KESORAMINDKESORAM INDUSTRIES LTD.
Kesoram back in the red: Q1 consol loss ₹20 Cr as costs outrun 27% revenue rebound
rayon · transparent paper · chemicals
Research Reports
31 Jul 2026
JINDWORLDJINDAL WORLDWIDE LTD.
Jindal Worldwide Q1: PAT +86% to ₹32 Cr on one-off EV stake gain; core textile margins soften
textiles · denim · one-off gain
RAMRATRAM RATNA WIRES LTD.-$
Ram Ratna Wires: consolidated PAT surges 121% YoY on copper tubes boom, eases 10% QoQ
copper tubes and pipes · winding wires · margin compression
ITCITC LTD.
ITC Q1 FY27: cigarette tax hike squeezes profit, consolidated PAT ₹4,509 Cr down 16% YoY
fmcg · cigarettes · excise duty hike
MARUTIMARUTI SUZUKI INDIA LTD.
Maruti Q1: revenue up ~36% YoY but consolidated PAT falls 9% on sharp margin squeeze
passenger vehicles · auto sector · margin compression
MICELMIC ELECTRONICS LTD.
MIC Electronics: consol PAT +28% YoY to ₹2.13 Cr, OPM slumps to 9.8% on trading mix
led products · margin compression · trading segment
URBANCOUrban Company Ltd
Urban Company Q1: ₹92 Cr consolidated loss on InstaHelp burn, revenue up 44% YoY
home services · gig economy marketplace · instahelp losses
BAJAJHLDNGBAJAJ HOLDINGS & INVESTMENT LTD.
BHIL Q1: consol PAT ₹2,708 Cr, ~28% higher adjusted; reported -23% on prior-year BFS gain
holding company · associate profit pickup · bajaj auto
XPROINDIAXPRO INDIA LTD.
Xpro India: consolidated PAT turns profitable YoY, but forex-adjusted profit falls ~18%
polymer films · dielectric films · uae subsidiary
DIXONDixon Technologies (India) Ltd
Dixon Q1 PAT jumps 156% to ₹718 Cr on ₹506 Cr PLI one-off; underlying profit near flat
electronics manufacturing · ems · pli incentive
ASTECASTEC LIFESCIENCES LIMITED
Astec stays in red: Q1 consolidated loss narrows YoY to ₹18.7 Cr as revenue slips 8%
agrochemicals · loss narrowing · seasonality
AVLAditya Vision Ltd
Aditya Vision Q1FY27: PAT +40% YoY to ₹77 Cr, margin expansion beats 8-10% guidance
consumer electronics retail · store expansion · margin expansion
BLACKROSEBLACK ROSE INDUSTRIES LTD.
Black Rose Q1 FY27: consolidated PAT up 148% YoY as OPM expands to 16.2%
chemicals · acrylamide · margin expansion
SUNPHARMASUN PHARMACEUTICAL INDUSTRIES LTD.
Sun Pharma Q1: sales +10.5%, but EBITDA margin slips to 28.9% and adjusted PAT up only ~3%
specialty pharma · margin compression · us generics decline
SIGMASigma Solve Ltd
Sigma Solve Q1FY27: consol PAT +143% YoY, though ~44% adjusted as other income surges
it services · other income · margin expansion
SJVNSJVN Ltd
SJVN Q1: consolidated revenue surges 52% as new capacity fires up; PAT flat, margins compress
power generation · hydro power · thermal commissioning
KAJARIACERKAJARIA CERAMICS LTD.
Kajaria Q1: consolidated PAT +55% YoY to ₹171 Cr on margin expansion, volume gains
ceramics · tiles · building materials
ABCAPITALAditya Birla Capital Ltd
Aditya Birla Capital Q1: consolidated PAT +40% YoY to ₹1,175 Cr, margins widen
nbfc · financial services · lending growth
GAILGAIL (INDIA) LTD.
GAIL Q1: consolidated PAT nearly doubles YoY to ₹4,671 Cr on gas-marketing surge
natural gas · gas marketing · margin expansion
CENTURYPLYCENTURY PLYBOARDS (I) LTD.-$
Century Plyboards Q1: consolidated PAT +57% YoY to ₹83 Cr, revenue up 33%, margins widen
wood panels · plywood · mdf
BLALBEML Land Assets Ltd
BEML Land Assets: Q1 net loss of ₹0.47 Cr despite ₹0.36 Cr pre-tax profit on deferred tax
psu subsidiary · land monetisation · deferred tax
THELEELALeela Palaces Hotels & Resorts Ltd
Leela Q1: revenue +28% YoY, consolidated PAT ₹49 Cr as deleveraging halves interest cost
luxury hotels · hospitality · revenue growth
ZUARIZUARI AGRO CHEMICALS LTD.
Zuari Agro Q1 FY27: PAT flat at ₹119 Cr; -51% revenue reflects MCFL deconsolidation
fertiliser · deconsolidation · joint venture profit
SANGHVIMOVSANGHVI MOVERS LTD.
Sanghvi Movers Q1: consolidated PAT ₹65 Cr up 30% YoY on 39% revenue jump, but margins slip
crane rental · capital goods · margin compression
VOLTAMPVOLTAMP TRANSFORMERS LTD.
Voltamp Q1: revenue surges 28% YoY to Rs544 Cr, but margins compress ~240bps
capital goods · transformers · revenue growth
TAJGVKTAJGVK HOTELS & RESORTS LTD.
TajGVK Q1FY27: PAT ₹31.7 Cr on ₹165 Cr revenue, +55% YoY as Greenwoods now consolidated
hospitality · consolidation accounting · minority interest
ESAFSFBESAF Small Finance Bank Ltd
ESAF SFB swings to ₹80 Cr Q1 profit from ₹81 Cr year-ago loss as asset quality heals
small finance bank · turnaround · asset quality
STARStrides Pharma Science Ltd
Strides Q1 PAT ₹165 Cr up 57% YoY, but one-off Pivot Path gain masks flat core profit
pharma · us generics · exceptional gain
YASHOYasho Industries Ltd
Yasho Q1: consolidated PAT ₹36 Cr on 11.7% margin as exports drive 55% YoY revenue jump
specialty chemicals · aroma chemicals · margin expansion
SHADOWFAXShadowfax Technologies Ltd
Shadowfax Q1: consolidated PAT ₹65 Cr on +65% YoY revenue, margins keep widening
logistics · last mile delivery · margin expansion