Indian firms report mixed Q2 FY27 results as Paytm profit jumps

Indian companies reported their second-quarter results for fiscal year 2026-27 on October 26 and 27, 2026. Paytm posted a profit of 225 crore rupees, rising more than tenfold from the previous year, while revenue grew 28 percent to 2,648 crore rupees. Nazara Technologies turned profitable with 35.36 crore rupees after a loss of 33.9 crore rupees a year earlier, and its revenue increased 52.6 percent to 803.2 crore rupees.

Indian Overseas Bank reported a 56 percent year-on-year rise in standalone net profit to 1,912.42 crore rupees, up from 1,226.42 crore rupees. Tata Consumer Products profit increased 15.7 percent to 470.1 crore rupees, while revenue grew 14 percent to 5,661.1 crore rupees. Shriram Finance shares fell as credit costs weighed on results, and brokerage JPMorgan cut its target price to 1,095 rupees from 1,215 rupees.

“Paytm Q2 FY27 profit rises over tenfold to 225 crore rupees; revenue grows 28 percent to 2,648 crore rupees.”

DRC Systems India posted a standalone net profit of 90.1 lakh rupees in Q2FY27, down from 98.8 lakh rupees a year earlier, while its shares traded 4 percent higher at 11.68 rupees on the NSE. PNGS Reva Diamond Jewellery reported net profit of 23.29 crore rupees, compared with 12.68 crore rupees in the prior-year quarter, but its shares fell 12 percent to 555.90 rupees on the NSE.

Genus Power Infrastructures approved a share buyback worth 148.2 crore rupees, and Sigma Advanced Systems received an order valued at 973 crore rupees. Several firms including Larsen & Toubro, Maruti Suzuki India, Bajaj Auto, Cipla, Tata Steel, Vedanta Iron and Steel, Waaree Energies, Mazagon Dock Shipbuilders, ACC, SAIL, SBI Life Insurance, Tata Capital, Star Health, Honeywell Automation, and ABDL were scheduled to announce Q2 results on October 27.

Market indexes moved modestly during the reporting period. On October 26, the Sensex stood at 73,440.70 and the Nifty at 22,636.30, while crude oil traded at 9,617 rupees and gold at 142,635 rupees. Later readings showed the Sensex at 73,141.04 and the Nifty at 22,591.90, with crude oil at 9,656 rupees and gold at 142,546 rupees.