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  1. Q2 Results Highlights: Jio Financial PAT declines 51% YoY; Tech Mahindra profit rises 8.2% QoQ to ₹1,586 crore

Q2 Results Highlights: Jio Financial PAT declines 51% YoY; Tech Mahindra profit rises 8.2% QoQ to ₹1,586 crore

Upstox

5 min read | Updated on October 15, 2026, 19:42 IST

SUMMARY

Q2 Results Highlights: Tech Mahindra posted an 8.2% quarter-on-quarter (QoQ) rise in its consolidated net profit to ₹1,856 crore, Persistent Systems' PAT dropped 27% in the same period, and Wipro reported a 4.67% decline in consolidated profit after tax to ₹3,200 crore in Q2 FY27.

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Nearly 50 companies will post Q2 FY27 earnings on Thursday, October 15. | Image: Shutterstock

  1. Q2 Results Live Updates: Jio Financial's interest income rises to ₹680 crore

    Jio Financial's net interest income (NII) increased to ₹680 crore, in comparison ₹257 crore in the same period a year earlier.

    October 15, 2026, 19:33 PM

  2. Q2 Results Live Updates: Jio Financial PAT declines 51% to ₹340 crore

    Jio Financial Services (JFS) net profits declined 51% year-on-year (YoY) to ₹340 crore in the September quarter results for the financial year 2026-27, in comparison to ₹695 crore in the same period a year earlier, as per the exchange data.

    October 15, 2026, 19:29 PM

  3. Q2 Results Live Updates: Angel One's revenue advances nearly 19% in Sept quarter

    Angel One recorded a nearly 19% surge in its overall revenue from core operations to ₹1,426.98 crore in the second quarter of FY27, in comparison to ₹1,201.75 crore in the same period a year earlier. The company's revenues include interest income, dividend income, and fees and commission gains.

    October 15, 2026, 17:49 PM

  4. Q2 Results Live Updates: Angel One PAT rises 58% YoY to ₹335 crore

    Brokerage company, Angel One posted a 58% year-on-year (YoY) rise in its consolidated net profit to ₹335 crore inthe September quarter of FY27, in comparison to ₹211.73 crore in the corresponding quarter of the previous financial year, as per the latest exchange filing.

    October 15, 2026, 17:43 PM

  5. Q2 Results Live Updates: Tech Mahindra declares ₹5/share interim dividend

    Tech Mahindra declared an interim dividend of ₹15 per equity share of the face value of ₹5 each (300%) for the financial year 2026-27. The record date for entitlement of interim dividend is Friday, October 23, 2026.

    October 15, 2026, 17:39 PM

  6. Q2 Results Live Updates: Tech Mahindra revenues jump 3% in September quarter

    NSE filings showed that Tech Mahindra's revenues from core operations advanced 3% sequentially to ₹16,180 crore in the September quarter of the financial year 2026-27, from ₹15,711.9 crore in the previous quarter of the current fiscal year.

    October 15, 2026, 17:20 PM

  7. Q2 Results Live Updates: Tech Mahindra's net profit rises 8.2% to ₹1,586 crore

    Tech Mahindra posted its Q2 results for the financial year 2026-27 on Thursday, October 15. The company posted a 8.2% quarter-on-quarter (QoQ) rise in its consolidated net profits to ₹1,856 crore in the September quarter of FY27, in comparison to ₹1,465 crore in the first quarter of FY27, as per the exchange filing.

    October 15, 2026, 17:09 PM

  8. Q2 Results Live Updates: Persistent Systems revenues up 8.3%

    The midcap IT company Persistent Systems' revenue from core operations advanced by 8.3% to ₹4,664 crore in Q2 FY27, from ₹4,303 crore in Q1 FY27, as per the exchange filings.

    October 15, 2026, 17:09 PM

  9. Q2 Results Live Updates: Persistent Systems PAT declines 27% QoQ

    Persistent Systems recorded a 27.2% decline in its net profit after tax (PAT) to ₹352 crore in the second quarter of FY27, in comparison to ₹483 crore in the previous quarter of the current fiscal year.

    October 15, 2026, 17:00 PM

  10. Q2 Results Live Updates: Here's what Wipro management said on earnings

    Q2 Results Live Updates: Srini Pallia, CEO and Managing Director, said, “The strategic investments we have been making are beginning to deliver results. They are enhancing our ability to win in new markets, add new clients, and grow existing relationships. At the same time, our consulting-led, AIpowered strategy is helping us create larger transformation opportunities. We see AI as a long-term growth driver that will expand the addressable market for technology and business transformation. We are already seeing its potential reflected in the momentum across our AINative Unit and AI offerings portfolio”.

    Aparna Iyer, Chief Financial Officer, said, “Our operating margin for the quarter was 16.5%, an expansion of 0.5% sequentially. We have delivered this improvement even while continuing to invest in our business and people. We remain relentless in driving cash flow conversion. Q2 is yet another quarter where our operating cash flow has been robust and stood at 166% of net income

    October 15, 2026, 16:38 PM

  11. Q2 Results Live Updates: Wipro profit declines nearly 5% QoQ to ₹3,200 crore, revenue up 1%

    Q2 Results Live Updates: Wipro reported a 1.92% year-on-year decline in consolidated profit after tax to ₹3,200 crore in Q2 FY27, compared to ₹3,262.40 crore a year back. Sequentially, profit fell 4.67%.

    Its revenue from operations advanced 9.06% YoY to ₹24,753 crore from ₹22,697 crore. Sequentially, revenue rose 1.12%

    October 15, 2026, 15:58 PM

  12. Q2 Results Live Updates: IRFC profit rises 10% to ₹1,958 crore, dividend announced

    Q2 Results Live Updates: Indian Railway Finance Corporation reported a 10.21% increase in net profit to ₹1,958 crore in Q2 FY27, compared to ₹1,776.98 crore a year ago. Its revenue from operations surged 23.45% YoY to ₹7,866.

    The company also announced an interim dividend of ₹1.15 per share. The record date is October 23.

    October 15, 2026, 15:28 PM

  13. Q2 Results Live Updates: GAIL to declare earnings on Oct 30

    Q2 Results Live Updates: The board of directors of GAIL (India) Ltd will announce earnings for the quarter ended September 2026 on October 30.

    October 15, 2026, 15:10 PM

  14. Q2 Results Live Updates: HDFC AMC profit rises 4% to ₹749 crore, revenue up 14%

    Q2 Results Live Updates: HDFC Asset Management Company reported a 4.22% increase in its consolidated net profit to ₹749 crore in Q2 FY27, compared to 718.43 crore a year back. Its revenue from operations advanced 13.9% YoY to ₹1,170 crore.

    October 15, 2026, 14:52 PM

  15. Q2 Results Live Updates: Tata Communications profit advances 86% to ₹341 crore, revenue up 10%

    Q2 Results Live Updates: Tata Communications on Thursday reported an 86.29% rise in consolidated net profit at ₹341 crore for the September quarter of FY27, on a year-on-year basis.

    The company had posted a consolidated net profit of ₹183.06 crore in the corresponding period last fiscal.

    Its revenue from operations rose 9.64% to ₹6,687.89 crore in the July-September quarter of FY27. This was ₹6,099.75 crore in the corresponding period a year ago.

    October 15, 2026, 14:11 PM

  16. Q2 Results Live Updates: DB Corp net profit falls 27% to ₹69 crore, revenue down 5%

    Q2 Results Live Updates: Newspaper group DB Corp reported a 26.58% fall in its consolidated net profit to ₹69 crore in the second quarter of the current fiscal year, compared to ₹93.46 crore a year ago. Its revenue from operations slipped 5.47% to ₹581 crore.

    October 15, 2026, 13:50 PM

  17. Q2 Results Live Updates: UCO Bank net profit surges 27% to ₹786 crore, NII up 14%

    Q2 Results Live Updates: UCO Bank reported a 26.77% rise in net profit to ₹786 crore for the second quarter ended September 2026. The bank had earned a net profit of ₹619.76 crore in the year-ago period.

    Net interest income (NII) rose 14% YoY to ₹2,886.4 crore.

    October 15, 2026, 13:35 PM

  18. Q2 Results Live Updates: Indian Bank net profit rises 15% to ₹3,462 crore

    Q2 Results Live Updates: Indian Bank reported a standalone net profit of ₹3,462 crore in the July-September quarter of FY27, reflecting an increase of 14.71% from ₹3,018.22 crore a year ago.

    October 15, 2026, 13:17 PM

  19. Q2 Results Live Updates: Polycab India PAT climbs 43% to ₹977 crore, revenue rises 53%

    Q2 Results Live Updates: Polycab India reported a consolidated net profit of ₹977 crore in Q2 FY27, up 42.59% from ₹685.45 crore a year ago. Its revenue from operations increased 52.83% YoY to ₹9,899 crore.

    October 15, 2026, 13:07 PM

  20. Q2 Results Live Updates: Here's what Nestle India CMD said on earnings

    Q2 Results Live Updates: Commenting on the results, Manish Tiwary, Chairman and Managing Director, Nestlé India, said, “I am pleased to share that the quarter saw a continuation of strong and broad-based growth across all product groups, with total sales reaching INR 6,782.2 crore, with a growth of 20.5%, that was driven by robust, double-digit volume growth. We continued to focus on efficiencies across our operations while significantly increasing investments behind our brands, with advertising and marketing spends up by 46%. EBITDA margin remained healthy at 23.8%. Profit After Tax for the quarter stood at INR 1,026.8 crore, up 36.3% over the corresponding quarter.

    Rising inflation, particularly food inflation, is a reality. We remain focused on navigating these external challenges through continuous innovation and renovation, sustained investments behind our brands, and an intensified focus on productivity and operational efficiencies to mitigate commodity cost pressures. I would like to thank our teams for their extraordinary commitment, resilience, and unwavering focus on execution in this challenging environment.

    At Nestlé India, food safety and quality are the foundation of consumer trust. I am proud of the unflinching commitment of our colleagues across our manufacturing units and would like to congratulate them for receiving the CII Food Safety & Quality Awards for our Sanand and Ponda factories and the Nestlé Global Quality Award for the Samalkha factory. These recognitions reaffirm our commitment to delivering safe, high-quality products to millions of consumers every day.

    Confectionery product group recorded another strong quarter of volume led double-digit growth, driven by continued market share gains in KITKAT® and sustained momentum across MUNCH and MILKYBAR. Powdered and Liquid Beverages product group delivered another quarter of strong, volume-led growth.

    This performance was driven by sustained household reach, enhanced affordability and continued premiumization across the coffee portfolio. Our continued investments behind the NESCAFÉ brand, coupled with a dual focus on expanding category penetration and accelerating premiumization, continue to strengthen category relevance and reinforce our long-term growth ambitions.

    NESPRESSO continued its strong growth momentum in e-commerce and retail channels fuelled by continuing premiumization and building seasonal relevance in summer through iced coffee. Prepared Dishes and Cooking Aids product group delivered strong growth. MAGGI noodles continued to expand through rural penetration, while MAGGI® Masala-ae-Magic continued to focus on driving household penetration by unlocking regional top dish usage across the country.

    Milk Products and Nutrition product group saw strong, broad-based growth with investments in brand building and portfolio optimisation.

    Pet Food business delivered strong double-digit growth, supported by sharper consumer engagement on digital platforms and focused route to market. We continued to strengthen our presence in the cat food segment through science-based nutritional solutions across mainstream and premium offerings, through FELIX Gravy Lover, PRO PLAN Cat and FRISKIES® wet cat. Leveraging Nestlé’s research and innovation capabilities, we remain focused on delivering advanced nutrition tailored to the evolving needs of pets.

    Nestle Professional continued its strong momentum, delivering robust, double-digit, volume-led growth through premium offerings, customer-centric solutions and innovative applications catering to evolving needs of customers in the out-of-home space.

    E-commerce also continued its strong trajectory, driven by sustained shopper engagement, portfolio breadth, and focused channel-specific execution. General Trade delivered robust, double-digit growth across town classes, led by strong momentum in rural markets. Continued expansion of rural distribution touchpoints enhanced our direct reach and strengthened market coverage.

    Digitalization continues to strengthen execution across our business. Building on the success of NestMitra for retailers, we are now putting data-enabled digital tools directly into the hands of our sales teams, enabling faster decisions and sharper market execution. Our sales officer app equips hundreds of sales officers with near real-time market insights, helping them identify opportunities and improve engagement.

    During a recent visit to Bathri, a village adopted under our Village Development Programme near our Tahliwal factory in Himachal Pradesh, I spent time with the Gram Pradhan. As we walked through the village, he shared stories of children staying in school, families paying greater attention to nutrition and hygiene, and farmers looking to the future with renewed confidence. This was a reminder that the true measure of impact lies in helping communities believe that a brighter future is within reach.

    I would like to thank our Board, shareholders, employees, retailers, distributors, and partners for their continued confidence and our consumers for the trust they place in our brands."

    October 15, 2026, 12:39 PM

  21. Q2 Results Live Updates: Nestle India profit rises 36% to ₹1,027 crore, revenue up 20%

    Q2 Results Live Updates: Nestle India reported a 36.32% increase in its standalone net profit to ₹1,026.77 crore in Q2 FY27, compared to ₹753.20 crore a year back. Its revenue from operations climbed 20.28% YoY to ₹6,788.34 crore.

    October 15, 2026, 12:34 PM

  22. Q2 Results Live Updates: Polycab shares trade in red

    Q2 Results Live Updates: Shares of wires and cables manufacturer Polycab India were trading 0.21% lower at ₹8,317.50 per unit on the NSE ahead of the earnings announcement.

    October 15, 2026, 12:05 PM

  23. Q2 Results Live Updates: Tech Mahindra shares climb over 3%

    Q2 Results Live Updates: Shares of technology consulting and digital solutions provider Tech Mahindra were trading at ₹1,626.80, up 3.28%, on the NSE. The company will post earnings today.

    October 15, 2026, 10:46 AM

  24. Q2 Results Live Updates: Nestle India shares fall

    Q2 Results Live Updates: Shares of food and beverage company Nestle India declined 0.56% to 1,375.40 per unit on the NSE ahead of earnings announcement.

    October 15, 2026, 10:11 AM

  25. Q2 Results Live Updates: Wipro shares rise nearly 2% ahead of earnings

    Q2 Results Live Updates: Ahead of earnings announcement, shares of Wipro were trading 1.59% higher at ₹173.63 apiece on the NSE.

    October 15, 2026, 10:10 AM

  26. Q2 Results Live Updates: Wipro, Nestle India, Tech Mahindra, Polycab, Jio Financial, HDFC Life, IRFC, HDFC AMC, Angel One, others to declare earnings

    Q2 Results Live Updates: Companies that will release earnings for the latest September quarter of FY27 on Thursday, October 15, include Nestle India, Wipro, Tech Mahindra, Jio Financial Services, Polycab India, HDFC Life Insurance Company, Indian Bank, Indian Railway Finance Corporation, HDFC Asset Management Company, Persistent Systems, L&T Finance, Tata Communications and Angel One, among others. Read More.

    October 15, 2026, 10:09 AM