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Q2 FY26 Earnings Results

#CompanyProfit (₹ Cr)SectorRevenue (₹ Cr)Profit (₹ Cr)
🥇 TMPV Tata Motors Passenger Vehicles Ltd76,248Automobiles72,34976,248
🥈 RELIANCE Reliance Industries Ltd22,092Energy2,54,62322,092
🥉 SBIN State Bank of India21,861Financial Services—21,861
4 HDFCBANK HDFC Bank Ltd20,364Banks—20,364
5 ICICIBANK ICICI Bank Ltd14,318Banks—14,318
6 ONGC Oil & Natural Gas Corpn Ltd12,615Oil & Gas1,57,91112,615
7 TCS Tata Consultancy Services Ltd12,131Information Technology65,79912,131
8 LICI Life Insurance Corporation of India10,096Insurance2,41,52410,096
9 BHARTIARTL Bharti Airtel Ltd8,651Telecom52,1458,651
10 IOC Indian Oil Corporation Ltd8,191Energy1,78,6288,191
11 PFC Power Finance Corporation Ltd7,834Financial Services—7,834
12 INFY Infosys Ltd7,375Information Technology44,4907,375
13 SUPREMEINF Supreme Infrastructure India Ltd6,306Construction146,306
14 BPCL Bharat Petroleum Corporation Ltd6,191Petroleum Products1,04,9466,191
15 AXISBANK Axis Bank Ltd5,567Financial Services—5,567
16 NTPC NTPC Ltd5,225Utilities44,7845,225
17 ITC ITC Ltd5,187Fast Moving Consumer Goods19,5025,187
18 BANKBARODA Bank of Baroda5,181Banks—5,181
19 PNB Punjab National Bank5,121Banks—5,121
20 BAJFINANCE Bajaj Finance Ltd4,948Financial Services—4,948
21 CANBK Canara Bank4,896Banks—4,896
22 BAJAJFINSV Bajaj Finserv Ltd4,746Financial Services37,2154,746
23 HINDALCO Hindalco Industries Ltd4,741Metals & Mining66,0584,741
24 LT Larsen & Toubro Ltd4,678Industrials67,9844,678
25 KOTAKBANK Kotak Mahindra Bank Ltd4,468Financial Services—4,468

About the Q2 FY26 leaderboard

What does the Q2 FY26 earnings leaderboard rank?
Companies ranked on one measure at a time — EPS surprise against consensus, profit growth, revenue growth, or absolute profit and revenue. Ranking is computed over every company that reported the quarter, not just the ones on the first page of the grid.
Which companies can appear in the EPS surprise ranking?
Surprise is measured against an analyst estimate, and only 131 companies had one for Q2 FY26. A company nobody covers has no surprise to report, so it sorts below every company that does rather than being ranked at zero — in practice the ranking is filled by covered companies.
Is a large percentage growth figure always a good result?
No. A company recovering from a very small base can post several hundred percent growth on a modest absolute gain, which is why absolute revenue and profit are shown beside the growth figure. Growth measured from a loss-making base is excluded entirely rather than published as a large number.
Why do some Q2 FY26 growth figures show "n/a" instead of a percentage?
Growth is left blank whenever the comparison period was not profitable. A percentage change measured from a loss is arithmetic without meaning — a swing from a ₹10 crore loss to a ₹10 crore profit is not "200% growth", and publishing it as such would flatter the company. The reported figures for both periods are still shown, so the change is there to read directly.
Does the beat/miss verdict cover every company?
No, and the denominator matters. An analyst consensus existed for 131 of the 5,646 companies that reported Q2 FY26 — 2.3%. Beat, missed and in-line describe only those. Every other company is marked "no estimate" rather than being counted as in line, because nobody forecast it. Revenue and profit growth, by contrast, cover every company in the table.
What counts as an in-line result rather than a beat or a miss?
Reported earnings per share within ±2% of the consensus estimate. The band is set there because a tighter one classifies rounding as news, and a wider one swallows surprises that genuinely moved a stock.
Are the figures consolidated or standalone?
Consolidated where a company reports on that basis, standalone otherwise, with all money in ₹ crore. Figures are as filed by the company with the exchanges (NSE/BSE); they are not restated or adjusted.

Figures are as reported by companies in their quarterly filings to the exchanges (NSE/BSE), in ₹ crore. Consolidated results are shown where a company reports them, otherwise standalone. Year-on-year and quarter-on-quarter growth is omitted where the comparison period was loss-making, since a percentage change from a negative base is not meaningful. Analyst consensus is an estimate, not a forecast of outcome.