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business

Q2 earnings wrap: TVS Motor, Adani Green, Shree Cement, Tata Capital among others in focus

Anthony Carlin
Last updated: October 31, 2025 12:51 am
Anthony Carlin

Several Indian companies announced their second-quarter results for the financial year 2026 (Q2FY26) today, on Oct 28. Major earnings include TVS Motor,Adani Green Energy, Shree Cement, M&M Financial Services, Tata Capital, and KFin Technologies. Here are key highlights from their Q2 performance.

Contents
TVS Motor Q2 net profit jumps 42% YoYAdani Green Energy Q2 profit up 25%Shree Cement  declares Rs 80 dividendM&M Financial Services Q2 net profit jumps 45%Tata Capital Q2 net profit rises 33% YoYKFin Technologies Q2 net profit rises 4.5%

TVS Motor Q2 net profit jumps 42% YoY

TVS Motor Companyreported a 42% YoY rise in consolidated net profit to Rs 832.76 crore for Q2FY26, up from Rs 588.13 crore last year. Revenue from operations jumped 25% to Rs 14,051.22 crore from Rs 11,197.19 crore.

Total two- and three-wheeler sales hit an all-time high of 15.07 lakh units, up 23% YoY. Motorcycle sales grew 20% to 6.73 lakh units, scooters rose 30% to 6.39 lakh units, and international two-wheeler sales climbed 31% to 3.63 lakh units. Three-wheeler sales surged 41% to 53,000 units.

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EV sales rose 7% YoY to a record 80,000 units.

Adani Green Energy Q2 profit up 25%

Adani Green Energy  reported a net profit of Rs 644 crore for the second quarter, up 25% year-on-year (YoY) from Rs 515 crore net profit reported in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile was reported at Rs 3,008 crore in Q2 FY26, marking only a marginal rise from the Rs 3,005 reported in Q2 FY24.

Shree Cement  declares Rs 80 dividend

Shree Cementdeclared a dividend of Rs 80 per share. The company reported a net profit of Rs 309 crore, up from Rs 76.4 crore a year ago, while revenue for the second quarter stood at Rs 4,303 crore.

M&M Financial Services Q2 net profit jumps 45%

M&M Financial Servicesreported a 45% YoY jump in net profit to Rs 564 crore, compared to Rs 389 crore last year. Net interest income (NII) rose 14.6% to Rs 2,279 crore from Rs 1,988 crore a year ago.

Tata Capital Q2 net profit rises 33% YoY

Tata Capital reported net profit at Rs 1,128 crore in second quarter, up 33% YoY. Asset under managemnet (AUM)  grew 22% YoY to Rs 2,15,574 crore. NII stood at Rs 2,367 Crore, growing 23% YoY.

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KFin Technologies Q2 net profit rises 4.5%

Kfin Technology reported a net profit of Rs 93 crore for the second quarter, up 4.5% from Rs 89 crore in the same period last year. Revenue for Q2 rose 10.3% to Rs 309.2 crore from Rs 280.4 crore year-on-year.

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