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India Q2 Earnings Day: Estimates Flag Strong ONGC, Deep Vodafone Idea Loss as Results Start to Land

Media projections frame expectations ahead of official Q2 disclosures throughout the day.

Overview

  • Emami reported Q2 FY26 consolidated net profit of ₹148.35 crore, down 30% year-on-year, on revenue of ₹798.51 crore, down 10.3%, with EBITDA falling 29% and margin at 22.4%.
  • NDTV Profit estimates ONGC’s Q2 profit at ₹8,660 crore with revenue of ₹32,960 crore and EBITDA of ₹20,553 crore, implying an operating margin near 62%.
  • Vodafone Idea is projected to post revenue of ₹11,126 crore and EBITDA of ₹4,665 crore, alongside an estimated net loss of about ₹6,712 crore for the quarter.
  • Bajaj Finance is expected to report a quarterly profit of ₹4,969 crore on revenue of ₹13,215 crore, according to the pre-announcement estimates.
  • Other scheduled reporters include Jindal Stainless, KPIT Technologies, SJVN and V-Mart, with estimates pointing to SJVN’s EBITDA margin near 83% and a quarterly net loss at V-Mart.