July 23, 2026: Several major Indian companies announced their Q1 FY27 results on Thursday, with mixed performances across the IT, aviation, technology, retail and consumer sectors.
Infosys reported a 9% quarter-on-quarter decline in net profit, while the company narrowed its FY27 revenue growth guidance to 1.5%-3% in constant currency terms. The IT major also appointed Ashiss Kumar Dash as CEO-designate, with the leadership transition scheduled to take effect from April 1.
IndiGo reported a Q1 net loss of ₹237 crore, impacted by a sharp rise in jet fuel expenses. Meanwhile, Cyient's net profit surged 90% to ₹104 crore, with revenue rising to ₹2,076 crore.
Meesho reported a narrowing of its net loss, while its NMV grew 34% year-on-year. Sona BLW Precision Forgings reported a 45% year-on-year jump in profit to ₹180 crore and announced its entry into the Robotics and Physical AI segment.
Key Q1 FY27 Results
- Infosys: Net profit down 9% QoQ; FY27 revenue growth guidance narrowed to 1.5%-3% in constant currency terms. Ashiss Kumar Dash appointed CEO-designate.
- Cyient: Net profit rises 90%; revenue reaches ₹2,076 crore.
- Sona BLW: Profit jumps 45% YoY to ₹180 crore; enters Robotics and Physical AI.
- Meesho: Net loss narrows; NMV grows 34% YoY.
- IndiGo: Reports ₹237 crore Q1 net loss as jet fuel expenses rise 86% YoY.
- Vishal Mega Mart: Q1 profit rises 26% YoY to ₹206 crore; revenue grows 19%, while shares decline.
- PVR INOX: Returns to profit in Q1; revenue rises 12% to ₹1,622 crore, with shares gaining 1.49%.
The Q1 FY27 earnings season continues to remain mixed, with strong profit growth reported by companies such as Cyient and Sona BLW, while pressure on margins, fuel costs and guidance impacted companies including IndiGo and Infosys.
Disclaimer
The information provided in this article is based on publicly available company disclosures and reported financial data. The figures and comparisons are presented for informational purposes only and should not be construed as investment advice, a recommendation to buy or sell securities, or a guarantee of future performance. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.
