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Q2 FY26 Earnings Results

#CompanyRevenue (₹ Cr)SectorRevenue (₹ Cr)Profit (₹ Cr)
🥇 RELIANCE Reliance Industries Ltd2,54,623Energy2,54,62322,092
🥈 LICI Life Insurance Corporation of India2,41,524Insurance2,41,52410,096
🥉 IOC Indian Oil Corporation Ltd1,78,628Energy1,78,6288,191
4 RAJESHEXPO Rajesh Exports Ltd1,75,212Consumer Goods1,75,212104
5 ONGC Oil & Natural Gas Corpn Ltd1,57,911Oil & Gas1,57,91112,615
6 BPCL Bharat Petroleum Corporation Ltd1,04,946Petroleum Products1,04,9466,191
7 HINDPETRO Hindustan Petroleum Corporation Ltd1,00,856Petroleum Products1,00,8563,859
8 TMPV Tata Motors Passenger Vehicles Ltd72,349Automobiles72,34976,248
9 LT Larsen & Toubro Ltd67,984Industrials67,9844,678
10 HINDALCO Hindalco Industries Ltd66,058Metals & Mining66,0584,741
11 TCS Tata Consultancy Services Ltd65,799Information Technology65,79912,131
12 TATASTEEL Tata Steel Ltd58,689Metals & Mining58,6893,183
13 BHARTIARTL Bharti Airtel Ltd52,145Telecom52,1458,651
14 M&M Mahindra & Mahindra Ltd46,106Automobiles46,1063,964
15 JSWSTEEL JSW Steel Ltd45,152Commodities45,1521,646
16 NTPC NTPC Ltd44,784Utilities44,7845,225
17 INFY Infosys Ltd44,490Information Technology44,4907,375
18 MARUTI Maruti Suzuki India Ltd42,344Consumer Discretionary42,3443,349
19 GRASIM Grasim Industries Ltd39,900Construction39,9001,498
20 BAJAJFINSV Bajaj Finserv Ltd37,215Financial Services37,2154,746
21 COALINDIA Coal India Ltd36,553Energy36,5534,167
22 GAIL GAIL (India) Ltd35,537Energy35,5371,989
23 HCLTECH HCL Technologies Ltd31,942Information Technology31,9424,236
24 MOTHERSON Samvardhana Motherson International Ltd30,173Automobiles30,173846
25 REDINGTON Redington Ltd29,076Commercial Services29,076350

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.