Research Reports

Siyaram Q1: revenue +14% YoY tracks guidance; profit up off low base, OPM thins to ~4%

textiles · blended fabrics · apparel retail

Swiggy Q1: consolidated loss narrows to ₹791 Cr as revenue climbs 37% YoY

food delivery · quick commerce · instamart

GHCL Textiles Q1FY27: PAT triples YoY to ₹39.4 Cr, OPM expands to ~16.9%

textiles · margin expansion · yoy growth

Go Fashion Q1: sales flat YoY, PAT down 26% to ₹16.5 Cr on ₹6.5 Cr store write-off

womens apparel retail · same-store sales · margin compression

Margin squeeze more than halves Westlife's Q1 net profit to ₹0.6 Cr as costs bite

quick service restaurant · mcdonalds india · margin compression

Vardhman Q1: consolidated PAT jumps 51% to ₹315 Cr as spinning spreads, margins recover

textiles · cotton yarn · spinning spreads

Chalet Hotels Q1 FY27: consolidated PAT falls 58% YoY on real estate high base

hotels · real estate lumpiness · margin compression

Timex India Q1FY27: standalone PAT surges 71% YoY to ₹25 Cr as NPM expands to 11.4%

watches · consumer durables · margin expansion

Indo Rama Q1FY27: PAT up 21% YoY to ₹63.7 Cr as margins expand on 28% revenue drop

polyester · margin expansion · revenue decline

V-Guard Q1 FY27: consolidated PAT jumps 76% to ₹130 Cr as margins hit double digits

consumer durables · electricals · margin expansion

Hawkins Q1: revenue jumps 33% YoY to ₹318 Cr but PAT up only 17% as margins compress

kitchenware · consumer durables · revenue growth

Devyani Q1 FY27: revenue +16% YoY, consolidated PAT swings to ₹17 Cr on margin gains

qsr · kfc pizza hut · margin expansion

Thangamayil Q1 PAT ₹85 Cr, +86% YoY on gold-price surge — but margins squeeze, QoQ slips

gold jewellery · retail jewellery · gold price surge

CarTrade Q1: consolidated PAT ₹56.8 Cr up 21% YoY (+27% adj), all three segments expand margins

auto classifieds · used cars · olx monetization

Century Enka Q1 FY27: consolidated PAT up 4x YoY to ₹61.7 Cr as OPM triples to 15.5%

synthetic yarn · margin expansion · operating leverage

HLV standalone loss narrows to ₹0.78 Cr YoY in Q1FY27, but reverses Q4's ₹8.6 Cr profit

hotel industry · standalone loss · seasonal quarter

Consolidated PAT more than doubles to ₹59 Cr on 34% revenue surge; margins recover

kitchen appliances · consumer durables · revenue growth

PNG Jewellers Q1: consolidated PAT +52% YoY to ₹105 Cr as margins expand on 56% retail surge

jewellery retail · revenue growth · margin expansion

Swiggy Q1 FY27: Can Food Delivery Sustain Momentum as Quick-Commerce Losses Narrow?

food delivery · quick commerce · Instamart

When Waters Rise: Western India's Factory Shutdowns

flooding · western india · operational disruption

When Supply Chains Meet Monsoon: The 48-Hour Manufacturing Crisis Across Four Sectors

monsoon disruption · supply chain · manufacturing shutdown

Welspun Living: The Pivot After the Flood

textiles · operational disruption · capex

V-Mart Q1: PAT jumps 41% YoY to ₹47 Cr as 9% SSSG lifts margins into guided 4-4.5% band

value retail · apparel · sssg

Meesho Q1: consolidated net loss narrows to ₹133 Cr as revenue jumps 48% YoY

social commerce · e-commerce · loss narrowing

Eternal Q1: Blinkit swings to profit, revenue triples YoY; ₹92 Cr PAT trails street

quick commerce · blinkit turnaround · food delivery

Orient Electric Q1: standalone PAT jumps 80% YoY to ₹31.5 Cr, revenue up 23% on summer demand

consumer durables · fans and appliances · summer demand

BlueStone sustains turnaround: consolidated PAT ₹6 Cr, revenue up 49.6% YoY on 39% SSSG

Consumer & Retail · earnings · quarterly results

D.P. Abhushan Q1 PAT jumps 77% YoY to ₹64 Cr as revenue surges 58%, margins expand

Sangam India Q1: consolidated PAT vaults to ₹41 Cr as margins normalise off weak base

Kalyan Jewellers: When Institutions Chase Digital Gold

Jewelry retail · Digital commerce · Institutional buying