 sources

Comments

Ask this storyline anything:

Free account · your comment posts right after signup

6 sources on this →

Jul 24, 2026

SAIL posts a Q1 FY27 consolidated net profit of ₹1,644 crore, up about 121% year-on-year on improved cost efficiency.

9 sources on this →

Jul 24, 2026

Lodha Developers' Q1 net profit nearly doubles to about ₹1,370 crore as revenue rises to roughly ₹5,000 crore on strong premium housing demand.

8 sources on this →

Jul 24, 2026

Jindal Steel's Q1 FY27 net profit falls about 43% to roughly ₹844 crore despite higher revenue, alongside major leadership changes.

7 sources on this →

Jul 24, 2026

REC Ltd reports Q1 FY27 standalone net profit of ₹4,149 crore, down 6.8% year-on-year, and approves a merger by absorption with Power Finance Corporation.

7 sources on this →

Photo: Bengaluru — Wikimedia Commons / Wikimedia Commons

Lodha Q1 profit doubles, revenue near ₹5,000 cr

Lodha Developers posted a strong Q1 with consolidated net profit around ₹1,370–₹1,373 crore, roughly doubling year-on-year as total income rose to about ₹5,000 crore and EBITDA margins expanded to about 38.5%, signaling robust demand in premium housing. The results reflect continued momentum from higher project completions and realizations, with management optimistic about sustaining growth through the current fiscal year.

8 sources

Jindal Steel Q1 Profit Down 43%, Appointments Announced

Jindal Steel reported a Q1 FY27 net profit of about Rs 843.8-845 crore, down roughly 43–44% year-on-year as revenue rose to around Rs 15.48-15.50 thousand crore while costs increased and margins narrowed, with a slight debt reduction to about Rs 15,927 crore. The results were released alongside leadership changes, including Vidya Rattan Sharma becoming managing director for two years, Sandeep Modi as CFO, and other executive appointments, plus a new five-year statutory audit firm appointment.

7 sources

REC Q1 FY27 Net Profit ₹4,149 Cr

REC Ltd reported a Q1 FY27 standalone net profit of ₹4,149.46 crore, down 6.8% YoY, with improving asset quality and a first interim dividend of ₹4.25 per share, while consolidated results rose to ₹4,192.76 crore on ₹14,469.49 crore of income. The board also approved a merger by absorption with Power Finance Corporation, set at an 88-for-100 share exchange and an appointed date of April 1, 2027, along with related governance updates.

7 sources

Photo: Brent — Wikimedia Commons / Wikimedia Commons

HPCL Slumps After Q1 Loss as Brent Nears $97

Hindustan Petroleum Corporation Ltd (HPCL) saw its stock fall around 4–5% after reporting a Q1 FY27 consolidated net loss of about ₹12,265 crore, as elevated crude prices and weak marketing margins weighed on profitability amid West Asia tensions. Brokers volley mixed views on the stock, with Nomura Neutral and Macquarie bullish over a potential trough-quarter recovery, while Jefferies remains cautious about near-term earnings and valuations relative to peers.

7 sources

Tanla Platforms Jumps on Q1 FY27 Results

Tanla Platforms led Indian IT stocks with a double-digit rise after Q1 FY27 results showed revenue up 17.8% YoY and net profit up about 20%, with the stock trading around ₹638–₹642 in early trade. The broader IT sector saw mixed moves, but Tanla remained among the top gainers as investors weighed growth against sector volatility.

11 sources

Photo: Indian — Wikimedia Commons / Wikimedia Commons

Q1 Earnings Season Kicks Off Across India

Indian markets brace for a high-volume Q1 FY27 earnings day on July 23, with about 60 companies including Infosys, IndiGo, Cipla, Meesho, PVR Inox and others reporting, as investors weigh AI spending, travel demand, margins, and fuel costs. Analysts anticipate Infosys to show modest revenue growth with margin gains and IndiGo to lift yields despite fuel-cost headwinds, signaling a pivotal moment for guidance across IT, aviation, and consumer sectors.

9 sources