Q1 Results Highlights: LIC's net profit rises 5% to Rs 10,987 crore, Titan's earnings beat estimates

Apollo Tyres reported a consolidated net profit of Rs 12.9 crore for Q1 FY26. This is 96% YoY lower than the Rs 302 crore net profit reported in Q1 FY25. Notably, the sharp drop comes on the back of an exceptional item of Rs 368 crore incurred due to a restructuring cost. The firm’s revenue from operations however rose 4% YoY to Rs 6,561 crore.

Titan reported 34% YoY increase in net profit to Rs 1,030 crore for the quarter ended June 30, 2025. The firm reported net profit of Rs 770 crore in the year-ago period.

Life Insurance Corporation of India (LIC) reported a standalone net profit of Rs 10,987 crore for Q1 FY26. This marks a 5% YoY rise from the Rs 10,461 crore net profit reported in Q1 FY25. The firm's net premium income also rose 5% YoY to Rs 1.19 lakh crore.

Linde India reported a net profit of Rs 107 crore for Q1 FY26. This marks a 6% YoY fall from the Rs 114 crore net profit reported in Q1 FY25. The firm’s revenue from operations meanwhile fell to Rs 571 crore.

Page Industries reported a net profit of Rs 201 crore for Q1 FY26. This marks a 22% YoY rise from the Rs 165 crore net profit reported in Q1 FY25. Along with the results, the firm also announced its first interim dividend of Rs 150 per share for FY26.

Sun TV reported a standalone net profit of Rs 529 crore for Q1 FY26. This marks a 3% YoY drop from the Rs 547 crore net profit reported in Q1 FY25. The firm's revenue from operations dropped to Rs 1,257 crore.

Along with the Q1 results, the firm also announced an interim dividend of Rs 5 per equity share for FY26.

Godrej Consumer Products reported a net profit of Rs 452 crore for Q1 FY26. This marks a marginal rise from the Rs 451 crore net profit reported in Q1 FY25. The firm's revenue from operations meanwhile rose to Rs 3,662 crore.

Along with the Q1 results, the firm announced an interim dividend of Rs 5 per equity share for the ongoing FY26.

Kalyan Jewellers reported a 49% YoY rise in net profit to Rs 264 crore. Revenue from operations rose 31% YoY to Rs 7,268 crore.

Crompton Greaves reported a net profit of Rs 122 crore for Q1 FY26. This marks a 19% YoY drop from the Rs 152 crore net profit reported in Q1 FY25. Revenue from operations meanwhile declined to Rs 1,998 crore.

National Aluminium Company (NALCO) reported a net profit of Rs 1,049 crore for Q1 FY26. This marks a 78% YoY rise from the Rs 588 crore net profit reported in Q1 FY25. The firm's revenue from operations meanwhile rose to Rs 3,807 crore.

Along with the Q1 results, the firm announced a final dividend of Rs 2.5 per equity share for FY25.

NBCC reported a net profit of Rs 132 core for Q1 FY26. This marks a 26% YoY rise from the Rs 105 crore net profit reported in Q1 FY25. The firm's revenue from operations meanwhile rose to Rs 2,391 crore.

Birlasoft reported a net profit of Rs 106 crore for Q1 FY26. This marks a 29% YoY decline from the Rs 150 crore net profit reported in Q1 FY25. The firm's revenue from operations meanwhile rose to Rs 1,285 crore.

Edelweiss Financial Services reported a net profit of Rs 67 crore for Q1 FY26. This marks a 13% YoY rise from the Rs 59 crore net profit reported in Q1 FY25. The firm’s revenue from operations rose to Rs 2,246 crore.

Emcure Pharma reported a consolidated net profit of Rs 206.9 crore for Q1 FY26. This marks a 44% YoY rise from the Rs 144.1 crore net profit reported in Q1 FY25. Its revenue from operations meanwhile grew 16% YoY to Rs 2,100.5 crore.

Apollo Tyres shares dropped nearly 2% to trade at Rs 428 apiece. The company is set to announce its results for the April-June quarter of FY26.

The shares of Bombay Stock Exchange (BSE) were trading in the red with marginal losses at Rs 2,375.70 apiece. The stock exchange is set to release its results for the April-June quarter of FY26.

Aegis Vopak reported a consolidated net profit of Rs 48 crore for Q1 FY26. This marks a 85% YoY rise from the Rs 26 crore net profit reported in Q1 FY25. The firm's revenue from operations meanwhile rose to Rs 164 crore. The newly listed stock declined nearly 2% after the results were announced.

Analysts will closely monitor purchase trends in Q2 of the current year, with more wedding dates and festivals to boost demand. Additionally, they will also pay attention to gold prices since gold prices have been recording fresh highs.

Margins: Kotak Institutional Equities estimated like-for-like recurring standalone jewelry EBIT margin to decline 40 bps YoY to 10.8 percent largely due to gold price increase and decline in studded share. The recent surge in gold metal loan interest rates is expected to have some impact at PAT-level.

Segment Performance: Titan Company will see an 18 percent growth in the jewellery segment and 23 percent growth in the watches segment. Eyecare and emerging business is expected to grow 12 percent/36 percent YoY respectively, noted InCred Equities.

JM Financial said the overall standalone sales is expected to grow ~12 percent YoY (~21 percent ex-bullion) led by jewelry business growth at ~22 percent YoY, Watches at 16 percent and Eyewear at 15 percent.

Low Demand: In 1QFY26, gold prices surged ~30-35 percent YoY and ~15 percent  QoQ, breaching the Rs 1,00,000 mark (per 10gm) in the retail market, driven by ongoing geopolitical tensions. Motilal Oswal said, "This sharp and rapid increase has led to consumer budget constraints, with many customers choosing to delay purchases in anticipation of a price correction or stabilization, leading to demand softness in 1QFY26."

Emkay Global noted its checks suggest that the growth trends in Q1 will see a moderation versus prevailing trends of 15-20 percent SSG across listed players. "Our checks suggest a dip in customer growth/grammage per bill, led by significant gold price inflation and entry of new players in select pockets. With low footfalls at stores, the high-margin studded sales are also under pressure which otherwise see better traction in periods of rise in gold price," the brokerage added.

Rakesh Jhunjhunwala’s biggest bet Titan Company is set to report its earnings for the first quarter of the fiscal year 2026 on August 7, 2025. The firm is likely to see healthy double-digit growth in watches, eyewear, and other businesses.

According to a Moneycontrol poll of five brokerages, the CaratLane parent is likely to report a 16 percent revenue growth at Rs 15,366 crore. Net profit is likely to come in at Rs 893 crore, jumping 25 percent from Rs 715 crore in the corresponding quarter last year.