Q2 Earnings Season: Top Companies to Watch Today
Reliance Industries Ltd., JSW Steel Ltd., 360 One WAM Ltd., PVR Inox Ltd., JSW Energy Ltd., L&T Technology Services, and Hindustan Zinc Ltd. are among the top names that will announce their earnings for the second quarter of the current financial year on Friday. In this article, we will delve into the earnings estimates of these companies and what factors are likely to impact their performance.
Reliance Industries Q2 Earnings Preview
RIL is likely to clock a rise in net profit to Rs 20,022.6 crore and a revenue of Rs 2,48,798 crore for the quarter ended September, according to a survey of analysts’ estimates done by Bloomberg. The company’s performance is expected to be driven by its oil and gas segment, which has seen a significant increase in demand in recent months. Additionally, RIL’s retail segment is also expected to contribute to the company’s growth.
JSW Steel Q2 Earnings Preview
JSW Steel will also be reporting its results for the second quarter of fiscal 2026 on Friday. The company is likely to report a net profit of Rs 1,765.5 crore and revenue of Rs 44,170.8 crore, according to estimates. JSW Steel’s performance is expected to be driven by the steel industry‘s growth, which has been fueled by increased demand from the construction sector and other industries.
Earnings Estimates of Major Companies
Here are the earnings estimates of major companies that are scheduled to announce their results on Friday:
- JSW Steel Ltd. is set to announce its financial results for the second quarter of the financial year ending March 2026, with analysts expecting a mixed performance, as weaker realisations are likely to offset gains from robust domestic demand and steady volume growth.
- While analysts see continued strength in India’s steel consumption and improving market share, margins could remain under pressure due to lower net sales realisations and higher input costs.
Indian Banks’ Q2 Earnings Preview
India’s banks are expected to report softer earnings for the September quarter, as narrowing net interest margins and weak trading gains weigh on profitability. Analysts, however, see stability in core earnings and expect commentary to turn more constructive on growth and asset quality.
Loan growth remained strong across most lenders during the quarter, supported by higher deposit mobilisation and an improvement in loan-to-deposit ratios. However, analysts expect profitability to be hit by margin pressure following the Reserve Bank of India’s earlier repo-rate cuts and reduced treasury income. Despite that, lower credit costs and easing slippages in agriculture and microfinance loans could lend stability to core earnings.
Conclusion
In conclusion, the Q2 earnings season is expected to be a mixed bag, with some companies performing well and others facing challenges. Investors should keep a close eye on the earnings reports of these companies and adjust their investment portfolios accordingly. Additionally, they should also consider the overall market trends and economic indicators before making any investment decisions.
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