The shares of Steel Authority of India (SAIL) and Whirlpool recorded significant losses on July 28. This comes as markets responded to their respective results for the April-June quarter of financial year 2026.
Tata Chemicals shares meanwhile gained nearly 2 percent in morning trade.
SAIL Q1 Results:
Steel Authority of India (SAIL) on July 25 reported a net profit of Rs 744.58 crore for Q1 FY26. This marks a sharp increase from the Rs 81.78 crore net profit reported in the corresponding quarter of the previous financial year. However, net profit declined nearly 40.5 percent sequentially from the Rs 1,251 crore reported in Q4 FY25.
The firm’s revenue from operations rose over 8 percent on-year to Rs 25,921.76 crore in Q1 FY26, but fell nearly 12 percent sequentially from Rs 29,316.14 crore in Q4 FY25.
SAIL shares fell nearly 5 percent to hit an intraday low of Rs 124.37 in morning trade.
Whirlpool Q1 Results:
Whirlpool on July 26 (Saturday) reported a net profit of Rs 145.73 crore for Q1 FY26. This marks a rise of 22 percent sequentially and 1 percent on-year from the net profit reported in Q4 FY25 and Q1 FY25 respectively.
The firm’s revenue from operations however fell nearly 3 percent on-year to Rs 2,432.32 crore in the first quarter of the financial year 2026. Its revenue rose 21 percent sequentially from Rs 2,004.67 crore in the previous quarter.
Whirlpool shares fell over 3 percent to hit an intraday low of Rs 1,352 apiece in the morning.
Tata Chemicals Q1 Results
Tata Chemicals on July 25 reported a net profit of Rs 252 crore for Q1 FY26. This marks a sharp improvement from the Rs 56 crore net loss reported in the previous quarter (Q4 FY25). The net profit grew nearly 68 percent on-year from the Rs 150 crore reported in Q1 FY25.
The firm's revenue from operations rose around 6 percent sequentially to Rs 3,719 crore in Q1 FY26. It however fell nearly 2 percent on-year from Rs 3,789 crore reported in Q1 FY25.
The shares of the company rose nearly 2 percent to hit an intraday high of Rs 958 apiece in morning trade.
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