BHEL bags a ₹600–900 crore Power Grid order, Tata Steel beats Q2 profit estimates, Siemens reports higher revenue but margin contraction, Marico annou…
1/18Bharat Heavy Electricals | BHEL has received an order worth ₹600 crore to ₹900 crore from Power Grid Corporation of India for setting up synchronous condensers at the Barmer-II HVDC Terminal Station in Rajasthan. Under the contract, BHEL will undertake the design, engineering, manufacturing, supply, erection, testing and commissioning of the two synchronous condenser units at the Barmer-II HVDC Terminal Station.
2/18Tata Steel | Firm reported a 16.2% year-on-year rise in consolidated net profit to ₹3,700 crore for the September quarter of FY27, beating the CNBC-TV18 poll estimate of ₹3,120 crore. Revenue from operations grew 11.5% to ₹65,436 crore, compared with ₹58,689 crore in the year-ago period. EBITDA rose 18.4%, however, the EBITDA margin came in at 16.1%, slightly below the CNBC-TV18 poll estimate of 16.3%, though higher than 15.2% in Q1.
3/18Siemens | The firm reported a 3.9% year-on-year increase in net profit to ₹504 crore for the July-September 2026 quarter, compared with ₹485 crore in the corresponding period last year. Revenue rose 17% to ₹5,734 crore from ₹4,900 crore in the year-ago quarter. EBITDA increased 2.8% year-on-year to ₹626 crore from ₹609 crore. However, the EBITDA margin contracted to 10.9% from 12.4% in the corresponding quarter last year.
4/18Cohance Lifesciences | The firm reported a 79.5% year-on-year decline in net profit to ₹15.2 crore for the second quarter of FY27, compared with ₹74.1 crore in the corresponding period last year. Revenue declined 14.2% to ₹477 crore from ₹556 crore in the year-ago quarter. However, revenue from operations increased 12.9% sequentially during the quarter to ₹4,767 crore.
5/18Voltas | Air conditioning and engineering services company reported a 53.4% year-on-year increase in net profit to ₹52.6 crore for the second quarter of FY27, compared with ₹34.3 crore in the corresponding period last year. Revenue rose 15.3% to ₹2,707 crore from ₹2,347 crore in the year-ago quarter. The company’s revenue was higher than the CNBC-TV18 poll estimate of ₹2,556 crore.
6/18Marico Ltd | FMCG major has entered into definitive agreements with the founders of Bonorizon Consumer Ventures Private Ltd to acquire a 51% stake in the company for an aggregate consideration of up to ₹35 crore. The acquisition will be made through a primary subscription to Bonorizon’s equity share capital and voting rights, subject to the terms and conditions of the definitive agreements.
7/18Finolex Cables | The firm reported a 67.5% year-on-year increase in net profit to ₹273 crore for the second quarter of FY27, compared with ₹163 crore in the corresponding quarter last year. Revenue rose 65% to ₹2,269 crore in Q2 FY27 from ₹1,376 crore in the year-ago period. EBITDA more than doubled, rising 113% to ₹311 crore from ₹146 crore a year earlier. It attributed the revenue growth to higher volumes across its electrical and communication cables businesses.
8/18Insecticides (India) | The firm reported a 5.1% year-on-year decline in consolidated net profit to ₹56 crore for the second quarter of FY27, compared with ₹59 crore in the corresponding quarter last year. Revenue from operations increased 7.5% to ₹686 crore in Q2 FY27 from ₹638 crore a year earlier. EBITDA rose 4.5% to ₹93 crore from ₹89 crore. The company said higher interest costs weighed on profit growth. Working capital days stood at 158 in H1 FY27, up from 151 in H1 FY26.
(Photo Credit : Wikimedia Commons)
9/18Mahindra & Mahindra| M&M has approved an investment of up to ₹1,450 crore in the proposed rights issue of its listed subsidiary, SML Mahindra. The investment will comprise a subscription of around ₹855 crore to the company’s full rights entitlement and a further investment of up to ₹595 crore towards additional equity shares or any portion of the issue that remains unsubscribed.
10/18Aarti Drugs| Its subsidiary, Pinnacle Life Science Private Ltd, received three inspectional observations in Form 483 from the United States Food and Drug Administration (US FDA) following an inspection of its formulations manufacturing facility in Baddi, Himachal Pradesh. The US FDA inspected the facility from November 2 to November 6, 2026.
11/18Coromandel International| Phosphate fertiliser maker reported a 33.7% year-on-year decline in net profit to ₹534.2 crore for the second quarter of FY27, compared with ₹805.3 crore in the corresponding period last year. Revenue from operations rose 6.7% to ₹10,294 crore from ₹9,651 crore in the year-ago quarter.
12/18Zydus Lifesciences| Drug firm’s wholly owned subsidiary, Zydus Therapeutics, announced results from a Phase 2b clinical trial showing that its investigational drug saroglitazar achieved higher rates of steatohepatitis resolution without worsening of liver fibrosis in adults with metabolic dysfunction-associated steatohepatitis (MASH), compared with placebo.
13/18Kirloskar Oil Engines| The firm -backed Arka Fincap has signed definitive agreements with TPG’s The Rise Funds for an investment of up to ₹800 crore across two tranches, as the non-banking financial company (NBFC) looks to accelerate its growth and expand its secured retail lending business.
14/18Waaree Renewable Technologies| The engineering, procurement and construction (EPC) arm of the Waaree Group, has signed a work order for a 285 MWp solar power project from a leading independent power producer (IPP). The domestic commercial order involves EPC works for the solar power project, which is scheduled to be completed during FY28.
15/18Aster DM Quality Care| The firm reported a consolidated net profit of ₹262 crore for the second quarter of FY27, compared with ₹110 crore in the corresponding quarter last year. Revenue for the quarter rose to ₹2,829 crore from ₹1,197 crore in the year-ago period. EBITDA increased to ₹664 crore in Q2 FY27, compared with ₹250 crore a year earlier.
16/18Fino Payments Bank| The firm reported a mixed performance in its October 2026 business update, with average deposits rising 9% year-on-year (YoY) even as transaction business throughput and new deposit account openings declined. Average total deposits increased to ₹2,886 crore in October from ₹2,654 crore in the corresponding month last year.
17/18Blue Dart Express| The firm reported a 28.4% year-on-year (YoY) increase in net profit to ₹104 crore, compared with ₹81 crore in the corresponding quarter last year. Revenue from operations rose 14.5% to ₹1,774 crore in Q2, from ₹1,549 crore a year ago. EBITDA) increased 14.2% to ₹287.4 crore, compared with ₹251.7 crore in the year-ago period.
18/18Wipro| The IT firm announced the appointment of Angan Guha as President and Chief Executive Officer for Americas 2 Strategic Market Unit, effective December 8, 2026. He will report to the CEO and Managing Director, Srini Pallia, and serve on the Wipro Executive Leadership Team.