VARUN BEVERAGES Q3 FY26 – RESULTS VS ESTIMATES

• Net Profit: ₹828 Cr vs ₹791 Cr estimate (+4.68%) – Beat

• Revenue: ₹6,816 Cr vs ₹6,078 Cr estimate (+12.14%) – Beat

• EBITDA: ₹1,507 Cr vs ₹1,386 Cr estimate (+8.73%) – Beat

• EBITDA Margin: 22.1% vs 22.8% estimate (-70 bps) – Miss

AETHER INDUSTRIES Q2 FY27 RESULTS

• Net Profit: ₹68 Cr ↑26% (YoY) | ↑8% (QoQ)

• Revenue: ₹347 Cr ↑24% (YoY) | ↑6% (QoQ)

• Operating Profit: ₹110 Cr ↑25% (YoY) | ↑7% (QoQ)

• Margin: 31.8% vs 31.4% (YoY) | 31.5% (QoQ)

• EPS: ₹5.12 ↑26% (YoY) | ↑7% (QoQ)

• Other Income: ₹8 Cr vs ₹9 Cr (YoY) | ₹8 Cr (QoQ)

DIGIDRIVE DISTRIBUTORS Q2 FY27 RESULTS (CONSOLIDATED)

• Net Profit: ₹6.50 Cr ↑271.43% (YoY) | ↑2307.41% (QoQ)

• Revenue: ₹13.76 Cr ↓9.17% (YoY) | ↑34.38% (QoQ)

• EBITDA Loss: ₹0.81 Cr vs ₹1.05 Cr profit (YoY) | ₹0.34 Cr profit (QoQ)

• EBITDA Margin: -5.89% vs 6.93% (YoY) | 3.32% (QoQ)

BLUE STAR:

CO SAYS EXPECT SHARP RECOVERY IN H2

UCP EBIT MARGIN MAINTAINED EXPECT SHARP RECOVERY

OCTOBER DEMAND REMAINS ROBUST

GMDC Q2 FY27 RESULTS (CONSOLIDATED)

• Net Profit: ₹170.79 Cr ↓63.33% (YoY) | ↑4.50% (QoQ)

• Revenue: ₹902.97 Cr ↑71.15% (YoY) | ↓0.40% (QoQ)

• EBITDA: ₹190.22 Cr ↑173.89% (YoY) | ↓0.43% (QoQ)

• EBITDA Margin: 21.07% vs 13.16% (YoY) | 21.07% (QoQ)

MANAKSIA COATED:

CO TO SET UP A 7 MW CAPTIVE SOLAR PLANT BY Q2FY27, ALSO TO SET UP A 3,60,000 MTPA COLD ROLLING MILL (CRM) COMPLEX BY FY28

NATIONAL FITTING Q2 FY27 RESULTS (STANDALONE)

• Net Profit: ₹3 Cr ↑58% (YoY) | ↓26% (QoQ)

• Revenue: ₹32 Cr ↑36% (YoY) | ↑18% (QoQ)

• EBITDA: ₹3 Cr ↑38% (YoY) | ↓37% (QoQ)

• EBITDA Margin: 10.5% vs 10.3% (YoY) | 19.7% (QoQ)

SAMBHAAV MEDIA Q2 FY27 RESULTS (CONSOLIDATED)

• Net Loss: ₹0.25 Cr vs ₹0.42 Cr loss (YoY) | ₹2.11 Cr loss (QoQ)

• Revenue: ₹10.98 Cr ↑8.91% (YoY) | ↑14.17% (QoQ)

• EBITDA: ₹1.41 Cr ↓19.23% (YoY) | vs ₹0.15 Cr loss (QoQ)

• EBITDA Margin: 12.82% vs 17.28% (YoY) | -1.55% (QoQ)

WELCAST STEELS Q2 FY27 RESULTS (STANDALONE)

• Net Loss: ₹0.51 Cr vs ₹3.23 Cr loss (YoY) | ₹0.72 Cr loss (QoQ)

• Revenue: ₹0.46 Cr ↓97.75% (YoY) | ↓61.89% (QoQ)

• EBITDA Loss: ₹0.86 Cr vs ₹0.58 Cr loss (YoY) | ₹1.08 Cr loss (QoQ)

• EBITDA Margin: -184.52% vs -2.79% (YoY) | -89.07% (QoQ)

AUSmall Fin Bank In Focus:

Bank likely to have seen a hacking attempt, company response awaited

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VARUN BEVERAGES:

Q2 VOLUME GROWTH OF 28.7% VS FY27 TARGETS DOUBLE-DIGIT VOLUME GROWTH

XCHANGING SOLUTIONS Q2 FY27 RESULTS (CONSOLIDATED)

• Net Profit: ₹15.19 Cr ↓6.58% (YoY) | ↑0.46% (QoQ)

• Revenue: ₹53.21 Cr ↑0.76% (YoY) | ↓0.80% (QoQ)

• EBITDA: ₹18.43 Cr ↑8.35% (YoY) | ↑2.45% (QoQ)

• EBITDA Margin: 34.64% vs 32.21% (YoY) | 33.54% (QoQ)

RESONANCE SPECIALTIES Q2 FY27 RESULTS (STANDALONE)

• Net Profit: ₹8 Cr ↑411% (YoY) | ↑47% (QoQ)

• Revenue: ₹34 Cr ↑59% (YoY) | ↑5% (QoQ)

• EBITDA: ₹11 Cr ↑362% (YoY) | ↑46% (QoQ)

• EBITDA Margin: 31.8% vs 11.0% (YoY) | 22.9% (QoQ)

GUJARAT CONTAINERS Q2 FY27 RESULTS

• Net Profit: ₹4.06 Cr ↑199.14% (YoY) | ↑7.92% (QoQ)

• Revenue: ₹44.47 Cr ↑21.30% (YoY) | ↓4.52% (QoQ)

• EBITDA: ₹6.03 Cr ↑132.24% (YoY) | ↑5.33% (QoQ)

• EBITDA Margin: 13.55% vs 7.08% (YoY) | 12.28% (QoQ)

WELSPUNLIV: Q2 CONS NET PROFIT 1.7B RUPEES VS 130M (YOY)

KIRLFER: Q2 SL NET PROFIT 976M RUPEES VS 885M (YOY)

KIRLFER: Q2 EBITDA 2.23B RUPEES VS 2.14B (YOY); Q2 EBITDA MARGIN 10.9% VS 12.36% (YOY)

KIRLFER: Q2 REVENUE 20.5B RUPEES VS 17.28B (YOY)

SHARDACROP: Q2 CONS NET PROFIT 918M RUPEES VS 743M (YOY)

SHARDACROP: Q2 EBITDA 1.64B RUPEES VS 1.33B (YOY); Q2 EBITDA MARGIN 15.6% VS 14.3% (YOY)


SHARDACROP: Q2 REVENUE 10.5B RUPEES VS 9.3B (YOY)

WELSPUNLIV: Q2 REVENUE 28.4B RUPEES VS 24.4B (YOY)

WELSPUNLIV: Q2 EBITDA 3.38B RUPEES VS 1.53B (YOY); Q2 EBITDA MARGIN 11.9% VS 6.3% (YOY)