Q1 Results Today Highlights: UltraTech profit rises; IOB, KVB and Sobha post strong Q1 growth; Mahindra Logistics, Dynamic Cables, Jaiprakash Power, Shyam Metalics surge
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In Q1 2026, several companies reported strong financial performances, with D P Abhushan and Jaiprakash Power Ventures showing significant profit increases of 77% and 69%, respectively. However, bank stocks like HDFC Bank and Axis Bank underperformed, while JSW Steel and Reliance Industries saw gains. The Sensex and Nifty indices closed lower, indicating a mixed market sentiment.
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Q1 Results Today, 20th July 2026 Highlights: Find all the latest Q1 results 2026 updates of UltraTech Cement, Indian Overseas Bank, Authum Investment & Infrastructure, Karur Vysya Bank, Shyam Metalics & Energy, Central Mine Planning & Design Institute, Sobha and Canara HSBC Life Insurance Company.
Bank stocks - HDFC Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank - underperformed following Q1 results;
JSW Steel, Reliance Industries & ICICI Bank rose
Jewellery retailer D P Abhushan on Monday reported 77 per cent growth in profit after tax at Rs 64.45 crore in the June quarter compared to the year-ago period.
The company had posted a PAT of Rs 36.42 crore in Q1 FY26, D P Abhushan said in a statement.
Total income for the quarter under review rose 58 per cent to Rs 853.63 crore from Rs 541.32 crore in the June quarter of the financial year ended March 31, 2026, the company said. - PTI
Jaiprakash Power Ventures Ltd on Monday posted a nearly 69 per cent rise in its consolidated net profit to Rs 468.84 crore in the June quarter, mainly on the back of higher revenues.
Its consolidated net profit stood at Rs 278.13 crore in the quarter ended on June 30, 2025, an exchange filing showed. - PTI
Realty firm Sobha Ltd on Monday reported a more than threefold increase in its consolidated net profit to Rs 50.84 crore for the quarter ended June, driven by higher revenue.
Its net profit stood at Rs 13.61 crore in the year-ago period.
Total income rose to Rs 1,330.17 crore in the first quarter of 2026-27, from Rs 901.40 crore in the corresponding period of the preceding year, according to a regulatory filing. - PTI
Mahindra Logistics on Monday said its standalone profit after tax in June quarter rose nearly fivefold to Rs 29 crore as compared to the year-ago period.
The company had posted a standalone PAT of Rs 6.44-crore in the first quarter of FY26.
Revenue from operations jumped 23 per cent to Rs 1,654.89 crore from Rs 1,345.82-crore in April-June FY26, as per a company filing. - PTI
UltraTech Cement reports 17% profit rise and plans significant capacity expansion by fiscal 2028 amid strong sales volumes.
Sensex ended 442.93 pts or 0.57% lower at 77,708.52; and Nifty 50 fell 95.80 pts or 0.39% to 24,238.50.
Aurum PropTech reports ₹45 crore net profit in Q1 2026-27, driven by higher revenue and property sales gains.
IOB has set a target of raising around $1 billion in FCNR (B) and Overseas Foreign Currency Borrowings by September, says the MD. It has already raised $300 million in FCNR (B) deposits alone as of date.
STEEL EXCHANGE INDIA’s standalone net profit for the quarter ended June 2026 stood at Rs 15.02 crore compared to Rs 10.22 crore in the same quarter last year.
Total income rose to ₹10,938 crore during the April-June period from ₹8,866.47 crore a year earlier, the bank said in a stock exchange filing
Karur Vysya Bank reported net profit for the quarter ended June 2026 at Rs 755.70 crore (up 44.9%) from Rs 521.45 crore in the same quarter last year.
Shares were down 4% to Rs 298.25 on the NSE.
Consolidated Net Sales rose to Rs. 24,465 crores, compared with Rs. 21,040 crores in the corresponding period of the previous year, registering a growth of 16%.
• Total Credit increased by 22.75 % to ₹3,22,132 crore.
• RAM Segment of the Bank increased by 35.82% YoY, within which 36.49% growth in Retail, 46.84% growth in Agri and 16.15% growth in MSME
• Net Profit increased by 49.32 % to ₹ 1,659 crore.
• Operating profit increased by 14.21 % to ₹ 2,693 crore.
• Net Interest Income (NII) increased by 34.30 % to ₹ 3,688 crore.
• Domestic NIM increased to 3.48 % while Global NIM increased to...
Original Article
Published on Hindu BusinessLine