Major Indian Firms Gear Up for Q2 Earnings Reports

More than 650 companies are preparing to announce their quarterly results for the period ended September 30, 2025. This surge of earnings reports, scheduled between November 3-8, includes several heavyweight firms across various sectors of the Indian economy.

Key Companies Reporting

Some of the major companies slated to report their earnings include:

Many of these companies have also scheduled earnings calls with investors and analysts, providing an opportunity for deeper insights into their financial performance and future outlook.

SBI Management Change

In a separate development, State Bank of India has disclosed a change in its senior management. According to a regulatory filing dated October 31, 2025:

• Shri Deepak Kumar Lalla, currently serving as Managing Director & CEO of SBICAP Securities Limited, Mumbai, will be superannuating from the bank's services.
• The superannuation will be effective at the close of business hours on October 31, 2025.

This management change comes just days before SBI's scheduled earnings report, adding an extra dimension to the bank's upcoming financial disclosure.

Investor Focus

As these companies prepare to unveil their financial results, investors and market analysts will be keenly watching for indicators of corporate performance amidst the current economic landscape. The diverse range of sectors represented – from banking and telecommunications to automotive and e-commerce – will provide a comprehensive view of India's economic health in the second quarter of the fiscal year.

The upcoming week promises to be crucial for market participants, offering valuable insights into the financial health and future prospects of some of India's most prominent corporations.

Several major Indian companies have released their quarterly earnings for Q2, showcasing varied performances across sectors. Notable results and strategic announcements include:

ITC Limited Posts Steady Growth

ITC Limited reported a 4.1% year-on-year increase in standalone profit after tax (PAT) to ₹5,180.00 crore for Q2. The company's gross revenue from sale of products and services stood at ₹19,148.00 crore, reflecting a 2.7% decline compared to the same period last year.

Key highlights of ITC's performance include:

• FMCG-Cigarettes segment revenue grew by 6.7% year-on-year to ₹8,723.00 crore
• FMCG-Others segment revenue increased by 6.9% to ₹5,964.00 crore
• Agri Business revenue declined by 31.2% to ₹3,976.00 crore
• Paperboards, Paper & Packaging segment revenue rose by 5% to ₹2,220.00 crore

The company's Board of Directors has approved the voluntary delisting of ITC's Ordinary Shares from The Calcutta Stock Exchange Limited (CSE), while maintaining listings on the National Stock Exchange of India Limited and BSE Limited.

Swiggy Reports Revenue Surge Amid Widening Losses

Food delivery platform Swiggy saw its revenue surge by 54.4% to ₹5,561.00 crore. However, the company's losses widened to ₹1,092.00 crore. Swiggy is reportedly considering a fundraising of up to ₹10,000.00 crore.

Bandhan Bank Faces Significant Profit Decline

Bandhan Bank experienced a substantial 88.1% decline in profit to ₹112.00 crore, primarily due to increased provisions.

Other Notable Results

Strategic Corporate Actions

• Tata Consultancy Services (TCS): Entered a five-year digitization agreement with Tata Motors
• Hindustan Unilever: Received NCLT approval for the demerger of its ice cream business
• Sunteck Realty: Acquired a 100% stake in Shreejikrupa Hotels for an enterprise value of ₹100.00 crore

The mixed results reflect the diverse challenges and opportunities faced by Indian companies in the current economic environment. While some firms have shown resilience and growth, others are grappling with sector-specific headwinds and broader market dynamics.