Markets are likely to remain stock-specific today as a host of companies have announced their Q1FY26 results and corporate updates. Here’s a detailed look at key stocks in focus:
Q1 earnings highlights: Karur Vysya Bank, REC, eClerx, Tanla Platforms, Phoenix Mills, Cyient, KFin Tech, more
Karur Vysya Bank
Q1 net profit rose 14 percent YoY to ₹521 crore, while net interest income grew 5 percent to ₹1,080 crore. Gross NPA improved to 0.66 percent versus 0.76 percent QoQ.
REC
REC posted a strong 29 percent YoY jump in Q1 consolidated profit at ₹4,465.7 crore. Revenue rose 12.7 percent YoY to ₹14,737.5 crore. The company also announced an interim dividend.
eClerx Services
Q1 profit jumped 26.4 percent YoY to ₹141.6 crore, with revenue growing 19.5 percent to ₹934.6 crore.
Phoenix Mills
The real estate player reported a 3.5 percent increase in Q1 profit at ₹240.7 crore. Revenue rose 5.4 percent to ₹953 crore. The company will also acquire 49 percent stake in Island Star Mall Developers from CPP Investments for ₹5,449 crore.
Tanla Platforms
Q1 profit declined 16.2 percent YoY to ₹118.4 crore. Revenue rose 3.8 percent to ₹1,040.7 crore.
KFin Technologies
Q1 profit grew 13.5 percent YoY to ₹77.3 crore, while revenue jumped 15.4 percent to ₹274 crore. EBITDA margin remained strong near 41.5 percent.
Cyient
Posted a 6.9 percent YoY increase in Q1 profit to ₹153.8 crore. Revenue was up 2.2 percent at ₹1,711.8 crore.
eMudhra
Profit surged 39.4 percent YoY to ₹24.9 crore and revenue rose 59.3 percent to ₹147.3 crore. The company also announced the acquisition of 100 percent stake in AI Cyber Forge Inc, USA.
Anant Raj
Reported a 38.3 percent jump in profit to ₹125.9 crore, with revenue increasing 25.6 percent to ₹592.4 crore.
Suryoday Small Finance Bank
Profit halved YoY to ₹35 crore. Asset quality weakened, with gross NPA rising to 8.5 percent from 7.2 percent QoQ.
Johnson Controls-Hitachi Air Conditioning
Q1 profit fell 57.8 percent to ₹15.3 crore, while revenue declined 14.4 percent to ₹852.6 crore.
UTI AMC
Q1 profit declined 6.8 percent YoY to ₹236.9 crore. Revenue rose 3.3 percent to ₹546.9 crore.
Trident
Q1 profit jumped 89.8 percent YoY to ₹140 crore, while revenue fell 2 percent to ₹1,706.9 crore.
Aether Industries
Profit rose 57.1 percent YoY to ₹47 crore, with revenue up 42.3 percent to ₹256.1 crore.
Stocks to watch: Adani Enterprises, GR Infraprojects, Sun Pharma, Enviro Infra Engineers
Adani Enterprises
Announced a 50:50 joint venture with MetTube Mauritius to enter copper tube manufacturing. The company will divest a 50 percent stake in Kutch Copper Tubes and acquire a 50 percent stake in MetTube Copper India.
GR Infraprojects
Emerged as L-1 bidder for Jharkhand’s Giridih Bypass EPC project worth ₹290.2 crore.
Sun Pharma
Its US subsidiaries will pay $200 million to settle an antitrust lawsuit with End Purchaser Plaintiffs. The payment grants a full release from claims.
Enviro Infra Engineers
Won a ₹221.3 crore EPC order from Bangalore Water Supply and Sewerage Board for a sewage treatment project.
Bulk deals: IEX, Kajaria Ceramics, Kilburn Engineering
- Indian Energy Exchange: Pictet – Indian Equities sold 60 lakh shares at ₹131.5 each.
- Kajaria Ceramics: Long Term India Fund bought 12.5 lakh shares at ₹1,180 per share.
- Kilburn Engineering: SBI Funds Management bought 7.56 lakh shares at ₹505 per share.
Stocks trading ex-dividend today
HDFC Bank, UltraTech Cement, Union Bank of India, Zydus Lifesciences, Divis Laboratories, LIC, Lupin, Jubilant Ingrevia, Jubilant Pharmova, KEC International, and over 50 other stocks will trade ex-dividend today.
Corporate actions
- Rights Issue Ex-Date: Jtekt India
- Stock Split Ex-Date: Kellton Tech Solutions, RIR Power Electronics
- Bonus Ex-Date: Shine Fashions (India)
- Suspension Ex-Date (Resolution Plan): Taaza International
F&O ban
In F&O ban: Indian Energy Exchange, RBL Bank
Out of F&O ban: Bandhan Bank