V-GUARD INDUSTRIES Q2 FY27 RESULTS

• Net Profit: ₹112 Cr ↑71% (YoY) | ↓14% (QoQ)

• Revenue: ₹1,853 Cr ↑38% (YoY) | ↑2% (QoQ)

• Operating Profit: ₹168 Cr ↑54% (YoY) | ↓12% (QoQ)

• Margins: 9.1% vs 8.1% (YoY) | 10.5% (QoQ)

• EPS: ₹2.54 ↑70% (YoY) | ↓14% (QoQ)

SYMPHONY Q2 FY27 RESULTS

• Net Profit: ₹24 Cr ↑41% (YoY) | ↓40% (QoQ)

• Revenue: ₹275 Cr ↑31% (YoY) | ↓27% (QoQ)

• EPS: ₹3.56 ↑42% (YoY) | ↓38% (QoQ)

PARAS DEFENCE Q2 FY27 RESULTS

• Net Profit: ₹31 Cr ↑57% (YoY) | ↑47% (QoQ)

• Revenue: ₹151 Cr ↑43% (YoY) | ↑18% (QoQ)

• Operating Profit: ₹45 Cr ↑50% (YoY) | ↑40% (QoQ)

• Margins: 29.5% vs 28.1% (YoY) | 24.9% (QoQ)

• EPS: ₹3.76 ↑47% (YoY) | ↑43% (QoQ)

PIDILITE says

Expect Full-Year EBITDA Margin At Higher End Of 20-24% Band

Vinyl Acetate Monomer Consumption At $1,600/Tonne Vs $880/Tonne Last Yea

SAMBHV STEEL Q2 FY27 RESULTS

• Net Profit: ₹61 Cr ↑99% (YoY) | ↑8% (QoQ)

• Revenue: ₹836 Cr ↑44% (YoY) | ↑14% (QoQ)

• Operating Profit: ₹101 Cr ↑68% (YoY) | ↑6% (QoQ)

• Margins: 12.1% vs 13.0% (QoQ) | 10.4% (YoY)

• EPS: ₹2.07 ↑99% (YoY) | ↑8% (QoQ)

TARA CHAND INFRA Q2 FY27 RESULTS

• Net Profit: ₹9 Cr ↑21% (YoY) | ↑447% (QoQ)

• Revenue: ₹83 Cr ↑27% (YoY) | ↑23% (QoQ)

• EBITDA: ₹28 Cr ↑13% (YoY) | ↑40% (QoQ)

• Margins: 34.0% vs 29.9% (QoQ) | 37.9% (YoY)

PINE LABS: SAYS 65% OF UPI GTV COMES FROM TRANSACTIONS ABOVE RS 2000, EXPECTS TO BENEFIT FROM THE PROPOSED 0.4% MDR CAP THROUGH ACQUIRING BANK PARTNERS, AND REMAINS CONFIDENT OF SUSTAINING ITS GROWTH TRAJECTORY FOR THE REST OF THE YEAR.

TEXMACO RAIL & ENGINEERING LTD: CO. RECEIVES AMENDMENT FROM MINISTRY OF RAILWAYS FOR ADDITIONAL ORDER OF 1,020 BOXNS WAGONS; TOTAL CONTRACT VALUE INCREASED TO ₹1,786.74 CRORES; DELIVERY PERIOD EXTENDED TO JUNE 11, 2027.

PINE LABS: RAISES UPI GTV GUIDANCE; SEES MONTHLY UPI GTV AT ₹33,000–34,000 CR IN FY28 VS ~₹20,000 CR CURRENTLY

SHADOWFAX TECHNOLOGIES Q2 FY27 RESULTS

• Net Profit: ₹68 Cr ↑422% (YoY) | ↑4% (QoQ)

• Revenue: ₹1,538 Cr ↑57% (YoY) | ↑13% (QoQ)

• Operating Profit: ₹104 Cr ↑165% (YoY) | ↑13% (QoQ)

• Margins: 6.7% vs 6.8% (QoQ) | 4.0% (YoY)

• EPS: ₹1.16 ↑346% (YoY) | ↑5% (QoQ)

APAR INDUSTRIES: CO. TO INVEST UP TO USD 100M IN SINGAPORE UNIT

APAR INDUSTRIES Q2FY27

REVENUE 6,931.00 CR VS 5,715.00 CR
(+21.28% YOY┃+5.16% QOQ)

EBITDA 721.00 CR VS 465.00 CR
(+55.05% YOY┃-4.88% QOQ)

EBITDA MARGIN 10.40% VS 8.10% YOY & 11.50% QOQ

PAT 447.00 CR VS 252.00 CR
(+77.38% YOY┃-4.28% QOQ)

EPS 110.10 VS 62.66
(+75.71% YOY┃-5.39% QOQ)

ASIAN PAINTS Q2 FY27 RESULTS

• Net Profit: ₹1,085 Cr ↑7% (YoY) | ↓30% (QoQ)

• Revenue: ₹9,977 Cr ↑17% (YoY) | ↓5% (QoQ)

• EBITDA: ₹1,557 Cr ↑4% (YoY) | ↓28% (QoQ)

• Margins: 15.6% vs 17.6% (YoY) | 20.6% (QoQ)

• EPS: ₹11.14 ↑7% (YoY) | ↓31% (QoQ)

ASIAN PAINTS:

Q2 VOLUME-GROWTH AT 6.8% VS EST 8-10%

Asian Paint Decorative Business (India) delivered volume 6.4% -- Estimate was 7-8%

Asian paints - Second round of price hike

With inflationary pressures showing little sign of easing, we are implementing a further round of staggered price increases in the coatings business, while intensifying our cost-efficiency initiatives.

🎨 ASIAN PAINTS Q2 FY27 HIGHLIGHTS

🎨 DECORATIVE BUSINESS – INDIA

• Volume Growth: 6.4%.

• Value Growth: 14.5%.

🌍 INTERNATIONAL BUSINESS

• Net Sales grew 29.5% YoY (23.7% in constant currency).

🏭 CAPACITY EXPANSION

• Phase 1 of the VAE manufacturing plant at Dahej commissioned.

⚠️ PRICE INCREASES

• Further staggered price increases planned amid sustained raw material inflation.

🎨 ASIAN PAINTS Q2 FY27 HIGHLIGHTS

RESULTS (CONSOLIDATED)

• Net Sales: ₹9,953.9 Cr, up 16.9% YoY.

• PBDIT: ₹1,557.1 Cr, up 3.6% YoY.

• PBDIT Margin: 15.6% vs 17.7% YoY, down 202 bps.

• Profit Before Tax: ₹1,477.8 Cr, up 6.2% YoY.

• Net Profit: ₹1,067.6 Cr, up 7.5% YoY.

🏢 STANDALONE RESULTS

• Net Sales: ₹8,423.6 Cr, up 14.8% YoY.

• PBDIT: ₹1,440.3 Cr, up 5.9% YoY.

• PBDIT Margin: 17.1% vs 18.5% YoY, down 144 bps.

• Net Profit: ₹1,095.6 Cr, up 14.6% YoY.

💸 DIVIDEND

• Interim Dividend: ₹5.75 per share.

GRINDWELL NORTON Q2 FY27 RESULTS

• Net Profit: ₹133 Cr ↑24% (YoY) | ↑15% (QoQ)

• Revenue: ₹884 Cr ↑14% (YoY) | ↑10% (QoQ)

• EBITDA: ₹166 Cr ↑18% (YoY) | ↑6% (QoQ)

• Margins: 18.8% vs 18.2% (YoY) | 19.5% (QoQ)

• EPS: ₹11.99 ↑24% (YoY) | ↑15% (QoQ)

Shadowfax Technologies Ltd – Q2 FY27 FINANCIAL RESULTS HIGHLIGHTS

Unaudited standalone and consolidated financial results for the quarter ended September 30, 2026:

- Revenue grew 56.6% YoY to INR 1538 Cr

- PAT stood at INR 68 Cr (422% YoY growth)

- Adjusted EBITDA at INR 77 Cr (5.0% margin)

- Ind AS EBITDA at INR 104 Cr (6.7% margin)

- Total orders delivered: 27.1 Cr (up 69.7% YoY)

- Express Parcel revenue grew 55.2% YoY; Hyperlocal revenue grew 87.7% YoY

BLACKBUCK Q2 FY27 RESULTS

• Net Profit: ₹41 Cr ↑42% (YoY) | ↓2% (QoQ)

• Revenue: ₹235 Cr ↑56% (YoY) | ↑15% (QoQ)

• EBITDA: ₹51 Cr ↑39% (YoY) | ↑2% (QoQ)

• Margins: 21.5% vs 24.2% (YoY) | 24.3% (QoQ)

• EPS: ₹2.27 ↑42% (YoY) | ↓2% (QoQ)