Q2 Results Highlights: BHEL net profit soars 280% to Rs 368 crore, PB Fintech’s PAT rises 166%

Mahanagar Gas reported a net profit of Rs 193 crore for Q2 FY26. This marks a 33% YoY drop from the Rs 287 crore net profit reported in the same period last year. The firm’s revenue from operations meanwhile rose 15% YoY to Rs 2,255 crore.

Engineering major L&T reported 16% YoY rise in consolidated net profit at Rs 3,926 crore for Q2 FY26. Its revenue from operations rose 10% to Rs 67,984 crore during the quarter under review.

Bharat Heavy Electricals (BHEL) reported a standalone net profit of Rs 368 crore for Q2 FY26. This marks a sharp rise from the Rs 97 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose 14% YoY to Rs 7,512 crore.

PB Fintech, the parent company of Policybazaar, reported a consolidated net profit of Rs 135 crore for Q2 FY26. This marks a whopping 166% YoY jump from the Rs 50.67 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose 38% YoY to Rs 1,613.55 crore.

Larsen & Toubro (L&T), BHEL, Brigade Enterprises, Hindustan Petroleum Corporation (HPCL), Le Travenues Technology (Ixigo), Mahanagar Gas (MGL), NTPC Green, PB Fintech (Policybazaar), RailTel Corporation of India, SAIL and  United Breweries (UBL) are set to release results for Q2 FY26.

APL Apollo Tubes reported a net profit of Rs 301 crore for Q2 FY26, marking a multi-fold increase from the Rs 53.81 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose over 9% YoY to Rs 5,206.30 crore.

Radico Khaitan reported a consolidated net profit of Rs 139.56 crore for Q2 FY26 (July-September). This marks a 73% YoY rise from the Rs 80.66 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose over 29% YoY to Rs 5,056.72 crore.

NMDC reported a consolidated net profit of Rs 1,682.65 crore for Q2 FY26 (July-September). This marks a 41% YoY rise from the Rs 1,195.63 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose around 30% YoY to Rs 6,378.11 crore.

Along with the Q2 results, Coal India has announced a second interim dividend of Rs 10.25 per equity share for the ongoing financial year 2026. The record date to determine the eligibility of the shareholders set to receive the payment has been set on November 4. The dividend will be then paid to the eligible shareholders by November 28.

Coal India reported a consolidated net profit of Rs 4,354 crore for Q2 FY26 (July-September). This marks a 31% YoY fall from the Rs 6,289 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile fell over 3% YoY to Rs 30,187 crore.

Apar Industries reported a consolidated net profit of Rs 252 crore for Q2 FY26 (July-September). This marks a 30% YoY rise from the Rs 194 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile rose over 23% YoY to Rs 5,715 crore.

Sanofi India reported a consolidated net profit of Rs 76 crore for Q2 FY26 (July-September). This marks a 7.5% YoY fall from the Rs 82.2 crore net profit reported in Q2 FY25. The firm’s revenue from operations meanwhile fell over 9% YoY to Rs 475 crore.

The shares of Hindustan Petroleum Corporation (HPCL) jumped around 3% to trade at Rs 463.95 apiece on the back of falling crude prices. The company is set to release its results for the second quarter of the financial year 2026 today.

The shares of Varun Beverages jumped nearly 7% to trade at Rs 485.70 apiece. This comes after the company released its results for the July-September quarter of the ongoing calendar year 2026.

Along with the Q3 CY26 results, Varun Beverages said that some of its African subsidiaries are set to test market beer in their territories, after having entered into an exclusive distribution agreement with Carlsberg Breweries A/S for their brand - Carlsberg. "In response to the growing popularity of Ready To Drink (RTD) and variety of Alcoholic Beverages, VBL sees an opportunity for expansion into the business of RTD & Alcoholic Beverages of any type or description, including beer, wine, liquor, brandy, whisky, gin, rum, vodka in India & abroad," it added.

The shares of Varun Beverages jumped more than 3% to trade at Rs 469.65 apiece. This comes after the company released its results for the July-September quarter of the ongoing calendar year 2026.

Varun Beverages reported a consolidated net profit of Rs 741 crore for Q3 CY26 (July-September). This marks a 19.6% YoY rise from the Rs 619.6 crore net profit reported in Q3 CY25. The firm’s revenue from operations meanwhile rose over 2% YoY to Rs 5,047.7 crore.

Nearly 67 companies are announcing their results for the July-September quarter of the financial year 2026 today. Larsen & Toubro (L&T), Apar Industries, APL Apollo Tubes, BHEL, Brigade Enterprises, Coal India, Hindustan Petroleum Corporation (HPCL), Le Travenues Technology (Ixigo), Mahanagar Gas (MGL), NMDC, NTPC Green, PB Fintech (Policybazaar), Radico Khaitan, RailTel Corporation of India, Raymond Lifestyle, SAIL, United Breweries (UBL) and Varun Beverages (VBL) are some of the notable names among them.