JINDALSTELJINDAL STEEL & POWER LTD.
Jindal Steel Q1: consolidated PAT down 44% YoY to ₹844 Cr as margins compress
steel · margin compression · volume decline
Research Reports
24 Jul 2026
CREDITACCCreditAccess Grameen Ltd
CreditAccess Grameen Q1 PAT surges to ₹493 Cr as credit costs normalise, NPM back to 27.7%
microfinance · nbfc · credit cost normalisation
SHREDIGCEMSHREE DIGVIJAY CEMENT CO.LTD.-$
Digvijay Cement Q1: revenue +72% on Hi-Bond traded volumes but PAT halves to ₹6.8 Cr as finance costs spike
cement · margin compression · finance cost spike
SHAKTIPUMPSHAKTI PUMPS (INDIA) LTD.-$
Shakti Pumps: consolidated PAT falls 47% YoY to ₹51.6 Cr as margins halve, despite 38% revenue growth
solar pumps · capital goods · margin compression
BANKINDIABANK OF INDIA
BoI Q1: consolidated PAT ₹3,303 Cr, ~41% adjusted YoY; margins widen, provisions ease
psu bank · net profit growth · lower provisions
GANESHHOUGANESH HOUSING CORPORATION LTD.-$
Ganesh Housing Q1: PAT drops 55% YoY to ₹42 Cr as low-margin sales triple revenue
real estate · margin compression · revenue surge
ACCACC LTD.
ACC Q1: consolidated PAT crashes 61% YoY to ₹147 Cr as costs stay high, plants idled
cement · margin compression · profit decline
LAURUSLABSLaurus Labs Ltd
Laurus Labs Q1: consolidated PAT more than doubles to ₹362 Cr as CDMO lifts margins
pharma · cdmo · margin expansion
STLTECHSTERLITE TECHNOLOGIES LTD.
STL's record Q1FY27: PAT at ₹197 Cr, margin hits 20.8% as revenue grows 87% YoY
optical fiber · data center · margin expansion
RKFORGERAMKRISHNA FORGINGS LTD.
Ramkrishna Forgings: consolidated PAT quadruples YoY to ₹47 Cr on 20% revenue growth, margins expand
forgings · auto components · margin expansion
ATULATUL LTD.
Atul Q1: consolidated PAT nearly doubles YoY to ₹254 Cr on chemicals margin recovery
specialty chemicals · margin expansion · profit surge
WENDTWENDT (INDIA) LTD.
Wendt Q1: consolidated PAT up 63% YoY to ₹6.2 Cr on 37% revenue growth, NPM expands
super abrasives · capital goods · margin expansion
HINDZINCHINDUSTAN ZINC LTD.
Hindustan Zinc Q1: consolidated PAT ₹5,469 Cr, up 145% YoY as silver, zinc prices drive record print
zinc · silver · metals
WELCORPWelspun Corp Limited
Welspun Corp Q1 consol PAT ₹1,048 Cr on ₹548 Cr EPIC gain; ~43% adjusted, margins up
steel pipes · line pipe · exceptional gain
SHRIRAMFINShriram Finance Ltd
Shriram Finance Q1 PAT up 60% YoY to ₹3,453 Cr on NIM expansion, MUFG capital boost
nbfc · retail asset financing · nim expansion
WPILWPIL LTD.
WPIL consolidated PAT doubles to ₹59 Cr as overseas engines fire; standalone halves
pumps · water infrastructure · international business
PONNIERODEPONNI SUGARS (ERODE) LTD.
Ponni Sugars Q1 loss narrows to ₹1.2 Cr as revenue jumps 52% YoY on stronger co-gen
sugar · co-generation · seasonal loss
LMWLAKSHMI MACHINE WORKS LTD.
LMW Q1: consolidated PAT ₹55.5 Cr ~5x YoY, revenue +24% as textile machinery clears losses
textile machinery · machine tools · capital goods
DALBHARATDalmia Bharat Ltd
Dalmia Q1: consol PAT ₹192 Cr after ₹182 Cr deal charge; underlying flat, margins slip
cement · margin compression · exceptional charge
VMARTV-MART RETAIL LTD.
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
ASALAUTOMOTIVE STAMPINGS & ASSEMBLIES LTD.
ASAL Q1 PAT nearly doubles to ₹4.7 Cr as revenue jumps 46% YoY on volume recovery
auto components · auto ancillary · tata group
APARINDSAPAR INDUSTRIES LTD.
Apar Q1: consolidated PAT ₹467 Cr, up 78% YoY as speciality-oils margins surge
electrical equipment · conductors · transformer oils
ZFSTEERINGZ.F.STEERING GEAR (INDIA) LTD.-$
ZF Steering Q1: consol PAT +60% YoY to ₹11.4 Cr, driven by other income not ops
auto components · steering systems · other income
RAJRATANRAJRATAN GLOBAL WIRE LTD.
Rajratan Q1: consolidated PAT ₹22.96 Cr up 70% YoY as export subsidiaries, margin recovery lead
tyre bead wire · auto ancillary · margin recovery
23 Jul 2026
PRIMESECUPRIME SECURITIES LTD.
Prime Securities Q1: consolidated PAT ₹2.0 Cr, down 81% YoY as Trigen Wealth costs bite
investment banking · wealth management · margin compression
STYLSeshaasai Technologies Ltd
Seshaasai Q1 consolidated PAT +64% YoY to ₹60 Cr on debt paydown and lower tax; revenue +21%
bfsi technology · payment cards · iot solutions
RAMCOSYSRAMCO SYSTEMS LTD.
Ramco Q1: consolidated PAT slips to ₹0.56 Cr, down 48% YoY as margins compress
it services · erp software · margin compression
FCLFINEOTEX CHEMICAL LTD.
Fineotex Q1: acquisition drives consolidated PAT +93% to ₹48 Cr, but margins compress
specialty chemicals · oil and gas chemicals · acquisition led growth
GRPLTDGRP LTD.
GRP swings back to profit: consolidated PAT ₹4.2 Cr, +140% YoY as margins rebound to ~10.8%
rubber recycling · margin expansion · profit rebound
WAAREEINDOIndosolar Ltd
Indosolar Q1 PAT drops 69% YoY to ₹36.6 Cr as revenue slumps 65%
solar modules · waaree group · revenue decline