BREAKING
Ola Electric, HAL and Vodafone Idea headline busy day of 369 Q2 corporate earnings
Around 369 listed Indian companies present their second-quarter performance for FY27 on 12 November 2026.
Around 369 listed Indian companies are scheduled to report their second-quarter financial results for FY27 on 12 November 2026, marking one of the heaviest corporate reporting days of the ongoing earnings season.
The lineup features electric two-wheeler maker Ola Electric Mobility alongside state-owned defence giants Hindustan Aeronautics and Bharat Dynamics, telecom operator Vodafone Idea, grid infrastructure maker Hitachi Energy India, and state oil producer Oil India.
High-profile startup and consumer earnings
Ola Electric Mobility enters the September quarter following a recovery in its top line during the preceding quarter. In Q1 FY27, the electric vehicle manufacturer reported consolidated revenue of Rs 455 crore, down 45 per cent year-on-year from Rs 828 crore, but up 72 per cent sequentially from Q4 FY26. Its net loss for Q1 FY27 narrowed to Rs 336 crore from Rs 428 crore a year earlier and Rs 500 crore in the preceding quarter, while its market share stood at 8.4 per cent.
Apparel manufacturer Page Industries, the licensee for Jockey and Speedo in India, is also scheduled to post its numbers. In Q1 FY27, the company reported standalone revenue of Rs 1,420 crore, up 7.9 per cent year-on-year, while net profit dropped 4 per cent to Rs 193 crore as operating margins eased.
Defence and capital goods leaders
Defence manufacturer Hindustan Aeronautics (HAL) reports Q2 earnings after recording consolidated revenue of Rs 5,515 crore in Q1 FY27, up 14.4 per cent year-on-year. The state-run aerospace builder posted a 14.9 per cent rise in first-quarter net profit to Rs 1,590 crore.
Fellow defence public sector enterprise Bharat Dynamics enters Q2 following strong top-line growth in the first quarter. The missile maker reported standalone revenue of Rs 572 crore in Q1 FY27, up 130.8 per cent from the previous year, while net profit rose to Rs 118.79 crore from Rs 18.35 crore. The company reported an order book of Rs 26,176 crore as of 31 March 2026.
In energy infrastructure, Hitachi Energy India is scheduled to announce its quarterly earnings following a sharp jump in first-quarter profitability. The power grid equipment maker posted standalone revenue of Rs 2,494 crore in Q1 FY27, up 68.6 per cent year-on-year, while net profit grew 123.5 per cent to Rs 294 crore. The company held a record order backlog of Rs 32,222 crore at the end of the first quarter.
Telecom, energy, and mining results
Vodafone Idea will present its second-quarter performance as it continues its network buildout. India's third-largest telecom operator reported consolidated revenue of Rs 11,689 crore in Q1 FY27, up 6 per cent year-on-year, while average revenue per user (ARPU) grew 10.2 per cent to Rs 195. The company's net loss narrowed to Rs 3,754 crore in the first quarter from Rs 6,608 crore in the same period a year earlier.
State-owned Oil India is reporting Q2 results after first-quarter net profit nearly doubled to Rs 4,027 crore from Rs 2,047 crore a year earlier, supported by consolidated revenue growth of 47 per cent to Rs 12,886 crore. Iron ore producer NMDC also posts earnings after Q1 FY27 revenue rose 2 per cent to Rs 6,795 crore and net profit reached Rs 2,006 crore, despite a 26 per cent rise in iron ore production.
Pharmaceutical firm Alkem Laboratories will release its figures after first-quarter consolidated revenue rose 11 per cent to Rs 3,740 crore, while net profit fell 21.7 per cent to Rs 521 crore.
Comparison of key Q1 FY27 baseline metrics
| Company | Q1 FY27 Revenue | YoY Revenue Growth | Q1 FY27 Net Profit / (Loss) | Key Operational Metric |
|---|---|---|---|---|
| Hindustan Aeronautics | Rs 5,515 crore | +14.4% | Rs 1,590 crore | Net profit up 14.9% YoY |
| Vodafone Idea | Rs 11,689 crore | +6.0% | (Rs 3,754 crore) | ARPU up 10.2% to Rs 195 |
| Hitachi Energy India | Rs 2,494 crore | +68.6% | Rs 294 crore | Order backlog at Rs 32,222 crore |
| Oil India | Rs 12,886 crore | +47.0% | Rs 4,027 crore | Net profit nearly doubled YoY |
| Ola Electric Mobility | Rs 455 crore | -45.0% | (Rs 336 crore) | Market share at 8.4% |
| Alkem Laboratories | Rs 3,740 crore | +11.0% | Rs 521 crore | Net profit down 21.7% YoY |
| NMDC | Rs 6,795 crore | +2.0% | Rs 2,006 crore | Iron ore output up 26% |
| Bharat Dynamics | Rs 572 crore | +130.8% | Rs 118.79 crore | Order book at Rs 26,176 crore |
| Page Industries | Rs 1,420 crore | +7.9% | Rs 193 crore | Net profit down 4.0% YoY |
Broader corporate calendar and what comes next
Beyond the large-cap names, the day's earnings calendar includes IRCTC, Manappuram Finance, Rail Vikas Nigam (RVNL), Amber Enterprises India, Reliance Power, Dilip Buildcon, IFCI, ITD Power Systems, Caplin Point Laboratories, Astra Microwave Products, Procter & Gamble Hygiene and Health Care, and Travel Food Services.
Market participants will track operating margins, revenue trajectories, and order execution updates across capital goods, telecom, automotive, and defence sectors to evaluate mid-year earnings momentum.