YES BANK:

BANK SAYS SUPREME COURT’S ₹8,415-CRORE AT1 BOND RULING WILL NOT DERAIL GROWTH

SRF CONF CALL -

Outlook improving -

See better outlook for H2 growth -

Specialty Chem business see growth better in second half

TATA TELE. MAH. Q2 FY27 (STANDALONE)

Net Loss: ₹59 Cr vs ₹321 Cr loss YoY | ↓18% QoQ

Revenue: ₹310 Cr ↑8% YoY | ↑3% QoQ

Other Income: ₹2 Cr — Flat YoY | Flat QoQ

PARSHVA ENTERPRISES Q2 FY27 (CONS.)

Net Profit: ₹0.08 Cr ↑17.44% YoY | ↑5.49% QoQ

Revenue: ₹6.78 Cr ↑7.95% YoY | ↑5.72% QoQ

EBITDA: ₹0.16 Cr ↑33.25% YoY | ↓2.28% QoQ

EBITDA Margin: 2.41% vs 1.95% YoY | 2.60% QoQ

Kopran Ltd – EU GMP INSPECTION UPDATE

EU Medicine Authority inspection at Khopoli formulation facility:

- Inspection conducted from September 18, 2026, to September 23, 2026

- Successfully concluded with no critical observations

- One major observation and some minor observations recorded

- No data integrity related observations reported

- Compliance responses to be submitted within a fortnight

Caliber Mining And Logistics Ltd – REVISED DIESEL PRICE COMPENSATION MECHANISM

Revision in diesel price variation mechanism for mining service contracts with Coal India Limited subsidiaries:

- Compensation basis changed from retail pump price to bulk diesel price including transportation costs

- 100% of diesel price increase over the tender-assumed price will be compensated

- Diesel quantity for compensation will be based on standard consumption norms for work done instead of a fixed formula

- Revised method applies retrospectively from 20 March 2026

- Fortnightly payments up to 75% of work value will continue with final settlement in monthly bills

- Mechanism applies to contracts with Western Coalfields Limited (WCL) and Northern Coalfields Limited (NCL)

J&K BANK Q2 FY27

Net Profit: ₹553 Cr ↑12% YoY | ↑29% QoQ

NII: ₹1,504 Cr ↑5% YoY | Flat QoQ

PPOP: ₹790 Cr ↑27% YoY | ↑12% QoQ

Provisions: ₹72 Cr vs ₹11 Cr reversal YoY | ↓14% QoQ

Advances: ₹1,31,202 Cr ↑25% YoY

Deposits: ₹1,76,776 Cr ↑16% YoY

J&K BANK: BANK SAYS 60% OF THE NET INCREMENTAL CREDIT HAS BEEN CONTRIBUTED BY RETAIL, AGRICULTURE, MSME (RAM) SEGMENT

BRENT CRUDE FUTURES EXTEND RISE, UP OVER 3% TO $112.55 A BARREL TO HIGHEST SINCE MAY

RAJRATAN GLOBAL WIRE: CO'S CHENNAI EXPANSION IS ON TRACK, WITH PHASE 1 CAPACITY OF 30,000 TPA NEARING FULL UTILISATION AND EXPANSION TO 60,000 TPA UNDERWAY

CHENNAI PETRO Q2 FY27

Net Profit: ₹2,271 Cr ↑124% QoQ

Revenue: ₹20,588 Cr ↓25% QoQ

EBITDA: ₹3,231 Cr ↑108% QoQ

EBITDA Margin: 15.7% vs 5.68% QoQ

MAHINDRA LIFESPACE DEVELOPERS Q2 FY27 (CONS.)

Net Profit: ₹16.34 Cr ↓65.89% YoY | ↓80.90% QoQ

Revenue: ₹32.42 Cr ↑84.62% YoY | ↓96.63% QoQ

EBITDA: ₹55.02 Cr loss vs ₹52.47 Cr loss YoY | ₹94.48 Cr profit QoQ

EBITDA Margin: -169.71% vs -298.80% YoY | 9.82% QoQ

HAVELLS INDIA Q2 FY27 (CONS.)

Net Profit: ₹349.22 Cr ↑9.72% YoY | ↑20.54% QoQ

Revenue: ₹6,431.99 Cr ↑34.58% YoY | ↓1.32% QoQ

EBITDA: ₹573.33 Cr ↑30.77% YoY | ↑22.99% QoQ

EBITDA Margin: 8.91% vs 9.17% YoY | 7.15% QoQ

⚡️ HAVELLS INDIA Q2 FY27
SEGMENT-WISE RESULTS (CONSOLIDATED)

⚡️ SWITCHGEARS

Revenue: ₹781.74 Cr | YoY +31.27% | QoQ +28.63%

Profit: ₹198.46 Cr | YoY +49.43% | QoQ +56.68%

🔌 CABLES

Revenue: ₹2,998.90 Cr | YoY +47.87% | QoQ +22.13%

Profit: ₹304.26 Cr | YoY +9.36% | QoQ +19.50%

💡 LIGHTING & FIXTURES

Revenue: ₹459.50 Cr | YoY +7.26% | QoQ +14.69%

Profit: ₹45.53 Cr | YoY -16.56% | QoQ +9.74%

🔌 ELECTRICAL CONSUMER DURABLES

Revenue: ₹1,072.11 Cr | YoY +10.68% | QoQ -3.68%

Profit: ₹66.95 Cr | YoY +33.57% | QoQ +14.79%

❄️ LLOYD CONSUMER

Revenue: ₹619.41 Cr | YoY +28.47% | QoQ -57.51%

Loss: ₹105.51 Cr vs. ₹105.97 Cr loss YoY; compared with ₹56.26 Cr profit QoQ.

☀️ RENEWABLES

Revenue: ₹329.16 Cr | YoY +148.57% | QoQ +4.71%

Profit: ₹27.25 Cr | YoY +443.91% | QoQ +226.35%

📊 OTHERS

Revenue: ₹171.17 Cr | YoY +19.26% | QoQ +1.03%

Profit: ₹10.20 Cr | YoY +150.61% | QoQ +23.94%

NIPPON LIFE INDIA Q2 FY27

Net Profit: ₹324 Cr ↓6% YoY | ↓36% QoQ

Revenue: ₹796 Cr ↑21% YoY | ↑4% QoQ

Operating Profit: ₹537 Cr ↑25% YoY | ↑6% QoQ

Operating Profit Margin: 67.5% vs 65.3% YoY | 66.2% QoQ

NAM-INDIA: Q2 CONS NET PROFIT 3.2B RUPEES VS 3.45B (YOY); EST 4.2B

NAM-INDIA: Q2 EBITDA 5.4B RUPEES VS 4.3B (YOY); Q2 EBITDA MARGIN 67.54% VS 65.3% (YOY)

NAM-INDIA: Q2 REVENUE 8B RUPEES VS 6.58B (YOY)

HAVELLS Q2 FY27 : ACTUAL VS ESTIMATES

• NET PROFIT AT ₹353 CR VS EST ₹352 CR — BEAT BY 0.28% 🟢

• REVENUE AT ₹6,416.6 CR VS EST ₹5,937 CR — BEAT BY 8.08% 🟢

• EBITDA AT ₹576.3 CR VS EST ₹536 CR — BEAT BY 7.52% 🟢

• EBITDA MARGINS AT 9% VS EST 9% — IN LINE 🟢

HAVELLS SAYS

Strong business performance with growth in each category

Consumption demand remained steady despite high inflation

Contribution margins softer YoY mainly due to cables, where fall in aluminium prices during Q2 weighed on margins; rest of the portfolio held margins as calibrated price hikes offset raw material inflation

Lloyds performance impacted due to RM costs

SAYAJI INDUSTRIES Q2 FY27 (CONS.)

Net Profit: ₹3.14 Cr vs ₹9.16 Cr loss YoY | ↓57.26% QoQ

Revenue: ₹263.55 Cr ↑5.71% YoY | ↓8.51% QoQ

EBITDA: ₹14.53 Cr vs ₹2.14 Cr loss YoY | ↓17.85% QoQ

EBITDA Margin: 5.51% vs -0.86% YoY | 6.14% QoQ

📊 HAVELLS Q2 FY27 – MANAGEMENT HIGHLIGHTS

📈 BUSINESS PERFORMANCE

• Strong growth across all product categories.

• Consumer demand remained steady despite elevated inflation.

• EBITDA growth supported by operating leverage despite softer contribution margins.

• PBT growth moderated due to a high base, as Q2 FY26 included a one-time gain of ₹45.27 Cr from the sale of the Faridabad facility.

🔌 CABLE MARGINS

• Decline in aluminium prices during Q2 weighed on cable contribution margins, leading to YoY margin pressure.

• H1 cable contribution margin stood at around 15%, in line with the long-term average.

🏭 OTHER SEGMENTS

• Margins remained stable as calibrated price hikes offset raw material inflation.

📊 HAVELLS Q2 FY27 – SEGMENT-WISE HIGHLIGHTS

⚡ SWITCHGEARS

• Strong growth supported by domestic demand recovery and rebound in exports after Q1 disruptions.

🔌 CABLES

• Revenue growth driven by commodity-linked price hikes and higher-sized cable sales.

💡 LIGHTING

• Demand improved with price stabilisation, while margins remained soft due to project orders.

🏠 ELECTRICAL CONSUMER DURABLES

• Growth across product categories, indicating healthy consumer demand.

☀️ RENEWABLES

• Continued rapid expansion with improving margins, supported by better product mix.

❄️ LLOYD CONSUMER

• Healthy revenue growth driven by volumes and price hikes.

• Margins remained subdued due to raw material inflation and under-absorption.

BLUE STAR , VOLTAS 🔴

HAVELLS ON AC BIZ

Healthy revenue growth driven by volumes and price hikes, but margins remained subdued due to raw material inflation and under-absorption