Diversified Sector — Q2 FY26 Earnings Overview
9 companies reported. 7 bullish, 2 neutral, 0 bearish.
Company Results
| Company | Revenue | YoY | Margin | Sentiment |
|---|---|---|---|---|
| Infy | ₹44,490 Cr | +2.9% | 21.0% | bullish high |
| Maruti | ₹40,130 Cr | +12.8% | — | bullish high |
| Bajajfinsv | ₹37,403 Cr | +11% | 38.0% | bullish high |
| Grasim | ₹9,610 Cr | +26% | — | neutral medium |
| TATA CONSUMER PRODUCTS | ₹5,000 Cr | +18% | 13.6% | bullish high |
| Divislab | ₹2,860 Cr | +17% | — | bullish medium |
| Ongc | — | — | — | neutral medium |
| Ntpc | — | — | — | bullish high |
| SBI Life Insurance Company | — | — | — | bullish high |
Key sector risks this quarter
Chemicals profitability remains heavily dependent on caustic soda prices and chlorine demand, which are difficult to predict and subject to global trade dynamics.
Ongc · highOil production from KG 98/2 fell to 28,000 bpd from 30,000 bpd, and recovery depends on well interventions with uncertain timing.
Ongc · highStandalone PAT declined 17.8% YoY due to lower crude realizations; further price drops could pressure earnings.
Bajajfinsv · highThe loss of input tax credit on GST is expected to impact NBM by ~450bps annualized if unmitigated. Management is working on mitigation but impact may persist for two quarters.
Divislab · highManagement acknowledged ongoing pricing pressure in generics with no improvement expected in the next two quarters, potentially impacting margins.