
business
JK Cement Q2 Net Profit Increases 6.3% to ₹169.3 Crore
JK Cement's Q2 net profit rose 6.3% to ₹169.3 crore driven by volume gains.
Key points
- Fresh order intake doubled year-on-year to $1.04 billion, including a $230-million UK public-sector engagement.
- The company's executable order book for the next 12 months reached an all-time high of $2.38 billion.
- NRC chair D.K. Singh resigned following an internal audit review that flagged governance lapses.
Why it matters. Increased large deal velocity and AI-led efficiencies may support sustained growth and profitability as automation pressures traditional labor-based pricing models.
JK Cement Ltd reported its September quarter FY2026-27 results on Saturday. Revenue from operations rose 23.65 per cent to ₹3,733.42 crore, while grey cement sales volume increased 21 per cent to 5.37 million tonnes. The JK Organisation Group flagship also approved a ₹130 crore water-based paint plant in Telangana's Suryapet district via subsidiary JK Maxx Paints Ltd.
Latest updates
JK Cement Q2 Net Profit Increases 6.3% to ₹169.3 Crore
JK Cement Ltd, the flagship of the JK Organisation Group, posted a consolidated net profit of ₹169.3 crore for the July-September quarter. This is an increase from the ₹159.25 crore reported in the same period a year ago. The company's revenue from operations also saw a jump of 23.7%. According to a regulatory filing, the profit growth was primarily supported by gains in sales volume.
Godrej Properties Q2 net profit drops 62% to ₹154 crore
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BPCL Q2 Net Profit Drops 22.5% To ₹4,993 Crore
Bharat Petroleum Corporation Ltd (BPCL) saw its standalone net profit fall 22.5% to ₹4,993 crore for the July-September quarter of fiscal 2027. The company reported that earnings from operations weakened because of a retail price freeze on fuel despite rising costs. In the same quarter last year, the company had earned ₹6,443 crore. The results highlight the impact of government-influenced pricing on state-owned oil marketing companies.
Godrej Properties Q2 Net Profit Drops 62% To ₹154 Crore
Godrej Properties Ltd saw its Q2FY27 net profit fall to ₹154 crore from ₹405 crore in Q2FY26. EBITDA also dropped 72% to ₹171 crore compared to ₹614 crore in the previous year. However, the company reported a 38% year-on-year increase in total income. Record first-half bookings and improved cash collections helped offset the weak quarterly earnings.
Coforge Q2 Net Profit Rises 56.5% To ₹588 Crore
Coforge's consolidated profit rose to ₹588 crore from ₹375.8 crore in the same quarter last year. Revenue for the period increased by 53.6 per cent. The company attributed the growth to the infusion of AI into existing fixed-price projects, which improved margins. These results were announced on Friday.
Coforge Q2 net profit rises 56.5% to ₹588.1 crore
Coforge Ltd's net profit rose to ₹588.1 crore in the September quarter, while revenue climbed 53.6% to ₹6,171 crore. The company's fresh order intake doubled year-on-year to reach $1.04 billion. Following these results, Coforge raised its FY27 EBIT margin guidance to 16%. The growth is attributed to a significant increase in deal wins.
Dr Reddy's Q2 profit drops 36% to ₹925 crore
Dr Reddy's Laboratories reported a consolidated revenue of ₹8,671 crore for the September quarter, a 1.5% decrease year-on-year. Net profit fell 36% to ₹925 crore, largely impacted by reduced sales of generic lenalidomide (Revlimid) in North America. Despite the dip, the company reported double-digit growth in its base markets. The firm plans to relaunch semaglutide in November to recover near-term earnings.
Dr Reddy's Q2 Net Profit Drops 32% To ₹913 Crore
The company's revenue from operations fell to ₹8,697.8 crore, compared to ₹8,828.3 crore in the same period last year. Net profit dropped from ₹1,336.8 crore in the previous year's corresponding quarter to ₹913.2 crore. The decline reflects challenges in revenue generation for the multinational pharmaceutical firm. The results were reported for the second quarter ending September.
Infosys Q2 net profit rises 6% to ₹7,823 crore
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Dr Reddy's Q2 Net Profit Drops 36% To ₹925 Crore
Dr Reddy's Laboratories saw its consolidated net profit fall to ₹925 crore for the second quarter of FY27, a 36% decrease compared to the previous year. Revenue for the period also dipped 1.5% to ₹8,670.8 crore. The company attributed the profit slump to reduced sales of lenalidomide in the North American market. However, the firm noted that its base business, excluding North American lenalidomide sales, maintained double-digit growth.
HPCL Net Profit Drops 9 Percent In Second Quarter
Hindustan Petroleum Corporation Limited (HPCL) saw its net profit slip by 9 percent during the second quarter. The company attributed the decline to volatility in crude oil prices which impacted margins. HPCL is headquartered in Mumbai and operates as a major oil marketing company. Further details on the Gross Refining Margin were noted for the reported quarter.
Mahindra Lifespaces Q2 net profit drops 66% to ₹16.34 crore
Mahindra Lifespace Developers Ltd (MLDL) filed its second-quarter results for FY27, showing a sharp decline in profitability. The company's consolidated net profit fell 65.9% year-on-year to ₹16.34 crore. Conversely, the real estate venture saw strong top-line growth, with consolidated sales increasing 32% to reach ₹1,126 crore during the quarter. The results highlight a gap between sales growth and bottom-line performance.
HPCL Q2 Net Profit Drops 9% to ₹3,483 Crore
State-run Hindustan Petroleum Corp (HPCL) saw its standalone net profit fall 9% to ₹3,483 crore for the second quarter. The decline was driven by a sharp spike in crude oil prices and increased tax expenses, which squeezed profit margins. Despite the profit dip, the company reported a 26.2% increase in product sales, which rose to ₹1.39 trillion. The results were released on Thursday.
Adani Total Gas Q2 net profit rises 3% to ₹167 crore
The company's growth was driven by increased sales of compressed natural gas (CNG) and piped natural gas (PNG). These gains helped offset a 43% spike in the cost of natural gas during the September quarter. Revenue from operations reached ₹2,102 crore. The results reflect the company's ability to scale volume despite rising input costs.
JK Bank Q2 Net Profit Rises 10.6% To ₹546.36 Crore
Jammu and Kashmir Bank's Q2 net profit grew to ₹546.36 crore, driven by improved asset quality and earnings growth. This represents a 28.8% sequential increase from the ₹424.18 crore reported in the first quarter of the current fiscal year. The bank attributed the growth to a stronger balance sheet and better recovery of assets.
PC Jeweller shares jump 9 percent after Q2 net profit rises to Rs 330 crore
Shares of PC Jeweller jumped nearly 9 percent on Thursday following the announcement of strong financial results for the second quarter of fiscal year 2027. The company reported a 58 percent year-on-year increase in consolidated net profit, reaching Rs 330.66 crore. Alongside the earnings growth, PC Jeweller successfully returned to a debt-free status and recovered critical export receivables. Management outlined aggressive expansion plans, including the opening of up to 100 new showrooms across the country. Investor interest was further amplified by bulk deal transactions involving prominent market participants.
PC Jeweller shares rise 9% as Q2 net profit jumps 58%
PC Jeweller shares jumped nearly 9% on Thursday, October 22, after the company reported a 58% year-on-year increase in consolidated net profit to ₹330.66 crore for Q2FY27. The company announced it has returned to a debt-free status and has successfully recovered export receivables. As part of its growth strategy, the jeweller plans to open up to 100 new showrooms. Investors are also monitoring bulk deal transactions involving Aditya Kumar Halwasiya.
PC Jeweller shares jump 9% as Q2 net profit rises 58% to ₹330.66 crore
PC Jeweller Ltd reported a 58% year-on-year increase in consolidated net profit to ₹330.66 crore for the second quarter of FY27. Following the announcement on October 22, the company's shares jumped nearly 9%. The firm stated it has returned to a debt-free status and successfully recovered export receivables. Moving forward, the company plans to expand its retail footprint by opening up to 100 new showrooms.
PC Jeweller reports 58 percent jump in Q2 net profit
PC Jeweller released its financial results for the second quarter of fiscal year 2027, highlighting robust growth across major operational metrics driven by healthy consumer demand. The company posted a net profit of Rs 331 crore, marking a 58 percent rise compared to the same period last year. Revenue grew by 28 percent to reach Rs 1,054 crore, while EBITDA surged 74 percent with margins improving to 29.3 percent. Additionally, the company announced it has successfully repaid all consortium bank dues ahead of schedule.
PC Jeweller Reports 58 Percent Rise in Q2 Net Profit to Rs 331 Crore
PC Jeweller reported a 58 percent year-on-year rise in its Q2FY27 net profit, reaching Rs 331 crore, alongside a 28 percent growth in revenue to Rs 1,054 crore for the quarter ended September. The company's EBITDA surged by 74 percent, with operating margins improving to 29.3 percent. Management highlighted that healthy consumer festive demand bolstered financial performance during the period. Additionally, the firm successfully repaid all consortium bank dues ahead of its scheduled timeline.
Sources
- Business Standardbusiness-standard.com
- Mintlivemint.com
- Business Standardbusiness-standard.com
- Business Standardbusiness-standard.com
- Business Standardbusiness-standard.com
- The Hinduthehindu.com
- Mintlivemint.com
- The Hinduthehindu.com
- The Hinduthehindu.com
- Business Standardbusiness-standard.com
- The Hinduthehindu.com
- Business Standardbusiness-standard.com
- Business Standardbusiness-standard.com
- Business Standardbusiness-standard.com
- Business Standardbusiness-standard.com
- Mintlivemint.com
- Mintlivemint.com
- Business Standardbusiness-standard.com