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Q2 results today: HDFC Bank, ICICI Bank, Axis Bank among 18 firms on Oct 17 | Company Results

HDFC Bank, ICICI Bank, AXIS Bank, Yes Bank, IDBI Bank, Central Bank of India, Punjab & Sind Bank, India Cements, and Le Travenues Technology (Ixigo) are among the 18 companies scheduled to announce their financial results for the second quarter of the financial year 2026-27 (Q2FY27) on Saturday. 

 

Some other firms announcing their July to September earnings include Rossari Biotech, Bajaj Healthcare, Kross, Cupid Breweries and Distilleries, Midland Polymers, Indo Cotspin, TGB Banquets and Hotels, Gagan Gases, and Hemo Organic. 

HDFC Bank Q2 preview

HDFC Bank is expected to report low single-digit profit growth for Q2 FY27, with strong deposit growth driven by FCNR(B) inflows offset by margin pressure. The results, due today, will be the last under MD and CEO Sashidhar Jagdishan, whose tenure ends on October 26. Anup Bagchi is set to succeed him.

  

Kotak Institutional Equities expects bank earnings to remain stable, with private banks likely to post 20 per cent YoY growth, partly aided by a low base at select lenders, while PSU banks could report flat earnings.

Axis Bank Q2 preview

Axis Bank is expected to report 37-43 per cent YoY growth in Q2 FY27 net profit, supported by 20-22 per cent loan growth. However, net interest margins may decline 7-12 basis points sequentially due to elevated FCNR(B) deposit mobilisation, while asset quality is likely to remain stable. 

Market updates from Oct 16

 

The Sensex gained 413.7 points, or 0.56 per cent, to close at 74,729.27, while the Nifty50 rose 148.8 points, or 0.65 per cent, to 23,146.15.

 

Tech Mahindra, TCS and Infosys led the Nifty50 gainers. Among sectors, the Nifty IT index was the top performer, while the Nifty Oil and Gas index declined the most.

Companies announcing Q2 results today

  1. AXIS Bank Ltd
  2. Bajaj Healthcare Ltd
  3. Central Bank of India
  4. Cupid Breweries And Distilleries Ltd
  5. Gagan Gases Ltd
  6. HDFC Bank Ltd
  7. Hemo Organic Ltd
  8. ICICI Bank Ltd
  9. Indo Cotspin Ltd
  10. IDBI Bank Ltd
  11. India Cements Ltd
  12. Le Travenues Technology Ltd (Ixigo)
  13. Kross Ltd
  14. Midland Polymers Ltd
  15. Punjab & Sind Bank
  16. Rossari Biotech Ltd
  17. TGB Banquets and Hotels Ltd
  18. Yes Bank Ltd

 

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