Overview
- India’s Q2 FY26 earnings season effectively closed on Nov. 13 with more than 700 companies reporting results.
- Eicher Motors posted a 24% rise in consolidated profit to Rs 1,369 crore on 45% revenue growth, while Royal Enfield recorded its highest‑ever quarterly sales at 3,27,067 units.
- Hero MotoCorp reported higher profit and a 16% revenue increase to Rs 12,126 crore, selling 16.91 lakh units as executives said GST changes improved consumer sentiment.
- Ashok Leyland logged a record consolidated net profit of Rs 820 crore, aided by margin expansion and lower losses at Switch Mobility following the shutdown of its UK operations.
- The newly listed Tata Motors commercial vehicles entity reported a consolidated net loss of Rs 867 crore due to about Rs 2,026 crore mark‑to‑market losses on Tata Capital investments, even as volumes rose 12% and underlying margins improved; Voltas’ revenue fell 10% and profit 74% on a heavy monsoon and GST‑timing deferrals.