Jubilant Pharmova Ltd – CREDIT RATING ASSIGNED

Credit rating assigned by India Ratings and Research Pvt Ltd for proposed non-convertible debentures:

- Instrument: Proposed Non-Convertible Debentures

- Amount: INR 1400 Cr

- Rating: IND AA+/Stable

- Rating Action: Assigned

ETERNAL Q2 FY27

Net Profit: ₹125 Cr ↑92% YoY | ↑36% QoQ

Revenue: ₹24,138 Cr ↑78% YoY | ↑19% QoQ

EBITDA: ₹752 Cr ↑215% YoY | ↑27% QoQ

EBITDA Margin: 3.1% vs 1.8% YoY | 2.9% QoQ

Other Income: ₹351 Cr vs ₹352 Cr YoY | ₹375 Cr QoQ

ETERNAL Q2 FY27: REVENUE & EBITDA BEAT ESTIMATES, PROFIT MISSES

🟢 Revenue: ₹24,138 Cr vs ₹22,425 Cr estimated (+7.64%) - Beat

🟢 EBITDA: ₹752 Cr vs ₹530 Cr estimated (+41.89%)- Beat

🟢 EBITDA Margin: 3.1% vs 2.4% estimated (+70 bps)- Beat

🔻 Net Profit: ₹125 Cr vs ₹250 Cr estimated (−50%) - Miss

ETERNAL Q2 :

Expect To Cross 3,500 Stores By Mar 2027, And Our Current Plans Point To About 5,000

ETERNAL Q2 FY27: SEGMENT-WISE PERFORMANCE (CONSOLIDATED)

🍔 INDIA FOOD ORDERING & DELIVERY

• Revenue: Up 36.66% YoY to ₹3,396 Cr; up 9.55% QoQ.

• Profit: Up 24.90% YoY to ₹647 Cr; up 4.19% QoQ.

🚚 HYPERPURE (B2B BUSINESS)

• Revenue: Up 12.81% YoY to ₹1,154 Cr; up 11.61% QoQ.

• Profit: Up 1,800% YoY to ₹19 Cr; up 35.71% QoQ.

🛒 QUICK COMMERCE (BLINKIT)

• Revenue: Up 93.63% YoY to ₹19,152 Cr; up 22.27% QoQ.

• Profit: ₹488 Cr vs ₹5 Cr YoY; up 33.70% QoQ.

🍽 GOING OUT

• Revenue: Up 60.85% YoY to ₹304 Cr; down 4.40% QoQ.

• Loss: ₹55 Cr vs ₹57 Cr YoY and ₹61 Cr QoQ.

🏢 OTHER SEGMENTS

• Revenue: ₹132 Cr.

• Loss: ₹85 Cr vs ₹54 Cr YoY and ₹90 Cr QoQ.

ETERNAL (ZOMATO) Q2 FY27 HIGHLIGHTS

ADJUSTED EBITDA UP 197% YOY, BLINKIT REVENUE UP 94%

📊 CONSOLIDATED PERFORMANCE

• Net Order Value (NOV): Up 54% YoY to ₹35,644 Cr.

• Adjusted Revenue: Up 76% YoY to ₹24,621 Cr.

• Adjusted EBITDA: Up 197% YoY to ₹666 Cr.

• Cash Balance: ₹16,475 Cr, down ₹1,813 Cr QoQ.

🍔 FOOD DELIVERY

• NOV: Up 21% YoY to ₹11,445 Cr.

• Adjusted Revenue: Up 35% YoY to ₹3,879 Cr.

• Adjusted EBITDA: Up 25% YoY to ₹627 Cr.

• EBITDA/NOV Margin: 5.5%.

ETERNAL (ZOMATO) Q2 FY27 HIGHLIGHTS

🛒 QUICK COMMERCE (BLINKIT)

• NOV: Up 79% YoY to ₹20,940 Cr.

• Adjusted Revenue: Up 94% YoY to ₹19,152 Cr.

• Adjusted EBITDA: ₹184 Cr, improving ₹340 Cr YoY.

• EBITDA/NOV Margin: 0.9%.

🎟 GOING-OUT BUSINESS

• NOV: Up 58% YoY to ₹3,259 Cr.

• Adjusted Revenue: Up 61% YoY to ₹304 Cr.

• Adjusted EBITDA Loss: ₹64 Cr, with loss increasing ₹1 Cr YoY.

📦 B2B SUPPLIES (HYPERPURE)

• Adjusted Revenue: Up 13% YoY to ₹1,154 Cr.

• Adjusted EBITDA: ₹10 Cr, improving ₹15 Cr YoY.

• EBITDA Margin: 0.9%.

TATA COMMUNICATIONS: SPANISH COURT QUASHES €33.61 MILLION VAT DEMAND & PENALTY

• COURT RULING: Spain’s National Court ruled in favour of subsidiary TC Spain, annulling the VAT demand and penalty imposed by the Spanish Tax Agency.

• VAT & INTEREST: €15.51 million.

• PENALTY: €18.10 million.

• TOTAL DISPUTE VALUE: Approximately €33.61 million.

• STATUS: The matter remains subject to further legal proceedings.

ABBOTT Q3 EARNINGS

- ADJ EPS: $1.42 (EST $1.42)
- NET SALES: $13.01B (EST $13B)
- COMPARABLE SALES: +7%
- SEES Q4 ADJ EPS: $1.62 TO $1.67 (EST $1.64)
- SEES FY ADJ EPS: $5.50 TO $5.55 (PRIOR $5.45 TO $5.60)
- SEES 2026 COMPARABLE SALES GROWTH: ABOUT 6.0%
- REAFFIRMS YEAR EPS GUIDANCE

KEI INDUSTRIES Q2 FY27 : CONS NET PROFIT UP 29% AT ₹262 CR (YOY), DOWN 4% (QOQ)

REVENUE UP 39% AT ₹3,776 CR (YOY), UP 19% (QOQ)

EBITDA UP 40% AT ₹377 CR (YOY), DOWN 5% (QOQ)

MARGINS AT 10.0% VS 9.9% (YOY), 12.4% (QOQ)

US CRUDE OIL INVENTORIES ACTUAL: -3060K VS -8557K PREVIOUS; EST -324.20K

US CUSHING CRUDE OIL INVENTORIES ACTUAL: 987K VS 1862K PREVIOUS

THE INDIAN HOTELS: CO UPGRADES FY27 CONSOLIDATED REVENUE GROWTH GUIDANCE TO 15-17%, HOTEL SEGMENT GROWTH TO 17-19%, SEES FY28 BETTER THAN FY27

U.S. STATE DEPARTMENT IS SET TO ORDER THE DEPARTURE OF CERTAIN STAFF AND THEIR FAMILIES FROM AMERICAN EMBASSIES THROUGHOUT THE GULF

ARAMCO OIL FIELD IN THE EASTERN REGION HAS BEEN ATTACKED, WITH THE SAUDI ENERGY MINISTRY SAYING AIR DEFENCES INTERCEPTED A DRONE ATTEMPTING TO TARGET A FACILITY AT ARAMCO’S SHAYBAH OILFIELD

TWO PEOPLE WERE KILLED IN THE DRONE ATTACK ON SAUDI ARABIA’S SHAYBAH OILFIELD, THOUGH THERE WAS NO IMPACT ON OPERATIONS AT SAUDI ARAMCO’S SHAYBAH OILFIELD FOLLOWING THE ATTACK

MICROSOFT SAYS THAT AS EARLY AS SEPTEMBER 2026 THE CHINA-ALIGNED STORM-0940 ACTOR USED THE AI FRAMEWORK ARTEX TO AUTOMATE ATTACKS ON HUNDREDS OF ORGANIZATIONS GLOBALLY, ACHIEVING PRIVILEGED CLOUD ACCESS IN LESS THAN 3 HOURS IN MULTIPLE INSTANCES

MICROSOFT: STORM-0940 LINKED TO CONNECTWISE SUPPLY-CHAIN COMPROMISE; PASSWORD-SPRAY CAMPAIGN TARGETED 327 ACCOUNTS ACROSS 8 ORGANIZATIONS OCT. 10-14

MICROSOFT SAYS STORM-0940 AUTHENTICATION ACTIVITY WAS DETECTED IN MULTIPLE CUSTOMER ENVIRONMENTS, THOUGH DATA ACCESS HAS NOT BEEN CONFIRMED

MICROSOFT SAYS STORM-0940 HAS USED OAUTH APPLICATIONS TO ACCESS AND EXFILTRATE EMAIL AND OTHER DATA THROUGH MICROSOFT GRAPH

Meta Q3 2026 Earnings $META

EPS $3.83, est. $3.57
Rev. $64.60B, est. $63.33B
Ad rev. $63.06B, est. $61.85B
Family of Apps rev. $64.16B, est. $62.75B
Reality Labs rev. $443M, est. $517.7M
Oper income $12.99B, est. $20.85B
Family of Apps oper income $17.12B, est. $23.3B
Reality Labs oper loss $4.13B, est. loss $5.13B
Establishes new non-voting Class C common stock
Sees Q4 rev. $73B to $76B, est. $73.57B