Q2 Results 2026: What Stood Out in the Results of Five Companies?
During the second quarter of the financial year 2026–27, from July to September 2026, several major companies announced their financial results. These results show how much companies’ earnings have grown, how their profits have improved, and what challenges their businesses are facing.
In this report, we will explain the results of Infosys, JSW Steel, Swiggy, HCL Technologies and Atul Ltd in simple language. The key point is that these companies operate in different sectors. Therefore, understanding their results is important for investors.
1. Infosys Q2 Results 2026
Infosys is one of India’s leading IT companies. It provides software development, digital services, cloud and artificial intelligence (AI) services to customers worldwide.
According to a Reuters report dated October 23, 2026, the company’s revenue for the second quarter increased by 10.7% year-on-year to ₹49,244 crore. In the same quarter last year, the company’s revenue was approximately ₹44,490 crore.
| Financial Details | Q2 FY27 |
|---|---|
| Revenue | ₹49,244 crore |
| Year-on-year revenue growth | 10.7% |
| Net Profit | Final verified figure unavailable |
| Main Business | IT and digital services |
The company’s earnings received support from demand from customers in the energy and utilities sectors, as well as increased spending on AI services. However, investors should also pay attention to the company’s complete results, including net profit, operating margin and future growth guidance.
Source: Reuters report dated October 23, 2026.
2. JSW Steel Q2 Results 2026
JSW Steel is one of India’s leading steel manufacturers. Its business is influenced by steel demand from the construction, automobile and industrial sectors.
The company delivered a strong performance in the September quarter. According to Reuters, JSW Steel’s consolidated revenue increased by 20.7% year-on-year to ₹54,486 crore. Meanwhile, its net profit more than tripled to ₹5,279 crore.
| Financial Details | Q2 FY27 |
|---|---|
| Revenue | ₹54,486 crore |
| Net Profit | ₹5,279 crore |
| Steel Sales Volume | 74.6 lakh tonnes |
| EBITDA Margin | 18.57% |
Steel sales increased by 13% year-on-year. The company benefited from strong demand for flat steel products. On the other hand, the cost of raw materials such as coking coal also increased.
Overall, JSW Steel delivered strong results. However, changes in steel prices, raw material costs and demand may affect the company’s profitability in the future.
Source: Reuters report dated October 23, 2026.
3. Swiggy Q2 Results 2026
Swiggy operates an online food delivery business and delivers groceries and everyday essentials through Instamart.
The company recorded healthy revenue growth in the second quarter, but it continued to report a loss.
| Financial Details | Q2 FY27 |
|---|---|
| Revenue | ₹7,571 crore |
| Year-on-year revenue growth | 36% |
| Net Loss | ₹922 crore |
| Net Loss in the Previous Year | ₹1,092 crore |
| Total Expenses | ₹8,703 crore |
Swiggy’s net loss declined from ₹1,092 crore in the same quarter last year to ₹922 crore. This represents a reduction of approximately 15.6% in its losses.
The adjusted EBITDA of the company’s food delivery business also improved. On the other hand, spending on Instamart’s expansion and delivery network will remain important.
Swiggy’s biggest challenge is to increase revenue while reducing losses and making its business profitable over the long term.
Source: Business Standard report dated October 22, 2026.
4. HCL Tech Q2 Results 2026
HCL Technologies, also known as HCLTech, is a leading Indian IT company. It provides software, engineering, cloud and AI services.
The company recorded growth in both revenue and net profit in the second quarter of the financial year 2026–27.
| Financial Details | Q2 FY27 |
|---|---|
| Revenue | ₹35,620 crore |
| Year-on-year revenue growth | 11.5% |
| Net Profit | ₹5,132 crore |
| Year-on-year profit growth | 21.2% |
| EBIT Margin | 18.2% |
| Interim Dividend Announced | ₹12 per share |
The company’s net profit increased by 21.2% compared with the same quarter last year. In addition, revenue from advanced AI grew by 78% to $219 million.
HCLTech has projected revenue growth of 2.5% to 4% for the financial year 2026–27 on a constant currency basis.
Revenue growth, improved profitability and the increasing contribution of its AI business were the major highlights of these results.
Source: HCLTech’s official investor website and the company’s Q2 FY27 results.
5. Atul Ltd Q2 Results 2026
Atul Ltd is one of India’s leading chemical companies. It manufactures life science chemicals, performance chemicals and other industrial chemicals.
As of October 23, 2026, the complete Q2 FY27 results of the company could not be confirmed from verified information available. Therefore, it would not be correct to present figures from the previous quarter as September-quarter results.
According to the company’s consolidated Q1 FY27 results:
| Financial Details | Q1 FY27 |
|---|---|
| Revenue | ₹1,847.95 crore |
| Net Profit | ₹253.93 crore |
| Operating Profit | ₹393.54 crore |
| Year-on-year revenue growth | 25.03% |
| Year-on-year net profit growth | 91.85% |
These figures relate to the quarter ended June 2026, not the September quarter. Therefore, investors should compare the latest figures once the official Q2 results are released.
Source : Business Standard’s quarterly financial information for Atul Ltd.
Q2 Results 2026 help investors understand the direction of companies’ businesses, but strong results do not necessarily mean that a stock’s price will rise. Investors should evaluate all financial figures and risks before investing.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.